What we do Nelcast Ltd is a leading Indian manufacturer of ductile and grey iron castings serving automotive, farm equipment, railways, and pipe fitting industries with global exports. |
Founded in 1,982 |
Market share Among largest ductile iron casting producers in India with strong domestic and growing international presence in North America, Europe, and Southeast Asia. |
Problem solved Provides high-quality iron castings crucial for vehicle engines, transmissions, and other industrial parts addressing quality and supply chain needs. |
Top clients or who we serve OEMs and Tier-1 suppliers like Tata Motors, Ashok Leyland, TAFE, Automotive Axles, and international clients in USA and Europe; B2B focused. |
Key management - |
Our journey and innovations Founded in 1982, evolved capacity from 1,200 MT/annum to 160,000 MT, introduced automated high pressure molding, expanded exports, IPO in 2007. |
Where we operate India (Tamil Nadu and Andhra Pradesh) with exports to USA, Europe, Australia, and Southeast Asia. |
Top products or what we offer Grey Iron, Ductile Iron, and Austempered Ductile Iron castings ranging 0.5kg to 500kg for automotive and industrial sectors. |
Top brands - |
Raw materials needed Steel scrap and silica sand are primary raw materials for iron castings. |
Raw materials supplier Suppliers located near Chennai and Gudur providing steel scrap and silica sand. |
Recurring vs cyclical contribution Revenue is largely cyclical, dependent on automotive and agriculture sector demand cycles. |
Our industry position Top 10 Indian producer of grey iron and largest in ductile iron castings with ISO and IATF certifications. |
Financial highlights FY 2024-25 revenue of ₹1251.68 crore; net profit ₹37.29 crore; exports contribute 36% of revenue. |
Geographical revenue split Domestic revenue ₹795 crore; exports ₹445.22 crore in FY 2024-25. |
Order book - |
Whats driving growth Strong domestic automotive and tractor demand, export recovery, product mix improvements, operational efficiency, and government support. |
Our future plans Increasing capacity utilization, cost optimization, expanding export footprints, investing in renewable energy, and new product launches. |
Our green promise 60% power from renewable sources, solar power plant at Pedapariya, sand reclamation, waste recycling, and community healthcare initiatives. |
Our people and values Focus on employee safety, training, diversity, and strong governance with experienced Board and management team. |
Key challenges ahead Market slowdowns, export tariff impacts, raw material cost volatility, and maintaining operational efficiencies. |
Interesting facts Only Indian casting manufacturer with product range of 0.5 to 500 kg; one of few globally with large high-pressure molding lines. |
Risks and strategy Market cyclicality and global trade risks mitigated by expanding product portfolio, customer base, and operational improvements. |
