About Nelcast Limited

Nelcast Limited is a manufacturer of iron castings for Original Equipment Manufacturers (OEMs) across Commercial Vehicles, Tractors, Off-Highway Vehicles and Railways. The company marked its 40th anniversary in FY 2024-25 and unveiled a refreshed vision “to be amongst the top 5 iron casting companies in the world,” underscoring its long-standing presence and growth ambitions. It operates three manufacturing units—Gudur (Andhra Pradesh), Ponneri (Tamil Nadu) and Pedapariya (Andhra Pradesh)—with its Registered Office in Gudur and Corporate Office in Chennai. Nelcast serves customers across 16 Indian States and exports to 13 countries, with a customer base spanning India, Europe, North America and Southeast Asia.

The company’s products are iron castings used in multiple vehicle and industrial applications, supplied to leading OEMs and Tier I customers. Notable names cited include Tata Motors, Ashok Leyland, TAFE, Eicher Tractors (TMTL), Volvo-Eicher Commercial Vehicles, SAME Tractors, Escorts Tractors, ITL, and global Tier I and export customers such as Dana, ZF and Meritor. Nelcast adheres to IATF 16949 quality standards and has ISO 14001 and ISO 45001 certifications for Health, Safety and Environmental Management Systems.

The company’s recent initiatives include the commissioning of a 1 MW solar power unit at the Pedapariya plant and strategic investments in automation and energy efficiency across the Gudur and Ponneri plants for enhanced manufacturing capabilities and cost efficiency. New product orders secured during the year are expected to improve capacity utilisation in coming years.

Nelcast prepares consolidated financial statements and has one subsidiary, which had not commenced commercial operations during the year under review. The company presented its Forty Third Annual Report for the financial year ended March 31, 2025.

Key Milestones of Nelcast Limited

• Celebrated 40th anniversary with a refreshed vision to become a top 5 global iron casting company.
• Commissioned a 1 MW solar power unit at Pedapariya.
• Implemented automation and energy efficiency upgrades at Gudur and Ponneri plants.
• Secured new product orders to boost capacity utilisation.
• Continued export growth with expansion plans in Europe supported by new product launches.
• Governance improvements including Auditor appointments and maintaining cost records.

Nelcast Limited Business Segment and Geographical Presence 

Operating in a single segment—Iron Castings—which accounts for 100% of turnover. Exports contributed about 36% of total turnover in FY 2024-25; remaining revenue was domestic, reflecting a diversified footprint across India and overseas markets.

The company specializes in manufacturing and trading iron castings across various vehicle and industrial applications under stringent quality standards.

Nelcast Limited Key Management

• Vinod K Dasari – Chairman
• P. Deepak – Managing Director & CEO
• S. K. Sivakumar – Chief Financial Officer & Company Secretary

Latest Updates on Nelcast Limited

• Marking 40 years of operations and global growth ambitions.
• Operational enhancements through solar power and automation upgrades.
• Strong export momentum with entry into new markets.
• Governance enhancements including audit and cost compliance.