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1D
1W
1M
1Y
3Y
5Y
Max
Open135.4
High138.59
Low133.5
Prev. Close135.83
Avg. Traded Price136.04
Volume57,581

MARKET DEPTH

info2
Total bid45539.00
Total ask35682.00
OrdersQtyBid
29135.03
134135.02
145135.01
2148135
12134.93
AskQtyOrders
135.38136
135.39140
135.43117
135.44115
135.49118

HIGH/LOW

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1d
1w
1m
3m
52w

LOW/HIGH

133.502 hours ago
138.593 hours ago
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LOWER/UPPER CIRCUITS

108.67
162.99
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Nelcast Ltd Stock performance
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KEY OBSERVATIONS

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positive
negative
neutral
noteAnnual Revenue,rose 5.8%, in the last year to ₹1,342.37 Cr. Its sector's average revenue growth for the last fiscal year was 12.43%.
noteAnnual Net Profit,rose 29.88% in the last year to ₹48.43 Cr. Its sector's average net profit growth for the last fiscal year was 3.77%.
notePrice to Earning Ratio,is 24.4, lower than its sector PE ratio of 56.66.
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LONG-TERM PRICE ANALYSIS

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Stock return5Y CAGR : 12.47%
Net profit growth 5Y CAGR : 7.2%

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.
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Frequently Asked Questions

Nelcast manufactures iron castings for commercial vehicles, tractors, off-highway vehicles, and railways, serving major OEMs and Tier I global customers.

Plants are located in Gudur (Andhra Pradesh), Ponneri (Tamil Nadu), and Pedapariya (Andhra Pradesh). Registered office is in Gudur; corporate office in Chennai.

Exports comprised about 36% of turnover in FY 2024-25, with customers across 13 countries including Europe, North America, and Southeast Asia.

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