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Nelcast Ltd, incorporated in 1982, manufactures Iron Castings. The Co. has manufacturing plants at Gudur and Pedapariya in Andhra Pradesh, and Ponneri in Tamil Nadu. It manufactures grey and ductile castings for the M&HCV and tractor industry segments. It also supplies ribbed plates and brake discs used in metro rail projects and railways.
Nelcast reported Q1 FY27 revenue of Rs. 345.4 Cr, with PAT at Rs. 5.1 Cr, impacted by high input costs. New products, export recovery, and price revisions from Q2 FY27 are set to drive growth and margin expansion for the second half.
Nelcast has announced its 44th Annual General Meeting will be held virtually. The FY25-26 Annual Report is now accessible on the company website for shareholders. Details for remote e-voting and share book closure are also available.
Nelcast filed its FY26 BRSR, showcasing progress in ESG. The company is actively integrating renewable energy, enhancing efficiency, and reducing GHG intensity. Employee well-being measures are present. These sustainability initiatives are poised for positive financial implications and operational resilience.
Nelcast reports robust FY26 results: PAT jumped 30% to Rs. 48.4 Cr, EBITDA grew 18% to Rs. 124.5 Cr. Improved margins from better utilization and product mix. Balance sheet strengthened via debt reduction. Positive outlook for FY27.
Nelcast reported robust Q3FY26 results with PAT surging 166% YoY to Rs. 15.9 Cr, driven by strong domestic demand, cost optimization, and improved product mix. Exports show stabilization. Progress on new product commercialization from FY27 positions for sustained growth.