Nelcast Ltd - Stock Valuation and Financial Performance

Established in 1985, Nelcast has since been a significant and diligent participant in the ferrous casting industry, producing superior quality castings for many an industry. Nelcast has shown an astounding growth rate, growing 140 times its original size to reach its current capacity of 84,000 MT. It plans to double that capacity in about two years.

Catering to the commercial vehicle Industry since 1985 and the ttractor industry since 1990, Nelcast has diversified into various other industries to increasingly fulfill their casting needs. Today, Nelcast is one of India’s largest suppliers of the finest ductile iron and grey iron castings ranging from 0.5 kgs to 250 kgs in weight. Climbing its way up the ladder of competition, Nelcast’s focus continues to be on meeting international standards of quality at competitive prices.

Given the exacting production processes and the distinct identities and attributes of the final product, the company moved towards accordance with international standards.

Despite its high degree of documented certification, Nelcast continues to nourish its grass root principles of continually maintaining high standards of precision and quality. Nelcast currently supplies components to a wide spectrum of customers and is committed to satisfy the varying and diverse customer requirements. Having been accustomed to variety and challenges Nelcast is incessantly on the look out for even more exacting products.

With two manufacturing units located in Gudur, AP and Ponneri, TN both in South India, Nelcast is one of the largest in the foundry industry. Nelcast has a specific, yet continuous production process that caters to every function needed to produce a technologically acceptable casting component. Complete with melting, moulding and core shops to development and quality control, Nelcast takes every step necessary to creating the right component for every client in the shortest span of time.

Product range of the company includes:

Nelcast products range from industry to industry. Though primarily manufacturing casting components, Nelcast has a wide range of products.

Automobiles

• Wheel Hubs
• Brake Drums
• Differential Carriers & Axle Housing
• Slide Support
• Shackles
• Brackets

Trailers

• Foot Mounting & Torque Rod

Engines

• Cylinder Blocks
• Heads
• Fly Wheels
• Fly Wheel Housing
• Crank Shaft
• Bearing Cap
• Engine Support
• Exhaust Manifolds

Tractors

• Transmission Case
• Centre Housing
• Rear Axle Housing
• Hydraulic Lift Cover

Railways

• Inserts/Shoulders for Concrete Sleepers

Pipe Fittings

• Ductile Iron Fittings - Size4' & Above

Achievements/ recognition:

• 1994 – ISO 9002 Accreditation
• 2001 – QS 9000 Accreditation
• 2005 – TS 16949 Accreditation