Nelcast Limited is an Indian casting manufacturer that supplies large, complex iron castings, primarily axle housings for tractors and commercial vehicles, and exports heavier castings to agricultural and truck OEMs in the United States and Europe. The company sits between raw material suppliers and vehicle assembly lines, making single-source components that are qualified into an OEM's design. In tractors, Nelcast is the largest source for four-wheel-drive front axles, holding 80 to 90 percent share for most domestic customers; for heavy truck axle housings, the portfolio has expanded from two to twelve part numbers in roughly a year, all single-source. Domestic competition in large, complex castings is limited. The installed capacity is 180,000 tonnes, and Q1 FY27 production was 21,184 tonnes, while EBITDA per kg came in at ₹9.48 against a full-year target of ₹15 per kg, revealing a temporary margin dip rather than a structurally weak business.
companyname: Nelcast Limited ticker: NELCAST sector: Iron Castings / Automotive Components (Foundry) Nelcast Limited, incorporated in 1982 and headquartered in Chennai, is a contract manufacturer of iron castings. It melts steel scrap and other charge materials, pours the molten metal into moulds, and sells the resulting castings - both rough and machined - to automotive and industrial equipment makers. The company produces two families of material: grey iron and ductile (nodular) iron, plus Au...
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