HDFC Bank Ltd.

ICICI Bank Ltd.

ITC Ltd.

Reliance Industries Ltd.

Tata Motors Ltd.

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.

Company	Market Price	MCAP(Cr)	P/B	P/E	EPS	ROE
NELCAST	87.7(1.4%)	757	1.6	23.6	6.6	3.3
STEELCAS	450.3(0.0%)	907	4.5	15.0	12.4	9.7
SRIPIPES	0(-100.0%)	939	0.5	7.7	9.6	7.1
MANINDS	93.1(0.0%)	557	0.6	8.4	16.3	11.5
ALICON	662.45(0.0%)	1,066	2.3	22.5	9.1	6.4
SGIL	120.3(1.0%)	165	5.2	0.0	12.9	4.3
ELECTCAST	31.85(1.1%)	1,886	0.5	5.3	9.9	8.9
KIRLFER	442.75(2.1%)	6,061	3.9	18.1	19.3	17.0

Peer Comparison