Nelcast Limited

Manufacturer of castings for commercial vehicles and tractors with ISO certifications.

1982 | Nellore, Andhra Pradesh (India) | Active
Last Updated:

Nelcast Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 17.40 Cr
  • Company Age 42 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 506.31 Cr
  • Satisfied Charges ₹ 368.63 Cr
  • Revenue Growth 36.66%
  • Profit Growth 109.04%
  • Ebitda 36.63%
  • Net Worth 6.05%
  • Total Assets 6.81%

About Nelcast

Nelcast Limited (NL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 June 1982 and has a history of 42 years and eight months. Its registered office is in Nellore, Andhra Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532864 and on the National Stock Exchange(NSE) under NELCAST.

The Corporate was formerly known as Nelcast Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 17.40 Cr.

The company currently has active open charges totaling ₹506.31 Cr. The company has closed loans amounting to ₹368.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nelcast Limited India is Srikalathi Sivakumar as COMPANY SECRETARY. Vinod Dasari, Balasubramanian, Sesha Dodla, and Four other members serve as directors at the Company.

Company Details

  • Location

    Nellore, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nelcast.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27109AP1982PLC003518

  • Company No.

    003518

  • Stock Symbol

    BSE : 532864 NSE : NELCAST

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 1982

  • Date of AGM

    25 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Vijayawada

Industry

Manufacturing

Who are the key members and board of directors at Nelcast?

Executive Team (2)

NameDesignationAppointment DateStatus
Deepak Ponnavolu Country flag representing In Managing Director30-Jan-2012Current
Srikalathi Sivakumar Country flag representing In Company Secretary31-Mar-2007Current

Board Members (6)

NameDesignationAppointment DateStatus
Ranganathan Sridharan Country flag representing In Director 30-Jan-2012Current
Vinod Dasari Country flag representing Us Director 25-May-2024Current
Balasubramanian Country flag representing In Director 31-Oct-2009Current
Sesha Dodla Country flag representing In Director 07-Jun-1982Current
Divya Ponnavolu Country flag representing In Director 30-Jan-2012Current
Sunder Mohan Country flag representing In Director 30-Nov-2020Current

Financial Performance of Nelcast.

Nelcast Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.66% increase. The company also saw a substantial improvement in profitability, with a 109.04% increase in profit. The company's net worth moved up by a moderate rise of 6.05%.

Nelcast revenue growth over time
Nelcast profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
36.66%
Revenue from Operations
36.30%
Total Assets
6.81%
Profit or Loss
109.04%
Net Worth
6.05%
EBITDA
36.63%

What is the Ownership and Shareholding Structure of Nelcast?

In 2023, Nelcast had a promoter holding of 74.87% and a public holding of 25.12%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹506.31 Cr

Satisfied Charges

₹368.63 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 294.06 Cr
  • Standard Chartered Bank : 146.10 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 66.15 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jun 2023The Hongkong And Shanghai Banking Corporation Limited₹6.15 CrOpen
29 Dec 2021State Bank Of India₹19.06 CrOpen
21 Jun 2021Standard Chartered Bank₹42.10 CrOpen
29 Apr 2021Standard Chartered Bank₹12.00 CrOpen
10 Oct 2018Standard Chartered Bank₹92.00 CrOpen

How Many Employees Work at Nelcast?

Nelcast has a workforce of 1195 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Nelcast Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nelcast, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nelcast's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Nelcast

Recent activity within the organization

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 60.00 Cr registered on 17 Oct 2012 with Charge ID 10386019 was modified on 07 Oct 2024.

  • Annual General Meeting

    Nelcast Limited last Annual general meeting of members was held on 25 Jul 2024 as per latest MCA records.

  • Director Appointment

    Vinod Kumar Dasari was appointed as a Director was appointed as a Director on 25 May 2024 & has been associated with this company since 9 months 10 days .

  • Balance Sheet

    Nelcast Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

  • Charges

    A charge with State Bank Of India of Rs. 275.00 Cr registered on 25 Aug 1992 with Charge ID 90135287 was modified on 15 Mar 2024.

  • Charges

    A charge with Standard Chartered Bank of Rs. 92.00 Cr registered on 10 Oct 2018 with Charge ID 100213794 was modified on 30 Jun 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Nelcast Limited?

    Nelcast Limited was incorporated on 07 Jun 1982.

  • What is authorized share capital and paid-up capital of Nelcast Limited?

    The authorized share capital of Nelcast Limited is ₹ 25.00 Cr and paid-up capital is ₹ 17.40 Cr.

  • Who are the current board members & directors of Nelcast Limited?

    Currently 8 directors are associated with Nelcast Limited.

    • Vinod Kumar Dasari
    • Balasubramanian
    • Sesha Reddy Dodla
    • Ranganathan Sridharan
    • Deepak Ponnavolu
    • Divya Ponnavolu
    • Sunder Maheswari Mohan
    • Srikalathi Sivakumar

  • What is the registered address of Nelcast Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nelcast Limited is 34 Industrial Estate, Gudur India, Na, Andhra Pradesh, 524101.

  • What is the corporate identification number (CIN) and company number of Nelcast Limited?

    The corporate identification number (CIN) of Nelcast Limited is L27109AP1982PLC003518 and the company number is 003518 as per Ministry of Corporate Affairs (MCA).

  • Is Nelcast Limited registered with any stock exchange in India?

    Yes, Nelcast Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): NELCAST.

  • What is the official website of Nelcast Limited?

    The Official website of Nelcast Limited is https://www.nelcast.com

  • What has been the recent revenue trend for Nelcast Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Nelcast Limited has risen by 36.66%.

  • How many employees does Nelcast Limited currently have?

    As Per 2023 financial reports, 1195 employees are currently employed by Nelcast Limited.

  • What change has been observed in the net worth of Nelcast Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Nelcast Limited has experienced an upsurge of 6.05%.

  • What are the total open charges for Nelcast Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Nelcast Limited amount to ₹ 506.31 Cr.

  • When was the last Balance Sheet of Nelcast Limited filed with the ROC?

    The most recent Balance Sheet for Nelcast Limited was filed with the ROC on 31 Mar 2024.

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