Nelcast Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 17.40 Cr
- Company Age 42 Year, 7 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 seven 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
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Location
Nellore, Andhra Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
Industry
Who are the key members and board of directors at Nelcast?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Ponnavolu
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Managing Director | 30-Jan-2012 | Current |
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Srikalathi Sivakumar
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Company Secretary | 31-Mar-2007 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ranganathan Sridharan
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Director | 30-Jan-2012 | Current |
Vinod Dasari
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Director | 25-May-2024 | Current |
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Balasubramanian
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Director | 31-Oct-2009 | Current |
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Sesha Dodla
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Director | 07-Jun-1982 | Current |
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Divya Ponnavolu
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Director | 30-Jan-2012 | Current |
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Sunder Mohan
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Director | 30-Nov-2020 | Current |
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%.
- Key Matrics
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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.
Related Corporates (Common Directorship)
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Zetwerk Manufacturing Businesses Private LimitedVinod Dasari is a mutual person
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Vijayganga Speciality Care Private LimitedVinod Dasari is a mutual person
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Dodla Dairy LimitedSesha Dodla is a mutual person
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Butterfly Gandhimathi Appliances LimitedSunder Mohan is a mutual person
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Navi Finserv LimitedRanganathan Sridharan is a mutual person
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Pidilite Industries LimitedVinod Dasari is a mutual person
Charges (Loans)
₹506.31 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jun 2023 | The Hongkong And Shanghai Banking Corporation Limited | ₹6.15 Cr | Open |
| 29 Dec 2021 | State Bank Of India | ₹19.06 Cr | Open |
| 21 Jun 2021 | Standard Chartered Bank | ₹42.10 Cr | Open |
| 29 Apr 2021 | Standard Chartered Bank | ₹12.00 Cr | Open |
| 10 Oct 2018 | Standard Chartered Bank | ₹92.00 Cr | Open |
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.
Deals i
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
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
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.
