About
Basic Data Updated:
29 days agoNelcast Limited is involved in the production of grey and ductile castings for medium and heavy commercial vehicles, as well as the tractor industry. The company's range of products includes wheel hubs, brake drums, axle housing, shackles, and brackets. For the tractor segment, the company offers transmission cases, center housings, rear axle housings, and hydraulic lift covers. The company's two manufacturing units are situated in Ponneri (Tamil Nadu) and Gudur (Andhra Pradesh), with a combined installed capacity of 150,000 tons per annum (TPA). NL has been awarded ISO 14001 and ISO 18001 certifications for its energy management systems, as well as the IATF 16949 certification.
Industry
Company Details
- Location
Nellore, Andhra Pradesh, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Financials of Nelcast Limited
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%.
Corporate Structure
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People in Nelcast Limited
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Executive Team (2)
Deepak Ponnavolu
Managing DirectorAppointment Date: 30-Jan-2012
Status: Current
SS
Srikalathi Sivakumar CFOAppointment Date: 31-Mar-2007
Status: Current
Board Members(5)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 09 Jun 2023 | ₹6.15 Cr | Open |
State Bank Of India Creation Date: 29 Dec 2021 | ₹19.06 Cr | Open |
Standard Chartered Bank Creation Date: 21 Jun 2021 | ₹42.10 Cr | Open |
Deals i
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Rating
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Alert
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Active
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Active 13 years 5 months Ranganathan Sridharan, Deepak Ponnavolu and 3 more are mutual person
Recent activity within the organization
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.
15 Mar 2024Annual General Meeting
Nelcast Limited last Annual general meeting of members was held on 04 Aug 2023 as per latest MCA records.
04 Aug 2023Charges
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.
30 Jun 2023Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 6.15 cr with Charge ID 100729372 was registered on 09 Jun 2023.
09 Jun 2023Balance Sheet
Nelcast Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.
31 Mar 2023
Recent News, Updates & Announcement
Nelcast reports 32 rise in Q4 net profit.Finalaya 24 May 2017
Frequently asked questions
What is the Incorporation or founding date of Nelcast Limited?
