- **lead** - Nelcast is India’s largest producer of ductile iron castings - the metal skeletons inside trucks, tractors and construction machines - started in 1982 by P. Radhakrishna Reddy with a single plant and a capacity of just 1,000 metric tonnes a year. Over four decades it has grown into a three-plant operation with 160,000 metric tonnes of annual capacity, serving 40+ customers across segments. The recurring approach that explains everything else is a deliberate shift, roughly a decade ago, from low-complexity commodity castings to medium- and high-complexity parts - competing on engineering value rather than price against local and Chinese rivals. # Business segments A single engine - iron castings - serving five end-markets from three plants, where the same moulding know-how produces everything from a half-kilogram differential case to a 500-kilogram axle housing. ## 1. Iron castings: the one-stop foundry for vehicles and machines **Nelcast makes the critical iron components that go into engines, transmissions, axles and suspensions - and it makes them across the full weight and material spectrum that its customers need.** - **Full-spectrum materials under one roof** - the company pours ductile iron, grey iron and austempered ductile iron, so a customer sourcing a differential carrier, a transmission housing and a brake disc can get all three from the same supplier. - **From half a kilo to half a tonne** - it is the only Indian casting manufacturer with a product range spanning 0.5 kg to 400 kg, and it has recently developed a single casting of roughly 500 kg for export markets, which opens doors to heavier off-highway and railway applications. - **Three plants, six automated moulding lines** - the 160,000-tonne capacity is spread across Gudur (three DISA lines), Ponneri (one KW line) and Pedapariya (two lines including a 2.1 x 1.2 metre giant that very few foundries in the world can match). Another 50,000 tonnes can be added within the existing sheds with minimal investment. - **Machined, not just cast** - for export customers, Nelcast supplies fully machined castings rather than raw blanks, which means it captures more value per part and builds deeper integration with buyers like Daimler, DANA and Meritor. - **Raw materials at the doorstep** - all three plants sit within 15-110 kilometres of India’s largest silica sand source near Gudur, and within 37-140 kilometres of Chennai’s automotive hub, which doubles as both a customer cluster and a steady supply of steel scrap. # Group structure and partners **Nelcast is a standalone foundry with one dormant subsidiary and a board that blends family ownership with outside industrial experience.** - The company has a single wholly-owned subsidiary, NC Energy Limited, which had not yet commenced commercial operations as of the latest filings. - Managing Director P. Deepak brings experience from Federal-Mogul in the US and Deere & Company, while Director D. Sesha Reddy has been on the board since the company’s founding and also chairs Dodla Dairy. - The board approved the reappointment of independent director R. Sridharan for a second five-year term, while D. Sesha Reddy has indicated he will retire at the upcoming shareholder meeting.