Nelcast Limited — PPTs, 31-07-2025: Investor Presentation

**1. Financial Highlights:**

Nelcast's Q1FY26 results reveal robust performance. Revenue rose 11.1% YoY to ₹336.0 Cr. Profit After Tax surged 57.2% YoY to ₹12.5 Cr, while EBITDA increased 44.3% YoY to ₹32.4 Cr. EBITDA per kg climbed to ₹14.7, reflecting improved product mix and efficiency gains.

**2. Strategic Initiatives & Growth Drivers:**

The company targets ₹15/kg EBITDA in FY26 by boosting operational efficiency and capacity utilization. New product development, notably a ~500 kg casting, is central to future growth. Expanding export presence, especially in Europe, and cost optimization via renewable energy are also priorities.

**3. Business Developments:**

A significant milestone was the successful development of a ~500 kg single casting, the largest in company history, now submitted for customer approval. This enhances Nelcast's product capabilities and highlights ongoing modernization of manufacturing facilities.

**4. Market Position & Competitive Advantage:**

Nelcast leads as India's largest Ductile Iron Castings producer and a top 10 Grey Iron producer, serving 40+ global OEMs. Strategic plant locations, investment-grade ratings, and scalable 160,000 MT/year capacity underscore its strong competitive edge.

**5. Investor Implications:**

Strong Q1FY26 financials and strategic moves like high-value product development and export growth signal positive potential. Focus on efficiency, market leadership, and capacity scalability provides a solid foundation, suggesting this stock warrants monitoring.