Nelcast Limited is a leading producer of ductile and grey iron castings in India, serving sectors like automobile, railways, and farm equipment.

The company faced challenges in H1 FY26 due to slowdowns in key export markets, particularly the U.S., affecting overall revenue growth.

Domestic demand for medium and heavy commercial vehicle (M&HCV) and tractors remained strong, buoyed by GST cuts, strong rural demand, and favorable monsoon conditions.

Nelcast’s long-term strategy focuses on product innovation, expanding its export business, and improving capacity utilizations to enhance market position.

Investments in renewable energy solutions, like solar power, are part of Nelcast’s cost optimization and sustainability strategy, aiding operational efficiencies.