Nelcast Limited · NSE:NELCAST
Nelcast — Q2 FY27 Earnings Presentation
27 slides from Nelcast's earnings presentation, Nov 2, 2026
Slide 1: Exchange filing cover letter
2nd November 2026 BSE Limited National Stock Exchange of India Limited Listing Operations Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai - 400 051 Maharashtra, India Maharashtra, India BSE Script Co
Slide 2: Investor Presentation Q2 & H1FY27
Investor Presentation Q2 & H1FY27 | November 2026 B S E : 5 3 2 8 6 4 | N S E : N E L C AS T | I S I N : I N E 1 8 9 I 0 1 0 2 4 www.nelcast.com ©2026 – All Rights Reserved | www.nelcast.com 1
Slide 3: Q2 & H1FY27 Highlights
Q2 & H1FY27 Highlights Key Developments & Outlook 03 Profit & Loss Highlights 04 Story in Charts 05 ©2026 – All Rights Reserved | www.nelcast.com 2
Slide 4: Q2FY27 Key Highlights
Q2FY27 Key Highlights Total Revenue PAT Exports 35.2% YoY 240.7% YoY 78.3% YoY ₹409.6 crore ₹16.2 crore ₹140.9 crore Q2FY27 Q2FY27 Q2FY27 Foray into Machining: A dedicated machining programme Record quarterly performance in company’s history EBITDA/kg improved to ₹14.3 per kg ©2026 – All Rights Rese
Slide 5: Key Developments & Outlook
Key Developments & Outlook PARTICULARS CURRENT (Q2FY27) OUTLOOK (FY27) Q2 FY27 marked operational recovery and record total revenue of Expect tractor demand to slow down which is off set by strong ₹409.6 crore (+35.2% YoY). EBITDA rose to ₹36.4 crore (+70.4% commercial vehicle demand and healthy exp
Slide 6: Story in Charts
Story in Charts TOTAL REVENUE (₹ Cr) EBITDA (₹ Cr) PROFIT AFTER TAX (₹ Cr) 35.2% YoY 18.1% YoY 70.4% YoY 5.2% YoY 240.7% YoY 23.6% YoY 755.0 639.0 56.5 53.7 21.3 409.6 36.4 16.2 17.3 303.0 21.4 4.8 Q2FY26 Q2FY27 H1FY26 H1FY27 Q2FY26 Q2FY27 H1FY26 H1FY27 Q2FY26 Q2FY27 H1FY26 H1FY27 EBITDA/KG (INR) Ex
Slide 7: Profit & Loss Highlights
Profit & Loss Highlights Consolidated (In ₹ Cr) Q2FY27 Q2FY26 YoY% H1FY27 H1FY26 YoY% TOTAL REVENUE ₹409.6 CR Total Revenue 409.6 303.0 35.2% 755.0 639.0 18.1% Revenue grew 35.2% YoY, led by tractor demand and strong exports. EBITDA 36.4 21.4 70.4% 56.5 53.7 5.2% EBITDA/KG EBITDA Margin % 8.9% 7.0%
Slide 8: Way Forward
Way Forward Deliver on our Strategy 07 ©2026 – All Rights Reserved | www.nelcast.com 7
Slide 9: Growth Strategy
Growth Strategy 1. New Product Launches 2. Operational Efficiency 3. Profitability 4. Strong Balance Sheet Expanding into niche, high-margin Enhancing capacity utilization and ROE & ROCE expansion driven Capacity to support future expansion products with limited global competition operating leverage
Slide 10: Company Overview
Company Overview Company at a Glance 09 Key Products 10 Manufacturing Process & the Nelcast Advantage 11 Our Well-Equipped Plants 12 Our Journey 13 ©2026 – All Rights Reserved | www.nelcast.com 9
Slide 11: Company at a glance
Company at a glance Where do we stand today? Commercial Vehicles LARGEST TOP 10 PRODUCER PRODUCER Nelcast Limited is a leading producer of Ductile of Grey Iron Iron Castings Castings of Ductile & Grey Iron Castings in India with an installed capacity of 160,000 Metric Tons/Year. Passenger Tractors V
Slide 12: Key Products
Key Products Commercial Vehicles Tractors Off Highway Equipment Railways Passenger Vehicles Forward Differential Carrier Transmission Housing Trumpet Axle Housing Brake Disc Friction Ring Differential Carrier Rear Differential Carrier Rear Axle Housing Monolithic Axle Housing Bogie Suspension Bracke
Slide 13: Our Well-Equipped Plants
Our Well-Equipped Plants Gudur Ponneri Pedapariya I N S T AL L E D C AP AC I T Y I N S T AL L E D C AP AC I T Y I N S T AL L E D C AP AC I T Y 60,000 Metric Tons per Year 40,000 Metric Tons per Year 60,000 Metric Tons per Year MOULDING LINES MOULDING LINES MOULDING LINES ▪ Line 1: DISA Flex 70 with
Slide 14: Our Journey
Our Journey Commencement of Commencement of Commencement of Start of Production at the Nelcast Private Limited exports to the US exports to Europe exports to Thailand Pedapariya (AP) plant with Crossed the ₹400 was established by P. fourth High Pressure Crores mark in exports Radhakrishna Reddy with
Slide 15: Why Nelcast?
Why Nelcast? Diversified customer base with strong relationships 15 Strategic Location 16 Strong Business Foundation 17 Strong Export Growth Potential 18 Large Market Opportunity 19 Led by an Experienced Board 20 Focused on a Sustainable Future 21 ©2026 – All Rights Reserved | www.nelcast.com 14
Slide 16: Our Strengths
Our Strengths 1 2 3 Diversified Customer base with strong Strategic Strategic Business relationships Location Foundation 4 5 6 Strong Export Large Market Led by an Growth Potential Opportunity Experienced Board ©2026 – All Rights Reserved | www.nelcast.com 15
Slide 17: Diversified Customer Base with Strong Relationships
1 Diversified Customer Base with Strong Relationships ▪ Customers in Commercial Vehicle, Top OEM Customers Awards Tractor, Off-Highway Equipment, Railways and Passenger Vehicles ▪ Has a distinguished customer base of more than 40 customers that includes OEMs and Tier 1 companies ▪ A one-stop shop fo
Slide 18: Strategic Location
2 Strategic Location ▪ Plants are in close proximity (37-140 KM) to Chennai, a major manufacturing hub for automotive companies forms both a key customer base for Nelcast and a reliable source of steel scrap, a crucial raw material P L AN T I ▪ All 3 plants are within 15-110KM of Gudur India’s large
Slide 19: Strong Business Foundation
3 Strong Business Foundation Cash & Cash equivalents (in ₹ Cr) ▪ Received an investment grade rating for short term (A1) and long term (A) fund from ICRA on 104.8 the back of adequate liquidity, strong relationship with major OEMs and a diversified clientele 84.9 84.8 78.2 ▪ Installed Capacity has b
Slide 20: Strong Export Growth Potential
4 Strong Export Growth Potential ▪ India is being viewed as a key cog in the global automotive supply chain and sourcing machined castings from India is now becoming an attractive option for global customers. ▪ Nelcast is among only a few companies in the industry capable of meeting the requirements
Slide 21: Large Market Opportunity
5 Large Market Opportunity Indian Tractor Industry Indian M&HCV Industry Tractor Industry sales grew by 23.5% YoY in FY26; India’s tractor The Indian medium and heavy commercial vehicle (M&HCV) industry industry recorded highest-ever annual sales in FY26, with total volume is entering a period of mo
Slide 22: Led by an Experienced Board
6 Led by an Experienced Board Vinod K Dasari P. Deepak P. Divya R. Sridharan A. Balasubramanian Maheswari Mohan Chairman Managing Director Director Director Director Director ▪ MBA from Kellogg and a ▪ MBA from Kellogg ▪ MS in Network ▪ Graduate from Madras ▪ Bachelors degree in ▪ Post Graduate in M
Slide 23: Focused on a Sustainable Future
Focused on a Sustainable Future ▪ Renewable energy: About 65% of the power requirement ▪ Blood donation camps is met through renewable sources ▪ Providing medical support to ▪ Plantation of trees hospitals ▪ Core sand reclamation Protecting the Giving back to ▪ Supporting schools Environment the Com
Slide 24: Annual Financials
Annual Financials Profit & Loss Highlights 24 Balance Sheet Highlights 25 ©2026 – All Rights Reserved | www.nelcast.com 23
Slide 25: Profit & Loss Highlights
Profit & Loss Highlights Consolidated (in INR Cr.) FY22 FY23 FY24 FY25 FY26 H1FY27 Revenue from Operations 927.3 1,264.0 1,266.9 1,251.7 1,328.4 406.0 Total Income 936.7 1,280.1 1,281.2 1,268.8 1,342.4 409.6 Total Expenses 917.7 1,184.6 1,174.7 1,163.2 1,217.9 698.5 EBITDA 67.5 95.5 106.5 105.6 124.
Slide 26: Balance Sheet Highlights
Balance Sheet Highlights Consolidated (in INR Cr.) Mar’22 Mar’23 Mar’24 Mar’25 Mar’26 Sep’26 Total non-current assets 484.0 488.1 524.6 539.8 530.7 531.3 Inventories 158.7 158.2 189.7 180.2 190.9 184.4 Trade receivables 240.4 255.9 300.9 339.9 356.1 346.2 Cash & cash equivalents 61.4 104.8 84.9 78.2
Slide 27: Thank You
Thank You For further details please contact: S.K. Sivakumar Abhishek Bhatt / Vikash Verma / Shrishti Tandon Corporate Office 159, TTK Road, Alwarpet, Chennai - 600 018 Nelcast Limited Ernst & Young LLP www.nelcast.com : +91 44 2498 4111 : +91-8080796083 : [email protected] : [email protected]