Promoter holding
64.27%
NL
Nelcast Limited - Due diligence report
A 360° intelligence report on Nelcast: trust score, financial health, credit view, compliance, directors, growth and distress signals - gene…
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Nelcast — 360° Intelligence Report
Generated from MCA filings & public records73/100
Trust Score
Moderate
Nelcast is assessed as Moderate with a Trust Score of 73/100. Nelcast is an active public limited indian non-government company incorporated in 1982, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.
Report generated on 08 Jul 2026 from the latest processed filings. Nelcast Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
73/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
48/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
70/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 70/100 Moderate
- Open charges exceed net worth - secured lenders rank ahead.
- Moderate gearing (D/E 38%).
- Profitable - internal accruals available.
- Externally credit-rated (A1).
Charges position: 7 open (571.31 cr) · 48 satisfied (368.63 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| State Bank Of India | 12 | 48.0 cr |
| Standard Chartered Bank | 4 | 48.0 cr |
| Industrial Development Bank Of India | 5 | 48.0 cr |
| The Hongkong And Shanghai Banking Corporation Limited | 2 | 48.0 cr |
| Barclays Bank Plc | 1 | 48.0 cr |
| Kotak Mahindra Bank Ltd | 1 | 48.0 cr |
Compliance Score: 48/100 Caution Indicated
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Flagged by authority: CBEC, BSE.
- Litigation present in 2 court forum(s).
- Delayed payments to MSME suppliers disclosed (68 disclosure(s)).
- 2 active GST registration(s).
Legal cases on record (2)
05
Director Intelligence
Stability score: 90/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| VINOD KUMAR DASARI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RANGANATHAN SRIDHARAN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DIVYA PONNAVOLU | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SESHA REDDY DODLA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SRIKALATHI SIVAKUMAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DEEPAK PONNAVOLU | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SRIKALATHI SIVAKUMAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| BALASUBRAMANIAN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SUNDER MAHESWARI MOHAN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 9 directors on the board.
- No disqualified or deactivated DINs.
- 2 director exit(s) in the last 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2025 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
1
Group entities
1
Capital events
0 allotment(s) · 1 transfer(s)
Promoters hold a minority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Nc Energy Limited | Subsidiary Company | 74.00% |
Key managerial personnel: DEEPAK PONNAVOLU (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 75 · Distress 75
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
EPFO headcount growing - hiring signal.
Operating for 44+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Compliance score is weak (48/100).
7 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 2.35 cr.
2 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence64/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment66/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 7 open charge(s) of 571.31 cr already registered.
- Compliance gaps should be priced into terms.
Investor view74/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 2 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events01 Aug 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
05 Aug 2024
Director ceased
SESHA REDDY DODLA
24 Jul 2024
Director ceased
VINOD KUMAR DASARI
13 May 2024
Director appointed
VINOD KUMAR DASARI (Director)
09 Jun 2023
Charge created
The Hongkong And Shanghai Banking Corporation Limited - 6.15 cr
03 Aug 2022
Director ceased
RANGANATHAN SRIDHARAN
23 May 2022
Director appointed
RANGANATHAN SRIDHARAN (Director)
20 May 2022
Director ceased
MOHAN REDDY RAKASI
29 Dec 2021
Charge created
State Bank Of India - 19.06 cr
09 Aug 2021
Director ceased
SUNDER MAHESWARI MOHAN
21 Jun 2021
Charge created
Standard Chartered Bank - 42.10 cr
29 Apr 2021
Charge created
Standard Chartered Bank - 12.00 cr
Charge satisfied
Standard Chartered Bank
30 Nov 2020
Director appointed
SUNDER MAHESWARI MOHAN (Director)
10
Key Observations
Auto-generated from the data aboveRevenue grew 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - manageable leverage.
Net worth is positive.
9 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of A1 from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
| Company | CIN | Location |
|---|---|---|
| Gpt Infraprojects | L20103WB1980PLC032872 | Kolkata, West Bengal, India |
| Prem Cables Pvt Ltd | U31300RJ1964PTC106553 | Raipur Mwr, Rajasthan, India |
| Paragon Industries Limited | U65910UP1995PLC018072 | Meerut, Uttar Pradesh, India |
| Pushpit Steels Private Limited | U27101TN1997PTC138203 | Broadway, Tamil Nadu, India |
| Skh Metals | U74130HR1986PLC023655 | Haryana, Haryana, India |
| Hariom Pipe Industries | L27100TG2007PLC054564 | Rajendranagar, Telangana, India |
| Esab India | L29299TN1987PLC058738 | Chennai, Tamil Nadu, India |
| Mono Steel (India) Limited | U27106MH1992PLC065934 | Mumbai, Maharashtra, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Nelcast before audits and certifications: compliance score 48/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Nelcast: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 70/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Nelcast - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 73/100, distress signals and MSME payment-delay disclosures - know whether Nelcast pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Nelcast - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Nelcast an active company?
Nelcast has MCA status “Active” with a compliance score of 48/100 (Caution Indicated).
Is Nelcast financially healthy?
Nelcast has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.
Should I do business with Nelcast?
Its overall Trust Score is 73/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Nelcast?
Promoters hold a minority stake - exact percentages are in the full report. 9 active director(s) are on record.
Does Nelcast have loans or charges against its assets?
7 open charge(s) are registered against its assets, and 48 earlier charge(s) stand satisfied.
Is Nelcast up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 48/100 (Caution Indicated).
Is it risky to lend to Nelcast?
Its Credit Risk Score is 70/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
