Investor Presentation

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 Code: 532864 NSE Script Code: NELCAST Dear Sir/Madam, Sub: Investor Presentation Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Investor Presentation. The copy of the disclosure is available on the website of the Company at http://www.nelcast.com. We request you to take this information on record. Thanking you. For Nelcast Limited (S.K. Sivakumar) Company Secretary Investor Presentation Q2 & H1FY27 | November 2026 BSE:532864 | NSE:NELCAST | ISIN: INE189I01024 www.nelcast.com ©2026 – All Rights Reserved | www.nelcast.com 1 Q2 & H1FY27 Highlights Key Developments & Outlook 03 Profit & Loss Highlights 04 Story in Charts 05 ©2026 – All Rights Reserved | www.nelcast.com 2 Q2FY27 Key Highlights Total Revenue PAT Exports 35.2% YoY 240.7% YoY 78.3% YoY ₹140.9 crore ₹409.6 crore ₹16.2 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 Reserved | www.nelcast.com 3 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 exports, alongside a Overall Performance YoY) and PAT to ₹16.2 crore (+240.7% YoY), following normalization progressive contribution from new products will support the growth for of operations after Q1 challenges. H2FY27. Healthy tractor demand supported Q2 performance. Tractors Expect tractor demand to moderate in H2FY27, with full-year industry Tractors contributed 26.6% of revenue in H1FY27. growth broadly flat amid macro headwinds. Medium & Heavy M&HCV demand showed encouraging momentum. The segment Strong M&HCV demand ahead and expect commercial vehicle growth Commercial Vehicles contributed 35.4% of revenue in H1FY27. to more than offset weaker tractor demand in H2FY27. (M&HCV) Q2 export revenue reached ₹140.9 crore (+78.3% YoY). Customer Export volumes to remain strong in H2FY27. New export products Exports indications point to continued strong volumes. Exports during H1FY27 should contribute modestly in Q3 and more in Q4. reached ₹254.1 crore a growth of 30.7% YoY. New products should contribute progressively, with a larger impact in New Products & Few new products entered initial production ramp-up in Q2. Nelcast to Q4. The machining programme is expected to begin by early next year Machining foray into machining for an awarded customer programme. and expands value-added capabilities. EBITDA/kg improved to ₹14.3/kg in Q2FY27 from ₹10.3/kg in EBITDA/kg in line with Q2 levels. Raw material and freight volatility, EBITDA/kg Q2FY26. H1FY27 EBITDA/kg stood at ₹12.1/kg. recovery lags and initial new-product costs could improve profitability. ©2026 – All Rights Reserved | www.nelcast.com 4 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 53.7 56.5 21.3 409.6 36.4 16.2 17.3 303.0 21.4 Q2FY26 Q2FY27 H1FY26 H1FY27 Q2FY26 Q2FY27 H1FY26 H1FY27 Q2FY26 Q2FY27 H1FY26 H1FY27 EBITDA/KG (INR) Exports (INR Cr.) SECTOR-WISE REVENUE (%) 2% 2% 1% 0.4 3% 0.7 78.3% YoY 30.7% YoY % % 254.1 31% 36% 35% 194.4 14.3 12.6 12.1 140.9 10.3 79.0 27% 27% Q2FY26 Q2FY27 H1FY26 H1FY27 H1FY26 H1FY27 Q2FY26 Q2FY27 H1FY26 H1FY27 ©2026 – All Rights Reserved | www.nelcast.com 5 Profit & Loss Highlights TOTAL REVENUE Consolidated (In ₹ Cr) Q2FY27 Q2FY26 YoY% H1FY27 H1FY26 YoY% ₹409.6 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 ₹14.3 EBITDA Margin % 8.9% 7.0% 184 bps 7.5% 8.4% (92 bps) EBITDA/kg improved to ₹14.3 from ₹10.3 in Q2FY26 as operations normalised. EBITDA / kg 14.3 10.3 39.3% 12.1 12.6 (3.4%) EXPORTS PAT 16.2 4.8 240.7% 21.3 17.3 23.6% ₹140.9 Exports grew 78.3% YoY on strong volumes. PAT Margin % 4.0% 1.6% 239 bps 2.8% 2.7% 13 bps Customer demand and the export outlook remain healthy. ©2026 – All Rights Reserved | www.nelcast.com 6 Way Forward Deliver on our Strategy 07 ©2026 – All Rights Reserved | www.nelcast.com 7 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 by operating leverage Developing 500 kgs front and New product ramp-up expected Higher utilization and favorable Healthy debt-to-equity ratio of rear axles for high-HP tractors to drive utilization beyond 40% product mix expected to 0.4x, provide headroom for and electrical power steering in pedapariya plant increase EBITDA/Kg future growth components New products targeting U.S. Expected to deliver better Combined with better asset Strong cash generation tractor and construction margins than the existing product utilization, ROCE is expected to supporting strategic investments equipment markets mix as production scales up improve and business expansion Driving Growth through High-value, Differentiated Products, Operational Excellence and Financial Discipline ©2026 – All Rights Reserved | www.nelcast.com 8 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 Company at a glance Where do we stand today? Commercial Vehicles LARGEST TOP 10 PRODUCER PRODUCER of Ductile of Grey Iron Nelcast Limited is a leading producer Iron Castings Castings of Ductile & Grey Iron Castings in India with an installed capacity of 160,000 Metric Tons/Year. Passenger Tractors Vehicles ONLY STRONG The Company caters to a marquee clientele of Original Equipment Segments CASTING CUSTOMER BASE MANUFACTURER Manufacturers (OEMs) and Tier-1 with supplies customers in Commercial Vehicle, with a product range to 40+ customers Tractor, Off-Highway Equipment, from 0.5-400Kg across segments Railway & Passenger Vehicle segments. Off Highway IATF & ISO Besides a strong position in the Railways Equipment STATE OF ART CERTIFIED domestic market, Nelcast has a MANUFACTURING FACILITIES for Quality, rapidly growing presence spread for High Environment, Pressure Green across North America, Europe and Health & Safety Sand Moulding Southeast Asia. Systems ©2026 – All Rights Reserved | www.nelcast.com 10 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 Bracket 4WD Axle Housing Forklift Steer Axle Metro Rail Baseplates Differential Case ©2026 – All Rights Reserved | www.nelcast.com 11 Our Well-Equipped Plants Gudur Ponneri Pedapariya INSTALLED CAPACITY INSTALLED CAPACITY INSTALLED CAPACITY 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 Double Squeeze ▪ Line 1: KW DFM with AirPressplus2000 ▪ Line 1: Sinto FCMX with Aeration Squeeze ▪ 800 X 700 X 300 + 300 mm (2013) ▪ 1200 X 900 X 400 + 400 mm (2001) ▪ 700 X 600 X 250 + 250 mm (2018) ▪ Line 2: DISA Flex 90 with Double Blow ▪ ABP PressPour System delivers the met [Showing first 8,000 characters — download PDF for full document]