WEBSITE BSE:504112 NSE: NELCO LTD. Inc. Year: 1940 Industry: IT - Hardware My Bucket: Add Stock
Last updated: 15:58
Nelco Ltd is an India-based organisation. The Company is engaged in the enterprise of presenting systems and solutions within the areas of very small aperture terminal (VSAT) connectivity and included protection & surveillance. The Company operates in a single reportable phase, that is network systems consisting of SatCom Services (such as equipment sale, maintenance, and other allied offerings). Its Network structures accommodates sale of VSAT hardware and imparting allied offerings which includes community management, project control, infrast...Read More
Nelco Ltd is an India-based organisation. The Company is engaged in the enterprise of presenting systems and solutions within the areas of very small aperture terminal (VSAT) connectivity and included protection & surveillance. The Company operates in a single reportable phase, that is network systems consisting of SatCom Services (such as equipment sale, maintenance, and other allied offerings). Its Network structures accommodates sale of VSAT hardware and imparting allied offerings which includes community management, project control, infrastructure offerings, turnkey solutions for satellite communication systems, and co-location services to clients. The Company offers solutions to sectors, consisting of bank, oil & gas exploration, authorities, education, renewable power, IFMC Services, and other sectors. The Company has totally owned subsidiaries include Tatanet Services Ltd. (TNSL) & Nelco Network Products Ltd. (NNPL). The Company is a subsidiary of The Tata Power Company Ltd. ...Read Less
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Market Cap ₹1522 Cr.
Stock P/E 159.7
P/B 11.8
Current Price ₹666.8
Book Value ₹ 56.5
Face Value 10
52W High ₹1161.5
Dividend Yield 0.15%
52W Low ₹ 502.4
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 83 | 82 | 74 | 83 | 81 | 68 | 75 | 74 | 78 | 79 |
| Other Income | 1 | 1 | 0 | 1 | 2 | 3 | 1 | 1 | 1 | 2 |
| Total Income | 84 | 82 | 74 | 83 | 82 | 70 | 75 | 76 | 79 | 81 |
| Total Expenditure | 67 | 67 | 62 | 72 | 69 | 61 | 67 | 67 | 70 | 74 |
| Operating Profit | 17 | 15 | 12 | 12 | 14 | 9 | 8 | 9 | 8 | 7 |
| Interest | 2 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 1 | 1 |
| Depreciation | 6 | 6 | 5 | 5 | 5 | 6 | 5 | 5 | 5 | 5 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4 | 0 |
| Profit Before Tax | 9 | 8 | 6 | 5 | 7 | 1 | 2 | 2 | -2 | 2 |
| Provision for Tax | 4 | 2 | 2 | 1 | 2 | 5 | 1 | 1 | -1 | 1 |
| Profit After Tax | 6 | 6 | 5 | 4 | 5 | -4 | 2 | 2 | -1 | 1 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | -0 |
| Profit After Adjustments | 6 | 6 | 5 | 4 | 5 | -4 | 2 | 2 | -1 | 1 |
| Adjusted Earnings Per Share | 2.7 | 2.7 | 2 | 1.8 | 2.2 | -1.8 | 0.8 | 0.7 | -0.5 | 0.5 |
| #(Fig in Cr.) | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 123 | 200 | 144 | 150 | 191 | 220 | 226 | 260 | 313 | 320 | 305 | 306 |
| Other Income | 4 | 6 | 6 | 6 | 5 | 3 | 3 | 5 | 3 | 2 | 5 | 5 |
| Total Income | 127 | 206 | 150 | 155 | 196 | 223 | 229 | 265 | 316 | 323 | 310 | 311 |
| Total Expenditure | 115 | 181 | 127 | 125 | 156 | 171 | 181 | 210 | 252 | 260 | 262 | 278 |
| Operating Profit | 13 | 24 | 23 | 30 | 40 | 52 | 48 | 55 | 64 | 62 | 48 | 32 |
| Interest | 7 | 13 | 9 | 6 | 7 | 13 | 10 | 8 | 9 | 7 | 6 | 5 |
| Depreciation | 9 | 11 | 8 | 9 | 13 | 20 | 22 | 25 | 28 | 22 | 22 | 20 |
| Exceptional Income / Expenses | 12 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | -4 |
| Profit Before Tax | 10 | 1 | 7 | 15 | 20 | 20 | 16 | 23 | 28 | 34 | 20 | 4 |
| Provision for Tax | 1 | 0 | 1 | 3 | -2 | 6 | 4 | 7 | 8 | 10 | 10 | 2 |
| Profit After Tax | 9 | 1 | 6 | 12 | 22 | 14 | 12 | 16 | 20 | 24 | 10 | 4 |
| Adjustments | -7 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 2 | 2 | 6 | 12 | 22 | 14 | 12 | 16 | 20 | 24 | 10 | 4 |
| Adjusted Earnings Per Share | 0.8 | 1 | 2.8 | 5.3 | 9.8 | 6.3 | 5.4 | 7 | 8.7 | 10.4 | 4.2 | 1.5 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -5% | 5% | 7% | 10% |
| Operating Profit CAGR | -23% | -4% | -2% | 14% |
| PAT CAGR | -58% | -15% | -7% | 1% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -24% | 7% | 29% | 21% |
| ROE Average | 8% | 16% | 17% | 27% |
| ROCE Average | 16% | 23% | 21% | 21% |
| #(Fig in Cr.) | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 17 | 16 | 22 | 34 | 56 | 66 | 76 | 89 | 105 | 124 | 128 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 3 | 0 | 2 | 8 | 34 | 29 | 15 | 19 | 19 | 0 | 0 |
| Other Non-Current Liabilities | 25 | 4 | 17 | 14 | 12 | 13 | 33 | 29 | 25 | 18 | -1 |
| Total Current Liabilities | 120 | 135 | 103 | 116 | 142 | 175 | 123 | 133 | 119 | 139 | 153 |
| Total Liabilities | 165 | 155 | 143 | 171 | 244 | 283 | 247 | 270 | 267 | 281 | 279 |
| Fixed Assets | 35 | 28 | 36 | 51 | 87 | 117 | 108 | 110 | 95 | 87 | 78 |
| Other Non-Current Assets | 49 | 42 | 47 | 45 | 56 | 49 | 48 | 36 | 29 | 42 | 34 |
| Total Current Assets | 81 | 86 | 61 | 76 | 96 | 117 | 91 | 124 | 143 | 152 | 167 |
| Total Assets | 165 | 155 | 143 | 171 | 244 | 283 | 247 | 270 | 267 | 281 | 279 |
| #(Fig in Cr.) | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 4 | 5 | 2 | -2 | 3 | 5 | 3 | 2 | 16 | 16 | 22 |
| Cash Flow from Operating Activities | 33 | 3 | 38 | 32 | 21 | 33 | 54 | 51 | 58 | 45 | 20 |
| Cash Flow from Investing Activities | -7 | -8 | -3 | -14 | -45 | -40 | -8 | -18 | -25 | -19 | -17 |
| Cash Flow from Financing Activities | -24 | 5 | -40 | -12 | 25 | 4 | -47 | -19 | -33 | -20 | -11 |
| Net Cash Inflow / Outflow | 1 | 0 | -5 | 6 | 2 | -2 | -1 | 14 | 1 | 6 | -8 |
| Closing Cash & Cash Equivalent | 5 | 5 | -2 | 3 | 5 | 3 | 2 | 16 | 16 | 22 | 14 |
| # | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 0.85 | 0.97 | 2.75 | 5.31 | 9.77 | 6.3 | 5.42 | 7.05 | 8.7 | 10.37 | 4.18 |
| CEPS(Rs) | 7.81 | 5.16 | 6.27 | 9.47 | 15.45 | 15.07 | 15.19 | 17.84 | 20.87 | 20.07 | 13.89 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 1.5 | 1.2 | 1.2 | 1.8 | 2 | 2.2 | 1 |
| Book NAV/Share(Rs) | 7.41 | 6.95 | 9.58 | 14.8 | 24.47 | 28.87 | 33.31 | 39.02 | 45.82 | 54.15 | 56.05 |
| Core EBITDA Margin(%) | 6.97 | 9.39 | 11.79 | 16.22 | 18.47 | 22.31 | 19.74 | 19.28 | 19.61 | 18.73 | 13.97 |
| EBIT Margin(%) | 13.35 | 6.88 | 10.74 | 14.14 | 14.34 | 15.18 | 11.24 | 11.8 | 11.65 | 12.73 | 8.46 |
| Pre Tax Margin(%) | 7.84 | 0.33 | 4.82 | 10.17 | 10.48 | 9.21 | 7.02 | 8.9 | 8.88 | 10.46 | 6.45 |
| PAT Margin (%) | 7.42 | 0.33 | 4.37 | 8.09 | 11.67 | 6.54 | 5.47 | 6.18 | 6.34 | 7.39 | 3.13 |
| Cash Profit Margin (%) | 14.37 | 5.89 | 9.95 | 14.44 | 18.45 | 15.64 | 15.33 | 15.66 | 15.2 | 14.3 | 10.39 |
| ROA(%) | 5.28 | 0.41 | 4.21 | 8.04 | 10.73 | 5.46 | 4.66 | 6.22 | 7.39 | 8.63 | 3.4 |
| ROE(%) | 56.09 | 4.03 | 33.3 | 43.53 | 49.75 | 23.63 | 17.42 | 19.48 | 20.51 | 20.75 | 7.58 |
| ROCE(%) | 18.37 | 14.93 | 17.22 | 26.08 | 24.69 | 21.09 | 15.82 | 21.43 | 25.52 | 27.24 | 15.99 |
| Receivable days | 139.35 | 74.62 | 97.51 | 107.81 | 109.59 | 108.07 | 107.76 | 99.03 | 93.54 | 95.61 | 114.69 |
| Inventory Days | 51.2 | 21.13 | 21.61 | 21.81 | 16.01 | 15.28 | 17.68 | 19.09 | 21.6 | 26.86 | 33.86 |
| Payable days | 378.56 | 287.56 | 392.39 | 556.11 | 370.05 | 434.4 | 473.15 | 361.24 | 354.74 | 415.06 | 553.65 |
| PER(x) | 103.58 | 92.21 | 28.62 | 29.2 | 27.97 | 21.34 | 34.82 | 101.43 | 59.5 | 66.82 | 215.4 |
| Price/Book(x) | 11.83 | 12.86 | 8.22 | 10.47 | 11.17 | 4.66 | 5.66 | 18.32 | 11.3 | 12.8 | 16.05 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0.55 | 0.89 | 0.64 | 0.25 | 0.39 | 0.32 | 0.11 |
| EV/Net Sales(x) | 2.12 | 1.42 | 1.62 | 2.67 | 3.67 | 1.85 | 2.16 | 6.42 | 3.84 | 4.97 | 6.81 |
| EV/Core EBITDA(x) | 20.51 | 11.61 | 10.09 | 13.28 | 17.39 | 7.77 | 10.22 | 30.18 | 18.71 | 25.51 | 43.46 |
| Net Sales Growth(%) | -8.51 | 48.87 | -28.14 | 4.13 | 27.67 | 15.14 | 2.81 | 15.01 | 20.48 | 2.22 | -4.82 |
| EBIT Growth(%) | 327.66 | 17.78 | 12.22 | 37.07 | 29.55 | 21.86 | -23.9 | 20.74 | 18.97 | 11.67 | -36.7 |
| PAT Growth(%) | 154.21 | -60.15 | 851.52 | 92.83 | 84.06 | -35.49 | -14.05 | 30.1 | 23.45 | 19.24 | -59.74 |
| EPS Growth(%) | 111.61 | 14.51 | 184.18 | 92.83 | 84.06 | -35.49 | -14.05 | 30.1 | 23.44 | 19.24 | -59.74 |
| Debt/Equity(x) | 3.93 | 5.36 | 2.59 | 1.48 | 1.47 | 1.71 | 0.88 | 0.61 | 0.36 | 0.27 | 0.3 |
| Current Ratio(x) | 0.67 | 0.64 | 0.59 | 0.65 | 0.67 | 0.67 | 0.74 | 0.93 | 1.2 | 1.09 | 1.1 |
| Quick Ratio(x) | 0.55 | 0.58 | 0.5 | 0.58 | 0.62 | 0.61 | 0.64 | 0.81 | 1.02 | 0.9 | 0.89 |
| Interest Cover(x) | 2.42 | 1.05 | 1.82 | 3.57 | 3.71 | 2.54 | 2.67 | 4.07 | 4.21 | 5.62 | 4.2 |
| Total Debt/Mcap(x) | 0.33 | 0.42 | 0.31 | 0.14 | 0.13 | 0.37 | 0.16 | 0.03 | 0.03 | 0.02 | 0.02 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 50.09 | 50.09 | 50.09 | 50.09 | 50.09 | 50.09 | 50.09 | 50.09 | 50.09 | 50.09 |
| FII | 4.49 | 4.53 | 4.79 | 4.63 | 5.4 | 4.82 | 4.63 | 4.55 | 4.61 | 4.72 |
| DII | 0.34 | 0.31 | 0.31 | 0.31 | 0.37 | 0.37 | 0.38 | 0.42 | 0.41 | 0.51 |
| Public | 45.08 | 45.08 | 44.82 | 44.98 | 44.14 | 44.72 | 44.91 | 44.94 | 44.89 | 44.68 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 1.14 | 1.14 | 1.14 | 1.14 | 1.14 | 1.14 | 1.14 | 1.14 | 1.14 | 1.14 |
| FII | 0.1 | 0.1 | 0.11 | 0.11 | 0.12 | 0.11 | 0.11 | 0.1 | 0.11 | 0.11 |
| DII | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Public | 1.03 | 1.03 | 1.02 | 1.03 | 1.01 | 1.02 | 1.02 | 1.03 | 1.02 | 1.02 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 |
* The pros and cons are machine generated.
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