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NELCO

NELCO NSE
₹706.90 No trade today
P/E
415.82
View as Markdown
MCP
Close 4 Nov 2026 ₹706.90 −135.60 −16.1% 1Y
Start ₹842.50

Key Fundamentals

MicrocapIT - HardwareInformation Technology

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
7.21%
Debt to Equity
0.57
EPS (TTM)
₹1.70
Book Value
₹57.46
Market Cap
—
P/E (TTM)
415.82
P/B
12.30
ROE
0.46%
Dividend Yield
0.15%
EBITDA
₹32.90 Cr
52W High
₹1,120.00
52W Low
₹500.10
Volume
0

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

31 Poor

Data confidence 100/100

Category scores

Quality
45
Average
Returns, margins, earnings quality 22% weight
Valuation
18
Poor
Cheap vs sector & own history 24% weight
Growth
19
Poor
Sales & profit trajectory 9% weight
Financial Health
20
Poor
Solvency, leverage, coverage 9% weight
Momentum
45
Average
Trend strength, vol-adjusted 12% weight
Ownership
30
Poor
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

1
  • Company has been maintaining a healthy dividend payout of 38.0%

Weaknesses

3
  • Stock is trading at 15.7 times its book value
  • The company has delivered a poor sales growth of 6.28% over past five years.
  • Company has a low return on equity of 9.18% over last 3 years.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1243
OscillatorsBearish342
Moving AveragesStrong Bearish901

Key readings

RSI (14)
31.99
Neutral
MACD (12,26,9)
−59.21
Bearish
SMA (50)
875.41
Bearish
SMA (200)
772.18
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10YIrregular period
5Y+6.32%
3Y−0.64%
1Y+0.66%
TTM+2.05%

Net profit

Net profit growth by window
10YIrregular period
5Y−24.21%
3Y−46.87%
1Y−70.00%
TTM−42.98%

Operating cash flow

Operating cash flow growth by window
10YIrregular period
5Y−22.60%
3Y−36.29%
1Y−25.00%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10YIrregular period
5Y−10.46 pp
3Y−10.36 pp
1Y−4.65 pp
TTM−2.84 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹144 Cr
Mar 2018₹150 Cr
Mar 2019₹191 Cr
Mar 2020₹220 Cr
Mar 2021₹226 Cr
Mar 2022₹260 Cr
Mar 2023₹313 Cr
Mar 2024₹320 Cr
Mar 2025₹305 Cr
Mar 2026₹307 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹6.00 Cr
Mar 2018₹12.00 Cr
Mar 2019₹22.00 Cr
Mar 2020₹14.00 Cr
Mar 2021₹12.00 Cr
Mar 2022₹16.00 Cr
Mar 2023₹20.00 Cr
Mar 2024₹24.00 Cr
Mar 2025₹10.00 Cr
Mar 2026₹3.00 Cr

Quarterly Results

₹ Cr
NELCO quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
78.8
76.65
83.24
81.61
74.08
82.55
80.72
67.52
74.79
74.33
78.3
79.18
80.03
78.14
Expenses
64.36
62.74
66.92
66.89
61.76
71.71
68.54
61.08
67.05
66.86
70.48
73.71
71.71
69.02
Operating Profit
14.44
13.91
16.32
14.72
12.32
10.84
12.18
6.44
7.74
7.47
7.82
5.47
8.32
9.12
OPM %
18.32%
18.15%
19.61%
18.04%
16.63%
13.13%
15.09%
9.54%
10.35%
10.05%
9.99%
6.91%
10.4%
11.67%
Other Income
0.38
0.44
1.13
0.88
0.16
1.19
1.57
2.64
0.76
1.31
−3.09
1.93
1.2
2.45
Interest
1.54
1.68
1.91
1.44
1.08
1.41
1.51
1.52
1.18
1.52
1.44
0.73
1.27
3.44
Depreciation
5.22
5.12
5.85
5.95
5.29
5.18
5.26
6.43
4.92
5.09
5.02
4.92
5.12
5.8
PBT
8.06
7.55
9.69
8.21
6.11
5.44
6.98
1.13
2.4
2.17
−1.73
1.75
3.13
2.33
Tax %
28.91%
24.64%
36.53%
25.7%
25.37%
24.63%
29.08%
461.06%
25%
25.35%
−31.21%
37.71%
25.24%
25.75%
Net Profit
5.73
5.69
6.15
6.1
4.56
4.1
4.95
−4.08
1.8
1.62
−1.19
1.09
2.34
1.73
EPS (₹)
2.51
2.49
2.7
2.67
2
1.8
2.17
−1.79
0.79
0.71
−0.52
0.48
1.03
—

Sep 2026: from the results filed on 19 Oct 2026, ahead of the full statement, so some rows are blank.

Profit & Loss

₹ Cr
NELCO profit and loss, annual, ₹ crore
Particulars Sep 2014Mar 2016 18mMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
123
200
144
150
191
220
226
260
313
320
305
307
312
Expenses
124
178
125
124
155
170
181
209
252
260
262
278
283
Operating Profit
−1
22
18
25
36
50
45
51
62
60
43
29
29
OPM %
−0.9%
11%
13%
17%
19%
23%
20%
19%
20%
19%
14%
9%
9%
Other Income
19
5
5
6
4
4
3
5
3
3
5
1
1
Interest
7
13
8
6
7
13
10
8
9
7
6
5
5
Depreciation
9
11
8
9
13
20
22
25
28
22
22
20
20
PBT
2
2
7
15
20
20
16
23
28
34
20
5
5
Tax %
24%
0%
9%
20%
−11%
29%
22%
31%
29%
29%
52%
28%
—
Net Profit
2
2
6
12
22
14
12
16
20
24
10
3
4
EPS (₹)
0.85
0.97
2.75
5.31
9.77
6.3
5.42
7.05
8.7
10.37
4.18
1.45
1.7
Div. Payout %
0%
0%
0%
0%
15%
19%
22%
26%
23%
21%
24%
69%
—

Balance Sheet

₹ Cr
NELCO balance sheet, annual, ₹ crore
Particulars Sep 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
23
23
23
23
23
23
23
23
23
23
23
23
Reserves
−6
−7
−1
11
33
43
53
66
82
101
105
106
Borrowings
66
85
57
50
82
121
90
81
63
57
53
73
Other Liabilities
63
55
52
78
99
93
72
93
95
102
107
146
Total Liabilities
146
156
131
162
237
280
238
263
262
282
287
347
Fixed Assets
35
28
36
51
87
117
108
110
95
87
78
77
CWIP
3
6
3
5
17
3
4
3
1
10
9
41
Investments
8
9
5
6
0
0
0
0
0
4
4
4
Other Assets
99
113
87
101
134
160
126
150
165
181
197
225
Total Assets
146
156
131
162
237
280
238
263
262
282
287
347

Cash Flow

₹ Cr
NELCO cash flow, annual, ₹ crore
Particulars Sep 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
33
3
38
32
21
33
54
51
58
45
20
15
Investing
−7
−8
−3
−14
−45
−40
−8
−18
−25
−19
−17
−21
Financing
−24
5
−40
−12
25
4
−47
−19
−33
−20
−11
11
Net Cash Flow
1
0
−5
6
2
−2
−1
14
1
6
−8
6
Free Cash Flow
25
−7
22
15
−25
−15
45
33
33
29
3
−6
CFO/OP
−3,159
54
179
137
70
86
98
101
103
104
81
80

Ratios

NELCO financial ratios, annual
Particulars Sep 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
114
79
85
134
115
117
102
109
96
97
128
123
Inventory Days
145
69
130
176
85
123
148
129
153
268
415
360
Days Payable
341
268
340
644
391
443
455
437
324
364
632
411
Cash Conversion Cycle
−81
−120
−125
−334
−191
−203
−205
−198
−75
0
−90
72
Working Capital Days
−131
−94
−116
−109
−89
−119
22
−36
9
−12
0
−54
ROCE %
5%
15%
17%
26%
25%
20%
14%
18%
22%
23%
14%
7%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view NELCO insights

65 extracted metrics across FY10–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 50.09%
  • Public 34.76%
  • Others 10.02%
  • FIIs 4.83%
  • Government 0.25%
  • DIIs 0.05%

No promoter shares pledged as of Sep 2026

Change since Jun 2026

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

Frequently Asked Questions about NELCO

What does NELCO Ltd do?
Incorporated in 1940, Nelco Ltd provides domestic satellite communication services to close user group networks
Where is NELCO Ltd (NELCO) listed?
NELCO Ltd trades as NELCO on the NSE and under code 504112 on the BSE.
Which sector does NELCO Ltd belong to?
NELCO Ltd is classified under the Information Technology sector, in the IT - Hardware industry.
What is the PE ratio of NELCO Ltd?
NELCO Ltd trades at a PE ratio of 415.82 as of 4 Nov 2026, on earnings per share of ₹1.7, against a book value of ₹57.46 per share.
What is the 52-week high and low of NELCO Ltd?
Over the last 52 weeks NELCO Ltd has traded between ₹500.1 and ₹1,120 as of 4 Nov 2026.
Does NELCO Ltd pay dividends?
NELCO Ltd has a dividend yield of 0.15%.
What is the Return on Equity (ROE) of NELCO Ltd?
NELCO Ltd reported a return on equity of 0.46%. Its debt-to-equity ratio is 0.57.

Company Information

Incorporated in 1940, Nelco Ltd provides domestic satellite communication services to close user group networks

Website nelco.in
CEO Mr. Pradip Jyoti Nath
Employees 104
Listed 28 May 2003
Face Value ₹10

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