Nelco Limited NELCO NSETECH
Nelco Limited provides solutions in the areas of very small aperture terminals (VSAT) connectivity, satellite communication (Satcom) projects, and integrated security and surveillance solutions in India. The company offers VSAT satellite communication services for bank atm, bank branches, renewable energy, enterprise, and maritime and aero, as well as oil, energy, and gas areas; installation and annual maintenance services; network management; and satellite communication and internet services. It also designs, supplies, installs, and maintains customized and integrated security and surveillance solutions for application in industrial plants, power stations, broadcasting stations, telecommunications stations, airports, railways, seaports, and borders. In addition, the company is involved in the sale and rental of VSATs; and maintenance of private hubs and hybrid networks. It serves enterprise and government customers. The company was incorporated in 1940 and is based in Navi Mumbai, India. Nelco Limited is a subsidiary of The Tata Power Company Limited.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Generates positive free cash flow.
CONS
- Trading at a high P/E of 477.2.
- Revenue declined at -0.7% CAGR over 5 years.
- Earnings shrank at -44.9% CAGR over 5 years.
- Trading 38.9% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NELCO Nelco Limited NSETECH | 687.15 | 477.19 | ₹1,567.97 Cr | 0.14% | 6.76% | 2.59% | -0.68% | -44.90% |
| 2 | TCS Tata Consultancy Services Limited NIFTY50NSEAITECH | 2,258.90 | 16.61 | ₹8.17 L Cr | 5.49% | 54.93% | 48.40% | 5.80% | 5.30% |
| 3 | INFY Infosys Limited NIFTY50NSEAITECH | 1,160.90 | 15.01 | ₹4.70 L Cr | 4.31% | 41.66% | 31.44% | 3.44% | 3.58% |
| 4 | HCLTECH HCL Technologies Limited NIFTY50NSEAITECH | 1,183.80 | 19.31 | ₹3.20 L Cr | 8.11% | 27.21% | 23.36% | 8.65% | 3.87% |
| 5 | WIPRO Wipro Limited NIFTY50NSEAITECH | 204.25 | 16.26 | ₹2.14 L Cr | 8.32% | 18.42% | 15.49% | 4.05% | 2.44% |
| 6 | TECHM Tech Mahindra Limited NIFTY50NSEAITECH | 1,483.90 | 27.40 | ₹1.31 L Cr | 3.44% | 20.60% | 16.61% | 2.16% | -0.14% |
| 7 | LTM LTM Limited NSETECH | 4,061.60 | 24.04 | ₹1.20 L Cr | 1.85% | 25.39% | 21.29% | 8.43% | 4.41% |
| 8 | LGEINDIA LG ELECTRONICS INDIA LTD NIFTY_MIDNSETECH | 1,523.90 | 61.35 | ₹1.03 L Cr | - | 27.64% | 24.72% | 0.98% | - |
| 9 | WAAREEENER WAAREE ENERGIES LIMITED NIFTY_MIDNSETECH | 3,140.80 | 27.70 | ₹90,345.53 Cr | 0.13% | 24.21% | 31.57% | 71.63% | 191.18% |
Quarterly Results
Figures in INR.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 80.72 Cr | 67.52 Cr | 74.79 Cr | 78.30 Cr | 79.18 Cr |
| Cost of Revenue | 7.15 Cr | 2.54 Cr | 10.10 Cr | 10.76 Cr | 6.18 Cr |
| Gross Profit | 73.57 Cr | 64.98 Cr | 64.69 Cr | 67.54 Cr | 73.00 Cr |
| Operating Expenses | 66.65 Cr | 64.78 Cr | 61.87 Cr | 64.74 Cr | 72.39 Cr |
| Operating Income | 6.92 Cr | 20.00 L | 2.82 Cr | 2.80 Cr | 61.00 L |
| EBITDA | 13.75 Cr | 9.08 Cr | 8.50 Cr | 4.73 Cr | 7.40 Cr |
| Interest Expense | 1.51 Cr | 1.52 Cr | 1.18 Cr | 1.44 Cr | 73.00 L |
| Pretax Income | 6.98 Cr | 1.13 Cr | 2.40 Cr | -1.73 Cr | 1.75 Cr |
| Tax Provision | 2.03 Cr | 5.21 Cr | 60.00 L | -54.00 L | 66.00 L |
| Net Income | 4.95 Cr | -4.08 Cr | 1.80 Cr | -1.19 Cr | 1.09 Cr |
| Diluted EPS | 2.17 | -1.79 | 0.79 | -0.52 | 0.48 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 312.90 Cr | 320.21 Cr | 304.87 Cr | 306.60 Cr |
| Cost of Revenue | - | 129.99 Cr | 129.97 Cr | 27.02 Cr | 36.79 Cr |
| Gross Profit | - | 182.91 Cr | 190.24 Cr | 277.85 Cr | 269.81 Cr |
| Operating Expenses | - | 146.81 Cr | 151.97 Cr | 258.04 Cr | 261.20 Cr |
| Operating Income | - | 36.10 Cr | 38.27 Cr | 19.81 Cr | 8.61 Cr |
| EBITDA | - | 63.33 Cr | 62.22 Cr | 47.34 Cr | 29.41 Cr |
| Interest Expense | - | 7.73 Cr | 6.57 Cr | 5.52 Cr | 4.87 Cr |
| Pretax Income | - | 27.82 Cr | 33.51 Cr | 19.66 Cr | 4.59 Cr |
| Tax Provision | - | 7.97 Cr | 9.84 Cr | 10.13 Cr | 1.27 Cr |
| Net Income | - | 19.85 Cr | 23.67 Cr | 9.53 Cr | 3.32 Cr |
| Diluted EPS | - | 8.70 | 10.37 | 4.18 | 1.45 |
Compounded Sales Growth
| 5 Years: | -0.68% |
| 1 Year: | 17.30% |
Compounded Profit Growth
| 5 Years: | -44.90% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -23.48% |
| 6 Months: | -18.96% |
| 3 Months: | +8.36% |
| 1 Month: | -3.75% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 262.23 Cr | 281.96 Cr | 287.45 Cr | 347.37 Cr |
| Current Assets | - | 143.20 Cr | 151.56 Cr | 167.16 Cr | 182.04 Cr |
| Cash & Equivalents | - | 16.16 Cr | 21.79 Cr | 13.85 Cr | 19.39 Cr |
| Inventory | - | 21.27 Cr | 25.87 Cr | 30.69 Cr | 36.25 Cr |
| Receivables | - | 82.74 Cr | 85.07 Cr | 106.53 Cr | 103.64 Cr |
| Total Liabilities | - | 157.68 Cr | 158.38 Cr | 159.55 Cr | 218.54 Cr |
| Current Liabilities | - | 119.05 Cr | 139.36 Cr | 152.50 Cr | 207.46 Cr |
| Long Term Debt | 18.75 Cr | 18.62 Cr | 17.00 L | 0 | - |
| Total Debt | - | 63.10 Cr | 56.87 Cr | 52.51 Cr | 72.84 Cr |
| Total Equity | - | 104.55 Cr | 123.58 Cr | 127.90 Cr | 128.83 Cr |
| Shares Outstanding | - | 2.28 Cr | 2.28 Cr | 2.28 Cr | 2.28 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 58.08 Cr | 44.89 Cr | 19.66 Cr | 15.26 Cr |
| Investing Cash Flow | - | -24.93 Cr | -19.22 Cr | -16.54 Cr | -20.76 Cr |
| Financing Cash Flow | - | -32.64 Cr | -20.04 Cr | -11.06 Cr | 11.04 Cr |
| Capital Expenditure | - | -25.09 Cr | -16.31 Cr | -16.57 Cr | -23.28 Cr |
| Free Cash Flow | - | 32.99 Cr | 28.58 Cr | 3.09 Cr | -8.02 Cr |
| Net Change in Cash | - | 51.00 L | 5.63 Cr | -7.94 Cr | 5.54 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 58.5% | 59.4% | 91.1% | 88.0% |
| Operating Margin % | - | 11.5% | 12.0% | 6.5% | 2.8% |
| Net Margin % | - | 6.3% | 7.4% | 3.1% | 1.1% |
| ROE % | - | 19.0% | 19.2% | 7.5% | 2.6% |
| ROCE % | - | 25.2% | 26.8% | 14.7% | 6.2% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for NELCO