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NELCO Limited

NSE: NELCO · Unclassified

₹727.45-1.41%06 Nov 2026

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Instant answers about NELCO Limited — computed from its filings, no language model
Market cap₹1,660 cr
Current price₹727.45
High / Low₹1,082 / ₹506
P/E709.4
P/B12.66
Book value₹57.5
ROE1.8%
ROCE3.3%
Debt / equity1.88
Dividend yield0.13%
EPS (TTM)₹1.03
Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin
showing latest 6 of 8 periods
FY19FY20FY21FY22FY23FY24FY25FY26
Revenue191.0219.9226.1260.1313.3320.3304.9306.6
EBITDA36.049.844.950.660.859.442.028.6
Operating margin18.8%22.6%19.8%19.4%19.4%18.5%13.8%9.3%
Interest7.413.29.57.57.76.65.54.9
Depreciation13.020.022.324.627.822.122.219.9
Profit before tax19.920.315.923.127.833.019.54.3
Tax-2.35.93.57.18.09.810.11.3
Net profit0.014.40.00.00.00.00.00.0
EPS ₹9.776.305.427.058.7010.374.181.45
Operating cash flow———49.458.144.919.915.3
Capex———18.023.116.316.623.3
Dividend paid———2.74.14.54.82.2
Total assets————262.2282.0287.4347.4
Equity————104.5123.6127.9128.8

Quarterly performance

last 33 quarters · ₹ crore
showing latest 8 of 33 periods
SEP '18DEC '18MAR '19JUN '19SEP '19DEC '19MAR '20JUN '20SEP '20DEC '20MAR '21JUN '21SEP '21DEC '21MAR '22JUN '22SEP '22DEC '22MAR '23JUN '23SEP '23DEC '23MAR '24JUN '24SEP '24DEC '24MAR '25JUN '25SEP '25DEC '25MAR '26JUN '26SEP '26
Revenue45.245.351.548.853.656.461.249.553.258.564.855.161.272.171.781.775.474.282.078.876.783.281.674.182.580.767.574.874.378.379.280.078.1
Operating profit7.28.911.210.610.113.615.610.010.111.513.312.111.514.312.715.014.315.316.814.413.916.314.712.310.812.26.67.77.57.85.58.39.1
Operating margin16.0%19.7%21.6%21.7%18.8%24.0%25.4%20.3%18.9%19.6%20.5%22.0%18.8%19.8%17.7%18.4%19.0%20.6%20.5%18.3%18.1%19.6%18.0%16.6%13.1%15.1%9.8%10.3%10.0%10.0%7.0%10.4%11.7%
Other income1.11.41.00.31.10.70.50.80.90.30.81.50.21.41.50.30.70.70.80.40.40.80.70.10.91.52.60.61.30.61.90.12.5
Interest1.62.02.33.03.13.43.72.92.52.21.91.81.72.12.02.42.12.02.11.51.71.91.41.11.41.51.51.21.51.40.71.33.4
Depreciation3.03.23.94.65.05.15.35.45.55.55.95.75.56.47.06.36.76.88.05.25.15.86.05.35.25.36.44.95.15.04.95.15.8
Profit before tax3.85.16.04.53.05.87.02.53.14.06.36.14.57.25.26.76.37.27.78.17.59.48.16.15.26.91.32.22.1-1.91.83.12.4
Tax-6.21.11.81.11.52.11.20.70.90.21.81.71.12.02.21.91.82.22.02.31.93.52.11.61.32.05.20.60.6-0.50.70.80.6
Net profit0.00.00.00.00.00.05.80.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.02.30.0
EPS ₹4.421.751.871.480.671.602.550.810.971.671.961.921.492.301.332.071.962.192.482.512.492.692.672.001.802.17-1.790.790.71-0.520.481.020.76
Revenue YoY————18.6%24.5%18.9%1.6%-0.7%3.9%5.9%11.3%15.0%23.1%10.6%48.2%23.2%3.0%14.4%-3.5%1.6%12.1%-0.5%-6.0%7.7%-3.0%-17.3%1.0%-10.0%-3.0%17.3%7.0%5.1%
Profit YoY——————————-100.0%——————————————————————

Earlier results (standalone, Sep '07 – Jun '18)

₹ crore · from BSE, before the NSE XBRL filings begin

NELCO Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 10 periods
FY09†FY10†FY11†FY12†FY13†FY14†FY15†FY16†FY17†FY18†
Revenue191.4231.3120.0123.1115.9113.2100.587.790.947.6
Operating profit-0.926.4-13.1-4.12.3-0.14.08.79.84.3
Operating margin-0.5%11.4%-10.9%-3.3%2.0%-0.1%4.0%9.9%10.8%9.0%
Other income—3.53.51.91.12.62.93.88.83.2
Interest12.012.89.56.99.99.38.38.67.84.9
Depreciation6.14.44.35.45.66.07.95.84.61.9
Profit before tax-17.224.131.3-13.4-9.4-12.83.1-0.36.20.8
Tax3.25.28.1-0.70.00.00.50.00.0-9.0
Net profit-20.418.923.2-12.8-9.4-12.82.6-0.36.29.8

Quarters

showing latest 8 of 44 periods
SEP '07†DEC '07†MAR '08†JUN '08†SEP '08†DEC '08†MAR '09†JUN '09†SEP '09†DEC '09†MAR '10†JUN '10†SEP '10†DEC '10†MAR '11†JUN '11†SEP '11†DEC '11†MAR '12†JUN '12†SEP '12†DEC '12†MAR '13†JUN '13†SEP '13†DEC '13†MAR '14†JUN '14†SEP '14†DEC '14†MAR '15†JUN '15†SEP '15†DEC '15†MAR '16†JUN '16†SEP '16†DEC '16†MAR '17†JUN '17†SEP '17†DEC '17†MAR '18†JUN '18†
Revenue41.544.795.819.328.631.9111.647.8101.340.841.528.828.537.724.919.129.726.148.335.629.228.522.629.828.827.627.020.727.425.227.222.621.021.922.123.023.722.721.523.58.08.08.18.2
Operating profit5.32.014.3-3.4-0.3-3.56.35.119.41.70.2-0.0-11.7-0.6-0.9-1.7-8.11.74.02.12.2-2.30.30.1-0.6-0.10.5-2.52.31.42.71.32.42.42.63.83.02.60.53.40.50.40.10.4
Operating margin12.8%4.6%15.0%-17.4%-1.2%-10.9%5.7%10.7%19.1%4.2%0.5%-0.0%-40.9%-1.5%-3.6%-8.8%-27.4%6.6%8.3%5.9%7.6%-8.1%1.5%0.4%-2.0%-0.5%1.9%-11.8%8.5%5.6%9.9%5.8%11.4%10.9%11.6%16.4%12.6%11.5%2.2%14.5%5.6%4.6%1.0%4.9%
Other income0.90.10.30.30.1—3.50.51.40.80.81.40.31.40.40.20.11.50.10.01.10.00.00.60.70.80.51.00.80.50.60.70.51.31.31.10.82.04.91.00.61.10.60.5
Interest2.72.62.82.92.73.03.23.13.23.03.53.82.41.71.51.61.61.62.12.42.62.62.42.22.42.42.32.31.92.02.12.12.12.22.22.22.21.71.61.41.31.21.01.0
Depreciation1.11.11.11.01.21.12.91.11.11.11.11.01.11.11.11.31.31.41.41.41.41.41.41.41.41.41.71.41.33.51.81.61.41.41.41.30.81.21.31.40.10.10.40.2
Profit before tax2.1-1.910.4-7.2-5.0-8.23.20.929.4-2.1-4.2-3.438.1-1.9-1.4-4.3-9.90.20.61.0-0.7-6.3-3.4-3.0-3.7-3.1-3.07.30.1-3.6-0.7-1.71.00.10.31.30.81.62.51.6-0.30.2-0.7-0.3
Tax0.10.11.2-2.46.30.1-0.90.16.6-0.2-1.20.08.40.1-0.40.0-0.70.00.00.00.00.00.00.00.00.00.00.00.00.50.00.00.00.00.00.00.00.00.00.0-2.8-2.6-3.6-3.2
Net profit2.0-2.09.3-4.9-11.3-8.34.10.822.9-1.9-2.9-3.529.7-2.0-1.0-4.3-9.20.20.61.0-0.7-6.3-3.4-3.0-3.7-3.1-3.07.30.1-4.1-0.7-1.71.00.10.31.30.81.62.51.62.52.82.92.9
EPS ₹86.00-0.894.06-2.14-4.97-3.651.810.3710.01-0.82-1.29-1.5113.01-0.86-0.44-1.89-4.040.080.270.44-0.31-2.74-1.49-1.30-1.64-1.38-1.303.220.02-1.80-0.29-0.320.440.020.110.580.340.711.100.711.091.221.271.27
Revenue YoY————-31.2%-28.6%16.5%147.2%254.3%27.7%-62.8%-39.6%-71.9%-7.5%-40.0%-33.9%4.1%-30.7%94.0%86.7%-1.8%9.2%-53.2%-16.3%-1.1%-3.2%19.6%-30.5%-4.8%-8.9%0.8%9.2%-23.3%-12.8%-18.8%1.7%12.7%3.4%-2.7%2.4%-66.2%-64.9%-62.4%-65.3%
Profit YoY————-679.1%—-55.3%———-171.0%-507.1%29.9%———-131.1%————-3577.8%-648.4%-394.1%———————-122.6%1566.7%———-23.0%3140.0%861.5%21.1%223.4%71.6%15.6%80.1%

Returns & margins

trailing-twelve-month, per quarter
showing latest 8 of 30 periods
JUN '19SEP '19DEC '19MAR '20JUN '20SEP '20DEC '20MAR '21JUN '21SEP '21DEC '21MAR '22JUN '22SEP '22DEC '22MAR '23JUN '23SEP '23DEC '23MAR '24JUN '24SEP '24DEC '24MAR '25JUN '25SEP '25DEC '25MAR '26JUN '26SEP '26
ROE—————————————0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%1.8%1.8%
ROCE—————————————21.7%21.6%25.5%25.9%23.8%25.2%25.3%23.7%22.1%20.3%15.1%12.8%9.9%5.1%4.9%5.4%3.3%
Net margin0.0%0.0%0.0%2.6%2.6%2.6%2.6%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.8%0.7%
EBITDA margin19.9%20.4%21.6%22.6%22.3%22.3%21.2%19.8%20.3%20.2%20.2%19.4%18.7%18.7%18.9%19.6%19.6%19.4%19.2%18.5%18.1%16.9%15.7%13.8%12.2%11.4%10.1%9.3%9.3%9.8%
Debt / equity—————————————0.670.670.360.360.420.420.270.270.230.230.300.300.440.440.460.461.88
Interest coverage3.202.802.632.532.392.472.472.673.323.754.244.073.933.994.024.274.815.195.536.036.085.915.824.533.783.201.671.882.051.79
Asset turnover—————————————1.041.051.191.181.111.151.141.121.141.131.061.060.960.950.880.900.58

Balance sheet

equity vs borrowings over time · ₹ crore
showing latest 6 of 9 periods
SEP '22MAR '23SEP '23MAR '24SEP '24MAR '25SEP '25MAR '26SEP '26
Share capital22.822.822.822.822.822.822.822.822.8
Other equity / reserves70.881.788.2100.8104.2105.1105.7106.0108.3
Total equity93.7104.5111.0123.6127.0127.9128.6128.8131.1
Borrowings62.837.947.233.229.238.057.158.8246.2
Current liabilities148.9119.0134.9139.4138.3152.5168.8207.5206.0
Non-current liabilities46.438.634.019.017.27.012.211.1205.2
Total assets288.9262.2279.8282.0282.6287.4309.5347.4542.3
Property, plant & equipment96.690.689.782.878.873.873.572.0109.2
Capital work-in-progress5.01.54.99.69.58.710.141.58.0
Investments0.20.23.33.74.13.94.14.2197.5
Inventories19.121.325.325.921.930.730.236.232.7
Receivables98.882.782.885.194.6106.5109.9103.687.6
Cash & equivalents22.816.223.721.810.613.829.419.46.6

Cash flow

annual · ₹ crore · line = free cash flow
FY22FY23FY24FY25FY26
Cash from operations49.458.144.919.915.3
Cash from investing-16.1-24.9-19.2-16.7-20.8
Cash from financing-19.6-32.6-20.0-11.111.0
Capex18.023.116.316.623.3
Free cash flow31.535.028.63.3-8.0
Dividends paid2.74.14.54.82.2

Where the assets sit

Sep '26 · ₹ crore
Fixed assets (PPE)
₹109.2 cr20%
CWIP
₹8.0 cr1%
Investments
₹197.5 cr36%
Inventories
₹32.7 cr6%
Receivables
₹87.6 cr16%
Cash & equivalents
₹6.6 cr1%
Other assets
₹100.8 cr19%

Peer comparison

largest in Unclassified · this company in bold
CompanyMarket cap ₹crPriceP/EP/BROE
Avantel Limited36,86,04,549138.69—1059360.680.0%
Ducol Organics And Colours Limited19,55,275120.00—20089.130.0%
Jio Platforms Limited12,57,1811,406.40—3.57—
SBI Funds Management Limited1,01,750499.55———
Tamilnadu Telecommunication Limited91,3149.93———
Manipal Health Enterprises Limited76,294646.70———
INDO-MIM Limited59,0421,219.50———
AvenuesAI Limited45,138129.25153.69.516.2%
Dhoot Transmission Limited32,7611,601.60—8.11—
3M India Limited31,07127,570.0053.817.5732.7%
NELCO Limited1,660727.45709.412.661.8%

StoxGud checklist: Bearish setup · 2/10

  • Price above 50-day average
  • Price above 200-day average
  • 50-day average above 200-day (uptrend)
  • RSI in healthy 40–70 zone
  • Positive 1-year return
  • Return on equity above 15%
  • Debt to equity below 1
  • Revenue growing year on year
  • Net profit margin above 10%
  • P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-20.6%
6 months-0.7%
1 year-15.7%
3Y CAGR+1.0%
5Y CAGR-0.9%
10Y CAGR+24.2%
50-day avg₹867.89
200-day avg₹772.83
RSI (14)32

FAQs

What is the share price of NELCO Limited?

NELCO Limited (NELCO) closed at ₹727.45 on NSE on 06 Nov 2026.

What is the market cap of NELCO Limited?

₹1,660 crore at the latest close.

What is the P/E ratio of NELCO Limited?

709.4, on trailing-twelve-month earnings from its filings.

How fast is NELCO Limited growing?

NELCO Limited: revenue has compounded at -0.7% a year over three years. Latest-quarter revenue is up 5.1% year on year.

How profitable is NELCO Limited?

On a trailing-twelve-month basis return on equity is 1.8%, return on capital employed 3.3%, operating margin 9.8%, net margin 0.7%.

How much debt does NELCO Limited have?

NELCO Limited is highly geared: debt to equity is 1.88 with borrowings of ₹246 cr against cash of ₹7 cr (balance sheet of 2026-09-30). Operating profit covers interest 1.8 times.

Financials parsed from NELCO Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '18, annual from FY19, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.