Nelco Ltd.
•₹ 906.7-0.58%
2026-08-21
PROS
- Company has consistently been profitable over the last 5 years
- Latest quarter profit grew 30.0% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.19x)
- Company has been maintaining a healthy dividend payout of 68.7%
- Working capital cycle has improved - days down from 18 to -23
- Company generates healthy free cash flow
CONS
- A large part of profit comes from other income (95.0% of PBT)
- Interest coverage is weak at 1.9x - earnings barely cover interest
- Valuation is stretched - P/E of 539.0 is well above its own 5-year median (215.4)
- Company has delivered a poor profit growth of -23.1% over past five years
- Total debt has risen sharply - up 54.9% year on year
- Operating margins have contracted to 9.5% from 20.5%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | NETWEB | 5062.15 | 0.00 | 28824.23 | 0.06 | 85.32 | 179.93 | 819.69 | 172.13 | 33.07 | 14.70 |
| 2. | NELCO | 911.70 | 538.95 | 2080.35 | 0.11 | 2.34 | 30.00 | 80.03 | 7.01 | 5.65 | 10.40 |
| 3. | IVALUE | 278.70 | 14.72 | 1525.98 | 0.00 | 15.72 | 51.74 | 179.73 | -21.14 | 25.50 | 9.69 |
| 4. | CONTROLPR | 572.00 | 23.48 | 914.87 | 1.75 | 3.92 | -54.23 | 115.56 | 3.84 | 17.99 | 13.24 |
| 5. | TVSELECT | 440.65 | 83.43 | 821.83 | 0.00 | -6.62 | -86.48 | 106.04 | 9.70 | 5.65 | -2.25 |
| 6. | DCI | 368.65 | 28.51 | 604.59 | 0.00 | 45.34 | 1120.13 | 1672.36 | 868.25 | 25.52 | 4.68 |
| 7. | EMPOWER | 2.21 | 13.30 | 257.20 | 0.00 | 1.49 | 778.82 | 37.38 | 40.81 | 1.78 | -1.12 |
| 8. | UMIYA-MRO | 94.63 | 27.01 | 176.81 | 0.00 | 0.24 | -99.25 | 16.33 | 27.25 | 29.94 | 27.92 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 79 | 77 | 83 | 82 | 74 | 83 | 81 | 68 | 75 | 74 | 78 | 79 | 80 | |
| 64 | 63 | 67 | 67 | 62 | 72 | 69 | 61 | 67 | 67 | 70 | 74 | 78 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 1 | 1 | 0 | 1 | 2 | 3 | 1 | 1 | 1 | 2 | 0 |
| Interest | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 1 | 1 | 1 |
| Depreciation | 5 | 5 | 6 | 6 | 5 | 5 | 5 | 6 | 5 | 5 | 5 | 5 | 5 |
| 8 | 8 | 9 | 8 | 6 | 5 | 7 | 1 | 2 | 2 | -2 | 2 | 3 | |
| Tax % | 28.91% | 24.73% | 37.66% | 26.18% | 25.58% | 25.97% | 29.29% | 394.70% | 27.15% | 25.70% | 28.88% | 36.46% | 25.24% |
| Net Profit | 0 | 0 | 0 | 0 | 5 | 4 | 5 | -4 | 2 | 2 | -1 | 1 | 2 |
| 3 | 2 | 3 | 3 | 2 | 2 | 2 | -2 | 1 | 1 | -1 | 0 | 0 | |
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 79
- 64
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 5
- 8
- Tax %
- 28.91%
- Net Profit
- 0
- 3
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 77
- 63
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 5
- 8
- Tax %
- 24.73%
- Net Profit
- 0
- 2
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 83
- 67
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 6
- 9
- Tax %
- 37.66%
- Net Profit
- 0
- 3
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 82
- 67
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 6
- 8
- Tax %
- 26.18%
- Net Profit
- 0
- 3
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 74
- 62
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 5
- 6
- Tax %
- 25.58%
- Net Profit
- 5
- 2
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 83
- 72
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 5
- 5
- Tax %
- 25.97%
- Net Profit
- 4
- 2
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 81
- 69
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 5
- 7
- Tax %
- 29.29%
- Net Profit
- 5
- 2
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 68
- 61
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 2
- Depreciation
- 6
- 1
- Tax %
- 394.70%
- Net Profit
- -4
- -2
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 75
- 67
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 5
- 2
- Tax %
- 27.15%
- Net Profit
- 2
- 1
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 74
- 67
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 5
- 2
- Tax %
- 25.70%
- Net Profit
- 2
- 1
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 78
- 70
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 5
- -2
- Tax %
- 28.88%
- Net Profit
- -1
- -1
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 79
- 74
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 5
- 2
- Tax %
- 36.46%
- Net Profit
- 1
- 0
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 80
- 78
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 5
- 3
- Tax %
- 25.24%
- Net Profit
- 2
- 0
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 144 | 150 | 191 | 220 | 226 | 260 | 313 | 320 | 305 | 307 | 312 | |
| 127 | 125 | 156 | 171 | 181 | 210 | 252 | 260 | 262 | 278 | 289 | |
| Operating Profit | 23 | 30 | 40 | 52 | 48 | 55 | 64 | 62 | 48 | 33 | — |
| OPM % | 16 | 20 | 21 | 24 | 21 | 21 | 21 | 19 | 16 | 11 | — |
| Other Income | 6 | 6 | 5 | 3 | 3 | 5 | 3 | 2 | 5 | 4 | 4 |
| Interest | 8 | 6 | 7 | 13 | 10 | 8 | 9 | 7 | 6 | 5 | 5 |
| Depreciation | 8 | 9 | 13 | 20 | 22 | 25 | 28 | 22 | 22 | 20 | 20 |
| 7 | 15 | 20 | 20 | 16 | 23 | 28 | 34 | 20 | 5 | 5 | |
| Tax % | 9 | 20 | -11 | 29 | 22 | 31 | 29 | 29 | 52 | 28 | 28 |
| Net Profit | 6 | 12 | 22 | 14 | 12 | 16 | 20 | 24 | 10 | 3 | 4 |
| EPS | 3 | 5 | 10 | 6 | 5 | 7 | 9 | 10 | 4 | 1 | — |
| Dividend Payout % | 0 | 0 | 15 | 19 | 22 | 26 | 23 | 21 | 24 | 69 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 3 | 5 | 10 | 6 | 5 | 7 | 9 | 10 | 4 | 1 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 3 | 5 | 10 | 6 | 5 | 7 | 9 | 10 | 4 | 1 | — |
Mar 2017
- 144
- 127
- Operating Profit
- 23
- OPM %
- 16
- Other Income
- 6
- Interest
- 8
- Depreciation
- 8
- 7
- Tax %
- 9
- Net Profit
- 6
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2018
- 150
- 125
- Operating Profit
- 30
- OPM %
- 20
- Other Income
- 6
- Interest
- 6
- Depreciation
- 9
- 15
- Tax %
- 20
- Net Profit
- 12
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2019
- 191
- 156
- Operating Profit
- 40
- OPM %
- 21
- Other Income
- 5
- Interest
- 7
- Depreciation
- 13
- 20
- Tax %
- -11
- Net Profit
- 22
- EPS
- 10
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2020
- 220
- 171
- Operating Profit
- 52
- OPM %
- 24
- Other Income
- 3
- Interest
- 13
- Depreciation
- 20
- 20
- Tax %
- 29
- Net Profit
- 14
- EPS
- 6
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2021
- 226
- 181
- Operating Profit
- 48
- OPM %
- 21
- Other Income
- 3
- Interest
- 10
- Depreciation
- 22
- 16
- Tax %
- 22
- Net Profit
- 12
- EPS
- 5
- Dividend Payout %
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2022
- 260
- 210
- Operating Profit
- 55
- OPM %
- 21
- Other Income
- 5
- Interest
- 8
- Depreciation
- 25
- 23
- Tax %
- 31
- Net Profit
- 16
- EPS
- 7
- Dividend Payout %
- 26
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2023
- 313
- 252
- Operating Profit
- 64
- OPM %
- 21
- Other Income
- 3
- Interest
- 9
- Depreciation
- 28
- 28
- Tax %
- 29
- Net Profit
- 20
- EPS
- 9
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2024
- 320
- 260
- Operating Profit
- 62
- OPM %
- 19
- Other Income
- 2
- Interest
- 7
- Depreciation
- 22
- 34
- Tax %
- 29
- Net Profit
- 24
- EPS
- 10
- Dividend Payout %
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2025
- 305
- 262
- Operating Profit
- 48
- OPM %
- 16
- Other Income
- 5
- Interest
- 6
- Depreciation
- 22
- 20
- Tax %
- 52
- Net Profit
- 10
- EPS
- 4
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2026
- 307
- 278
- Operating Profit
- 33
- OPM %
- 11
- Other Income
- 4
- Interest
- 5
- Depreciation
- 20
- 5
- Tax %
- 28
- Net Profit
- 3
- EPS
- 1
- Dividend Payout %
- 69
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
TTM
- 312
- 289
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 5
- Depreciation
- 20
- 5
- Tax %
- 28
- Net Profit
- 4
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 4%
- 5 Years:
- 6%
- 3 Years:
- -1%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 4%
- 5 Years:
- -23%
- 3 Years:
- -45%
STOCK PRICE CAGR
- 10 Years:
- 26%
- 5 Years:
- 11%
- 3 Years:
- 5%
- 1 Year:
- 9%
RETURN ON EQUITY
- 10 Years:
- 24%
- 5 Years:
- 14%
- 3 Years:
- 10%
- Last Year:
- 3%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| -1 | 11 | 33 | 43 | 53 | 66 | 82 | 101 | 105 | 106 | |
| 52 | 38 | 34 | 69 | 37 | 28 | 19 | 26 | 38 | 59 | |
| Trade Payables | 24 | 33 | 36 | 38 | 35 | 53 | 45 | 35 | 47 | 41 |
| 46 | 67 | 118 | 111 | 99 | 100 | 98 | 96 | 67 | 90 | |
| Total Liabilities | 143 | 171 | 244 | 283 | 247 | 270 | 267 | 281 | 279 | 319 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 36 | 51 | 87 | 117 | 108 | 110 | 95 | 87 | 78 | 77 | |
| Capital Work in Progress | 3 | 5 | 17 | 3 | 4 | 3 | 1 | 10 | 9 | 41 |
| 5 | 6 | 0 | 0 | 0 | 0 | 0 | 4 | 4 | 4 | |
| 9 | 9 | 8 | 11 | 11 | 16 | 21 | 26 | 31 | 36 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85 | 107 | 104 | |
| Cash & Bank | 4 | 4 | 6 | 13 | 10 | 16 | 17 | 22 | 15 | 20 |
| 87 | 97 | 127 | 139 | 114 | 125 | 132 | 47 | 37 | 37 | |
| Total Assets | 143 | 171 | 244 | 283 | 247 | 270 | 267 | 281 | 279 | 319 |
| Total Debt | 57 | 50 | 82 | 113 | 67 | 54 | 38 | 33 | 38 | 59 |
| Net Working Capital | -42 | -40 | -47 | -58 | -32 | -10 | 24 | 12 | 15 | -19 |
| Contingent Liabilities | 50 | 49 | 48 | 48 | 48 | 16 | 22 | 21 | 13 | 12 |
| Book Value per Share | 9.58 | 14.80 | 24.47 | 28.87 | 33.31 | 39.02 | 45.82 | 54.15 | 56.05 | 56.45 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 57 | 50 | 82 | 113 | 67 | 54 | 38 | 33 | 38 | 59 |
| Net Working Capital | -42 | -40 | -47 | -58 | -32 | -10 | 24 | 12 | 15 | -19 |
| Contingent Liabilities | 50 | 49 | 48 | 48 | 48 | 16 | 22 | 21 | 13 | 12 |
| Book Value per Share | 9.58 | 14.80 | 24.47 | 28.87 | 33.31 | 39.02 | 45.82 | 54.15 | 56.05 | 56.45 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 23
- -1
- 52
- Trade Payables
- 24
- 46
- Total Liabilities
- 143
- 36
- Capital Work in Progress
- 3
- 5
- 9
- 0
- Cash & Bank
- 4
- 87
- Total Assets
- 143
- Total Debt
- 57
- Net Working Capital
- -42
- Contingent Liabilities
- 50
- Book Value per Share
- 9.58
- Face Value
- 10.00
- Total Debt
- 57
- Net Working Capital
- -42
- Contingent Liabilities
- 50
- Book Value per Share
- 9.58
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 23
- 11
- 38
- Trade Payables
- 33
- 67
- Total Liabilities
- 171
- 51
- Capital Work in Progress
- 5
- 6
- 9
- 0
- Cash & Bank
- 4
- 97
- Total Assets
- 171
- Total Debt
- 50
- Net Working Capital
- -40
- Contingent Liabilities
- 49
- Book Value per Share
- 14.80
- Face Value
- 10.00
- Total Debt
- 50
- Net Working Capital
- -40
- Contingent Liabilities
- 49
- Book Value per Share
- 14.80
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 23
- 33
- 34
- Trade Payables
- 36
- 118
- Total Liabilities
- 244
- 87
- Capital Work in Progress
- 17
- 0
- 8
- 0
- Cash & Bank
- 6
- 127
- Total Assets
- 244
- Total Debt
- 82
- Net Working Capital
- -47
- Contingent Liabilities
- 48
- Book Value per Share
- 24.47
- Face Value
- 10.00
- Total Debt
- 82
- Net Working Capital
- -47
- Contingent Liabilities
- 48
- Book Value per Share
- 24.47
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 23
- 43
- 69
- Trade Payables
- 38
- 111
- Total Liabilities
- 283
- 117
- Capital Work in Progress
- 3
- 0
- 11
- 0
- Cash & Bank
- 13
- 139
- Total Assets
- 283
- Total Debt
- 113
- Net Working Capital
- -58
- Contingent Liabilities
- 48
- Book Value per Share
- 28.87
- Face Value
- 10.00
- Total Debt
- 113
- Net Working Capital
- -58
- Contingent Liabilities
- 48
- Book Value per Share
- 28.87
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 23
- 53
- 37
- Trade Payables
- 35
- 99
- Total Liabilities
- 247
- 108
- Capital Work in Progress
- 4
- 0
- 11
- 0
- Cash & Bank
- 10
- 114
- Total Assets
- 247
- Total Debt
- 67
- Net Working Capital
- -32
- Contingent Liabilities
- 48
- Book Value per Share
- 33.31
- Face Value
- 10.00
- Total Debt
- 67
- Net Working Capital
- -32
- Contingent Liabilities
- 48
- Book Value per Share
- 33.31
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 23
- 66
- 28
- Trade Payables
- 53
- 100
- Total Liabilities
- 270
- 110
- Capital Work in Progress
- 3
- 0
- 16
- 0
- Cash & Bank
- 16
- 125
- Total Assets
- 270
- Total Debt
- 54
- Net Working Capital
- -10
- Contingent Liabilities
- 16
- Book Value per Share
- 39.02
- Face Value
- 10.00
- Total Debt
- 54
- Net Working Capital
- -10
- Contingent Liabilities
- 16
- Book Value per Share
- 39.02
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 23
- 82
- 19
- Trade Payables
- 45
- 98
- Total Liabilities
- 267
- 95
- Capital Work in Progress
- 1
- 0
- 21
- 0
- Cash & Bank
- 17
- 132
- Total Assets
- 267
- Total Debt
- 38
- Net Working Capital
- 24
- Contingent Liabilities
- 22
- Book Value per Share
- 45.82
- Face Value
- 10.00
- Total Debt
- 38
- Net Working Capital
- 24
- Contingent Liabilities
- 22
- Book Value per Share
- 45.82
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 23
- 101
- 26
- Trade Payables
- 35
- 96
- Total Liabilities
- 281
- 87
- Capital Work in Progress
- 10
- 4
- 26
- 85
- Cash & Bank
- 22
- 47
- Total Assets
- 281
- Total Debt
- 33
- Net Working Capital
- 12
- Contingent Liabilities
- 21
- Book Value per Share
- 54.15
- Face Value
- 10.00
- Total Debt
- 33
- Net Working Capital
- 12
- Contingent Liabilities
- 21
- Book Value per Share
- 54.15
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 23
- 105
- 38
- Trade Payables
- 47
- 67
- Total Liabilities
- 279
- 78
- Capital Work in Progress
- 9
- 4
- 31
- 107
- Cash & Bank
- 15
- 37
- Total Assets
- 279
- Total Debt
- 38
- Net Working Capital
- 15
- Contingent Liabilities
- 13
- Book Value per Share
- 56.05
- Face Value
- 10.00
- Total Debt
- 38
- Net Working Capital
- 15
- Contingent Liabilities
- 13
- Book Value per Share
- 56.05
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 23
- 106
- 59
- Trade Payables
- 41
- 90
- Total Liabilities
- 319
- 77
- Capital Work in Progress
- 41
- 4
- 36
- 104
- Cash & Bank
- 20
- 37
- Total Assets
- 319
- Total Debt
- 59
- Net Working Capital
- -19
- Contingent Liabilities
- 12
- Book Value per Share
- 56.45
- Face Value
- 10.00
- Total Debt
- 59
- Net Working Capital
- -19
- Contingent Liabilities
- 12
- Book Value per Share
- 56.45
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 38 | 32 | 21 | 33 | 54 | 51 | 58 | 45 | 20 | 15 | |
| Cash from Investing | -3 | -14 | -45 | -40 | -8 | -18 | -25 | -19 | -17 | -21 |
| Cash from Financing | -40 | -12 | 25 | 4 | -47 | -19 | -33 | -20 | -11 | 11 |
| -5 | 6 | 2 | -2 | -1 | 14 | 1 | 6 | -8 | 6 | |
| Free Cash Flow | 25 | 6 | -39 | -4 | 43 | 30 | 58 | 38 | 19 | -23 |
| OCF / Net Profit | 6.04 | 2.65 | 0.95 | 2.31 | 4.36 | 3.14 | 2.93 | 1.90 | 2.06 | 4.60 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 31 | 36 | 88 | 165 | 187 | 122 |
| OCF / Net Profit | 6.04 | 2.65 | 0.95 | 2.31 | 4.36 | 3.14 | 2.93 | 1.90 | 2.06 | 4.60 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 31 | 36 | 88 | 165 | 187 | 122 |
Mar 2017
- 38
- Cash from Investing
- -3
- Cash from Financing
- -40
- -5
- Free Cash Flow
- 25
- OCF / Net Profit
- 6.04
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 6.04
- Cumulative 5-Year FCF
- 0
Mar 2018
- 32
- Cash from Investing
- -14
- Cash from Financing
- -12
- 6
- Free Cash Flow
- 6
- OCF / Net Profit
- 2.65
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.65
- Cumulative 5-Year FCF
- 0
Mar 2019
- 21
- Cash from Investing
- -45
- Cash from Financing
- 25
- 2
- Free Cash Flow
- -39
- OCF / Net Profit
- 0.95
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.95
- Cumulative 5-Year FCF
- 0
Mar 2020
- 33
- Cash from Investing
- -40
- Cash from Financing
- 4
- -2
- Free Cash Flow
- -4
- OCF / Net Profit
- 2.31
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.31
- Cumulative 5-Year FCF
- 0
Mar 2021
- 54
- Cash from Investing
- -8
- Cash from Financing
- -47
- -1
- Free Cash Flow
- 43
- OCF / Net Profit
- 4.36
- Cumulative 5-Year FCF
- 31
- OCF / Net Profit
- 4.36
- Cumulative 5-Year FCF
- 31
Mar 2022
- 51
- Cash from Investing
- -18
- Cash from Financing
- -19
- 14
- Free Cash Flow
- 30
- OCF / Net Profit
- 3.14
- Cumulative 5-Year FCF
- 36
- OCF / Net Profit
- 3.14
- Cumulative 5-Year FCF
- 36
Mar 2023
- 58
- Cash from Investing
- -25
- Cash from Financing
- -33
- 1
- Free Cash Flow
- 58
- OCF / Net Profit
- 2.93
- Cumulative 5-Year FCF
- 88
- OCF / Net Profit
- 2.93
- Cumulative 5-Year FCF
- 88
Mar 2024
- 45
- Cash from Investing
- -19
- Cash from Financing
- -20
- 6
- Free Cash Flow
- 38
- OCF / Net Profit
- 1.90
- Cumulative 5-Year FCF
- 165
- OCF / Net Profit
- 1.90
- Cumulative 5-Year FCF
- 165
Mar 2025
- 20
- Cash from Investing
- -17
- Cash from Financing
- -11
- -8
- Free Cash Flow
- 19
- OCF / Net Profit
- 2.06
- Cumulative 5-Year FCF
- 187
- OCF / Net Profit
- 2.06
- Cumulative 5-Year FCF
- 187
Mar 2026
- 15
- Cash from Investing
- -21
- Cash from Financing
- 11
- 6
- Free Cash Flow
- -23
- OCF / Net Profit
- 4.60
- Cumulative 5-Year FCF
- 122
- OCF / Net Profit
- 4.60
- Cumulative 5-Year FCF
- 122
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 2.75 | 5.31 | 9.77 | 6.30 | 5.42 | 7.05 | 8.70 | 10.37 | 4.18 | 1.45 |
| Book Value (₹) | 9.58 | 14.80 | 24.47 | 28.87 | 33.31 | 39.02 | 45.82 | 54.15 | 56.05 | 56.45 |
| Dividend per Share (₹) | 0.00 | 0.00 | 1.50 | 1.20 | 1.20 | 1.80 | 2.00 | 2.20 | 1.00 | 1.00 |
| Cash EPS (₹) | 6.27 | 9.47 | 15.45 | 15.07 | 15.19 | 17.84 | 20.87 | 20.07 | 13.89 | 10.20 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 16.05% | 20.10% | 21.08% | 23.76% | 21.10% | 21.27% | 20.52% | 18.73% | 13.97% | 9.49% |
| Net Margin % | 4.37% | 8.09% | 11.67% | 6.54% | 5.47% | 6.18% | 6.34% | 7.39% | 3.13% | 1.08% |
| ROE % | 33.30% | 43.53% | 49.75% | 23.63% | 17.42% | 19.48% | 20.51% | 20.75% | 7.58% | 2.59% |
| ROCE % | 17.22% | 26.08% | 24.69% | 21.09% | 15.82% | 21.43% | 25.52% | 27.24% | 15.99% | 5.65% |
| 4.21% | 8.04% | 10.73% | 5.46% | 4.66% | 6.22% | 7.39% | 8.63% | 3.40% | 1.11% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 98 | 108 | 110 | 108 | 108 | 99 | 94 | 96 | 115 | 125 |
| Inventory Days | 22 | 22 | 16 | 15 | 18 | 19 | 22 | 27 | 34 | 40 |
| Payable Days | 392 | 556 | 370 | 434 | 473 | 361 | 355 | 415 | 554 | 437 |
| -273 | -426 | -244 | -311 | -348 | -243 | -240 | -293 | -405 | -272 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 2.59x | 1.48x | 1.47x | 1.71x | 0.88x | 0.61x | 0.36x | 0.27x | 0.30x | 0.46x |
| Interest Coverage (x) | 1.82x | 3.57x | 3.71x | 2.54x | 2.67x | 4.07x | 4.21x | 5.62x | 4.20x | 1.85x |
| 0.59x | 0.65x | 0.67x | 0.67x | 0.74x | 0.93x | 1.20x | 1.09x | 1.10x | 0.91x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -28.14% | 4.13% | 27.67% | 15.14% | 2.81% | 15.01% | 20.48% | 2.22% | -4.82% | 0.57% |
| Operating Profit Growth % | -5.57% | 30.40% | 33.92% | 29.77% | -8.71% | 15.95% | 16.20% | -2.88% | -23.48% | -29.98% |
| Net Profit Growth % | 851.52% | 92.83% | 84.06% | -35.49% | -14.05% | 30.10% | 23.45% | 19.24% | -59.74% | -65.16% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 19.24% | -59.74% | -65.16% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 66.82x | 215.40x | 347.62x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 12.80x | 16.05x | 8.96x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% | 0.11% | 0.20% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 25.51x | 43.46x | 35.65x |
Mar 2017
- EPS (₹)
- 2.75
- Book Value (₹)
- 9.58
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.27
- Operating Margin %
- 16.05%
- Net Margin %
- 4.37%
- ROE %
- 33.30%
- ROCE %
- 17.22%
- 4.21%
- Debtor Days
- 98
- Inventory Days
- 22
- Payable Days
- 392
- -273
- Debt to Equity (x)
- 2.59x
- Interest Coverage (x)
- 1.82x
- 0.59x
- Revenue Growth %
- -28.14%
- Operating Profit Growth %
- -5.57%
- Net Profit Growth %
- 851.52%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 5.31
- Book Value (₹)
- 14.80
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.47
- Operating Margin %
- 20.10%
- Net Margin %
- 8.09%
- ROE %
- 43.53%
- ROCE %
- 26.08%
- 8.04%
- Debtor Days
- 108
- Inventory Days
- 22
- Payable Days
- 556
- -426
- Debt to Equity (x)
- 1.48x
- Interest Coverage (x)
- 3.57x
- 0.65x
- Revenue Growth %
- 4.13%
- Operating Profit Growth %
- 30.40%
- Net Profit Growth %
- 92.83%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 9.77
- Book Value (₹)
- 24.47
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 15.45
- Operating Margin %
- 21.08%
- Net Margin %
- 11.67%
- ROE %
- 49.75%
- ROCE %
- 24.69%
- 10.73%
- Debtor Days
- 110
- Inventory Days
- 16
- Payable Days
- 370
- -244
- Debt to Equity (x)
- 1.47x
- Interest Coverage (x)
- 3.71x
- 0.67x
- Revenue Growth %
- 27.67%
- Operating Profit Growth %
- 33.92%
- Net Profit Growth %
- 84.06%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 6.30
- Book Value (₹)
- 28.87
- Dividend per Share (₹)
- 1.20
- Cash EPS (₹)
- 15.07
- Operating Margin %
- 23.76%
- Net Margin %
- 6.54%
- ROE %
- 23.63%
- ROCE %
- 21.09%
- 5.46%
- Debtor Days
- 108
- Inventory Days
- 15
- Payable Days
- 434
- -311
- Debt to Equity (x)
- 1.71x
- Interest Coverage (x)
- 2.54x
- 0.67x
- Revenue Growth %
- 15.14%
- Operating Profit Growth %
- 29.77%
- Net Profit Growth %
- -35.49%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 5.42
- Book Value (₹)
- 33.31
- Dividend per Share (₹)
- 1.20
- Cash EPS (₹)
- 15.19
- Operating Margin %
- 21.10%
- Net Margin %
- 5.47%
- ROE %
- 17.42%
- ROCE %
- 15.82%
- 4.66%
- Debtor Days
- 108
- Inventory Days
- 18
- Payable Days
- 473
- -348
- Debt to Equity (x)
- 0.88x
- Interest Coverage (x)
- 2.67x
- 0.74x
- Revenue Growth %
- 2.81%
- Operating Profit Growth %
- -8.71%
- Net Profit Growth %
- -14.05%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 7.05
- Book Value (₹)
- 39.02
- Dividend per Share (₹)
- 1.80
- Cash EPS (₹)
- 17.84
- Operating Margin %
- 21.27%
- Net Margin %
- 6.18%
- ROE %
- 19.48%
- ROCE %
- 21.43%
- 6.22%
- Debtor Days
- 99
- Inventory Days
- 19
- Payable Days
- 361
- -243
- Debt to Equity (x)
- 0.61x
- Interest Coverage (x)
- 4.07x
- 0.93x
- Revenue Growth %
- 15.01%
- Operating Profit Growth %
- 15.95%
- Net Profit Growth %
- 30.10%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 8.70
- Book Value (₹)
- 45.82
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 20.87
- Operating Margin %
- 20.52%
- Net Margin %
- 6.34%
- ROE %
- 20.51%
- ROCE %
- 25.52%
- 7.39%
- Debtor Days
- 94
- Inventory Days
- 22
- Payable Days
- 355
- -240
- Debt to Equity (x)
- 0.36x
- Interest Coverage (x)
- 4.21x
- 1.20x
- Revenue Growth %
- 20.48%
- Operating Profit Growth %
- 16.20%
- Net Profit Growth %
- 23.45%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 10.37
- Book Value (₹)
- 54.15
- Dividend per Share (₹)
- 2.20
- Cash EPS (₹)
- 20.07
- Operating Margin %
- 18.73%
- Net Margin %
- 7.39%
- ROE %
- 20.75%
- ROCE %
- 27.24%
- 8.63%
- Debtor Days
- 96
- Inventory Days
- 27
- Payable Days
- 415
- -293
- Debt to Equity (x)
- 0.27x
- Interest Coverage (x)
- 5.62x
- 1.09x
- Revenue Growth %
- 2.22%
- Operating Profit Growth %
- -2.88%
- Net Profit Growth %
- 19.24%
- 19.24%
- P/E (x)
- 66.82x
- P/B (x)
- 12.80x
- Dividend Yield %
- 0.32%
- 25.51x
Mar 2025
- EPS (₹)
- 4.18
- Book Value (₹)
- 56.05
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 13.89
- Operating Margin %
- 13.97%
- Net Margin %
- 3.13%
- ROE %
- 7.58%
- ROCE %
- 15.99%
- 3.40%
- Debtor Days
- 115
- Inventory Days
- 34
- Payable Days
- 554
- -405
- Debt to Equity (x)
- 0.30x
- Interest Coverage (x)
- 4.20x
- 1.10x
- Revenue Growth %
- -4.82%
- Operating Profit Growth %
- -23.48%
- Net Profit Growth %
- -59.74%
- -59.74%
- P/E (x)
- 215.40x
- P/B (x)
- 16.05x
- Dividend Yield %
- 0.11%
- 43.46x
Mar 2026
- EPS (₹)
- 1.45
- Book Value (₹)
- 56.45
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 10.20
- Operating Margin %
- 9.49%
- Net Margin %
- 1.08%
- ROE %
- 2.59%
- ROCE %
- 5.65%
- 1.11%
- Debtor Days
- 125
- Inventory Days
- 40
- Payable Days
- 437
- -272
- Debt to Equity (x)
- 0.46x
- Interest Coverage (x)
- 1.85x
- 0.91x
- Revenue Growth %
- 0.57%
- Operating Profit Growth %
- -29.98%
- Net Profit Growth %
- -65.16%
- -65.16%
- P/E (x)
- 347.62x
- P/B (x)
- 8.96x
- Dividend Yield %
- 0.20%
- 35.65x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-17 - NELCO Limited has informed the Exchange about "Nelco Announces Strategic Partnership with Elveo to bring Next Generation Direct-to-Device and IoT Connectivity to South Asian Markets"
- General Updates
2026-08-17 - NELCO Limited has informed the Exchange about Strategic Investment in Lunar Holdco, Inc.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.