Nelco Ltd.
•₹ 906.7-0.58%
2026-08-21
PROS
- Company is almost debt free
- Latest quarter profit grew 227.6% YoY, showing strong momentum
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.24x)
- Company has been maintaining a healthy dividend payout of 37.5%
- Working capital cycle has improved - days down from 19 to -43
- Company generates healthy free cash flow
CONS
- A large part of profit comes from other income (48.5% of PBT)
- Contingent liabilities are large at 72.7% of net worth
- Company has delivered a poor profit growth of -8.0% over past five years
- Operating margins have contracted to 10.5% from 22.3%
- Stock is trading at 9.1x its book value
* 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
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 56 | 54 | 58 | 55 | 53 | 50 | 51 | 51 | 47 | 49 | 50 | 53 | 55 | |
| 45 | 43 | 46 | 46 | 44 | 46 | 43 | 43 | 43 | 43 | 45 | 47 | 51 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 0 |
| Interest | 1 | 0 | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| 8 | 8 | 9 | 6 | 6 | 2 | 6 | 6 | 2 | 4 | -1 | 4 | 5 | |
| Tax % | 28.22% | 25.00% | 38.04% | 25.09% | 25.32% | 26.26% | 29.31% | 100.47% | 26.11% | 24.30% | 18.57% | 26.58% | 25.20% |
| Net Profit | 6 | 6 | 5 | 4 | 4 | 1 | 4 | -0 | 1 | 3 | -1 | 3 | 4 |
| 2 | 3 | 2 | 2 | 2 | 1 | 2 | -0 | 1 | 1 | -0 | 1 | 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
- 56
- 45
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 3
- 8
- Tax %
- 28.22%
- Net Profit
- 6
- 2
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 54
- 43
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 3
- 8
- Tax %
- 25.00%
- Net Profit
- 6
- 3
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 58
- 46
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 3
- 9
- Tax %
- 38.04%
- Net Profit
- 5
- 2
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 55
- 46
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 3
- 6
- Tax %
- 25.09%
- Net Profit
- 4
- 2
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 53
- 44
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 4
- 6
- Tax %
- 25.32%
- Net Profit
- 4
- 2
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 50
- 46
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 3
- 2
- Tax %
- 26.26%
- Net Profit
- 1
- 1
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 51
- 43
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 3
- 6
- Tax %
- 29.31%
- Net Profit
- 4
- 2
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 51
- 43
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 3
- 6
- Tax %
- 100.47%
- Net Profit
- -0
- -0
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 47
- 43
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 3
- 2
- Tax %
- 26.11%
- Net Profit
- 1
- 1
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 49
- 43
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 3
- 4
- Tax %
- 24.30%
- Net Profit
- 3
- 1
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 50
- 45
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 3
- -1
- Tax %
- 18.57%
- Net Profit
- -1
- -0
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 53
- 47
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 3
- 4
- Tax %
- 26.58%
- Net Profit
- 3
- 1
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 55
- 51
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 3
- 5
- Tax %
- 25.20%
- Net Profit
- 4
- 0
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 26 | 32 | 34 | 38 | 131 | 143 | 197 | 223 | 206 | 198 | 206 | |
| 27 | 31 | 29 | 30 | 108 | 122 | 156 | 179 | 175 | 177 | 186 | |
| Operating Profit | 6 | 4 | 7 | 11 | 25 | 24 | 44 | 46 | 35 | 25 | — |
| OPM % | 23 | 13 | 20 | 29 | 19 | 17 | 22 | 21 | 17 | 13 | — |
| Other Income | 7 | 3 | 2 | 2 | 2 | 3 | 3 | 2 | 4 | 4 | 4 |
| Interest | 7 | 5 | 4 | 5 | 4 | 3 | 4 | 3 | 2 | 1 | 1 |
| Depreciation | 0 | 1 | 1 | 1 | 8 | 8 | 11 | 13 | 13 | 13 | 13 |
| -1 | -1 | 2 | 11 | 12 | 13 | 29 | 30 | 20 | 8 | 12 | |
| Tax % | 0 | 0 | -499 | 26 | 26 | 23 | 29 | 30 | 51 | 26 | 26 |
| Net Profit | -1 | -1 | 9 | 8 | 9 | 10 | 21 | 21 | 10 | 6 | 9 |
| EPS | 3 | 4 | 8 | 6 | 5 | 5 | 9 | 9 | 4 | 3 | — |
| Dividend Payout % | 0 | 0 | 37 | 34 | 30 | 40 | 22 | 24 | 23 | 37 | — |
| 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 | -1 | -1 | 4 | 4 | 4 | 4 | 9 | 9 | 4 | 3 | — |
| 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 | -1 | -1 | 4 | 4 | 4 | 4 | 9 | 9 | 4 | 3 | — |
Mar 2017
- 26
- 27
- Operating Profit
- 6
- OPM %
- 23
- Other Income
- 7
- Interest
- 7
- Depreciation
- 0
- -1
- Tax %
- 0
- Net Profit
- -1
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2018
- 32
- 31
- Operating Profit
- 4
- OPM %
- 13
- Other Income
- 3
- Interest
- 5
- Depreciation
- 1
- -1
- Tax %
- 0
- Net Profit
- -1
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2019
- 34
- 29
- Operating Profit
- 7
- OPM %
- 20
- Other Income
- 2
- Interest
- 4
- Depreciation
- 1
- 2
- Tax %
- -499
- Net Profit
- 9
- EPS
- 8
- Dividend Payout %
- 37
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2020
- 38
- 30
- Operating Profit
- 11
- OPM %
- 29
- Other Income
- 2
- Interest
- 5
- Depreciation
- 1
- 11
- Tax %
- 26
- Net Profit
- 8
- EPS
- 6
- Dividend Payout %
- 34
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2021
- 131
- 108
- Operating Profit
- 25
- OPM %
- 19
- Other Income
- 2
- Interest
- 4
- Depreciation
- 8
- 12
- Tax %
- 26
- Net Profit
- 9
- EPS
- 5
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2022
- 143
- 122
- Operating Profit
- 24
- OPM %
- 17
- Other Income
- 3
- Interest
- 3
- Depreciation
- 8
- 13
- Tax %
- 23
- Net Profit
- 10
- EPS
- 5
- Dividend Payout %
- 40
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2023
- 197
- 156
- Operating Profit
- 44
- OPM %
- 22
- Other Income
- 3
- Interest
- 4
- Depreciation
- 11
- 29
- Tax %
- 29
- Net Profit
- 21
- EPS
- 9
- Dividend Payout %
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2024
- 223
- 179
- Operating Profit
- 46
- OPM %
- 21
- Other Income
- 2
- Interest
- 3
- Depreciation
- 13
- 30
- Tax %
- 30
- Net Profit
- 21
- EPS
- 9
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2025
- 206
- 175
- Operating Profit
- 35
- OPM %
- 17
- Other Income
- 4
- Interest
- 2
- Depreciation
- 13
- 20
- Tax %
- 51
- Net Profit
- 10
- EPS
- 4
- Dividend Payout %
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2026
- 198
- 177
- Operating Profit
- 25
- OPM %
- 13
- Other Income
- 4
- Interest
- 1
- Depreciation
- 13
- 8
- Tax %
- 26
- Net Profit
- 6
- EPS
- 3
- Dividend Payout %
- 37
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
TTM
- 206
- 186
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 1
- Depreciation
- 13
- 12
- Tax %
- 26
- Net Profit
- 9
- 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:
- 9%
- 3 Years:
- 0%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- -8%
- 3 Years:
- -34%
STOCK PRICE CAGR
- 10 Years:
- 26%
- 5 Years:
- 11%
- 3 Years:
- 5%
- 1 Year:
- 9%
RETURN ON EQUITY
- 10 Years:
- 11%
- 5 Years:
- 14%
- 3 Years:
- 11%
- Last Year:
- 5%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| -8 | 2 | 19 | 29 | 54 | 62 | 78 | 95 | 100 | 103 | |
| 50 | 35 | 33 | 37 | 17 | 18 | 0 | 0 | 0 | 0 | |
| Trade Payables | 20 | 3 | 2 | 2 | 13 | 13 | 12 | 14 | 7 | 12 |
| 28 | 57 | 111 | 120 | 150 | 51 | 73 | 69 | 55 | 77 | |
| Total Liabilities | 112 | 120 | 188 | 210 | 256 | 166 | 187 | 200 | 184 | 215 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 19 | 3 | 3 | 2 | 42 | 55 | 66 | 66 | 61 | 59 | |
| Capital Work in Progress | 3 | 0 | 0 | 0 | 4 | 2 | 1 | 9 | 7 | 39 |
| 6 | 6 | 5 | 5 | 0 | 30 | 30 | 33 | 33 | 33 | |
| 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38 | 40 | 43 | |
| Cash & Bank | 3 | 2 | 3 | 6 | 9 | 5 | 13 | 20 | 15 | 20 |
| 72 | 109 | 177 | 197 | 201 | 73 | 77 | 34 | 29 | 20 | |
| Total Assets | 112 | 120 | 188 | 210 | 256 | 166 | 187 | 200 | 184 | 215 |
| Total Debt | 50 | 35 | 33 | 37 | 19 | 18 | 16 | 0 | 0 | 0 |
| Net Working Capital | -33 | -24 | -16 | -18 | -23 | -16 | 10 | 0 | 11 | -23 |
| Contingent Liabilities | 42 | 55 | 76 | 68 | 47 | 88 | 114 | 113 | 104 | 92 |
| Book Value per Share | 6.54 | 10.74 | 18.41 | 22.51 | 33.64 | 37.06 | 44.32 | 51.60 | 53.64 | 55.28 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 50 | 35 | 33 | 37 | 19 | 18 | 16 | 0 | 0 | 0 |
| Net Working Capital | -33 | -24 | -16 | -18 | -23 | -16 | 10 | 0 | 11 | -23 |
| Contingent Liabilities | 42 | 55 | 76 | 68 | 47 | 88 | 114 | 113 | 104 | 92 |
| Book Value per Share | 6.54 | 10.74 | 18.41 | 22.51 | 33.64 | 37.06 | 44.32 | 51.60 | 53.64 | 55.28 |
| 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
- -8
- 50
- Trade Payables
- 20
- 28
- Total Liabilities
- 112
- 19
- Capital Work in Progress
- 3
- 6
- 9
- 0
- Cash & Bank
- 3
- 72
- Total Assets
- 112
- Total Debt
- 50
- Net Working Capital
- -33
- Contingent Liabilities
- 42
- Book Value per Share
- 6.54
- Face Value
- 10.00
- Total Debt
- 50
- Net Working Capital
- -33
- Contingent Liabilities
- 42
- Book Value per Share
- 6.54
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 23
- 2
- 35
- Trade Payables
- 3
- 57
- Total Liabilities
- 120
- 3
- Capital Work in Progress
- 0
- 6
- 0
- 0
- Cash & Bank
- 2
- 109
- Total Assets
- 120
- Total Debt
- 35
- Net Working Capital
- -24
- Contingent Liabilities
- 55
- Book Value per Share
- 10.74
- Face Value
- 10.00
- Total Debt
- 35
- Net Working Capital
- -24
- Contingent Liabilities
- 55
- Book Value per Share
- 10.74
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 23
- 19
- 33
- Trade Payables
- 2
- 111
- Total Liabilities
- 188
- 3
- Capital Work in Progress
- 0
- 5
- 0
- 0
- Cash & Bank
- 3
- 177
- Total Assets
- 188
- Total Debt
- 33
- Net Working Capital
- -16
- Contingent Liabilities
- 76
- Book Value per Share
- 18.41
- Face Value
- 10.00
- Total Debt
- 33
- Net Working Capital
- -16
- Contingent Liabilities
- 76
- Book Value per Share
- 18.41
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 23
- 29
- 37
- Trade Payables
- 2
- 120
- Total Liabilities
- 210
- 2
- Capital Work in Progress
- 0
- 5
- 0
- 0
- Cash & Bank
- 6
- 197
- Total Assets
- 210
- Total Debt
- 37
- Net Working Capital
- -18
- Contingent Liabilities
- 68
- Book Value per Share
- 22.51
- Face Value
- 10.00
- Total Debt
- 37
- Net Working Capital
- -18
- Contingent Liabilities
- 68
- Book Value per Share
- 22.51
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 23
- 54
- 17
- Trade Payables
- 13
- 150
- Total Liabilities
- 256
- 42
- Capital Work in Progress
- 4
- 0
- 0
- 0
- Cash & Bank
- 9
- 201
- Total Assets
- 256
- Total Debt
- 19
- Net Working Capital
- -23
- Contingent Liabilities
- 47
- Book Value per Share
- 33.64
- Face Value
- 10.00
- Total Debt
- 19
- Net Working Capital
- -23
- Contingent Liabilities
- 47
- Book Value per Share
- 33.64
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 23
- 62
- 18
- Trade Payables
- 13
- 51
- Total Liabilities
- 166
- 55
- Capital Work in Progress
- 2
- 30
- 0
- 0
- Cash & Bank
- 5
- 73
- Total Assets
- 166
- Total Debt
- 18
- Net Working Capital
- -16
- Contingent Liabilities
- 88
- Book Value per Share
- 37.06
- Face Value
- 10.00
- Total Debt
- 18
- Net Working Capital
- -16
- Contingent Liabilities
- 88
- Book Value per Share
- 37.06
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 23
- 78
- 0
- Trade Payables
- 12
- 73
- Total Liabilities
- 187
- 66
- Capital Work in Progress
- 1
- 30
- 0
- 0
- Cash & Bank
- 13
- 77
- Total Assets
- 187
- Total Debt
- 16
- Net Working Capital
- 10
- Contingent Liabilities
- 114
- Book Value per Share
- 44.32
- Face Value
- 10.00
- Total Debt
- 16
- Net Working Capital
- 10
- Contingent Liabilities
- 114
- Book Value per Share
- 44.32
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 23
- 95
- 0
- Trade Payables
- 14
- 69
- Total Liabilities
- 200
- 66
- Capital Work in Progress
- 9
- 33
- 0
- 38
- Cash & Bank
- 20
- 34
- Total Assets
- 200
- Total Debt
- 0
- Net Working Capital
- 0
- Contingent Liabilities
- 113
- Book Value per Share
- 51.60
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 0
- Contingent Liabilities
- 113
- Book Value per Share
- 51.60
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 23
- 100
- 0
- Trade Payables
- 7
- 55
- Total Liabilities
- 184
- 61
- Capital Work in Progress
- 7
- 33
- 0
- 40
- Cash & Bank
- 15
- 29
- Total Assets
- 184
- Total Debt
- 0
- Net Working Capital
- 11
- Contingent Liabilities
- 104
- Book Value per Share
- 53.64
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 11
- Contingent Liabilities
- 104
- Book Value per Share
- 53.64
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 23
- 103
- 0
- Trade Payables
- 12
- 77
- Total Liabilities
- 215
- 59
- Capital Work in Progress
- 39
- 33
- 0
- 43
- Cash & Bank
- 20
- 20
- Total Assets
- 215
- Total Debt
- 0
- Net Working Capital
- -23
- Contingent Liabilities
- 92
- Book Value per Share
- 55.28
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- -23
- Contingent Liabilities
- 92
- Book Value per Share
- 55.28
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 27 | 17 | 12 | 11 | 48 | 12 | 40 | 49 | 12 | 22 | |
| Cash from Investing | 9 | -3 | -37 | -20 | -15 | -9 | -22 | -16 | -9 | -12 |
| Cash from Financing | -41 | -10 | 26 | 5 | -44 | -7 | -10 | -25 | -9 | -5 |
| -5 | 4 | 1 | -5 | -11 | -4 | 8 | 7 | -6 | 6 | |
| Free Cash Flow | 16 | 17 | 11 | 11 | -24 | -8 | 20 | 29 | 8 | -19 |
| OCF / Net Profit | -20.58 | -13.79 | 1.27 | 1.33 | 5.16 | 1.16 | 1.91 | 2.28 | 1.27 | 3.68 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 31 | 7 | 10 | 28 | 25 | 29 |
| OCF / Net Profit | -20.58 | -13.79 | 1.27 | 1.33 | 5.16 | 1.16 | 1.91 | 2.28 | 1.27 | 3.68 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 31 | 7 | 10 | 28 | 25 | 29 |
Mar 2017
- 27
- Cash from Investing
- 9
- Cash from Financing
- -41
- -5
- Free Cash Flow
- 16
- OCF / Net Profit
- -20.58
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -20.58
- Cumulative 5-Year FCF
- 0
Mar 2018
- 17
- Cash from Investing
- -3
- Cash from Financing
- -10
- 4
- Free Cash Flow
- 17
- OCF / Net Profit
- -13.79
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -13.79
- Cumulative 5-Year FCF
- 0
Mar 2019
- 12
- Cash from Investing
- -37
- Cash from Financing
- 26
- 1
- Free Cash Flow
- 11
- OCF / Net Profit
- 1.27
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.27
- Cumulative 5-Year FCF
- 0
Mar 2020
- 11
- Cash from Investing
- -20
- Cash from Financing
- 5
- -5
- Free Cash Flow
- 11
- OCF / Net Profit
- 1.33
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.33
- Cumulative 5-Year FCF
- 0
Mar 2021
- 48
- Cash from Investing
- -15
- Cash from Financing
- -44
- -11
- Free Cash Flow
- -24
- OCF / Net Profit
- 5.16
- Cumulative 5-Year FCF
- 31
- OCF / Net Profit
- 5.16
- Cumulative 5-Year FCF
- 31
Mar 2022
- 12
- Cash from Investing
- -9
- Cash from Financing
- -7
- -4
- Free Cash Flow
- -8
- OCF / Net Profit
- 1.16
- Cumulative 5-Year FCF
- 7
- OCF / Net Profit
- 1.16
- Cumulative 5-Year FCF
- 7
Mar 2023
- 40
- Cash from Investing
- -22
- Cash from Financing
- -10
- 8
- Free Cash Flow
- 20
- OCF / Net Profit
- 1.91
- Cumulative 5-Year FCF
- 10
- OCF / Net Profit
- 1.91
- Cumulative 5-Year FCF
- 10
Mar 2024
- 49
- Cash from Investing
- -16
- Cash from Financing
- -25
- 7
- Free Cash Flow
- 29
- OCF / Net Profit
- 2.28
- Cumulative 5-Year FCF
- 28
- OCF / Net Profit
- 2.28
- Cumulative 5-Year FCF
- 28
Mar 2025
- 12
- Cash from Investing
- -9
- Cash from Financing
- -9
- -6
- Free Cash Flow
- 8
- OCF / Net Profit
- 1.27
- Cumulative 5-Year FCF
- 25
- OCF / Net Profit
- 1.27
- Cumulative 5-Year FCF
- 25
Mar 2026
- 22
- Cash from Investing
- -12
- Cash from Financing
- -5
- 6
- Free Cash Flow
- -19
- OCF / Net Profit
- 3.68
- Cumulative 5-Year FCF
- 29
- OCF / Net Profit
- 3.68
- Cumulative 5-Year FCF
- 29
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -0.57 | -0.54 | 4.10 | 3.58 | 4.05 | 4.48 | 9.15 | 9.32 | 4.30 | 2.67 |
| Book Value (₹) | 6.54 | 10.74 | 18.41 | 22.51 | 33.64 | 37.06 | 44.32 | 51.60 | 53.64 | 55.28 |
| 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 (₹) | -0.43 | -0.27 | 4.50 | 3.90 | 7.59 | 8.14 | 13.82 | 14.95 | 9.83 | 8.27 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 22.89% | 13.04% | 20.49% | 29.14% | 19.04% | 16.99% | 22.28% | 19.64% | 14.89% | 10.54% |
| Net Margin % | -5.02% | -3.86% | 27.85% | 21.31% | 7.05% | 7.14% | 10.60% | 9.55% | 4.77% | 3.08% |
| ROE % | -11.02% | -6.24% | 28.11% | 17.50% | 14.42% | 12.67% | 22.49% | 19.43% | 8.17% | 4.90% |
| ROCE % | 7.30% | 5.70% | 8.85% | 19.69% | 18.32% | 16.17% | 30.30% | 28.29% | 18.26% | 7.79% |
| -1.07% | -1.10% | 6.07% | 4.10% | 3.96% | 4.84% | 11.84% | 10.98% | 5.10% | 3.05% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 498 | 226 | 101 | 120 | 51 | 71 | 70 | 65 | 69 | 77 |
| Inventory Days | 121 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8928 |
| 619 | 226 | 101 | 120 | 51 | 71 | 70 | 65 | 69 | -8852 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 3.35x | 1.44x | 0.78x | 0.73x | 0.24x | 0.21x | 0.16x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 0.81x | 0.74x | 1.36x | 3.17x | 3.85x | 5.96x | 8.53x | 11.01x | 10.91x | 6.77x |
| 0.61x | 0.44x | 0.61x | 0.62x | 0.60x | 0.75x | 1.18x | 1.00x | 1.15x | 0.78x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -80.71% | -64.89% | 5.24% | 14.18% | 242.08% | 9.18% | 37.64% | 13.01% | -7.66% | -3.86% |
| Operating Profit Growth % | -68.10% | -69.94% | 65.38% | 62.35% | 123.46% | -2.56% | 80.51% | 5.01% | -25.03% | -28.12% |
| Net Profit Growth % | -486.36% | -118.44% | 860.16% | -12.62% | 13.10% | 10.61% | 104.31% | 1.87% | -53.88% | -37.92% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.87% | -53.88% | -37.92% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 74.36x | 209.25x | 189.51x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 13.43x | 16.77x | 9.15x |
| 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 | 33.87x | 58.97x | 45.65x |
Mar 2017
- EPS (₹)
- -0.57
- Book Value (₹)
- 6.54
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.43
- Operating Margin %
- 22.89%
- Net Margin %
- -5.02%
- ROE %
- -11.02%
- ROCE %
- 7.30%
- -1.07%
- Debtor Days
- 498
- Inventory Days
- 121
- Payable Days
- 0
- 619
- Debt to Equity (x)
- 3.35x
- Interest Coverage (x)
- 0.81x
- 0.61x
- Revenue Growth %
- -80.71%
- Operating Profit Growth %
- -68.10%
- Net Profit Growth %
- -486.36%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -0.54
- Book Value (₹)
- 10.74
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.27
- Operating Margin %
- 13.04%
- Net Margin %
- -3.86%
- ROE %
- -6.24%
- ROCE %
- 5.70%
- -1.10%
- Debtor Days
- 226
- Inventory Days
- 0
- Payable Days
- 0
- 226
- Debt to Equity (x)
- 1.44x
- Interest Coverage (x)
- 0.74x
- 0.44x
- Revenue Growth %
- -64.89%
- Operating Profit Growth %
- -69.94%
- Net Profit Growth %
- -118.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 4.10
- Book Value (₹)
- 18.41
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 4.50
- Operating Margin %
- 20.49%
- Net Margin %
- 27.85%
- ROE %
- 28.11%
- ROCE %
- 8.85%
- 6.07%
- Debtor Days
- 101
- Inventory Days
- 0
- Payable Days
- 0
- 101
- Debt to Equity (x)
- 0.78x
- Interest Coverage (x)
- 1.36x
- 0.61x
- Revenue Growth %
- 5.24%
- Operating Profit Growth %
- 65.38%
- Net Profit Growth %
- 860.16%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 3.58
- Book Value (₹)
- 22.51
- Dividend per Share (₹)
- 1.20
- Cash EPS (₹)
- 3.90
- Operating Margin %
- 29.14%
- Net Margin %
- 21.31%
- ROE %
- 17.50%
- ROCE %
- 19.69%
- 4.10%
- Debtor Days
- 120
- Inventory Days
- 0
- Payable Days
- 0
- 120
- Debt to Equity (x)
- 0.73x
- Interest Coverage (x)
- 3.17x
- 0.62x
- Revenue Growth %
- 14.18%
- Operating Profit Growth %
- 62.35%
- Net Profit Growth %
- -12.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 4.05
- Book Value (₹)
- 33.64
- Dividend per Share (₹)
- 1.20
- Cash EPS (₹)
- 7.59
- Operating Margin %
- 19.04%
- Net Margin %
- 7.05%
- ROE %
- 14.42%
- ROCE %
- 18.32%
- 3.96%
- Debtor Days
- 51
- Inventory Days
- 0
- Payable Days
- 0
- 51
- Debt to Equity (x)
- 0.24x
- Interest Coverage (x)
- 3.85x
- 0.60x
- Revenue Growth %
- 242.08%
- Operating Profit Growth %
- 123.46%
- Net Profit Growth %
- 13.10%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 4.48
- Book Value (₹)
- 37.06
- Dividend per Share (₹)
- 1.80
- Cash EPS (₹)
- 8.14
- Operating Margin %
- 16.99%
- Net Margin %
- 7.14%
- ROE %
- 12.67%
- ROCE %
- 16.17%
- 4.84%
- Debtor Days
- 71
- Inventory Days
- 0
- Payable Days
- 0
- 71
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 5.96x
- 0.75x
- Revenue Growth %
- 9.18%
- Operating Profit Growth %
- -2.56%
- Net Profit Growth %
- 10.61%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 9.15
- Book Value (₹)
- 44.32
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 13.82
- Operating Margin %
- 22.28%
- Net Margin %
- 10.60%
- ROE %
- 22.49%
- ROCE %
- 30.30%
- 11.84%
- Debtor Days
- 70
- Inventory Days
- 0
- Payable Days
- 0
- 70
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 8.53x
- 1.18x
- Revenue Growth %
- 37.64%
- Operating Profit Growth %
- 80.51%
- Net Profit Growth %
- 104.31%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 9.32
- Book Value (₹)
- 51.60
- Dividend per Share (₹)
- 2.20
- Cash EPS (₹)
- 14.95
- Operating Margin %
- 19.64%
- Net Margin %
- 9.55%
- ROE %
- 19.43%
- ROCE %
- 28.29%
- 10.98%
- Debtor Days
- 65
- Inventory Days
- 0
- Payable Days
- 0
- 65
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 11.01x
- 1.00x
- Revenue Growth %
- 13.01%
- Operating Profit Growth %
- 5.01%
- Net Profit Growth %
- 1.87%
- 1.87%
- P/E (x)
- 74.36x
- P/B (x)
- 13.43x
- Dividend Yield %
- 0.32%
- 33.87x
Mar 2025
- EPS (₹)
- 4.30
- Book Value (₹)
- 53.64
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 9.83
- Operating Margin %
- 14.89%
- Net Margin %
- 4.77%
- ROE %
- 8.17%
- ROCE %
- 18.26%
- 5.10%
- Debtor Days
- 69
- Inventory Days
- 0
- Payable Days
- 0
- 69
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 10.91x
- 1.15x
- Revenue Growth %
- -7.66%
- Operating Profit Growth %
- -25.03%
- Net Profit Growth %
- -53.88%
- -53.88%
- P/E (x)
- 209.25x
- P/B (x)
- 16.77x
- Dividend Yield %
- 0.11%
- 58.97x
Mar 2026
- EPS (₹)
- 2.67
- Book Value (₹)
- 55.28
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 8.27
- Operating Margin %
- 10.54%
- Net Margin %
- 3.08%
- ROE %
- 4.90%
- ROCE %
- 7.79%
- 3.05%
- Debtor Days
- 77
- Inventory Days
- 0
- Payable Days
- 8928
- -8852
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 6.77x
- 0.78x
- Revenue Growth %
- -3.86%
- Operating Profit Growth %
- -28.12%
- Net Profit Growth %
- -37.92%
- -37.92%
- P/E (x)
- 189.51x
- P/B (x)
- 9.15x
- Dividend Yield %
- 0.20%
- 45.65x
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.