1. India Stocks

  2. •

    Electronic technology

  3. •

    Electronic production equipment
Nelco Limited

Nelco Limited

691.50
INR
-45.40
(-6.16%)
1.77EPS
525.42P/E
21.22BMarket Cap
2013 Y
2014 Y
2015 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
59.05
58.85
47.32
62.94
65.53
83.71
96.36
99.1
113.97
137.13
140.34
133.58
134.37
136.8
Basic EPS, GAAP
-7.29
0.85
-2.89
2.75
5.31
9.77
6.3
5.42
7.05
8.7
10.37
4.18
1.46
1.77
Free Cash Flow per Basic Share
7.42
10.54
- -
9.09
4.98
-14.1
-6.5
19.52
14.28
14.46
12.53
1.35
-3.51
- -
Dividend per Share
0.49
- -
- -
0.01
0.03
- -
1.77
1.19
1.19
1.78
1.99
2.11
0.98
- -
Book Value per Share
6.97
6.12
3.28
9.58
14.8
24.47
28.88
33.31
39.03
45.82
54.16
56.05
56.46
- -
Tangible Book Value per Share
6.47
5.73
3.28
9.07
13.97
23.67
28.02
32.53
37.3
43.72
52.13
54.23
54.44
- -
Basic Weighted Avg Shares
23
23
29
23
23
23
23
23
23
23
23
23
23
23
Sales/Revenue/Turnover
1,347
1,343
1,370
1,436
1,495
1,910
2,199
2,261
2,601
3,129
3,202
3,048
3,066
3,123
Operating Margin (%)
-5.64
-0.54
-0.56
8.61
11.54
13.59
14.19
10.48
11.2
11.54
11.95
7.43
3.63
3.02
Depreciation Expense
89
92
125
80
95
130
200
223
246
278
221
222
200
200
Net Income, GAAP
-166
19
-84
63
121
223
144
124
161
199
237
95
33
40
Effective Tax Rate (%)
- -
23.85
- -
9.38
20.43
- -
29.02
22.17
30.54
28.65
29.36
51.53
27.67
27.21
Profit Margin (%)
-12.34
1.44
-6.11
4.37
8.1
11.67
6.54
5.47
6.18
6.34
7.39
3.13
1.08
1.29
Working Capital
-361
-400
-468
-421
-403
-410
-580
-325
-96
242
122
147
-254
- -
LT Debt
33
5
38
16
76
339
357
338
410
386
190
69
110
- -
Total Equity
159
140
75
219
338
558
659
760
891
1,046
1,236
1,279
1,288
- -
Return on Invested Capital (%)
- -
10.11
- -
12.47
16.47
- -
13.9
10.63
11.85
15
15.89
6.34
2.8
- -
Return on Capital (%)
- -
10.43
- -
16.49
20.28
- -
14.15
10.89
12.39
15
16.27
6.76
3.58
- -
Return on Common Equity (%)
-68.64
12.99
-78.04
42.78
43.53
49.75
23.63
17.42
19.48
20.51
20.75
7.58
2.59
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
619
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
110
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
16,645
11,548
21,216

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,820
- -
Cash, Cash Equivalents & STI
- -
198
- -
Accounts Receivable, Net
- -
1,036
- -
Inventories
- -
363
- -
Total Current Liabilities
- -
2,075
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
619
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
40.21%
11.4%
0.73%
Free Cash Flow
- -
-97.54%
-359.55%
Net Income, GAAP
-9.98%
-10.42%
-65.16%
Sales/Revenue/Turnover
8.81%
6.69%
0.59%
Total Cash Common Dividend
- -
2.76%
-53.73%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
741
826
807
675
3,048
2026
748
- -
783
792
3,066
2027
800
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2
1.8
2.17
-1.79
4.18
2026
0.79
- -
-0.52
0.48
1.46
2027
1.02
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2.11
2026
- -
- -
- -
- -
0.98
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Pradip Jyoti Nath
Full Time Employees
317
Sector
Electronic technology
Industry
Electronic production equipment
Address
Plot No. EL-6, TTC Industrial Area Navi Mumbai MA India 400710
IPO Date
Oct 5, 1995
Website
nelco.in
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Business
Nelco Limited, a subsidiary of Tata Power Company Ltd, provides satellite communication solutions, including very small aperture terminal (VSAT) connectivity, satellite communication (Satcom) projects, and integrated security and surveillance systems; it offers customized end-to-end networking solutions, maintenance of private hubs and hybrid networks, in-flight and maritime communication services under its IFMC license, and advanced VSAT technology for high-speed connectivity across onshore and offshore operations. The company serves enterprise and government customers in sectors such as banking and financial services, renewable energy, mining, oil and gas, defense, and maritime, targeting business-critical applications in remote and underserved areas of India with reliable, low-latency data communications. Founded in 1940 and headquartered in Navi Mumbai, India, Nelco operates primarily within Indian territorial boundaries, holding VSAT, Internet Service Provider (ISP), and IFMC licenses from the Department of Telecommunications, Government of India, and maintains certifications including TL9000, ISO 20000-1:2011, and ISO 27001:2013. Nelco Network Products Limited functions as its wholly owned subsidiary, focusing on VSAT equipment sales and maintenance. In recent developments, the company signed an agreement in August 2025 with Eutelsat's OneWeb India Communications to deliver low earth orbit (LEO) satellite connectivity services across India, including borders, territorial waters, and remote regions for government and enterprise applications; additionally, in November 2025, it received a Unified License - Virtual Network Operator for Global Mobile Personal Communication by Satellite (UL-VNO-GMPCS) from the Department of Telecommunications, enabling VSAT service resale with a 10-year validity, while CRISIL reaffirmed its A/A1 credit ratings with a stable outlook on facilities totaling Rs 218.3 crore.