1. India Stocks

  2. •

    Electronic technology

  3. •

    Electronic production equipment
Nelco Limited

Nelco Limited

692.55
INR
-44.35
(-6.02%)
1.77EPS
525.42P/E
21.22BMarket Cap
Nelco Limited
NSE:NELCO
(National Stock Exchange of India)

Recent

price

692.55

P/E

ratio

525.42

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
69.25
57.74
70.44
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
Revenue per Share
9.81
-6.81
0.45
-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
Basic EPS, GAAP
-0.02
18.4
-14.57
7.42
10.54
- -
9.09
4.98
-14.1
-6.5
19.52
14.28
14.46
12.53
1.35
-3.51
- -
Free Cash Flow per Basic Share
- -
- -
- -
0.49
- -
- -
0.01
0.03
- -
1.77
1.19
1.19
1.78
1.99
2.11
0.98
- -
Dividend per Share
21.2
14.39
14.26
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
- -
Book Value per Share
21.2
13.58
13.58
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
- -
Tangible Book Value per Share
23
23
23
23
23
29
23
23
23
23
23
23
23
23
23
23
23
Basic Weighted Avg Shares
1,580
1,318
1,607
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
Sales/Revenue/Turnover
-6.59
-8.4
2.78
-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
Operating Margin (%)
- -
- -
88
89
92
125
80
95
130
200
223
246
278
221
222
200
200
Depreciation Expense
224
-155
10
-166
19
-84
63
121
223
144
124
161
199
237
95
33
40
Net Income, GAAP
25.15
- -
18.76
- -
23.85
- -
9.38
20.43
- -
29.02
22.17
30.54
28.65
29.36
51.53
27.67
27.21
Effective Tax Rate (%)
14.17
-11.79
0.64
-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
Profit Margin (%)
758
-61
-135
-361
-400
-468
-421
-403
-410
-580
-325
-96
242
122
147
-254
- -
Working Capital
729
23
21
33
5
38
16
76
339
357
338
410
386
190
69
110
- -
LT Debt
484
328
325
159
140
75
219
338
558
659
760
891
1,046
1,236
1,279
1,288
- -
Total Equity
25
- -
7.48
- -
10.11
- -
12.47
16.47
- -
13.9
10.63
11.85
15
15.89
6.34
2.8
- -
Return on Invested Capital (%)
25.68
- -
10.74
- -
10.43
- -
16.49
20.28
- -
14.15
10.89
12.39
15
16.27
6.76
3.58
- -
Return on Capital (%)
56.2
-38.26
3.15
-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
- -
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
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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.