Share Price and Basic Stock Data
Last Updated: October 17, 2025, 9:44 pm
| PEG Ratio | -29.10 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
NELCO Ltd operates in the telecom equipment industry, where it reported revenues of ₹313 Cr for the fiscal year ending March 2023, marking a growth from ₹260 Cr in the previous year. However, the company’s sales showed fluctuations in the quarterly results, with a peak of ₹83.24 Cr in December 2023 and a subsequent decline to ₹67.52 Cr by March 2025. The operating profit margin (OPM) displayed some volatility, peaking at 20.52% in March 2023 before declining to 9.54% in March 2025. This fluctuation in revenue and margins indicates a challenging market environment and operational pressures. The company’s sales for the trailing twelve months (TTM) stood at ₹306 Cr, reflecting a slight decline from the previous year’s ₹313 Cr. Overall, while NELCO has shown growth in the past few years, the recent quarterly results suggest a need for strategic adjustments to stabilize revenues.
Profitability and Efficiency Metrics
The profitability metrics of NELCO Ltd present a mixed picture. The return on equity (ROE) was reported at 7.63% while the return on capital employed (ROCE) stood at 14.4%, both of which are relatively modest compared to industry benchmarks. The operating profit margin varied throughout the quarters, with a high of 20.52% in March 2023 but falling to 9.54% in March 2025, indicating potential inefficiencies or increased costs. The interest coverage ratio (ICR) was a solid 9.40x, suggesting that NELCO is comfortably able to cover its interest obligations. However, the cash conversion cycle (CCC) of -90 days points to efficient working capital management, allowing the company to convert its investments into cash quickly. Despite these strengths, the declining margins and lower net profit of ₹10 Cr for the fiscal year ending March 2025 underscore the need for improved cost control and operational efficiencies.
Balance Sheet Strength and Financial Ratios
NELCO Ltd’s balance sheet reflects a relatively conservative financial structure, with total borrowings reported at ₹53 Cr against reserves of ₹105 Cr. The debt-to-equity ratio is low at 0.26, indicating a lower reliance on debt financing, which is favorable for financial stability. The company’s book value per share has increased to ₹54.15 in March 2024 from ₹39.02 in March 2022, showcasing a strengthening equity position. Liquidity ratios are also robust, with a current ratio of 1.09 and a quick ratio of 0.90, suggesting that NELCO can meet its short-term liabilities. However, the price-to-book value (P/BV) ratio of 12.80x appears elevated compared to typical industry ranges, indicating that investors are paying a premium for the company’s stock. This high valuation could pose a risk if the company fails to deliver consistent earnings growth.
Shareholding Pattern and Investor Confidence
NELCO Ltd’s shareholding pattern reveals a stable ownership structure with promoters holding 50.09% of the company. This stability is complemented by a gradual increase in public shareholding, which rose to 44.91% as of June 2025. Foreign institutional investors (FIIs) have a modest stake of 4.64%, while domestic institutional investors (DIIs) hold a mere 0.12%. The number of shareholders increased to 70,299, indicating growing interest among retail investors. Despite this positive trend, the low institutional ownership may suggest limited confidence from larger investment entities. The consistent promoter holding combined with a rising public stake could be interpreted as a sign of long-term confidence in the company’s vision and strategy. However, the relatively low FII and DII participation may raise concerns about broader market acceptance.
Outlook, Risks, and Final Insight
If NELCO Ltd manages to sustain its revenue growth while controlling costs, it could improve profitability metrics and regain investor confidence. However, the company faces risks from fluctuating margins and a competitive telecom equipment market, which may pressure pricing and profitability. The high P/BV ratio could also deter new investors if growth does not materialize as anticipated. Additionally, the reliance on a limited number of shareholders for support may pose risks if market sentiment shifts. The company needs to focus on enhancing operational efficiencies and exploring new revenue streams to mitigate these risks. Should NELCO successfully navigate these challenges, it could solidify its position in the telecom equipment sector and expand its market share.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of NELCO Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Munoth Communication Ltd | 8.59 Cr. | 8.90 | 21.1/8.47 | 14.9 | 0.00 % | 1.61 % | 4.27 % | 10.0 | |
| Indus Towers Ltd | 92,692 Cr. | 344 | 430/313 | 9.51 | 121 | 0.00 % | 29.0 % | 32.5 % | 10.0 |
| Avantel Ltd | 5,053 Cr. | 191 | 215/90.3 | 89.5 | 9.36 | 0.10 % | 37.0 % | 28.6 % | 2.00 |
| ADC India Communications Ltd | 723 Cr. | 1,573 | 2,090/901 | 32.2 | 152 | 1.91 % | 46.6 % | 34.7 % | 10.0 |
| Shyam Telecom Ltd | 14.9 Cr. | 13.1 | 35.0/11.4 | 24.9 | 0.00 % | % | % | 10.0 | |
| Industry Average | 15,138.60 Cr | 353.50 | 155.27 | 45.43 | 0.19% | 16.26% | 16.24% | 8.17 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 81.68 | 75.44 | 74.23 | 81.98 | 78.80 | 76.65 | 83.24 | 81.61 | 74.08 | 82.55 | 80.72 | 67.52 | 74.79 |
| Expenses | 67.09 | 61.25 | 59.10 | 65.16 | 64.36 | 62.74 | 66.92 | 66.89 | 61.76 | 71.71 | 68.54 | 61.08 | 67.05 |
| Operating Profit | 14.59 | 14.19 | 15.13 | 16.82 | 14.44 | 13.91 | 16.32 | 14.72 | 12.32 | 10.84 | 12.18 | 6.44 | 7.74 |
| OPM % | 17.86% | 18.81% | 20.38% | 20.52% | 18.32% | 18.15% | 19.61% | 18.04% | 16.63% | 13.13% | 15.09% | 9.54% | 10.35% |
| Other Income | 0.29 | 0.74 | 0.72 | 0.85 | 0.38 | 0.44 | 1.13 | 0.88 | 0.16 | 1.19 | 1.57 | 2.64 | 0.76 |
| Interest | 1.93 | 1.93 | 1.80 | 2.07 | 1.54 | 1.68 | 1.91 | 1.44 | 1.08 | 1.41 | 1.51 | 1.52 | 1.18 |
| Depreciation | 6.28 | 6.71 | 6.84 | 7.95 | 5.22 | 5.12 | 5.85 | 5.95 | 5.29 | 5.18 | 5.26 | 6.43 | 4.92 |
| Profit before tax | 6.67 | 6.29 | 7.21 | 7.65 | 8.06 | 7.55 | 9.69 | 8.21 | 6.11 | 5.44 | 6.98 | 1.13 | 2.40 |
| Tax % | 29.24% | 28.93% | 30.65% | 26.01% | 28.91% | 24.64% | 36.53% | 25.70% | 25.37% | 24.63% | 29.08% | 461.06% | 25.00% |
| Net Profit | 4.72 | 4.47 | 5.00 | 5.66 | 5.73 | 5.69 | 6.15 | 6.10 | 4.56 | 4.10 | 4.95 | -4.08 | 1.80 |
| EPS in Rs | 2.07 | 1.96 | 2.19 | 2.48 | 2.51 | 2.49 | 2.70 | 2.67 | 2.00 | 1.80 | 2.17 | -1.79 | 0.79 |
Last Updated: August 1, 2025, 4:25 pm
Below is a detailed analysis of the quarterly data for NELCO Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 74.79 Cr.. The value appears strong and on an upward trend. It has increased from 67.52 Cr. (Mar 2025) to 74.79 Cr., marking an increase of 7.27 Cr..
- For Expenses, as of Jun 2025, the value is 67.05 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 61.08 Cr. (Mar 2025) to 67.05 Cr., marking an increase of 5.97 Cr..
- For Operating Profit, as of Jun 2025, the value is 7.74 Cr.. The value appears strong and on an upward trend. It has increased from 6.44 Cr. (Mar 2025) to 7.74 Cr., marking an increase of 1.30 Cr..
- For OPM %, as of Jun 2025, the value is 10.35%. The value appears strong and on an upward trend. It has increased from 9.54% (Mar 2025) to 10.35%, marking an increase of 0.81%.
- For Other Income, as of Jun 2025, the value is 0.76 Cr.. The value appears to be declining and may need further review. It has decreased from 2.64 Cr. (Mar 2025) to 0.76 Cr., marking a decrease of 1.88 Cr..
- For Interest, as of Jun 2025, the value is 1.18 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1.52 Cr. (Mar 2025) to 1.18 Cr., marking a decrease of 0.34 Cr..
- For Depreciation, as of Jun 2025, the value is 4.92 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 6.43 Cr. (Mar 2025) to 4.92 Cr., marking a decrease of 1.51 Cr..
- For Profit before tax, as of Jun 2025, the value is 2.40 Cr.. The value appears strong and on an upward trend. It has increased from 1.13 Cr. (Mar 2025) to 2.40 Cr., marking an increase of 1.27 Cr..
- For Tax %, as of Jun 2025, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 461.06% (Mar 2025) to 25.00%, marking a decrease of 436.06%.
- For Net Profit, as of Jun 2025, the value is 1.80 Cr.. The value appears strong and on an upward trend. It has increased from -4.08 Cr. (Mar 2025) to 1.80 Cr., marking an increase of 5.88 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.79. The value appears strong and on an upward trend. It has increased from -1.79 (Mar 2025) to 0.79, marking an increase of 2.58.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: July 22, 2025, 3:19 pm
| Metric | Sep 2013 | Sep 2014 | Mar 2016n n 18m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 135 | 123 | 200 | 144 | 150 | 191 | 220 | 226 | 260 | 313 | 320 | 305 | 306 |
| Expenses | 133 | 124 | 178 | 125 | 124 | 155 | 170 | 181 | 209 | 252 | 260 | 262 | 268 |
| Operating Profit | 2 | -1 | 22 | 18 | 25 | 36 | 50 | 45 | 51 | 62 | 60 | 43 | 37 |
| OPM % | 1% | -1% | 11% | 13% | 17% | 19% | 23% | 20% | 19% | 20% | 19% | 14% | 12% |
| Other Income | 0 | 19 | 5 | 5 | 6 | 4 | 4 | 3 | 5 | 3 | 3 | 5 | 6 |
| Interest | 10 | 7 | 13 | 8 | 6 | 7 | 13 | 10 | 8 | 9 | 7 | 6 | 6 |
| Depreciation | 9 | 9 | 11 | 8 | 9 | 13 | 20 | 22 | 25 | 28 | 22 | 22 | 22 |
| Profit before tax | -17 | 2 | 2 | 7 | 15 | 20 | 20 | 16 | 23 | 28 | 34 | 20 | 16 |
| Tax % | -2% | 24% | 0% | 9% | 20% | -11% | 29% | 22% | 31% | 29% | 29% | 52% | |
| Net Profit | -17 | 2 | 2 | 6 | 12 | 22 | 14 | 12 | 16 | 20 | 24 | 10 | 7 |
| EPS in Rs | -7.29 | 0.85 | 0.97 | 2.75 | 5.31 | 9.77 | 6.30 | 5.42 | 7.05 | 8.70 | 10.37 | 4.18 | 2.97 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 15% | 19% | 22% | 26% | 23% | 21% | 24% |
YoY Net Profit Growth
| Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 100.00% | 83.33% | -36.36% | -14.29% | 33.33% | 25.00% | 20.00% | -58.33% |
| Change in YoY Net Profit Growth (%) | 0.00% | -16.67% | -119.70% | 22.08% | 47.62% | -8.33% | -5.00% | -78.33% |
NELCO Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2017-2018 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 7% |
| 3 Years: | 5% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | -7% |
| 3 Years: | -16% |
| TTM: | -70% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 32% |
| 3 Years: | -7% |
| 1 Year: | -37% |
| Return on Equity | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 17% |
| 3 Years: | 16% |
| Last Year: | 8% |
Last Updated: September 5, 2025, 11:40 am
Balance Sheet
Last Updated: May 13, 2025, 3:01 pm
| Month | Sep 2013 | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | -7 | -6 | -7 | -1 | 11 | 33 | 43 | 53 | 66 | 82 | 101 | 105 |
| Borrowings | 81 | 66 | 85 | 57 | 50 | 82 | 121 | 90 | 81 | 63 | 57 | 53 |
| Other Liabilities | 67 | 63 | 55 | 52 | 78 | 99 | 93 | 72 | 93 | 95 | 102 | 107 |
| Total Liabilities | 164 | 146 | 156 | 131 | 162 | 237 | 280 | 238 | 263 | 262 | 282 | 287 |
| Fixed Assets | 37 | 35 | 28 | 36 | 51 | 87 | 117 | 108 | 110 | 95 | 87 | 78 |
| CWIP | 1 | 3 | 6 | 3 | 5 | 17 | 3 | 4 | 3 | 1 | 10 | 9 |
| Investments | 8 | 8 | 9 | 5 | 6 | 0 | 0 | 0 | 0 | 0 | 4 | 4 |
| Other Assets | 118 | 99 | 113 | 87 | 101 | 134 | 160 | 126 | 150 | 165 | 181 | 197 |
| Total Assets | 164 | 146 | 156 | 131 | 162 | 237 | 280 | 238 | 263 | 262 | 282 | 287 |
Below is a detailed analysis of the balance sheet data for NELCO Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 23.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 23.00 Cr..
- For Reserves, as of Mar 2025, the value is 105.00 Cr.. The value appears strong and on an upward trend. It has increased from 101.00 Cr. (Mar 2024) to 105.00 Cr., marking an increase of 4.00 Cr..
- For Borrowings, as of Mar 2025, the value is 53.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 57.00 Cr. (Mar 2024) to 53.00 Cr., marking a decrease of 4.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 107.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 102.00 Cr. (Mar 2024) to 107.00 Cr., marking an increase of 5.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 287.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 282.00 Cr. (Mar 2024) to 287.00 Cr., marking an increase of 5.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 78.00 Cr.. The value appears to be declining and may need further review. It has decreased from 87.00 Cr. (Mar 2024) to 78.00 Cr., marking a decrease of 9.00 Cr..
- For CWIP, as of Mar 2025, the value is 9.00 Cr.. The value appears to be declining and may need further review. It has decreased from 10.00 Cr. (Mar 2024) to 9.00 Cr., marking a decrease of 1.00 Cr..
- For Investments, as of Mar 2025, the value is 4.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 4.00 Cr..
- For Other Assets, as of Mar 2025, the value is 197.00 Cr.. The value appears strong and on an upward trend. It has increased from 181.00 Cr. (Mar 2024) to 197.00 Cr., marking an increase of 16.00 Cr..
- For Total Assets, as of Mar 2025, the value is 287.00 Cr.. The value appears strong and on an upward trend. It has increased from 282.00 Cr. (Mar 2024) to 287.00 Cr., marking an increase of 5.00 Cr..
Notably, the Reserves (105.00 Cr.) exceed the Borrowings (53.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2016n n 18m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2013 | Sep 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 22.00 | -39.00 | -25.00 | -46.00 | -71.00 | -45.00 | -30.00 | -1.00 | 3.00 | -10.00 | -79.00 | -67.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Sep 2013 | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 152 | 114 | 79 | 85 | 134 | 115 | 117 | 102 | 109 | 96 | 97 | 128 |
| Inventory Days | 132 | 145 | 69 | 130 | 176 | 85 | 123 | 148 | 129 | 153 | 268 | 415 |
| Days Payable | 292 | 341 | 268 | 340 | 644 | 391 | 443 | 455 | 437 | 324 | 364 | 632 |
| Cash Conversion Cycle | -8 | -81 | -120 | -125 | -334 | -191 | -203 | -205 | -198 | -75 | 0 | -90 |
| Working Capital Days | -109 | -131 | -94 | -116 | -109 | -89 | -119 | 22 | -36 | 9 | -12 | 0 |
| ROCE % | -6% | 5% | 15% | 17% | 26% | 25% | 20% | 14% | 18% | 22% | 23% | 14% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 4.18 | 10.37 | 8.70 | 7.05 | 5.42 |
| Diluted EPS (Rs.) | 4.18 | 10.37 | 8.70 | 7.05 | 5.42 |
| Cash EPS (Rs.) | 13.80 | 19.87 | 20.87 | 17.84 | 15.19 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 56.05 | 54.15 | 45.81 | 39.02 | 33.21 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 56.05 | 54.15 | 45.81 | 39.02 | 33.21 |
| Revenue From Operations / Share (Rs.) | 133.60 | 140.36 | 137.30 | 113.97 | 99.09 |
| PBDIT / Share (Rs.) | 20.66 | 27.06 | 27.75 | 24.24 | 20.91 |
| PBIT / Share (Rs.) | 10.95 | 17.36 | 15.58 | 13.44 | 11.13 |
| PBT / Share (Rs.) | 8.53 | 14.48 | 12.19 | 10.14 | 6.96 |
| Net Profit / Share (Rs.) | 4.09 | 10.17 | 8.70 | 7.05 | 5.42 |
| NP After MI And SOA / Share (Rs.) | 4.18 | 10.37 | 8.70 | 7.05 | 5.42 |
| PBDIT Margin (%) | 15.46 | 19.27 | 20.21 | 21.27 | 21.09 |
| PBIT Margin (%) | 8.19 | 12.36 | 11.34 | 11.79 | 11.23 |
| PBT Margin (%) | 6.38 | 10.31 | 8.87 | 8.90 | 7.02 |
| Net Profit Margin (%) | 3.06 | 7.24 | 6.33 | 6.18 | 5.46 |
| NP After MI And SOA Margin (%) | 3.12 | 7.38 | 6.33 | 6.18 | 5.46 |
| Return on Networth / Equity (%) | 7.45 | 19.15 | 18.98 | 18.05 | 16.31 |
| Return on Capital Employeed (%) | 18.51 | 27.77 | 24.82 | 23.58 | 22.21 |
| Return On Assets (%) | 3.31 | 8.39 | 7.56 | 6.10 | 5.02 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.17 | 0.21 | 0.19 |
| Total Debt / Equity (X) | 0.29 | 0.26 | 0.36 | 0.61 | 0.69 |
| Asset Turnover Ratio (%) | 1.07 | 1.18 | 0.89 | 0.70 | 0.16 |
| Current Ratio (X) | 1.10 | 1.09 | 1.20 | 0.92 | 0.75 |
| Quick Ratio (X) | 0.89 | 0.90 | 1.02 | 0.80 | 0.66 |
| Dividend Payout Ratio (NP) (%) | 52.67 | 19.26 | 20.70 | 17.03 | 22.16 |
| Dividend Payout Ratio (CP) (%) | 15.84 | 9.95 | 8.62 | 6.72 | 7.90 |
| Earning Retention Ratio (%) | 47.33 | 80.74 | 79.30 | 82.97 | 77.84 |
| Cash Earning Retention Ratio (%) | 84.16 | 90.05 | 91.38 | 93.28 | 92.10 |
| Interest Coverage Ratio (X) | 8.54 | 9.40 | 8.19 | 7.35 | 5.01 |
| Interest Coverage Ratio (Post Tax) (X) | 2.69 | 4.53 | 3.57 | 3.14 | 2.30 |
| Enterprise Value (Cr.) | 2076.11 | 1592.55 | 1202.46 | 1669.46 | 473.35 |
| EV / Net Operating Revenue (X) | 6.81 | 4.97 | 3.84 | 6.42 | 2.09 |
| EV / EBITDA (X) | 44.03 | 25.79 | 18.99 | 30.18 | 9.92 |
| MarketCap / Net Operating Revenue (X) | 6.73 | 4.94 | 3.77 | 6.27 | 1.90 |
| Retention Ratios (%) | 47.32 | 80.73 | 79.29 | 82.96 | 77.83 |
| Price / BV (X) | 16.05 | 12.80 | 11.30 | 18.32 | 5.68 |
| Price / Net Operating Revenue (X) | 6.73 | 4.94 | 3.77 | 6.27 | 1.90 |
| EarningsYield | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 |
After reviewing the key financial ratios for NELCO Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 4.18. This value is below the healthy minimum of 5. It has decreased from 10.37 (Mar 24) to 4.18, marking a decrease of 6.19.
- For Diluted EPS (Rs.), as of Mar 25, the value is 4.18. This value is below the healthy minimum of 5. It has decreased from 10.37 (Mar 24) to 4.18, marking a decrease of 6.19.
- For Cash EPS (Rs.), as of Mar 25, the value is 13.80. This value is within the healthy range. It has decreased from 19.87 (Mar 24) to 13.80, marking a decrease of 6.07.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 56.05. It has increased from 54.15 (Mar 24) to 56.05, marking an increase of 1.90.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 56.05. It has increased from 54.15 (Mar 24) to 56.05, marking an increase of 1.90.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 133.60. It has decreased from 140.36 (Mar 24) to 133.60, marking a decrease of 6.76.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 20.66. This value is within the healthy range. It has decreased from 27.06 (Mar 24) to 20.66, marking a decrease of 6.40.
- For PBIT / Share (Rs.), as of Mar 25, the value is 10.95. This value is within the healthy range. It has decreased from 17.36 (Mar 24) to 10.95, marking a decrease of 6.41.
- For PBT / Share (Rs.), as of Mar 25, the value is 8.53. This value is within the healthy range. It has decreased from 14.48 (Mar 24) to 8.53, marking a decrease of 5.95.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 4.09. This value is within the healthy range. It has decreased from 10.17 (Mar 24) to 4.09, marking a decrease of 6.08.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 4.18. This value is within the healthy range. It has decreased from 10.37 (Mar 24) to 4.18, marking a decrease of 6.19.
- For PBDIT Margin (%), as of Mar 25, the value is 15.46. This value is within the healthy range. It has decreased from 19.27 (Mar 24) to 15.46, marking a decrease of 3.81.
- For PBIT Margin (%), as of Mar 25, the value is 8.19. This value is below the healthy minimum of 10. It has decreased from 12.36 (Mar 24) to 8.19, marking a decrease of 4.17.
- For PBT Margin (%), as of Mar 25, the value is 6.38. This value is below the healthy minimum of 10. It has decreased from 10.31 (Mar 24) to 6.38, marking a decrease of 3.93.
- For Net Profit Margin (%), as of Mar 25, the value is 3.06. This value is below the healthy minimum of 5. It has decreased from 7.24 (Mar 24) to 3.06, marking a decrease of 4.18.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 3.12. This value is below the healthy minimum of 8. It has decreased from 7.38 (Mar 24) to 3.12, marking a decrease of 4.26.
- For Return on Networth / Equity (%), as of Mar 25, the value is 7.45. This value is below the healthy minimum of 15. It has decreased from 19.15 (Mar 24) to 7.45, marking a decrease of 11.70.
- For Return on Capital Employeed (%), as of Mar 25, the value is 18.51. This value is within the healthy range. It has decreased from 27.77 (Mar 24) to 18.51, marking a decrease of 9.26.
- For Return On Assets (%), as of Mar 25, the value is 3.31. This value is below the healthy minimum of 5. It has decreased from 8.39 (Mar 24) to 3.31, marking a decrease of 5.08.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.29. This value is within the healthy range. It has increased from 0.26 (Mar 24) to 0.29, marking an increase of 0.03.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.07. It has decreased from 1.18 (Mar 24) to 1.07, marking a decrease of 0.11.
- For Current Ratio (X), as of Mar 25, the value is 1.10. This value is below the healthy minimum of 1.5. It has increased from 1.09 (Mar 24) to 1.10, marking an increase of 0.01.
- For Quick Ratio (X), as of Mar 25, the value is 0.89. This value is below the healthy minimum of 1. It has decreased from 0.90 (Mar 24) to 0.89, marking a decrease of 0.01.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 52.67. This value exceeds the healthy maximum of 50. It has increased from 19.26 (Mar 24) to 52.67, marking an increase of 33.41.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 15.84. This value is below the healthy minimum of 20. It has increased from 9.95 (Mar 24) to 15.84, marking an increase of 5.89.
- For Earning Retention Ratio (%), as of Mar 25, the value is 47.33. This value is within the healthy range. It has decreased from 80.74 (Mar 24) to 47.33, marking a decrease of 33.41.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 84.16. This value exceeds the healthy maximum of 70. It has decreased from 90.05 (Mar 24) to 84.16, marking a decrease of 5.89.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 8.54. This value is within the healthy range. It has decreased from 9.40 (Mar 24) to 8.54, marking a decrease of 0.86.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.69. This value is below the healthy minimum of 3. It has decreased from 4.53 (Mar 24) to 2.69, marking a decrease of 1.84.
- For Enterprise Value (Cr.), as of Mar 25, the value is 2,076.11. It has increased from 1,592.55 (Mar 24) to 2,076.11, marking an increase of 483.56.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 6.81. This value exceeds the healthy maximum of 3. It has increased from 4.97 (Mar 24) to 6.81, marking an increase of 1.84.
- For EV / EBITDA (X), as of Mar 25, the value is 44.03. This value exceeds the healthy maximum of 15. It has increased from 25.79 (Mar 24) to 44.03, marking an increase of 18.24.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 6.73. This value exceeds the healthy maximum of 3. It has increased from 4.94 (Mar 24) to 6.73, marking an increase of 1.79.
- For Retention Ratios (%), as of Mar 25, the value is 47.32. This value is within the healthy range. It has decreased from 80.73 (Mar 24) to 47.32, marking a decrease of 33.41.
- For Price / BV (X), as of Mar 25, the value is 16.05. This value exceeds the healthy maximum of 3. It has increased from 12.80 (Mar 24) to 16.05, marking an increase of 3.25.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 6.73. This value exceeds the healthy maximum of 3. It has increased from 4.94 (Mar 24) to 6.73, marking an increase of 1.79.
- For EarningsYield, as of Mar 25, the value is 0.00. This value is below the healthy minimum of 5. It has decreased from 0.01 (Mar 24) to 0.00, marking a decrease of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in NELCO Ltd:
- Net Profit Margin: 3.06%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 18.51% (Industry Average ROCE: 16.26%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 7.45% (Industry Average ROE: 16.24%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.69
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.89
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 462 (Industry average Stock P/E: 155.27)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.29
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 3.06%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Telecom Equipment | EL-6, TTC Industrial Area, New Mumbai Maharashtra 400710 | services@nelco.in https://www.nelco.in |
| Management | |
|---|---|
| Name | Position Held |
| Mr. A S Lakshminarayanan | Chairman |
| Mr. P J Nath | Managing Director & CEO |
| Mr. Vijay Somaiya | Director |
| Mr. Saurabh Ray | Director |
| Dr. Lakshmi Nadkarni | Director |
| Mr. Ajay Kumar Pandey | Director |
FAQ
What is the intrinsic value of NELCO Ltd?
NELCO Ltd's intrinsic value (as of 17 October 2025) is 1581.12 which is 81.95% higher the current market price of 869.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 1,984 Cr. market cap, FY2025-2026 high/low of 1,503/707, reserves of ₹105 Cr, and liabilities of 287 Cr.
What is the Market Cap of NELCO Ltd?
The Market Cap of NELCO Ltd is 1,984 Cr..
What is the current Stock Price of NELCO Ltd as on 17 October 2025?
The current stock price of NELCO Ltd as on 17 October 2025 is 869.
What is the High / Low of NELCO Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of NELCO Ltd stocks is 1,503/707.
What is the Stock P/E of NELCO Ltd?
The Stock P/E of NELCO Ltd is 462.
What is the Book Value of NELCO Ltd?
The Book Value of NELCO Ltd is 56.0.
What is the Dividend Yield of NELCO Ltd?
The Dividend Yield of NELCO Ltd is 0.12 %.
What is the ROCE of NELCO Ltd?
The ROCE of NELCO Ltd is 14.4 %.
What is the ROE of NELCO Ltd?
The ROE of NELCO Ltd is 7.63 %.
What is the Face Value of NELCO Ltd?
The Face Value of NELCO Ltd is 10.0.