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Nelco Limited

Nelco Limited

NSE: NELCO
Communication EquipmentTechnologySMALL CAPMCap ₹1.88k Cr
₹824.55₹-6.85 (-0.82%)

Market Closed • NSE

Market cap₹1.88k Cr
Enterprise value₹1.95k Cr
P/E TTM487.90
P/B14.60
EPS TTM₹1.69
ROCE7.21%
D/E0.57
Dividend yield0.00%
Face value₹10.00
52W high₹1,120.00
52W low₹500.10
Price chart(1Y)
1Y Return:+14.12% (+₹102.00)
H: ₹1,120L: ₹711.35
1W-3.29%
1M-14.58%
3M-11.20%
6M+21.40%
1Y-5.15%
Today at a glance

Day range

₹821.00₹837.90

52 week range

₹500.10₹1,120.00
Volume96.0K0.44x 20D avg
Free float50.00%-55.90% volume

Nelco Limited closed at INR824.55 (-0.82%) on volume 0.44x its 20-day average, trading 26.38% below its 52-week high.

Technical analysis
RSI (14)32.7Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹36.49High
SMA 20₹914.57BEARISH
SMA 50₹938.63BEARISH
SMA 100₹898.97BEARISH
SMA 200₹774.51BULLISH
CPR bottom₹841.73
Pivot₹838.28
CPR top₹834.84
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +114.7% QoQ

2026-06-09

DIVIDEND Announced

Dividend - Rs 1 Per Share

2025-06-09

DIVIDEND Announced

Dividend - Re 1 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹72.8 Cr₹1.88k Cr3.87%≤ 33%PASS
Non-halal income ratio₹75.0 Lakh₹306.6 Cr0.24%≤ 5%PASS
Illiquid assets ratio₹328.0 Cr₹347.4 Cr94.42%≥ 20%PASS
Receivables ratio–₹347.4 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E487.9023.00
Forward P/E——
P/B14.603.80
EV/EBITDA—18.00
PEG—2.20
Earnings yield0.204.30
Growth & profitability
RevenuePAT
FY24PAT margin 7.40%
FY25PAT margin 3.30%
FY26PAT margin 1.00%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+0.20%
Revenue CAGR 5Y-0.90%
PAT CAGR 3Y-30.80%
PAT CAGR 5Y-32.50%
Operating margin4.00%
Net margin1.24%
Financial health & cash flow
Net debt₹53.5 CrModerate
Interest coverage2.30xEBIT / interest
CFO / PAT3.15x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹15.3 Cr
Capital expenditure–
Free cash flow₹-802.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall50/100
Valuation35/100
Profitability50/100
Financial health65/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 3.15x over last 3 years

Risks

Stretched Valuation: Trading at a high P/E multiple of 487.9x

Bull case

Market Leadership: Established operational scale in Communication Equipment.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
4.99%Institutional holding
44.67%Public holding
5Periods available
0.00%Promoter pledged
71.66KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
09 Jun 2026Dividend₹1.00 / share—09 Jun 2026
09 Jun 2025Dividend₹1.00 / share—09 Jun 2025
—Dividend₹2.20 / share—10 Jun 2024
—Dividend₹2.00 / share—06 Jun 2023
—Dividend₹1.80 / share—21 Jun 2022
—Dividend₹1.20 / share—07 Jun 2021
—Dividend₹1.20 / share—04 Aug 2020
—Dividend₹1.50 / share—15 Jul 2019
—Annual General MeetingAnnual General Meeting—09 Jul 2018
—Annual General MeetingAnnual General Meeting—08 Sept 2017
—Annual General MeetingAnnual General Meeting—08 Jul 2016
—Annual General MeetingAnnual General Meeting—14 Jan 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)39.84%-1.35% latest vs average
Highest delivery55.24%on 01 Oct
Average volume (20D)217.5KTrading-session average
Conviction trendWeakening-1.35% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Tata Consultancy Services Limited
Tata Consultancy Services LimitedTCS
Open analysis
₹8.92L17.282.04%₹72,275.00₹13,420.00+13.93%+4.69%
Infosys Limited
Infosys LimitedINFY
Open analysis
₹4.70L15.824.50%₹48,211.00₹7,775.00+14.03%+12.29%
HCL Technologies Limited
HCL Technologies LimitedHCLTECH
Open analysis
₹3.73L20.423.53%₹34,579.00₹4,626.00+13.94%+20.34%
Wipro Limited
Wipro LimitedWIPRO
Open analysis
₹1.82L14.494.60%₹24,236.30₹3,501.80+7.70%-1.90%
Tech Mahindra Limited
Tech Mahindra LimitedTECHM
Open analysis
₹1.59L28.773.09%₹15,712.00₹1,486.00+17.68%+31.62%
LTM Limited
LTM LimitedLTM
Open analysis
₹1.30L24.901.77%₹11,608.00₹1,469.00+17.96%+17.05%
LG ELECTRONICS INDIA LTD
LG ELECTRONICS INDIA LTDLGEINDIA
Open analysis
₹1.17L63.960.00%₹7,233.35₹652.86——
One97 Communications Limited
One97 Communications LimitedPAYTM
Open analysis
₹1.08L169.180.00%₹2,264.00₹184.00+18.41%+134.07%
About Nelco Limited
Nelco Limited

Incorporated in 1940, Nelco Ltd provides domestic satellite communication services to close user group networks[1]

IndiaTechnology

Questions investors ask
Is Nelco Limited Shariah compliant?

Nelco Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (3.87%) complies with AAOIFI threshold (≤ 33%).

What is Nelco Limited's current valuation relative to peers?

Nelco Limited trades at a P/E of 487.9x compared to the sector median of 23x, and a Price-to-Book of 14.6x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.57x. Interest coverage is 2.3x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at -0.9% while net profit growth averaged -32.5%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.