NESCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NESCO Limited's Board approved audited standalone and consolidated financial results for the quarter and year ended 31 March 2025, along with the auditor's report carrying an unmodified opinion. Revenue from operations rose to ₹73,200.71 lakhs in FY25 from ₹67,818.49 lakhs in FY24, a growth of about 7.9%, while profit after tax increased to ₹37,521.98 lakhs from ₹36,278.36 lakhs (~3.4% YoY). Basic EPS stood at ₹53.25 versus ₹51.49. The Realty segment was the biggest growth driver (revenue up ~15% to ₹36,617 lakhs), with Foods also growing ~16%, while Bombay Exhibition Center and Indabrator revenues were broadly flat to slightly lower. The Board has recommended a final dividend of ₹6.50 per share (325%), up from ₹6 per share last year, payable on or before 20 August 2025. Capital Work-In-Progress jumped sharply from ₹16,215 lakhs to ₹75,295 lakhs, indicating heavy ongoing realty capex. The company also incorporated a wholly-owned subsidiary, Nesco Retail Private Limited, on 21 February 2025, and appointed Deloitte as its new internal auditor.
Shareholders get a modestly higher dividend (₹6.50 vs ₹6) on stable single-digit earnings growth, while the strong jump in capital work-in-progress signals significant realty expansion underway that could drive future revenue. Clean auditor opinion and a debt-light balance sheet (equity of ₹2,62,944 lakhs) keep the near-term outlook steady.