Companies›Information Technology›Information Technology›IT - Hardware
NSE:NELCO

NELCO LTD

Information Technology › IT - Hardware
₹719.50
at close · 28 Oct 2026
▲ 7.50 (+1.05%)

Latest filings

  1. Nelco extends physical share transfer re-lodgement window · Compliance
  2. Nelco publishes Q2 and H1 FY26 results, declares Re 1 interim dividend · Compliance
  3. Nelco Q2 FY27 results: standalone H1 PAT nearly doubles · Results
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates in the IT – Hardware space, organised around a Network Systems segment that handles connectivity infrastructure and end-user solutions, including a dedicated maritime communications business. Internal functions include Network Operations and Products and Solutions, indicating the company both runs and supplies network systems. The legacy Automation & Control segment was discontinued; the company now reports Network Systems as its single operating segment. Operating costs are dominated by other operating expenses at 62.2% of revenue, with employee cost at 16.5% and depreciation at 6.5%. Q1 FY27 standalone net profit jumped to Rs 3.80 crore from Rs 1.16 crore a year earlier.

Operating scale
FY26 revenue
Rs 306.6 crore
FY26 net profit
Rs 3.32 crore
Q1 FY27 consolidated revenue
Rs 80.03 crore
Q1 FY27 consolidated net profit
Rs 2.34 crore vs Rs 1.80 crore YoY
FY26 capex
Rs 23.28 crore (7.6% of revenue)
FY26 dividend
Rs 1.00 per equity share
Who pays it
Enterprise customers with a dedicated maritime communications business
Biggest cost
Other operating expenses at 62.2% of revenue; employee cost at 16.5%
Kind of business
IT hardware and network systems provider with maritime communications focus
Where it sits
Single segment Network Systems operator; legacy Automation & Control segment discontinued
Market Cap
₹1,642 Cr
P / E (TTM)
425.7×
EV / EBITDA
55.5×
Div Yield
0.14%
Growth
6.3%▲
Revenue 5y CAGR
PAT -23.1% · EBITDA -9.4%
Quality
23.6%▲
ROCE (5y median)
ROE 18.1% (5y median) · margin 9.5%
Leverage
0.46·
Debt / Equity · low
Net debt ₹39 Cr
Revenue FY21→FY26
1.4×▲
Margin −4.4 pts
₹226 Cr → ₹307 Cr
Cash conversion
2.59×▲
Operating cash ÷ profit · 5 yrs
₹188 Cr on ₹72 Cr
Moves on a normal day
1.51%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 18 Computers Hardware & Equipments peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#16/16
P/B#16/16
ROCE#13/19
ROE#10/16
Debt / Equity#13/16
EBITDA margin#5/13
Revenue growth#8/15
Profit growth#8/15

Scorecard

Measured from the filed financials, judged against its Computers Hardware & Equipments peers · as of FY26 — not investment advice

Strengths
Returns on capital 23.6% (5-year median)
#13 of 19 in Computers Hardware & Equipments on the latest reported figures · down from 22.2% in FY21
Over 5 years it reported ₹72 Cr of profit and ₹188 Cr of operating cash — 2.59×
Profit is converting into cash
Pays out 67% of profit as dividend
Concerns
Profit shrinking over 5 years (−23% a year)
Carries more debt than its peers — 0.46× equity
higher than 80% of its 16 Computers Hardware & Equipments peers
Customers are taking longer to pay — 94 → 123 days of receivables
FY21 → FY26

Charts

How has the market priced it — with filings on the timeline?

NELCO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from NELCO LTD's filed financials and exchange disclosures

What does NELCO LTD do?

NELCO LTD is a IT - Hardware company listed on NSE and BSE, trading under the symbol NELCO.

Is NELCO LTD profitable?

Yes. Over the trailing twelve months NELCO LTD reported a net profit of ₹3.86 Cr on revenue of ₹312 Cr.

Does NELCO LTD pay a dividend?

Yes. The dividend yield is 0.14% at the current price. It paid out 67% of its profit as dividend in FY26.

Is NELCO LTD debt-free?

No. It reported borrowings of ₹59 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹39 Cr after cash. Debt stands at 0.46× equity. That is higher than 80% of its 16 Computers Hardware & Equipments peers.

Is NELCO LTD expensive compared with its peers?

On trailing P/E, NELCO LTD ranks 16 of 16 in Computers Hardware & Equipments — cheaper than 0% of them, against an industry median of 25.1×. This is a position, not a valuation judgement.

How much does the NELCO LTD share price move in a day?

On a typical session NELCO LTD moves 1.51% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track NELCO LTD's announcements?

Every NSE and BSE filing by NELCO LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.