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. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Network Systems. IT hardware and network systems provider with maritime communications focus
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 260 | 313 | 320 | 305 | 307 |
| EBITDA (ex other income) | 51 | 61 | 59 | 42 | 25 |
| margin % | 19.4 | 19.4 | 18.5 | 13.8 | 8.1 |
| Owners' profit | 0 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 7.05 | 8.70 | 10.37 | 4.18 | 1.45 |
| ROE % · ROCE % | 18.1 · 23.6 | 19.0 · 24.8 | 19.2 · 27.8 | 7.5 · 18.5 | 2.6 · 6.5 |
| Debt / equity (x) | 0.61 | 0.36 | 0.27 | 0.30 | 0.46 |
| Cash from operations | 49 | 58 | 45 | 20 | 15 |
| Capex | (18) | (23) | (16) | (17) | (23) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 83 | 81 | 68 | 75 | 74 | 78 | 79 | 80 |
| Profit before tax | 5 | 7 | 1 | 2 | 2 | (2) | 2 | 3 |
| Net profit | 4 | 5 | (4) | 2 | 2 | (1) | 1 | 2 |
| EPS (₹) | 1.80 | 2.17 | (1.79) | 0.79 | 0.71 | (0.52) | 0.48 | 1.02 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| GNG ELECTRONICS LIMITED | 7,810 | 55.4 | 10.28 | 40.6 | 17.4 | 18.7 | — | 12.8 |
| RASHI PERIPHERALS LIMITED | 5,391 | 16.9 | 2.65 | 12.6 | 13.9 | 18.0 | — | 3.4 |
| MOSCHIP TECHNOLOGIES LTD | 4,087 | 150.3 | 10.00 | 69.0 | 8.6 | 7.4 | 40.9 | 10.1 |
| NELCO LTD ◆ | 2,158 | 559.5 | 16.75 | 75.5 | 2.6 | 3.1 | 6.3 | 11.9 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 27 Aug 2026 · Newspaper ad on special window for physical share transfer re-lodgement | compliance | minimal | — | — |
| 26 Aug 2026 · CRISIL puts NELCO bank loan ratings on Watch Developing after Lunar deal | credit debt | medium | — | — |
| 17 Aug 2026 · Nelco partners with Elveo for Direct-to-Device and IoT satellite connectivity | strategic transactions | high | — | — |
| 17 Aug 2026 · Nelco invests USD 20 million in Lunar Holdco for satellite partnership | strategic transactions | high | — | — |
| 18 Jul 2026 · NELCO publishes Q1 FY27 results in newspapers | compliance | minimal | — | — |
| 16 Jul 2026 · Nelco Q1 FY27 results: profit up; Cost Auditor reappointed | management changes | medium | — | — |
| 16 Jul 2026 · Nelco Q1 FY27 results: consolidated PAT up 30% YoY, cost auditor reappointed | results | high | — | — |
| 16 Jul 2026 · NELCO Q1 FY27: PAT up 30% on consolidated, triples on standalone | results | high | — | — |
| 10 Jul 2026 · Board Meeting on 16 Jul 2026 to approve Q1FY27 results | results | low | — | — |
| 7 Jul 2026 · Routine compliance certificate for Q1 FY27 dematerialisation | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| D-LINK INDIA LTD |
| 1,544 |
| 14.4 |
| 3.05 |
| 10.2 |
| 20.6 |
| 27.2 |
| 16.6 |
| 8.6 |
| BHARAT GLOBAL DEVELOPERS LIMIT | 1,419 | 168.8 | 7.46 | — | (0.1) | (0.1) | — | — |
| IVALUE INFOSOLUTIONS LTD | 1,232 | 11.9 | 2.17 | 7.8 | 17.3 | 21.9 | — | 13.4 |
| CONTROL PRINT LIMITED | 931 | 23.9 | 2.06 | 9.6 | 9.7 | 15.5 | 18.8 | 13.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 559.5 | 20.8 | 18 of 18 | 0% |
| P/B | 16.8 | 2.9 | 16 of 16 | 0% |
| ROCE | 3.1 | 14.9 | 13 of 19 | 33% |
| ROE | 2.6 | 9.7 | 11 of 17 | 38% |
| Debt / Equity | 0.5 | 0.1 | 14 of 17 | 19% |
| EBITDA margin | 11.9 | 8.8 | 5 of 13 | 67% |
| Revenue growth | 7.0 | 7.0 | 8 of 15 | 50% |
| Profit growth | 30.0 | 30.0 | 8 of 15 | 50% |
| Market cap | 2158 | 517 | 4 of 19 | 83% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
