NELCO Ltd
Nelco, a part of Tata Group, started in 1940 as a electronics company. Nelco offers solutions in areas of VSAT connectivity, Satcom Projects
and Integrated Security & Surveillance Solutions[1]
- Market Cap ₹ 2,192 Cr.
- Current Price ₹ 961
- High / Low ₹ 1,336 / 643
- Stock P/E 145
- Book Value ₹ 51.7
- Dividend Yield 0.23 %
- ROCE 25.8 %
- ROE 19.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 27.5%
Cons
- Stock is trading at 18.6 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Telecomm Equipment & Infra Services Industry: Telecommunications - Service Provider
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Sep 2012 | Sep 2013 | Sep 2014 | Mar 2016 18m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
139 | 110 | 92 | 133 | 26 | 32 | 34 | 38 | 131 | 143 | 197 | 223 | 217 | |
129 | 112 | 100 | 121 | 27 | 31 | 29 | 29 | 108 | 121 | 156 | 179 | 182 | |
Operating Profit | 10 | -2 | -8 | 12 | -1 | 1 | 4 | 9 | 23 | 22 | 41 | 44 | 35 |
OPM % | 7% | -2% | -9% | 9% | -4% | 4% | 13% | 23% | 18% | 15% | 21% | 20% | 16% |
5 | 1 | 20 | 8 | 15 | 14 | 11 | 13 | 5 | 3 | 3 | 2 | 3 | |
Interest | 9 | 10 | 6 | 12 | 7 | 5 | 4 | 5 | 4 | 3 | 4 | 3 | 2 |
Depreciation | 6 | 6 | 5 | 7 | 0 | 1 | 1 | 1 | 8 | 8 | 11 | 13 | 14 |
Profit before tax | 1 | -16 | 1 | 1 | 7 | 10 | 10 | 17 | 16 | 14 | 29 | 30 | 22 |
Tax % | 0% | 0% | 0% | 0% | 0% | 0% | -78% | 17% | 21% | 22% | 29% | 30% | |
1 | -16 | 1 | 1 | 7 | 10 | 18 | 14 | 12 | 11 | 21 | 21 | 15 | |
EPS in Rs | 0.48 | -7.17 | 0.57 | 0.58 | 2.92 | 4.28 | 7.77 | 6.00 | 5.38 | 4.86 | 9.15 | 9.32 | 6.63 |
Dividend Payout % | 105% | 0% | 0% | 0% | 0% | 0% | 19% | 20% | 22% | 37% | 22% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 46% |
3 Years: | 19% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 4% |
3 Years: | 32% |
TTM: | -40% |
Stock Price CAGR | |
---|---|
10 Years: | 26% |
5 Years: | 33% |
3 Years: | 8% |
1 Year: | 25% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 18% |
3 Years: | 19% |
Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Sep 2012 | Sep 2013 | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
Reserves | 3 | -14 | -12 | -14 | -8 | 2 | 19 | 29 | 54 | 62 | 78 | 95 | 95 |
88 | 78 | 63 | 79 | 50 | 35 | 33 | 37 | 23 | 29 | 27 | 12 | 11 | |
57 | 60 | 50 | 41 | 39 | 57 | 113 | 120 | 139 | 45 | 49 | 65 | 60 | |
Total Liabilities | 171 | 146 | 123 | 129 | 104 | 117 | 187 | 209 | 239 | 159 | 177 | 195 | 189 |
24 | 22 | 23 | 15 | 19 | 3 | 3 | 2 | 42 | 55 | 66 | 66 | 63 | |
CWIP | 0 | 1 | 0 | 1 | 3 | 0 | 0 | 0 | 4 | 2 | 1 | 10 | 8 |
Investments | 2 | 2 | 2 | 7 | 6 | 6 | 5 | 5 | 0 | 30 | 30 | 33 | 33 |
145 | 121 | 97 | 107 | 77 | 108 | 179 | 201 | 193 | 71 | 80 | 86 | 85 | |
Total Assets | 171 | 146 | 123 | 129 | 104 | 117 | 187 | 209 | 239 | 159 | 177 | 195 | 189 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Sep 2012 | Sep 2013 | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-29 | 22 | 24 | 1 | 27 | 17 | 12 | 11 | 48 | 12 | 40 | 49 | |
-3 | -3 | -0 | -3 | 9 | -3 | -37 | -20 | -10 | -9 | -22 | -16 | |
30 | -20 | -24 | 5 | -41 | -10 | 26 | 5 | -44 | -7 | -10 | -25 | |
Net Cash Flow | -2 | -1 | -0 | 3 | -5 | 4 | 1 | -5 | -6 | -4 | 8 | 7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Sep 2012 | Sep 2013 | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 191 | 172 | 146 | 108 | 437 | 100 | 107 | 147 | 59 | 88 | 76 | 62 |
Inventory Days | 103 | 132 | 145 | 69 | ||||||||
Days Payable | 178 | 279 | 319 | 238 | ||||||||
Cash Conversion Cycle | 116 | 25 | -27 | -61 | 437 | 100 | 107 | 147 | 59 | 88 | 76 | 62 |
Working Capital Days | 171 | 125 | 104 | 100 | 194 | 425 | 500 | 502 | 52 | -4 | 7 | -30 |
ROCE % | 8% | -7% | 3% | 14% | 14% | 23% | 21% | 20% | 18% | 15% | 28% | 26% |
Documents
Announcements
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
19 Nov - Information on issue of duplicate share certificates.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
22 Oct - Newspaper Advertisement- Extract of Consolidated Unaudited Financial Results for the quarter and six months period ended September 30, 2024.
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Update On Satellite Failure
21 Oct - Intelsat IS33E satellite failure disrupts customer services.
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Providing Of Corporate Guarantee On Behalf Of A Wholly Owned Subsidiary Company
21 Oct - Board meeting outcome with unaudited financial results.
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Outcome Of Board Meeting
21 Oct - Board meeting outcome: unaudited financial results and corporate guarantee.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
from bse