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 105
- Book Value ₹ 55.7
- Dividend Yield 0.23 %
- ROCE 23.4 %
- ROE 20.7 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 23.2%
Cons
- Stock is trading at 17.2 times its book value
- The company has delivered a poor sales growth of 10.9% over past five years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
161 | 135 | 123 | 200 | 144 | 150 | 191 | 220 | 226 | 260 | 313 | 320 | 321 | |
147 | 133 | 124 | 178 | 125 | 124 | 155 | 170 | 181 | 209 | 252 | 260 | 267 | |
Operating Profit | 13 | 2 | -1 | 22 | 18 | 25 | 36 | 50 | 45 | 51 | 62 | 60 | 54 |
OPM % | 8% | 1% | -1% | 11% | 13% | 17% | 19% | 23% | 20% | 19% | 20% | 19% | 17% |
5 | 0 | 19 | 5 | 5 | 6 | 4 | 4 | 3 | 5 | 3 | 3 | 3 | |
Interest | 9 | 10 | 7 | 13 | 8 | 6 | 7 | 13 | 10 | 8 | 9 | 7 | 6 |
Depreciation | 9 | 9 | 9 | 11 | 8 | 9 | 13 | 20 | 22 | 25 | 28 | 22 | 22 |
Profit before tax | 1 | -17 | 2 | 2 | 7 | 15 | 20 | 20 | 16 | 23 | 28 | 34 | 29 |
Tax % | 19% | -2% | 24% | 0% | 9% | 20% | -11% | 29% | 22% | 31% | 29% | 29% | |
1 | -17 | 2 | 2 | 6 | 12 | 22 | 14 | 12 | 16 | 20 | 24 | 21 | |
EPS in Rs | 0.45 | -7.29 | 0.85 | 0.97 | 2.75 | 5.31 | 9.77 | 6.30 | 5.42 | 7.05 | 8.70 | 10.37 | 9.17 |
Dividend Payout % | 111% | 0% | 0% | 0% | 0% | 0% | 15% | 19% | 22% | 26% | 23% | 21% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 11% |
3 Years: | 12% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 1% |
3 Years: | 25% |
TTM: | -5% |
Stock Price CAGR | |
---|---|
10 Years: | 26% |
5 Years: | 33% |
3 Years: | 8% |
1 Year: | 25% |
Return on Equity | |
---|---|
10 Years: | 23% |
5 Years: | 20% |
3 Years: | 20% |
Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 10 | -7 | -6 | -7 | -1 | 11 | 33 | 43 | 53 | 66 | 82 | 101 | 104 |
89 | 81 | 66 | 85 | 57 | 50 | 82 | 121 | 90 | 81 | 63 | 57 | 51 | |
62 | 67 | 63 | 55 | 52 | 78 | 99 | 93 | 72 | 93 | 95 | 102 | 105 | |
Total Liabilities | 183 | 164 | 146 | 156 | 131 | 162 | 237 | 280 | 238 | 263 | 262 | 282 | 283 |
39 | 37 | 35 | 28 | 36 | 51 | 87 | 117 | 108 | 110 | 95 | 87 | 83 | |
CWIP | 0 | 1 | 3 | 6 | 3 | 5 | 17 | 3 | 4 | 3 | 1 | 10 | 9 |
Investments | 8 | 8 | 8 | 9 | 5 | 6 | 0 | 0 | 0 | 0 | 0 | 4 | 4 |
137 | 118 | 99 | 113 | 87 | 101 | 134 | 160 | 126 | 150 | 165 | 181 | 186 | |
Total Assets | 183 | 164 | 146 | 156 | 131 | 162 | 237 | 280 | 238 | 263 | 262 | 282 | 283 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Sep 2012 | Sep 2013 | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-27 | 26 | 33 | 3 | 38 | 32 | 21 | 33 | 54 | 51 | 58 | 45 | |
-6 | -8 | -7 | -8 | -3 | -14 | -45 | -40 | -8 | -18 | -25 | -19 | |
31 | -18 | -24 | 5 | -40 | -12 | 25 | 4 | -47 | -19 | -33 | -20 | |
Net Cash Flow | -2 | -1 | 1 | 0 | -5 | 6 | 2 | -2 | -1 | 14 | 1 | 6 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 173 | 152 | 114 | 79 | 85 | 134 | 115 | 117 | 102 | 109 | 96 | 97 |
Inventory Days | 103 | 132 | 145 | 69 | 130 | 176 | 85 | 123 | 148 | 129 | 153 | 268 |
Days Payable | 187 | 292 | 341 | 268 | 340 | 644 | 391 | 443 | 455 | 437 | 324 | 364 |
Cash Conversion Cycle | 88 | -8 | -81 | -120 | -125 | -334 | -191 | -203 | -205 | -198 | -75 | 0 |
Working Capital Days | 152 | 98 | 53 | 52 | 17 | -15 | -24 | -1 | 22 | 21 | 37 | 32 |
ROCE % | 7% | -6% | 5% | 15% | 17% | 26% | 25% | 20% | 14% | 18% | 22% | 23% |
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
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