Nelco

Mumbai, India Founded: 1940 • Age: 86 yrs Listed
IT services suite solutions are provided by Nelco.

About Nelco

Nelco is a publicly listed company based in Mumbai (India) founded in 1940. IT services suite solutions are provided by Nelco. The company has 305 employees. Its chief executive, as recorded, is P J Nath. Its website nelco.in draws about 42 thousand monthly visits. Its Indian entity Nelco Limited reported revenue of ₹311 Cr. Nelco offers products and services including VSAT, Bank ATM Connectivity, and Enterprise WAN. Its focus areas include Telecom, Telecom Infrastructure Tech, Core Network and Equipment.

Company details

Nelco was established in 1940 and is based in Mumbai, India. Information technology services are offered through a suite of solutions tailored for various business needs. Operations center on delivering integrated IT support, including system integration and consulting. The company operates primarily in the IT sector, serving clients across India. Leadership is held by P J Nath as CEO and Managing Director.

  • Headquarters Mumbai, India
  • Employees 305
  • Stage Public
  • Sectors
    Telecommunications
  • Website category Finance · Investing
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website nelco.in
  • Social LinkedIn X
  • Legal Name Nelco Limited
Key Metrics
  • Market Cap
    ₹1,682 Cr

    NELCO · NSE

  • Share Price
    ₹692.55

    -6.02% today

  • Revenue
    ₹307 Cr

    FY 2025-26 · +0.6% YoY

  • EBITDA
    ₹25.28 Cr

    Margin 8.2%

  • Net Profit
    ₹0.59 Cr

    FY 2025-26 · -93.9% YoY

  • P/E (TTM)
    282.2x

    P/B 13.1x

  • ROE
    0.5%

    ROCE 7.2%

  • Debt / Equity
    0.49

    Interest cover 101.3x

  • Employee Count
    305

Products & Services of Nelco

Nelco offers a comprehensive portfolio of products and services, including VSAT, Bank ATM Connectivity, and Enterprise WAN.

VSAT
Satellite Communication

Delivers high-speed connectivity for banking and energy sectors.

Bank ATM Connectivity
Banking Solutions

Provides secure VSAT links for ATMs in urban and rural areas.

Enterprise WAN
Network Solutions

Ensures business continuity with reliable satellite links.

Board of directors of Nelco Limited (Nelco)

Nelco Limited is the primary company behind Nelco. The boards of the 3 registered companies of Nelco currently have 12 directors; the longest-serving is Ashok Anand Kumar, appointed in 1969. 37 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ashok Anand Kumar
DIN 00234636
Managing Director06 Nov 196956 yrs 11 moNelco (India) Private Limited
Kamal Anand Kumar
DIN 00218970
Whole-time director06 Nov 196956 yrs 11 moNelco (India) Private Limited
Anita Anand
DIN 00234519
Director30 Aug 197848 yrs 1 moNelco (India) Private Limited
Amber Anand
DIN 00234584
Whole-time director01 Dec 199728 yrs 10 moNelco (India) Private Limited
Varun Anand
DIN 00229114
Whole-time director31 Mar 200422 yrs 6 moNelco (India) Private Limited
Pradip Jyoti Nath
DIN 05118177
Managing Director22 Jan 201313 yrs 9 moNelco Limited, Nelco Network Products Limited
Lakshmi Anant Nadkarni
DIN 07076164
Director28 Jan 20206 yrs 8 moNelco Limited
Ajay Kumar Pandey
DIN 00065622
Director28 Jan 20206 yrs 8 moNelco Limited, Nelco Network Products Limited
Saurabh Ray
DIN 09573704
Director26 Apr 20224 yrs 5 moNelco Limited, Nelco Network Products Limited
Amur Swaminathan Lakshminarayanan
DIN 08616830
Director29 May 20224 yrs 4 moNelco Limited
Vijay Bhagwanji Somaiya
DIN 03185227
Director27 Jan 20251 yr 8 moNelco Limited
Aryaman Anand
DIN 11303135
Additional Director20 Sep 20251 yr 1 moNelco (India) Private Limited

People of Nelco

1 people are tracked at Nelco (1 in leadership); the tracked headcount is 305.

NameRoleGroup
P J Nath
CEO & Managing DirectorLeadership
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IPO & Listings of Nelco

Nelco is a publicly listed company on the NSE with ticker symbol NELCO in India, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date28 May 2003
  • Listed onNSE: NELCO
  • Listed entityNelco Limited
  • Exchange sectorElectronic technology
  • ISININE045B01015
  • Share price₹847.00 (-0.62% on the day) · 2026-10-14
  • Market capitalisation₹1,943 Cr
  • Price to earnings500.7
  • EPS (diluted, trailing year)₹1.69
  • Dividend yield0.12%
  • Volume (last session)35,369

Financials of Nelco

Exchange-reported figures of Nelco Limited, the listed company behind Nelco (NSE: NELCO).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹307 Cr
+0.6% YoY
EBITDA
₹25.28 Cr
-40.6% YoY
Profit After Tax
₹0.59 Cr
-93.9% YoY
Net Worth
₹129 Cr
+0.7% YoY
Total Assets
₹202 Cr
+11.8% YoY
Total Debt
₹72.84 Cr
+38.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue307305320313260226220
Revenue growth+0.6%-4.8%+2.2%+20.5%+15.0%+2.8%-
EBITDA25.2842.5960.0761.7150.5844.8749.77
EBITDA margin+8.3%+14.0%+18.8%+19.7%+19.5%+19.8%+22.6%
Profit before tax4.5919.6633.5127.8223.1515.8820.26
Net profit0.599.6023.6219.8616.0212.1913.54
Net profit margin+0.2%+3.2%+7.4%+6.3%+6.2%+5.4%+6.2%
EPS (₹)1.454.1810.378.707.055.426.30
Balance sheet
Total assets202181180168171170190
Net worth12912812410589.0576.0165.89
Total debt72.8452.5156.8763.1081.4889.62121
Cash & bank20.2514.6122.3216.6416.109.5113.43
Net working capital36.4560.2650.0548.6330.9023.3827.22
Cash flow
Cash from operations15.2619.6644.8958.0850.5653.8333.17
Cash from investing(20.76)(16.54)(19.22)(24.93)(17.89)(7.56)(40.06)
Cash from financing11.04(11.06)(20.04)(32.64)(18.92)(46.90)4.48
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue78.1480.0379.1878.3074.3374.7967.5280.72
Revenue growth (YoY)+5.1%+7.0%+17.3%-3.0%-10.0%+1.0%--
Other income2.511.201.930.721.310.762.641.57
EBITDA9.068.325.474.017.477.746.4412.18
EBITDA margin+11.6%+10.4%+6.9%+5.1%+10.0%+10.3%+9.5%+15.1%
Depreciation5.805.124.925.025.094.926.435.26
Interest3.441.270.731.441.521.181.521.51
Profit before tax2.333.131.75(1.73)2.172.401.136.98
Tax0.600.790.66(0.54)0.550.605.212.03
Net profit1.732.341.09(1.19)1.621.80(4.08)4.95
EPS (₹)0.761.020.48(0.52)0.710.79(1.79)2.17
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue19820622319714313138.33
Revenue growth-3.9%-7.7%+13.0%+37.6%+9.2%+242.1%-
EBITDA18.4630.6143.7441.2221.7323.448.86
EBITDA margin+9.3%+14.9%+19.6%+20.9%+15.2%+17.9%+23.1%
Profit before tax8.2519.9230.2429.3514.1615.5216.52
Net profit6.199.8121.2420.9110.229.249.04
Net profit margin+3.1%+4.8%+9.5%+10.6%+7.1%+7.1%+23.6%
EPS (₹)2.674.309.329.154.865.385.99
Balance sheet
Total assets13513313012811410190.52
Net worth12612211810184.5676.7751.36
Total debt8.7410.2411.6527.0628.9923.1237.34
Cash & bank20.2314.6120.0913.175.239.475.93
Net working capital(21.38)12.181.8017.023.4727.9858.63
Cash flow
Cash from operations22.4112.4248.5939.9311.8747.6710.89
Cash from investing(12.35)(9.45)(16.24)(21.71)(8.72)(9.81)(20.41)
Cash from financing(4.52)(8.68)(25.48)(10.31)(7.49)(43.85)4.68
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue52.7954.8152.5549.6648.6246.8750.7751.20
Revenue growth (YoY)+8.6%+16.9%+3.5%-3.0%-3.5%-12.0%--
Other income2.551.241.610.571.140.681.461.41
Total expenses43.8547.5046.9847.4042.6042.6442.6342.68
EBITDA8.947.315.572.266.024.238.148.52
EBITDA margin+16.9%+13.3%+10.6%+4.6%+12.4%+9.0%+16.0%+16.6%
Depreciation3.863.183.113.303.243.132.713.15
Interest2.950.290.270.230.340.210.500.57
Profit before tax4.685.083.80(0.70)3.581.576.396.21
Tax1.211.281.01(0.13)0.870.416.421.82

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue78.1480.0379.1878.3074.3374.7967.5280.72
Revenue growth (YoY)+5.1%+7.0%+17.3%-3.0%-10.0%+1.0%--
Other income2.511.201.930.721.310.762.641.57
EBITDA9.068.325.474.017.477.746.4412.18
EBITDA margin+11.6%+10.4%+6.9%+5.1%+10.0%+10.3%+9.5%+15.1%
Depreciation5.805.124.925.025.094.926.435.26
Interest3.441.270.731.441.521.181.521.51
Profit before tax2.333.131.75(1.73)2.172.401.136.98
Tax0.600.790.66(0.54)0.550.605.212.03
Net profit1.732.341.09(1.19)1.621.80(4.08)4.95
EPS (₹)0.761.020.48(0.52)0.710.79(1.79)2.17
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue307305320313260226220
Revenue growth+0.6%-4.8%+2.2%+20.5%+15.0%+2.8%-
Other income4.665.372.832.574.742.843.64
Total expenses281262260252209181170
Employee cost50.5445.7343.0436.9434.0334.1133.61
EBITDA25.2842.5960.0761.7150.5844.8749.77
EBITDA margin+8.3%+14.0%+18.8%+19.7%+19.5%+19.8%+22.6%
Depreciation19.9522.1622.1427.7824.6422.3020.02
Interest5.406.147.258.687.539.5313.13
Profit before tax4.5919.6633.5127.8223.1515.8820.26
Tax1.2710.139.847.977.073.525.88
Net profit0.599.6023.6219.8616.0212.1913.54
Net profit margin+0.2%+3.2%+7.4%+6.3%+6.2%+5.4%+6.2%
EPS (₹)1.454.1810.378.707.055.426.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital22.8222.8222.8222.8222.8222.8222.82
Reserves & surplus10610510181.7366.2353.1943.07
Shareholders' funds (net worth)12912812410589.0576.0165.89
Minority interest0.000.000.000.000.000.000.00
Secured loans40.7915.5910.3618.6218.7522.4056.30
Unsecured loans32.0536.9246.5144.4862.7367.2264.68
Total debt72.8452.5156.8763.1081.4889.62121
Total liabilities202181180168171170190
Assets
Gross block199194193194210188177
Net block76.6077.9687.2095.40110108117
Capital work in progress41.498.709.851.482.604.063.39
Investments4.223.923.730.220.160.160.16
Inventories36.2530.6925.8721.2715.8211.3810.52
Sundry debtors10410785.0782.7477.8663.2670.26
Cash & bank balances20.2514.6122.3216.6416.109.5113.43
Loans & advances21.9015.3318.3022.5513.816.8822.70
Total current assets18216715214312491.03117
Total current liabilities14610710294.5792.6967.6589.69
Net working capital36.4560.2650.0548.6330.9023.3827.22
Total assets202181180168171170190
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash13.8521.7916.1615.651.902.534.94
Net cash from operating activities15.2619.6644.8958.0850.5653.8333.17
Net cash from investing activities(20.76)(16.54)(19.22)(24.93)(17.89)(7.56)(40.06)
Net cash from financing activities11.04(11.06)(20.04)(32.64)(18.92)(46.90)4.48
Net change in cash5.54(7.94)5.630.5113.75(0.63)(2.41)
Closing cash20.2514.6122.3216.6416.109.5113.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+0.6%-4.8%+2.2%+20.5%+15.0%+2.8%-
EBITDA growth-40.6%-29.1%-2.7%+22.0%+12.7%-9.9%-
PBT growth-76.7%-41.3%+20.5%+20.2%+45.8%-21.6%+1.2%
Net income growth-93.9%-59.4%+18.9%+24.0%+31.4%-10.0%-
Revenue CAGR (3Y)-0.7%+5.4%+12.3%+12.5%+10.8%+14.8%+15.3%
EBITDA CAGR (3Y)-25.7%-5.6%+10.2%+7.4%+12.0%+21.3%+39.2%
Profitability & leverage
Net income margin+1.1%+3.1%+7.4%+6.3%+6.2%+5.5%+6.5%
Return on capital employed+7.2%+14.3%+23.4%+21.6%+18.0%+14.1%+20.0%
Return on net worth+0.5%+7.6%+20.8%+20.5%+19.5%+17.4%+23.6%
Debt / equity0.490.430.530.751.041.481.67
Long-term debt / equity0.070.100.250.410.450.490.57
Interest cover101.3130.0519.1125.5829.0342.2244.13
Efficiency & per share
Fixed asset turnover1.561.581.661.551.311.241.45
Inventory turnover9.1610.7813.5916.9019.1220.6523.89
Debtors turnover2.923.183.823.903.693.393.38
EPS (₹)1.454.1810.378.707.055.426.30
Dividend per share (₹)1.001.002.202.001.801.201.20
Book value per share (₹)56.4556.0554.1545.8239.0233.3128.87
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue52.7954.8152.5549.6648.6246.8750.7751.20
Revenue growth (YoY)+8.6%+16.9%+3.5%-3.0%-3.5%-12.0%--
Other income2.551.241.610.571.140.681.461.41
Total expenses43.8547.5046.9847.4042.6042.6442.6342.68
EBITDA8.947.315.572.266.024.238.148.52
EBITDA margin+16.9%+13.3%+10.6%+4.6%+12.4%+9.0%+16.0%+16.6%
Depreciation3.863.183.113.303.243.132.713.15
Interest2.950.290.270.230.340.210.500.57
Profit before tax4.685.083.80(0.70)3.581.576.396.21
Tax1.211.281.01(0.13)0.870.416.421.82
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue19820622319714313138.33
Revenue growth-3.9%-7.7%+13.0%+37.6%+9.2%+242.1%-
Other income4.003.952.362.683.464.5513.46
Total expenses17917517915612110829.47
Employee cost32.5529.3427.8523.3921.1518.9917.48
EBITDA18.4630.6143.7441.2221.7323.448.86
EBITDA margin+9.3%+14.9%+19.6%+20.9%+15.2%+17.9%+23.1%
Depreciation12.7812.6312.8410.658.358.090.72
Interest1.432.013.023.902.684.385.08
Profit before tax8.2519.9230.2429.3514.1615.5216.52
Tax2.1610.118.978.473.073.252.84
Net profit6.199.8121.2420.9110.229.249.04
Net profit margin+3.1%+4.8%+9.5%+10.6%+7.1%+7.1%+23.6%
EPS (₹)2.674.309.329.154.865.385.99
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital22.8222.8222.8222.8222.8222.8222.82
Reserves & surplus10399.5894.9378.3261.7453.9528.54
Shareholders' funds (net worth)12612211810184.5676.7751.36
Secured loans0.000.000.004.640.007.268.34
Unsecured loans8.7410.2411.6522.4228.9915.8629.00
Total debt8.7410.2411.6527.0628.9923.1237.34
Total liabilities13513313012811410190.52
Assets
Gross block14613613011896.6975.8013.37
Net block58.7561.0366.5065.5954.8942.332.43
Capital work in progress39.477.189.511.252.423.620.00
Investments32.9932.9932.9929.9529.890.215.07
Inventories0.000.000.000.000.000.000.00
Sundry debtors43.3839.9537.7940.9934.5421.3715.43
Cash & bank balances20.2314.6120.0913.175.239.475.93
Loans & advances12.408.178.7211.908.71135155
Total current assets76.0162.7366.6066.0648.48166177
Total current liabilities97.3950.5564.8049.0445.01138118
Net working capital(21.38)12.181.8017.023.4727.9858.63
Total assets13513313012811410190.52
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash13.8519.5612.694.789.127.852.11
Net cash from operating activities22.4112.4248.5939.9311.8747.6710.89
Net cash from investing activities(12.35)(9.45)(16.24)(21.71)(8.72)(9.81)(20.41)
Net cash from financing activities(4.52)(8.68)(25.48)(10.31)(7.49)(43.85)4.68
Net change in cash5.54(5.71)6.877.91(4.34)(5.99)(4.84)
Closing cash20.2314.6120.0913.175.239.475.93
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-3.9%-7.7%+13.0%+37.6%+9.2%+242.1%-
EBITDA growth-39.7%-30.0%+6.1%+89.7%-7.3%+164.6%-
PBT growth-58.6%-34.1%+3.0%+107.3%-8.8%-6.1%+66.4%
Net income growth-36.9%-53.8%+1.6%+104.6%+10.6%+2.2%-
Revenue CAGR (3Y)+0.1%+12.8%+19.3%+72.6%+62.2%+60.2%+14.3%
EBITDA CAGR (3Y)-23.5%+12.1%+23.1%+66.9%+69.9%+165.0%-
Profitability & leverage
Net income margin+3.1%+4.8%+9.6%+10.6%+7.8%+9.4%+35.7%
Return on capital employed+9.0%+16.7%+25.8%+27.5%+15.7%+17.6%+19.1%
Return on net worth+5.0%+8.2%+19.4%+22.5%+13.8%+14.4%+19.4%
Debt / equity0.080.090.180.300.320.470.75
Long-term debt / equity0.060.080.140.160.080.030.00
Interest cover25.1811.189.7712.7620.0328.5362.41
Efficiency & per share
Fixed asset turnover1.401.551.801.841.662.943.66
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover4.745.295.655.225.127.133.03
EPS (₹)2.674.309.329.154.865.385.99
Dividend per share (₹)1.001.002.202.001.801.201.20
Book value per share (₹)55.2853.6451.6044.3237.0633.6422.51

Web traffic of Nelco

The website of Nelco (nelco.in) receives about 41.6K visits a month and ranks #602,582 among all websites worldwide, #5,943 in Investing.

  • Monthly visits
    41.6K

    ▲ 6.4% vs previous month

  • Unique visitors
    7.3K

    per month

  • Global rank
    #602,582

    among all websites

  • Category rank
    #5,943

    Finance · Investing

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Related news about Nelco

NELCO: Q2 REVENUE 781M RUPEES VS 743M (YOY)
Exchange Update • 5 days ago
NELCO: Q2 CONS NET PROFIT 17M RUPEES VS 16M (YOY)
Exchange Update • 5 days ago
NELCO: Q2 EBITDA 91M RUPEES VS 75M (YOY); Q2 EBITDA MARGIN 11.67% VS 10.05% (YOY)
Exchange Update • 5 days ago
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Frequently Asked Questions about Nelco

Nelco was founded in 1940.

Nelco is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

P J Nath is the CEO of Nelco, as recorded in our data.

Nelco has 305 employees.

The primary company behind Nelco, Nelco Limited, reported revenue of ₹311 Cr for FY 2026, up 1% year on year.

Nelco was established in 1940 and is based in Mumbai, India. Information technology services are offered through a suite of solutions tailored for various business needs. Operations center on delivering integrated IT support, including system integration and consulting. The company operates primarily in the IT sector, serving clients across India. Leadership is held by P J Nath as CEO and Managing Director.

Nelco offers VSAT, Bank ATM Connectivity, and Enterprise WAN.

Yes, Nelco is publicly traded on NSE under the ticker symbol NELCO.

Nelco is associated with 3 legal entities: Nelco Limited, Nelco Network Products Limited, Nelco (India) Private Limited.

The legal entities of Nelco currently have 15 directors, including Pradip Jyoti Nath, Lakshmi Anant Nadkarni, Ajay Kumar Pandey and others.

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