About Nelco Limited
Data last updated: 15 July 2026
Nelco Limited is a public limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of The Tata Power Company Limited. It specialises in telecom equipment and tech solutions, a part of the broader telecommunications sector. Incorporated on 31 August 1940, the company has been in operation for over 86 years.
Registered with ROC Mumbai under CIN L32200MH1940PLC003164. Listed on BSE: 504112 and NSE: NELCO.
Capital: an authorised share capital of ₹55 Cr and a paid-up capital of ₹22.82 Cr. Formerly known as The National Radio & Engineering Company Ltd. It is led by directors including Pradip Jyoti Nath and Lakshmi Anant Nadkarni.
Last AGM: 24 June 2025. Financial statements filed for year ended 31 March 2025. Office: Midc Plot No. El 6 Ttc Industrial Area Electronics Zone Mahape, Navi Mumbai, Maharashtra, India – 400710.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹306.6 Cr, a growth of 0.57% compared to the previous year. The net worth stands at ₹128.83 Cr (up 0.73% YoY). Total assets are valued at ₹347.37 Cr (up 20.85% YoY).
The company has a workforce of approximately 94 employees as per the latest available data. It operates as a subsidiary of The Tata Power Company Limited. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Nelco. As per MCA filings, the company has open charges of ₹111.42 Cr and satisfied charges of ₹482.58 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nelco.in.
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EmailLocked
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TelephoneLocked
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Website
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Social Media
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Registered AddressMidc Plot No. El 6 Ttc Industrial Area Electronics Zone Mahape, Navi Mumbai, Maharashtra, India – 400710
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IndustryTelecom, Telecom Equipment & Tech Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Competitors & Alternatives of Nelco Limited
Brands and companies operating in the same space as Nelco Limited include Kymeta, Gilat Satellite Networks, Iridium Communications and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Cloud-based antenna systems for satellite communications are provided. | Seattle, United States, United States | 2012 |
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Satellite-based broadband communications solutions and services are provided. | Petah Tikva, Israel, Israel | 1987 |
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Satellite and telecommunication services are provided globally. | Mclean, United States, United States | 2001 |
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SaaS-based solutions for rail fleet operations management are developed. | Singapore, Singapore, Singapore | 1967 |
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Provider of satellite communication services | Covington, United States, United States | 1991 |
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Satellite internet services are provided for mobile broadband access. | Solna, Sweden, Sweden | 2006 |
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Satellite communication and sensor systems are provided globally. | Middletown, United States, United States | 1982 |
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Satellite and mission-control communication solutions are provided for defense applications. | Netanya, Israel, Israel | 1950 |
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Hybrid terrestrial and satellite technologies are provided for commercial communications. | Austin, United States, United States | 2001 |
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Provider of GSM and iridium-based fleet management and satellite tracking solutions | United Kingdom | 2001 |
Business Activity of Nelco Limited
Nelco Limited operates primarily in the information and communication sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Information and communication | Locked | Wired, wireless or satellite Telecommunication activities | Locked |
Detailed business activity records for Nelco Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
Verified entity values are shown only after access is granted.
Auditor Details of Nelco Limited
Nelco Limited is audited by S.R. Batliboi & Associates LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| S.R. Batliboi & Associates LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Nelco Limited
Nelco Limited is currently managed by 6 directors, with 30 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Pradip Jyoti Nath
Also directs:
Nelco Network Products Limited, Claricent Partners Llp, Technopolis Knowledge Park Limited and 1 more
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Managing Director | 22 Jan 2013 | 13 Years 6 Months | Current |
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Lakshmi Anant Nadkarni
Also directs:
Ponni Sugars (Erode) Limited, All Time Plastics Limited
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Director | 28 Jan 2020 | 6 Years 6 Months | Current |
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Ajay Kumar Pandey
Also directs:
Nelco Network Products Limited
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Director | 28 Jan 2020 | 6 Years 6 Months | Current |
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Saurabh Ray
Also directs:
Nelco Network Products Limited
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Director | 26 Apr 2022 | 4 Years 3 Months | Current |
| Amur Swaminathan Lakshminarayanan | Director | 29 May 2022 | 4 Years 2 Months | Current |
| Vijay Bhagwanji Somaiya | Director | 27 Jan 2025 | 1 Years 6 Months | Current |
Financials of Nelco Limited FY 2026 filings available
Nelco Limited reported revenue of ₹306.6 Cr (up 0.57% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹306.6 Cr | ₹304.87 Cr | ₹320.3 Cr | ₹313.33 Cr | ₹260.07 Cr | ₹226.12 Cr | ₹219.93 Cr |
| Other Income | ₹4.36 Cr | ₹5.18 Cr | ₹2.36 Cr | ₹2.57 Cr | ₹4.74 Cr | ₹2.84 Cr | ₹2.59 Cr |
| Total Income | ₹310.96 Cr | ₹310.05 Cr | ₹322.66 Cr | ₹315.9 Cr | ₹264.81 Cr | ₹228.96 Cr | ₹222.52 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹42.35 Cr | ₹31.84 Cr | ₹39.89 Cr | ₹56.14 Cr | ₹49.11 Cr | ₹28.89 Cr | ₹33.74 Cr |
| Changes in Inventories | -₹5.56 Cr | -₹4.82 Cr | -₹4.6 Cr | -₹5.44 Cr | -₹4.43 Cr | -₹86 Lakh | -₹2.63 Cr |
| Employee Benefit Expense | ₹50.54 Cr | ₹45.73 Cr | ₹43.04 Cr | ₹36.94 Cr | ₹34.03 Cr | ₹34.11 Cr | ₹33.61 Cr |
| Finance Costs | ₹4.87 Cr | ₹5.52 Cr | ₹6.57 Cr | ₹7.73 Cr | ₹7.53 Cr | ₹9.53 Cr | ₹13.23 Cr |
| Depreciation & Amortisation | ₹19.95 Cr | ₹22.16 Cr | ₹22.14 Cr | ₹27.78 Cr | ₹24.64 Cr | ₹22.3 Cr | ₹20.02 Cr |
| Other Expenses | ₹190.71 Cr | ₹190.15 Cr | ₹182.58 Cr | ₹164.93 Cr | ₹130.78 Cr | ₹119.11 Cr | ₹105.44 Cr |
| Total Expenses | ₹302.86 Cr | ₹290.58 Cr | ₹289.62 Cr | ₹288.08 Cr | ₹241.66 Cr | ₹213.08 Cr | ₹203.41 Cr |
| Profit Before Exceptional Items & Tax | ₹8.1 Cr | ₹19.47 Cr | ₹33.04 Cr | ₹27.82 Cr | ₹23.15 Cr | ₹15.88 Cr | ₹19.11 Cr |
| Exceptional Items | -₹3.81 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.15 Cr |
| Profit Before Tax | ₹4.29 Cr | ₹19.47 Cr | ₹33.04 Cr | ₹27.82 Cr | ₹23.15 Cr | ₹15.88 Cr | ₹20.26 Cr |
| Total Tax Expense | ₹1.27 Cr | ₹10.13 Cr | ₹9.84 Cr | ₹7.97 Cr | ₹7.07 Cr | ₹3.52 Cr | ₹5.88 Cr |
| Net Profit | ₹3.32 Cr | ₹9.53 Cr | ₹23.67 Cr | ₹19.85 Cr | ₹16.08 Cr | ₹12.36 Cr | ₹14.38 Cr |
| attributable to Owners | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - |
| attributable to NCI | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - |
| Other Comprehensive Income | -₹11 Lakh | -₹19 Lakh | -₹8 Lakh | -₹24 Lakh | -₹30 Lakh | ₹28 Lakh | -₹31 Lakh |
| Total Comprehensive Income | ₹3.21 Cr | ₹9.34 Cr | ₹23.59 Cr | ₹19.61 Cr | ₹15.78 Cr | ₹12.64 Cr | ₹14.07 Cr |
| EBITDA (computed) | ₹32.92 Cr | ₹47.15 Cr | ₹61.75 Cr | ₹63.33 Cr | ₹55.32 Cr | ₹47.71 Cr | ₹52.36 Cr |
| Basic EPS | ₹1.45 | ₹4.18 | ₹10.37 | ₹8.70 | ₹7.05 | ₹5.42 | ₹6.30 |
| Diluted EPS | ₹1.45 | ₹4.18 | ₹10.37 | ₹8.70 | ₹7.05 | ₹5.42 | ₹6.30 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹347.37 Cr | ₹287.45 Cr | ₹281.96 Cr | ₹262.23 Cr |
| Non-current Assets | ₹165.33 Cr | ₹120.29 Cr | ₹130.4 Cr | ₹119.03 Cr |
| Current Assets | ₹182.04 Cr | ₹167.16 Cr | ₹151.56 Cr | ₹143.2 Cr |
| Property, Plant & Equipment | ₹72 Cr | ₹73.8 Cr | ₹82.81 Cr | ₹90.61 Cr |
| Inventories | ₹36.25 Cr | ₹30.69 Cr | ₹25.87 Cr | ₹21.27 Cr |
| Trade Receivables | ₹103.64 Cr | ₹106.53 Cr | ₹85.07 Cr | ₹82.74 Cr |
| Cash & Equivalents | ₹19.39 Cr | ₹13.85 Cr | ₹21.79 Cr | ₹16.16 Cr |
| Equity (Net Worth) | ₹128.83 Cr | ₹127.9 Cr | ₹123.58 Cr | ₹104.55 Cr |
| Equity Share Capital | ₹22.82 Cr | ₹22.82 Cr | ₹22.82 Cr | ₹22.82 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹17 Lakh | ₹18.62 Cr |
| Borrowings (Current) | ₹58.77 Cr | ₹37.95 Cr | ₹33.05 Cr | ₹19.32 Cr |
| Total Debt (computed) | ₹58.77 Cr | ₹37.95 Cr | ₹33.22 Cr | ₹37.94 Cr |
| Current Liabilities | ₹207.46 Cr | ₹152.5 Cr | ₹139.36 Cr | ₹119.05 Cr |
| Total Liabilities | ₹218.54 Cr | ₹159.55 Cr | ₹158.38 Cr | ₹157.68 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹15.26 Cr | ₹19.85 Cr | ₹44.89 Cr | ₹58.08 Cr | ₹49.44 Cr |
| Investing Cash Flow | -₹20.76 Cr | -₹16.73 Cr | -₹19.22 Cr | -₹24.93 Cr | -₹16.08 Cr |
| Financing Cash Flow | ₹11.04 Cr | -₹11.06 Cr | -₹20.04 Cr | -₹32.64 Cr | -₹19.61 Cr |
| Capital Expenditure | ₹23.28 Cr | ₹16.57 Cr | ₹16.31 Cr | ₹23.11 Cr | ₹17.98 Cr |
| Free Cash Flow (computed) | -₹8.02 Cr | ₹3.28 Cr | ₹28.58 Cr | ₹34.97 Cr | ₹31.46 Cr |
| Dividends Paid | ₹2.23 Cr | ₹4.82 Cr | ₹4.53 Cr | ₹4.07 Cr | ₹2.71 Cr |
| Net Change in Cash | ₹5.54 Cr | -₹7.94 Cr | ₹5.63 Cr | ₹51 Lakh | ₹13.75 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹79.18 Cr | ₹78.3 Cr | ₹74.33 Cr | ₹74.79 Cr | ₹67.52 Cr | ₹80.72 Cr | ₹82.55 Cr | ₹74.08 Cr | ₹81.61 Cr | ₹83.24 Cr | ₹76.65 Cr | ₹78.8 Cr |
| Other Income | ₹1.93 Cr | ₹58 Lakh | ₹1.28 Cr | ₹57 Lakh | ₹2.64 Cr | ₹1.52 Cr | ₹91 Lakh | ₹11 Lakh | ₹73 Lakh | ₹84 Lakh | ₹41 Lakh | ₹38 Lakh |
| Total Income | ₹81.11 Cr | ₹78.88 Cr | ₹75.61 Cr | ₹75.36 Cr | ₹70.16 Cr | ₹82.24 Cr | ₹83.46 Cr | ₹74.19 Cr | ₹82.34 Cr | ₹84.08 Cr | ₹77.06 Cr | ₹79.18 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹8.24 Cr | ₹14.75 Cr | ₹12.94 Cr | ₹6.42 Cr | ₹11.11 Cr | ₹7.39 Cr | ₹7.79 Cr | ₹5.55 Cr | ₹13.42 Cr | ₹5.65 Cr | ₹11.07 Cr | ₹9.75 Cr |
| Changes in Inventories | -₹2.06 Cr | -₹3.99 Cr | -₹3.19 Cr | ₹3.68 Cr | -₹8.57 Cr | -₹24 Lakh | ₹4.35 Cr | -₹36 Lakh | -₹4.4 Cr | ₹3.8 Cr | -₹2.33 Cr | -₹1.67 Cr |
| Employee Benefit Expense | ₹13.79 Cr | ₹12.86 Cr | ₹11.97 Cr | ₹11.92 Cr | ₹11.03 Cr | ₹11.21 Cr | ₹11.44 Cr | ₹12.05 Cr | ₹11.03 Cr | ₹10.46 Cr | ₹10.36 Cr | ₹11.19 Cr |
| Finance Costs | ₹73 Lakh | ₹1.44 Cr | ₹1.52 Cr | ₹1.18 Cr | ₹1.52 Cr | ₹1.51 Cr | ₹1.41 Cr | ₹1.08 Cr | ₹1.44 Cr | ₹1.91 Cr | ₹1.68 Cr | ₹1.54 Cr |
| Depreciation & Amortisation | ₹4.92 Cr | ₹5.02 Cr | ₹5.09 Cr | ₹4.92 Cr | ₹6.43 Cr | ₹5.26 Cr | ₹5.18 Cr | ₹5.29 Cr | ₹5.95 Cr | ₹5.85 Cr | ₹5.12 Cr | ₹5.22 Cr |
| Other Expenses | ₹53.68 Cr | ₹46.86 Cr | ₹45.14 Cr | ₹45.03 Cr | ₹47.32 Cr | ₹50.18 Cr | ₹48.13 Cr | ₹44.52 Cr | ₹46.84 Cr | ₹47.01 Cr | ₹43.64 Cr | ₹45.09 Cr |
| Total Expenses | ₹79.3 Cr | ₹76.94 Cr | ₹73.47 Cr | ₹73.15 Cr | ₹68.84 Cr | ₹75.31 Cr | ₹78.3 Cr | ₹68.13 Cr | ₹74.28 Cr | ₹74.68 Cr | ₹69.54 Cr | ₹71.12 Cr |
| Profit Before Exceptional Items & Tax | ₹1.81 Cr | ₹1.94 Cr | ₹2.14 Cr | ₹2.21 Cr | ₹1.32 Cr | ₹6.93 Cr | ₹5.16 Cr | ₹6.06 Cr | ₹8.06 Cr | ₹9.4 Cr | ₹7.52 Cr | ₹8.06 Cr |
| Exceptional Items | ₹0 | -₹3.81 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1.81 Cr | -₹1.87 Cr | ₹2.14 Cr | ₹2.21 Cr | ₹1.32 Cr | ₹6.93 Cr | ₹5.16 Cr | ₹6.06 Cr | ₹8.06 Cr | ₹9.4 Cr | ₹7.52 Cr | ₹8.06 Cr |
| Total Tax Expense | ₹66 Lakh | -₹54 Lakh | ₹55 Lakh | ₹60 Lakh | ₹5.21 Cr | ₹2.03 Cr | ₹1.34 Cr | ₹1.55 Cr | ₹2.11 Cr | ₹3.54 Cr | ₹1.86 Cr | ₹2.33 Cr |
| Net Profit | ₹1.09 Cr | -₹1.19 Cr | ₹1.62 Cr | ₹1.8 Cr | -₹4.08 Cr | ₹4.95 Cr | ₹4.1 Cr | ₹4.56 Cr | ₹6.1 Cr | ₹6.15 Cr | ₹5.69 Cr | ₹5.73 Cr |
| attributable to Owners | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| attributable to NCI | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | ₹38 Lakh | ₹0 | -₹7 Lakh | -₹42 Lakh | ₹6 Lakh | -₹6 Lakh | ₹11 Lakh | -₹30 Lakh | ₹12 Lakh | ₹20 Lakh | ₹8 Lakh | -₹48 Lakh |
| Total Comprehensive Income | ₹1.47 Cr | -₹1.19 Cr | ₹1.55 Cr | ₹1.38 Cr | -₹4.02 Cr | ₹4.89 Cr | ₹4.21 Cr | ₹4.26 Cr | ₹6.22 Cr | ₹6.35 Cr | ₹5.77 Cr | ₹5.25 Cr |
| EBITDA (computed) | ₹7.46 Cr | ₹8.4 Cr | ₹8.75 Cr | ₹8.31 Cr | ₹9.27 Cr | ₹13.7 Cr | ₹11.75 Cr | ₹12.43 Cr | ₹15.45 Cr | ₹17.16 Cr | ₹14.32 Cr | ₹14.82 Cr |
| Basic EPS | ₹0.48 | ₹-0.52 | ₹0.71 | ₹0.79 | ₹-1.79 | ₹2.17 | ₹1.80 | ₹2.00 | ₹2.67 | ₹2.69 | ₹2.49 | ₹2.51 |
| Diluted EPS | ₹0.48 | ₹-0.52 | ₹0.71 | ₹0.79 | ₹-1.79 | ₹2.17 | ₹1.80 | ₹2.00 | ₹2.67 | ₹2.69 | ₹2.49 | ₹2.51 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹197.7 Cr | ₹205.63 Cr | ₹222.68 Cr | ₹197.04 Cr | ₹143.16 Cr | ₹38.42 Cr | ₹38.33 Cr |
| Other Income | ₹4 Cr | ₹3.95 Cr | ₹2.36 Cr | ₹2.68 Cr | ₹2.59 Cr | ₹1.17 Cr | ₹2.41 Cr |
| Total Income | ₹201.7 Cr | ₹209.58 Cr | ₹225.04 Cr | ₹199.72 Cr | ₹145.75 Cr | ₹39.59 Cr | ₹40.74 Cr |
| Cost of Materials Consumed | ₹0 | ₹2 Lakh | ₹19 Lakh | ₹27 Lakh | ₹43 Lakh | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹39 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹32.55 Cr | ₹29.34 Cr | ₹27.85 Cr | ₹23.39 Cr | ₹21.15 Cr | ₹18.99 Cr | ₹17.48 Cr |
| Finance Costs | ₹1.05 Cr | ₹1.54 Cr | ₹2.49 Cr | ₹3.37 Cr | ₹2.68 Cr | ₹2.77 Cr | ₹5.08 Cr |
| Depreciation & Amortisation | ₹12.78 Cr | ₹12.63 Cr | ₹12.84 Cr | ₹10.65 Cr | ₹8.35 Cr | ₹52 Lakh | ₹72 Lakh |
| Other Expenses | ₹144.3 Cr | ₹146.13 Cr | ₹151.43 Cr | ₹132.69 Cr | ₹99.85 Cr | ₹11.77 Cr | ₹11.99 Cr |
| Total Expenses | ₹191.07 Cr | ₹189.66 Cr | ₹194.8 Cr | ₹170.37 Cr | ₹132.46 Cr | ₹34.05 Cr | ₹35.27 Cr |
| Profit Before Exceptional Items & Tax | ₹10.63 Cr | ₹19.92 Cr | ₹30.24 Cr | ₹29.35 Cr | ₹13.29 Cr | ₹5.54 Cr | ₹5.47 Cr |
| Exceptional Items | -₹2.38 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹5.64 Cr |
| Profit Before Tax | ₹8.25 Cr | ₹19.92 Cr | ₹30.24 Cr | ₹29.35 Cr | ₹13.29 Cr | ₹5.54 Cr | ₹11.11 Cr |
| Total Tax Expense | ₹2.16 Cr | ₹10.11 Cr | ₹8.97 Cr | ₹8.47 Cr | ₹3.07 Cr | ₹1.39 Cr | ₹2.84 Cr |
| Net Profit | ₹6.09 Cr | ₹9.81 Cr | ₹21.27 Cr | ₹20.88 Cr | ₹11.09 Cr | ₹7.18 Cr | ₹13.68 Cr |
| Other Comprehensive Income | -₹6 Lakh | -₹14 Lakh | -₹10 Lakh | -₹19 Lakh | -₹56 Lakh | ₹28 Lakh | -₹31 Lakh |
| Total Comprehensive Income | ₹6.03 Cr | ₹9.67 Cr | ₹21.17 Cr | ₹20.69 Cr | ₹10.53 Cr | ₹7.46 Cr | ₹13.37 Cr |
| EBITDA (computed) | ₹24.46 Cr | ₹34.09 Cr | ₹45.57 Cr | ₹43.37 Cr | ₹24.32 Cr | ₹8.83 Cr | ₹11.27 Cr |
| Basic EPS | ₹2.67 | ₹4.30 | ₹9.32 | ₹9.15 | ₹4.48 | ₹1.82 | ₹3.63 |
| Diluted EPS | ₹2.67 | ₹4.30 | ₹9.32 | ₹9.15 | ₹4.48 | ₹1.82 | ₹3.63 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹232.39 Cr | ₹183.33 Cr | ₹194.72 Cr | ₹177.24 Cr |
| Non-current Assets | ₹156.38 Cr | ₹120.6 Cr | ₹128.12 Cr | ₹111.18 Cr |
| Current Assets | ₹76.01 Cr | ₹62.73 Cr | ₹66.6 Cr | ₹66.06 Cr |
| Property, Plant & Equipment | ₹54.26 Cr | ₹56.94 Cr | ₹62.16 Cr | ₹60.82 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹43.38 Cr | ₹39.95 Cr | ₹37.79 Cr | ₹40.99 Cr |
| Cash & Equivalents | ₹19.39 Cr | ₹13.85 Cr | ₹19.56 Cr | ₹12.69 Cr |
| Equity (Net Worth) | ₹126.15 Cr | ₹122.4 Cr | ₹117.75 Cr | ₹101.14 Cr |
| Equity Share Capital | ₹22.82 Cr | ₹22.82 Cr | ₹22.82 Cr | ₹22.82 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹11.61 Cr |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹6.87 Cr |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹18.48 Cr |
| Current Liabilities | ₹99.1 Cr | ₹51.9 Cr | ₹66.48 Cr | ₹55.91 Cr |
| Total Liabilities | ₹106.24 Cr | ₹60.93 Cr | ₹76.97 Cr | ₹76.1 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹22.41 Cr | ₹12.42 Cr | ₹48.59 Cr | ₹39.89 Cr | ₹12.35 Cr |
| Investing Cash Flow | -₹12.35 Cr | -₹9.45 Cr | -₹16.24 Cr | -₹21.67 Cr | -₹8.72 Cr |
| Financing Cash Flow | -₹4.52 Cr | -₹8.68 Cr | -₹25.48 Cr | -₹10.31 Cr | -₹71 Lakh |
| Capital Expenditure | ₹13.39 Cr | ₹9.28 Cr | ₹13.31 Cr | ₹22.08 Cr | ₹11.56 Cr |
| Free Cash Flow (computed) | ₹9.02 Cr | ₹3.14 Cr | ₹35.28 Cr | ₹17.81 Cr | ₹79 Lakh |
| Dividends Paid | ₹2.23 Cr | ₹4.82 Cr | ₹4.53 Cr | ₹4.07 Cr | ₹2.71 Cr |
| Net Change in Cash | ₹5.54 Cr | -₹5.71 Cr | ₹6.87 Cr | ₹7.91 Cr | ₹2.92 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹52.55 Cr | ₹49.66 Cr | ₹48.62 Cr | ₹46.87 Cr | ₹50.77 Cr | ₹51.2 Cr | ₹50.38 Cr | ₹53.28 Cr | ₹55.21 Cr | ₹57.97 Cr | ₹53.88 Cr | ₹55.62 Cr |
| Other Income | ₹1.61 Cr | ₹57 Lakh | ₹1.14 Cr | ₹68 Lakh | ₹1.46 Cr | ₹1.41 Cr | ₹97 Lakh | ₹11 Lakh | ₹64 Lakh | ₹85 Lakh | ₹52 Lakh | ₹35 Lakh |
| Total Income | ₹54.16 Cr | ₹50.23 Cr | ₹49.76 Cr | ₹47.55 Cr | ₹52.23 Cr | ₹52.61 Cr | ₹51.35 Cr | ₹53.39 Cr | ₹55.85 Cr | ₹58.82 Cr | ₹54.4 Cr | ₹55.97 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹1 Lakh | ₹0 | ₹1 Lakh | ₹0 | ₹16 Lakh | ₹0 | ₹0 | ₹3 Lakh |
| Purchases of Stock-in-Trade | ₹0 | ₹39 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹8.93 Cr | ₹8.28 Cr | ₹7.81 Cr | ₹7.53 Cr | ₹6.94 Cr | ₹7.26 Cr | ₹7.51 Cr | ₹7.63 Cr | ₹7.33 Cr | ₹6.82 Cr | ₹6.6 Cr | ₹7.1 Cr |
| Finance Costs | ₹27 Lakh | ₹23 Lakh | ₹34 Lakh | ₹21 Lakh | ₹50 Lakh | ₹57 Lakh | ₹38 Lakh | ₹9 Lakh | ₹53 Lakh | ₹91 Lakh | ₹50 Lakh | ₹55 Lakh |
| Depreciation & Amortisation | ₹3.11 Cr | ₹3.3 Cr | ₹3.24 Cr | ₹3.13 Cr | ₹2.71 Cr | ₹3.15 Cr | ₹3.27 Cr | ₹3.5 Cr | ₹3.4 Cr | ₹3.38 Cr | ₹3.15 Cr | ₹2.91 Cr |
| Other Expenses | ₹38.05 Cr | ₹36.35 Cr | ₹34.79 Cr | ₹35.11 Cr | ₹35.68 Cr | ₹35.42 Cr | ₹38.39 Cr | ₹36.64 Cr | ₹38.85 Cr | ₹38.85 Cr | ₹36.11 Cr | ₹37.62 Cr |
| Total Expenses | ₹50.36 Cr | ₹48.55 Cr | ₹46.18 Cr | ₹45.98 Cr | ₹45.84 Cr | ₹46.4 Cr | ₹49.56 Cr | ₹47.86 Cr | ₹50.27 Cr | ₹49.96 Cr | ₹46.36 Cr | ₹48.21 Cr |
| Profit Before Exceptional Items & Tax | ₹3.8 Cr | ₹1.68 Cr | ₹3.58 Cr | ₹1.57 Cr | ₹6.39 Cr | ₹6.21 Cr | ₹1.79 Cr | ₹5.53 Cr | ₹5.58 Cr | ₹8.86 Cr | ₹8.04 Cr | ₹7.76 Cr |
| Exceptional Items | ₹0 | -₹2.38 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹3.8 Cr | -₹70 Lakh | ₹3.58 Cr | ₹1.57 Cr | ₹6.39 Cr | ₹6.21 Cr | ₹1.79 Cr | ₹5.53 Cr | ₹5.58 Cr | ₹8.86 Cr | ₹8.04 Cr | ₹7.76 Cr |
| Total Tax Expense | ₹1.01 Cr | -₹13 Lakh | ₹87 Lakh | ₹41 Lakh | ₹6.42 Cr | ₹1.82 Cr | ₹47 Lakh | ₹1.4 Cr | ₹1.4 Cr | ₹3.37 Cr | ₹2.01 Cr | ₹2.19 Cr |
| Net Profit | ₹2.79 Cr | -₹57 Lakh | ₹2.71 Cr | ₹1.16 Cr | -₹3 Lakh | ₹4.39 Cr | ₹1.32 Cr | ₹4.13 Cr | ₹4.18 Cr | ₹5.49 Cr | ₹6.03 Cr | ₹5.57 Cr |
| Other Comprehensive Income | ₹25 Lakh | ₹0 | -₹6 Lakh | -₹25 Lakh | ₹7 Lakh | -₹1 Lakh | ₹2 Lakh | -₹22 Lakh | ₹7 Lakh | ₹10 Lakh | ₹4 Lakh | -₹31 Lakh |
| Total Comprehensive Income | ₹3.04 Cr | -₹57 Lakh | ₹2.65 Cr | ₹91 Lakh | ₹4 Lakh | ₹4.38 Cr | ₹1.34 Cr | ₹3.91 Cr | ₹4.25 Cr | ₹5.59 Cr | ₹6.07 Cr | ₹5.26 Cr |
| EBITDA (computed) | ₹7.18 Cr | ₹5.21 Cr | ₹7.16 Cr | ₹4.91 Cr | ₹9.6 Cr | ₹9.93 Cr | ₹5.44 Cr | ₹9.12 Cr | ₹9.51 Cr | ₹13.15 Cr | ₹11.69 Cr | ₹11.22 Cr |
| Basic EPS | ₹1.22 | ₹-0.25 | ₹1.19 | ₹0.51 | ₹-0.01 | ₹1.92 | ₹0.58 | ₹1.81 | ₹1.83 | ₹2.40 | ₹2.64 | ₹2.44 |
| Diluted EPS | ₹1.22 | ₹-0.25 | ₹1.19 | ₹0.51 | ₹-0.01 | ₹1.92 | ₹0.58 | ₹1.81 | ₹1.83 | ₹2.40 | ₹2.64 | ₹2.44 |
Shareholding Pattern of Nelco Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 50.09%, foreign institutional investors hold 4.72%, domestic institutional investors hold 0.26%, retail and other public shareholders hold 44.68% of Nelco Limited. The company had 71,660 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 50.09% | 50.09% | 50.09% | 50.09% | 50.09% | 50.09% |
| Public | 49.91% | 49.91% | 49.91% | 49.91% | 49.91% | 49.91% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 50.09% | 50.09% | 50.09% | 50.09% | 50.09% | 50.09% | 50.09% | 50.09% | 50.09% | 50.10% | 50.10% |
| Public | 49.91% | 49.91% | 49.91% | 49.91% | 49.91% | 49.91% | 49.91% | 49.91% | 49.91% | 49.90% | 49.90% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | -0.01 | +0.00 | - |
Board & Governance of Nelco Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Nelco Limited has 6 directors - 3 independent and 1 executive. The board is chaired by Amur Swaminathan Lakshminarayanan.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Amur Swaminathan Lakshminarayanan | Non-Executive - Non Independent Director · Chairperson | 2022-05-29 | 3 |
| Pradip Jyoti Nath | Executive Director · CEO-MD | 2012-06-13 | 1 |
| Vijay B Somaiya | Non-Executive - Independent Director | 2025-01-27 | 1 |
| Lakshmi Nadkarni | Non-Executive - Independent Director | 2020-01-28 | 3 |
| Ajay Kumar Pandey | Non-Executive - Independent Director | 2020-01-28 | 2 |
| Saurabh Ray | Non-Executive - Non Independent Director | 2022-04-26 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Vijay B Somaiya (Chairperson), Lakshmi Nadkarni, Ajay Kumar Pandey, Saurabh Ray |
| Nomination and remuneration committee | Lakshmi Nadkarni (Chairperson), Vijay B Somaiya, Ajay Kumar Pandey, Saurabh Ray |
| Stakeholders Relationship Committee | Saurabh Ray (Chairperson), Pradip Jyoti Nath, Lakshmi Nadkarni |
| Risk Management Committee | Ajay Kumar Pandey (Chairperson), Pradip Jyoti Nath, Saurabh Ray |
Group Structure of Nelco Limited
Nelco Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Nelco Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Nelco Network Products Limited | U32309MH2016PLC285693 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Nelco Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jan 2007 | Axis Bank Limited | ₹38 Cr | Open |
| 02 Feb 1996 | Union Bank of India | ₹1.67 Cr | Open |
| 14 Feb 1992 | Idbi Bank | ₹50 Cr | Open |
| 13 Jan 1992 | Bank of India | ₹15 Cr | Open |
| 05 Oct 1987 | The Investment Co-Op Bank Ltd | ₹2 Cr | Open |
Total charge records: 64 View all charges
Employees and EPFO Compliance at Nelco Limited
Nelco Limited has a workforce of 94 employees as of Oct 09, 2025.
Employee and EPFO history for Nelco Limited
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GST Compliance of Nelco Limited
GST registrations and filing compliance for Nelco Limited
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Credit Ratings, Litigation & Regulatory Alerts for Nelco Limited
Credit ratings, litigation, and regulatory alerts for Nelco Limited
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MSME Payment Delays by Nelco Limited
MSME payment history for Nelco Limited
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Subsidiaries & Group Companies of Nelco Limited
Corporate group structure for Nelco Limited
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MCA Filings & Documents of Nelco Limited
MCA filings and documents for Nelco Limited
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Recent Activity on Nelco Limited
Recent News on Nelco Limited
Frequently Asked Questions about Nelco Limited
Nelco Limited is an active public limited company in the telecom sector based in Navi Mumbai, Maharashtra, India. It was incorporated on 31 August 1940 (86+ years old) and is registered under CIN L32200MH1940PLC003164. Listed on BSE: 504112 and NSE: NELCO. The company has 94 employees.
Nelco Limited reported revenue of ₹306.6 Cr for FY 2026 (up 0.57% YoY) based on consolidated NSE filings.
The current directors of Nelco Limited are:
- Pradip Jyoti Nath - Managing Director
- Lakshmi Anant Nadkarni - Director
- Ajay Kumar Pandey - Director
- Saurabh Ray - Director
- Amur Swaminathan Lakshminarayanan - Director
- Vijay Bhagwanji Somaiya - Director
The primary industry of Nelco Limited is telecom. The company specifically operates in telecom equipment and tech solutions. The company is currently active in this sector.
Yes. Nelco Limited is listed on both BSE (code: 504112) and NSE (symbol: NELCO).
Nelco Limited can be reached at the registered office: Midc Plot No. El 6 Ttc Industrial Area Electronics Zone Mahape, Navi Mumbai, Maharashtra, India – 400710, or through the website nelco.in.