Nelco Limited

BSE: 504112 NSE: NELCO
Nelco Limited - telecom in Navi Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L32200MH1940PLC003164 Incorporated 31 August 1940 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Active Listed - NSE: NELCO · BSE: 504112 Public Limited Company telecom
Data last updated
Revenue · FY 2026
₹306.6 Cr
▲ 0.57% YoY
EBITDA · FY 2026
₹32.92 Cr
▼ 30.18% YoY
Net profit · FY 2026
₹3.32 Cr
▼ 65.16% YoY
Authorised capital
₹55 Cr
Registered with MCA
Paid-up capital
₹22.82 Cr
Issued & subscribed
Open charges
₹111.42 Cr
Satisfied ₹482.58 Cr
Company age
86 yrs
Est. 1940
Employees · EPFO
94
Latest available

About Nelco Limited

Data last updated: 23 February 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 Lakshmi Anant Nadkarni and Amur Lakshminarayanan Swaminathan.

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 the financials filed for FY 2025, the company reported a revenue of ₹209.58 Cr, a decline of 6.87% compared to the previous year.

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.

Company Details of Nelco Limited
CIN L32200MH1940PLC003164
Registration Number 003164
Incorporation Date 31 August 1940
ROC Mumbai
Listing Status Listed (BSE: 504112, NSE: NELCO)
Company Status Active
Date of Last AGM 24 June 2025
Date of Balance Sheet 31 March 2025
Parent Company The Tata Power Company Limited
Compliance Status Active Compliant
Key People
Pradip Jyoti Nath Managing Director Lakshmi Anant Nadkarni Director Amur Lakshminarayanan Swaminathan Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    nelco.in
  • Social Media
  • Registered Address
    Midc Plot No. El 6 Ttc Industrial Area Electronics Zone Mahape, Navi Mumbai, Maharashtra, India – 400710
  • Industry
    Telecom, Telecom Equipment & Tech Solutions
Company report
Nelco Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Nelco Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Nelco Limited

Nelco Limited operates one associated brand: Nelco. These brands represent Nelco Limited's diversified market presence and brand portfolio.

Brand Description Website
Nelco
IT services suite solutions are provided by Nelco. nelco.in

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
Kymeta Kymeta Cloud-based antenna systems for satellite communications are provided. Seattle, United States, United States 2012
Gilat Satellite Networks Gilat Satellite Networks Satellite-based broadband communications solutions and services are provided. Petah Tikva, Israel, Israel 1987
Iridium Communications Iridium Communications Satellite and telecommunication services are provided globally. Mclean, United States, United States 2001
ST Engineering ST Engineering SaaS-based solutions for rail fleet operations management are developed. Singapore, Singapore, Singapore 1967
Globalstar Globalstar Provider of satellite communication services Covington, United States, United States 1991
Ovzon Ovzon Satellite internet services are provided for mobile broadband access. Solna, Sweden, Sweden 2006
KVH KVH Satellite communication and sensor systems are provided globally. Middletown, United States, United States 1982
ORBIT Communication Systems ORBIT Communication Systems Satellite and mission-control communication solutions are provided for defense applications. Netanya, Israel, Israel 1950
MobiApps MobiApps Hybrid terrestrial and satellite technologies are provided for commercial communications. Austin, United States, United States 2001
Blue Sky Network Blue Sky Network 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
********* Information and communication ********* Wired, wireless or satellite Telecommunication activities *********

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 8 directors, with 36 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Lakshmi Anant Nadkarni
Also directs: Ponni Sugars (Erode) Limited, All Time Plastics Limited
Director 28 Jan 2020 6 Years 5 Months Current
Amur Lakshminarayanan Swaminathan
Also directs: Tata Communications Limited, Tata Teleservices (Maharashtra) Limited, Novamesh Limited and 1 more
Director 29 May 2022 4 Years 1 Months Current
Pradip Jyoti Nath
Also directs: Nelco Network Products Limited, Claricent Partners Llp, Technopolis Knowledge Park Limited and 1 more
Managing Director 22 Jan 2013 13 Years 5 Months Current
Vijay Bhagwanji Somaiya
Also directs: Tata Motors Insurance Broking And Advisory Services Limited
Director 27 Jan 2025 1 Years 5 Months Current
Ajay Kumar Pandey
Also directs: Purple Finance Limited, Nelco Network Products Limited
Director 28 Jan 2020 6 Years 5 Months Current
Saurabh Ray
Also directs: Nelco Network Products Limited
Director 26 Apr 2022 4 Years 2 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Nelco Limited FY 2026 filings available

Nelco Limited reported revenue of ₹306.6 Cr (up 0.57% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹306.6 Cr ▲ 0.57%
Profit · FY 2026
₹3.32 Cr ▼ 65.16%
EBITDA · FY 2026
₹32.92 Cr ▼ 30.18%
Revenue₹ Cr · Consolidated0200400FY 2020: ₹220 Cr220FY 2020FY 2021: ₹226 Cr · +2.8% YoY226+2.8%FY 2021FY 2022: ₹260 Cr · +15% YoY260+15%FY 2022FY 2023: ₹313 Cr · +20.5% YoY313+20.5%FY 2023FY 2024: ₹320 Cr · +2.2% YoY320+2.2%FY 2024FY 2025: ₹305 Cr · -4.8% YoY305-4.8%FY 2025FY 2026: ₹307 Cr · +0.6% YoY307+0.6%FY 2026
Net Profit₹ Cr · Consolidated0102030FY 2020: ₹14 Cr14.4FY 2020FY 2021: ₹12 Cr · -14% YoY12.4-14%FY 2021FY 2022: ₹16 Cr · +30.1% YoY16.1+30.1%FY 2022FY 2023: ₹20 Cr · +23.4% YoY19.9+23.4%FY 2023FY 2024: ₹24 Cr · +19.2% YoY23.7+19.2%FY 2024FY 2025: ₹10 Cr · -59.7% YoY9.5-59.7%FY 2025FY 2026: ₹3 Cr · -65.2% YoY3.3-65.2%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year050100Q1'25: ₹74 Cr · -6% YoY74.1-6%Q1'25Q2'25: ₹83 Cr · +7.7% YoY82.6+7.7%Q2'25Q3'25: ₹81 Cr · -3% YoY80.7-3%Q3'25Q4'25: ₹68 Cr · -17.3% YoY67.5-17.3%Q4'25Q1'26: ₹75 Cr · +1% YoY74.8+1%Q1'26Q2'26: ₹74 Cr · -10% YoY74.3-10%Q2'26Q3'26: ₹78 Cr · -3% YoY78.3-3%Q3'26Q4'26: ₹79 Cr · +17.3% YoY79.2+17.3%Q4'26
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
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
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
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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
Latest 12 quarters shown of 25 on record.
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
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
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
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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
Latest 12 quarters shown of 25 on record.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Nelco Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

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.

Promoters: 50.09%DII (Domestic Institutional): 0.26%FII (Foreign Institutional): 4.72%Retail & Others: 44.68%
Mar 2026
QUARTER
50.09% Promoters
0.26% DII (Domestic Institutional)
4.72% FII (Foreign Institutional)
44.68% Retail & Others
Promoter holding - history
Now 50.09% · Mar 2026High 50.10% · Dec 2015Low 50.09% · Dec 2017
49%49.8%50.5%51.3%52%Dec 2015Jun 2018Dec 2020Jun 2023Dec 2025Dec 2015: 50.10%Mar 2016: 50.10%Jun 2016: 50.10%Sep 2016: 50.10%Dec 2016: 50.10%Mar 2017: 50.10%Jun 2017: 50.10%Sep 2017: 50.10%Dec 2017: 50.09%Mar 2018: 50.09%Jun 2018: 50.09%Sep 2018: 50.09%Dec 2018: 50.09%Mar 2019: 50.09%Jun 2019: 50.09%Sep 2019: 50.09%Dec 2019: 50.09%Mar 2020: 50.09%Jun 2020: 50.09%Sep 2020: 50.09%Dec 2020: 50.09%Mar 2021: 50.09%Jun 2021: 50.09%Sep 2021: 50.09%Dec 2021: 50.09%Mar 2022: 50.09%Jun 2022: 50.09%Sep 2022: 50.09%Dec 2022: 50.09%Mar 2023: 50.09%Jun 2023: 50.09%Sep 2023: 50.09%Dec 2023: 50.09%Mar 2024: 50.09%Jun 2024: 50.09%Sep 2024: 50.09%Dec 2024: 50.09%Mar 2025: 50.09%Jun 2025: 50.09%Sep 2025: 50.09%Dec 2025: 50.09%Mar 2026: 50.09%50.10%50.09%50.09%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters50.09%50.09%50.09%50.09%50.09%50.09%
Public49.91%49.91%49.91%49.91%49.91%49.91%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters50.09%50.09%50.09%50.09%50.09%50.09%50.09%50.09%50.09%50.10%50.10%
Public49.91%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.

DirectorPositionOn board sinceListed 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
Board Committees
CommitteeMembers
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.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Nelco Network Products Limited U32309MH2016PLC285693 -

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Nelco Limited

Open charges
₹111.42 Cr
Satisfied charges
₹482.58 Cr
Breakdown by lending institutions
Idbi Bank₹50.00 Cr
Axis Bank Limited₹38.00 Cr
Bank of India₹15.00 Cr
Irbi Bank₹2.60 Cr
Abn Mro Bank₹2.00 Cr
Others₹3.82 Cr
Latest charge details
DateLenderAmountStatus
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 count
94
Active EPFO establishments
1
Employee growth
3.3%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Nelco Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Nelco Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Nelco Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Nelco Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Nelco Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Nelco Limited

MSME Payment Delays by Nelco Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Nelco Limited

Subsidiaries & Group Companies of Nelco Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Nelco Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Nelco Limited

MCA Filings & Documents of Nelco Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Nelco Limited

Activity
24 Jun 2025
Nelco Limited last Annual general meeting of members was held on 24 Jun 2025 as per latest MCA records.
Activity
31 Mar 2025
Nelco Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Directors
27 Jan 2025
Vijay Bhagwanji Somaiya was appointed as a Director on 27 Jan 2025 & has been associated with this company since 1 year 5 months.
Charges
06 Nov 2024
A charge registered on 07 Jun 2022 via Charge ID 100585225 with Others was fully satisfied on 06 Nov 2024.
Directors
17 May 2024
Ritesh Narendrabhai Kamdar was appointed as a Company Secretary on 17 May 2024 & has been associated with this company since 2 years 1 month.
Charges
20 Feb 2024
A charge registered on 17 Apr 1996 via Charge ID 90163360 with Icici Ltd was fully satisfied on 20 Feb 2024.

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 ₹209.58 Cr for FY 2025 (down 6.87% YoY).

The current directors of Nelco Limited are:

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.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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