- #641 Sudhaben Sumant Patel & family ₹5,000 Cr

About Nesco Limited
Data last updated:
Nesco Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 15 April 1946 and has been in existence for over 80 years.
Its director Sudhaben Sumant Patel and family are #641 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L68100MH1946PLC004886. Its GSTIN is 27AAACN1222E1Z3 (Maharashtra). The company holds 4 GST registrations, all of them active. Its shares are listed on BSE: 505355 and NSE: NESCO.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.09 Cr. It was formerly known as Burjorji Pestonji and Sons Private Limited and New Standard Engineering Company Limited. It is led by directors including Krishna Sumant Patel (Managing Director) and Rajesh Gordhandas Upadhyay (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nse Estatewehighway Goregaon (East), Mumbai, Maharashtra, India – 400063.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹932.06 Cr, a growth of 27.3% compared to the previous year. For the same year it recorded a net profit of ₹417.34 Cr (net margin 44.8%) and EBITDA of ₹484.46 Cr (EBITDA margin 52%). The net worth stands at ₹2,996.42 Cr (up 14% YoY). Total assets are valued at ₹3,481.95 Cr (up 22.3% YoY).
The company has about 300 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nesco. As per MCA filings, the company has open charges of ₹30.23 Cr and satisfied charges of ₹23.81 Cr on record. Court records list 328 cases involving the company, including 172 filed by the company and 138 filed against it; 79 cases are pending. The company has 27 deals on record (25 market trades, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹25 Lakh; the latest was in November 2023. Its 10 peer companies in the Events and Entertainment industry (Exhibitions, Industrial Products Manufacturers, Infrastructure Services) are compared by revenue, 5 larger and 5 smaller; the largest is Rittal Private Limited with revenue of ₹877.77 Cr. The company has 22 MSME Form 1 returns on record between 2011 and 2023, listing 1,172 overdue payments to 157 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nesco.in.
Name History of Nesco Limited
Nesco has undergone 2 name changes throughout its history. The company was previously known as Burjorji Pestonji And Sons Private Limited, and New Standard Engineering Company Limited. The current legal name is Nesco Limited.
| Company Name | Status |
|---|---|
| Nesco Limited | Current |
| Burjorji Pestonji And Sons Private Limited | Previous |
| New Standard Engineering Company Limited | Previous |
CIN History of Nesco Limited
Nesco has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L68100MH1946PLC004886, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L68100MH1946PLC004886 | Current |
| U17100MH1946PLC004886 | Previous |
| L17100MH1946PLC004886 | Previous |
Recognitions & Rankings of Nesco
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNse Estatewehighway Goregaon (East), Mumbai, Maharashtra, India – 400063
- IndustryElectrical, General Purpose And Special Purpose Machinery & Equipment, Electrical Equipment, Transport Equipment
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Nesco Limited
The main business activities of Nesco are real estate, manufacturing and arts, entertainment and recreation. In detail, this covers real estate activities with own or leased property, electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and creative, arts and entertainment activities. 3 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities | Locked |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | Locked |
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nesco Limited FY 2025-26 filings available
Nesco Limited reported revenue of ₹932.06 Cr (up 27.3% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 932 | 732 | 678 | 546 | 337 | 291 | 432 |
| Revenue growth | +27.3% | +7.9% | +24.2% | +61.8% | +15.9% | -32.6% | - |
| EBITDA | 484 | 419 | 424 | 349 | 219 | 186 | 278 |
| EBITDA margin | +52.0% | +57.2% | +62.6% | +63.9% | +64.9% | +63.8% | +64.4% |
| Profit before tax | 516 | 489 | 463 | 367 | 226 | 216 | 292 |
| Net profit | 417 | 390 | 364 | 306 | 193 | 172 | 234 |
| Net profit margin | +44.8% | +53.2% | +53.7% | +56.1% | +57.1% | +59.2% | +54.2% |
| EPS (₹) | 58.59 | 53.26 | 51.49 | 41.25 | 26.85 | 24.48 | 33.19 |
| Balance sheet | |||||||
| Total assets | 3,482 | 2,847 | 2,480 | 2,126 | 1,864 | 1,663 | 1,483 |
| Net worth | 2,996 | 2,629 | 2,296 | 1,965 | 1,698 | 1,529 | 1,357 |
| Total debt | 272 | 0.97 | 0.26 | 0.45 | 0.60 | 0.00 | 0.00 |
| Cash & bank | 24.94 | 18.73 | 27.90 | 17.80 | 9.52 | 9.21 | 13.42 |
| Net working capital | (30.90) | (27.49) | (11.31) | 21.62 | 11.57 | (35.29) | (30.08) |
| Cash flow | |||||||
| Cash from operations | 388 | 349 | 377 | - | 163 | 130 | 208 |
| Cash from investing | (610) | (315) | (334) | - | (142) | (133) | (157) |
| Cash from financing | 222 | (42.42) | (32.52) | - | (20.65) | (0.17) | (46.91) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 212 | 252 | 248 | 239 | 193 | 192 | 207 | 192 |
| Revenue growth (YoY) | +9.6% | +31.1% | +20.0% | +24.5% | +36.8% | - | - | - |
| Other income | 43.60 | 20.51 | 26.51 | 24.40 | 28.11 | 19.55 | 31.45 | 33.11 |
| EBITDA | 102 | 118 | 126 | 136 | 110 | 107 | 125 | 120 |
| EBITDA margin | +48.3% | +46.9% | +50.8% | +56.9% | +57.1% | +55.6% | +60.7% | +62.2% |
| Depreciation | 11.67 | 13.71 | 12.89 | 11.59 | 10.87 | 13.21 | 12.82 | 12.02 |
| Interest | 7.26 | 8.27 | 7.76 | 5.44 | 3.76 | 1.18 | 2.22 | 5.63 |
| Profit before tax | 127 | 116 | 132 | 143 | 124 | 112 | 142 | 135 |
| Tax | 27.08 | 23.40 | 27.21 | 24.58 | 27.68 | 23.21 | 31.90 | 28.13 |
| Net profit | 99.96 | 93.05 | 105 | 119 | 96.14 | 88.62 | 110 | 107 |
| EPS (₹) | 14.19 | 13.21 | 14.85 | 16.88 | 13.64 | 12.58 | 15.60 | 15.17 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 932 | 732 | 678 | 546 | 337 | 291 | 432 |
| Revenue growth | +27.3% | +7.9% | +24.2% | +61.8% | +15.9% | -32.6% | - |
| EBITDA | 485 | 419 | 424 | 347 | 219 | 186 | 278 |
| EBITDA margin | +52.0% | +57.2% | +62.6% | +63.6% | +65.0% | +63.8% | +64.5% |
| Profit before tax | 516 | 489 | 463 | 367 | 227 | 216 | 292 |
| Net profit | 417 | 390 | 364 | 306 | 193 | 172 | 234 |
| Net profit margin | +44.8% | +53.2% | +53.7% | +56.1% | +57.1% | +59.3% | +54.2% |
| EPS (₹) | 58.59 | 53.26 | 51.49 | 41.25 | 26.86 | 24.48 | 33.18 |
| Balance sheet | |||||||
| Total assets | 3,482 | 2,847 | 2,480 | 2,126 | 1,862 | 1,661 | 1,480 |
| Net worth | 2,996 | 2,629 | 2,296 | 1,965 | 1,695 | 1,526 | 1,355 |
| Total debt | 272 | 0.97 | 0.26 | 0.41 | 0.55 | 0.00 | 0.00 |
| Cash & bank | 24.43 | 18.63 | 27.90 | 17.75 | 6.51 | 5.83 | 10.20 |
| Net working capital | (31.43) | (27.58) | (11.31) | 21.57 | 8.65 | (38.18) | (33.02) |
| Cash flow | |||||||
| Cash from operations | 388 | 349 | 377 | 297 | 164 | 139 | 208 |
| Cash from investing | (610) | (315) | (334) | (266) | (142) | (142) | (157) |
| Cash from financing | 222 | (42.42) | (32.52) | (23.66) | (20.70) | (0.17) | (46.91) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 212 | 252 | 248 | 239 | 193 | 192 | 207 | 192 |
| Revenue growth (YoY) | +9.6% | +31.1% | +20.0% | +24.5% | +36.8% | - | - | - |
| Other income | 43.60 | 20.51 | 26.50 | 24.40 | 28.11 | 19.55 | 31.45 | 33.10 |
| Total expenses | 109 | 134 | 122 | 103 | 82.94 | 85.33 | 81.11 | 72.54 |
| EBITDA | 102 | 118 | 126 | 136 | 110 | 107 | 125 | 120 |
| EBITDA margin | +48.3% | +46.9% | +50.8% | +56.9% | +57.1% | +55.6% | +60.7% | +62.2% |
| Depreciation | 11.67 | 13.71 | 12.89 | 11.59 | 10.87 | 13.21 | 12.82 | 12.02 |
| Interest | 7.26 | 8.27 | 7.76 | 5.44 | 3.76 | 1.18 | 2.22 | 5.63 |
| Profit before tax | 127 | 116 | 132 | 143 | 124 | 112 | 142 | 135 |
| Tax | 27.08 | 23.40 | 27.21 | 24.58 | 27.68 | 23.21 | 31.90 | 28.13 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 212 | 252 | 248 | 239 | 193 | 192 | 207 | 192 |
| Revenue growth (YoY) | +9.6% | +31.1% | +20.0% | +24.5% | +36.8% | - | - | - |
| Other income | 43.60 | 20.51 | 26.51 | 24.40 | 28.11 | 19.55 | 31.45 | 33.11 |
| EBITDA | 102 | 118 | 126 | 136 | 110 | 107 | 125 | 120 |
| EBITDA margin | +48.3% | +46.9% | +50.8% | +56.9% | +57.1% | +55.6% | +60.7% | +62.2% |
| Depreciation | 11.67 | 13.71 | 12.89 | 11.59 | 10.87 | 13.21 | 12.82 | 12.02 |
| Interest | 7.26 | 8.27 | 7.76 | 5.44 | 3.76 | 1.18 | 2.22 | 5.63 |
| Profit before tax | 127 | 116 | 132 | 143 | 124 | 112 | 142 | 135 |
| Tax | 27.08 | 23.40 | 27.21 | 24.58 | 27.68 | 23.21 | 31.90 | 28.13 |
| Net profit | 99.96 | 93.05 | 105 | 119 | 96.14 | 88.62 | 110 | 107 |
| EPS (₹) | 14.19 | 13.21 | 14.85 | 16.88 | 13.64 | 12.58 | 15.60 | 15.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 932 | 732 | 678 | 546 | 337 | 291 | 432 |
| Revenue growth | +27.3% | +7.9% | +24.2% | +61.8% | +15.9% | -32.6% | - |
| Other income | 105 | 133 | 107 | 63.26 | 45.01 | 64.60 | 42.55 |
| Total expenses | 448 | 313 | 254 | 197 | 118 | 105 | 154 |
| Employee cost | 44.53 | 33.53 | 27.65 | 19.64 | 13.40 | 16.00 | 19.91 |
| EBITDA | 484 | 419 | 424 | 349 | 219 | 186 | 278 |
| EBITDA margin | +52.0% | +57.2% | +62.6% | +63.9% | +64.9% | +63.8% | +64.4% |
| Depreciation | 49.06 | 49.93 | 54.17 | 32.79 | 28.31 | 25.73 | 22.44 |
| Interest | 25.23 | 12.32 | 14.05 | 12.21 | 9.22 | 8.22 | 6.02 |
| Profit before tax | 516 | 489 | 463 | 367 | 226 | 216 | 292 |
| Tax | 103 | 114 | 100 | 76.33 | 37.29 | 43.85 | 58.39 |
| Net profit | 417 | 390 | 364 | 306 | 193 | 172 | 234 |
| Net profit margin | +44.8% | +53.2% | +53.7% | +56.1% | +57.1% | +59.2% | +54.2% |
| EPS (₹) | 58.59 | 53.26 | 51.49 | 41.25 | 26.85 | 24.48 | 33.19 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 14.09 | 14.09 | 14.09 | 14.09 | 14.09 | 14.09 | 14.09 |
| Reserves & surplus | 2,982 | 2,615 | 2,282 | 1,950 | 1,684 | 1,515 | 1,343 |
| Shareholders' funds (net worth) | 2,996 | 2,629 | 2,296 | 1,965 | 1,698 | 1,529 | 1,357 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 272 | 0.97 | 0.26 | 0.45 | 0.60 | 0.00 | 0.00 |
| Total debt | 272 | 0.97 | 0.26 | 0.45 | 0.60 | 0.00 | 0.00 |
| Total liabilities | 3,482 | 2,847 | 2,480 | 2,126 | 1,864 | 1,663 | 1,483 |
| Assets | |||||||
| Gross block | 1,313 | 1,038 | 951 | 945 | 957 | 843 | 835 |
| Net block | 1,175 | 916 | 757 | 804 | 846 | 759 | 776 |
| Capital work in progress | 763 | 753 | 162 | 85.65 | 82.36 | 51.00 | 1.55 |
| Investments | 1,520 | 1,135 | 1,494 | 1,161 | 846 | 810 | 672 |
| Inventories | 12.99 | 10.42 | 13.56 | 11.73 | 7.52 | 7.40 | 8.62 |
| Sundry debtors | 19.28 | 15.66 | 12.13 | 22.62 | 18.63 | 29.60 | 16.57 |
| Cash & bank balances | 24.94 | 18.73 | 27.90 | 17.80 | 9.52 | 9.21 | 13.42 |
| Loans & advances | 108 | 74.06 | 85.19 | 81.50 | 51.99 | 41.12 | 32.23 |
| Total current assets | 165 | 119 | 139 | 134 | 87.66 | 87.33 | 70.84 |
| Total current liabilities | 196 | 146 | 150 | 112 | 76.09 | 123 | 101 |
| Net working capital | (30.90) | (27.49) | (11.31) | 21.62 | 11.57 | (35.29) | (30.08) |
| Total assets | 3,482 | 2,847 | 2,480 | 2,126 | 1,864 | 1,663 | 1,483 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 13.93 | 22.09 | 11.89 | - | 6.62 | 9.56 | 5.11 |
| Net cash from operating activities | 388 | 349 | 377 | - | 163 | 130 | 208 |
| Net cash from investing activities | (610) | (315) | (334) | - | (142) | (133) | (157) |
| Net cash from financing activities | 222 | (42.42) | (32.52) | - | (20.65) | (0.17) | (46.91) |
| Net change in cash | 0.39 | (8.16) | 10.20 | - | 0.16 | (2.94) | 4.44 |
| Closing cash | 24.94 | 18.73 | 27.90 | - | 9.52 | 9.21 | 13.42 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +27.3% | +7.9% | +24.2% | +61.8% | +15.9% | -32.6% | - |
| EBITDA growth | +15.7% | -1.3% | +21.7% | +59.3% | +18.0% | -33.3% | - |
| PBT growth | +5.4% | +5.7% | +26.2% | +62.1% | +4.7% | -26.0% | +17.9% |
| Net income growth | +7.1% | +7.0% | +18.9% | +59.0% | +11.7% | -26.3% | - |
| Revenue CAGR (3Y) | +19.5% | +29.5% | +32.6% | +8.1% | -2.2% | -3.2% | +11.5% |
| EBITDA CAGR (3Y) | +11.6% | +24.1% | +31.7% | +7.8% | -2.0% | -5.3% | +9.0% |
| Profitability & leverage | |||||||
| Net income margin | +44.3% | +51.3% | +53.5% | +53.2% | +56.1% | +59.2% | +54.2% |
| Return on capital employed | +17.1% | +18.8% | +20.7% | - | +13.4% | +14.3% | +21.9% |
| Return on net worth | +14.7% | +15.2% | +17.0% | - | +11.7% | +12.0% | +18.5% |
| Debt / equity | 0.05 | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.05 | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 |
| Interest cover | 5.79 | 3.34 | 3.79 | 3.86 | 4.84 | 5.14 | 2.35 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.79 | 0.74 | 0.72 | - | 0.37 | 0.35 | 0.80 |
| Inventory turnover | 79.63 | 61.05 | 53.63 | - | 45.23 | 36.34 | 48.92 |
| Debtors turnover | 53.35 | 52.68 | 39.03 | - | 13.99 | 12.61 | 24.95 |
| EPS (₹) | 58.59 | 53.26 | 51.49 | 41.25 | 26.85 | 24.48 | 33.19 |
| Dividend per share (₹) | 7.00 | 6.50 | 6.00 | 4.50 | 3.00 | 3.00 | 3.00 |
| Book value per share (₹) | 425.33 | 373.23 | 325.93 | 278.82 | 240.95 | 217.04 | 192.66 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 212 | 252 | 248 | 239 | 193 | 192 | 207 | 192 |
| Revenue growth (YoY) | +9.6% | +31.1% | +20.0% | +24.5% | +36.8% | - | - | - |
| Other income | 43.60 | 20.51 | 26.50 | 24.40 | 28.11 | 19.55 | 31.45 | 33.10 |
| Total expenses | 109 | 134 | 122 | 103 | 82.94 | 85.33 | 81.11 | 72.54 |
| EBITDA | 102 | 118 | 126 | 136 | 110 | 107 | 125 | 120 |
| EBITDA margin | +48.3% | +46.9% | +50.8% | +56.9% | +57.1% | +55.6% | +60.7% | +62.2% |
| Depreciation | 11.67 | 13.71 | 12.89 | 11.59 | 10.87 | 13.21 | 12.82 | 12.02 |
| Interest | 7.26 | 8.27 | 7.76 | 5.44 | 3.76 | 1.18 | 2.22 | 5.63 |
| Profit before tax | 127 | 116 | 132 | 143 | 124 | 112 | 142 | 135 |
| Tax | 27.08 | 23.40 | 27.21 | 24.58 | 27.68 | 23.21 | 31.90 | 28.13 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 932 | 732 | 678 | 546 | 337 | 291 | 432 |
| Revenue growth | +27.3% | +7.9% | +24.2% | +61.8% | +15.9% | -32.6% | - |
| Other income | 105 | 133 | 107 | 64.56 | 44.77 | 64.56 | 42.39 |
| Total expenses | 448 | 313 | 254 | 199 | 118 | 105 | 153 |
| Employee cost | 44.49 | 33.53 | 27.65 | 19.64 | 13.40 | 16.00 | 19.91 |
| EBITDA | 485 | 419 | 424 | 347 | 219 | 186 | 278 |
| EBITDA margin | +52.0% | +57.2% | +62.6% | +63.6% | +65.0% | +63.8% | +64.5% |
| Depreciation | 49.06 | 49.93 | 54.17 | 32.77 | 28.29 | 25.73 | 22.44 |
| Interest | 25.23 | 12.32 | 14.05 | 12.21 | 9.21 | 8.22 | 6.02 |
| Profit before tax | 516 | 489 | 463 | 367 | 227 | 216 | 292 |
| Tax | 103 | 114 | 100 | 76.33 | 37.29 | 43.85 | 58.43 |
| Net profit | 417 | 390 | 364 | 306 | 193 | 172 | 234 |
| Net profit margin | +44.8% | +53.2% | +53.7% | +56.1% | +57.1% | +59.3% | +54.2% |
| EPS (₹) | 58.59 | 53.26 | 51.49 | 41.25 | 26.86 | 24.48 | 33.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 14.09 | 14.09 | 14.09 | 14.09 | 14.09 | 14.09 | 14.09 |
| Reserves & surplus | 2,982 | 2,615 | 2,282 | 1,950 | 1,681 | 1,512 | 1,341 |
| Shareholders' funds (net worth) | 2,996 | 2,629 | 2,296 | 1,965 | 1,695 | 1,526 | 1,355 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 272 | 0.97 | 0.26 | 0.41 | 0.55 | 0.00 | 0.00 |
| Total debt | 272 | 0.97 | 0.26 | 0.41 | 0.55 | 0.00 | 0.00 |
| Total liabilities | 3,482 | 2,847 | 2,480 | 2,126 | 1,862 | 1,661 | 1,480 |
| Assets | |||||||
| Gross block | 1,452 | 1,160 | 951 | 945 | 957 | 843 | 835 |
| Net block | 1,175 | 916 | 757 | 804 | 846 | 759 | 776 |
| Capital work in progress | 763 | 753 | 162 | 85.65 | 82.36 | 51.00 | 1.55 |
| Investments | 1,520 | 1,136 | 1,494 | 1,161 | 847 | 810 | 672 |
| Inventories | 12.99 | 10.42 | 13.56 | 11.73 | 7.52 | 7.35 | 8.56 |
| Sundry debtors | 19.28 | 15.66 | 12.13 | 22.62 | 18.63 | 29.60 | 16.57 |
| Cash & bank balances | 24.43 | 18.63 | 27.90 | 17.75 | 6.51 | 5.83 | 10.20 |
| Loans & advances | 108 | 74.06 | 85.19 | 81.49 | 51.98 | 41.63 | 32.55 |
| Total current assets | 165 | 119 | 139 | 134 | 84.64 | 84.41 | 67.88 |
| Total current liabilities | 196 | 146 | 150 | 112 | 75.99 | 123 | 101 |
| Net working capital | (31.43) | (27.58) | (11.31) | 21.57 | 8.65 | (38.18) | (33.02) |
| Total assets | 3,482 | 2,847 | 2,480 | 2,126 | 1,862 | 1,661 | 1,480 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 13.83 | 22.09 | 11.89 | 3.77 | 3.23 | 6.33 | 2.00 |
| Net cash from operating activities | 388 | 349 | 377 | 297 | 164 | 139 | 208 |
| Net cash from investing activities | (610) | (315) | (334) | (266) | (142) | (142) | (157) |
| Net cash from financing activities | 222 | (42.42) | (32.52) | (23.66) | (20.70) | (0.17) | (46.91) |
| Net change in cash | 0.43 | (8.26) | 10.20 | 8.13 | 0.53 | (3.10) | 4.33 |
| Closing cash | 24.43 | 18.63 | 27.90 | 17.75 | 6.51 | 5.83 | 10.20 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +27.3% | +7.9% | +24.2% | +61.8% | +15.9% | -32.6% | - |
| EBITDA growth | +15.7% | -1.3% | +22.2% | +58.4% | +18.1% | -33.3% | - |
| PBT growth | +5.4% | +5.7% | +26.2% | +62.0% | +4.7% | -26.0% | +18.0% |
| Net income growth | +7.1% | +7.0% | +18.9% | +58.9% | +11.7% | -26.2% | - |
| Revenue CAGR (3Y) | +19.5% | +29.5% | +32.6% | +8.1% | -2.2% | -1.4% | +12.2% |
| EBITDA CAGR (3Y) | +11.7% | +24.1% | +31.7% | +7.7% | -2.0% | -4.9% | +9.2% |
| Profitability & leverage | |||||||
| Net income margin | +44.3% | +51.3% | +53.5% | +53.2% | +56.1% | +59.3% | +54.2% |
| Return on capital employed | +17.1% | +18.8% | +20.7% | +19.0% | +13.4% | +14.3% | +22.0% |
| Return on net worth | +14.7% | +15.2% | +17.0% | +15.9% | +11.8% | +12.0% | +18.5% |
| Debt / equity | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 5.79 | 3.34 | 3.79 | 3.88 | 4.82 | 5.14 | 2.35 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.71 | 0.69 | 0.72 | 0.57 | 0.37 | 0.35 | 0.80 |
| Inventory turnover | 79.63 | 61.05 | 53.63 | 56.73 | 45.38 | 36.59 | 49.09 |
| Debtors turnover | 53.35 | 52.68 | 39.03 | 26.47 | 13.99 | 12.61 | 24.95 |
| EPS (₹) | 58.59 | 53.26 | 51.49 | 41.25 | 26.86 | 24.48 | 33.18 |
| Dividend per share (₹) | 7.00 | 6.50 | 6.00 | 4.50 | 3.00 | 3.00 | 3.00 |
| Book value per share (₹) | 425.34 | 373.23 | 325.93 | 278.81 | 240.57 | 216.65 | 192.26 |
Board of Directors of Nesco Limited
Nesco has 7 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Sumant Patel | Managing Director | 30 Jun 2008 | 18 Years 3 Months | Current |
| Manish Ishwarlal Panchal Also directs: Supriya Lifescience Limited, Prachin Nutriva Private Limited, Kairav Chemofarbe Industries Limited and 5 more | Director | 15 Jul 2023 | 3 Years 3 Months | Current |
| Arun Todarwal Lalchand Also directs: Arun Todarwal & Associates LLP, Arun Todarwal & Co LLP, Laxmi Organic Industries Limited and 5 more | Director | 13 Feb 2024 | 2 Years 8 Months | Current |
| Amrita Verma Chowdhury | Director | 14 May 2019 | 7 Years 5 Months | Current |
| Sudhaben Sumant Patel | Director | 16 Jul 2001 | 25 Years 3 Months | Current |
| Ramakrishnan Ramamurthi | Director | 15 Jul 2023 | 3 Years 3 Months | Current |
Peer Comparison of Nesco Limited
Nesco Limited is compared with the companies closest to it by revenue in the Events and Entertainment industry (Exhibitions, Industrial Products Manufacturers, Infrastructure Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nesco Limited this company | ₹932.06 Cr (FY 2026) | •••• | •••• | 27.3% | •••• | Mumbai, Maharashtra, India |
| Rittal Private Limited | ₹877.77 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Svarn Infratel Private Limited | ₹875.56 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Gas Point Bottling Private Limited | ₹872.51 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| BF Utilities Limited Listed | ₹861.7 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Pune, Maharashtra, India |
| Sulzer India Private Limited | ₹848.99 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Kondhapuri, Maharashtra, India |
| Ajwani Infrastructure Private Limited | ₹835.21 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Pune, Maharashtra, India |
| SPML Infra Limited Listed | ₹824.09 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Kolkata, West Bengal, India |
| Devbhumi Realtors Private Limited | ₹820.86 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Riverview City Constructions Limited | ₹805.7 Cr (FY 2025) | •••• | •••• | 277728.0% | •••• | Pune, Maharashtra, India |
| Mettler-Toledo India Private Limited | ₹802.36 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Nesco by revenue in the Events and Entertainment industry (Exhibitions, Industrial Products Manufacturers, Infrastructure Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Nesco Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Apr 2024 | Others | ₹30 Cr | Open |
| 26 Dec 1985 | Industrial Reconstruction Bank of India | ₹22.5 Lakh | Open |
| 18 Oct 2006 | Axis Bank Limited | ₹5 Cr | Satisfied |
| 15 Oct 2003 | Induslnd Bank Ltd. | ₹70 Lakh | Satisfied |
| 29 May 1998 | Bank of India | ₹8.17 Cr | Satisfied |
Total charge records: 22 View all charges
Deals & Funding of Nesco Limited
Nesco Limited has 27 deals on record (25 market trades, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹25 Lakh; the latest was in November 2023.
Deals on record (5 of 27)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Market trade | ₹30.73 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Feb 2012 | Market trade | ₹27.85 Cr | Buyer: Crosseas Capital Markets Private Limited , A.K.G. Securities and Consultancy Limited Seller: Crosseas Capital Markets Private Limited , A.K.G. Securities and Consultancy Limited |
| Feb 2012 | Market trade | ₹12.9 Cr | Buyer: Crosseas Capital Markets Private Limited , Shree Naman Securities & Finance Private Limited Seller: Crosseas Capital Markets Private Limited , Shree Naman Securities & Finance Private Limited |
| Aug 2011 | Market trade | ₹34.58 Cr | Buyer: A.K.G. Securities and Consultancy Limited , Crosseas Capital Markets Private Limited Seller: A.K.G. Securities and Consultancy Limited , Crosseas Capital Markets Private Limited |
| Aug 2011 | Market trade | ₹6.64 Cr | Buyer: Crosseas Capital Markets Private Limited Seller: Crosseas Capital Markets Private Limited |
Full deal history
All 27 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Nesco Limited
Nesco Limited has 328 court cases on record: 172 filed by Nesco, 138 filed against it, 18 where it is another party. 79 cases are pending and 249 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 205 | 87 | 55 |
| High courts | 122 | 51 | 24 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 328)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Morethan Water Private Limited | Pending |
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed against the company by Morethan Water Private Limited | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by Novex Communications Private Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Novex Communications Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against Indian National Press (Bombay) Private Limited | Pending |
Full case history
All 328 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Nesco Limited
Nesco Limited has 22 MSME Form 1 returns on record between 2011 and 2023, listing 1,172 overdue payments to 157 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 157)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Dhanaprakash Industrial Corpor | •••• | •••• | •••• |
| Gujarat Milk Products Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 22 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Nesco Limited
Employment history and EPFO contributions of people linked to Nesco.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nesco Limited
Nesco Limited has 26 board changes on record since 2001: 8 appointments and 18 cessations. The latest: Rajesh Gordhandas Upadhyay was appointed as Whole-Time Director on 01 Jun 2026.
62 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nesco Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nesco Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nesco Limited
Nesco has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN1222E1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACN1222E2Z2 | Maharashtra | Active | 23 Apr 2018 |
| 27AAACN1222E3Z1 | Maharashtra | Active | 27 Jun 2022 |
| 24AAACN1222E1Z9 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nesco Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Nesco Limited
Frequently Asked Questions about Nesco Limited
Nesco is an active public limited company based in Mumbai, Maharashtra, India. The company works in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 15 April 1946 (80+ years old) and is registered under CIN L68100MH1946PLC004886. Listed on BSE: 505355 and NSE: NESCO.
Nesco reported revenue of ₹932.06 Cr for FY 2025-26 (up 27.3% YoY) based on consolidated financials.
Nesco has 7 current directors:
- Krishna Sumant Patel - Managing Director
- Rajesh Gordhandas Upadhyay - Whole-Time Director
- Manish Ishwarlal Panchal - Director
- Arun Todarwal Lalchand - Director
- Amrita Verma Chowdhury - Director
- Sudhaben Sumant Patel - Director
- Ramakrishnan Ramamurthi - Director
The GSTIN of Nesco is 27AAACN1222E1Z3, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAACN1222E2Z2 (Maharashtra), 27AAACN1222E3Z1 (Maharashtra), 24AAACN1222E1Z9 (Gujarat).
The CIN (Corporate Identification Number) of Nesco is L68100MH1946PLC004886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Nesco is listed on both BSE (code: 505355) and NSE (symbol: NESCO).
Nesco has 328 court cases on record: 172 filed by the company and 138 filed against it. 79 are pending. Most are in the district courts.
Nesco was incorporated on 15 April 1946, making it 80+ years old. It is registered with the Registrar of Companies, Mumbai.
Nesco has 27 deals on record (25 market trades, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹25 Lakh; the latest was in November 2023.
The peers of Nesco by revenue are Rittal Private Limited, Svarn Infratel Private Limited, Gas Point Bottling Private Limited, BF Utilities Limited, Sulzer India Private Limited and 5 more, all in the Events and Entertainment industry (Exhibitions, Industrial Products Manufacturers, Infrastructure Services).
Rajesh Gordhandas Upadhyay was appointed as Whole-Time Director on 01 Jun 2026. Mahendrakumar Chouhan ceased to be Director on 31 Mar 2024. Arun Todarwal Lalchand ceased to be Additional Director on 20 Mar 2024. Nesco has 26 board changes on record in total.
Nesco has 22 MSME Form 1 returns on record between 2011 and 2023, listing 1,172 overdue payments to 157 micro and small suppliers. The latest return was filed on 24 Oct 2023.