- #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. It is a listed company as per MCA records. 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 2026. 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 173 filed by the company and 155 filed against it; 77 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. 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.
Company details
Name history
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
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
Contact details
Nesco Limited's registered office is in Mumbai, Maharashtra.
- 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
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| R | Arts, entertainment and recreation | R1 | Creative, arts and entertainment activities | |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Nesco Limited, buy the company report.
Financials of Nesco Limited
FY 2025-26 filings availableNesco 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 |
To see the full year-wise statements and ratios of Nesco Limited, buy the company report.
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 |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Apr 2024 | 100909735 | Others | ₹30 Cr | Open | |
| 26 Dec 1985 | 90217026 | Industrial Reconstruction Bank of India | ₹22.5 Lakh | Open | |
| 18 Oct 2006 | 10022332 | Axis Bank Limited | ₹5 Cr | Satisfied | |
| 15 Oct 2003 | 90218541 | Induslnd Bank Ltd. | ₹70 Lakh | Satisfied | |
| 29 May 1998 | 90216255 | Bank of India | ₹8.17 Cr | Satisfied |
To see the full charge records of Nesco Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
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 |
To see the full deal history of Nesco Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nesco Limited has 328 court cases on record: 173 filed by Nesco, 155 filed against it. 77 cases are pending and 251 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 206 | 103 | 55 |
| High courts | 119 | 52 | 22 |
| Supreme Court | 3 | 0 | 0 |
Cases on record (5 of 328)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed against the company by More Than Water Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by More Than Water Private Limited | Pending |
| High Court | Court case (COMIP) | Filed against the company by 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) Pvt Ltd and 5 Others | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAE) | Filed by the company against Odis Interiors Private Limited and 1 other | Pending |
To see the full case history of Nesco Limited, buy the company report.
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
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 |
To see the full MSME payment records of Nesco Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
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 |
To see the full GST registrations and return filing status of Nesco Limited, buy the company report.
Recent activity
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 in the company report.
News
Frequently asked questions
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 latest financial statements of Nesco on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 July 2025. Year-wise statements from 2015 are in the company report.
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 a listed company as per MCA records. Its shares are listed on both BSE (code: 505355) and NSE (symbol: NESCO).
Nesco has 328 court cases on record: 173 filed by the company and 155 filed against it. 77 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.
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.