Nelco Limited provides systems and solutions in the areas of very small aperture terminals (VSAT) connectivity, and integrated security and surveillance in India.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹959.20|
|52 Week High||₹177.45|
|52 Week Low||₹968.55|
|1 Month Change||88.34%|
|3 Month Change||156.78%|
|1 Year Change||429.07%|
|3 Year Change||338.69%|
|5 Year Change||941.48%|
|Change since IPO||9,891.67%|
Recent News & Updates
|504112||IN Communications||IN Market|
Return vs Industry: 504112 exceeded the Indian Communications industry which returned 66.5% over the past year.
Return vs Market: 504112 exceeded the Indian Market which returned 68.3% over the past year.
Stable Share Price: 504112 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 504112's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
Nelco Limited provides systems and solutions in the areas of very small aperture terminals (VSAT) connectivity, and integrated security and surveillance in India. It offers VSAT satellite communication services for renewable energy, enterprise, maritime, oil, energy, and gas sectors, as well as to bank ATM and branches. The company is also involved in the design, supply, installation, and maintenance of integrated security and surveillance solutions for application in industrial plants, power stations, broadcasting stations, telecommunications stations, airports, railways, seaports, and borders.
Nelco Fundamentals Summary
|504112 fundamental statistics|
Is 504112 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|504112 income statement (TTM)|
|Cost of Revenue||₹1.25b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 19, 2021
|Earnings per share (EPS)||6.53|
|Net Profit Margin||6.43%|
How did 504112 perform over the long term?See historical performance and comparison
0.1%Current Dividend Yield
Is Nelco undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 504112 (₹959.2) is trading above our estimate of fair value (₹148.88)
Significantly Below Fair Value: 504112 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 504112 is poor value based on its PE Ratio (146.9x) compared to the Indian Communications industry average (29.8x).
PE vs Market: 504112 is poor value based on its PE Ratio (146.9x) compared to the Indian market (22.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 504112's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 504112 is overvalued based on its PB Ratio (28.9x) compared to the IN Communications industry average (2.5x).
How is Nelco forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Nelco has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Nelco performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 504112 has high quality earnings.
Growing Profit Margin: 504112's current net profit margins (6.4%) are higher than last year (5.8%).
Past Earnings Growth Analysis
Earnings Trend: 504112's earnings have grown by 14.4% per year over the past 5 years.
Accelerating Growth: 504112's earnings growth over the past year (16%) exceeds its 5-year average (14.4% per year).
Earnings vs Industry: 504112 earnings growth over the past year (16%) underperformed the Communications industry 40.6%.
Return on Equity
High ROE: 504112's Return on Equity (19.7%) is considered low.
How is Nelco's financial position?
Financial Position Analysis
Short Term Liabilities: 504112's short term assets (₹993.5M) do not cover its short term liabilities (₹1.3B).
Long Term Liabilities: 504112's short term assets (₹993.5M) exceed its long term liabilities (₹386.0M).
Debt to Equity History and Analysis
Debt Level: 504112's debt to equity ratio (118.3%) is considered high.
Reducing Debt: 504112's debt to equity ratio has reduced from 872.5% to 118.3% over the past 5 years.
Debt Coverage: 504112's debt is well covered by operating cash flow (60.2%).
Interest Coverage: 504112's interest payments on its debt are well covered by EBIT (3.9x coverage).
What is Nelco current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 504112's dividend (0.13%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.33%).
High Dividend: 504112's dividend (0.13%) is low compared to the top 25% of dividend payers in the Indian market (1.36%).
Stability and Growth of Payments
Stable Dividend: 504112 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: 504112 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 504112 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 504112's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Pradip Nath (59 yo)
Mr. Pradip J. Nath has been Chief Executive Officer and Managing Director of Nelco Limited since February 21, 2011 and June 1, 2017 respectively. Mr. Nath has professional experience in the Enterprise mark...
CEO Compensation Analysis
Compensation vs Market: Pradip's total compensation ($USD392.81K) is above average for companies of similar size in the Indian market ($USD189.99K).
Compensation vs Earnings: Pradip's compensation has been consistent with company performance over the past year.
Experienced Board: 504112's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nelco Limited's employee growth, exchange listings and data sources
- Name: Nelco Limited
- Ticker: 504112
- Exchange: BSE
- Founded: 1940
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: ₹21.887b
- Shares outstanding: 22.82m
- Website: https://www.nelco.in
Number of Employees
- Nelco Limited
- Plot No. EL-6, TTC Industrial Area
- MIDC, Electronic Zone
- Navi Mumbai
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:33|
|End of Day Share Price||2021/10/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.