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NELCO

  • Market Cap: Small Cap
  • Industry: Defence
  • ISIN: INE045B01015
  • NSEID: NELCO
  • BSEID: 504112
INR
865.90
50.75 (6.23%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 61.55 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

61.55 k (-11.87%) Volume

Shareholding (Dec 2024)

FII

5.41%

Held by 32 FIIs

DII

0.38%

Held by 0 DIIs

Promoter

50.09%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of 8.70% and Operating profit at 1.13% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

With ROCE of 19.1, it has a Very Expensive valuation with a 11.4 Enterprise value to Capital Employed

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Defence

stock-summary
Market cap

INR 1,976 Cr (Small Cap)

stock-summary
P/E

94.00

stock-summary
Industry P/E

37

stock-summary
Dividend Yield

0.27%

stock-summary
Debt Equity

0.31

stock-summary
Return on Equity

16.46%

stock-summary
Price to Book

14.64

Revenue and Profits (1 Year):
Net Sales:
81 Cr
(Quarterly Results - Dec 2024)
Net Profit:
5 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.27%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-13.63%
0%
-13.63%
1 Year
14.32%
0.29%
14.61%
2 Years
55.82%
0.69%
56.51%
3 Years
13.03%
1.15%
14.18%
4 Years
334.47%
3.52%
337.99%
5 Years
451.53%
5.15%
456.68%

Latest dividend: 2.2 per share ex-dividend date: Jun-10-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
8.70%
EBIT Growth (5y)
1.13%
EBIT to Interest (avg)
4.29
Debt to EBITDA (avg)
1.41
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.60
Tax Ratio
26.29%
Dividend Payout Ratio
22.99%
Pledged Shares
0
Institutional Holding
5.79%
ROCE (avg)
20.41%
ROE (avg)
19.03%
Valuation key factors
Factor
Value
P/E Ratio
94
Industry P/E
37
Price to Book Value
14.64
EV to EBIT
66.94
EV to EBITDA
37.95
EV to Capital Employed
11.39
EV to Sales
5.96
PEG Ratio
NA
Dividend Yield
0.27%
ROCE (Latest)
19.15%
ROE (Latest)
16.46%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 32 FIIs (5.41%)

Promoter with highest holding

The Tata Power Company Limited (50.04%)

Highest Public shareholder

Schlumberger Limited (3.8%)

Individual Investors Holdings

36.86%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -2.22% vs 11.43% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 20.73% vs -10.09% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "80.72",
          "val2": "82.55",
          "chgp": "-2.22%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "12.18",
          "val2": "10.84",
          "chgp": "12.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.51",
          "val2": "1.41",
          "chgp": "7.09%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "4.95",
          "val2": "4.10",
          "chgp": "20.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.09%",
          "val2": "13.13%",
          "chgp": "1.96%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 0.76% vs -1.06% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -24.17% vs 24.27% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "156.63",
          "val2": "155.45",
          "chgp": "0.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "23.16",
          "val2": "28.35",
          "chgp": "-18.31%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.49",
          "val2": "3.22",
          "chgp": "-22.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "8.66",
          "val2": "11.42",
          "chgp": "-24.17%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.79%",
          "val2": "18.24%",
          "chgp": "-3.45%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -0.56% vs 3.17% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -22.54% vs 23.82% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "237.35",
          "val2": "238.69",
          "chgp": "-0.56%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "35.34",
          "val2": "44.67",
          "chgp": "-20.89%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.00",
          "val2": "5.13",
          "chgp": "-22.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "13.61",
          "val2": "17.57",
          "chgp": "-22.54%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.89%",
          "val2": "18.71%",
          "chgp": "-3.82%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 2.22% vs 20.48% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 19.24% vs 23.45% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "320.30",
          "val2": "313.33",
          "chgp": "2.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "59.39",
          "val2": "60.76",
          "chgp": "-2.25%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "6.57",
          "val2": "7.73",
          "chgp": "-15.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "23.67",
          "val2": "19.85",
          "chgp": "19.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "18.54%",
          "val2": "19.39%",
          "chgp": "-0.85%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
80.72
82.55
-2.22%
Operating Profit (PBDIT) excl Other Income
12.18
10.84
12.36%
Interest
1.51
1.41
7.09%
Exceptional Items
0.00
0.00
Consolidate Net Profit
4.95
4.10
20.73%
Operating Profit Margin (Excl OI)
15.09%
13.13%
1.96%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -2.22% vs 11.43% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 20.73% vs -10.09% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
156.63
155.45
0.76%
Operating Profit (PBDIT) excl Other Income
23.16
28.35
-18.31%
Interest
2.49
3.22
-22.67%
Exceptional Items
0.00
0.00
Consolidate Net Profit
8.66
11.42
-24.17%
Operating Profit Margin (Excl OI)
14.79%
18.24%
-3.45%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 0.76% vs -1.06% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -24.17% vs 24.27% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
237.35
238.69
-0.56%
Operating Profit (PBDIT) excl Other Income
35.34
44.67
-20.89%
Interest
4.00
5.13
-22.03%
Exceptional Items
0.00
0.00
Consolidate Net Profit
13.61
17.57
-22.54%
Operating Profit Margin (Excl OI)
14.89%
18.71%
-3.82%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -0.56% vs 3.17% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -22.54% vs 23.82% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
320.30
313.33
2.22%
Operating Profit (PBDIT) excl Other Income
59.39
60.76
-2.25%
Interest
6.57
7.73
-15.01%
Exceptional Items
0.00
0.00
Consolidate Net Profit
23.67
19.85
19.24%
Operating Profit Margin (Excl OI)
18.54%
19.39%
-0.85%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 2.22% vs 20.48% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 19.24% vs 23.45% in Mar 2023

stock-summaryCompany CV
About NELCO Ltd stock-summary
stock-summary
NELCO Ltd
Small Cap
Defence
NELCO Limited (Formerly known as National Radio & Electronics Company) was promoted in 1940 by the Investment Corporation of India, inter alia, to manufacture broadcasting equipment. The Company had two wholly owned subsidiaries viz. Tatanet Services Ltd. (TNSL) & Nelco Network Products Ltd. (NNPL). The Company is a subsidiary of The Tata Power Company Limited.
Company Coordinates stock-summary
Company Details
EL 6 TTC Industrial Area, MIDC Electronics Zone Mahape Navi Mumbai Maharashtra : 400710
stock-summary
Tel: 91-22-67399100
stock-summary
girish.kirkinde@nelco.in
Registrar Details
TSR Darashaw Ltd, 6-10 , Haji Moosa Patrawala Indl. Est , 20 Dr.E.Moses Road , Mahalaxmi , Mumbai