Nesco Ltd (NESCO) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 505355 | NSE: NESCO | Engineering - Industrial Equipments | Small Cap

NESCO Share Price

1,225.80 -15.55 -1.25%
as on 05-Dec'25 16:59

Nesco Ltd (NESCO) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 505355 | NSE: NESCO | Engineering - Industrial Equipments | Small Cap

DeciZen - make an informed investing decision on NESCO

Based on:

Overall Rating
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1. Quality


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2. Valuation


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3. Price Trend


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Nesco stock performance -

Key Ratios
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P/E Ratio (SA):
20.88
Market Cap:
8,637 Cr.
52-wk low:
842
52-wk high:
1,638.9

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10 Year X-Ray of NESCO: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Nesco Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 35.4%32.8%26%23.2%23.7%15.6%14.6%20.7%22.4%20.4%-
Value Creation
Index
1.51.30.90.70.80.10.10.50.70.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 261306304360432291337546678732831
Sales YoY Gr.-17%-0.7%18.7%19.8%-32.6%15.9%61.8%24.2%7.9%-
Adj EPS 20.524.125.125.633.224.527.343.351.755.158.7
YoY Gr.-17.4%4.3%2%29.8%-26.3%11.6%58.5%19.5%6.7%-
BVPS (₹) 95.8119.8143.2165.7192.3216.7240.6278.8325.9373.2397.2
Adj Net
Profit
144169177180234172192305364388414
Cash Flow from Ops. 137152143171208139164297377349-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 12.1%11.1%29.5%7.9%
Adj EPS 11.6%10.7%26.4%6.7%
BVPS16.3%14.2%15.8%14.5%
Share Price 14.2% 16.3% 23.6% 18%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
23.622.11916.618.51211.916.717.115.815.2
Op. Profit
Mgn %
72.3707164.664.563.665.467.362.759.757.6
Net Profit
Mgn %
55.255.458.25054.259.25755.853.753.149.8
Debt to
Equity
00000000000
Working Cap
Days
77106109899921320612710810082
Cash Conv.
Cycle
-16-48-43-7-12-74-4-4-445

Recent Performance Summary

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Latest Financials - Nesco Ltd.

Standalone Consolidated
TTM EPS (₹) 58.7 53.3
TTM Sales (₹ Cr.) 831 732
BVPS (₹.) 397.2 397.2
Reserves (₹ Cr.) 2,785 2,785
P/BV 3.09 3.09
PE 20.88 23.02
From the Market
52 Week Low / High (₹) 841.95 / 1638.85
All Time Low / High (₹) 0.21 / 1638.85
Market Cap (₹ Cr.) 8,637
Equity (₹ Cr.) 14.1
Face Value (₹) 2
Industry PE 50.5

Management X-Ray of NESCO:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of NESCO - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of NESCO

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales261306304360432291337546678732
Operating Expenses 739288128153106121199255314
Manufacturing Costs23312735452231638188
Material Costs12161024191726365968
Employee Cost 8121518201613202834
Other Costs 293335517051518087124
Operating Profit 188214216233278185216347423418
Operating Profit Margin (%) 72.1%70.0%71.0%64.5%64.5%63.6%64.1%63.6%62.4%57.1%
Other Income 3343363242654865108133
Interest 4565689121412
Depreciation 781112222628335450
Exceptional Items 0000000000
Profit Before Tax 211244235248292216227367463489
Tax 6774586858443776100114
Profit After Tax 144169177180234172189291363375
PAT Margin (%) 55.2%55.4%58.2%50.0%54.2%59.3%56.1%53.2%53.5%51.3%
Adjusted EPS (₹)20.524.125.125.633.224.526.941.351.553.3
Dividend Payout Ratio (%)8%9%9%10%9%12%11%11%12%12%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 6818511,0091,1681,3551,5261,6951,9652,2972,629
Share Capital 14141414141414141414
Reserves 6678379951,1541,3411,5121,6811,9502,2822,615
Minority Interest0000000000
Debt0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables92291115119141512
Others Liabilities 150159161167238282265284339374
Total Liabilities 8411,0321,1791,3461,6071,8191,9692,2632,6503,016

Fixed Assets

Gross Block171202111113122123218207211420
Accumulated Depreciation61413212836455691122
Net Fixed Assets 16518898929487174151121299
CWIP 1432623575092518286162753
Investments 4424824995316738108471,1611,4941,136
Inventories1113129978121410
Trade Receivables14111318173019231216
Cash Equivalents 65741067182819
Others Assets 5870193182804828834813819784
Total Assets 8411,0321,1791,3461,6071,8191,9692,2632,6503,016

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 137152143171208139164297377349
PBT 211244235248292216227367463489
Adjustment -23-33-20-12-78-57-23-0-28-56
Changes in Working Capital 1010-14125114474534
Tax Paid -61-68-57-76-57-35-44-76-103-119
Cash Flow From Investing Activity -110-153-123-155-157-142-142-266-334-315
Capex -56-155-137-150-57-67-149-13-105-784
Net Investments -13-112-6-107-99-16-290-296374
Others -4132172423386795
Cash Flow From Financing Activity -25-0-19-20-47-0-21-24-33-42
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -0-0-0-0-0-0-0-2-1-1
Dividend Paid -210-16-16-390-21-21-32-42
Others -40-3-3-801-0-01
Net Cash Flow 1-12-34-31810-8

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)23.7322.3119.0716.5618.5411.9711.7515.8817.0315.23
ROCE (%)35.3532.7525.9723.1923.6515.5914.6320.7222.3920.36
Asset Turnover Ratio0.350.330.280.290.290.170.180.260.280.26
PAT to CFO Conversion(x)0.950.90.810.950.890.810.871.021.040.93
Working Capital Days
Receivable Days171515161529261497
Inventory Days131415117108676
Payable Days2163665641522492701381189172

Nesco Ltd Stock News

Nesco Ltd FAQs

The current trading price of NESCO on 05-Dec-2025 16:59 is ₹1,225.8.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of NESCO stood at ₹8,637.
The latest P/E ratio of NESCO as of 04-Dec-2025 is 20.88.
The latest P/B ratio of NESCO as of 04-Dec-2025 is 3.09.
The 52-week high of NESCO is ₹1,638.9 and the 52-week low is ₹842.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of NESCO is ₹831.1 ( Cr.) .

About Nesco Ltd

Nesco Limited was incorporated on April 15, 1946, under the Indian Companies Act VII of 1913. The Company is domiciled in India having registered office at Nesco Center, Western Express Highway, Goregaon (East), Mumbai and listed on the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE).

With business verticals as varied as exhibitions, events, hospitality, MICE and realty, the company’s steady expansion augments its growth as it watches several new ideas find form. With the continued expansion of the Bombay Exhibition Center (BEC), there is now a versatile solution for any trade fair. The BEC is already India’s largest exhibition venue in the private sector, hosting all the Messe’s as well as organisers from across the globe.

Nesco Realty carved a new benchmark with its premium IT Park. A self-sustained facility, the Park is laid out over several million square feet. It accommodates the world’s leading multinationals such as HSBC, KPMG, PWC, MSCI, BlackRock and several others. The division is now looking to offer maximum value, comfort, luxury and style in the housing market.

Indabrator, its engineering division is a pioneer in the surface-preparation category. Backed by best-in-class technology, Indabrator boasts of the finest manufacturing units. Today, it remains a company with impressive market share and multiple innovations in the pipeline.

The company’s foray into the event space has been buoyed with excitement. Nesco Events has created unique properties that have quickly become resounding successes. This is taking the business off to an impressive start and is enhancing the Group’s strengths to deliver quality entertainment to a burgeoning audience of eager enthusiasts.

Nesco Foods caters to all levels of social, business and luxury events. It is one of Mumbai’s most preferred hospitality providers, well-recognised for their varied capability and array of cuisines. The division operates the largest non-flight kitchen in the city.

Business area of the company

The Company is mainly engaged in the following:

  • Licencing premises in IT park buildings and providing related services.
  • Licencing premises for exhibitions and providing services to the organisers.
  • Manufacturing of machines and capital equipment.
  • Hospitality and catering services

Milestones

  • 1939: The founder, Shri. J.V. Patel manifests his vision as the Standard Engineering Company (SEC).
  • 1952: By this time, SEC was taking over & reviving the fortunes of several struggling companies to build an engineering powerhouse.
  • 1956: The acquisition of Burjorji Pestonji & Son re-christens the company as the New Standard Engineering.
  • 1957: New Standard Engineering collaborates with B&S Massey Ltd to become the first manufacturer in India for forging hammers & presses.
  • 1958: The Company launches its public issue, which is quickly oversubscribed.
  • 1960: Sumant Patel founds the Gujarat Machinery Manufacturers Ltd which later becomes GMM Pfaudler Ltd.
  • 1962: The New Standard Engineering Company is known to have the largest foundry in the private sector, making specialised castings for the company's forging equipment product line.
  • 1964: Indabrator is born, on the basis of a joint venture signed with Wheelabrator Corporation, USA for the manufacturing of shot-blasting equipment in India.
  • 1986: New Standard Engineering diversifies into realty and the Group welcomes a new sector.
  • 1992: The 200,000 square feet Bombay Exhibition Center develops into the largest center for exhibitions in the private sector in India.
  • 2001: The Company rebrands itself as Nesco Limited in light of further diversification and business verticals.
  • 2015: The beginning of Nesco Foods. Mumbai gains one of the largest and most hygienic food production centers in the non-flight category, serving 50,000 meals per day.
  • 2016: Nesco Events comes to life, delighting patrons with intellectual properties, exhibitions and private events.
  • 2019: NESCO & WEVIO organized - Technology Transfer Meet between Indian Companies and South Korean Delegation.
  • 2021: Tata Power on Monday announced that it has received the Letter of Intent (LoI) from Odisha Electricity Regulatory Commission (OERC) for distribution and retail supply electricity in five circles of Nesco.
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