What is Nelco Ltd (NELCO) share price return in the past 10 years?

Nelco Ltd share price has appreciated 22.4% annually (CAGR) over the past ten years.

What is the share price of Nelco Ltd (NELCO)?

Company share prices are keep on changing according to the market conditions. The current trading price of Nelco Ltd (NELCO) on 04-Jun-2026 16:59:59 at 16:59 is 698.45.

What is the P/E ratio of Nelco?

The latest standalone P/E ratio of Nelco as of 04-Jun-2026 is 261.70.

What is the P/B ratio of Nelco Ltd (NELCO)?

The latest standalone P/B ratio of Nelco Ltd (NELCO) as of 04-Jun-2026 is 12.63.

What is the 52-week high and low of Nelco Ltd (NELCO)?

The 52-week high of Nelco Ltd (NELCO) is Rs. 1161.50 and the 52-week low is Rs. 502.40.

Nelco Ltd (NELCO) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Nelco Ltd (NELCO)
Brand: Nelco

Nelco Ltd (NELCO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 504112 NSE: NELCO IT - Hardware | Small Cap | NELCO Share Price

Nelco Ltd (NELCO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 504112 NSE: NELCO IT - Hardware | Small Cap | NELCO Share Price

Key Metrics

Valuation Multiples

Market Cap

₹1,594 Cr.

Current Price

₹698.5

52-Week Low / High

₹502 / 1,162

TTM EPS

₹2.7

TTM Sales

₹198 Cr.

Book Value per Share

₹55.3

P/E Ratio

261.70

Higher than its 5-year historical median

Industry PE

65.9

Price to Book (P/B)

12.63

Lower than its 5-year historical median

Price to Sales (P/S)

8.06

Lower than its 5-year historical median

EV/EBITDA

63.35

Higher than its 5-year historical median

Dividend Yield

0.20%

Profitability Efficiency

Return on Equity (ROE)

4.90%

Underperforms industry median

Return on Capital Employed (ROCE)

7.79%

In line with industry median

Return on Assets (ROA)

3.05%

Operating Profit Margin

10.5%

Net Profit Margin

3.08%

Gross Profit Margin

11.8%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

-3.86%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

-31.92%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

-37.92%

Asset Quality

Promoter Holding

50.09%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹103 Cr.

Equity

₹22.8 Cr.

Face Value

₹10

All Time Low / High

₹2.20 / 1700.00

Nelco stock performance

Key Ratios

Check Before You Invest

Quality

Very Good

Check detailed performance

Valuation

Fair

Check Valuation charts

Price Trend

Strong

Check Price chart

Q.1 Is Nelco Ltd a good quality company?

Nelco Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Nelco Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Nelco Ltd vs industry peers?

Nelco Ltd revenue CAGR is 39.93%, compared to the industry median CAGR of 4.28%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of Nelco Ltd?

Promoters hold 50.09% of the Nelco Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Nelco Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 22.5% based on the current price.

10 Year X-Ray :

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

Value Creation ⓘ

	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26	TTM
ROCE % ⓘ	7.3%	5.7%	8.9%	19.7%	18.3%	16.2%	30.3%	28.3%	18.3%	7.8%	-
Value Creation Index ⓘ	-0.5	-0.6	-0.4	0.4	0.3	0.2	1.2	1.0	0.3	-0.4	-
Growth Parameters ⓘ
Sales ⓘ	25.7	31.9	33.6	38.3	131	143	197	223	206	198	198
Sales YoY Gr.	-	24.2%	5.2%	14.2%	242.1%	9.2%	37.6%	13%	-7.7%	-3.9%	-
Adj EPS ⓘ	-1.6	-0.5	4.1	1.9	4	4.4	8.8	9	4.3	3	2.7
YoY Gr.	-	NA	NA	-54.9%	116.1%	8.2%	102.1%	2.8%	-52.4%	-31.4%	-
BVPS (₹) ⓘ	6.5	10.7	18.4	22.5	33.6	37.1	44.3	51.6	53.6	55.3	55.3
Adj Net Profit ⓘ	-3.6	-1.2	9.4	4.3	9.2	9.9	20.1	20.6	9.8	6.7	6
Cash Flow from Ops. ⓘ	26.6	17	11.9	10.9	47.7	11.9	39.9	48.6	12.4	22.4	-
Debt/CF from Ops. ⓘ	1.9	2.1	2.7	3.4	0.4	1.5	0.4	0	0	0	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	25.5%	8.6%	0.1%	-3.9%
Adj EPS ⓘ	NA	-6%	-30.5%	-31.4%
BVPSⓘ	26.8%	10.4%	7.6%	3.1%
Share Price	22.4%	23.8%	3.3%	-22.1%

Key Financial Parameters ⓘ

	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26	TTM
Return on Equity % ⓘ	-30.4	-6.1	28.2	9.1	14.3	12.3	21.6	18.9	8.2	5.4	4.8
Op. Profit Mgn % ⓘ	-4.4	4.9	13.4	23.1	17.8	15	20.9	19.6	14.9	10.5	10.4
Net Profit Mgn % ⓘ	-13.9	-3.8	28	11.1	7	6.9	10.2	9.3	4.8	3.4	3.1
Debt to Equity ⓘ	3.4	1.4	0.8	0.7	0.2	0.2	0.2	0	0	0	0
Working Cap Days ⓘ	1,301	661	425	445	165	182	139	121	124	122	67
Cash Conv. Cycle ⓘ	198	91	58	89	22	20	31	30	40	51	-6

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Sales	26	32	34	38	131	143	197	223	206	198
Operating Expenses ⓘ +	27	31	29	30	108	122	156	179	175	177
Manufacturing Costs	4	5	4	5	62	59	81	96	90	83
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	15	17	18	17	19	21	23	28	29	33
Other Costs ⓘ	7	9	8	7	27	41	51	55	56	61
Operating Profit ⓘ	-1	1	4	9	23	21	41	44	31	21
Operating Profit Margin (%)	-4.4%	3.9%	13.2%	23.0%	17.8%	15.0%	20.9%	19.6%	14.9%	10.5%
Other Income ⓘ +	7	3	2	2	2	3	3	2	4	4
Exceptional Items ⓘ	0	0	0	6	0	0	0	0	0	-2
Interest ⓘ	7	5	4	5	4	3	4	3	2	1
Depreciation ⓘ	0	1	1	1	8	8	11	13	13	13
Profit Before Tax ⓘ	-1	-1	2	11	12	13	29	30	20	8
Tax ⓘ	0	0	-8	3	3	3	8	9	10	2
Profit After Tax	-1	-1	9	8	9	10	21	21	10	6
PAT Margin (%)	-5.0%	-3.9%	27.9%	21.3%	7.1%	7.1%	10.6%	9.6%	4.8%	3.1%
Adjusted EPS (₹)	-0.6	-0.5	4.1	3.6	4.1	4.5	9.2	9.3	4.3	2.7
Dividend Payout Ratio (%)	0%	0%	36.60%	33.50%	29.60%	40.20%	21.90%	23.60%	23.30%	37.50%

Valuation of NELCO - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Equity and Liabilities
Shareholders Fund +	15	25	42	51	77	85	101	118	122	126
Share Capital ⓘ	23	23	23	23	23	23	23	23	23	23
Reserves ⓘ	-8	2	19	29	54	62	78	95	100	103
Debt +	50	35	33	37	17	18	12	0	0	0
Long Term Debt	0	0	0	0	0	0	12	0	0	0
Short Term Debt	50	35	33	37	17	18	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	20	3	2	2	13	13	12	14	7	12
Others Liabilities ⓘ	27	57	111	120	150	51	62	69	55	77
Total Liabilities ⓘ	112	120	188	210	256	166	187	201	184	215
Fixed Assets
Net Fixed Assets ⓘ +	19	3	3	2	42	55	66	67	61	59
Gross Block	30	7	8	8	76	97	118	130	136	146
Accumulated Depreciation	12	4	5	6	33	42	52	63	75	87
CWIP ⓘ	3	0	0	0	4	2	1	10	7	39
Investments ⓘ	6	6	5	5	0	30	30	33	33	33
Inventories	9	0	0	0	0	0	0	0	0	0
Trade Receivables	31	9	10	15	21	35	41	38	40	43
Cash Equivalents	3	2	3	6	9	5	13	20	15	20
Others Assets ⓘ	42	100	168	181	179	39	36	34	29	20
Total Assets ⓘ	112	120	188	210	256	166	187	201	184	215

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Cash Flow From Operating Activity ⓘ +	27	17	12	11	48	12	40	49	12	22
PBT ⓘ	7	12	13	18	16	14	29	30	20	8
Adjustment ⓘ	6	8	13	19	12	9	14	15	12	11
Changes in Working Capital ⓘ	9	2	-12	-22	9	-13	-1	17	-6	7
Tax Paid ⓘ	5	-4	-2	-4	10	2	-2	-13	-14	-4
Cash Flow From Investing Activity ⓘ +	9	-3	-37	-20	-15	-9	-22	-16	-9	-12
Capex	-9	-9	-42	-28	-16	-11	-22	-13	-9	-13
Net Investments	4	0	0	7	0	-24	0	-3	0	0
Others ⓘ	15	5	5	1	1	26	0	0	-0	1
Cash Flow From Financing Activity ⓘ +	-41	-10	26	5	-44	-7	-10	-25	-9	-5
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-8	-5	-6	-10	-4	-2	-2	-1	-1	-0
Dividend Paid ⓘ	-0	-0	0	-4	-3	-3	-4	-5	-5	-2
Others ⓘ	-33	-5	33	19	-37	-3	-4	-20	-3	-2
Net Cash Flow ⓘ	-5	4	1	-5	-11	-4	8	7	-6	6

Financial Ratio

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Ratios
ROE (%)	-11.02	-6.24	28.11	17.5	14.42	12.67	22.49	19.43	8.17	4.9
ROCE (%)	7.3	5.7	8.85	19.69	18.32	16.17	30.3	28.29	18.26	7.79
Asset Turnover Ratio	0.21	0.28	0.22	0.19	0.56	0.68	1.12	1.15	1.07	0.99
PAT to CFO Conversion(x)	N/A	N/A	1.33	1.38	5.33	1.2	1.9	2.33	1.2	3.67
Working Capital Days
Receivable Days	498.10	225.70	100.80	120.30	51.20	71.30	70	64.60	69	76.90
Inventory Days	120.80	0	0	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0	0	0	8,928.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nelco Ltd FAQs

The current trading price of NELCO on 04-Jun-2026 16:59 is ₹698.5.

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 03-Jun-2026 the market cap of NELCO stood at ₹1,593.8 Cr

The latest P/E ratio of NELCO as of 03-Jun-2026 is 261.7.

The latest P/B ratio of NELCO as of 03-Jun-2026 is 12.63.

The 52-week high of NELCO is ₹1,161.5 and the 52-week low is ₹502.4.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of NELCO is ₹198 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Nelco Ltd is a good quality company.

The key valuation ratios of Nelco Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Nelco Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Nelco Ltd

Nelco was established in 1940 and is a part of the leading business house - the Tata group. The company is focused on system integration and product management for industrial controls, power, electronics, defence electronics, VSAT networks and automation. The complete range of the companyâ€™s electronic products and solutions are assembled, integrated and tested at Mahape. The premises also house R&D facilities focusing on indigenisation.

Nelco has a nationwide sales and service network with four regional offices, eight branch offices and various project based service locations, providing suitable infrastructure for prompt customer service across the country.

The company is headquartered at Mumbai with 75,000 square feet of modern manufacturing facility at Mahape, Navi Mumbai.

Business area of the company

Nelco specializes in the areas of security and surveillance for defence and civil applications, traction, electronics for locomotives, turnkey projects involving supervisory control and data acquisition system (SCADA), AC and DC drives, real time and embedded software and network management system with VSAT based networks.

The company caters to some of the core industries like defence, railways, steel, cement, automobile, oil and gas, paper, ceramics and services.

Some of the clients of the company

Ministry of Defence
State Electricity Boards
Siemens
Power Grid Corporation of India
Jindal Steel and Power
Philips Carbon Black
Tata Iron and Steel Company
Indian Railways
Steel Authority of India
Hindustan Paper and Chemicals
Hindustan Petroleum Corporation
Cochin Port Trust
Tata Power Company
Tata Motors

Strategic Partners

Eagle Telonics
Secotec
Viasat
STM Networks
Serck Controls
ASI Robicon
OSI

Nelco Ltd (NELCO)

Nelco Ltd (NELCO)

Nelco stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of NELCO - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nelco Ltd FAQs

About Nelco Ltd

About MoneyWorks4Me

Our Vision

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Nelco Ltd (NELCO)

Nelco Ltd (NELCO)

Nelco stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of NELCO - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nelco Ltd FAQs

What is the share price of NELCO?

What is the market cap of NELCO?

What is the P/E ratio of NELCO?

What is the P/B ratio of NELCO?

What is the 52-week high and low of NELCO?

What is the TTM revenue of NELCO?

Is Nelco Ltd a good quality company?

Is Nelco Ltd undervalued or overvalued?

Is Nelco Ltd a good buy now?

About Nelco Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.