Nelco Ltd Stock Analysis

BSE: 504112 | NSE: NELCO | IT - Hardware | Small Cap

BSE Share Price 31-Mar-2023 18:02
517.60 -1.10 (-0.21%)

DeciZen - Make an Informed Decision on NELCO

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

NELCO Price Chart

P/E Ratio ( SA) :
66.92
Market Cap :
1,181.1 Cr.
52-wk low :
487
52-wk high :
1,090
Bole Toh?

1. Is Nelco Ltd a good quality company?

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

2. Is Nelco Ltd undervalued or overvalued?

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

3. Is Nelco Ltd a good buy now?

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

10 Year X-Ray of NELCO:

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.
Nelco Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Sep'12Sep'13Sep'14Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 6.7%-9.5%-0.3%10.3%12.1%21.1%31%16.3%13.3%12%-
Value Creation Index -0.5-1.7-1.0-0.3-0.10.51.20.2-0.1-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 13911010388.890.995.8128152131143180
YoY Gr. Rt. %--21.1%-6.3%-13.6%2.3%5.4%33.9%18.2%-13.5%9.2%-
Adj EPS 0.1-7.1-2.80.11.94.37.84.344.47.7
YoY Gr. Rt. %--5991.7%NANA3116.7%122.3%81.4%-45%-6.1%8.2%-
BVPS (₹) 11.244.52.56.510.718.422.533.637.140.9
Adj Net Profit 0.3-16.1-6.40.14.49.817.89.89.29.918
Cash Flow from Ops. -28.721.924.10.626.61711.910.947.712.4-
Debt/CF from Ops. -3.13.62.685.41.92.12.73.40.41.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.3%9.5%3.7%9.2%
Adj EPS 49%17.7%-17.6%8.2%
BVPS 14.341.526.310.2
Share Price 29.2% 27.3% 57.3% -29%

Key Financial Parameters

Performance Ratio Colour Code Guide

Sep'12Sep'13Sep'14Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 1.1-93.5-662.237.649.753.420.914.312.319.9
Op. Profit Mgn % 5.4-4.4-0.68.77.514.912.810.417.81519
Net Profit Mgn % 0.2-14.7-6.20.24.910.213.96.476.99.8
Debt to Equity 3.58.56.19.43.41.40.80.70.20.2-
Working Cap Days 3974934422963523484074515533490
Cash Conv. Cycle 831275026-246-95-16-122240

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 19.90%

Sales growth is good in last 4 quarters at 29.83%

Sales growth has been subdued in last 3 years 3.74%

Net Profit has been subdued in last 3 years -17.62%

Latest Financials - Nelco Ltd.

Standalone Consolidated
TTM EPS (₹) 7.7 7.6
TTM Sales (₹ Cr.) 180 303
BVPS (₹.) 40.9 43.2
Reserves (₹ Cr.) 70 76
P/BV 12.66 11.97
PE 66.92 68.59
From the Market
52 Week Low / High (₹) 487.00 / 1089.95
All Time Low / High (₹) 2.20 / 1700.00
Market Cap (₹ Cr.) 1,181
Equity (₹ Cr.) 22.8
Face Value (₹) 10
Industry PE 33.1

Management X-Ray of NELCO :

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 (%)

Event Update

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Analyst's Notes

Key Ratios of NELCO

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Nelco Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of NELCO on 31-Mar-2023 18:02 is : 517.6.
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 31-Mar-2023 18:02 the market cap of NELCO stood at ₹ 1,181.1.
The latest PE ratio of NELCO as of 31-Mar-2023 18:02 is 66.92.
The latest PB ratio of NELCO as of 31-Mar-2023 18:02 is 12.66
The 52-week high of NELCO is ₹ 1,090 and the 52-week low is ₹ 487.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of NELCO is ₹ 180.0 ( Cr.) .

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 company’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
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