NELCO

Why is NELCO Ltd falling/rising?

As of 01-Sep, NELCO Ltd's stock price is at 924.55, reflecting a decline of 2.84% and part of a broader trend of decreasing value over the past three days. Despite a positive year-to-date performance of 26.59%, recent weakness, reduced investor participation, and underperformance against its sector indicate a bearish trend.

As of 01-Sep, NELCO Ltd's stock price is falling, currently at 924.55, which reflects a decrease of 27.05 or 2.84%. This decline is part of a broader trend, as the stock has been losing value for the last three days, resulting in a total drop of 3.79% during this period. Additionally, the stock has underperformed its sector by 2.11% today.<BR><BR>The stock's performance over the past week shows a slight decline of 0.23%, while its one-month performance indicates a more significant drop of 8.73%. In contrast, the year-to-date performance remains positive at 26.59%, suggesting that while there has been recent weakness, the stock has experienced substantial gains earlier in the year.<BR><BR>Investor participation has also decreased, with delivery volume on August 31 falling by 47.2% compared to the five-day average, indicating reduced interest from investors. The stock touched an intraday low of Rs 920, which is a 3.32% decline from its previous levels. Furthermore, while the stock is trading above its 100-day and 200-day moving averages, it is below its shorter-term moving averages (5-day, 20-day, and 50-day), which may signal a bearish trend.<BR><BR>Overall, the combination of recent consecutive declines, reduced investor participation, and underperformance relative to the sector contributes to the current falling price of NELCO Ltd's stock.

Which are the latest news on NELCO?

Who are in the management team of NELCO?

The management team of NELCO includes R N Tata (Chairman Emeritus), P J Nath (Managing Director & CEO), and several non-executive directors, including K Narasimha Murthy, Lakshmi Nadkarni, and Ajay Kumar Pandey, among others. They are responsible for guiding the company's strategy and operations.

The management team of NELCO includes the following key individuals:<BR><BR>1. **R N Tata** - Chairman Emeritus<BR>2. **P J Nath** - Managing Director & CEO<BR>3. **Girish V Kirkinde** - Company Secretary & Compliance Officer<BR>4. **K Narasimha Murthy** - Non-Executive & Independent Director<BR>5. **Lakshmi Nadkarni** - Non-Executive & Independent Director<BR>6. **Ajay Kumar Pandey** - Non-Executive & Independent Director<BR>7. **Saurabh Ray** - Director<BR>8. **Amur Swaminathan Lakshminarayanan** - Chairman (Non-Executive)<BR><BR>This team plays a crucial role in guiding the company's strategy and operations.

What does NELCO do?

NELCO Ltd is a micro-cap company in the IT - Hardware industry, specializing in broadcasting equipment manufacturing. As of June 2026, it reported net sales of 80 Cr and a net profit of 2 Cr, with a market cap of INR 2,179 Cr.

Overview:<BR>NELCO Ltd is a micro-cap company operating in the IT - Hardware industry, primarily focused on manufacturing broadcasting equipment.<BR><BR>History:<BR>Incorporated in 1940, NELCO was formerly known as National Radio & Electronics Company Limited. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 80 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 2 Cr (Quarterly Results - Jun 2026) <BR>Market-cap: INR 2,179 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 316.00 <BR>Industry P/E: 45 <BR>Dividend Yield: 0.10% <BR>Debt-Equity: 0.41 <BR>Return on Equity: 5.53% <BR>Price to Book: 17.16 <BR><BR>Contact Details:<BR>Address: EL 6 TTC Industrial Area, MIDC Electronics Zone Mahape Navi Mumbai Maharashtra : 400710 <BR>Tel: 91-22-67399100 <BR>Email: girish.kirkinde@nelco.in <BR>Website: http://www.nelco.in

Who are the peers of the NELCO?

NELCO's peers include Aditya Infotech, E2E Networks, GNG Electronics, Rashi Peripheral, D-Link India, Bharat Global, Control Print, TVS Electronics, and DC Infotech. Rashi Peripheral leads in 1-year returns at 189.85%, while NELCO's return is 18.12%, and management risks vary from excellent to average across these companies.

Peers: The peers of NELCO are Aditya Infotech, E2E Networks, GNG Electronics, Rashi Peripheral, D-Link India, Bharat Global, Control Print, TVS Elec., DC Infotech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Aditya Infotech and GNG Electronics, while Average management risk is found at E2E Networks, Rashi Peripheral, D-Link India, Bharat Global, Control Print, TVS Elec., and DC Infotech, and the rest. Growth is Excellent at Aditya Infotech, E2E Networks, GNG Electronics, Rashi Peripheral, and DC Infotech, while NELCO, Bharat Global, Control Print, TVS Elec. show Below Average growth, and the rest. Excellent capital structure is noted at Aditya Infotech, D-Link India, and Control Print, while Good capital structure is observed at NELCO, E2E Networks, GNG Electronics, TVS Elec., and DC Infotech, and the rest.<BR><BR>Return Snapshot: Rashi Peripheral has the highest 1-year return at 189.85%, while D-Link India has the lowest at -6.77%. NELCO's 1-year return of 18.12% is higher than D-Link India's but lower than Rashi Peripheral's. Additionally, Control Print and TVS Elec. have negative six-month returns.

How big is NELCO?

As of 31st August, NELCO Ltd has a market capitalization of 2,179.00 Cr, with net sales of 311.84 Cr and a net profit of 3.86 Cr in the latest four quarters. Shareholder's funds were 128.83 Cr, and total assets were 315.11 Cr as of March 2026.

As of 31st August, NELCO Ltd has a market capitalization of 2,179.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, NELCO reported net sales of 311.84 Cr and a net profit of 3.86 Cr.<BR><BR>For the latest annual period ending March 2026, NELCO's shareholder's funds amounted to 128.83 Cr, while total assets were reported at 315.11 Cr.

Are NELCO Ltd latest results good or bad?

NELCO Ltd's latest results show a significant profit recovery with a net profit increase of 114.68% quarter-on-quarter, but year-on-year growth is modest at 30%, and concerns about demand sustainability and declining return ratios suggest caution for investors.

NELCO Ltd's latest results present a mixed picture. On one hand, the company has shown a significant sequential profit recovery, with a net profit of ₹2.34 crores for Q1 FY27, marking a remarkable 114.68% increase compared to the previous quarter. This is a positive sign after a challenging period.<BR><BR>However, year-on-year growth remains modest at 30%, and revenue growth of 7.01% to ₹80.03 crores raises concerns about demand sustainability. The operating margin, while improved at 10.40%, is still significantly lower than the 15.09% recorded in December 2024, indicating ongoing pressure on profitability.<BR><BR>The company's return on capital employed (ROCE) has sharply declined to 4.75%, and return on equity (ROE) has fallen to 5.53%, suggesting deteriorating capital efficiency. Additionally, operating cash flow has decreased significantly, which raises questions about the quality of earnings.<BR><BR>Overall, while the recent profit surge is encouraging, it masks deeper structural challenges, including declining return ratios and cash flow issues. Investors should approach NELCO with caution, monitoring future performance closely to assess whether the recent improvements can be sustained.

Should I buy, sell or hold NELCO Ltd?

Is NELCO technically bullish or bearish?

As of December 1, 2025, the market trend has shifted to a moderately strong bearish stance, supported by bearish momentum in the MACD, confirming daily moving averages, and bearish Bollinger Bands, despite mixed signals from the KST and weak bullish indicators from the RSI and other analyses.

As of 1 December 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this conclusion include the weekly MACD showing bearish momentum, daily moving averages confirming a bearish trend, and both weekly and monthly Bollinger Bands indicating bearish conditions. The KST is mildly bullish on a weekly basis but remains mildly bearish monthly, suggesting mixed signals. Overall, the lack of strong bullish signals from the RSI and the absence of trends in Dow Theory and OBV further support the bearish outlook.

How has been the historical performance of NELCO?

NELCO's historical performance shows a decline in net sales and profits from March 2024 to March 2025, with net sales dropping from 320.30 Cr to 304.87 Cr and profit after tax decreasing from 23.20 Cr to 9.34 Cr, despite stable total assets. The company faced a challenging year with reduced operating profit and cash flow.

Answer:<BR>The historical performance of NELCO shows fluctuations in key financial metrics over the years, with notable changes in net sales, profits, and overall financial health.<BR><BR>Breakdown:<BR>NELCO's net sales peaked at 320.30 Cr in March 2024 but decreased to 304.87 Cr by March 2025. Total operating income followed a similar trend, declining from 320.30 Cr in March 2024 to 304.87 Cr in March 2025. The total expenditure, excluding depreciation, was 262.90 Cr in March 2025, slightly up from 260.91 Cr in March 2024. Operating profit (PBDIT) also saw a decrease from 61.75 Cr in March 2024 to 47.15 Cr in March 2025, reflecting a drop in operating profit margin from 18.54% to 13.77%. Profit before tax fell from 33.04 Cr in March 2024 to 19.47 Cr in March 2025, leading to a profit after tax of 9.34 Cr in March 2025, down from 23.20 Cr in March 2024. The company's total assets remained relatively stable at 261.95 Cr in March 2025 compared to 262.07 Cr in March 2024, while total liabilities slightly decreased to 261.95 Cr from 262.07 Cr. Cash flow from operating activities also declined from 44.00 Cr in March 2024 to 19.00 Cr in March 2025, contributing to a net cash outflow of 7.00 Cr in March 2025. Overall, NELCO's financial performance indicates a challenging year with reduced sales and profits, despite maintaining a stable asset base.

Who are the top shareholders of the NELCO?

The top shareholders of NELCO include The Tata Power Company Limited with 50.04%, Schlumberger Limited at 3.8%, and individual investors holding 37.48%. Additionally, 32 foreign institutional investors own 4.64% of the shares, with no pledged promoter holdings reported.

The top shareholders of NELCO include The Tata Power Company Limited, which holds the largest stake at 50.04%. Other significant shareholders are Schlumberger Limited, with a holding of 3.8%, and individual investors, who collectively own 37.48% of the company. Additionally, there are 32 foreign institutional investors (FIIs) that hold 4.64% of the shares. There are no pledged promoter holdings reported.

Is NELCO overvalued or undervalued?

As of April 3, 2023, NELCO is considered very expensive and overvalued with a PE ratio of 217.06, significantly higher than its peers, and has underperformed the Sensex with a year-to-date decline of 28.88%.

As of 3 April 2023, the valuation grade for NELCO has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently assessed as overvalued, with a PE ratio of 217.06, a Price to Book Value of 16.17, and an EV to EBITDA ratio of 50.19. These ratios suggest that the stock is trading at a premium compared to its earnings and book value, raising concerns about its valuation sustainability.<BR><BR>In comparison to its peers, NELCO's PE ratio is notably higher than typical industry standards, with its closest competitor exhibiting a PE ratio significantly lower than 217.06. Additionally, the company's ROE stands at 7.45%, which is relatively low given its high valuation metrics. Despite a strong historical performance over the long term, recent stock returns have lagged behind the Sensex, particularly with a year-to-date decline of 28.88% compared to the Sensex's gain of 5.60%. This further reinforces the view that NELCO is currently overvalued in the market.

When is the next results date for NELCO?

No Upcoming Board Meetings

Has NELCO declared dividend?

NELCO Ltd has declared a 10% dividend with an ex-date of June 9, 2025, and a dividend yield of 0.25%. Despite recent price fluctuations, the company has shown significant total returns over various periods, particularly in the long term.

NELCO Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Ex-date: 09 Jun 25<BR><BR>Dividend Yield: 0.25%.<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was -28.48%, the dividend return was 0.08%, resulting in a total return of -28.4%.<BR><BR>For the 1-year period, the price return was 26.18%, the dividend return was 0.13%, leading to a total return of 26.31%.<BR><BR>In the 2-year period, the price return was 26.18%, the dividend return was 0.46%, which resulted in a total return of 26.64%.<BR><BR>During the 3-year period, the price return was 39.34%, the dividend return was 0.90%, culminating in a total return of 40.24%.<BR><BR>For the 4-year period, the price return was 276.97%, the dividend return was 2.15%, yielding a total return of 279.12%.<BR><BR>In the 5-year period, the price return was 361.95%, the dividend return was 4.80%, resulting in a total return of 366.75%.<BR><BR>Overall, NELCO has declared a dividend, and while the dividend yield is relatively low at 0.25%, the total returns over various periods show significant growth, particularly over the longer term. This indicates a potentially strong investment despite recent fluctuations in price returns.