Nelco Limited (NELCO.NS)
Navi Mumbai, IN
Nelco Limited, an Indian enterprise founded in 1940 and based in Navi Mumbai, operates as a subsidiary of The Tata Power Company Limited. The company specializes in providing advanced Very Small Aperture Terminal (VSAT) communication services and comprehensive integrated security and surveillance solutions across India. Its VSAT offerings facilitate vital connectivity for diverse sectors, including renewable energy, maritime, oil and gas, and general business enterprises, as well as for bank ATMs and branches. Beyond connectivity, Nelco delivers end-to-end security and surveillance systems, covering their design, supply, installation, and ongoing maintenance. These solutions find application in a wide range of critical environments, such as industrial plants, power stations, broadcasting and telecommunications sites, airports, railways, seaports, and national borders. Additionally, Nelco provides complete networking solutions, offers VSAT equipment for sale or rental, and manages the upkeep of private communication hubs and hybrid networks for its clientele, which includes both commercial businesses and governmental institutions.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +2.43% | +5.24% | +6.36% | +20.01% | -4.56% | -0.95% | -32.42% | +1.47% | +169.81% | +649.14% | +3,041.52% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2024-11 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Communication Equipment: +9.8%+0.6% Q1'26: +17.3% (vs Q1'25)
-
EPS growth Communication Equipment: +36.4%-65.3% Q1'26: +126.8% (vs Q1'25)
-
FCF margin FCF growth · Communication Equipment: +59.0%-0.5% Q1'26: +2.6% (vs Q1'25)
-
EBIT margin Communication Equipment: +4.7%+2.8% Q1'26: +0.8% (vs Q1'25)
-
ROIC Communication Equipment: +3.7%+3.4% Q1'26: +0.8% (vs Q1'25)
-
Share dilution Communication Equipment: +0.0%+0.4% Q1'26: -0.4% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Communication Equipment: -1.04×2.55× Q1'26: 3.29× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2020 actual |
Mar 2021 actual |
Mar 2026 1 Rev. Ana. 1 EPS Ana. |
Mar 2027 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|
| Revenue |
2.20B
est: 2.25B (-2.4%)
|
2.26B
est: 2.59B (-12.8%)
|
2.25B
2.25B – 2.25B
-13.0% YoY
|
2.59B
2.59B – 2.59B
+15.0% YoY
|
| EBITDA |
528.50M
est: 445.76M (+18.6%)
|
477.10M
est: 512.63M (-6.9%)
|
392.64M
392.64M – 392.64M
-23.4% YoY
|
451.53M
451.53M – 451.53M
+15.0% YoY
|
| EBIT |
324.00M
est: 254.70M (+27.2%)
|
254.10M
est: 292.91M (-13.2%)
|
216.70M
216.70M – 216.70M
-26.0% YoY
|
249.21M
249.21M – 249.21M
+15.0% YoY
|
| Net Income |
143.80M
est: 208.16M (-30.9%)
|
123.60M
est: 239.62M (-48.4%)
|
209.05M
209.05M – 209.05M
-12.8% YoY
|
240.65M
240.65M – 240.65M
+15.1% YoY
|
| SGA |
76.90M
est: 274.78M (-72.0%)
|
93.30M
est: 316.00M (-70.5%)
|
328.06M
328.06M – 328.06M
+3.8% YoY
|
377.27M
377.27M – 377.27M
+15.0% YoY
|
| EPS |
6.30
est: 9.13 (-31.0%)
|
5.42
est: 10.51 (-48.4%)
|
9.13
9.13 – 9.13
-13.1% YoY
|
10.51
10.51 – 10.51
+15.1% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-06-12 | C+ | 2/5 | 3/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-06-11 | C+ | 2/5 | 3/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-06-10 | C+ | 2/5 | 3/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-06-09 | C+ | 2/5 | 3/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-06-08 | C+ | 2/5 | 3/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-06-05 | C+ | 2/5 | 3/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-06-04 | C+ | 2/5 | 3/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-06-03 | C+ | 2/5 | 3/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-06-02 | C+ | 2/5 | 3/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-06-01 | C+ | 2/5 | 3/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-29 | C+ | 2/5 | 3/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-27 | C+ | 2/5 | 3/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-26 | C+ | 2/5 | 3/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-25 | C+ | 2/5 | 3/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-22 | C+ | 2/5 | 3/5 | 3/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-21 | C+ | 2/5 | 3/5 | 3/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-20 | C+ | 2/5 | 3/5 | 3/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-19 | C+ | 2/5 | 3/5 | 3/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-18 | C+ | 2/5 | 3/5 | 3/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-15 | C+ | 2/5 | 3/5 | 3/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-14 | C+ | 2/5 | 3/5 | 3/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-13 | C+ | 2/5 | 3/5 | 3/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-12 | C+ | 2/5 | 3/5 | 3/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-11 | C+ | 2/5 | 3/5 | 3/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-08 | C+ | 2/5 | 3/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-07 | C+ | 2/5 | 4/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-06 | C+ | 2/5 | 4/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-05 | C+ | 2/5 | 4/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-04 | C+ | 2/5 | 4/5 | 2/5 | 3/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-30 | C+ | 2/5 | 4/5 | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-29 | C+ | 2/5 | 4/5 | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-28 | C+ | 2/5 | 4/5 | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-27 | C+ | 2/5 | 4/5 | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-24 | C+ | 2/5 | 4/5 | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-23 | C+ | 2/5 | 4/5 | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-22 | C | 2/5 | 3/5 | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-21 | C- | 1/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-20 | C- | 1/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-17 | C- | 1/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-16 | C- | 1/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | State Street SPDR S&P Emerging Markets Small Cap ETF EWX | 0.01% | 70.4K | 0.65% |
| 2 | Dimensional Emerging Markets Sustainability Core 1 ETF DFSE | 0.00% | 6.3K | 0.44% |
| 3 | Dimensional - Emerging Core Equity Market ETF DFAE | 0.00% | 32.0K | 0.29% |
| 4 | Dimensional - Emerging Markets Core Equity 2 ETF DFEM | 0.00% | 28.0K | 0.39% |
| 5 | Dimensional World ex U.S. Core Equity 2 ETF DFAX | 0.00% | 13.7K | 0.28% |
| 6 | Dimensional - Emerging Markets ex China Core Equity ETF DEXC | 0.00% | 304.30 | 0.56% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Pradip J. Nath | MD, Chief Executive Officer & Executive Director | 42M | male |
| Jitender Ahuja | Senior Vice President of Products & Solutions | — | male |
| Kingshuk Basak | Head of Network Operations & Engineering | — | — |
| Leena Thomas | Head of HR & Administration | — | female |
| Malav Shah | Chief Financial Officer, Chief Investor Relations Officer and GM of Accounts, Treasury & Taxation | — | male |
| Pooja Johar | Head of Strategy, Risk Management & Business Excellence | — | — |
| Daniel Alex Thomas | Executive Vice President | — | male |
| Ritesh Narendrabhai Kamdar | Company Secretary & Head-Legal and Compliance Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for NELCO.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
