Nelco Share Price

Nelco, a part of the Tata Group, works in areas of VSAT connectivity, Satcom projects and integrated security & surveillance solutions. These solutions are supported by the company’s expertise in consulting, customisation, system integration, end-to-end management, infrastructure and processes to meet the demands of clients across industry verticals.

For businesses and government organisations, Nelco provides a variety of solutions. For clients ranging from corporates to the government, the company provides end-to-end networking solutions (Satcom projects) as well as maintenance of private hubs and hybrid networks.

The company has a market capitalisation of ₹1,800 crore as of January 30, 2024. Nelco share price has gained over 280% in three years.

Established in 1940 as the National Radio & Electronics Company, Nelco was primarily focused on producing broadcasting equipment and was supported by the Investment Corporation of India.

Nelco’s core business involves offering complete networking solutions with a focus on Satcom projects. These solutions include maintenance of private hub and hybrid network, as well as the sale and rental of VSATs (equipment business and related services). The organisation was instrumental in computerising numerous branches of Indian banks and implementing telebanking in nationalised banks.

Over time, the company has expanded its production capabilities to include computers, televisions, industrial systems and telecommunication systems as it has diversified its electronic activities.

Business operations

Satellite Communication Services (VSAT)

With the help of its fully-owned subsidiary Tatanet Services Ltd (TNSL), Nelco is able to provide satellite communication services to remote Indian villages. With a network of over 50,000 VSAT installations, Nelco serves both government and enterprise clients across industry sectors.

VSAT Service Applications

Bank ATM Connectivity

The Nelco VSAT ensures safe and dependable remote ATM connectivity solution. This gives banks and other financial institutions the ability to reach out to rural areas where the deployment of ATMs was previously thought to be impractical because of infrastructural constraints or a lack of a reliable network.

Bank Branch Connectivity

Nelco provides VSAT connectivity solutions with security measures to guard confidentiality of banking and financial services. The organisation offers customised solutions.

Renewable Energy Solutions

Nelco offers specialised solutions that increase operational efficiency for the renewable energy sector. The company offers real-time remote support for troubleshooting power plant difficulties through its VSAT solutions.

Enterprise solutions

Nelco’s enterprise solutions include a variety of services that are designed to meet the demands of companies in various sectors. Nelco’s solutions promote efficiency and innovation, ranging from sophisticated data management systems to communication infrastructures.

Oil, Energy & Gas Connectivity

In the oil and gas industry, Nelco connects land-based and offshore operations. The company has expertise in both dedicated and shared hub services, servicing India’s largest Oil and Gas corporation, ONGC, managing over 150 offshore rigs and platforms.

Maritime Connectivity

Making use of the iDirect platform, Nelco has developed its maritime product, which includes the ability to follow the movement of VSATs.

Nelco Financial Highlights

• Revenue: Nelco reported revenue of ₹310.96 crore in FY26 vs ₹310.05 crore in FY25. It showed an increase of 0.29% on a yearly basis.
• Operating Profit: Nelco reported an operating profit of ₹4.59 crore in FY26 vs ₹19.66 crore in FY25. It showed a decrease of 76.65% on a year-on-year basis.
• Net Profit: Nelco reported a net profit of ₹3.32 crore in FY26 vs ₹9.53 crore in FY25. It showed a decrease of 65.16% on a yearly basis.

Nelco Quarterly Result Highlights

• Nelco reported revenue of ₹81.11 crore in Mar 2026, compared with ₹78.88 crore in Dec 2025, representing an increase of 2.83% on a quarter-on-quarter (QoQ) basis.
• Nelco reported an operating profit of ₹1.75 crore in Mar 2026, compared with ₹1.73 crore in Dec 2025, representing an increase of 201.16% on a quarter-on-quarter (QoQ) basis.
• Nelco reported a profit of ₹1.09 crore in Mar 2026, compared with ₹1.19 crore in Dec 2025, reflecting an increase of 191.60% on a QoQ basis.
• The earnings per share (EPS) of Nelco stood at ₹1.45 during Mar 2026.