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.
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.
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.
Nelco provides VSAT connectivity solutions with security measures to guard confidentiality of banking and financial services. The organisation offers customised 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.
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.
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.
Making use of the iDirect platform, Nelco has developed its maritime product, which includes the ability to follow the movement of VSATs.
– In FY23, Nelco’s total revenue was ₹313 crore, compared to ₹260 crore in the previous fiscal. – The company’s net profit was ₹20 crore in FY23, compared to ₹16 crore in FY22r. – In FY23, the earnings per share (EPS) was ₹8.7, compared to ₹7.05 in FY22. – The company’s EBITDA for FY23 was ₹63 crore, compared to ₹55 crore in FY22.
As of 25 May 2026, Nelco share price is ₹672.90. The stock opened at ₹670.00, compared to its previous close of ₹664.95. During today's trading session, Nelco share price moved in the range of ₹670.00 to ₹684.00, with an average price of ₹677.00 for the day. Looking at its last 52-week, the stock has touched a low of ₹670.00 and a high of ₹684.00.
The market capitalization of Nelco is ₹1,518 Crs, with a P/E ratio of 458.6 and a dividend yield of 0.15%.