Nelco Share Price
NELCO
Nelco Share Price Chart
About Nelco
Nelco Financials
Market cap ₹2,828 Crs | Open ₹1,250.85 | Close ₹1,239.25 |
Circuit range ₹1,487.10 - ₹991.40 | Day range ₹1,228.55 - ₹1,281.40 | Year range ₹642.55 - ₹1,349.00 |
Volume 1,95,948 | Avg. traded ₹1,261.98 | Revenue (12m) ₹321 Crs |
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.
Financial highlights
– 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.
Nelco Key indicators
52 week high ₹1,349.00 | 52 week low ₹642.55 | P/E ratio 135.24 |
P/B ratio 23.47 | ROE 19.43% | ROCE 28.29% |
Dividend yield 0.17% | Debt/Equity ratio | EPS 9.32 |
Learn more
Sector
Equity returns
Dividend returns
Safety factor
Growth factor
Debt vs Equity
Profit factor
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily
Nelco Fundamentals
Nelco Financial Ratios
Operating profit margin20.7% | Net profit margin9.55% |
ROE19.43% | ROA10.98% |
ROCE28.29% |
Quick ratio1 | Current ratio1 |
Interest coverage11.01 | Asset turnover1.15 |
Debt to Equity0 |
P/E ratio135.24 | P/B ratio23.47 |
EV / EBITDA33.87 | |
Dividend yield0.17% |
Learn more
Revenue statement
All values are in ₹ Crores (Cr)Learn more
Cash flow
All values are in ₹ Crores (Cr)Learn more
Balance sheet
All values are in ₹ Crores (Cr)Total assets
Total liabilities
Learn more
Nelco Share Price history
Day | Open | Close | Change % |
---|---|---|---|
Thu, Dec 5 2024 | ₹1,300.00 | ₹1,239.25 | -5.16% |
Wed, Dec 4 2024 | ₹1,216.55 | ₹1,306.70 | |
Tue, Dec 3 2024 | ₹1,225.00 | ₹1,219.55 | -1.24% |
Mon, Dec 2 2024 | ₹1,053.00 | ₹1,234.90 | |
Fri, Nov 29 2024 | ₹1,013.05 | ₹1,040.85 | |
Thu, Nov 28 2024 | ₹1,019.45 | ₹1,013.05 | -0.27% |
Wed, Nov 27 2024 | ₹990.40 | ₹1,015.75 | |
Tue, Nov 26 2024 | ₹981.25 | ₹987.65 |
Events
Corporate actions
Dividend • ₹2.2/share
Ex date 10 Jun 2024
Dividend • ₹2/share
Ex date 06 Jun 2023
Dividend • ₹1.8/share
Ex date 21 Jun 2022
Learn more