| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 78.1 | 74.3 | +5.1% |
| EBITDA | 9.1 | 7.5 | +22.1% |
| EBITDA margin | 11.7% | 10.1% | +1.6 pts |
| Profit before tax | 2.4 | 2.1 | +11.7% |
| Net profit | 1.7 | 1.6 | +6.8% |
| EPS | ₹0.76 | ₹0.71 | +7.0% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 1,609 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 6.6 | 19.4 | 13.9 | 21.8 | 16.2 | ||
| 58.8 | 58.8 | 38.0 | 33.2 | 37.9 | ||
| 1,661 | — | — | — | — | ||
| 316 | 307 | 305 | 320 | 313 | ||
| — | +0.6% | −4.8% | +2.2% | — | ||
| 30.8 | 28.6 | 42.0 | 59.4 | 60.8 | ||
| 9.8% | 9.3% | 13.8% | 18.5% | 19.4% | ||
| 9.9 | 8.6 | 19.8 | 37.3 | 33.0 | ||
| 4.0 | 3.3 | 9.5 | 23.7 | 19.9 | ||
| 1.3% | 1.1% | 3.1% | 7.4% | 6.3% | ||
| ₹1.74 | ₹1.45 | ₹4.18 | ₹10.37 | ₹8.70 | ||
| — | −65.2% | −59.7% | +19.2% | — | ||
| — | 15.3 | 19.9 | 44.9 | 58.1 | ||
| — | −23.3 | −16.6 | −16.3 | −23.1 | ||
| −8.0 | −8.0 | 3.3 | 28.6 | 35.0 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,608.7 | |
| - Cash, Equiv & ST Investments | 16.2 | 21.8 | 13.9 | 19.4 | 6.6 | |
| + Total Debt | 37.9 | 33.2 | 38.0 | 58.8 | 58.8 | |
| Enterprise Value | — | — | — | — | 1,660.9 | |
| Revenue | 313.3 | 320.3 | 304.9 | 306.6 | 315.7 | |
| Growth %, YoY | — | +2.2 | -4.8 | +0.6 | — | |
| EBITDA | 60.8 | 59.4 | 42.0 | 28.6 | 30.8 | |
| Margin % | 19.39 | 18.54 | 13.77 | 9.32 | 9.75 | |
| EBIT | 33.0 | 37.3 | 19.8 | 8.6 | 9.9 | |
| Net Income | 19.9 | 23.7 | 9.5 | 3.3 | 4.0 | |
| Margin % | 6.34 | 7.39 | 3.13 | 1.08 | 1.26 | |
| EPS, Adj (current shares) | 8.70 | 10.37 | 4.18 | 1.45 | 1.74 | |
| Growth %, YoY | — | +19.2 | -59.7 | -65.2 | — | |
| Cash from Operations | 58.1 | 44.9 | 19.9 | 15.3 | — | |
| Capital Expenditures | -23.1 | -16.3 | -16.6 | -23.3 | — | |
| Free Cash Flow | 35.0 | 28.6 | 3.3 | -8.0 | -8.0 | |
Prices at the previous close · figures from the company's filings with NSE
NELCO (NSE: NELCO) had a market capitalisation of ₹1,609 crore at the previous close (₹704.95 a share), a PE ratio of 405.2 on the last four quarters' profit and a price-to-book ratio of 12.27. In FY26 its consolidated net profit was ₹3.3 crore on revenue of ₹307 crore; in Q2 FY27 (July–September 2026) it was ₹1.7 crore, up 6.8% year on year. Its debt-to-equity ratio was 1.88 on 30 September 2026. Promoters held 50.09% of the shares on 30 September 2026.
NELCO's PE ratio is 405.2 at the previous close (₹704.95 a share): a market capitalisation of ₹1,609 crore divided by consolidated net profit of ₹4 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹3.3 crore) it is 484.5. These four quarters include net exceptional items of −₹2.8 crore (one-off charges reported separately), so the ratio on recurring profit would differ.
NELCO's price-to-book (PB) ratio is 12.27 at the previous close: a market capitalisation of ₹1,609 crore divided by shareholders' equity (book value) of ₹131 crore on 30 September 2026. That is a book value of ₹57.46 per share against a share price of ₹704.95.
In FY26, NELCO's return on equity (ROE) was 2.6% and its return on capital employed (ROCE) was 6.3%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 7.6% and ROCE 14.3%.
NELCO's market capitalisation was ₹1,609 crore at the previous close: 2.28 crore shares at ₹704.95 each.
NELCO's basic earnings per share (EPS) were ₹1.45 in FY26, against ₹4.18 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹1.74.
In 2026, NELCO has declared one dividend: ₹1 with record date 9 June 2026.
No. NELCO had borrowings of ₹246 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.88. Its cash and current investments were ₹7.5 crore, so its net debt was ₹239 crore.
NELCO's debt-to-equity ratio was 1.88 on 30 September 2026: borrowings of ₹246 crore against total equity of ₹131 crore. A year earlier, on 30 September 2025, it was 0.44.
NELCO's dividend yield is 0.14% at the previous close: dividends of ₹1 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹704.95. They were ₹1 on 9 June 2026.
NELCO's net worth — shareholders' equity in its consolidated balance sheet — was ₹131 crore on 30 September 2026, up 2.0% from ₹129 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,609 crore at the previous close.
NELCO's book value per share was ₹57.46 on 30 September 2026: shareholders' equity of ₹131 crore divided by the 2.28 crore shares in issue, up 2.0% from ₹56.33 a year earlier. The share price at the previous close was ₹704.95.
In FY26 (April 2025–March 2026), NELCO's consolidated net profit was ₹3.3 crore, down 65.2% from ₹9.5 crore in FY25, on revenue from operations of ₹307 crore (up 0.6%). Over three years, from FY23, net profit was down 83.3%.
Promoters held 50.09% of NELCO on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, NELCO generated ₹15.3 crore of cash from operations and spent ₹23.3 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹8 crore. In FY25 it was ₹3.3 crore.
NELCO's latest results are for Q2 FY27 (July–September 2026), filed on 19 October 2026: consolidated net profit ₹1.7 crore, up 6.8% from ₹1.6 crore in Q2 FY26; revenue from operations ₹78.1 crore, up 5.1% year on year.
On 30 September 2026, NELCO's shares were held by promoters 50.09%, foreign portfolio investors (FII/FPI) 4.83%, domestic institutions (DII) 0.05% (including mutual funds at 0.00%) and retail and other non-institutional investors 44.78%. Over the year, FII holding was up 0.27 percentage points from 4.56% and DII holding was down 0.11 percentage points from 0.16%.
NELCO has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On FY26 consolidated figures, against D-Link, Ivalue Infosolutions and Moschip Technologies: NELCO's operating margin of 2.8% is the lowest of the four (D-Link 8.0%, Ivalue Infosolutions 12.1%, Moschip Technologies 7.0%; peer average 9.0%); its return on equity of 2.6% is the lowest of the four (D-Link 21.2%, Ivalue Infosolutions 17.3%, Moschip Technologies 9.6%; peer average 16.0%).
In FY26, NELCO earned net profit of ₹3.3 crore on revenue of ₹307 crore, against ₹104 crore on ₹1,566 crore for D-Link. NELCO's operating margin was 2.8% (D-Link 8.0%) and its return on equity 2.6% (D-Link 21.2%).
From NELCO's own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.