NELCO logo

NELCO share price

NSE: NELCOBSE: 504112IT - HardwareSmall Cap

Formerly National Radio & Electric Co.
Last close ₹692.55down ₹44.35 (6.02%)BSE ₹692.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹736.90.

52-week range of traded prices to 23 Oct 2026
₹500.10Low, 30 Mar 2026₹1,120.00High, 17 Aug 2026
Market cap
₹1,580 Cr1,275th largest listed
P/E
398.1
P/E without one-offs
235.2
P/B
12.1
Dividend yield
0.14%
ROE
3.1%
ROE without one-offs
5.2%
ROCE
2.6%
Debt to equity
1.88
Volume, NSE
2,84,91353.5% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−19.1%over a year

Results20-session average 1,62,341 shares a day, 38.8% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Sep 2026, against the quarter beforeFiled 19 Oct

Revenue
₹78 Crdown 2.36%
Net profit
₹1.73 Crdown 26.07%
Net margin
2.2%

Revenue by year

Peak revenue ₹320 Cr, year to Mar 2024

Net profit by year, a loss in red

₹ croreDec 2024Filed 16 JanMar 2025Filed 12 JunJun 2025Filed 14 JulSep 2025Filed 17 OctDec 2025Filed 15 JanMar 2026Filed 20 AprJun 2026Filed 16 JulSep 2026Filed 19 Oct
Revenue80.767.574.874.378.379.280.078.1
Net profit5.0−4.11.81.6−1.21.12.31.7
Net margin6.1%−6.0%2.4%2.2%−1.5%1.4%2.9%2.2%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Networking systems, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 90% of 2,418 trading days over the last 10 years.

LowestHighest
Its median70.1Industry median18.0
Price to book

At or below today's level on 34% of 1,983 trading days since Oct 2018.

LowestHighest
Its median14.7Industry median2.1
EV to EBITDA59.1

At or below today's level on 95% of 1,983 trading days since Oct 2018.

LowestHighest
Its median28.8Industry median12.5
Dividend yield

At or below today's level on 39% of 2,452 trading days over the last 10 years.

LowestHighest
Its median0.19%Industry median1.37%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−43.6%−65.3%+62.1%0.2%
3 years−0.5%−45.0%+80.4%0.2%
5 years+22.1%−23.2%+58.6%0.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026. Foreign institutions include 3.80% held as foreign direct investment: a stake taken in the company directly, such as a foreign parent's, not bought by portfolio investors.Shareholding pattern

Shareholding by group

  • Promoters50.09%
  • Foreign institutions4.83%
  • Indian institutions0.05%
  • Governments0.25%
  • Individuals and others44.78%
Holder
The Tata Power Company LimitedPromoter50.04%
Schlumberger LimitedForeign direct investment3.80%
Investor Education and Protection Fund Authority Ministry of Corporate AffairsInvestor education fund1.28%
Aftaab Investment Company LimitedPromoter0.04%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

1 fund disclosed a holding for Sep 2026. No fund changed its holding in Sep 2026. 1 fund filed its first portfolio on record, holding it.

Fund
Mirae Asset Mutual Fund logoMirae Asset BSE Information Technology Index FundMirae Asset Mutual Fund890.08%₹81,000
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Computers Hardware & Equipments, 28 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to NELCO in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
GNG Electronics logoGNG ElectronicsEBGNG7,78154.610.337.8––18.8%17.3%0.00%
Rashi Peripherals logoRashi PeripheralsRPTECH5,39116.92.712.3+40.4%+49.0%16.9%16.3%0.25%
Moschip Technologies logoMoschip TechnologiesMOSCHIP3,216119.67.959.0+8.4%−33.4%7.3%7.3%0.00%
D-Link (India) logoD-Link (India)DLINKINDIA1,39613.02.89.7+20.5%+2.2%21.9%25.7%8.52%
Ivalue Infosolutions logoIvalue InfosolutionsIVALUE1,17211.32.17.7––18.3%22.0%0.00%
Control Print logoControl PrintCONTROLPR89122.82.010.2+10.9%−59.8%9.0%14.7%1.80%
Bharat Global Developers logoBharat Global DevelopersBGDL826–4.3–−99.0%––−1.2%0.00%
TVS Electronics logoTVS ElectronicsTVSELECT686–7.145.5+11.7%–−1.9%0.1%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹2.20 a share, year to Mar 2024.
Ex-dateTypePer share
9 Jun 2026Final₹1.00
9 Jun 2025Final₹1.00
10 Jun 2024Final₹2.20
6 Jun 2023Final₹2.00
21 Jun 2022Final₹1.80
7 Jun 2021Final₹1.20
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

NELCO share price by year

Each calendar year to 2025.NELCO share price history

YearClose at year endChangeHighest closeLowest close
2025729.50−42.2%1,377.90714.75
20241,262.25+58.9%1,463.90692.55
2023794.40+11.6%860.10488.90
2022711.90−1.4%1,038.75522.25
2021722.35+268.5%960.10179.90
2020196.05−18.7%255.65121.30
2019241.25−3.9%330.25208.70
2018251.10+105.7%359.45107.70
2017122.05+57.0%136.6576.65
201677.75−37.5%126.2569.55
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026737.00742.00686.30692.55698.732,84,91353.5%
22 Oct 2026751.25769.95732.50736.90750.771,20,59036.6%
21 Oct 2026804.90809.50745.05751.25763.461,72,10143.6%
19 Oct 2026824.00830.50675.10788.45796.411,26,47933.1%
16 Oct 2026832.00837.90821.00824.55828.3796,09038.5%
15 Oct 2026848.50854.45829.00831.40841.5799,08346.4%
14 Oct 2026850.00860.00839.05844.40848.1562,37339.8%
13 Oct 2026856.00857.35833.50852.30844.9873,17728.7%
12 Oct 2026858.95883.60849.15852.60860.4487,66335.8%
9 Oct 2026870.00877.90841.60853.35855.902,01,78530.0%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
NELCO Limited
NSE symbol
NELCO
BSE code
504112
ISIN
INE045B01015
Industry
IT - Hardware
Listed
Sep 1962 on BSE, May 2003 on NSE
Face value
₹10
CIN
L32200MH1940PLC003164
Corporate identity number, the registrar of companies' code for it