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NELCO results

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

Q2 results, quarter to Sep 2026

Consolidated: the company and its subsidiaries together. ₹ crore.NELCO annual results and balance sheet

Revenue
₹78 Cr+5.1% on a year ago · −2.4% on the quarter before
Operating profit
₹9.12 Cr+22.1% on a year ago · +9.6% on the quarter before
Net profit
₹1.73 Cr+6.8% on a year ago · −26.1% on the quarter before
Earnings per share
₹0.76+7.0% on a year ago · −25.5% on the quarter before
Operating margin
11.7%
Net margin
2.2%

From revenue to net profit, ₹ crore

  1. Revenue78
  2. Materials and goods−6.0
  3. Employee costs−12
  4. Other expenses−51
  5. Operating profit9.1
  6. Depreciation−5.8
  7. Other income+2.5
  8. Finance costs−3.4
  9. Profit before tax2.4
  10. Tax−0.6
  11. Joint ventures−0.1
  12. Net profit1.7

NELCO results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Sep 2026. Results for the quarter to Dec 2026 are due by 14 Feb 2027, 45 days after it ends.Results filings and date

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
₹ croreDec 2021Q3Filed 20 JanMar 2022Q4Filed 5 MayJun 2022Q1Filed 19 JulSep 2022Q2Filed 22 OctDec 2022Q3Filed 23 JanMar 2023Q4Filed 8 MayJun 2023Q1Filed 20 JulSep 2023Q2Filed 16 OctDec 2023Q3Filed 16 JanMar 2024Q4Filed 30 AprJun 2024Q1Filed 12 JulSep 2024Q2Filed 4 NovDec 2024Q3Filed 16 JanMar 2025Q4Filed 12 JunJun 2025Q1Filed 14 JulSep 2025Q2Filed 17 OctDec 2025Q3Filed 15 JanMar 2026Q4Filed 20 AprJun 2026Q1Filed 16 JulSep 2026Q2Filed 19 Oct
Revenue from operations72.171.781.775.474.282.078.876.783.281.674.182.680.767.574.874.378.379.280.078.1
57.859.066.661.158.965.264.462.766.966.961.871.768.560.967.166.970.573.771.769.0
Materials and goods bought17.114.819.811.47.711.88.18.79.59.05.212.17.22.510.19.810.86.26.96.0
Employee costs8.28.69.09.49.09.611.210.410.511.012.111.411.211.011.912.012.913.813.212.3
Other expenses32.535.637.940.442.243.745.143.647.046.844.548.150.247.345.045.146.953.751.650.7
Operating profit before depreciation14.312.715.014.415.316.814.413.916.314.712.310.812.26.67.77.57.85.58.39.1
Operating margin19.8%17.7%18.4%19.0%20.6%20.5%18.3%18.1%19.6%18.0%16.6%13.1%15.1%9.8%10.3%10.0%10.0%7.0%10.4%11.7%
Depreciation and amortisation6.47.06.36.76.88.05.25.15.96.05.35.25.36.44.95.15.04.95.15.8
Other income1.41.50.30.70.70.90.40.40.80.70.10.91.52.60.61.30.61.90.12.5
Finance costs2.12.02.42.12.02.11.51.71.91.41.11.41.51.51.21.51.40.71.33.4
Profit before one-off items and tax7.35.26.76.37.27.78.17.59.48.16.15.26.91.32.22.11.91.82.12.4
One-off items0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0−3.80.01.10.0
Profit before tax7.35.26.76.37.27.78.17.59.48.16.15.26.91.32.22.1−1.91.83.12.4
2.02.22.01.82.22.02.31.93.52.11.61.32.05.20.60.6−0.50.70.80.6
Tax rate27.4%42.1%29.2%28.9%30.7%26.0%28.9%24.7%37.7%26.2%25.6%26.0%29.3%394.7%27.1%25.7%–36.5%25.2%25.1%
Share of profit of joint ventures and associates–––––––0.00.30.20.10.30.1−0.20.20.00.1−0.1–−0.1
Net profit5.33.04.74.55.05.75.75.76.26.14.64.15.0−4.11.81.6−1.21.12.31.7
Other comprehensive income0.00.3−0.4−0.10.20.1−0.50.10.20.1−0.30.1−0.10.1−0.4−0.10.00.40.40.2
Total comprehensive income5.33.34.34.45.25.75.35.86.46.24.34.24.9−4.01.41.6−1.21.52.71.9
Net margin7.3%4.2%5.8%5.9%6.7%6.9%7.3%7.4%7.4%7.5%6.2%5.0%6.1%−6.0%2.4%2.2%−1.5%1.4%2.9%2.2%
Net margin without joint ventures and associates–––––––7.4%7.0%7.3%6.1%4.6%6.1%−5.8%2.2%2.1%−1.7%1.5%–2.3%
Earnings per share₹2.30₹1.33₹2.07₹1.96₹2.19₹2.48₹2.51₹2.49₹2.69₹2.67₹2.00₹1.80₹2.17−₹1.79₹0.79₹0.71−₹0.52₹0.48₹1.02₹0.76
Earnings per share in rupees, restated for later splits and bonuses.

Filed results, as an XML file each

16 earlier filings