Arthneeti

NELCO Q2 FY27 Share Price & Earnings Call Analysis

₹798.05-1.13% today
Market cap
₹1,818 Cr
P/E
299.08
ROE
0.46%
PEG
-4.33
Price to sales
5.76
Debt to equity
1.88
52W high / low
₹1,082 / ₹506
Sales growth (5Y)
6.28%
EBITDA margin
9.72%
Net profit margin
0.19%
Promoter holding
50.09%
Sales (last year)
₹316 Cr

Potential multibaggers · Q2 FY27

This quarter's potential multibaggers
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does NELCO rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

NELCO latest results (Sep 2026)

Revenue

₹78 Cr

+5% YoY

Net profit

₹2 Cr

+7% YoY

Operating margin

11.59%

EPS

₹0.76

What management said on the call →

NELCO shareholding (Sep 2026)

Promoters

50.09%

unchanged QoQ

FIIs

4.83%

−0.79 pp QoQ

DIIs

0.05%

unchanged QoQ

Public

44.77%

+0.78 pp QoQ

Full shareholding pattern →Dividend history →

Financials of NELCO

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

NELCO

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +50.09%50.09%50.09%50.09%50.09%50.09%50.09%50.09%50.09%50.09%50.09%50.09%
FIIs +4.51%4.54%4.80%4.64%5.41%4.83%4.64%4.57%4.61%4.73%5.62%4.83%
DIIs +0.08%0.05%0.05%0.05%0.14%0.13%0.12%0.16%0.16%0.26%0.05%0.05%
Government +0.25%0.25%0.25%0.25%0.25%0.25%0.25%0.25%0.25%0.25%0.25%0.25%
Public +45.07%45.08%44.82%44.99%44.13%44.72%44.91%44.94%44.89%44.67%43.99%44.77%
No. of Shareholders69,07772,70372,95266,82367,64569,80970,29972,45171,85971,66069,14164,087

Financials of NELCO

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +76.6583.2481.6174.0882.5580.7267.5274.7974.3378.3079.1880.0378.14
Expenses +62.7466.9266.8961.7671.7168.5461.0867.0566.8670.4873.7171.7169.08
Operating Profit13.9116.3214.7212.3210.8412.186.447.747.477.825.478.329.06
OPM %18.15%19.61%18.04%16.63%13.13%15.09%9.54%10.35%10.05%9.99%6.91%10.40%11.59%
Other Income +0.441.130.880.161.191.572.640.761.31-3.091.931.202.51
Interest1.681.911.441.081.411.511.521.181.521.440.731.273.44
Depreciation5.125.855.955.295.185.266.434.925.095.024.925.125.80
Profit before tax7.559.698.216.115.446.981.132.402.17-1.731.753.132.33
Tax %24.64%36.53%25.70%25.37%24.63%29.08%461.06%25.00%25.35%-31.21%37.71%25.24%25.75%
Net Profit +5.696.156.104.564.104.95-4.081.801.62-1.191.092.341.73
EPS in Rs2.492.702.672.001.802.17-1.790.790.71-0.520.481.030.76

Financials of NELCO

Profit & Loss

Annual income statement trend

Sep 2014Mar 2016 18mMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +123200144150191220226260313320305307316
Expenses +124178125124155170181209252260262278285
Operating Profit-1221825365045516260432931
OPM %-0.9%11%13%17%19%23%20%19%20%19%14%9%10%
Other Income +19556443533513
Interest7138671310897657
Depreciation91189132022252822222021
Profit before tax227152020162328342055
Tax %24%0%9%20%-11%29%22%31%29%29%52%28%
Net Profit +226122214121620241034
EPS in Rs0.850.972.755.319.776.305.427.058.7010.374.181.451.75
Dividend Payout %0%0%0%0%15%19%22%26%23%21%24%69%

Financials of NELCO

Balance Sheet

Capital structure and asset base

Sep 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital23232323232323232323232323
Reserves-6-7-1113343536682101105106108
Borrowings +6685575082121908163575373246
Other Liabilities +635552789993729395102107146165
Total Liabilities146156131162237280238263262282287347542
Fixed Assets +352836518711710811095877877113
CWIP3635173431109418
Investments895600000444197
Other Assets +9911387101134160126150165181197225224
Total Assets146156131162237280238263262282287347542

Financials of NELCO

Cash Flows

Operating, investing and financing cash movement

Sep 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +33338322133545158452015
Cash from Investing Activity +-7-8-3-14-45-40-8-18-25-19-17-21
Cash from Financing Activity +-245-40-12254-47-19-33-20-1111
Net Cash Flow10-562-2-11416-86
Free Cash Flow25-72215-25-15453333293-6
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit-3,159%54%179%137%70%86%98%101%103%104%81%80%

Financials of NELCO

Ratios

Working capital efficiency and return ratios

Sep 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days11479851341151171021099697128123
Inventory Days1456913017685123148129153268415360
Days Payable341268340644391443455437324364632411
Cash Conversion Cycle-81-120-125-334-191-203-205-198-750-9072
Working Capital Days-131-94-116-109-89-11922-369-120-54
ROCE %5%15%17%26%25%20%14%18%22%23%14%7%
24out of 100

Momentum score · price trend

24 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,937 stocks
Last 12 months−6.9%45%
Last 6 months+18.8%69%
Last 3 months−22.1%7%

The price is 44.4% below its all-time high of ₹1,435.4 (13 Dec 2024). Stocks more than 20% below their peak have their score halved, so 47 became 24.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,937 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For NELCO: 0.4 × 45 + 0.4 × 69 + 0.2 × 7 = 47, halved to 24 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 13 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

NELCO: frequently asked questions

What is NELCO share price today?

NELCO last traded at ₹798.05, with a market capitalisation of ₹1,818 Cr and a P/E ratio of 299.1.

What were NELCO's latest quarterly results?

For the quarter ended Sep 2026, NELCO reported revenue of ₹78 Cr (+5% year on year) and net profit of ₹2 Cr, with an operating margin of 11.59%.

Is NELCO's profit growing?

Net profit was ₹2 Cr in Sep 2026 against ₹2 Cr in Sep 2025, a change of +7%.

What is NELCO's EPS?

NELCO's earnings per share for the quarter ended Sep 2026 was ₹0.76.

What is the promoter holding in NELCO?

Promoters held 50.09% of NELCO in Sep 2026 (unchanged versus Jun 2026).

How much do FIIs and DIIs hold in NELCO?

In Sep 2026, foreign institutional investors held 4.83% and domestic institutions (including mutual funds) held 0.05% of NELCO.

What is NELCO's ROE and ROCE?

NELCO's return on equity is 0.46% and its return on capital employed is 7.21%.

Does NELCO pay a dividend?

Yes. NELCO's dividend yield is 0.14% at the current price. The full payout history is on the NELCO dividends page.

What did NELCO's management say on the latest earnings call?

Arthneeti's analysis of the Q2 FY27 earnings call covers revenue, margins, capex and fundraising guidance from NELCO's management.

How does Arthneeti AI analyse NELCO?

Arthneeti reads NELCO's earnings call transcripts and filings and scores revenue growth, margins, capex and fundraising, then ranks the company against its sector.

Continue your research

What NELCO's management said in earlier quarters