Arthneeti

NESCO Q2 FY27 Share Price & Earnings Call Analysis

₹1,036.95+0.73% today
Market cap
₹7,306 Cr
P/E
18.14
ROE
14.84%
PEG
1.67
Price to sales
7.78
Debt to equity
0.03
52W high / low
₹1,356 / ₹951
Sales growth (5Y)
26.21%
EBITDA margin
50.45%
Net profit margin
44.78%
Promoter holding
68.54%
Sales (last year)
₹940 Cr

NESCO is engaged in the businesses of Licencing premises in IT park buildings and providing related services, licencing premises for exhibitions and providing services to the organisers, manufacturing of machines and capital equipment, and providing hospitality and catering services.(Source : 202003 Annual Report Page No:74)

Guidance scorecard · Q2 FY27 call

What NESCO's management guided
and where it ranks in Commercial Services & Supplies

#28of 36 in
Commercial Services & Supplies
Revenue10–20%MarginsFlatCapexPlannedFundraisingNone plannedOrder bookWhat management said

RevenueQ1 FY27 call

10–20%
  • The Company's vision for the next 5 to 6 years focuses on enhancing and maximizing growth in the right direction.
  • Growth plans include increasing both top line (sales/revenue) and bottom line (profit).
  • Consideration is being given to potential diversification opportunities.
  • Realty division's Tower 2 and hotel integrated project expected to start simultaneously, indicating upcoming revenue streams.
  • Continued stable revenues from office space with Towers 3 and 4 at 100% occupancy.
  • Exhibition and Events division growing strongly with over 135 events hosted, showing a 30% revenue growth last year.
  • Foods division doubled revenue with 107% growth, signaling strong volume and sales increases.

2 more points from NESCO's call on revenue

Create a free account to keep reading this call

Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what NESCO said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • Most capex funding plans are expected to be met through internal accruals; debt may be considered only as a last-mile top-up if needed.
  • Project costs of about ₹1.25 to ₹1.5 crores will be charged to P&L in June 2026.
  • CWIP as on 31 March 2026 totaled ₹763 crores, with ₹740 crores in realty projects, ₹16 crores in BEC, and ₹7 crores in others.
  • The Board is considering proposed expansions and operating plans carefully, with no current decision on issuing a bonus.
  • Future capex and expansion plans are aligned with growth, with a focus on internal accrual utilization.

2 more points from NESCO's call on capex

Create a free account to keep reading this call

Full Q1 FY27 analysis

FundraisingQ1 FY27 call

None planned

See what NESCO said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Ask what NESCO said on the order book →

Full Q1 FY27 analysis
Full Commercial Services & Supplies ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Commercial Services & Supplies
on management's own guidance

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

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

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

Peers

Commercial Services & Supplies companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹2,211 Cr145.7
240%+Up 2%+₹39 Cr6.2
340%+Flat₹500 Cr36.0
440%+Flat₹102 Cr10.4
520–40%Up 2%+₹3,079 Cr36.3
620–40%Up 0–2%₹44 Cr3.9

Sign up free to see every company in the sector ranking and track NESCO.

Pro shows every company guiding 40%+ revenue growth →Full Commercial Services & Supplies ranking

Financials of NESCO

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

Shareholder Pattern

NESCO

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +68.54%68.54%68.54%68.54%68.54%68.54%68.54%68.54%68.54%68.54%68.54%68.54%
FIIs +3.02%3.50%3.87%3.95%4.91%4.90%4.89%4.89%4.65%4.63%4.32%4.19%
DIIs +4.14%3.99%3.89%4.06%3.36%3.19%3.06%3.97%3.78%3.84%4.12%4.26%
Public +24.29%23.97%23.70%23.45%23.18%23.38%23.52%22.60%23.02%22.99%23.03%23.00%
No. of Shareholders45,87146,79645,04744,22243,44843,89743,33644,93847,25446,13046,38145,747

Financials of NESCO

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +175178189141192207192193239248252212228
Expenses +6664725573818583103122134109101
Operating Profit10911411786120125107110136126118102128
OPM %62%64%62%61%62%61%56%57%57%51%47%48%56%
Other Income +23273130333120282427214424
Interest5603621458876
Depreciation14141212121313111213141211
Profit before tax112121136100135142112124143132116127136
Tax %22%23%23%31%21%22%21%22%17%21%20%21%23%
Net Profit +889410570107110899611910593100105
EPS in Rs12.4613.3114.929.9015.1715.6012.5813.6416.8814.8513.2114.1914.93

Financials of NESCO

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +195263311321361432291337546678732932940
Expenses +567597103128154105117179252294442466
Operating Profit138189215218233278186220367426438490474
OPM %71%72%69%68%64%64%64%65%67%63%60%53%50%
Other Income +283343363243654445105114100115
Interest045656891214122529
Depreciation77811122226283354504949
Profit before tax160211244238248292216226367463489516511
Tax %30%32%30%25%27%20%20%16%21%22%23%20%
Net Profit +112144170179180234172189291363375413403
EPS in Rs15.8220.4524.1125.3625.6133.1924.4826.8541.2551.4953.2558.5857.18
Dividend Payout %8%8%9%9%10%9%12%11%11%12%12%12%

Financials of NESCO

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital14141414141414141414141414
Reserves5256678379971,1561,3431,5151,6841,9502,2822,6152,9823,138
Borrowings +0000000100127293
Other Liabilities +137159182172178252293273298354385421466
Total Liabilities6768411,0331,1831,3491,6101,8221,9722,2632,6503,0163,6893,711
Fixed Assets +1591651882292137767598468047579161,175978
CWIP1001432623575092518286162753763814
Investments3844424824995316728108461,1611,4941,1351,5201,653
Other Assets +33901019996160202197212237211231265
Total Assets6768411,0331,1831,3491,6101,8221,9722,2632,6503,0163,6893,711

Financials of NESCO

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +103137153146171208130163297377349388
Cash from Investing Activity +-91-110-153-123-155-157-133-142-268-334-315-610
Cash from Financing Activity +-11-25-0-19-20-47-0-21-24-33-42222
Net Cash Flow11-04-44-30510-80
Free Cash Flow137-39211517214284272-43566
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit109%105%103%93%106%95%89%94%101%113%107%101%

Financials of NESCO

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days202014161814372015788
Inventory Days271248138159107119835636
Days Payable463187164227126147936343
Cash Conversion Cycle2020-17876-814-311-12-401
Working Capital Days-39-18-23-107-54-37-5622-21-23-23
ROCE %29%35%33%26%23%24%16%15%22%22%21%19%

Guidance history

How NESCO's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →10–20%FlatPlannedNone planned—
Q1 FY26 call →10–20%FlatPlannedNone planned—

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

16out of 100

Momentum score · price trend

16 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 1,910 stocks
Last 12 months−24.8%29%
Last 6 months−19.9%20%
Last 3 months−4.1%60%

The price is 34.8% below its all-time high of ₹1,578.1 (11 Sept 2025). Stocks more than 20% below their peak have their score halved, so 32 became 16.

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 (1,910 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 NESCO: 0.4 × 29 + 0.4 × 20 + 0.2 × 60 = 32, halved to 16 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 2 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.

Continue your research

What NESCO's management said in earlier quarters

Others in Commercial Services & Supplies this season

  • Indiqube Spaces Ltd (Q2 FY27)

    Q2 FY27 revenue from operations: ₹472 crore, up 34% YoY (₹350 crore in Q2 FY26) [Page 29, 9] . Key investor presentation takeaways from Indiqube Spaces Ltd's Q2

  • EFC (I) (Q2 FY27)

    Q2 FY27 Revenue from Operations: ₹332.0 crore, up 30% year-on-year (Page 6, 36). Key investor presentation takeaways from EFC (I) Ltd's Q2 FY27 investor present

  • Goyal Aluminiums (Q2 FY27)

    Capex: INR 97 crore (approximate). Key results statement takeaways from Goyal Aluminiums Ltd's Q2 FY27 results statement — and how it ranks against sector peers

  • Transwind Infrastructures (Q2 FY27)

    776.92 lakhs (~68.2% growth). Key results statement takeaways from Transwind Infrastructures Ltd's Q2 FY27 results statement — and how it ranks against sector p

Compare:vs Redingtonvs Firstsource Solutionsvs International Gemological Institute Limited