💡 Did you know?
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Nelco Limited is an India-based company. The Company is engaged in the business of providing systems and solutions in the areas of very small aperture terminal (VSAT) connectivity and integrated security and surveillance solutions. The Company operates in one reportable…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, priced for perfection — but flagged on governance.
Nelco is scored on the it / services framework. It keeps a thin 1.1% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 4.60× reported profit. Free cash flow is worth about -0.3% of its market value.
Over the last 3 years revenue compounded at -1%/yr and profit at -45%/yr. Book value has grown 7%/yr. Return on equity is a weak 4.6%. In the latest quarter profit grew 115% versus the prior quarter.
At 466× earnings, the stock sits at the 96th percentile of its own 3.2-year range — the expensive end of where it has historically traded. Today's price already implies ~53%/yr earnings growth sustained for a decade — a demanding bar. The forensic screen raises a red flag: 95% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 418.71 | — | — |
| P/B | 12.68 | 2.35 | worse |
| EV/EBITDA | 57.87 | 37.28 | worse |
| ROE | 4.63 | 5.38 | worse |
| ROCE | 4 | — | — |
| ROA | 0.73 | — | — |
| Quick Ratio | 0.7 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Indus Towers | 14.2 | 2.5 | 18.0% |
| HFCL | 34.7 | 5.7 | 15.4% |
| Tejas Networks | -9.1 | 2.9 | -32.3% |
Negative CAGR — the top line has shrunk over this window.
Revenue is outpacing profit (-1% vs -45%) — costs are rising faster than the top line. The latest year saw a -65% swing — check if it's a one-off or structural.
Operating margin has compressed from 9% to 1% — costs or competition are eating into profitability. Interest or tax burden is shrinking — more of the operating profit is reaching the bottom line.
ROE at 3% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 16pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -45% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 4.6× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Low quarterly variance (7% spread) — a predictable, non-seasonal revenue stream.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit jumped 115% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.2y median.
Promoter holding at 50.1% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.