NESCO Ltd
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)
- Market Cap ₹ 8,206 Cr.
- Current Price ₹ 1,165
- High / Low ₹ 1,180 / 834
- Stock P/E 21.9
- Book Value ₹ 373
- Dividend Yield 0.56 %
- ROCE 20.4 %
- ROE 15.2 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- Working capital days have increased from 27.3 days to 100 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
161 | 194 | 261 | 306 | 304 | 360 | 432 | 291 | 337 | 546 | 678 | 732 | |
51 | 56 | 73 | 92 | 88 | 128 | 153 | 105 | 117 | 178 | 252 | 294 | |
Operating Profit | 110 | 138 | 189 | 214 | 216 | 233 | 278 | 186 | 221 | 368 | 426 | 438 |
OPM % | 68% | 71% | 72% | 70% | 71% | 65% | 64% | 64% | 65% | 67% | 63% | 60% |
18 | 28 | 33 | 43 | 36 | 32 | 42 | 65 | 43 | 44 | 105 | 114 | |
Interest | 0 | 0 | 4 | 5 | 6 | 5 | 6 | 8 | 9 | 12 | 14 | 12 |
Depreciation | 11 | 7 | 7 | 8 | 11 | 12 | 22 | 26 | 28 | 33 | 54 | 50 |
Profit before tax | 117 | 160 | 211 | 244 | 235 | 248 | 292 | 216 | 227 | 367 | 463 | 489 |
Tax % | 31% | 30% | 32% | 30% | 25% | 27% | 20% | 20% | 16% | 21% | 22% | 23% |
81 | 112 | 144 | 169 | 177 | 180 | 234 | 172 | 189 | 291 | 363 | 375 | |
EPS in Rs | 11.49 | 15.83 | 20.45 | 24.03 | 25.08 | 25.57 | 33.18 | 24.48 | 26.85 | 41.25 | 51.49 | 53.25 |
Dividend Payout % | 9% | 8% | 8% | 9% | 9% | 10% | 9% | 12% | 11% | 11% | 12% | 12% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 11% |
3 Years: | 29% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 10% |
3 Years: | 25% |
TTM: | 3% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 22% |
3 Years: | 28% |
1 Year: | 22% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 15% |
3 Years: | 16% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
Reserves | 425 | 526 | 667 | 837 | 995 | 1,154 | 1,341 | 1,512 | 1,681 | 1,950 | 2,282 | 2,615 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | |
122 | 137 | 159 | 181 | 170 | 178 | 252 | 293 | 273 | 298 | 354 | 385 | |
Total Liabilities | 561 | 676 | 840 | 1,032 | 1,179 | 1,346 | 1,607 | 1,819 | 1,969 | 2,263 | 2,650 | 3,016 |
160 | 159 | 165 | 188 | 229 | 213 | 776 | 759 | 846 | 804 | 757 | 916 | |
CWIP | 5 | 100 | 143 | 262 | 357 | 509 | 2 | 51 | 82 | 86 | 162 | 753 |
Investments | 368 | 384 | 442 | 482 | 499 | 531 | 672 | 810 | 847 | 1,161 | 1,494 | 1,136 |
28 | 33 | 90 | 99 | 94 | 93 | 157 | 199 | 194 | 212 | 237 | 211 | |
Total Assets | 561 | 676 | 840 | 1,032 | 1,179 | 1,346 | 1,607 | 1,819 | 1,969 | 2,263 | 2,650 | 3,016 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
117 | 103 | 137 | 152 | 143 | 171 | 208 | 139 | 164 | 297 | 376 | 349 | |
-107 | -91 | -110 | -153 | -123 | -155 | -157 | -142 | -142 | -266 | -333 | -315 | |
-8 | -11 | -25 | -0 | -19 | -20 | -47 | -0 | -21 | -24 | -33 | -42 | |
Net Cash Flow | 2 | 0 | 1 | -1 | 2 | -3 | 4 | -3 | 1 | 8 | 10 | -8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 25 | 20 | 20 | 13 | 16 | 18 | 14 | 37 | 20 | 15 | 7 | 8 |
Inventory Days | 184 | 313 | 139 | 158 | 107 | 119 | 83 | 56 | ||||
Days Payable | 312 | 519 | 166 | 227 | 125 | 147 | 93 | 63 | ||||
Cash Conversion Cycle | -102 | 20 | 20 | -193 | 16 | -8 | 14 | -32 | 2 | -12 | -4 | 0 |
Working Capital Days | -55 | -39 | -18 | -23 | -112 | -53 | -37 | -55 | 2 | 3 | -21 | 100 |
ROCE % | 25% | 29% | 35% | 32% | 26% | 23% | 24% | 16% | 15% | 22% | 22% | 20% |
Documents
Announcements
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Board Meeting Outcome for Intimation Under Regulation 30 Of SEBI LODR
3h - Nesco approves Rs. 3,500 Cr capex for Tower 2 development over six years at Goregaon IT Park.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
25 Jun - Copy of Newspaper Publication regarding Notice issued for attention of the shareholders in respect of information regarding 66th Annual General Meeting of Nesco Limited scheduled …
- Closure of Trading Window 19 Jun
- Announcement under Regulation 30 (LODR)-Newspaper Publication 23 May
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
21 May - Nesco to participate in Nirmal Bang investor meet on 27 May 2025, no sensitive info to be shared.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Segments
1. IT Parks Division (41% in FY24 vs 45% in FY20): [1] The company’s flagship Nesco IT Park offers premium office spaces lincensed to multinational companies like HSBC, KPMG, PWC, MSCI, BlackRock, Here Solution, Framestore, etc. Its towers 3 and 4 span 62,315 sq. mt and 1,04,515 sq. mt, respectively, with 24 floors and 83 leasable units. It has an occupancy rate of over 98%. The segment revenue grew by 49% between FY20 and FY24. [2] [3] [4]