NESCO Ltd // Misc.Commercial Services

Pros:
Company is virtually debt free.
Cons:

Peer Comparison

S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE %
1. Delta Corp 216.65 33.09 5798.43 0.46 41.41 95.98 187.28 45.61 16.22
2. NESCO 453.30 18.64 3193.95 0.51 36.32 -12.88 75.46 16.22 149.59
3. Sindhu Trade 126.20 9.88 648.67 0.00 18.69 26.97 285.75 38.44 61.20
4. Nirlon 188.00 32.83 1694.26 0.40 14.97 -21.46 73.73 2.75 15.97
5. Ganesha Ecosphe. 313.35 18.54 684.02 0.42 10.51 18.76 237.87 23.06 16.35
6. Elcid Investment 5.89 0.00 0.12 250.00 17.13 -21.24 17.32 -21.17 1504.76
7. Mercantile Vent. 8.85 19.69 99.05 0.00 0.78 134.51 1.34 6.35 -0.01

Quarterly Results Standalone Figures in Rs. Crores / View Consolidated

Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018
63 71 72 59 77 90 78 65 83 81 76 75
9 18 23 15 16 25 36 20 24 22 23 29
Operating Profit 54 53 49 44 61 66 42 45 59 59 53 47
OPM % 85.13% 74.41% 68.29% 75.1% 79.71% 72.82% 53.77% 69.66% 71.37% 72.59% 70.08% 62.11%
Other Income 13 6 10 10 14 8 11 12 10 8 6 3
Depreciation 2 2 2 2 2 2 2 2 3 3 3 3
Interest 1 1 1 1 2 1 2 1 1 2 1 1
Profit before tax 64 57 56 51 72 71 49 54 65 62 54 46
Tax 22 18 16 15 24 15 14 12 17 18 12 10
Net Profit 43 39 40 36 48 56 34 42 48 44 43 36

Profit & Loss Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 TTM
66 95 85 102 116 128 143 161 194 261 306 304 314
44 50 46 38 42 38 43 53 56 73 92 88 97
Operating Profit 22 45 40 64 74 90 101 108 138 188 214 216 217
OPM % 32.96% 47.3% 46.53% 62.4% 64.02% 70.42% 70.34% 66.86% 71.14% 72.15% 69.96% 71.01% 69.15%
Other Income 6 11 11 18 28 11 19 20 28 33 43 36 27
Interest 0 1 2 1 1 1 1 0 0 4 5 6 5
Depreciation 2 2 2 2 2 3 6 11 7 7 8 11 12
Profit before tax 26 53 47 78 100 97 114 117 160 211 244 235 227
Tax 7 16 14 23 31 29 32 36 48 67 74 58 56
Net Profit 18 37 33 55 69 67 82 81 112 144 169 177 171
EPS 2.56 5.19 4.63 7.78 9.63 9.46 11.47 11.33 15.62 19.89 24.05 25.08
Dividend Payout % 4.67% 2.31% 2.59% 1.93% 5.13% 6.28% 6.04% 8.69% 8.21% 8.31% 9.15% 9.17%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:15.18%
5 Years:16.18%
3 Years:16.01%
TTM:1.38%
Compounded Profit Growth
10 Years:20.62%
5 Years:16.71%
3 Years:21.94%
TTM:-4.80%
Return on Equity
10 Years:22.14%
5 Years:20.75%
3 Years:21.44%
TTM:19.07%

Balance Sheet Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
7 7 7 7 14 14 14 14 14 14 14 14
Reserves 30 65 97 151 207 270 352 425 519 661 830 995
Borrowings 0 0 17 0 0 0 0 0 0 0 0 0
61 105 112 133 92 97 81 122 143 166 188 170
Total Liabilities 97 178 233 291 314 381 447 561 676 841 1,032 1,179
29 28 32 30 34 44 158 160 159 165 188 229
CWIP 0 4 3 33 79 104 4 5 100 143 262 357
Investments 36 94 111 134 159 210 258 368 384 442 482 499
32 52 88 95 42 23 26 28 33 90 100 95
Total Assets 97 178 233 291 314 381 447 561 676 841 1,032 1,179

Cash Flows Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
24 57 0 43 78 73 55 117 103 137 152 143
-21 -53 -15 -37 -70 -78 -51 -107 -91 -110 -153 -123
-2 0 17 -17 0 0 -6 -8 -11 -25 0 -19
Net Cash Flow 0 4 2 -10 8 -6 -2 2 0 1 -1 2