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 ₹ 9,624 Cr.
- Current Price ₹ 1,366
- High / Low ₹ 1,431 / 842
- Stock P/E 24.7
- Book Value ₹ 373
- Dividend Yield 0.48 %
- ROCE 21.1 %
- ROE 15.8 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
160 | 195 | 263 | 311 | 321 | 361 | 432 | 291 | 337 | 546 | 678 | 732 | |
50 | 56 | 75 | 97 | 103 | 128 | 154 | 105 | 117 | 179 | 252 | 294 | |
Operating Profit | 110 | 138 | 189 | 215 | 218 | 233 | 278 | 186 | 220 | 367 | 426 | 438 |
OPM % | 69% | 71% | 72% | 69% | 68% | 64% | 64% | 64% | 65% | 67% | 63% | 60% |
18 | 28 | 33 | 43 | 36 | 32 | 43 | 65 | 44 | 45 | 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 | 238 | 248 | 292 | 216 | 226 | 367 | 463 | 489 |
Tax % | 31% | 30% | 32% | 30% | 25% | 27% | 20% | 20% | 16% | 21% | 22% | 23% |
81 | 112 | 144 | 170 | 179 | 180 | 234 | 172 | 189 | 291 | 363 | 375 | |
EPS in Rs | 11.49 | 15.82 | 20.45 | 24.11 | 25.36 | 25.61 | 33.19 | 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: | 15% |
5 Years: | 11% |
3 Years: | 26% |
TTM: | 7% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 25% |
3 Years: | 34% |
1 Year: | 51% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 15% |
3 Years: | 17% |
Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 525 | 667 | 837 | 997 | 1,156 | 1,343 | 1,515 | 1,684 | 1,950 | 2,282 | 2,615 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | |
122 | 137 | 159 | 182 | 172 | 178 | 252 | 293 | 273 | 298 | 354 | 385 | |
Total Liabilities | 561 | 676 | 841 | 1,033 | 1,183 | 1,349 | 1,610 | 1,822 | 1,972 | 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 | 846 | 1,161 | 1,494 | 1,135 |
28 | 33 | 90 | 101 | 99 | 96 | 160 | 202 | 197 | 212 | 237 | 211 | |
Total Assets | 561 | 676 | 841 | 1,033 | 1,183 | 1,349 | 1,610 | 1,822 | 1,972 | 2,263 | 2,650 | 3,016 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
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 | 153 | 146 | 171 | 208 | 130 | 163 | 297 | 377 | 349 | |
-107 | -91 | -110 | -153 | -123 | -155 | -157 | -133 | -142 | -268 | -334 | -315 | |
-8 | -11 | -25 | -0 | -19 | -20 | -47 | -0 | -21 | -24 | -33 | -42 | |
Net Cash Flow | 2 | 1 | 1 | -0 | 4 | -4 | 4 | -3 | 0 | 5 | 10 | -8 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 26 | 20 | 20 | 14 | 16 | 18 | 14 | 37 | 20 | 15 | 7 | 8 |
Inventory Days | 184 | 271 | 248 | 138 | 159 | 107 | 119 | 83 | 56 | |||
Days Payable | 312 | 463 | 187 | 164 | 227 | 126 | 147 | 93 | 63 | |||
Cash Conversion Cycle | -102 | 20 | 20 | -178 | 76 | -8 | 14 | -31 | 1 | -12 | -4 | 0 |
Working Capital Days | -56 | -39 | -18 | -23 | -107 | -54 | -37 | -56 | 2 | 2 | -21 | -23 |
ROCE % | 29% | 35% | 33% | 26% | 23% | 24% | 16% | 15% | 22% | 22% | 21% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
2d - Nesco received BMC notice for Rs.2.59 crore penalty on property tax, denied demand, seeking clarifications.
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Transcript Of The 66Th Annual General Meeting
6 Aug - Nesco reports 8% revenue growth to Rs.845 Cr, 325% dividend, new highway tenders, and 100% occupancy in Towers 3 and 4.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 31 Jul
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 31 Jul
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Shareholder Meeting / Postal Ballot-Outcome of AGM
30 Jul - Nesco Limited held 66th AGM; approved financials, dividend, director re-appointment, and auditor appointments.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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
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Financial Year 2012
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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]