Nesco Ltd.
NSE: NESCO · Diversified Commercial Services · sector
₹950.90NSE close 2026-10-26
Key numbers
Market cap₹6,699 cr
Price₹950.90
52w high / low₹1,413 / ₹951
P/E16.1xSector median 13.0x
P/B2.2xSector median 1.6x
Book value₹425.3
Dividend yield0.69%Sector median 1.73%
ROE14.8%Sector median 3.4%
ROCE18.3%Sector median 8.1%
OPM50.8%Sector median 15.0%
Debt / equity0.00xSector median 0.07x
EV/EBITDA13.1xSector median 7.9x
Interest cover19.1x
Current ratio2.63x
Sales growth 3y+19.5%Sector median +12.9%
Profit growth 3y+12.4%Sector median +19.1%
PEG1.29x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 95 companies in Diversified Commercial Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹384 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 19.1x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY25, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 28% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹950.90 on 2026-10-26: -32.7% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,578.10 · low ₹886.25
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 192 | 207 | 192 | 193 | 239 | 248 | 252 | 212 |
| EBITDA | 120 | 125 | 107 | 110 | 136 | 126 | 118 | 102 |
| OPM % | 62.2% | 60.7% | 55.6% | 57.1% | 56.9% | 50.8% | 46.9% | 48.3% |
| Other income | 33 | 31 | 20 | 28 | 24 | 27 | 21 | 44 |
| Net profit | 107 | 110 | 89 | 96 | 119 | 105 | 93 | 100 |
| EPS (₹) | 15.17 | 15.60 | 12.58 | 13.64 | 16.88 | 14.85 | 13.21 | 14.19 |
| Revenue YoY | +24.5% | +20.0% | +31.0% | +9.5% | ||||
| Profit YoY | +11.3% | -4.8% | +5.0% | +4.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 337 | 546 | 678 | 732 | 932 | 951 |
| EBITDA | 219 | 349 | 426 | 438 | 490 | 482 |
| Net profit | 189 | 291 | 363 | 375 | 413 | 417 |
| EPS (₹) | 26.85 | 41.25 | 51.49 | 53.25 | 58.58 | 59.13 |
| Revenue growth | +61.8% | +24.2% | +7.9% | +27.3% | +21.2% | |
| Profit growth | +53.6% | +24.8% | +3.4% | +10.0% | +3.7% | |
| Dividend / share (₹) | 3.00 | 3.00 | 4.50 | 6.00 | 6.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +19.5% | +26.2% | +21.2% |
| Net profit | +12.4% | +19.1% | +3.7% |
| EPS | +12.4% | +19.1% | – |
| Share price | – | +4.4% (2y) | -27.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,965 | 2,297 | 2,629 | 2,996 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 411 | 358 | 266 | 384 |
| Total assets | – | 2,263 | 2,650 | 3,016 | 3,689 |
| Fixed assets | – | 150 | 119 | 298 | 577 |
| Capital work in progress | – | 85 | 162 | 753 | 763 |
| Investments | – | 767 | 1,164 | 888 | 1,161 |
| Receivables | – | 23 | 12 | 16 | 19 |
| Inventory | – | 12 | 14 | 10 | 13 |
| Payables | – | 14 | 15 | 12 | 15 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 163 | 297 | 376 | 349 | 388 |
| Cash from investing | -142 | -265 | -333 | -315 | -610 |
| Cash from financing | -21 | -24 | -33 | -42 | 222 |
| Capex | 0 | 9 | 101 | 784 | 322 |
| Free cash flow | 163 | 288 | 274 | -436 | 66 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 14.8% | 15.8% | 14.3% | 13.8% |
| ROCE % | – | 19.3% | 20.8% | 19.1% | 18.0% |
| Debtor days | – | 15 | 7 | 8 | 8 |
| Inventory days | – | 119 | 83 | 56 | 36 |
| Payable days | – | 147 | 93 | 63 | 43 |
| Cash conversion cycle (days) | – | -13 | -3 | 1 | 1 |
| Working capital days | – | 277 | 172 | 110 | 127 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 68.54% |
| FIIs | 4.19% |
| DIIs | 4.27% |
| of which Mutual funds | 3.19% |
| of which Insurance | 0.14% |
| Public (non-institutions) | 23.00% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 68.54% | 68.54% | 68.54% | 68.54% | 68.54% | 68.54% | 68.54% | 68.54% |
| Promoter group | % |
|---|---|
| Chandler & Price (I) PVT Ltd | 27.80% |
| Sudha Sumant Patel | 12.79% |
| Krishna Sumant Patel | 8.05% |
| Patel Consultancy Services Private Limited | 7.61% |
| Engineering Global PTE Limited | 6.35% |
| S J Patel HUF | 4.49% |
| Aarav Krishna Patel | 1.46% |
| Public holders above 1% | % |
|---|---|
| Investor Education and Protection Fund Authority Ministry of Corporate Affairs | 1.71% |
| HSBC Mutual Fund - HSBC Multi CAP Fund | 1.33% |
45,747 shareholders. Pledged: 0.00% of promoter shares.
Peers in Diversified Commercial Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| IGIL | ₹16,651 cr | 25.0x | 9.5x | 44.5% | 51.7% | 61.5% | – | 1.93% |
| WEWORK | ₹8,640 cr | 99.1x | 29.0x | 28.3% | 111.2% | 64.6% | – | – |
| IBULLSLTD | ₹6,919 cr | – | 1.1x | -0.4% | – | – | +918.1% | – |
| NESCO | ₹6,699 cr | 16.1x | 2.2x | 14.8% | 18.3% | 50.8% | +19.5% | 0.69% |
| NIRLON | ₹5,679 cr | 15.9x | 12.1x | 86.5% | 29.8% | 77.5% | +5.3% | 4.12% |
| RENTOMOJO | ₹5,292 cr | – | – | – | – | – | – | – |
| LEAPIND | ₹5,209 cr | – | – | – | – | – | – | – |
| SMARTWORKS | ₹5,085 cr | 182.4x | 9.6x | 5.2% | 56.6% | 64.2% | – | – |
| QUESS | ₹4,827 cr | 19.1x | 4.1x | 22.4% | 27.2% | 2.0% | -3.7% | – |
| INOXGREEN | ₹4,367 cr | 35.0x | 2.6x | 6.6% | 10.5% | 9.9% | +3.4% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Realty | ₹398 cr | 38.6% | ₹332 cr | 83.4% |
| Bombay Exhibition Center | ₹260 cr | 25.2% | ₹133 cr | 51.2% |
| Foods | ₹238 cr | 23.1% | ₹26 cr | 10.8% |
| Income from Investment/ Other Income | ₹100 cr | 9.6% | ₹0 cr | 0.0% |
| Indabrator | ₹36 cr | 3.5% | ₹3 cr | 7.4% |
| way side amenities | ₹0 cr | – | ₹-5 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-20 | Dividend | Dividend - Rs 7 Per Share |
| 2025-07-23 | Dividend | Annual General Meeting/Dividend - Rs 6.50 Per Share |
| 2024-07-26 | Dividend | Dividend - Rs 6 Per Share |
| 2023-07-28 | Dividend | Annual General Meeting/Dividend - Rs 4.50 Per Share |
| 2022-07-28 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2021-08-02 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2020-08-05 | Other | Annual General Meeting |
| 2020-03-18 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2019-07-26 | Dividend | Annual General Meeting/Dividend - Rs 2.50 Per Share |
| 2018-07-31 | Dividend | Annual General Meeting/Dividend- Rs 2.30 Per Share |
| 2017-09-15 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share |
| 2017-08-04 | Dividend | Annual General Meeting/Dividend - Rs 11/- Per Share |
| 2016-08-03 | Other | Annual General Meeting |
| 2016-03-28 | Dividend | Interim Dividend - Rs 8.50/- Per Share (Purpose Revised) |
| 2015-07-23 | Dividend | Annual General Meeting/Dividend - Rs 6.50 Per Share |
| 2014-08-11 | Dividend | Annual General Meeting / Dividend - Rs 5/- Per Share (Book Closure Dates Revised) |
| 2013-07-26 | Dividend | Annual General Meeting / Dividend Rs.3.50/- Per Equity Share |
| 2012-07-31 | Dividend | Annual General Meeting And Dividend - Rs.3/- Per Share |
| 2011-08-03 | Dividend | Annual General Meeting And Dividend Rs.2.50 Per Share |
| 2010-08-31 | Dividend | Annual General Meeting And Dividend Rs.1.50 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Realty - IT Park: To build a private IT park and to provide space on a license basis
- Exhibition and Events - Bombay Exhibition Center and MICE: To provide space for trade fairs, events, exhibitions, conventions and conferences
- Hospitality - Nesco Foods: To carry on the business of Kitchens, Food Courts, Food Kiosks, Mass Catering, etc
- Engineering goods and services - Indabrator: Manufacture of machinery, equipment and capital goods in the surface preparation and allied segments
| Sector | Services |
| Industry | Diversified Commercial Services |
| Sub-industry | Diversified Commercial Services |
| Symbol | NESCO |
| BSE code | 505355 |
| ISIN | INE317F01035 |
| Face value | ₹2.0 |
| Incorporated | 1946-04-15 |
| Website | www.nesco.in |
| Plants (India / abroad) | 2 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.