NELCO logo

NELCO share price

NSE: NELCOBSE: 504112IT - HardwareSmall Cap

NELCO Limited · Formerly National Radio & Electric Co. · Face value ₹10 · Listed Sep 1962 on BSE, May 2003 on NSE
Last close ₹709.90up ₹2.10 (0.30%)BSE ₹708.35

Share price at the NSE close on 28 Oct 2026. Previous close ₹707.80.

28 Oct: open ₹708.00, high ₹719.50, low ₹700.00

52-week range of traded prices to 28 Oct 2026
₹500.10Low, 30 Mar 2026₹1,120.00High, 17 Aug 2026
Market cap
₹1,620 Cr1,275th largest listed
P/E
408.03
P/E without one-offs
241.05
P/B
12.35
Dividend yield
0.14%
ROE
3.1%
ROE without one-offs
5.2%
ROCE
2.6%
Debt to equity
1.88
Volume, NSE
68,480

NELCO share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−16.9%over a year to 27 Oct 2026 · Nifty 500 −8.8%

ResultsTo 27 Oct 2026, 20-session average 1,60,568 shares a day, 39.8% delivered

Results

Consolidated; ₹ crore.NELCO quarterly results

Revenue growth, 12 months
+6.2%
Net profit growth, 12 months
−7.5%

Quarter to Sep 2026, against the quarter before

Revenue
₹78 Crdown 2.36%
Net profit
₹1.73 Crdown 26.07%
Net margin
2.2%

Revenue by quarter

₹81 CrDec 24₹68 CrMar 25₹75 CrJun 25₹74 CrSep 25₹78 CrDec 25₹79 CrMar 26₹80 CrJun 26₹78 CrSep 26
Peak revenue ₹81 Cr, quarter to Dec 2024; lowest ₹68 Cr, quarter to Mar 2025

Net profit by quarter, a loss in red

  • Net profit
  • Loss
₹4.95 CrDec 24−₹4.08 CrMar 25₹1.80 CrJun 25₹1.62 CrSep 25−₹1.19 CrDec 25₹1.09 CrMar 26₹2.34 CrJun 26₹1.73 CrSep 26
A loss in 2 of the 8 quarters shown
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue80.767.574.874.378.379.280.078.1
Net profit5.0−4.11.81.6−1.21.12.31.7
Net margin6.1%−6.0%2.4%2.2%−1.5%1.4%2.9%2.2%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Networking systems, which carries all its revenue.

Valuation

Today, against the company's own history.NELCO PE ratio and valuation

Price to earnings

At or below today's level on 91% of 2,416 trading days over the last 10 years.

LowestHighest
Its median70.01Industry median17.41
Price to book

At or below today's level on 36% of 1,986 trading days since Oct 2018.

LowestHighest
Its median14.65Industry median2.08
Dividend yield

At or below today's level on 38% of 2,450 trading days over the last 10 years.

LowestHighest
Its median0.19%Industry median1.33%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−43.6%−65.3%+62.1%0.2%
3 years−0.5%−45.0%+80.4%0.2%
5 years+22.1%−23.2%+58.6%0.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026. Foreign institutions include 3.80% held as foreign direct investment: a stake taken in the company directly, such as a foreign parent's, not bought by portfolio investors.NELCO shareholding pattern

Shareholding by group

  • Promoters50.09%
  • Foreign institutions4.83%
  • Indian institutions0.05%
  • Governments0.25%
  • Individuals and others44.78%
Holder
The Tata Power Company LimitedPromoter50.04%
Schlumberger LimitedForeign direct investment3.80%
Investor Education and Protection Fund Authority Ministry of Corporate AffairsInvestor education fund1.28%
Aftaab Investment Company LimitedPromoter0.04%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −0.79 pts, Indian institutions −0.01 pts.

Mutual fund holdings

1 fund disclosed a holding for Sep 2026. No fund changed its holding in Sep 2026. 1 fund filed its first portfolio on record, holding it.

Fund
Mirae Asset Mutual Fund logoMirae Asset BSE Information Technology Index FundMirae Asset Mutual Fund890.08%₹81,000
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

NELCO competitors and peers

Computers Hardware & Equipments, 28 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to NELCO in market cap.IT companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
GNG Electronics logoGNG ElectronicsEBGNG8,24657.9010.88––18.8%17.3%0.00%
Rashi Peripherals logoRashi PeripheralsRPTECH5,34816.762.64+40.4%+49.0%16.9%16.3%0.25%
Moschip Technologies logoMoschip TechnologiesMOSCHIP3,358124.928.22+8.4%−33.4%7.3%7.3%0.00%
D-Link (India) logoD-Link (India)DLINKINDIA1,47513.752.92+20.5%+2.2%21.9%25.7%8.07%
Ivalue Infosolutions logoIvalue InfosolutionsIVALUE1,17311.312.07––18.3%22.0%0.00%
Control Print logoControl PrintCONTROLPR92723.722.05+10.9%−59.8%9.0%14.7%1.73%
Bharat Global Developers logoBharat Global DevelopersBGDL790–4.15−99.0%––−1.2%0.00%
TVS Electronics logoTVS ElectronicsTVSELECT687–7.16+11.7%–−1.9%0.1%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.NELCO dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 17Mar 181.5Mar 191.2Mar 201.2Mar 211.8Mar 222Mar 232.2Mar 241Mar 251Mar 26
Highest ₹2.20 a share, year to Mar 2024.
Ex-dateTypePer share
9 Jun 2026Final₹1.00
9 Jun 2025Final₹1.00
10 Jun 2024Final₹2.20
6 Jun 2023Final₹2.00
21 Jun 2022Final₹1.80
7 Jun 2021Final₹1.20
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.NELCO announcements

NELCO share price by year

Each calendar year to 2025.NELCO share price history

YearClose at year endChangeHighest closeLowest close
2025729.50−42.2%1,377.90714.75
20241,262.25+58.9%1,463.90692.55
2023794.40+11.6%860.10488.90
2022711.90−1.4%1,038.75522.25
2021722.35+268.5%960.10179.90
2020196.05−18.7%255.65121.30
2019241.25−3.9%330.25208.70
2018251.10+105.7%359.45107.70
2017122.05+57.0%136.6576.65
201677.75−37.5%126.2569.55
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026704.90731.00700.65707.80715.481,00,98938.7%
26 Oct 2026704.25716.85687.15700.65705.211,70,80248.9%
23 Oct 2026737.00742.00686.30692.55698.732,84,91353.5%
22 Oct 2026751.25769.95732.50736.90750.771,20,59036.6%
21 Oct 2026804.90809.50745.05751.25763.461,72,10143.6%
19 Oct 2026824.00830.50675.10788.45796.411,26,47933.1%
16 Oct 2026832.00837.90821.00824.55828.3796,09038.5%
15 Oct 2026848.50854.45829.00831.40841.5799,08346.4%
14 Oct 2026850.00860.00839.05844.40848.1562,37339.8%
Prices in ₹ per share as traded, not adjusted.

Company details

Chairperson
Amur Swaminathan Lakshminarayanan
At the end of the quarter to Sep 2026
Managing director and CEO
Pradip Jyoti Nath
At the end of the quarter to Sep 2026
NSE symbol
NELCO
BSE code
504112
ISIN
INE045B01015
Industry
IT - Hardware
CIN
L32200MH1940PLC003164
Corporate identity number, the registrar of companies' code for it
Incorporated
1940
Registered office
Plot No. EL 6, MIDC, TTC Industrial Area, Electronics Zone, Mahape, Navi Mumbai 400710, Maharashtra
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments