NELCO Limited
Nelco Limited provides solutions in the areas of very small aperture terminals (VSAT) connectivity, satellite communication (Satcom) projects, and integrated security and surveillance solutions in India. The company offers VSAT satellite communication services for bank atm, bank branches, renewable energy, enterprise, and maritime and aero, as well as oil, energy, and gas areas; installation and … Read more
NELCO Limited (NELCO) - Net Assets
Latest net assets as of September 2025: ₹1.29 Billion INR
Based on the latest financial reports, NELCO Limited (NELCO) has net assets worth ₹1.29 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹3.09 Billion) and total liabilities (₹1.81 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹1.29 Billion |
| % of Total Assets | 41.54% |
| Annual Growth Rate | 6.04% |
| 5-Year Change | 68.78% |
| 10-Year Change | 706.94% |
| Growth Volatility | 60.02 |
NELCO Limited - Net Assets Trend (2003–2025)
This chart illustrates how NELCO Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NELCO Limited (2003–2025)
The table below shows the annual net assets of NELCO Limited from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹1.28 Billion | +3.50% |
| 2024-03-31 | ₹1.24 Billion | +18.20% |
| 2023-03-31 | ₹1.05 Billion | +17.41% |
| 2022-03-31 | ₹890.50 Million | +17.51% |
| 2021-03-31 | ₹757.80 Million | +15.01% |
| 2020-03-31 | ₹658.90 Million | +18.00% |
| 2019-03-31 | ₹558.40 Million | +65.35% |
| 2018-03-31 | ₹337.70 Million | +54.41% |
| 2017-03-31 | ₹218.70 Million | +37.98% |
| 2016-03-31 | ₹158.50 Million | +111.62% |
| 2015-03-31 | ₹74.90 Million | -55.68% |
| 2014-03-31 | ₹169.02 Million | +6.25% |
| 2013-03-31 | ₹159.08 Million | -51.10% |
| 2012-03-31 | ₹325.34 Million | -0.91% |
| 2011-03-31 | ₹328.31 Million | -32.12% |
| 2010-03-31 | ₹483.66 Million | +54.52% |
| 2009-03-31 | ₹313.01 Million | +1.54% |
| 2008-03-31 | ₹308.25 Million | -35.89% |
| 2007-03-31 | ₹480.83 Million | +215.54% |
| 2005-03-31 | ₹152.38 Million | +3.14% |
| 2004-03-31 | ₹147.74 Million | -58.00% |
| 2003-03-31 | ₹351.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NELCO Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 102400000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹1.02 Billion | 80.06% |
| Common Stock | ₹228.20 Million | 17.84% |
| Other Comprehensive Income | ₹26.80 Million | 2.10% |
| Total Equity | ₹1.28 Billion | 100.00% |
NELCO Limited Competitors by Market Cap
The table below lists competitors of NELCO Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Roo Hsing Co Ltd
TW:4414
|
$65.02 Million |
|
SAI SILKS (KALAMANDIR) LIMITED
NSE:KALAMANDIR
|
$65.06 Million |
|
Pacific Lime and Cement Limited
AU:PLA
|
$65.06 Million |
|
TQM CORPORATION
BK:TQM-R
|
$65.07 Million |
|
KWG Group Holdings Limited
PINK:KWGPF
|
$64.96 Million |
|
Bathurst Resources Limited
PINK:BTURF
|
$64.95 Million |
|
Microprogram Information Co.,Ltd
TW:7721
|
$64.95 Million |
|
Neo Battery Materials Ltd
OTCQB:NBMFF
|
$64.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NELCO Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,235,800,000 to 1,279,000,000, a change of 43,200,000 (3.5%).
- Net income of 95,300,000 contributed positively to equity growth.
- Dividend payments of 48,200,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹95.30 Million | +7.45% |
| Dividends Paid | ₹48.20 Million | -3.77% |
| Other Changes | ₹-3.90 Million | -0.3% |
| Total Change | ₹- | 3.50% |
Book Value vs Market Value Analysis
This analysis compares NELCO Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 10.54x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 38.37x to 10.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-03-31 | ₹15.42 | ₹591.45 | x |
| 2004-03-31 | ₹6.47 | ₹591.45 | x |
| 2005-03-31 | ₹6.67 | ₹591.45 | x |
| 2007-03-31 | ₹21.07 | ₹591.45 | x |
| 2008-03-31 | ₹13.51 | ₹591.45 | x |
| 2009-03-31 | ₹13.72 | ₹591.45 | x |
| 2010-03-31 | ₹21.20 | ₹591.45 | x |
| 2011-03-31 | ₹14.39 | ₹591.45 | x |
| 2012-03-31 | ₹14.26 | ₹591.45 | x |
| 2013-03-31 | ₹6.97 | ₹591.45 | x |
| 2014-03-31 | ₹7.41 | ₹591.45 | x |
| 2015-03-31 | ₹2.59 | ₹591.45 | x |
| 2016-03-31 | ₹5.47 | ₹591.45 | x |
| 2017-03-31 | ₹9.58 | ₹591.45 | x |
| 2018-03-31 | ₹14.80 | ₹591.45 | x |
| 2019-03-31 | ₹24.47 | ₹591.45 | x |
| 2020-03-31 | ₹28.88 | ₹591.45 | x |
| 2021-03-31 | ₹33.21 | ₹591.45 | x |
| 2022-03-31 | ₹39.03 | ₹591.45 | x |
| 2023-03-31 | ₹45.82 | ₹591.45 | x |
| 2024-03-31 | ₹54.14 | ₹591.45 | x |
| 2025-03-31 | ₹56.10 | ₹591.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NELCO Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.45%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.13%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 2.25x
- Recent ROE (7.45%) is above the historical average (-3.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 8.99% | 1.75% | 0.85x | 6.09x | ₹-3.56 Million |
| 2004 | -92.16% | -15.49% | 0.50x | 11.89x | ₹-150.83 Million |
| 2005 | 3.05% | 0.34% | 0.76x | 11.79x | ₹-10.58 Million |
| 2007 | 17.65% | 5.78% | 0.42x | 7.34x | ₹36.80 Million |
| 2008 | 26.29% | 3.87% | 0.95x | 7.19x | ₹50.21 Million |
| 2009 | 14.88% | 1.93% | 0.91x | 8.45x | ₹15.29 Million |
| 2010 | 46.28% | 14.17% | 0.80x | 4.08x | ₹175.50 Million |
| 2011 | -47.32% | -11.79% | 0.76x | 5.30x | ₹-188.18 Million |
| 2012 | 3.16% | 0.64% | 0.88x | 5.64x | ₹-22.25 Million |
| 2013 | -104.52% | -12.34% | 0.82x | 10.30x | ₹-182.17 Million |
| 2014 | 11.42% | 1.44% | 0.92x | 8.67x | ₹2.39 Million |
| 2015 | -111.75% | -6.11% | 0.96x | 18.98x | ₹-91.19 Million |
| 2016 | -52.81% | -6.11% | 0.88x | 9.83x | ₹-99.55 Million |
| 2017 | 28.72% | 4.37% | 1.10x | 5.97x | ₹40.93 Million |
| 2018 | 35.86% | 8.10% | 0.92x | 4.80x | ₹87.33 Million |
| 2019 | 39.92% | 11.67% | 0.80x | 4.25x | ₹167.06 Million |
| 2020 | 21.82% | 6.54% | 0.79x | 4.25x | ₹77.91 Million |
| 2021 | 16.31% | 5.47% | 0.92x | 3.25x | ₹47.82 Million |
| 2022 | 18.06% | 6.18% | 0.99x | 2.96x | ₹71.75 Million |
| 2023 | 18.99% | 6.34% | 1.19x | 2.51x | ₹93.95 Million |
| 2024 | 19.15% | 7.39% | 1.14x | 2.28x | ₹113.12 Million |
| 2025 | 7.45% | 3.13% | 1.06x | 2.25x | ₹-32.60 Million |
Industry Comparison
This section compares NELCO Limited's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $5,515,357,476
- Average return on equity (ROE) among peers: 1.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NELCO Limited (NELCO) | ₹1.29 Billion | 8.99% | 1.41x | $65.02 Million |
| Aksh Optifibre Limited (AKSHOPTFBR) | $3.75 Billion | 5.77% | 0.55x | $6.30 Million |
| Astra Microwave Products Limited (ASTRAMICRO) | $683.35 Million | 53.61% | 1.31x | $810.40 Million |
| Avantel Limited (AVANTEL) | $662.40 Million | 23.15% | 0.31x | $222.42 Million |
| Birla Cable Limited (BIRLACABLE) | $1.87 Billion | 11.65% | 0.85x | $16.37 Million |
| D-Link (India) Limited (DLINKINDIA) | $1.86 Billion | 6.84% | 0.67x | $60.68 Million |
| GTL Infrastructure Limited (GTLINFRA) | $29.00 Billion | -13.04% | 4.52x | $148.08 Million |
| HFCL Limited (HFCL) | $-533.93 Million | 0.00% | 0.00x | $966.03 Million |
| ITI Limited (ITI) | $16.47 Billion | -26.04% | 2.32x | $298.19 Million |
| KAVDEFENCE (KAVDEFENCE) | $868.37 Million | 7.38% | 0.42x | $14.58 Million |
| Kavveri Telecom Products Limited (KAVVERITEL) | $532.58 Million | -59.18% | 11.08x | $9.13 Million |