NELCO Limited (NELCO) - Net Assets

Latest as of September 2025: Rs1.29 Billion INR ≈ $13.90 Million USD

Based on the latest financial reports, NELCO Limited (NELCO) has net assets worth Rs1.29 Billion INR (≈ $13.90 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs3.09 Billion ≈ $33.47 Million USD) and total liabilities (Rs1.81 Billion ≈ $19.57 Million USD). 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. Check financial resilience of NELCO Limited to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs1.29 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. Also explore balance sheet size of NELCO Limited for the complete picture of this company's asset base.

Annual Net Assets for NELCO Limited (2003–2025)

The table below shows the annual net assets of NELCO Limited from 2003 to 2025. For live valuation and market cap data, see market cap of NELCO Limited.

Year	Net Assets	Change
2025-03-31	Rs1.28 Billion ≈ $13.83 Million	+3.50%
2024-03-31	Rs1.24 Billion ≈ $13.36 Million	+18.20%
2023-03-31	Rs1.05 Billion ≈ $11.31 Million	+17.41%
2022-03-31	Rs890.50 Million ≈ $9.63 Million	+17.51%
2021-03-31	Rs757.80 Million ≈ $8.20 Million	+15.01%
2020-03-31	Rs658.90 Million ≈ $7.13 Million	+18.00%
2019-03-31	Rs558.40 Million ≈ $6.04 Million	+65.35%
2018-03-31	Rs337.70 Million ≈ $3.65 Million	+54.41%
2017-03-31	Rs218.70 Million ≈ $2.37 Million	+37.98%
2016-03-31	Rs158.50 Million ≈ $1.71 Million	+111.62%
2015-03-31	Rs74.90 Million ≈ $810.02K	-55.68%
2014-03-31	Rs169.02 Million ≈ $1.83 Million	+6.25%
2013-03-31	Rs159.08 Million ≈ $1.72 Million	-51.10%
2012-03-31	Rs325.34 Million ≈ $3.52 Million	-0.91%
2011-03-31	Rs328.31 Million ≈ $3.55 Million	-32.12%
2010-03-31	Rs483.66 Million ≈ $5.23 Million	+54.52%
2009-03-31	Rs313.01 Million ≈ $3.39 Million	+1.54%
2008-03-31	Rs308.25 Million ≈ $3.33 Million	-35.89%
2007-03-31	Rs480.83 Million ≈ $5.20 Million	+215.54%
2005-03-31	Rs152.38 Million ≈ $1.65 Million	+3.14%
2004-03-31	Rs147.74 Million ≈ $1.60 Million	-58.00%
2003-03-31	Rs351.75 Million ≈ $3.80 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	Rs1.02 Billion	80.06%
Common Stock	Rs228.20 Million	17.84%
Other Comprehensive Income	Rs26.80 Million	2.10%
Total Equity	Rs1.28 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
Rane Holdings Limited NSE:RANEHOLDIN	$173.74 Million
SBC Exports Limited NSE:SBC	$173.75 Million
Tucows Inc. TO:TC	$173.82 Million
FENIX Resources Ltd AU:FEX	$173.83 Million
Anderson Industrial Corp TW:1528	$173.61 Million
Goodbaby International Holdings Limited F:GBH	$173.58 Million
Exicom Tele-Systems Limited NSE:EXICOM	$173.57 Million
Perintis Triniti Properti PT JK:TRIN	$173.42 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	Rs95.30 Million	+7.45%
Dividends Paid	Rs48.20 Million	-3.77%
Other Changes	Rs-3.90 Million	-0.3%
Total Change	Rs-	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: 12.54x
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 45.65x to 12.54x 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	Rs15.42	Rs703.75	x
2004-03-31	Rs6.47	Rs703.75	x
2005-03-31	Rs6.67	Rs703.75	x
2007-03-31	Rs21.07	Rs703.75	x
2008-03-31	Rs13.51	Rs703.75	x
2009-03-31	Rs13.72	Rs703.75	x
2010-03-31	Rs21.20	Rs703.75	x
2011-03-31	Rs14.39	Rs703.75	x
2012-03-31	Rs14.26	Rs703.75	x
2013-03-31	Rs6.97	Rs703.75	x
2014-03-31	Rs7.41	Rs703.75	x
2015-03-31	Rs2.59	Rs703.75	x
2016-03-31	Rs5.47	Rs703.75	x
2017-03-31	Rs9.58	Rs703.75	x
2018-03-31	Rs14.80	Rs703.75	x
2019-03-31	Rs24.47	Rs703.75	x
2020-03-31	Rs28.88	Rs703.75	x
2021-03-31	Rs33.21	Rs703.75	x
2022-03-31	Rs39.03	Rs703.75	x
2023-03-31	Rs45.82	Rs703.75	x
2024-03-31	Rs54.14	Rs703.75	x
2025-03-31	Rs56.10	Rs703.75	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	Rs-3.56 Million
2004	-92.16%	-15.49%	0.50x	11.89x	Rs-150.83 Million
2005	3.05%	0.34%	0.76x	11.79x	Rs-10.58 Million
2007	17.65%	5.78%	0.42x	7.34x	Rs36.80 Million
2008	26.29%	3.87%	0.95x	7.19x	Rs50.21 Million
2009	14.88%	1.93%	0.91x	8.45x	Rs15.29 Million
2010	46.28%	14.17%	0.80x	4.08x	Rs175.50 Million
2011	-47.32%	-11.79%	0.76x	5.30x	Rs-188.18 Million
2012	3.16%	0.64%	0.88x	5.64x	Rs-22.25 Million
2013	-104.52%	-12.34%	0.82x	10.30x	Rs-182.17 Million
2014	11.42%	1.44%	0.92x	8.67x	Rs2.39 Million
2015	-111.75%	-6.11%	0.96x	18.98x	Rs-91.19 Million
2016	-52.81%	-6.11%	0.88x	9.83x	Rs-99.55 Million
2017	28.72%	4.37%	1.10x	5.97x	Rs40.93 Million
2018	35.86%	8.10%	0.92x	4.80x	Rs87.33 Million
2019	39.92%	11.67%	0.80x	4.25x	Rs167.06 Million
2020	21.82%	6.54%	0.79x	4.25x	Rs77.91 Million
2021	16.31%	5.47%	0.92x	3.25x	Rs47.82 Million
2022	18.06%	6.18%	0.99x	2.96x	Rs71.75 Million
2023	18.99%	6.34%	1.19x	2.51x	Rs93.95 Million
2024	19.15%	7.39%	1.14x	2.28x	Rs113.12 Million
2025	7.45%	3.13%	1.06x	2.25x	Rs-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: $2,527,332,122
Average return on equity (ROE) among peers: -4.28%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
NELCO Limited (NELCO)	Rs1.29 Billion	8.99%	1.41x	$173.67 Million
Astra Microwave Products Limited (ASTRAMICRO)	$5.00 Billion	1.95%	0.23x	$1.16 Billion
Birla Cable Limited (BIRLACABLE)	$1.56 Billion	0.65%	0.80x	$50.51 Million
D-Link (India) Limited (DLINKINDIA)	$776.51 Million	9.07%	0.61x	$172.90 Million
ITI Limited (ITI)	$11.72 Billion	-15.53%	4.98x	$3.11 Billion
Kavveri Telecom Products Limited (KAVVERITEL)	$786.23 Million	-44.85%	7.04x	$24.00 Million
Panache Digilife Limited (PANACHE)	$291.75 Million	-10.06%	2.75x	$60.15 Million
Paramount Communications Limited (PARACABLES)	$366.13 Million	3.32%	1.23x	$130.15 Million
Shyam Telecom Limited (SHYAMTEL)	$434.83 Million	4.31%	6.44x	$2.76 Million
Smartlink Holdings Limited (SMARTLINK)	$1.81 Billion	12.59%	0.44x	$14.24 Million

About NELCO Limited

NSE:NELCO India Communication Equipment

Market Cap

$173.67 Million

Rs16.06 Billion INR

Market Cap Rank

#17061 Global

#878 in India

Share Price

Rs703.75

Change (1 day)

-1.43%

52-Week Range

Rs506.10 - Rs1124.90

All Time High

Rs1463.90