NELCO Limited Net Assets
NELCO Limited net assets. Based on the latest financial reports, NELCO Limited (NELCO) has net assets worth Rs1.29 Billion INR (≈ $13.93 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs3.47 Billion ≈ $37.57 Million USD) and total liabilities (Rs2.19 Billion ≈ $23.63 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. Also explore NELCO year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.29 Billion |
| % of Total Assets | 37.09% |
| Annual Growth Rate | 5.81% |
| 5-Year Change | 44.67% |
| 10-Year Change | 489.07% |
| Growth Volatility | 58.77 |
Net Assets of NELCO Limited (2003–2026)
Net assets of NELCO Limited from 2003 to 2026. This chart illustrates how NELCO Limited's net assets have evolved over time, based on quarterly financial data. See NELCO net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for NELCO Limited (2003–2026)
The table below shows the annual net assets of NELCO Limited from 2003 to 2026. For live market cap and overall valuation, see NELCO Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs1.29 Billion ≈ $13.93 Million |
+0.73% |
| 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
NELCO Limited Net Assets Breakdown (March 2026)
NELCO Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs228.20 Million | 17.71% |
| Other Components | Rs1.06 Billion | 82.29% |
| Total Equity | Rs1.29 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 |
|---|---|
|
Pasifik Gayrimenkul Yatirim Ortakligi AS
IS:PSGYO
|
$166.93 Million |
|
CCS Supply Chain Management Co Ltd
SHG:600180
|
$166.96 Million |
|
Nnit AS
CO:NNIT
|
$166.96 Million |
|
Amarc Resources Ltd.
V:AHR
|
$166.98 Million |
|
Taisol Electronics Co Ltd
TW:3338
|
$166.87 Million |
|
Kolon Corp
KO:002020
|
$166.86 Million |
|
Lightbridge Corp
NASDAQ:LTBR
|
$166.85 Million |
|
Bookook Sec
KO:001270
|
$166.83 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 2025 to 2026, total equity changed from 1,279,000,000 to 1,288,300,000, a change of 9,300,000 (0.7%).
- Net income of 33,200,000 contributed positively to equity growth.
- Dividend payments of 22,300,000 reduced retained earnings.
- Other comprehensive income decreased equity by 26,800,000.
- Other factors increased equity by 25,200,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs33.20 Million | +2.58% |
| Dividends Paid | Rs22.30 Million | -1.73% |
| Other Comprehensive Income | Rs-26.80 Million | -2.08% |
| Other Changes | Rs25.20 Million | +1.96% |
| Total Change | Rs- | 0.73% |
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: 12.02x
- 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 43.87x to 12.02x 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 | Rs676.30 | x |
| 2004-03-31 | Rs6.47 | Rs676.30 | x |
| 2005-03-31 | Rs6.67 | Rs676.30 | x |
| 2007-03-31 | Rs21.07 | Rs676.30 | x |
| 2008-03-31 | Rs13.51 | Rs676.30 | x |
| 2009-03-31 | Rs13.72 | Rs676.30 | x |
| 2010-03-31 | Rs21.20 | Rs676.30 | x |
| 2011-03-31 | Rs14.39 | Rs676.30 | x |
| 2012-03-31 | Rs14.26 | Rs676.30 | x |
| 2013-03-31 | Rs6.97 | Rs676.30 | x |
| 2014-03-31 | Rs7.41 | Rs676.30 | x |
| 2015-03-31 | Rs2.59 | Rs676.30 | x |
| 2016-03-31 | Rs5.47 | Rs676.30 | x |
| 2017-03-31 | Rs9.58 | Rs676.30 | x |
| 2018-03-31 | Rs14.80 | Rs676.30 | x |
| 2019-03-31 | Rs24.47 | Rs676.30 | x |
| 2020-03-31 | Rs28.88 | Rs676.30 | x |
| 2021-03-31 | Rs33.21 | Rs676.30 | x |
| 2022-03-31 | Rs39.03 | Rs676.30 | x |
| 2023-03-31 | Rs45.82 | Rs676.30 | x |
| 2024-03-31 | Rs54.14 | Rs676.30 | x |
| 2025-03-31 | Rs56.10 | Rs676.30 | x |
| 2026-03-31 | Rs56.27 | Rs676.30 | 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): 2.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.08%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 2.70x
- Recent ROE (2.58%) is above the historical average (-2.95%), 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 |
| 2026 | 2.58% | 1.08% | 0.88x | 2.70x | Rs-95.63 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: $4,328,405,339
- Average return on equity (ROE) among peers: 11.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NELCO Limited (NELCO) | Rs1.29 Billion | 8.99% | 1.70x | $166.89 Million |
| Astra Microwave Products Limited (ASTRAMICRO) | $2.41 Billion | 21.08% | 1.34x | $1.56 Billion |
| Birla Cable Limited (BIRLACABLE) | $1.87 Billion | 11.65% | 0.85x | $102.44 Million |
| D-Link (India) Limited (DLINKINDIA) | $4.75 Billion | 21.93% | 0.57x | $152.15 Million |
| ITI Limited (ITI) | $23.74 Billion | -15.16% | 3.00x | $2.25 Billion |
| Kavveri Telecom Products Limited (KAVVERITEL) | $3.07 Billion | 15.64% | 1.01x | $24.00 Million |
| Panache Digilife Limited (PANACHE) | $294.11 Million | 1.22% | 2.22x | $106.52 Million |
| Paramount Communications Limited (PARACABLES) | $575.38 Million | 37.36% | 1.82x | $217.51 Million |
| Shyam Telecom Limited (SHYAMTEL) | $423.40 Million | -4.70% | 3.45x | $1.38 Million |
| Smartlink Holdings Limited (SMARTLINK) | $1.81 Billion | 12.59% | 0.44x | $21.10 Million |
About 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