Nelco Ltd

NELCO Ltd share price declined by 4.21% to Rs 789.0 after the company's net profit tanked by 26.07% to Rs 1.73 crore, while revenue from operations slipped slightly by 2.36% to Rs 78.14 crore in Q3FY26 over Q2FY26. The market capitalization of Computers Hardware & Equipments industry group stocks on BSE stood at Rs 24164.68 crore, slipping 6%. It has eased by 3.89% over last one week and moved up slightly by 3.76% in last one month while the market capitalization of NELCO Ltd has softened by 6.57% and 15.49% in the same period respectively. Profit before tax (PBT) of NELCO Ltd stood at Rs 2.33 crore in Q3 FY26, easing 7.37% year-on-year, and plunging by 25.56% quarter-on-quarter. EBITDA came in at Rs 7 crore, gaining 6.79% YoY and nosediving by 19.19% sequentially. Total expenses slightly declined by 2.62% to Rs 74.82 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 12.32 crore, seeing a marginal contraction of 6.95% YoY. For the TTM ended FY26, revenue from operations grew marginally by 0.57% to Rs 306.6 crore, while net profit plunged by 65.16% to Rs 3.32 crore, compared to previous TTM. EBITDA jumped by 3358% to Rs 24.2 crore, and PBT collapsed by 76.65% to Rs 4.59 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 15.26 crore in FY26, as against Rs 19.66 crore in FY25. NELCO Ltd nosedived by 8.53% in last one year, outperforming the benchmark BSE Sensex which has declined by 12.46% during the same period.

NELCO Ltd share price softened by 0.78% to Rs 823.7 after the company's net profit tanked by 26.07% to Rs 1.73 crore, while revenue from operations eased by 2.36% to Rs 78.14 crore in Q3FY26 over Q2FY26. The market capitalization of Computers Hardware & Equipments industry group stocks on BSE stood at Rs 24400.15 crore, declining 6%. It has slipped by 1.25% over last one week and ticked higher by 4.36% in last one month while the market capitalization of NELCO Ltd has slipped by 3.42% and 11.49% in the same period respectively. Profit before tax (PBT) of NELCO Ltd stood at Rs 2.33 crore in Q3 FY26, gaining 7.37% year-on-year, and tumbling by 25.56% quarter-on-quarter. EBITDA came in at Rs 7 crore, easing 6.79% YoY and nosediving by 19.19% sequentially. Total expenses marginally dropped 2.62% to Rs 74.82 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 12.32 crore, softening 6.95% YoY. For the TTM ended FY26, revenue from operations inched higher 0.57% to Rs 306.6 crore, while net profit witnessed a sharp fall of 65.16% to Rs 3.32 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 3358% to Rs 24.2 crore, and PBT collapsed by 76.65% to Rs 4.59 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 15.26 crore in FY26, as against Rs 19.66 crore in FY25. NELCO Ltd dropped 7.20% in last one year, outperforming the benchmark BSE Sensex which has reduced by 10.47% during the same period.

Nelco Limited will hold a board meeting on Monday, October 19, 2026, to consider and approve the unaudited financial results for the quarter and six months ended September 30, 2026, according to a regulatory filing. The company’s trading window for its securities will remain closed from September 24, 2026, until 48 hours after the financial results are released to the BSE Limited and the National Stock Exchange of India Limited.

Nelco Limited certified that details of dematerialized securities for the quarter ended September 30, 2026, have been furnished to the BSE Limited and National Stock Exchange of India Limited, as required under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

Nelco Limited informed the BSE Limited and National Stock Exchange of India Ltd. that the trading window for dealing in the company's securities will be closed from September 24, 2026, until 48 hours after the financial results for the quarter and six months period ended September 30, 2026, are declared, in accordance with the "Tata Code of Conduct for Prevention of Insider Trading" and SEBI (Prohibition of Insider Trading) Regulations, 2015.

NELCO Ltd announced credit rating actions across its various debt instruments by multiple agencies, including ICRA Limited, CARE Ratings Limited, and India Ratings & Research. ICRA Limited has reaffirmed its rating of “[ICRA]BB+” on the long-term bank loan facilities of Rs 235.00 crore, and “[ICRA]BB+” on the short-term bank loan facilities of Rs 75.00 crore, with a stable outlook; CARE Ratings Limited has reaffirmed its rating of “BB+” on the long-term bank loan facilities of Rs 235.00 crore, and “A2+” on the short-term bank loan facilities of Rs 75.00 crore; India Ratings & Research has also reaffirmed its rating of “[IND]BB+” on the long-term bank loan facilities of Rs 235.00 crore, and “[IND]A2+” on the short-term bank loan facilities of Rs 75.00 crore, with a stable outlook, with no changes or withdrawals noted by any of the rating agencies.

NELCO Limited announced an investment of USD 20 million in Compulsorily Convertible Debentures (CCDs) of Lunar Holdco, Inc., doing business as Elveo Mobile, a Delaware, USA-incorporated satellite communications company, on August 17, 2026. The investment, made pursuant to approvals from NELCO’s board of directors and shareholders, is intended to establish a long-term partnership for the provision, distribution, and commercialization of satellite-based Direct-to-Device (D2D), IoT, and related communication services, and will be subject to applicable regulatory approvals for operations in India.

Total income jumped 6.38% YoY to Rs 80.17 crore in Q1 FY27, from Rs 75.36 crore in the corresponding quarter last year. Profit before tax rose 30.41% to Rs 3.13 crore in Q1 FY27, compared with Rs 2.40 crore in Q1 FY26. Total expenses rose 31.66% YoY to Rs 0.79 crore in Q1 FY27, compared with Rs 0.6 crore in Q1 FY26. Purchase of stock-in-trade stood at Rs 2.93 crore, down 54.36% YoY during the quarter. On a standalone basis, the company posted net profit of Rs 3.80 crore in Q1 FY27, up 227.58% as compared with Rs 1.16 crore in Q1 FY26. Total income rose 15.89% YoY to Rs 55.11 crore in Q1 FY27. Nelco provides domestic satellite communication services to closed user group networks. The scrip shed 2.66% to Rs 844.55 on the BSE.Powered by Capital Market - Live

Net profit of NELCO rose 30.00% to Rs 2.34 crore in the quarter ended June 2026 as against Rs 1.80 crore during the previous quarter ended June 2025. Sales rose 7.01% to Rs 80.03 crore in the quarter ended June 2026 as against Rs 74.79 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales80.0374.79 7 OPM %10.4010.35 - PBDT7.197.32 -2 PBT2.072.40 -14 NP2.341.80 30 Powered by Capital Market - Live

NELCO will hold a meeting of the Board of Directors of the Company on 16 July 2026.