NESCOServices

Nesco Limited

Diversified Commercial Services · ISIN INE317F01035 · BSE 505355 · NSE EQ · FV ₹2
Last price
₹1,040
+0.33%today
What this company does

Nesco Limited operates in Diversified Commercial Services, part of the Services sector. It booked ₹228 cr of revenue in its latest quarter (Q2 FY27) and kept 46.1% of sales as profit. It is the 4th largest of 9 Diversified Commercial Services companies we track, by market value.

“A foundation built with care Nesco is a diversified conglomerate with a presence spanning eight decades. Our flagship integrated campus, Nesco Center in Goregaon, Mumbai, seamlessly integrates commercial real estate, exhibitions, events and hospitality, creating a dynamic multi-business ecosystem.”
In the report:
70out of 100
Equitytale Health Score
Solid

Healthier than 70% of companies in Services, on all six measures of filed financials. Each measure is ranked against the 34–117 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
53

At close. Not part of the score.

Profitability & returns71

How much profit it earns on the money it employs

Balance sheet90

How much it owes, and whether earnings cover the interest

Cash quality55

Whether reported profit actually arrives as cash

Growth & consistency90

Whether sales and profit have grown, and how steadily

Valuation15

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Strong 46% net margin
✓ Promoters hold 69%
✓ No promoter shares pledged
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
! Profit down 12% vs last year

What if I invest in NESCO?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,040▲ +0.33%
latest close · 2026-11-04
1-year return
+59.1%
52-wk low ₹50252-wk high ₹1,140
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio17.4Average
LowAverageHigh
P/B ratio2.33Moderate
Below bookModerateHigh
EV / EBITDA12.0Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity13.3%Fair
WeakFairStrong ▸15%
Return on capital16.3%Strong
WeakFairStrong
Net margin46.1%Strong
ThinDecentStrong
EBITDA margin66.5%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover25.4×Strong
RiskyOkayStrong ▸5×
Current ratio2.72Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹7,330 cr
Book value
₹447
EPS
₹14.93
latest quarter
Net debt
₹-27 cr
more cash than debt
Enterprise value
₹7,303 cr
EBITDA
₹608 cr
annualised
EBIT
₹566 cr
annualised
Operating margin
61.9%
Return on assets
11.3%
Earnings yield
5.74%
P/S
8.02
Sales / share
₹129.7
Tax rate
22.5%
Face value
₹2
Shares
7.0 cr
Working capital
₹403 cr
Current assets
₹636 cr
Current liabilities
₹234 cr
Delivery %
58.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹484 vs market price ₹1,040 — price is 115% above it
Safety cushion-114.8%(target ≥ +20%)
Models span ₹460–₹509, midpoint ₹484
Model ₹484
Price ₹1,040
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹228 cr
Other Income₹24 cr
Total Income₹253 cr
Cost of Materials₹36 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-1 cr
Employee Benefit Expense₹14 cr
Finance Costs₹6 cr
Depreciation & Amortisation₹11 cr
Other Expenses₹52 cr
Total Expenses₹117 cr
Profit before Tax₹136 cr
Tax Expense₹31 cr
Net Profit₹105 cr
Net margin on total income41.7%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹35 cr13.8%
Employee benefit expense₹14 cr5.6%
Finance costs₹6 cr2.2%
Depreciation & amortisation₹11 cr4.2%
Other expenses₹52 cr20.5%
Tax expense₹31 cr12.1%
Profit for the period₹105 cr41.7%
Total income ₹253 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue252 cr212 cr228 cr
Total income272 cr255 cr253 cr
Expenses156 cr128 cr117 cr
Profit before tax116 cr127 cr136 cr
Tax23 cr27 cr31 cr
Net profit (owners' share)93 cr100 cr105 cr
Net margin (owners' share, on revenue)37.0%47.2%46.1%
EPS (₹)13.2114.1914.93
YoY (latest quarter): total income -4.2% · net profit -11.5%
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹3,711 cr
Shareholder equity
₹3,152 cr
parent shareholders
Total debt
₹0 cr
Cash
₹27 cr
Cash flow · H1 FY27
Operating
₹211 cr
Investing
₹-148 cr
Financing
₹-50 cr
Peer comparison
Diversified Commercial Services · by market value
CompanyPriceMarket capP/E
International Gemological Institute Limited₹408₹17,626 cr23.7
WeWork India Management Limited₹663₹9,213 cr113.6
Bluspring Enterprises Limited₹143₹7,552 cr—
Nesco Limitedthis company₹1,037₹7,305 cr17.4
Indiabulls Limited₹30₹6,751 cr11.8
Smartworks Coworking Spaces Limited₹484₹5,540 cr54.1
LEAP India Limited₹113₹4,975 cr65.7
Quess Corp Limited₹319₹4,762 cr15.8
Inox Green Energy Services Limited₹115₹4,610 cr28.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.67%
trailing 12 months
Dividend / share (TTM)
₹7
Last dividend
₹7
ex 20 Jul 2026
ActionDetailEx-date
Dividend₹7 / share20 Jul 2026
Dividend₹6.5 / share23 Jul 2025
Dividend₹6 / share26 Jul 2024
Dividend₹4.5 / share28 Jul 2023
Dividend₹3 / share28 Jul 2022
Dividend₹3 / share2 Aug 2021
Who owns it · 2026-09-30
No pledge
Promoter
68.5%
FII / Foreign
4.2%
DII / Domestic
4.3%
Retail / others
23.0%
Smart-money activity
Insider trades
BoughtMr. Krishna Sumant Patel · Promoters35.47 L17 Sep 24
SoldMrs. Sudhaben Sumant Patel · Promoters44.34 L17 Sep 24
BoughtMst. Aarav Krishna Patel · Promoters8.87 L17 Sep 24
Bulk / block deals
short— · NSE713 Sep 26
short— · NSE122 Jun 26
short— · NSE1221 Apr 26
Stake changes
SoldMrs. Sudhaben Suman Patel · promoter→ 12.79% · 44.34 L17 Sep 24
BoughtMst. Aarav Krishna Patel · promoter→ 1.46% · 8.87 L17 Sep 24
BoughtMr. Krishna Suman Patel · promoter→ 8.05% · 35.47 L17 Sep 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Jul 2025
See the official result
1
Adoption of audited standalone financial statements
Backed by 100% of shareholders other than promotersneeded 50%
45.54 L votes for, 15 against · 0% of mutual funds and other big investors said no
2
Adoption of audited consolidated financial statements.
Backed by 100% of shareholders other than promotersneeded 50%
45.54 L votes for, 15 against · 0% of mutual funds and other big investors said no
3
Declaration of dividend.
Backed by 100% of shareholders other than promotersneeded 50%
45.68 L votes for, 15 against · 0% of mutual funds and other big investors said no
4
Appoint a Director in place of Mrs. Sudha S. Patel (DIN:00187055) who retires from office by rotation, and being eligible, offers herself for re-appointment and continuation in office.
Backed by 97% of shareholders other than promotersneeded 75%
44.40 L votes for, 1.28 L against · 3% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 68.5% between them · as of 2026-09-30
CHANDLER & PRICE (I) PVT LTD27.80%
SUDHA SUMANT PATEL12.79%
KRISHNA SUMANT PATEL8.05%
PATEL CONSULTANCY SERVICES PRIVATE LIMITED7.61%
ENGINEERING GLOBAL PTE LIMITED6.35%
S J PATEL HUF4.49%
AARAV KRISHNA PATEL1.46%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.