NESCOServices

Nesco Limited

Diversified Commercial Services · ISIN INE317F01035 · BSE 505355 · NSE EQ · FV ₹2
Last price
₹1,082
+0.55%today
What this company does

Nesco Limited operates in Diversified Commercial Services, part of the Services sector. It booked ₹212 cr of revenue in its latest quarter (Q1 FY27) and kept 47.2% of sales as profit. It is the 3rd 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:
69out of 100
Equitytale Health Score
Solid

Healthier than 69% of companies in Services, on all six measures of filed financials. Each measure is ranked against the 29–116 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)
55

At close. Not part of the score.

Profitability & returns70

How much profit it earns on the money it employs

Balance sheet89

How much it owes, and whether earnings cover the interest

Cash quality55

Whether reported profit actually arrives as cash

Growth & consistency89

Whether sales and profit have grown, and how steadily

Valuation11

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 47% net margin
Sales up 10% vs last year
Promoters hold 69%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

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 We do not publish price targets or predict returns.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
₹1,082 +0.55%
latest close · 2026-09-17
1-year return
+88.1%
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 ratio19.1Average
LowAverageHigh
P/B ratio2.54Moderate
Below bookModerateHigh
EV / EBITDA13.0Average
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 capital15.4%Strong
WeakFairStrong
Net margin47.2%Strong
ThinDecentStrong
EBITDA margin68.9%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover18.5×Strong
RiskyOkayStrong ▸5×
Current ratio2.63Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹7,619 cr
Book value
₹425
EPS
₹14.19
latest quarter
Net debt
₹-14 cr
more cash than debt
Enterprise value
₹7,605 cr
EBITDA
₹584 cr
annualised
EBIT
₹537 cr
annualised
Operating margin
63.4%
Return on assets
10.8%
Earnings yield
5.25%
P/S
8.99
Sales / share
₹120.3
Tax rate
21.3%
Face value
₹2
Shares
7.0 cr
Working capital
₹325 cr
Current assets
₹524 cr
Current liabilities
₹199 cr
Delivery %
53.0%
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 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹487 vs market price ₹1,082 — price is 122% above it
Safety cushion-122.0%(target ≥ +20%)
Models span ₹437₹537, midpoint ₹487
Model ₹487
Price ₹1,082
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 · Q1 FY27 (consolidated)
Revenue from Operations₹212 cr
Other Income₹44 cr
Total Income₹255 cr
Cost of Materials₹34 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹2 cr
Employee Benefit Expense₹14 cr
Finance Costs₹7 cr
Depreciation & Amortisation₹12 cr
Other Expenses₹59 cr
Total Expenses₹128 cr
Profit before Tax₹127 cr
Tax Expense₹27 cr
Net Profit₹100 cr
Net margin on total income39.1%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹36 cr14.2%
Employee benefit expense₹14 cr5.4%
Finance costs₹7 cr2.8%
Depreciation & amortisation₹12 cr4.6%
Other expenses₹59 cr23.2%
Tax expense₹27 cr10.6%
Profit for the period₹100 cr39.1%
Total income ₹255 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue248 cr252 cr212 cr
Total income274 cr272 cr255 cr
Expenses143 cr156 cr128 cr
Profit before tax132 cr116 cr127 cr
Tax27 cr23 cr27 cr
Net profit (owners' share)105 cr93 cr100 cr
Net margin (owners' share, on revenue)42.2%37.0%47.2%
EPS (₹)14.8513.2114.19
YoY (latest quarter): total income +15.3% · net profit +4.0%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹3,689 cr
Shareholder equity
₹2,996 cr
parent shareholders
Total debt
₹0 cr
Cash
₹14 cr
Cash flow · H1 FY26
Operating
₹217 cr
Investing
₹-280 cr
Financing
₹62 cr
Peer comparison
Diversified Commercial Services · by market value
CompanyPriceMarket capP/E
International Gemological Institute Limited₹315₹13,591 cr20.5
WeWork India Management Limited₹683₹9,464 cr
Nesco Limitedthis company₹1,082₹7,619 cr19.1
Inox Green Energy Services Limited₹175₹7,012 cr43.2
Indiabulls Limited₹30₹6,637 cr11.6
Bluspring Enterprises Limited₹124₹6,520 cr
Smartworks Coworking Spaces Limited₹520₹5,941 cr113.0
LEAP India Limited₹136₹5,619 cr56.8
Quess Corp Limited₹353₹5,272 cr16.0
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.65%
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 · 2026-06-30
No pledge
Promoter
68.5%
FII / Foreign
4.3%
DII / Domestic
4.1%
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 2026-06-30
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.