Financials Nelco Limited

Equities

NELCO

INE045B01015

Communications & Networking

Market Closed - Bombay S.E. 06:00:56 2024-07-10 am EDT 5-day change 1st Jan Change
900 INR -0.92% Intraday chart for Nelco Limited +13.57% +13.28%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Capitalization 1 6,235 3,069 4,303 16,309 11,811 15,815
Enterprise Value (EV) 1 6,999 4,141 5,108 16,967 12,280 16,166
P/E ratio 28 x 21.3 x 34.8 x 101 x 59.5 x 66.8 x
Yield 0.55% 0.89% 0.64% 0.25% 0.39% 0.32%
Capitalization / Revenue 3.26 x 1.4 x 1.9 x 6.27 x 3.77 x 4.94 x
EV / Revenue 3.66 x 1.88 x 2.26 x 6.52 x 3.92 x 5.05 x
EV / EBITDA 19 x 8.64 x 12.7 x 37.5 x 22.3 x 30.6 x
EV / FCF -21.1 x -11.1 x 23.5 x 96.6 x 655 x 55.3 x
FCF Yield -4.74% -8.98% 4.25% 1.04% 0.15% 1.81%
Price to Book 11.2 x 4.66 x 5.68 x 18.3 x 11.3 x 12.8 x
Nbr of stocks (in thousands) 22,817 22,817 22,817 22,817 22,818 22,818
Reference price 2 273.2 134.5 188.6 714.8 517.6 693.1
Announcement Date 6/21/19 7/18/20 5/22/21 6/10/22 5/25/23 5/28/24
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net sales 1 1,910 2,199 2,261 2,601 3,133 3,203
EBITDA 1 368.7 479.4 401.6 453 550.8 527.8
EBIT 1 244.4 305.1 228.3 259.4 339.8 372.5
Operating Margin 12.8% 13.87% 10.1% 9.97% 10.84% 11.63%
Earnings before Tax (EBT) 1 200.2 202.6 158.8 231.5 278.2 335.1
Net income 1 222.9 143.8 123.6 160.8 198.5 236.7
Net margin 11.67% 6.54% 5.47% 6.18% 6.34% 7.39%
EPS 2 9.769 6.302 5.417 7.047 8.699 10.37
Free Cash Flow 1 -331.4 -371.8 217.2 175.7 18.76 292.2
FCF margin -17.35% -16.91% 9.61% 6.75% 0.6% 9.12%
FCF Conversion (EBITDA) - - 54.1% 38.78% 3.41% 55.35%
FCF Conversion (Net income) - - 175.77% 109.25% 9.45% 123.43%
Dividend per Share 2 1.500 1.200 1.200 1.800 2.000 2.200
Announcement Date 6/21/19 7/18/20 5/22/21 6/10/22 5/25/23 5/28/24
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: Marzo 2019 2020 2021 2022 2023 2024
Net Debt 1 764 1,072 805 658 469 351
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.072 x 2.237 x 2.003 x 1.453 x 0.8522 x 0.6646 x
Free Cash Flow 1 -331 -372 217 176 18.8 292
ROE (net income / shareholders' equity) 49.7% 23.6% 17.4% 19.5% 20.5% 20.8%
ROA (Net income/ Total Assets) 7.65% 7.37% 5.42% 6.47% 8.08% 8.56%
Assets 1 2,915 1,951 2,279 2,486 2,456 2,766
Book Value Per Share 2 24.50 28.90 33.20 39.00 45.80 54.20
Cash Flow per Share 2 2.400 5.750 4.010 6.860 7.080 9.550
Capex 1 534 480 93 180 251 163
Capex / Sales 27.95% 21.83% 4.11% 6.91% 8.01% 5.09%
Announcement Date 6/21/19 7/18/20 5/22/21 6/10/22 5/25/23 5/28/24
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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