Nesco Ltd.
Snapshot View

611.40 +9.20 ▲1.5%

26 July 2021, 10:25:00 A.M.
Volume: 647

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Engineering - Industrial Equipments Compare with Industry peers
Website http://www.nesco.in
Financial Indicators
Market Cap 4,243.10 Cr.
Earnings per share (EPS) 24.48 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 24.60 Trailing Twelve Months Ending 2021-03
Industry PE 85.96 Trailing Twelve Months Ending 2021-03
Book Value / Share 217.04 Trailing Twelve Months Ending 2021-03
Price to Book Value 2.77 Calculated using Price: 602.20
Dividend Yield 0.50 Period Ending 2021-03
No. of Shares Subscribed 7.05 Cr. 70,459,960 Shares
FaceValue 2
Company Profile

Nesco Limited was incorporated on April 15, 1946, under the Indian Companies Act VII of 1913. The Company is domiciled in India having registered office at Nesco Center, Western Express Highway, Goregaon (East), Mumbai and listed on the BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE).

With business verticals as varied as exhibitions, events, hospitality, MICE and realty, the company’s steady expansion augments its growth as it watches several new ideas find form. With the continued expansion of the Bombay Exhibition Center (BEC), there is now a versatile solution for any trade fair. The BEC is already India’s largest exhibition venue in the private sector, hosting all the Messe’s as well as organisers from across the globe.

Nesco Realty carved a new benchmark with its premium IT Park. A self-sustained facility, the Park is laid out over several million square feet. It accommodates the world’s leading multinationals such as HSBC, KPMG, PWC, MSCI, BlackRock and several others. The division is now looking to offer maximum value, comfort, luxury and style in the housing market.

Indabrator, its engineering division is a pioneer in the surface-preparation category. Backed by best-in-class technology, Indabrator boasts of the finest manufacturing units. Today, it remains a company with impressive market share and multiple innovations in the pipeline.

The company’s foray into the event space has been buoyed with excitement. Nesco Events has created unique properties that have quickly become resounding successes. This is taking the business off to an impressive start and is enhancing the Group’s strengths to deliver quality entertainment to a burgeoning audience of eager enthusiasts.

Nesco Foods caters to all levels of social, business and luxury events. It is one of Mumbai’s most preferred hospitality providers, well-recognised for their varied capability and array of cuisines. The division operates the largest non-flight kitchen in the city.

Business area of the company

The Company is mainly engaged in the following:

  • Licencing premises in IT park buildings and providing related services.
  • Licencing premises for exhibitions and providing services to the organisers.
  • Manufacturing of machines and capital equipment.
  • Hospitality and catering services

Milestones

  • 1939: The founder, Shri. J.V. Patel manifests his vision as the Standard Engineering Company (SEC).
  • 1952: By this time, SEC was taking over & reviving the fortunes of several struggling companies to build an engineering powerhouse.
  • 1956: The acquisition of Burjorji Pestonji & Son re-christens the company as the New Standard Engineering.
  • 1957: New Standard Engineering collaborates with B&S Massey Ltd to become the first manufacturer in India for forging hammers & presses.
  • 1958: The Company launches its public issue, which is quickly oversubscribed.
  • 1960: Sumant Patel founds the Gujarat Machinery Manufacturers Ltd which later becomes GMM Pfaudler Ltd.
  • 1962: The New Standard Engineering Company is known to have the largest foundry in the private sector, making specialised castings for the company's forging equipment product line.
  • 1964: Indabrator is born, on the basis of a joint venture signed with Wheelabrator Corporation, USA for the manufacturing of shot-blasting equipment in India.
  • 1986: New Standard Engineering diversifies into realty and the Group welcomes a new sector.
  • 1992: The 200,000 square feet Bombay Exhibition Center develops into the largest center for exhibitions in the private sector in India.
  • 2001: The Company rebrands itself as Nesco Limited in light of further diversification and business verticals.
  • 2015: The beginning of Nesco Foods. Mumbai gains one of the largest and most hygienic food production centers in the non-flight category, serving 50,000 meals per day.
  • 2016: Nesco Events comes to life, delighting patrons with intellectual properties, exhibitions and private events.
  • 2019: NESCO & WEVIO organized - Technology Transfer Meet between Indian Companies and South Korean Delegation.
  • 2021: Tata Power on Monday announced that it has received the Letter of Intent (LoI) from Odisha Electricity Regulatory Commission (OERC) for distribution and retail supply electricity in five circles of Nesco.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.53%
1 Week
-4.13%
1 Month
+1.59%
3 Month
+22.17%
6 Month
+7.32%
1 Year
+34.88%
2 Year
+13.19%
5 Year
+84.94%
9 years 2005-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 171.79 36.26 22.79 23.74 22.37 19.26 16.54 18.50 11.95
Return on Capital Employed (%) 108.60 51.94 32.66 35.36 32.84 26.25 23.16 23.60 15.56
Return on Assets (%) 22.71 26.68 18.03 19.01 18.14 16.13 14.25 15.81 10.05

Balance Sheet View Details

Particulars 8 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 439 540 681 851 1,011 1,170 1,357 1,529
Non Curr. Liab. 77 89 110 120 42 88 151 170
Curr. Liab. 45 48 50 62 130 91 101 123
Minority Int.
Equity & Liab. 561 676 841 1,033 1,183 1,349 1,610 1,822
Non Curr. Assets 167 261 679 913 1,065 1,278 1,499 1,610
Curr. Assets 394 416 162 121 118 70 111 212
Misc. Exp. not W/O
Total Assets 561 676 841 1,033 1,183 1,349 1,610 1,822

Profit Loss View Details

Particulars 9 years 2005-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 27 161 195 263 311 321 361 432 291
Other Income 1 20 28 33 43 36 32 43 65
Total Income 28 181 223 296 354 357 393 474 356
Total Expenditure -17 -53 -56 -75 -97 -103 -128 -154 -106
PBIDT 11 128 166 221 258 255 264 321 250
Interest -1 0 0 -4 -5 -6 -5 -6 -8
Depreciation -1 -11 -7 -7 -8 -11 -12 -22 -26
Taxation -1 -36 -48 -67 -74 -59 -67 -58 -44
Exceptional Items
PAT 9 81 112 144 170 179 180 234 172

Cash Flow View Details

Particulars 8 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 117 103 137 153 146 171 208 130
Cash Fr. Inv. -107 -91 -110 -153 -123 -155 -157 -133
Cash Fr. Finan. -8 -11 -25 0 -19 -20 -47 0
Net Change 2 1 1 0 4 -4 4 -3
Cash & Cash Eqvt 4 5 5 5 9 5 10 7

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 68.19 68.19 68.19 68.32 68.53 68.53 68.54 68.54 68.54
Public 31.81 31.81 31.81 31.68 31.47 31.47 31.46 31.46 31.46
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 21 Jul 2021
Shareholding for the Period Ended June 30 2021
NESCO Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Tue, 20 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0000
Name of the Signatory :- JINAL JITENDRA SHAH
Designation :- Company Secretary and Compliance Officer
Mon, 19 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Dear Sir

Pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018 enclosed herewith is the copy of the certificate received from our Registrar and Share Transfer Agent Link Intime India Pvt. Ltd. certifying that the securities received for dematerialization have been mutilated and cancelled after due verification and the name of the depository has been substituted in the records as the registered owner within the stipulated time of receipt of certificate of security and the details of the securities which are dematerialized is furnished to the Stock Exchanges.

Technical Scans View Details

Fri, 23 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Close Crossing Current Week Low Close Crossing Current Week Low
5 EMA Crossing 20 EMA From Above 5 EMA Crossing 20 EMA From Above
Stochastic Entering Oversold Zone From Above Stochastic Entering Oversold Zone From Above
Stochastic In Oversold Zone Stochastic In Oversold Zone

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