Audited Financial Results (Consolidated and Standalone) for the Financial year ended 31st March 2026
RESULTS
● No Immediate Change
MEDIUM RISK
📅 Filed on BSE: 20 Apr 2026, 06:59 PM IST · BSE ID: f8ca6582-67ea-43da-bd83-606c97e6a840
View Original BSE Filing (PDF)
💡
In Simple Terms
Nelco finished FY26 with Rs. 1,541 Lakh profit and is paying shareholders Rs. 1 per share dividend if approved at the AGM.
🤖 AI Summary
- Nelco Board approved FY26 audited consolidated net profit Rs. 1,541 Lakh with unmodified audit opinion
- Final dividend Rs. 1 per share (10%) recommended, subject to shareholder approval at AGM
- Consolidated total assets increased to Rs. 34,737 Lakh from Rs. 28,745 Lakh year-on-year
- Capital work-in-progress expanded to Rs. 4,149 Lakh from Rs. 870 Lakh, signalling active capex
- Current borrowings increased to Rs. 5,877 Lakh from Rs. 3,795 Lakh; includes subsidiary and associate
🔢 Key Numbers — exact figures from BSE filing, not rounded
Consolidated Net Profit (FY26)
Rs. 1,541 Lakh
Consolidated Total Assets (FY26)
Rs. 34,737 Lakh
+20.8
Capital Work-in-Progress (FY26)
Rs. 4,149 Lakh
+376.8
Current Borrowings (FY26)
Rs. 5,877 Lakh
+54.8
Recommended Final Dividend
Rs. 1 per share (10%)
Current Liabilities (FY26)
Rs. 20,746 Lakh
+36.0
🏢 How This Affects the Company
Consolidated results reflect operations of Nelco Limited (holding), Nelco Network Products Limited (subsidiary), and Piscis Networks Private Limited (associate). Asset base growth to Rs. 34,737 Lakh indicates expanded operational infrastructure.
Consolidated net profit Rs. 1,541 Lakh approved. Total assets rose Rs. 5,992 Lakh year-on-year. Current borrowings increased Rs. 2,082 Lakh to Rs. 5,877 Lakh. Current liabilities grew Rs. 5,496 Lakh to Rs. 20,746 Lakh.
Capital work-in-progress surged to Rs. 4,149 Lakh from Rs. 870 Lakh, reflecting significant ongoing capital investments. Right-of-use assets Rs. 1,176 Lakh indicate lease obligations under accounting standards.
Current borrowings increased Rs. 2,082 Lakh. Current ratio compressed due to higher current liabilities. Deferred tax assets increased to Rs. 3,226 Lakh, indicating unutilised tax benefits or prior-year tax adjustments.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must vote on final dividend of Rs. 1 per share at the ensuing Annual General Meeting.
👤
Who Is Affected
All equity shareholders as of record date to be announced. Dividend amount depends on shareholding on record date; specific record date not stated in filing.
🔍
Management Signal
Dividend recommendation amid capex expansion (CWIP Rs. 4,149 Lakh) signals confidence in cash generation while funding growth initiatives.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
AGM date and record date for dividend — verify shareholding eligibility before record date
Dividend payment completion — track settlement of Rs. 1/share to demat accounts post approval
Q1 FY27 results — assess if capex deployment sustains profitability amid elevated debt levels
MEDIUM RISK
Current borrowings surged 54.8% to Rs. 5,877 Lakh. Current liabilities grew 36% to Rs. 20,746 Lakh. Capex-heavy phase with rising debt requires earnings momentum confirmation.
💡 Investor Takeaway
Nelco reported consolidated net profit Rs. 1,541 Lakh for FY26 with unmodified audit opinion. Total consolidated assets grew Rs. 5,992 Lakh to Rs. 34,737 Lakh. Capital work-in-progress quadrupled to Rs. 4,149 Lakh indicating expansion phase. Final dividend Rs. 1 per share awaits shareholder approval. Rising current borrowings to Rs. 5,877 Lakh merit monitoring.
⚖️ Strengths & Concerns
✅ Positives
- Auditors issued unmodified opinion confirming true and fair view of consolidated results without qualifications
- Capital work-in-progress Rs. 4,149 Lakh demonstrates active expansion and capacity-building investments
⚠️ Concerns
- Current borrowings increased Rs. 2,082 Lakh to Rs. 5,877 Lakh, raising short-term debt servicing requirements
- Current liabilities jumped Rs. 5,496 Lakh to Rs. 20,746 Lakh, indicating rising operational and contractual obligations
📅 Company Track Record
Nelco is a TATA Enterprise (CIN L32200MH1940PLC003164) incorporated 1940. FY26 consolidated net profit Rs. 1,541 Lakh reported. Group includes subsidiary Nelco Network Products Limited and associate Piscis Networks Private Limited. Prior year (FY25) consolidated total assets Rs. 28,745 Lakh. Dividend history: FY26 recommends Rs. 1/share final.
Based on publicly available historical data. For context only.