NELCO Ltd dividend

NELCO Ltd dividend

stocks purchased

₹ 0.2 Cr

Volume transacted

stocks purchased

3.0 K

stocks traded






Last updated : FY 2023

Key Highlights

    The Dividend per Share of NELCO Ltd is ₹ 2 as of 2023 .a1#The Dividend Payout of NELCO Ltd changed from 19.32 % on March 2019 to 21.86 % on March 2023 . This represents a CAGR of 2.50% over 5 years. a1#The Latest Trading Price of NELCO Ltd is ₹ 747.85 as of 21 May 15:30 .a1#The Market Cap of NELCO Ltd changed from ₹ 623.56 crore on March 2019 to ₹ 1181 crore on March 2023 . This represents a CAGR of 13.63% over 5 years. a1#The Revenue of NELCO Ltd changed from ₹ 81.97 crore to ₹ 82.34 crore over 8 quarters. This represents a CAGR of 0.23% a1#The EBITDA of NELCO Ltd changed from ₹ 14.88 crore to ₹ 15.45 crore over 8 quarters. This represents a CAGR of 1.90% a1#The Net Profit of NELCO Ltd changed from ₹ 4.72 crore to ₹ 5.95 crore over 8 quarters. This represents a CAGR of 12.28% a1#

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Share Price Vs Dividend Yield


Fundamental Metrics

Market Cap

1,670 Cr



P/E Ratio (TTM) *


P/B Ratio (TTM) *








Dividend Yield *




Dividend Payout *


Ann.Dividend % *


* All values are consolidated

* All values are consolidated


Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Mar '1919
Mar '2020
Mar '2122
Mar '2237
Mar '2322

* All values are a in %

Dividend per Share (DPS) Over Time



Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers





* All values are in %

Net Profit Vs Dividend Per Share







stock direction

Last updated : 21 May 15:30

SWOT Analysis Of NELCO Ltd













Dividend Overview for NELCO Ltd

  • NELCO Ltd, boasts of a market capitalization of Rs 1671 Cr., with a share price of Rs 747.85 as of 21 May 15:30. While all stocks don't consistently pay dividends, NELCO Ltd rewarded its shareholders, distributing 21.9 % for the full year.
  • In the year ending 2022, NELCO Ltd declared a dividend of Rs 2, resulting in a dividend yield of 0.3% Assessing its dividend-paying capacity and valuation is crucial to determine its suitability as a dividend stock.
  • During the year ending 2023, NELCO Ltd recorded revenues of Rs 320 Cr, with a trailing EBITDA Margin of 19.3% and net-profit of Rs 24 Cr

Overview of Dividend

Types of Dividend

Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.

Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.

Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.

Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Mar '19624
Mar '20307
Mar '21430
Mar '221631
Mar '231181

* All values are a in crore


Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Jun '2282
Sep '2276
Dec '2275
Mar '2283
Jun '2379
Sep '2377
Dec '2384
Mar '2382

* All values are a in crore


EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Jun '2215
Sep '2215
Dec '2216
Mar '2218
Jun '2315
Sep '2314
Dec '2317
Mar '2315

* All values are a in crore


Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Jun '225
Sep '224
Dec '225
Mar '226
Jun '236
Sep '236
Dec '236
Mar '236

* All values are a in crore

About NELCO Ltd

About NELCO Ltd

    NELCO Limited (Formerly known as National Radio & Electronics Company) was promoted in 1940 by the Investment Corporation of India, inter alia, to manufacture broadcasting equipment. The Company had two wholly owned subsidiaries viz. Tatanet Services Ltd. (TNSL) & Nelco Network Products Ltd. (NNPL). The Company is a subsidiary of The Tata Power Company Limited. The Company was engaged in providing end to end networking solutions (Satcom Projects) services, sale/rental of VSATs and maintenance of private hubs and hybrid networks for its customers (Equipment business and related services). TNSL was engaged in the Satellite Communication services (VSAT Bandwidth services) and NNPL did not commence its operations. NELCO has technical collaboration/technical transfer agreements with Serck Control, UK, for 16 RIT industrial micro computers; and with Teleglobe, Canada, for data communication networks. It introduced telebanking in the nationalised banks and computerised more than 65 branches of 28 banks all over India. It also introduced India's first LAN inter-connectivity products. The company has diversified its activities in the electronic field and manufactures televisions, computer and telecommunication systems, as well as industrial systems and plans to set up a new factory to manufacture and sell telecommunication systems. NELCO transferred its business systems division to a new subsidiary -- Nelito Systems, formed in association with Itochu Corporation, Japan. NELCO has been selected by Chittararanjan Locomotive Works for power control and auxillary equipment of 6000 HP AC locomotives. This project was executed successfully in 2001 and were approved by RDSO. NELCO and General Electric (GE) of USA have signed a co-operation agreement which will enable GE and NELCO to play complementary role in providing state-of-the-art drive and automation systems for the metal industries in India. The construction of Technopolis Knowledge Park (TKP) at Andheri was completed by the company, with the assistance of Tata Housing Development Company. The company has executed orders for defence requirement in 2001-02 and the company has orders worth Rs.12.80 crores for supply of Global Positioning Receivers for Army and Airforce,for execution in 2002-03. The Tatanet Division of NELCO introduced exclusive third generation broadband VSAT technology from Viasat, USA in 2004. Tatanet Division launched the Tata Indicom VSAT services brand in 2006. The Company became the subsidiary of The Tata Power Company Limited during 2005-06. Further, it launched 'Readynet' through its channels to cater to both Mid market and SME segment in 2008. In 2009-10, the Company transferred the Traction Electronics, Industrial Drives and the Supervisory Control and Data Acquisition (SCADA) businesses to Crompton Greaves Limited (CGL) through slump sale basis effective on 28 July, 2010. In 2015, it set up a new hub in Dehradun, which became operative from December, 2014. During the year 2016-17, the company had set up a new Extended-C VSAT Hub in Mahape which got operational from May 2016. In 2020, it launched its SatCom services for both Maritime and Aero IFC under the In-flight and Maritime Communication (IFMC) license frm Government of India. During the year 2022, the Company received approval from Department of Telecommunications (DoT) for transfer of VSAT and ISP license held by subsidiary Company Tatanet Service Limited (TNSL) to Nelco Limited. Upon approval from DoT, the Scheme of Restructuring became effective from April 1, 2017. Pursuant to approval, the Proposed Scheme accounted for as follows. Discontinued operations were transferred to Nelco Network Products Limited (NNPL). Resulting to this, it acquired from the Company two businesses on a going concern basis by way of slump sale comprising of Industrial Security and Surveillance System (ISSS) and sale and maintenance of VSAT and related equipment and TNSL got merged with the Company.

NELCO Ltd News Hub


Board of NELCO recommends final dividend

NELCO announced that the Board of Directors of the Company at its meeting held on 23 April...

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23 Apr 2024 17:28


NELCO to announce Quarterly Result

NELCO will hold a meeting of the Board of Directors of the Company on 23 April 2024. Power...

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12 Apr 2024 17:11


Nelco gains after Q3 PAT climbs 23% YoY to Rs 6 cr

Total income stood at Rs 84.08 crore in Q3 FY24, registering a growth of 12.23% from Rs 74...

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15 Jan 2024 14:48


NELCO to table results

NELCO will hold a meeting of the Board of Directors of the Company on 15 January 2024. Pow...

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06 Jan 2024 11:20


NELCO announces board meeting date

NELCO will hold a meeting of the Board of Directors of the Company on 16 October 2023. Pow...

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06 Oct 2023 10:03


NELCO hikes stake in Piscis Network to 31.72%

NELCO has further subscribed 3,633 equity shares of face value of Rs.10/- each of Piscis N...

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25 Sep 2023 15:47

FAQs for dividends of NELCO Ltd

What is the current market price of NELCO Ltd Ltd as of May 21, 2024?

The current market price of NELCO Ltd Ltd stands at 747.8 per share.

What dividend did NELCO Ltd declare in the last fiscal year?

In the last fiscal year, NELCO Ltd declared a dividend totaling ₹2.2.

What is the most recent dividend declared by NELCO Ltd?

NELCO Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has NELCO Ltd declared dividends in the current fiscal year

NELCO Ltd has declared dividends 4 times totaling ₹2 in the current fiscal year (FY2023-2024).

How many times did NELCO Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), NELCO Ltd declared dividends 4 times totaling ₹2.
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