Nelco Profile
Key Indicators
- Authorised Capital ₹ 55.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 22.82 Cr
as on 16-11-2024
- Company Age 84 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 136.42 Cr
as on 16-11-2024
- Satisfied Charges ₹ 457.58 Cr
as on 16-11-2024
- Revenue 37.03%
(FY 2023)
- Profit 88.28%
(FY 2023)
- Ebitda 87.25%
(FY 2023)
- Net Worth 19.61%
(FY 2023)
- Total Assets 11.78%
(FY 2023)
About Nelco
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 504112 and on the National Stock Exchange(NSE) under NELCO.
The Corporate was formerly known as The National Radio & Engineering Company Ltd. The Company is engaged in the Telecom Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 55.00 Cr and a paid-up capital of Rs 22.82 Cr.
The company currently has active open charges totaling ₹136.42 Cr. The company has closed loans amounting to ₹457.58 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Nelco Limited India are Malav Shah as CFO and Ritesh Kamdar as Company Secretary. Narasimha Kummamuri, Ajay Pandey, Pradip Nath, and Three other members serve as directors at the Company.
Industry
Company Details
- Location
Thane, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Nelco Limited offer?
Nelco Limited offers a wide range of products and services, including Computer Hardware & Network Support, Data Centre Solution, IT, Networking & Automation Solution, IT Solutions, Networking Solutions, Managed Network Service, Intruder Alarm, Intrusion Detection Systems, Textile Software, Tailoring Software.
Who are the key members and board of directors at Nelco?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pradip Nath  | Managing Director | 13-Jun-2012 | Current |
| Malav Shah | CFO | 01-Jan-2022 | Current |
| Ritesh Kamdar | Company Secretary | 17-May-2024 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amur Swaminathan | Director | 29-May-2022 | Current |
| Narasimha Kummamuri | Director | 28-Jan-2020 | Current |
| Ajay Pandey | Director | 28-Jan-2020 | Current |
| Lakshmi Nadkarni | Director | 28-Jan-2020 | Current |
| Saurabh Ray | Director | 26-Apr-2022 | Current |
Financial Performance and Corporate Structure Insights of Nelco.
Nelco Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.03% increase. The company also saw a substantial improvement in profitability, with a 88.28% increase in profit. The company's net worth Soared by an impressive increase of 19.61%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Nelco?
In 2023, Nelco had a promoter holding of 50.09% and a public holding of 49.91%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 07 Jun 2022 | ₹25.00 Cr | Open |
Axis Bank Limited Creation Date: 12 Jan 2007 | ₹38.00 Cr | Open |
Union Bank Of India Creation Date: 02 Feb 1996 | ₹1.67 Cr | Open |
How Many Employees Work at Nelco?
Nelco has a workforce of 94 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Nelco, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nelco's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
