Nesco Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 14.09 Cr
as on 16-11-2024
- Company Age 78 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.23 Cr
as on 16-11-2024
- Satisfied Charges ₹ 23.81 Cr
as on 16-11-2024
- Revenue 59.39%
(FY 2023)
- Profit 53.60%
(FY 2023)
- Ebitda 59.10%
(FY 2023)
- Net Worth 15.90%
(FY 2023)
- Total Assets 14.91%
(FY 2023)
About Nesco
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505355 and on the National Stock Exchange(NSE) under NESCO.
The Corporate was formerly known as New Standard Engineering Company Limited. The Company is engaged in the Electrical 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 15.00 Cr and a paid-up capital of Rs 14.09 Cr.
The company currently has active open charges totaling ₹10.23 Cr. The company has closed loans amounting to ₹23.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Nesco Limited India are Ms Kamath as COMPANY SECRETARY and Dipesh Singhania as Cfo. Arun Lalchand, Krishna Patel, Manish Panchal, and Three other members serve as directors at the Company.
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Nesco Limited offer?
Nesco Limited offers a wide range of products and services, including Casting, Moulding & Forging Machines, Foundry Machinery, Electrical & Signaling Contractors, Cabling Service, Surface Coating & Paint Equipment, Paint Booth, Cleaning Machines & Equipments, Shot Blasting Machines, Abrasives & Grains, Cut Wire Shot.
Who are the key members and board of directors at Nesco?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishna Patel  | Managing Director | 30-Jun-2008 | Current |
| Dipesh Singhania | CFO | 23-May-2015 | Current |
| Ms Kamath | Company Secretary | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ramakrishnan Ramamurthi | Director | 15-Jul-2023 | Current |
| Manish Panchal | Director | 15-Jul-2023 | Current |
| Amrita Chowdhury | Director | 14-May-2019 | Current |
| Arun Lalchand | Director | 07-Mar-2024 | Current |
| Sudhaben Patel | Director | 16-Jul-2001 | Current |
Financial Performance and Corporate Structure Insights of Nesco.
Nesco Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 59.39% increase. The company also saw a substantial improvement in profitability, with a 53.6% increase in profit. The company's net worth Soared by an impressive increase of 15.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Nesco?
In 2022, Nesco had a promoter holding of 68.54% and a public holding of 31.46%. 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)
The Indian Society Of AdvertisersActive 72 years 5 monthsRamakrishnan Ramamurthi is a mutual person
Zf Commercial Vehicle Control Systems India LimitedActive 20 years 30 daysAmrita Chowdhury is a mutual person
Aaji Care Home Health Services Private LimitedActive 10 years 5 monthsManish Panchal is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 09 Apr 2024 | ₹10.00 Cr | Open |
Industrial Reconstruction Bank Of India Creation Date: 26 Dec 1985 | ₹2.25 M | Open |
Axis Bank Limited Creation Date: 18 Oct 2006 | ₹5.00 Cr | Satisfied |
How Many Employees Work at Nesco?
Nesco has a workforce of 300 employees as of Apr 06, 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 Nesco, 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 Nesco'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.
