Financials Nelco Limited

Equities

NELCO

INE045B01015

Communications & Networking

Delayed Bombay S.E. 03:09:18 08/05/2024 pm IST 5-day change 1st Jan Change
734 INR +0.20% Intraday chart for Nelco Limited -3.64% -7.61%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 3,536 6,235 3,069 4,303 16,309 11,811
Enterprise Value (EV) 1 3,991 6,999 4,141 5,108 16,967 12,280
P/E ratio 29.2 x 28 x 21.3 x 34.8 x 101 x 59.5 x
Yield - 0.55% 0.89% 0.64% 0.25% 0.39%
Capitalization / Revenue 2.36 x 3.26 x 1.4 x 1.9 x 6.27 x 3.77 x
EV / Revenue 2.67 x 3.66 x 1.88 x 2.26 x 6.52 x 3.92 x
EV / EBITDA 15.9 x 19 x 8.64 x 12.7 x 37.5 x 22.3 x
EV / FCF 57.8 x -21.1 x -11.1 x 23.5 x 96.6 x 655 x
FCF Yield 1.73% -4.74% -8.98% 4.25% 1.04% 0.15%
Price to Book 10.5 x 11.2 x 4.66 x 5.68 x 18.3 x 11.3 x
Nbr of stocks (in thousands) 22,817 22,817 22,817 22,817 22,817 22,818
Reference price 2 155.0 273.2 134.5 188.6 714.8 517.6
Announcement Date 20/06/18 21/06/19 18/07/20 22/05/21 10/06/22 25/05/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 1,496 1,910 2,199 2,261 2,601 3,133
EBITDA 1 250.4 368.7 479.4 401.6 453 550.8
EBIT 1 159.4 244.4 305.1 228.3 259.4 339.8
Operating Margin 10.65% 12.8% 13.87% 10.1% 9.97% 10.84%
Earnings before Tax (EBT) 1 152.2 200.2 202.6 158.8 231.5 278.2
Net income 1 121.1 222.9 143.8 123.6 160.8 198.5
Net margin 8.09% 11.67% 6.54% 5.47% 6.18% 6.34%
EPS 2 5.307 9.769 6.302 5.417 7.047 8.699
Free Cash Flow 1 69.02 -331.4 -371.8 217.2 175.7 18.76
FCF margin 4.61% -17.35% -16.91% 9.61% 6.75% 0.6%
FCF Conversion (EBITDA) 27.57% - - 54.1% 38.78% 3.41%
FCF Conversion (Net income) 57% - - 175.77% 109.25% 9.45%
Dividend per Share - 1.500 1.200 1.200 1.800 2.000
Announcement Date 20/06/18 21/06/19 18/07/20 22/05/21 10/06/22 25/05/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 456 764 1,072 805 658 469
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.82 x 2.072 x 2.237 x 2.003 x 1.453 x 0.8522 x
Free Cash Flow 1 69 -331 -372 217 176 18.8
ROE (net income / shareholders' equity) 43.5% 49.7% 23.6% 17.4% 19.5% 20.5%
ROA (Net income/ Total Assets) 6.81% 7.65% 7.37% 5.42% 6.47% 8.08%
Assets 1 1,779 2,915 1,951 2,279 2,486 2,456
Book Value Per Share 2 14.80 24.50 28.90 33.20 39.00 45.80
Cash Flow per Share 2 1.740 2.400 5.750 4.010 6.860 7.080
Capex 1 208 534 480 93 180 251
Capex / Sales 13.9% 27.95% 21.83% 4.11% 6.91% 8.01%
Announcement Date 20/06/18 21/06/19 18/07/20 22/05/21 10/06/22 25/05/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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