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NESCO Ltd share Price Today

Company details

918.65
949.25
601.00
1,003.00
6M Return 7.93%
1Y Return 51.05%
Mkt Cap.(Cr) 6,564.41
Volume 124,988
Div Yield 0.64%
OI
-
OI Chg %
-
Volume 124,988

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Realty company Nesco announced Q3FY24 & 9MFY24 results:

Consolidated Q3FY24:

  • Total Income stood at Rs 204.61 crore compared to Q3FY23, Rs 162.18 crore, indicating an increase of 26.16%.
  • Profit after tax at Rs 93.75 crore as compared to Rs 70.08 crore in Q3FY23, marking an increase of 33.78%.
  • IT Park division revenue stood at Rs 80.06 crore compared to Rs 77.63 crore in Q3FY23.
  • Bombay Exhibition Center division earned revenue of Rs 59.31 crore compared to Q3FY23, Rs 38.01 crore.
  • Foods and Indabrator divisions generated revenue of Rs 26.53 crore and Rs 11.86 crore respectively.
  • Nesco continued to be debt-free with liquid resources of over Rs 1471 crore as of December 31, 2023.

Consolidated 9MFY24:

  • Total Income stood at Rs 563.43 crore compared to 9MFY23, Rs 431.53 crore, representing an increase of 30.57%.
  • Total Profit after Tax stood at Rs 257.62 crore compared to 9MFY23, Rs 205.68 crore, marking an increase of 25.25%.
  • IT Park division revenue stood at Rs 236.39 crore compared to 9MFY23, Rs 222.68 crore.
  • The Bombay Exhibition Center division earned revenue of Rs 146.31 crore compared to 9MFY23, Rs 107.93 crore, reflecting an increase of 35.56%.
  • Foods division generated revenue of Rs 70.27 crore, which is an increase of 152.04% over 9MFY23.
  • Indabrator division earned revenue of Rs 36.24 crore, representing an increase of 19.72% over 9MFY23.

Result PDF

View Other Company Results

NESCO Ltd shares SWOT Analysis

Strengths (17)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth
  • Good quarterly growth in the recent results

Weakness (1)

  • MFs decreased their shareholding last quarter

Opportunity (1)

  • Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE

Threats (0)

Data not found

Resistance and support

R1 947.7
R2 963.8
R3 978.3
Pivot

933.18

S1 917.1
S2 902.6
S3 886.5
EMA SMA
920.3
887.8
861.8
814.5
907.8
873.0
861.1
814.8
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-11-10 741.08 414251 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2023-11-10 741.82 414251 NSE
FRANKLIN TEMPLETON MUTUAL FUND Bulk Purchase 2017-07-06 2385 100000 BSE
Name Category Shares
LATE S J PATEL PROMOTER 12.58%
SUDHABEN SUMANT PATEL PROMOTER 6.49%
S J PATEL HUF PROMOTER 4.49%
KRISHNA SUMANT PATEL PROMOTER 3.02%
CHANDLER & PRICE (I) PVT LTD PROMOTER 27.8%
PATEL CONSULTANCY SERVICES PRIVATE LIMITED PROMOTER 7.61%
ENGINEERING GLOBAL PTE LIMITED PROMOTER 6.35%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

NESCO Ltd Stocks COMPARISON

Financials( in Cr) NESCO Ltd DLF Ltd Godrej Properties Ltd Prestige Estates Projects Ltd Oberoi Realty Ltd
Price 931.65 824.65 3,077.20 1,989.80 1,829.30
% Change -0.88 -1.88 -1.09 -3.26 -4.07
Mcap Cr 6,564.41 204,126.60 85,558.78 79,763.52 66,513.71
Revenue TTM Cr 546.00 5,694.83 2,252.26 8,315.00 4,495.79
Net Profit TTM Cr 290.64 1,100.92 620.60 1,066.80 1,926.60
PE TTM 18.22 76.26 119.27 59.98 39.46
1 Year Return 51.05 72.83 100.38 244.05 86.23
ROCE 19.01 4.51 5.64 10.43 16.30
ROE 15.87 2.97 5.80 8.57 14.79
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,964.59 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 34,603.75 11,365.18
LAST 3M 103,254.09 -13,985.70
LAST 6M 182,650.74 -3,739.19
LAST 12M 295,819.56 101,589.49

NESCO Ltd Information

Stock PE (TTM)
18.22
Promoter Holding
68.54%
Book Value
325.9301
ROCE
19.01%
ROE
15.87%
Description
  • NESCO is an Indian company involved with the licensing and leasing of various types of real estate with a special focus on commercial real estate. Group companies of NESCO also have an interest in the arts and entertainment, hospitality, exhibitions, and engineering sectors. The company has been operating since 1946 and has its headquarters in Mumbai. 

    On 21 December 2022, the market capitalisation of the company was Rs 4,323.07 crore. It reported consolidated sales of Rs 337.4 crore at the end of September 2022. The company is listed on the Bombay Stock Exchange with the code 505355 and the National Stock Exchange with the code NESCO.  

    On 30 September 2022, the company’s shareholding pattern indicated a promoter stake of 68.54%, mutual funds and Domestic institutional investors (DIIs) held a 3.36% stake, and the public held a stake of 27.16% in the company, while foreign institutional investors (FII), at present, have no stake in the company. The company’s shareholding pattern has remained largely consistent over the past year, with the exception that the FII stake in the company has gone down from around 2% to nil. 

    The company’s board of directors comprises Krishna S Patel, Sumant J Patel, Sudha S Patel, Amrita Verma Chowdhury, Jai S Diwanji, K S Srinivasa Murty, Mahendra K Chouhan, and Manu M Parpia. The auditors are Manubhai & Shah LLP. On 30 September 2022, the company had a total of 7.05 crore shares outstanding.

    On 21 December 2022, NATCO Ltd.’s share price on BSE was Rs 614.70, and it was Rs 615.00 on NSE. The share price touched a 52-week high of Rs 686.45 and a 52-week low of Rs 501.95. Its three-month return to investors was 2.58%, while its one-year return was 7.72%.

    As of November 2022, Franklin India Smaller Companies Direct had invested Rs 113.36 crore in the company, while UTI Small Cap Fund Direct-G and ICICI Pru S&P BSE 500 ETF-G had invested Rs 23.5 and Rs 0.01 crore, respectively. 

    The company’s peers include Mahindra Lifespace, Sobha, and Sunteck Realty.

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

No Data Found

AGM Date (Month) : Aug
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 505355
NSE Code : NESCO
Book Closure Date (Month) : Jul/Aug
BSE Group : A
ISIN : INE317F01035

FAQ’s on NESCO Ltd Shares

You can buy NESCO Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy NESCO Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 25, 2024 04:01 PM the closing price of NESCO Ltd was Rs.931.65.

The latest PE ratio of NESCO Ltd as of Jun 25, 2024 04:01 PM is 18.22

The latest PB ratio of NESCO Ltd as of Jun 25, 2024 04:01 PM is 0.35

The 52-week high of NESCO Ltd share price is Rs. 1,003.00 while the 52-week low is Rs. 601.00

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 25, 2024 04:01 PM, the market cap of NESCO Ltd stood at Rs. 6,564.41 Cr.

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