Should I buy or sell NESCO?

The average broker rating on NESCO is Strong Buy. The breakup of analyst rating is given below - 0 analysts have given a strong sell rating 0 analysts have given a sell rating 0 analysts have given a hold rating 0 analysts have given a buy rating 0 analysts have given a strong buy rating

Is NESCO a good stock to invest in?

NESCO can be analyzed on the following key metrics - TTM P/E: 16.59 Sector P/E: 14.12 Dividend Yield: 0.58% D/E ratio: -

Home > Market > Market Stats > NESCO

NESCO Share Price

Sector: Real Estate Operations

514.40 +1.40 (0.27%)

Price Range

Today’s Low 512.65

Today’s High 518.25

52 Week Low 501.1

52 Week High 686.4

Key Metrics

Market Cap (In Cr) 3627.63
Beta 0.68
Div. Yield (%) 0.58
P/B 2.14
TTM P/E 16.59
Peg Ratio 0.29
Sector P/E 14.12
D/E -
Open Price 513
Prev Close 513

View All Metrics on Mint Genie

NESCO Analysis

Price Analysis

1 Week

-1.85%
3 Months

-14.82%
6 Month

-10.33%
YTD

-15.63%
1 Year

-0.28%

Risk Meter

22% Low risk
22% Moderate risk
22% Balanced Risk
22% High risk
22% Extreme risk

Recos

Strong Sell
Sell
Hold
Buy
Strong Buy

NESCO Financials

INCOME
BALANCE SHEET
Cashflow

DATE

Annual

Quarterly

Period
2022

Total Revenue
337.4

Selling/ General/ Admin Expenses Total
88.03

Depreciation/ Amortization
9.76

Other Operating Expenses Total
0.23

Total Operating Expense
143.75

Operating Income
193.64

Net Income Before Taxes
226.46

Net Income
189.17

Diluted Normalized EPS
27

Period
2021

Total Revenue
291.1

Selling/ General/ Admin Expenses Total
87.2

Depreciation/ Amortization
7.37

Other Operating Expenses Total
0.15

Total Operating Expense
131.16

Operating Income
159.94

Net Income Before Taxes
216.31

Net Income
172.46

Diluted Normalized EPS
24.48

Period
2020

Total Revenue
431.73

Selling/ General/ Admin Expenses Total
133.09

Depreciation/ Amortization
7.81

Other Operating Expenses Total
0.48

Total Operating Expense
175.8

Operating Income
255.94

Net Income Before Taxes
292.29

Net Income
233.89

Diluted Normalized EPS
33.2

Period
2019

Total Revenue
359.61

Selling/ General/ Admin Expenses Total
98.4

Depreciation/ Amortization
7.11

Other Operating Expenses Total
0.71

Total Operating Expense
139.2

Operating Income
220.41

Net Income Before Taxes
247.89

Net Income
180.43

Diluted Normalized EPS
25.94

Period
2018

Total Revenue
321.93

Selling/ General/ Admin Expenses Total
80.06

Depreciation/ Amortization
11.03

Other Operating Expenses Total
0.75

Total Operating Expense
112.86

Operating Income
209.07

Net Income Before Taxes
237.93

Net Income
178.72

Diluted Normalized EPS
25.37

Period
2017

Total Revenue
314.25

Selling/ General/ Admin Expenses Total
61.09

Depreciation/ Amortization
8.13

Other Operating Expenses Total
0.33

Total Operating Expense
107.7

Operating Income
206.54

Net Income Before Taxes
244.44

Net Income
169.95

Diluted Normalized EPS
24.12

View detailed financials on Mint Genie

Forecast

Income Sheet (In Cr) Net Income Vs Revenue

Returns Metrics (In Cr) ROA Vs ROE

Forecast

Balance Sheet Asset vs Liability

Forecast

Cash Flow Operating vs Investing

NESCO Peers

Price
Ratio

Name
Latest Price
Change
% Change
52W High
52W Low
Mkt. Cap

Prestige Estates Projects
401.6
2.75
0.69
526.6
375
16098.6

Brookfield India Real Estate Trust REIT
279.99
13.93
5.24
344.7
250.25
9382.1

NESCO
514.4
1.4
0.27
686.4
501.1
3624.46

Kirloskar Industries
2447.95
50.2
2.09
2475.6
1182
2394.16

Hemisphere Properties India
81.48
0.2
0.25
132.3
81
2322.18

NESCO Shareholding

Category
Percentage
No. of shares

Public Shareholding
31.46%
22,169,647

Others
17.01%
11,986,443

FRANKLIN INDIA SMALLER COMPANIES FUND
2.52%
1,776,668

Others
0.52%
364,416

Others
2.37%
1,673,277

Others
2.34%
1,649,644

Others
1.98%
1,397,223

INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS
1.71%
1,203,047

Others
1.24%
873,267

HUF
0.6%
421,708

LLP
0.15%
105,377

Director or Director's Relatives
0.06%
43,525

Clearing Members
0.04%
26,232

Trusts
0.01%
9,503

Others
0.79%
553,935

Others
0.12%
81,247

Others
0%
3,000

Others
0%
715

Others
0%
420

Promoter & Promoter Group Shareholding
68.54%
48,290,313

CHANDLER & PRICE (I) PVT LTD
27.8%
19,584,718

PATEL CONSULTANCY SERVICES PRIVATE LIMITED
7.61%
5,362,500

S J PATEL
12.58%
8,867,335

SUDHABEN SUMANT PATEL
6.49%
4,574,720

S J PATEL HUF
4.49%
3,163,640

KRISHNA SUMANT PATEL
3.02%
2,125,400

AARAV KRISHNA PATEL
0.2%
140,000

ENGINEERING GLOBAL PTE LIMITED
6.35%
4,472,000

Shareholding Pattern

Shareholding Trend

Shareholding(%) v/s Date

Corporate Actions

Board Meeting
AGM
Dividends
Bonus
Split
Rights

Meeting Date
Purpose

09-Feb-23
Quarterly Results

10-Nov-22
Quarterly Results

08-Aug-22
Quarterly Results

25-May-22
Audited Results & Final Dividend

03-Feb-22
Quarterly Results

12-Nov-21
Quarterly Results

11-Aug-21
Quarterly Results

28-May-21
Audited Results & Final Dividend

12-Feb-21
Quarterly Results

Meeting Date
Announced on
Purpose

11-Aug-21
16-Jul-21
AGM

Announced on
Record Date
Ex-Dividend
Dividend Value

25-May-22
-
28-Jul-22
3

28-May-21
-
02-Aug-21
3

Company Profile

ABOUT NESCO

Industry Real Estate Operations
ISIN INE317F01035
BSE Code 505355
NSE Code NESCO

Nesco Limited is engaged in licensing premises in information technology (IT) park buildings and providing related services; licensing premises for exhibitions and providing services to the organizers; manufacturing of machines and capital equipment and hospitality and catering services. Its business segments include Nesco IT Park, which provides office space on lease to companies; Bombay Exhibition Centre, which provides infrastructure to Indian and foreign organizers for guest exhibitions and event; Nesco Foods, which caters to banquets, exhibitions, food and beverage (F&Bs) and offices situated in the Nesco Premises and Indabrator, which is a manufacturer of surface preparation equipment with integrated manufacturing facilities for equipment, spares and abrasives in Gujarat. Its services include shot blasting, shot peering and other surface preparation equipment and systems. It provides spares and abrasives for shot blasting and peening.

MANAGEMENT

Krishna Patel Executive Chairman, Managing Director of the Board
Dipesh Singhania Chief Financial Officer
Jinal Shah Chief Compliance Officer, Company Secretary

NESCO SUMMARY

NESCO is trading 0.27% upper at Rs 514.40 as compared to its last closing price. NESCO has been trading in the price range of 518.25 & 512.65. NESCO has given -15.63% in this year & -1.85% in the last 5 days.

NESCO has TTM P/E ratio 16.59 as compared to the sector P/E of 14.12. There are 2 analysts who have initiated coverage on NESCO. There are 0 analysts who have given it a strong buy rating & 0 analysts have given it a buy rating. 0 analysts have given the stock a sell rating.

The company posted a net profit of 70.08 Crores in its last quarter.

Listed peers of NESCO include Prestige Estates Projects (0.69%), Brookfield India Real Estate Trust REIT (5.24%), NESCO (0.27%) etc.

NESCO has a 68.54% promoter holding & 31.46% public holding.

FAQs about NESCO

NESCO is trading at 514.40 as on 29 Mar, 2023 3:50:22 PM. This is 0.27% upper as compared to its previous closing price of 513

The market capitalization of NESCO is 3627.63 Cr as on 29 Mar, 2023 3:50:22 PM.

The average broker rating on NESCO is Strong Buy. The breakup of analyst rating is given below -

0 analysts have given a strong sell rating
0 analysts have given a sell rating
0 analysts have given a hold rating
0 analysts have given a buy rating
0 analysts have given a strong buy rating

The 52 wk high for NESCO is 686.4 whereas the 52 wk low is 501.1

NESCO can be analyzed on the following key metrics -

TTM P/E: 16.59
Sector P/E: 14.12
Dividend Yield: 0.58%
D/E ratio: -

NESCO reported a net profit of 189.17 Cr in 2022.

NESCO Share Price

Price Range