Key Metrics of Nelco Limited
About Nelco Limited
Sectors
Company details
- Registered office
- Midc, Plot No. El 6, Ttc Industrial Area, Electronics Zone, Mahape, Navi Mumbai, In-mh, 400710
- Listed
- NSE: NELCO · ₹692.55
Operational Areas of Nelco Limited
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
Sign in with access to company financials to review vendor evidence.
Credit ratings
Rating history
Rating actions
| Date | Agency | Action | Long term | Short term | Outlook | Rated amount | Rationale |
|---|---|---|---|---|---|---|---|
| 11 Feb 2021 | CARE | Other | — | — | — | ₹0 | View |
| 14 Nov 2019 | CARE | Reaffirmed | A | A1 | Stable | ₹255 Cr | View |
| 05 Apr 2019 | CARE | Reaffirmed | A | A1 | Stable | ₹660 Cr | View |
| 16 Mar 2018 | CARE | Revised (from A) | A- | A1 | Stable | ₹390 Cr | View |
| 14 Dec 2016 | CARE | Assigned | A- | A2+ | — | ₹125 Cr | View |
Credit strengths (CARE, Nov 2019)
+ Strong presence in the niche area of VSAT services: The VSAT services are offered under license from Department of
Telecom (DoT), Govt. of India. The operators need to lease satellite transponder space only from Antrix Corporation Ltd. (“Antrix”), a part of ISRO (a Govt. of India Company under Dept. of Space). The VSAT service caters to Wide Area Networking requirements for B2B customers using satellite as the medium of transmission. The VSAT service in India is still a niche play, mainly used by the business customers for reliable connectivity in the remote areas. TNSL is leading service provider to
Credit challenges
—
Could lead to an upgrade
Remarkable increase in scale of operations with the improvement in operational and financial risk profile Improvement in overall gearing ratio below 1 on sustained basis
Could lead to a downgrade
Any debt funded capex impacting coverage ratios as well as overall gearing Deterioration in Total debt to PBILDT ratio above 3 on sustained basis
Borrowings & rated debt
Rated limits over time
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| Facilities Rating1 Action Long-term bank facilities | Working capital & bank lines | — | ₹145 Cr | — | A (Stable) | Reaffirmed | CARE |
| Short-term bank facilities | Working capital & bank lines | — | ₹60.0 Cr | — | A1 | Reaffirmed | CARE |
| Long-term Short-term bank | Working capital & bank lines | — | ₹50.4 Cr | — | A / A1 (Stable) | Reaffirmed | CARE |
CARE ratings on record (checked 23 Oct 2026)
| Instrument | Amount | Rating |
|---|---|---|
| Cash Credit | — | Withdrawn |
| EPC / PCFC / FBP / FBD / WCDL / OD / BG / SBLC | — | Withdrawn |
| Term Loan | — | Withdrawn |
Credit assessment · Manufacturing
Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 35% |
| Information on file | 67% · missing: Capex / investment plans, Auditor details, Recent rating review (last 15 months) |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 41% chance the next rating action is stable or better
Rated limits by facility
Timeline
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Competitors of Nelco Limited
Top competitors by location
| Company | Description | Domain | Founded | Location |
|---|---|---|---|---|
 Voltas |
Consumer Appliances & Air Conditioning · Electrical Equipment & Appliances | voltas.com | — | Mumbai, India |
 Blue Star |
Discovered Companies · Other Industries | bluestarindia.com | — | Mumbai, India |
 AMBER ENTERPRISES INDIA LIMITED |
Contract Manufacturing (CDMO) · Pharmaceuticals & Healthcare | ambergroupindia.com | — | Rajpura Town, Punjab, India |
| Senco Gold Limited | Discovered Companies · Other Industries | — | — | Kolkata, West Bengal, India |
| SKY GOLD AND DIAMONDS LIMITED | Discovered Companies · Other Industries | — | — | Thane, Maharashtra, India |
| Ifb Industries Ltd | Discovered Companies · Other Industries | — | — | Kolkata, West Bengal, India |
| Consumer Appliances & Air Conditioning · Electrical Equipment & Appliances | pgel.in | — | New Delhi, India | |
| SHEELA FOAM LIMITED | Discovered Companies · Other Industries | — | — | Mumbai, Maharashtra, India |
| Discovered Companies · Other Industries | vaibhavglobal.com | 1989 | Jaipur, India | |
| Ttk Prestige Limited | Discovered Companies · Other Industries | — | — | Hosur, Tamil Nadu, India |
Similar companies
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.