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NELCO Ltd
| Audited Consolidated Assets & Liabilities – Q4 & FY Ended Mar 31, 2026
Report Source
⬤20th Apr 26
Summary : Nelco Limited reported a decline in net profit for FY26, despite an unmodified audit opinion and recommended dividend.
Quarterly Report Analysis & Insights
Financial Disclosures
- Consolidated Total Expenses: Rs. 27,804 Lakhs (FY26) vs Rs. 26,290 Lakhs (FY25).
- Standalone Total Expenses: Rs. 17,724 Lakhs (FY26) vs Rs. 17,549 Lakhs (FY25).
- Consolidated Total Income: Rs. 31,096 Lakhs (FY26) vs Rs. 31,005 Lakhs (FY25).
- Standalone Total Income: Rs. 20,170 Lakhs (FY26) vs Rs. 20,958 Lakhs (FY25).
- Consolidated Net cash from operating activities: Rs. 1,526 Lakhs (FY26) vs Rs. 1,966 Lakhs (FY25).
- Consolidated Net cash used in investing activities: Rs. (2,076) Lakhs (FY26) vs Rs. (1,654) Lakhs (FY25).
- Consolidated Net cash from financing activities: Rs. 1,104 Lakhs (FY26) vs Rs. (1,106) Lakhs (FY25).
- Standalone Net cash from operating activities: Rs. 2,241 Lakhs (FY26) vs Rs. 1,242 Lakhs (FY25).
- Consolidated Total Assets: Rs. 34,737 Lakhs (FY26) vs Rs. 28,745 Lakhs (FY25).
- Standalone Total Assets: Rs. 23,239 Lakhs (FY26) vs Rs. 18,333 Lakhs (FY25).
- Consolidated Capital work-in-progress: Rs. 4,149 Lakhs (FY26) vs Rs. 870 Lakhs (FY25).
- Consolidated Cash and cash equivalents: Rs. 1,939 Lakhs (FY26) vs Rs. 1,385 Lakhs (FY25).
- Consolidated Net Profit: Rs. 332 Lakhs (FY26) vs Rs. 953 Lakhs (FY25).
- Standalone Net Profit: Rs. 609 Lakhs (FY26) vs Rs. 981 Lakhs (FY25).
Corporate Overview
- Impact of new Labour Codes recognized as exceptional item.
- Capital work-in-progress increased significantly to Rs. 4,149 Lakhs (Consolidated).
Risk Factors
- Significant decline in net profit.
- Exceptional item from new labor codes.
- Decreased earnings per share.
- Increased capital work-in-progress.
Key Drivers
- Unmodified audit opinion received.
- Final dividend of Rs. 1 recommended.
- Cash and cash equivalents increased.
- Total assets show healthy growth.
Auditor’s Report
- Unmodified opinion on Consolidated Financial Results.
- Unmodified opinion on Standalone Financial Results.
Board Commentary
- Board recommended a final dividend of Rs. 1/- per share (10%) for FY26.
- Exceptional item recognized due to new Labour Codes.
- Capital work-in-progress increased to Rs. 4,149 Lakhs (Consolidated).
Management Discussion & Analysis
Critical Risks
- Significant decline in net profit for the financial year.
- Exceptional item related to new Labour Codes.