₹769.0
+3.26% today
· 30d -10.5%
as of 2026-11-09
Price · Daily Candles
“NELCO's Q4 Revenue Jumps 17%, but Operating Profit Slides Amid Bullish MACD Signal”
NELCO, a Communication Equipment player, reported a 17.27% YoY revenue increase to ₹79 Cr in Q4 2026, yet net profit for the period was a slim ₹1 Cr. The stock has seen a significant price surge of 35.19% over the last month, despite its TTM PE of 623.26 indicating a stretched valuation and its ROCE standing at a moderate 7.0%.
BULL CASE
+Quarterly revenue for Q4 2026 rose by 17.27% YoY to ₹79 Cr.
+The stock price has seen a substantial increase of 35.19% in the last month and 68.28% over the past three months.
+FIIs increased their stake by 0.11% QoQ, now holding 4.72% as of Q4 2026.
+The MACD active signal is strong and bullish, indicating upward momentum.
BEAR CASE
−Quarterly operating profit in Q4 2026 declined by 19.53% YoY, registering ₹7 Cr.
−Annual net profit fell significantly by 65.16% YoY to ₹3 Cr in FY26.
−The trailing twelve-month PE ratio stands at 623.26, indicating a significantly stretched valuation compared to peers.
−Free Cash Flow (FCF) for the company is negative at -₹8 Cr, and ML predictions for 1-year FCF growth are neutral to weak (0.062 - 0.414 rank).
⟳ What Changed
₹ Latest Earnings · Q ending 2026-09-30
REVENUE
₹78 Cr
+5.13% YoY
NET PROFIT
₹2 Cr
+6.79% YoY
OPM
14.42%
+2.85pp YoY
EPS
₹0.76
PE 623.26
Intrinsic value · DCF: N/A — Company is currently free-cash-flow negative (-0.5% of mktcap). DCF assumes a going concern generating positive cash flow; a meaningful intrinsic value can only be computed once FCF turns positive. Use the Strategy Fit and ML sections instead.
◇ Sector Position
NELCO's TTM PE of 623.26 and ROCE of 7.0% position it with a far higher valuation multiple and lower profitability compared to peers like HFCL (PE 98.87, ROCE 10.89%) and ASTRAMICRO (PE 86.67, ROCE 24.55%).
PEERPEROCE %
NELCO623.267.0
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒
32
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
NEUTRAL
40
Valuation
STRETCHED
5
Growth
MUTED
35
Profitability
AVERAGE
42
Technicals
WEAK
40
Risk
ELEVATED
30
Key Stats
TTM PE
623.26
P/B
16.45
52W HIGH
₹1120.0
OFF HIGH
-31.34%
DIV YIELD
0.11%
MKT CAP
₹1758 Cr
◉ Active Signals
MACDNeutral11.7693
RSI(14)Neutral48.41
⧉ Strategy Fit 🔒