A fundamental analysis of Nesco Limited (NESCO) covering revenue trends, profitability, valuation, and shareholding patterns.
Nesco Revenue Trend
Nesco Limited's top line grew 27.3% to ₹932 Cr in FY2026, compared to ₹732 Cr in FY2025.
The 10-year revenue CAGR of 13.3% is a good number — Nesco Limited's top line has expanded meaningfully from ₹266 Cr to ₹932 Cr.
At ₹932 Cr in annual revenue, Nesco Limited is one of the smaller players in the diversified space.
Revenue has moved in the same direction for 5 years running, suggesting the growth trend has structural legs.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹932 Cr | +27.3% |
| FY2025 | ₹732 Cr | +7.9% |
| FY2024 | ₹678 Cr | +11.3% |
| FY2023 | ₹609 Cr | +59.4% |
| FY2022 | ₹382 Cr | — |
View Nesco Limited's full 10-year revenue trend with CAGR analysis →
Nesco Profitability
Bottom-line growth was evident, with Nesco Limited posting ₹413 Cr in net profit for FY2026 — up 10.0% from ₹375 Cr.
On the margin front, the picture weakened — net margin fell to 44.3% from 51.3%.
Earnings per share (diluted) were ₹58.88 in FY2026, up from ₹53.25.
Is Nesco Undervalued
Nesco Limited shares are currently trading at ₹1,073.40.
Craytheon calculates intrinsic value using the P/E Ratio, DCF, and EPS Growth models. All three appear in the Valuation Models cards below.
Valuation Models
Nesco Shareholding Pattern
No change in promoter stake — it has held at 68.5% for the past 4 quarters.
Foreign institutional investors (FIIs) held 4.3% as of June 2026, down from 4.9% a year ago.
As of June 2026, DIIs own 4.1% of the company — up from 4.0% a year earlier.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Jun 2026 | 68.5% | 4.3% | 4.1% | 23.0% |
| Mar 2026 | 68.5% | 4.6% | 3.9% | 23.0% |
| Dec 2025 | 68.5% | 4.7% | 3.8% | 23.0% |
| Sep 2025 | 68.5% | 4.9% | 4.0% | 22.6% |
Track quarterly shareholding changes for Nesco Limited →
Nesco Balance Sheet
Proportional view as of 3 Aug 2026. Hover blocks for details.
Assets
Liabilities & Equity
In FY2026, the total asset base came in at ₹36.89B, up 22.3% YoY from ₹30.16B.
Property, Plant & Equipment accounts for 36.3% of the total, ahead of Investments (31.5%) and Other Assets (21.2%).
Capital structure: 81.2% equity, 7.4% debt, 11.4% operating liabilities. Over the year, debt is up 27,912.4% and equity is up 14.0%.
Balance sheet composition — FY 2026
| Category | Value |
|---|---|
| Cash & ST Investments | 3.73B |
| Receivables | 192.80M |
| Inventories | 129.90M |
| Property, Plant & Equipment | 13.41B |
| Investments | 11.61B |
| Intangibles & Goodwill | 8.40M |
| Other Assets | 7.81B |
| Category | Value |
|---|---|
| Equity | 29.96B |
| Short-term Debt | 31.50M |
| Long-term Debt | 2.69B |
| Trade Payables | 153.80M |
| Other Liabilities | 4.05B |
Nesco Key Takeaways
Pulling it all together, here's what the numbers say about Nesco Limited (NESCO) heading into the next fiscal year.
Revenue of ₹932 Cr in FY2026, up 27.3% year-over-year.
Long-term revenue has been compounding at 13.3% annually over 10 years.
The company is profitable, with a net margin of 44.3% and net income of ₹413 Cr.
Unlock Full Analysis
See the full picture — Craytheon tracks 10 years of financial data with interactive charts, growth trends, and three valuation models for Nesco Limited.