A fundamental analysis of Nesco Limited (NESCO) covering revenue trends, profitability, valuation, and shareholding patterns.
Nesco Revenue Trend
Nesco Limited's top line grew 8.0% to ₹846 Cr in FY2025, compared to ₹783 Cr in FY2024.
Over 10 years, Nesco Limited has compounded revenue at 15.8% annually — a strong clip that puts it among the faster growers in its space.
At ₹846 Cr in annual revenue, Nesco Limited is one of the smaller players in the diversified space.
Revenue has moved in the same direction for 4 years running, suggesting the growth trend has structural legs.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹846 Cr | +8.0% |
| FY2024 | ₹783 Cr | +28.6% |
| FY2023 | ₹609 Cr | +59.4% |
| FY2022 | ₹382 Cr | +7.4% |
| FY2021 | ₹356 Cr | — |
View Nesco Limited's full 10-year revenue trend with CAGR analysis →
Nesco Profitability
Bottom-line growth was evident, with Nesco Limited posting ₹375 Cr in net profit for FY2025 — up 3.4% from ₹363 Cr.
On the margin front, the picture weakened — net margin fell to 44.4% from 46.3%.
Earnings per share (diluted) were ₹53.25 in FY2025, up from ₹51.49.
Is Nesco Undervalued
Using the P/E Ratio methodology, the calculated intrinsic value comes to ₹1,120.
Nesco Limited shares are currently trading at ₹1,156.60.
Craytheon also calculates intrinsic value using the EPS Growth model. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹1,120 | 3.1% downside to fair value |
| EPS Growth | Upgrade | Upgrade |
See all valuation models for Nesco Limited with detailed assumptions →
Nesco Shareholding Pattern
No change in promoter stake — it has held at 68.5% for the past 4 quarters.
Foreign institutional investors (FIIs) held 4.6% as of March 2026, down from 4.9% a year ago.
As of March 2026, DIIs own 3.9% of the company — up from 3.1% a year earlier.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| 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% |
| Jun 2025 | 68.5% | 4.9% | 3.1% | 23.5% |
Track quarterly shareholding changes for Nesco Limited →
Nesco Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
In FY2025, the total asset base came in at ₹30.16B, up 13.8% YoY from ₹26.50B.
Property, Plant & Equipment accounts for 34.8% of the total, ahead of Investments (29.4%) and Other Assets (26.1%).
Capital structure: 87.2% equity, 0.0% debt, 12.8% operating liabilities. Over the year, debt is up 274.8% and equity is up 14.5%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 2.61B |
| Receivables | 156.62M |
| Inventories | 104.22M |
| Property, Plant & Equipment | 10.51B |
| Investments | 8.88B |
| Intangibles & Goodwill | 10.10M |
| Other Assets | 7.88B |
| Category | Value |
|---|---|
| Equity | 26.29B |
| Short-term Debt | 1.27M |
| Long-term Debt | 8.43M |
| Trade Payables | 118.51M |
| Other Liabilities | 3.73B |
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 ₹846 Cr in FY2025, up 8.0% year-over-year.
Long-term revenue has been compounding at 15.8% annually over 10 years.
The company is profitable, with a net margin of 44.4% and net income of ₹375 Cr.
The P/E Ratio model implies 3.1% downside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
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.