Nesco quarterly results and financials

Nesco (NESCO)₹1,057+0.76%(9 Nov 2026 close)Diversified Commercial Services

Key facts

In the Sep 2026 quarter (consolidated), Nesco reported sales of ₹229 Cr, down 4.5% from Sep 2025, and net profit of ₹105 Cr, down 11.8% year on year. For the year to Mar 2026, sales were ₹934 Cr and net profit ₹413 Cr.

Sales (Sep 2026): ₹229 Cr
Net profit (Sep 2026): ₹105 Cr
Sales (FY Mar 2026): ₹934 Cr
Net profit (FY Mar 2026): ₹413 Cr
EPS (Sep 2026): ₹14.99
Borrowings (Mar 2026): ₹271 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

Nesco quarterly results

₹ crore unless stated; each column is a quarter.

Nesco Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	179	189	141	193	207	192	193	239	249	253	213	229
Expenses	64.01	72.02	55.02	73.06	81.02	85.07	83.04	103	122	134	109	101
Operating Profit	114	117	86.18	120	125	107	110	136	126	118	102	128
OPM %	64.0%	62.0%	61.0%	62.0%	60.9%	56.0%	56.9%	57.0%	50.9%	46.9%	48.0%	56.0%
Other Income	27.07	31.11	30.08	33.09	31.11	20.06	28.08	24.09	27.09	21.05	44.14	24.07
Interest	5.99	0.00	2.99	5.99	1.99	0.99	3.99	4.99	7.98	7.99	6.99	5.99
Depreciation	13.96	11.95	11.96	11.96	12.95	12.97	10.96	11.96	12.96	13.95	11.95	10.96
Profit before tax	121	136	100	135	142	112	124	143	132	116	127	136
Tax %	22.9%	22.9%	31.0%	21.0%	21.9%	21.0%	21.9%	17.0%	20.9%	19.9%	21.0%	23.0%
Net Profit	94.03	105	69.95	107	110	89.06	96.05	119	105	93.02	100	105
EPS (Rs)	13.36	14.97	9.94	15.23	15.65	12.63	13.68	16.95	14.90	13.25	14.24	14.99

Nesco profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Nesco Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	264	311	322	362	433	292	338	547	679	733	934	942
Expenses	75.02	97.01	103	128	154	105	117	179	252	294	442	466
Operating Profit	190	215	219	233	279	186	220	368	427	439	491	475
OPM %	72.0%	68.9%	68.0%	64.0%	64.0%	64.0%	64.9%	67.0%	63.0%	60.0%	52.9%	50.4%
Other Income	33.11	43.16	36.11	32.09	43.16	65.20	44.14	45.14	105	114	100	116
Interest	3.99	4.99	5.99	4.99	5.99	7.99	8.98	11.98	13.98	11.98	24.95	28.95
Depreciation	6.98	7.98	10.96	11.96	21.94	25.92	27.89	32.91	53.78	49.87	48.82	49.82
Profit before tax	211	244	238	248	292	216	226	367	463	489	516	511
Tax %	31.9%	29.9%	25.0%	26.9%	19.9%	20.0%	15.9%	20.9%	21.9%	23.0%	19.9%	—
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	−3.01	−15.99	−1.01	−13.99	−4.99	—
Net Profit	144	170	179	180	234	172	189	291	363	375	413	403
EPS (Rs)	20.51	24.21	25.43	25.70	33.32	24.58	26.96	41.37	51.67	53.46	58.75	57.38
Dividend payout %	8.0%	9.0%	9.0%	10.0%	9.0%	12.0%	11.0%	11.0%	12.0%	12.1%	12.1%	—

Nesco balance sheet

₹ crore, at each year end.

Nesco Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	14.04	14.04	14.05	14.05	14.06	13.99	14.01	14.01	14.02	14.02	14.04	14.01
Reserves	524	666	836	996	1,155	1,340	1,511	1,681	1,947	2,278	2,614	2,978
Borrowings	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.99	0.00	0.00	0.99	271
Other Liabilities	136	158	182	171	178	251	292	272	297	352	383	419
Total Liabilities	675	840	1,032	1,182	1,348	1,606	1,817	1,968	2,258	2,644	3,013	3,682
Fixed Assets	158	164	187	228	212	774	756	844	801	754	913	1,170
CWIP	100	143	263	358	511	2.01	51.17	82.19	86.16	162	755	765
Investments	383	441	481	498	530	670	808	845	1,159	1,491	1,134	1,516
Other Assets	32.91	89.76	101	98.64	95.71	160	201	196	211	236	211	230
Inventories	8.01	11.02	13.02	12.01	9.01	9.01	7.01	8.01	12.01	14.01	10.01	13.01
Trade receivables	10.99	14.98	11.99	13.99	17.99	16.98	29.99	18.97	22.96	11.98	15.99	18.98
Cash & equivalents	4.99	6.01	6.01	10.01	7.01	13.01	8.99	10.01	18.02	28.01	19.02	25.01
Total Assets	675	840	1,032	1,182	1,348	1,606	1,817	1,968	2,258	2,644	3,013	3,682

Nesco cash flow

₹ crore, for each year.

Nesco Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	103	137	153	146	171	207	130	163	296	376	348	387
Cash from investing activity	−90.80	−110	−153	−123	−155	−157	−133	−142	−267	−333	−314	−608
Cash from financing activity	−10.99	−24.98	0.00	−18.99	−19.99	−47.02	0.00	−20.99	−23.98	−33.01	−41.99	222
Net cash flow	0.99	0.99	0.00	3.99	−3.99	3.99	−2.99	0.00	4.99	9.97	−7.98	0.00
Capex	101	99.78	155	137	150	56.90	57.87	149	11.97	105	782	321
Free cash flow	0.99	36.91	−2.99	8.98	20.93	151	71.87	13.97	283	271	−434	65.84
CFO / OP %	109.0%	105.0%	103.0%	93.0%	106.0%	95.0%	89.0%	94.0%	101.0%	113.0%	107.0%	101.0%

Nesco ratios

Working-capital days and returns, by year.

Nesco Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	21	21	15	17	19	15	38	21	16	8	9	9
Inventory days	—	—	272	249	139	—	160	108	120	84	57	37
Days payable	—	—	462	186	163	—	226	125	146	92	62	42
Cash conversion cycle	19	19	−179	75	−9	13	−32	0	−13	−5	0	0
Working capital days	−40	−19	−24	−108	−55	−38	−57	1	1	−22	−24	−24
ROCE %	29.0%	35.0%	33.0%	26.0%	23.0%	24.0%	16.0%	15.0%	22.0%	22.0%	21.0%	19.0%

Nesco: frequently asked questions

What are the latest quarterly results of Nesco?

For the Sep 2026 quarter, Nesco reported sales of ₹229 Cr, down 4.5% year on year and net profit of ₹105 Cr, down 11.8% year on year. The operating margin was 56.0%.

What is the annual revenue of Nesco?

Nesco's sales for the year to Mar 2026 were ₹934 Cr; over the last twelve months they were ₹942 Cr.

What is the net profit of Nesco?

Net profit for the year to Mar 2026 was ₹413 Cr, and ₹403 Cr over the last twelve months. Earnings per share over the same trailing period were ₹57.38.

How much debt does Nesco have?

Nesco reported borrowings of ₹271 Cr at Mar 2026, against cash and equivalents of ₹25.01 Cr.

What is the free cash flow of Nesco?

Cash from operations was ₹387 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹65.84 Cr.

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