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Nelco Valuation Multiples
Discover revenue and EBITDA valuation multiples for Nelco and similar public comparables like Reeder, Microprogram Information, KT SkyLife, Kore Group and more.
Nelco Overview
About Nelco
Nelco Ltd is in the business of providing domestic satellite communication services to close user group (CUG) networks via Satellite System on non-exclusive basis within the territorial boundary of India under the VSAT, ISP and other Licenses and authorisation granted by Department of Telecommunications, Government of India. The company operates in a single reportable segment, namely Network Systems, comprising Satellite Communication (Satcom) Services, which include equipment sales, maintenance, and other allied services. The group earns revenue from providing Satellite communication connectivity systems and solutions through sale of goods, providing installation and annual maintenance services, renting of goods, Integrated Security & Surveillance services.
Founded
1940
HQ

Employees
104
Website
Financials (FY)
EV
$168M
Nelco Financials
Nelco reported last fiscal year revenue of $33M and EBITDA of $5M.
In the same fiscal year, Nelco generated $20M in gross profit, $5M in EBITDA, and $1M in net income.
Revenue (LTM)
Nelco P&L
In the most recent fiscal year, Nelco reported revenue of $33M and EBITDA of $5M.
Nelco expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $33M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $20M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 62% | XXX | XXX | XXX |
| EBITDA | — | XXX | $5M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 16% | XXX | XXX | XXX |
| EBIT Margin | — | XXX | 7% | XXX | XXX | XXX |
| Net Profit | — | XXX | $1M | XXX | XXX | XXX |
| Net Margin | — | XXX | 3% | XXX | XXX | XXX |
| Net Debt | — | — | $3M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Nelco Stock Performance
Nelco has current market cap of $164M, and enterprise value of $168M.
Market Cap Evolution
Nelco's stock price is $7.18.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $168M | $164M | 1.5% | XXX | XXX | XXX | $0.04 |
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Start Free TrialNelco Valuation Multiples
Nelco trades at 5.1x EV/Revenue multiple, and 33.1x EV/EBITDA.
EV / Revenue (LTM)
Nelco Financial Valuation Multiples
As of April 17, 2026, Nelco has market cap of $164M and EV of $168M.
Equity research analysts estimate Nelco's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Nelco has a P/E ratio of 160.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $164M | XXX | $164M | XXX | XXX | XXX |
| EV (current) | $168M | XXX | $168M | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 5.1x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 33.1x | XXX | XXX | XXX |
| EV/EBIT | — | XXX | 69.3x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 8.2x | XXX | XXX | XXX |
| P/E | — | XXX | 160.6x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 507.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Nelco Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Nelco Margins & Growth Rates
Nelco's revenue in the last fiscal year declined by (1%).
Nelco's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.2M for the same period.
Nelco Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | — | XXX | (1%) | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 16% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | (7%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 3% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 55% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Nelco Public Comps
See public comps and valuation multiples for other Satellite Communications and IoT comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Nelco | XXX | XXX | XXX | XXX | XXX | XXX |
| Reeder | XXX | XXX | XXX | XXX | XXX | XXX |
| Microprogram Information | XXX | XXX | XXX | XXX | XXX | XXX |
| KT SkyLife | XXX | XXX | XXX | XXX | XXX | XXX |
| Kore Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Gefran | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Nelco M&A Activity
Nelco acquired XXX companies to date.
Last acquisition by Nelco was on XXXXXXXX, XXXXX. Nelco acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Nelco
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialNelco Investment Activity
Nelco invested in XXX companies to date.
Nelco made its latest investment on XXXXXXXX, XXXXX. Nelco invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Nelco
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Nelco
| When was Nelco founded? | Nelco was founded in 1940. |
| Where is Nelco headquartered? | Nelco is headquartered in India. |
| How many employees does Nelco have? | As of today, Nelco has over 104 employees. |
| Is Nelco publicly listed? | Yes, Nelco is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Nelco? | Nelco trades under NELCO ticker. |
| When did Nelco go public? | Nelco went public in 2003. |
| Who are competitors of Nelco? | Nelco main competitors are Reeder, Microprogram Information, KT SkyLife, Kore Group. |
| What is the current market cap of Nelco? | Nelco's current market cap is $164M. |
| What is the current revenue of Nelco? | Nelco's last fiscal year revenue is $33M. |
| What is the current EV/Revenue multiple of Nelco? | Current revenue multiple of Nelco is 5.1x. |
| Is Nelco profitable? | No, Nelco is not profitable. |
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