Cash flow Nesco Limited

Stocks

NESCO

INE317F01035

Real Estate Development & Operations

Market Closed - Bombay S.E. Other stock markets 11:00:49 15/06/2026 BST			5-day change	1st Jan Change
1,105.10 ^INR	+1.44%		+1.84%	-9.91%

06-08	Indian shares set to fall as oil spike, Asia selloff hurt sentiment	RE
05-25	Nesco Limited Announces Board and Committee Changes, Effective June 1, 2026	CI

52ce2fb297270ae1c16f2fe47.OJo4_hju1WkaZyYBPwMte-ZqNGXPbqOYyi7Ssl1xdTY.AK5NkiismURZHxJYD2oaTNEAYQSKDMXhnGqI_HBHEnlyynG9e6CsM04oVQ

Published financial data: NESCO LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Rental Revenues	2.91B	3.37B	5.46B	6.78B	7.32B
Interest and Investment Income, Total (Revenue Block)	234M	223M	377M	671M	952M
Gain (Loss) on Sale of Investments, Total (Rev)	392M	199M	240M	368M	150M
Other Revenues, Total	11.93M	10.91M	3.74M	6.47M	154K
Total Revenues	3.55B	3.81B	6.08B	7.83B	8.42B
Property Expenses	246M	400M	563M	831M	937M
Selling General & Admin Expenses, Total	17.55M	9.45M	45.11M	46.57M	73.28M
Depreciation & Amortization - (IS) - (Collected)	257M	283M	328M	542M	499M
Provision for Bad Debts	-	-	-	-	-
Other Operating Expenses	791M	762M	1.18B	1.64B	1.93B
Total Operating Expenses	1.31B	1.45B	2.11B	3.06B	3.44B
Operating Income (REIT / Utility Template)	2.24B	2.35B	3.97B	4.77B	4.98B
Interest Expense, Total	-80.53M	-91.05M	-119M	-134M	-115M
Net Interest Expenses	-80.53M	-91.05M	-119M	-134M	-115M
Currency Exchange Gains (Loss)	-128K	-146K	-31K	-	-
Other Non Operating Income (Expenses)	6.98M	15.42M	8.73M	-2.45M	26.33M
EBT, Excl. Unusual Items	2.16B	2.28B	3.86B	4.63B	4.89B
Gain (Loss) on Sale of Investments	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-13.08M	-187M	-	-
Asset Writedown	-	-	-	-	-413K
EBT, Incl. Unusual Items	2.16B	2.26B	3.67B	4.63B	4.89B
Income Tax Expense	439M	373M	763M	1B	1.14B
Earnings From Continuing Operations	1.72B	1.89B	2.91B	3.63B	3.75B
Net Income to Company	1.72B	1.89B	2.91B	3.63B	3.75B
Minority Interest	-	-	-	-	-
Net Income - (IS)	1.72B	1.89B	2.91B	3.63B	3.75B
Net Income to Common Incl Extra Items	1.72B	1.89B	2.91B	3.63B	3.75B
Net Income to Common Excl. Extra Items	1.72B	1.89B	2.91B	3.63B	3.75B
Per Share Items
Net EPS - Basic	24.48	26.85	41.25	51.49	53.25
Basic EPS - Continuing Operations	24.48	26.85	41.25	51.49	53.25
Basic Weighted Average Shares Outstanding	70.46M	70.46M	70.46M	70.46M	70.46M
Net EPS - Diluted	24.48	26.85	41.25	51.49	53.25
Diluted EPS - Continuing Operations	24.48	26.85	41.25	51.49	53.25
Diluted Weighted Average Shares Outstanding	70.46M	70.46M	70.46M	70.46M	70.46M
Normalized Basic EPS	19.19	20.2	34.21	41.07	43.39
Normalized Diluted EPS	19.19	20.2	34.21	41.07	43.39
Dividend Per Share	3	3	4.5	6	6.5
Payout Ratio	-	11.17	7.27	8.74	11.27
Supplemental Items
EBITDA	2.49B	2.63B	4.29B	5.31B	5.48B
EBITA	2.24B	2.36B	3.97B	4.77B	4.99B
EBIT	2.24B	2.35B	3.97B	4.77B	4.98B
EBITDAR	2.5B	2.64B	4.31B	5.33B	5.54B
Total Revenues (As Reported)	3.56B	3.82B	6.09B	7.83B	8.46B
Effective Tax Rate - (Ratio)	20.27	16.47	20.8	21.64	23.3
Total Current Taxes	337M	422M	826M	1.05B	1.13B
Total Deferred Taxes	102M	-43.95M	-64.86M	-51.43M	23.01M
Normalized Net Income	1.35B	1.42B	2.41B	2.89B	3.06B
Interest on Long-Term Debt	-	519K	419K	287K	780K
Non-Cash Pension Expense	1.34M	2.01M	2.22M	2.86M	2.49M
Supplemental Operating Expense Items
Advertising Expense	9.34M	4.85M	23.78M	22.92M	14.85M
Selling and Marketing Expenses	9.34M	4.85M	23.78M	22.92M	14.85M
Net Rental Expense, Total	8.21M	4.6M	21.33M	23.65M	58.43M
Imputed Operating Lease Interest Expense	-	-	3.9B	7.58B	8.72B
Imputed Operating Lease Depreciation	-	-	-3.88B	-7.56B	-8.66B
Maintenance & Repair Expenses, Total	75.9M	143M	204M	237M	252M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Gross Property Plant And Equipment	8.91B	10.36B	10.27B	11.1B	19.09B
Accumulated Depreciation	-841M	-1.1B	-1.39B	-1.92B	-2.41B
Net Property Plant And Equipment	8.07B	9.26B	8.88B	9.18B	16.68B
Total Real Estate Assets	8.07B	9.26B	8.88B	9.18B	16.68B
Cash And Equivalents	66.17M	67.79M	119M	221M	139M
Accounts Receivable, Total	296M	186M	226M	121M	157M
Other Receivables	339M	434M	706M	737M	590M
Investment In Debt and Equity Securities	6.9B	6.66B	7.67B	11.71B	8.7B
Other Intangibles, Total	25.68M	23.42M	19.5M	15.48M	10.1M
Restricted Cash	-	-	-	1.53M	-
Other Current Assets, Total	212M	229M	285M	307M	353M
Trading Asset Securities, Total	1.12B	1.76B	3.94B	3.23B	2.22B
Other Long-Term Assets, Total	1.19B	1.09B	783M	980M	1.31B
Total Assets	18.22B	19.72B	22.63B	26.5B	30.16B
Liabilities
Current Portion of Leases	-	1.53M	1.64M	1.61M	1.27M
Long-Term Leases	-	4.45M	2.82M	977K	8.43M
Accounts Payable, Total	106M	88.91M	144M	152M	119M
Accrued Expenses, Total	29.54M	51.47M	86.46M	79.78M	70.5M
Current Income Taxes Payable	-	-	-	34.06M	-
Unearned Revenue, Current	469M	308M	331M	381M	431M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	622M	313M	558M	854M	844M
Unearned Revenue Non Current	231M	331M	344M	435M	487M
Pension & Other Post Retirement Benefits	29.18M	30.49M	36.52M	32.21M	38.45M
Deferred Tax Liability Non-Current	359M	314M	249M	200M	223M
Other Non Current Liabilities	1.08B	1.3B	1.23B	1.37B	1.64B
Total Liabilities	2.93B	2.74B	2.98B	3.54B	3.86B
Common Stock, Total	141M	141M	141M	141M	141M
Retained Earnings	15.15B	16.83B	19.5B	22.82B	26.15B
Comprehensive Income and Other	2.61M	2.95M	3.12M	4.24M	4.42M
Total Common Equity	15.29B	16.98B	19.65B	22.97B	26.29B
Minority Interest	-	-	-	-	-
Total Equity	15.29B	16.98B	19.65B	22.97B	26.29B
Total Liabilities And Equity	18.22B	19.72B	22.63B	26.5B	30.16B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	70.46M	70.46M	70.46M	70.46M	70.46M
ECS Total Common Shares Outstanding	70.46M	70.46M	70.46M	70.46M	70.46M
Book Value / Share	217.04	240.95	278.82	325.93	373.18
Tangible Book Value	15.27B	16.95B	19.63B	22.95B	26.28B
Tangible Book Value Per Share	216.67	240.62	278.55	325.71	373.04
Total Debt	0	5.98M	4.45M	2.59M	9.7M
Net Debt	-1.19B	-1.82B	-4.05B	-3.45B	-2.35B
Debt Equivalent of Unfunded Proj. Benefit Obligation	30.74M	30.93M	38.34M	34.58M	40.25M
Debt Equivalent Oper. Leases	65.66M	36.81M	171M	189M	467M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	51.6M	55.96M	81.93M	73.29M	75.56M
Inventories - Work In Process, Total	19.95M	16.37M	32.28M	59.04M	25.28M
Inventories - Finished Goods, Total	-	-	-	-	-
Inventories - Others	2.47M	2.88M	3.13M	3.26M	3.38M
Land - (BS)	63.82M	63.82M	63.82M	63.82M	63.82M
Buildings, Total	6.77B	7.72B	7.56B	7.56B	9.17B
Machinery, Total	1.57B	1.75B	1.79B	1.84B	2.32B
Full Time Employees	133	121	168	220	255
Accumulated Allowance for Doubtful Accounts (Supple)	13.42M	13.42M	16.58M	15.92M	12.44M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	1.72B	1.89B	2.91B	3.63B	3.75B
Depreciation, Depletion & Amortization	253M	278M	323M	536M	494M
Amortization of Goodwill and Intangible Assets - (CF)	4.46M	4.71M	4.8M	5.61M	5.66M
Total Depreciation, Depletion & Amortization	257M	283M	328M	542M	499M
(Gain) Loss On Sale of Asset - (CF)	-28K	13.08M	161M	-4.49M	-40K
(Gain) Loss on Sale of Investments - (CF)	-389M	-229M	-255M	-386M	-339M
Total Asset Writedown	-	-	25.35M	-	413K
Provision and Write-off of Bad Debts	23.89M	16.16M	17M	-9.76M	4.38M
Change in Accounts Receivable	-154M	93.52M	-56.94M	115M	-39.69M
Change In Inventories	12.16M	-1.19M	-42.12M	-18.25M	31.37M
Change in Accounts Payable	-40.13M	-17M	67.05M	11.74M	1.46M
Change in Other Net Operating Assets (Collected)	230M	-40.46M	91.11M	327M	350M
Other Operating Activities	-368M	-378M	-276M	-449M	-772M
Cash from Operations	1.3B	1.63B	2.97B	3.76B	3.49B
Acquisition of Real Estate Assets, Total	-576M	-1.49B	-124M	-1.04B	-7.84B
Sale of Real Estate Assets, Total	-	-	-	-	-
Net Sale / Acquisition of Real Estate Assets	-576M	-1.49B	-124M	-1.04B	-7.84B
Investment in Marketable and Equity Securities, Total	-985M	-163M	-2.91B	-2.96B	3.74B
Other Investing Activities, Total	237M	226M	379M	673M	952M
Cash from Investing	-1.33B	-1.42B	-2.65B	-3.33B	-3.15B
Long-Term Debt Issued, Total	-	5.98M	-	-	7.11M
Total Debt Issued	-	5.98M	-	-	7.11M
Long-Term Debt Repaid, Total	-	-	-1.53M	-1.51M	-
Total Debt Repaid	-	-	-1.53M	-1.51M	-
Common Dividends Paid	-	-211M	-211M	-317M	-423M
Common & Preferred Stock Dividends Paid	-	-211M	-211M	-317M	-423M
Other Financing Activities, Total	-1.66M	-1.15M	-23.8M	-6.65M	-8.57M
Cash from Financing	-1.66M	-207M	-237M	-325M	-424M
Miscellaneous Cash Flow Adjustments	-1K	-	-26.16M	-	-
Net Change in Cash	-29.4M	1.61M	51.7M	102M	-81.58M
Supplemental Items
Cash Interest Paid	-	-	23.8M	6.65M	8.57M
Cash Income Tax Paid (Refund)	346M	439M	758M	1.03B	1.19B
Net Debt Issued / Repaid	-	5.98M	-1.53M	-1.51M	7.11M
Levered Free Cash Flow	1.01B	-257M	2.6B	2.83B	-4.27B
Unlevered Free Cash Flow	1.06B	-200M	2.67B	2.91B	-4.19B
Change In Net Working Capital	17.19M	467M	8.82M	-431M	-30.2M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	8.15	7.75	11.71	12.13	10.99
Return on Total Capital	9.69	9.11	13.54	13.98	12.63
Return On Equity %	11.95	11.72	15.87	17.03	15.23
Return on Common Equity	11.95	11.72	15.87	17.03	15.23
Margin Analysis
Gross Profit Margin %	93.06	89.5	90.75	89.38	88.88
SG&A Margin	5	3.77	3.97	4.13	4.85
EBITDA Margin %	70.29	69.2	70.6	67.79	65.05
EBITA Margin %	63.16	61.93	65.32	60.97	59.2
EBIT Margin %	63.04	61.81	65.24	60.89	59.14
Income From Continuing Operations Margin %	48.6	49.68	47.79	46.35	44.55
Net Income Margin %	48.6	49.68	47.79	46.35	44.55
Net Avail. For Common Margin %	48.6	49.68	47.79	46.35	44.55
Normalized Net Income Margin	38.1	37.39	39.64	36.97	36.3
Levered Free Cash Flow Margin	28.51	-6.75	42.75	36.17	-50.65
Unlevered Free Cash Flow Margin	29.92	-5.26	43.98	37.24	-49.8
Asset Turnover
Asset Turnover	0.21	0.2	0.29	0.32	0.3
Fixed Assets Turnover	0.45	0.44	0.67	0.87	0.65
Receivables Turnover (Average Receivables)	12.61	13.99	26.47	39.03	52.68
Inventory Turnover (Average Inventory)	3.07	5.36	5.84	6.57	7.81
Short Term Liquidity
Current Ratio	1.66	3.51	4.7	3.07	2.36
Quick Ratio	1.49	3.21	4.44	2.87	2.12
Operating Cash Flow to Current Liabilities	1.06	2.14	2.64	2.5	2.38
Days Sales Outstanding (Average Receivables)	28.94	26.09	13.79	9.38	6.93
Days Outstanding Inventory (Average Inventory)	118.76	68.1	62.46	55.68	46.72
Average Days Payable Outstanding	196.47	88.63	70.41	63.84	54.52
Cash Conversion Cycle (Average Days)	-48.77	5.55	5.84	1.22	-0.87
Long Term Solvency
Total Debt/Equity	-	0.04	0.02	0.01	0.04
Total Debt / Total Capital	-	0.04	0.02	0.01	0.04
LT Debt/Equity	-	0.03	0.01	0	0.03
Long-Term Debt / Total Capital	-	0.03	0.01	0	0.03
Total Liabilities / Total Assets	16.06	13.9	13.17	13.35	12.81
EBIT / Interest Expense	27.77	25.85	33.26	35.6	43.46
EBITDA / Interest Expense	30.97	28.96	36	39.64	47.81
(EBITDA - Capex) / Interest Expense	23.81	12.62	34.96	31.9	-20.56
Total Debt / EBITDA	-	0	0	0	0
Net Debt / EBITDA	-0.48	-0.69	-0.94	-0.65	-0.43
Total Debt / (EBITDA - Capex)	-	0.01	0	0	-0
Net Debt / (EBITDA - Capex)	-0.62	-1.59	-0.97	-0.81	1
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-25.16	7.31	59.71	28.74	7.6
Gross Profit, 1 Yr. Growth %	-25.38	3.19	61.94	26.81	6.99
EBITDA, 1 Yr. Growth %	-22.21	5.65	62.94	23.6	3.24
EBITA, 1 Yr. Growth %	-24.86	5.22	68.43	20.14	4.49
EBIT, 1 Yr. Growth %	-24.98	5.22	68.57	20.14	4.49
Earnings From Cont. Operations, 1 Yr. Growth %	-26.27	9.69	53.64	24.82	3.43
Net Income, 1 Yr. Growth %	-26.27	9.69	53.64	24.82	3.43
Diluted EPS Before Extra, 1 Yr. Growth %	-26.26	9.69	53.64	24.82	3.42
Normalized Net Income, 1 Yr. Growth %	-26	5.3	69.32	20.05	5.66
Net Property, Plant and Equip., 1 Yr. Growth %	4.16	14.78	-4.17	3.37	81.76
Inventory, 1 Yr. Growth %	-14.11	1.61	56.01	15.55	-23.14
Accounts Receivable, 1 Yr. Growth %	78.59	-37.06	21.44	-46.38	29.11
Total Assets, 1 Yr. Growth %	13.18	8.23	14.75	17.14	13.78
Common Equity, 1 Yr. Growth %	12.65	11.02	15.72	16.9	14.5
Tangible Book Value, 1 Yr. Growth %	12.71	11.05	15.76	16.94	14.53
Cash From Operations, 1 Yr. Growth %	-37.72	25.79	81.74	26.26	-7.4
Capital Expenditures, 1 Yr. Growth %	1.14	158.06	-91.66	689.42	646.61
Levered Free Cash Flow, 1 Yr. Growth %	-26.25	-125.41	-1.11K	9.2	-251.38
Unlevered Free Cash Flow, 1 Yr. Growth %	-24.58	-118.85	-1.44K	9.28	-244.54
Dividend Per Share, 1 Yr. Growth %	0	0	50	33.33	8.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-4.84	-10.38	30.91	43.38	17.7
Gross Profit, 2 Yr. CAGR %	-4.31	-12.25	29.27	43.28	16.48
EBITDA, 2 Yr. CAGR %	-3.33	-9.34	31.2	41.91	12.96
EBITA, 2 Yr. CAGR %	-6.25	-11.08	33.12	42.25	12.04
EBIT, 2 Yr. CAGR %	-6.35	-11.16	33.18	42.31	12.05
Earnings From Cont. Operations, 2 Yr. CAGR %	-2.23	-10.07	29.82	38.48	13.62
Net Income, 2 Yr. CAGR %	-2.23	-10.07	29.82	38.48	13.62
Diluted EPS Before Extra, 2 Yr. CAGR %	-2.23	-10.06	29.82	38.48	13.62
Normalized Net Income, 2 Yr. CAGR %	-7.19	-11.73	33.53	42.57	12.63
Net Property, Plant and Equip., 2 Yr. CAGR %	5.88	9.34	4.88	-0.48	37.07
Inventory, 2 Yr. CAGR %	-9.46	-6.58	25.91	34.27	-5.76
Accounts Receivable, 2 Yr. CAGR %	28.08	6.02	-12.57	-19.31	-16.79
Total Assets, 2 Yr. CAGR %	16.22	10.68	11.44	15.94	15.45
Common Equity, 2 Yr. CAGR %	14.3	11.83	13.34	16.3	15.69
Tangible Book Value, 2 Yr. CAGR %	14.3	11.88	13.38	16.35	15.73
Cash From Operations, 2 Yr. CAGR %	-12.85	-11.49	51.2	51.68	8.31
Capital Expenditures, 2 Yr. CAGR %	-38	61.56	-53.61	-16.5	672.44
Levered Free Cash Flow, 2 Yr. CAGR %	107.1	-56.71	60.32	231.85	28.28
Unlevered Free Cash Flow, 2 Yr. CAGR %	125.92	-62.3	58.71	281.6	25.4
Dividend Per Share, 2 Yr. CAGR %	9.54	0	22.47	41.42	20.18
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-0.08	-0.95	8.65	30.17	30.29
Gross Profit, 3 Yr. CAGR %	0.02	-1.87	7.64	28.43	29.99
EBITDA, 3 Yr. CAGR %	-0.49	-0.43	10.22	28.62	27.63
EBITA, 3 Yr. CAGR %	-2.53	-2.58	10.02	28.65	28.35
EBIT, 3 Yr. CAGR %	-2.6	-2.64	9.99	28.68	28.39
Earnings From Cont. Operations, 3 Yr. CAGR %	-1.18	1.59	7.51	28.13	25.64
Net Income, 3 Yr. CAGR %	-1.18	1.59	7.51	28.13	25.64
Diluted EPS Before Extra, 3 Yr. CAGR %	-1.18	1.59	7.51	28.13	25.64
Normalized Net Income, 3 Yr. CAGR %	-3.14	-3.2	9.68	28.87	29.02
Net Property, Plant and Equip., 3 Yr. CAGR %	11.33	8.77	4.64	4.37	21.65
Inventory, 3 Yr. CAGR %	-15.83	-5.91	10.84	22.36	11.49
Accounts Receivable, 3 Yr. CAGR %	27.91	1.07	10.93	-25.72	-5.62
Total Assets, 3 Yr. CAGR %	15.48	13.5	12.02	13.31	15.21
Common Equity, 3 Yr. CAGR %	14.79	13.2	13.11	14.52	15.7
Tangible Book Value, 3 Yr. CAGR %	14.74	13.21	13.16	14.55	15.74
Cash From Operations, 3 Yr. CAGR %	-3.91	-1.51	12.5	42.51	28.82
Capital Expenditures, 3 Yr. CAGR %	-25.13	-0.27	-39.84	21.62	74.02
Levered Free Cash Flow, 3 Yr. CAGR %	1.64	2.92	23.76	40.92	155.07
Unlevered Free Cash Flow, 3 Yr. CAGR %	2.18	-1.28	23.85	40.01	175.7
Dividend Per Share, 3 Yr. CAGR %	9.26	6.27	14.47	25.99	29.4
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	3.83	1.45	11.32	14.84	12.18
Gross Profit, 5 Yr. CAGR %	7.39	1.06	10.83	14.17	11.09
EBITDA, 5 Yr. CAGR %	2.62	0.45	11.15	14.73	11.31
EBITA, 5 Yr. CAGR %	1.08	-1.12	10.41	13.35	10.82
EBIT, 5 Yr. CAGR %	1.04	-1.16	10.39	13.32	10.8
Earnings From Cont. Operations, 5 Yr. CAGR %	3.65	2.17	10.21	14.99	9.91
Net Income, 5 Yr. CAGR %	3.65	2.17	10.21	14.99	9.91
Diluted EPS Before Extra, 5 Yr. CAGR %	3.65	2.17	10.22	14.99	9.92
Normalized Net Income, 5 Yr. CAGR %	0.52	-1.4	10.13	13.02	10.85
Net Property, Plant and Equip., 5 Yr. CAGR %	21.23	15.53	8.7	4.97	16.57
Inventory, 5 Yr. CAGR %	-7.68	-10.9	-1.12	8.47	3.87
Accounts Receivable, 5 Yr. CAGR %	15.12	8.98	9.85	-7.63	-1.12
Total Assets, 5 Yr. CAGR %	16.73	13.8	13.85	14.47	13.38
Common Equity, 5 Yr. CAGR %	17.55	14.81	14.21	14.43	14.14
Tangible Book Value, 5 Yr. CAGR %	17.51	14.78	14.2	14.45	14.18
Cash From Operations, 5 Yr. CAGR %	-1.03	1.35	15.2	17.06	10.86
Capital Expenditures, 5 Yr. CAGR %	-10.44	-0.85	-38.17	-7.11	68.92
Levered Free Cash Flow, 5 Yr. CAGR %	28.28	18.11	21.97	64.39	25.48
Unlevered Free Cash Flow, 5 Yr. CAGR %	27.47	6.99	21.86	69.54	24.4
Dividend Per Share, 5 Yr. CAGR %	12.03	6.4	14.37	19.14	16.72