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Buy NESCO Ltd For Target Rs.690 - Sushil Finance Result Highlights During Q1 FY23, the turnover increased 41.8% YoY to Rs.103.1 cr; the EBITDA margin improved 164 bps to 64.5%. The net margin stood at 52.1% as against 58.2% in Q1 FY22. EPS during the quarter stood at Rs.7.6 as against Rs.6.0 in Q1 FY22. On sequential basis, the top-line showcased an increase of 13.2% while the profit margins contracted. Segment-wise Highlights • IT Park Division: – The division recorded a turnover of Rs.72.0 cr as against Rs.60.7 cr in Q...
Buy NESCO Ltd For Target Rs.690 - Sushil Finance
Buy NESCO Ltd For Target Rs.690 - Sushil Finance
Source: Sushil Finance Ltd
22/08/2022 1:27:38 PM
Nesco Q1 net profit up 27.02% at Rs 53.73 cr The company reported standalone net profit of Rs 53.73 crore for the quarter ended June 30, 2022 as compared to Rs 42.30 crore in the same period last year, registering a year-on-year growth of 27.02 per cent. Net revenue of the company rose substantially by 41.80 per cent at Rs 103.06 crore in April-June quarter of this fiscal as against Rs 72.68 crore in the corresponding period last year.  During April-June quarter, operating expenses increased by 36.13 per cent to Rs 36.55 crore fro...
Nesco Q1 net profit up 27.02% at Rs 53.73 cr
Nesco Q1 net profit up 27.02% at Rs 53.73 cr
Source: Dion Global Solutions Ltd
8/08/2022 3:08:44 PM
Buy NESCO Ltd For Target Rs.690 - Sushil Finance Nesco Ltd. recently announced its performance for the quarter ended March 31, 2022. FY22 top-line was moderately below our estimate but EBITDA and Net Profit were broadly in-line with our projections. Following are the key highlights. Result Highlights * During Q4 FY22, the turnover increased 21.3% YoY to Rs.91.1 cr; the EBITDA margin improved 537 bps to 68.7%. The net margin stood at 58.8% as against 53.0% in Q4 FY21. EPS during the quarter stood at Rs.7.6 as against Rs.5.6 in Q4 ...
Buy NESCO Ltd For Target Rs.690 - Sushil Finance
Buy NESCO Ltd For Target Rs.690 - Sushil Finance
Source: Sushil Finance Ltd
27/05/2022 11:04:21 AM
Hold Nesco Ltd For Target Rs.700 - Sushil Finance Nesco Ltd. recently announced its performance for the quarter ended September 30, 2021. Following are the key highlights. Result Highlights * IT Park Division: – Tower 04 is now 90% contracted; generated Rs.35.4 cr of revenue during Q2 FY22. The company is working on planning of the next building in this division. * Indabrator: The division ramped production and dispatched abrasives and has strong order book for coming quarters. * Bombay Exhibition Center: Almost the entire ...
Hold Nesco Ltd For Target Rs.700 - Sushil Finance
Hold Nesco Ltd For Target Rs.700 - Sushil Finance
Source: Sushil Finance Ltd
18/11/2021 10:37:24 AM
Hold NESCO Ltd For Target Rs.700 - Sushil Finance From the Chairman Speech at the AGM which was held on August 11, 2021 IT Park Division: Tower-4 is 17 lakhs sq.ft. constructed area and is now ~80% contracted. License agreements have been finalized with leading MNCs including KPMG, BlackRock, Here Solutions, Framestore, Priceline, ISS Governance, etc. Indabrator: has now increased the abrasives production capacity Bombay Exhibition Center: BEC normally holds 150 exhibitions yearly but could hold only 2 exhibitions in FY21 as BMC/GOM...
Hold NESCO Ltd For Target Rs.700 - Sushil Finance
Hold NESCO Ltd For Target Rs.700 - Sushil Finance
Source: Sushil Finance Ltd
21/08/2021 11:33:57 AM
Nesco Limited reported weak set of numbers for Q4FY21 By Mr. Yash Gupta, Angel Broking Ltd Below are Quote on Nesco Limited reported weak set of numbers for Q4FY21 by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd    Nesco Limited reported weak set of numbers for Q4FY21 and tough time ahead due to covid 19 restriction in Maharashtra. Nesco Limited reported total revenue from operations at ₹75.1 crores down by 36.1% as compared to ₹117.7 crores in Q4FY20. Bombay Exhibition Centre has reported revenue from ope...
Nesco Limited reported weak set of numbers for Q4FY21 By Mr. Yash Gupta, Angel Broking Ltd
Nesco Limited reported weak set of numbers for Q4FY21 By Mr. Yash Gupta, Angel Broking Ltd
Source: Angel Broking Ltd
28/05/2021 5:57:34 PM
Buy NESCO Ltd For Target Rs.700 - Sushil Finance Strong debt-free balance sheet with robust liquidity: The company has been consistently investing into new projects and expanding its portfolio of leasable space. Nevertheless, the company’s policy has always been to remain debt-free in a sector which is otherwise dominated by borrowings. The company generates strong cash-flows from its lease & rental incomes from its IT Parks and BEC and invests the same to expand its asset-base.   Huge land bank to course the future ...
Buy NESCO Ltd For Target Rs.700 - Sushil Finance
Buy NESCO Ltd For Target Rs.700 - Sushil Finance
Source: Sushil Finance Ltd
25/05/2021 9:49:00 AM
Buy Nesco Ltd For Target Rs.745 - ICICI Direct BEC to recover from FY22 onwards… Nesco’s 9MFY21 (and Q3FY21) performance was impacted by virtual closure of Bombay Exhibition Centre (BEC), which was used for Covid Care by BMC and subsequent minimal take-off in hospitality (foods & own events business). For Q3FY21, revenues declined 28.3% YoY at | 82.5 crore, largely impacted by 91.3% decline in BEC revenues and ~53.2% decline in hospitality segment. EBITDA at | 52.9 crore was down 31.6% YoY. PAT at | 48.9 crore for Q3F...
Buy Nesco Ltd For Target Rs.745 - ICICI Direct
Buy Nesco Ltd For Target Rs.745 - ICICI Direct
Source: ICICI Direct
1/03/2021 12:16:22 PM