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NELC – Nelco Ltd

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Nelco Limited is an India-based company. The Company is engaged in the business of providing systems and solutions in the areas of very small aperture terminal (VSAT) connectivity and integrated security & surveillance. The Company operates in one reportable segment, which is network systems consisting of SatCom Services (including equipment sale, maintenance, and other allied services). Its Network systems comprises sale of VSAT hardware and providing allied services consisting of network management, project management, infrastructure services, turnkey solutions for satellite communication systems, and co-location services to customers. The Company offers solutions to sectors, such as bank, oil & gas exploration, government, education, renewable energy, IFMC Services, and other sectors. The Company has two wholly owned subsidiaries include Tatanet Services Ltd. (TNSL) & Nelco Network Products Ltd. (NNPL). The Company is a subsidiary of The Tata Power Company Limited.

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