Event Details
- Meeting: Avendus Spark - Small Cap Investor Conference
- Date: Tuesday, 8th September 2026
- Location: Platina, BKC, Mumbai
- Type: One-to-One/Group Session
- Discussion Basis: Publicly available information only, no unpublished price sensitive information will be shared
Company Historical Timeline
- 1939: Founded as Standard Engineering Company by Shri J.V. Patel
- 1962: Had largest foundry as New Standard Engineering Company
- 1966: Built India's first antenna for space communication with Department of Atomic Energy
- 1992: Developed 200,000 sq. ft. Bombay Exhibition Center
- 2001: Rebranded as Nesco Limited under Late Shri Sumant Patel
- 2013: Launched Nesco IT Park, Tower 3 (6.6 lakh sq. ft. chargeable area)
- 2016: Began Nesco Foods business
- 2017: Nesco Events division launched
- 2019: Launched Nesco IT Park, Tower 4 (11.20 lakh sq. ft. chargeable area)
- 2023: Recognized as Top 10 Brands in Real Estate by CEO Insights
- 2025: Strategic foray into Way Side Amenities
Financial Performance Highlights (₹ in Crores)
Annual Performance:
| Financial Year | Total Income | EBIDTA | PAT | Income from Operations | Fixed Assets |
| FY2023 | 609 | 411 | 290 | 296 | 889 |
| FY2024 | 783 | 531 | 362 | 376 | 919 |
| FY2025 | 845 | 551 | 375 | 348 | 1669 |
| FY2026 | 1031 | 589 | 412 | 388 | 1938 |
Growth Metrics:
- YoY Growth (%): Total Income 7.9%, EBIDTA 3.8%, PAT 3.4%
- 3-Year CAGR (%): Total Income 19.21%, EBIDTA 12.80%, PAT 12.49%
Quarterly Performance (Q1 FY2026-27):
- Total Income: ₹255 crore
- EBIDTA: ₹145 crore
- PAT: ₹99 crore
Real Estate Development - Nesco Center
Strategic Location Advantages:
- Located on Western Express Highway
- 2 km from Goregaon Western Railway Station
- 1 km from Ram Mandir
- Direct access to Mumbai Metro Line 7
- Proximity to Jogeshwari-Vikhroli Link Road and Goregaon-Mulund Link Road
- Close to domestic and international airports
Land Utilization Plan:
| Area Type | Realty (Sq mtr) | Exhibition & Events (Sq mtr) | Others (Sq mtr) | Total (Sq mtr) |
| Plot Area | 1,44,013 | 75,786 | 28,556 | 2,48,354 |
| Potential FSI Area | 9,72,085 | 4,09,244 | - | 13,81,329 |
| Potential Chargeable Area | 11,66,502 | 4,09,244 | - | 15,75,746 |
| Potential Built up Area | 17,01,148 | 8,59,413 | - | 25,60,561 |
| Existing FSI Consumed | 1,38,700 | 83,800 | - | 2,22,500 |
| Existing Chargeable Area | 1,65,530 | 71,418 | - | 2,36,948 |
| Proposed FSI Tower 02 | 2,70,000 | - | - | 2,70,000 |
| Proposed Future Development | 5,63,385 | 3,25,444 | - | 8,88,829 |
FSI Utilization Status:
- 14% FSI Existing/Consumed
- 58% FSI Future Development
- 28% FSI Proposed Tower 2
- 80% FSI Existing/Consumed (Note: This appears inconsistent with other data)
IT Park Performance
Tower 3 Details:
- Client Floors: 11
- Unit Leasable: 44
- Units Contracted: 44 (100% occupancy)
- Chargeable Area: 62,150 Sq. Mtr.
- Area Leased: 62,150 Sq. Mtr. (100% leased)
- ARR psf/pm: ₹184
- Clients: 13 (MSCI, HSBC, PwC, Here Solutions, TTEC, Ericsson, Investec, HUDL, EisnerAmper, Montran, LucasFilms, BetterWorld)
Tower 4 Details:
- Client Floors: 13
- Unit Leasable: 39
- Units Contracted: 39 (100% occupancy)
- Chargeable Area: 103,380 Sq. Mtr.
- Area Leased: 103,380 Sq. Mtr. (100% leased)
- ARR psf/pm: ₹178
- Clients: 13 (KPMG, BlackRock, Here Solutions, Framestore, ISS Governance, Priceline, PlayGames, WeWorks, IndiaFirst Life, Apollo Financials, Sodexo)
IT Park Financials:
- Income from Operations (31 March 2026): ₹397 crore, up 8.7% YoY
- Income from Operations (Q1 30 Jun 2026): ₹98 crore
Exhibition and Events Business
Facility Details:
- Hall 2: 7,378 Sq. Mtr.
- Hall 3: 11,799 Sq. Mtr.
- Hall 4: 10,800 Sq. Mtr.
- Hall 5: 4,664 Sq. Mtr.
- Hall 6: 15,443 Sq. Mtr.
- Banquets (3): 5,300 Sq. Mtr.
- Total Area: 55,384 Sq. Mtr.
Financial Performance:
- Income from Operations (Q1 30 Jun 2026): ₹43 crore, up 15% over previous corresponding H1 of FY 2025-26
Nesco Events Division
FY 2025-26 Performance:
- Total Events: 27
- Nesco Events: 2 events, ₹13 crore revenue
- Guest Events: 22 events, ₹10 crore revenue
- Partner Events: 3 events, ₹5 crore revenue
- Total Revenue: ₹28 crore, up 7.7% over previous year
Q1 FY2026-27 Performance:
- Income from Operations: ₹1 crore
Event Portfolio:
- Rangilo Re, Aditya Gadhvi, Amit Trivedi, Lucky Ali, Krazy Kids Karnival, Gully Fest, World of Education
- Bryan Adams, Skill Box, DGTL, Zomato, SunBurn Arena, South Side Story, Maceo Plex, ArtBat, Sound Good Festival, Borzo, PetFed, KrishnaDas
- Unreal, Falguni Pathak
Food Services Business
FY 2025-26 Highlights:
- 36 new brand partner registrations
- Presence in 14+ cities across 9 states
- 25+ venues including banquets
Segment-wise Revenue (₹ in Crores):
| Segment | FY 25-26 | Q1 FY26-27 |
| Exhibition/Events | 34 | 6 |
| Outdoor (Exhibitions, Events, Corporate) | 70 | 19 |
| Restaurants and Outlets | 134 | 32 |
| Total | 238 | 57 |
Growth Metrics:
- FY 25-26: 107% YoY growth
- Q1 FY26-27: 21% growth over previous corresponding H1 of FY 2025-26
Facility Infrastructure:
- Central Kitchen: 24K+ sq. ft. facility with segregation for veg and non-veg
- In-house team of chefs for all cuisines
- Capacity: 80,000 meals per day
- Banquets: The Grande, The Imperial, The Aurum
Engineering Business
Facilities:
- Plants across Vishnoli and Karamsad, Gujarat
- Sales Hub Offices: Mumbai, Delhi, Kolkata, Chennai
Plant 1 Karamsad:
- Foundry (0.5T + 2.0T)
- Castings; Abrasives
- Certifications: ISO 14001:2015 (EMS), ISO 45001:2018 (OHS)
Plant 2 Vishnoli:
- Private - Motors, Foundry, Ancillary
FY 2025-26 Revenue Breakdown (₹ in Crores):
- Equipment: ₹13 crore
- Spares: ₹14 crore
- Abrasives and Others: ₹8 crore
- Total: ₹35 crore
Wayside Amenities Business
Key Highlights:
- Strategic foray into developing, operating and managing Wayside Amenities across Express Highways
- Awarded 4 sites on Hyderabad-Visakhapatnam Expressway (Khammam-Devarapalli Section) by National Highways Logistics Management Limited
- Development works commenced, expected to be completed by Q4
- Services include fuel stations, food courts, quick-service restaurants, parking bays, convenience retail, and vehicle repair services
- Estimated total capex: Approximately ₹125 crores
ESG Initiatives
Renewable Energy:
- 100% renewable energy consumption at Bombay Exhibition Center for exhibitions, events, head office, kitchens, and facilities (FY 2025-26)
- All Nesco IT Park operations on green power
- Actively encouraging IT Park tenants to switch to green power
Certifications:
- LEED Platinum - Core and Shell O&M for Tower 3 and 4
- Health and Safety certification for IT Park facility management
- Eat Right Campus - FSSAI certification for Nesco Center Food Court
- Indrabator Certifications: Quality Management, Environmental Management, Occupational Health & Safety
ESG Governance:
- ESG risks overseen by Board-level Risk Committee
- ESG integrated with risk management
Environmental Performance:
- 4 Sewage Treatment Plants (STPs) operational
- 1,040 kg waste composting capacity
- 70% water savings via water tap aerators
Safety Performance:
- Zero fatalities
- LTIFR = 0
- 100% safety training coverage
Social Performance:
- Great Place to Work® Certified (Dec 2025 – Dec 2026)
- ₹8.30 crore CSR spend directed to education and healthcare
Sustainable Infrastructure:
- IoT lighting, energy-efficient HVAC, solar systems, motion-sensor lighting
- ESG Roadmap 2030 in progress focused on sustainability, inclusivity and transparency
Disclaimer Note
The presentation contains forward-looking statements subject to risks and uncertainties, and no offer of securities is being made through this presentation.