Nesco reports strong financials, outlines strategic expansion plans

Nesco Limited reported a strong financial performance for FY2025, with total income reaching ₹845 Crs, a 7.9% year-over-year increase. EBIDTA grew to ₹551 Crs (up 3.8%), and profit after tax (PAT) stood at ₹375 Crs (up 3.4%). The company also highlighted a three-year CAGR (ending FY2025) of 30.3% for total income, 27.8% for EBIDTA, and 25.6% for PAT, alongside a significant increase in fixed assets to ₹1669 Crs in FY2025.

The company is strategically expanding its realty footprint with the proposed Tower 2 development, spanning approximately 5.01 million sq. ft. of total constructed area, including 2.25 million sq. ft. of chargeable premium office spaces. Furthermore, a proposed hotel within the Nesco Center will feature 732 premium rooms and suites, alongside 172 service apartments, complementing its existing LEED IGBC Platinum Certified Towers 3 and 4, which boast 100% occupancy.

Nesco is also making significant strides in its Wayside Amenities segment, having been awarded projects across Hyderabad-Visakhapatnam, Bengaluru-Chennai, and Raipur-Visakhapatnam Expressways, with an estimated capex of approximately ₹400 Crs. The company’s Nesco Foods division recorded a total income of ₹115 Crs for FY24-25, and ₹101 Crs for H1 FY25-26, demonstrating substantial growth and an expanding portfolio of partnered and owned brands.