Nesco Limited reported a 10% rise in consolidated net profit to ₹412.74 crore for the financial year ended 31 March 2026, compared to ₹375.21 crore in the previous year. Revenue from operations for the year increased to ₹932.06 crore from ₹732.01 crore in FY25. The Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended 31 March 2026.

The board recommended a final dividend of ₹7 per equity share, having a face value of ₹2 each, for FY26, subject to shareholder approval. This marks an increase from the previous year's final dividend of ₹6.50 per share. The record date for determining entitlement to the dividend has been fixed as 20 July 2026, with payment scheduled on or before 12 August 2026.

Financial Performance

For the quarter ended 31 March 2026, the company reported a consolidated net profit of ₹93.05 crore, up from ₹88.62 crore in the corresponding quarter of the previous year, while revenue from operations for the quarter stood at ₹251.62 crore. On a standalone basis, Q4 net profit came in at ₹93.00 crore versus ₹88.60 crore in the same period last year, with standalone revenue at ₹250 crore compared to ₹192 crore year-on-year. Q4 standalone EBITDA stood at ₹118 crore against ₹110 crore in the prior year period, though the EBITDA margin contracted to 47% from 55.60% year-on-year. Total income for the full year rose to ₹1,031.59 crore from ₹845.67 crore in the prior year.

The following table summarises the full-year consolidated financial performance:

Key Q4 standalone metrics are presented below:

Governance and Appointments

The board approved the re-appointment of Deloitte Touche Tohmatsu India LLP as internal auditors and M/s. Y. S. Thakar & Co. as cost auditors for FY 2026-27. Additionally, the board approved the appointment of Mr. Rajesh G. Upadhyay as an Additional Director and Whole-time Director, designated as Executive Director (Commercial & Operations), effective 1 June 2026 for a term of three years.

The board also reconstituted the Board of Directors and its committees effective 1 June 2026. The 67th Annual General Meeting of the company is scheduled for 27 July 2026 at 3:30 pm IST via video conference.

Nesco Limited has notified the stock exchanges regarding the upcoming transfer of unpaid and unclaimed dividends and equity shares to the Investor Education and Protection Fund (IEPF) Authority. The disclosure, submitted on 23 May 2026, outlines the company's compliance with Section 124 of the Companies Act, 2013, and the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016.

The transfer specifically concerns the final dividend declared for the financial year 2018-19. Dividend entitlements that have remained unpaid or unclaimed for seven consecutive years or more are due to be transferred to the IEPF. Consequently, the corresponding equity shares of the company will also be moved to the IEPF Authority account.

Shareholder Action Required

The company has issued a direct warning to shareholders that any claims against the company regarding unclaimed dividends or shares transferred to the IEPF will not be entertained once the transfer is completed. To prevent this, concerned shareholders are requested to claim their unpaid dividend amounts by submitting an application to the company along with requisite documents.

The deadline for shareholders to claim these dues is 25 August 2026. Required documents include a cancelled cheque leaf displaying the name, a self-attested copy of the PAN Card, and address proof. These claims must be submitted to the company's Registrar and Share Transfer Agent, KFintech India Private Limited.

Post-Transfer Recovery Process

Following the transfer to the IEPF, shareholders can still reclaim their unclaimed dividends and equity shares. However, this process requires filing an application in the prescribed Form IEPF-5 online. A physical copy of this form, duly signed as per the specimen signature recorded with the company, must then be sent to the company along with the documents enumerated in the form.

The company stated that individual notices have been sent to shareholders at their registered addresses, but legal delivery issues may occur. Therefore, this public notice serves to ensure all potentially affected shareholders are informed of the impending transfer and the necessary actions to secure their entitlements.