NCL INDUSTRIES LIMITED·CEMENT 40.46·Cement & Cement Products Companies

Price

174

-0.03%
O:172.25
H:174.73
L:172.25
C:174

52W Range

147.5220.9
+18%/-21%

Market Cap

₹787.05 Cr

Traded: ₹0.40 Cr (0.05%) 0.0x

Free Float: ₹374.79 Cr (0.11% of FF traded)

Volume · 60D trend

22.93 K 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-4% 3M:-9% 6M:-3% 12M:-12%

Valuation

P/E8.5
P/B0.8
P/S0.6
EV/EBIT6.8

Business Strength

ROE3.6%
ROCE6.8%
OPM13.4%
NPM6.7%

Growth (3Y CAGR)

EPS+278.6%
Sales-11.0%
Profit+44.0%
3Y Return-4.0%

Balance Sheet

Debt/Equity0.3
Debt236 Cr
Pledge13.7%
CWIP/Fixed Asset0.2%

Cash Position

CFO/NP--
FCF36.9 Cr
FCF 3Y Avg132 Cr
Cash/MCap2.0%

Others

Div Yield1.7%
Div Payout17.0%
Cash Conv. Cycle132 days
Tradeable Free Float47.6%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 7.14 Cr
1.90% FF
60d high
₹ 7.79 Cr
60d low
₹ 6.07 Cr
60d mean
₹ 7.31 Cr
vs mean
▼ 2.39%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
Return
+4.0%
-9.0%
-4.0%
-14.0%
--
Stable
Profit
--
-2.0%
+44.0%
--
+191.0%
Accelerating
Sales
--
-4.0%
-11.0%
--
+4.0%
Stable
ROE
--
+10.0%
+10.0%
--
--
Stable

Quarterly Results

Jun 2026

7 Aug
Rev
344 Cr
+2% YoY--
OPM12.0%
NPM--
PAT
-20% YoY17 Cr
EPS
--3.8

Mar 2026

1 Jun
Rev
400 Cr
+7% YoY+17% QoQ
OPM13.0%
NPM10.5%
PAT
+587% YoY42 Cr
EPS
+507% YoY9.3

Dec 2025

13 Feb
Rev
343 Cr
+0% YoY-1% QoQ
OPM11.0%
NPM3.8%
PAT
+374% YoY13 Cr
EPS
+344% YoY2.9

Sep 2025

PDF
Rev
345 Cr
+4% YoY+2% QoQ
OPM14.0%
NPM5.8%
PAT
+221% YoY20 Cr
EPS
+700% YoY4.4

Jun 2025

PDF
Rev
335 Cr
-6% YoY-10% QoQ
OPM15.0%
NPM5.9%
PAT
+71% YoY20 Cr
EPS
+59% YoY4.5

Mar 2025

PDF
Rev
375 Cr
-10% YoY+10% QoQ
OPM6.0%
NPM1.9%
PAT
-60% YoY7 Cr
EPS
-71% YoY1.5

Dec 2024

PDF
Rev
341 Cr
-32% YoY+3% QoQ
OPM6.0%
NPM0.9%
PAT
-88% YoY3 Cr
EPS
-88% YoY0.7

Sep 2024

PDF
Rev
330 Cr
-15% YoY-7% QoQ
OPM10.0%
NPM0.9%
PAT
-39% YoY3 Cr
EPS
-82% YoY0.6

Jun 2024

PDF
Rev
355 Cr
-19% YoY-15% QoQ
OPM10.0%
NPM3.7%
PAT
-59% YoY13 Cr
EPS
-59% YoY2.8

Mar 2024

PDF
Rev
419 Cr
-4% YoY-17% QoQ
OPM11.0%
NPM5.7%
PAT
+144% YoY24 Cr
EPS
+144% YoY5.3

Dec 2023

PDF
Rev
505 Cr
+20% YoY+29% QoQ
OPM11.0%
NPM5.0%
PAT
+23% YoY25 Cr
EPS
+23% YoY5.5

Sep 2023

PDF
Rev
391 Cr
+7% YoY-11% QoQ
OPM10.0%
NPM3.6%
PAT
+358% YoY14 Cr
EPS
+358% YoY3.0

Jun 2023

PDF
Rev
441 Cr
+13% YoY+1% QoQ
OPM14.0%
NPM7.0%
PAT
+146% YoY31 Cr
EPS
--6.8

Mar 2023

PDF
Rev
435 Cr
--+4% QoQ
OPM9.0%
NPM2.3%
PAT
-37% YoY10 Cr
EPS
--2.2

Dec 2022

Rev
419 Cr
--+15% QoQ
OPM13.0%
NPM4.8%
PAT
+39% YoY20 Cr
EPS
--4.5

Sep 2022

Rev
365 Cr
----
OPM6.0%
NPM0.8%
PAT
-90% YoY3 Cr
EPS
--0.7

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.25
Interest Coverage8.9x
Promoter Pledge13.7%
Borrowings239 Cr

Efficiency

Receivable Days30 days
Inventory Days177 days
Payable Days75 days
Cash Conversion cycle132 days

Cash Position

Operating Cash Flow145 Cr
Investing Cash Flow-108 Cr
Financing Cash Flow-49 Cr
Free Cash Flow37 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023PDF ↗
Dec 2022
Sep 2022
Sales344400343345335375341330355419505391441435419365
Expenses304349306296283352322297319370448352378397366341
Operating Profit40513749522419343648573963385324
OPM %12.0%13.0%11.0%14.0%15.0%6.0%6.0%10.0%10.0%11.0%11.0%10.0%14.0%9.0%13.0%6.0%
Other Income4-127-2365-747345736
Interest6554555565675677
Depreciation15151513131414151316131413131312
Profit Before Tax241924293711572134412349263711
Tax %26.0%-122.0%44.0%32.0%45.0%36.0%44.0%63.0%40.0%29.0%40.0%40.0%37.0%63.0%45.0%72.0%
Net Profit1742132020733132425143110203
Exceptional Items---24-1-100-30-1000000000
EPS (Rs)3.89.32.94.44.51.50.70.62.85.35.53.06.82.24.50.7
Sales Growth (YoY)2.5%6.5%0.3%4.4%-5.5%-10.3%-32.4%-15.5%-19.4%-3.8%20.5%7.1%12.8%------
Sales Growth (QoQ)--16.6%-0.6%2.1%-9.9%10.0%3.3%-7.0%-15.3%-17.0%29.2%-11.3%1.4%3.8%14.8%--
OP Growth (YoY)-23.1%112.5%94.7%44.1%44.4%-50.0%-66.7%-12.8%-42.9%26.3%7.5%62.5%--------
OP Growth (QoQ)-21.6%37.8%-24.5%-5.8%116.7%26.3%-44.1%-5.6%-25.0%-15.8%46.2%-38.1%65.8%-28.3%120.8%--
Profit Growth (YoY)-20.4%587.0%373.8%221.3%70.9%-59.9%-87.9%-39.4%-58.6%144.2%22.6%357.7%146.3%-37.0%39.0%-90.0%
EPS Growth (YoY)--506.5%343.9%700.0%58.9%-71.1%-87.9%-81.8%-58.6%144.2%22.6%357.6%--------
EPS Growth (QoQ)--216.7%-33.4%-1.8%192.8%131.8%20.0%-80.5%-46.8%-3.1%81.1%-55.7%214.3%-51.4%575.8%--
OP Margin--12.8%10.8%14.2%15.1%6.4%5.6%10.3%10.1%11.5%11.3%10.0%14.3%8.7%12.7%6.6%
Net Margin--10.5%3.8%5.8%5.9%1.9%0.9%0.9%3.7%5.7%5.0%3.6%7.0%2.3%4.8%0.8%
Material Cost %--24.6%20.9%28.1%28.0%26.7%36.5%38.8%29.6%33.7%25.1%33.5%24.5%32.0%30.6%36.2%
Employee Cost %--4.3%5.5%5.3%5.5%4.7%5.4%5.5%5.5%3.8%3.2%4.3%4.0%3.7%3.5%3.9%
P/S0.550.570.590.60------------------------
P/E8.518.5213.7616.78------------------------
P/B0.840.860.930.95------------------------

Shareholding Pattern

Shareholders:48.5K (-16.4%)
Current MixJun 2026

Exchange Filings

50
AGM/EGM24 Aug 2026

Dear Sir/Madam, Please take this initmation on record. Thanks Company Secretary

Others24 Aug 2026

Dear Sir, Please take this intimation on record. Thanks & Regards Company Secretary

Insider Trading / SAST21 Aug 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kakatiya Industries Pvt Ltd & NCL Holdings (A&S) Ltd

Others20 Aug 2026

Dear Sir, Please take this intimation on record. Thanks Company Secretary

Insider Trading / SAST19 Aug 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalidindi Ravi & NCL Holdings (A&S) Ltd

Insider Trading / SAST18 Aug 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalidindi Ravi

Insider Trading / SAST14 Aug 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalidindi Ravi

Others14 Aug 2026

Dear Sir/Madam Please take this intimation on record. Thanks Company Secretary

Insider Trading / SAST13 Aug 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalidindi Ravi

Insider Trading / SAST13 Aug 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalidindi Ravi

Company Update10 Aug 2026

Dear Sir/Madam Please take this intimation on record. Thanks Company Secretary

Corp. Action07 Aug 2026

Dear Sir/Madam Please take this intimation on record. Thanks Divya

Corp. Action07 Aug 2026

Dear Sir Please take this intimation on record. Thanks Company Secretary

AGM/EGM07 Aug 2026

Dear Sir/Madam Please take this meeting on record. Thanks Company Secretary

Board Meeting07 Aug 2026

Dear Sir/Madam Please take this initmation on record. Thanks Company Secretary

Others28 Jul 2026

Sir/Madam Take this intimation on record. Thanks Company Secretary

Insider Trading / SAST28 Jul 2026

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 28, 2026 for K. Gautam, K. Roopa, ....

Company Update10 Jul 2026

Dear Sir Please take this intimation on record. Thanks Company Secretary

Company Update09 Jul 2026

Dear Sir/Madam, Please take this intimation on record. Thanks Company Secretary

Company Update09 Jul 2026

Dear Sir, Kindly take this intimation on record. Thanks Company Secretary

Company Update09 Jul 2026

Dear Sir, Please take this intimation on record. Thanks Company Secretary

Company Update09 Jul 2026

Dear Sir, Kindly take this initmation on record. Thanks Company Secretary

Insider Trading / SAST03 Jul 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Blue Valley Developers (P) Ltd & NCL Holdings (A&S) Ltd

Insider Trading / SAST03 Jul 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for G T Sandeep

Insider Trading / SAST03 Jul 2026

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 02, 2026 for G T Sandeep

Insider Trading / SAST02 Jul 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalidindi Ravi, Kakatiya Industries Pvt Ltd ....

Others02 Jul 2026

Dear Sir/Madam Please take this intimation on record. Thanks COmpany Secretary

Insider Trading / SAST29 Jun 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalidindi Ravi, Kakatiya Industies Pvt Ltd ....

Company Update29 Jun 2026

Dear Sir/Madam, Please find the attached intimation on record. Thanks Company Secretary

Insider Trading / SAST26 Jun 2026

Dear Sir/Madam, Kindly take this intimation on record. Thanks Company Secretary

Insider Trading / SAST12 Jun 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalidindi Ravi

Insider Trading / SAST12 Jun 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Subha Raju Bhupathiraju

Insider Trading / SAST12 Jun 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalidindi Ravi & Vikram Chemicals Pvt Ltd

Insider Trading / SAST10 Jun 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalidindi Ravi & Kakatiya Industries Pvt Ltd

Insider Trading / SAST09 Jun 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for G T Sandeep

Insider Trading / SAST09 Jun 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalidindi Ravi

Insider Trading / SAST09 Jun 2026

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 09, 2026 for G T Sandeep

Insider Trading / SAST09 Jun 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalidindi Ravi

Others09 Jun 2026

Dear Sir Please take this intimation on record. Thanks Divya

Insider Trading / SAST05 Jun 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalidindi Ravi

Insider Trading / SAST03 Jun 2026

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalidindi Ravi

Board Meeting29 May 2026

Dear Sir, Take this intimation on record. Thanks Company Secretary

Company Update29 May 2026

Dear Sir/Madam Please take this intiamtion on record. Thanks Company Secretary

Result29 May 2026

Dear Sir Take this intimation on record. Thanks Company Secretary

Others27 May 2026

Dear Sir/Madam Please take this intimation on record. Thanks Company Secretary

Board Meeting22 May 2026

NCL Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve Dear Sir, Please find this ....

Company Update14 May 2026

Dear Sir/Madam Please take this intimation on record. Thanks Company Secretary

Company Update27 Apr 2026

Dear Sir/Madam Please take this intimation on record. Thanks Company Secretary & Compliance officer

Company Update24 Apr 2026

Dear Sir/Madam Kindly take the intimation on record. Thanks Company Secretary

Others21 Apr 2026

<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....

Annual Reports

14

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Credit Ratings

6
crisilRating update
26 Jun 2025Report
careRating update
15 Nov 2024Report
crisilRating update
29 Jun 2024Report
careRating update
23 Aug 2023Report
crisilRating update
04 Jul 2023Report
careRating update

Concalls

3

Jul 2024

31 Jul 2024

Jun 2018

30 Jun 2018

May 2018

31 May 2018