Share Price and Basic Stock Data
Last Updated: October 28, 2025, 6:41 pm
| PEG Ratio | -1.19 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
NCL Industries Ltd operates in the cement sector, a critical component of India’s infrastructure development. The company reported sales of ₹2,044 Cr for the fiscal year ending March 2023, a slight decline from ₹2,046 Cr in the previous year. However, revenue trends indicate resilience, with sales rising to ₹2,104 Cr for FY 2024. Quarterly sales data shows fluctuations, with a peak of ₹441 Cr in June 2023, reflecting the company’s ability to adapt to market conditions. Notably, the trailing twelve months (TTM) revenue stood at ₹1,393 Cr, suggesting a decrease in sales momentum compared to previous periods. The company’s operating profit margin (OPM) was recorded at 10% for FY 2025, down from 10.35% in FY 2023, illustrating challenges in maintaining profitability amid rising costs. Overall, while NCL Industries shows potential with its revenue growth trajectory, it faces the risk of market volatility impacting its performance.
Profitability and Efficiency Metrics
NCL Industries Ltd’s profitability metrics reveal a mixed performance. The net profit for FY 2025 declined to ₹25 Cr from ₹46 Cr in FY 2023, indicating a significant decrease in profitability. The earnings per share (EPS) also fell to ₹5.52 in FY 2025 from ₹20.50 in FY 2024, reflecting challenges in sustaining earnings growth. Despite these declines, the company maintains a reasonable interest coverage ratio (ICR) of 6.24x, suggesting it can comfortably meet its interest obligations. The return on equity (ROE) stood at 3.41% for FY 2025, while the return on capital employed (ROCE) was recorded at 6.71%, both of which are lower than typical sector averages. The cash conversion cycle (CCC) was 141 days, indicating some inefficiencies in working capital management. Overall, while the company demonstrates operational capabilities, its profitability metrics indicate areas needing improvement.
Balance Sheet Strength and Financial Ratios
NCL Industries Ltd’s balance sheet reflects a cautious financial strategy, with total borrowings reported at ₹252 Cr against reserves of ₹819 Cr. This provides a healthy buffer, resulting in a debt-to-equity ratio of 0.28x, which is considered low compared to industry standards. The company’s book value per share increased to ₹189.74 in FY 2025, demonstrating a solid asset base. However, the current ratio of 1.14 and quick ratio of 0.52 indicate liquidity concerns, as the quick ratio is below the ideal benchmark of 1. This could pose risks in meeting short-term obligations. The company’s price-to-book value (P/BV) stood at 0.96x, indicating that the stock may be undervalued relative to its book value. Overall, while NCL Industries has a solid equity cushion, liquidity ratios highlight potential vulnerabilities in financial flexibility.
Shareholding Pattern and Investor Confidence
The shareholding structure of NCL Industries Ltd shows a diverse ownership profile, with promoters holding 40.93% of the shares as of September 2025. This is a decline from 46.48% in December 2022, indicating a gradual reduction in promoter confidence. Foreign institutional investors (FIIs) have increased their stake to 4.45%, while domestic institutional investors (DIIs) remain minimal at 0.09%. The public holds a significant 54.53% stake, reflecting broad market participation. The number of shareholders has decreased to 50,910 from 59,641 in December 2022, suggesting some investor fatigue. The declining promoter shareholding and stable public ownership could signal mixed sentiments among investors. However, the steady increase in FII participation may indicate confidence in the company’s long-term prospects, despite recent performance challenges.
Outlook, Risks, and Final Insight
NCL Industries Ltd faces several strengths and risks in its operational landscape. Strengths include a solid asset base, a low debt-to-equity ratio, and a diverse shareholder composition that may provide stability. However, risks include declining profitability metrics, liquidity concerns, and market volatility that could impact sales. The company’s ability to manage operational efficiencies and improve profitability will be crucial in the coming quarters. Additionally, external factors such as fluctuating commodity prices and competition in the cement sector can pose challenges. Should the company successfully enhance its operational efficiency and stabilize its profit margins, it may regain investor confidence and improve its market position. Conversely, failure to address these risks could lead to further declines in financial performance and investor sentiment.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of NCL Industries Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Bheema Cements Ltd | 52.7 Cr. | 16.2 | 24.0/16.2 | 3.95 | 0.00 % | 13.1 % | 108 % | 10.0 | |
| UltraTech Cement Ltd | 3,51,590 Cr. | 11,931 | 13,102/10,048 | 47.9 | 2,444 | 0.65 % | 10.9 % | 9.29 % | 10.0 |
| The Ramco Cements Ltd | 25,035 Cr. | 1,059 | 1,209/788 | 174 | 317 | 0.19 % | 4.83 % | 1.56 % | 1.00 |
| The India Cements Ltd | 11,976 Cr. | 387 | 413/239 | 325 | 0.00 % | 5.49 % | 8.83 % | 10.0 | |
| Star Cement Ltd | 10,167 Cr. | 252 | 309/172 | 43.0 | 71.2 | 0.40 % | 8.39 % | 6.05 % | 1.00 |
| Industry Average | 36,251.36 Cr | 2,037.97 | 44.39 | 559.44 | 0.50% | 8.79% | 85.81% | 7.13 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 391 | 365 | 419 | 435 | 441 | 391 | 433 | 419 | 355 | 330 | 341 | 383 | 338 |
| Expenses | 358 | 341 | 366 | 396 | 378 | 352 | 376 | 370 | 319 | 297 | 322 | 362 | 288 |
| Operating Profit | 33 | 24 | 53 | 39 | 63 | 39 | 57 | 49 | 36 | 34 | 20 | 21 | 51 |
| OPM % | 8% | 6% | 13% | 9% | 14% | 10% | 13% | 12% | 10% | 10% | 6% | 5% | 15% |
| Other Income | 3 | 6 | 3 | 8 | 5 | 4 | 3 | 6 | 4 | -7 | 5 | 8 | 4 |
| Interest | 6 | 7 | 7 | 6 | 5 | 7 | 6 | 5 | 6 | 5 | 5 | 5 | 6 |
| Depreciation | 11 | 12 | 13 | 13 | 13 | 13 | 13 | 16 | 13 | 15 | 14 | 15 | 13 |
| Profit before tax | 19 | 10 | 36 | 27 | 49 | 23 | 42 | 34 | 21 | 7 | 6 | 9 | 36 |
| Tax % | 34% | 74% | 45% | 60% | 37% | 39% | 40% | 28% | 40% | 62% | 41% | 28% | 44% |
| Net Profit | 12 | 3 | 20 | 11 | 31 | 14 | 25 | 24 | 13 | 3 | 3 | 6 | 20 |
| EPS in Rs | 2.76 | 0.61 | 4.41 | 2.39 | 6.87 | 3.06 | 5.55 | 5.35 | 2.86 | 0.59 | 0.74 | 1.42 | 4.47 |
Last Updated: August 20, 2025, 6:20 am
Below is a detailed analysis of the quarterly data for NCL Industries Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 338.00 Cr.. The value appears to be declining and may need further review. It has decreased from 383.00 Cr. (Mar 2025) to 338.00 Cr., marking a decrease of 45.00 Cr..
- For Expenses, as of Jun 2025, the value is 288.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 362.00 Cr. (Mar 2025) to 288.00 Cr., marking a decrease of 74.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 51.00 Cr.. The value appears strong and on an upward trend. It has increased from 21.00 Cr. (Mar 2025) to 51.00 Cr., marking an increase of 30.00 Cr..
- For OPM %, as of Jun 2025, the value is 15.00%. The value appears strong and on an upward trend. It has increased from 5.00% (Mar 2025) to 15.00%, marking an increase of 10.00%.
- For Other Income, as of Jun 2025, the value is 4.00 Cr.. The value appears to be declining and may need further review. It has decreased from 8.00 Cr. (Mar 2025) to 4.00 Cr., marking a decrease of 4.00 Cr..
- For Interest, as of Jun 2025, the value is 6.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5.00 Cr. (Mar 2025) to 6.00 Cr., marking an increase of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 13.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 15.00 Cr. (Mar 2025) to 13.00 Cr., marking a decrease of 2.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 36.00 Cr.. The value appears strong and on an upward trend. It has increased from 9.00 Cr. (Mar 2025) to 36.00 Cr., marking an increase of 27.00 Cr..
- For Tax %, as of Jun 2025, the value is 44.00%. The value appears to be increasing, which may not be favorable. It has increased from 28.00% (Mar 2025) to 44.00%, marking an increase of 16.00%.
- For Net Profit, as of Jun 2025, the value is 20.00 Cr.. The value appears strong and on an upward trend. It has increased from 6.00 Cr. (Mar 2025) to 20.00 Cr., marking an increase of 14.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 4.47. The value appears strong and on an upward trend. It has increased from 1.42 (Mar 2025) to 4.47, marking an increase of 3.05.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 4:46 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 551 | 534 | 750 | 868 | 880 | 980 | 938 | 1,749 | 2,046 | 2,044 | 2,104 | 1,799 | 1,393 |
| Expenses | 521 | 463 | 628 | 753 | 746 | 843 | 797 | 1,465 | 1,838 | 1,895 | 1,895 | 1,686 | 1,268 |
| Operating Profit | 29 | 70 | 122 | 115 | 134 | 137 | 140 | 284 | 208 | 149 | 209 | 113 | 125 |
| OPM % | 5% | 13% | 16% | 13% | 15% | 14% | 15% | 16% | 10% | 7% | 10% | 6% | 9% |
| Other Income | 5 | 5 | 2 | 4 | 7 | 6 | 3 | 7 | 11 | 19 | 18 | 10 | 11 |
| Interest | 41 | 37 | 31 | 32 | 32 | 37 | 32 | 22 | 25 | 27 | 24 | 24 | 22 |
| Depreciation | 31 | 26 | 25 | 25 | 35 | 45 | 42 | 41 | 45 | 48 | 56 | 56 | 57 |
| Profit before tax | -38 | 12 | 67 | 62 | 74 | 61 | 69 | 228 | 150 | 93 | 148 | 43 | 58 |
| Tax % | 8% | 28% | 21% | 11% | 34% | 23% | 27% | 35% | 34% | 51% | 36% | 41% | |
| Net Profit | -41 | 9 | 53 | 55 | 49 | 47 | 51 | 149 | 98 | 46 | 94 | 25 | 33 |
| EPS in Rs | -11.68 | 2.55 | 14.45 | 14.88 | 10.86 | 10.36 | 11.24 | 32.87 | 21.70 | 10.17 | 20.83 | 5.61 | 7.22 |
| Dividend Payout % | -9% | -0% | 14% | 17% | 23% | 24% | 1% | 12% | 14% | 30% | 19% | 36% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 121.95% | 488.89% | 3.77% | -10.91% | -4.08% | 8.51% | 192.16% | -34.23% | -53.06% | 104.35% | -73.40% |
| Change in YoY Net Profit Growth (%) | 0.00% | 366.94% | -485.12% | -14.68% | 6.83% | 12.59% | 183.65% | -226.39% | -18.83% | 157.41% | -177.75% |
NCL Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 9% |
| 3 Years: | -12% |
| TTM: | -13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | -9% |
| 3 Years: | -31% |
| TTM: | -49% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 16% |
| 3 Years: | 6% |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 11% |
| 3 Years: | 7% |
| Last Year: | 4% |
Last Updated: September 5, 2025, 11:35 am
Balance Sheet
Last Updated: June 16, 2025, 11:38 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 35 | 35 | 37 | 37 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 |
| Reserves | 108 | 118 | 160 | 190 | 416 | 454 | 483 | 620 | 699 | 730 | 810 | 819 |
| Borrowings | 217 | 179 | 202 | 347 | 278 | 336 | 347 | 320 | 335 | 292 | 218 | 252 |
| Other Liabilities | 247 | 258 | 224 | 210 | 224 | 260 | 278 | 314 | 392 | 441 | 469 | 532 |
| Total Liabilities | 607 | 590 | 623 | 784 | 962 | 1,095 | 1,153 | 1,299 | 1,472 | 1,508 | 1,542 | 1,648 |
| Fixed Assets | 430 | 407 | 392 | 385 | 693 | 658 | 695 | 789 | 773 | 986 | 969 | 922 |
| CWIP | 7 | 2 | 11 | 152 | 33 | 90 | 90 | 61 | 171 | 28 | 39 | 148 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 | 50 | 35 | 51 | 50 |
| Other Assets | 170 | 181 | 221 | 246 | 237 | 346 | 368 | 419 | 477 | 459 | 484 | 528 |
| Total Assets | 607 | 590 | 623 | 784 | 962 | 1,095 | 1,153 | 1,299 | 1,472 | 1,508 | 1,542 | 1,648 |
Below is a detailed analysis of the balance sheet data for NCL Industries Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 45.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 45.00 Cr..
- For Reserves, as of Mar 2025, the value is 819.00 Cr.. The value appears strong and on an upward trend. It has increased from 810.00 Cr. (Mar 2024) to 819.00 Cr., marking an increase of 9.00 Cr..
- For Borrowings, as of Mar 2025, the value is 252.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 218.00 Cr. (Mar 2024) to 252.00 Cr., marking an increase of 34.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 532.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 469.00 Cr. (Mar 2024) to 532.00 Cr., marking an increase of 63.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 1,648.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,542.00 Cr. (Mar 2024) to 1,648.00 Cr., marking an increase of 106.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 922.00 Cr.. The value appears to be declining and may need further review. It has decreased from 969.00 Cr. (Mar 2024) to 922.00 Cr., marking a decrease of 47.00 Cr..
- For CWIP, as of Mar 2025, the value is 148.00 Cr.. The value appears strong and on an upward trend. It has increased from 39.00 Cr. (Mar 2024) to 148.00 Cr., marking an increase of 109.00 Cr..
- For Investments, as of Mar 2025, the value is 50.00 Cr.. The value appears to be declining and may need further review. It has decreased from 51.00 Cr. (Mar 2024) to 50.00 Cr., marking a decrease of 1.00 Cr..
- For Other Assets, as of Mar 2025, the value is 528.00 Cr.. The value appears strong and on an upward trend. It has increased from 484.00 Cr. (Mar 2024) to 528.00 Cr., marking an increase of 44.00 Cr..
- For Total Assets, as of Mar 2025, the value is 1,648.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,542.00 Cr. (Mar 2024) to 1,648.00 Cr., marking an increase of 106.00 Cr..
Notably, the Reserves (819.00 Cr.) exceed the Borrowings (252.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -188.00 | -109.00 | -80.00 | -232.00 | -144.00 | -199.00 | -207.00 | -36.00 | -127.00 | -143.00 | -9.00 | -139.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 29 | 30 | 26 | 20 | 32 | 56 | 56 | 22 | 30 | 25 | 25 | 28 |
| Inventory Days | 261 | 242 | 256 | 199 | 240 | 214 | 327 | 173 | 186 | 240 | 217 | 290 |
| Days Payable | 226 | 191 | 99 | 126 | 146 | 184 | 197 | 121 | 103 | 144 | 110 | 177 |
| Cash Conversion Cycle | 64 | 82 | 183 | 93 | 127 | 87 | 186 | 75 | 114 | 122 | 132 | 141 |
| Working Capital Days | -62 | -63 | -58 | 2 | -5 | -4 | -16 | -8 | 17 | 10 | 11 | 6 |
| ROCE % | 1% | 14% | 27% | 19% | 16% | 12% | 12% | 27% | 17% | 11% | 16% | 7% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 5.52 | 20.50 | 9.40 | 20.69 | 32.65 |
| Diluted EPS (Rs.) | 5.52 | 20.50 | 9.40 | 20.69 | 32.65 |
| Cash EPS (Rs.) | 18.09 | 33.00 | 20.66 | 31.18 | 41.94 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 189.74 | 187.72 | 170.20 | 163.78 | 146.95 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 189.74 | 187.72 | 170.20 | 163.78 | 146.95 |
| Revenue From Operations / Share (Rs.) | 311.90 | 413.72 | 355.86 | 361.11 | 305.90 |
| PBDIT / Share (Rs.) | 28.82 | 49.89 | 36.83 | 48.09 | 64.02 |
| PBIT / Share (Rs.) | 16.30 | 37.50 | 25.96 | 37.77 | 54.24 |
| PBT / Share (Rs.) | 9.46 | 32.42 | 20.17 | 32.29 | 49.64 |
| Net Profit / Share (Rs.) | 5.57 | 20.61 | 9.79 | 20.86 | 32.16 |
| NP After MI And SOA / Share (Rs.) | 5.57 | 20.61 | 9.79 | 20.86 | 32.16 |
| PBDIT Margin (%) | 9.24 | 12.05 | 10.35 | 13.31 | 20.92 |
| PBIT Margin (%) | 5.22 | 9.06 | 7.29 | 10.45 | 17.73 |
| PBT Margin (%) | 3.03 | 7.83 | 5.66 | 8.94 | 16.22 |
| Net Profit Margin (%) | 1.78 | 4.98 | 2.75 | 5.77 | 10.51 |
| NP After MI And SOA Margin (%) | 1.78 | 4.98 | 2.75 | 5.77 | 10.51 |
| Return on Networth / Equity (%) | 2.93 | 10.97 | 5.75 | 12.73 | 21.88 |
| Return on Capital Employeed (%) | 5.99 | 14.02 | 9.88 | 15.20 | 24.72 |
| Return On Assets (%) | 1.54 | 6.05 | 2.91 | 6.41 | 11.19 |
| Long Term Debt / Equity (X) | 0.17 | 0.17 | 0.26 | 0.37 | 0.35 |
| Total Debt / Equity (X) | 0.28 | 0.25 | 0.37 | 0.42 | 0.40 |
| Asset Turnover Ratio (%) | 0.88 | 1.22 | 1.08 | 1.18 | 1.13 |
| Current Ratio (X) | 1.14 | 1.34 | 1.28 | 1.21 | 1.11 |
| Quick Ratio (X) | 0.52 | 0.80 | 0.83 | 0.83 | 0.76 |
| Inventory Turnover Ratio (X) | 2.33 | 1.89 | 1.64 | 2.16 | 1.91 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 14.55 | 30.64 | 19.17 | 7.77 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 9.09 | 14.52 | 12.82 | 5.96 |
| Earning Retention Ratio (%) | 0.00 | 85.45 | 69.36 | 80.83 | 92.23 |
| Cash Earning Retention Ratio (%) | 0.00 | 90.91 | 85.48 | 87.18 | 94.04 |
| Interest Coverage Ratio (X) | 6.24 | 9.83 | 6.36 | 8.99 | 13.92 |
| Interest Coverage Ratio (Post Tax) (X) | 2.69 | 5.06 | 2.69 | 4.92 | 7.99 |
| Enterprise Value (Cr.) | 1052.13 | 998.62 | 1057.69 | 1111.76 | 971.27 |
| EV / Net Operating Revenue (X) | 0.74 | 0.53 | 0.65 | 0.68 | 0.70 |
| EV / EBITDA (X) | 8.07 | 4.42 | 6.35 | 5.11 | 3.35 |
| MarketCap / Net Operating Revenue (X) | 0.58 | 0.44 | 0.50 | 0.49 | 0.56 |
| Retention Ratios (%) | 0.00 | 85.44 | 69.35 | 80.82 | 92.22 |
| Price / BV (X) | 0.96 | 0.98 | 1.05 | 1.09 | 1.17 |
| Price / Net Operating Revenue (X) | 0.58 | 0.44 | 0.50 | 0.49 | 0.56 |
| EarningsYield | 0.03 | 0.11 | 0.05 | 0.11 | 0.18 |
After reviewing the key financial ratios for NCL Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 5.52. This value is within the healthy range. It has decreased from 20.50 (Mar 24) to 5.52, marking a decrease of 14.98.
- For Diluted EPS (Rs.), as of Mar 25, the value is 5.52. This value is within the healthy range. It has decreased from 20.50 (Mar 24) to 5.52, marking a decrease of 14.98.
- For Cash EPS (Rs.), as of Mar 25, the value is 18.09. This value is within the healthy range. It has decreased from 33.00 (Mar 24) to 18.09, marking a decrease of 14.91.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 189.74. It has increased from 187.72 (Mar 24) to 189.74, marking an increase of 2.02.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 189.74. It has increased from 187.72 (Mar 24) to 189.74, marking an increase of 2.02.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 311.90. It has decreased from 413.72 (Mar 24) to 311.90, marking a decrease of 101.82.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 28.82. This value is within the healthy range. It has decreased from 49.89 (Mar 24) to 28.82, marking a decrease of 21.07.
- For PBIT / Share (Rs.), as of Mar 25, the value is 16.30. This value is within the healthy range. It has decreased from 37.50 (Mar 24) to 16.30, marking a decrease of 21.20.
- For PBT / Share (Rs.), as of Mar 25, the value is 9.46. This value is within the healthy range. It has decreased from 32.42 (Mar 24) to 9.46, marking a decrease of 22.96.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 5.57. This value is within the healthy range. It has decreased from 20.61 (Mar 24) to 5.57, marking a decrease of 15.04.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 5.57. This value is within the healthy range. It has decreased from 20.61 (Mar 24) to 5.57, marking a decrease of 15.04.
- For PBDIT Margin (%), as of Mar 25, the value is 9.24. This value is below the healthy minimum of 10. It has decreased from 12.05 (Mar 24) to 9.24, marking a decrease of 2.81.
- For PBIT Margin (%), as of Mar 25, the value is 5.22. This value is below the healthy minimum of 10. It has decreased from 9.06 (Mar 24) to 5.22, marking a decrease of 3.84.
- For PBT Margin (%), as of Mar 25, the value is 3.03. This value is below the healthy minimum of 10. It has decreased from 7.83 (Mar 24) to 3.03, marking a decrease of 4.80.
- For Net Profit Margin (%), as of Mar 25, the value is 1.78. This value is below the healthy minimum of 5. It has decreased from 4.98 (Mar 24) to 1.78, marking a decrease of 3.20.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 1.78. This value is below the healthy minimum of 8. It has decreased from 4.98 (Mar 24) to 1.78, marking a decrease of 3.20.
- For Return on Networth / Equity (%), as of Mar 25, the value is 2.93. This value is below the healthy minimum of 15. It has decreased from 10.97 (Mar 24) to 2.93, marking a decrease of 8.04.
- For Return on Capital Employeed (%), as of Mar 25, the value is 5.99. This value is below the healthy minimum of 10. It has decreased from 14.02 (Mar 24) to 5.99, marking a decrease of 8.03.
- For Return On Assets (%), as of Mar 25, the value is 1.54. This value is below the healthy minimum of 5. It has decreased from 6.05 (Mar 24) to 1.54, marking a decrease of 4.51.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.17. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.17.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.28. This value is within the healthy range. It has increased from 0.25 (Mar 24) to 0.28, marking an increase of 0.03.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.88. It has decreased from 1.22 (Mar 24) to 0.88, marking a decrease of 0.34.
- For Current Ratio (X), as of Mar 25, the value is 1.14. This value is below the healthy minimum of 1.5. It has decreased from 1.34 (Mar 24) to 1.14, marking a decrease of 0.20.
- For Quick Ratio (X), as of Mar 25, the value is 0.52. This value is below the healthy minimum of 1. It has decreased from 0.80 (Mar 24) to 0.52, marking a decrease of 0.28.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 2.33. This value is below the healthy minimum of 4. It has increased from 1.89 (Mar 24) to 2.33, marking an increase of 0.44.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 14.55 (Mar 24) to 0.00, marking a decrease of 14.55.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 9.09 (Mar 24) to 0.00, marking a decrease of 9.09.
- For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 85.45 (Mar 24) to 0.00, marking a decrease of 85.45.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 90.91 (Mar 24) to 0.00, marking a decrease of 90.91.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 6.24. This value is within the healthy range. It has decreased from 9.83 (Mar 24) to 6.24, marking a decrease of 3.59.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.69. This value is below the healthy minimum of 3. It has decreased from 5.06 (Mar 24) to 2.69, marking a decrease of 2.37.
- For Enterprise Value (Cr.), as of Mar 25, the value is 1,052.13. It has increased from 998.62 (Mar 24) to 1,052.13, marking an increase of 53.51.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.74. This value is below the healthy minimum of 1. It has increased from 0.53 (Mar 24) to 0.74, marking an increase of 0.21.
- For EV / EBITDA (X), as of Mar 25, the value is 8.07. This value is within the healthy range. It has increased from 4.42 (Mar 24) to 8.07, marking an increase of 3.65.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.58. This value is below the healthy minimum of 1. It has increased from 0.44 (Mar 24) to 0.58, marking an increase of 0.14.
- For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 85.44 (Mar 24) to 0.00, marking a decrease of 85.44.
- For Price / BV (X), as of Mar 25, the value is 0.96. This value is below the healthy minimum of 1. It has decreased from 0.98 (Mar 24) to 0.96, marking a decrease of 0.02.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.58. This value is below the healthy minimum of 1. It has increased from 0.44 (Mar 24) to 0.58, marking an increase of 0.14.
- For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.11 (Mar 24) to 0.03, marking a decrease of 0.08.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in NCL Industries Ltd:
- Net Profit Margin: 1.78%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 5.99% (Industry Average ROCE: 8.79%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 2.93% (Industry Average ROE: 85.81%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.69
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.52
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 23.6 (Industry average Stock P/E: 44.39)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.28
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 1.78%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Cement | 10-3-162, NCL Pearl, 7th Floor, Opp Hyderabad Bhavan, Secunderabad Telangana 500026 | ncl@nclind.com http://www.nclind.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Kamlesh Gandhi | Chairman |
| Mr. K Ravi | Executive Vice Chairman |
| Mr. K Gautam | Promoter Managing Director |
| Mr. N G V S G Prasad | Executive Director |
| Mrs. Roopa Bhupatiraju | Executive Director |
| Mr. Utkal Goradia | Executive Director |
| Mrs. Pooja Kalidindi | Promoter Non-Exe.Director |
| Mr. Penmetsa Narasimha Raju | Promoter Non-Exe.Director |
| Mrs. P Sudha Reddy | Independent Woman Director |
| Dr. R Kalidas | Independent Director |
| Lt. Gen. (Retd.) T A D�unha | Independent Director |
| Mr. P Rajagopal Reddy | Independent Director |
| Mr. SK Subramanian | Independent Director |
FAQ
What is the intrinsic value of NCL Industries Ltd?
NCL Industries Ltd's intrinsic value (as of 28 October 2025) is 124.81 which is 37.59% lower the current market price of 200.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 909 Cr. market cap, FY2025-2026 high/low of 239/179, reserves of ₹819 Cr, and liabilities of 1,648 Cr.
What is the Market Cap of NCL Industries Ltd?
The Market Cap of NCL Industries Ltd is 909 Cr..
What is the current Stock Price of NCL Industries Ltd as on 28 October 2025?
The current stock price of NCL Industries Ltd as on 28 October 2025 is 200.
What is the High / Low of NCL Industries Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of NCL Industries Ltd stocks is 239/179.
What is the Stock P/E of NCL Industries Ltd?
The Stock P/E of NCL Industries Ltd is 23.6.
What is the Book Value of NCL Industries Ltd?
The Book Value of NCL Industries Ltd is 191.
What is the Dividend Yield of NCL Industries Ltd?
The Dividend Yield of NCL Industries Ltd is 1.50 %.
What is the ROCE of NCL Industries Ltd?
The ROCE of NCL Industries Ltd is 6.71 %.
What is the ROE of NCL Industries Ltd?
The ROE of NCL Industries Ltd is 3.41 %.
What is the Face Value of NCL Industries Ltd?
The Face Value of NCL Industries Ltd is 10.0.