Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 24 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of NCL Industries Ltd

About the Company - NCL Industries Ltd

NCL Industries Ltd. is a Public Limited Listed company incorporated on 10/09/1979 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L33130TG1979PLC002521 and registration number is 002521. Currently Company is involved in the business activities of Manufacture of portland cement, aluminous cement, slag cement and similar hydraulic cement. Company’s Total Operating Revenue is Rs. 1633.41 Cr. and Equity Capital is Rs. 45.23 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Cement7th Floor, NCL Pearl, Near Rail Nilayam, Secunderabad Telangana 500026ncl@nclind.com
http://www.nclind.com
Management
NamePosition Held
Mr. Kamlesh GandhiChairman
Mr. K RaviExecutive Vice Chairman
Mr. K GautamManaging Director
Mr. N G V S G PrasadExecutive Director & CFO
Mrs. Roopa BhupatirajuExecutive Director
Mr. Utkal GoradiaExecutive Director
Mrs. Pooja KalidindiDirector
Mr. Ashven DatlaDirector
Mr. Penmetsa Narasimha RajuDirector
Mrs. P Sudha ReddyIndependent Director
Dr. R KalidasIndependent Director
Lt. Gen. (Retd.) T A D�unhaIndependent Director

Basic Stock Data of NCL Industries Ltd

Last Updated: June 24, 2024, 8:22 pm

Market Cap 1,078 Cr.
Current Price 239
High / Low259/180
Stock P/E11.4
Book Value 189
Dividend Yield1.26 %
ROCE15.9 %
ROE11.6 %
Face Value 10.0
PEG Ratio1.17

Competitors of NCL Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
JK Lakshmi Cement Ltd 9,714 Cr. 8261,000/60720.8 2710.45 %17.2 %15.6 % 5.00
Burnpur Cement Ltd 54.9 Cr. 6.368.87/4.11 52.50.00 %44.0 %% 10.0
The Ramco Cements Ltd 20,181 Cr. 8551,058/70051.1 3020.23 %8.20 %5.67 % 1.00
Bheema Cements Ltd 75.2 Cr. 23.144.0/21.0 13.20.00 %%56.4 % 10.0
Gujarat Sidhee Cement Ltd 296 Cr. 33.1/ 52.20.00 %6.94 %4.33 % 10.0
Industry Average28,160.67 Cr1,954.3817.03487.590.45%12.28%15.90%7.41

NCL Industries Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales369405403415370445391365419435441431505
Expenses298339335354333404358341366396378392448
Operating Profit72666862374133245339633957
OPM %19%16%17%15%10%9%8%6%13%9%14%9%11%
Other Income1313253638543
Interest4466666776576
Depreciation10101111111111121313131313
Profit before tax58555247222919103627492342
Tax %29%41%34%34%29%40%34%74%45%60%37%39%40%
Net Profit4232343115171232011311425
EPS in Rs9.197.137.626.893.353.832.760.614.412.396.873.065.55

Last Updated: April 10, 2024, 4:19 am

NCL Industries Ltd Quarterly Chart

NCL Industries Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales5004705515347508688809809381,3842,0462,0441,811
Expenses3674135214636287537468437971,1001,8381,8951,614
Operating Profit133572970122115134137140284208149198
OPM %27%12%5%13%16%13%15%14%15%21%10%7%11%
Other Income5355247637111919
Interest42364137313232373222252724
Depreciation32333126252535454241454853
Profit before tax64-9-3812676274616922815093141
Tax %30%-28%-8%28%21%11%34%23%27%35%34%51%
Net Profit44-12-4195355494751149984681
EPS in Rs12.67-3.30-11.682.5514.4514.8810.8610.3611.2432.8721.7010.1717.87
Dividend Payout %16%-30%-9%0%14%17%23%24%1%12%14%30%

NCL Industries Ltd Profit & Loss Yearly Chart

NCL Industries Ltd Growth

Compounded Sales Growth
10 Years:13%
5 Years:14%
3 Years:11%
TTM:-8%
Compounded Profit Growth
10 Years:16%
5 Years:15%
3 Years:-14%
TTM:107%
Stock Price CAGR
10 Years:21%
5 Years:12%
3 Years:3%
1 Year:20%
Return on Equity
10 Years:14%
5 Years:13%
3 Years:10%
Last Year:12%

Last Updated: June 16, 2024, 5:01 pm

NCL Industries Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital35353535373745454545454545
Reserves156141108118160190416454483620699730768
Borrowings256227217179202347278336347320335292260
Other Liabilities212222247258224210224260278314392455472
Total Liabilities6596246075906237849621,0951,1531,2991,4721,5221,544
Fixed Assets450423430407392385693658695789773986985
CWIP17397211152339090611712822
Investments00000000030503551
Other Assets192162170181221246237346368419477473487
Total Assets6596246075906237849621,0951,1531,2991,4721,5221,544

NCL Industries Ltd Reserves and Borrowings Chart

NCL Industries Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 8756-2561301815671106237106211
Cash from Investing Activity -40-24-54-18-161-223-69-78-136-139-103
Cash from Financing Activity -46-337-57-97133704-31-52-25-83
Net Cash Flow1-1-0315-946-449-5825

NCL Industries Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days453229302620325656273028
Inventory Days318272261242256199240214327173186240
Days Payable17920422619199126146184197121103144
Cash Conversion Cycle1841006482183931278718680114124
Working Capital Days-12-12-11-25-311412532-23925
ROCE %23%6%1%14%27%19%16%12%12%27%17%11%

NCL Industries Ltd Financial Efficiency Indicators Chart

NCL Industries Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters43.73%43.75%44.00%45.04%45.73%46.14%46.48%47.13%47.27%44.48%44.48%43.71%
FIIs1.90%3.09%3.10%3.00%2.75%2.81%2.33%2.38%3.49%4.23%4.88%5.17%
DIIs1.08%0.24%0.05%0.06%0.06%0.16%0.16%0.03%0.03%0.03%0.03%0.03%
Government0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%
Public53.27%52.91%52.84%51.89%51.45%50.86%51.01%50.43%49.19%51.25%50.59%51.07%
No. of Shareholders45,80353,56459,46760,49462,07860,74259,64158,05853,82354,34952,98153,743

NCL Industries Ltd Shareholding Pattern Chart

No. of NCL Industries Ltd Shareholders

This stock is not held by any mutual fund

NCL Industries Ltd ROCE Trend

NCL Industries Ltd EPS Trend

NCL Industries Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)20.509.4020.6932.6511.26
Diluted EPS (Rs.)20.509.4020.6932.6511.26
Cash EPS (Rs.)32.9820.6631.1841.9420.55
Book Value[Excl.RevalReserv]/Share (Rs.)187.72170.20163.78146.95116.83
Book Value[Incl.RevalReserv]/Share (Rs.)187.72170.20163.78146.95116.83
Revenue From Operations / Share (Rs.)413.72355.86361.11305.90207.34
PBDIT / Share (Rs.)49.8736.8348.0964.0231.39
PBIT / Share (Rs.)37.4825.9637.7754.2422.07
PBT / Share (Rs.)32.4020.1732.2949.6415.29
Net Profit / Share (Rs.)20.599.7920.8632.1611.24
NP After MI And SOA / Share (Rs.)20.599.7920.8632.1611.24
PBDIT Margin (%)12.0510.3513.3120.9215.13
PBIT Margin (%)9.057.2910.4517.7310.64
PBT Margin (%)7.835.668.9416.227.37
Net Profit Margin (%)4.972.755.7710.515.42
NP After MI And SOA Margin (%)4.972.755.7710.515.42
Return on Networth / Equity (%)10.965.7512.7321.889.62
Return on Capital Employeed (%)14.019.8815.2024.7212.68
Return On Assets (%)6.052.916.4111.194.40
Long Term Debt / Equity (X)0.170.260.370.350.31
Total Debt / Equity (X)0.250.370.420.400.54
Asset Turnover Ratio (%)1.221.081.181.130.83
Current Ratio (X)1.341.281.211.110.94
Quick Ratio (X)0.800.830.830.760.64
Inventory Turnover Ratio (X)3.171.642.161.911.52
Dividend Payout Ratio (NP) (%)0.0030.6419.177.7742.90
Dividend Payout Ratio (CP) (%)0.0014.5212.825.9623.46
Earning Retention Ratio (%)0.0069.3680.8392.2357.10
Cash Earning Retention Ratio (%)0.0085.4887.1894.0476.54
Interest Coverage Ratio (X)9.836.368.9913.924.63
Interest Coverage Ratio (Post Tax) (X)5.062.694.927.992.66
Enterprise Value (Cr.)998.621057.691111.76971.27512.85
EV / Net Operating Revenue (X)0.530.650.680.700.54
EV / EBITDA (X)4.436.355.113.353.61
MarketCap / Net Operating Revenue (X)0.440.500.490.560.26
Retention Ratios (%)0.0069.3580.8292.2257.09
Price / BV (X)0.981.051.091.170.46
Price / Net Operating Revenue (X)0.440.500.490.560.26
EarningsYield0.110.050.110.180.20

NCL Industries Ltd Profitability Ratios (%)

NCL Industries Ltd Liquidity Ratios

NCL Industries Ltd Liquidity Ratios (%)

NCL Industries Ltd Interest Coverage Ratios (%)

NCL Industries Ltd Valuation Ratios

Fair Value

Fair Value: 253.08

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 5.89% compared to the current price 239

Intrinsic Value: 277.67

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 16.18% compared to the current price ₹239

Last 5 Year EPS CAGR: 9.72%

*Investments are subject to market risks

Strength and Weakness of NCL Industries Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 15.42%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 3.58, which is a positive sign.
  3. The company has higher reserves (387.92 cr) compared to borrowings (276.62 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (498.23 cr) and profit (74.92 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 118.67, which may not be favorable.

FAQ

What is the latest fair value of NCL Industries Ltd?

The latest fair value of NCL Industries Ltd is ₹253.08.

What is the Market Cap of NCL Industries Ltd?

The Market Cap of NCL Industries Ltd is 1,078 Cr..

What is the current Stock Price of NCL Industries Ltd as on 24 June 2024?

The current stock price of NCL Industries Ltd as on 24 June 2024 is ₹239.

What is the High / Low of NCL Industries Ltd stocks in FY 2024?

In FY 2024, the High / Low of NCL Industries Ltd stocks is 259/180.

What is the Stock P/E of NCL Industries Ltd?

The Stock P/E of NCL Industries Ltd is 11.4.

What is the Book Value of NCL Industries Ltd?

The Book Value of NCL Industries Ltd is 189.

What is the Dividend Yield of NCL Industries Ltd?

The Dividend Yield of NCL Industries Ltd is 1.26 %.

What is the ROCE of NCL Industries Ltd?

The ROCE of NCL Industries Ltd is 15.9 %.

What is the ROE of NCL Industries Ltd?

The ROE of NCL Industries Ltd is 11.6 %.

What is the Face Value of NCL Industries Ltd?

The Face Value of NCL Industries Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in NCL Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE