NCLIND - NCL Industries Limited Share Price

Cement & Cement Products

₹211.80-2.80(-1.30%)

Market Closed as of Jun 17, 2025, 15:30 IST

What does NCL Industries Limited do?

Cement & Cement Products•Construction Materials•Small Cap

NCL Industries Limited manufactures and sells building materials in India. It operates through five segments: Cement, Boards, Hydel Power, Ready Mix Concrete, and Readymade Doors. The company offers cement, including ordinary Portland, pozzolana Portland, and special cements for small housing, megastructures, and irrigation projects applications under the Nagarjuna brand. It also provides ready mixed concrete under the Nagarjuna RMC brand; cement bonded particleboards under the Bison Panel brand; and readymade doors under the NCLdoor brand. In addition, the company operates two mini-hydel power projects with a total installed capacity of 15.75 MW. The company was formerly known as Nagarjuna Cements Limited and changed its name to NCL Industries Limited in 1987. NCL Industries Limited was incorporated in 1979 and is based in Secunderabad, India.

Industry Group:Cement & Cement Products

Employees:1,026

Website:www.nclind.com

Description	Share	Value
a) Cement Division	82.0%	439.9 Cr
b) Boards Division	10.0%	53.4 Cr
d) Ready Mix Concrete Division	6.4%	34.1 Cr
e) Doors	1.7%	8.9 Cr
Total		536.3 Cr

Pros

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Dividend: Dividend paying stock. Dividend yield of 2.36%.

Balance Sheet: Strong Balance Sheet.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Cons

Growth: Declining Revenues! Trailing 12m revenue has fallen by -15.8% in past one year. In past three years, revenues have changed by -4%.

Momentum: Stock is suffering a negative price momentum. Stock is down -5.3% in last 30 days.

Size: It is a small market cap company and can be volatile.

Technicals: SharesGuru indicator is Bearish.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Category	NCLIND	Cement
PE	23.04	39.74
PS	0.63	2.53
Growth	-15.8 %	2.9 %

Share Holdings

Understand NCL Industries ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
Kalidindi Ravinnn	6.35%
Kalidindi Roopannn	5.98%
K GAUTAMnnn	5.64%
KALIDINDI POOJAnnn	3.53%
NCL HOLDINGS (A&S) LIMITEDnnn	3.35%
ANURADHA KALIDINDInnn	3.31%
ANAND RATHI GLOBAL FINANCE LIMITED	2.79%
VINODRAI V GORADIAnCHARULATA V GORADIAnn	1.38%
PENMETSA NARASIMHA RAJUnnn	1.14%
BYNA MURALI	1.03%
DIVYA PENUMACHAnnn	0.99%
NCL BUILDTEK LIMITEDnnn	0.97%
GORADIA CHARULATA VINODRAInGORADIA VINODRAI VACHHARAJnn	0.83%
BIMAL VINODRAI GORADIAnMEERA BIMAL GORADIAnn	0.77%
PENMETSA VARA LAKSHMInnn	0.77%
ASHVEN DATLAnnn	0.74%
SUBBA RAJU BHUPATIRAJUnnn	0.66%
NCL HOMES LIMITEDnnn	0.65%
BLUE VALLEY DEVELOPERS PRIVATE LIMITEDnnn	0.49%
SRIDHAR BHUPATIRAJUnnn	0.45%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Balance Sheet for NCL Industries

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-44.1%	20	35	11	26	3.22	1.92
Loans, current	343.5%	6.1	2.15	0	6	25	20
Total current financial assets	6.4%	201	189	188	198	201	153
Inventories	4.5%	185	177	158	150	146	129
Total current assets	2.6%	443	432	436	418	425	420
Property, plant and equipment	-2.7%	943	969	985	986	868	773
Capital work-in-progress	81.6%	70	39	22	28	140	171
Non-current investments	0%	51	51	51	35	30	30
Total non-current financial assets	1%	99	98	97	86	137	103
Total non-current assets	0.6%	1,117	1,110	1,108	1,104	1,149	1,052
Total assets	1.2%	1,560	1,542	1,544	1,522	1,575	1,472
Borrowings, non-current	0.7%	147	146	171	208	289	281
Total non-current financial liabilities	0%	219	219	235	291	289	281
Provisions, non-current	-8%	7.17	7.71	7.94	7.39	2.34	3.49
Total non-current liabilities	0.6%	362	360	370	419	394	382
Borrowings, current	33.8%	96	72	88	85	118	37
Total current financial liabilities	8.8%	272	250	287	256	354	266
Provisions, current	33.7%	4.37	3.52	3.21	2.43	3.03	2.29
Current tax liabilities	24.6%	12	9.83	8.07	1.79	5.11	20
Total current liabilities	3.7%	339	327	362	328	421	345
Total liabilities	2%	701	687	731	747	815	727
Equity share capital	0%	45	45	45	45	45	45
Total equity	0.5%	859	855	813	775	759	744
Total equity and liabilities	1.2%	1,560	1,542	1,544	1,522	1,575	1,472

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-56.8%	20	45	22	31	3.34	1.97
Loans, current	343.5%	6.1	2.15	0	6	25	20
Total current financial assets	1%	202	200	199	204	201	153
Inventories	4.5%	185	177	158	150	146	129
Total current assets	2.5%	454	443	448	426	432	419
Property, plant and equipment	-2.6%	964	990	1,006	1,006	896	802
Capital work-in-progress	81.6%	70	39	22	28	140	171
Goodwill	0%	10	10	10	0	0	0
Non-current investments	-3.2%	4.3	4.41	4.99	5.46	0	0
Total non-current financial assets	1.9%	54	53	51	56	107	74
Total non-current assets	0.6%	1,103	1,096	1,094	1,094	1,147	1,051
Total assets	1.2%	1,557	1,539	1,542	1,520	1,579	1,471
Borrowings, non-current	0.7%	147	146	171	208	289	281
Total non-current financial liabilities	0%	219	219	235	291	289	281
Provisions, non-current	-8%	7.17	7.71	7.94	6.71	2.34	3.49
Total non-current liabilities	0.6%	362	360	370	419	394	382
Borrowings, current	33.8%	96	72	88	85	118	37
Total current financial liabilities	8.8%	272	250	288	257	354	267
Provisions, current	33.7%	4.37	3.52	3.22	2.43	3.04	2.3
Current tax liabilities	24.6%	12	9.83	8.07	1.79	5.11	20
Total current liabilities	3.6%	342	330	365	332	429	347
Total liabilities	2%	704	690	734	750	823	730
Equity share capital	0%	45	45	45	45	45	45
Total equity	0.5%	853	849	808	770	756	741
Total equity and liabilities	1.2%	1,557	1,539	1,542	1,520	1,579	1,471

Cash Flow for NCL Industries

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-12%	23	26	24
Change in inventories	-30.5%	-27.39	-20.75	-23.73
Depreciation	17%	56	48	45
Adjustments for interest income	-	0.81	0	0
Net Cashflows from Operations	-14.7%	216	253	117
Interest paid	-104%	0	26	0
Income taxes paid (refund)	-22%	33	42	45
Net Cashflows From Operating Activities	-0.5%	183	184	72
Proceeds from sales of PPE	288.4%	2.3	0.31	0.77
Purchase of property, plant and equipment	-35.3%	67	103	140
Interest received	-	0.81	0	0
Other inflows (outflows) of cash	-	-0.28	0	0
Net Cashflows From Investing Activities	37.4%	-64.15	-103.07	-139.01
Proceeds from borrowings	426.8%	21	-5.12	7.54
Repayments of borrowings	154.1%	95	38	-44.39
Dividends paid	0%	14	14	18
Interest paid	-	22	0	24
Net Cashflows from Financing Activities	-93.2%	-110.32	-56.62	9.79
Net change in cash and cash eq.	-68.7%	8.51	25	-57.51

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-12%	23	26	24
Change in inventories	-30.5%	-27.39	-20.75	-23.73
Depreciation	14.6%	56	49	47
Adjustments for interest income	-	0.81	0	0
Net Cashflows from Operations	-13.7%	216	250	117
Interest paid	-104%	0	26	0
Income taxes paid (refund)	-22%	33	42	45
Net Cashflows From Operating Activities	0.6%	183	182	72
Proceeds from sales of PPE	-	2.31	0	0.77
Purchase of property, plant and equipment	-40.2%	62	103	140
Proceeds from sales of investment property	-115.8%	0	7.31	0
Interest received	-	0.81	0	0
Other inflows (outflows) of cash	-	-0.28	0	0
Net Cashflows From Investing Activities	37.9%	-59.09	-95.8	-139.28
Proceeds from borrowings	426.8%	21	-5.12	7.54
Repayments of borrowings	154.1%	95	38	-44.68
Dividends paid	0%	14	14	18
Interest paid	-	22	0	24
Net Cashflows from Financing Activities	-93.2%	-110.32	-56.62	10
Net change in cash and cash eq.	-58.6%	13	30	-57.57

Investor Care
Dividend Yield	2.36%
Dividend/Share (TTM)	5
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	9.23

Financial Health
Current Ratio	1.33
Debt/Equity	0.29
Debt/Cashflow	0.84

Valuation
Market Cap	958.03 Cr
Price/Earnings (Trailing)	22.73
Price/Sales (Trailing)	0.62
EV/EBITDA	6.56
Price/Free Cashflow	7.26
MarketCap/EBT	14.34

Fundamentals
Revenue (TTM)	1.54 kCr
Rev. Growth (Yr)	-31.86%
Rev. Growth (Qtr)	3.78%
Earnings (TTM)	42.14 Cr
Earnings Growth (Yr)	-87.95%
Earnings Growth (Qtr)	18.58%

Profitability
Operating Margin	4.99%
EBT Margin	4.34%
Return on Equity	4.94%
Return on Assets	2.71%
Free Cashflow Yield	13.77%

Income Statement for NCL Industries

Standalone figures (in Rs. Crores) / View Consolidated Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	3.3%	341	330	355	495	505	431
Other Income	53.4%	4.79	3.47	3.58	6.28	3.45	3.92
Total Income	3.6%	346	334	358	501	508	435
Cost of Materials	3.4%	121	117	129	129	139	122
Employee Expense	5.9%	19	18	19	16	16	17
Finance costs	2.4%	5.28	5.18	5.67	5.31	5.87	6.98
Depreciation and Amortization	-7.1%	14	15	13	16	13	13
Other expenses	18.8%	178	150	194	289	305	244
Total Expenses	7.3%	340	317	337	467	467	412
Profit Before exceptional items and Tax	-70.6%	5.7	17	21	34	42	23
Exceptional items before tax	91%	0	-10.06	0	0	0	0
Total profit before tax	-21%	5.7	6.95	21	34	42	23
Current tax	-48.2%	1.87	2.68	6.82	7.08	13	5.76
Deferred tax	-185.5%	0.47	1.62	1.62	2.5	3.28	3.14
Total tax	-59.4%	2.34	4.3	8.45	9.58	17	8.9
Total profit (loss) for period	43%	3.36	2.65	13	24	25	14
Other comp. income net of taxes	-	0	0	0	-0.41	0	0
Total Comprehensive Income	43%	3.36	2.65	13	24	25	14
Earnings Per Share, Basic	38.1%	0.74	0.58	2.86	5.25	5.55	3.06
Earnings Per Share, Diluted	38.1%	0.74	0.58	2.86	5.25	5.55	3.06
Debt equity ratio	-	-	-	-	-	-	-
Interest service coverage ratio	-	-	-	-	-	-	-

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	16.2%	1,871	1,610	1,633	1,384	938	980
Other Income	-5.6%	18	19	11	6.59	2.57	6.35
Total Income	16%	1,890	1,629	1,645	1,390	940	986
Cost of Materials	4.7%	518	495	460	390	286	344
Employee Expense	10.2%	66	60	57	50	42	39
Finance costs	-12%	23	26	24	20	31	35
Depreciation and Amortization	17%	56	48	45	41	42	45
Other expenses	20.3%	1,090	906	909	645	496	468
Total Expenses	13.4%	1,742	1,536	1,495	1,162	871	925
Profit Before exceptional items and Tax	59.8%	148	93	150	228	69	61
Total profit before tax	59.8%	148	93	150	228	69	61
Current tax	78.3%	42	24	42	70	22	9.22
Deferred tax	-50%	12	23	9.87	9.26	-3.46	4.99
Total tax	13%	53	47	52	79	18	14
Total profit (loss) for period	106.7%	94	46	98	149	51	47
Other comp. income net of taxes	47%	-0.41	-1.66	-0.71	-0.98	0.11	0
Total Comprehensive Income	116.3%	94	44	97	148	51	47
Earnings Per Share, Basic	124.1%	20.74	9.81	21.54	32.65	11.26	10.34
Earnings Per Share, Diluted	124.1%	20.74	9.81	21.54	32.65	11.26	10.34
Debt equity ratio	-	-	042	-	-	-	042
Interest service coverage ratio	-	-	-	-	-	-	0.0405

Consolidated figures (in Rs. Crores) / View Standalone Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	3.3%	341	330	355	495	505	431
Other Income	65.2%	5.08	3.47	3.59	6.93	3.46	3.92
Total Income	3.6%	346	334	358	502	508	435
Cost of Materials	3.4%	121	117	129	129	139	122
Employee Expense	5.9%	19	18	19	16	16	17
Finance costs	2.4%	5.28	5.18	5.67	5.31	5.87	6.98
Depreciation and Amortization	-7.1%	14	15	13	16	13	14
Other expenses	19.5%	179	150	194	290	305	244
Total Expenses	7.6%	341	317	337	468	467	412
Profit Before exceptional items and Tax	-73%	5.32	17	21	33	41	23
Exceptional items before tax	91%	0	-10.06	0	0	0	0
Total profit before tax	-25.8%	5.32	6.82	21	33	41	23
Current tax	-48.2%	1.87	2.68	6.82	7.08	13	5.76
Deferred tax	-185.5%	0.47	1.62	1.62	2.5	3.28	3.14
Total tax	-59.4%	2.34	4.3	8.45	9.58	17	8.9
Total profit (loss) for period	31.1%	2.98	2.51	13	24	25	14
Other comp. income net of taxes	-	0	0	0	-0.41	0	0
Total Comprehensive Income	31.1%	2.98	2.51	13	23	25	14
Earnings Per Share, Basic	22.7%	0.66	0.56	2.82	5.19	5.47	3.01
Earnings Per Share, Diluted	22.7%	0.66	0.56	2.82	5.19	5.47	3.01
Debt equity ratio	-	-	-	-	-	-	-
Interest service coverage ratio	-	-	-	-	-	-	-

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	16.2%	1,871	1,610	1,633	1,384	938	-
Other Income	0%	19	19	11	7.91	2.57	-
Total Income	16.1%	1,890	1,628	1,645	1,392	940	-
Cost of Materials	4.7%	518	495	460	390	286	-
Employee Expense	10.2%	66	60	57	50	42	-
Finance costs	-12%	23	26	24	21	31	-
Depreciation and Amortization	14.6%	56	49	47	44	42	-
Other expenses	20.6%	1,092	906	910	646	496	-
Total Expenses	13.5%	1,744	1,537	1,498	1,167	871	-
Profit Before exceptional items and Tax	62.2%	147	91	147	225	69	-
Total profit before tax	62.2%	147	91	147	225	69	-
Current tax	78.3%	42	24	42	70	22	-
Deferred tax	-50%	12	23	9.87	9.26	-3.46	-
Total tax	13%	53	47	52	79	18	-
Total profit (loss) for period	114%	93	44	94	145	51	-
Other comp. income net of taxes	47%	-0.41	-1.66	-0.71	-0.98	0.11	-
Total Comprehensive Income	119%	93	43	94	144	51	-
Earnings Per Share, Basic	132.1%	20.5	9.4	20.69	32.65	11.26	-
Earnings Per Share, Diluted	132.1%	20.5	9.4	20.69	32.65	11.26	-
Debt equity ratio	-	-	042	-	-	-	-

NCLIND - NCL Industries Limited Share Price

What does NCL Industries Limited do?

Revenue Breakdown

Sector Comparison: NCLIND vs Cement & Cement Products

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Balance Sheet for NCL Industries

Cash Flow for NCL Industries

Investor Care

Financial Health

Valuation

Fundamentals

Profitability

Income Statement for NCL Industries