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NCL Industries Limited

BSE: NCLIND502168ISIN INE732C01016
  • Commodities
  • Cement & Cement Products
  • BSE Commodities

Share price

₹163.00+2.25 (+1.40%)
as of 4 Nov 2026
NCL Industries Limited share price, 4 Nov 2025 to 4 Nov 2026: ₹201.40 to ₹163.00 (-19.1%). Low ₹148.55, high ₹210.05. Volume shown below the price.

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high
₹213.85
52W low
₹147.65
Off 52W high
-23.78%
1M return
-3.95%
3M return
-6.35%
6M return
-6.70%
1Y return
-19.07%
20D avg volume
2,307
50 DMA
₹170.33
200 DMA
₹178.43

Key ratios Consolidated

Market cap
₹737.29 Cr
Current price
₹163.00
52W high / low
₹213.85 / ₹147.65
Face value
₹10.00
P/E
7.97
P/B
0.78
EPS (TTM)
₹20.45
Book value / share
₹207.86
ROE
—
ROCE
12.30%
Operating margin
—
Net margin
—
Debt / equity
0.25
Net debt
₹233.26 Cr
Interest cover
8.21
Dividend yield
2.15%
Dividend / share (TTM)
₹3.50
Payout
17.11%
Cash conversion cycle
52.3 days

Financials

MetricQ1 FY27Q4 FY26Q3 FY26Q2 FY26Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24Q2 FY24
Income statement
343.67399.63342.99345.05338.47382.86341.39330.38354.89494.94505.02430.87
4.1311.917.647.664.379.045.083.473.596.933.463.92
347.80411.54350.63352.70342.83391.90346.48333.85358.47501.87508.48434.79
324.28368.54327.28313.80306.74382.45341.16316.97337.26468.41467.15412.25
72.5377.41104.6496.57105.79129.59120.81116.56128.78128.81138.58121.80
0.000.000.000.000.000.00——————
18.6017.1518.8918.1818.5619.1818.5418.3419.4515.7416.0217.00
5.514.575.254.475.494.765.285.185.675.315.876.98
14.7115.3815.2013.4413.4615.0813.7814.9612.8216.1513.1113.53
210.76233.32186.31180.73174.45205.50————138.23—
23.5243.0123.3538.9036.109.455.3216.8821.2133.4641.3422.54
0.000.000.00-9.770.000.000.00-10.060.000.000.000.00
23.5243.0123.3529.1336.109.455.326.8221.2133.4641.3422.54
6.13-23.0810.119.2415.822.512.344.308.459.5816.618.90
17.3841.9813.2419.9020.276.932.982.5112.7723.8824.7313.63
3.8415.142.934.404.481.480.660.562.825.195.473.01
Key metrics
43.7462.9643.8047.0455.0529.2924.3826.9639.7054.9260.3243.05
12.70%15.80%12.80%13.60%16.30%7.70%7.10%8.20%11.20%11.10%11.90%10.00%
5.10%10.50%3.90%5.80%6.00%1.80%0.90%0.80%3.60%4.80%4.90%3.20%
—3.70%—2.70%—1.20%——————
1.50%4.40%0.50%4.40%-4.60%-22.60%-32.40%-23.30%————
-14.30%505.80%344.30%692.80%58.70%-71.00%-87.90%-81.60%————
MetricTTMFY26FY25FY24FY23FY22
Income statement
1,4311,4221,4111,8711,6101,633
31.3431.5721.1718.8918.8011.13
1,4631,4541,4321,8901,6281,645
1,3341,3071,3791,7441,5371,498
351.15298.65495.73517.84495.44460.40
0.000.000.00———
72.8271.2475.5266.1460.1856.82
19.8019.0420.8922.9626.2124.20
58.7355.4956.6456.0649.1746.68
811.12854.89730.28———
128.78147.0452.86146.5791.23146.63
-9.77-9.77-10.060.000.000.00
119.01137.2642.80146.5791.23146.63
2.4013.5217.6053.4546.9551.69
92.5095.3925.2093.1244.2994.35
26.3121.625.5220.509.4020.69
Key metrics
197.54211.79120.33225.59166.61217.51
13.80%14.90%8.50%12.10%10.40%13.30%
6.46%6.70%1.80%5.00%2.80%5.80%
—12.30%5.20%———
2.74%0.80%-24.60%16.30%-1.50%—
182.96%278.50%-72.90%110.30%-53.10%—
—35.16-31.65———
—1.523.42———
—0.250.29———
—233.26233.99———
—52.360.1———
Balance sheet
—1,5741,635———
—337.24461.32———
—3.3114.89———
—118.33135.79———
—148.07248.11———
—60.6146.12———
—1,109939.30———
—62.87151.45———
—299.22404.30———
—236.57248.88———
—87.24102.17———
—149.33146.71———
—940.20858.24———
Cash flow
—144.9786.18———
—-107.66-111.13———
—-48.89-4.80———
—109.81117.83———
MetricQ1 FY27Q4 FY26Q3 FY26Q2 FY26Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24Q2 FY24
Income statement
343.67399.63342.99345.05338.47382.86341.39330.38354.89494.94505.02430.87
4.1311.917.647.664.368.464.793.473.586.283.453.92
347.80411.54350.63352.71342.83391.32346.18333.85358.47501.22508.47434.79
324.39368.40327.24313.89306.82382.43340.49316.84337.09467.46466.76412.05
72.5277.41104.6496.57105.79129.59120.81116.56128.78128.81138.58121.80
0.000.000.000.000.000.00——————
18.6017.1518.8818.1818.5619.1818.5318.3219.4315.7215.9916.98
5.734.755.434.655.675.435.285.185.675.315.876.98
14.6315.2915.1113.3613.3714.9913.6914.8812.7416.0613.0313.44
210.74233.10186.17180.73174.45204.89————137.96—
23.4143.1423.4038.8136.018.895.7017.0121.3833.7641.7222.74
0.000.000.00-9.770.000.00—-10.06————
23.4143.1423.4029.0436.018.895.706.9521.3833.7641.7222.74
6.16-23.0510.149.3015.802.452.344.308.459.5816.618.90
17.2442.0913.2619.7420.216.443.362.6512.9424.1825.1113.84
3.8115.162.934.364.471.370.740.582.865.255.553.06
Key metrics
43.7763.1843.9447.0555.0529.3124.6727.0139.7955.1360.6243.16
12.70%15.80%12.80%13.60%16.30%7.70%7.20%8.20%11.20%11.10%12.00%10.00%
5.00%10.50%3.90%5.70%6.00%1.70%1.00%0.80%3.60%4.90%5.00%3.20%
—3.70%—2.70%—1.20%——————
1.50%4.40%0.50%4.40%-4.60%-22.60%-32.40%-23.30%————
-14.70%553.60%294.60%644.90%56.20%-73.40%-86.60%-80.90%————
MetricTTMFY26FY25FY24FY23FY22
Income statement
1,4311,4221,4111,8711,6101,633
31.3431.5720.3018.2119.2311.13
1,4631,4541,4311,8901,6291,645
1,3341,3071,3781,7421,5361,495
351.14298.65495.73517.84495.44460.40
0.000.000.00———
72.8171.2475.4666.0560.0856.69
20.5619.7421.5622.9626.2124.20
58.3955.1556.2955.7248.4944.52
810.74854.53729.00———
128.76147.0452.99147.6592.94149.83
-9.77-9.77-10.06———
118.99137.2742.93147.6592.94149.83
2.5513.6217.5453.4546.9551.69
92.3395.2925.3894.2046.0098.14
26.2627.875.5620.749.8121.54
Key metrics
197.94212.16120.78226.33167.64218.55
13.83%14.90%8.60%12.10%10.40%13.40%
6.45%6.70%1.80%5.00%2.90%6.00%
—12.30%5.20%———
2.74%0.80%-24.60%16.30%-1.50%—
182.70%275.50%-73.10%104.80%-53.10%—
—35.90-21.36———
—1.533.80———
—0.250.29———
—233.41234.17———
—52.360.1———
Balance sheet
—1,5881,648———
—336.99461.07———
—3.1614.71———
—118.33135.79———
—148.07248.11———
—60.6146.12———
—1,088918.45———
—62.87151.45———
—307.19411.82———
—236.57248.88———
—87.24102.17———
—149.33146.71———
—946.25864.38———
Cash flow
—145.7196.47———
—-107.66-111.13———
—-49.60-5.47———
—109.81117.83———

Compounded growth

Standalone

Sales CAGR 3Y
-4.05%
Sales CAGR 5Y
—
Profit CAGR 3Y
+27.48%
Profit CAGR 5Y
—
Sales YoY (TTM)
+2.74%
Profit YoY (TTM)
+182.70%

Consolidated

Sales CAGR 3Y
-4.05%
Sales CAGR 5Y
—
Profit CAGR 3Y
+29.14%
Profit CAGR 5Y
—
Sales YoY (TTM)
+2.74%
Profit YoY (TTM)
+182.96%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding
42.50%
QuarterSeptember 2026June 2026
Promoter %42.50%41.69%
HolderTypeHoldingPreviousChange
RAVI KALIDINDIPromoter7.31%7.01%+0.30%
GAUTAM KALIDINDIPromoter Group6.16%6.15%+0.01%
ROOPA KALIDINDIPromoter Group5.98%5.98%0.00%
KALIDINDI POOJAPromoter Group4.20%4.20%0.00%
ANURADHA KALIDINDIPromoter Group3.31%3.31%0.00%
ANAND RATHI GLOBAL FINANCE LIMITEDPublic2.79%2.79%0.00%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSPublic2.27%2.27%0.00%
INTEGRATED INSURANCE BROKING SERVICES PRIVATEPublic1.57%——
KAKATIYA INDUSTRIES PRIVATE LIMITEDPromoter Group1.47%1.39%+0.08%
GORADIA VINODRAI VACHHARAJ GORADIA CHARULATA VINODRAIPromoter1.38%1.38%0.00%
DIVYA PENUMACHAPromoter Group1.28%1.28%0.00%
NCL HOLDINGS (A&S) LIMITEDPromoter Group1.15%0.69%+0.46%
BHARAT C JAINPublic1.12%——
BYNA MURALIPublic1.11%——
NCL BUILDTEK LIMITEDPromoter Group1.08%1.08%0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

CompanyMkt cap (₹ Cr)Price (₹)P/EROCESales YoYProfit YoY1Y return
UltraTech Cement Ltd3,48,31111,820.0039.4311.90%+17.79% TTM+19.27% TTM+0.04%
Grasim Industries Ltd2,13,6793,139.8518.784.00%+20.48% TTM+31.03% TTM+9.00%
Ambuja Cements Ltd.93,218375.1529.874.60%+3.12% TTM-56.51% TTM-33.87%
Shree Cements Ltd.87,64024,290.0555.1310.20%+14.32% TTM-7.69% TTM-12.02%
J.K. CEMENT LTD39,1385,066.2541.2813.30%+17.33% TTM-8.34% TTM-12.30%
DALMIA BHARAT LIMITED26,3971,407.3551.867.00%+6.14% TTM-55.31% TTM-31.37%
ACC Ltd22,2541,185.0525.2210.40%+4.64% TTM-73.56% TTM-35.30%
The Ramco Cements Limited18,234771.6528.2510.50%+8.58% TTM+103.26% TTM-24.90%
JSW CEMENT LIMITED16,606121.8022.96-4.10%——-9.78%
Nuvoco Vistas Corporation Limited12,070337.9529.116.30%+10.62% TTM+51.45% TTM-15.36%
India Cements Ltd.10,270331.4083.840.30%+5.24% TTM+851.09% TTM-16.77%
Star Cement Limited7,156177.0519.5415.50%+14.53% TTM+55.17% TTM-29.36%
Birla Corporation Ltd.6,237810.0012.468.70%+3.33% TTM+0.58% TTM-32.36%
JK Lakshmi Cement Limited5,959480.0019.1911.60%+5.17% TTM-35.85% TTM-43.64%
PRISM JOHNSON LIMITED.5,02899.8833.916.30%+1.01% TTM+156.48% TTM-30.28%
HeidelbergCement India Limited S2,720120.0525.1712.70%+6.70% TTM-16.05% TTM-38.07%
ORIENT CEMENT LIMITED S2,492121.3012.9613.30%-17.66% TTM-37.32% TTM-42.92%
Mangalam Cement Ltd. S2,432884.4023.8311.00%+0.70% TTM+32.39% TTM+16.25%
K.C.P. LTD2,034157.758.3911.50%+6.55% TTM-16.75% TTM-21.24%
Sagar Cements Ltd1,750133.90-40.062.20%+11.81% TTM+73.39% TTM-41.31%
Shree Digvijay Cement Co. Ltd.83556.43-98.305.10%+32.60% TTM-122.65% TTM-37.80%
NCL Industries Limited737163.007.9712.30%+2.74% TTM+182.96% TTM-19.07%
Visaka Industries Ltd.71382.508.3014.60%+10.76% TTM+119.30% TTM+1.26%
Deccan Cements Ltd.665474.60113.854.50%+39.38% TTM-70.89% TTM-54.21%
Saurashtra Cement Limited54048.5580.751.50%+7.86% TTM-52.15% TTM-51.26%

Filings & corporate actions

Recent announcements

Corporate actions

PurposeEx dateRecord datePayment date
Final Dividend - Rs. - 2.000011 Sep 202611 Sep 2026—
Interim Dividend - Rs. - 1.500020 Feb 202621 Feb 2026—
Final Dividend - Rs. - 2.000018 Sep 202518 Sep 2025—
Interim Dividend - Rs. - 1.000018 Feb 202518 Feb 2025—
Final Dividend - Rs. - 2.500013 Sep 2024——

Board meetings

  • Board Meeting - Financial Results