NCL INDUSTRIES LIMITED (NCLIND) financials

NCL INDUSTRIES LIMITED (NCLIND) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1979, NCL Industries Ltd manufactures and sells Cement, RMC, CBPB, Doors, and operates 2 SHP projects[1]

Market Cap: ₹736Cr.
Current Price: ₹163
Stock P/E: 5.94
ROE: 11.3%
ROCE: 14.6%
Book Value: ₹209
Dividend Yield: 2.15%
52W High / Low: ₹215/148

In Jun 2026, NCL INDUSTRIES LIMITED (NCLIND) reported sales ₹344 Cr and net profit ₹17 Cr.

Annual TTM: sales ₹1,431 Cr, net profit ₹92 Cr.

Shareholding: Promoters 42.50% (Sep 2026), FIIs 3.42% (Sep 2026), DIIs 0.03% (Sep 2026), Government 0.01% (Sep 2026), Public 54.04% (Sep 2026).

NCLIND quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	330	341	375	335	345	343	400	344
Expenses	297	322	351	283	296	306	348	304
Operating Profit	34	20	24	52	49	37	51	40
OPM %	10%	6%	6%	15%	14%	11%	13%	12%
Other Income	-7	5	6	3	-2	7	-12	4
Interest	5	5	5	5	5	5	5	6
Depreciation	15	14	14	13	13	14	15	15
Profit before tax	7	6	10	37	29	24	19	23
Tax %	62%	41%	38%	45%	32%	44%	-121%	26%
Net Profit	3	3	6	20	20	13	42	17
EPS in Rs	0.59	0.74	1.42	4.47	4.36	2.93	9.31	3.81
Raw PDF	—	—	—	—	—	—	—	—

NCLIND profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	938	1,749	2,046	2,044	2,104	1,742	1,747	1,431
Expenses	797	1,465	1,838	1,895	1,895	1,619	1,555	1,254
Operating Profit	140	284	208	149	209	123	192	177
OPM %	15%	16%	10%	7%	10%	7%	11%	12%
Other Income	3	7	11	19	18	1	-7	-3
Interest	32	22	25	27	24	23	21	20
Depreciation	42	41	45	48	56	54	55	58
Profit before tax	69	228	150	93	148	48	109	95
Tax %	27%	35%	34%	51%	36%	47%	13%	—
Net Profit	51	149	98	46	94	25	95	92
EPS in Rs	11.24	32.87	21.70	10.17	20.83	5.61	21.07	20.41
Dividend Payout %	1%	12%	14%	30%	19%	36%	17%	—

NCLIND balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	45	45	45	45	45	45	45	45
Reserves	454	483	620	699	730	810	819	901
Borrowings	336	347	320	335	292	218	252	239
Other Liabilities	260	278	314	392	441	469	532	403
Total Liabilities	1,095	1,153	1,299	1,472	1,508	1,542	1,648	1,588
Fixed Assets	658	695	789	773	986	969	922	1,091
CWIP	90	90	61	171	28	39	148	2
Investments	0	0	30	50	35	51	50	46
Other Assets	346	368	419	477	459	484	528	449
Total Assets	1,095	1,153	1,299	1,472	1,508	1,542	1,648	1,588

NCLIND cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	71	106	237	106	208	183	96	146
Cash from Investing Activity	-69	-78	-136	-139	-101	-64	-111	-108
Cash from Financing Activity	4	-31	-52	-25	-83	-110	-5	-50
Net Cash Flow	6	-4	49	-58	24	9	-20	-12
Free Cash Flow	2	27	101	-33	105	118	-18	38
CFO/OP	64%	89%	107%	73%	168%	103%	87%	96%

NCLIND shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	42.11%	42.27%	41.02%	40.93%	40.95%	41.56%	41.67%	42.50%
FIIs	5.14%	5.24%	5.77%	4.45%	3.95%	3.87%	3.45%	3.42%
DIIs	0.03%	0.04%	0.09%	0.09%	0.16%	0.20%	0.03%	0.03%
Government	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.01%	0.01%
Public	52.69%	52.43%	53.11%	54.53%	54.92%	54.38%	54.84%	54.04%
No. of Shareholders	58,121	56,558	53,412	50,910	49,403	48,817	48,540	48,577

NCLIND key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	56	56	22	30	25	25	28	25
Inventory Days	214	327	173	186	240	217	327	215
Days Payable	184	197	121	103	144	110	200	91
Cash Conversion Cycle	87	186	75	114	122	132	156	148
Working Capital Days	-4	-16	-8	17	10	11	6	11
ROCE %	12%	12%	27%	17%	11%	16%	8%	15%

NCLINDUpdated 13 Oct 2026, 5:20

Ncl Industries Limited

NCLINDUpdated 13 Oct 2026, 5:20

Market Cap

₹736Cr.

Current Price

₹163

High / Low

₹215/148

Stock P/E

5.94

ROE11.3%

ROCE14.6%

Book Value₹209

Face Value₹10.0

Dividend Yield2.15%

About

Incorporated in 1979, NCL Industries Ltd manufactures and sells Cement, RMC, CBPB, Doors, and operates 2 SHP projects[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	441	5	378	5	13	49	37	31	6.87
Sep 2023	391	7	352	4	13	23	39	14	3.06
Dec 2023	433	6	376	3	13	42	40	25	5.55
Mar 2024	419	5	370	6	16	34	28	24	5.35
Jun 2024	355	6	319	4	13	21	40	13	2.86
Sep 2024	330	5	297	-7	15	7	62	3	0.59
Dec 2024	341	5	322	5	14	6	41	3	0.74
Mar 2025	375	5	351	6	14	10	38	6	1.42
Jun 2025	335	5	283	3	13	37	45	20	4.47
Sep 2025	345	5	296	-2	13	29	32	20	4.36
Dec 2025	343	5	306	7	14	24	44	13	2.93
Mar 2026	400	5	348	-12	15	19	-121	42	9.31
Jun 2026	344	6	304	4	15	23	26	17	3.81

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	534	37	463	5	26	12	28	9	2.55
Mar 2016	750	31	628	2	25	67	21	53	14.45
Mar 2017	868	32	753	4	25	62	11	55	14.88
Mar 2018	880	32	746	7	35	74	34	49	10.86
Mar 2019	980	37	843	6	45	61	23	47	10.36
Mar 2020	938	32	797	3	42	69	27	51	11.24
Mar 2021	1749	22	1465	7	41	228	35	149	32.87
Mar 2022	2046	25	1838	11	45	150	34	98	21.7
Mar 2023	2044	27	1895	19	48	93	51	46	10.17
Mar 2024	2104	24	1895	18	56	148	36	94	20.83
Mar 2025	1742	23	1619	1	54	48	47	25	5.61
Mar 2026	1747	21	1555	-7	55	109	13	95	21.07
TTM	1431	20	1254	-3	58	95	—	92	20.41

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	42.5%
FIIs	3.42%
DIIs	0.03%
Government	0.01%
Public	54.04%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Dec 2023	44.48%	4.88%	0.03%	0.02%	50.59%
Mar 2024	43.71%	5.17%	0.03%	0.02%	51.07%
Jun 2024	42.31%	5.41%	0.39%	0.02%	51.88%
Sep 2024	42.08%	5.33%	0.03%	0.02%	52.53%
Dec 2024	42.11%	5.14%	0.03%	0.02%	52.69%
Mar 2025	42.27%	5.24%	0.04%	0.02%	52.43%
Jun 2025	41.02%	5.77%	0.09%	0.02%	53.11%
Sep 2025	40.93%	4.45%	0.09%	0.02%	54.53%
Dec 2025	40.95%	3.95%	0.16%	0.02%	54.92%
Mar 2026	41.56%	3.87%	0.2%	0.02%	54.38%
Jun 2026	41.67%	3.45%	0.03%	0.01%	54.84%
Sep 2026	42.5%	3.42%	0.03%	0.01%	54.04%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	35	118	179	258	590	407	2	0	181	590
Mar 2016	37	160	202	224	623	392	11	0	221	623
Mar 2017	37	190	347	210	784	385	152	0	246	784
Mar 2018	45	416	278	224	962	693	33	0	237	962
Mar 2019	45	454	336	260	1095	658	90	0	346	1095
Mar 2020	45	483	347	278	1153	695	90	0	368	1153
Mar 2021	45	620	320	314	1299	789	61	30	419	1299
Mar 2022	45	699	335	392	1472	773	171	50	477	1472
Mar 2023	45	730	292	441	1508	986	28	35	459	1508
Mar 2024	45	810	218	469	1542	969	39	51	484	1542
Mar 2025	45	819	252	532	1648	922	148	50	528	1648
Mar 2026	45	901	239	403	1588	1091	2	46	449	1588

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	56	4	-57	3
Mar 2016	130	-18	-97	15
Mar 2017	18	-161	133	-9
Mar 2018	156	-223	70	4
Mar 2019	71	-69	4	6
Mar 2020	106	-78	-31	-4
Mar 2021	237	-136	-52	49
Mar 2022	106	-139	-25	-58
Mar 2023	208	-101	-83	24
Mar 2024	183	-64	-110	9
Mar 2025	96	-111	-5	-20
Mar 2026	146	-108	-50	-12

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	30	26	20	32	56	56	22	30	25	25	28	25
Inventory Days	242	256	199	240	214	327	173	186	240	217	327	215
Days Payable	191	99	126	146	184	197	121	103	144	110	200	91
Cash Conversion Cycle	82	183	93	127	87	186	75	114	122	132	156	148
Working Capital Days	-63	-58	2	-5	-4	-16	-8	17	10	11	6	11
ROCE %	14%	27%	19%	16%	12%	12%	27%	17%	11%	16%	8%	15%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of NCL INDUSTRIES LIMITED (NCLIND)?

The reported market capitalisation for NCL INDUSTRIES LIMITED (NCLIND) is ₹736Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of NCLIND?

The current price shown for NCL INDUSTRIES LIMITED (NCLIND) on Fincrux is ₹163 with a 52-week high/low of ₹215/148.

What is the P/E ratio of NCL INDUSTRIES LIMITED (NCLIND)?

The stock P/E for NCL INDUSTRIES LIMITED (NCLIND) is 5.94 on Fincrux, with ROE at 11.3% and ROCE at 14.6%.

What were NCLIND latest quarterly results?

For Jun 2026, NCL INDUSTRIES LIMITED (NCLIND) reported sales ₹344 Cr and net profit ₹17 Cr (figures in ₹ crore unless noted).

What are NCLIND annual sales and net profit?

For TTM, NCL INDUSTRIES LIMITED (NCLIND) shows sales of ₹1,431 Cr and net profit of ₹92 Cr on the Fincrux profit & loss statement.

Who owns NCL INDUSTRIES LIMITED (NCLIND)?

Latest shareholding for NCL INDUSTRIES LIMITED (NCLIND) on Fincrux: Promoters 42.50% (Sep 2026), FIIs 3.42% (Sep 2026), DIIs 0.03% (Sep 2026), Government 0.01% (Sep 2026), Public 54.04% (Sep 2026).

Where can I find NCL INDUSTRIES LIMITED (NCLIND) financials?

NCL INDUSTRIES LIMITED (NCLIND) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show NCLIND balance sheet and cash flow?

Yes. The NCL INDUSTRIES LIMITED (NCLIND) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 13 October 2026 at 5:20