NCL Industries Ltd (NCLIND) — shareholding pattern, promoter holding, financials and share price
About NCL Industries Ltd (NCLIND)
NCL Industries Ltd operates in the Cement & Cement Products industry, within the Construction Materials sector. It trades on the NSE as NCLIND and on the BSE under scrip code 502168. Its ISIN is INE732C01016.
Incorporated in 1979, NCL Industries Ltd manufactures and sells Cement, RMC, CBPB, Doors, and operates 2 SHP projects [1]
NCL Industries Ltd. is primarily engaged in the manufacturing and selling of cement, ready-mix concrete, cement bonded particle boards, and doors. It also operates two small hydro power projects.
With a rich history dating back to 1979, the company has grown its cement production capacity to 2.97 lakh TPA. It has established a strong brand loyalty in Andhra Pradesh's cement market, enabling premium pricing.
Listed peers in Cement & Cement Products: Shree Digvijay Cement Co. Ltd, Deccan Cements Ltd, Visaka Industries Ltd, BIGBLOC Construction Ltd, Saurashtra Cement Ltd, Shiva Cement Ltd.
Valuation & Returns
10 Jul 2026At ₹186 a share on 10 Jul 2026, NCL Industries Ltd (NCLIND) was valued at a price-to-earnings ratio of 7.04x against an industry P/E of 34.43x and a price-to-book of 0.98x on a book value of ₹189.74 per share as of Mar 2025. Solomo computes return on equity of 13.92% and return on capital employed of 13.63% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 7.04x
- Industry P/E
- 34.43x
- P/B
- 0.98x
- EPS (TTM)
- ₹26.42
- Book value / share
- ₹189.74
- ROE
- 13.92%
- ROCE
- 13.63%
- ROA
- 7.31%
- Debt / equity
- 0.29x
- Dividend yield
- 1.88%
- EBITDA margin
- 12.93%
- 52-week range
- ₹147.65 – ₹239.2
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, NCL Industries Ltd (NCLIND) reported revenue of ₹1,422 crore, net profit of ₹95 crore and earnings per share of ₹21.09. That compares with revenue of ₹1,799 crore and net profit of ₹25 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹400 crore and net profit ₹42 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 2,046 | 2,044 | 2,104 | 1,799 | 1,422 |
| Net profit (₹ cr) | 94 | 44 | 93 | 25 | 95 |
| EPS (₹) | 20.86 | 9.79 | 20.61 | 5.57 | 21.09 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 7.13% | 8.51% | -4.77% | -14.50% |
| Profit growth | -7.87% | -12.97% | -36.29% | -72.97% |
| Stock price CAGR | 3% | -5% | -2% | -18% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 41.67% of NCL Industries Ltd (NCLIND) (up 0.11 pp QoQ), foreign institutional investors (FII) hold 3.45% and domestic institutional investors (DII) hold 0.03%. Promoters have pledged 13.7% of their holding. Market capitalisation was ₹841 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: ANAND RATHI GLOBAL FINANCE LIMITED 2.79%, INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS 2.27%, BYNA MURALI BYNA SAILAJA NARASIMHA RAJU BYNA 1.11%, BHARAT C JAIN AMIT BHUTRA 1.05%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 41.67% | 13.7% | 3.45% | 0.03% | 58.33% |
| Mar 2026 | 41.56% | 13.9% | 3.87% | 0.19% | 58.44% |
| Dec 2025 | 40.95% | 14.4% | 3.95% | 0.16% | 59.05% |
| Sep 2025 | 40.92% | 14.8% | 4.45% | 0.08% | 59.08% |
| Jun 2025 | 41.01% | 16.8% | 5.77% | 0.09% | 58.99% |
| Mar 2025 | 42.27% | 17.9% | 5.25% | 0.03% | 57.73% |
| Dec 2024 | 42.11% | 18.3% | 5.14% | 0.03% | 57.89% |
| Sep 2024 | 42.08% | 18.4% | 5.33% | 0.03% | 57.92% |