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NCL Industries Limited (NCLIND.NS)

INR187.81 +4.82 (+2.63%)
IN NSE Basic Materials Construction Materials
Address 10-3-162, NCL PEARL 500026
Secunderabad, IN
CEO Ravi Kalidindi
Website nclind.com
IPO 2007-04-03
ISIN INE732C01016

Explore sections of this company profile

Also trades on Bombay Stock Exchange · NCLIND.BO (INR) National Stock Exchange of India · NCLIND.NS (INR)
Description

NCL Industries Limited is an Indian enterprise primarily involved in the production and distribution of construction supplies. Its operations are diversified across five distinct divisions: Cement, Boards, Readymade Doors, Energy, and Ready Mix Concrete. The company's cement offerings, marketed under the Nagarjuna brand, encompass both ordinary Portland and pozzolana Portland varieties, alongside specialized cement formulated for concrete sleepers. Furthermore, NCL Industries supplies ready-mixed concrete, also under the Nagarjuna brand; cement-bonded particleboards known as Bison Panel; and pre-fabricated doors, branded as NCL Door. Its energy segment is dedicated to generating hydroelectric power, boasting an aggregate installed capacity of 15.75 MW. Originally incorporated as Nagarjuna Cements Limited, the firm adopted its current name, NCL Industries Limited, in December 1987. Established in 1979, the company maintains its corporate headquarters in Secunderabad, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR187.81 +4.82 (+2.63%)
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Volume Profile
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Liquidity & share structure
Average Volume
87.1K
Beta
0.06
Float Shares
30.26M
Free Float %
66.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+9.48% +11.06% +6.93% +1.16% -5.87% -6.54% -12.16% -1.71% -9.26% +60.97% +415.58%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
187.81
DCF (Unlevered) 329.36 +75.4%
DCF (Levered) 277.37 +47.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2025-04 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.00
Grey zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
3 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Construction Materials: +2.8%
    +0.8% Q1'26: +4.4% (vs Q1'25)
  • EPS growth Construction Materials: +14.1%
    +288.2% Q1'26: +537.0% (vs Q1'25)
  • FCF margin FCF growth · Construction Materials: +32.9%
    +6.2% Q1'26: +2.0% (vs Q1'25)
  • EBIT margin Construction Materials: +9.5%
    +9.5% Q1'26: +8.9% (vs Q1'25)
  • ROIC Construction Materials: +5.1%
    +10.4% Q1'26: +12.2% (vs Q1'25)
  • Share dilution Construction Materials: +0.0%
    -2.3% Q1'26: -5.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Construction Materials: 0.56×
    1.26× Q1'26: 1.17× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.05) × ERP
WACC = 78% × Ke + 22% × Kd (8.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 329.18 Current price: 187.81
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
1 Rev. Ana.
1 EPS Ana.
Revenue
7.66B
est: 8.01B (-4.4%)
8.80B
est: 8.83B (-0.2%)
9.80B
est: 10.25B (-4.4%)
9.38B
est: 9.25B (+1.3%)
13.84B
est: 9.40B (+47.2%)
16.33B
est: 13.84B (+18.0%)
16.10B
est: 17.11B (-5.9%)
18.71B
est: 17.23B (+8.6%)
14.11B
est: 19.91B (-29.1%)
21.49B
21.49B – 21.49B
+7.9% YoY
EBITDA
1.15B
est: 1.04B (+10.0%)
1.35B
est: 1.15B (+17.5%)
1.41B
est: 929.03M (+52.0%)
1.39B
est: 656.85M (+112.2%)
2.90B
est: 880.77M (+228.8%)
2.17B
est: 889.88M (+143.7%)
1.67B
est: 939.95M (+77.1%)
2.25B
est: 2.24B (+0.4%)
1.20B
est: 2.59B (-53.6%)
2.80B
2.80B – 2.80B
+7.9% YoY
EBIT
927.28M
est: 785.09M (+18.1%)
1.05B
est: 865.06M (+21.8%)
959.04M
est: 1.13B (-14.9%)
1.01B
est: 807.21M (+24.6%)
2.45B
est: 1.06B (+130.9%)
1.70B
est: 1.07B (+58.5%)
1.17B
est: 1.13B (+3.6%)
1.69B
est: 1.44B (+17.4%)
636.89M
est: 1.95B (-67.4%)
2.11B
2.11B – 2.11B
+7.9% YoY
Net Income
547.30M
est: 756.29M (-27.6%)
491.08M
est: 501.18M (-2.0%)
467.81M
est: 562.67M (-16.9%)
508.42M
est: 422.27M (+20.4%)
1.45B
est: 555.37M (+161.9%)
943.50M
est: 561.12M (+68.1%)
442.87M
est: 592.69M (-25.3%)
932.19M
est: 1.12B (-16.4%)
251.97M
est: 1.14B (-77.9%)
1.36B
1.36B – 1.36B
+19.4% YoY
SGA
2.06B
est: 2.62B (-21.4%)
2.24B
est: 2.89B (-22.4%)
2.40B
est: 3.24B (-26.0%)
2.76B
est: 2.74B (+0.8%)
4.25B
est: 3.70B (+14.9%)
5.61B
est: 3.74B (+49.9%)
4.92B
est: 3.95B (+24.5%)
6.18B
est: 5.64B (+9.4%)
4.95B
est: 6.52B (-24.1%)
7.04B
7.04B – 7.04B
+7.9% YoY
EPS
14.90
est: 16.75 (-11.0%)
13.37
est: 11.10 (+20.5%)
10.34
est: 7.50 (+37.9%)
11.24
est: 12.84 (-12.5%)
32.16
est: 10.20 (+215.3%)
20.86
est: 32.90 (-36.6%)
9.79
est: 16.20 (-39.6%)
20.61
est: 24.70 (-16.6%)
5.57
est: 25.80 (-78.4%)
30.80
30.80 – 30.80
+19.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-27 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-26 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-25 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-22 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-21 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-20 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-05-19 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-18 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-15 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-14 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-13 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-12 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-11 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-08 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-07 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-06 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-05 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-04 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-30 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-29 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-28 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-27 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-24 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-23 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-1.69B
OE per share TTM
-37.58
Owner's Yield
-21.53%
Maintenance CapEx ratio
423.09%
Maint CapEx / Avg PPE
67.3%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.31M
Shares Outstanding
45.23M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Ravi Kalidindi Vice Chairman & Managing Director 17M male
Gnana Venkata Satya Nimmagadda Gurunadha Prasad Chief Financial Officer & Executive Director 13M male
Utkal Bimal Goradia Executive Director 6M male
Somarajuealli Chakradhar Sr. President of Works male
Ashwin Goradia Assistant General Manager of Marketing male
V. S. N. Sharma General Manager of Accounts male
Divya Bharati Company Secretary & Compliance Officer female
Madhavi Penumasta Senior Vice President (Projects) female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits