NCL Industries

₹169.79As of Sun 8 Nov 2026, 12:00 UTC

NSE:NCLINDMaterials

Country India

PE (Fwd) 7.965

TSR 10Y CAGR 3.46%

Div yield 2.06%

ROE —

Building Materials

Beta (5Y) 0.15

PE TTM 8.051

TSR TTM (12.09%)

Mkt cap ₹7.556B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹185

9.11%

23.84%

Price below Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

14.22

Revenue₹B

—

16.33

16.10

16.43

13.62

14.22

14.39

(3.40%)

4.40

Revenue growth%

—

(1.45)

2.10

(17.12)

4.40

1.22

0.32

—

43.76

Gross margin%

—

50.54

43.59

41.64

40.20

43.76

43.54

43.59

100

10.50

Operating margin%

—

10.22

6.78

9.99

5.63

10.50

10.39

9.99

6.71

Net margin%

—

5.78

2.75

5.67

1.85

6.71

6.61

5.67

8.051

P/E ratio (avg)x

—

10.31

18.19

10.60

39.75

9.669

8.068

10.60

5.143

EV/EBITx

—

5.827

7.385

6.020

13.05

6.177

5.134

6.177

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

21.09

EPS₹

—

20.86

9.79

20.61

5.57

21.09

21.05

0.27%

—

278.58

EPS growth%

—

(53.06)

110.49

(72.97)

278.58

(0.21)

28.71

—

Bookvalue per sh₹

—

FCF per share₹

—

3.50

Dividend per sh₹

—

3.00

4.00

3.00

3.50

3.62

3.93%

—

2.06

Div yield (avg)%

—

1.39

1.68

1.83

1.35

1.72

2.13

1.68

16.60

Payout ratio%

—

14.38

30.64

19.41

53.85

16.60

17.22

19.41

45.23

Shares (diluted)M

—

45.23

◌45.23

—

Buyback yield%

—

◌—

—

D/E ratiox

—

7.680

Enterprise value₹B

—

9.729

8.056

9.883

10.02

9.223

7.680

(1.32%)

—

LT debt₹M

—

Peers (US$78.52M)

Cap (US$)

Shree Digvijay Cement…

87.77M

—

Deccan Cements Limited

70.53M

114.6x

Saurashtra Cement…

57.85M

80.59x

Southern Concrete Pile…

78.53M

8.973x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

8.252

6.912

Own earn%

—

Sh yield%

2.06

1.70

Owners

Insiders/Inst%

45.00

3.29

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

5/5

Revenue growth years

2/4

EPS growth years

2/4

Dividend streakyrs

Op margin range%

6–11

$1 testx

—

Incr. ROIC%

—

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.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹14.22B

(3.40%)

1.00×

Cost of revenue

₹7.998B

(0.25%)

1.14×

Operating expenses

₹4.730B

(7.94%)

0.82×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m