NACLIND
NACL Industries share price & financials
- Price
- ₹213.45
- Market cap
- ₹3.7k Cr
- Sector
- Chemicals
What NACL Industries Limited does
NACL Industries manufactures technical-grade agrochemical active ingredients — insecticides, herbicides, fungicides and plant growth regulators — and converts them in-house into branded formulations sold to farmers through its own direct-to-retail distribution network. It runs an integrated crop-protection value chain spanning R&D, technical manufacturing, formulation/packaging, and distribution, serving both a domestic farmer base and B2B/export customers including multinational agrochemical companies. The company also undertakes custom and contract manufacturing for global agrochemical majors.
Segments
- Technical (Active Ingredients)
- Formulations
- Manufacturing plants (technical)
- 4
- Installed technical manufacturing capacity
- 17,000 TPA
- Formulation/packaging capacity
- 12,000 KL liquids, 5,600 MT powders, 35,000 MT granules
- Branded products
- 66+
- NACL stock points (India)
- 47
- Farmer customers served
- 5 million
Quarterly results
Q1 FY27: revenue down 14.5%, net profit up 61.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 440 | 268 | 201 | 448 | 457 +4% | 318 +19% | 361 +80% | 383 −15% |
| EBITDA | 41 | -26 | -74 | 38 | 45 +10% | 7 +127% | 13 +118% | 41 +8% |
| Net profit | 15 | -36 | -50 | 13 | 3 −80% | -10 +72% | -1 +98% | 21 +62% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −38.4% 1Y
1Y: ₹255.85 on 10 Sept 2025 → ₹157.62. High ₹255.85 (10 Sept 2025), low ₹115.93 (16 Mar 2026).
Financials, as filed
Revenue fell 9.2% a year over 3 years, FY23 to FY26. Operating margin narrowed to 6.5%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹2.1k Cr | ₹1.8k Cr | ₹1.2k Cr | ₹1.6k Cr |
| Operating profit | ₹193 Cr | ₹17 Cr | ₹-63 Cr | ₹103 Cr |
| Operating margin | 9.1% | 1.0% | -5.1% | 6.5% |
| Interest | ₹47 Cr | ₹76 Cr | ₹64 Cr | ₹46 Cr |
| Depreciation | ₹28 Cr | ₹28 Cr | ₹29 Cr | ₹32 Cr |
| Net profit | ₹95 Cr | ₹-59 Cr | ₹-92 Cr | ₹5 Cr |
| Net margin | 4.5% | -3.3% | -7.5% | 0.3% |
| Cash from operations | ₹-20 Cr | ₹50 Cr | ₹469 Cr | ₹-104 Cr |
| Free cash flow | ₹-166 Cr | ₹11 Cr | ₹438 Cr | ₹-134 Cr |
| ROCE | 15.0% | 0.0% | -8.0% | 8.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹23 Cr |
| Reserves | ₹399 Cr | ₹469 Cr | ₹554 Cr | ₹491 Cr | ₹424 Cr | ₹660 Cr |
| Borrowings | ₹202 Cr | ₹531 Cr | ₹724 Cr | ₹789 Cr | ₹502 Cr | ₹312 Cr |
| Other liabilities | ₹355 Cr | ₹496 Cr | ₹616 Cr | ₹518 Cr | ₹542 Cr | ₹369 Cr |
| Total liabilities | ₹976 Cr | ₹1.5k Cr | ₹1.9k Cr | ₹1.8k Cr | ₹1.5k Cr | ₹1.4k Cr |
| Fixed assets | ₹220 Cr | ₹238 Cr | ₹402 Cr | ₹439 Cr | ₹465 Cr | ₹459 Cr |
| Capital work in progress | ₹36 Cr | ₹116 Cr | ₹71 Cr | ₹47 Cr | ₹2 Cr | ₹18 Cr |
| Investments | ₹16 Cr | ₹13 Cr | ₹14 Cr | ₹15 Cr | ₹8 Cr | ₹8 Cr |
| Other assets | ₹704 Cr | ₹1.1k Cr | ₹1.4k Cr | ₹1.3k Cr | ₹1.0k Cr | ₹879 Cr |
| Total assets | ₹976 Cr | ₹1.5k Cr | ₹1.9k Cr | ₹1.8k Cr | ₹1.5k Cr | ₹1.4k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +9.76 pp while promoters trimmed −9.39 pp. The shareholder count grew 24% to 48,817.
- Promoters
- 53.7%
- FIIs
- 0.1%
- DIIs
- 1.3%
- Public
- 44.9%
Since Jun 2025
- Public +9.76 pp
- Promoters −9.39 pp
- DIIs −0.42 pp
How it drifted, 12 quarters
Over this window the public went from 34.2% to 44.9% — +10.7 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 63.8%, FIIs 1.0%, DIIs 1.0%, Public 34.2%.Dec '23: Promoters 63.8%, FIIs 0.5%, DIIs 1.0%, Public 34.8%.Mar '24: Promoters 63.7%, FIIs 0.3%, DIIs 1.0%, Public 35.0%.Jun '24: Promoters 63.6%, FIIs 0.3%, DIIs 0.9%, Public 35.1%.Sep '24: Promoters 63.6%, FIIs 0.2%, Public 36.2%.Dec '24: Promoters 63.6%, FIIs 0.2%, Public 36.2%.Mar '25: Promoters 63.1%, FIIs 0.1%, Public 36.8%.Jun '25: Promoters 63.1%, FIIs 0.0%, DIIs 1.7%, Public 35.1%.Sep '25: Promoters 53.1%, FIIs 0.2%, DIIs 1.3%, Public 45.4%.Dec '25: Promoters 53.7%, FIIs 0.0%, DIIs 1.4%, Public 44.8%.Mar '26: Promoters 53.7%, FIIs 0.1%, DIIs 1.5%, Public 44.8%.Jun '26: Promoters 53.7%, FIIs 0.1%, DIIs 1.3%, Public 44.9%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Muthatha Ramanathan newly disclosed 0.00% held
- Parry International FZCO newly disclosed 0.00% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of NACL Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Coromandel International Ltd | 53.68% | unchanged |
| Rajesh Kumar Agarwal | 7.84% | unchanged |
| Krishi Rasayan Exports Private Limited | 7.84% | unchanged |
| Klr Products Limited | 3.34% | unchanged |
| Investor Educaton and Protection Fund(IEPF) | 1.40% | unchanged |
| M M Venkatachalam | 0.00% | unchanged |
| M M Murugappan | 0.00% | unchanged |
| A A Alagammai | 0.00% | unchanged |
| M V Seetha Subbiah | 0.00% | unchanged |
| M V Subbiah | 0.00% | unchanged |
| M A Murugappan Holdings Llp | 0.00% | unchanged |
| A Venkatachalam | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse NACL Industries Limited
Guides on how to read this kind of business and the numbers that matter.