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    NCL Industries Limited

    Telangana-based building-materials manufacturer producing cement (Nagarjuna Cement), cement-bonded particle boards (Bison Panel), ready-mix concrete, doors and hydroelectric power across Telangana, Andhra Pradesh and Himachal Pradesh.

    Construction Materials
    Commodities

    Overview

    Price

    Market Cap

    ₹842 Cr

    Sector

    Construction Materials

    Commodities

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital4545454545454545
    Reserves483620699730810819850901
    Borrowings347320335292218252259239
    Other Liabilities278314392441469532493403
    Total Liabilities1.2k1.3k1.5k1.5k1.5k1.6k1.6k1.6k
    AssetsFixed Assets6957897739869699229211.1k
    CWIP906117128391482202
    Investments030503551504646
    Other Assets368419477459484528460449
    Total Assets1.2k1.3k1.5k1.5k1.5k1.6k1.6k1.6k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating7110623710620818396146
    Cash from Investing-69-78-136-139-101-64-111-108
    Cash from Financing4-31-52-25-83-110-5-50
    SummaryCapital Expenditure
    Free Cash Flow227101-33105118-1838
    FCF Margin

    Valuation

    Cyclical, with too little history

    This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.

    NCLIND · CYCLICAL_UNMODELABLE

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