NCLIND

NCL Industries financials

Market cap
₹792 Cr
Sector
Construction Materials

What NCL Industries Limited does

NCL Industries manufactures cement under the Nagarjuna Cement brand from two plants in Telangana and Andhra Pradesh with a combined installed capacity of 3.30 million tonnes a year, sold through a network of 2,500+ dealers and distributors. It also makes cement-bonded particle boards (Bison Panel) at three plants, ready-mix concrete from ten plants around Hyderabad and Visakhapatnam, and doors at its Malkapur facility, which it describes as India's largest doors manufacturing plant with capacity for 1,000 doors a day. The company additionally runs two mini-hydel power projects generating 15.75 MW of renewable energy used to meet the needs of its power-intensive plants.

Segments

  • Cement
  • Boards
  • Ready Mix Concrete (RMC)
  • Doors
  • Energy
Cement installed capacity
3.30 million tonnes/year (2 plants, Telangana & Andhra Pradesh)
Cement dealer/distributor network
2,500+
Ready Mix Concrete plants
10 (Hyderabad & Visakhapatnam)
Bison Panel (cement board) plants
3 (Mattapalli x2, Paonta Sahib)
Bison Panel distributor network
450+ across India
Doors manufacturing capacity
1,000 doors/day at Malkapur plant
Founded 1979Headquarters Secunderabad, TelanganaEmployees 994 (FY24) Company website

Quarterly results

Q1 FY27: revenue up 2.7%, net profit down 15.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue330 341 375 335 345 +5%343 +1%400 +7%344 +3%
EBITDA34 20 24 52 49 +44%37 +85%51 +113%40 −23%
Net profit3 3 6 20 20 +567%13 +333%42 +600%17 −15%
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 −18.1% 1Y

₹160₹180₹200Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹213.78 on 10 Sept 2025 → ₹175.05. High ₹213.78 (10 Sept 2025), low ₹148.17 (30 Mar 2026).

Financials, as filed

Revenue fell 4.0% a year over 3 years, FY23 to FY26. Operating margin widened to 13.3%.

Year endingFY23FY24FY25FY26
Revenue₹1.6k Cr₹1.7k Cr₹1.4k Cr₹1.4k Cr
Operating profit₹149 Cr₹208 Cr₹114 Cr₹189 Cr
Operating margin9.3%12.4%8.1%13.3%
Interest₹26 Cr₹23 Cr₹21 Cr₹20 Cr
Depreciation₹49 Cr₹55 Cr₹56 Cr₹55 Cr
Net profit₹46 Cr₹94 Cr₹25 Cr₹95 Cr
Net margin2.9%5.6%1.8%6.7%
Cash from operations₹208 Cr₹183 Cr₹96 Cr₹146 Cr
Free cash flow₹105 Cr₹118 Cr₹-18 Cr₹38 Cr
ROCE11.0%16.0%8.0%15.0%
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 endingFY21FY22FY23FY24FY25FY26
Equity capital₹45 Cr₹45 Cr₹45 Cr₹45 Cr₹45 Cr₹45 Cr
Reserves₹620 Cr₹699 Cr₹730 Cr₹810 Cr₹850 Cr₹901 Cr
Borrowings₹320 Cr₹335 Cr₹292 Cr₹218 Cr₹259 Cr₹239 Cr
Other liabilities₹314 Cr₹392 Cr₹441 Cr₹469 Cr₹493 Cr₹403 Cr
Total liabilities₹1.3k Cr₹1.5k Cr₹1.5k Cr₹1.5k Cr₹1.6k Cr₹1.6k Cr
Fixed assets₹789 Cr₹773 Cr₹986 Cr₹969 Cr₹921 Cr₹1.1k Cr
Capital work in progress₹61 Cr₹171 Cr₹28 Cr₹39 Cr₹220 Cr₹2 Cr
Investments₹30 Cr₹50 Cr₹35 Cr₹51 Cr₹46 Cr₹46 Cr
Other assets₹419 Cr₹477 Cr₹459 Cr₹484 Cr₹460 Cr₹449 Cr
Total assets₹1.3k Cr₹1.5k Cr₹1.5k Cr₹1.5k Cr₹1.6k Cr₹1.6k 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, FIIs trimmed −2.32 pp while the public added +1.73 pp. The shareholder count shrank 9% to 48,540.

Promoters
41.7%
FIIs
3.5%
DIIs
0.0%
Government
0.0%
Public
54.8%

Since Jun 2025

  • FIIs −2.32 pp
  • Public +1.73 pp
  • Promoters +0.65 pp

How it drifted, 12 quarters

Over this window the public went from 51.3% to 54.8% — +3.6 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 44.5%, FIIs 4.2%, DIIs 0.0%, Government 0.0%, Public 51.3%.Dec '23: Promoters 44.5%, FIIs 4.9%, DIIs 0.0%, Government 0.0%, Public 50.6%.Mar '24: Promoters 43.7%, FIIs 5.2%, DIIs 0.0%, Government 0.0%, Public 51.1%.Jun '24: Promoters 42.3%, FIIs 5.4%, DIIs 0.4%, Government 0.0%, Public 51.9%.Sep '24: Promoters 42.1%, FIIs 5.3%, DIIs 0.0%, Government 0.0%, Public 52.5%.Dec '24: Promoters 42.1%, FIIs 5.1%, DIIs 0.0%, Government 0.0%, Public 52.7%.Mar '25: Promoters 42.3%, FIIs 5.2%, DIIs 0.0%, Government 0.0%, Public 52.4%.Jun '25: Promoters 41.0%, FIIs 5.8%, DIIs 0.1%, Government 0.0%, Public 53.1%.Sep '25: Promoters 40.9%, FIIs 4.5%, DIIs 0.1%, Government 0.0%, Public 54.5%.Dec '25: Promoters 41.0%, FIIs 4.0%, DIIs 0.2%, Government 0.0%, Public 54.9%.Mar '26: Promoters 41.6%, FIIs 3.9%, DIIs 0.2%, Government 0.0%, Public 54.4%.Jun '26: Promoters 41.7%, FIIs 3.5%, DIIs 0.0%, Government 0.0%, Public 54.8%.

Who was buying across the market this quarter →

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.

The same filing shows 2 holders trimming and 1 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of NCL Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Ravi Kalidindi 7.01%+0.17 pp
Gautam Kalidindi 6.15%unchanged
Roopa Kalidindi 5.98%unchanged
Kalidindi Pooja 4.20%unchanged
Anuradha Kalidindi 3.31%unchanged
Anand Rathi Global Finance Limited 2.79%unchanged
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs 2.27%newly disclosed
Kakatiya Industries Private Limited 1.39%unchanged
Goradia Vinodrai Vachharaj Goradia Charulata Vinodrai 1.38%unchanged
Divya Penumacha 1.28%unchanged
Byna Murali Byna Sailaja Narasimha Raju Byna 1.11%unchanged
Ncl Buildtek Limited 1.08%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 NCL Industries Limited

Guides on how to read this kind of business and the numbers that matter.