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NCL Industries NCLIND.NS · INR

Materials · NSE · 🇮🇳 India

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170.40

+3.32%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2025

Revenue

₹14.11bn

FY2016FY2025

Net income

₹252.0m

FY2016FY2025

Free cash flow

−₹316.5m

FY2016FY2025

Shareholders' equity

₹8.58bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue₹14.11bn₹16.43bn₹16.10bn₹16.33bn₹13.84bn₹9.38bn₹9.80bn₹9.10bn₹8.81bn₹6.61bn
Research and development——————₹15,000₹23,000——
Operating income₹512.9m₹1.51bn₹1.05bn₹1.60bn₹2.37bn₹972.8m₹894.3m₹983.1m₹890.9m₹943.1m
Net income₹252.0m₹932.2m₹442.9m₹943.5m₹1.45bn₹508.4m₹467.8m₹491.1m₹546.7m₹530.8m
Diluted earnings per share5.5720.659.7920.8632.1311.2510.348.6014.2314.46

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets₹16.35bn₹15.39bn₹15.20bn₹14.71bn₹12.99bn₹11.53bn₹10.95bn₹9.62bn₹7.84bn₹6.23bn
Cash and short-term investments₹200.4m₹522.5m₹384.5m₹149.3m₹751.8m₹247.1m₹287.8m₹220.2m₹291.9m₹391.0m
Total liabilities₹7.77bn₹6.90bn₹7.50bn₹7.30bn₹6.34bn₹6.25bn₹5.96bn₹5.01bn₹5.57bn₹4.42bn
Debt₹1.98bn₹1.69bn₹2.31bn₹3.18bn₹2.66bn₹2.87bn₹2.66bn₹2.19bn₹3.04bn₹1.32bn
Shareholders' equity₹8.58bn₹8.49bn₹7.70bn₹7.41bn₹6.65bn₹5.28bn₹4.99bn₹4.61bn₹2.27bn₹1.81bn
Shares outstanding45m45m45m45m45m45m45m57m38m37m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations₹861.8m₹1.83bn₹2.08bn₹716.3m₹2.41bn₹1.06bn₹708.5m₹1.56bn₹181.7m₹1.30bn
Capital spending−₹1.18bn−₹619.4m−₹1.03bn−₹1.40bn−₹1.45bn−₹790.5m−₹689.1m−₹2.23bn−₹1.61bn−₹185.2m
Free cash flow−₹316.5m₹1.21bn₹1.05bn−₹684.2m₹951.1m₹267.7m₹19.4m−₹664.4m−₹1.42bn₹1.12bn
Dividends paid−₹158.3m−₹135.7m−₹135.7m−₹180.9m−₹113.1m−₹218.1m−₹81.7m−₹120.8m−₹88.4m−₹44.2m

Latest quarters

By quarter end

Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024Mar 2024
Revenue₹3.43bn₹3.45bn₹3.38bn₹3.83bn₹3.41bn₹3.30bn₹3.56bn₹4.95bn
Operating income₹209.6m₹259.5m₹372.2m₹51.7m₹55.1m₹85.2m₹233.1m₹319.3m
Net income₹132.4m₹199.0m₹202.7m₹69.3m₹29.8m₹25.1m₹127.8m₹240.0m
Diluted earnings per share2.934.404.481.530.660.562.845.31
Cash from operations—₹1.02bn—₹861.0m—₹70.0m—₹1.83bn
Capital spending—−₹940.0m—−₹1.18bn—−₹334.0m—−₹619.0m
Free cash flow—₹79.0m—−₹317.0m—−₹264.0m—₹1.21bn
Total assets—₹16.33bn—₹16.35bn—₹15.57bn—₹15.39bn
Cash and short-term investments—₹176.2m—₹200.4m—₹323.3m—₹522.5m
Debt—₹1.58bn—₹1.98bn—₹1.47bn—₹1.69bn
Shareholders' equity—₹8.89bn—₹8.58bn—₹8.53bn—₹8.49bn

Financial ratios

Data as of 7 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin9.5%4.5%9.1%7.3%10.4%17.7%—
Net margin6.7%1.8%5.0%2.8%5.8%10.5%—
Return on equity10.1%2.9%11.0%5.8%12.7%21.9%—
Return on assets6.1%1.5%6.1%2.9%6.4%11.2%—
Free cash flow yield31.8%25.1%33.1%42.0%28.5%52.0%—
Revenue growth0.8%-24.6%16.3%-1.5%18.0%47.5%—
Earnings growth278.6%-73.0%110.5%-53.1%-35.1%186.1%—
Current ratio1.13x1.14x1.36x1.34x1.30x1.10x—
Debt to equity0.25x0.29x0.26x0.38x0.55x0.45x—
Equity ratio59.7%52.5%55.2%50.6%50.4%51.2%—
Interest coverage7.07x3.05x7.45x4.36x6.75x11.16x—
R&D as a share of sales—0.0%0.0%0.0%0.0%0.0%0.0%
Buybacks as a share of market value0.0%-0.2%0.2%0.0%0.1%-0.1%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-4.8%8.5%10.2%
Operating income-31.5%-12.0%1.0%
Net income-35.6%-13.1%11.0%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin6.6%7.4%9.3%9.7%
Net margin3.9%4.1%5.3%5.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings35.910.622.78.56.713.18.415.817.77.9
Price to sales0.60.60.60.50.70.70.40.81.10.6

Dividends and splits

Per share, in the currency the company pays

Paid for 10 years. Last went ex-dividend on 20 Feb 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year3.503.503.003.004.002.504.001.50

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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