Compare NCL Industries with Similar Stocks
Dashboard
Company has a Debt to Equity ratio (avg) of 0.34 times
Poor long term growth as Operating profit has grown by an annual rate -12.98% of over the last 5 years
Positive results in Dec 25
With ROCE of 7.4, it has a Very Attractive valuation with a 0.9 Enterprise value to Capital Employed
Rising Promoter Confidence
Consistent Underperformance against the benchmark over the last 3 years
Stock DNA
Cement & Cement Products
INR 800 Cr (Micro Cap)
12.00
36
1.98%
0.27
6.38%
0.90
Total Returns (Price + Dividend) 
Latest dividend: 1.5 per share ex-dividend date: Feb-20-2026
Risk Adjusted Returns v/s 
Returns Beta
News

NCL Industries Ltd Upgraded to Hold by MarketsMOJO on Technical and Valuation Improvements
NCL Industries Ltd, a micro-cap player in the Cement & Cement Products sector, has seen its investment rating upgraded from Sell to Hold as of 7 May 2026. This revision reflects a nuanced improvement in technical indicators, valuation attractiveness, and financial performance, despite lingering concerns over long-term growth and relative underperformance against benchmarks.
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NCL Industries Ltd Technical Momentum Shifts Amid Mixed Market Signals
NCL Industries Ltd has experienced a subtle but notable shift in its technical momentum, moving from a bearish stance to a mildly bearish outlook. This transition is underscored by a complex interplay of technical indicators including MACD, RSI, moving averages, and Bollinger Bands, reflecting a cautious market sentiment despite a modest uptick in the stock price to ₹176.70 on 8 May 2026.
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NCL Industries Ltd is Rated Sell by MarketsMOJO
NCL Industries Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 20 Apr 2026. However, the analysis and financial metrics presented here reflect the stock's current position as of 02 May 2026, providing investors with an up-to-date view of the company's performance and outlook.
Read full news article Announcements 
Compliances-Reg.24(A)-Annual Secretarial Compliance
27-Apr-2026 | Source : BSEDear Sir/Madam Please take this intimation on record. Thanks Company Secretary & Compliance officer
Announcement under Regulation 30 (LODR)-Credit Rating
24-Apr-2026 | Source : BSEDear Sir/Madam Kindly take the intimation on record. Thanks Company Secretary
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
21-Apr-2026 | Source : BSEFormat of Initial Disclosure to be made by an entity identified as a Large Corporate.
| Sr. No. | Particulars | Details |
| 1 | Name of Company | NCL Industries Ltd- |
| 2 | CIN NO. | L33130TG1979PLC002521 |
| 3 | Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) | 139.23 |
| 4 | Highest Credit Rating during the previous FY | A |
| 4a | Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4) | CRISIL LTD. |
| 5 | Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the framework | BSE |
Designation: COMPLIANCE OFFICER
EmailId: cs@nclind.com
Designation: EXECUTIVE DIRECTOR AND CFO
EmailId: nprasad@nclind.com
Date: 21/04/2026
Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Corporate Actions 
No Upcoming Board Meetings
NCL Industries Ltd has declared 15% dividend, ex-date: 20 Feb 26
No Splits history available
No Bonus history available
NCL Industries Ltd has announced 4:5 rights issue, ex-date: 27 Feb 06
Quality key factors 
Valuation key factors
Technicals key factors
Shareholding Snapshot : Mar 2026
Shareholding Compare (%holding) 
Non Institution
None
Held by 1 Schemes (0.01%)
Held by 40 FIIs (3.87%)
Ravi Kalidindi (6.59%)
Anand Rathi Global Finance Limited (2.79%)
38.54%
Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ
QoQ Growth in quarter ended Dec 2025 is -0.60% vs 1.94% in Sep 2025
QoQ Growth in quarter ended Dec 2025 is -33.47% vs -1.83% in Sep 2025
Half Yearly Results Snapshot (Consolidated) - Sep'25
Growth in half year ended Sep 2025 is -0.45% vs -21.21% in Sep 2024
Growth in half year ended Sep 2025 is 162.72% vs -65.64% in Sep 2024
Nine Monthly Results Snapshot (Consolidated) - Dec'25
YoY Growth in nine months ended Dec 2025 is -0.14% vs -25.31% in Dec 2024
YoY Growth in nine months ended Dec 2025 is 192.34% vs -73.61% in Dec 2024
Annual Results Snapshot (Consolidated) - Mar'25
YoY Growth in year ended Mar 2025 is -14.15% vs 2.10% in Mar 2024
YoY Growth in year ended Mar 2025 is -72.97% vs 110.48% in Mar 2024






