Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
1,422.08
1,410.84
1,643.41
1,609.66
1,633.41
1,383.68
937.87
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
1,422.08
1,410.84
1,643.41
1,609.66
1,633.41
1,383.68
937.87
Raw Material Cost
298.65
495.73
517.84
495.44
460.40
389.54
285.81
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
7.31
0.10
-11.15
-0.10
0.05
16.56
-25.45
Employee Cost
71.24
75.51
66.14
60.18
56.82
50.40
42.09
Power Cost
419.00
418.61
508.20
548.83
432.33
316.37
274.92
Manufacturing Expenses
306.73
311.97
334.23
301.63
294.72
247.97
169.97
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
129.16
-0.30
21.36
55.87
182.70
81.17
51.13
Total Expenditure (Excl Depreciation)
1,232.09
1,301.62
1,436.62
1,461.85
1,427.02
1,102.01
798.47
Operating Profit (PBDIT) excl Other Income
189.99
109.22
206.79
147.81
206.39
281.67
139.40
Other Income
31.57
21.17
18.89
18.80
11.13
7.91
2.57
Operating Profit (PBDIT)
221.56
130.39
225.68
166.61
217.52
289.58
141.97
Interest
19.04
20.89
22.96
26.21
24.20
20.80
30.67
Exceptional Items
-38.13
-10.06
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
192.75
99.44
202.72
140.40
193.32
268.78
111.30
Depreciation
55.49
56.64
56.06
49.17
46.68
44.24
42.12
Profit Before Tax
137.26
42.80
146.66
91.24
146.63
224.54
69.18
Tax
13.51
17.60
53.45
46.95
51.69
79.09
18.34
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
123.75
25.20
93.22
44.29
94.94
145.45
50.84
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
-28.36
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
95.39
25.20
93.22
44.29
94.94
145.45
50.84
Share in Profit of Associates
0.00
0.00
0.00
0.00
-0.59
0.00
0.00
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
95.39
25.20
93.22
44.29
94.35
145.45
50.84
Equity Capital
45.23
45.23
45.23
45.23
45.23
45.23
45.23
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
894.97
813.01
803.87
724.63
695.60
619.47
483.09
Earnings per share (EPS)
21.09
5.57
20.61
9.79
20.86
32.16
11.24
Diluted Earnings per share
21.62
5.52
20.5
9.4
20.69
32.65
11.26
Operating Profit Margin (Excl OI)
13.36%
7.74%
12.58%
9.18%
12.64%
20.36%
14.86%
Gross Profit Margin
13.55%
7.05%
12.34%
8.72%
11.84%
19.43%
11.87%
PAT Margin
8.7%
1.79%
5.67%
2.75%
5.78%
10.51%
5.42%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 0.80% vs -14.15% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 278.53% vs -72.97% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 73.95% vs -47.18% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is -8.86% vs -9.02% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has improved from Mar 2025
Compare Annual Results Of NCL Industries With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
1,422.08
749.10
672.98
89.84%
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,422.08
749.10
672.98
89.84%
Raw Material Cost
298.65
180.23
118.42
65.70%
Purchase of Finished goods
0.00
0.00
0.00
(Increase) / Decrease In Stocks
7.31
-6.19
13.50
218.09%
Employee Cost
71.24
42.88
28.36
66.14%
Power Cost
419.00
225.19
193.81
86.07%
Manufacturing Expenses
306.73
143.11
163.62
114.33%
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
129.16
93.35
35.81
38.36%
Total Expenditure (Excl Depreciation)
1,232.09
678.57
553.52
81.57%
Operating Profit (PBDIT) excl Other Income
189.99
70.53
119.46
169.37%
Other Income
31.57
4.06
27.51
677.59%
Operating Profit (PBDIT)
221.56
74.59
146.97
197.04%
Interest
19.04
9.55
9.49
99.37%
Exceptional Items
-38.13
0.00
-38.13
Gross Profit (PBDT)
192.75
65.04
127.71
196.36%
Depreciation
55.49
31.25
24.24
77.57%
Profit Before Tax
137.26
33.78
103.48
306.34%
Tax
13.51
8.81
4.70
53.35%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
123.75
24.97
98.78
395.59%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
-28.36
0.00
-28.36
Net Profit
95.39
24.97
70.42
282.02%
Share in Profit of Associates
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
95.39
24.97
70.42
282.02%
Equity Capital
45.23
147.87
-102.64
-69.41%
Face Value
10.00
10.00
0.00
Reserves
894.97
217.89
677.08
310.74%
Earnings per share (EPS)
21.09
1.69
19.40
1,147.93%
Diluted Earnings per share
21.62
1.69
19.93
1,179.29%
Operating Profit Margin (Excl OI)
13.36%
9.42%
0.00
3.94%
Gross Profit Margin
13.55%
8.68%
0.00
4.87%
PAT Margin
8.70%
3.33%
0.00
5.37%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 1,422.08 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 0.80% vs -14.15% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 95.39 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 278.53% vs -72.97% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 189.99 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 73.95% vs -47.18% in Mar 2025
Annual - Interest
Interest 19.04 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -8.86% vs -9.02% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 13.36%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has improved from Mar 2025






