Compare NCL Industries with Similar Stocks
Dashboard
Company has a low Debt to Equity ratio (avg) at 0.34 times
Poor long term growth as Operating profit has grown by an annual rate -11.31% of over the last 5 years
Positive results in Sep 25
With ROCE of 7.4, it has a Very Attractive valuation with a 1 Enterprise value to Capital Employed
Despite the size of the company, domestic mutual funds hold only 0.01% of the company
Below par performance in long term as well as near term
Stock DNA
Cement & Cement Products
INR 860 Cr (Micro Cap)
15.00
36
1.56%
0.27
6.38%
0.98
Total Returns (Price + Dividend) 
Latest dividend: 2 per share ex-dividend date: Sep-18-2025
Risk Adjusted Returns v/s 
Returns Beta
News

NCL Industries Ltd Upgraded to Hold as Valuation and Financials Improve Amid Mixed Technical Signals
NCL Industries Ltd, a player in the Cement & Cement Products sector, has seen its investment rating upgraded from Sell to Hold as of 19 Jan 2026. This change reflects a nuanced shift in the company’s valuation attractiveness and technical indicators, despite ongoing challenges in financial trends and quality metrics. The revised Mojo Score now stands at 51.0, signalling a cautious but improved outlook for investors.
Read full news article
NCL Industries Ltd Valuation Shifts to Very Attractive Amid Market Pressure
NCL Industries Ltd has witnessed a significant shift in its valuation parameters, moving from an attractive to a very attractive rating, driven primarily by its improved price-to-earnings (P/E) and price-to-book value (P/BV) ratios. This re-rating comes amid a challenging cement sector environment, where peers display a wide range of valuation extremes. Investors are now reassessing NCL’s price attractiveness in light of its fundamentals and relative positioning within the industry.
Read full news article
NCL Industries Ltd Technical Momentum Shifts Amid Bearish Signals
NCL Industries Ltd has experienced a notable shift in its technical momentum, moving from a sideways trend to a mildly bearish stance. Recent technical indicators, including MACD, RSI, and moving averages, reveal a complex picture of mixed signals that suggest caution for investors amid a weakening price momentum and a downgrade in the company’s mojo grade to Sell.
Read full news article Announcements 
NCL Industries Limited - Investor Presentation
15-Nov-2019 | Source : NSENCL Industries Limited has informed the Exchange regarding Investor Presentation
NCL Industries Limited - Outcome of Board Meeting
14-Nov-2019 | Source : NSENCL Industries Limited has informed the Exchange regarding Board meeting held on November 14, 2019.
NCL Industries Limited - Updates
09-Oct-2019 | Source : NSENCL Industries Limited has informed the Exchange regarding 'Production and Dispatches details for the Quarter ended 30th September,2019'.
Corporate Actions 
No Upcoming Board Meetings
NCL Industries Ltd has declared 20% dividend, ex-date: 18 Sep 25
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 : Dec 2025
Shareholding Compare (%holding) 
Non Institution
14.4415
Held by 1 Schemes (0.01%)
Held by 45 FIIs (3.95%)
Ravi Kalidindi (6.59%)
Anand Rathi Global Finance Limited (2.79%)
40.04%
Quarterly Results Snapshot (Consolidated) - Sep'25 - QoQ
QoQ Growth in quarter ended Sep 2025 is 1.94% vs -11.59% in Jun 2025
QoQ Growth in quarter ended Sep 2025 is -1.83% vs 192.50% in Jun 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'24
YoY Growth in nine months ended Dec 2024 is -25.31% vs 17.17% in Dec 2023
YoY Growth in nine months ended Dec 2024 is -73.61% vs 94.06% in Dec 2023
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






