
About NCL Industries
NCL Industries is a publicly listed company based in Hyderabad (India) founded in 1979 by K Ramachandra Raju. Cement, doors, and concrete products are supplied by NCL Industries. The company has 999 employees. Its chief executive, as recorded, is Ravi Kalidindi. Its website nclind.com draws about 16 thousand monthly visits. Its Indian entity Ncl Industries Ltd reported revenue of βΉ1,992 Cr. NCL Industries offers products and services including Nagarjuna Cement, Ready Mix Concrete, Cement Particle Boards, NCL Doors, and Hydropower Solutions. Its focus areas include Real Estate and Construction, Building Materials, Construction Materials and Diversified. Similar companies include JK Cement, Prism Johnson and Magicrete; 1 of its 3 listed similar companies has raised funding.
Company details
NCL Industries was founded in 1979 and is headquartered in Hyderabad, India. Operations are focused on the building materials sector, where cement, doors, and concrete products are manufactured and supplied. Leadership is provided by founder K Ramachandra Raju and CEO Managing Director Ravi Kalidindi. Distribution occurs primarily within India, supporting construction and infrastructure needs across various projects.
- Headquarters Hyderabad, India
- Employees 999
- Founders K Ramachandra Raju
- Stage Public
- SectorsReal Estate & Construction
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website nclind.com
- Social LinkedIn Facebook YouTube
- Legal Name Ncl Industries Ltd
- Market Cap₹728 Cr
NCLIND · NSE
- Share Price₹158.00
-1.89% today
- Revenue₹1,961 Cr
FY 2025-26 · +2.1% YoY
- EBITDA₹154 Cr
Margin 7.8%
- Net Profit₹102 Cr
FY 2025-26 · +255.7% YoY
- P/E (TTM)5.9x
P/B 0.8x
- ROE11.4%
ROCE 13.7%
- Debt / Equity0.27
Interest cover 21.1x
- Employee Count999
Associated legal entities of NCL Industries
NCL Industries is associated with 3 registered companies on The Company Check; the primary company is Ncl Industries Ltd, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ncl Industries Ltd Listed CIN L33130TG1979PLC002521 | Active | 10 Sep 1979 | Secunderabad, Telangana | ₹1,992 Cr | 983 | 15 | View details |
| Hampi Energy Limited CIN U40102TG2010PLC071087 | Active | 04 Nov 2010 | Secunderabad, Telangana | ₹2.5 Cr | 3 | View details | |
| Tern Distilleries Private Limited CIN U15532TG1999PTC031318 | Active | 12 Mar 1999 | Secunderabad, Telangana | ₹1.2 Cr | 1 | 5 | View details |
Products & Services of NCL Industries
NCL Industries offers a comprehensive portfolio of products and services, including Nagarjuna Cement, Ready Mix Concrete, Cement Particle Boards, NCL Doors, and Hydropower Solutions.
High-quality cement for construction and building projects.
Pre-mixed concrete for efficient construction applications.
Durable boards made from cement and wood for structural uses.
Innovative doors for residential and commercial buildings.
Hydropower generation for sustainable energy needs.
Apps and channels of NCL Industries
its YouTube channel NCL Industries Limited has 854 subscribers and 17 videos.
Videos from NCL Industries
The most watched videos on NCL Industries's YouTube channel, NCL Industries Limited (854 subscribers). Click a video to play it here.
More on NCL Industries Limited.
Board of directors of Ncl Industries Ltd (NCL Industries)
Ncl Industries Ltd is the primary company behind NCL Industries. The boards of the 3 registered companies of NCL Industries currently have 13 directors; the longest-serving is Kalidindi Ravi, appointed in 2010. 55 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kalidindi Ravi DIN 00720811 | Director | 04 Nov 2010 | 15 yrs 11 mo | Hampi Energy Limited, Tern Distilleries Private Limited, Ncl Industries Ltd |
| Roopa Bhupatiraju DIN 01197491 | Director | 30 May 2014 | 12 yrs 5 mo | Ncl Industries Ltd |
| Trevor Aloysius D'cunha DIN 07207066 | Director | 14 Aug 2020 | 6 yrs 2 mo | Ncl Industries Ltd |
| Kalidas Raghavapudi DIN 02204518 | Director | 14 Aug 2020 | 6 yrs 2 mo | Ncl Industries Ltd |
| Gautam Kalidindi DIN 02706060 | Director | 25 Jan 2021 | 5 yrs 9 mo | Tern Distilleries Private Limited, Ncl Industries Ltd |
| Gurunadha Prasad Gnana Venkata Satya Nimmagadda DIN 07515455 | Director | 25 Jan 2021 | 5 yrs 9 mo | Tern Distilleries Private Limited, Ncl Industries Ltd |
| Narasimha Raju Penmetsa DIN 01765409 | Director | 04 Apr 2022 | 4 yrs 6 mo | Hampi Energy Limited |
| Pooja Kalidindi DIN 03496114 | Director | 04 Apr 2022 | 4 yrs 6 mo | Hampi Energy Limited, Ncl Industries Ltd |
| Utkal Bimalkumar Goradia DIN 08641590 | Whole-time director | 27 Sep 2022 | 4 yrs 1 mo | Ncl Industries Ltd |
| Sekani Puram Subramaniam Krishnan DIN 00715661 | Director | 09 Aug 2024 | 2 yrs 2 mo | Ncl Industries Ltd |
| Reddy Polam Rajgopal DIN 00304527 | Director | 09 Aug 2024 | 2 yrs 2 mo | Ncl Industries Ltd |
| Renu Challu DIN 00157204 | Director | 08 Aug 2025 | 1 yr 2 mo | Ncl Industries Ltd |
| Durga Prasad Subramanyam Anapindi DIN 00911306 | Director | 22 Jan 2026 | 9 mo | Ncl Industries Ltd |
People of NCL Industries
2 people are tracked at NCL Industries (2 in leadership); the tracked headcount is 999.
| Name | Role | Group |
|---|---|---|
K Ramachandra Raju | Founder | Leadership |
| CEO & Managing Director | Leadership |
Complete people profiles for NCL Industries
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of NCL Industries
NCL Industries is a publicly listed company on the NSE with ticker symbol NCLIND in India, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date03 Apr 2007
- Listed onNSE: NCLIND
- Listed entityNCL Industries Ltd
- Exchange sectorNon-energy minerals
- ISININE732C01016
- Share price₹165.90 (+1.44% on the day) · 2026-10-14
- Market capitalisation₹736 Cr
- Price to earnings8.1
- EPS (diluted, trailing year)₹20.45
- Dividend yield2.16%
- Volume (last session)7,982
Financials of NCL Industries
Exchange-reported figures of Ncl Industries Ltd, the listed company behind NCL Industries (NSE: NCLIND).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,961 | 1,920 | 2,104 | 2,044 | 2,046 | 1,749 | 1,184 |
| Revenue growth | +2.1% | -8.7% | +2.9% | -0.1% | +17.0% | +47.7% | - |
| EBITDA | 154 | 103 | 208 | 149 | 207 | 283 | 140 |
| EBITDA margin | +7.8% | +5.4% | +9.9% | +7.3% | +10.1% | +16.2% | +11.9% |
| Profit before tax | 109 | 47.57 | 147 | 91.23 | 146 | 225 | 69.18 |
| Net profit | 102 | 28.74 | 91.31 | 44.02 | 93.27 | 145 | 50.51 |
| Net profit margin | +5.2% | +1.5% | +4.3% | +2.2% | +4.6% | +8.3% | +4.3% |
| EPS (βΉ) | 21.09 | 5.57 | 20.61 | 9.79 | 20.86 | 32.16 | 11.24 |
| Balance sheet | |||||||
| Total assets | 1,251 | 1,203 | 1,158 | 1,159 | 1,154 | 994 | 896 |
| Net worth | 940 | 858 | 849 | 770 | 741 | 665 | 528 |
| Total debt | 239 | 252 | 218 | 292 | 404 | 320 | 347 |
| Cash & bank | 10.13 | 21.56 | 53.92 | 40.23 | 10.72 | 68.29 | 18.74 |
| Net working capital | 158 | 160 | 187 | 180 | 194 | 115 | 160 |
| Cash flow | |||||||
| Cash from operations | 145 | 86.20 | 183 | 206 | 71.63 | 238 | 106 |
| Cash from investing | (108) | (111) | (59.09) | (93.98) | (139) | (136) | (78.50) |
| Cash from financing | (48.89) | (4.80) | (110) | (82.82) | 10.08 | (52.36) | (30.97) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 344 | 400 | 343 | 345 | 335 | 375 | 341 | 330 |
| Revenue growth (YoY) | +2.5% | +6.5% | +0.4% | +4.4% | -5.5% | - | - | - |
| Other income | 4.13 | 11.91 | 7.64 | 7.66 | 4.36 | 9.02 | 5.08 | 3.47 |
| EBITDA | 39.61 | 26.93 | 35.72 | 39.39 | 50.27 | 20.85 | 19.30 | 23.48 |
| EBITDA margin | +11.5% | +6.7% | +10.4% | +11.4% | +15.0% | +5.6% | +5.7% | +7.1% |
| Depreciation | 14.71 | 15.37 | 14.54 | 13.44 | 12.80 | 14.43 | 13.78 | 14.96 |
| Interest | 5.51 | 4.57 | 5.00 | 4.47 | 5.22 | 4.54 | 5.28 | 5.18 |
| Profit before tax | 23.52 | 18.90 | 23.82 | 29.14 | 36.61 | 10.90 | 5.32 | 6.81 |
| Tax | 6.14 | (23.08) | 10.58 | 9.24 | 16.34 | 3.96 | 2.34 | 4.30 |
| Net profit | 17.38 | 41.98 | 13.24 | 19.90 | 20.27 | 6.94 | 2.98 | 2.51 |
| EPS (βΉ) | 3.84 | 9.81 | 2.93 | 4.40 | 4.48 | 1.48 | 0.66 | 0.56 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,961 | 1,920 | 2,332 | 2,044 | 2,046 | 1,749 | 1,184 |
| Revenue growth | +2.1% | -17.7% | +14.1% | -0.1% | +17.0% | +47.7% | - |
| EBITDA | 154 | 104 | 209 | 149 | 208 | 284 | 140 |
| EBITDA margin | +7.9% | +5.4% | +9.0% | +7.3% | +10.2% | +16.2% | +11.9% |
| Profit before tax | 109 | 47.70 | 148 | 92.94 | 150 | 228 | 69.19 |
| Net profit | 102 | 28.95 | 92.27 | 45.47 | 97.04 | 148 | 50.52 |
| Net profit margin | +5.2% | +1.5% | +4.0% | +2.2% | +4.7% | +8.5% | +4.3% |
| EPS (βΉ) | 21.07 | 5.61 | 20.83 | 10.17 | 21.70 | 32.87 | 11.24 |
| Balance sheet | |||||||
| Total assets | 1,257 | 1,209 | 1,164 | 1,164 | 1,157 | 994 | 896 |
| Net worth | 946 | 864 | 855 | 775 | 744 | 665 | 528 |
| Total debt | 239 | 252 | 218 | 292 | 335 | 320 | 347 |
| Cash & bank | 9.98 | 21.38 | 44.12 | 35.33 | 10.67 | 68.17 | 18.73 |
| Net working capital | 150 | 153 | 179 | 175 | 230 | 115 | 160 |
| Cash flow | |||||||
| Cash from operations | 146 | 96.47 | 183 | 208 | 106 | 237 | 106 |
| Cash from investing | (108) | (111) | (64.15) | (101) | (139) | (136) | (78.45) |
| Cash from financing | (49.60) | (5.47) | (110) | (82.82) | (24.62) | (52.03) | (30.97) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 344 | 400 | 343 | 345 | 335 | 375 | 341 | 330 |
| Revenue growth (YoY) | +2.5% | +6.5% | +0.4% | +4.4% | -5.5% | - | - | - |
| Other income | 4.13 | 11.91 | 7.64 | 7.66 | 4.36 | 8.44 | 4.79 | 3.47 |
| Total expenses | 304 | 372 | 307 | 306 | 285 | 354 | 322 | 307 |
| EBITDA | 39.63 | 27.16 | 35.86 | 39.39 | 50.27 | 21.45 | 19.88 | 23.53 |
| EBITDA margin | +11.5% | +6.8% | +10.5% | +11.4% | +15.0% | +5.7% | +5.8% | +7.1% |
| Depreciation | 14.63 | 15.29 | 14.45 | 13.36 | 12.71 | 14.35 | 13.69 | 14.88 |
| Interest | 5.73 | 4.75 | 5.18 | 4.65 | 5.39 | 5.22 | 5.28 | 5.18 |
| Profit before tax | 23.40 | 19.03 | 23.87 | 29.04 | 36.53 | 10.32 | 5.70 | 6.94 |
| Tax | 6.16 | (23.06) | 10.61 | 9.30 | 16.32 | 3.90 | 2.34 | 4.30 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 344 | 400 | 343 | 345 | 335 | 375 | 341 | 330 |
| Revenue growth (YoY) | +2.5% | +6.5% | +0.4% | +4.4% | -5.5% | - | - | - |
| Other income | 4.13 | 11.91 | 7.64 | 7.66 | 4.36 | 9.02 | 5.08 | 3.47 |
| EBITDA | 39.61 | 26.93 | 35.72 | 39.39 | 50.27 | 20.85 | 19.30 | 23.48 |
| EBITDA margin | +11.5% | +6.7% | +10.4% | +11.4% | +15.0% | +5.6% | +5.7% | +7.1% |
| Depreciation | 14.71 | 15.37 | 14.54 | 13.44 | 12.80 | 14.43 | 13.78 | 14.96 |
| Interest | 5.51 | 4.57 | 5.00 | 4.47 | 5.22 | 4.54 | 5.28 | 5.18 |
| Profit before tax | 23.52 | 18.90 | 23.82 | 29.14 | 36.61 | 10.90 | 5.32 | 6.81 |
| Tax | 6.14 | (23.08) | 10.58 | 9.24 | 16.34 | 3.96 | 2.34 | 4.30 |
| Net profit | 17.38 | 41.98 | 13.24 | 19.90 | 20.27 | 6.94 | 2.98 | 2.51 |
| EPS (βΉ) | 3.84 | 9.81 | 2.93 | 4.40 | 4.48 | 1.48 | 0.66 | 0.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,961 | 1,920 | 2,104 | 2,044 | 2,046 | 1,749 | 1,184 |
| Revenue growth | +2.1% | -8.7% | +2.9% | -0.1% | +17.0% | +47.7% | - |
| Other income | 31.57 | 21.15 | 18.89 | 18.80 | 11.13 | 7.91 | 2.57 |
| Total expenses | 1,807 | 1,817 | 1,896 | 1,896 | 1,839 | 1,466 | 1,044 |
| Employee cost | 71.24 | 68.79 | 66.14 | 60.18 | 56.82 | 50.40 | 42.09 |
| EBITDA | 154 | 103 | 208 | 149 | 207 | 283 | 140 |
| EBITDA margin | +7.8% | +5.4% | +9.9% | +7.3% | +10.1% | +16.2% | +11.9% |
| Depreciation | 55.49 | 54.07 | 56.06 | 49.17 | 46.68 | 44.24 | 42.12 |
| Interest | 20.70 | 22.17 | 24.14 | 26.92 | 25.21 | 21.99 | 31.71 |
| Profit before tax | 109 | 47.57 | 147 | 91.23 | 146 | 225 | 69.18 |
| Tax | 13.52 | 22.37 | 53.44 | 46.95 | 51.69 | 79.10 | 18.34 |
| Net profit | 102 | 28.74 | 91.31 | 44.02 | 93.27 | 145 | 50.51 |
| Net profit margin | +5.2% | +1.5% | +4.3% | +2.2% | +4.6% | +8.3% | +4.3% |
| EPS (βΉ) | 21.09 | 5.57 | 20.61 | 9.79 | 20.86 | 32.16 | 11.24 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 45.23 | 45.23 | 45.23 | 45.23 | 45.23 | 45.23 | 45.23 |
| Reserves & surplus | 895 | 813 | 804 | 725 | 696 | 619 | 483 |
| Shareholders' funds (net worth) | 940 | 858 | 849 | 770 | 741 | 665 | 528 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 173 | 190 | 159 | 219 | 216 | 187 | 234 |
| Unsecured loans | 66.09 | 62.48 | 58.60 | 73.01 | 188 | 133 | 112 |
| Total debt | 239 | 252 | 218 | 292 | 404 | 320 | 347 |
| Total liabilities | 1,251 | 1,203 | 1,158 | 1,159 | 1,154 | 994 | 896 |
| Assets | |||||||
| Gross block | 1,587 | 1,329 | 1,326 | 1,288 | 1,056 | 1,028 | 842 |
| Net block | 1,121 | 953 | 1,000 | 1,006 | 802 | 820 | 695 |
| Capital work in progress | 2.29 | 148 | 38.57 | 28.25 | 171 | 60.54 | 89.97 |
| Investments | 0.00 | 4.20 | 4.41 | 5.46 | 0.00 | 0.00 | 0.00 |
| Inventories | 148 | 248 | 177 | 150 | 129 | 105 | 110 |
| Sundry debtors | 118 | 136 | 143 | 142 | 118 | 104 | 143 |
| Cash & bank balances | 10.13 | 21.56 | 53.92 | 40.23 | 10.72 | 68.29 | 18.74 |
| Loans & advances | 92.50 | 55.86 | 67.90 | 80.47 | 162 | 60.90 | 72.77 |
| Total current assets | 369 | 461 | 441 | 412 | 419 | 338 | 345 |
| Total current liabilities | 211 | 301 | 254 | 232 | 225 | 223 | 185 |
| Net working capital | 158 | 160 | 187 | 180 | 194 | 115 | 160 |
| Total assets | 1,251 | 1,203 | 1,158 | 1,159 | 1,154 | 994 | 896 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 14.89 | 44.64 | 31.24 | 1.97 | 68.29 | 18.74 | 22.38 |
| Net cash from operating activities | 145 | 86.20 | 183 | 206 | 71.63 | 238 | 106 |
| Net cash from investing activities | (108) | (111) | (59.09) | (93.98) | (139) | (136) | (78.50) |
| Net cash from financing activities | (48.89) | (4.80) | (110) | (82.82) | 10.08 | (52.36) | (30.97) |
| Net change in cash | (11.58) | (29.75) | 13.40 | 29.24 | (57.57) | 49.55 | (3.64) |
| Closing cash | 10.13 | 21.56 | 53.92 | 40.23 | 10.72 | 68.29 | 18.74 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +2.1% | -8.7% | +2.9% | -0.1% | +17.0% | +47.7% | - |
| EBITDA growth | +49.5% | -50.6% | +40.0% | -28.2% | -26.9% | +101.4% | - |
| PBT growth | +128.9% | -67.6% | +60.8% | -37.5% | -35.0% | +224.6% | +13.2% |
| Net income growth | +255.7% | -68.5% | +107.4% | -52.8% | -35.6% | +186.9% | - |
| Revenue CAGR (3Y) | -1.4% | -2.1% | +6.4% | +20.0% | +17.2% | - | - |
| EBITDA CAGR (3Y) | +1.1% | -20.8% | -9.7% | +1.9% | +14.7% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +4.9% | +1.3% | +4.4% | +2.2% | +4.6% | +8.3% | +4.3% |
| Return on capital employed | +13.7% | +7.2% | +14.8% | +10.2% | +16.0% | +26.1% | +11.6% |
| Return on net worth | +11.4% | +3.4% | +11.5% | +5.9% | +13.4% | +24.4% | +9.9% |
| Debt / equity | 0.27 | 0.28 | 0.32 | 0.46 | 0.52 | 0.56 | 0.66 |
| Long-term debt / equity | 0.17 | 0.17 | 0.22 | 0.32 | 0.37 | 0.34 | 0.34 |
| Interest cover | 21.12 | 45.63 | 15.89 | 27.10 | 15.74 | 9.22 | 32.25 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.35 | 1.45 | 1.61 | 1.74 | 1.96 | 1.87 | 1.48 |
| Inventory turnover | 9.90 | 9.03 | 12.88 | 14.68 | 17.49 | 16.29 | 12.19 |
| Debtors turnover | 15.43 | 13.79 | 14.81 | 15.76 | 18.45 | 14.14 | 8.06 |
| EPS (βΉ) | 21.09 | 5.57 | 20.61 | 9.79 | 20.86 | 32.16 | 11.24 |
| Dividend per share (βΉ) | 3.50 | 3.00 | 4.00 | 3.00 | 3.00 | 4.00 | 2.50 |
| Book value per share (βΉ) | 207.86 | 189.74 | 187.72 | 170.20 | 163.78 | 146.95 | 116.83 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 344 | 400 | 343 | 345 | 335 | 375 | 341 | 330 |
| Revenue growth (YoY) | +2.5% | +6.5% | +0.4% | +4.4% | -5.5% | - | - | - |
| Other income | 4.13 | 11.91 | 7.64 | 7.66 | 4.36 | 8.44 | 4.79 | 3.47 |
| Total expenses | 304 | 372 | 307 | 306 | 285 | 354 | 322 | 307 |
| EBITDA | 39.63 | 27.16 | 35.86 | 39.39 | 50.27 | 21.45 | 19.88 | 23.53 |
| EBITDA margin | +11.5% | +6.8% | +10.5% | +11.4% | +15.0% | +5.7% | +5.8% | +7.1% |
| Depreciation | 14.63 | 15.29 | 14.45 | 13.36 | 12.71 | 14.35 | 13.69 | 14.88 |
| Interest | 5.73 | 4.75 | 5.18 | 4.65 | 5.39 | 5.22 | 5.28 | 5.18 |
| Profit before tax | 23.40 | 19.03 | 23.87 | 29.04 | 36.53 | 10.32 | 5.70 | 6.94 |
| Tax | 6.16 | (23.06) | 10.61 | 9.30 | 16.32 | 3.90 | 2.34 | 4.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,961 | 1,920 | 2,332 | 2,044 | 2,046 | 1,749 | 1,184 |
| Revenue growth | +2.1% | -17.7% | +14.1% | -0.1% | +17.0% | +47.7% | - |
| Other income | 31.57 | 20.27 | 18.21 | 19.23 | 11.13 | 6.59 | 2.57 |
| Total expenses | 1,807 | 1,816 | 2,123 | 1,895 | 1,838 | 1,465 | 1,044 |
| Employee cost | 71.24 | 68.73 | 66.05 | 60.08 | 56.69 | 50.28 | 42.09 |
| EBITDA | 154 | 104 | 209 | 149 | 208 | 284 | 140 |
| EBITDA margin | +7.9% | +5.4% | +9.0% | +7.3% | +10.2% | +16.2% | +11.9% |
| Depreciation | 55.15 | 53.72 | 55.72 | 48.49 | 44.52 | 40.88 | 42.12 |
| Interest | 21.41 | 22.84 | 24.14 | 26.92 | 25.21 | 21.66 | 31.71 |
| Profit before tax | 109 | 47.70 | 148 | 92.94 | 150 | 228 | 69.19 |
| Tax | 13.62 | 22.31 | 53.44 | 46.95 | 51.69 | 79.10 | 18.34 |
| Net profit | 102 | 28.95 | 92.27 | 45.47 | 97.04 | 148 | 50.52 |
| Net profit margin | +5.2% | +1.5% | +4.0% | +2.2% | +4.7% | +8.5% | +4.3% |
| EPS (βΉ) | 21.07 | 5.61 | 20.83 | 10.17 | 21.70 | 32.87 | 11.24 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 45.23 | 45.23 | 45.23 | 45.23 | 45.23 | 45.23 | 45.23 |
| Reserves & surplus | 901 | 819 | 810 | 730 | 699 | 620 | 483 |
| Shareholders' funds (net worth) | 946 | 864 | 855 | 775 | 744 | 665 | 528 |
| Secured loans | 173 | 190 | 159 | 219 | 266 | 187 | 234 |
| Unsecured loans | 66.09 | 62.48 | 58.60 | 73.01 | 68.94 | 133 | 112 |
| Total debt | 239 | 252 | 218 | 292 | 335 | 320 | 347 |
| Total liabilities | 1,257 | 1,209 | 1,164 | 1,164 | 1,157 | 994 | 896 |
| Assets | |||||||
| Gross block | 1,552 | 1,295 | 1,292 | 1,264 | 1,004 | 1,028 | 842 |
| Net block | 1,091 | 922 | 969 | 986 | 773 | 789 | 695 |
| Capital work in progress | 2.29 | 148 | 38.57 | 28.25 | 171 | 60.54 | 89.91 |
| Investments | 46.24 | 50.44 | 50.65 | 35.46 | 50.22 | 30.01 | 0.01 |
| Inventories | 148 | 248 | 177 | 150 | 129 | 105 | 110 |
| Sundry debtors | 118 | 136 | 143 | 142 | 171 | 104 | 143 |
| Cash & bank balances | 9.98 | 21.38 | 44.12 | 35.33 | 10.67 | 68.17 | 18.73 |
| Loans & advances | 92.39 | 55.80 | 67.11 | 77.67 | 142 | 60.91 | 72.83 |
| Total current assets | 369 | 461 | 431 | 404 | 453 | 338 | 345 |
| Total current liabilities | 219 | 308 | 251 | 229 | 223 | 223 | 185 |
| Net working capital | 150 | 153 | 179 | 175 | 230 | 115 | 160 |
| Total assets | 1,257 | 1,209 | 1,164 | 1,164 | 1,157 | 994 | 896 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 14.71 | 34.84 | 26.34 | 1.92 | 68.17 | 18.73 | 22.38 |
| Net cash from operating activities | 146 | 96.47 | 183 | 208 | 106 | 237 | 106 |
| Net cash from investing activities | (108) | (111) | (64.15) | (101) | (139) | (136) | (78.45) |
| Net cash from financing activities | (49.60) | (5.47) | (110) | (82.82) | (24.62) | (52.03) | (30.97) |
| Net change in cash | (11.54) | (20.14) | 8.51 | 24.38 | (57.51) | 49.45 | (3.66) |
| Closing cash | 9.98 | 21.38 | 44.12 | 35.33 | 10.67 | 68.17 | 18.73 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +2.1% | -17.7% | +14.1% | -0.1% | +17.0% | +47.7% | - |
| EBITDA growth | +48.0% | -50.3% | +40.4% | -28.5% | -26.5% | +102.0% | - |
| PBT growth | +128.3% | -67.7% | +58.9% | -38.0% | -34.2% | +229.2% | +13.2% |
| Net income growth | +252.8% | -68.6% | +102.9% | -53.1% | -34.5% | +193.3% | - |
| Revenue CAGR (3Y) | -1.4% | -2.1% | +10.1% | +20.0% | +17.2% | +16.2% | +10.9% |
| EBITDA CAGR (3Y) | +1.1% | -20.7% | -9.7% | +2.0% | +15.0% | +28.4% | +6.9% |
| Profitability & leverage | |||||||
| Net income margin | +4.9% | +1.3% | +4.0% | +2.3% | +4.8% | +8.5% | +4.3% |
| Return on capital employed | +13.7% | +7.3% | +14.8% | +10.3% | +16.3% | +26.4% | +11.6% |
| Return on net worth | +11.3% | +3.4% | +11.6% | +6.1% | +13.9% | +24.9% | +9.9% |
| Debt / equity | 0.27 | 0.27 | 0.31 | 0.41 | 0.47 | 0.56 | 0.66 |
| Long-term debt / equity | 0.17 | 0.17 | 0.22 | 0.28 | 0.32 | 0.34 | 0.34 |
| Interest cover | 21.68 | 45.43 | 15.72 | 26.75 | 15.38 | 8.92 | 32.25 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.38 | 1.48 | 1.82 | 1.80 | 2.01 | 1.87 | 1.48 |
| Inventory turnover | 9.90 | 9.03 | 14.28 | 14.68 | 17.49 | 16.29 | 12.19 |
| Debtors turnover | 15.43 | 13.79 | 16.41 | 13.09 | 14.89 | 14.14 | 8.06 |
| EPS (βΉ) | 21.07 | 5.61 | 20.83 | 10.17 | 21.70 | 32.87 | 11.24 |
| Dividend per share (βΉ) | 3.50 | 2.00 | 4.00 | 3.00 | 3.00 | 4.00 | 2.50 |
| Book value per share (βΉ) | 209.19 | 191.10 | 189.04 | 171.30 | 164.50 | 146.96 | 116.83 |
Similar companies to NCL Industries
NCL Industries has 3 listed similar companies in our database, 1 of them funded. They include JK Cement, Prism Johnson and Magicrete.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jkcement.com | 1975 | Kanpur, India | 4,196 | Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | ||
| prismjohnson.in | 1992 | Hyderabad, India | 108 | Manufacturer and supplier of building materials | ||
| magicrete.in | 2008 | Surat, India | $18.13M | AAC blocks, construction chemicals, and precast solutions are manufactured. |
Detailed similar companies of NCL Industries
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Web traffic of NCL Industries
The website of NCL Industries (nclind.com) receives about 15.6K visits a month.
- Monthly visits15.6K
▼ 41.8% vs previous month
Websites whose visitors overlap most with NCL Industries. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bibm.eu | 100% | View details | |||
| indianconstructionindustry.com | 98% | #1,455,726 | View details | ||
| ramcocements.in | 97% | 31.5K | #941,872 | View details | |
| lntecc.com | 96% | 316.1K | #118,808 | View details | |
| ncl-india.org | 30% | 20.2K | View details | ||
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
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Top companies in Building Materials
3 companies that operate in the same segment as NCL Industries (Building Materials) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products | 1975 | Kanpur, Uttar Pradesh, India | USD 1.44 B | 11,790 | ||
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | USD 3.79 B | 33,600 | ||
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions | 1960 | Gurugram, Haryana, India |
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Related news about Ncl Industries
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Frequently Asked Questions about NCL Industries
NCL Industries was founded in 1979.
NCL Industries is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Ravi Kalidindi is the CEO of NCL Industries, as recorded in our data.
NCL Industries has 999 employees.
The primary company behind NCL Industries, Ncl Industries Ltd, reported revenue of βΉ1,992 Cr for FY 2026, up 2% year on year.
NCL Industries was founded in 1979 and is headquartered in Hyderabad, India. Operations are focused on the building materials sector, where cement, doors, and concrete products are manufactured and supplied. Leadership is provided by founder K Ramachandra Raju and CEO Managing Director Ravi Kalidindi. Distribution occurs primarily within India, supporting construction and infrastructure needs across various projects.
NCL Industries's top competitors include JK Cement, Prism Johnson and Magicrete.
NCL Industries offers Nagarjuna Cement, Ready Mix Concrete, Cement Particle Boards, NCL Doors, and Hydropower Solutions.
Yes, NCL Industries is publicly traded on NSE under the ticker symbol NCLIND.
NCL Industries is associated with 3 legal entities: Ncl Industries Ltd, Hampi Energy Limited, Tern Distilleries Private Limited.
The legal entities of NCL Industries currently have 16 directors, including Kalidindi Ravi, Narasimha Raju Penmetsa, Pooja Kalidindi and others.
