NCL Industries Ltd

BSE: 502168 NSE: NCLIND
NCL Industries Ltd - environment in Secunderabad, Telangana, India. FY 2026 financials & compliance.
CIN L33130TG1979PLC002521 Incorporated 10 September 1979 ROC Hyderabad HQ Secunderabad, Telangana, India
Active Listed - NSE: NCLIND · BSE: 502168 Public Limited Company environment
Data last updated
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
ROE
11.4%
ROCE 13.7%
Debt / Equity
0.27
Interest cover 21.1x

About NCL Industries Ltd

Data last updated:

NCL Industries Ltd is a public limited company based in Secunderabad, Telangana, India. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 10 September 1979 and has been in existence for over 47 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L33130TG1979PLC002521. Its GSTIN is 36AAACN7002L1ZJ (Telangana). The company holds 12 GST registrations, of which 8 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 502168 and NSE: NCLIND.

The company has an authorised share capital of ₹62 Cr and a paid-up capital of ₹45.23 Cr. It was formerly known as Nagarjuna Cements Limited. It is led by directors including Kalidindi Ravi (Managing Director) and Utkal Bimalkumar Goradia (Whole-Time Director).

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 10 – 3 – 162 Ncl Pearl 7th Floor Opp;Hyderabad Bhawan East Maredpally, Secunderabad, Telangana, India – 500026.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,960.73 Cr, a growth of 2.1% compared to the previous year. For the same year it recorded a net profit of ₹102.24 Cr (net margin 5.2%) and EBITDA of ₹153.52 Cr (EBITDA margin 7.8%). The net worth stands at ₹940.2 Cr (up 9.5% YoY). Total assets are valued at ₹1,251.3 Cr (up 4% YoY).

The company has about 983 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: NCL Industries. As per MCA filings, the company has open charges of ₹698.07 Cr and satisfied charges of ₹1,588.24 Cr on record. Court records list 399 cases involving the company, including 263 filed by the company and 136 filed against it; 100 cases are pending. The company has 37 deals on record (31 market trades, 3 funding rounds, 1 rights issue), with disclosed funding of ₹340.76 Cr; the latest was in March 2026. Its 4 peer companies in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 3 larger and 1 smaller; the largest is Zuari Cement Limited with revenue of ₹1,991.82 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 51 overdue payments to 18 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nclind.com.

Company details

CIN L33130TG1979PLC002521
Registration Number 002521
Incorporation Date 10 September 1979
ROC Hyderabad
Listing Status Listed - Listed on NSE (NCLIND); Listed on BSE (502168)
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

NCL Industries has one previous CIN (Corporate Identification Number): L33130AP1979PLC002521. The current CIN is L33130TG1979PLC002521, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L33130TG1979PLC002521Current
L33130AP1979PLC002521Previous
Key People
Kalidindi Ravi Managing Director Utkal Bimalkumar Goradia Whole-Time Director Gautam Kalidindi Director

Contact details

NCL Industries Ltd's registered office is in Secunderabad, Telangana. Its website is nclind.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    nclind.com
  • Registered Address
    10 – 3 – 162 Ncl Pearl 7th Floor Opp;Hyderabad Bhawan East Maredpally, Secunderabad, Telangana, India – 500026
  • Industry
    Environment, Hydroelectric Power Solutions

To see the full contact details of NCL Industries Ltd, buy the company report.

Comprehensive company report
NCL Industries Ltd - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

NCL Industries operates one associated brand: NCL Industries. Each brand links to its own profile.

BrandDescriptionWebsite
NCL Industries
Cement, doors, and concrete products are supplied by NCL Industries.nclind.com

Business activity

The main business activity of NCL Industries is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of NCL Industries Ltd, buy the company report.

Financials of NCL Industries Ltd

FY 2025-26 filings available

NCL Industries Ltd reported revenue of ₹1,960.73 Cr (up 2.1% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,961 Cr
+2.1% YoY
EBITDA
₹154 Cr
+49.5% YoY
Profit After Tax
₹102 Cr
+255.7% YoY
Net Worth
₹940 Cr
+9.5% YoY
Total Assets
₹1,251 Cr
+4.0% YoY
Total Debt
₹239 Cr
-5.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,9611,9202,1042,0442,0461,7491,184
Revenue growth+2.1%-8.7%+2.9%-0.1%+17.0%+47.7%-
EBITDA154103208149207283140
EBITDA margin+7.8%+5.4%+9.9%+7.3%+10.1%+16.2%+11.9%
Profit before tax10947.5714791.2314622569.18
Net profit10228.7491.3144.0293.2714550.51
Net profit margin+5.2%+1.5%+4.3%+2.2%+4.6%+8.3%+4.3%
EPS (₹)21.095.5720.619.7920.8632.1611.24
Balance sheet
Total assets1,2511,2031,1581,1591,154994896
Net worth940858849770741665528
Total debt239252218292404320347
Cash & bank10.1321.5653.9240.2310.7268.2918.74
Net working capital158160187180194115160
Cash flow
Cash from operations14586.2018320671.63238106
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)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue344400343345335375341330
Revenue growth (YoY)+2.5%+6.5%+0.4%+4.4%-5.5%---
Other income4.1311.917.647.664.369.025.083.47
EBITDA39.6126.9335.7239.3950.2720.8519.3023.48
EBITDA margin+11.5%+6.7%+10.4%+11.4%+15.0%+5.6%+5.7%+7.1%
Depreciation14.7115.3714.5413.4412.8014.4313.7814.96
Interest5.514.575.004.475.224.545.285.18
Profit before tax23.5218.9023.8229.1436.6110.905.326.81
Tax6.14(23.08)10.589.2416.343.962.344.30
Net profit17.3841.9813.2419.9020.276.942.982.51
EPS (₹)3.849.812.934.404.481.480.660.56
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,9611,9202,3322,0442,0461,7491,184
Revenue growth+2.1%-17.7%+14.1%-0.1%+17.0%+47.7%-
EBITDA154104209149208284140
EBITDA margin+7.9%+5.4%+9.0%+7.3%+10.2%+16.2%+11.9%
Profit before tax10947.7014892.9415022869.19
Net profit10228.9592.2745.4797.0414850.52
Net profit margin+5.2%+1.5%+4.0%+2.2%+4.7%+8.5%+4.3%
EPS (₹)21.075.6120.8310.1721.7032.8711.24
Balance sheet
Total assets1,2571,2091,1641,1641,157994896
Net worth946864855775744665528
Total debt239252218292335320347
Cash & bank9.9821.3844.1235.3310.6768.1718.73
Net working capital150153179175230115160
Cash flow
Cash from operations14696.47183208106237106
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)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue344400343345335375341330
Revenue growth (YoY)+2.5%+6.5%+0.4%+4.4%-5.5%---
Other income4.1311.917.647.664.368.444.793.47
Total expenses304372307306285354322307
EBITDA39.6327.1635.8639.3950.2721.4519.8823.53
EBITDA margin+11.5%+6.8%+10.5%+11.4%+15.0%+5.7%+5.8%+7.1%
Depreciation14.6315.2914.4513.3612.7114.3513.6914.88
Interest5.734.755.184.655.395.225.285.18
Profit before tax23.4019.0323.8729.0436.5310.325.706.94
Tax6.16(23.06)10.619.3016.323.902.344.30

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue344400343345335375341330
Revenue growth (YoY)+2.5%+6.5%+0.4%+4.4%-5.5%---
Other income4.1311.917.647.664.369.025.083.47
EBITDA39.6126.9335.7239.3950.2720.8519.3023.48
EBITDA margin+11.5%+6.7%+10.4%+11.4%+15.0%+5.6%+5.7%+7.1%
Depreciation14.7115.3714.5413.4412.8014.4313.7814.96
Interest5.514.575.004.475.224.545.285.18
Profit before tax23.5218.9023.8229.1436.6110.905.326.81
Tax6.14(23.08)10.589.2416.343.962.344.30
Net profit17.3841.9813.2419.9020.276.942.982.51
EPS (₹)3.849.812.934.404.481.480.660.56
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,9611,9202,1042,0442,0461,7491,184
Revenue growth+2.1%-8.7%+2.9%-0.1%+17.0%+47.7%-
Other income31.5721.1518.8918.8011.137.912.57
Total expenses1,8071,8171,8961,8961,8391,4661,044
Employee cost71.2468.7966.1460.1856.8250.4042.09
EBITDA154103208149207283140
EBITDA margin+7.8%+5.4%+9.9%+7.3%+10.1%+16.2%+11.9%
Depreciation55.4954.0756.0649.1746.6844.2442.12
Interest20.7022.1724.1426.9225.2121.9931.71
Profit before tax10947.5714791.2314622569.18
Tax13.5222.3753.4446.9551.6979.1018.34
Net profit10228.7491.3144.0293.2714550.51
Net profit margin+5.2%+1.5%+4.3%+2.2%+4.6%+8.3%+4.3%
EPS (₹)21.095.5720.619.7920.8632.1611.24
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital45.2345.2345.2345.2345.2345.2345.23
Reserves & surplus895813804725696619483
Shareholders' funds (net worth)940858849770741665528
Minority interest0.000.000.000.000.000.000.00
Secured loans173190159219216187234
Unsecured loans66.0962.4858.6073.01188133112
Total debt239252218292404320347
Total liabilities1,2511,2031,1581,1591,154994896
Assets
Gross block1,5871,3291,3261,2881,0561,028842
Net block1,1219531,0001,006802820695
Capital work in progress2.2914838.5728.2517160.5489.97
Investments0.004.204.415.460.000.000.00
Inventories148248177150129105110
Sundry debtors118136143142118104143
Cash & bank balances10.1321.5653.9240.2310.7268.2918.74
Loans & advances92.5055.8667.9080.4716260.9072.77
Total current assets369461441412419338345
Total current liabilities211301254232225223185
Net working capital158160187180194115160
Total assets1,2511,2031,1581,1591,154994896
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash14.8944.6431.241.9768.2918.7422.38
Net cash from operating activities14586.2018320671.63238106
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)13.4029.24(57.57)49.55(3.64)
Closing cash10.1321.5653.9240.2310.7268.2918.74
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.270.280.320.460.520.560.66
Long-term debt / equity0.170.170.220.320.370.340.34
Interest cover21.1245.6315.8927.1015.749.2232.25
Efficiency & per share
Fixed asset turnover1.351.451.611.741.961.871.48
Inventory turnover9.909.0312.8814.6817.4916.2912.19
Debtors turnover15.4313.7914.8115.7618.4514.148.06
EPS (₹)21.095.5720.619.7920.8632.1611.24
Dividend per share (₹)3.503.004.003.003.004.002.50
Book value per share (₹)207.86189.74187.72170.20163.78146.95116.83
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue344400343345335375341330
Revenue growth (YoY)+2.5%+6.5%+0.4%+4.4%-5.5%---
Other income4.1311.917.647.664.368.444.793.47
Total expenses304372307306285354322307
EBITDA39.6327.1635.8639.3950.2721.4519.8823.53
EBITDA margin+11.5%+6.8%+10.5%+11.4%+15.0%+5.7%+5.8%+7.1%
Depreciation14.6315.2914.4513.3612.7114.3513.6914.88
Interest5.734.755.184.655.395.225.285.18
Profit before tax23.4019.0323.8729.0436.5310.325.706.94
Tax6.16(23.06)10.619.3016.323.902.344.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,9611,9202,3322,0442,0461,7491,184
Revenue growth+2.1%-17.7%+14.1%-0.1%+17.0%+47.7%-
Other income31.5720.2718.2119.2311.136.592.57
Total expenses1,8071,8162,1231,8951,8381,4651,044
Employee cost71.2468.7366.0560.0856.6950.2842.09
EBITDA154104209149208284140
EBITDA margin+7.9%+5.4%+9.0%+7.3%+10.2%+16.2%+11.9%
Depreciation55.1553.7255.7248.4944.5240.8842.12
Interest21.4122.8424.1426.9225.2121.6631.71
Profit before tax10947.7014892.9415022869.19
Tax13.6222.3153.4446.9551.6979.1018.34
Net profit10228.9592.2745.4797.0414850.52
Net profit margin+5.2%+1.5%+4.0%+2.2%+4.7%+8.5%+4.3%
EPS (₹)21.075.6120.8310.1721.7032.8711.24
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital45.2345.2345.2345.2345.2345.2345.23
Reserves & surplus901819810730699620483
Shareholders' funds (net worth)946864855775744665528
Secured loans173190159219266187234
Unsecured loans66.0962.4858.6073.0168.94133112
Total debt239252218292335320347
Total liabilities1,2571,2091,1641,1641,157994896
Assets
Gross block1,5521,2951,2921,2641,0041,028842
Net block1,091922969986773789695
Capital work in progress2.2914838.5728.2517160.5489.91
Investments46.2450.4450.6535.4650.2230.010.01
Inventories148248177150129105110
Sundry debtors118136143142171104143
Cash & bank balances9.9821.3844.1235.3310.6768.1718.73
Loans & advances92.3955.8067.1177.6714260.9172.83
Total current assets369461431404453338345
Total current liabilities219308251229223223185
Net working capital150153179175230115160
Total assets1,2571,2091,1641,1641,157994896
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash14.7134.8426.341.9268.1718.7322.38
Net cash from operating activities14696.47183208106237106
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)8.5124.38(57.51)49.45(3.66)
Closing cash9.9821.3844.1235.3310.6768.1718.73
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.270.270.310.410.470.560.66
Long-term debt / equity0.170.170.220.280.320.340.34
Interest cover21.6845.4315.7226.7515.388.9232.25
Efficiency & per share
Fixed asset turnover1.381.481.821.802.011.871.48
Inventory turnover9.909.0314.2814.6817.4916.2912.19
Debtors turnover15.4313.7916.4113.0914.8914.148.06
EPS (₹)21.075.6120.8310.1721.7032.8711.24
Dividend per share (₹)3.502.004.003.003.004.002.50
Book value per share (₹)209.19191.10189.04171.30164.50146.96116.83

To see the full year-wise statements and ratios of NCL Industries Ltd, buy the company report.

Board of directors of NCL Industries Ltd

NCL Industries has 12 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gautam Kalidindi
Also directs: Tern Distilleries Private Limited, NCL Buildtek Limited, Vishwamber Cements Limited
Director27 Jul 200917 Years 3 MonthsCurrent
Renu ChalluDirector08 Aug 20251 Years 2 MonthsCurrent
Utkal Bimalkumar GoradiaWhole-Time Director27 Sep 20224 Years 1 MonthsCurrent
Sekani Puram Subramaniam KrishnanDirector09 Aug 20242 Years 2 MonthsCurrent
Kalidindi Ravi
Also directs: Tern Distilleries Private Limited, Vikram Chemicals Pvt Ltd, Kakatiya Industries Private Limited and 5 more
Managing Director11 Jan 200818 Years 9 MonthsCurrent
Gurunadha Prasad Gnana Venkata Satya Nimmagadda
Also directs: Tern Distilleries Private Limited, Vishwamber Cements Limited
Director30 May 201610 Years 5 MonthsCurrent
Showing 6 of 12 current directors. View all directors

Peer comparison

NCL Industries Ltd is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Zuari Cement Limited₹1,991.82 Cr (FY 2025)-17.0%Yerraguntla, Andhra Pradesh, India
NCL Industries Ltdthis company₹1,960.73 Cr (FY 2026)₹102.24 Cr5.2%2.1%983Secunderabad, Telangana, India
Mangalam Cement Ltd₹1,741.61 Cr (FY 2025)-1.0%Kota, Rajasthan, India
Saurashtra Cement Limited₹1,554.82 Cr (FY 2025)-14.0%Ranavav, Gujarat, India
Star Cement North East Limited₹1,314.75 Cr (FY 2025)2316.0%Guwahati, Assam, India

To see the full peer comparison of NCL Industries Ltd, buy the company report.

Auditor

NCL Industries Ltd is audited by M BHASKARA RAO & Co for the financial year 2024.

Auditor firmFinancial yearFirm registration number
M BHASKARA RAO & CoFY 2024000459S

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 41.70%, foreign institutional investors hold 3.40%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 54.80%.

Promoters: 41.70%DII (Domestic Institutional): 0.10%FII (Foreign Institutional): 3.40%Retail & Others: 54.80%
Sep 2026
QUARTER
41.70% Promoters
0.10% DII (Domestic Institutional)
3.40% FII (Foreign Institutional)
54.80% Retail & Others
Promoter holding - history
Now 41.70% · Sep 2026High 41.70% · Sep 2026Low 40.90% · Dec 2025
39%40%41%42%43%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 40.90%Mar 2026: 41.00%Jun 2026: 41.60%Sep 2026: 41.70%40.90%41.70%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters41.70%41.60%41.00%40.90%
Public58.30%58.40%59.00%59.10%

Charges & borrowings

Open charges
₹698.07 Cr
Satisfied charges
₹1,588.24 Cr
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹560.85 Cr
Others₹137.20 Cr
Industrial Finance Corpn. of India₹0.02 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jul 2026101366569Others₹73 LakhOpen
31 Jan 2026101235605Others₹13 LakhOpen
23 May 2025101108653Others₹10 LakhOpen
26 Dec 2024101022615Others₹10 LakhOpen
26 Dec 2024101022619Others₹10 LakhOpen

To see the full charge records of NCL Industries Ltd, buy the company report.

Total charge records: 121 View all charges

Deals & funding

NCL Industries Ltd has 37 deals on record (31 market trades, 3 funding rounds, 1 rights issue), with disclosed funding of ₹340.76 Cr; the latest was in March 2026.

Total deals
37
Market trades
31
Funding rounds
3
Rights issue
1
Debt financing
1
Disclosed funding
₹340.76 Cr

Deals on record (5 of 37)

WhenDealAmountParties
Aug 2024Market trade₹7.28 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Jun 2024Market trade₹8.21 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Sep 2023Market trade₹94.59 CrBuyer: NCL Holdings (A&S) Limited , Anand Rathi Global Finance Limited , an individual
Seller: 2 individuals
Aug 2023Market trade₹5.45 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Jun 2019Market trade₹3.77 CrSeller: NCL Holdings (A&S) Limited

To see the full deal history of NCL Industries Ltd, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

NCL Industries Ltd was last rated by Care on 23 Aug 2022.

Rating agencyRated onRating
Care23 Aug 2022

To see the full credit ratings and regulatory alerts of NCL Industries Ltd, buy the company report.

MSME payment delays

NCL Industries Ltd has 10 MSME Form 1 returns on record between 2019 and 2023, listing 51 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 18)

SupplierAmount dueDue sinceReported on
Southern Plantaids Pvt. Ltd.
VSK Industries Private Limited
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of NCL Industries Ltd, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

NCL Industries has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Tern Distilleries Private LimitedU15532TG1999PTC031318

To see the full group structure of NCL Industries Ltd, buy the company report.

Employees & EPFO

NCL Industries Ltd has a workforce of 983 employees on its EPFO records as of Nov 18, 2024, across 2 active EPFO establishments.

Employee count
983
Active EPFO establishments
2
Employee growth
3.04%

GST

NCL Industries has 12 GST registrations: 8 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
12
Active
8
Cancelled / inactive
4
GSTINStateStatusRegistered on
36AAACN7002L1ZJTelanganaActive01 Jul 2017
02AAACN7002L1ZUHimachal PradeshActive01 Jul 2017
06AAACN7002L1ZMHaryanaActive01 Jul 2017
29AAACN7002L2ZDKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of NCL Industries Ltd, buy the company report.

Recent activity

NCL Industries Ltd has 32 board changes on record since 2008: 12 appointments and 20 cessations. The latest: Durga Prasad Subramanyam Anapindi was appointed as Director on 22 Jan 2026.

Charges
A charge registered on 18 Apr 2023 via Charge ID 100711550 with Hdfc Bank Limited was fully satisfied on 01 Sep 2026.
Charges
A charge registered on 22 Jul 2022 via Charge ID 100601844 with Others was fully satisfied on 13 Aug 2026.
Charges
A charge with Others amounted to Rs. 0.73 Cr with Charge ID 101366569 was registered on 29 Jul 2026.
Charges
A charge registered on 16 Aug 2024 via Charge ID 100970451 with Others was fully satisfied on 20 Jul 2026.
Charges
A charge registered on 29 Feb 2024 via Charge ID 100880540 with Others was fully satisfied on 20 Jul 2026.
Charges
A charge registered on 28 Feb 2024 via Charge ID 100880542 with Others was fully satisfied on 20 Jul 2026.
Charges
A charge registered on 09 Feb 2017 via Charge ID 100078895 with Others was fully satisfied on 16 Jul 2026.
Charges
A charge registered on 21 May 2019 via Charge ID 100306522 with Axis Bank Limited was fully satisfied on 14 Jul 2026.
Charges
A charge registered on 20 May 2019 via Charge ID 100306143 with Axis Bank Limited was fully satisfied on 14 Jul 2026.
Charges
A charge registered on 11 Dec 2020 via Charge ID 100403207 with Axis Bank Limited was fully satisfied on 06 Jul 2026.
Charges
A charge registered on 16 Aug 2024 via Charge ID 100970450 with Others was fully satisfied on 05 Jun 2026.
Charges
A charge registered on 29 Feb 2024 via Charge ID 100880546 with Others was fully satisfied on 05 Jun 2026.

273 earlier events are in the company report.

News

NCL Industries: Cement Production And Dispatch Increased 22% YoY In Q2FY27 And 16%/15% In H1FY27, While Cement Board Production Decreased 12% In H1, RMC Sales Fell 18%, And Hydro-Power Generation Dropped 43%.
08 Oct 2026 · Exchange Update

Frequently asked questions

NCL Industries is an active public limited company based in Secunderabad, Telangana, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 10 September 1979 (47+ years old) and is registered under CIN L33130TG1979PLC002521. Listed on BSE: 502168 and NSE: NCLIND.

NCL Industries reported revenue of ₹1,960.73 Cr for FY 2025-26 (up 2.1% YoY) based on consolidated financials.

NCL Industries has 12 current directors:

The latest financial statements of NCL Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of NCL Industries is 36AAACN7002L1ZJ, registered in Telangana. The company has 12 GST registrations in all, of which 8 are active and 4 are cancelled or inactive. Other active GSTINs include 02AAACN7002L1ZU (Himachal Pradesh), 06AAACN7002L1ZM (Haryana), 29AAACN7002L2ZD (Karnataka).

The CIN (Corporate Identification Number) of NCL Industries is L33130TG1979PLC002521. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. NCL Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 502168) and NSE (symbol: NCLIND).

NCL Industries has 399 court cases on record: 263 filed by the company and 136 filed against it. 100 are pending. Most are in the district courts.

NCL Industries was incorporated on 10 September 1979, making it 47+ years old. It is registered with the Registrar of Companies, Hyderabad.

NCL Industries has 37 deals on record (31 market trades, 3 funding rounds, 1 rights issue), with disclosed funding of ₹340.76 Cr; the latest was in March 2026.

The peers of NCL Industries by revenue are Zuari Cement Limited, Mangalam Cement Ltd, Saurashtra Cement Limited, Star Cement North East Limited, all in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).

Durga Prasad Subramanyam Anapindi was appointed as Director on 22 Jan 2026. Renu Challu was appointed as Director on 08 Aug 2025. Reddy Polam Rajgopal was appointed as Director on 09 Aug 2024. NCL Industries has 32 board changes on record in total.