- Category
- Medium (2026-27)
- Udyam number
- UDYAM-WB-10-0004746

About NTC Industries Limited
Data last updated:
NTC Industries Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the tobacco products and alternatives segment of the FMCG sector. It was incorporated on 15 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L46300WB1991PLC053562. Its GSTIN is 19AABCR4307D1ZP (West Bengal). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 526723 and NSE: NTCIND.
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹14.52 Cr. It was formerly known as Rdb Industries Limited and Rdb Industries Ltd. It is led by directors including Avijit Maity (Managing Director) and Tapan Kumar Chakraborty (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 149 B.T.Road Kamarhati, Kolkata, West Bengal, India – 700058.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹112.64 Cr, a growth of 87.5% compared to the previous year. For the same year it recorded a net profit of ₹19.56 Cr (net margin 17.4%) and EBITDA of ₹21.34 Cr (EBITDA margin 18.9%). The net worth stands at ₹209.9 Cr (down 0.1% YoY). Total assets are valued at ₹287.82 Cr (down 1.5% YoY).
The company has about 61 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: National Tobacco Company. As per MCA filings, the company has open charges of ₹29.95 Cr and satisfied charges of ₹49 Cr on record. Court records list 86 cases involving the company, including 42 filed by the company and 44 filed against it; 18 cases are pending. The company has 58 deals on record (57 market trades, 1 funding round); the latest was in June 2026. Its 6 peer companies in the FMCG industry (Tobacco Products), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 3 smaller; the largest is Gopal Aromatic Private Limited with revenue of ₹76.09 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 221 overdue payments to 40 micro and small suppliers.
NTC Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0004746). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ntcind.com.
Company details
Name history
NTC Industries has undergone 2 name changes throughout its history. The company was previously known as Rdb Industries Limited, and Rdb Industries Ltd. The current legal name is Ntc Industries Limited.
| Company Name | Status |
|---|---|
| NTC Industries Limited | Current |
| Rdb Industries Limited | Previous |
| Rdb Industries Ltd | Previous |
CIN history
NTC Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L46300WB1991PLC053562, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L46300WB1991PLC053562 | Current |
| U70109WB1991PLC053562 | Previous |
| L70109WB1991PLC053562 | Previous |
Recognitions & Rankings of NTC Industries
Contact details
NTC Industries Limited's registered office is in Kolkata, West Bengal.
- Social Media
- Registered Address149 B.T.Road Kamarhati, Kolkata, West Bengal, India – 700058
- IndustryFMCG, Tobacco Products & Alternatives
- 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
Brands
NTC Industries operates one associated brand: National Tobacco Company. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Elastomer-coated metals for automotive damping and sealing are manufactured. | ntcind.com |
Business activity
The main business activities of NTC Industries are manufacturing and real estate. In detail, this covers food, beverages and tobacco products and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of NTC Industries Limited, buy the company report.
Financials of NTC Industries Limited
FY 2025-26 filings availableNTC Industries Limited reported revenue of ₹112.64 Cr (up 87.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · 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 | 113 | 60.08 | 42.13 | 49.42 | 31.19 | 28.79 | 21.27 |
| Revenue growth | +87.5% | +42.6% | -14.8% | +58.5% | +8.3% | +35.4% | - |
| EBITDA | 21.34 | 14.12 | 1.83 | 6.61 | 8.06 | 10.29 | 1.35 |
| EBITDA margin | +19.0% | +23.5% | +4.3% | +13.4% | +25.8% | +35.7% | +6.4% |
| Profit before tax | 25.62 | 14.29 | 6.73 | 8.78 | 11.57 | 12.05 | 5.59 |
| Net profit | 19.56 | 11.25 | 6.98 | 6.30 | 8.99 | 8.04 | 2.93 |
| Net profit margin | +17.4% | +18.7% | +16.6% | +12.8% | +28.8% | +27.9% | +13.8% |
| EPS (₹) | 13.47 | 7.83 | 4.24 | 5.30 | 7.55 | 6.73 | 4.10 |
| Balance sheet | |||||||
| Total assets | 288 | 292 | 152 | 98.49 | 91.37 | 78.06 | 67.14 |
| Net worth | 210 | 210 | 103 | 88.83 | 82.57 | 70.89 | 56.83 |
| Total debt | 76.66 | 80.04 | 46.33 | 6.60 | 5.79 | 4.48 | 7.00 |
| Cash & bank | 2.54 | 1.51 | 0.73 | 2.74 | 1.33 | 6.66 | 1.17 |
| Net working capital | 77.06 | 62.59 | 3.21 | 55.58 | 51.86 | 39.09 | 29.46 |
| Cash flow | |||||||
| Cash from operations | (8.03) | (2.07) | 90.45 | 3.82 | 3.12 | 1.70 | 1.30 |
| Cash from investing | 16.37 | (29.19) | (89.55) | (2.70) | (5.91) | 1.42 | 5.26 |
| Cash from financing | (7.87) | 30.09 | (0.88) | (0.67) | (2.54) | 2.84 | (6.16) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 25.23 | 31.55 | 26.72 | 26.26 | 28.11 | 23.60 | 13.43 | 15.42 |
| Revenue growth (YoY) | -10.3% | +33.7% | +99.0% | +70.3% | +268.4% | - | - | - |
| Other income | 3.16 | 2.39 | 2.88 | 3.02 | 3.97 | 3.64 | 1.68 | 1.59 |
| EBITDA | 6.60 | 6.91 | 4.26 | 4.44 | 5.73 | 5.79 | 3.23 | 2.64 |
| EBITDA margin | +31.1% | +25.1% | +18.6% | +19.8% | +23.4% | +29.0% | +32.8% | +22.5% |
| Depreciation | 0.37 | 0.36 | 0.37 | 0.37 | 0.37 | 0.37 | 0.39 | 0.40 |
| Interest | 1.28 | 1.50 | 1.61 | 1.63 | 1.76 | 1.79 | 1.85 | 1.38 |
| Profit before tax | 8.11 | 7.44 | 5.16 | 5.46 | 7.57 | 7.27 | 2.67 | 2.45 |
| Tax | 1.99 | 1.72 | 1.34 | 1.10 | 1.89 | 1.73 | 0.33 | 0.49 |
| Net profit | 6.12 | 5.72 | 3.82 | 4.36 | 5.68 | 5.54 | 2.34 | 1.96 |
| EPS (₹) | 4.22 | 3.93 | 2.63 | 3.78 | 3.90 | 3.47 | 1.72 | 1.64 |
| 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 | 98.37 | 46.35 | 32.70 | 40.37 | 22.93 | 21.88 | 14.15 |
| Revenue growth | +112.2% | +41.7% | -19.0% | +76.1% | +4.8% | +54.6% | - |
| EBITDA | 7.92 | 1.84 | (2.89) | 0.86 | 1.08 | 4.94 | (2.89) |
| EBITDA margin | +8.1% | +4.0% | -8.8% | +2.1% | +4.7% | +22.6% | -20.4% |
| Profit before tax | 19.50 | 10.42 | 4.61 | 2.46 | 5.49 | 8.55 | 3.56 |
| Net profit | 14.48 | 7.74 | 3.18 | 1.63 | 4.43 | 6.29 | 1.33 |
| Net profit margin | +14.7% | +16.7% | +9.7% | +4.0% | +19.3% | +28.8% | +9.4% |
| EPS (₹) | 9.98 | 5.41 | 3.84 | 1.38 | 3.72 | 5.27 | 2.60 |
| Balance sheet | |||||||
| Total assets | 178 | 183 | 78.86 | 70.36 | 67.71 | 59.18 | 47.52 |
| Net worth | 173 | 178 | 74.01 | 60.71 | 59.12 | 52.01 | 39.69 |
| Total debt | 3.76 | 3.32 | 2.16 | 6.60 | 5.58 | 4.48 | 4.52 |
| Cash & bank | 0.47 | 0.44 | 0.44 | 2.52 | 1.18 | 6.45 | 0.92 |
| Net working capital | 88.55 | 75.36 | 52.04 | 53.86 | 52.20 | 45.20 | 36.39 |
| Cash flow | |||||||
| Cash from operations | (7.61) | (22.25) | (0.84) | 0.95 | (2.19) | (1.13) | (5.28) |
| Cash from investing | 7.54 | (17.22) | 1.27 | 0.85 | (4.00) | 1.35 | 5.60 |
| Cash from financing | (0.41) | 38.36 | (0.48) | (0.46) | 0.93 | 5.77 | (0.04) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21.46 | 27.82 | 23.14 | 22.72 | 24.70 | 20.18 | 10.02 | 11.92 |
| Revenue growth (YoY) | -13.1% | +37.9% | +130.9% | +90.6% | +483.9% | - | - | - |
| Other income | 3.28 | 2.35 | 3.01 | 3.14 | 4.10 | 3.66 | 1.86 | 2.34 |
| Total expenses | 18.43 | 24.45 | 22.22 | 21.62 | 22.15 | 17.34 | 9.85 | 12.29 |
| EBITDA | 3.03 | 3.37 | 0.92 | 1.10 | 2.55 | 2.84 | 0.17 | (0.37) |
| EBITDA margin | +14.3% | +12.2% | +4.0% | +4.9% | +10.4% | +14.2% | +1.7% | -3.2% |
| Depreciation | 0.16 | 0.16 | 0.16 | 0.16 | 0.17 | 0.17 | 0.18 | 0.18 |
| Interest | 0.05 | 0.09 | 0.10 | 0.10 | 0.10 | 0.08 | 0.08 | 0.08 |
| Profit before tax | 6.10 | 5.47 | 3.67 | 3.98 | 6.38 | 6.25 | 1.77 | 1.71 |
| Tax | 1.65 | 1.33 | 1.04 | 0.91 | 1.74 | 1.61 | 0.45 | 0.25 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 25.23 | 31.55 | 26.72 | 26.26 | 28.11 | 23.60 | 13.43 | 15.42 |
| Revenue growth (YoY) | -10.3% | +33.7% | +99.0% | +70.3% | +268.4% | - | - | - |
| Other income | 3.16 | 2.39 | 2.88 | 3.02 | 3.97 | 3.64 | 1.68 | 1.59 |
| EBITDA | 6.60 | 6.91 | 4.26 | 4.44 | 5.73 | 5.79 | 3.23 | 2.64 |
| EBITDA margin | +31.1% | +25.1% | +18.6% | +19.8% | +23.4% | +29.0% | +32.8% | +22.5% |
| Depreciation | 0.37 | 0.36 | 0.37 | 0.37 | 0.37 | 0.37 | 0.39 | 0.40 |
| Interest | 1.28 | 1.50 | 1.61 | 1.63 | 1.76 | 1.79 | 1.85 | 1.38 |
| Profit before tax | 8.11 | 7.44 | 5.16 | 5.46 | 7.57 | 7.27 | 2.67 | 2.45 |
| Tax | 1.99 | 1.72 | 1.34 | 1.10 | 1.89 | 1.73 | 0.33 | 0.49 |
| Net profit | 6.12 | 5.72 | 3.82 | 4.36 | 5.68 | 5.54 | 2.34 | 1.96 |
| EPS (₹) | 4.22 | 3.93 | 2.63 | 3.78 | 3.90 | 3.47 | 1.72 | 1.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 113 | 60.08 | 42.13 | 49.42 | 31.19 | 28.79 | 21.27 |
| Revenue growth | +87.5% | +42.6% | -14.8% | +58.5% | +8.3% | +35.4% | - |
| Other income | 12.25 | 7.67 | 7.45 | 4.67 | 5.84 | 4.40 | 7.46 |
| Total expenses | 91.30 | 45.96 | 40.30 | 42.81 | 23.13 | 18.50 | 19.92 |
| Employee cost | 2.36 | 2.72 | 3.36 | 3.33 | 3.29 | 3.46 | 3.71 |
| EBITDA | 21.34 | 14.12 | 1.83 | 6.61 | 8.06 | 10.29 | 1.35 |
| EBITDA margin | +19.0% | +23.5% | +4.3% | +13.4% | +25.8% | +35.7% | +6.4% |
| Depreciation | 1.47 | 1.56 | 2.10 | 2.04 | 2.04 | 1.91 | 1.92 |
| Interest | 6.50 | 5.94 | 0.45 | 0.46 | 0.29 | 0.73 | 1.30 |
| Profit before tax | 25.62 | 14.29 | 6.73 | 8.78 | 11.57 | 12.05 | 5.59 |
| Tax | 6.06 | 2.93 | 1.67 | 2.46 | 2.58 | 4.01 | 1.19 |
| Net profit | 19.56 | 11.25 | 6.98 | 6.30 | 8.99 | 8.04 | 2.93 |
| Net profit margin | +17.4% | +18.7% | +16.6% | +12.8% | +28.8% | +27.9% | +13.8% |
| EPS (₹) | 13.47 | 7.83 | 4.24 | 5.30 | 7.55 | 6.73 | 4.10 |
| 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 | 14.52 | 14.52 | 11.94 | 11.94 | 11.94 | 11.94 | 10.75 |
| Reserves & surplus | 195 | 196 | 90.67 | 76.89 | 70.63 | 58.95 | 46.08 |
| Shareholders' funds (net worth) | 210 | 210 | 103 | 88.83 | 82.57 | 70.89 | 56.83 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 76.66 | 80.04 | 2.16 | 4.60 | 5.79 | 4.48 | 7.00 |
| Unsecured loans | 0.00 | 0.00 | 44.17 | 2.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 76.66 | 80.04 | 46.33 | 6.60 | 5.79 | 4.48 | 7.00 |
| Total liabilities | 288 | 292 | 152 | 98.49 | 91.37 | 78.06 | 67.14 |
| Assets | |||||||
| Gross block | 156 | 155 | 155 | 54.20 | 52.40 | 49.51 | 49.31 |
| Net block | 127 | 128 | 129 | 28.68 | 28.92 | 28.07 | 29.74 |
| Capital work in progress | 1.86 | 1.24 | 1.05 | 5.89 | 2.25 | 4.50 | 1.64 |
| Investments | 86.80 | 108 | 16.29 | 4.73 | 4.33 | 2.14 | 2.38 |
| Inventories | 10.51 | 8.79 | 6.45 | 7.02 | 4.41 | 7.91 | 3.16 |
| Sundry debtors | 10.80 | 11.72 | 7.82 | 5.19 | 6.27 | 7.52 | 3.72 |
| Cash & bank balances | 2.54 | 1.51 | 0.73 | 2.74 | 1.33 | 6.66 | 1.17 |
| Loans & advances | 76.40 | 65.16 | 4.32 | 55.52 | 53.19 | 42.00 | 38.38 |
| Total current assets | 100 | 87.18 | 19.32 | 70.47 | 65.20 | 64.09 | 46.43 |
| Total current liabilities | 23.19 | 24.59 | 16.11 | 14.89 | 13.34 | 25.00 | 16.97 |
| Net working capital | 77.06 | 62.59 | 3.21 | 55.58 | 51.86 | 39.09 | 29.46 |
| Total assets | 288 | 292 | 152 | 98.49 | 91.37 | 78.06 | 67.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | (2.93) | (1.77) | (1.79) | (2.24) | 6.66 | 0.70 | 0.30 |
| Net cash from operating activities | (8.03) | (2.07) | 90.45 | 3.82 | 3.12 | 1.70 | 1.30 |
| Net cash from investing activities | 16.37 | (29.19) | (89.55) | (2.70) | (5.91) | 1.42 | 5.26 |
| Net cash from financing activities | (7.87) | 30.09 | (0.88) | (0.67) | (2.54) | 2.84 | (6.16) |
| Net change in cash | 0.47 | (1.17) | 0.02 | 0.45 | (5.33) | 5.96 | 0.40 |
| Closing cash | 2.54 | 1.51 | 0.73 | 2.74 | 1.33 | 6.66 | 1.17 |
| 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 | +87.5% | +42.6% | -14.8% | +58.5% | +8.3% | +35.4% | - |
| EBITDA growth | +51.1% | +671.6% | -72.3% | -18.0% | -21.7% | +662.2% | - |
| PBT growth | +79.3% | +112.3% | -23.4% | -24.1% | -4.0% | +115.6% | -49.6% |
| Net income growth | +73.9% | +61.2% | +10.8% | -29.9% | +11.8% | +174.4% | - |
| Revenue CAGR (3Y) | +31.6% | +24.4% | +13.5% | +32.5% | +12.8% | +6.5% | -2.6% |
| EBITDA CAGR (3Y) | +47.8% | +20.6% | -43.8% | +69.8% | +18.6% | +35.0% | -40.7% |
| Profitability & leverage | |||||||
| Net income margin | +17.4% | +18.9% | +12.0% | +12.8% | +28.8% | +27.9% | +20.7% |
| Return on capital employed | +11.1% | +9.1% | +8.2% | +9.8% | +14.0% | +17.6% | +7.4% |
| Return on net worth | +9.3% | +7.3% | +7.3% | +7.4% | +11.7% | +12.6% | +5.3% |
| Debt / equity | 0.37 | 0.40 | 0.28 | 0.07 | 0.07 | 0.09 | 0.17 |
| Long-term debt / equity | 0.34 | 0.24 | 0.01 | 0.02 | 0.03 | 0.05 | 0.13 |
| Interest cover | 32.71 | 47.29 | -166.67 | 10.07 | 4.82 | 8.71 | -228.07 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.75 | 0.40 | 0.43 | 0.98 | 0.65 | 0.62 | 0.45 |
| Inventory turnover | 12.02 | 8.23 | 6.74 | 9.14 | 5.38 | 5.54 | 8.01 |
| Debtors turnover | 10.30 | 6.42 | 6.98 | 9.12 | 4.80 | 5.46 | 6.66 |
| EPS (₹) | 13.47 | 7.83 | 4.24 | 5.30 | 7.55 | 6.73 | 4.10 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 144.57 | 144.76 | 85.91 | 74.38 | 69.14 | 59.35 | 52.86 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 21.46 | 27.82 | 23.14 | 22.72 | 24.70 | 20.18 | 10.02 | 11.92 |
| Revenue growth (YoY) | -13.1% | +37.9% | +130.9% | +90.6% | +483.9% | - | - | - |
| Other income | 3.28 | 2.35 | 3.01 | 3.14 | 4.10 | 3.66 | 1.86 | 2.34 |
| Total expenses | 18.43 | 24.45 | 22.22 | 21.62 | 22.15 | 17.34 | 9.85 | 12.29 |
| EBITDA | 3.03 | 3.37 | 0.92 | 1.10 | 2.55 | 2.84 | 0.17 | (0.37) |
| EBITDA margin | +14.3% | +12.2% | +4.0% | +4.9% | +10.4% | +14.2% | +1.7% | -3.2% |
| Depreciation | 0.16 | 0.16 | 0.16 | 0.16 | 0.17 | 0.17 | 0.18 | 0.18 |
| Interest | 0.05 | 0.09 | 0.10 | 0.10 | 0.10 | 0.08 | 0.08 | 0.08 |
| Profit before tax | 6.10 | 5.47 | 3.67 | 3.98 | 6.38 | 6.25 | 1.77 | 1.71 |
| Tax | 1.65 | 1.33 | 1.04 | 0.91 | 1.74 | 1.61 | 0.45 | 0.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 98.37 | 46.35 | 32.70 | 40.37 | 22.93 | 21.88 | 14.15 |
| Revenue growth | +112.2% | +41.7% | -19.0% | +76.1% | +4.8% | +54.6% | - |
| Other income | 12.61 | 9.61 | 8.66 | 2.71 | 5.30 | 4.39 | 7.27 |
| Total expenses | 90.45 | 44.51 | 35.59 | 39.51 | 21.85 | 16.94 | 17.04 |
| Employee cost | 2.00 | 2.29 | 2.99 | 2.95 | 2.92 | 3.13 | 3.41 |
| EBITDA | 7.92 | 1.84 | (2.89) | 0.86 | 1.08 | 4.94 | (2.89) |
| EBITDA margin | +8.1% | +4.0% | -8.8% | +2.1% | +4.7% | +22.6% | -20.4% |
| Depreciation | 0.65 | 0.71 | 0.71 | 0.65 | 0.65 | 0.51 | 0.51 |
| Interest | 0.38 | 0.32 | 0.45 | 0.46 | 0.24 | 0.27 | 0.31 |
| Profit before tax | 19.50 | 10.42 | 4.61 | 2.46 | 5.49 | 8.55 | 3.56 |
| Tax | 5.02 | 2.57 | 0.01 | 0.81 | 1.06 | 2.26 | 0.77 |
| Net profit | 14.48 | 7.74 | 3.18 | 1.63 | 4.43 | 6.29 | 1.33 |
| Net profit margin | +14.7% | +16.7% | +9.7% | +4.0% | +19.3% | +28.8% | +9.4% |
| EPS (₹) | 9.98 | 5.41 | 3.84 | 1.38 | 3.72 | 5.27 | 2.60 |
| 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 | 14.52 | 14.52 | 11.94 | 11.94 | 11.94 | 11.94 | 10.75 |
| Reserves & surplus | 158 | 164 | 62.07 | 48.77 | 47.18 | 40.07 | 28.94 |
| Shareholders' funds (net worth) | 173 | 178 | 74.01 | 60.71 | 59.12 | 52.01 | 39.69 |
| Secured loans | 3.76 | 3.32 | 2.16 | 4.60 | 3.58 | 2.48 | 2.52 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total debt | 3.76 | 3.32 | 2.16 | 6.60 | 5.58 | 4.48 | 4.52 |
| Total liabilities | 178 | 183 | 78.86 | 70.36 | 67.71 | 59.18 | 47.52 |
| Assets | |||||||
| Gross block | 22.63 | 21.93 | 22.09 | 22.33 | 20.53 | 17.64 | 17.26 |
| Net block | 7.87 | 7.82 | 8.50 | 8.08 | 6.92 | 4.68 | 4.81 |
| Capital work in progress | 0.19 | 0.08 | 0.00 | 0.04 | 0.22 | 2.85 | 0.00 |
| Investments | 86.84 | 108 | 16.33 | 4.77 | 4.37 | 2.18 | 2.42 |
| Inventories | 10.51 | 8.79 | 6.45 | 7.02 | 4.41 | 7.91 | 3.16 |
| Sundry debtors | 9.94 | 10.49 | 7.33 | 4.60 | 4.60 | 5.94 | 2.69 |
| Cash & bank balances | 0.47 | 0.44 | 0.44 | 2.52 | 1.18 | 6.45 | 0.92 |
| Loans & advances | 86.42 | 75.32 | 48.71 | 49.06 | 49.76 | 41.98 | 37.25 |
| Total current assets | 107 | 95.04 | 62.93 | 63.20 | 59.95 | 62.28 | 44.02 |
| Total current liabilities | 18.79 | 19.68 | 10.89 | 9.34 | 7.75 | 17.08 | 7.63 |
| Net working capital | 88.55 | 75.36 | 52.04 | 53.86 | 52.20 | 45.20 | 36.39 |
| Total assets | 178 | 183 | 78.86 | 70.36 | 67.71 | 59.18 | 47.52 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | (3.16) | (2.05) | (2.01) | 1.18 | 6.45 | 0.45 | 0.17 |
| Net cash from operating activities | (7.61) | (22.25) | (0.84) | 0.95 | (2.19) | (1.13) | (5.28) |
| Net cash from investing activities | 7.54 | (17.22) | 1.27 | 0.85 | (4.00) | 1.35 | 5.60 |
| Net cash from financing activities | (0.41) | 38.36 | (0.48) | (0.46) | 0.93 | 5.77 | (0.04) |
| Net change in cash | (0.48) | (1.11) | (0.04) | 1.34 | (5.27) | 6.00 | 0.28 |
| Closing cash | 0.47 | 0.44 | 0.44 | 2.52 | 1.18 | 6.45 | 0.92 |
| 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 | +112.2% | +41.7% | -19.0% | +76.1% | +4.8% | +54.6% | - |
| EBITDA growth | +330.4% | +163.7% | -436.1% | -20.4% | -78.1% | +270.9% | - |
| PBT growth | +87.1% | +126.0% | +87.4% | -55.2% | -35.8% | +140.2% | -20.9% |
| Net income growth | +87.1% | +143.4% | +95.1% | -63.2% | -29.6% | +372.9% | - |
| Revenue CAGR (3Y) | +34.6% | +26.4% | +14.3% | +41.8% | +26.6% | +15.3% | +1.8% |
| EBITDA CAGR (3Y) | +109.6% | +19.4% | - | - | - | - | +8.5% |
| Profitability & leverage | |||||||
| Net income margin | +14.7% | +16.9% | +14.1% | +4.1% | +19.3% | +28.8% | +19.7% |
| Return on capital employed | +11.0% | +8.2% | +4.4% | +4.2% | +9.0% | +16.5% | +4.3% |
| Return on net worth | +8.3% | +6.2% | +4.7% | +2.8% | +8.0% | +13.7% | +3.4% |
| Debt / equity | 0.02 | 0.02 | 0.07 | 0.10 | 0.09 | 0.10 | 0.11 |
| Long-term debt / equity | 0.00 | 0.00 | 0.02 | 0.03 | 0.04 | 0.04 | 0.05 |
| Interest cover | 5.23 | 28.32 | -12.50 | 219.05 | 55.81 | 6.09 | -9.12 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.57 | 2.23 | 1.62 | 2.01 | 1.30 | 1.36 | 0.89 |
| Inventory turnover | 10.54 | 6.43 | 5.34 | 7.56 | 4.04 | 4.29 | 5.44 |
| Debtors turnover | 9.96 | 5.50 | 6.03 | 9.39 | 4.72 | 5.51 | 6.51 |
| EPS (₹) | 9.98 | 5.41 | 3.84 | 1.38 | 3.72 | 5.27 | 2.60 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 118.95 | 122.65 | 61.97 | 50.83 | 49.50 | 43.54 | 36.92 |
To see the full year-wise statements and ratios of NTC Industries Limited, buy the company report.
Board of directors of NTC Industries Limited
NTC Industries has 6 current directors and 33 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tapan Kumar Chakraborty | Whole-Time Director | 22 May 2021 | 5 Years 5 Months | Current |
| Avijit Maity | Managing Director | 29 Jan 2024 | 2 Years 9 Months | Current |
| Samprati Kamdar Also directs: BFM Industries Limited, Samvik Structures LLP, Maxim Industries Private Limited and 5 more | Director | 23 Dec 2024 | 1 Years 10 Months | Current |
| Sharad Kumar Bachhawat Also directs: Highpoint Realtors & Developers LLP, BFM Industries Limited, Khatod Investments & Finance Co Ltd and 5 more | Director | 29 Jan 2024 | 2 Years 9 Months | Current |
| Moumita Ghosh | Director | 23 Dec 2024 | 1 Years 10 Months | Current |
| Niraj Sinha Also directs: Ntcil Infrastructure Private Limited, Ntcil Real Estate Private Limited, Regent Autotrade Pvt. Ltd. and 1 more | Director | 23 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
NTC Industries Limited is compared with the 6 companies closest to it by revenue in the FMCG industry (Tobacco Products), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NTC Industries Limitedthis company | ₹112.64 Cr (FY 2026) | ₹19.56 Cr | 17.4% | 87.5% | Kolkata, West Bengal, India | |
| Gopal Aromatic Private Limited | ₹76.09 Cr (FY 2025) | -4.0% | Delhi, India | |||
| Nutan Tobacco Private Limited | ₹74.66 Cr (FY 2025) | -4.0% | Village Piplag, Gujarat, India | |||
| Kajah Enterprises Private Limited | ₹72.34 Cr (FY 2025) | -53.0% | Tamil Nadu, India | |||
| International Tobacco Company Limited | ₹70.22 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Tirumula Industries Private Limited | ₹68.96 Cr (FY 2025) | 74.0% | Dist-Ganjam, Odisha, India | |||
| B K Threshers Private Limited | ₹68.05 Cr (FY 2024) | 54.0% | Tangutur, Andhra Pradesh, India |
To see the full peer comparison of NTC Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 May 2026 | 101311434 | Axis Bank Limited | ₹4.5 Cr | Open | |
| 10 Jul 2024 | 100959983 | Hdfc Bank Limited | ₹10.75 Lakh | Open | |
| 27 Dec 2021 | 100533093 | Hdfc Bank Limited | ₹25.34 Cr | Open | |
| 24 Feb 2012 | 10346166 | Kotak Mahindra Bank Limited | ₹10 Cr | Satisfied | |
| 14 Nov 2008 | 10139488 | Oriental Bank of Commerce | ₹2.5 Cr | Satisfied |
To see the full charge records of NTC Industries Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
NTC Industries Limited has 58 deals on record (57 market trades, 1 funding round); the latest was in June 2026.
Deals on record (5 of 58)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | Market trade | ₹1.51 Cr | Seller: Aryadeep Tie Up Private Limited |
| May 2026 | Market trade | ₹2.49 Cr | Buyer: Aryadeep Tie Up Private Limited Seller: an individual |
| Jan 2026 | Market trade | ₹1.69 Cr | Buyer: Ajitnath Suppliers Private Limited |
| Aug 2022 | Market trade | ₹1.28 Cr | Buyer: Ambika Vincom Private Limited Seller: Nexpact Limited |
| Jul 2022 | Market trade | ₹7.95 Cr | Buyer: Ambika Vincom Private Limited Seller: Nexpact Limited |
To see the full deal history of NTC Industries Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
NTC Industries Limited has 86 court cases on record: 42 filed by NTC Industries, 44 filed against it. 18 cases are pending and 68 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 58 | 31 | 7 |
| District courts | 20 | 11 | 9 |
| Supreme Court | 4 | 1 | 2 |
| NCLAT | 3 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 86)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company by Godfrey Phillips India Limited | Pending |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against Pelican Tobacco India Pvt. Ltd. and 5 others | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Ifci Limited and Anr. | Disposed |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed by the company against Ntcil Infrastructure Private Limited and 1 other | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Itc Limited | Disposed |
To see the full case history of NTC Industries Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
NTC Industries Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 221 overdue payments to 40 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 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| York Print & Pack | |||
| an individual supplier | |||
| an individual supplier | |||
| The Sureka Industries | |||
| an individual supplier |
To see the full MSME payment records of NTC Industries Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
NTC Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCR4307D1ZP | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of NTC Industries Limited, buy the company report.
Recent activity
NTC Industries Limited has 35 board changes on record since 2007: 6 appointments and 29 cessations. The latest: Moumita Ghosh ceased to be Additional Director on 12 Mar 2025.
42 earlier events are in the company report.
News
Frequently asked questions
NTC Industries is an active public limited company based in Kolkata, West Bengal, India. The company works in tobacco products and alternatives, within the FMCG industry. It was incorporated on 15 November 1991 (35+ years old) and is registered under CIN L46300WB1991PLC053562. Listed on BSE: 526723 and NSE: NTCIND.
NTC Industries reported revenue of ₹112.64 Cr for FY 2025-26 (up 87.5% YoY) based on consolidated financials.
NTC Industries has 6 current directors:
- Avijit Maity - Managing Director
- Tapan Kumar Chakraborty - Whole-Time Director
- Samprati Kamdar - Director
- Sharad Kumar Bachhawat - Director
- Moumita Ghosh - Director
- Niraj Sinha - Director
The latest financial statements of NTC Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of NTC Industries is 19AABCR4307D1ZP, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of NTC Industries is L46300WB1991PLC053562. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. NTC Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 526723) and NSE (symbol: NTCIND).
NTC Industries has 86 court cases on record: 42 filed by the company and 44 filed against it. 18 are pending. Most are in the high courts.
NTC Industries was incorporated on 15 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Kolkata.
NTC Industries has 58 deals on record (57 market trades, 1 funding round); the latest was in June 2026.
The peers of NTC Industries by revenue are Gopal Aromatic Private Limited, Nutan Tobacco Private Limited, Kajah Enterprises Private Limited, International Tobacco Company Limited, Tirumula Industries Private Limited and 1 more, all in the FMCG industry (Tobacco Products), with the same principal business activity (food, beverages and tobacco products).
Moumita Ghosh ceased to be Additional Director on 12 Mar 2025. Samprati Kamdar ceased to be Additional Director on 12 Mar 2025. Prem Chand Khator ceased to be CFO on 15 Feb 2025. NTC Industries has 35 board changes on record in total.

