NCC Blue Water Products Ltd
Incorporated in 1992, NCC Bluewater
Products Ltd is in the aqua culture
business[1]
- Market Cap ₹ 18.9 Cr.
- Current Price ₹ 24.4
- High / Low ₹ 29.5 / 13.1
- Stock P/E
- Book Value ₹ 15.9
- Dividend Yield 0.00 %
- ROCE 2.50 %
- ROE 2.00 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 35.9%
- Company has a low return on equity of 3.81% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Fast Moving Consumer Goods Fast Moving Consumer Goods Food Products Seafood
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.23 | 0.19 | 0.15 | 0.22 | 1.02 | 0.17 | 0.24 | 0.16 | 0.17 | 0.18 | 0.18 | 0.27 | 0.20 | |
| Operating Profit | -0.23 | -0.19 | -0.15 | -0.22 | -1.02 | -0.17 | -0.24 | -0.16 | -0.17 | -0.18 | -0.18 | -0.27 | -0.20 |
| OPM % | |||||||||||||
| 0.16 | 0.25 | 0.58 | 35.87 | 0.58 | 3.83 | 1.30 | 0.71 | 0.61 | 0.63 | 0.77 | 4.87 | 5.38 | |
| Interest | 0.00 | 0.00 | 0.00 | 27.79 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.35 | 0.06 | 0.05 | 0.04 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | -0.42 | 0.00 | 0.38 | 7.82 | -0.48 | 3.65 | 1.06 | 0.55 | 0.44 | 0.45 | 0.59 | 4.60 | 5.18 |
| Tax % | -23.81% | 0.00% | 12.15% | -25.00% | -3.56% | 23.58% | 27.27% | 27.27% | 26.67% | 25.42% | 23.91% | ||
| -0.32 | 0.07 | 0.38 | 6.88 | -0.37 | 3.77 | 0.81 | 0.41 | 0.32 | 0.34 | 0.44 | 3.50 | 3.98 | |
| EPS in Rs | -0.41 | 0.09 | 0.49 | 8.88 | -0.48 | 4.86 | 1.05 | 0.53 | 0.41 | 0.44 | 0.57 | 4.52 | 5.14 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | -24% |
| 3 Years: | -15% |
| TTM: | -133% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 60% |
| 1 Year: | 66% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 4% |
| Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7.75 | 7.75 | 7.75 | 7.75 | 7.75 | 7.75 | 7.75 | 7.75 | 7.75 | 7.75 | 7.75 | 7.75 | 7.75 |
| Reserves | -12.35 | -12.47 | -12.09 | -5.21 | -5.58 | -1.80 | -0.99 | -0.59 | -0.27 | 0.07 | 0.51 | 4.00 | 4.58 |
| 6.84 | 6.97 | 7.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.40 | 0.70 | 0.65 | 0.69 | 0.48 | 0.77 | 0.90 | 0.07 | 0.07 | 0.10 | 0.11 | 0.19 | 0.12 | |
| Total Liabilities | 2.64 | 2.95 | 3.33 | 3.23 | 2.65 | 6.72 | 7.66 | 7.23 | 7.55 | 7.92 | 8.37 | 11.94 | 12.45 |
| 2.43 | 2.18 | 2.14 | 1.42 | 1.09 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.09 | 0.08 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.21 | 0.77 | 1.19 | 1.81 | 1.56 | 6.33 | 7.27 | 6.84 | 7.16 | 7.53 | 7.98 | 11.85 | 12.37 | |
| Total Assets | 2.64 | 2.95 | 3.33 | 3.23 | 2.65 | 6.72 | 7.66 | 7.23 | 7.55 | 7.92 | 8.37 | 11.94 | 12.45 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.08 | 0.37 | 0.31 | -0.67 | -0.12 | -0.01 | 0.81 | 0.41 | 0.43 | 0.40 | 0.47 | 1.04 | |
| 0.00 | 0.00 | 0.00 | 35.93 | 0.00 | 3.65 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.09 | 0.14 | 0.06 | -34.80 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Cash Flow | 0.01 | 0.51 | 0.37 | 0.46 | -0.12 | 3.64 | 0.81 | 0.41 | 0.43 | 0.40 | 0.47 | 1.04 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | ||||||||||||
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | ||||||||||||
| Working Capital Days | ||||||||||||
| ROCE % | -17.87% | 0.00% | 15.42% | 14.18% | -19.53% | 17.49% | 16.68% | 7.90% | 6.01% | 5.88% | 7.34% | 2.50% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Nov
- Un-Audited Financial Results 30-09-25 12 Nov
-
Board Meeting Outcome for Un-Audited Financial Results
12 Nov - Un-audited results for Q2 and H1 ended 30-09-2025 approved on 12-11-2025; limited review attached.
-
Paper Publication For Re-Lodgement Of Physical Shares
11 Nov - Special window Jul 7, 2025–Jan 6, 2026 for re-lodgement of physical share transfers lodged before Apr 1, 2019.
-
Report On Re-Lodgement Of Transfer Requests Of Physical Shares
10 Nov - RTA report: re-lodgement of physical share transfer requests, period ended 31 Oct 2025; no approvals.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Operational Status:[1][2]
Their main business is implementation of an Integrated Aqua Culture Project. But it is reporting operational losses for many years. The company is considering restructuring its business operations.