NTC Industries Ltd
Incorporated in 1931, NTC industries Ltd manufactures Cigarettes and Smoking Mixtures[1]
- Market Cap ₹ 243 Cr.
- Current Price ₹ 167
- High / Low ₹ 228 / 131
- Stock P/E 16.2
- Book Value ₹ 128
- Dividend Yield 0.00 %
- ROCE 8.35 %
- ROE 6.24 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 42.4% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.00% over last 3 years.
- Earnings include an other income of Rs.13.9 Cr.
- Debtor days have increased from 68.7 to 82.6 days.
- Promoter holding has decreased over last 3 years: -11.6%
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23 | 22 | 9 | 13 | 14 | 11 | 14 | 22 | 23 | 40 | 33 | 46 | 91 | |
| 20 | 22 | 11 | 15 | 16 | 15 | 17 | 17 | 22 | 40 | 35 | 45 | 83 | |
| Operating Profit | 3 | 0 | -3 | -2 | -2 | -4 | -3 | 5 | 1 | 1 | -3 | 2 | 7 |
| OPM % | 13% | 2% | -34% | -17% | -12% | -37% | -20% | 23% | 5% | 2% | -8% | 4% | 8% |
| 1 | 2 | 3 | 4 | 3 | 9 | 7 | 4 | 5 | 3 | 8 | 10 | 14 | |
| Interest | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 1 | -1 | 1 | 0 | 4 | 4 | 9 | 5 | 2 | 5 | 10 | 20 |
| Tax % | 32% | -26% | -12% | 62% | -9% | 21% | 22% | 26% | 19% | 33% | 0% | 25% | |
| 1 | 1 | -0 | 0 | 0 | 4 | 3 | 6 | 4 | 2 | 5 | 8 | 15 | |
| EPS in Rs | 1.16 | 1.14 | -0.46 | 0.21 | 0.12 | 3.30 | 2.59 | 5.27 | 3.72 | 1.38 | 3.84 | 5.41 | 10.33 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 27% |
| 3 Years: | 26% |
| TTM: | 150% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 42% |
| 3 Years: | 21% |
| TTM: | 264% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 22% |
| 3 Years: | 30% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 7% |
| 3 Years: | 5% |
| Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 15 | 15 |
| Reserves | 20 | 21 | 21 | 24 | 25 | 28 | 29 | 40 | 47 | 49 | 62 | 164 | 171 |
| 8 | 7 | 5 | 4 | 5 | 4 | 5 | 4 | 6 | 7 | 2 | 3 | 3 | |
| 16 | 11 | 11 | 12 | 10 | 8 | 11 | 20 | 11 | 12 | 15 | 33 | 39 | |
| Total Liabilities | 54 | 50 | 47 | 51 | 50 | 50 | 55 | 76 | 75 | 80 | 91 | 215 | 228 |
| 22 | 7 | 7 | 7 | 6 | 5 | 5 | 5 | 7 | 8 | 8 | 8 | 8 | |
| CWIP | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 5 | 5 | 4 | 2 | 2 | 4 | 5 | 16 | 108 | 110 |
| 23 | 42 | 40 | 40 | 39 | 42 | 48 | 67 | 64 | 67 | 67 | 99 | 110 | |
| Total Assets | 54 | 50 | 47 | 51 | 50 | 50 | 55 | 76 | 75 | 80 | 91 | 215 | 228 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9 | -1 | -2 | -3 | -10 | -5 | -1 | -2 | 1 | -1 | -22 | ||
| -5 | 3 | 3 | 4 | 10 | 6 | 1 | -4 | 1 | 1 | -17 | ||
| -4 | -2 | -1 | 0 | -0 | -0 | 6 | 1 | -0 | -0 | 38 | ||
| Net Cash Flow | -0 | -1 | 0 | 1 | -1 | 0 | 6 | -5 | 1 | -0 | -1 | |
| Free Cash Flow | 3 | -2 | -2 | -4 | -5 | -5 | -4 | -2 | -1 | -2 | -22 | |
| CFO/OP | 307% | 46% | 97% | 224% | 241% | 165% | -12% | -124% | 124% | 23% | -1,152% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 84 | 26 | 37 | 36 | 77 | 63 | 69 | 99 | 73 | 42 | 82 | 83 |
| Inventory Days | 167 | 129 | 509 | 184 | 121 | 131 | 222 | 374 | 144 | 93 | 125 | 104 |
| Days Payable | 100 | 70 | 210 | 156 | 85 | 36 | 173 | 310 | 29 | 18 | 66 | 87 |
| Cash Conversion Cycle | 150 | 85 | 336 | 64 | 113 | 157 | 118 | 163 | 188 | 117 | 141 | 99 |
| Working Capital Days | -61 | 346 | 957 | 625 | 675 | 1,039 | 850 | 605 | 755 | 423 | 552 | 564 |
| ROCE % | 7% | 2% | -0% | 3% | 6% | 0% | 5% | 18% | 9% | 4% | 5% | 8% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Domestic Sales (Cigarettes/Smoking mixture) ₹ Lakhs |
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| Export Sales (Cigarettes/Smoking mixture) ₹ Lakhs |
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| Total Permanent Employees Numbers |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Apr - Newspaper Publication: Corrigendum to the notice of the EGM and E-Voting
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Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Apr - Newspaper Publication- notice of EGM and e-voting
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Compliance Certificate pursuant to Regulation 74(5) of the SEBI (DP) Regulation 2018
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
8 Apr - Company confirms it is not a Large Corporate under SEBI debt-fundraising circular as of 31 March 2026.
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Format Of The Initial Disclosure To Be Made By An Entity Identified As A Large Corporate Under Regulation 30 : Annexure A
8 Apr - NTC Industries confirms it is not a large corporate as of 31 March 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
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Financial Year 2016
from bse
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Financial Year 2015
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1]
Company is a part of RDB Industries. It does processing of tobacco blends and manufactures packed cigarettes, other tobacco products, etc. which it trades in domestic market and exports to Brussels, Rotterdam, Amsterdam, Paris and Luxemburg. Also, company has a license to manufacture FMCG products