NTC Industries Ltd
Incorporated in 1931, NTC industries Ltd manufactures Cigarettes and Smoking Mixtures[1]
- Market Cap ₹ 215 Cr.
- Current Price ₹ 148
- High / Low ₹ 228 / 122
- Stock P/E 11.0
- Book Value ₹ 145
- Dividend Yield 0.00 %
- ROCE 11.1 %
- ROE 9.31 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.03 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 19.5% CAGR over last 5 years
- Debtor days have improved from 58.0 to 35.0 days.
- Company's median sales growth is 17.2% of last 10 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.20% over last 3 years.
- Earnings include an other income of Rs.12.2 Cr.
- Promoter holding has decreased over last 3 years: -11.6%
- Working capital days have increased from 57.5 days to 219 days
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 25 | 18 | 23 | 24 | 22 | 21 | 29 | 31 | 49 | 42 | 60 | 113 | |
| 22 | 13 | 16 | 18 | 17 | 20 | 19 | 23 | 43 | 37 | 46 | 91 | |
| Operating Profit | 3 | 5 | 6 | 6 | 5 | 1 | 10 | 8 | 7 | 5 | 14 | 21 |
| OPM % | 10% | 30% | 28% | 26% | 22% | 6% | 36% | 26% | 13% | 12% | 24% | 19% |
| 2 | 3 | 4 | 3 | 10 | 7 | 4 | 6 | 5 | 4 | 8 | 12 | |
| Interest | 1 | 4 | 3 | 2 | 2 | 1 | 1 | 0 | 0 | 0 | 6 | 6 |
| Depreciation | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| Profit before tax | 2 | 3 | 5 | 5 | 11 | 6 | 12 | 12 | 9 | 7 | 14 | 26 |
| Tax % | 5% | 32% | 25% | 21% | 22% | 21% | 33% | 22% | 28% | 25% | 20% | 24% |
| 2 | 2 | 4 | 4 | 9 | 4 | 8 | 9 | 6 | 5 | 11 | 20 | |
| EPS in Rs | 2.16 | 1.59 | 3.54 | 3.41 | 7.98 | 4.08 | 6.73 | 7.54 | 5.29 | 4.24 | 7.83 | 13.47 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 31% |
| 3 Years: | 32% |
| TTM: | 87% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | 19% |
| 3 Years: | 46% |
| TTM: | 72% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 19% |
| 3 Years: | 24% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 9% |
| 3 Years: | 8% |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 15 | 15 |
| Reserves | 22 | 24 | 31 | 35 | 43 | 46 | 59 | 71 | 77 | 91 | 196 | 195 |
| 30 | 29 | 24 | 17 | 12 | 7 | 4 | 6 | 7 | 46 | 80 | 77 | |
| 19 | 16 | 16 | 18 | 17 | 20 | 28 | 16 | 18 | 20 | 38 | 33 | |
| Total Liabilities | 82 | 80 | 82 | 81 | 83 | 84 | 103 | 105 | 113 | 169 | 329 | 320 |
| 30 | 34 | 35 | 34 | 31 | 30 | 28 | 29 | 29 | 129 | 128 | 127 | |
| CWIP | 6 | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 6 | 1 | 1 | 2 |
| Investments | 1 | 1 | 5 | 4 | 4 | 2 | 2 | 4 | 5 | 16 | 108 | 87 |
| 45 | 42 | 41 | 42 | 47 | 50 | 68 | 69 | 74 | 23 | 92 | 104 | |
| Total Assets | 82 | 80 | 82 | 81 | 83 | 84 | 103 | 105 | 113 | 169 | 329 | 320 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -15 | 4 | 6 | 2 | -4 | 1 | 2 | 3 | 4 | 90 | -2 | -8 | |
| -5 | -0 | 2 | 4 | 11 | 5 | 1 | -6 | -3 | -90 | -29 | 16 | |
| 21 | -5 | -8 | -5 | -7 | -6 | 3 | -3 | -1 | -1 | 30 | -8 | |
| Net Cash Flow | 1 | -1 | 0 | 1 | -1 | 0 | 6 | -5 | 0 | 0 | -1 | 0 |
| Free Cash Flow | -21 | 1 | 5 | 2 | 1 | 1 | -1 | 2 | -2 | -7 | -2 | -10 |
| CFO/OP | -598% | 74% | 106% | 50% | -70% | 264% | 30% | 57% | 84% | 1,884% | 6% | -22% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 55 | 27 | 27 | 60 | 50 | 64 | 95 | 73 | 38 | 68 | 71 | 35 |
| Inventory Days | 129 | 509 | 184 | 121 | 131 | 222 | 374 | 144 | 93 | 125 | 104 | 51 |
| Days Payable | 70 | 223 | 168 | 92 | 43 | 209 | 353 | 56 | 25 | 66 | 88 | 43 |
| Cash Conversion Cycle | 114 | 314 | 43 | 89 | 138 | 76 | 116 | 162 | 107 | 126 | 87 | 43 |
| Working Capital Days | -100 | 65 | 242 | 306 | 464 | 443 | 380 | 547 | 357 | -380 | 333 | 219 |
| ROCE % | 5% | 11% | 13% | 14% | 13% | 8% | 18% | 14% | 10% | 8% | 9% | 11% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Export revenue (Outside India) INR lakhs ・Standalone data |
|
|||||||||
| FMCG - Cigarettes segment revenue INR lakhs ・Standalone data |
||||||||||
| FMCG - Others (trading) segment revenue INR lakhs ・Standalone data |
||||||||||
| Number of permanent employees on the rolls count ・Standalone data |
||||||||||
Extracted by Screener AI
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2d - Submitted Regulation 74(5) compliance certificate for quarter ended 30 June 2026.
-
Closure of Trading Window
3 Jun - Trading window closed from 1 July 2026 until 48 hours after Q1 FY27 results.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 29 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
27 May - Filed annual Secretarial Compliance Report for FY ended 31 March 2026.
-
Results For The Financial Year Ending 31St March 2026
26 May - NTC Industries released audited FY26 financial statements and auditor’s report on 26 May 2026.
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
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