NCL Industries Ltd

NCL Industries Ltd

₹ 239 -0.20%
24 Jun - close price
About

NCL Industries Ltd is principally engaged in the business of manufacturing and selling of Cement, Ready Mix Concrete, Cement Bonded Particle Boards, Doors, and operates two Small Hydro Power projects.[1]

Key Points

Product Portfolio
NCL Industries is in manufacturing of cement, cement particle boards, readymade concrete, generation of hydro power and manufacturing of doors. It sells its cement under “Nagarjuna Cement”, doors under the “NCLDoor" brand. It is the only manufacturer of Cement Bonded Particle Boards (CBPB) in the country, marketed under the brand name Bison Panel. [1] [2]

  • Market Cap 1,079 Cr.
  • Current Price 239
  • High / Low 259 / 180
  • Stock P/E 11.5
  • Book Value 189
  • Dividend Yield 1.26 %
  • ROCE 15.9 %
  • ROE 11.6 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has been maintaining a healthy dividend payout of 20.8%

Cons

  • Promoter holding has decreased over last quarter: -0.77%
  • Company has a low return on equity of 10.4% 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

Sector: Cement Industry: Cement - South India

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
405 403 415 370 445 391 365 419 435 441 431 505 495
339 335 354 333 404 358 341 366 396 378 392 448 446
Operating Profit 66 68 62 37 41 33 24 53 39 63 39 57 49
OPM % 16% 17% 15% 10% 9% 8% 6% 13% 9% 14% 9% 11% 10%
3 1 3 2 5 3 6 3 8 5 4 3 6
Interest 4 6 6 6 6 6 7 7 6 5 7 6 5
Depreciation 10 11 11 11 11 11 12 13 13 13 13 13 16
Profit before tax 55 52 47 22 29 19 10 36 27 49 23 42 34
Tax % 41% 34% 34% 29% 40% 34% 74% 45% 60% 37% 39% 40% 28%
32 34 31 15 17 12 3 20 11 31 14 25 24
EPS in Rs 7.13 7.62 6.89 3.35 3.83 2.76 0.61 4.41 2.39 6.87 3.06 5.55 5.35
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
470 551 534 750 868 880 980 938 1,384 2,046 2,044 1,871
413 521 463 628 753 746 843 797 1,100 1,838 1,895 1,663
Operating Profit 57 29 70 122 115 134 137 140 284 208 149 208
OPM % 12% 5% 13% 16% 13% 15% 14% 15% 21% 10% 7% 11%
3 5 5 2 4 7 6 3 7 11 19 18
Interest 36 41 37 31 32 32 37 32 22 25 27 23
Depreciation 33 31 26 25 25 35 45 42 41 45 48 56
Profit before tax -9 -38 12 67 62 74 61 69 228 150 93 148
Tax % -28% -8% 28% 21% 11% 34% 23% 27% 35% 34% 51% 36%
-12 -41 9 53 55 49 47 51 149 98 46 94
EPS in Rs -3.30 -11.68 2.55 14.45 14.88 10.86 10.36 11.24 32.87 21.70 10.17 20.83
Dividend Payout % -30% -9% 0% 14% 17% 23% 24% 1% 12% 14% 30% 19%
Compounded Sales Growth
10 Years: 13%
5 Years: 14%
3 Years: 11%
TTM: -8%
Compounded Profit Growth
10 Years: 16%
5 Years: 15%
3 Years: -14%
TTM: 107%
Stock Price CAGR
10 Years: 22%
5 Years: 12%
3 Years: 1%
1 Year: 18%
Return on Equity
10 Years: 14%
5 Years: 13%
3 Years: 10%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 35 35 35 37 37 45 45 45 45 45 45 45
Reserves 141 108 118 160 190 416 454 483 620 699 730 810
227 217 179 202 347 278 336 347 320 335 292 218
222 247 258 224 210 224 260 278 314 392 455 469
Total Liabilities 624 607 590 623 784 962 1,095 1,153 1,299 1,472 1,522 1,542
423 430 407 392 385 693 658 695 789 773 986 969
CWIP 39 7 2 11 152 33 90 90 61 171 28 39
Investments 0 0 0 0 0 0 0 0 30 50 35 51
162 170 181 221 246 237 346 368 419 477 473 484
Total Assets 624 607 590 623 784 962 1,095 1,153 1,299 1,472 1,522 1,542

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
56 -2 56 130 18 156 71 106 237 106 211 183
-24 -5 4 -18 -161 -223 -69 -78 -136 -139 -103 -64
-33 7 -57 -97 133 70 4 -31 -52 -25 -83 -110
Net Cash Flow -1 -0 3 15 -9 4 6 -4 49 -58 25 9

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 32 29 30 26 20 32 56 56 27 30 28 28
Inventory Days 272 261 242 256 199 240 214 327 173 186 240 128
Days Payable 204 226 191 99 126 146 184 197 121 103 144 67
Cash Conversion Cycle 100 64 82 183 93 127 87 186 80 114 124 89
Working Capital Days -12 -11 -25 -31 14 1 25 32 -2 39 25 26
ROCE % 6% 1% 14% 27% 19% 16% 12% 12% 27% 17% 11%

Shareholding Pattern

Numbers in percentages

22 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
43.73% 43.75% 44.00% 45.04% 45.73% 46.14% 46.48% 47.13% 47.27% 44.48% 44.48% 43.71%
1.90% 3.09% 3.10% 3.00% 2.75% 2.81% 2.33% 2.38% 3.49% 4.23% 4.88% 5.17%
1.08% 0.24% 0.05% 0.06% 0.06% 0.16% 0.16% 0.03% 0.03% 0.03% 0.03% 0.03%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
53.27% 52.91% 52.84% 51.89% 51.45% 50.86% 51.01% 50.43% 49.19% 51.25% 50.59% 51.07%
No. of Shareholders 45,80353,56459,46760,49462,07860,74259,64158,05853,82354,34952,98153,743

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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