NCL Industries Ltd Stock Price Today (NSE: NCLIND)
Fundamental Score
NCL Industries Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis
NCL Industries Ltd share price today is ₹186.99, up +0.00% on NSE/BSE as of 19 February 2026. NCL Industries Ltd (NCLIND) is a Small-cap company in the Cement & Cement Products sector with a market capitalisation of ₹906.79 (Cr). The 52-week high for NCLIND share price is ₹N/A and the 52-week low is ₹N/A. At a P/E ratio of 16.08x, NCLIND is currently trading below its industry average P/E of 33.70x. The company has a Return on Equity (ROE) of 3.41% and a debt-to-equity ratio of 0.29.
NCL Industries Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
NCL Industries Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
NCL Share Price Analysis: A Conservative Value Investor's Perspective
The cement and cement products industry is currently navigating a complex landscape, facing fluctuating input costs and infrastructure project demand. Our analysis focuses on the safety of capital, and this report examines NCL Industries Ltd (NSE: NCL) through that lens. The current NCL share price is ₹187.720001, with a reported Price-to-Earnings (PE) ratio of 16.08 and a Return on Capital Employed (ROCE) of 6.71%. This analysis is part of an 80-parameter fundamental audit verified by Sweta Mishra, focusing on key value investing principles.
A crucial element of value investing is comparing a company to its peers. Looking at sector peers like
Prism Johnson Ltd, the differences in management quality become apparent. While both companies operate in similar spaces, the consistency and strategic capital allocation of Prism Johnson Ltd may represent a stronger advantage over time. The management's ability to efficiently deploy capital influences long-term growth and value creation.The ROCE of 6.71% is a critical area of focus. ROCE reflects how effectively a company is using its capital to generate profits. A low ROCE suggests a narrow economic moat, meaning the company might find it difficult to defend its market share and pricing power against competitors. A higher ROCE, on the other hand, generally indicates a stronger competitive advantage, allowing the company to sustain profitability. A higher and sustained ROCE indicates pricing power.
The relatively low ROCE of NCL raises concerns about its ability to generate consistent returns in the long run. When compared to Ultratech Cement Ltd and Udaipur Cement, it becomes more important to understand the underlying reasons behind the ROCE performance of NCL. A thorough examination of the company's balance sheet and cash flow statements is necessary to ascertain the sustainability of earnings and the efficient use of capital. Any analysis needs to consider the capital allocation decisions made by management and its impact on future growth prospects.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
NCL Industries Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of NCLIND across key market metrics for learning purposes.
Positive Indicators
6 factors identified
Attractive Valuation (P/E: 16.08 vs Industry: 33.70)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Robust Profit Growth (213.67%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Consistent Growth Track Record (13.91% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Conservative Debt Levels (D/E: 0.29)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (5.25x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹274.19 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Risk Factors
5 factors identified
Below-Average Return on Equity (3.41%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (6.71%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Weak Earnings Growth (-10.30% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (-10.30% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Limited Institutional Interest (FII+DII: 4.54%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
NCL Industries Ltd Financial Statements
Comprehensive financial data for NCL Industries Ltd including income statement, balance sheet and cash flow
About NCLIND (NCL Industries Ltd)
NCL Industries Ltd (NCLIND) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Cement & Cement Products sector with a current market capitalisation of ₹906.79 (Cr). NCL Industries Ltd has delivered a Return on Equity (ROE) of 3.41% and a ROCE of 6.71%. The debt-to-equity ratio stands at 0.29, reflecting the company's capital structure. Investors tracking NCLIND share price can monitor key metrics including P/E ratio, promoter holding of 40.92%, and quarterly earnings growth.
Company Details
Key Leadership
Corporate Events
NCLIND Share Price: Frequently Asked Questions
What is the current share price of NCL Industries Ltd (NCLIND)?
As of 19 Feb 2026, 10:15 am IST, NCL Industries Ltd share price is ₹186.99. The NCLIND stock has a market capitalisation of ₹906.79 (Cr) on NSE/BSE.
Is NCLIND share price Overvalued or Undervalued?
NCLIND share price is currently trading at a P/E ratio of 16.08x, compared to the industry average of 33.70x. Based on this relative valuation, the NCL Industries Ltd stock appears to be Undervalued against its sector peers.
What is the 52-week high and low of NCLIND share price?
The 52-week high of NCLIND share price is ₹N/A and the 52-week low is ₹N/A.
What factors affect the NCL Industries Ltd share price?
Key factors influencing NCLIND share price include quarterly earnings growth (Sales Growth: 4.44%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is NCL Industries Ltd a good stock for long-term investment?
NCL Industries Ltd shows a 5-year Profit Growth of -10.30% and an ROE of 3.41%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.29 before investing in NCLIND shares.
How does NCL Industries Ltd compare with its industry peers?
NCL Industries Ltd competes with major peers in the Cement & Cement Products. Investors should compare NCLIND share price P/E of 16.08x and ROE of 3.41% against the industry averages to determine competitive standing.
What is the P/E ratio of NCLIND and what does it mean?
NCLIND share price has a P/E ratio of 16.08x compared to the industry average of 33.70x. Investors pay ₹16 for every ₹1 of annual earnings.
How is NCLIND performing according to Bull Run's analysis?
NCLIND has a Bull Run fundamental score of 30.7/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does NCLIND belong to?
NCLIND operates in the Cement & Cement Products industry. This classification helps understand the competitive landscape and sector-specific trends affecting NCL Industries Ltd share price.
What is Return on Equity (ROE) and why is it important for NCLIND?
NCLIND has an ROE of 3.41%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently NCL Industries Ltd generates profits from shareholders capital.
How is NCLIND debt-to-equity ratio and what does it indicate?
NCLIND has a debt-to-equity ratio of 0.29, which indicates conservative financing with low financial risk.
What is NCLIND dividend yield and is it a good dividend stock?
NCLIND offers a dividend yield of 1.50%, meaning you receive ₹1.50 annual dividend for every ₹100 invested in NCL Industries Ltd shares.
How has NCLIND share price grown over the past 5 years?
NCLIND has achieved 5-year growth rates of: Sales Growth 13.91%, Profit Growth -10.30%, and EPS Growth -10.30%.
What is the promoter holding in NCLIND and why does it matter?
Promoters hold 40.92% of NCLIND shares, with 14.76% pledged. High promoter holding often indicates strong management confidence in NCL Industries Ltd.
What is NCLIND market capitalisation category?
NCLIND has a market capitalisation of ₹907 crores, placing it in the Small-cap category.
How volatile is NCLIND stock?
NCLIND has a beta of N/A. A beta > 1 suggests the NCL Industries Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is NCLIND operating profit margin trend?
NCLIND has a 5-year average Operating Profit Margin (OPM) of 9.89%, indicating the company's operational efficiency.
How is NCLIND quarterly performance?
Recent quarterly performance shows NCL Industries Ltd YoY Sales Growth of 4.44% and YoY Profit Growth of 213.67%.
What is the institutional holding pattern in NCLIND?
NCLIND has FII holding of 4.45% and DII holding of 0.09%. Significant institutional holding often suggests professional confidence in the NCL Industries Ltd stock.