NTC Industries Ltd Stock Price Today (NSE: NTCIND)

NTC Industries Ltd

154.00+3.75 (+2.50%)
Market Closed

Fundamental Score

...

NTC Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

NTC Industries Ltd share price today is 154.00, up +2.50% on NSE/BSE as of 17 June 2026. NTC Industries Ltd (NTCIND) is a Small-cap company in the Cigarettes & Tobacco Products sector with a market capitalisation of 243.63 (Cr). The 52-week high for NTCIND share price is 228.00 and the 52-week low is 130.55. At a P/E ratio of 13.60x, NTCIND is currently trading below its industry average P/E of 27.16x. The company has a Return on Equity (ROE) of 7.27% and a debt-to-equity ratio of 0.34.

NTC Industries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
169.00
Low
140.50
Volume
17.9K
Change
-3.31%

NTC Industries Ltd share price chart: -3.31% return over the past month. 52-week high ₹228.00, 52-week low ₹130.55.

NTC Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
161.50161.50155.10158.80728.00 (Cr)
160.00160.00155.15157.55534.00 (Cr)
157.05159.40153.15155.405.27K (Cr)
158.00158.20152.10157.807.67K (Cr)
157.95157.95154.00156.151.15K (Cr)
152.00158.00150.00154.205.00K (Cr)
158.25159.00151.60154.50748.00 (Cr)
159.90159.90154.30155.15774.00 (Cr)
156.00159.70155.20156.25145.00 (Cr)
156.80158.00156.00156.40972.00 (Cr)

NTC Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
160.00161.50155.10158.80-0.75%
160.00167.40150.00155.40-2.87%
138.10177.00138.10162.05+17.34%
173.50173.50130.55146.85-15.36%
182.75193.95160.00166.75-8.76%
162.90217.70153.00188.60+15.78%
167.80172.80150.00162.65-3.07%
184.60193.00163.00165.50-10.35%
181.35192.95167.55180.60-0.41%
214.00215.40180.25183.65-14.18%
171.30228.00159.95205.75+20.11%
200.00200.00166.80171.40-14.30%

AI Research Briefing

Powered by Gemini · 2026-04-17

NTC Industries is a micro-cap cigarette maker facing brutal tax headwinds; earnings beat is a mirage.

Research Confidence
5.0/10Moderate
MICRO-CAP DARK HORSEBreakdown. 1M: -7.09%, 3M: -15.95%, 6M: -15.47%.Cheap, P/E of 13.6x vs industry P/E of 27.16x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

NTC Industries' stock has been volatile. On March 30, 2026, it hit a 52-week low of However, as of April 16, 2026, the stock was , a 2.56% increase compared to its previous closing price.

CORE STORY (THE REAL GAME)

NTC Industries is a play on the Indian tobacco market, specifically low-end cigarettes and tobacco products. The key narrative revolves around its ability to navigate increasing taxes and maintain profitability in a sector facing regulatory headwinds.

Why Now
  • Strong Q3 results
  • Attractive valuation
  • Recent price increase
Potential Catalysts
  • Successful navigation of increased taxes
  • Acquisition target
  • Shift in consumer preference to lower-priced cigarettes
Key Risks
  • Microcap liquidity risk
  • Increasing taxes on tobacco products
  • Potential for significant volume decline
Institutional Activity

FII and DII holdings are minimal, suggesting limited institutional interest.

Macro Context

Increased taxes on cigarettes create a significant headwind for the industry.

Cash Flow Quality

Negative free cash flow of ₹-10.25 Cr over the past 5 years.

3–6 Month Outlook

NTC Industries faces a challenging future due to increased taxes and regulatory pressure. Expect continued volatility and potential downside risk.

Primary Thesis Risk

Government tax policy will crush cigarette volumes.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

7.27%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

9.28%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

20.79%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

NTC Industries Ltd Valuation Check

Excellent

Price to Earnings (P/E)

13.60x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

27.16x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

54.34%

% shares held by company founders/management

Average

FII Holding

5.94%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

123.59%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

70.30%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

23.09%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

23.53%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

31.06%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.34x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

4.27x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-10.25 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

NTC Industries Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of NTCIND across key market metrics for learning purposes.

Positive Indicators

9 factors identified

Strong Operating Margins (20.79%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 13.60 vs Industry: 27.16)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (123.59%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (70.30%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (23.09% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (23.53% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (31.06% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Balanced Promoter Holding (54.34%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

5 factors identified

Below-Average Return on Equity (7.27%)

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 (9.28%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Negative Free Cash Flow (₹-10.25 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 5.94%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

NTC Industries Ltd vs Cigarettes & Tobacco Products Peers

Peer Comparison - Cigarettes & Tobacco Products

Compare NTC Industries Ltd with 6 other companies in the same sector

7 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
61.2/100
154
₹243.63
13.6
Average
7.27%
Poor
9.28%
Poor
0.3
Excellent
31.06%
Excellent
23.09%
Excellent
0.00%
67.3/100
2311
₹44279.94
34.8
Average
19.93%
Good
26.32%
Excellent
0.0
Excellent
23.93%
Excellent
14.30%
Good
1.12%
7.8/100
31
₹14434.45
62.7
Average
1.1
Average
0.06%
34.8/100
257
₹4338.27
19.5
Average
16.46%
Good
20.85%
Excellent
0.0
Excellent
-6.96%
Poor
2.43%
Average
3.92%
32.3/100
810
₹32.18
97.5
Average
-4.27%
Poor
-4.72%
Poor
0.0
Excellent
3.26%
Average
-2.90%
Poor
0.00%
32.8/100
24
₹20.96
16.5
Average
4.36%
Poor
5.98%
Poor
0.0
Excellent
0.00%
50.6/100
11
₹6.41
5.2
Average
16.97%
Good
20.40%
Excellent
0.0
Excellent
26.53%
Excellent
13.30%
Good
0.00%

NTC Industries Ltd PE Ratio History

Historical price-to-earnings ratio for NTCIND — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20244.24₹233.1555x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

NTC Industries Ltd Quarterly Performance

Latest quarterly metrics for NTCIND — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

70.30%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

123.59%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

23.09%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

31.06%

Compounded annual net profit growth over 5 years

NTC Industries Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for NTCIND — calculated from daily price history

40RSI 14
Neutral — RSI 40

Momentum is balanced — neither overbought nor oversold.

SMA 50
158
▼ Price below SMA 50 — Short-term bearish
SMA 200
173
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
15K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

NTC Industries Ltd Financial Statements

Annual income statement, balance sheet and cash flow for NTC Industries Ltd (NTCIND) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for NTC Industries Ltd

About NTCIND (NTC Industries Ltd)

NTC Industries Ltd is a prominent player in the Indian cigarettes and tobacco products market, weaving a rich tapestry of offerings for consumers seeking diverse experiences. Beyon...d the realm of conventional cigarettes, NTC Industries caters to a wider audience with its foray into related products. Their "Regent" brand of matchboxes, a ubiquitous necessity, ensures practicality and convenience. Venturing into the realm of fragrances, the company presents "Agardeep" incense sticks, inviting consumers to indulge in aromatic experiences and create serene atmospheres. This multifaceted approach underlines NTC Industries' commitment to diversifying its portfolio and addressing varied consumer needs within the broader tobacco and lifestyle landscape. The company's core strength lies in its extensive portfolio of tobacco products, each carefully crafted to cater to distinct preferences. NTC Industries boasts a collection of brands that resonate with consumers across the spectrum, from the traditional "Loose Tobacco" to the globally inspired "FX AMERICAN BLEND". Other well-established brands such as "GENERAL," "GOLDMANS," and "MACPOLE" reflect a deep understanding of local tastes and preferences. Further expanding their reach, brands like "Jaipur," "Maypole," "Aadie," "VALENTINO," "PATRONCITO," "El Patron," "DOS," "DOS II," and "ROYAL KING" illustrate a strategic approach to market segmentation and targeted offerings. This diverse branding strategy allows NTC Industries to effectively compete across various price points and consumer demographics within the Indian market. In addition to manufactured products, NTC Industries is deeply involved in the cultivation and processing of raw tobacco, acting as a key link in the supply chain. The company specializes in flue-cured Virginia tobacco, also known as Virginia tobacco or bright leaf, a crucial ingredient in many cigarette blends. This vertical integration allows NTC Industries to maintain greater control over the quality and consistency of its raw materials, ensuring a reliable supply for its diverse product lines. By managing both the production and sourcing aspects of its business, NTC Industries demonstrates a comprehensive understanding of the tobacco industry and a commitment to delivering quality products from the ground up.

Company Details

Symbol:NTCIND
Industry:Cigarettes & Tobacco Products
Sector:Cigarettes & Tobacco Products

Key Leadership

Mr. Avijit Maity
Executive MD, CFO & Director
Mr. Tapan Kumar Chakraborty
Executive Whole Time Director
Mr. Mahadev Prasad Shukla
Chief Engineer

NTCIND Share Price: Frequently Asked Questions

What is the current share price of NTC Industries Ltd?

NTC Industries Ltd (NTCIND) trades at ₹154.00 on NSE and BSE. Market cap ₹243.63 (Cr). Educational data only.

What is the P/E ratio of NTC Industries Ltd?

NTC Industries Ltd has a P/E of 13.60x vs industry average 27.16x.

What is the Bull Run score for NTC Industries Ltd?

NTC Industries Ltd has a Bull Run score of 61.2/100 based on 25+ financial parameters.

Does NTC Industries Ltd pay dividends?

NTC Industries Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of NTC Industries Ltd?

NTC Industries Ltd has ROE of 7.27%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of NTC Industries Ltd?

NTC Industries Ltd has debt-to-equity of 0.34.

Is NTC Industries Ltd a good investment?

Bull Run gives NTC Industries Ltd a score of 61.2/100. This is not investment advice — consult a SEBI-registered advisor.