Ncl Industries Ltd
NSE:NCLIND

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Ncl Industries Ltd
NSE:NCLIND
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Price: 208 INR 0.24%
Market Cap: 9.4B INR
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-10%
5Y
+32%
10Y
+105%
Operating Income
+
3Y
-4%
5Y
-45%
10Y
-19%
Net Income
+
3Y
+10%
5Y
-43%
10Y
-19%

Earnings Waterfall
Ncl Industries Ltd

Revenue
14.1B INR
Cost of Revenue
-8.5B INR
Gross Profit
5.5B INR
Operating Expenses
-4.7B INR
Operating Income
836.3m INR
Other Expenses
-335.4m INR
Net Income
500.8m INR

Income Statement
Ncl Industries Ltd

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Income Statement
Currency: INR
Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 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 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
225
0
0
0
300
0
0
0
0
0
0
0
310
0
0
0
348
0
0
0
307
0
0
0
205
0
0
0
242
0
0
0
261
0
0
0
227
0
0
0
0
0
0
Revenue
3 040
N/A
2 882
-5%
2 800
-3%
2 462
-12%
2 327
-5%
2 420
+4%
2 386
-1%
2 881
+21%
3 620
+26%
4 178
+15%
4 638
+11%
4 850
+5%
5 001
+3%
4 951
-1%
4 819
-3%
4 609
-4%
4 211
-9%
3 847
-9%
3 820
-1%
3 981
+4%
4 083
+3%
4 232
+4%
4 554
+8%
4 783
+5%
5 339
+12%
6 186
+16%
6 862
+11%
7 111
+4%
6 608
-7%
7 707
+17%
7 898
+2%
8 691
+10%
8 811
+1%
9 153
+4%
8 913
-3%
8 731
-2%
9 096
+4%
9 229
+1%
9 633
+4%
9 818
+2%
9 799
0%
10 268
+5%
9 921
-3%
9 615
-3%
9 379
-2%
9 124
-3%
10 665
+17%
12 254
+15%
13 837
+13%
15 258
+10%
15 931
+4%
15 932
+0%
16 334
+3%
16 211
-1%
15 706
-3%
16 202
+3%
16 097
-1%
16 595
+3%
17 254
+4%
18 113
+5%
16 434
-9%
17 870
+9%
16 865
-6%
15 229
-10%
14 108
-7%
13 931
-1%
14 078
+1%
Gross Profit
Cost of Revenue
(1 776)
(1 992)
(1 859)
(1 658)
(1 703)
(1 985)
(2 287)
(2 789)
(1 807)
(3 000)
(3 173)
(3 391)
(2 565)
(4 044)
(4 057)
(3 912)
(2 554)
(3 469)
(3 544)
(3 739)
(3 664)
(3 891)
(4 093)
(4 193)
(4 380)
(4 086)
(4 513)
(4 761)
(4 967)
(6 194)
(6 199)
(6 504)
(6 335)
(6 501)
(6 246)
(6 143)
(4 926)
(5 134)
(5 401)
(5 638)
(5 399)
(5 403)
(5 001)
(4 462)
(4 584)
(5 195)
(5 835)
(6 499)
(6 110)
(7 759)
(8 149)
(8 528)
(7 875)
(9 411)
(9 862)
(10 232)
(8 843)
(7 857)
(7 687)
(7 648)
(9 284)
(7 708)
(7 480)
(7 102)
(8 376)
(8 788)
(8 535)
Gross Profit
1 264
N/A
890
-30%
942
+6%
804
-15%
624
-22%
435
-30%
98
-77%
92
-6%
1 813
+1 869%
1 178
-35%
1 465
+24%
1 459
0%
2 435
+67%
907
-63%
762
-16%
698
-8%
1 657
+137%
379
-77%
275
-27%
242
-12%
419
+73%
341
-19%
461
+35%
590
+28%
959
+63%
2 100
+119%
2 348
+12%
2 349
+0%
1 641
-30%
1 513
-8%
1 700
+12%
2 188
+29%
2 477
+13%
2 651
+7%
2 667
+1%
2 588
-3%
4 169
+61%
4 095
-2%
4 232
+3%
4 180
-1%
4 399
+5%
4 865
+11%
4 920
+1%
5 153
+5%
4 795
-7%
3 930
-18%
4 831
+23%
5 755
+19%
7 727
+34%
7 499
-3%
7 783
+4%
7 404
-5%
8 459
+14%
6 800
-20%
5 844
-14%
5 969
+2%
7 254
+22%
8 738
+20%
9 567
+9%
10 465
+9%
7 150
-32%
10 162
+42%
9 386
-8%
8 127
-13%
5 733
-29%
5 143
-10%
5 543
+8%
Operating Income
Operating Expenses
(664)
(315)
(319)
(305)
(159)
9
161
335
(1 167)
(267)
(317)
(276)
(1 432)
(139)
(151)
(269)
(1 416)
(288)
(264)
(275)
(451)
(452)
(483)
(497)
(513)
(1 210)
(1 316)
(1 300)
(683)
(706)
(958)
(1 336)
(1 585)
(1 632)
(1 620)
(1 633)
(3 186)
(3 261)
(3 477)
(3 472)
(3 506)
(3 585)
(3 642)
(3 867)
(3 822)
(2 958)
(3 307)
(3 769)
(5 352)
(5 111)
(5 595)
(5 584)
(6 862)
(5 545)
(4 975)
(4 942)
(6 200)
(7 473)
(8 161)
(9 026)
(5 643)
(8 917)
(8 210)
(7 434)
(5 119)
(4 578)
(4 707)
Selling, General & Administrative
(536)
(340)
(351)
(343)
(507)
(448)
(502)
(638)
(855)
(973)
(1 073)
(1 105)
(1 114)
(1 132)
(1 116)
(1 127)
(1 090)
(856)
(845)
(859)
(1 067)
(1 107)
(1 206)
(1 296)
(1 405)
(1 393)
(1 547)
(1 606)
(1 888)
(2 036)
(1 970)
(1 984)
(1 574)
(1 539)
(1 538)
(1 555)
(2 826)
(2 966)
(3 108)
(3 211)
(3 036)
(2 920)
(2 822)
(2 774)
(3 389)
(2 047)
(2 357)
(2 641)
(4 867)
(3 329)
(3 492)
(3 504)
(6 371)
(3 482)
(3 385)
(3 532)
(5 753)
(5 421)
(5 521)
(5 604)
(5 058)
(4 036)
(4 006)
(3 908)
(4 614)
(3 898)
(3 912)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
0
0
0
(0)
0
0
0
(0)
0
0
Depreciation & Amortization
(136)
(148)
(163)
(184)
(209)
(233)
(262)
(285)
(311)
(319)
(319)
(320)
(318)
(319)
(323)
(326)
(326)
(326)
(317)
(313)
(307)
(302)
(304)
(301)
(256)
(243)
(230)
(215)
(252)
(252)
(255)
(257)
(251)
(265)
(280)
(312)
(347)
(384)
(419)
(439)
(453)
(445)
(441)
(435)
(421)
(416)
(410)
(404)
(442)
(461)
(473)
(487)
(467)
(458)
(465)
(476)
(492)
(514)
(528)
(532)
(561)
(556)
(570)
(577)
(566)
(573)
(558)
Other Operating Expenses
8
173
195
222
557
690
925
1 257
0
1 025
1 076
1 150
0
1 312
1 287
1 183
0
893
897
896
924
957
1 028
1 099
1 147
426
460
521
1 457
1 583
1 267
905
240
173
198
234
(12)
90
50
178
(16)
(220)
(380)
(657)
(12)
(495)
(539)
(724)
(43)
(1 321)
(1 630)
(1 593)
(24)
(1 605)
(1 125)
(934)
45
(1 538)
(2 112)
(2 891)
(25)
(4 325)
(3 633)
(2 949)
61
(108)
(237)
Operating Income
600
N/A
575
-4%
622
+8%
499
-20%
465
-7%
444
-5%
260
-42%
427
+64%
646
+51%
911
+41%
1 148
+26%
1 183
+3%
1 004
-15%
768
-24%
611
-20%
429
-30%
241
-44%
91
-62%
11
-88%
(33)
N/A
(32)
+4%
(111)
-248%
(22)
+81%
92
N/A
446
+384%
890
+100%
1 032
+16%
1 049
+2%
958
-9%
808
-16%
742
-8%
852
+15%
891
+5%
1 020
+14%
1 047
+3%
955
-9%
983
+3%
834
-15%
755
-9%
708
-6%
894
+26%
1 280
+43%
1 277
0%
1 287
+1%
973
-24%
972
0%
1 524
+57%
1 986
+30%
2 374
+20%
2 388
+1%
2 187
-8%
1 820
-17%
1 597
-12%
1 255
-21%
869
-31%
1 027
+18%
1 054
+3%
1 265
+20%
1 407
+11%
1 438
+2%
1 507
+5%
1 246
-17%
1 176
-6%
693
-41%
613
-11%
564
-8%
836
+48%
Pre-Tax Income
Interest Income Expense
(180)
(186)
(221)
(251)
(247)
(304)
(317)
(347)
(402)
(409)
(413)
(408)
(408)
(407)
(401)
(389)
(351)
(349)
(366)
(379)
(400)
(394)
(375)
(356)
(215)
(368)
(347)
(349)
(288)
(293)
(304)
(293)
(311)
(313)
(315)
(325)
(280)
(321)
(330)
(331)
(335)
(338)
(319)
(313)
(300)
(299)
(275)
(239)
(181)
(199)
(207)
(226)
(229)
(250)
(255)
(258)
(192)
(248)
(254)
(247)
(216)
(238)
(220)
(214)
(159)
(207)
(200)
Non-Reccuring Items
0
(5)
(6)
(2)
0
(0)
4
1
0
4
(6)
(7)
0
8
16
16
0
1
1
1
47
47
47
47
0
(0)
0
0
(15)
(15)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
(101)
0
(101)
0
(98)
Gain/Loss on Disposition of Assets
(1)
0
0
0
0
0
0
0
5
0
0
0
0
0
0
0
7
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
21
0
0
0
10
0
0
0
5
0
0
0
8
0
0
0
16
0
0
0
5
0
0
0
30
0
0
0
34
0
0
Total Other Income
14
18
23
20
16
28
31
38
37
42
39
36
40
46
51
52
13
23
12
2
8
7
7
9
(107)
52
60
55
13
23
27
42
36
43
35
30
20
70
79
88
41
66
55
26
14
15
28
57
44
88
102
111
76
133
160
163
46
199
182
190
146
179
175
191
40
220
261
Pre-Tax Income
434
N/A
403
-7%
418
+4%
266
-36%
234
-12%
168
-28%
(22)
N/A
118
N/A
286
+143%
548
+92%
767
+40%
805
+5%
636
-21%
414
-35%
277
-33%
108
-61%
(90)
N/A
(235)
-161%
(343)
-46%
(410)
-20%
(377)
+8%
(451)
-20%
(342)
+24%
(208)
+39%
123
N/A
574
+367%
745
+30%
756
+1%
669
-12%
522
-22%
465
-11%
601
+29%
616
+3%
750
+22%
767
+2%
660
-14%
744
+13%
583
-22%
503
-14%
465
-8%
610
+31%
1 008
+65%
1 013
+1%
999
-1%
692
-31%
687
-1%
1 277
+86%
1 804
+41%
2 245
+24%
2 276
+1%
2 082
-9%
1 706
-18%
1 460
-14%
1 138
-22%
774
-32%
932
+20%
912
-2%
1 216
+33%
1 335
+10%
1 381
+3%
1 467
+6%
1 187
-19%
1 029
-13%
669
-35%
428
-36%
577
+35%
800
+39%
Net Income
Tax Provision
(135)
(123)
(147)
(91)
(117)
(114)
(103)
(82)
(52)
(119)
(154)
(176)
(194)
(125)
(86)
(48)
(25)
(20)
(23)
(32)
(31)
(26)
(17)
(15)
(34)
(91)
(130)
(148)
(138)
(101)
(76)
(85)
(69)
(133)
(172)
(117)
(253)
(193)
(133)
(167)
(142)
(312)
(306)
(303)
(183)
(150)
(397)
(563)
(791)
(807)
(734)
(628)
(517)
(404)
(318)
(420)
(469)
(590)
(602)
(603)
(534)
(435)
(389)
(247)
(176)
(250)
(299)
Income from Continuing Operations
299
280
271
175
117
54
(125)
36
234
429
613
629
443
289
191
60
(115)
(255)
(366)
(442)
(408)
(477)
(359)
(223)
89
483
615
608
531
421
389
516
547
617
594
543
491
390
370
298
468
696
707
696
508
538
879
1 241
1 454
1 470
1 348
1 077
944
734
457
513
443
626
733
778
932
751
640
423
252
327
501
Net Income (Common)
299
N/A
280
-6%
271
-3%
175
-36%
117
-33%
54
-54%
(125)
N/A
36
N/A
234
+552%
429
+83%
613
+43%
629
+3%
443
-30%
289
-35%
191
-34%
60
-69%
(115)
N/A
(255)
-121%
(366)
-44%
(442)
-21%
(408)
+8%
(477)
-17%
(359)
+25%
(223)
+38%
89
N/A
483
+443%
615
+27%
608
-1%
531
-13%
421
-21%
389
-7%
516
+33%
547
+6%
617
+13%
594
-4%
543
-9%
491
-10%
390
-21%
370
-5%
298
-19%
468
+57%
696
+49%
707
+2%
696
-2%
508
-27%
538
+6%
879
+63%
1 241
+41%
1 454
+17%
1 470
+1%
1 348
-8%
1 078
-20%
944
-12%
734
-22%
457
-38%
513
+12%
443
-14%
626
+41%
733
+17%
778
+6%
932
+20%
751
-19%
640
-15%
423
-34%
252
-40%
327
+30%
501
+53%
EPS (Diluted)
8.54
N/A
8
-6%
7.68
-4%
5
-35%
3.35
-33%
1.56
-53%
-3.59
N/A
1.02
N/A
6.7
+557%
12.3
+84%
17.57
+43%
18.02
+3%
12.67
-30%
8.27
-35%
5.47
-34%
1.7
-69%
-3.3
N/A
-7.29
-121%
-10.48
-44%
-12.66
-21%
-11.65
+8%
-13.66
-17%
-10.28
+25%
-6.38
+38%
2.54
N/A
13.16
+418%
16.76
+27%
16.56
-1%
14.35
-13%
11.45
-20%
10.63
-7%
14.06
+32%
14.78
+5%
16.84
+14%
16.06
-5%
14.14
-12%
10.91
-23%
8.63
-21%
8.18
-5%
6.59
-19%
10.4
+58%
15.38
+48%
15.61
+1%
15.37
-2%
11.28
-27%
11.89
+5%
19.41
+63%
27.44
+41%
32.31
+18%
32.5
+1%
29.82
-8%
23.78
-20%
20.97
-12%
16.24
-23%
10.12
-38%
12.81
+27%
9.79
-24%
13.83
+41%
16.17
+17%
17.21
+6%
20.61
+20%
16.67
-19%
14.26
-14%
9.36
-34%
5.57
-40%
7.23
+30%
11.07
+53%

See Also

Summary
NCLIND intrinsic value, competitors valuation, and company profile.
DCF Valuation
NCLIND stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NCLIND stock valuation using valuation multiples.
Wall Street Estimates
NCLIND price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NCLIND stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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