NCL Industries Limited
Financial trend (100/100) does the heavy lifting; momentum (34/100) is the drag.
Buy zoneSolvency riskOur blended model reads NCL Industries Limited as a Sell at 40/100. We put fair value near ₹364.28; at ₹182.14 that leaves roughly 100% upside, so the stock screens undervalued by 100%. On 6.9x trailing earnings it sits cheaper than the Basic Materials median of about 22.2x. The price is about 17% below its 52-week high of ₹218.2 and 23% above the low of ₹148.17. Financial health scores 23/100, in the grey band on the Altman Z-score, with a Piotroski F-score of 4/9. It clears 6 of 13 investability checks, with durability 54, valuation 92 and momentum 34 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹291.42. Low-confidence estimate — limited data.
1-year price
EOD · 2026-07-3152-week range
-16.53% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Sell40Piotroski F-score 4/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Fail: ROE above 15%: 13.8%
- Pass: Low debt (D/E < 0.5): 0.32x
- Pass: Positive free cash flow
- Pass: Revenue growth > 10%: 62%
- Pass: Earnings growing: 563%
- Fail: Net margin ≥ 10%: 6.7%
- Fail: Current ratio > 1.5: 1.23
- Pass: Below our fair value
- Pass: Margin of safety ≥ 20%
- Fail: Above 200-day average
- Fail: Above 50-day average
- No data: Positive 1-year return
- Fail: Altman Z in safe zone: Z 1.92
- Fail: Piotroski ≥ 7: 4/9
Quarterly results
Annual financials
Shareholding
- Promoter49.6%
- Institutions0.6%
- Public & other49.8%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Lightly leveraged balance sheet.
Opportunities
- Earnings growing (563% YoY).
- Revenue growing (62% YoY).
- Trading in our value buy zone versus sector peers.
- Trades ~100% below our estimated fair value.
Bear case
Weaknesses
- Price below its 200-day moving average (downtrend).
About NCL Industries Limited
NCL Industries Limited manufactures and sells building materials in India through five operating segments: Cement, Boards, Hydel Power, Ready Mix Concrete, and Readymade Doors. The company produces various cement types, including ordinary Portland, pozzolana Portland, and specialty cements for applications in small housing, megastructures, and irrigation projects, marketed under the Nagarjuna brand.
NCL Industries Limited — frequently asked questions
Is NCL Industries Limited a buy, hold or sell?
StocksWizard currently rates NCL Industries Limited (NCLIND) a Sell, based on a blended score of 40/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is NCL Industries Limited's fair value?
Our blended DCF and relative-valuation model estimates NCL Industries Limited's fair value at about ₹364.28, versus a current price of ₹182.14 — roughly 100% upside. On that basis the stock looks undervalued by 100%.
Is NCL Industries Limited financially healthy?
NCL Industries Limited scores 23/100 on our financial-health model, placing it in the grey band on the Altman Z-score, with a Piotroski F-score of 4/9.
How has NCL Industries Limited's share price performed?
NCL Industries Limited is up 5% over three months, and last traded at ₹182.14. Past performance doesn't predict future returns.
More in Basic Materials
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.