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Table of Contents

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NCL Holdings Unlisted Shares

BUY

₹ 92.00

SELL

₹ 108.00

No information available.....

As on 29 Jul 2026, 09:51 PM, we are buying shares of the NCL HOLDINGS (A&S) LTD. for ₹ 92.00 and selling them for ₹ 108.00 per share.

About NCL Holdings Unlisted Shares

NCL Holdings is a diversified investment company established as part of a corporate restructuring of NCL Alltek & Seccolor Limited. Following the approval of the scheme by the National Company Law Tribunal (NCLT), the company’s non-building materials division was transferred to NCL Holdings, while the building materials division became NCL Buildtek Limited.

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NCL Holdings operates as a holding company that focuses on managing investments in a variety of corporate and non-corporate entities. These entities span across sectors such as manufacturing, trading, and services. The company’s structure and investments aim to capitalize on growth opportunities in different sectors, supporting long-term value creation and enhancing its portfolio.

Business Divisions

NCL Holdings operates through a diversified portfolio of subsidiaries, each contributing to its overall growth and market presence. Some of the key group companies under NCL Holdings include:

  • NCL Green Habitats Pvt. Ltd.:
    Operating in the real estate and construction sector, NCL Green Habitats is involved in land acquisition, real estate development, and consultancy services for project planning and execution. The company caters to the growing demand for sustainable and efficient urban development, providing innovative real estate solutions tailored to clients’ needs.
  • Eastern Ghat Renewable Energy Ltd.:
    Focused on renewable energy, Eastern Ghat Renewable Energy specializes in the development and operation of hydroelectric power projects. By acquiring licenses for hydropower plants, the company plays an important role in promoting clean energy and contributing to India’s sustainable energy goals, while also participating in the sale of electricity to the national grid.
  • Sun Crop Sciences Pvt. Ltd.:
    Active in the agriculture sector, Sun Crop Sciences focuses on seed development, manufacturing, and processing. The company’s strength lies in its research and development of climate-resilient seeds suited for diverse environmental conditions, helping farmers boost productivity and ensuring sustainability in agriculture.
  • Kakatiya Industries Pvt. Ltd.:
    Kakatiya Industries operates in two major domains: chemicals and hydropower. The chemicals division manufactures products catering to industrial applications, while the hydropower division is engaged in developing clean energy projects, including a 9-megawatt hydropower project in Odisha, which supports India’s renewable energy ambitions.

Financial Highlights

Here are the key financial highlights for NCL Holdings Unlisted Shares:

  1. Revenue Generation:
    In FY2022, NCL Holdings reported revenue of ₹21.06 crore, with a gross margin of 66.86%, showcasing its ability to generate income from its diverse portfolio of investments.
  2. Profit Margins:
    The company reported a Net Profit Margin (NPM) of 8.55%, which indicates that NCL Holdings was able to keep its costs under control despite challenges. EBIT margins stood at 3.42%, demonstrating operational efficiency.
  3. Earnings Per Share (EPS):
    The company posted an EPS of ₹3.11 in FY2022, reflecting a modest profit attributable to shareholders despite the challenges in the market.
  4. Debt Levels:
    NCL Holdings has a debt-to-equity ratio of 1.46, which suggests it is leveraging debt to finance its operations and investments. While this can amplify returns, it also introduces financial risk, especially if the company faces profitability or cash flow issues.
  5. Assets and Liabilities:
    As of FY2022, NCL Holdings had total assets of ₹229.68 crore, with a substantial portion tied up in inventory (₹104.71 crore) and borrowings (₹96.68 crore). These figures highlight the company’s reliance on assets and debt to fuel its operations.

Disclaimer*This research has been conducted on available data. Investors are advised to perform their own research and due diligence before making any investment decisions. We are not responsible for any financial losses or inaccuracies in the data provided

Pros

  • Stock is trading at 1.14 times its book value
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 26.3%

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -6.23% over past five years.
  • Company has a low return on equity of 3.68% over last 3 years.

Key Details

Share Name Particulars
NCL Holdings Unlisted 100.00
Shares Price Per Equity Share
Minimum Lot Size Shares Worth Rs. 15000
52 Week High ₹125
52 Week LoW ₹85
Depository NSDL & CDSL
PAN Number AAFCN8971M
ISIN Number INE06DT01010
CIN U65920TG2018PLC121664
RTA Venture Capital and Corporate Investments
Fundamentals Value
Market Cap (in cr.) 115.70
P/E Ratio 32.15
P/B Ratio 1.52
Debt to Equity 1.46
ROE (%) 3%
Book Value 65.77
EPS 3.11
Face Value 10
Total Shares 11570000

Financials

P&L Statement 2022
Revenue 21.06
Cost of Material Consumed 6.98
Gross Margins 66.86
Change in Inventory -22.49
Employee Benefit Expenses 4.02
Other Expenses 31.39
EBITDA 1.16
OPM 5.51
Other Income 3.91
Finance Cost 1.55
D&A 0.44
EBIT 0.72
EBIT Margins 3.42
PBT 3.07
PBT Margins 14.58
Tax 1.27
PAT 1.8
NPM 8.55
EPS 3.11
Financial Ratios FY24 FY23 FY22
Operating Margin 43% 27% 19%
Net Profit Margin 13% 10% 7%
Return on Equity 8% 15% 3%
Debt-Equity 2.37 1.7 1.46
Current Ratio 4.4 3.46 1.88
Dividend Payout 15% 7% 32%
Company NCL Holdings Ltd Nahar Capital and Financial Services Ltd Kalyani Investment Company Ltd
Market Cap (₹ Crores) 75 490 2921
Profitability Margin (%) 13% 23% 104%
ROCE (%) 8% 1% 1%
ROE (%) 8% 1% 1%
D/E Ratio 2.37 0 0
P/E Ratio 13.63 19.1 41.4
P/B Ratio 1.02 0.32 0.35
Book Value per Share (₹) 128.06 921 19024

Promoters or Management

Name Designation Experience Linkedin Profile
Madhu Kalidindi MD 15+ View
Ambujodar Reddy Kanala Director 15+
Bimal Vinodrai Goradia Director 15+
Pooja Kalidindi Executive Director 13 yrs View

Annual Reports

Name Download
NCL Holdings Report 2023 View
NCL Holdings Report 2024 View

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Frequently Asked Questions

1. What is the revenue split of NCL Holdings?

For the year ended March 2024, sale of lands contributed 41.36% to their revenue while sale of chemicals and hydro power energy contributed 58.63% to the revenue.

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