NCL Industries enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


728	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
3.3	3.3	14.9	44.6	31.2
237	237	249	218	292
962	—	—	—	—
233	233	234	173	261
₹212.61	—	—	—	—

1,177	1,177	1,107	1,067	1,062
20.1%	20.1%	22.5%	20.4%	27.5%
0.25×	—	—	—	—

0.67×	—	—	—	—
5.47×	—	—	—	—
8.20×	—	—	—	—
27.35×	—	—	—	—
1,431	1,422	1,411	1,871	1,610
176	190	109	207	148
117	135	52.6	151	98.6
—	145	86.2	183	182
35.2	35.2	−31.7	121	78.8
—	33.2	−39.5	113	91.5
—	110	118	61.9	103

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

NCLIND₹161.04

NCL Industries Limited

· Infrastructure

₹ CrorePeersDECCANCE VISAKAIND SAURASHCEM BIGBLOC SHREDIGCEM ACL APCL SAGCEMMcap ₹728 Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	728.4
- Cash, Equiv & ST Investments	31.2	44.6	14.9	3.3	3.3
+ Total Debt	292.3	218.0	248.9	236.6	236.6
Enterprise Value	—	—	—	—	961.7
Net Debt (memo)	261.1	173.4	234.0	233.3	233.3
EV per Share	—	—	—	—	212.61

Total Capital	1,062.2	1,067.1	1,107.1	1,176.8	1,176.8
Total Debt/Total Capital	27.52	20.43	22.48	20.10	20.10
Total Debt/EV	—	—	—	—	0.25

EV/Sales	—	—	—	—	0.67
EV/EBITDA	—	—	—	—	5.47
EV/EBIT	—	—	—	—	8.20
EV/Free Cash Flow	—	—	—	—	27.35
Reference Items — Trailing FY Values
Sales	1,609.7	1,871.4	1,410.8	1,422.1	1,431.3
EBITDA	147.8	206.7	109.2	190.0	176.0
EBIT	98.6	150.6	52.6	134.5	117.2
Operating Cash Flow	181.9	182.8	86.2	145.0	—
Free Cash Flow	78.8	120.9	-31.7	35.2	35.2
FCFF (free cash flow to the firm)	91.5	112.7	-39.5	33.2	—
Capital Expenditure	103.1	61.9	117.8	109.8	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.