MarketFriction

NACL Industries Ltd

NSE NACLIND · BSE 524709 · Pesticides & Agrochemicals
₹130.41 -1.84%
NSE close2026-10-01
52 week range112.62 - 245.00
Market cap₹3,101 Cr.
P/E120
Price band 20% Delivery 47.4%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales580365457325440268201448457318361383
Expenses550361446329400294275410412312348342
Operating Profit31411-441-26-74384571341
OPM %5%1.1%2.4%-1.3%9%-10%-37%8%10%2.1%3.7%11%
Other Income124342301-17022
Interest2019191817151414131276
Depreciation777777878899
Profit before tax6-20-11-2720-47-66186-14-128
Tax %28%-22%-19%-23%27%-22%-24%27%60%-25%-28%26%
Net Profit4-16-9-2115-36-50133-10-121
EPS in Rs0.18-0.69-0.39-0.900.64-1.56-2.140.560.11-0.43-0.040.89
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6927358478651,0151,1911,6332,1161,7791,2351,5841,519
Expenses6366797988529461,0781,4951,9221,7621,2971,4811,413
Operating Profit565649146911313819317-62103106
OPM %8%8%6%1.6%7%10%8%9%1.0%-5%7%7%
Other Income1841202781513101037-15-14
Interest373833342928274776654639
Depreciation272820202425252827293233
Profit before tax113115-132475100128-76-1191020
Tax %18%-4%25%-48%30%32%26%26%-23%-23%52%
Net Profit103312-717517395-59-92512
EPS in Rs0.541.800.64-0.360.752.243.194.11-2.55-3.940.200.53
Dividend Payout %16%6%17%0%12%15%15%15%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth9%6%-9%12%
Compounded Profit Growth3%-24%-48%130%
Stock Price CAGR21%13%22%-31%
Return on Equity2%0%-11%2%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital161616161719202020202023
Reserves162170213223267338399469554491407660
Borrowings228232213237210268202531724789399312
Other Liabilities260193209237248330355496616518397369
Total Liabilities6656116517137429559761,5161,9141,8181,2231,364
Fixed Assets176167163158141191220238402439439459
CWIP1267521423611671474318
Investments121399141516131415168
Other Assets4664264735415667077041,1481,4271,318726879
Total Assets6656116517137429559761,5161,9141,8181,2231,364
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity404658243610383-124-2050469-104
Cash from Investing Activity-18-12-6-14-27-9714-163-143-384-58
Cash from Financing Activity-27-33-58-11-970-113290134-22-448108
Net Cash Flow-41-5-1077-162-28-925-55
Free Cash Flow24345211143367-262-16611438-134
CFO/OP96%85%110%66%286%152%82%-70%3%397%-755%-106%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1089911012411312910311813315781106
Inventory Days138153189141134841001241129910996
Days Payable121891271271251371201121109311896
Cash Conversion Cycle125163172137122768312913516273105
Working Capital Days024423947750443816-2433
ROCE %11%12%10%11%4%10%17%15%15%-0%-8%8%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters63.83%63.80%63.72%63.65%63.65%63.65%63.07%63.07%53.08%53.74%53.70%53.68%
FIIs1.03%0.50%0.28%0.31%0.18%0.17%0.12%0.03%0.17%0.02%0.05%0.09%
DIIs0.96%0.96%0.96%0.89%0.00%0.00%0.00%1.74%1.32%1.42%1.46%1.32%
Public34.18%34.75%35.04%35.15%36.16%36.19%36.81%35.14%45.42%44.82%44.79%44.90%
No. of Shareholders24,81026,94230,81429,56733,08933,36033,43039,27544,71047,83947,59648,817

Fundamentals

Market Cap₹ 3,101 Cr.
Current Price₹ 132
Stock P/E120
Book Value₹ 29.2
ROCE8.13 %
ROE2.37 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)12%
Compounded Profit Growth (TTM)130%
Consolidated figures.
Valuation
Market capRs 3,054 Cr
Enterprise valueRs 3,331 Cr
P/E (TTM)246.88x
Price to book4.47x
Price to sales2.01x
EV / EBITDA36.14x
EV / EBIT56.69x
EV / sales2.19x
Earnings yield0.41%
P/E, 3-year average642.17x
P/B, 3-year average3.57x
P/E, 5-year average225.98x
P/B, 5-year average3.26x
Profitability
Operating margin (excl. other income)6.51%
Operating margin (incl. other income)5.56%
EBITDA margin6.07%
Pre-tax margin1.31%
Net profit margin0.81%
Net margin, latest quarter5.44%
ROE0.82%
ROCE6.16%
ROA0.35%
ROE, 3-year average-9.89%
ROCE, 3-year average0.34%
ROA, 3-year average-2.95%
ROE, 5-year average0.88%
ROCE, 5-year average6.32%
ROA, 5-year average0.51%
ROIC (approx.)2.92%
Tax rate52.25%
Other income / net worth-2.22%
Growth
Sales growth (latest year)28.35%
Sales CAGR, 3 years-9.19%
Sales CAGR, 5 years5.87%
Profit CAGR, 3 years-63.61%
Profit CAGR, 5 years-38.27%
Sales growth QoQ6.20%
Sales growth YoY (latest quarter)-14.50%
Profit growth YoY (latest quarter)59.82%
Per share
EPS (TTM)Rs 0.53
EPS (latest year)Rs 0.20
EPS (latest quarter)Rs 0.89
EPS, 3-year averageRs -2.45
EPS, 5-year averageRs 0.23
Book value per shareRs 29.16
Sales per shareRs 64.88
Cash flow per shareRs -4.45
Free cash flow per shareRs -5.72
Dividend per share, 5-year averageRs 0.63
Dividends
Dividend payout, 5-year average14.77%
Efficiency
Asset turnover1.16x
Fixed asset turnover3.45x
Inventory turnover4.12x
Inventory days89 days
Debtor days106 days
Debtors turnover3.46x
Creditor days96 days
Cash conversion cycle105 days
Working capital days33 days
Leverage
Total debtRs 312 Cr
Cash and bankRs 35 Cr
Net debtRs 277 Cr
Debt to equity0.46x
Net debt / EBITDA3.01x
Interest coverage1.52x
Current ratio (filing 2026-03-31)1.27x
Quick ratio (filing 2026-03-31)0.84x
Trade payables (filing 2026-03-31)Rs 284 Cr
Owners' fund to total sources50.07%
Debt to assets22.87%
Cash flow
Cash from Operating Activity (latest year)Rs -104 Cr
Cash from Investing Activity (latest year)Rs -58 Cr
Cash from Financing Activity (latest year)Rs 108 Cr
Net Cash Flow (latest year)Rs -55 Cr
Free cash flow (latest year)Rs -134 Cr
FCFE (approx.: FCF + change in debt)Rs -221 Cr
Cash from ops / profit, 5 years12.32x
Statement figures
Net sales (TTM)Rs 1,519 Cr
Net sales (latest year)Rs 1,584 Cr
Sales (latest quarter)Rs 383 Cr
Operating profit excl. other income (latest year)Rs 103 Cr
Operating profit (latest quarter)Rs 41 Cr
Other income (TTM)Rs -14 Cr
EBITDA (TTM)Rs 92 Cr
PBDT (TTM)Rs 53 Cr
Profit before tax (TTM)Rs 20 Cr
Tax (latest year)Rs 5 Cr
Net profit (TTM)Rs 12 Cr
Net profit (latest year)Rs 5 Cr
Net profit (latest quarter)Rs 21 Cr
Depreciation (TTM)Rs 33 Cr
Depreciation (latest quarter)Rs 9 Cr
Interest (TTM)Rs 39 Cr
Cost of goods sold (latest year)Rs 1,165 Cr
Total expenditure (latest year)Rs 1,481 Cr
Total income (latest year)Rs 1,569 Cr
Share capitalRs 23 Cr
ReservesRs 660 Cr
Shareholders' fundsRs 683 Cr
Total assetsRs 1,364 Cr
Net blockRs 459 Cr
Capital work in progressRs 18 Cr
InvestmentsRs 8 Cr
ReceivablesRs 458 Cr
InventoryRs 283 Cr
Other liabilitiesRs 369 Cr
Shares outstanding (crore)23.42
Ownership
Promoter holding53.68% (-9.39 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 246.9 is at the 96th percentile of its own 6.2-year range (median 35.5, low 13.9, high 322.3).
P/B 4.47 is at the 70th percentile (median 3.51).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodNACLINDNifty 50Difference
1 week-6.4%-2.8% -3.6 pts
1 month-22.7%-6.8% -15.9 pts
3 months-40.3%-7.6% -32.7 pts
6 months+4.1%+0.4% +3.7 pts
1 year-43.4%-9.9% -33.5 pts
2 years+134.6%-13.6% +148.1 pts
3 years+62.2%+14.2% +48.0 pts
5 years+62.6%+27.9% +34.7 pts
1 mutual fund schemes hold about ₹0 Cr. Over three months 1 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal BSE 1000 Index Fund0.01%0 +30%

Red flags

F-score 6 of 8
explainReceivables outrunning sales Receivables grew 67% vs sales +28% in 2026
explainLow interest cover Interest cover 1.2x in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹383 Cr -14.5% vs Jun 2025. Net profit ₹21 Cr +61.5%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2025-12-12Rights 5:31 @ Premium Rs 75.70/-
2023-09-08Annual General Meeting/Dividend - Re 0.25 Per Share
2023-02-10Interim Dividend - Re 0.15 Per Share
2022-11-01Interim Dividend - Rs 0.30 Per Share
2022-09-15Annual General Meeting/Dividend - Re 0.15 Per Share
2022-02-10Interim Dividend - Rs 0.15 Per Share
2021-11-11 Interim Dividend - Rs 0.15 Per Share
2021-09-16 Annual General Meeting/Dividend - Rs 0.15 Per Share
2021-08-12 Interim Dividend - Rs 0.10 Per Share
2021-04-06 Interim Dividend - Rs 0.15 Per Share
2020-11-12 Interim Dividend - Rs 0.10 Per Share
2020-09-17 Annual General Meeting
2020-03-31 Interim Dividend - Rs 0.10 Per Share
2019-08-01 Annual General Meeting
2018-08-02 Dividend- Re 0.125 Per Share
2017-07-27 Annual General Meeting/Dividend - Re 0.125 Per Share
DateTypeWhat it says
2026-08-21General UpdatesNews Paper Publication
2026-08-10General UpdatesUpdate on Sale of Stake in Associate Company.
2026-07-27Monitoring Agency ReportS about the Monitoring Agency Report for the period ended June 30, 2026
2026-07-23Shareholder meetingVoting results.
2026-07-23General UpdatesNews Paper Publication
2026-07-22Shareholder meetingProceedings of Annual General Meeting held on July 22, 2026
2026-07-22Sale or disposalSale of stake in Associate Company
2026-07-22Board meeting outcomeNACL Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-07Disclosure under SEBI TakeovCoromandel International Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of Ind...
2026-07-01General UpdatesPrice and Volume movement in Companys shares
2026-06-30General UpdatesNews Paper Publication.
2026-06-29Shareholder meetingNotice of Annual General Meeting to be held on July 22, 2026
2026-06-24Price movementSignificant movement in price has been observed in NACL Industries Limited. The Exchange, in order to ensure that investors have latest relevant infor...
2026-06-23Price movementSignificant movement in price has been observed in NACL Industries Limited. The Exchange, in order to ensure that investors have latest relevant infor...
2026-06-22Volume querySignificant increase in volume has been observed in NACL Industries Limited. The Exchange, in order to ensure that investors have latest relevant info...
2026-06-19Volume querySignificant increase in volume has been observed in NACL Industries Limited. The Exchange, in order to ensure that investors have latest relevant info...
2026-06-16General UpdatesNews Paper publications
2026-05-08Monitoring Agency ReportS about Monitoring Agency Report for the period ended March 31, 2026
2026-05-05General UpdatesNew Paper Publications
2026-05-04ResignationResignation of Director/KMP/SMP
2026-05-04ResignationResignation of Director/KMP/SMP
2026-05-04Change in ManagementChange in Management
2026-05-04Change in Company Secretary/Change in Company Secretary/Compliance Officer
2026-05-04Board meeting outcomeNACL Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-04ESOPAllotment of 65000 Shares under ESOS 2020 Scheme
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 75perc in previous 3 monthsScrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of NACL Industries Ltd?

NACL Industries Ltd (NACLIND) has a market capitalisation of Rs 3,101 Cr. at the 2026-10-01 close.

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

NACL Industries Ltd trades at a P/E of 120 on trailing twelve-month profit, at the 2026-10-01 close.

What were NACL Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, NACL Industries Ltd sales was Rs 383 Cr (-14.5% vs Jun 2025) and net profit was Rs 21 Cr.

What is the 52-week high and low of NACL Industries Ltd?

The 52-week high is Rs 245.00 and the 52-week low is Rs 112.62.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03