NCL Industries (NSE:NCLIND) Days Inventory: 65.36 (As of Mar. 2026) — Near Median


NSE:NCLIND NCL Industries Ltd NSE:NCLIND
77 GF Score
Price ₹186.78
GF Value ₹197.02
Valuation Fairly Valued
! 4 Warning Signs
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What is NCL Industries Days Inventory?

NCL Industries NSE:NCLIND +0.54% 77 Days Inventory is 65.36 as of Mar. 2026, which is 4% above its 10-year median of 62.60. GuruFocus rates NSE:NCLIND with a GF Score™ of 77/100 and a GF Value™ of ₹197.02 (Fairly Valued). The stock has 4 warning signs investors should review. Among 392 Building Materials companies, NCL Industries ranks worse than 57.4% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). NCL Industries's Average Total Inventories for the three months ended in Mar. 2026 was ₹1,481 Mil. NCL Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,067 Mil. Hence, NCL Industries's Days Inventory for the three months ended in Mar. 2026 was 65.36.

The historical rank and industry rank for NCL Industries's Days Inventory or its related term are showing as below:

NSE:NCLIND' s Days Inventory Range Over the Past 10 Years
Min: 52.99   Med: 62.6   Max: 111.94
Current: 104.15

During the past 13 years, NCL Industries's highest Days Inventory was 111.94. The lowest was 52.99. And the median was 62.60.

NSE:NCLIND's Days Inventory is ranked worse than
57.4% of 392 companies
in the Building Materials industry
Industry Median: 90.21 vs NSE:NCLIND: 104.15

NCL Industries's Days Inventory declined from Mar. 2025 (114.73) to Mar. 2026 (65.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. NCL Industries's Inventory Turnover for the three months ended in Mar. 2026 was 1.40.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. NCL Industries's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.37.


NCL Industries  (NSE:NCLIND) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

NCL Industries's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

NCL Industries's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


NCL Industries Days Inventory Related Terms


NCL Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for NCL Industries's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NCL Industries Days Inventory Chart

NCL Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.99 56.08 62.27 111.94 107.84

NCL Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 114.73 153.60 107.58 99.04 65.36

NSE:NCLIND vs CRH, VMC, MLM: Days Inventory Comparison

For the Building Materials subindustry, NCL Industries's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NCL Industries Days Inventory vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, NCL Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where NCL Industries's Days Inventory falls into.


NSE:NCLIND
77GF Score
NCL Industries Ltd NSE:NCLIND
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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NCL Industries Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

NCL Industries's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (2481.054 + 1480.679) / 2 ) / 6704.418*365
=1980.8665 / 6704.418*365
=107.84

NCL Industries's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 1480.679) / 1 ) / 2067.168*365 / 4
=1480.679 / 2067.168*365 / 4
=65.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 65.36 mean?
NCL Industries (NSE:NCLIND) has a Days Inventory of 65.36 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on NCL Industries and its competitors. This is near median its historical median of 62.60. Over the past decade, NCL Industries' Days Inventory has ranged from 52.99 to 111.94. According to the industry distribution chart, NCL Industries ranks #225 out of 392 companies in the Building Materials industry, placing it in the top 57.4%.
Is NCL Industries' Days Inventory too high?
NCL Industries' current Days Inventory of 65.36 is near median its 10-year median of 62.60. Over the past 10 years, this metric has ranged from a low of 52.99 to a high of 111.94. The Building Materials industry median Days Inventory is 90.21. NCL Industries' value of 65.36 is 27.5% below this industry median. Based on the distribution chart, NCL Industries ranks #225 out of 392 companies in the Building Materials industry, which is below the industry midpoint. Overall, NCL Industries has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NCL Industries' Days Inventory compare to CRH and VMC?
According to the Building Materials industry distribution chart, NCL Industries ranks #225 out of 392 companies for Days Inventory. This places NCL Industries in the lower half of its industry. The industry median Days Inventory is 90.21. NCL Industries' value of 65.36 is 27.5% below this benchmark. Historically, NCL Industries' own Days Inventory has ranged from 52.99 to 111.94 over the past decade. While the company's 10-year median is 62.60 vs. the industry median of 90.21, NCL Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Building Materials company?
The median Days Inventory among Building Materials companies is 90.21, based on 392 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NCL Industries's current Days Inventory of 65.36 is 27.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on NCL Industries and its competitors. For the Building Materials industry, the median Days Inventory is 90.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCL Industries's current Days Inventory is 65.36, which is near median its own 10-year median of 62.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCL Industries stock overvalued right now?
Based on GuruFocus' analysis, NCL Industries (NSE:NCLIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹197.02, compared to a current price of ₹186.78 — trading 5.2% below its estimated fair value. The current Days Inventory is 65.36, which is near median its 10-year median of 62.60 and 27.5% below the Building Materials industry median of 90.21. NCL Industries' overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For NCL Industries (NSE:NCLIND), the current Days Inventory is 65.36 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NCL Industries (NSE:NCLIND) Overvalued in 2026?

Based on GuruFocus' analysis, NCL Industries stock appears to be undervalued. The current stock price of ₹186.78 is trading 5.2% below its estimated GF Value™ of ₹197.02. GuruFocus considers NCL Industries to be Fairly Valued.

Key valuation signals for NSE:NCLIND:

  • Days Inventory: 65.36 (near median its 10-year median of 62.60)
  • GF Value™: ₹197.02 vs. price of ₹186.78 (5.2% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 27.5% below the Building Materials median (#225 of 392)

No single metric tells the full story. See the NSE:NCLIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NCL Industries Business Description

Other Exchanges 502168:India
Address Sarojini Devi Road, Near Rail Nilayam, 7th Floor, NCL Pearl, 10-03-162, Opposite Hyderabad Bhawan, East Maredpally, Secunderabad, TG, IND, 500 026
NCL Industries Ltd is principally engaged in the business of manufacturing and selling Cement, Ready Mix Concrete (RMC), Cement Bonded Particle Boards (CBPB), and Prefab Shelters. The company's operating segment includes Cement; Boards; Energy, Readymade Doors, and Ready Mix Concrete. It generates maximum revenue from the Cement segment. Geographically, it derives a majority of its revenue from India.
77GF Score

Get the complete analysis for NSE:NCLIND

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹186.78
Price
₹197.02
GF Value