NCL Industries (NSE:NCLIND) Enterprise Value: ₹10,905 Mil (As of Jul. 04, 2026) ***


NSE:NCLIND NCL Industries Ltd NSE:NCLIND
70 GF Score
Price ₹190.15
GF Value ₹197.43
Valuation Fairly Valued
! 4 Warning Signs
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What is NCL Industries Enterprise Value?

NCL Industries NSE:NCLIND -0.80% 70 Enterprise Value is ₹10,905 Mil as of Jul. 04, 2026. GuruFocus rates NSE:NCLIND with a GF Score™ of 70/100 and a GF Value™ of ₹197.43 (Fairly Valued). The stock has 4 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, NCL Industries's Enterprise Value is ₹10,905 Mil. NCL Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,514 Mil. Therefore, NCL Industries's EV-to-EBIT ratio for today is 7.20.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, NCL Industries's Enterprise Value is ₹10,905 Mil. NCL Industries's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2,088 Mil. Therefore, NCL Industries's EV-to-EBITDA ratio for today is 5.22.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, NCL Industries's Enterprise Value is ₹10,905 Mil. NCL Industries's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹14,261 Mil. Therefore, NCL Industries's EV-to-Revenue ratio for today is 0.76.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, NCL Industries's Enterprise Value is ₹10,905 Mil. NCL Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, NCL Industries's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, NCL Industries's Enterprise Value is ₹10,905 Mil. NCL Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, NCL Industries's EV-to-FCF ratio for today is .

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


NCL Industries  (NSE:NCLIND) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

NCL Industries's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10904.794/1513.716
=7.20

NCL Industries's current Enterprise Value is ₹10,905 Mil.
NCL Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,514 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

NCL Industries's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=10904.794/2088.459
=5.22

NCL Industries's current Enterprise Value is ₹10,905 Mil.
NCL Industries's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,088 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

NCL Industries's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=10904.794/14261.361
=0.76

NCL Industries's current Enterprise Value is ₹10,905 Mil.
NCL Industries's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹14,261 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

NCL Industries's EV-to-OCF for today is:


NCL Industries's current Enterprise Value is ₹10,905 Mil.
NCL Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

NCL Industries's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=10904.794/0
=

NCL Industries's current Enterprise Value is ₹10,905 Mil.
NCL Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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 Enterprise Value Related Terms


NCL Industries Enterprise Value Historical Data

* Premium members only.

The historical data trend for NCL Industries's Enterprise Value 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 Enterprise Value Chart

NCL Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,303.72 10,606.05 10,016.49 10,569.86 8,994.64

NCL Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 10,569.86 10,588.59 11,256.75 9,095.00 8,994.64

NSE:NCLIND vs CRH, VMC, MLM: Enterprise Value Comparison

For the Building Materials subindustry, NCL Industries's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Building Materials Industry

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

* The bar in red indicates where NCL Industries's Enterprise Value falls into.


NSE:NCLIND
70GF Score
NCL Industries Ltd NSE:NCLIND
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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NCL Industries Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

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

NCL Industries's Enterprise Value for the quarter that 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ₹10,905 Mil mean?
NCL Industries (NSE:NCLIND) has a Enterprise Value of ₹10,905 Mil as of Jul. 04, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on NCL Industries and its competitors.
Is NCL Industries' Enterprise Value too high?
NCL Industries' current Enterprise Value is ₹10,905 Mil. Overall, NCL Industries has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NCL Industries' Enterprise Value compare to CRH and VMC?
NCL Industries' Enterprise Value of ₹10,905 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Building Materials company?
A good Enterprise Value depends on the Building Materials industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on NCL Industries and its competitors. NCL Industries's current Enterprise Value is ₹10,905 Mil. 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 ₹197.43, compared to a current price of ₹190.15 — trading 3.7% below its estimated fair value. The current Enterprise Value is ₹10,905 Mil. NCL Industries' overall GF Score™ is 70/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For NCL Industries (NSE:NCLIND), the current Enterprise Value is ₹10,905 Mil as of Jul. 04, 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 ₹190.15 is trading 3.7% below its estimated GF Value™ of ₹197.43. GuruFocus considers NCL Industries to be Fairly Valued.

Key valuation signals for NSE:NCLIND:

  • Enterprise Value: ₹10,905 Mil
  • GF Value™: ₹197.43 vs. price of ₹190.15 (3.7% below fair value)
  • GF Score™: 70/100 with 4 warning signs

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.
70GF Score

Get the complete analysis for NSE:NCLIND

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

₹190.15
Price
₹197.43
GF Value