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NACL Industries Ltd (NACLIND)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524709 NSE: NACLIND Pesticides & Agrochemicals | Small Cap | NACL Industries Share Price

₹223.80 5.10 (2.33%)

As on 06-Jul'26 16:59

NACL Industries Ltd (NACLIND)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524709 NSE: NACLIND Pesticides & Agrochemicals | Small Cap | NACL Industries Share Price

₹223.80 5.10 (2.33%)

As on 06-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹5,242 Cr.
Current Price
₹223.8
52-Week Low / High
₹113 / 309
TTM EPS
₹1
TTM Sales
₹1,507 Cr.
Book Value per Share
₹31.4
P/E Ratio
230.53
Higher than its 5-year historical median
Industry PE
31.4
Price to Book (P/B)
7.14
Higher than its 5-year historical median
Price to Sales (P/S)
3.48
Higher than its 5-year historical median
EV/EBITDA
55.84
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
3.81%
Underperforms industry median
Return on Capital Employed (ROCE)
7.55%
Underperforms industry median
Return on Assets (ROA)
1.85%
Operating Profit Margin
5.9%
Net Profit Margin
1.51%
Gross Profit Margin
3.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
20.39%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
53.70%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹711 Cr.
Equity
₹23.4 Cr.
Face Value
₹1
All Time Low / High
₹0.15 / 309.41

NACL Industries stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is NACL Industries Ltd a good quality company?
NACL Industries Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does NACL Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of NACL Industries Ltd vs industry peers?
NACL Industries Ltd revenue CAGR is 4.29%, compared to the industry median CAGR of 8.45%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of NACL Industries Ltd?
Promoters hold 53.70% of the NACL Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of NACL Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 23.9% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
NACL Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 16%10.6%4%9.5%16.8%17.3%17.5%-0.2%-4.9%7.6%-
Value Creation
Index
0.2-0.3-0.7-0.30.20.20.3-1.0-1.4-0.5-

Growth Parameters

Sales 7348468651,0151,1911,6332,1161,7811,2521,5071,507
Sales YoY Gr.-15.3%2.3%17.3%17.4%37.1%29.6%-15.8%-29.7%20.4%-
Adj EPS 0.90.7-0.40.62.13.34.6-2.2-4.31.41
YoY Gr.--17.2%-158.3%NA234.9%57.4%39.8%-147.2%NANA-
BVPS (₹) 13.313.814.216.719.122.326.524.120.931.331.4
Adj Net
Profit
14.912.3-7.613.245.271.9101-47.5-93.931.823
Cash Flow from Ops. 58.524.536.510384-116-9.626.3449-104-
Debt/CF from Ops. 3.69.75.82.52.4-3.8-59.624.60.6-2.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 8.3%4.8%-10.7%20.4%
Adj EPS 5.1%-8.4%-33.6%NA
BVPS10%10.4%5.7%49.9%
Share Price 26.7% 26.4% 39.3% -2.9%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
7.35.3-34.211.916.119-8.6-195.33.1
Op. Profit
Mgn %
7.65.815.98.78.49.10.1-5.75.96
Net Profit
Mgn %
21.5-0.91.33.84.44.8-2.7-7.52.11.5
Debt to
Equity
0.910.80.70.50.911.20.60.40
Working Cap
Days
193215233207195175183224242155102
Cash Conv.
Cycle
1101191309481861011321307017

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales7348468651,0151,1911,6332,1161,7811,2521,507
Operating Expenses + 6808008619551,0881,4961,9251,7801,3241,422
Manufacturing Costs9710411010512216719519113485
Material Costs4085165686707831,1371,5141,3278891,035
Employee Cost 6169798694100120126140152
Other Costs 11311110494909396136161150
Operating Profit 55474601031371911-7286
Operating Profit Margin (%) 7.4%5.5%0.5%5.9%8.7%8.4%9.0%0.0%-5.8%5.7%
Other Income + 17213516252017161513
Exceptional Items 26000000029-10
Interest 38333429293044604937
Depreciation 28202024252526181921
Profit Before Tax 3115-152374102138-62-9730
Tax -14-77242635-15-237
Profit After Tax 3211-8165076103-47-7323
PAT Margin (%) 4.3%1.3%-1.0%1.6%4.2%4.7%4.9%-2.6%-5.8%1.5%
Adjusted EPS (₹)1.90.6-0.50.82.43.54.7-2.2-3.31.0
Dividend Payout Ratio (%)6.20%18.20%0%12.20%15.60%14.30%13.50%0%0%0%

Valuation of NACL Industries - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 226235259350409482575524459734
Share Capital 16161719202020202023
Reserves 210219242331390463555504439711
Debt +197219198249184411529594248301
Long Term Debt3020122271888141100
Short Term Debt168199186227113323448553238301
Minority Interest0000000000
Trade Payables142183209268274374469309286251
Others Liabilities 8888748714214817923610570
Total Liabilities 6537257399551,0091,4151,7521,6631,0981,357

Fixed Assets

Net Fixed Assets +163158141191191209212238240256
Gross Block418430434505523554564608590619
Accumulated Depreciation255273293314332345352370350363
CWIP 752142352140262816
Investments 55993078107114114269
Inventories212202224165228411484332262264
Trade Receivables221287268359336529771781314468
Cash Equivalents 8812118757772665934
Others Assets 3860657111490671057949
Total Assets 6537257399551,0091,4151,7521,6631,0981,357

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 59243610384-116-1026449-104
PBT 3115-152374102138-62-9730
Adjustment 785664686963769611295
Changes in Working Capital -47-39-1015-50-254-19710435-235
Tax Paid -3-8-3-2-10-27-27-17-16
Cash Flow From Investing Activity + -6-14-27-97-17-111-74-38-14-186
Capex -7-13-22-70-15-50-49-32-27-26
Net Investments 00-4-2727-271-232-30
Others 1-1-10-29-34-26-5-19-130
Cash Flow From Financing Activity + -58-11-970-84204794-410235
Net Proceeds from Shares 0034601361111252
Net Proceeds from Borrowing -6-7-13653318-33-54-39
Interest Paid -38-33-32-28-28-27-41-61-52-38
Dividend Paid -2-2-2-2-5-11-12-500
Others -1331434-118205123102-31460
Net Cash Flow -5-1077-17-22-4-825-55

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)15.54.65-3.45.1813.2417.0619.44-8.55-14.873.81
ROCE (%)16.0310.553.969.4716.8317.2517.52-0.17-4.927.55
Asset Turnover Ratio1.321.261.181.21.211.471.481.211.021.38
PAT to CFO Conversion(x)1.842.18N/A6.441.68-1.53-0.1N/AN/A-4.52
Working Capital Days
Receivable Days89.50107.10116.90112.80106.5088.40101136.60141.5084.20
Inventory Days86.3087.3089.9069.9060.2065.3069.5071.9076.9056.70
Payable Days111.40112.60115.10114.70118.8092.9088.6098.30117.7094.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.007.127.120.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

NACL Industries Ltd FAQs

The current trading price of NACL Industries on 06-Jul-2026 16:59 is ₹223.8.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 05-Jul-2026 the market cap of NACL Industries stood at ₹5,242.4 Cr

The latest P/E ratio of NACL Industries as of 05-Jul-2026 is 230.5.

The latest P/B ratio of NACL Industries as of 05-Jul-2026 is 7.14.

The 52-week high of NACL Industries is ₹309.4 and the 52-week low is ₹112.5.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of NACL Industries is ₹1,507 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that NACL Industries Ltd is a average quality company.

The key valuation ratios of NACL Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of NACL Industries Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About NACL Industries Ltd

Nagarjuna Agrichem (NACL), a Nagarjuna Group company was established in 1994 with an investment of $7 million for producing Monocrotophos Technical. NACL has since grown substantially and now manufactures a comprehensive range of pesticide technicals, formulations and custom manufactured fine chemicals. All the manufactured products conform to international quality standards and specifications.

It has adequate capacities, state-of-the-art infrastructure, skilled experienced manpower and technical absorption capabilities. In fact, Custom Synthesis and manufacturing are one of NACL's inherent capabilities. The production lines are designed for a quick change over. It also has a Custom Synthesis and Toll Manufacturing Division, which caters to the requirements of reputed overseas customers.

NACL has one of the largest dealer network spread across India, with marketing and sales offices in addition to an extensive warehousing & logistics infrastructure to handle operations in 20 Indian states. NACL has tie-ups with large Indian agrochemical majors and MNCs for the domestic and export markets.

It operate one of the most modern and comprehensive Technical Agrochemical manufacturing plants, situated in Srikakulam district of Andhra Pradesh, India.

NACL formulates its formulations in a modern formulation plant situated in the East Godavari District of Andhra Pradesh. This location is situated in the scenic rice growing area on India's east coast. This unit is one of the few to have in a single location, integrated multi-line facilities capable of producing a variety of pesticide formulations such as liquids, wettable powders and granules simultaneously. This unit has the formulation technology to produce dry flowables and water based emulsions.

NACL has an impressive range of branded formulations in the categories of insecticides, fungicides and herbicides. In addition to catering to the entire Indian subcontinent, it export both technicals and formulation-grade pesticides to some countries in Europe, Asia including the Middle East, Japan, USA, Australia and Africa.

R & D plays a critical role in Nagarjuna's activities in agribusiness. In recognition of this, Nagarjuna established Nagarjuna Agricultural Research and Development Institute (NARDI) in 1995 to focus research on crop protection, crop production and crop improvement. NARDI was established on a 100 acre dedicated farm and staffed by nationally renowned scientists and other support staff. NARDI did have research collaboration with leading international institutes such as IRRI, ICRISAT, CIMMYT, ACRDC and ICAR. The Quality management facilities are equipped with modern analytical equipment such as GC-Mass, LC- Mass, GLC, HPLC, UV Spectrophotometer and etc.

In 2011 Nagarjuna Agrichem incorporated a new overseas subsidiary office in Australia in the name as "Nagarjuna Agrichem (Australia) Pty Ltd"

In 2012 Nagarjuna Agrichem launched State-of-the-Art R&D Center, Embarks on a significant market expansion drive.

Product range of the company includes:

Insecticides:

  • PROFENOFOS- The product is pale yellow liquid with garlic like odour. It is used in control of insects (particularly Lepidoptera) and mites on cotton, maize, sugar beet, soya beans, potators, vegetables, tobacco and other crops.
  • ACEPHATE- Pure product is crytals. M.p.88-90 deg.C. It controls many kinds of insects, e.g.aphids, thrips, lepidopterous larvae, sawflies, leafminers, leafhoppers, cutworms, etc. In fruit, vines, hops, olives, cotton , soybeans, peanuts, macadamia nuts, beet, brassicas, celery, beans, potatos, rice, tobacco, ornametals, forestry and other crops.
  • DICHLOROVOS- Colour liquid. Technical material is colour to amber liquid with an aromatic odour. It controls of household and public health insect pests e.g.flies, mosquitoes, cockroaches, bedbugs, ants, etc., stored product pests in warehouses, storerooms, etc., flies and midges in animal houses, sciarid and phorid flies in mushrooms, sucking and chewing insects, and spider mites in a wide range of crops, including fruit, vines, vegetables, ornamentals, tea, rice, cotton, hops, glasshouse crops, etc. Also used as a veterinary anthelintic.
  • MONOCROTOPHOS- Control of broad spectrum of pests, including sucking, chewing and boring insects, and spider mites on cotton, citrus, olives, rice, maize, sorghum, sugarcane, sugar beet, peanuts, potatoes, soyabeans, vegetables, ornamentals and tobacco.

Fungicides:

  • PROPICONAZOLE- It is used as systemic foliar fungicide with a broad range of activity. On cereals, it controls diseases caused by Cochliobolus sativus, Erysiphe graminis, Leptosphaeria nodorum, Puccinia spp.Pyrenophora teres, Pyrenophora tritici-repentis, Rhynchosporium secalis, and Septoria spp. In banana, control of Mycosphaerella musicola and Mycosphaerella fijiensis var.difformis. Other uses are in turf against Sclerotinia homecarpa, Rhizoctonia Erysiiphe graminis. In rice against Rhizoctonia solani, Helminthosporium oryzae, and dirty panicle complex. In coffee against Cercosphora spp. In stone fruit against Monilinia spp.Podosphaera spp. Sphaerotheca spp. And Traneschella spp. In maize against Helminthosporium spp.
  • MYCLOBUTANIL

Herbicides:

  • PRETILACHLOR- Herbicide effective against main annual grasses, broad-leaved weeds and sedges in transplanted and seeded rice

The agribusiness division of the Nagarjuna Group consists of the following business units:

  • Plant Nutrition
  • Crop Protection

Achievements

Nagarjuna Agrichem's product profile includes those tested and certified by best GLP Certified Independent laboratories in Europe & USA. All the products conform to national and international specifications.

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