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NTC Industries Ltd (526723)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526723 NSE: Cigarettes/Tobacco | Small Cap | NTC Industries Share Price

₹155.50 -0.75 (-0.48%)

As on 04-Jun'26 16:59

NTC Industries Ltd (526723)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526723 NSE: Cigarettes/Tobacco | Small Cap | NTC Industries Share Price

₹155.50 -0.75 (-0.48%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹226 Cr.
Current Price
₹155.5
52-Week Low / High
₹131 / 228
TTM EPS
₹10
TTM Sales
₹101 Cr.
Book Value per Share
₹119
P/E Ratio
15.58
Lower than its 5-year historical median
Industry PE
17.7
Price to Book (P/B)
1.31
Lower than its 5-year historical median
Price to Sales (P/S)
2.24
Lower than its 5-year historical median
EV/EBITDA
11.15
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
6.24%
Outperforms industry median
Return on Capital Employed (ROCE)
8.35%
Outperforms industry median
Return on Assets (ROA)
5.12%
Operating Profit Margin
4%
Net Profit Margin
16.96%
Gross Profit Margin
22.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
41.74%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
71.24%
Asset Quality
Promoter Holding
54.34%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹158 Cr.
Equity
₹14.5 Cr.
Face Value
₹10
All Time Low / High
₹0.60 / 327.00

NTC Industries stock performance

Key Ratios
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Check Before You Invest

Valuation

Undervalued

Price Trend

Weak
Q.1 Is NTC Industries Ltd a good quality company?
NTC Industries Ltd is a weak quality company, based on a inconsistent 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 NTC Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of NTC Industries Ltd vs industry peers?
NTC Industries Ltd revenue CAGR is 26.78%, compared to the industry median CAGR of 2.43%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of NTC Industries Ltd?
Promoters hold 54.34% of the NTC Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of NTC Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 14.7% based on the current price.

10 Year X-Ray :

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.
NTC Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -0.5%2.5%1.2%11.7%8.9%17.5%9.5%4.4%7%8.4%-
Value Creation
Index
-1.0-0.8-0.9-0.2-0.40.3-0.3-0.7-0.5-0.4-

Growth Parameters

Sales 8.913.414.311.314.221.922.940.432.746.4101
Sales YoY Gr.-51%6.5%-21%25.3%54.6%4.8%76.1%-19%41.7%-
Adj EPS -0.60.21.30.21.45.23.71.32.75.410
YoY Gr.-NA682.4%-86.5%666.7%276.8%-29.8%-65.5%116.7%98.2%-
BVPS (₹) 29.232.532.935.836.943.549.550.862122.7119
Adj Net
Profit
-0.60.21.40.21.56.24.41.53.37.914
Cash Flow from Ops. -1.3-2.1-3.4-10.5-5.3-1.1-2.2-0-0.8-22.3-
Debt/CF from Ops. -3.6-1.9-1.3-0.4-0.9-4-2.5-1081.2-2.6-0.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 20.1%26.8%26.4%41.7%
Adj EPS NA31.4%14%98.2%
BVPS17.3%27.1%35.3%97.9%
Share Price 14.3% 20.3% 28.7% -22%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-1.90.64.10.53.813.57.92.54.86.28.3
Op. Profit
Mgn %
-32.5-16.6-12-36.6-20.422.54.7-2-8.149.9
Net Profit
Mgn %
-6.91.4101.710.528.4193.7101714.4
Debt to
Equity
0.20.10.10.10.10.10.10.1000
Working Cap
Days
7736508561,2201,074841933559679615190
Cash Conv.
Cycle
5021571258969937710167147

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales9131411142223403346
Operating Expenses + 12161615171722413645
Manufacturing Costs2222233660
Material Costs37875811271931
Employee Cost 4444333332
Other Costs 33246355811
Operating Profit -3-2-2-4-351-1-32
Operating Profit Margin (%) -32.5%-16.7%-12.0%-36.6%-20.4%22.5%4.7%-2.0%-8.9%4.0%
Other Income + 34595454710
Exceptional Items 00-20200020
Interest 0000000000
Depreciation 1100111111
Profit Before Tax -11044952510
Tax -00-01121103
Profit After Tax -0004364258
PAT Margin (%) -5.6%1.7%0.9%31.6%19.8%28.7%19.4%4.1%14.0%17.0%
Adjusted EPS (₹)-0.50.20.13.32.65.33.71.43.85.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of NTC 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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 313535384052596174178
Share Capital 11111111111212121215
Reserves 212425282940474962164
Debt +5454546723
Long Term Debt2222222200
Short Term Debt3222224523
Minority Interest0000000000
Trade Payables2321271137
Others Liabilities 887791512141326
Total Liabilities 465049515678788392215

Fixed Assets

Net Fixed Assets +7765557898
Gross Block1818181717182122228
Accumulated Depreciation1111121212131414140
CWIP 0000030000
Investments 1554224516108
Inventories5432384769
Trade Receivables11323655710
Cash Equivalents 0011161300
Others Assets 33343137424856555379
Total Assets 465049515678788392215

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -1-2-3-10-5-1-2-0-1-22
PBT -11042952510
Adjustment -1-2-3-8-4-3-4-1-5-6
Changes in Working Capital 1-0-1-6-3-6-3-10-25
Tax Paid -000-0-1-1-1-0-0-1
Cash Flow From Investing Activity + 3341061-411-17
Capex -0-0061-3-0-0-10
Net Investments 00-0-0-0000-2-24
Others 334555-4156
Cash Flow From Financing Activity + -2-10-0-061-0-038
Net Proceeds from Shares 00000600039
Net Proceeds from Borrowing 000-0-0-00000
Interest Paid -0-0-0-0-0-0-0-0-0-0
Dividend Paid 0000000000
Others -2-11-00-010-00
Net Cash Flow -101-106-50-0-1

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-1.570.690.379.667.1713.7282.756.816.24
ROCE (%)-0.52.521.2211.658.9117.519.474.427.038.35
Asset Turnover Ratio0.390.450.320.230.280.360.320.540.410.32
PAT to CFO Conversion(x)N/AN/AN/A-2.5-1.67-0.17-0.5-0-0.2-2.75
Working Capital Days
Receivable Days24.2018.2048.7077.405666.3077.4038.9060.5066.40
Inventory Days82.7069.4071.4078.20678590.4048.3068.3056.70
Payable Days222.10124.80114.6068.90109.70213.3012214.9045.8063.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

NTC Industries Ltd FAQs

The current trading price of NTC Industries on 04-Jun-2026 16:59 is ₹155.5.

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 03-Jun-2026 the market cap of NTC Industries stood at ₹225.8 Cr

The latest P/E ratio of NTC Industries as of 03-Jun-2026 is 15.58.

The latest P/B ratio of NTC Industries as of 03-Jun-2026 is 1.31.

The 52-week high of NTC Industries is ₹228.0 and the 52-week low is ₹130.6.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of NTC Industries is ₹101 ( Cr.) .

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

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

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

About NTC Industries Ltd

RDB Industries, an ISO 9001:2000 certified company, led by Sunderlal Dugar, is one of the leading real estate company in Eastern India. RDB Industries has pan India presence with all the necessary infrastructure, manpower, and finance. The company is a part of RDB Group, with diversified interests in tobacco & jute processing, printing & packaging, power & telecom transmission equipment and transport & logistics.

The real estate arm of the RDB Group was born in 1981, with the dream of providing a home to all. Starting from developing homes for the middle and lower income groups, the company is today into developing large townships, and retail and office spaces.

In addition to development of residential / commercial projects, the group has diversified into multiple business zones: cigarettes and tobacco, printing and packaging, containers and bags (through RDB Rasayans Ltd.), automobiles marketing (through RD Motors Pvt. Ltd.), production and installation of power transmission lines, truck terminals and warehousing. RDB Industries has its corporate headquarters in Kolkata with projects spread all over Kolkata. The company also has a strong foothold in all the rapidly growing cities of West Bengal like Haldia, Kharagpur, Midnapur, Asansol, Burdwan and other upcoming cities of India including Surat, Bikaner, Agra and Guwahati.   RDB Industries, the flagship company of the group, went public in 1994. The company has projects of over six million square feet, under construction. With the existing land bank and the acumen to identify new opportunities, it is all set to grow exponentially and be a prominent player in the real estate growth story of India. The company is now foraying into infrastructure development with a logistic hub and truck terminus at Haldia.

Current projects of the company:

Residential:

  • Regent View, Beerpara Road, Dum Dum
  • Regent Court, Raghunathpur, VIP Road
  • Regent City, Rajarhat , Kolkata
  • Regent Enclave, Kaikhali , VIP Road

Commercial:

  • Regent Centre, Uttarpara
  • Regent Centre, Annanya
  • Regent City Shopper, Howrah Maidan
  • Regent Neelambar Vihar, Dum Dum Road
  • Regent Centre, Burdwan

Achievements/ recognition:

  • RDB Industries is an ISO 9001:2000 certified company.
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