Nacl Industries Limited
NSE: NACLIND · Pesticides & Agrochemicals · sector
₹113.09NSE close 2026-10-26
Key numbers
Market cap₹2,650 cr
Price₹113.09
52w high / low₹245 / ₹113
P/E221.7xSector median 18.3x
P/B3.9xSector median 1.8x
Book value₹29.1
Dividend yield–Sector median 0.55%
ROE2.2%Sector median 9.3%
ROCE6.0%Sector median 12.4%
OPM5.8%Sector median 10.4%
Debt / equity0.44xSector median 0.34x
EV/EBITDA32.9xSector median 10.8x
Interest cover1.5x
Current ratio1.27x
Sales growth 3y-9.2%Sector median +1.7%
Profit growth 3y-63.6%Sector median +2.3%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 29 companies in Pesticides & Agrochemicals (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹35 cr vs borrowings ₹301 cr (FY26): borrowings are higher by ₹267 cr.
- Operating profit covered interest 1.5x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding rose by 0.60 percentage points in a year, to 53.69% (2026-09-30).
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY23, FY22).
- Net loss in 4 of the last 8 quarters.
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 29% of net profit in the last 12 months.
- Debtor days went from 157 (FY24) to 106 (FY26).
- Dividend paid in 3 of the last 5 financial years.
- Price ₹113.09 on 2026-10-26: -53.8% from the 52-week high, +0.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹319.75 · low ₹50.31
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 440 | 268 | 201 | 448 | 457 | 318 | 361 | 383 |
| EBITDA | 41 | -26 | -45 | 38 | 27 | 7 | 13 | 41 |
| OPM % | 9.3% | -9.8% | -22.1% | 8.5% | 6.0% | 2.1% | 3.7% | 10.8% |
| Other income | 3 | 1 | 1 | 1 | -0 | 0 | 2 | 2 |
| Net profit | 15 | -36 | -50 | 13 | 3 | -10 | -1 | 21 |
| EPS (₹) | 0.75 | -1.82 | 2.51 | 0.65 | 0.13 | -0.47 | -0.04 | 0.89 |
| Revenue YoY | +3.8% | +18.8% | +79.2% | -14.5% | ||||
| Profit YoY | -82.9% | – | – | +59.8% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 1,640 | 2,116 | 1,779 | 1,235 | 1,584 | 1,519 |
| EBITDA | 138 | 193 | 17 | -34 | 85 | 89 |
| Net profit | 71 | 95 | -59 | -92 | 5 | 12 |
| EPS (₹) | 3.71 | 4.78 | -2.96 | 4.62 | 0.21 | 0.51 |
| Revenue growth | +29.0% | -15.9% | -30.6% | +28.3% | +11.9% | |
| Profit growth | +34.3% | -162.1% | – | – | – | |
| Dividend / share (₹) | 0.70 | 0.60 | 0.25 | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -9.2% | +5.9% | +11.9% |
| Net profit | -63.6% | -38.3% | – |
| EPS | -64.7% | -39.7% | – |
| Share price | – | +51.8% (2y) | -41.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 574 | 511 | 427 | 683 |
| Borrowings | – | 721 | 789 | 396 | 301 |
| Cash & equivalents | – | 73 | 66 | 59 | 35 |
| Total assets | – | 1,915 | 1,818 | 1,263 | 1,364 |
| Fixed assets | – | 369 | 398 | 395 | 404 |
| Capital work in progress | – | 55 | 28 | 22 | 7 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 772 | 767 | 315 | 458 |
| Inventory | – | 491 | 347 | 266 | 283 |
| Payables | – | 485 | 330 | 296 | 284 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -124 | -20 | 50 | 469 | -104 |
| Cash from investing | -163 | -142 | -38 | 4 | -58 |
| Cash from financing | 290 | 134 | -22 | -448 | 108 |
| Capex | 138 | 146 | 39 | 33 | 30 |
| Free cash flow | -262 | -166 | 11 | 436 | -134 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 16.5% | -11.5% | -21.6% | 0.7% |
| ROCE % | – | 13.5% | -0.1% | -6.6% | 5.7% |
| Debtor days | – | 133 | 157 | 93 | 106 |
| Inventory days | – | 112 | 92 | 106 | 96 |
| Payable days | – | 111 | 87 | 119 | 96 |
| Cash conversion cycle (days) | – | 134 | 162 | 80 | 106 |
| Working capital days | – | 51 | 30 | -6 | 41 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 53.69% |
| FIIs | 0.24% |
| DIIs | 0.83% |
| of which Mutual funds | 0.00% |
| Public (non-institutions) | 45.24% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 63.64% | 63.08% | 53.09% | 53.74% | 53.74% | 53.70% | 53.69% | 53.69% |
| Promoter group | % |
|---|---|
| Coromandel International Limited | 53.68% |
| Valli Annamalai | 0.00% |
| M A M Arunachalam | 0.00% |
| Arun Alagappan | 0.00% |
| M.A.Alagappan | 0.00% |
| Lakshmi Chockalingam | 0.00% |
| Lalitha Vellayan | 0.00% |
| Meyyammai Venkatachalam | 0.00% |
| A M Meyyammai | 0.00% |
| Meenakshi Murugappan | 0.00% |
| A Venkatachalam | 0.00% |
| V Narayanan | 0.00% |
| V Arunachalam | 0.00% |
| Arun Venkatachalam | 0.00% |
| Solachi Ramanathan | 0.00% |
| Public holders above 1% | % |
|---|---|
| Krishi Rasayan Exports Private Limited | 7.84% |
| Rajesh Kumar Agarwal | 7.84% |
| KLR Products Limited | 4.62% |
| Investor Educaton and Protection Fund(IEPF) | 1.40% |
53,533 shareholders. Pledged: 0.00% of promoter shares.
Peers in Pesticides & Agrochemicals
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| UPL | ₹42,056 cr | 20.6x | 1.2x | 6.3% | 11.9% | 17.8% | -1.1% | 1.16% |
| PIIND | ₹30,704 cr | 26.3x | 2.7x | 10.5% | 13.3% | 25.3% | +1.1% | 0.74% |
| SUMICHEM | ₹17,685 cr | 30.5x | 5.2x | 18.4% | 23.1% | 21.4% | -2.7% | 0.33% |
| BAYERCROP | ₹15,009 cr | 20.5x | 5.1x | 25.2% | 31.7% | 16.0% | +3.4% | 3.75% |
| SHARDACROP | ₹5,688 cr | 9.1x | 1.8x | 22.2% | 25.8% | 19.5% | +9.2% | 1.91% |
| DHANUKA | ₹3,709 cr | 14.0x | 2.2x | 17.4% | 21.1% | 19.2% | +5.9% | 0.25% |
| RALLIS | ₹3,664 cr | 19.1x | 1.7x | 9.3% | 12.4% | 11.9% | -0.8% | 1.34% |
| NACLIND | ₹2,650 cr | 221.7x | 3.9x | 2.2% | 6.0% | 5.8% | -9.2% | – |
| BHAGCHEM | ₹2,512 cr | 91.4x | 3.6x | 4.0% | 6.1% | 13.0% | +2.2% | 0.07% |
| GSPCROP | ₹2,010 cr | 17.3x | 2.6x | -0.4% | 15.9% | 11.9% | – | 0.15% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2025-12-12 | Rights | Rights 5:31 @ Premium Rs 75.70/- |
| 2023-09-08 | Dividend | Annual General Meeting/Dividend - Re 0.25 Per Share |
| 2023-02-10 | Dividend | Interim Dividend - Re 0.15 Per Share |
| 2022-11-01 | Dividend | Interim Dividend - Rs 0.30 Per Share |
| 2022-09-15 | Dividend | Annual General Meeting/Dividend - Re 0.15 Per Share |
| 2022-02-10 | Dividend | Interim Dividend - Rs 0.15 Per Share |
| 2021-11-11 | Dividend | Interim Dividend - Rs 0.15 Per Share |
| 2021-09-16 | Dividend | Annual General Meeting/Dividend - Rs 0.15 Per Share |
| 2021-08-12 | Dividend | Interim Dividend - Rs 0.10 Per Share |
| 2021-04-06 | Dividend | Interim Dividend - Rs 0.15 Per Share |
| 2020-11-12 | Dividend | Interim Dividend - Rs 0.10 Per Share |
| 2020-09-17 | Other | Annual General Meeting |
| 2020-03-31 | Dividend | Interim Dividend - Rs 0.10 Per Share |
| 2019-08-01 | Other | Annual General Meeting |
| 2018-08-02 | Dividend | Dividend- Re 0.125 Per Share |
| 2017-07-27 | Dividend | Annual General Meeting/Dividend - Re 0.125 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Manufacturing of Chemical and chemical products
| Sector | Commodities |
| Industry | Pesticides & Agrochemicals |
| Sub-industry | Pesticides & Agrochemicals |
| Symbol | NACLIND |
| BSE code | 524709 |
| ISIN | INE295D01020 |
| Face value | ₹1.0 |
| Incorporated | 1986-11-11 |
| Website | www.naclind.com |
| Plants (India / abroad) | 3 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.