N T C Industries Ltd.

NSE: NTCIND · Cigarettes & Tobacco Products · sector

₹123.16NSE close 2026-10-26

Key numbers

Market cap₹179 cr

Price₹123.16

52w high / low₹155 / ₹123

P/E8.7xSector median 10.3x

P/B0.9xSector median 2.7x

Book value₹144.6

Dividend yield–Sector median 2.22%

ROE9.3%Sector median 14.7%

ROCE11.2%Sector median 17.6%

OPM16.8%Sector median 14.8%

Debt / equity0.37xSector median 0.01x

EV/EBITDA13.7xSector median 13.7x

Interest cover5.3x

Current ratio3.33x

Sales growth 3y+39.0%Sector median +17.9%

Profit growth 3y+128.0%Sector median +30.3%

PEG0.07x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 6 companies in Cigarettes & Tobacco Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹3 cr vs borrowings ₹77 cr (FY26): borrowings are higher by ₹74 cr.
Operating profit covered interest 5.3x in the last 12 months.
Other income was 76% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹123.16 on 2026-10-26: -20.5% from the 52-week high, 0.0% 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 ₹282.55 · low ₹123.16

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	24	29	23	27	32	27
EBITDA	6	6	1	4	7	7
OPM %	24.3%	19.5%	2.9%	15.6%	21.4%	24.8%
Other income	4	4	7	3	2	3
Net profit	6	6	4	4	6	6
EPS (₹)	3.87	3.90	3.78	2.63	3.93	3.80
Revenue YoY					+34.6%	-9.5%
Profit YoY					+2.9%	+7.9%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	25	43	36	63	116	109
EBITDA	1	1	-1	14	21	18
Net profit	4	2	5	11	20	20
EPS (₹)	3.72	1.38	3.84	8.80	13.47	14.14
Revenue growth		+73.7%	-16.7%	+74.4%	+84.8%	–
Profit growth		-62.8%	+178.2%	+147.9%	+71.9%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+39.0%	–	–
Net profit	+128.0%	–	–
EPS	+113.7%	–	–
Share price	–	– (2y)	–

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	221	210
Borrowings	77	77
Cash & equivalents	2	3
Total assets	329	320
Fixed assets	8	8
Capital work in progress	1	2
Investments	108	87
Receivables	12	11
Inventory	9	11
Payables	7	9

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	-2	-8
Cash from investing	-29	16
Cash from financing	30	-8
Capex	0	1
Free cash flow	-2	-9

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	5.1%	9.3%
ROCE %	6.8%	11.2%
Debtor days	68	34
Inventory days	104	51
Payable days	88	43
Cash conversion cycle (days)	84	42
Working capital days	332	221

Peers in Cigarettes & Tobacco Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
GODFRYPHLP	₹25,958 cr	19.0x	4.2x	23.9%	23.9%	12.8%	+28.9%	2.22%
VSTIND	₹3,319 cr	11.9x	2.3x	20.1%	25.8%	16.9%	+7.0%	5.11%
ELITECON	₹1,069 cr	2.9x	3.1x	86.4%	45.6%	4.5%	+344.1%	0.30%
NTCIND	₹179 cr	8.7x	0.9x	9.3%	11.2%	16.8%	+39.0%	–
SINNAR	₹25 cr	34.6x	5.8x	-5.8%	-6.0%	-5.9%	-7.5%	–
RAGHUNAT	₹5 cr	4.3x	0.3x	6.5%	7.8%	29.8%	+6.5%	–

All 6 companies in Cigarettes & Tobacco Products →

Business segments (2026-06-30)

Segment	Revenue	Share	EBIT	Margin
FMCG - Cigarettes, & Other	₹15 cr	54.9%	₹3 cr	20.1%
-Food & Beverage	₹8 cr	30.0%	₹1 cr	7.9%
Rental Income	₹4 cr	15.0%	₹2 cr	57.0%
- Others	₹0 cr	0.1%	₹0 cr	0.0%

Dividends & corporate actions

Ex-date	Action	Detail
2009-09-10	Dividend	Dividend Rs 0.5
2008-09-11	Dividend	Dividend Rs 0.5
2007-09-13	Dividend	Dividend Rs 0.5

Documents

Links go to the original files on the exchange website.

About the company


Sector	Fast Moving Consumer Goods
Industry	Cigarettes & Tobacco Products
Sub-industry	Cigarettes & Tobacco Products
Symbol	NTCIND
BSE code	526723
ISIN	INE920C01017
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = NSE close 2026-10-26.