NCL Industries Approves Discontinuation of Doors Division, Recognizes Impairment
NCL Industries Limited announced on May 29, 2026, the outcome of its Board Meeting, approving the audited stand alone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. The company also announced a strategic decision to discontinue the operations of its Doors division amid ongoing operational and commercial challenges.The Board of Directors recognized an impairment loss of Rs. 2575.37 lakhs pertaining to the assets of the Doors division. The management stated that this discontinuation is expected to improve the overall performance of the Company.
In addition to the operational restructuring, the Board recommended a total dividend of 35% for the financial year 2025-26. This recommendation combines a final dividend of 20% (Rs. 2.00 paise per Equity Share) with an existing interim dividend of 15% (Rs. 1.50 paise per equity Share). The total dividend is subject to approval by the shareholders at the Annual General Meeting.
Financial Highlights for FY 2025-26
The financial results for the year ended March 31, 2026, showed a Net Profit for the year (from continuing operations) of 12,365.14 lakhs (Standalone) and 12,374.99 lakhs (Consolidated).The company reported a total comprehensive income of 9,769.28 lakhs (Standalone) and 12,374.99 lakhs (Consolidated) for the year.
| Metric (in Rupees Lakhs) | Standalone (Year Ended 31-Mar-26) | Consolidated (Year Ended 31-Mar-26) |
|---|---|---|
| Total Revenue from Operations | 1,42,208.44 | 1,42,208.44 |
| Total Income | 1,45,365.45 | 1,45,365.51 |
| Total Expenses | 1,30,661.29 | 1,30,661.85 |
| Profit Before Exceptional Items | 14,704.16 | 13,726.46 |
| Net Profit for the Year | 12,365.14 | 12,374.99 |
Financial Position as of March 31, 2026
The Balance Sheet data for the financial year ended March 31, 2026, showed the following key figures:| Particulars (in Rupees Lakhs) | Standalone (As at Mar 31, 2026) | Consolidated (As at Mar 31, 2026) |
|---|---|---|
| Total Assets | 1,57,430.64 | 1,57,430.64 |
| Total Equity and Liabilities | 1,57,430.64 | 1,57,430.64 |
| Property, Plant and Equipment | 1,10,881.98 | 1,10,881.98 |
| Trade Receivables | 11,833.42 | 11,833.42 |
| Cash & Cash Equivalents | 331.01 | 331.01 |
| Other Equity | 89,496.93 | 89,496.93 |
| Borrowings | 14,932.87 | 14,932.87 |
| Other Financial Liabilities | 9,482.72 | 9,482.72 |
Cash Flow Summary
The net cash inflow from operating activities for the period was 14,571.47 lakhs (Standalone) and 8,620.13 lakhs (Consolidated). This was achieved after considering adjustments including Depreciation and amortisation expense of 5,778.95 lakhs (Standalone) and impairment on Property, Plant and equipment of 1,467.86 lakhs (Standalone).The company recorded a net cash outflow from investing activities amounting to (10,766.44 lakhs) (Standalone) and (11,115.18 lakhs) (Consolidated).
The total dividend recommendation for the 2025-26 financial year is 35% (Rs. 3.50 paise per Equity Share), which will be paid after obtaining necessary shareholder approvals.
NCLIND Stock Price Movement
Today, NCL Industries Limited shares edged higher to close at ₹183.52, recording a notable gain of 9.48%. The stock's positive momentum was supported by high trading activity, moving on a volume of 548,759 shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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