Back to marketplace
NCL BUILDTEK· ISIN INE243S01010· Hyderabad, Telangana, India· Est. 1986 Verified
NCL Buildtek Limited logo

NCL Buildtek Limited

Construction & Infrastructure
₹125+0.00%

vs. prev. close ₹125

52W High

₹137

52W Low

₹125

Market cap

₹145 Cr

IPO stage

No DRHP filed

CIN

U72200TG1986PLC006601

Price History

52W High

₹137

52W Low

₹125

About NCL Buildtek Limited

NCL Buildtek Limited is a long-established, diversified building-materials manufacturer spanning windows, doors, AAC blocks, paints and tile adhesives across 15 manufacturing units pan-India. FY26 was a margin-reset year, with aggressive uPVC pricing and a joint-venture loss pulling core profitability down sharply from FY25's one-off-gain-inflated base; the story for unlisted investors now hinges on whether management's pricing-discipline and cost measures restore profitability through FY27.

Short Version :

NCL Buildtek Limited (formerly NCL Alltek & Seccolor Ltd) is a Hyderabad-based, 40-year-old building materials manufacturer spanning uPVC/aluminium/steel windows and doors (NCL Alluro, Zylos, Optimus, ABS Doors), AAC blocks, paints, putties and textures (NCL Alltek), and tile adhesives, operating 15 manufacturing units across India. On a consolidated basis, the company reported disclosed FY26 EPS of Rs1.34 (FY25: Rs38.33, including exceptional items; Rs0.70 and Rs7.55 respectively excluding them), closing BVPS of Rs196.55 (FY25: Rs199.91, whole-Group basis), and consolidated revenue from operations of Rs430.98 crore (FY25: Rs404.20 crore), against a FY26 that saw core (pre-exceptional) profit before tax fall sharply to Rs1.48 crore from Rs12.32 crore a year earlier.


Why It Trades Where It Does :

NCL Buildtek's FY26 was a margin-pressure year rather than a growth story: consolidated revenue from operations grew modestly to Rs430.98cr (FY25: Rs404.20cr), but core PBT (excluding exceptional items) fell from Rs12.32cr to Rs1.48cr as aggressive, below-cost pricing in the Windoors (uPVC) division and intensifying competition in AAC Blocks compressed EBITDA margins from 9.4% to 6.2%. FY25's headline profitability, by contrast, was flattered by a one-off Rs45.68cr gain on the sale of the Company's stake in associate NCL Velox Limited, a gain that does not recur in FY26 and makes YoY PAT/EPS/ROE comparisons look far more volatile than the underlying business actually is. A loss at the Company's 50%-owned steel-profiles joint venture further dragged the consolidated bottom line to a marginal net loss for FY26, even as the standalone entity remained narrowly profitable. Management has responded with pricing discipline, centralised quotation management and cost-control measures, and newer businesses (Steel Doors, Aluminium) are scaling, but FY26 pricing was clearly value-destructive in parts of the portfolio.


Top Risk :

  • Core (pre-exceptional) profitability collapsed in FY26: consolidated PBT excluding exceptional items fell to Rs1.48cr from Rs12.32cr, with EBITDA margin compressing from 9.4% to 6.2%, driven primarily by below-cost pricing in the Windoors (uPVC) division and intense competitive pressure in AAC Blocks.

  • The Company's 50%-owned joint venture (NCL Buildtek & Industries, steel profiles) reported a loss whose consolidated share (Rs0.90cr) was large enough to push consolidated PAT into a marginal net loss for FY26, even though the standalone entity remained profitable.

  • FY25's reported profitability was substantially inflated by a one-off, non-recurring Rs45.68cr (consolidated) gain on sale of the Company's stake in associate NCL Velox Limited; investors comparing YoY PAT, EPS or ROE without adjusting for this will materially overstate the business's underlying earnings trajectory.

  • The Company declared/proposed a total FY26 dividend of Rs3.00 per share despite consolidated PAT being effectively nil to marginally negative for the year, implying the payout was funded from accumulated reserves rather than current-year earnings.

  • The Company's uPVC profile supply relationship with VEKA has ended (VEKA ceased supply); while alternate sourcing is in place, some pipeline orders are expected to execute at lower-than-desired margins during the transition.

Top Opportunities :

  • Management has explicitly prioritised restoring profitability through enhanced pricing controls, centralised quotation management, strengthened cost monitoring and improved cross-functional coordination, directly targeting the FY26 margin issues.

  • Newer businesses are scaling: the Steel Doors business, in its first full year of operations, achieved ~Rs11cr gross turnover with an encouraging order pipeline, and the Aluminium (Windows) business grew ~40% YoY in output.

  • Consolidated revenue from operations still grew to Rs430.98cr (FY26) from Rs404.20cr (FY25), with growth in Aluminium, uPVC volumes, Steel Doors and Tile Adhesives substantially offsetting declines in the legacy CCGI and AAC Blocks businesses — evidence of portfolio breadth and an ability to adapt product mix to market conditions.

  • A diversified, pan-India manufacturing and distribution footprint (15 units; products incorporated into state Schedule of Rates for 18+ years) provides an established base from which to rebuild margins once pricing discipline takes hold.


Disclaimer :

Priveq.in is an informational platform for unlisted and pre-IPO shares, operated by Priveq Investech Private Limited (the named counterparty on transactions). Unlisted shares carry risks including illiquidity, valuation uncertainty, and limited regulatory disclosure. This page is informational only and does not constitute investment advice.

Company Details

Industry

Construction & Infrastructure

Founded

1986

Headquarters

Hyderabad, Telangana, India

Min Lot Size

1

Face Value

₹10.00

Shares Outstanding

1,15,69,700

Regulatory Information

Corporate Identity Number (CIN)

U72200TG1986PLC006601

PAN Number

AACCA9318G

ISIN

INE243S01010

Key Valuation Ratios

As of FY2026 Annual · updated 03 Nov 2026Derived

Valuation

Market Cap

₹144.62 Cr

P/E Ratio

170.14×

P/S Ratio

0.34×

P/B Ratio

0.64×

EV / EBITDA

8.53×

Returns & Per Share

ROE

0.37%

EPS

₹0.73

Book Value / Share

₹196.55

Solvency

Debt / Equity

0.37×

Interest Coverage

1.20×

Company Fundamentals

As of FY2026 Annual · updated 03 Nov 2026

Gross Profit

₹176.80 Cr

EBITDA

₹26.73 Cr

Revenue Growth

6.63%

Profit Margin

0.20%

Performance Trends

5 annual periods · derived from filed statements

As of FY2026 Annual · updated 03 Nov 2026

Revenue

₹ Cr

Net Profit

₹ Cr · losses in red

Earnings Per Share

₹ per share

Return on Equity

ROE %

Return on Capital Employed

ROCE %

Debt-to-Equity

0.37×

EBITDA Margin

6.20%

Interest Coverage

1.20×

Financial Statements

As of FY2026 Annual · updated 03 Nov 2026
Disclosed reportedDerived calculated
Line itemFY2022FY2023FY2024FY2025FY2026
Total Income
Revenue from operationsDisclosed407.48₹ Crore450.35₹ Crore435.49₹ Crore404.2₹ Crore430.98₹ Crore
Other incomeDisclosed78₹ Lakh2.77₹ Crore1.55₹ Crore1.96₹ Crore3.2₹ Crore
Total IncomeDerived408.26₹ Crore453.12₹ Crore437.04₹ Crore406.16₹ Crore434.18₹ Crore
Expenses
Cost of goods soldDisclosed249.26₹ Crore255.7₹ Crore229.17₹ Crore219.21₹ Crore254.18₹ Crore
Purchases of stock-in-tradeDisclosed4.41₹ Crore4.44₹ Crore4.94₹ Crore4.64₹ Crore3.44₹ Crore
Changes in inventoriesDisclosed-4.74₹ Crore-4.5₹ Crore-1.67₹ Crore-7.1₹ Crore-9.33₹ Crore
Employee benefits expenseDisclosed49.62₹ Crore55.95₹ Crore60.99₹ Crore63.04₹ Crore70.58₹ Crore
Finance costsDisclosed10.73₹ Crore16.62₹ Crore15.37₹ Crore12.67₹ Crore11.4₹ Crore
Depreciation and amortization expenseDisclosed10.88₹ Crore11.08₹ Crore11.32₹ Crore11.75₹ Crore13.01₹ Crore
Manufacturing expensesDisclosed32.49₹ Crore49.91₹ Crore44.66₹ Crore40.58₹ Crore44.28₹ Crore
Other expensesDisclosed53.69₹ Crore45.43₹ Crore48.61₹ Crore49.05₹ Crore45.14₹ Crore
Total ExpensesDerived406.34₹ Crore434.63₹ Crore413.39₹ Crore393.84₹ Crore432.7₹ Crore
Profit
Exceptional itemsDisclosed9.29₹ Crore2₹ Lakh7₹ Lakh45.68₹ Crore84₹ Lakh
Profit before taxDerived11.21₹ Crore18.51₹ Crore23.72₹ Crore58₹ Crore2.32₹ Crore
Current tax expenseDisclosed1.51₹ Crore3.22₹ Crore8.6₹ Crore15.59₹ Crore77₹ Lakh
Deferred tax expenseDisclosed2.84₹ Crore1.74₹ Crore-1.27₹ Crore-1.69₹ Crore70₹ Lakh
Tax expenseDisclosed3.17₹ Crore4.96₹ Crore7.33₹ Crore13.9₹ Crore1.47₹ Crore
Profit After TaxDerived8.04₹ Crore13.55₹ Crore16.39₹ Crore44.1₹ Crore85₹ Lakh
Total Comprehensive IncomeDerived8.04₹ Crore13.55₹ Crore16.39₹ Crore44.1₹ Crore85₹ Lakh

Documents Library

Access all financial reports and filings

Annual Report

annual report 2026

2026
8.5 MB

annual report 2022

2022
4.3 MB

annual report 2023

2023
4.1 MB

annual report 2024

2024
25.3 MB

annual report 2025

2025
32.6 MB

Quarterly Report

Q1FY2026 Results of NCL Buildtek others The consol

1.7 MB

Q2FY2025 Results of NCL Builtech corporate action

1.6 MB

Q3FY2025 Results of NCL Buildtek others The consol

1.9 MB

Q3FY2026 Results of NCL Buildtek others The consol

2.4 MB

Q4FY2025 Results of NCL Buildtek others The consol

2.6 MB

Income Statement

financial result 2024

2024
2.6 MB

financial result 2025

2025
2.6 MB

Shareholding Pattern

Promoters

54.93%

Others

45.07%

M

Mr. B Subba Raju

MD

22 Yrs

LinkedIn
K

K. Satya Subram

Executive Director

28 yrs

LinkedIn
M

Mrs. P. Madhav

CFO

15+

LinkedIn

Q3FY2026 Results of NCL Buildtek others The consolidated financial results for the quarter ending Dec 31, 2025 (Q3)

others
14/02/2026

Q3FY2026 Results of NCL Buildtek others The consolidated financial results for the quarter ending Dec 31, 2025 (Q3)

Q1FY2026 Results of NCL Buildtek others The consolidated financial results for the quarter ending Jun 30, 2025 (Q1)

others
08/08/2025

Q1FY2026 Results of NCL Buildtek others The consolidated financial results for the quarter ending Jun 30, 2025 (Q1)

Q4FY2025 Results of NCL Buildtek others The consolidated financial results for the quarter and year ending Mar 31, 2025 (Q4)

others
30/05/2025

Q4FY2025 Results of NCL Buildtek others The consolidated financial results for the quarter and year ending Mar 31, 2025 (Q4)

Q3FY2025 Results of NCL Buildtek others The consolidated financial results for the quarter ending Dec 31, 2024 (Q3)

others
18/02/2025

Q3FY2025 Results of NCL Buildtek others The consolidated financial results for the quarter ending Dec 31, 2024 (Q3)

Q2FY2025 Results of NCL Builtech corporate_action The consolidated financial results for the quarter ending September 30, 2024 (Q2)

corporate action
19/11/2024

Q2FY2025 Results of NCL Builtech corporate_action The consolidated financial results for the quarter ending September 30, 2024 (Q2)

Express buy interest

No commitment — the desk will reach out

Current Price

₹125
+0.00%
Min lot: 1
Price/share₹125
Quantity100
Estimated Total₹12,500

Secure & Verified Transaction

Unlisted shares are illiquid and carry higher market risks. Please read the Risk Disclosure before investing.

Talk to a Specialist

Get expert guidance on this investment

52 Week Range
₹125
₹137

About NCL Buildtek Limited unlisted shares

Indicative · updated daily

NCL Buildtek Limited unlisted share price today

NCL Buildtek Limited unlisted share price today is ₹125 as of 12 November 2026.

NCL Buildtek Limited — frequently asked questions

What is the grey market price for NCL Buildtek Limited?

No IPO is currently announced for NCL Buildtek Limited, so no grey market exists; the price above reflects Priveq's own desk valuation.

Has NCL Buildtek Limited filed for an IPO, and when might it list?

NCL Buildtek Limited has not filed a draft red herring prospectus, so no IPO is currently announced and no listing date has been set.

How does NCL Buildtek Limited compare to its listed peers?

There is no closely comparable listed company for NCL Buildtek Limited in India today.

Is NCL Buildtek Limited on the SME or Mainboard IPO track?

NCL Buildtek Limited has not filed a draft red herring prospectus, so no IPO track is set yet.

What is NCL Buildtek Limited's CIN and registered office?

NCL Buildtek Limited's Corporate Identity Number is U72200TG1986PLC006601, registered at Hyderabad, Telangana, India.

What is NCL Buildtek Limited's market capitalisation?

NCL Buildtek Limited's market capitalisation is approximately ₹145 crore, based on its current unlisted share price.

All Construction & Infrastructure →

Buying, selling and holding unlisted shares

Applies to every company on Priveq
How do I buy NCL Buildtek Limited unlisted shares?

Priveq Investech Private Limited is the named counterparty on every transaction. To buy NCL Buildtek Limited unlisted shares: complete KYC once (PAN, Aadhaar, bank details, and demat account information — SEBI-compliant, typically approved within 24 hours), then submit your order through your Priveq dashboard specifying quantity. Our team confirms price and payment details with you directly. Once payment is confirmed, NCL Buildtek Limited shares are transferred off-market straight to your demat account, with no pooling and no middlemen.

How do I sell NCL Buildtek Limited unlisted shares?

Submit an Express Sell Interest for NCL Buildtek Limited through your Priveq dashboard, specifying quantity, the same way a buy order is placed. Priveq quotes you a bid price, which may differ from the live Buy price shown to buyers, since unlisted-share pricing works on a bid-ask basis rather than a single quote. Once you accept, you'll need to provide your Client Master List (CML), a cancelled cheque or bank details, and PAN. If you hold shares with CDSL, transfer can also be completed digitally via CDSL Easiest. You transfer NCL Buildtek Limited shares to Priveq first, and payment follows once the transfer is confirmed received, typically the same day, T+1, or occasionally T+2, communicated to you directly. For sizeable transactions worth crores of rupees, an escrow arrangement can be used instead, at the sole consent of both parties.

What is the minimum investment for NCL Buildtek Limited unlisted shares?

Minimum investment varies by company and is shown as the Min Investment figure on this page. NCL Buildtek Limited's minimum is ₹125.

Is there a maximum investment limit?

There's no fixed maximum investment limit for NCL Buildtek Limited unlisted shares. For sizeable transactions worth crores of rupees, an escrow arrangement can be used at the sole consent of both parties, the same mechanism available on the sell side.

Is buying NCL Buildtek Limited unlisted shares legal in India?

Yes. Buying and selling unlisted shares in India is legal and is subject to relevant SEBI regulations, including the mandatory lock-in period after listing, stamp duty, and depository participant charges on each transaction. Priveq's own KYC process is built to be SEBI-compliant.

What is the lock-in period for NCL Buildtek Limited unlisted shares?

NCL Buildtek Limited has not filed a DRHP yet, so no listing date or lock-in period applies at this stage. Once an IPO is filed, this answer updates to reflect the applicable SME or Mainboard lock-in.

What happens if NCL Buildtek Limited's IPO is delayed or withdrawn?

If an IPO is delayed, shares remain unlisted and continue to trade on the desk at Priveq's indicative price, with no lock-in in effect until an actual listing happens. If a company formally withdraws its DRHP, the same applies: shares stay unlisted, with no lock-in period until and unless a fresh IPO process begins.

How are capital gains on NCL Buildtek Limited unlisted shares taxed?

If you sell unlisted shares, including NCL Buildtek Limited, within 24 months of purchase, the gain is taxed as short-term capital gain at your applicable income tax slab rate. Beyond 24 months, it is taxed as long-term capital gain at 12.5 percent, without indexation benefit, under the rules effective from 23 July 2024. If NCL Buildtek Limited lists and you sell after listing, the applicable tax treatment shifts to listed-security rates, with the holding period still measured from your original unlisted purchase date. This is general information, not tax advice; investors should confirm their specific position with a tax advisor.

Can NRIs invest in NCL Buildtek Limited unlisted shares?

Yes, on a non-repatriable basis. NRIs can invest using funds from an NRO account; sale proceeds stay within India unless repatriated separately under RBI's own limits. Priveq does not currently support repatriable investment (NRE/FCNR-funded), which would require the investee company to file additional RBI paperwork as foreign direct investment.

Does Priveq charge a platform fee on top of the share price?

No. The price quoted to you is all-in; there is no separate platform fee or brokerage added on top.

How does Priveq determine the desk price for NCL Buildtek Limited?

Priveq's desk price reflects several inputs together, not a single formula: the seller's ask price at the time, current demand and supply on the platform for NCL Buildtek Limited specifically, broader sentiment in the unlisted and pre-IPO market, how NCL Buildtek Limited's sector and listed peers are trading, the company's own recent financial performance and IPO-stage developments, and recent transaction history where deals have actually closed.

Because unlisted shares trade over the counter rather than on an exchange, this price is indicative, not a continuously live quoted market price, and the actual deal price is confirmed with you directly before a transaction closes.

Is Priveq SEBI-registered? Does it give investment advice?

Priveq is not a SEBI-registered stock exchange and not a SEBI-registered investment adviser. Priveq Investech Private Limited operates Priveq.in as a research and information platform for unlisted and pre-IPO shares, and is the named counterparty on transactions executed through the platform. Nothing on this page is investment advice; it's information to help you evaluate a company and decide for yourself.

Am I eligible to invest through Priveq if I'm not an HNI?

Yes. Priveq isn't a stock exchange with membership restrictions, and investing isn't limited to HNIs. Depending on the company, entry points can start as low as ₹20,000, though the minimum for any specific company is shown as the Min Investment figure on its page.

What documents do I receive after buying unlisted shares?

You receive an email acknowledging and confirming your order, along with a deal note or invoice recording the transaction details.

What happens to my shares or money if a deal falls through?

Because Priveq is the direct counterparty on every transaction rather than just connecting a buyer and seller, this risk sits with Priveq, not with you. If a deal falls through after you've committed funds or shares, they remain safe, and Priveq guarantees a refund.

Chat with us