NCL Industries Limited disclosed that promoter Subba Raju Bhupathiraju reduced his stake through an inter-se transfer on June 9, 2026. The transaction involved the sale of 40,983 voting rights, lowering the promoter's total holding to 2,59,605 equity shares, representing 0.57% of the total paid-up share capital. The filing was submitted to the exchanges on June 11, 2026.

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to the sale, Subba Raju Bhupathiraju held 3,00,588 shares, amounting to 0.66% of the total paid-up equity share capital. The equity share capital remains unchanged at Rs.45,23,27,900, comprising 4,52,32,790 equity shares of Rs.10 each.

Details of Share Sale

NCL Industries Limited reported its audited financial results for the fourth quarter and financial year ended March 31, 2026. The company recorded a standalone net profit of ₹4,208.60 crore for Q4 FY26, compared to ₹643.82 crore in the corresponding quarter of the previous year. For the full year FY26, the standalone net profit stood at ₹9,629.30 crore, a significant increase from ₹2,538.26 crore in FY25. The Board of Directors approved the discontinuation of the Doors division due to operational and commercial challenges, recognizing an impairment loss of ₹257.54 crore relating to the assets of the division.

Q4 and Annual Financial Performance

Total income for Q4 FY26 was ₹41,154.36 crore, up from ₹38,369.60 crore in Q4 FY25. For the full year, total income increased to ₹145,385.45 crore in FY26 from ₹138,237.60 crore in FY25. The company's profit before tax from continuing operations for Q4 FY26 was ₹4,313.89 crore, while for the full year, it reached ₹13,726.96 crore.

Strategic Updates and Dividend

The Board recommended a final dividend of ₹2.00 per equity share, in addition to the interim dividend of ₹1.50 per share already paid, bringing the total dividend for FY26 to ₹3.50 per share. The dividend will be paid after shareholder approval at the Annual General Meeting. The decision to discontinue the Doors division is expected to improve the overall performance of the company.

Segment Performance

The Cement Division continued to be the primary revenue driver, contributing ₹15,000.76 crore to the total revenue for FY26. The Boards Division and Ready Mix Concrete Division reported revenues of ₹1,633.99 crore and ₹1,308.85 crore respectively for the year. The Energy Division recorded a revenue of ₹73.61 crore. The financial results were reviewed by the Audit Committee and approved by the Board.