NCL Industries Limited , a prominent player in the Indian manufacturing sector, has disclosed significant off-market share transactions involving its promoter group entities. The transactions, which took place on November 19, 2025, showcase a reshuffling of shares within the promoter group while maintaining the company's overall equity structure.

Key Transaction Details

The off-market transactions involved two main parties within the promoter group:

Kakatiya Industries Private Ltd

• Acquired 13,157 shares
• Increased holding from 91,442 shares (0.20% of total share capital) to 104,599 shares (0.23% of total share capital)

Kalidindi Ravi

• Acquired 44,517 shares
• Increased holding from 2,928,679 shares (6.47% of total share capital) to 2,973,196 shares (6.57% of total share capital)

Transaction Overview

Implications and Company Stance

These inter-se transfers within the promoter group have resulted in a slight redistribution of shares among the promoters. However, it's important to note that the total equity share capital of NCL Industries remains unchanged at Rs. 45,23,27,900, comprising 4,52,32,790 equity shares of Rs. 10 each.

The company has made these disclosures in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, demonstrating its commitment to transparency in corporate governance.

About NCL Industries Limited

NCL Industries Limited is an ISO 9001:2015 certified company with a diverse portfolio in the manufacturing sector. The company's shares are listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), making it a significant player in the Indian capital markets.

NCL Industries Limited , a prominent player in the Indian manufacturing sector, has released its financial results for the second quarter, revealing a mixed performance with revenue growth but a significant drop in net profit.

Financial Performance Overview

NCL Industries reported a decline in net profit for Q2, despite an increase in revenue. Here's a breakdown of the key financial metrics:

The company's revenue from operations saw a modest increase of 4.44% year-over-year, rising from ₹330.38 crore to ₹345.05 crore. However, this growth in top-line performance did not translate to bottom-line improvement.

Profit Decline and Exceptional Items

Despite the revenue growth, NCL Industries experienced a substantial 25.37% decrease in net profit, which fell to ₹19.74 crore from ₹26.45 crore in the same quarter of the previous year. This decline can be attributed, in part, to exceptional items totaling ₹9.77 crore, which included:

1. Mineral-bearing cess payments
2. Provisions for diminution in the value of joint venture investments

These exceptional items have significantly impacted the company's profitability for the quarter.

Board Meeting and Financial Result Approval

As per the LODR (Listing Obligations and Disclosure Requirements) disclosure, NCL Industries' Board of Directors convened on November 14 to review and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30. The meeting, which began at 1:00 pm and concluded at 2:15 pm, resulted in the approval of these financial statements.

Auditor's Opinion

It's noteworthy that the statutory auditors have expressed an unmodified opinion on both the standalone and consolidated financial results for the second quarter and half-year ended September 30. This indicates that the financial statements are free from material misstatements and have been prepared in accordance with the applicable accounting standards.

Conclusion

While NCL Industries has managed to grow its revenue, the significant drop in net profit, partly due to exceptional items, presents a challenging quarter for the company. The company's transparency in reporting these results, including the detailed disclosure of exceptional items, demonstrates its commitment to keeping shareholders informed about its financial position and performance.