NCL Industries Limited delivered exceptional financial performance in Q3FY26, demonstrating strong operational efficiency and growth momentum. The company announced its unaudited standalone and consolidated financial results for the quarter ended 31st December 2025, showcasing significant improvement across key financial metrics.

Outstanding Financial Performance

The company's financial results for Q3FY26 reflect robust growth with net profit experiencing remarkable expansion. The standalone results show substantial improvement in profitability, driven by effective cost management and operational excellence.

Nine-Month Performance Highlights

The nine-month period ended 31st December 2025 demonstrated consistent growth trajectory with total revenue from operations reaching Rs 1,02,650.35 lakhs compared to Rs 1,02,797.62 lakhs in the corresponding period of the previous year. Net profit for the nine-month period stood at Rs 5,320.72 lakhs, representing a significant increase of 181% from Rs 1,894.39 lakhs in the previous year.

Dividend Declaration and Corporate Actions

The Board of Directors declared an interim dividend of Rs 1.50 per equity share (15% on face value of Rs 10 each) for FY 2025-26. The dividend will be paid to shareholders whose names appear in the register as on Saturday, 21st February 2026 (record date), with payment scheduled on or before 14th March 2026.

Capacity Expansion Initiative

During the quarter, NCL Industries commissioned a new 0.66 MTPA cement grinding facility at Thallapalem, near Anakapalle, Visakhapatnam, Andhra Pradesh. This strategic expansion enhanced the company's overall cement production capacity from 3.30 MTPA to 4.00 MTPA, positioning the company for future growth opportunities.

Consolidated Results and Segment Performance

The consolidated financial results include NCL Industries Limited, Tern Distilleries Private Limited (wholly owned subsidiary), Vishwamber Cements Limited (subsidiary), and NCL Buildtek & NCL Industries Joint Venture. Consolidated net profit for Q3FY26 reached Rs 1,324.42 lakhs compared to Rs 298.00 lakhs in Q3FY25.

The company operates across five key segments: Cement (manufacture and sale), Boards (cement particle boards), Ready Mix Concrete operations, Doors manufacturing, and Hydel Power generation. The cement division remained the primary revenue contributor with strong performance across the reporting period.

Governance and Compliance

The Board meeting held on 13th February 2026 also approved a postal ballot notice for the appointment of Dr. Durga Prasad Subramanyam Anapindi as an Independent Director. The e-voting process is scheduled from 2nd March 2026 to 31st March 2026. The statutory auditors expressed an unmodified opinion on both standalone and consolidated financial results, confirming the reliability of the reported figures.

NCL Industries Limited has announced the appointment of Dr. Durga Prasad Subramanyam Anapindi as an Independent Director, following a Board of Directors meeting held on January 22, 2026. The appointment marks a strategic addition to the company's leadership structure as it strengthens its board composition with experienced industry expertise.

Board Meeting Outcome and Appointment Details

The Board of Directors, acting on recommendations from the Nomination and Remuneration Committee, appointed Dr. Anapindi as an additional Director in the Independent Category. The appointment details are structured as follows:

The appointment is subject to shareholder approval, which the Board will seek either through an Extraordinary General Meeting or via Postal Ballot, in accordance with the Companies Act, 2013 and SEBI Listing Regulations.

Professional Qualifications and Experience

Dr. Anapindi brings substantial credentials to NCL Industries' board, with qualifications that include:

• Fellow Member of Institute of Cost Accountants of India (ICMAI)
• PhD in Accounting

His professional experience spans over four decades in infrastructure, finance, corporate governance, and strategic management. Dr. Anapindi has held senior board and committee leadership roles, including positions as Chairman and Audit Committee Chair, with active involvement in strengthening governance, risk management, internal controls, and compliance frameworks.

Leadership Background and Industry Contributions

Dr. Anapindi served as President of the Institute of Cost Accountants of India (ICMAI), a statutory professional body established under an Act of Parliament. During his tenure, he participated as a Member of the Company Law Committee under the Ministry of Corporate Affairs and chaired the Task Force on Costing in Healthcare for the Ministry of Health & Family Welfare.

His expertise encompasses capital structuring, mergers & acquisitions, fund-raising, business valuation, and strategic advisory across infrastructure and allied sectors. His board engagements include roles as Independent Director and Chairman of infrastructure and financial services companies.

Current Directorships and Professional Associations

Dr. Anapindi currently holds directorships and interests in several organizations:

• NCC Limited
• Swell Financial Services Private Limited
• ICMAI Social Auditors Organisation
• Truplusco India LLP

Regulatory Compliance and Meeting Details

The appointment announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting commenced at 12:15 PM and concluded at 12:45 PM on January 22, 2026. The company has provided requisite disclosures in accordance with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The appointment reflects NCL Industries' commitment to strengthening its board governance structure with experienced professionals who bring diverse expertise in corporate management, financial oversight, and strategic planning capabilities.