NCL Industries Limited has informed the Exchange regarding 'Disclosure on Production and Dispacth details for quarter and Nine months ended 31st December 2025'.
NCLIND · price
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NCL Industries reported its Q3 FY26 production and dispatch volumes across cement, cement particle boards, ready-mix concrete (RMC), doors, and hydro power. Cement production grew 5% YoY to 6.95 lakh MT and dispatches also rose 5% to 6.93 lakh MT, with 9-month cement volumes up 2-3%. However, cement boards dispatches fell 25% in Q3 and 32% for 9M. RMC volumes dropped 18% YoY in Q3 and 15% for 9M. The door business nearly collapsed with Q3 production down 100% YoY (just 42 units versus 8,680 last year) and 9M down 93%. Hydro power generation rose 2% in Q3 and 6% for 9M.
The core cement business is holding up well with steady low-single-digit volume growth, which is the key revenue driver. However, sharp declines in boards, RMC, and an almost complete shutdown of the doors segment raise concerns about non-core businesses and could weigh on overall revenue and margins if trends persist.