NCL Holdings Unlisted Shares
NCL Holdings (A&S) Limited is a Hyderabad-based group with three businesses: chemicals, hydroelectric power and real estate and land. In FY25 its consolidated revenue from operations was ₹6,194.04 lakh.
Read the full company profile
Key facts
NCL Holdings share details
- Lot size
- 250 shares
- Min. investment
- ₹27,000
- Face value
- ₹10
- Implied market cap
- ₹62 Cr
- Shares outstanding
- 5,784,938
- Founded
- 2018
- Headquarters
- Secunderabad, Telangana
- Website
- nclholdings.in
- ISIN
- INE06DT01010
- CIN
- U65920TG2018PLC121664
- Lock-in after IPO
- 6 months
Price history
NCL Holdings share price chart
1Y change
-20.00%
High
₹135
Low
₹108
Indicative off-market dealer quotes, not exchange prices. A flat stretch means the quote did not change on those days.
About
About NCL Holdings
NCL Holdings (A&S) Limited is an unlisted public company based in Secunderabad, Telangana. It was incorporated on 5 January 2018 to take over non-building-material assets from NCL Buildtek Limited under a demerger order of the Hyderabad bench of the NCLT. Real estate and construction, and renewable energy (hydro and solar), were added later as main objects. The group's tagline names three lines of work: real estate and construction, renewable energy and chemicals.
Most of the operating business sits in its subsidiary, Kakatiya Industries Private Limited, in which NCL Holdings holds 93.73%. Kakatiya runs a chemical division and a hydro power project of 2 x 4.5 MW. The parent itself earns from selling land and flats, from rent, and from investment gains. In FY25 it sold 15 flats in Hyderabad under a development agreement and sold 2 acres of land in another state.
On a consolidated basis, revenue from operations for FY25 was ₹6,194.04 lakh against ₹5,163.44 lakh in FY24. Sale of chemicals brought in ₹2,973.78 lakh and sale of hydro power ₹1,721.11 lakh. Profit for the year after minority interest was ₹1,698.73 lakh against ₹557.97 lakh. Other income of ₹1,409.21 lakh, which includes profit on sale of current investments, helped this jump. FY24 figures were restated after Nagarjuna Cerachem Private Limited was merged into the subsidiary. Figures in this page are consolidated unless stated.
The promoter group, led by members of the Kalidindi family, held 62.01% of the 57,84,938 equity shares at 31 March 2025. The Board has proposed a final dividend of ₹1.75 per share for FY25. It has also proposed a scheme to move the hydroelectric power division of the subsidiary into NCL Holdings from 1 April 2025.
NCL Holdings has not filed a DRHP and there is no IPO on record for it yet. Unlisted shares of a company like this trade off-market between buyers and sellers, so the prices shown on IPO Guru are indicative and not an exchange price.
Strengths
- Consolidated revenue from operations grew to ₹6,194.04 lakh in FY25 from ₹5,163.44 lakh in FY24.
- Consolidated profit for the year after minority interest rose to ₹1,698.73 lakh in FY25 from ₹557.97 lakh in FY24.
- Income comes from three different lines: chemicals (₹2,973.78 lakh), hydro power (₹1,721.11 lakh) and land and flat sales, so no single line carries the whole group.
- The company has paid dividends. A final dividend of ₹1.50 per share was paid for FY24 and ₹1.75 per share is proposed for FY25.
- The promoter group held 62.01% of the equity at 31 March 2025 with no change during the year.
- Share capital is only ₹578.49 lakh, and the company holds current investments of ₹3,453.48 lakh and cash of ₹653.42 lakh at 31 March 2025.
Risks
- A large part of FY25 profit came from other income of ₹1,409.21 lakh, including profit on sale of current investments, which may not repeat.
- Standalone revenue from operations fell to ₹1,511.77 lakh in FY25 from ₹1,714.02 lakh, as land and flat sales are lumpy and depend on deals closing.
- The group carries borrowings: long-term borrowings were ₹12,779.11 lakh and short-term borrowings ₹2,632.71 lakh at 31 March 2025, and finance costs were ₹1,416.04 lakh in FY25.
- Hydro power output depends on water released by the irrigation department. The annual report says low discharge and a canal closure affected generation.
- The company holds 17,69,620 shares of its subsidiary as a pledge for borrowings, which could matter if loans are not serviced.
- Land and property sales depend on market rates and conditions. Management says it is waiting for better rates on its land in Andhra Pradesh, so the timing of sales is uncertain.
- Hydro power division profit after tax fell to ₹264.39 lakh from ₹388.39 lakh because depreciation rose under CERC guidelines.
- The proposed scheme to move the hydro division into NCL Holdings needs approvals and may change the structure and numbers of the group.
- The shares are unlisted. Trading is off-market, prices are indicative and it may be hard to find a buyer.
Financials
NCL Holdings financial performance
Revenue, profit and balance-sheet figures by fiscal year.
Revenue & PAT (₹ Cr)
Revenue
PAT
| Metric | FY25Latest | FY24 |
|---|---|---|
| Revenue (₹ Cr) | 61.94 | 51.63 |
| PAT (₹ Cr) | 16.99 | 5.58 |
| PAT Margin (%) | 27.43 | 10.81 |
| EPS (₹) | 29.36 | 9.65 |
| Total Assets (₹ Cr) | 274 | 282 |
Swipe the table sideways for earlier years →
Leadership
Management team
Raghunadh Guntupalli
Managing Director
Managing Director of the company and signatory of the FY25 accounts.
Pooja Kalidindi
Director
Director and the largest individual shareholder in the promoter group.
Ambujodar Reddy Kanala
Director
Non-executive director on the board.
Bimal Vinodrai Goradia
Director
Non-executive director on the board.
Maruti Venkata Subba Rao Poluri
Independent Director
Appointed independent director from 26 August 2025.
Dandu Venkata Satya Narasimha Raju
Independent Director
Appointed independent director from 26 August 2025.
Sarasuram Dendukuri
Chief Financial Officer
Key managerial personnel, signs the accounts as CFO.
Madhur Shrivastav
Company Secretary
Key managerial personnel, signs the accounts as company secretary.
Ready to invest?
CDSL · NSDL
T+1 SETTLEMENT
NO FEE
Buy or sell NCL Holdings unlisted shares
Get a live quote on WhatsApp in under 60 seconds. Current price ₹108. Shares are delivered to your own demat in 24–48 hours, never to a custodian.
Indicative off-market price, not an exchange quote. Read the disclaimer.
FAQs
NCL Holdings unlisted shares: common questions
Important disclaimer
Unlisted shares are not traded on stock exchanges. Prices shown are indicative and based on off-market transactions; they may differ from eventual listing or future market prices. Exit liquidity depends on counter-party availability. SEBI mandates a 6-month lock-in on pre-IPO shares post-listing. Gains held beyond 24 months are taxed at 12.5% LTCG (no indexation). IPO Guru is not a SEBI Registered Investment Advisor. Information here is for general awareness, not personalised investment advice. Please consult your tax advisor before investing.
