15 Days Price Change
Market Cap ₹ 382Cr.
Current Price ₹ 330
Lot Size 100
52W High ₹ 340
EPS 10.08
P/B 2.5
Face Value 10
Debt to Equity 0.68
Stock P/E 32.8
Book Value ₹ 131.7
Company
52W Low ₹ 235
Demat Account Both
ISIN INE243S01010
Valuation
No. of Shares 1.16Cr.
Company Overview:
NCL BUILDTEK LTD incorporated in the year 1986. NCL Buildtek is the first company in India to manufacture putty (acrylic) and textured paint. Through the WALLS DIVISION, NCL manufactures AAC BLOCKS, DRY-MIX Cement Mortars & Wide range of Tile Adhesives. With manufacturing plants and fabrication units located in Nalgonda, Medak, Rajasthan, Andhra Pradesh, Hyderabad, Hosur, Ghaziabad, Pune, Bhubaneswar, Visakhapatnam, Guntur, Tirupati, Trichy, and a state of the art R&D unit at Kandlakoya, Hyderabad. NCL BUILDTEK LTD, (Formerly known as NCL ALLTEK & SECCOLOR LTD) is part of NCL Group comprises of ALLTEK & SECCOLOR DIVISIONS. Over period of time the product portfolio is expanded to AAC Blocks, Dry-Mix Mortars, Tile Adhesives & Flooring segments. To represent the company's entire portfolio the company is renamed as NCL BUILDTEK LTD. The Company has four successful business verticals under its realm; NCL Coatings, NCL Windoors, NCL Wall Solutions and NCL Services.
Business Segments:
NCL Buildtek has four successful business verticals under its realm:
NCL Coatings - manufactures putties, textures, wide range of emulsion paints
NCL Windows - manufactures:
- color coated GI windows
- ABS doors in collaboration with KOS, South Korea
- uPVC doors and windows in collaboration with Veka AG, Germany
- high-end aluminum windows in partnership with SCHUCO
NCL Wall Solutions - manufactures AAC blocks, dry-mix cement mortars and wide range of tile adhesives
NCL Wall Solutions:
The paints and coatings refer to substances that are used as covering of surface material of a good to prevent it from rusting, thereby increasing the life of the goods. They can also provide a better appearance to the goods while preserving its life.
According to Mordor Intelligence Analysis, paints and coatings industry in India was valued at $6.60 bn in 2020 and is expected to reach $10.16 bn by 2026, registering a CAGR growth of 7.9%. White Putty demand in India witness a CAGR of more than 9% during 2015-2019 and is anticipated to grow at around 11% during the forecast period.
Competitive Landscape: Key players of operating in the white putty market include UltraTech Cement Ltd., J.K. Cement Limited, Asian Paints Limited, AkzoNobel India Ltd., Kansai Nerolac Paints Limited, Berger Paints India Limited, Sika India Pvt. Ltd., Walplast Products Pvt. Ltd., Sakarni Plastic (India) Private Limited, Surya Wall Care Chem Pvt. Ltd., among others
AAC blocks are a precast, foam concrete, sustainable construction material made from aggregates of quartz sand, calcined gypsum, lime, portland cement, water and aluminum powder.
AAC blocks market in India is in its growth stage, the market has been stupendously in the last few years owing to increased awareness amongst the builders and architects about the several beneficial attributes of AAC blocks over clay and fly ash bricks.
According to Researchdive, the AAC blocks market in India is predicted to garner Rs. 11095.0 crores in 2027 growing from Rs. 5323.8 crores in 2019, registering a CAGR growth of 14.3%.
AAC blocks are primarily used in commercial, industrial and residential applications.
Competitive Landscape: Key players of AAC blocks manufacturing include Aerocon blocks, Siporex blocks, Biltech AAC block.
NCL Windows & Doors:
Over the past 15 years, India has witnessed an exceptional growth in the real estate sector. With more urbanisation, construction of smart cities, changing lifestyle have given a push to new building technologies and materials. uPVC (unplasticised polyvinyl chloride) is one of such building material that has gained attention. The current Indian window and door (all material) market is around INR 14,000-15,000 crore and the market share of uPVC window and door profiles is about 8-10 %.
UPVC, is low maintenance and cost effective material used in building and construction, especially in pipework and window frames.
The UPVC doors and windows sector in India has grown at 7% from 2020 to 2021. As per report by Ken Research, over the next 10-15 years uPVC window and door market is expected to grow by 30% with new and replacement sales, major drivers of this growth would be large high-rise apartments in expanding metro cities.
UPVC doors and windows provide efficient thermal insulation and help in energy conservation and is primarily used in industrial and construction sector, commercial sectors, residential sectors and others.
Competitive Strength:
Increasing central and state government finances for infrastructure development projects, public funding, and a decline in construction material prices will boost the product market growth.
Private and public partnership projects is expected to support infrastructure development in rural areas which is expected to induce immense potential to the industry size till 2024.
Future growth prospects remain bright considering the foray of company into affordable housing projects and its new Nellore plant shall help the company expand its production capacity, adding to the top line by roughly 120 crores once the plant becomes fully operational.
The Indian UPVC doors and windows market is estimated to grow at a CAGR of more than 7% from 2021-2026.
India paints and coatings market is expected to cross US$7 bn by 2023, growing at a CAGR of more than 12.87% during 2018-23. The demand of these products globally is expected to increase owing to growth of applications from end-use industries, architecture segment, regional demand, changing consumer preference for bio based products and technological advancements.
Planned development of nearly 100 smart cities across India has been projected to provide significant thrust to the UPVC segment in the coming years.
The company offers environmentally sustainable products and services with emphasis on customer satisfaction and happiness, inculcating endearing values among employees and benefiting all stakeholders. The same is evident with the acceptance of company's products by many state governments as preferred manufacturer and supplier and have been incorporated in the state SOR's for past 18 years.
The materials sector in India is a key constituent of the country's construction industry and It is the same category of stocks where NCL is involved in the discovery, development, and processing of raw materials.
During the year, the company has partnered with Tata Pravesh to provide roll-formed steel windows which will be marketed under the Tata Pravesh brand name. This provides a note-worthy business opportunity for the company. Capacity is gradually being increased and the company is currently providing about 1000 windows per month. The partnership with the firm open new avenues for the company.
Promoters and ShareHolding Pattern:
Peer Comparison:
Financials:
Source: Company Filing Form AOC-4
Source: Company Filing Form AOC-4
Source: Company Filing Form AOC-4
Valuations:
In FY22, the company's revenue decreased as the sale of manufactured goods and traded goods decreased by 8% in FY22 y-o-y. Moreover, due to the pandemic prevalence across the world and with India going into an unprecedented and complete lockdown for about 2 months in FY21, the company noticed a decline of about 7% in revenue compared to the previous year.
In FY22, the company's net profit growth became negative as the company's revenue decreased and the expenses like finance cost, depreciation and amortization expense and other expenses increased in FY22 y-o-y. The margins were subdued due to a lower capacity utilization in the first half of the year and also a significant increase in raw materials prices such as steel, uPVC and binders etc.
In FY22, the book value of the company increased.
In FY22, the cash flow from operations increased due to decrease in trade receivables in FY22 versus trade receivables in FY21.
The company's long term debt increased by 12% y-o-y due to increase in foreign currency term loan and also increase in fixed deposits from public and shareholders.
In FY22, ROE turned positive from negative in FY21.
ROCE increased in FY22 as compares to FY21.
In FY22 Debt ratio increased and current ratio decreased as compared to that of FY 21.
News:
https://wfmmedia.com/ncl-alltek-seccolor-changes-to-ncl-buildtek/
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No, SEBI does not regulate the unlisted share market but certain rules and regulations of SEBI are applicable in the unlisted market space as well, such as, the DP charges for each transaction, stamp duty, lock-in period and more.
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NCL Buildtek Limited's unlisted shares can be easily purchased at Sharescart.com by following a few easy steps. Given below are the steps involved in the buying of these shares:
Step 1 - Confirmation on the number of shares you want to purchase of NCL Buildtek Limited at a trading price.
Step 2 - Submission of the necessary document like your Client Master Report. Certain additional documents will also be asked for by our representative if required such as a cancelled cheque and your PAN Card if you are paying from a secondary bank account which is not mentioned in your CMR.
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Step 4 - The shares of NCL Buildtek Limited will reflect in your Demat account within 24 hours as soon as the payment is received and depending on the holidays. Our details would be available to you before the transfer.
NCL Buildtek Limited's unlisted shares can be easily sold at Sharescart.com by following a few easy steps. Given below are the steps involved in the of selling of these shares:
Step 1- Confirmation on the number of shares you want to sell of NCL Buildtek Limited and at what price you want to sell.
Step 2- At Sharescart, we will find a suitable buyer for you according to your requirements and if you accept the trade we will move on to the transfer and the payment aspect of the trade.
Step 3- The Sharescart representative will provide you with the Demat account details to transfer your NCL Buildtek Limited shares. They will also notify you about the additional details required from your end before the transfer of shares such as client master copy, delivery instruction slip, and more.
Step 4- Once the transfer is complete, the payment would be credited to your bank account within 24 hours, depending on the holidays.
Over the years the minimum ticket size for investment has dropped as more and more people have started investing in the Unlisted market. Currently, the minimum ticket size for NCL Buildtek Limited is between 30K to 50K.
Brokers or dealers provide you with a trading facility means you can buy and sell shares with your broker but when you buy shares the Depository holds your shares. There are mainly two depositories NSDL and CDSL.
If you want to check your shares in NSDL and CDSL you need to download the application (NSDL Speede App or CDSL myeasi).
The taxation on the NCL Buildtek Limited shares may vary depending on 2 Factors:
Short-term capital
Unlisted shares - In unlisted shares, the taxation of short-term capital gain i.e. less than 24 months is taxable according to the investor's income tax slab.
Listed Shares - In listed shares, the taxation for short-term capital gains i.e. less than 12 months is at 15%
Long-term capital
Unlisted shares - The taxation for long-term capital gain i.e. more than 24 months is taxable at 20% with indexation benefits.
Listed Shares - The taxation for long-term capital gains i.e. more than 12 months is at 10% after an exemption of 1 lakh. There are no indexation benefits in listed shares.
According to the current rule issued by SEBI last year in August 2021, the lock-in period is brought down from 1 year to 6 months. This was done to entice more investors to invest their money in pre-IPO companies and startups. The lock-in period of NCL Buildtek Limited varies depending on which type of investor you are:
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