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NCL Industries Ltd Share Price Target From 2025 to 2030

NCL Industries Limited, a well-established player in the cement and building materials sector, continues to make its mark as one of the most reliable mid-cap companies in India. Known for its popular Nagarjuna Cement brand, NCL Industries has diversified into cement, ready-mix concrete (RMC), and hydro power, contributing to steady financial growth.

In this article, we’ll explore NCL Industries Ltd’s share price targets from 2025 to 2030, based on its financial trends, market performance, and industry outlook.


NCL Industries Share Price Today (As of November 2025)

Detail Value
Open ₹196.92
Previous Close ₹196.92
High ₹205.58
Low ₹194.40
Volume 1,55,597
Value (Lacs) ₹316.52
VWAP ₹199.30
Beta 1.05
Market Capitalization (Cr.) ₹920
52-Week High ₹239.39
52-Week Low ₹179.21
Face Value ₹10
All-Time High ₹304.95
All-Time Low ₹16.10
20-Day Avg. Volume 53,294
20-Day Avg. Delivery (%) 56.41%
Book Value per Share ₹189.74
Dividend Yield 1.48%

About NCL Industries Limited

Founded in 1979 and headquartered in Hyderabad, NCL Industries Ltd is one of South India’s leading integrated cement manufacturers. The company operates in multiple verticals — cement, boards, RMC, and hydropower — making it a diversified player in the infrastructure space.

With its flagship Nagarjuna Cement, NCL Industries has a strong distribution network across Telangana, Andhra Pradesh, Tamil Nadu, and Karnataka. The company’s focus on energy efficiency, modernization, and sustainability has helped it stay competitive in India’s growing construction market.

Key Highlights

  • Producer of the popular Nagarjuna Cement brand

  • Diversified operations across cement, RMC, and hydropower

  • Stable dividend yield of 1.48%

  • Low debt levels and strong book value per share (₹189.74)

  • Consistent market presence in Southern India


NCL Industries Shareholding Pattern (November 2025)

Investor Type Holding (%)
Retail & Others 54.55%
Promoters 40.92%
Foreign Institutions 4.45%
Other Domestic Institutions 0.08%
Mutual Funds 0.01%

This distribution shows healthy retail participation and stable promoter confidence, which reflects long-term trust in the company’s management and growth trajectory.


NCL Industries Share Price Target 2025 to 2030

Year Minimum Target (₹) Maximum Target (₹)
2025 200 215
2026 220 235
2027 240 260
2028 265 285
2029 290 315
2030 320 350

These targets are based on NCL Industries’ revenue trends, cement demand outlook, capacity expansion plans, and the broader growth in India’s infrastructure sector.


Year-Wise Analysis & Investment Outlook

✅ NCL Industries Share Price Target 2025: ₹200 – ₹215

In 2025, NCL Industries is expected to maintain steady performance supported by strong cement demand in Southern India.
Why:

  • Rising infrastructure and housing activity

  • Stable cement prices and cost optimization

  • Consistent dividend payouts

Investment Advice: Consider buying during market corrections; good for short- to mid-term investors.


✅ NCL Industries Share Price Target 2026: ₹220 – ₹235

By 2026, capacity utilization is expected to rise due to ongoing infrastructure projects and improved rural housing demand.
Why:

  • Cement consumption driven by government housing schemes

  • Increase in RMC production and demand

  • Solid cash flow management

Investment Advice: Hold for long-term gains; potential upside with market expansion.


✅ NCL Industries Share Price Target 2027: ₹240 – ₹260

In 2027, NCL Industries may benefit from margin expansion due to cost efficiencies and higher realization per tonne.
Why:

  • Use of renewable energy and efficiency upgrades

  • Improvement in operational margins

  • Better profitability from diversified portfolio

Investment Advice: Suitable for investors seeking stability with moderate growth potential.


✅ NCL Industries Share Price Target 2028: ₹265 – ₹285

By 2028, NCL Industries could cross ₹265, reflecting strong market sentiment.
Why:

  • Expanding product mix and RMC business

  • Higher earnings and improved net profit

  • Strong promoter confidence with ~41% holding

Investment Advice: Continue holding; suitable for SIP or staggered investing.


✅ NCL Industries Share Price Target 2029: ₹290 – ₹315

With increasing construction activities and higher cement demand, 2029 may witness another upward trend.
Why:

  • Improved cement realization and logistics network

  • Growth in southern and eastern markets

  • Better financial ratios and low volatility (Beta 1.05)

Investment Advice: Ideal for long-term investors seeking steady growth in the infrastructure segment.


✅ NCL Industries Share Price Target 2030: ₹320 – ₹350

By 2030, NCL Industries may emerge as one of the most stable mid-cap cement stocks.
Why:

  • Strong fundamentals and consistent earnings

  • Expansion in hydropower and board divisions

  • Sustained cement demand from real estate and government projects

Investment Advice: Excellent for long-term portfolio diversification; potential for wealth creation.


Should You Invest in NCL Industries for the Long Term?

Yes. NCL Industries offers a balanced risk-return profile for investors interested in the cement and infrastructure sectors. With consistent performance, a decent dividend yield, and strong promoter support, it’s a steady compounder candidate for long-term portfolios.

Key Reasons to Invest

  • Robust book value per share (₹189.74)

  • Healthy dividend yield (1.48%)

  • Strong retail investor base

  • Expanding demand in the cement sector

⚠️ Risks to Watch

  • Price fluctuations in raw materials like coal and limestone

  • Seasonal demand variations

  • Competition from larger cement manufacturers


Conclusion

NCL Industries Ltd continues to strengthen its market position with sustainable operations and diversified revenue streams. With a market cap of ₹920 crore and strong fundamentals, the company’s stock offers long-term growth potential.

Currently trading near ₹196.92, analysts project that NCL Industries shares could reach ₹350 by 2030, supported by stable earnings, infrastructure growth, and consistent demand in core markets.

For investors seeking steady returns and moderate risk exposure, NCL Industries Ltd can be a dependable choice in the cement and infrastructure space.


Frequently Asked Questions (FAQs) about NCL Industries Ltd

1. What is the current share price of NCL Industries Ltd?
As of November 2025, the share trades around ₹196.92.

2. What is NCL Industries’ 2025 target price?
The 2025 target price is projected between ₹200 and ₹215.

3. What is the long-term target for NCL Industries by 2030?
By 2030, the share price may reach between ₹320 and ₹350.

4. Is NCL Industries a good buy for long-term investors?
Yes, its solid fundamentals, strong promoter confidence, and dividend yield make it a good long-term pick.

5. What is NCL Industries’ promoter holding?
Promoters hold about 40.92% of the company’s shares.

6. What is the market capitalization of NCL Industries Ltd?
As of November 2025, the market capitalization is approximately ₹920 crore.

7. What is the dividend yield of NCL Industries?
The dividend yield is 1.48%.

8. What is the 52-week high and low of NCL Industries?
The 52-week high is ₹239.39 and the low is ₹179.21.

9. What is the face value of NCL Industries shares?
The face value is ₹10 per share.

10. Should you invest in NCL Industries now?
Yes, for investors focusing on consistent long-term returns in the cement sector, it’s a suitable addition during price corrections.


Disclaimer: This article is for educational and informational purposes only. Please consult a certified financial advisor before making investment decisions.

author

The Tax Heaven

Mr.Vishwas Agarwal✍📊, a seasoned Chartered Accountant 📈💼 and the co-founder & CEO of THE TAX HEAVEN, brings 10 years of expertise in financial management and taxation. Specializing in ITR filing 📑🗃, GST returns 📈💼, and income tax advisory. He offers astute financial guidance and compliance solutions to individuals and businesses alike. Their passion for simplifying complex financial concepts into actionable insights empowers readers with valuable knowledge for informed decision-making. Through insightful blog content, he aims to demystify financial complexities, offering practical advice and tips to navigate the intricate world of finance and taxation.

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