NCL Buildtek Limited Unlisted Shares
Company Profile
NCL Buildtek Limited (CIN: U72200TG1986PLC006601), formerly known as NCL Alltek & Seccolor Limited, was incorporated on July 11, 1986, and is headquartered in Secunderabad, Telangana. As part of the ₹3,000 crore NCL Group, the company specializes in innovative building materials and construction solutions. With over 30 years of experience, NCL Buildtek operates across four business verticals—coatings, windows and doors, wall solutions, and services—serving builders, contractors, and government projects nationwide. Therefore, it has established itself as a key player in India’s construction sector, emphasizing quality, innovation, and sustainability.
Key Areas of Focus
NCL Buildtek strategically targets:
- Product Innovation: Developing eco-friendly, high-performance materials to meet evolving construction needs.
- Market Expansion: Strengthening presence in non-metro areas while scaling digital distribution.
- Sustainability: Incorporating green practices, such as energy-efficient windows and low-VOC coatings.
- Customer-Centric Solutions: Offering customized products and end-to-end services for residential, commercial, and infrastructure projects. Consequently, these focuses drive long-term growth and competitiveness.
Business Operations and Market Position
NCL Buildtek operates 17 manufacturing units across India, supported by a vast network of over 6 depots, 1,500 dealers, and partnerships with builders and government departments like Housing, MES, CPWD, and defense. Additionally, it serves 11 states with a workforce of over 3,000, achieving a turnover exceeding ₹450 crore in FY 2023. In the market, NCL Buildtek holds a strong position as a pioneer in putty and CCGI technology, competing effectively through quality control, R&D, and a pan-India presence. Moreover, its shift to comprehensive building solutions has bolstered resilience amid economic fluctuations.
Core Product Portfolio
NCL Buildtek offers a diverse range:
- Coatings: Putties, textures, emulsion paints, and white cement putty for superior wall finishes.
- Windows and Doors: uPVC, aluminum, ABS, and CCGI options, including fire-rated doors for safety and aesthetics.
- Wall Solutions: AAC blocks, dry-mix mortars, and tile adhesives for efficient construction.
- Services: End-to-end support, including installation and maintenance for seamless project execution. As a result, this portfolio caters to both retail and large-scale infrastructure demands.
Manufacturing Capabilities and Expansion Plans
NCL Buildtek boasts 17 state-of-the-art facilities in locations like Hyderabad, Nellore, Vijayawada, and Rajasthan, equipped with advanced technology for high-volume production. For instance, its R&D center in Kandlakoya drives innovation in eco-friendly materials. Looking ahead, the company plans to invest in new units, enhance automation, and expand capacity for AAC blocks and tile adhesives. Furthermore, it aims to enter new markets and boost exports, targeting a turnover of ₹500 crore by FY 2026 through strategic collaborations and digital enhancements.
Promoters & Management
| Name | Designation |
| Mrs. Rajni Mishra | Chairperson |
| Mr. K. Madhu | Vice Chairman |
| Mr. Ashven Datla | Vice Chairman |
| Mr. Kamlesh Gandhi | Independent Director |
| Mr. D. Niranjan Reddy | Independent Director |
| Mr. K. Narasaraju | Independent Director |
| Mr. K. Ravi | Director |
| Mr. P. Aditya Krishna Varma | Executive Director |
| Mr. K. Satya Subram | Executive Director |
| Mr. K.A. Reddy | Joint Managing Director |
| Mr. Bh. Subba Raju | Managing Director |
Shareholding Patterns
| Shareholder Category | Holding (%) as of 31-03-2020 |
| Promoters and Promoter Group | 68.53 |
| Public Shareholding | 31.47 |
Company Fundamentals
| Metric | Details |
| Outstanding Shares | 1,15,70,000 |
| Face Value | ₹10 per equity share |
| ISIN | INE243S01010 |
| Lot Size | 100 shares |
| Authorized Share Capital | Not specified in public records |
| Paid-up Share Capital | ₹11.57 crore |
| PAN Number | AACCA9318G |
| GST Number | 36AACCA9318G1ZQ |
| Registered Office | 10-3-162, 5th Floor, NCL Pearl, Sarojini Devi Road, East Marredpally, Secunderabad, Hyderabad-500026 |
| Incorporation Date | July 11, 1986 |
| Category / Sub-Category | Public Company limited by shares |
Financials
Income Statement (₹ Crore)
| Particulars | FY 2023 | FY 2022 |
| Revenue from Operations | 450.35 | 407.48 |
| Other Income | 2.78 | 0.78 |
| Total Revenue | 453.13 | 408.26 |
| Cost of Materials Consumed | 255.70 | 249.26 |
| Purchases of Stock-in-Trade | 4.43 | 4.41 |
| Changes in Inventories | -4.49 | -4.74 |
| Employee Benefits Expense | 55.94 | 49.62 |
| Finance Cost | 16.62 | 10.73 |
| Depreciation and Amortization | 11.08 | 10.88 |
| Other Expenses | 95.34 | 86.18 |
| Total Expenses | 436.64 | 406.35 |
| Profit Before Exceptional Items and Tax | 18.47 | 1.92 |
| Exceptional Items | 0.02 | 9.29 |
| Profit Before Tax | 18.49 | 11.21 |
| Tax Expenses | 4.95 | 3.17 |
| Profit After Tax | 13.53 | 8.04 |
| Earnings Per Share (Basic) | 16.66 | 10.08 |
| Earnings Per Share (Diluted) | 16.67 | 10.08 |
Balance Sheet (₹ Crore)
| Particulars | Mar 31, 2023 | Mar 31, 2022 |
| Property, Plant and Equipment | 153.99 | 160.60 |
| Capital Work in Progress | 7.41 | 7.31 |
| Intangible Assets | 0.08 | 0.70 |
| Right-of-use Assets | 626.65 | 633.32 |
| Investments | 3,849.42 | 3,053.95 |
| Other Financial Assets (Long-term) | 0.95 | 0.68 |
| Trade Receivables (Non-current) | 664.45 | 884.04 |
| Other Non-current Assets | 8.84 | 11.45 |
| Goodwill on Consolidation | 49.54 | 49.54 |
| Total Non-current Assets | 208.65 | 209.03 |
| Inventories | 58.87 | 57.79 |
| Trade Receivables (Current) | 8,709.31 | 8,443.29 |
| Cash and Cash Equivalents | 3.42 | 4.18 |
| Bank Balances Other Than Cash | 9.20 | 0.00 |
| Other Financial Assets (Short-term) | 5.71 | 3.41 |
| Current Tax Assets (Net) | 1.18 | 0.09 |
| Other Current Assets | 22.31 | 39.48 |
| Total Current Assets | 185.15 | 187.29 |
| Total Assets | 393.81 | 396.32 |
| Share Capital | 11.57 | 11.57 |
| Other Equity | 158.00 | 140.83 |
| Total Equity | 169.57 | 152.40 |
| Long Term Borrowings | 48.90 | 58.70 |
| Long-term Provisions | 8.26 | 8.29 |
| Deferred Tax Liabilities (Net) | 14.56 | 12.57 |
| Total Non-current Liabilities | 71.82 | 79.56 |
| Short Term Borrowings | 45.62 | 45.20 |
| Trade Payables | 36.39 | 46.65 |
| Other Financial Liabilities (Short-term) | 31.36 | 34.24 |
| Provisions | 1.12 | 1.20 |
| Other Current Liabilities | 9.57 | 37.07 |
| Total Current Liabilities | 152.40 | 164.36 |
| Total Equity & Liabilities | 393.81 | 396.32 |
Cash Flow Statement (₹ Crore)
| Particulars | FY 2022 | FY 2021 |
| Net Cash from Operating Activities | 8.72 | 40.97 |
| Net Profit before Tax & Extraordinary Items | 11.21 | -5.54 |
| Depreciation | 10.88 | 10.48 |
| Interest (Net) | 10.18 | 12.97 |
| Others | -8.20 | -0.08 |
| Total Adjustments (PBT & Extraordinary Items) | 12.86 | 23.37 |
| Op. Profit before Working Capital Changes | 24.07 | 17.82 |
| Trade & Other Receivables | -6.34 | 18.84 |
| Inventories | -18.94 | -7.69 |
| Trade Payables | 5.14 | 17.04 |
| Others | 5.93 | -3.77 |
| Cash Generated from Operations | 9.87 | 42.25 |
| Direct Taxes Paid | -1.14 | -1.28 |
| Cash Flow before Extraordinary Items | 8.72 | 40.97 |
| Net Cash Used in Investing Activities | -5.67 | -9.82 |
| Purchased Fixed Assets | -8.54 | -17.27 |
| Sale of Fixed Assets | 10.43 | 7.17 |
| Interest Received | 0.69 | 0.28 |
| Acquisition of Companies | -8.25 | 0.00 |
| Net Cash Used in Financing Activities | -4.87 | -30.34 |
| Proceed from Other Long Term Borrowings | 36.88 | 77.21 |
| Repayments of Long-term Borrowings | -28.01 | -94.16 |
| Dividend Paid | -2.89 | 0.00 |
| Interest Paid | -10.84 | -13.39 |
| Net Inc/(Dec) in Cash and Cash Equivalent | -1.82 | 0.81 |
| Cash and Cash Equivalents at Beginning | 6.00 | 5.18 |
| Cash and Cash Equivalents at End | 4.18 | 6.00 |
Annual Reports and Regulatory Compliance
NCL Buildtek adheres to MCA and other regulatory filings, with audited annual reports available for FY 2021-22 through FY 2022-23. These documents detail financial performance, governance, and risk management, ensuring transparency and compliance with Indian GAAP standards.
IPO Preparations and Market Listing Plans
NCL Buildtek has announced plans for a ₹300 crore IPO, comprising a mix of fresh issue and offer for sale. However, due to the COVID-19 pandemic, preparations remain on hold as of mid-2025. Once resumed, the listing on BSE/NSE could provide liquidity and valuation uplift for unlisted shareholders.
FAQs – How to Buy or Sell NCL Buildtek Limited Unlisted Shares
How can I buy NCL Buildtek Limited Unlisted Shares?
Register on UnlistedShareBrokers, complete KYC with PAN, Aadhaar, and demat details, search for NCL Buildtek Limited, select your lot, and place a secure buy order.
What is the minimum lot size for NCL Buildtek Limited Unlisted Shares?
Typically 100 shares, adjustable based on market availability and broker policies.
What documents are required for NCL Buildtek Limited Unlisted Shares transactions?
PAN card, Aadhaar card, Client Master Report (CMR), canceled cheque, and an active NSDL/CDSL demat account.
What is the current lock-in period for NCL Buildtek Limited Unlisted Shares?
Six months from acquisition, as mandated by SEBI for unlisted pre-IPO shares.
How are NCL Buildtek Limited Unlisted Shares transferred between accounts?
Through Delivery Instruction Slip (DIS)—submit offline to your DP or execute online via e-DIS on your broker’s platform.
What are the current valuation metrics for Tata Capital?
Note: This query references Tata Capital; for NCL Buildtek Limited, shares trade at competitive P/E ratios around 12.5x, with book value per share at ₹124.03 as of March 2023.
What makes NCL Buildtek Limited shares attractive for investment?
Strong growth trajectory, diversified portfolio across coatings and windows, pan-India presence, and impending IPO potential for liquidity.
What are the tax implications of NCL Buildtek Limited Unlisted Shares transactions?
Short-term gains (≤24 months) taxed at slab rates; long-term gains (>24 months) at 20% with indexation benefits. Dividends taxed per your income bracket.
Can I pledge NCL Buildtek Limited Unlisted Shares for loans?
Yes, subject to lender evaluation; typically 50–70% loan-to-value for quality unlisted shares.
What is the outlook for NCL Buildtek Limited’s IPO and exit opportunities?
IPO plans for ₹300 crore are on hold due to COVID-19, but resumption could offer listing gains; secondary markets provide current exits.
