ABOUT

NCL Buildtek Ltd (formerly NCL Alltek & Seccolor Limited) was incorporated in 1989 is an Unlisted Public Limited Company. The Company is engaged in manufacturing and selling spray plasters, paints, skim coat, steel profiles, doors, windows (Steel, ABS & uPVC) and fly ash bricks has established themselves in the market as the manufacturers and suppliers of comprehensive doors and windows solutions. These products are as per the international standards & widely recognized within the industry.

The Company is operating in three different verticals namely: -

Windoors: NCL has started manufacturing pre-painted steel doors, windows, partitions, glazing etc., with technology from Italy and marketing the products under the brand name of “Seccolor”. It is also into the fabricating uPVC Doors, Windows & ABS Doors.

Coating: It was the first to start manufacturing acrylic based putties (spray plasters) in India and today it is the largest manufacturer of spray plasters in India. It also manufactures emulsion paints including textured paints, white cement based putty and other cement-based products like tile adhesives, mortars and plasters.

Walls: The fly ash bricks manufacturing has started at multiple locations, catering to the ongoing demand & future perspectives of the product which has become very popular at construction sites across the nation.

These products are rated as world class and follow international standards. The success of the firm can be accredited to their undying zeal to excel and provide the maximum possible customer satisfaction.

Financial Highlights

Revenue from operation shoots up to INR 453.62 crores as compared to INR 408.26 a year ago, which shows the growth rate of 11.11%. On a standalone basis, EBIDTA for FY23 was INR 45.91 crore compared to FY22, INR 23.20 crore. Net profit surged by 48% and earned INR 13.5 crore.

Financial Highlights (INR Crore)

DESCRIPTION Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17
Gross Sales 453.62 408.26 303.70 329.97 435.97 320.61 356.59
PBT 18.22 11.21 -5.55 19.73 48.17 65.77 26.11
PAT 13.44 6.95 -6.70 17.36 30.96 49.49 17.93
Cash Flow from Operations 39.42 10.10 41.52 12.86 10.35 86.31 -6.22
Cash Flow from Investing -5.43 -6.99 -10.37 -46.15 -49.97 -31.67 -6.81
Cash Flow from Finance -25.51 -4.92 -30.34 22.76 47.27 -45.88 18.09
Debt to Equity 0.80 0.90 0.83 0.91 0.76 0.29 0.97
Current Ratio 1.21 1.13 1.26 1.26 1.30 1.39 1.52
EPS 11.61 6.02 -5.08 17.18 54.78 87.82 31.00
  • Return on Equity improved in FY23 to 8.52% as compared to 4.89% in FY22 due to an increase in overall profitability.
  • Inventory turnover for fiscal year 2023 is at 4.54 as compared to 5.28 in FY22.
  • The Net Profit ratio for FY23 stood at 2.92 as compared to 1.71 in FY22.

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Products

They have established state-of-the-art manufacturing facilities that are equipped in accordance with the latest technological standards. Through their standardized production process, they can manufacture supreme products that are uniform in quality in large quantities. The finished products are graded on several parameters after the through quality check before they can qualify for sale to the customers.

Doors and Windows

Presence in India

They offer a vast range of quality products such as doors, windows, glazing and much more to their clients at most economical prices. Our entire product range is developed in compliance with predefined industrials standards and conform to international quality standards. These products are developed at our manufacturing unit under the supervision of experts.

NCL partnership with Tata Pravesh continues to grow with the Company currently supplying about 1000 windows a month with plans for expansion currently underway.

These are some of of their prestigious clients: Hyundai Toyota Bharat Petroleum HP BSNL Tata IIIT ONGC Wipro NCC Nippo Sail, Indian Oil.

The Company enhanced its focus to cater to the north market which has started yielding results where the company is seeing growth in excess of 40%.

Key Personnel

Bh. Subba Raju – Managing Director

Rajni Mishra – Chairperson & Independent Director

Madhavi Bangalore – Chief Financial Officer

For any queries, reach out to: unlisted@rurashfin.com or Call: +91 224157 1111