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NACL Industries Ltd (IN:NACLIND)
:NACLIND
India Market

NACL Industries Ltd (NACLIND) AI Stock Analysis

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IN:NACLIND

NACL Industries Ltd

(NACLIND)

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Neutral 48 (OpenAI - 5.2)
Rating:48Neutral
Price Target:
₹150.00
▼(-10.79% Downside)
Action:ReiteratedDate:03/17/26
The score is primarily held back by deteriorating financial performance (sharp revenue decline and negative margins) and a strong bearish technical setup (price below all key moving averages with negative MACD). Stronger operating/free cash flow is the main offsetting positive, but valuation remains challenged given the negative P/E and no dividend yield data.
Positive Factors
Cash generation quality
Despite accounting losses, strong operating cash conversion and a large free-cash-flow improvement indicate the business actually generates cash from operations. This durable cash cushion supports working capital, funds capex or debt service, and reduces near-term refinancing risk over the next several months.
Negative Factors
Sharp revenue decline
A near-30% year-on-year revenue drop signals material demand loss or distribution/market setbacks. Such declines sap scale economics, weaken bargaining power with suppliers and distributors, and can persist absent structural fixes to commercial execution or product registrations, harming medium-term recovery prospects.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation quality
Despite accounting losses, strong operating cash conversion and a large free-cash-flow improvement indicate the business actually generates cash from operations. This durable cash cushion supports working capital, funds capex or debt service, and reduces near-term refinancing risk over the next several months.
Read all positive factors

NACL Industries Ltd (NACLIND) vs. iShares MSCI India ETF (INDA)

NACL Industries Ltd Business Overview & Revenue Model

Company Description
NACL Industries Limited manufactures and sells agrochemicals in India. The company offers a range of technical products, including myclobutanil, propiconazole, profenofos, tricyclazole, and pretilachlors; and formulations, such as insecticides, fu...
How the Company Makes Money
NACL Industries makes money mainly by selling agrochemical products to customers in domestic and export markets. Its revenue is typically generated through: (1) Branded/generic crop protection formulations sold via distribution channels to farmers...

NACL Industries Ltd Financial Statement Overview

Summary
Overall fundamentals are pressured by a weak income statement (revenue down 29.7% YoY, net margin -7.46%, negative EBIT/EBITDA), partially offset by better cash flow quality (operating cash flow to net income 4.40 and sharply improved free cash flow). Balance sheet leverage is moderate (debt-to-equity 0.93), but negative ROE reflects ongoing losses.
Income Statement
45
Neutral
Balance Sheet
52
Neutral
Cash Flow
60
Neutral
BreakdownTTMMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue13.74B12.35B17.79B21.16B16.40B11.91B
Gross Profit3.02B1.45B1.35B5.18B3.93B3.10B
EBITDA-18.90M-255.70M115.80M2.03B1.54B1.27B
Net Income-706.40M-921.30M-588.90M948.70M734.20M509.90M
Balance Sheet
Total Assets14.87B12.63B18.18B19.15B15.10B9.76B
Cash, Cash Equivalents and Short-Term Investments302.20M573.10M323.20M414.80M1.03B730.50M
Total Debt5.02B3.99B7.89B7.24B5.30B2.02B
Total Liabilities10.43B8.36B13.07B13.41B10.22B5.57B
Stockholders Equity4.44B4.27B5.11B5.74B4.88B4.19B
Cash Flow
Free Cash Flow-1.02B3.72B113.90M-1.66B-2.62B674.00M
Operating Cash Flow-894.10M4.06B504.00M-203.60M-1.24B833.60M
Investing Cash Flow-141.40M10.40M-376.60M-1.42B-1.63B140.50M
Financing Cash Flow726.40M-3.82B-218.30M1.34B2.90B-1.13B

NACL Industries Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price168.15
Price Trends
50DMA
136.43
Positive
100DMA
152.77
Negative
200DMA
187.42
Negative
Market Momentum
MACD
1.49
Negative
RSI
63.78
Neutral
STOCH
93.26
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NACLIND, the sentiment is Positive. The current price of 168.15 is above the 20-day moving average (MA) of 128.35, above the 50-day MA of 136.43, and below the 200-day MA of 187.42, indicating a neutral trend. The MACD of 1.49 indicates Negative momentum. The RSI at 63.78 is Neutral, neither overbought nor oversold. The STOCH value of 93.26 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:NACLIND.

NACL Industries Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
₹42.88B-46.403.11%10.35%
63
Neutral
₹49.15B700.000.92%0.91%18.12%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
61
Neutral
₹23.01B23.160.02%6.39%-15.53%
51
Neutral
₹25.25B-310.890.20%-4.37%-82.37%
48
Neutral
₹35.36B-87.11-13.44%-127.95%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:NACLIND
NACL Industries Ltd
151.10
7.65
5.33%
IN:BHARATRAS
Bharat Rasayan Limited
1,384.35
-939.84
-40.44%
IN:GUJALKALI
Gujarat Alkalies & Chemicals Ltd.
583.85
-6.83
-1.16%
IN:PRINCEPIPE
Prince Pipes And Fittings Ltd
228.35
-14.13
-5.83%
IN:RALLIS
Rallis India Limited
252.75
45.82
22.14%

NACL Industries Ltd Corporate Events

NACL Industries Allots 1.65 Lakh Shares Under ESOS 2020, Expands Equity Base
Mar 25, 2026
NACL Industries has allotted 165,000 equity shares under its NACL Employee Stock Option Scheme 2020, following approval by the Nomination and Remuneration Committee on March 25, 2026. The new shares, which rank pari passu with existing equity, inc...
NACL Industries Seeks SEBI-Compliant Reclassification of Zero-Holding Promoter Group Entity
Feb 3, 2026
NACL Industries Limited has notified the stock exchanges that it has submitted applications to BSE and the National Stock Exchange of India for reclassification of certain persons from the promoter/promoter group category to the public shareholder...
NACL Industries Relocates Registered and Corporate Offices in Hyderabad
Jan 30, 2026
NACL Industries Limited has shifted both its registered office and corporate office in Hyderabad, effective 28 January 2026, as part of an administrative relocation. The registered office has moved to Coromandel House on Sardar Patel Road in Secun...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Mar 17, 2026