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← CockpitCompetitor Analysis › NACLIND.NS NACL Industries LtdOpen in the cockpit ↗

NACL Industries LtdNACLIND.NSCompetitor analysis, valuation and peers

India · INR·Chemicals›Chemicals: Agricultural
Momentum laggard 2
Mkt cap
$290M
US dollars, full cap
Free float
21%
of shares outstanding
$/day
$764,728
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-10.7 pp
WACC 18.6%
Hurdle
n/a
no reverse DCF
Close · INR₹117.21
1D-12.7%
1W+6.0%
1M-11.6%
3M-34.2%
6M-35.0%
YTD-28.4%
1Y-37.4%
ATR %6.4%
Beta1.02
52w lowhigh52.2% off high

What NACL Industries does

Employees: 2,434

NACL Industries at a glance

Size NACL Industries (NACLIND.NS) is an India Materials company (Chemicals: Agricultural) with a market value of $290M, the 1054th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹117.21 on 6 Nov 2026.

Performance Over six months the shares fell 35.0%, against -27.2% for the median peer and 0.0% for the India market (cap-weighted) — lowest of 21 in its peer set.

Growth Revenue grew 11.9% over the last twelve months (peer median +5.8%); the operating margin is 4.8% (peer median 2.8%).

Valuation It trades at 1.8× enterprise value to sales against a peer median of 1.5× (6th most expensive of 20).

Capital Return on invested capital runs 10.7 points below its cost of capital (18.6% WACC).

Relative performance

7510012511 May 202611 Aug 20266 Nov 2026Peer median 74NACLIND.NS 66
Six months, rebased to 100: NACL Industries against the median of its 20 peers (local-currency closes).

NACL Industries financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹15.2B₹15.8B₹12.3B₹17.8B₹21.2B
Revenue growth—+28%-31%-16%—
Gross profit₹3.16B₹2.25B₹770M₹1.35B₹2.71B
EBITDA₹1.06B₹1.06B-₹579M₹217M₹1.97B
Net income₹124M₹45.7M-₹921M-₹589M₹949M
Free cash flown/a-₹1.79B₹3.72B-₹619M-₹2.08B
Capital expendituren/a₹303M₹334M₹390M₹1.46B
Total debtn/a₹3.12B₹3.99B₹7.89B₹7.21B

Quarterly statements and history in the cockpit →

NACL Industries competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-30%-20%-10%0%-20%-15%-10%-5%JUBLCPL0025136601NFL6030863007961708605033300804002942600470300575RALLIS603970ATT002496EPIGRAL600731002391NACLIND.NS6-month return →1-month return →
Up and to the right = strong over both horizons. NACL Industries is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%0×2×4×6×JUBLCPL002513NFL6030863007961708605033300804002942600470300575603585RALLIS603970ATT002496600731NACLIND.NSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. NACL Industries is the large dot.

NACL Industries competitors and peer comparison

How NACL Industries compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

NACL Industries against its 20 peers (data as of 6 Nov 2026)
MeasureNACLIND.NSPeer medianRank in peer set
1-month return-11.6%-13.7%7th highest of 21
6-month return-35.0%-27.2%lowest of 21
Distance from 52-week high-52.2%-36.3%3rd lowest of 21
Revenue growth (TTM)+11.9%+5.8%9th highest of 21
Operating margin4.8%2.8%10th highest of 21
EV / Sales1.8×1.5×6th most expensive of 20
ROIC minus cost of capital-10.7 pp-0.1 pp4th lowest of 21
EV / EBITDA25.8×8.3×most expensive of 7
Net debt / EBITDA2.6×0.9×4th most indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
NACL Industries NACLIND.NSIndia$290M-35%+12%5%1.8×n/an/a
Jubilant Agri and Consumer Products JUBLCPL.NSIndia$302M+3%+20%9%1.4×24.3%+23.6%
Jiangsu Lanfeng Biochemical 002513.SZChina$310M-33%+5%-14%1.3×n/an/a
Cheerwin 6601.HKHong Kong$321M-23%+25%10%n/an/an/a
National Fertilizers NFL.NSIndia$321M-21%+23%3%0.1×n/an/a
Shandong CYNDA Chemical (Group) 603086.SSChina$322M-32%-4%1%1.2×n/an/a
BSM Chemical 300796.SZChina$326M-33%-5%1%2.2×n/an/a
Sesoda 1708.TWTaiwan$335M+11%+4%18%1.9×-7.6%+8.8%
Shaanxi Meibang Pharmaceutical 605033.SSChina$347M-26%+15%7%2.0×n/an/a
Yingde Greatchem Chemicals 300804.SZChina$348M-29%-9%1%3.6×n/an/a
Zhejiang XinNong Chemical 002942.SZChina$370M-29%+13%9%1.7×10.7%-1.4%
Anhui Liuguo Chemical 600470.SSChina$376M-31%-2%-7%1.1×n/an/a
Jiangsu Flag Chemical Industry 300575.SZChina$383M-19%+21%1%1.3×0.5%+7.5%
Suli 603585.SSChina$384M-33%+9%9%1.5×2.3%+12.3%
Rallis India RALLIS.NSIndia$389M-28%+7%10%1.2×20.1%+3.6%
Sino-Agri Leading Biosciences 603970.SSChina$403M-24%+5%2%0.4×-9.0%+11.1%
Grupa Azoty Spolka Akcyjna ATT.WAPoland$406M-24%-3%-4%0.7×n/an/a
Jiangsu Huifeng Bio Agriculture 002496.SZChina$409M-15%+40%-31%6.4×n/an/a
Epigral EPIGRAL.NSIndia$418M-33%+13%15%1.6×n/an/a
Hunan Haili Chemical Industry 600731.SSChina$459M-19%-24%11%1.5×-5.8%-3.6%
Jiangsu Changqing Agrochemical 002391.SZChina$461M-28%-2%3%1.8×n/an/a

Questions

Which companies are NACL Industries's closest peers?
The cockpit's peer set: Jubilant Agri and Consumer Products (JUBLCPL.NS), Jiangsu Lanfeng Biochemical (002513.SZ), Cheerwin (6601.HK), National Fertilizers (NFL.NS), Shandong CYNDA Chemical (Group) (603086.SS), BSM Chemical (300796.SZ), Sesoda (1708.TW), Shaanxi Meibang Pharmaceutical (605033.SS).
Is NACL Industries expensive compared with its peers?
On ev / sales it trades at 1.8× against a peer median of 1.5×, 6th most expensive of 20 in its peer set.
How has NACL Industries stock performed?
Over six months to 6 Nov 2026 the shares returned -35.0% against -27.2% for the median peer; over one year -37.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.