NCLRESE.BO · BSE

NCL RESEARCH & FINANCIAL SERVI

₹0.74

+1.37% (+₹0.01)

Prev. close

₹0.73

Volume

7,63,468

As of

25 Sept 2026

Price history

₹0.74+₹0.23 (+45.10%) · 3M
24 Jun 2026 → 25 Sept 2026
₹0.85₹0.4524 Jun17 Jul11 Aug02 Sept25 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on NCL RESEARCH & FINANCIAL SERVI in the last 90 days.

Fundamentals

About NCL RESEARCH & FINANCIAL SERVI

NCL Research & Financial Services Limited, a non-banking financial company, engages in finance and investment activities in India. The company invests and trades in shares and securities in equity and FNO segments. It also provides secured and unsecured loans. In addition, the company trades in commodities and textiles. Further, it is involved in the other capital market-related activities. The company serves micro, small, and medium enterprises (MSMEs), small and medium enterprises (SMEs), corporates, and non-corporates. NCL Research & Financial Services Limited was incorporated in 1985 and is based in Mumbai, India.

Details

Sector

Financial Services

Industry

Credit Services

CEO

Mr. Goutam Bose

Headquarters

Mumbai

Employees

8

Website

nclfin.com

Key stats

Market cap

₹78.13 Cr

EPS (TTM)

₹-0.03

Beta (1Y · daily vs NIFTY 50)

0.65

Beta (5Y · monthly vs NIFTY 50)

0.54

Shares float

106.44 Cr

EPS · quarter ended Jun 2026

₹0.01

Financial Performance

01 · Financials

-10 Cr0 Cr10 Cr20 Cr₹-100%0%100%200%FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY23 growth needs FY22 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

-0-000₹FY23FY24FY25FY26

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-100%0%100%200%FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr50 Cr100 Cr150 Cr₹0×0.03×0.05×0.07×0.1×FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr50 Cr100 Cr150 Cr₹FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

Other assets floored at zero for years where fixed and current assets exceeded reported total assets.

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-40 Cr-20 Cr0 Cr20 Cr₹FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY22FY23FY24FY25FY26
—₹3.91 Cr₹11.49 Cr₹4.81 Cr₹5.84 Cr
EBITDA—₹85.25 L₹2.06 Cr₹-73.81 L₹-72.88 L
—₹60.07 L₹1.61 Cr₹-1.36 Cr₹-2.60 Cr
Diluted EPS—₹0.01₹0.02₹-0.01₹-0.02

Revenue, Depreciation & amortisation, EBITDA, Net income, Pretax income, Tax provision, Interest expense, Diluted EPS have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY23FY24FY25FY26
₹129.04 Cr₹113.23 Cr₹122.48 Cr₹121.78 Cr
₹0₹0₹0₹0
Stockholders' equity₹124.12 Cr₹110.74 Cr₹112.95 Cr₹109.65 Cr

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY23FY24FY25FY26
₹-24.46 Cr₹-20.21 Cr₹-17.47 Cr₹88.43 L
Investing cash flow₹-24.54 Cr₹20.38 Cr₹16.90 Cr₹-4.27 L
Financing cash flow₹48.86 Cr₹-5.87 L₹65,000₹-59.69 L
Capital expenditure——₹-1.18 L₹-94,000
End cash position₹71.54 L₹82.58 L₹25.53 L₹50.01 L

Capital expenditure has filed figures for only some of the years shown — the missing years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

12 · Peer Comparison

Financial Services

Company
HDFC Bank Limited₹11.34 L Cr₹735.616.11.398.6%0.81+4.7%-22.6%
ICICI Bank Limited₹9.58 L Cr₹1,326.817.32.6414.9%0.57+9.1%-3.6%
State Bank of India₹9.07 L Cr₹98310.71.5214.0%1.22+9.2%+14.1%
Bajaj Finance Limited₹6.49 L Cr₹98232.45.6916.7%3.10+19.7%-4.6%
Life Insurance Corporation Of India₹5.14 L Cr₹409.058.52.9132.5%—+8.7%-53.9%
Kotak Mahindra Bank Limited₹4.04 L Cr₹40420.32.2310.6%0.53-0.3%-79.9%
Axis Bank Limited₹3.69 L Cr₹1,222.414.01.7212.3%1.30+4.0%+4.8%
Bajaj Finserv Limited₹2.95 L Cr₹1,762.328.83.7912.6%4.64+13.6%-14.8%
Shriram Finance Limited₹2.33 L Cr₹994.117.53.5315.2%2.76+13.9%+62.2%
SBI Life Insurance Company Limited₹1.76 L Cr₹1,74267.89.2312.9%—-4.3%-3.7%
ICICI Prudential Asset Management Company Limited₹1.57 L Cr₹3,184.645.937.5579.1%—+23.1%—
NCL RESEARCH & FINANCIAL SERVI₹78.13 Cr₹0.73—0.71-2.4%0.00+21.3%+17.7%

Ranked by market cap within Financial Services, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

NCLRESE.BO

NCL Research & Financial Services Approves ₹499.49 Cr Rights Issue

InvestyWise · 1 month ago