NCL Buildtek Limited Unlisted Shares FY24 results are out. The company is engaged in manufacturing and selling spray plasters, paints, steel profiles, and fly ash bricks. Additionally, it manufactures and sells doors and windows made from steel, ABS, and uPVC. So, let’s take a quick look at its FY24 results in just one minute!
- Revenue: Dropped by 3.30% to ₹435.48 crore.
- PAT (Profit After Tax): Increased by 21.06%.
- EPS (Earnings Per Share): Rose by 26.15% to ₹21.03.
Now, coming to the main point: in terms of valuation, NCL Buildtek appears to be overvalued. The company’s EV/EBITDA ratio is 8.3x, while its industry peers range between 15-20x. Its P/E ratio is also high at 23.6, compared to the industry median P/E of 14.1.
For this reason, we are recommending selling NCL Buildtek Limited Pre IPO Shares.
About NCL Buildtek Limited:
NCL Buildtek Limited is a prominent player in the construction and building materials sector, operating under the NCL Group. With a rich legacy spanning over three decades, the company offers a diverse range of high-quality products, including windows, doors, putties, wall paints, and textures. Their extensive distribution network and commitment to innovation have solidified their position as a key player in the market. NCL Buildtek's focus on quality, durability, and customer satisfaction has earned them a strong reputation and a loyal customer base.
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