Diversified • Chemicals, hydro power and real estate

NCL Holdings (A&S) Limited is an unlisted public company based in Secunderabad, Telangana. It was incorporated on 5 January 2018 to take over non-building-material assets from NCL Buildtek Limited under a demerger order of the Hyderabad bench of the NCLT. Real estate and construction, and renewable energy (hydro and solar), were added later as main objects. The group's tagline names three lines of work: real estate and construction, renewable energy and chemicals. Most of the operating business sits in its subsidiary, Kakatiya Industries Private Limited, in which NCL Holdings holds 93.73%. Kakatiya runs a chemical division and a hydro power project of 2 x 4.5 MW. The parent itself earns from selling land and flats, from rent, and from investment gains. In FY25 it sold 15 flats in Hyderabad under a development agreement and sold 2 acres of land in another state. On a consolidated basis, revenue from operations for FY25 was ₹6,194.04 lakh against ₹5,163.44 lakh in FY24. Sale of chemicals brought in ₹2,973.78 lakh and sale of hydro power ₹1,721.11 lakh. Profit for the year after minority interest was ₹1,698.73 lakh against ₹557.97 lakh. Other income of ₹1,409.21 lakh, which includes profit on sale of current investments, helped this jump. FY24 figures were restated after Nagarjuna Cerachem Private Limited was merged into the subsidiary. Figures in this page are consolidated unless stated. The promoter group, led by members of the Kalidindi family, held 62.01% of the 57,84,938 equity shares at 31 March 2025. The Board has proposed a final dividend of ₹1.75 per share for FY25. It has also proposed a scheme to move the hydroelectric power division of the subsidiary into NCL Holdings from 1 April 2025. NCL Holdings has not filed a DRHP and there is no IPO on record for it yet. Unlisted shares of a company like this trade off-market between buyers and sellers, so the prices shown on IPO Guru are indicative and not an exchange price.
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Data refreshed 08 Nov 2026, 10:00 pm IST.