- Next results date: the board meets on 13 Nov 2026 to consider: quarterly results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹108 Cr3,406th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 8.83%
- Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 0.00%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026.
- −3.14%
- LeverageAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 1.15times net worth
- Volume, BSEVolume. Shares traded on the last trading day.
- 2,83,729
Results
Standalone; ₹ crore, the charts by years to March, the table by quarter. No standalone results on record for the year to Mar 2020. Income from operations is what the business earns: interest on loans, fees, dividends and the rest.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 11 Aug
- Income from operationsIncome from operations. Under it, income from operations in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- ₹2.22 CrQuarter to Mar 2026: −₹0.26 Cr
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- ₹1.13 CrQuarter to Mar 2026: −₹5.59 Cr
Income from operations by year
Peak income from operations ₹12 Cr, year to Mar 2024
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 3 of the 9 years with results on record
| ₹ crore | Sep 2024Filed 6 Jan | Dec 2024Filed 4 Apr | Mar 2025Filed 30 May | Jun 2025Filed 12 Aug | Sep 2025Filed 13 Nov | Dec 2025Filed 5 Feb | Mar 2026Filed 29 May | Jun 2026Filed 11 Aug |
|---|---|---|---|---|---|---|---|---|
| Income from operations | 2.54 | 2.47 | 1.50 | 2.60 | 1.68 | 2.14 | −0.26 | 2.22 |
| Net profit | 1.09 | −0.38 | 0.10 | 1.70 | 0.98 | 0.41 | −5.59 | 1.13 |
Standalone. The last eight quarters. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, Finance & Investments, which carries all its revenue.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −37.1% | – | – | 0.0% |
| 3 years | 0.0% | – | – | 0.0% |
| 5 years | +32.6% | – | – | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Peers and competitors
Non Banking Financial Company (NBFC), 281 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to NCL Research and Financial Services in market cap. 1 company in the table last traded before then: its row is priced on its last trade.
NCL Research and Financial Services is not on the chart: it has no P/E or return on equity today
| Company | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
 Upsurge Investment and FinanceUPSURGE | 114 | 9.8 | 1.0 | 6.4 | −40.9% | −39.3% | 10.5% | 12.8% | – | – | 0.97% |
 Abhinav Capital ServicesABHICAP | 111 | 40.2 | 1.5 | 32.7 | −19.1% | – | 3.6% | 4.6% | – | – | 0.00% |
 RSD FinanceRSDFIN | 111 | – | 0.5 | 6.3 | −64.1% | – | – | 6.1% | 3.26% | 7.73% | 0.00% |
 Raama FinanceRAAMA | 109 | – | – | – | +7,573.2% | – | – | – | 12.87% | 42.22% | 0.00% |
 Panafic IndustrialsPANAFIC | 102 | 59.6 | – | – | +524.9% | – | 19.6% | – | −16.31% | 6.15% | 0.00% |
 Seksaria FinanceFINANCE | 96 | – | – | – | – | – | – | – | – | – | 0.00% |
 Titan SecuritiesTITANSEC | 86 | 6.0 | 0.8 | 76.1 | −43.2% | +36.2% | 13.7% | 1.0% | – | – | 0.00% |
 Amrapali Capital and Finance ServicesACFSL | 85 | 17.5 | 1.0 | – | +18,607.5% | +322.0% | 5.6% | – | – | – | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record; for ROCE and EV/EBITDA, where the company is a lender or an insurer; for NIM and ROA, where the company does not file a lender's accounts. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
| Ex-date | Type | Per share |
|---|---|---|
| 4 Sep 2014 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.50 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
12 Oct · Board meeting
Meeting on 13 Nov 2026: quarterly results9 Oct · Compliance-57 (5) : intimation after the end of quarter
Sep 2026
29 Sep · Meeting
NCL Research and Financial Services share price by year
Each calendar year to 2025.NCL Research and Financial Services share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 0.50 | −37.5% | 0.81 | 0.49 |
| 2024 | 0.80 | +29.0% | 1.38 | 0.65 |
| 2023 | 0.62 | +29.2% | 0.77 | 0.36 |
| 2022 | 0.48 | −70.4% | 2.96 | 0.45 |
| 2021 | 1.62 | +2,134.5% | 1.78 | 0.07 |
| 2020 | 0.07 | +52.6% | 0.10 | 0.05 |
| 2019 | 0.05 | −57.8% | 0.11 | 0.05 |
| 2018 | 0.11 | −81.4% | 0.76 | 0.11 |
| 2017 | 0.61 | −83.0% | 3.49 | 0.61 |
| 2015 | 3.56 | −15.2% | 4.13 | 3.56 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 12 Apr 2017. The change in 2017 is on the close at the end of 2015, the last year before it with a trade. The 2015 close is its last trade, on 6 Jan 2015.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 23 Oct 2026 | 0.71 | 0.71 | 0.69 | 0.69 | 0.69 | 2,83,729 |
| 22 Oct 2026 | 0.70 | 0.73 | 0.70 | 0.72 | 0.72 | 67,33,982 |
| 21 Oct 2026 | 0.71 | 0.73 | 0.70 | 0.73 | 0.73 | 77,78,904 |
| 19 Oct 2026 | 0.68 | 0.73 | 0.68 | 0.73 | 0.73 | 1,58,63,198 |
| 16 Oct 2026 | 0.65 | 0.71 | 0.65 | 0.71 | 0.70 | 1,61,44,814 |
| 15 Oct 2026 | 0.70 | 0.71 | 0.68 | 0.68 | 0.69 | 17,77,226 |
| 14 Oct 2026 | 0.70 | 0.73 | 0.69 | 0.71 | 0.73 | 78,18,767 |
| 13 Oct 2026 | 0.70 | 0.73 | 0.69 | 0.70 | 0.73 | 86,10,654 |
| 12 Oct 2026 | 0.67 | 0.70 | 0.66 | 0.70 | 0.70 | 3,28,35,526 |
| 9 Oct 2026 | 0.65 | 0.71 | 0.65 | 0.67 | 0.67 | 14,48,012 |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 27 Aug 2026 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
| 22 Aug 2022 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for. |
| 6 May 2022 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
| 2 Dec 2021 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 2 Dec 2021 | Split | 0.5000 | Each share became 2. |
| 17 Nov 2014 | Split | 0.2000 | Each share became 5. |
| 16 Oct 2014 | Bonus | 0.2000 | Holders received 4 bonus shares for every 1 held. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.
Company details
- BSE code
- 530557
- ISIN
- INE132F01038
- Industry
- Finance
- Listed
- Jun 1995
- Face value
- ₹1
- CIN
- L65921MH1985PLC284739
- Corporate identity number, the registrar of companies' code for it