- 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
Who owns NCL Research and Financial Services, filing by filing
Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.
Sep 2026 filing
- PromotersNone
- Indian institutionsNone
- GovernmentsNone
- Individuals and others100.00%
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Indian institutions
- Governments
- Individuals and others
| Per cent | Dec 2016Filed 17 Jan | Mar 2017Filed 11 Apr | Jun 2017Filed 15 Jul | Sep 2017Filed 14 Oct | Dec 2017Filed 16 Jan | Mar 2018Filed 14 Apr | Jun 2018Filed 13 Jul | Sep 2018Filed 11 Oct | Dec 2018Filed 11 Jan | Mar 2019Filed 17 Apr | Jun 2019Filed 11 Jul | Sep 2019Filed 12 Oct | Dec 2019Filed 20 Jan | Mar 2020Filed 16 May | Jun 2020Filed 30 Dec | Sep 2020Filed 31 Dec | Dec 2020Filed 25 Jan | Mar 2021Filed 9 Apr | Jun 2021Filed 8 Jul | Sep 2021Filed 11 Oct | Dec 2021Filed 11 Jan | Mar 2022Filed 16 Apr | Jun 2022Filed 11 Jul | Sep 2022Filed 17 Oct | Dec 2022Filed 10 Jan | Mar 2023Filed 11 Apr | Jun 2023Filed 20 Jul | Sep 2023Filed 11 Oct | Dec 2023Filed 8 Jan | Mar 2024Filed 9 Apr | Jun 2024Filed 15 Jul | Sep 2024Filed 9 Oct | Dec 2024Filed 9 Jan | Mar 2025Filed 8 Apr | Jun 2025Filed 17 Jul | Sep 2025Filed 13 Oct | Dec 2025Filed 14 Jan | Mar 2026Filed 10 Apr | Jun 2026Filed 18 Jul | Sep 2026Filed 9 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 1.52% | 1.52% | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | |
| Indian promoters | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% | 1.52% | 1.52% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 97.21% | 98.48% | 98.48% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Shares in issue | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 14,54,25,000 | 58,17,00,000what Shares in issue, Dec 2021, includes. Bonus issue on 2 Dec 2021: 1 new share for every 1 held. Split on 2 Dec 2021: each share became 2. Earlier filings count the shares before them. | 58,17,00,000 | 1,07,03,28,000 | 1,07,03,28,000 | 1,07,03,28,000 | 1,07,03,28,000 | 1,07,03,28,000 | 1,07,03,28,000 | 1,07,03,28,000 | 1,07,03,28,000 | 1,07,03,28,000 | 1,07,03,28,000 | 1,07,03,28,000 | 1,07,03,28,000 | 1,07,03,28,000 | 1,07,03,28,000 | 1,07,03,28,000 | 1,07,03,28,000 | 1,07,03,28,000 | 1,56,98,14,400 |
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “None” is a filing that names no promoter holding shares. “Under 0.01%” is a holding of shares too small to show at two decimals.
Largest public holders of NCL Research and Financial Services, filing by filing
Per cent, on the same shares as the split above.
| Holder | Dec 2016Filed 17 Jan | Mar 2017Filed 11 Apr | Jun 2017Filed 15 Jul | Sep 2017Filed 14 Oct | Dec 2017Filed 16 Jan | Mar 2018Filed 14 Apr | Jun 2018Filed 13 Jul | Sep 2018Filed 11 Oct | Dec 2018Filed 11 Jan | Mar 2019Filed 17 Apr | Jun 2019Filed 11 Jul | Sep 2019Filed 12 Oct | Dec 2019Filed 20 Jan | Mar 2020Filed 16 May | Jun 2020Filed 30 Dec | Sep 2020Filed 31 Dec | Dec 2020Filed 25 Jan | Mar 2021Filed 9 Apr | Jun 2021Filed 8 Jul | Sep 2021Filed 11 Oct | Dec 2021Filed 11 Jan | Mar 2022Filed 16 Apr | Jun 2022Filed 11 Jul | Sep 2022Filed 17 Oct | Dec 2022Filed 10 Jan | Mar 2023Filed 11 Apr | Jun 2023Filed 20 Jul | Sep 2023Filed 11 Oct | Dec 2023Filed 8 Jan | Mar 2024Filed 9 Apr | Jun 2024Filed 15 Jul | Sep 2024Filed 9 Oct | Dec 2024Filed 9 Jan | Mar 2025Filed 8 Apr | Jun 2025Filed 17 Jul | Sep 2025Filed 13 Oct | Dec 2025Filed 14 Jan | Mar 2026Filed 10 Apr | Jun 2026Filed 18 Jul | Sep 2026Filed 9 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AYODHYA VINCOM PRIVATECompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 3.82% |
| ARYADEEP TIE UP PRIVATE LIMITEDCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 3.50% |
| AMIT DASResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.54% |
| KHOOBSURAT LIMITEDCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.29% |
| FRATERNIZE DEALCOMMCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.23% |
| PETREA VINCOM PRIVATECompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.23% |
| RUPASI TRADERS PRIVATE LIMITEDCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.23% |
| BLUE LAGOON TRADING PRIVATE LIMITEDCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.72% |
| GCM CAPITAL ADVISORS LIMITEDCompanies | – | – | – | – | 1.10% | 1.10% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.59% |
| CELOSIA VINCOM PRIVATECompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.59% |
| EPIPHANY SALESCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.59% |
| JIGNESH AMRUTLAL THOBHANIResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.59% |
| VIJAY KUMAR AGGARWALResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.29% |
| RITU PATWARIResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.24% |
| KATYANI COMMODITIES PRIVATE LIMITEDCompanies | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 2.57% | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% | 1.39% | – |
| HELOT PROPERTIES PRIVATE LIMITEDCompanies | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 2.02% | 1.91% | 1.91% | 1.91% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | 1.04% | – |
| VALLIYAPPAN LAKSHMANANResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.03% | 1.03% | – |
| INDRAWATI ENTERPRISES PRIVATE LIMITEDCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.46% | – | – | 1.87% | 1.64% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| TEJAS TRADEFIN LLPOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.42% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| TOPGAIN FINANCE PRIVATE LIMITEDCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.04% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| PMC FINCORP LIMITEDOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 18.69% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| VISAGAR FINANCIAL SERVICES LIMITEDOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 17.27% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| VISHAL TILOKCHAND KOTHARIResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 3.97% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| JAYANTA BOSEResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | 4.15% | 4.15% | 4.15% | 4.15% | 4.15% | 4.15% | 4.15% | 4.15% | 4.15% | 4.15% | 4.15% | 4.15% | 4.15% | 4.15% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| FAIR DEAL EQUIRESEARCH AND REALTORS PRIVATE LIMITEDOther non-institutions | 1.72% | 1.72% | 1.72% | 1.72% | 1.72% | – | 1.72% | – | 1.72% | 1.72% | – | – | 1.72% | 1.72% | 1.72% | 1.72% | 1.72% | 1.72% | 1.72% | 1.72% | 1.72% | 1.72% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| CHAYA ASHOK AGRAWALResident individuals, over ₹2 lakh at face value | – | – | – | – | – | 1.19% | – | – | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% | 1.19% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| OVERLOAD FINANCIAL ADVISORY PRIVATE LIMITEDOther non-institutions | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | 4.33% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| CORE COMMODITIES PRIVATE LIMITEDOther non-institutions | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% | 2.92% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| ALPHA LEON ENTERPRISES LLPOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.35% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| AYAAN COMMERCIAL PRIVATE LIMITEDOther non-institutions | 1.41% | 1.41% | 1.41% | 1.41% | 1.41% | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| GOODSHINE DEALTRADE PRIVATE LIMITEDOther non-institutions | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% | 5.68% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| ANITA ROYResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 4.43% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| EVERSTRONG VINCOM PVT LTDOther non-institutions | 3.73% | 3.73% | 4.03% | 4.03% | 4.03% | 4.03% | 4.03% | 4.03% | 4.03% | 4.03% | 4.03% | 4.03% | 4.03% | 4.03% | 4.03% | 4.03% | 4.03% | 3.92% | 3.92% | 4.03% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SWADHINATA VINTRADE PRIVATE LIMITEDOther non-institutions | 3.71% | 3.71% | 3.71% | 3.71% | 3.71% | 3.71% | 3.71% | 3.71% | 3.71% | 3.71% | 3.71% | 3.71% | 3.71% | 3.71% | 3.71% | 3.71% | 3.71% | 3.22% | 3.22% | 3.71% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| RAHUL KUMARResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.77% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SANDARV TRADING PRIVATE LIMITEDOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.37% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| TANAYA VINCOM PRIVATE LIMITEDOther non-institutions | – | – | – | – | 2.06% | 2.06% | 2.06% | 2.06% | 2.06% | 2.06% | 2.06% | 2.06% | 2.06% | 2.06% | 2.06% | 2.06% | 2.06% | 2.06% | 2.06% | 2.06% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| PHAGUN ENTERPRISES PRIVATE LIMITEDOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.05% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MONOHAR TATWAResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.95% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SNOWHILL DEATRADE PRIVATE LIMITEDOther non-institutions | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% | 1.85% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent. The 40 holders most recently named are shown, of 68 holders the filings name.