# NCL Research (NSE: NCLRESE) share price, financials and shareholding

Source: https://app.pivotnow.in/stock/NCLRESE · Pivot · prices to 19 Oct 2026

With a market capitalisation of ₹55 Cr, it ranks 3017th by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the Financials sector; its industry is Credit Services.

Its return on equity was −1.2% in FY25. In Q4 FY26, the quarter ended 31 Mar 2026, revenue was −₹0 Cr (−112.9% year on year) and net profit −₹6 Cr (−5,690.0%), on a standalone basis.

## Key numbers

| Metric | Value |
| --- | --- |
| Market cap | ₹55 Cr |
| ROE | −1.2% (FY25) |
| ROCE | −0.6% (FY25) |
| Debt to equity | 0 |

## Quarterly results (₹ crore, standalone)

| Quarter | Revenue | Revenue YoY | Net profit | Net profit YoY | EPS (₹) |
| --- | --- | --- | --- | --- | --- |
| Q4 FY26 | −₹0 Cr | −112.9% | −₹6 Cr | −5,690.0% | −₹0.05 |
| Q3 FY26 | ₹2 Cr | −13.4% | ₹0 Cr | — | ₹0.00 |
| Q2 FY26 | ₹2 Cr | +13.5% | ₹1 Cr | −10.1% | ₹0.01 |
| Q1 FY26 | ₹2 Cr | +31.9% | ₹2 Cr | — | ₹0.02 |
| Q4 FY25 | ₹2 Cr | −71.9% | ₹0 Cr | −58.3% | ₹0.00 |
| Q3 FY25 | ₹2 Cr | +104.1% | −₹0 Cr | −136.2% | ₹0.00 |
| Q2 FY25 | ₹1 Cr | +24.4% | ₹1 Cr | — | ₹0.01 |
| Q1 FY25 | ₹1 Cr | +27.8% | −₹2 Cr | −550.0% | −₹0.02 |

## Annual results (₹ crore)

| Fiscal year | Revenue | Net profit |
| --- | --- | --- |
| FY25 | ₹9 Cr | −₹1 Cr |
| FY24 | ₹11 Cr | ₹2 Cr |
| FY23 | ₹4 Cr | ₹1 Cr |
| FY22 | ₹2 Cr | ₹1 Cr |
| FY21 | ₹2 Cr | ₹0 Cr |
| FY20 | ₹2 Cr | ₹0 Cr |

## Shareholding (30 Jun 2026)

- Non-institutions: 100.00%

## Peers

| Company | Price | Market cap | P/E | ROE |
| --- | --- | --- | --- | --- |
| [Real Touch Fin](https://app.pivotnow.in/stock/RTFL) | — | ₹57 Cr | — | — |
| [Star Housing](https://app.pivotnow.in/stock/STARHFL) | — | ₹55 Cr | — | — |
| [Capfin India](https://app.pivotnow.in/stock/CAPFIN) | — | ₹55 Cr | — | — |
| [Odyssey Corp](https://app.pivotnow.in/stock/ODYCORP) | ₹6.15 | ₹55 Cr | 6.1 | — |
| [Dar Credit](https://app.pivotnow.in/stock/DCCL) | ₹38.00 | ₹54 Cr | — | — |
| [ISL Consulting](https://app.pivotnow.in/stock/ISLCONSUL) | — | ₹52 Cr | — | — |

## Questions and answers

### What is the market cap of NCL Research?

NCL Research's market capitalisation is ₹55 Cr (₹55 Cr) at the 19 Oct 2026 close, ranking 3017th among the NSE companies Pivot tracks.

### What is the ROE and ROCE of NCL Research?

Return on equity was −1.2% in FY25 and return on capital employed was −0.6% in FY25 (standalone figures).

### What were NCL Research's latest quarterly results?

For Q4 FY26 (quarter ended 31 Mar 2026), NCL Research reported revenue of −₹0 Cr, −112.9% year on year, and net profit of −₹6 Cr, −5,690.0% year on year.

### What is the shareholding pattern of NCL Research?

As of 30 Jun 2026: non-institutions 100.00%.

### Who are NCL Research's competitors?

The listed Financials companies closest to NCL Research by market cap are Real Touch Fin, Star Housing, Capfin India, Odyssey Corp, Dar Credit and ISL Consulting.

### Is NCL Research a good stock to buy?

Pivot does not give buy or sell recommendations. This page sets out NCL Research's price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on NCLRESE against its own history before risking money. This is analysis, not financial advice.

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Sources: NSE end-of-day bars (Pivot's market data store); Company filings via Moneycontrol; Exchange shareholding-pattern filings. This is analysis, not financial advice. Pivot is not a broker or a SEBI-registered investment adviser.