NGL Fine Chem Ltd

NSE: NGLFINE BSE: 524774

₹2901.30

(0.81%)

Tue, 13 Oct 2026, 11:21 pm

MTF 5xInvest in NGL Fine Chem Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)1807.47

PE Ratio31.34

Dividend0.06

Health Technology

Pharmaceuticals: Major

24.5K

NGL Fine Chem Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Interest expense on debt	-4.27M	-2.79M	-5.62M	-9.15M	-11.80M	-15.83M	-15.50M	-15.68M	-11.89M	-24.59M	-22.87M	-26.26M	-22.04M	-19.13M	-18.34M	-18.10M	-32.57M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	203.57M	253.64M	328.53M	371.90M	473.96M	558.46M	665.17M	775.06M	1.02B	1.29B	1.42B	1.54B	2.08B	2.77B	2.87B	3.56B	4.33B
Total current assets	134.28M	169.36M	196.96M	195.80M	292.20M	354.57M	440.28M	498.31M	505.17M	561.41M	713.93M	808.62M	1.25B	1.73B	1.63B	2.13B	2.35B
Cash and short term investments	10.89M	10.41M	8.05M	7.52M	15.29M	11.42M	39.37M	52.26M	80.05M	101.97M	118.28M	138.09M	338.50M	295.49M	525.02M	553.14M	655.28M
Cash & equivalents	3.38M	920.13K	2.18M	986.36K	8.60M	7.27M	18.63M	21.16M	2.08M	14.86M	7.89M	3.99M	21.03M	6.44M	78.28M	3.95M	58.64M
Short term investments	7.51M	9.49M	5.87M	6.53M	6.69M	4.15M	20.74M	31.10M	77.97M	87.11M	110.39M	134.10M	317.47M	289.05M	446.74M	549.19M	596.64M
Total receivables, net	85.48M	117.58M	141.01M	115.60M	163.00M	240.17M	260.96M	326.57M	303.85M	278.38M	333.12M	265.11M	378.26M	646.67M	665.89M	903.72M	830.56M
Accounts receivable - trade, net	61.77M	81.80M	107.41M	114.09M	151.75M	237.88M	259.66M	324.47M	301.29M	276.67M	331.24M	261.93M	375.57M	639.77M	658.71M	896.18M	815.51M
Other receivables	23.71M	35.77M	33.61M	1.51M	11.24M	2.29M	1.30M	2.10M	2.56M	1.70M	1.88M	3.18M	2.68M	6.91M	7.18M	7.54M	15.05M
Total inventory	37.91M	41.37M	47.89M	57.79M	98.77M	84.95M	121.21M	100.22M	119.18M	169.13M	186.10M	282.18M	383.22M	596.72M	275.57M	443.59M	528.37M
Other current assets, total	0	0	0	13.57M	12.74M	16.80M	17.29M	17.40M	43.14K	8.50M	65.42M	113.24M	134.63M	182.20M	143.03M	208.03M	312.76M
Total non-current assets	69.29M	84.28M	131.57M	176.10M	181.76M	203.88M	224.90M	276.75M	516.42M	731.50M	707.97M	727.59M	832.37M	1.03B	1.24B	1.43B	1.98B
Long term investments	4.70M	9.75M	16.30M	19.16M	424.10K	2.73M	3.49M	0	0	0	0	0	0	25.69M	43.87M	46.19M	10.00M
Note receivable - long term	0	0	—	3.96M	—	—	—	—	0	—	—	—	—	—	—	—	—
Investments in unconsolidated subsidiaries	4.70M	9.75M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	0	0	16.30M	15.20M	424.10K	2.73M	3.49M	0	—	—	0	0	0	25.69M	43.87M	46.19M	10.00M
Net property/plant/equipment	64.59M	74.53M	115.27M	149.01M	175.47M	187.26M	182.91M	256.42M	426.03M	597.55M	615.44M	677.77M	781.00M	960.13M	1.15B	1.34B	1.95B
Gross property/plant/equipment	98.80M	108.60M	158.34M	205.39M	250.82M	285.40M	293.67M	386.93M	455.57M	668.21M	743.75M	914.48M	1.10B	1.36B	1.66B	1.95B	2.68B
Deferred tax assets	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net intangible assets	—	0	0	0	0	2.23M	2.85M	1.64M	1.72M	1.80M	1.21M	3.92M	5.02M	4.57M	3.26M	2.69M	5.50M
Goodwill, net	0	0	0	0	0	0	0	0	0	0	0	1.53M	1.53M	1.53M	1.53M	1.53M	1.53M
Other intangibles, net	—	0	0	0	0	2.23M	2.85M	1.64M	1.72M	1.80M	1.21M	2.39M	3.50M	3.04M	1.73M	1.17M	3.97M
Other long term assets, total	0	0	0	7.92M	5.87M	11.66M	35.65M	18.70M	87.79M	131.49M	90.89M	45.78M	46.35M	43.96M	43.62M	42.00M	14.22M
Short term debt	38.74M	48.28M	39.01M	64.33M	101.58M	133.22M	116.21M	141.25M	134.08M	143.07M	191.55M	199.07M	103.17M	265.65M	304.26M	332.59M	517.62M
Current portion of LT debt and capital leases	—	—	—	14.55M	14.13M	18.65M	20.30M	16.79M	24.72M	30.43M	38.45M	53.06M	54.85M	31.38M	20.20M	15.61M	39.44M
Short term debt excl. current portion of LT debt	38.74M	48.28M	39.01M	49.78M	87.45M	114.57M	95.91M	124.45M	109.36M	112.65M	153.10M	146.01M	48.32M	234.28M	284.06M	316.98M	478.18M
Accounts payable	31.48M	43.87M	79.82M	80.06M	116.20M	116.25M	171.32M	136.54M	144.55M	235.35M	161.15M	208.30M	295.34M	371.56M	245.86M	493.86M	575.18M
Income tax payable	11.32M	13.85M	12.90M	—	—	1.70M	7.86M	14.11M	1.94M	458.49K	8.30M	0	10.26M	327.00K	9.41M	7.21M	0
Long term debt	2.66M	2.21M	24.07M	37.71M	31.55M	33.63M	15.70M	3.08M	94.58M	123.60M	80.07M	83.25M	61.31M	34.36M	20.73M	7.45M	253.36M
Long term debt excl. lease liabilities	2.66M	2.21M	24.07M	37.71M	31.55M	33.63M	15.70M	3.08M	94.58M	123.60M	80.07M	83.25M	61.31M	34.36M	20.73M	7.45M	253.36M
Total equity	109.35M	136.48M	160.59M	171.06M	200.15M	245.44M	328.16M	442.15M	594.10M	720.42M	921.23M	989.61M	1.54B	2.03B	2.23B	2.63B	2.82B
Shareholders' equity	109.35M	136.48M	160.59M	171.06M	200.15M	245.44M	328.16M	442.15M	594.10M	720.42M	921.23M	989.61M	1.54B	2.03B	2.23B	2.63B	2.82B
Common equity, total	109.35M	136.48M	160.59M	171.06M	200.15M	245.44M	328.16M	442.15M	594.10M	720.42M	921.23M	989.61M	1.54B	2.03B	2.23B	2.63B	2.82B
Other common equity	73.28M	100.42M	124.52M	134.99M	164.09M	17.50M	16.92M	16.92M	16.92M	16.92M	16.92M	20.93M	20.93M	20.93M	20.93M	20.93M	20.93M
Total debt	41.40M	50.49M	63.08M	102.05M	133.13M	166.85M	131.91M	144.33M	228.66M	266.67M	271.62M	282.31M	164.48M	300.01M	324.99M	340.04M	770.97M
Net debt	30.51M	40.08M	55.03M	94.53M	117.84M	155.44M	92.54M	92.07M	148.60M	164.70M	153.34M	144.23M	-174.01M	4.52M	-200.03M	-213.10M	115.69M
Change in accounts receivable	-41.88M	-32.10M	-23.44M	-7.12M	-41.15M	-86.13M	-21.78M	-64.80M	-5.09M	24.62M	-54.57M	69.31M	-113.65M	-264.19M	-18.95M	-237.47M	80.67M
Change in taxes payable	—	—	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	25.79M	15.38M	36.77M	6.41M	36.14M	46.05K	55.07M	-34.78M	8.01M	90.79M	-74.19M	47.15M	87.04M	76.21M	-125.69M	248.00M	81.32M
Change in other assets/liabilities	0	0	0	1.18M	-2.75M	5.38M	-17.38M	33.13M	-61.93M	-22.56M	-44.72M	-23.93M	-214.77M	-104.49M	-112.92M	-173.59M	-72.49M
Sale of fixed assets & businesses	5.00K	0	13.00K	0	62.22K	0	282.68K	50.00K	20.34M	4.28M	0	0	1.44M	272.91M	10.95M	185.00K	570.12M
Purchase/sale of investments, net	-4.56M	-5.05M	-6.55M	1.10M	15.43M	0	0	0	7.89M	4.69M	4.96M	-22.44M	61.00M	0	0	0	0
Sale/maturity of investments	0	0	0	1.10M	15.43M	0	0	0	7.89M	4.69M	4.96M	0	61.00M	0	0	0	0
Purchase of investments	-4.56M	-5.05M	-6.55M	0	0	0	0	0	0	0	0	-22.44M	0	0	0	0	0
Other investing cash flow items, total	0	4.51M	0	0	0	0	0	0	0	0	68.75M	-13.03M	0	0	0	0	0
Issuance/retirement of debt, net	16.18M	9.09M	12.59M	19.28M	31.51M	29.20M	-36.58M	15.92M	76.40M	32.31M	-3.08M	-3.91M	-119.63M	159.01M	36.15M	19.64M	407.11M
Issuance/retirement of long term debt	16.18M	9.09M	12.59M	19.28M	-6.16M	2.08M	-17.93M	-12.62M	91.50M	29.02M	-43.53M	3.18M	-21.93M	-26.95M	-13.63M	-13.28M	245.91M
Issuance/retirement of short term debt	0	0	0	0	37.67M	27.12M	-18.66M	28.54M	-15.09M	3.29M	40.45M	-7.09M	-97.69M	185.96M	49.78M	32.92M	161.20M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	-10.81M	-10.81M	-10.81M	-10.81M	-10.81M
Other financing cash flow items, total	564.00K	-1.54M	1.43M	11.11M	6.35M	1.28M	-1.23M	396.56K	0	0	0	0	0	0	0	0	0

Particulars	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Interest expense on debt	-4.27M	-2.79M	-5.62M	-9.15M	-11.80M	-15.83M	-15.50M	-15.68M	-11.89M	-24.59M	-22.87M	-26.26M	-22.04M	-19.13M	-18.34M	-18.10M	-32.57M
Pretax equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Equity in earnings	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total assets	203.57M	253.64M	328.53M	371.90M	473.96M	558.46M	665.17M	775.06M	1.02B	1.29B	1.42B	1.54B	2.08B	2.77B	2.87B	3.56B	4.33B
Total current assets	134.28M	169.36M	196.96M	195.80M	292.20M	354.57M	440.28M	498.31M	505.17M	561.41M	713.93M	808.62M	1.25B	1.73B	1.63B	2.13B	2.35B
Cash and short term investments	10.89M	10.41M	8.05M	7.52M	15.29M	11.42M	39.37M	52.26M	80.05M	101.97M	118.28M	138.09M	338.50M	295.49M	525.02M	553.14M	655.28M
Cash & equivalents	3.38M	920.13K	2.18M	986.36K	8.60M	7.27M	18.63M	21.16M	2.08M	14.86M	7.89M	3.99M	21.03M	6.44M	78.28M	3.95M	58.64M
Short term investments	7.51M	9.49M	5.87M	6.53M	6.69M	4.15M	20.74M	31.10M	77.97M	87.11M	110.39M	134.10M	317.47M	289.05M	446.74M	549.19M	596.64M
Total receivables, net	85.48M	117.58M	141.01M	115.60M	163.00M	240.17M	260.96M	326.57M	303.85M	278.38M	333.12M	265.11M	378.26M	646.67M	665.89M	903.72M	830.56M
Accounts receivable - trade, net	61.77M	81.80M	107.41M	114.09M	151.75M	237.88M	259.66M	324.47M	301.29M	276.67M	331.24M	261.93M	375.57M	639.77M	658.71M	896.18M	815.51M
Other receivables	23.71M	35.77M	33.61M	1.51M	11.24M	2.29M	1.30M	2.10M	2.56M	1.70M	1.88M	3.18M	2.68M	6.91M	7.18M	7.54M	15.05M
Total inventory	37.91M	41.37M	47.89M	57.79M	98.77M	84.95M	121.21M	100.22M	119.18M	169.13M	186.10M	282.18M	383.22M	596.72M	275.57M	443.59M	528.37M
Other current assets, total	0	0	0	13.57M	12.74M	16.80M	17.29M	17.40M	43.14K	8.50M	65.42M	113.24M	134.63M	182.20M	143.03M	208.03M	312.76M
Total non-current assets	69.29M	84.28M	131.57M	176.10M	181.76M	203.88M	224.90M	276.75M	516.42M	731.50M	707.97M	727.59M	832.37M	1.03B	1.24B	1.43B	1.98B
Long term investments	4.70M	9.75M	16.30M	19.16M	424.10K	2.73M	3.49M	0	0	0	0	0	0	25.69M	43.87M	46.19M	10.00M
Note receivable - long term	0	0	—	3.96M	—	—	—	—	0	—	—	—	—	—	—	—	—
Investments in unconsolidated subsidiaries	4.70M	9.75M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other investments	0	0	16.30M	15.20M	424.10K	2.73M	3.49M	0	—	—	0	0	0	25.69M	43.87M	46.19M	10.00M
Net property/plant/equipment	64.59M	74.53M	115.27M	149.01M	175.47M	187.26M	182.91M	256.42M	426.03M	597.55M	615.44M	677.77M	781.00M	960.13M	1.15B	1.34B	1.95B
Gross property/plant/equipment	98.80M	108.60M	158.34M	205.39M	250.82M	285.40M	293.67M	386.93M	455.57M	668.21M	743.75M	914.48M	1.10B	1.36B	1.66B	1.95B	2.68B
Deferred tax assets	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net intangible assets	—	0	0	0	0	2.23M	2.85M	1.64M	1.72M	1.80M	1.21M	3.92M	5.02M	4.57M	3.26M	2.69M	5.50M
Goodwill, net	0	0	0	0	0	0	0	0	0	0	0	1.53M	1.53M	1.53M	1.53M	1.53M	1.53M
Other intangibles, net	—	0	0	0	0	2.23M	2.85M	1.64M	1.72M	1.80M	1.21M	2.39M	3.50M	3.04M	1.73M	1.17M	3.97M
Other long term assets, total	0	0	0	7.92M	5.87M	11.66M	35.65M	18.70M	87.79M	131.49M	90.89M	45.78M	46.35M	43.96M	43.62M	42.00M	14.22M
Short term debt	38.74M	48.28M	39.01M	64.33M	101.58M	133.22M	116.21M	141.25M	134.08M	143.07M	191.55M	199.07M	103.17M	265.65M	304.26M	332.59M	517.62M
Current portion of LT debt and capital leases	—	—	—	14.55M	14.13M	18.65M	20.30M	16.79M	24.72M	30.43M	38.45M	53.06M	54.85M	31.38M	20.20M	15.61M	39.44M
Short term debt excl. current portion of LT debt	38.74M	48.28M	39.01M	49.78M	87.45M	114.57M	95.91M	124.45M	109.36M	112.65M	153.10M	146.01M	48.32M	234.28M	284.06M	316.98M	478.18M
Accounts payable	31.48M	43.87M	79.82M	80.06M	116.20M	116.25M	171.32M	136.54M	144.55M	235.35M	161.15M	208.30M	295.34M	371.56M	245.86M	493.86M	575.18M
Income tax payable	11.32M	13.85M	12.90M	—	—	1.70M	7.86M	14.11M	1.94M	458.49K	8.30M	0	10.26M	327.00K	9.41M	7.21M	0
Long term debt	2.66M	2.21M	24.07M	37.71M	31.55M	33.63M	15.70M	3.08M	94.58M	123.60M	80.07M	83.25M	61.31M	34.36M	20.73M	7.45M	253.36M
Long term debt excl. lease liabilities	2.66M	2.21M	24.07M	37.71M	31.55M	33.63M	15.70M	3.08M	94.58M	123.60M	80.07M	83.25M	61.31M	34.36M	20.73M	7.45M	253.36M
Total equity	109.35M	136.48M	160.59M	171.06M	200.15M	245.44M	328.16M	442.15M	594.10M	720.42M	921.23M	989.61M	1.54B	2.03B	2.23B	2.63B	2.82B
Shareholders' equity	109.35M	136.48M	160.59M	171.06M	200.15M	245.44M	328.16M	442.15M	594.10M	720.42M	921.23M	989.61M	1.54B	2.03B	2.23B	2.63B	2.82B
Common equity, total	109.35M	136.48M	160.59M	171.06M	200.15M	245.44M	328.16M	442.15M	594.10M	720.42M	921.23M	989.61M	1.54B	2.03B	2.23B	2.63B	2.82B
Other common equity	73.28M	100.42M	124.52M	134.99M	164.09M	17.50M	16.92M	16.92M	16.92M	16.92M	16.92M	20.93M	20.93M	20.93M	20.93M	20.93M	20.93M
Total debt	41.40M	50.49M	63.08M	102.05M	133.13M	166.85M	131.91M	144.33M	228.66M	266.67M	271.62M	282.31M	164.48M	300.01M	324.99M	340.04M	770.97M
Net debt	30.51M	40.08M	55.03M	94.53M	117.84M	155.44M	92.54M	92.07M	148.60M	164.70M	153.34M	144.23M	-174.01M	4.52M	-200.03M	-213.10M	115.69M
Change in accounts receivable	-41.88M	-32.10M	-23.44M	-7.12M	-41.15M	-86.13M	-21.78M	-64.80M	-5.09M	24.62M	-54.57M	69.31M	-113.65M	-264.19M	-18.95M	-237.47M	80.67M
Change in taxes payable	—	—	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	25.79M	15.38M	36.77M	6.41M	36.14M	46.05K	55.07M	-34.78M	8.01M	90.79M	-74.19M	47.15M	87.04M	76.21M	-125.69M	248.00M	81.32M
Change in other assets/liabilities	0	0	0	1.18M	-2.75M	5.38M	-17.38M	33.13M	-61.93M	-22.56M	-44.72M	-23.93M	-214.77M	-104.49M	-112.92M	-173.59M	-72.49M
Sale of fixed assets & businesses	5.00K	0	13.00K	0	62.22K	0	282.68K	50.00K	20.34M	4.28M	0	0	1.44M	272.91M	10.95M	185.00K	570.12M
Purchase/sale of investments, net	-4.56M	-5.05M	-6.55M	1.10M	15.43M	0	0	0	7.89M	4.69M	4.96M	-22.44M	61.00M	0	0	0	0
Sale/maturity of investments	0	0	0	1.10M	15.43M	0	0	0	7.89M	4.69M	4.96M	0	61.00M	0	0	0	0
Purchase of investments	-4.56M	-5.05M	-6.55M	0	0	0	0	0	0	0	0	-22.44M	0	0	0	0	0
Other investing cash flow items, total	0	4.51M	0	0	0	0	0	0	0	0	68.75M	-13.03M	0	0	0	0	0
Issuance/retirement of debt, net	16.18M	9.09M	12.59M	19.28M	31.51M	29.20M	-36.58M	15.92M	76.40M	32.31M	-3.08M	-3.91M	-119.63M	159.01M	36.15M	19.64M	407.11M
Issuance/retirement of long term debt	16.18M	9.09M	12.59M	19.28M	-6.16M	2.08M	-17.93M	-12.62M	91.50M	29.02M	-43.53M	3.18M	-21.93M	-26.95M	-13.63M	-13.28M	245.91M
Issuance/retirement of short term debt	0	0	0	0	37.67M	27.12M	-18.66M	28.54M	-15.09M	3.29M	40.45M	-7.09M	-97.69M	185.96M	49.78M	32.92M	161.20M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	-10.81M	-10.81M	-10.81M	-10.81M	-10.81M
Other financing cash flow items, total	564.00K	-1.54M	1.43M	11.11M	6.35M	1.28M	-1.23M	396.56K	0	0	0	0	0	0	0	0	0