NCL Buildtek Financial Results of FY20-21

Business profile of Ncl Buildtek Unlisted Share NCL BUILDTEK LTD is part of NCL Group comprises of ALLTEK & SECCOLOR DIVISIONS. Over period of time the product portfolio is expanded to AAC Blocks, Dry-Mix Mortars, Tile Adhesives & Flooring segments. To represent the company's entire portfolio the company is renamed as NCL BUILDTEK LTD. Today, NCL BUILDTEK LTD has four successful business verticals under its realm;  NCL Coatings, NCL Windoors, NCL Wall Solutions and NCL Services.

1. COATINGS DIVISION - NCL manufactures Putties, textures,  wide range of emulsion paints.
2.  WINDOORS DIVISION - NCL manufactures colour coated GI windows,  and over a period started manufacturing ABS Doors in collaboration with KOS, South Korea, uPVC Doors & Windows in collaboration with Veka AG, Germany, and high-end Aluminium Windows in partnership with SCHUCO, Germany.
3. WALLS DIVISION - NCL manufactures AAC BLOCKS, DRY-MIX Cement Mortars & Wide range of Tile Adhesives.

Financial Performance of NCL Buildtek in FY20-21 1. Due to COVID-19, the revenue has gone down from 285 Crores in FY19-20 to 265 Crores in FY20-21. 2. EBITDA has also reduced from 35 Crores to 20 Crores. 3. EBITDA margins has reduced from 13% to 7.5%. 4. PAT has gone into negative. In FY20-21 NCL Buildtek has registered a loss of 5.33 Crores. 5. Debt on the books has reduced from 113 Crores to 91 Crores in FY20-21, which is good sign. 6. Trade receivables has gone down from 108 Crores to 78 Crores in FY20-21. Due to this they have generated cash flow of 41Crores from operations. Reduction of receivables is very positive for the balance sheet of NCL Buildtek. Selling of NCL Pearl Building