NCC Ltd
NCCNCC Ltd
NCCPrice Chart
How to use scorecard? Learn more
Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
23.54 | 2.88 | 0.70% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
50.66 | 7.19 | 0.53% |
Forecast & Ratings
Detailed Forecast from 11 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
NCC Limited is engaged in the construction activities in the infra sector. It is involved in construction of commercial buildings, roads, bridges, water supply & environment projects, housing, power transmission lines and hydrothermal power projects.
Investor Presentation
View olderÂPeers
Compare with peersÂLarsen and Toubro Ltd
GMR Airports Ltd
IRB Infrastructure Developers Ltd
KEC International Ltd
NBCC (India) Ltd
Get more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 9,628.87 | 9,209.47 | 8,504.42 | 13,019.97 | 9,014.05 | 8,066.62 | 11,413.65 | 15,711.47 | 20,976.19 | 22,602.99 | ||||||||||
Raw Materials | 4,149.99 | 3,280.12 | 3,162.22 | 4,875.10 | 3,032.17 | 2,426.56 | 3,484.62 | 4,855.11 | 7,449.54 | 20,524.66 | ||||||||||
Power & Fuel Cost | 10.33 | 14.68 | 11.13 | 9.18 | 9.19 | 9.28 | 8.75 | 10.79 | 12.10 | |||||||||||
Employee Cost | 470.47 | 459.22 | 453.32 | 495.16 | 483.69 | 380.50 | 452.66 | 545.69 | 667.23 | |||||||||||
Selling & Administrative Expenses | 176.81 | 176.93 | 158.85 | 161.42 | 152.23 | 119.95 | 154.00 | 191.74 | 210.63 | |||||||||||
Operating & Other expenses | 3,763.10 | 4,516.29 | 3,868.94 | 5,870.29 | 4,196.79 | 4,106.65 | 6,014.13 | 8,505.46 | 10,769.11 | |||||||||||
EBITDA | 1,058.17 | 762.23 | 849.96 | 1,608.82 | 1,139.98 | 1,023.68 | 1,299.49 | 1,602.68 | 1,867.58 | 2,078.33 | ||||||||||
Depreciation/Amortization | 248.25 | 202.55 | 171.51 | 192.53 | 199.22 | 181.25 | 186.74 | 202.61 | 211.92 | 214.14 | ||||||||||
PBIT | 809.92 | 559.68 | 678.45 | 1,416.29 | 940.76 | 842.43 | 1,112.75 | 1,400.07 | 1,655.66 | 1,864.19 | ||||||||||
Interest & Other Items | 642.58 | 513.34 | 459.56 | 521.95 | 553.85 | 479.91 | 478.07 | 515.22 | 594.75 | 630.87 | ||||||||||
PBT | 167.34 | 46.34 | 218.89 | 894.34 | 386.91 | 362.52 | 634.68 | 884.85 | 1,060.91 | 1,233.32 | ||||||||||
Taxes & Other Items | 46.91 | 14.65 | 50.26 | 315.65 | 50.38 | 94.21 | 152.27 | 275.65 | 350.22 | 400.63 | ||||||||||
Net Income | 120.43 | 31.69 | 168.63 | 578.69 | 336.53 | 268.31 | 482.41 | 609.20 | 710.69 | 832.69 | ||||||||||
EPS | 2.17 | 0.57 | 2.92 | 9.63 | 5.56 | 4.40 | 7.91 | 9.84 | 11.32 | 13.26 | ||||||||||
DPS | 0.60 | 0.40 | 1.00 | 1.50 | 0.20 | 0.80 | 2.00 | 2.20 | 2.20 | 2.20 | ||||||||||
Payout ratio | 0.28 | 0.70 | 0.34 | 0.16 | 0.04 | 0.18 | 0.25 | 0.22 | 0.19 | 0.17 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
IndustrialsConstruction & Engineering
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
NCC Ltd | 27.58 | 2.88 | 0.70% |
Larsen and Toubro Ltd | 39.91 | 5.08 | 0.90% |
GMR Airports Ltd | -158.38 | -104.06 | — |
IRB Infrastructure Developers Ltd | 56.26 | 2.48 | 0.53% |
Price Comparison
Compare NCC with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.63%
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 2.78%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding NCC Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HSBC Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.7843% | Percentage of the fund’s portfolio invested in the stock 2.03% | Change in the portfolio weight of the stock over the last 3 months -0.09% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 4/109 (+2) |
ICICI Prudential Multi-Asset Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.4699% | Percentage of the fund’s portfolio invested in the stock 0.57% | Change in the portfolio weight of the stock over the last 3 months -0.08% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 64/213 (+2) |
ICICI Prudential Infrastructure Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0692% | Percentage of the fund’s portfolio invested in the stock 3.09% | Change in the portfolio weight of the stock over the last 3 months -0.51% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 9/77 (0) |
Compare 3-month MF holding change on Screener
smallcases
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have NCC Ltd
Events
Dividend Trend
No Dividend Cuts
NCC has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.70%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹7.05 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 30, 2024
Dividend/Share
₹2.20
Ex DateEx Date
Aug 30, 2024
Cash Dividend
Ex DateEx DateAug 25, 2023
Dividend/Share
₹2.20
Ex DateEx Date
Aug 25, 2023
Cash Dividend
Ex DateEx DateAug 11, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Aug 11, 2022
Cash Dividend
Ex DateEx DateAug 5, 2021
Dividend/Share
₹0.80
Ex DateEx Date
Aug 5, 2021
Cash Dividend
Ex DateEx DateSep 7, 2020
Dividend/Share
₹0.20
Ex DateEx Date
Sep 7, 2020
The said order includes planning, design, engineering, and hydro-mechanical works on an EPC basis under Ken-Betwa Link Project. The said project will be executed within 72 months from date of order. NCC is a construction and infrastructure sector company. Over the years, it has evolved from a mere contractor to a full-fledged infrastructure solutions provider. The company's construction endeavours span across the nation and encompass buildings, transportation, water and environment, electrical transmission and distribution, irrigation, mining, and railway projects. The company's consolidated net profit surged 110.7% to Rs 162.96 crore on a 10.1% increase in revenue to Rs 5,195.98 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live
NCC has received Letter of Acceptance dated 28 November 2024 from Ken-Betwa Link Project Authority regarding selection of the Company as the successful bidder for the EPC execution of Daudhan Dam under Ken-Betwa Link Project. The value of the project is Rs 3,389.49 crore. Powered by Capital Market - Live
Net profit of NCC rose 110.71% to Rs 162.96 crore in the quarter ended September 2024 as against Rs 77.34 crore during the previous quarter ended September 2023. Sales rose 10.09% to Rs 5195.98 crore in the quarter ended September 2024 as against Rs 4719.61 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales5195.984719.61 10 OPM %8.526.44 - PBDT304.89178.47 71 PBT250.36125.26 100 NP162.9677.34 111 Powered by Capital Market - Live
NCC will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live
The key equity indices continued to trade with minor losses in mid-morning trade. The Nifty traded below the 25,800 level after hitting day's high of 25,907.60 in early trade. Metal shares declined after advancing for the seventh consecutive trading sessions. At 11:30 IST, the barometer index, the S&P BSE Sensex, declined 129.62 points or 0.15% to 84,170.16. The Nifty 50 index fell 50.45 or 0.20% to 25,760.40. In the broader market, the S&P BSE Mid-Cap index shed 0.09% and the S&P BSE Small-Cap index rose 0.44%. The market breadth was strong. On the BSE, 2,215 shares rose and 1,518 shares fell. A total of 150 shares were unchanged. The domestic market will be closed on Wednesday, October 2, 2024, in observance of Mahatma Gandhi Jayanti. Economy: India's fiscal deficit remained under control during April-August, reaching 27% of the full-year target. This containment was attributed to muted spending in the early months of the fiscal year. The government's spending has been lower due to general elections. In comparison, the deficit stood at a higher 36% during the same period in FY24. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 57.5 in August to 56.5 in September, highlighting a robust improvement in the health of the sector that was nonetheless the weakest since January. As a result of rising purchasing prices, as well as greater labour costs and favourable demand conditions, Indian manufacturers lifted their charges in September. The combination of job creation and slower increases in new business meant that companies were able to stay on top of their workloads. Buzzing Index : The Nifty Metal index fell 0.81% to 10,116. The index advanced 9.31% in the seven trading sessions. Welspun Corp (down 2.05%), Steel Authority of India (down 1.87%), NMDC (down 1.69%), Hindustan Zinc (down 1.61%), Hindustan Copper (down 1.53%), Tata Steel (down 1.45%), Jindal Steel & Power (down 1.15%), Jindal Stainless (down 1.06%), JSW Steel (down 0.8%) and Adani Enterprises (down 0.48%) edged lower. On the other hand, National Aluminium Company (up 2.36%), Ratnamani Metals & Tubes (up 0.06%) edged higher. Stocks in Spotlight : NCC added 1.72% after the company announced that it has received orders valuing Rs 2,327 crore in the month of September 2024. Out of these, orders worth Rs 1,417 crore relates to transportation division, Rs 520 crore relates to electrical division and Rs 390 crore relates to building division. Sun Pharmaceutical Industries fell 0.86%. The company said that it has entered into a global exclusive commercialization, license, and supply agreement with Philogen for commercializing the latter's specialty product Fibromun. Philogen is an Italian-Swiss company active in the biotechnology sector, specialized in the research and development of pharmaceutical products for the treatment of highly lethal diseases. Bajaj Auto declined 1.89%. The company reported 19.60% jump in total auto sales to 4,69,531 units in September 2024 as against 3,92,558 units in September 2023. While the company's domestic sales increased 23.18% to 3,11,887 units, exports rose by 13.11% to 1,57,644 units in September 2024 over September 2023. Global Markets: Asian stocks traded mixed after Federal Reserve Chair Jerome Powell indicated the recent outsized cuts enacted by the U.S. central bank should not be interpreted as a sign that future moves will be as aggressive. The U.S. dollar strengthened in response. Meanwhile, heightened tensions in the Middle East added to market uncertainty. With mainland China's financial markets closed for the remainder of the week, the recent rally in Asian markets is expected to pause. Hong Kong's Hang Seng is also closed on Tuesday. Japan reported its unemployment rate for August eased to 2.5%, down from 2.7% in July U.S. equities closed higher on Monday, recovering from earlier losses triggered by Powell's remarks. The Dow Jones Industrial Average rose by 0.04% to a record closing high of 42,330.15. The S&P 500 gained 0.42% to also reach a new record close of 5,762.48. The Nasdaq Composite added 0.38%. Investors had anticipated more aggressive rate cuts from the Federal Reserve in its final two meetings of the year. However, Powell indicated that the central bank would likely stick to quarter-point rate reductions moving forward, citing recent economic data that showed strong growth and consumer spending.Powered by Capital Market - Live
Out of these, orders worth Rs 1,417 crore relates to transportation division, Rs 520 crore relates to electrical division and Rs 390 crore relates to building division. These orders are received from state government agencies and private limited company and does not include any internal order,' the company said in a statement. NCC is a construction and infrastructure sector company. Over the years, it has evolved from a mere contractor to a full-fledged infrastructure solutions provider. The company's construction endeavours span across the nation and encompass buildings, transportation, water and environment, electrical transmission and distribution, irrigation, mining, and railways projects. The company's consolidated net profit rose 20.96% to Rs 209.92 crore on a 26.20% increase in revenue to Rs 5,527.98 crore in Q1 FY25 over Q1 FY24. Powered by Capital Market - Live
NCC has received orders of Rs 2,327 crore in month of September 2024. These include Transportation division - Rs 1,417 crore Electrical division - Rs 520 crore Building division - Rs 390 crore Powered by Capital Market - Live
The agency has also affirmed the company's short term rating at 'CARE A1+'. CARE Ratings stated that the reaffirmation in ratings assigned to bank facilities and short-term instrument of NCC Limited (NCCL) factors the company's long and established track record in the construction industry in the last four decades, strong orderbook position backed by sizable order additions resulting in consequential growth in the scale of operations. The order book is diversified with presence across buildings, water pipelines, irrigation, transmission, mining, transportation and urban infra, among others. The company continues to have projects across pan India. The company ventured in smart metering projects, where it had undertaken three projects aggregating Rs 4,456 crore for which the investment commitment is Rs 528 crore over the next three years. NCCL group is comfortably placed to meet this equity commitment. Apart from this, CARE Ratings Limited (CARE Ratings) understands there is no other investment requirement in other verticals operated under the group and corporate guarantee (CG) shall not be extended in smart metering special purpose vehicles (SPVs). One of the projects has already achieved financial closure, where no CG has been extended by NCCL. Driven by a robust order book position, revenue growth continues to be robust at 37% for FY24. Ratings are also backed by moderate profitability metrics with profit before interest, lease rentals, depreciation and taxes (PBILDT) margin range bound between 10-12% of the revenue. Adequate cash generation from business operation resulted in lower dependence on external borrowings with total debt (including mobilization advance)/PBILDT consistently improving in the last six years and stands at 2.61x for FY24 (PY: 3.48x). However, above ratings' strengths are tempered by elevated working capital intensity due to sizable unbilled revenue with gross current asset days (GCA days) at 272 days for FY24. The company has been making consistent efforts to reduce working capital intensity which are also bearing results indicated by reduction from the past GCA days of 335 days in FY23 and 391 days in FY22. Improvement has been supported by management's focus on bidding for projects having strong counter parties with visible funding avenues and restricting exposure to a single state and single counterparty in the orderbook. Susceptibility of profitability due to volatility in commodity prices, legacy arbitrations and exposure to state government projects are some other credit deterrents. NCC is a construction and infrastructure sector company. Over the years, it has evolved from a mere contractor to a full-fledged infrastructure solutions provider. The company's construction endeavours span across the nation and encompass buildings, transportation, water and environment, electrical transmission and distribution, irrigation, mining, and railways projects. The scrip shed 0.94% to end at Rs 312.25 on the BSE today. Powered by Capital Market - Live
NCC has received orders of Rs 1236 crore in the month of August 2024. Powered by Capital Market - Live
NCC announced that the 34th Annual General Meeting (AGM) of the company will be held on 14 September 2024.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 10.01%, vs industry avg of 8.83%
Increasing Market Share
Over the last 5 years, market share increased from 4.15% to 4.37%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 4.19%, vs industry avg of 28.12%