NCCConstruction

NCC Limited

Civil Construction · ISIN INE868B01028 · BSE 500294 · NSE EQ · FV ₹2
Last price
₹136
+0.44%today
What this company does

NCC Limited operates in Civil Construction, part of the Construction sector. It booked ₹5,812 cr of revenue in its latest quarter (Q1 FY27) and kept 3.7% of sales as profit.

In the report:
61out of 100
Equitytale Health Score
Mixed

Healthier than 61% of companies in Construction, on all six measures of filed financials. Each measure is ranked against the 7–23 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
37

At close. Not part of the score.

Profitability & returns60

How much profit it earns on the money it employs

Balance sheet54

How much it owes, and whether earnings cover the interest

Cash quality46

Whether reported profit actually arrives as cash

Growth & consistency56

Whether sales and profit have grown, and how steadily

Valuation80

What today's price implies, against our models or its peers

Governance & risk74

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 12% vs last year
Profit up 13% vs last year
Watch-outs
! Thin 3.7% net margin
! 3.8% of promoter stake pledged
! Operating cash flow is negative

What if I invest in NCC?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹136 +0.44%
latest close · 2026-09-17
1-year return
+78.7%
52-wk low ₹5252-wk high ₹154
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio9.8Low
LowAverageHigh
P/B ratio1.08Moderate
Below bookModerateHigh
EV / EBITDA4.9Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity11.0%Fair
WeakFairStrong ▸15%
Return on capital20.9%Strong
WeakFairStrong
Net margin3.7%Thin
ThinDecentStrong
EBITDA margin9.9%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.43Comfortable
LowModerateHigh ▸1
Interest cover2.6×Okay
RiskyOkayStrong ▸5×
Current ratio1.36Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹8,514 cr
Book value
₹125
EPS
₹3.45
latest quarter
Net debt
₹2,815 cr
owes more than its cash
Enterprise value
₹11,328 cr
EBITDA
₹2,303 cr
annualised
EBIT
₹2,026 cr
annualised
Operating margin
8.7%
Return on assets
3.3%
Earnings yield
10.18%
P/S
0.37
Sales / share
₹370.3
Tax rate
26.8%
Face value
₹2
Shares
62.8 cr
Working capital
₹5,911 cr
Current assets
₹22,243 cr
Current liabilities
₹16,333 cr
Delivery %
45.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Priced about rightMedium confidence
Median of 2 models ₹132 vs market price ₹136 — price is 3% above it
Safety cushion-2.6%(target ≥ +20%)
Models span ₹79₹185, midpoint ₹132
Model ₹132
Price ₹136
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹5,812 cr
Other Income₹31 cr
Total Income₹5,842 cr
Cost of Materials₹1,858 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-58 cr
Employee Benefit Expense₹234 cr
Finance Costs₹198 cr
Depreciation & Amortisation₹69 cr
Other Expenses₹3,232 cr
Total Expenses₹5,534 cr
Profit before Tax₹308 cr
Tax Expense₹83 cr
Share of JV / Associates₹3 cr
Net Profit₹229 cr
Net margin on total income3.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹1,800 cr30.8%
Employee benefit expense₹234 cr4.0%
Finance costs₹198 cr3.4%
Depreciation & amortisation₹69 cr1.2%
Other expenses₹3,232 cr55.3%
Tax expense₹83 cr1.4%
Profit for the period₹229 cr3.9%
Total income ₹5,842 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue4,868 cr6,233 cr5,812 cr
Total income4,900 cr6,251 cr5,842 cr
Expenses4,687 cr5,960 cr5,534 cr
Profit before tax180 cr291 cr308 cr
Tax46 cr77 cr83 cr
Net profit (owners' share)122 cr206 cr216 cr
Net margin (owners' share, on revenue)2.5%3.3%3.7%
EPS (₹)1.953.283.45
YoY (latest quarter): total income +12.2% · net profit +12.6%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹26,006 cr
Shareholder equity
₹7,869 cr
parent shareholders
Total debt
₹3,457 cr
Cash
₹642 cr
Cash flow · H1 FY26
Operating
₹-1,343 cr
Investing
₹-247 cr
Financing
₹813 cr
Peer comparison
Civil Construction · by market value
CompanyPriceMarket capP/E
Larsen & Toubro Limited₹3,836₹5.28 L cr32.0
Rail Vikas Nigam Limited₹202₹42,055 cr66.3
Kalpataru Projects International Limited₹1,399₹23,900 cr19.3
IRB Infrastructure Developers Limited₹19₹22,767 cr18.9
NBCC (India) Limited₹82₹22,175 cr36.0
Cemindia Projects Limited₹1,255₹21,563 cr38.3
Engineers India Limited₹264₹14,824 cr23.5
Techno Electric & Engineering Company Limited₹985₹11,452 cr30.7
KEC International Limited₹402₹10,700 cr36.8
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.62%
trailing 12 months
Dividend / share (TTM)
₹2.2
Last dividend
₹2.2
ex 14 Aug 2026
ActionDetailEx-date
Dividend₹2.2 / share14 Aug 2026
Dividend₹2.2 / share14 Aug 2025
Dividend₹2.2 / share30 Aug 2024
Dividend₹2.2 / share25 Aug 2023
Dividend₹2 / share11 Aug 2022
Dividend₹0.8 / share5 Aug 2021
Who owns it · 2026-06-30
3.8% pledged
Promoter
23.1%
FII / Foreign
11.3%
DII / Domestic
17.9%
Retail / others
47.7%
Promoter stake up 1.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtSirisha Projects Private Limited · Promoter2.15 L · ₹3.0 cr17 Aug 26
BoughtSirisha Projects Private Limited · Promoter4.43 L · ₹6.5 cr10 Aug 26
BoughtSirisha Projects Private Limited · Promoters1.48 L · ₹2.0 cr30 Mar 26
Bulk / block deals
short · NSE5008 Sep 26
short · NSE17 Sep 26
short · NSE14 Sep 26
Stake changes
BoughtICICI Prudential Mutual Fund→ 5.07% · 5.00 L10 Feb 25
BoughtA V S R HOLDINGS PRIVATE LTD · promoter→ 10.91%1 Jul 22
SoldNippon Life India Trustee Limited (formerly known as Reliance Capital Trustee Co Ltd) A/c through various schemes of Nippon India Mutual Fund→ 2.98% · 2.51 L2 Jul 21
Promoter pledges
PledgedBajaj Finance Limited55.00 L · 0.00% held10 Jun 26
ReleasedAditya Birla Finance Limited200 · 0.00% held11 Jul 23
ReleasedCholamandalam Investment and Finance Company Limited13.50 L · 0.22% held30 Jun 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 27 Aug 2026
See the official result
1
To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
23.59 cr votes for, 4,660 against · 0% of mutual funds and other big investors said no
2
To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended March 31, 2026, together with the report of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
23.57 cr votes for, 1.80 L against · 0% of mutual funds and other big investors said no
3
To declare a dividend of Rs.2.20 per equity share for the financial year 2025-26, as recommended by the Board of Directors.
Backed by 100% of shareholders other than promotersneeded 50%
23.70 cr votes for, 8,141 against · 0% of mutual funds and other big investors said no
4
To appoint a Director in place of Sri A G K Raju (DIN:00019100), who retires by rotation and being eligible, offers himself for reappointment.
Promoters had a personal stake in this
Backed by 75% of shareholders other than promotersneeded 50%
17.77 cr votes for, 5.93 cr against · 40% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 32 named members
owning 23.1% between them · as of 2026-06-30
A V S R HOLDINGS PRIVATE LIMITED11.06%
SIRISHA PROJECTS PRIVATE LIMITED3.93%
U SUNIL1.12%
SUGUNA A0.69%
ALLURI VENKATA NARASIMHA RAJU0.64%
ARUNDHATI ALLURI0.59%
ALLURI SRIMANNARAYANA RAJU0.58%
GOPALA KRISHNAMRAJU ALLURI0.57%
Business done with them
FY2025 · 5 of the group
The company paid ₹30 cr to companies in the promoter group last year — about 0.1% of its ₹22,199 cr revenue.
A V S R HOLDINGS PRIVATE LIMITED
Other payments to them · Dividend paid
also owns 11.06% of the company
₹15 cr
company paid
SIRISHA PROJECTS PRIVATE LIMITED
Leases As Lessee · Rent, Dividend
also owns 3.93% of the company
₹13 cr
company received
SRIMANNARAYANARAJU ALLURI
Paid them for services · Remuneration (including Commission), Credit Balances outstanding
₹6 cr
company paid
ALLURI VENKATA NARASIMHA RAJU
Paid them for services · Remuneration (including Commission), Credit Balances outstanding
also owns 0.64% of the company
₹6 cr
company paid
SIRISHA PROJECTS PRIVATE LIMITED
Other payments to them · Rent, Dividend
also owns 3.93% of the company
₹5 cr
company paid
Smt. J. Sowjanya
Leases As Lessee · Credit Balances outstanding
also owns 0.16% of the company
₹18 L
company received

The company also transacted with 17 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.