Not investment advice. Data and computed figures, for information only.

NBCC (India) Ltd

NSE: NBCCF&O

₹75.47

−₹0.74 (−0.97%)

NSE · 15 Oct 2026, close

NSE

Market Cap

₹20,104 Cr

CMP

₹75.47

52-wk High / Low

₹126 / 74

P/E

29.4

P/B

6.7

Book Value

₹11.2

Div Yield

1.34%

ROCE

29.0%

ROE

20.4%

Face Value

₹1

D/E

0.00

Piotroski F-Score

/ 9

4 of 9 F-score tests passed

Graham Number

₹26

√(22.5 × EPS × book value per share)

ROIC

15.0%

vs 11.1% sector median

Cash flow to profit

0.59

CFO / PAT

Above 1.0 = operating cash flow exceeded reported profit

Margin change

+226

bps OPM YoY

Operating margin vs the same quarter last year

Sustainable growth

12.4%

ROE × earnings retention ratio

ROE stability

4.4

pp σ

Standard deviation of ROE across periods. Lower = more stable

Holder deltas

QoQ

Prom +0.00FII −0.22DII +0.53

Latest quarter vs the previous one

Cash-accrual divergence

2.0%

of assets

Low = accruals track cash flow

Strengths

+ROCE has stayed above the sector median for 5 consecutive years (weakest: 21% vs the 2022 sector median of 17%)

+Borrowings are down 100% since FY2016 (12 to 0)

+FII holding rose by 1.3pp over the last year

Watch-outs

−Price trades below its 200-day moving average (0.8x)

−Price is 40.0% below its 52-week high

	Name	P/E	Mar Cap ₹ Cr	ROCE %	ROE %

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	1,918	2,059	2,424	3,996	2,143	2,446	2,809	4,644	2,391	2,914	3,022	4,560	2,260
Expenses	1,861	1,963	2,306	3,753	2,051	2,346	2,665	4,353	2,281	2,809	2,909	4,273	2,105
Operating Profit	57	96	117	243	92	100	144	291	110	104	114	287	155
OPM %	3.0%	4.7%	4.8%	6.1%	4.3%	4.1%	5.1%	6.3%	4.6%	3.6%	3.8%	6.3%	6.9%
Other Income	48	11	36	−44	54	67	54	−39	74	103	152	59	61
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	1	1	1	1	1	1	2	3	3	3	3	4	4
Profit before tax	104	105	152	198	144	166	196	249	181	205	263	342	213
Net Profit	77	82	114	141	107	125	142	183	135	157	197	254	158
EPS (₹)	0.28	0.29	0.41	0.50	0.39	0.45	0.51	0.65	0.49	0.57	0.71	0.89	0.57

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	4,394	5,826	7,425	8,447	9,943	8,087	6,953	7,691	8,876	10,407	12,044	12,889	12,756
Expenses	4,105	5,510	7,017	7,992	9,574	7,982	6,821	7,483	8,532	9,890	11,409	12,269	12,095
Operating Profit	289	317	408	455	369	105	133	207	345	517	635	619	660
OPM %	6.6%	5.4%	5.5%	5.4%	3.7%	1.3%	1.9%	2.7%	3.9%	5.0%	5.3%	4.8%	5.2%
Other Income	147	98	84	163	207	207	180	121	38	51	133	388	376
Interest	41	3	31	28	3	8	15	9	6	4	5	3	0
Depreciation	2	2	5	6	4	6	6	5	5	5	7	13	14
Profit before tax	393	409	454	584	569	297	292	315	372	559	755	991	1,023
Net Profit	278	289	326	396	392	100	240	238	278	414	557	742	765
EPS (₹)	1.03	1.07	1.31	1.40	1.39	0.29	0.84	0.83	0.99	1.49	2.00	2.67	2.74

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Jun 2026
Equity Capital	120	120	180	180	180	180	180	180	180	180	270	270	—
Reserves	1,218	1,421	1,514	1,886	1,328	1,270	1,463	1,588	1,764	2,046	2,209	2,747	—
Borrowings	0	12	6	0	0	0	1	0	0	1	0	0	—
Other Liabilities	3,426	3,906	6,366	10,202	11,592	11,080	11,778	11,715	10,968	10,513	10,911	13,290	—
Total Liabilities	4,764	5,459	8,066	12,269	13,101	12,531	13,422	13,483	12,913	12,739	13,390	16,307	—
Fixed Assets	26	62	123	129	182	165	159	175	182	185	531	614	—
CWIP	0	0	0	0	0	0	16	2	4	12	4	38	—
Investments	146	236	74	28	42	28	20	18	21	276	265	19	—
Other Assets	4,592	5,161	7,868	12,111	12,876	12,337	13,227	13,287	12,705	12,266	12,590	15,636	—
Total Assets	4,764	5,459	8,066	12,269	13,101	12,531	13,422	13,483	12,913	12,739	13,390	16,307	—

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	−447	−155	176	605	907	638	113	456	80	−374	−6	661	439
Cash from Investing Activity	828	−2	−36	282	−474	−209	88	151	33	272	−184	575	250
Cash from Financing Activity	−53	−70	−84	−502	−247	−150	−160	−41	−95	−90	−103	−269	−201
Net Cash Flow	328	−227	56	385	185	279	41	567	19	−192	−293	967	489

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROCE %	—	35.0	28.0	32.0	29.0	30.0	18.0	18.0	21.0	27.0	32.0	33.0	29.0
ROE %	—	—	—	—	—	—	—	—	—	—	—	—	20.4
EPS (₹)	0.95	1.03	1.07	1.31	1.40	1.39	0.29	0.84	0.83	0.99	1.49	2.00	2.67
Book Value (₹)	—	—	—	—	—	—	—	—	—	—	—	—	11.2
Face Value (₹)	—	—	—	—	—	—	—	—	—	—	—	—	1
P/E	—	—	—	—	—	—	—	—	—	—	—	—	29.4
Div Yield %	—	—	—	—	—	—	—	—	—	—	—	—	1.34
NPM %	6.3	6.1	4.9	4.3	4.6	3.9	1.2	3.4	3.0	3.1	4.0	4.6	5.6
OPM %	6.0	7.0	5.0	5.0	5.0	3.7	1.3	1.9	2.7	3.9	5.0	5.0	4.8
D/E	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
P/B	—	—	—	—	—	—	—	—	—	—	—	—	6.7

Compounded sales growth

10 years+8.0%

5 years+13.0%

3 years+13.0%

TTM+4.0%

Compounded profit growth

10 years+7.0%

5 years+20.0%

3 years+13.0%

TTM+8.0%

Stock price CAGR

10 years+3.0%

5 years+18.0%

3 years+21.0%

Last year−34.0%

Return on equity

10 years20.0%

5 years22.0%

3 years23.0%

Last year20.0%

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Promoters	75.00%	75.00%	74.29%	68.18%	61.75%	61.75%	61.75%	61.75%	61.75%	61.75%	61.75%	61.75%
FIIs	4.02%	4.02%	5.62%	4.67%	5.80%	2.97%	3.31%	3.43%	4.33%	4.20%	4.99%	4.77%
DIIs	10.00%	10.00%	9.35%	12.63%	13.05%	10.64%	11.08%	10.61%	9.94%	8.93%	10.75%	11.28%
Government	—	—	—	—	—	—	—	—	—	—	—	—
Public	10.98%	10.98%	10.74%	14.52%	19.39%	24.64%	23.86%	24.21%	23.98%	25.13%	22.50%	22.20%
No. of shareholders	1,23,551	1,23,551	1,72,448	2,75,919	3,17,827	4,70,011	5,49,670	5,28,298	13,19,446	16,09,626	12,77,277	12,26,689

Change since Jun 2023 (pp)

Promoters −13.25FIIs +0.75DIIs +1.28Public +11.22

Announcements

Intimation Of Order Of The Ministry Of Corporate Affairs (MCA) On First Motion Application In The Matter Of Scheme Of Arrangement For Merger Between HSCC (India) Limited With NBCC (India) Limited And Their Respective Shareholders And Creditors.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 Intimation Of Work Orders Received By NBCC (India) Limited In The Ordinary Course Of Business Amounting To Rs. 28.78 Cr. Approx.Closure of Trading Window Intimation Of Work Orders Received By NBCC (India) Limited In The Ordinary Course Of Business Amounting To Rs. 144.98 Cr. Approx.

Annual reports

Annual Report 2026 Annual Report 2025 Annual Report 2024 Annual Report 2023 Annual Report 2022

Credit ratings

Rating update Rating update Rating update Rating update Rating update

Concalls

Aug 2026Transcript Aug 2026PPT Aug 2026Recording May 2026PPT Feb 2026Transcript Feb 2026PPT Feb 2026Recording Nov 2025Transcript Nov 2025PPT Aug 2025Transcript Aug 2025PPT Aug 2025Recording

28 Aug 2026DIVIDENDDividend - Re 0.46 Per Share—

17 Aug 2026DIVIDENDInterim Dividend - Re 0.15 Per Share—

25 Feb 2026DIVIDENDInterim Dividend - Re 0.12 Per Share—

19 Nov 2025DIVIDENDInterim Dividend - Re 0.21 Per Share—

29 Aug 2025DIVIDENDDividend - Re 0.14 Per Share—

13 Aug 2025DIVIDENDInterim Dividend - Re 0.21 Per Share—

18 Feb 2025DIVIDENDInterim Dividend - Re 0.53 Per Share—

7 Oct 2024BONUSBonus 1:2—

6 Sep 2024DIVIDENDDividend - Re 0.63 Per Share—

1 Sep 2023DIVIDENDDividend - Re 0.54 Per Share—

1 Sep 2022DIVIDENDDividend - Re 0.50 Per Share—

22 Sep 2021DIVIDEND Dividend - Rs 0.47 Per Share—

26 Nov 2020DIVIDEND Dividend - Rs 0.135 Per Share—

12 Sep 2019DIVIDEND Annual General Meeting/Dividend - Rs 0.65 Per Share—

6 Sep 2018DIVIDEND Annual General Meeting/Dividend Re 0.56 Per Share—

25 Apr 2018SPLIT Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share2 : 1

15 Mar 2018DIVIDEND Interim Dividend - Re 0.55 Per Share (Purpose Revised)—

7 Sep 2017DIVIDEND Annual General Meeting/ Dividend - Rs 1.10 Per Share—

29 Mar 2017DIVIDEND Interim Dividend Re 0.53 Per Share (Purpose Revised)—

17 Feb 2017BONUS Bonus 1:2—

8 Sep 2016DIVIDEND Annual General Meeting/ Dividend -Rs 2/- Per Share (Purpose Revised)—

2 Jun 2016SPLIT Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share10 : 2

10 Sep 2015DIVIDEND Annual General Meeting/ Dividend - Rs 5.50 Per Share—

4 Sep 2014DIVIDENDAnnual General Meeting / Dividend - Rs 5/- Per Share—

3 Sep 2013DIVIDENDAnnual General Meeting / Dividend - Rs 3.75/- Per Share—

30 Aug 2012DIVIDENDAnnual General Meeting And Dividend Rs.3.50 Per Share—

NBCC (India) Ltd

Price−33.0% over 1Y

āagman read

Peer comparison

Quarterly results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Growth

Shareholding pattern

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