āagman

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

NCC Ltd

NSE: NCC
₹125.66
+₹1.88 (+1.52%)
NSE · 16 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹7,852 Cr
CMP
₹125.66
52-wk High / Low
₹217 / 119
P/E
10.9
P/B
1.0
Book Value
₹125.0
Div Yield
1.76%
ROCE
17.0%
ROE
9.2%
Face Value
₹2
D/E
0.44

Price−39.7% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 16 Oct 2026
How we compute these
Piotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹174
√(22.5 × EPS × book value per share)
ROIC
10.8%
vs 11.1% sector median
Cash flow to profit
−0.63
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+57
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
7.4%
ROE × earnings retention ratio
ROE stability
1.1
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.38FII −1.67DII +1.77
Latest quarter vs the previous one
Cash-accrual divergence
5.0%
of assets
Low = accruals track cash flow
Strengths
+Promoter holding rose by 1.2pp over the last year
+PE of 10.9x is below the sector median of 21x
Watch-outs
−Price trades below its 200-day moving average (0.9x)
−Price is 42.2% below its 52-week high
−Piotroski F-Score of 3/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales4,3804,7205,2606,4855,5285,1965,3456,1315,1794,5434,8686,2335,812
Expenses3,9714,4164,7555,9345,0504,7534,9045,5764,7234,1504,4325,6825,267
Operating Profit409304505551478443441555456393436550545
OPM %9.3%6.4%9.6%8.5%8.6%8.5%8.3%9.1%8.8%8.7%9.0%8.8%9.4%
Other Income2828291331294858314402134
Interest132153156153155167166193164172196213198
Depreciation53535352545554545557596569
Profit before tax252125325358300250270367268209182294312
Net Profit18486231239223175206265205167135217229
EPS (₹)2.761.233.513.813.342.603.084.043.062.461.953.283.45

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9,5139,5279,0018,39112,8968,9017,94911,13815,55320,84522,19920,82321,456
Expenses8,5138,5408,3267,51811,3037,8247,03010,11014,09419,07620,28118,98719,531
Operating Profit1,0009876758731,5921,0779191,0281,4591,7691,9181,8361,925
OPM %10.5%10.4%7.5%10.4%12.3%12.1%11.6%9.2%9.4%8.5%8.6%8.8%9.0%
Other Income1277187−231763105272144991659699
Interest737643513460522554480478515595680745780
Depreciation277248203172193199181187203212216235249
Profit before tax113167462198943873636358851,0611,187952995
Net Profit48828139568314283494646740868724748
EPS (₹)0.972.170.572.819.635.524.407.919.7011.3213.0610.7611.14

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital111111111120120122122122126126126126—
Reserves3,2913,2813,3363,9624,4754,7845,0495,4816,0416,5147,1987,743—
Borrowings3,3903,2082,5722,0612,6912,1812,0621,3029749801,5943,457—
Other Liabilities5,7535,7215,0906,2657,3746,7246,3077,5539,40910,47512,08314,639—
Total Liabilities12,54512,32111,10912,40814,66013,81213,54014,45816,55018,09521,00025,965—
Fixed Assets2,4461,6741,0991,1581,5511,4131,4171,4431,5031,5651,6502,056—
CWIP1181231315227224137351—
Investments1,1331,128729619475448440346352155148153—
Other Assets8,9559,5109,28110,60812,62111,93511,66112,66214,67316,33419,16523,405—
Total Assets12,54512,32111,10912,40814,66013,81213,54014,45816,55018,09521,00025,965—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity6348673953145866739318421,4161,1001,359742−459
Cash from Investing Activity−67−95193376−188−61911−207−66−192−319−59−766
Cash from Financing Activity−643−643−551−818−45389−1,047−558−1,275−893−771−247878
Net Cash Flow−7512937−129−56143−105777516270436−346

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %9.012.012.08.012.021.013.011.012.019.022.022.017.0
ROE %————————————9.2
EPS (₹)0.060.972.170.572.819.635.524.407.919.7011.3213.0610.76
Book Value (₹)————————————125.0
Face Value (₹)————————————2
P/E————————————10.9
Div Yield %————————————1.76
NPM %−0.10.50.90.11.74.43.53.54.34.13.53.93.5
OPM %10.011.010.08.010.012.012.012.09.09.08.09.09.0
D/E1.421.000.950.750.500.590.440.400.230.160.150.220.44
P/B————————————1.0

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+8.0%
5 years+21.0%
3 years+10.0%
TTM−2.0%
Compounded profit growth
10 years+18.0%
5 years+22.0%
3 years+6.0%
TTM−10.0%
Stock price CAGR
10 years+4.0%
5 years+9.0%
3 years−9.0%
Last year−41.0%
Return on equity
10 years9.0%
5 years10.0%
3 years11.0%
Last year9.0%

Shareholding pattern

As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters19.72%19.72%19.72%18.11%18.12%19.57%19.68%19.68%22.00%22.00%22.10%22.81%23.19%
FIIs23.25%23.25%23.25%17.65%19.86%14.67%13.12%8.89%19.96%27.33%13.79%12.11%10.44%
DIIs22.84%22.84%22.84%32.76%30.21%18.50%12.20%12.25%12.86%10.63%15.60%16.40%18.17%
Government—————————————
Public34.19%34.19%34.19%31.48%31.80%47.26%55.00%59.18%45.16%40.03%48.49%48.68%48.20%
No. of shareholders96,30996,30996,3091,02,1761,22,9691,93,9762,67,9343,38,3422,87,4514,05,0375,78,4355,57,4185,44,657
Change since Jun 2023 (pp)
Promoters +3.47FIIs −12.81DIIs −4.67Public +14.01

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderAnnouncement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderClosure of Trading Window
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025RecordingAug 2025TranscriptAug 2025PPT

Corporate actions

As of 14 Aug 2026
14 Aug 2026DIVIDENDDividend - Rs 2.20 Per Share—
14 Aug 2025DIVIDENDDividend - Rs 2.20 Per Share—
30 Aug 2024DIVIDENDDividend - Rs 2.20 Per Share—
25 Aug 2023DIVIDENDDividend - Rs 2.20 Per Share—
11 Aug 2022DIVIDENDDividend - Rs 2 Per Share—
5 Aug 2021DIVIDEND Annual General Meeting/Dividend - Rs 0.80 Per Share—
7 Sep 2020DIVIDEND Dividend - Rs 0.20 Per Share—
8 Aug 2019DIVIDEND Dividend - Rs 1.50 Per Share—
30 Jul 2018DIVIDEND Dividend- Re 1 Per Share—
7 Aug 2017DIVIDEND Dividend - Re 0.40 Per Share—
8 Aug 2016DIVIDEND Dividend - Re 0.60/- Per Share—
10 Aug 2015DIVIDENDAnnual General Meeting/Dividend - Re 0.40/- Per Share—
18 Sep 2014RIGHTSRights 7 : 6 @ Premium Rs 18/- Per Share—
8 Jul 2014DIVIDENDAnnual General Meeting / Dividend - Re 0.20/- Per Share—
12 Sep 2013DIVIDENDAnnual General Meeting/Dividend Re 0.30/- Per Share—
13 Sep 2012DIVIDENDAnnual General Meeting/ Dividend Rs. 0.30 Per Share—
21 Jul 2011DIVIDENDAnnual General Meeting And Dividend Re.1/- Per Share—
22 Jul 2010DIVIDENDAnnual General Meeting And Dividend Rs.1.30 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman