NCC Ltd.
•₹ 149.566.78%
2026-08-21
PROS
- Company has delivered good profit growth of 20.7% CAGR over last 5 years
- Company has a healthy return on capital (ROCE) of 20.6%
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 21.2% CAGR over last 5 years
- Company has a consistent dividend-paying track record
- Company generates healthy free cash flow
CONS
- Operating cash flow has been negative in recent years
- Recent results are weak - TTM profit is down 20.4% versus prior year
- Receivables are growing faster than sales - a possible quality concern
- Total debt has risen sharply - up 116.9% year on year
- Recurring exceptional / one-off items are inflating headline profit
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | LT | 4030.10 | 33.42 | 554487.79 | 0.94 | 4988.03 | 15.51 | 67941.74 | 6.69 | 15.98 | 12.00 |
| 2. | RVNL | 223.10 | 51.71 | 46516.80 | 0.32 | 159.52 | 18.73 | 4321.23 | 10.55 | 10.81 | 4.41 |
| 3. | KPIL | 1377.05 | 20.69 | 23516.23 | 0.80 | 311.53 | 45.85 | 6407.97 | 3.84 | 18.95 | 8.77 |
| 4. | IRB | 18.97 | 24.01 | 22911.97 | 0.69 | 3062.70 | 1412.58 | 21372.72 | 918.25 | 24.76 | 53.93 |
| 5. | CEMPRO | 1263.50 | 36.08 | 21705.36 | 0.24 | 140.83 | 2.64 | 2720.92 | 7.02 | 33.53 | 10.09 |
| 6. | ENGINERSIN | 236.95 | 16.98 | 13317.59 | 2.11 | 157.94 | 141.49 | 819.84 | -5.80 | 25.84 | 20.61 |
| 7. | TECHNOE | 997.70 | 26.92 | 11603.21 | 0.70 | 93.33 | -31.44 | 630.34 | 19.84 | 16.54 | 15.79 |
| 8. | IRCON | 122.60 | 22.02 | 11530.72 | 1.55 | 92.03 | -43.92 | 1955.83 | 9.49 | 12.69 | 9.81 |
| 9. | KEC | 423.05 | 20.34 | 11261.59 | 1.30 | 72.62 | -41.72 | 5023.54 | 0.01 | 16.35 | 5.79 |
| 10. | AFCONS | 277.95 | 70.65 | 10222.57 | 0.72 | 303.00 | 120.52 | 26710.00 | 692.49 | 12.88 | 9.42 |
| 11. | WAAREERTL | 880.80 | 18.09 | 9193.72 | 0.00 | 118.98 | 37.72 | 924.25 | 53.23 | 81.92 | 18.77 |
| 12. | NCC | 139.15 | 12.49 | 8736.49 | 1.58 | 228.90 | 11.85 | 5811.83 | 12.22 | 16.77 | 9.43 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,380 | 4,720 | 5,260 | 6,485 | 5,528 | 5,196 | 5,345 | 6,131 | 5,179 | 4,543 | 4,868 | 6,233 | 5,812 | |
| 3,971 | 4,416 | 4,755 | 5,934 | 5,050 | 4,753 | 4,904 | 5,575 | 4,723 | 4,150 | 4,432 | 5,682 | 5,534 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 26 | 27 | 28 | 45 | 30 | 28 | 38 | 58 | 29 | 42 | 32 | 18 | 31 |
| Interest | 132 | 153 | 156 | 153 | 155 | 167 | 166 | 193 | 164 | 172 | 196 | 213 | 198 |
| Depreciation | 53 | 53 | 53 | 52 | 54 | 55 | 54 | 54 | 55 | 57 | 59 | 65 | 69 |
| 250 | 124 | 324 | 358 | 299 | 250 | 260 | 368 | 266 | 207 | 180 | 291 | 312 | |
| Tax % | 27.23% | 31.31% | 29.09% | 33.37% | 25.79% | 30.22% | 24.69% | 27.72% | 23.92% | 19.98% | 25.80% | 26.43% | 26.55% |
| Net Profit | 0 | 0 | 0 | 0 | 223 | 175 | 206 | 265 | 205 | 167 | 135 | 217 | 229 |
| 3 | 1 | 4 | 4 | 3 | 3 | 3 | 4 | 3 | 2 | 2 | 3 | 0 | |
| Equity Capital | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 | 126 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 4,380
- 3,971
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 132
- Depreciation
- 53
- 250
- Tax %
- 27.23%
- Net Profit
- 0
- 3
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 4,720
- 4,416
- Operating Profit
- —
- OPM %
- —
- Other Income
- 27
- Interest
- 153
- Depreciation
- 53
- 124
- Tax %
- 31.31%
- Net Profit
- 0
- 1
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 5,260
- 4,755
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 156
- Depreciation
- 53
- 324
- Tax %
- 29.09%
- Net Profit
- 0
- 4
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 6,485
- 5,934
- Operating Profit
- —
- OPM %
- —
- Other Income
- 45
- Interest
- 153
- Depreciation
- 52
- 358
- Tax %
- 33.37%
- Net Profit
- 0
- 4
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 5,528
- 5,050
- Operating Profit
- —
- OPM %
- —
- Other Income
- 30
- Interest
- 155
- Depreciation
- 54
- 299
- Tax %
- 25.79%
- Net Profit
- 223
- 3
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 5,196
- 4,753
- Operating Profit
- —
- OPM %
- —
- Other Income
- 28
- Interest
- 167
- Depreciation
- 55
- 250
- Tax %
- 30.22%
- Net Profit
- 175
- 3
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 5,345
- 4,904
- Operating Profit
- —
- OPM %
- —
- Other Income
- 38
- Interest
- 166
- Depreciation
- 54
- 260
- Tax %
- 24.69%
- Net Profit
- 206
- 3
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 6,131
- 5,575
- Operating Profit
- —
- OPM %
- —
- Other Income
- 58
- Interest
- 193
- Depreciation
- 54
- 368
- Tax %
- 27.72%
- Net Profit
- 265
- 4
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 5,179
- 4,723
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 164
- Depreciation
- 55
- 266
- Tax %
- 23.92%
- Net Profit
- 205
- 3
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 4,543
- 4,150
- Operating Profit
- —
- OPM %
- —
- Other Income
- 42
- Interest
- 172
- Depreciation
- 57
- 207
- Tax %
- 19.98%
- Net Profit
- 167
- 2
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 4,868
- 4,432
- Operating Profit
- —
- OPM %
- —
- Other Income
- 32
- Interest
- 196
- Depreciation
- 59
- 180
- Tax %
- 25.80%
- Net Profit
- 135
- 2
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 6,233
- 5,682
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 213
- Depreciation
- 65
- 291
- Tax %
- 26.43%
- Net Profit
- 217
- 3
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 5,812
- 5,534
- Operating Profit
- —
- OPM %
- —
- Other Income
- 31
- Interest
- 198
- Depreciation
- 69
- 312
- Tax %
- 26.55%
- Net Profit
- 229
- 0
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 126
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 9,001 | 8,391 | 12,896 | 8,901 | 7,949 | 11,138 | 15,553 | 20,845 | 22,199 | 20,823 | 21,456 | |
| 8,333 | 7,511 | 11,296 | 7,814 | 7,030 | 10,114 | 14,094 | 19,076 | 20,281 | 18,987 | 19,798 | |
| Operating Profit | 874 | 981 | 1,724 | 1,200 | 1,035 | 1,095 | 1,607 | 1,895 | 2,074 | 1,957 | — |
| OPM % | 10 | 12 | 13 | 13 | 13 | 10 | 10 | 9 | 9 | 9 | — |
| Other Income | 206 | 101 | 124 | 113 | 116 | 71 | 148 | 126 | 156 | 121 | 123 |
| Interest | 513 | 460 | 522 | 554 | 480 | 478 | 515 | 595 | 680 | 745 | 780 |
| Depreciation | 203 | 172 | 193 | 199 | 181 | 187 | 203 | 212 | 216 | 235 | 249 |
| 46 | 219 | 894 | 387 | 363 | 635 | 885 | 1,061 | 1,187 | 952 | 989 | |
| Tax % | 82 | 37 | 37 | 19 | 22 | 22 | 27 | 30 | 27 | 24 | 25 |
| Net Profit | 8 | 139 | 568 | 314 | 283 | 494 | 646 | 740 | 868 | 724 | 741 |
| EPS | 1 | 3 | 10 | 6 | 4 | 8 | 10 | 11 | 13 | 11 | — |
| Dividend Payout % | 70 | 36 | 16 | 4 | 18 | 25 | 23 | 19 | 17 | 20 | — |
| Minority Interest | 23 | 30 | 11 | 22 | -15 | -12 | -37 | -30 | -48 | -49 | 12 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 |
| Adjusted EPS | 1 | 3 | 10 | 6 | 4 | 8 | 10 | 11 | 13 | 11 | — |
| Minority Interest | 23 | 30 | 11 | 22 | -15 | -12 | -37 | -30 | -48 | -49 | 12 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 |
| Adjusted EPS | 1 | 3 | 10 | 6 | 4 | 8 | 10 | 11 | 13 | 11 | — |
Mar 2017
- 9,001
- 8,333
- Operating Profit
- 874
- OPM %
- 10
- Other Income
- 206
- Interest
- 513
- Depreciation
- 203
- 46
- Tax %
- 82
- Net Profit
- 8
- EPS
- 1
- Dividend Payout %
- 70
- Minority Interest
- 23
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 23
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 8,391
- 7,511
- Operating Profit
- 981
- OPM %
- 12
- Other Income
- 101
- Interest
- 460
- Depreciation
- 172
- 219
- Tax %
- 37
- Net Profit
- 139
- EPS
- 3
- Dividend Payout %
- 36
- Minority Interest
- 30
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 30
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2019
- 12,896
- 11,296
- Operating Profit
- 1,724
- OPM %
- 13
- Other Income
- 124
- Interest
- 522
- Depreciation
- 193
- 894
- Tax %
- 37
- Net Profit
- 568
- EPS
- 10
- Dividend Payout %
- 16
- Minority Interest
- 11
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 11
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2020
- 8,901
- 7,814
- Operating Profit
- 1,200
- OPM %
- 13
- Other Income
- 113
- Interest
- 554
- Depreciation
- 199
- 387
- Tax %
- 19
- Net Profit
- 314
- EPS
- 6
- Dividend Payout %
- 4
- Minority Interest
- 22
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 22
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2021
- 7,949
- 7,030
- Operating Profit
- 1,035
- OPM %
- 13
- Other Income
- 116
- Interest
- 480
- Depreciation
- 181
- 363
- Tax %
- 22
- Net Profit
- 283
- EPS
- 4
- Dividend Payout %
- 18
- Minority Interest
- -15
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- -15
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2022
- 11,138
- 10,114
- Operating Profit
- 1,095
- OPM %
- 10
- Other Income
- 71
- Interest
- 478
- Depreciation
- 187
- 635
- Tax %
- 22
- Net Profit
- 494
- EPS
- 8
- Dividend Payout %
- 25
- Minority Interest
- -12
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- -12
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2023
- 15,553
- 14,094
- Operating Profit
- 1,607
- OPM %
- 10
- Other Income
- 148
- Interest
- 515
- Depreciation
- 203
- 885
- Tax %
- 27
- Net Profit
- 646
- EPS
- 10
- Dividend Payout %
- 23
- Minority Interest
- -37
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- -37
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2024
- 20,845
- 19,076
- Operating Profit
- 1,895
- OPM %
- 9
- Other Income
- 126
- Interest
- 595
- Depreciation
- 212
- 1,061
- Tax %
- 30
- Net Profit
- 740
- EPS
- 11
- Dividend Payout %
- 19
- Minority Interest
- -30
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- -30
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2025
- 22,199
- 20,281
- Operating Profit
- 2,074
- OPM %
- 9
- Other Income
- 156
- Interest
- 680
- Depreciation
- 216
- 1,187
- Tax %
- 27
- Net Profit
- 868
- EPS
- 13
- Dividend Payout %
- 17
- Minority Interest
- -48
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- -48
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2026
- 20,823
- 18,987
- Operating Profit
- 1,957
- OPM %
- 9
- Other Income
- 121
- Interest
- 745
- Depreciation
- 235
- 952
- Tax %
- 24
- Net Profit
- 724
- EPS
- 11
- Dividend Payout %
- 20
- Minority Interest
- -49
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- -49
- Share of Associates
- 0
- Adjusted EPS
- 11
TTM
- 21,456
- 19,798
- Operating Profit
- —
- OPM %
- —
- Other Income
- 123
- Interest
- 780
- Depreciation
- 249
- 989
- Tax %
- 25
- Net Profit
- 741
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 12
- Share of Associates
- 10
- Adjusted EPS
- —
- Minority Interest
- 12
- Share of Associates
- 10
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 8%
- 5 Years:
- 21%
- 3 Years:
- 10%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 19%
- 5 Years:
- 20%
- 3 Years:
- 3%
STOCK PRICE CAGR
- 10 Years:
- 5%
- 5 Years:
- 13%
- 3 Years:
- -2%
- 1 Year:
- -37%
RETURN ON EQUITY
- 10 Years:
- 8%
- 5 Years:
- 11%
- 3 Years:
- 11%
- Last Year:
- 10%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 111 | 120 | 120 | 122 | 122 | 122 | 126 | 126 | 126 | 126 |
| 3,336 | 3,962 | 4,448 | 4,784 | 5,023 | 5,454 | 6,041 | 6,514 | 7,198 | 7,743 | |
| 2,107 | 1,662 | 2,173 | 1,909 | 1,880 | 1,182 | 885 | 839 | 1,188 | 1,679 | |
| Trade Payables | 3,141 | 3,586 | 4,515 | 4,120 | 3,829 | 4,398 | 5,306 | 6,613 | 6,715 | 7,896 |
| 2,271 | 2,886 | 3,223 | 2,662 | 2,629 | 3,237 | 4,131 | 3,943 | 5,735 | 8,521 | |
| Total Liabilities | 10,966 | 12,217 | 14,479 | 13,597 | 13,482 | 14,394 | 16,489 | 18,034 | 20,961 | 25,965 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 986 | 1,030 | 1,293 | 1,144 | 1,131 | 1,139 | 1,239 | 1,271 | 1,370 | 1,776 | |
| Capital Work in Progress | 1 | 23 | 13 | 15 | 22 | 7 | 15 | 41 | 37 | 351 |
| 729 | 619 | 475 | 448 | 440 | 346 | 352 | 155 | 148 | 153 | |
| 2,718 | 2,830 | 1,425 | 1,391 | 1,222 | 1,153 | 1,374 | 1,764 | 1,810 | 2,445 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,117 | 3,355 | 3,784 | |
| Cash & Bank | 177 | 118 | 362 | 389 | 505 | 601 | 709 | 1,150 | 1,581 | 1,289 |
| 6,355 | 7,597 | 10,910 | 10,209 | 10,163 | 11,147 | 12,799 | 10,537 | 12,661 | 16,168 | |
| Total Assets | 10,966 | 12,217 | 14,479 | 13,597 | 13,482 | 14,394 | 16,489 | 18,034 | 20,961 | 25,965 |
| Total Debt | 2,572 | 2,061 | 2,691 | 2,181 | 2,062 | 1,302 | 974 | 980 | 1,594 | 3,457 |
| Net Working Capital | 2,247 | 2,317 | 2,532 | 2,704 | 2,945 | 3,094 | 3,355 | 3,759 | 4,506 | 5,911 |
| Contingent Liabilities | 818 | 374 | 465 | 425 | 425 | 428 | 365 | 259 | 368 | 863 |
| Book Value per Share | 62.02 | 67.97 | 76.05 | 80.45 | 84.36 | 91.44 | 98.22 | 105.75 | 116.65 | 125.33 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 2,572 | 2,061 | 2,691 | 2,181 | 2,062 | 1,302 | 974 | 980 | 1,594 | 3,457 |
| Net Working Capital | 2,247 | 2,317 | 2,532 | 2,704 | 2,945 | 3,094 | 3,355 | 3,759 | 4,506 | 5,911 |
| Contingent Liabilities | 818 | 374 | 465 | 425 | 425 | 428 | 365 | 259 | 368 | 863 |
| Book Value per Share | 62.02 | 67.97 | 76.05 | 80.45 | 84.36 | 91.44 | 98.22 | 105.75 | 116.65 | 125.33 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2017
- Equity Capital
- 111
- 3,336
- 2,107
- Trade Payables
- 3,141
- 2,271
- Total Liabilities
- 10,966
- 986
- Capital Work in Progress
- 1
- 729
- 2,718
- 0
- Cash & Bank
- 177
- 6,355
- Total Assets
- 10,966
- Total Debt
- 2,572
- Net Working Capital
- 2,247
- Contingent Liabilities
- 818
- Book Value per Share
- 62.02
- Face Value
- 2.00
- Total Debt
- 2,572
- Net Working Capital
- 2,247
- Contingent Liabilities
- 818
- Book Value per Share
- 62.02
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 120
- 3,962
- 1,662
- Trade Payables
- 3,586
- 2,886
- Total Liabilities
- 12,217
- 1,030
- Capital Work in Progress
- 23
- 619
- 2,830
- 0
- Cash & Bank
- 118
- 7,597
- Total Assets
- 12,217
- Total Debt
- 2,061
- Net Working Capital
- 2,317
- Contingent Liabilities
- 374
- Book Value per Share
- 67.97
- Face Value
- 2.00
- Total Debt
- 2,061
- Net Working Capital
- 2,317
- Contingent Liabilities
- 374
- Book Value per Share
- 67.97
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 120
- 4,448
- 2,173
- Trade Payables
- 4,515
- 3,223
- Total Liabilities
- 14,479
- 1,293
- Capital Work in Progress
- 13
- 475
- 1,425
- 0
- Cash & Bank
- 362
- 10,910
- Total Assets
- 14,479
- Total Debt
- 2,691
- Net Working Capital
- 2,532
- Contingent Liabilities
- 465
- Book Value per Share
- 76.05
- Face Value
- 2.00
- Total Debt
- 2,691
- Net Working Capital
- 2,532
- Contingent Liabilities
- 465
- Book Value per Share
- 76.05
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 122
- 4,784
- 1,909
- Trade Payables
- 4,120
- 2,662
- Total Liabilities
- 13,597
- 1,144
- Capital Work in Progress
- 15
- 448
- 1,391
- 0
- Cash & Bank
- 389
- 10,209
- Total Assets
- 13,597
- Total Debt
- 2,181
- Net Working Capital
- 2,704
- Contingent Liabilities
- 425
- Book Value per Share
- 80.45
- Face Value
- 2.00
- Total Debt
- 2,181
- Net Working Capital
- 2,704
- Contingent Liabilities
- 425
- Book Value per Share
- 80.45
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 122
- 5,023
- 1,880
- Trade Payables
- 3,829
- 2,629
- Total Liabilities
- 13,482
- 1,131
- Capital Work in Progress
- 22
- 440
- 1,222
- 0
- Cash & Bank
- 505
- 10,163
- Total Assets
- 13,482
- Total Debt
- 2,062
- Net Working Capital
- 2,945
- Contingent Liabilities
- 425
- Book Value per Share
- 84.36
- Face Value
- 2.00
- Total Debt
- 2,062
- Net Working Capital
- 2,945
- Contingent Liabilities
- 425
- Book Value per Share
- 84.36
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 122
- 5,454
- 1,182
- Trade Payables
- 4,398
- 3,237
- Total Liabilities
- 14,394
- 1,139
- Capital Work in Progress
- 7
- 346
- 1,153
- 0
- Cash & Bank
- 601
- 11,147
- Total Assets
- 14,394
- Total Debt
- 1,302
- Net Working Capital
- 3,094
- Contingent Liabilities
- 428
- Book Value per Share
- 91.44
- Face Value
- 2.00
- Total Debt
- 1,302
- Net Working Capital
- 3,094
- Contingent Liabilities
- 428
- Book Value per Share
- 91.44
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 126
- 6,041
- 885
- Trade Payables
- 5,306
- 4,131
- Total Liabilities
- 16,489
- 1,239
- Capital Work in Progress
- 15
- 352
- 1,374
- 0
- Cash & Bank
- 709
- 12,799
- Total Assets
- 16,489
- Total Debt
- 974
- Net Working Capital
- 3,355
- Contingent Liabilities
- 365
- Book Value per Share
- 98.22
- Face Value
- 2.00
- Total Debt
- 974
- Net Working Capital
- 3,355
- Contingent Liabilities
- 365
- Book Value per Share
- 98.22
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 126
- 6,514
- 839
- Trade Payables
- 6,613
- 3,943
- Total Liabilities
- 18,034
- 1,271
- Capital Work in Progress
- 41
- 155
- 1,764
- 3,117
- Cash & Bank
- 1,150
- 10,537
- Total Assets
- 18,034
- Total Debt
- 980
- Net Working Capital
- 3,759
- Contingent Liabilities
- 259
- Book Value per Share
- 105.75
- Face Value
- 2.00
- Total Debt
- 980
- Net Working Capital
- 3,759
- Contingent Liabilities
- 259
- Book Value per Share
- 105.75
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 126
- 7,198
- 1,188
- Trade Payables
- 6,715
- 5,735
- Total Liabilities
- 20,961
- 1,370
- Capital Work in Progress
- 37
- 148
- 1,810
- 3,355
- Cash & Bank
- 1,581
- 12,661
- Total Assets
- 20,961
- Total Debt
- 1,594
- Net Working Capital
- 4,506
- Contingent Liabilities
- 368
- Book Value per Share
- 116.65
- Face Value
- 2.00
- Total Debt
- 1,594
- Net Working Capital
- 4,506
- Contingent Liabilities
- 368
- Book Value per Share
- 116.65
- Face Value
- 2.00
Mar 2026
- Equity Capital
- 126
- 7,743
- 1,679
- Trade Payables
- 7,896
- 8,521
- Total Liabilities
- 25,965
- 1,776
- Capital Work in Progress
- 351
- 153
- 2,445
- 3,784
- Cash & Bank
- 1,289
- 16,168
- Total Assets
- 25,965
- Total Debt
- 3,457
- Net Working Capital
- 5,911
- Contingent Liabilities
- 863
- Book Value per Share
- 125.33
- Face Value
- 2.00
- Total Debt
- 3,457
- Net Working Capital
- 5,911
- Contingent Liabilities
- 863
- Book Value per Share
- 125.33
- Face Value
- 2.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 314 | 586 | 673 | 931 | 842 | 1,416 | 1,100 | 1,359 | 742 | -459 | |
| Cash from Investing | 376 | -188 | -619 | 11 | -207 | -66 | -192 | -319 | -59 | -766 |
| Cash from Financing | -818 | -453 | 89 | -1,047 | -558 | -1,275 | -893 | -771 | -247 | 878 |
| -129 | -56 | 143 | -105 | 77 | 75 | 16 | 270 | 436 | -346 | |
| Free Cash Flow | 314 | 444 | 539 | 931 | 742 | 1,385 | 864 | 1,174 | 486 | -1,354 |
| OCF / Net Profit | 37.31 | 4.22 | 1.19 | 2.97 | 2.97 | 2.87 | 1.70 | 1.84 | 0.85 | -0.63 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 2,970 | 4,041 | 4,462 | 5,097 | 4,651 | 2,555 |
| OCF / Net Profit | 37.31 | 4.22 | 1.19 | 2.97 | 2.97 | 2.87 | 1.70 | 1.84 | 0.85 | -0.63 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 2,970 | 4,041 | 4,462 | 5,097 | 4,651 | 2,555 |
Mar 2017
- 314
- Cash from Investing
- 376
- Cash from Financing
- -818
- -129
- Free Cash Flow
- 314
- OCF / Net Profit
- 37.31
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 37.31
- Cumulative 5-Year FCF
- 0
Mar 2018
- 586
- Cash from Investing
- -188
- Cash from Financing
- -453
- -56
- Free Cash Flow
- 444
- OCF / Net Profit
- 4.22
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.22
- Cumulative 5-Year FCF
- 0
Mar 2019
- 673
- Cash from Investing
- -619
- Cash from Financing
- 89
- 143
- Free Cash Flow
- 539
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.19
- Cumulative 5-Year FCF
- 0
Mar 2020
- 931
- Cash from Investing
- 11
- Cash from Financing
- -1,047
- -105
- Free Cash Flow
- 931
- OCF / Net Profit
- 2.97
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.97
- Cumulative 5-Year FCF
- 0
Mar 2021
- 842
- Cash from Investing
- -207
- Cash from Financing
- -558
- 77
- Free Cash Flow
- 742
- OCF / Net Profit
- 2.97
- Cumulative 5-Year FCF
- 2,970
- OCF / Net Profit
- 2.97
- Cumulative 5-Year FCF
- 2,970
Mar 2022
- 1,416
- Cash from Investing
- -66
- Cash from Financing
- -1,275
- 75
- Free Cash Flow
- 1,385
- OCF / Net Profit
- 2.87
- Cumulative 5-Year FCF
- 4,041
- OCF / Net Profit
- 2.87
- Cumulative 5-Year FCF
- 4,041
Mar 2023
- 1,100
- Cash from Investing
- -192
- Cash from Financing
- -893
- 16
- Free Cash Flow
- 864
- OCF / Net Profit
- 1.70
- Cumulative 5-Year FCF
- 4,462
- OCF / Net Profit
- 1.70
- Cumulative 5-Year FCF
- 4,462
Mar 2024
- 1,359
- Cash from Investing
- -319
- Cash from Financing
- -771
- 270
- Free Cash Flow
- 1,174
- OCF / Net Profit
- 1.84
- Cumulative 5-Year FCF
- 5,097
- OCF / Net Profit
- 1.84
- Cumulative 5-Year FCF
- 5,097
Mar 2025
- 742
- Cash from Investing
- -59
- Cash from Financing
- -247
- 436
- Free Cash Flow
- 486
- OCF / Net Profit
- 0.85
- Cumulative 5-Year FCF
- 4,651
- OCF / Net Profit
- 0.85
- Cumulative 5-Year FCF
- 4,651
Mar 2026
- -459
- Cash from Investing
- -766
- Cash from Financing
- 878
- -346
- Free Cash Flow
- -1,354
- OCF / Net Profit
- -0.63
- Cumulative 5-Year FCF
- 2,555
- OCF / Net Profit
- -0.63
- Cumulative 5-Year FCF
- 2,555
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.57 | 2.81 | 9.63 | 5.52 | 4.40 | 7.91 | 9.70 | 11.32 | 13.06 | 10.76 |
| Book Value (₹) | 62.02 | 67.97 | 76.05 | 80.45 | 84.36 | 91.44 | 98.22 | 105.75 | 116.65 | 125.33 |
| Dividend per Share (₹) | 0.40 | 1.00 | 1.50 | 0.20 | 0.80 | 2.00 | 2.20 | 2.20 | 2.20 | 2.20 |
| Cash EPS (₹) | 3.79 | 5.17 | 12.65 | 8.42 | 7.61 | 11.16 | 13.52 | 15.17 | 17.27 | 15.28 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 9.71% | 11.69% | 13.36% | 13.48% | 13.02% | 9.83% | 10.33% | 8.49% | 8.64% | 8.82% |
| Net Margin % | 0.09% | 1.65% | 4.40% | 3.53% | 3.56% | 4.44% | 4.15% | 3.55% | 3.91% | 3.48% |
| ROE % | 0.25% | 3.68% | 13.12% | 6.63% | 5.63% | 9.22% | 11.01% | 11.56% | 12.44% | 9.53% |
| ROCE % | 8.87% | 11.16% | 21.09% | 13.09% | 11.76% | 15.74% | 19.94% | 22.43% | 22.58% | 16.77% |
| 0.07% | 1.20% | 4.25% | 2.24% | 2.09% | 3.54% | 4.18% | 4.29% | 4.45% | 3.09% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 158 | 198 | 119 | 126 | 126 | 87 | 67 | 55 | 53 | 63 |
| Inventory Days | 113 | 121 | 60 | 58 | 60 | 39 | 30 | 27 | 29 | 37 |
| Payable Days | 302 | 357 | 266 | 470 | 525 | 364 | 299 | 246 | 282 | 370 |
| -30 | -39 | -87 | -286 | -339 | -239 | -203 | -163 | -199 | -270 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.75x | 0.50x | 0.59x | 0.44x | 0.40x | 0.23x | 0.16x | 0.15x | 0.22x | 0.44x |
| Interest Coverage (x) | 1.09x | 1.48x | 2.71x | 1.70x | 1.76x | 2.33x | 2.72x | 2.78x | 2.75x | 2.28x |
| 1.34x | 1.32x | 1.28x | 1.33x | 1.38x | 1.37x | 1.34x | 1.34x | 1.34x | 1.36x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -5.53% | -6.78% | 53.69% | -30.98% | -10.69% | 40.11% | 39.64% | 34.02% | 6.50% | -6.20% |
| Operating Profit Growth % | -22.62% | 12.26% | 75.73% | -30.36% | -13.77% | 5.75% | 46.78% | 17.94% | 9.44% | -5.60% |
| Net Profit Growth % | -89.70% | 1550.76% | 309.12% | -44.66% | -9.89% | 74.54% | 30.80% | 14.58% | 17.27% | -16.62% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 16.66% | 15.36% | -17.63% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 20.53x | 16.04x | 12.17x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.20x | 1.80x | 1.04x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.95% | 1.05% | 1.68% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 7.61x | 6.35x | 5.31x |
Mar 2017
- EPS (₹)
- 0.57
- Book Value (₹)
- 62.02
- Dividend per Share (₹)
- 0.40
- Cash EPS (₹)
- 3.79
- Operating Margin %
- 9.71%
- Net Margin %
- 0.09%
- ROE %
- 0.25%
- ROCE %
- 8.87%
- 0.07%
- Debtor Days
- 158
- Inventory Days
- 113
- Payable Days
- 302
- -30
- Debt to Equity (x)
- 0.75x
- Interest Coverage (x)
- 1.09x
- 1.34x
- Revenue Growth %
- -5.53%
- Operating Profit Growth %
- -22.62%
- Net Profit Growth %
- -89.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 2.81
- Book Value (₹)
- 67.97
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 5.17
- Operating Margin %
- 11.69%
- Net Margin %
- 1.65%
- ROE %
- 3.68%
- ROCE %
- 11.16%
- 1.20%
- Debtor Days
- 198
- Inventory Days
- 121
- Payable Days
- 357
- -39
- Debt to Equity (x)
- 0.50x
- Interest Coverage (x)
- 1.48x
- 1.32x
- Revenue Growth %
- -6.78%
- Operating Profit Growth %
- 12.26%
- Net Profit Growth %
- 1550.76%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 9.63
- Book Value (₹)
- 76.05
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 12.65
- Operating Margin %
- 13.36%
- Net Margin %
- 4.40%
- ROE %
- 13.12%
- ROCE %
- 21.09%
- 4.25%
- Debtor Days
- 119
- Inventory Days
- 60
- Payable Days
- 266
- -87
- Debt to Equity (x)
- 0.59x
- Interest Coverage (x)
- 2.71x
- 1.28x
- Revenue Growth %
- 53.69%
- Operating Profit Growth %
- 75.73%
- Net Profit Growth %
- 309.12%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 5.52
- Book Value (₹)
- 80.45
- Dividend per Share (₹)
- 0.20
- Cash EPS (₹)
- 8.42
- Operating Margin %
- 13.48%
- Net Margin %
- 3.53%
- ROE %
- 6.63%
- ROCE %
- 13.09%
- 2.24%
- Debtor Days
- 126
- Inventory Days
- 58
- Payable Days
- 470
- -286
- Debt to Equity (x)
- 0.44x
- Interest Coverage (x)
- 1.70x
- 1.33x
- Revenue Growth %
- -30.98%
- Operating Profit Growth %
- -30.36%
- Net Profit Growth %
- -44.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 4.40
- Book Value (₹)
- 84.36
- Dividend per Share (₹)
- 0.80
- Cash EPS (₹)
- 7.61
- Operating Margin %
- 13.02%
- Net Margin %
- 3.56%
- ROE %
- 5.63%
- ROCE %
- 11.76%
- 2.09%
- Debtor Days
- 126
- Inventory Days
- 60
- Payable Days
- 525
- -339
- Debt to Equity (x)
- 0.40x
- Interest Coverage (x)
- 1.76x
- 1.38x
- Revenue Growth %
- -10.69%
- Operating Profit Growth %
- -13.77%
- Net Profit Growth %
- -9.89%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 7.91
- Book Value (₹)
- 91.44
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 11.16
- Operating Margin %
- 9.83%
- Net Margin %
- 4.44%
- ROE %
- 9.22%
- ROCE %
- 15.74%
- 3.54%
- Debtor Days
- 87
- Inventory Days
- 39
- Payable Days
- 364
- -239
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 2.33x
- 1.37x
- Revenue Growth %
- 40.11%
- Operating Profit Growth %
- 5.75%
- Net Profit Growth %
- 74.54%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 9.70
- Book Value (₹)
- 98.22
- Dividend per Share (₹)
- 2.20
- Cash EPS (₹)
- 13.52
- Operating Margin %
- 10.33%
- Net Margin %
- 4.15%
- ROE %
- 11.01%
- ROCE %
- 19.94%
- 4.18%
- Debtor Days
- 67
- Inventory Days
- 30
- Payable Days
- 299
- -203
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 2.72x
- 1.34x
- Revenue Growth %
- 39.64%
- Operating Profit Growth %
- 46.78%
- Net Profit Growth %
- 30.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 11.32
- Book Value (₹)
- 105.75
- Dividend per Share (₹)
- 2.20
- Cash EPS (₹)
- 15.17
- Operating Margin %
- 8.49%
- Net Margin %
- 3.55%
- ROE %
- 11.56%
- ROCE %
- 22.43%
- 4.29%
- Debtor Days
- 55
- Inventory Days
- 27
- Payable Days
- 246
- -163
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 2.78x
- 1.34x
- Revenue Growth %
- 34.02%
- Operating Profit Growth %
- 17.94%
- Net Profit Growth %
- 14.58%
- 16.66%
- P/E (x)
- 20.53x
- P/B (x)
- 2.20x
- Dividend Yield %
- 0.95%
- 7.61x
Mar 2025
- EPS (₹)
- 13.06
- Book Value (₹)
- 116.65
- Dividend per Share (₹)
- 2.20
- Cash EPS (₹)
- 17.27
- Operating Margin %
- 8.64%
- Net Margin %
- 3.91%
- ROE %
- 12.44%
- ROCE %
- 22.58%
- 4.45%
- Debtor Days
- 53
- Inventory Days
- 29
- Payable Days
- 282
- -199
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 2.75x
- 1.34x
- Revenue Growth %
- 6.50%
- Operating Profit Growth %
- 9.44%
- Net Profit Growth %
- 17.27%
- 15.36%
- P/E (x)
- 16.04x
- P/B (x)
- 1.80x
- Dividend Yield %
- 1.05%
- 6.35x
Mar 2026
- EPS (₹)
- 10.76
- Book Value (₹)
- 125.33
- Dividend per Share (₹)
- 2.20
- Cash EPS (₹)
- 15.28
- Operating Margin %
- 8.82%
- Net Margin %
- 3.48%
- ROE %
- 9.53%
- ROCE %
- 16.77%
- 3.09%
- Debtor Days
- 63
- Inventory Days
- 37
- Payable Days
- 370
- -270
- Debt to Equity (x)
- 0.44x
- Interest Coverage (x)
- 2.28x
- 1.36x
- Revenue Growth %
- -6.20%
- Operating Profit Growth %
- -5.60%
- Net Profit Growth %
- -16.62%
- -17.63%
- P/E (x)
- 12.17x
- P/B (x)
- 1.04x
- Dividend Yield %
- 1.68%
- 5.31x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-11 - NCC Limited has informed the Exchange about Transcript
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-07 - NCC Limited has informed the Exchange about Link of Recording
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
May 2026
Feb 2026