NCC
- Market cap
- ₹ 7,340 Cr.
- P/E
- 10.1x
- P/B
- 0.96x
- 52-week range
- 113.5 – 217.25
- ROE
- 9%
- ROCE
- 17%
- Dividend yield
- 1.8%
- Debt / equity
- 0.44
- Sector
- Construction
- Industry
- Civil Construction
- Listed on
- NSE, BSE
About
NCC Limited is an India-based company, which is engaged in the infrastructure sector and undertaking turn-key engineering, procurement and construction (EPC) contracts. The Company's segments include Construction, Real estate and Others. The Company is focused on the construction of industrial, institutional, hospital, hospitality and commercial buildings, airports, housing projects, transportation projects, including roads, bridges, flyovers, metros and tunnels, water supply and environment projects, railway projects, electrical distribution, transmission lines and smart meter projects, irrigation projects, mining projects and others. Its Real Estate segment comprises its real estate development / real estate construction business. Its Others segment comprises BOT Projects. Its mining division focuses on businesses for mine developer-cum-operator (MDO), removal of overburden and the extraction of coal / lignite / other minerals from open cast mines in India.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Civil Construction: 182 companies →NCC against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)10.1 against a typical 14.4: cheaper than most peers (1st = cheapest).61st of 181
- Sales growth+12.2% against a typical +8.6% from a year earlier.66th of 147
- Profit growth+11.7% against a typical 0% from a year earlier.54th of 130
- Share price, 3 months−18.4% against a typical −13.2%.106th of 164
- Size₹ 7,339.5 Cr. market value against a typical ₹ 148 Cr. (1st = largest).11th of 156
Latest announcements
Exchange filings and their impact on the company.
- NCC won a Rs 1,286 cr Telangana road order for 18-month execution, adding ~4% to next-12-month revenue.
NCC Limited received a Letter of Acceptance on 8 October 2026 from Hyderabad Growth Corridor Limited for construction of Radial Road-2 from ORR near Budwel to Shabad in Telangana. The contract value is Rs 1286.03 crore excluding GST with an 18-month construction period. The order adds about 6% of annual revenue to backlog and should contribute meaningfully to revenue and earnings over the next 12 months as execution ramps up.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA- by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| India Ratings | IND AA- | Stable | 6 Oct 2026 |
| CARE | CARE AA- | Stable | 27 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 6 Oct 2026 | Reaffirmed | IND AA- | — | India Ratings | ₹ 15,200 Cr. | |
| 27 Aug 2026 | Reaffirmed | CARE AA- | — | CARE | ₹ 26,885 Cr. | |
| 8 Sep 2025 | Reaffirmed | IND AA- | — | India Ratings | ₹ 15,200 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 6 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 15 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 5 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 6 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 5 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 15 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 | 4,720 | 5,260 | 6,485 | 5,528 | 5,196 | 5,345 | 6,131 | 5,179 | 4,543 | 4,868 | 6,233 | 5,812 |
| Expenses | 4,416 | 4,755 | 5,934 | 5,050 | 4,753 | 4,904 | 5,576 | 4,723 | 4,150 | 4,432 | 5,682 | 5,267 |
| Operating Profit | 304 | 505 | 551 | 478 | 443 | 441 | 555 | 456 | 393 | 436 | 550 | 545 |
| OPM % | 6% | 10% | 8% | 9% | 9% | 8% | 9% | 9% | 9% | 9% | 9% | 9% |
| Other Income | 28 | 29 | 13 | 31 | 29 | 48 | 58 | 31 | 44 | 0 | 21 | 34 |
| Interest | 153 | 156 | 153 | 155 | 167 | 166 | 193 | 164 | 172 | 196 | 213 | 198 |
| Depreciation | 53 | 53 | 52 | 54 | 55 | 54 | 54 | 55 | 57 | 59 | 65 | 69 |
| Profit before tax | 125 | 325 | 358 | 300 | 250 | 270 | 367 | 268 | 209 | 182 | 294 | 312 |
| Tax % | 31% | 29% | 33% | 26% | 30% | 24% | 28% | 24% | 20% | 26% | 26% | 27% |
| Net Profit | 86 | 231 | 239 | 223 | 175 | 206 | 265 | 205 | 167 | 135 | 217 | 229 |
| EPS in Rs | 1.23 | 3.51 | 3.81 | 3.34 | 2.6 | 3.08 | 4.04 | 3.06 | 2.46 | 1.95 | 3.28 | 3.45 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 8%
- 5 Years
- 21%
- 3 Years
- 10%
- TTM
- −2%
- 10 Years
- 18%
- 5 Years
- 22%
- 3 Years
- 6%
- TTM
- −10%
- 10 Years
- 5%
- 5 Years
- 13%
- 3 Years
- −3%
- TTM
- —
- 10 Years
- 9%
- 5 Years
- 10%
- 3 Years
- 11%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| NCC | ₹ 116.65 | ₹ 7,340 Cr. | 10.1x | 1x | 9% | — |
| DLF | ₹ 653.55 | ₹ 1,61,774 Cr. | 39x | 3.6x | 10% | 32% |
| Lodha Developers | ₹ 963.00 | ₹ 1,01,441 Cr. | 33.7x | 5.1x | 15.8% | 20.6% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.9x | 2.7x | 19.8% | 22% |
| Oberoi Realty | ₹ 1,587.20 | ₹ 57,846 Cr. | 27.3x | 3.8x | — | 41.6% |
| Godrej Properties | ₹ 1,497.90 | ₹ 45,121 Cr. | 166x | 3.3x | 10.2% | 35.9% |
Management
- Alluri Ananta Venkata Ranga Raju
- Chief Executive Officer, Managing Director, Executive Director
- Sanjay Pusarla
- Chief Financial Officer, Executive Vice President - Finance and Accounts
- A. Karthik
- Compliance Officer, Company Secretary
- Alluri Venkata Narasimha Raju
- Whole-Time Director
- Alluri Gopala Krishnam Raju
- Executive Director
- Alluri S. N. Raju
- Whole-Time Director
- Jampana Venkata Ranga Raju
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.