NCC
NCC Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for NCC Limited, framed against the sector median so the premium or discount is obvious at a glance.
NCC Limited trades at a P/E of 12.17× and P/B of 1.04×.
Valuation
Profitability
Growth
Financial Health
NCC Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for NCC Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
NCC Limited financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for NCC Limited, switchable between annual and quarterly views, consolidated or standalone.
NCC Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹9,794.41 Cr and reported EPS of ₹10.75.
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 12,896 | 8,901 | 7,949 | 11,138 | 15,553 | 20,845 | 22,199 | 20,823 |
| Other Income | 124 | 113 | 116 | 71 | 148 | 126 | 156 | 121 |
| Total Income | 13,020 | 9,014 | 8,065 | 11,209 | 15,701 | 20,971 | 22,355 | 20,944 |
| Cost of Goods Sold (COGS) | 5,030 | 3,063 | 2,475 | 3,590 | 4,924 | 7,426 | 7,804 | 6,906 |
| Gross Profit | 7,865 | 5,838 | 5,474 | 7,548 | 10,629 | 13,419 | 14,395 | 13,917 |
| +Operating Expenses | 6,266 | 4,751 | 4,555 | 6,524 | 9,170 | 11,650 | 12,477 | 12,081 |
| EBITDA | 1,599 | 1,087 | 919 | 1,024 | 1,459 | 1,769 | 1,918 | 1,836 |
| +Non-Operating Expenses | 607 | 703 | 649 | 868 | 703 | 774 | 896 | 947 |
| Profit Before Tax (PBT) | 901 | 398 | 361 | 633 | 874 | 1,056 | 1,178 | 943 |
| +Tax Expense | 327 | 73 | 79 | 141 | 239 | 321 | 319 | 228 |
| Total Profit for Period | 568 | 314 | 283 | 494 | 646 | 740 | 868 | 724 |
| Less: Non-controlling Interests | -11 | -22 | — | — | 37 | 30 | 48 | 49 |
| Net Profit (Owner's PAT) | 579 | 337 | 283 | 494 | 609 | 711 | 820 | 675 |
| Earnings Per Share (EPS) | 9.63 | 5.52 | 4.64 | 8.10 | 9.70 | 11.32 | 13.06 | 10.76 |
| Diluted Shares Outstanding (Nos.) | 60 | 61 | 61 | 61 | 63 | 63 | 63 | 63 |
| +Additional Disclosures | 17,016 | 11,595 | 10,155 | 14,368 | 19,783 | 27,342 | 29,041 | 26,935 |
| Sales Growth % | — | -30.98 | -10.69 | 40.11 | 39.64 | 34.02 | 6.50 | -6.20 |
| YoY Sales Growth % | — | -30.98 | -10.69 | 40.11 | 39.64 | 34.02 | 6.50 | -6.20 |
| Material Cost % | 38 | 34 | 31 | 31 | 31 | 36 | 36 | 34 |
| Employee Cost % | 4 | 5 | 5 | 4 | 4 | 3 | 4 | 4 |
| Other Cost % | 45 | 48 | 53 | 55 | 55 | 53 | 53 | 54 |
| OPM % | 12 | 12 | 12 | 9 | 9 | 8 | 9 | 9 |
| Tax % | 36 | 18 | 22 | 22 | 27 | 30 | 27 | 24 |
| Profit Growth % | — | -41.85 | -15.89 | 74.54 | 23.31 | 16.66 | 15.36 | -17.63 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| +Additional Fields | 1,407 | 888 | 738 | 837 | 1,256 | 1,557 | 1,702 | 1,601 |
NCC segment analysis: revenue and profit mix.
Disclosed business segments at NCC with their share of revenue and profit, switchable between consolidated and standalone reporting.
NCC discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
NCC Limited investment thesis: bull case, bear case, and the flip lines.
Why someone would buy NCC Limited, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
NCC Limited's investment case rests on 7 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
NCC Ltd demonstrates strong financial health with a healthy Return on Capital Employed (ROCE) of 21.70% and a Return on Equity (ROE) of 11.40%, indicating efficient capital utilization and good returns for shareholders.
NCC maintains a reasonable valuation with a PE ratio of 16.80, lower than many peers, suggesting potential undervaluation. Its low debt-to-equity ratio of 0.22 highlights manageable financial leverage, indicating a strong balance sheet.
NCC has a substantial market capitalization of ₹13,432 crore, reflecting its significant scale and established presence within the Civil Construction sector, providing a strong competitive advantage.
Despite recent quarterly fluctuations, NCC's consistent annual net profit of ₹802 crore showcases sustained operational performance and robust revenue generation capabilities over the long term.
The robust growth outlook for the Civil Construction sector, driven by increasing government infrastructure spending and rapid urbanization, presents significant expansion opportunities for NCC Ltd.
What can break it.
NCC's recent quarterly profit declined by -8.47%, indicating a potential slowdown in growth momentum. Investors should closely monitor this trend to assess the sustainability of its profitability.
The company's promoter holding stands at a relatively low 22.1%, which might raise concerns about potential vulnerability to market fluctuations and external pressures compared to peers.
While the debt-to-equity ratio is manageable at 0.22, the absolute debt of ₹1594 crore represents a significant liability that requires careful consideration in the context of overall financial health.
NCC's stock price has shown considerable volatility, fluctuating between a high of ₹327 and a low of ₹170 in the past year, which presents a risk for investors seeking stability in their portfolio.
The company reported a quarterly sales variation of -6.31%, indicating a recent contraction in revenue. This trend warrants attention to understand underlying demand and operational challenges.
What would change my mind.
Trim if P/E re-rates above 16. The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 43.56. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.
NCC Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — NCC Limited is highlighted for quick read-across.
Quick Compare
Peer Comparison
NCC Limited technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for NCC Limited — derived from the live tape, not yesterday's close.
NCC Limited last traded at ₹156.1 with an intraday range of ₹155–₹161 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹156.10| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 171.73 | +15.63 | +10.01% |
| R3 | 165.73 | +9.63 | +6.17% |
| R2 | 163.37 | +7.27 | +4.66% |
| R1 | 159.73 | +3.63 | +2.33% |
| PIVOT | 157.37 | 1.27 | 0.81% |
| CURRENT | 156.10 | — | — |
| S1 | 141.73 | -14.37 | -9.20% |
| S2 | 147.73 | -8.37 | -5.36% |
| S3 | 151.37 | -4.73 | -3.03% |
| S4 | 153.73 | -2.37 | -1.52% |
NCC is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 158.29 ~ 160.56
Trading Below opening range, showing Bearishness
NCC Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for NCC Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in NCC Limited stood at 44.1% of traded volume, against a 20-day average of 48.3%.
NCC announcements: results, concalls, ratings, M&A.
Filings NCC sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
NCC files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 120 documents below.
Reply to Clarification- Financial results
The Exchange had sought clarification from NCC Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing…
Bagging/Receiving of orders/contracts
NCC Limited has informed the Exchange about Bagging/Receiving of orders/contracts
Clarification - Financial Results
The Exchange has sought clarification from NCC Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing…
Copy of Newspaper Publication
NCC Limited has informed the Exchange about Copy of Newspaper Publication
Analysts/Institutional Investor Meet/Con. Call Updates
NCC Limited has informed the Exchange about Link of Recording
Investor decks & rating reports.
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
NCC insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in NCC as reported to SEBI — buying and selling signals from the people who know the business best.
NCC insider activity below tracks 29 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| Sirisha Projects Private Limited | Insider | 30 Mar 2026 | buy | +1.48 L | ₹1.99 Cr | ₹134.92 |
| Sirisha Projects Private Limited | Insider | 30 Mar 2026 | buy | +1.48 L | ₹1.99 Cr | ₹134.92 |
| Sirisha Projects Private Limited | Insider | 30 Mar 2026 | buy | +1.48 L | ₹1.99 Cr | ₹134.92 |
| Sirisha Projects Private Limited | Insider | 30 Mar 2026 | buy | +1.48 L | ₹1.99 Cr | ₹134.92 |
| Sirisha Projects Private Limited | Insider | 30 Mar 2026 | buy | +1.48 L | ₹1.99 Cr | ₹134.92 |
| Sirisha Projects Private Limited | Insider | 13 Mar 2026 | buy | +4.26 L | ₹6.22 Cr | ₹146.09 |
| Sirisha Projects Private Limited | Insider | 13 Mar 2026 | buy | +4.26 L | ₹6.22 Cr | ₹146.09 |
| Sirisha Projects Private Limited | Insider | 13 Mar 2026 | buy | +4.26 L | ₹6.22 Cr | ₹146.09 |
| Sirisha Projects Private Limited | Insider | 13 Mar 2026 | buy | +4.26 L | ₹6.22 Cr | ₹146.09 |
| Sirisha Projects Private Limited | Insider | 11 Mar 2026 | buy | +3.43 L | ₹5.1 Cr | ₹148.73 |
NCC dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue NCC has declared, sequenced by announce and record date.
NCC corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About NCC Limited: business, sector, key facts.
What NCC Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
NCC Limited operates in the Construction, listed as NSE: NCC, BSE: 500294.
NCC Limited is a prominent Indian construction company with a significant international presence. Its core business revolves around the construction of diverse infrastructure projects across various sectors. The company's expertise spans a wide range of projects, from large-scale industrial and commercial buildings to residential housing developments and specialized infrastructure like IT parks and sports facilities.
A major aspect of NCC's operations involves the construction of transportation infrastructure. This includes the building of highways, roads, flyovers, and bridges, as well as significant involvement in railway projects such as freight corridors, railway sidings, and related electrification and track-laying work. Their capabilities extend to the intricate design, engineering, and commissioning of electrical transmission and distribution systems.
Beyond transportation, NCC also undertakes substantial work in water infrastructure projects. This includes the construction of comprehensive water supply systems, water treatment plants, and distribution networks. The company's expertise extends to building drainage networks, irrigation schemes, sewage treatment plants, and large-scale hydraulic projects such as dams, reservoirs, canals, and hydroelectric power projects.
Further diversifying its portfolio, NCC engages in the power and metals sectors and operates as a mine developer-cum-operator. This entails overburden removal and the extraction of coal, lignite, and other minerals from open-cast mines. The company’s operational structure is divided into three segments: Construction, Real Estate, and Others, reflecting the breadth of its activities.
In summary, NCC Limited is a multifaceted construction company with extensive experience and capabilities across a diverse range of infrastructure projects. From major transportation and water infrastructure to energy and mining, the company's long history and broad expertise position it as a key player in the Indian and international construction markets.
Questions investors ask about NCC Limited (NCC).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of NCC Limited (NCC)?
The current share price of NCC Limited (NCC) is ₹156.1. Today, the stock has declined by ₹3.45 (2.16%), trading in a range of ₹155 to ₹161. The stock opened at ₹159.85 with a trading volume of 22,60,839 shares.
02Is NCC Limited stock a good investment for long-term?
NCC Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹9,794.41 crores, P/E ratio of 12.17, ROE of 9.32%, and ROCE of 21.70%. The dividend yield stands at 1.40%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of NCC Limited stock?
The 52-week high price of NCC Limited (NCC) is ₹236.89, while the 52-week low is ₹130. Currently trading at ₹156.1, the stock is 24.4% away from its 52-week low and 34.1% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy NCC Limited stock at the current price?
Whether to buy NCC Limited stock at ₹156.1 depends on multiple factors. The stock is currently trading with a P/E ratio of 12.17 and P/B ratio of 1.04. Today's performance shows a loss of 2.16%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of NCC Limited and when is the next dividend?
NCC Limited offers a dividend yield of 1.40%, which means for every ₹100 invested at the current price of ₹156.1, you can expect to receive approximately ₹1.40 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of NCC Limited?
NCC Limited's key financial metrics include: P/E Ratio: 12.17, P/B Ratio: 1.04, ROE: 9.32%, ROCE: 21.70%, Dividend Yield: 1.40%, EPS: ₹10.75, Book Value: ₹125.28, and Debt-to-Equity: 43.06. The company's market cap stands at ₹9,794.41 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is NCC Limited stock performing today in the market?
NCC Limited stock opened at ₹159.85 and is currently trading at ₹156.1, showing a decline of ₹3.45 (2.16%). The intraday high is ₹161 and low is ₹155. The trading volume stands at 22,60,839 shares, indicating strong market participation today.
08What is the P/E ratio of NCC Limited and what does it indicate?
NCC Limited has a Price-to-Earnings (P/E) ratio of 12.17, which means investors are willing to pay ₹12.17 for every ₹1 of earnings. With an EPS of ₹10.75, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about NCC Limited (NCC) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
Related
Peers, sector trends, screeners and strategy playbooks contextual to this stock.
- Ahluwalia Contracts (India) (AHLUCONT) Share PricePeer
- Ashoka Buildcon (ASHOKA) Share PricePeer
- BGR Energy Systems (BGRENERGY) Share PricePeer
- B L Kashyap and Sons (BLKASHYAP) Share PricePeer
- Bharat Road Network (BRNL) Share PricePeer
- Top Gainers TodayScreener
- EMA Crossover ScreenerScreener
- Stock Quality ScorecardScreener
- All Technical ScreenersScreener
- All Trading StrategiesStrategy