NBCC (India) Ltd

NBCC (India) Ltd

₹ 125 1.09%
22 Apr 11:44 a.m.
About

NBCC (India) Limited is a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs. The Co. operates in three major segments - Project Management Consultancy, Engineering Procurement & Construction, and Real Estate. [1]

Key Points

a) Project Management Consultancy (PMC) - Civil construction projects including residential and commercial complexes, hospitals, educational Institutions, re-development projects of the Government.
b) Engineering Procurement & Construction (EPC) - It executes projects such as High Rise Chimneys, Cooling Towers, Coal Handling Plants, etc., services include Projects conceptualization, Feasibility studies, Detailed Project Reports, Basic and detailed Engineering, Procurement, Construction, Commissioning & Testing and handing it over
to clients in ready to use and functional conditions.
c) Real Estate Development - Residential projects, such as apartments and townships, and Commercial projects such as corporate office buildings and shopping malls. [1][2]

  • Market Cap 22,581 Cr.
  • Current Price 125
  • High / Low 177 / 37.5
  • Stock P/E 55.6
  • Book Value 10.9
  • Dividend Yield 0.44 %
  • ROCE 26.4 %
  • ROE 19.0 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 44.4%

Cons

  • Stock is trading at 11.5 times its book value
  • The company has delivered a poor sales growth of 2.67% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
1,508 1,996 935 1,303 1,509 1,800 1,366 1,556 1,587 2,227 1,478 1,622 1,919
1,467 1,938 932 1,268 1,453 1,737 1,317 1,472 1,508 2,137 1,430 1,533 1,816
Operating Profit 42 58 2 35 56 63 49 84 78 90 48 89 102
OPM % 3% 3% 0% 3% 4% 4% 4% 5% 5% 4% 3% 5% 5%
45 47 37 52 40 -40 -64 46 -8 40 37 15 24
Interest 1 3 1 1 1 1 1 0 0 0 0 0 0
Depreciation 1 1 0 0 0 0 0 0 0 1 0 0 0
Profit before tax 85 102 37 85 94 21 -17 130 69 130 85 103 126
Tax % 4% 24% 27% 23% 26% 1% 22% 24% 30% 26% 25% 17% 25%
82 78 27 66 69 21 -13 99 49 96 63 85 94
EPS in Rs 0.45 0.43 0.15 0.36 0.39 0.11 -0.07 0.55 0.27 0.54 0.35 0.47 0.52
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
3,445 3,229 4,040 4,396 5,812 6,279 5,905 7,245 5,210 4,947 5,547 6,736 7,246
3,295 3,035 3,815 4,108 5,504 5,875 5,504 6,869 5,194 4,861 5,388 6,431 6,917
Operating Profit 149 194 225 288 309 404 401 376 17 87 159 305 329
OPM % 4% 6% 6% 7% 5% 6% 7% 5% 0% 2% 3% 5% 5%
144 110 133 147 101 89 106 187 235 173 88 15 116
Interest 2 1 24 41 3 2 2 2 8 12 8 5 0
Depreciation 1 1 1 2 2 3 3 3 3 2 2 2 2
Profit before tax 290 302 334 391 404 488 503 558 241 244 237 312 443
Tax % 34% 31% 26% 29% 29% 28% 34% 31% 67% 17% 23% 26%
190 208 247 277 287 351 334 384 80 202 183 231 338
EPS in Rs 1.06 1.15 1.37 1.54 1.59 1.95 1.85 2.13 0.44 1.12 1.02 1.28 1.88
Dividend Payout % 22% 22% 24% 24% 42% 42% 45% 30% 30% 42% 49% 42%
Compounded Sales Growth
10 Years: 8%
5 Years: 3%
3 Years: 9%
TTM: 15%
Compounded Profit Growth
10 Years: 5%
5 Years: 1%
3 Years: 65%
TTM: 11%
Stock Price CAGR
10 Years: 27%
5 Years: 16%
3 Years: 46%
1 Year: 226%
Return on Equity
10 Years: 18%
5 Years: 15%
3 Years: 16%
Last Year: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 120 120 120 120 120 180 180 180 180 180 180 180 180
Reserves 675 831 1,007 1,204 1,405 1,494 1,641 1,385 1,344 1,512 1,595 1,735 1,787
0 0 0 0 12 6 0 0 0 0 0 0 0
2,842 2,778 3,064 3,420 3,898 4,843 5,829 6,740 6,265 6,667 6,761 6,320 5,837
Total Liabilities 3,637 3,729 4,191 4,744 5,435 6,523 7,650 8,305 7,789 8,358 8,536 8,234 7,804
23 24 23 26 62 65 64 74 60 58 57 65 64
CWIP 0 0 0 0 0 0 0 0 0 0 0 1 5
Investments 224 162 114 152 231 105 59 359 344 334 332 332 481
3,390 3,543 4,055 4,566 5,142 6,353 7,528 7,872 7,385 7,966 8,147 7,837 7,254
Total Assets 3,637 3,729 4,191 4,744 5,435 6,523 7,650 8,305 7,789 8,358 8,536 8,234 7,804

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
119 90 -439 -154 168 439 212 120 51 86 270 -215
57 99 818 -5 -30 145 174 153 319 245 -44 -162
-33 -49 -53 -70 -85 -208 -184 -127 -131 -31 -90 -88
Net Cash Flow 143 141 327 -229 53 376 203 146 239 299 135 -466

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 99 94 119 141 115 127 140 106 96 121 106 85
Inventory Days 1,393
Days Payable 1,807
Cash Conversion Cycle 99 -320 119 141 115 127 140 106 96 121 106 85
Working Capital Days -80 -86 -20 6 -0 -11 -9 -38 -139 -153 -146 -107
ROCE % 39% 35% 34% 35% 28% 30% 29% 33% 16% 16% 20% 26%

Shareholding Pattern

Numbers in percentages

30 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
61.75% 61.75% 61.75% 61.75% 61.75% 61.75% 61.75% 61.75% 61.75% 61.75% 61.75% 61.75%
2.91% 2.86% 3.09% 3.31% 3.43% 3.31% 3.36% 3.43% 3.84% 4.14% 4.46% 4.33%
10.58% 10.40% 10.19% 11.08% 10.78% 10.46% 10.90% 10.61% 10.33% 10.21% 10.41% 9.94%
24.76% 24.99% 24.96% 23.86% 24.04% 24.49% 24.00% 24.21% 24.09% 23.89% 23.37% 23.98%
No. of Shareholders 5,18,3225,30,6125,30,6075,49,6705,45,7835,39,9085,29,5505,28,2985,09,8795,56,0806,42,05313,19,446

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls