NCC Ltd
Incorporated in 1978, NCC Limited undertakes turnkey EPC contracts and BOT projects on Public-Private Partnership basis[1]
- Market Cap ₹ 15,225 Cr.
- Current Price ₹ 242
- High / Low ₹ 278 / 99.6
- Stock P/E 24.5
- Book Value ₹ 102
- Dividend Yield 0.91 %
- ROCE 17.5 %
- ROE 8.84 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 22.6%
- Debtor days have improved from 96.9 to 76.2 days.
- Company's working capital requirements have reduced from 134 days to 91.7 days
Cons
- Company has a low return on equity of 6.85% over last 3 years.
- Company's cost of borrowing seems high
* 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.
Peer comparison
Sector: Construction Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
5,104 | 5,603 | 5,926 | 8,297 | 8,325 | 7,892 | 7,559 | 12,080 | 8,219 | 7,256 | 9,930 | 13,351 | 16,885 | |
4,704 | 5,132 | 5,521 | 7,648 | 7,557 | 7,205 | 6,704 | 10,657 | 7,189 | 6,401 | 8,934 | 12,009 | 15,322 | |
Operating Profit | 399 | 471 | 406 | 649 | 769 | 687 | 856 | 1,423 | 1,030 | 855 | 996 | 1,343 | 1,562 |
OPM % | 8% | 8% | 7% | 8% | 9% | 9% | 11% | 12% | 13% | 12% | 10% | 10% | 9% |
121 | 126 | 153 | 195 | 173 | 87 | 9 | 59 | 119 | 116 | 254 | 152 | 113 | |
Interest | 384 | 407 | 466 | 574 | 509 | 396 | 379 | 451 | 518 | 458 | 460 | 510 | 582 |
Depreciation | 83 | 92 | 90 | 112 | 110 | 112 | 117 | 149 | 178 | 174 | 182 | 200 | 210 |
Profit before tax | 53 | 98 | 3 | 159 | 322 | 267 | 368 | 882 | 453 | 339 | 608 | 785 | 884 |
Tax % | 32% | 36% | -1,302% | 30% | 26% | 16% | 22% | 36% | 16% | 23% | 19% | 27% | |
36 | 63 | 41 | 112 | 240 | 226 | 287 | 564 | 382 | 261 | 490 | 569 | 622 | |
EPS in Rs | 0.65 | 1.13 | 0.73 | 2.01 | 4.32 | 4.06 | 4.77 | 9.39 | 6.26 | 4.29 | 8.04 | 9.07 | 9.90 |
Dividend Payout % | 21% | 12% | 13% | 20% | 14% | 10% | 21% | 16% | 3% | 19% | 25% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 12% |
3 Years: | 18% |
TTM: | 35% |
Compounded Profit Growth | |
---|---|
10 Years: | 26% |
5 Years: | 8% |
3 Years: | 13% |
TTM: | 20% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 19% |
3 Years: | 48% |
1 Year: | 114% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 8% |
3 Years: | 7% |
Last Year: | 9% |
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 | 51 | 51 | 51 | 111 | 111 | 111 | 120 | 120 | 122 | 122 | 122 | 126 | 126 |
Reserves | 2,360 | 2,417 | 2,469 | 3,093 | 3,150 | 3,331 | 4,122 | 4,609 | 4,984 | 5,243 | 5,655 | 6,196 | 6,288 |
2,234 | 2,225 | 2,475 | 1,995 | 1,883 | 1,577 | 1,300 | 1,993 | 1,910 | 1,789 | 1,184 | 980 | 1,470 | |
3,395 | 3,434 | 4,133 | 4,234 | 4,112 | 3,925 | 5,259 | 6,436 | 5,755 | 5,545 | 6,866 | 8,298 | 8,614 | |
Total Liabilities | 8,040 | 8,127 | 9,127 | 9,433 | 9,256 | 8,944 | 10,801 | 13,159 | 12,770 | 12,699 | 13,827 | 15,600 | 16,498 |
726 | 719 | 692 | 632 | 584 | 640 | 808 | 1,310 | 1,260 | 1,291 | 1,328 | 1,386 | 1,370 | |
CWIP | 35 | 6 | 10 | 8 | 8 | 1 | 23 | 13 | 15 | 22 | 7 | 22 | 18 |
Investments | 1,240 | 1,254 | 1,164 | 1,157 | 993 | 1,029 | 1,024 | 919 | 889 | 999 | 894 | 875 | 875 |
6,039 | 6,149 | 7,261 | 7,636 | 7,671 | 7,274 | 8,946 | 10,916 | 10,607 | 10,387 | 11,597 | 13,318 | 14,234 | |
Total Assets | 8,040 | 8,127 | 9,127 | 9,433 | 9,256 | 8,944 | 10,801 | 13,159 | 12,770 | 12,699 | 13,827 | 15,600 | 16,498 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
976 | 369 | 370 | 514 | 489 | 197 | 447 | 345 | 636 | 710 | 1,296 | 873 | |
-375 | 67 | -173 | -79 | 365 | 455 | -359 | -425 | -164 | 64 | -131 | -132 | |
-658 | -423 | -217 | -409 | -713 | -755 | -137 | 217 | -583 | -689 | -1,099 | -749 | |
Net Cash Flow | -56 | 13 | -20 | 26 | 141 | -103 | -50 | 137 | -111 | 84 | 66 | -8 |
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 | 93 | 74 | 89 | 60 | 135 | 164 | 218 | 92 | 107 | 127 | 88 | 76 |
Inventory Days | 230 | 250 | 224 | 148 | 155 | 178 | 223 | 39 | 64 | 81 | 85 | 83 |
Days Payable | 231 | 246 | 215 | 145 | 259 | 334 | 445 | 336 | 488 | 565 | 458 | 369 |
Cash Conversion Cycle | 92 | 79 | 97 | 63 | 31 | 7 | -5 | -204 | -317 | -358 | -286 | -210 |
Working Capital Days | 140 | 136 | 161 | 133 | 134 | 134 | 126 | 91 | 142 | 185 | 125 | 92 |
ROCE % | 9% | 11% | 9% | 14% | 16% | 14% | 16% | 22% | 14% | 11% | 13% | 18% |
Documents
Announcements
- Submission Of Certificate Received Under Regulation 40(9) From Practicing Company Secretary 16 Apr
- Shareholder Meeting / Postal Ballot-Outcome of AGM 8 Apr
- Compliance Certificate For The Period Ended March 31, 2024 6 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Apr - Submission of Certificate under Regulation 74(5) of the SEBI(DP) Regulations, 2018
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
1 Apr - Disclosure in connection with the Orders/Contracts received during the month of March,2024
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
from nse
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Financial Year 2010
from bse
Concalls
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT
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Business Overview:[1]
NCC does construction of roads, buildings, irrigation, water and environment, electrical, metals, mining and railways. It also has interests in road and energy projects through its 62.1% owned subsidiary NCC Infrastructure Holdings Limited and in real estate through its 80% owned subsidiary NCC Urban Infrastructure. Company has presence in the Middle East through its subsidiaries in Muscat and Dubai