NCC Ltd
NCC Ltd is engaged in the infrastructure sector, primarily in the construction of industrial and commercial buildings, housing, roads, bridges and flyovers, water supply and environment projects, railways, mining, power transmission lines, irrigation and hydrothermal power projects, real estate development, etc.
- Market Cap ₹ 3,482 Cr.
- Current Price ₹ 57.1
- High / Low ₹ 64.5 / 15.8
- Stock P/E 13.1
- Book Value ₹ 81.4
- Dividend Yield 0.35 %
- ROCE 13.6 %
- ROE 7.22 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Stock is trading at 0.70 times its book value
- Company has delivered good profit growth of 55.56% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 18.27%
- Debtor days have improved from 141.70 to 111.88 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -1.32% over past five years.
- Promoter holding is low: 19.68%
- Company has a low return on equity of 9.07% for last 3 years.
- Company's cost of borrowing seems high
Peer comparison
Sector: Construction Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,067 | 2,616 | 2,513 | 3,243 | 3,379 | 3,761 | 2,347 | 1,938 | 2,281 | 2,334 | 1,298 | 1,708 | |
1,814 | 2,318 | 2,206 | 2,844 | 2,966 | 3,288 | 2,070 | 1,682 | 2,019 | 2,054 | 1,173 | 1,476 | |
Operating Profit | 253 | 298 | 307 | 399 | 413 | 473 | 277 | 256 | 262 | 281 | 125 | 232 |
OPM % | 12% | 11% | 12% | 12% | 12% | 13% | 12% | 13% | 12% | 12% | 10% | 14% |
Other Income | 27 | -51 | 18 | -21 | 37 | -17 | 25 | 46 | 2 | -9 | 31 | 35 |
Interest | 123 | 121 | 120 | 126 | 143 | 133 | 137 | 141 | 150 | 126 | 122 | 123 |
Depreciation | 41 | 43 | 46 | 48 | 51 | 48 | 51 | 52 | 50 | 46 | 46 | 45 |
Profit before tax | 115 | 82 | 159 | 205 | 256 | 274 | 114 | 110 | 65 | 99 | -12 | 99 |
Tax % | 17% | 79% | 36% | 40% | 35% | 36% | 36% | 28% | -58% | 39% | 242% | 30% |
Net Profit | 96 | 46 | 103 | 123 | 166 | 188 | 75 | 82 | 104 | 76 | 16 | 65 |
EPS in Rs | 1.73 | 0.77 | 1.71 | 2.04 | 2.76 | 3.12 | 1.24 | 1.37 | 1.73 | 1.24 | 0.26 | 1.06 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
4,683 | 5,763 | 6,105 | 6,518 | 6,968 | 7,272 | 9,513 | 9,527 | 9,001 | 8,391 | 12,896 | 8,901 | 7,622 | |
4,178 | 5,104 | 5,394 | 5,621 | 6,146 | 6,514 | 8,513 | 8,540 | 8,447 | 7,539 | 11,329 | 7,836 | 6,721 | |
Operating Profit | 505 | 659 | 711 | 898 | 823 | 758 | 1,000 | 987 | 553 | 852 | 1,567 | 1,065 | 900 |
OPM % | 11% | 11% | 12% | 14% | 12% | 10% | 11% | 10% | 6% | 10% | 12% | 12% | 12% |
Other Income | 49 | 95 | 21 | 102 | 91 | 105 | 127 | 71 | 209 | -2 | 42 | 75 | 59 |
Interest | 208 | 250 | 271 | 645 | 595 | 654 | 737 | 643 | 513 | 460 | 522 | 554 | 521 |
Depreciation | 82 | 97 | 136 | 264 | 228 | 235 | 277 | 248 | 203 | 172 | 193 | 199 | 188 |
Profit before tax | 264 | 407 | 325 | 90 | 90 | -27 | 113 | 167 | 46 | 219 | 894 | 387 | 251 |
Tax % | 30% | 30% | 32% | 24% | 42% | 138% | 45% | 51% | 82% | 37% | 37% | 19% | |
Net Profit | 181 | 283 | 222 | 55 | 56 | 3 | 54 | 120 | 32 | 169 | 579 | 337 | 260 |
EPS in Rs | 3.66 | 5.09 | 4.00 | 0.99 | 1.01 | 0.06 | 0.97 | 2.17 | 0.57 | 2.81 | 9.63 | 5.52 | 4.29 |
Dividend Payout % | 14% | 12% | 12% | 14% | 14% | 156% | 41% | 28% | 70% | 36% | 16% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | -1% |
3 Years: | -0% |
TTM: | -33% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | 56% |
3 Years: | 192% |
TTM: | -51% |
Stock Price CAGR | |
---|---|
10 Years: | -2% |
5 Years: | -2% |
3 Years: | -23% |
1 Year: | -3% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 6% |
3 Years: | 9% |
Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
46 | 51 | 51 | 51 | 51 | 51 | 111 | 111 | 111 | 120 | 120 | 122 | 122 | |
Reserves | 1,680 | 2,256 | 2,517 | 2,668 | 2,645 | 2,715 | 3,291 | 3,281 | 3,336 | 3,962 | 4,448 | 4,784 | 4,844 |
Borrowings | 2,697 | 3,252 | 4,580 | 5,316 | 3,909 | 3,914 | 3,390 | 3,208 | 2,572 | 2,061 | 2,691 | 2,181 | 1,849 |
2,366 | 2,938 | 3,398 | 4,034 | 4,585 | 5,435 | 5,753 | 5,721 | 5,090 | 6,265 | 7,401 | 6,724 | 6,440 | |
Total Liabilities | 6,789 | 8,497 | 10,546 | 12,069 | 11,190 | 12,115 | 12,545 | 12,321 | 11,109 | 12,408 | 14,660 | 13,812 | 13,255 |
950 | 1,012 | 1,845 | 3,110 | 2,809 | 2,608 | 2,446 | 1,674 | 1,099 | 1,158 | 1,551 | 1,413 | 1,346 | |
CWIP | 974 | 1,608 | 1,900 | 941 | 7 | 24 | 11 | 8 | 1 | 23 | 13 | 15 | 14 |
Investments | 307 | 241 | 275 | 362 | 671 | 1,108 | 1,133 | 1,128 | 729 | 619 | 475 | 448 | 453 |
4,559 | 5,635 | 6,526 | 7,656 | 7,703 | 8,375 | 8,955 | 9,510 | 9,281 | 10,608 | 12,621 | 11,935 | 11,442 | |
Total Assets | 6,789 | 8,497 | 10,546 | 12,069 | 11,190 | 12,115 | 12,545 | 12,321 | 11,109 | 12,408 | 14,660 | 13,812 | 13,255 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-344 | 262 | -66 | 71 | 1,620 | 634 | 867 | 395 | 314 | 586 | 673 | 931 | |
-720 | -672 | -1,335 | -456 | 394 | -67 | -95 | 193 | 376 | -188 | -619 | 11 | |
931 | 664 | 1,145 | 398 | -2,007 | -643 | -643 | -551 | -818 | -453 | 89 | -1,047 | |
Net Cash Flow | -133 | 254 | -256 | 13 | 7 | -75 | 129 | 37 | -129 | -56 | 143 | -105 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 13% | 12% | 9% | 10% | 9% | 9% | 12% | 13% | 9% | 13% | 22% | 14% |
Debtor Days | 98 | 101 | 105 | 95 | 74 | 88 | 64 | 141 | 167 | 216 | 97 | 112 |
Inventory Turnover | -0.18 | -0.01 | 1.23 | 1.21 | 1.14 | 1.25 | 1.77 | 1.41 | 1.23 | 1.11 | 2.37 | 2.18 |
Documents
Add documentRecent announcements
- Shareholding for the Period Ended December 31, 2020 15 Jan
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12 Jan
- Statement Of Investor Complaints For The Quarter Ended December 2020 11 Jan
- Announcement under Regulation 30 (LODR)-Preferential Issue 6 Jan
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 1 Jan
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse