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NCC Limited saw Q2 FY26 consolidated revenue dip 12% YoY to 4,585 Cr, with H1 revenue at 9,793 Cr, down 9.34%. Consolidated Profit After Tax (PAT) stood at 155 Cr for Q2 and 347 Cr for H1, largely impacted by monsoon and project execution slowdowns. Construction remains the primary revenue contributor.
The company's H1 FY26 order inflow reached 9,881 Cr, representing 45% of its 22,000-25,000 Cr annual target. A robust consolidated order book of 71,957 Cr, up 37% YoY, ensures strong future revenue visibility. Their Coal Mining SPV also achieved its 15 MTPA capacity.
Management anticipates a strong H2 ramp-up as major project sites gain traction and activity normalizes post-monsoon. Government infrastructure spending is expected to continue bolstering tender activity. The company's focus remains on disciplined execution and efficient working capital management. Q2 EPS was 2.46.