NCC Limited — PPTs, 15-05-2026: Investor Presentation

Here is the financial summary:

NCC's **Business Performance** for FY26 saw consolidated revenue at ₹20,823 Cr, a 6% YoY dip, primarily due to sector-wide funding challenges in water and state-funded projects. Despite this, the company's core execution capabilities remained strong. Construction contributed 79% to revenue, with Coal Mining at 12%.

Key **Growth Drivers** include a robust, diversified order book of ₹83,004 Cr (up 16% YoY) across seven verticals like Buildings, Transportation, and Mining, giving a strong 4x book-to-bill ratio. Management is prudently pacing water project execution with collection visibility.

In **Recent Developments**, NCC secured ₹31,884 Cr in new orders and completed significant projects such as Silchar Medical College and JPNI Airport Patna. Its real estate arm, NCC Urban, also expanded its project pipeline.

**Key Financial Metrics** for FY26 show consolidated EBITDA at ₹1,836 Cr (8.82% margin) and Profit After Tax at ₹724 Cr. Earnings Per Share stood at ₹10.76. Net Debt was ₹2,815 Cr.

**Management Commentary** highlighted that EBITDA margin compression was due to lower revenue and increased finance costs from working capital. This is expected to normalize as payment cycles improve and execution picks up, especially with approval flows easing in Q4.