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NBCC (India)

BSE:534309
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
534309
BSE
₹105B
Market Cap
  1. Home
  2. IN
  3. Capital Goods
Company description

NBCC (India) Limited engages in project management consultancy and real estate development businesses in India and internationally. The last earnings update was 26 days ago. More info.


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534309 Share Price and Events
7 Day Returns
9.3%
BSE:534309
-0.1%
IN Construction
-1.1%
IN Market
1 Year Returns
-24.4%
BSE:534309
3.7%
IN Construction
-1.6%
IN Market
534309 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
NBCC (India) (534309) 9.3% 1.2% -4% -24.4% -1.1% 167.9%
IN Construction -0.1% -2% 6.2% 3.7% 43.7% 36.8%
IN Market -1.1% -1.5% 0.7% -1.6% 32.6% 39.1%
1 Year Return vs Industry and Market
  • 534309 underperformed the Construction industry which returned 3.7% over the past year.
  • 534309 underperformed the Market in India which returned -1.6% over the past year.
Price Volatility
534309
Industry
5yr Volatility vs Market

534309 Value

 Is NBCC (India) undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of NBCC (India) to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for NBCC (India).

BSE:534309 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 16.2%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:534309
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Construction Unlevered Beta Simply Wall St/ S&P Global 1.02
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.015 (1 + (1- 35%) (0%))
1.01
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.01
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.01 * 8.6%)
16.24%

Discounted Cash Flow Calculation for BSE:534309 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for NBCC (India) is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:534309 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 16.24%)
2019 675.00 Analyst x1 580.70
2020 553.00 Analyst x1 409.28
2021 987.00 Analyst x1 628.44
2022 765.40 Est @ -22.45% 419.26
2023 662.44 Est @ -13.45% 312.17
2024 615.07 Est @ -7.15% 249.35
2025 598.22 Est @ -2.74% 208.64
2026 600.29 Est @ 0.35% 180.11
2027 615.34 Est @ 2.51% 158.84
2028 640.08 Est @ 4.02% 142.14
Present value of next 10 years cash flows ₹3,288.92
BSE:534309 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹640.08 × (1 + 7.55%) ÷ (16.24% – 7.55%)
₹7,922.66
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹7,922.66 ÷ (1 + 16.24%)10
₹1,759.34
BSE:534309 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹3,288.92 + ₹1,759.34
₹5,048.25
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹5,048.25 / 1,800.00
₹2.8
BSE:534309 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹2.80
Current discount Discount to share price of ₹61.90
= -1 x (₹61.90 - ₹2.80) / ₹2.80
-2107.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of NBCC (India) is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for NBCC (India)'s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are NBCC (India)'s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:534309 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹2.08
BSE:534309 Share Price ** BSE (2019-06-24) in INR ₹61.9
India Construction Industry PE Ratio Median Figure of 92 Publicly-Listed Construction Companies 14.62x
India Market PE Ratio Median Figure of 2,825 Publicly-Listed Companies 15.44x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of NBCC (India).

BSE:534309 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:534309 Share Price ÷ EPS (both in INR)

= 61.9 ÷ 2.08

29.76x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NBCC (India) is overvalued based on earnings compared to the IN Construction industry average.
  • NBCC (India) is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does NBCC (India)'s expected growth come at a high price?
Raw Data
BSE:534309 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 29.76x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
18.6%per year
India Construction Industry PEG Ratio Median Figure of 26 Publicly-Listed Construction Companies 0.94x
India Market PEG Ratio Median Figure of 523 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

BSE:534309 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 29.76x ÷ 18.6%

1.6x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NBCC (India) is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on NBCC (India)'s assets?
Raw Data
BSE:534309 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹8.38
BSE:534309 Share Price * BSE (2019-06-24) in INR ₹61.9
India Construction Industry PB Ratio Median Figure of 118 Publicly-Listed Construction Companies 0.86x
India Market PB Ratio Median Figure of 3,653 Publicly-Listed Companies 0.97x
BSE:534309 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:534309 Share Price ÷ Book Value per Share (both in INR)

= 61.9 ÷ 8.38

7.39x

* Primary Listing of NBCC (India).

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NBCC (India) is overvalued based on assets compared to the IN Construction industry average.
X
Value checks
We assess NBCC (India)'s value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Construction industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Construction industry average (and greater than 0)? (1 check)
  5. NBCC (India) has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

534309 Future Performance

 How is NBCC (India) expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is NBCC (India) expected to grow at an attractive rate?
  • NBCC (India)'s earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • NBCC (India)'s earnings growth is expected to exceed the India market average.
  • NBCC (India)'s revenue growth is positive but not above the India market average.
Annual Growth Rates Comparison
Raw Data
BSE:534309 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:534309 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 18.6%
BSE:534309 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 1.1%
India Construction Industry Earnings Growth Rate Market Cap Weighted Average 13.3%
India Construction Industry Revenue Growth Rate Market Cap Weighted Average 10.9%
India Market Earnings Growth Rate Market Cap Weighted Average 16.7%
India Market Revenue Growth Rate Market Cap Weighted Average 9.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:534309 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:534309 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 104,394 5,481 2
2020-03-31 86,148 4,736 2
BSE:534309 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 99,430 3,752
2018-12-31 82,179 3,843
2018-09-30 73,025 3,637
2018-06-30 72,394 3,688
2018-03-31 69,269 2,387 3,547
2017-12-31 58,830 3,827
2017-09-30 60,751 3,788
2017-06-30 62,426 3,668
2017-03-31 73,875 6,049 3,547
2016-12-31 61,626 3,277
2016-09-30 61,084 3,188
2016-06-30 59,418 3,178

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • NBCC (India)'s earnings are expected to grow by 18.6% yearly, however this is not considered high growth (20% yearly).
  • NBCC (India)'s revenue is expected to grow by 1.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:534309 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from NBCC (India) Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:534309 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 3.04 3.08 3.00 2.00
2020-03-31 2.62 2.65 2.60 2.00
BSE:534309 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 2.08
2018-12-31 2.13
2018-09-30 2.02
2018-06-30 2.05
2018-03-31 1.97
2017-12-31 2.13
2017-09-30 2.11
2017-06-30 2.04
2017-03-31 1.97
2016-12-31 1.82
2016-09-30 1.77
2016-06-30 1.77

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • NBCC (India) is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess NBCC (India)'s future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
NBCC (India) has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

534309 Past Performance

  How has NBCC (India) performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare NBCC (India)'s growth in the last year to its industry (Construction).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • NBCC (India)'s year on year earnings growth rate has been positive over the past 5 years.
  • NBCC (India)'s 1-year earnings growth is less than its 5-year average (5.8% vs 9.2%)
  • NBCC (India)'s earnings growth has not exceeded the IN Construction industry average in the past year (5.8% vs 7.1%).
Earnings and Revenue History
NBCC (India)'s revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from NBCC (India) Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:534309 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 99,429.74 3,751.60 3,264.16
2018-12-31 82,179.35 3,843.08 2,966.43
2018-09-30 73,024.91 3,637.34 3,004.48
2018-06-30 72,393.70 3,687.56 3,112.20
2018-03-31 69,269.48 3,547.14 3,362.10
2017-12-31 58,829.76 3,827.49 3,435.79
2017-09-30 60,751.40 3,788.47 3,236.15
2017-06-30 62,426.48 3,667.75 2,828.46
2017-03-31 73,875.46 3,547.16 2,632.65
2016-12-31 61,625.90 3,277.08 2,354.02
2016-09-30 61,084.09 3,188.26 2,311.33
2016-06-30 59,418.25 3,177.68 2,255.97
2016-03-31 57,652.58 2,892.98 2,365.28
2015-12-31 54,901.16 3,032.87 2,566.65 24.71
2015-09-30 51,726.29 2,964.54 2,521.07 24.71
2015-06-30 49,594.89 2,888.35 2,510.44 24.71
2015-03-31 43,749.42 2,782.77 2,090.35
2014-12-31 42,875.45 2,473.78 2,206.89 10.38
2014-09-30 41,815.60 2,524.97 2,379.74 10.38
2014-06-30 41,454.78 2,530.34 2,269.90 10.38
2014-03-31 40,539.84 2,574.53 2,193.81 10.38
2013-12-31 39,115.44 2,506.66 2,350.06 11.22
2013-09-30 36,270.65 2,303.15 2,097.81 11.22
2013-06-30 34,050.84 2,183.99 1,767.67
2013-03-31 31,984.82 2,074.99 2,023.26 11.22
2012-12-31 33,584.12 1,775.94 1,984.20 1.05
2012-09-30 33,213.51 1,915.28 1,884.02 1.05
2012-06-30 33,534.20 1,663.49 1,624.40

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • NBCC (India) has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • NBCC (India) used its assets less efficiently than the IN Construction industry average last year based on Return on Assets.
  • NBCC (India) has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess NBCC (India)'s performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Construction industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
NBCC (India) has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

534309 Health

 How is NBCC (India)'s financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up NBCC (India)'s finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • NBCC (India) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • NBCC (India)'s cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of NBCC (India)'s finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • NBCC (India) has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from NBCC (India) Company Filings, last reported 2 months ago.

BSE:534309 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 16,567.29 0.00 68,230.23
2018-12-31 13,670.76 0.00 26,161.90
2018-09-30 13,670.76 0.00 26,161.90
2018-06-30 21,177.61 0.00 38,399.29
2018-03-31 21,177.61 0.00 22,938.21
2017-12-31 19,610.88 0.00 32,787.76
2017-09-30 19,610.88 0.00 32,787.76
2017-06-30 16,948.77 0.00 20,389.73
2017-03-31 19,319.33 59.35 20,781.70
2016-12-31 15,541.04 0.00 14,659.82
2016-09-30 15,541.04 0.00 14,659.82
2016-06-30 15,064.58 0.00 13,678.82
2016-03-31 15,425.23 116.30 13,632.92
2015-12-31 14,521.12 0.00 10,834.09
2015-09-30 14,521.12 0.00 10,834.09
2015-06-30 13,383.97 0.00 12,013.97
2015-03-31 13,383.97 0.00 12,013.97
2014-12-31 12,336.88 0.00 12,500.87
2014-09-30 12,336.88 0.00 12,500.87
2014-06-30 11,405.77 0.00 12,905.19
2014-03-31 11,405.77 0.00 12,905.19
2013-12-31 10,524.70 0.00 16,740.38
2013-09-30 10,524.70 0.00 16,740.38
2013-06-30 9,506.93 0.00 16,425.31
2013-03-31 9,506.93 0.00 16,425.31
2012-12-31 8,718.27 0.00 13,921.42
2012-09-30 8,718.27 0.00 13,921.42
2012-06-30
  • NBCC (India) has no debt.
  • NBCC (India) had no debt 5 years ago.
  • NBCC (India) has no debt, it does not need to be covered by operating cash flow.
  • NBCC (India) has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess NBCC (India)'s financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. NBCC (India) has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

534309 Dividends

 What is NBCC (India)'s current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.05%
Current annual income from NBCC (India) dividends. Estimated to be 2.06% next year.
If you bought ₹2,000 of NBCC (India) shares you are expected to receive ₹21 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • NBCC (India)'s pays a higher dividend yield than the bottom 25% of dividend payers in India (0.54%).
  • NBCC (India)'s dividend is below the markets top 25% of dividend payers in India (2.08%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:534309 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
India Construction Industry Average Dividend Yield Market Cap Weighted Average of 49 Stocks 1.2%
India Market Average Dividend Yield Market Cap Weighted Average of 1449 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:534309 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 1.32 2.00
2020-03-31 1.23 2.00
BSE:534309 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-05-29 0.650 1.088
2018-08-20 0.835 1.425
2018-05-25 0.835 1.102
2018-03-08 0.825 0.822
2017-08-21 0.815 0.706
2017-02-13 0.530 0.552
2016-05-16 0.667 0.865
2015-07-31 0.367 0.574
2015-05-22 0.367 0.636
2014-08-12 0.333 0.675
2014-05-26 0.333 1.365
2013-08-19 0.250 2.632
2013-05-27 0.250 2.907
2012-08-17 0.233 2.601
2012-04-16 0.233 3.809

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NBCC (India) has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but NBCC (India) only paid a dividend in the past 7 years.
Current Payout to shareholders
What portion of NBCC (India)'s earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.3x coverage).
X
Income/ dividend checks
We assess NBCC (India)'s dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can NBCC (India) afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. NBCC (India) has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

534309 Management

 What is the CEO of NBCC (India)'s salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Shiv Meena
TENURE AS CEO 0.2 years
CEO Bio

Shri Shiv Das Meena serves as Chairman and Managing Director at NBCC (India) Limited since April 1, 2019. Shri Meena has been a Director at National Housing Bank since February 2019. Shri Meena is Additional Secretary to the Government of India, Ministry of Housing and Urban Affairs.

CEO Compensation
  • Insufficient data for Shiv to compare compensation growth.
  • Insufficient data for Shiv to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team Tenure

Average tenure and age of the NBCC (India) management team in years:

2.7
Average Tenure
57
Average Age
  • The tenure for the NBCC (India) management team is about average.
Management Team

Baldev Sokhey

TITLE
Chief Financial Officer
COMPENSATION
₹1M
TENURE
1.3 yrs

Deepti Gambhir

TITLE
Compliance Officer & Company Secretary
COMPENSATION
₹3M
TENURE
5.6 yrs

Rajendra Chaudhari

TITLE
Director of Commercial & Director
COMPENSATION
₹9M
AGE
53
TENURE
4 yrs

Neelesh Kumar Shah

TITLE
Director of Projects & Additional Director
COMPENSATION
₹8M
AGE
57
TENURE
1.3 yrs

Shiv Meena

TITLE
Chairman & MD
TENURE
0.2 yrs

Ram Mehra

TITLE
Executive Director of Engineering and Head of Regional Business Group - East
COMPENSATION
₹2M
AGE
61

Sanjiv Swarup

TITLE
Chief Vigilance Officer
AGE
57
TENURE
4.2 yrs

A. Sabeena

TITLE
Chief Executive Officer of NBCC Services Limited
Board of Directors Tenure

Average tenure and age of the NBCC (India) board of directors in years:

2.9
Average Tenure
62
Average Age
  • The average tenure for the NBCC (India) board of directors is less than 3 years, this suggests a new board.
Board of Directors

Rajendra Chaudhari

TITLE
Director of Commercial & Director
COMPENSATION
₹9M
AGE
53
TENURE
4 yrs

Neelesh Kumar Shah

TITLE
Director of Projects & Additional Director
COMPENSATION
₹8M
AGE
57
TENURE
1.3 yrs

Shiv Meena

TITLE
Chairman & MD
TENURE
0.2 yrs

Sairam Mocherla

TITLE
Independent Director
COMPENSATION
₹320K
AGE
54
TENURE
2.9 yrs

Chamarthi Raju

TITLE
Independent Director
COMPENSATION
₹335K
AGE
62
TENURE
2.9 yrs

Ashok Khurana

TITLE
Independent Director
COMPENSATION
₹390K
AGE
65
TENURE
2.9 yrs

Tajuddin Mhaisale

TITLE
Independent Director
COMPENSATION
₹345K
AGE
65
TENURE
2.9 yrs

Jhanja Tripathy

TITLE
Nominee Director
AGE
58
TENURE
5 yrs

C. Reddy

TITLE
Independent Director
COMPENSATION
₹155K
AGE
63
TENURE
2.9 yrs

Rajendrasinh Rana

TITLE
Independent Director
COMPENSATION
₹315K
AGE
62
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
28. Mar 19 Buy Ministry of Urban Development, India Company 25. Mar 19 25. Mar 19 4,656,429 ₹1.00 ₹4,656,176
26. Mar 19 Sell Ministry of Urban Development, India Company 18. Mar 19 18. Mar 19 -31,093,284 ₹1.00 ₹-31,093,129
12. Mar 19 Sell Ministry of Urban Development, India Company 21. Feb 19 21. Feb 19 -16,507,062 ₹45.95 ₹-758,523,584
09. Jul 18 Buy Ministry of Urban Development, India Company 03. Jul 18 03. Jul 18 1,124,042 ₹1.00 ₹1,123,978
X
Management checks
We assess NBCC (India)'s management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. NBCC (India) has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

534309 News

Simply Wall St News

NBCC (India) Limited (BOM:534309): An Investing Strategy To Help You Win

Today I want to bring to light the market's darling - NBCC (India) Limited. … Looking at its size, financial health and track record, I believe there's an opportunity with NBCC (India) during these volatile times. … NBCC (India) Limited engages in project management consultancy and real estate development businesses in India and internationally

Simply Wall St -

534309 Company Info

Description

NBCC (India) Limited engages in project management consultancy and real estate development businesses in India and internationally. The company also provides engineering, procurement, and construction (EPC) contracting services. Its Project Management Consultancy segment offers services for various civil construction projects, including residential and commercial complexes, re-development of colonies, hospitals, educational institutions, infrastructure works for security personnel, and border fencing projects, as well as infrastructure projects, such as roads, water supply systems, storm water drainage systems, water storage solutions, and solid waste management schemes. The company’s EPC segment executes various projects, which include chimneys, cooling towers, coal handling plants, roads, bridges, flyovers, metro stations, metro elevated tracks, water and sewage treatment plants, solid waste management systems, TV towers, airports, runways, border fencing, etc. Its Real Estate Development segment develops residential, commercial, and institutional projects. The company is also involved in the provision of post-construction maintenance services; construction of harbors and electricity network; implementation of integrated steel plants; and environment and sustainability business. The company was formerly known as National Buildings Construction Corporation Limited and changed its name to NBCC (India) Limited in May 2016. NBCC (India) Limited was founded in 1960 and is headquartered in New Delhi, India.

Details
Name: NBCC (India) Limited
534309
Exchange: BSE
Founded: 1960
₹105,480,000,000
1,800,000,000
Website: http://www.nbccindia.com
Address: NBCC (India) Limited
NBCC Bhawan,
Lodhi Road,
New Delhi,
Delhi, 110003,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 534309 Equity Shares Mumbai Stock Exchange IN INR 12. Apr 2012
NSEI NBCC Equity Shares National Stock Exchange of India IN INR 12. Apr 2012
Number of employees
Current staff
Staff numbers
1,945
NBCC (India) employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/24 13:02
End of day share price update: 2019/06/24 00:00
Last estimates confirmation: 2019/06/04
Last earnings filing: 2019/05/29
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.