BSE:534309

Stock Analysis Report

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Executive Summary

NBCC (India) Limited engages in project management consultancy and real estate development businesses in India and internationally. More Details


Snowflake Analysis

Flawless balance sheet with moderate growth potential.

Share Price & News

How has NBCC (India)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 534309's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.6%

534309

-0.4%

IN Construction

-0.6%

IN Market


1 Year Return

-38.8%

534309

-31.7%

IN Construction

2.2%

IN Market

Return vs Industry: 534309 underperformed the Indian Construction industry which returned -32.2% over the past year.

Return vs Market: 534309 underperformed the Indian Market which returned 1.1% over the past year.


Shareholder returns

534309IndustryMarket
7 Day-2.6%-0.4%-0.6%
30 Day-12.2%-2.1%0.2%
90 Day-12.1%-0.7%6.7%
1 Year-38.8%-38.8%-30.4%-31.7%3.9%2.2%
3 Year-81.7%-82.2%-30.0%-32.8%2.6%-2.4%
5 Year-63.0%-64.7%-11.2%-16.8%41.3%30.8%

Price Volatility Vs. Market

How volatile is NBCC (India)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is NBCC (India) undervalued compared to its fair value and its price relative to the market?

119.25x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 534309 (₹22.6) is trading above our estimate of fair value (₹18.54)

Significantly Below Fair Value: 534309 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 534309 is poor value based on its PE Ratio (119.3x) compared to the IN Construction industry average (11.5x).

PE vs Market: 534309 is poor value based on its PE Ratio (119.3x) compared to the Indian market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: 534309 is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: 534309 is overvalued based on its PB Ratio (2.8x) compared to the IN Construction industry average (0.5x).


Next Steps

Future Growth

How is NBCC (India) forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

53.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 534309's forecast earnings growth (53.3% per year) is above the savings rate (7.2%).

Earnings vs Market: 534309's earnings (53.3% per year) are forecast to grow faster than the Indian market (25.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 534309's revenue (10.8% per year) is forecast to grow slower than the Indian market (11.5% per year).

High Growth Revenue: 534309's revenue (10.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 534309's Return on Equity is forecast to be low in 3 years time (16.7%).


Next Steps

Past Performance

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

-10.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 534309 has high quality earnings.

Growing Profit Margin: 534309's current net profit margins (0.5%) are lower than last year (3.6%).


Past Earnings Growth Analysis

Earnings Trend: 534309's earnings have declined by 10.4% per year over the past 5 years.

Accelerating Growth: 534309's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 534309 had negative earnings growth (-89.7%) over the past year, making it difficult to compare to the Construction industry average (-14.8%).


Return on Equity

High ROE: 534309's Return on Equity (3.7%) is considered low.


Next Steps

Financial Health

How is NBCC (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: 534309's short term assets (₹116.3B) exceed its short term liabilities (₹105.0B).

Long Term Liabilities: 534309's short term assets (₹116.3B) exceed its long term liabilities (₹4.3B).


Debt to Equity History and Analysis

Debt Level: 534309 is debt free.

Reducing Debt: 534309 had no debt 5 years ago.

Debt Coverage: 534309 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 534309 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

0.60%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 534309's dividend (0.6%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).

High Dividend: 534309's dividend (0.6%) is low compared to the top 25% of dividend payers in the Indian market (2.3%).


Stability and Growth of Payments

Stable Dividend: 534309 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 534309 has only been paying a dividend for 9 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (71.2%), 534309's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 534309's dividends in 3 years are forecast to be well covered by earnings (38.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure


CEO

P. Gupta

1

Tenure

Mr. P. K. Gupta serves as Chairman & Managing Director of NBCC (India) Limited since October 7, 2019. He served as an Executive Director of Regional Projects at RITES Ltd. and also served as its Executive ...


Leadership Team

NamePositionTenureCompensationOwnership
Baldev Sokhey
Director of Finance & Director1.17yrs₹4.55m0.00028%
₹ 112.9k
Deepti Gambhir
Compliance Officer & Company Secretary6.92yrs₹2.93m0.00036%
₹ 145.2k
Rajendra Chaudhari
Director of Commercial & Director5.33yrs₹7.12m0.00066%
₹ 266.1k
Neelesh Kumar Shah
Director of Projects & Additional Director2.67yrs₹6.99m0.00056%
₹ 225.8k
P. Gupta
Chairman & MD1yrno datano data
Ram Mehra
Executive Director of Engineering and Head of Regional Business Group - Eastno data₹1.70mno data
Sanjiv Swarup
Chief Vigilance Officer5.5yrsno datano data

2.7yrs

Average Tenure

59yo

Average Age

Experienced Management: 534309's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Baldev Sokhey
Director of Finance & Director1.17yrs₹4.55m0.00028%
₹ 112.9k
Rajendra Chaudhari
Director of Commercial & Director5.33yrs₹7.12m0.00066%
₹ 266.1k
Neelesh Kumar Shah
Director of Projects & Additional Director2.67yrs₹6.99m0.00056%
₹ 225.8k
P. Gupta
Chairman & MD1yrno datano data
Shyam Dubey
Government Nominee Director1.17yrsno datano data
Shiv Meena
Director1.5yrsno datano data
Jyoti Shukla
Independent Director1.17yrsno datano data
Kamran Rizvi
Government Nominee Director0.75yrno datano data

1.2yrs

Average Tenure

56yo

Average Age

Experienced Board: 534309's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

NBCC (India) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NBCC (India) Limited
  • Ticker: 534309
  • Exchange: BSE
  • Founded: 1960
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ₹40.320b
  • Shares outstanding: 1.80b
  • Website: https://www.nbccindia.com

Number of Employees


Location

  • NBCC (India) Limited
  • NBCC Bhawan
  • Lodhi Road
  • New Delhi
  • Delhi
  • 110003
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
534309BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2012
NBCCNSEI (National Stock Exchange of India)YesEquity SharesININRApr 2012

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 12:36
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.