NCC Limited

NSEI:NCC Stock Report

Market Cap: ₹88.3b

NCC Past Earnings Performance

Past criteria checks 2/6

NCC has been growing earnings at an average annual rate of 13.1%, while the Construction industry saw earnings growing at 31% annually. Revenues have been growing at an average rate of 16.5% per year. NCC's return on equity is 9.3%, and it has net margins of 3.3%.

Key information

13.14%

Earnings growth rate

12.60%

EPS growth rate

Construction Industry Growth18.99%
Revenue growth rate16.47%
Return on equity9.32%
Net Margin3.26%
Next Earnings Update05 Nov 2026

Recent past performance updates

Analysis Article May 23

NCC's (NSE:NCC) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Investors were disappointed by NCC Limited's ( NSE:NCC ) latest earnings release. We did some further digging and think...

Recent updates

Analysis Article May 23

NCC's (NSE:NCC) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Investors were disappointed by NCC Limited's ( NSE:NCC ) latest earnings release. We did some further digging and think...
Analysis Article Feb 04

Benign Growth For NCC Limited (NSE:NCC) Underpins Its Share Price

With a price-to-earnings (or "P/E") ratio of 12.1x NCC Limited ( NSE:NCC ) may be sending bullish signals at the...
Analysis Article Jan 09

NCC (NSE:NCC) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 26

NCC's (NSE:NCC) Returns On Capital Are Heading Higher

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
Analysis Article Dec 09

A Look At The Fair Value Of NCC Limited (NSE:NCC)

Key Insights The projected fair value for NCC is ₹192 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article Aug 23

It's Unlikely That NCC Limited's (NSE:NCC) CEO Will See A Huge Pay Rise This Year

Key Insights NCC to hold its Annual General Meeting on 29th of August CEO Alluri Ananta Venkata Raju's total...
Analysis Article Jul 09

NCC (NSE:NCC) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jun 27

We Like NCC's (NSE:NCC) Returns And Here's How They're Trending

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Analysis Article Jun 14

Is NCC Limited (NSE:NCC) Worth ₹227 Based On Its Intrinsic Value?

Key Insights The projected fair value for NCC is ₹172 based on 2 Stage Free Cash Flow to Equity NCC's ₹227 share price...
Analysis Article Apr 08

Here's Why We Think NCC (NSE:NCC) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Mar 20

We Like NCC's (NSE:NCC) Returns And Here's How They're Trending

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Analysis Article Mar 03

Is It Time To Consider Buying NCC Limited (NSE:NCC)?

While NCC Limited ( NSE:NCC ) might not have the largest market cap around , it received a lot of attention from a...
Analysis Article Feb 19

Earnings Working Against NCC Limited's (NSE:NCC) Share Price Following 26% Dive

Unfortunately for some shareholders, the NCC Limited ( NSE:NCC ) share price has dived 26% in the last thirty days...
Analysis Article Feb 01

A Look At The Fair Value Of NCC Limited (NSE:NCC)

Key Insights NCC's estimated fair value is ₹227 based on 2 Stage Free Cash Flow to Equity With ₹252 share price, NCC...
Analysis Article Jan 07

These 4 Measures Indicate That NCC (NSE:NCC) Is Using Debt Reasonably Well

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Dec 21

If EPS Growth Is Important To You, NCC (NSE:NCC) Presents An Opportunity

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Oct 17

Shareholders Are Optimistic That NCC (NSE:NCC) Will Multiply In Value

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Sep 20

Investors Holding Back On NCC Limited (NSE:NCC)

With a price-to-earnings (or "P/E") ratio of 25.7x NCC Limited ( NSE:NCC ) may be sending bullish signals at the...
Analysis Article Sep 08

The Compensation For NCC Limited's (NSE:NCC) CEO Looks Deserved And Here's Why

Key Insights NCC to hold its Annual General Meeting on 14th of September CEO Alluri Ananta Venkata Raju's total...
Analysis Article Aug 20

NCC (NSE:NCC) Has Announced A Dividend Of ₹2.20

NCC Limited ( NSE:NCC ) will pay a dividend of ₹2.20 on the 30th of September. Based on this payment, the dividend...
Analysis Article Aug 07

Is Now An Opportune Moment To Examine NCC Limited (NSE:NCC)?

NCC Limited ( NSE:NCC ), is not the largest company out there, but it received a lot of attention from a substantial...
Analysis Article Jul 23

NCC (NSE:NCC) Is Due To Pay A Dividend Of ₹2.20

The board of NCC Limited ( NSE:NCC ) has announced that it will pay a dividend of ₹2.20 per share on the 1st of...
Analysis Article Jul 03

Shareholders Are Optimistic That NCC (NSE:NCC) Will Multiply In Value

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Apr 05

A Look At The Intrinsic Value Of NCC Limited (NSE:NCC)

Key Insights NCC's estimated fair value is ₹295 based on 2 Stage Free Cash Flow to Equity NCC's ₹255 share price...
Analysis Article Mar 21

NCC (NSE:NCC) Is Reinvesting To Multiply In Value

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Analysis Article Feb 23

NCC Limited (NSE:NCC) Soars 26% But It's A Story Of Risk Vs Reward

NCC Limited ( NSE:NCC ) shares have continued their recent momentum with a 26% gain in the last month alone. The annual...
Analysis Article Jan 21

Here's Why NCC (NSE:NCC) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jan 07

A Piece Of The Puzzle Missing From NCC Limited's (NSE:NCC) Share Price

NCC Limited's ( NSE:NCC ) price-to-earnings (or "P/E") ratio of 18.3x might make it look like a buy right now compared...
Analysis Article Dec 11

Is Now The Time To Look At Buying NCC Limited (NSE:NCC)?

NCC Limited ( NSE:NCC ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analysis Article Nov 28

A Look At The Intrinsic Value Of NCC Limited (NSE:NCC)

Key Insights The projected fair value for NCC is ₹164 based on 2 Stage Free Cash Flow to Equity With ₹163 share price...
Analysis Article Nov 13

Investors Shouldn't Overlook The Favourable Returns On Capital At NCC (NSE:NCC)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Analysis Article Sep 01

Why NCC Limited (NSE:NCC) Could Be Worth Watching

NCC Limited ( NSE:NCC ), is not the largest company out there, but it received a lot of attention from a substantial...
Analysis Article Jul 21

Do NCC's (NSE:NCC) Earnings Warrant Your Attention?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Jul 07

These 4 Measures Indicate That NCC (NSE:NCC) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Revenue & Expenses Breakdown

How NCC makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:NCC Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 26214,5586,99612,7000
31 Mar 26208,2306,75312,3890
31 Dec 25207,2127,23111,8310
30 Sep 25211,9747,93811,7760
30 Jun 25218,5048,02111,6500
31 Mar 25221,9948,19911,4420
31 Dec 24225,5348,05210,6990
30 Sep 24224,6898,32710,4760
30 Jun 24219,9267,4717,0710
31 Mar 24208,4507,1079,6900
31 Dec 23193,0916,6249,0060
30 Sep 23179,5865,9948,6060
30 Jun 23166,1256,5315,6470
31 Mar 23155,5346,0928,2070
31 Dec 22140,2176,6057,4730
30 Sep 22131,8715,7927,2880
30 Jun 22123,9505,6217,0230
31 Mar 22111,3804,8246,7860
31 Dec 21104,7723,5715,8430
30 Sep 2195,8923,5195,6230
30 Jun 2187,1613,0265,4360
31 Mar 2179,4942,6835,3890
31 Dec 2074,6722,2735,7930
30 Sep 2076,2172,5996,0650
30 Jun 2078,5172,7754,5550
31 Mar 2089,0113,3656,6960
31 Dec 19103,2774,4837,5120
30 Sep 19114,2505,1037,5270
30 Jun 19127,2955,5077,4760
31 Mar 19128,9565,7877,3840
31 Dec 18117,5074,3757,0680
30 Sep 18104,3863,6906,9380
30 Jun 1886,9982,4356,8120
31 Mar 1883,9061,6866,7240
31 Mar 1790,0063177,0080
31 Mar 1695,2721,2047,2220
31 Dec 1592,3531,3619,1150
30 Sep 1594,9051,2138,8770

Quality Earnings: NCC has high quality earnings.

Growing Profit Margin: NCC's current net profit margins (3.3%) are lower than last year (3.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NCC's earnings have grown by 13.1% per year over the past 5 years.

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

Earnings vs Industry: NCC had negative earnings growth (-12.8%) over the past year, making it difficult to compare to the Construction industry average (19.7%).


Return on Equity

High ROE: NCC's Return on Equity (9.3%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/16 00:11
End of Day Share Price 2026/08/14 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NCC Limited is covered by 38 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null null360 ONE Capital Market Private Limited
Kunal Sheth360 ONE Capital Market Private Limited
Saurabh MukherjeaAmbit Capital