Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

NCC Earnings Call Transcript: Key Takeaways

NCC Ltd reported record Q1 FY27 revenue growth of 12% YoY, driven by strong execution across buildings and water divisions. Management remains cautiously optimistic despite a slight increase in consolidated debt for smart meter projects.

Guidance and delivery
Management target Revenue 10.0% FY27
Highlights
Revenue growth12% YoY growth to record ₹5,842 crore on consolidated basis.
MarginsEBITDA margins stable at 9.4% vs 8.8% YoY.
Order bookRecord order book ₹81,214 crore; Buildings segment dominates at 28%.
Demand visibilityStrong ₹81,214 crore order book providing 3.5x book-to-bill visibility.
Management confidenceBalanced confidence, cautious regarding external environment and fund allocations.

Growth

Consolidated revenue grew 12% YoY to ₹5,842 crore; EBITDA margin improved to 9.4% from 8.8%.

Outlook

FY27 guidance includes revenue growth of 8-10%, order inflows of ₹22,000-25,000 crore, and margins of 8.5-9%.

Risks

Rising commodity prices (petroleum, aluminum) and uncertainty in Jal Jeevan Mission fund flows are key triggers.

Last quarter's promises, checked

Delivered

  • Guided 9% EBITDA margin → delivered 9.4% (= BEAT)
  • Guided 10% revenue growth → delivered 12% (= BEAT)

Partly delivered

  • Guided FY26 order inflow ₹24,768cr → delivered ₹22,311cr by Q3 (= PARTIAL)

Missed

  • Guided FY26 debt ~₹2,400cr → delivered ₹2,830cr (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: NCC. Summary written with AI assistance from the document.

Read the document ↗

NCC Ltd: key numbers

Share price
₹132.82
Market cap
₹8,339 Cr
Revenue (annual)
₹20,823 Cr
Net profit (annual)
₹675.3 Cr
P/E (TTM)
11.9×Sector 33.0×
Promoter holding
23.08%+0.27% QoQ
FII holding
11.29%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from NCC Ltd

All →
12:41 IST NSE
Other Announcement

NCC Other Announcement

NCC disclosed a voluntary Crisil ESG rating of 'Crisil ESG 57 (Adequate)' and Core ESG 66 (Strong). No monetary transaction or business event is involved.