| Management target | Revenue FY27 |
|---|
| Revenue growth | Q2 consolidated revenue +32% YoY to ₹6,042 Cr; H1 +21%. |
|---|---|
| Margins | Console EBITDA 8.8% vs 8.7% YoY; H1 9.1% vs 8.7%. |
| Order book | 3.5x trailing 12-month revenue; Oct inflow ₹2,381 Cr. |
| Demand visibility | Order book ₹80,167 Cr, +11% YoY; YTD inflow ~50% of guidance floor. |
| Management confidence | Balanced; retained FY27 guidance, called Q3 premature to assess. |
Growth
Consolidated revenue +32% YoY; standalone +31%; H1 +21%. Margin 8.8% vs 8.7%, so profit growth trails revenue.
Outlook
FY27 revenue growth 8-10% retained; order inflow guidance ₹22,000-25,000 Cr; FY27 capex budget ₹500 Cr.
Risks
Implied H2 degrowth unexplained; retention money rising to ₹2,547 Cr; consolidated debt ₹4,110 Cr vs ₹2,923 Cr.
Last quarter's promises, checked
Delivered
- FY27 revenue growth 8-10% → H1 consol +21% (= BEAT, H1 only)
- FY27 EBITDA margin 8.5-9% → H1 consol 9.1% (= BEAT)
Partly delivered
- FY27 order inflow ₹22,000-25,000 Cr → YTD ~50% of ₹22,000 Cr floor (= PARTIAL)
- FY27 capex ₹500 Cr → H1 ₹253 Cr (= PARTIAL, on pace)
- Standalone debt flat ~₹2,400 Cr by Mar-27 → consol debt ₹4,110 Cr vs ₹2,923 Cr; standalone undisclosed (= PARTIAL, unverifiable)
Earnings Call Transcript filed with NSE, NSE: NCC. Summary written with AI assistance from the document.
NCC Ltd: key numbers
- Share price
- ₹122.84
- Market cap
- ₹7,712 Cr
- Revenue (annual)
- ₹20,823 Cr
- Net profit (annual)
- ₹675.3 Cr
- P/E (TTM)
- 10.6×Sector 33.4×
- Promoter holding
- 23.19%+0.11% QoQ
- FII holding
- 10.44%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from NCC Ltd
All →NCC Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue ₹6,042 Cr (+32%), EBITDA ₹528 Cr (8.79% margin), PAT ₹184 Cr (+19%); order book ₹80,167 Cr.
NCC Management Change
NCC Limited re-appointed three executive directors, A V Ranga Raju Alluri as MD and two Whole-time Directors, effective 1 April 2027 for 60 months. Only a board-level leadership renewal is disclosed, with no financial amount.
- Execution
- Re-appointment term of 60 months from 2027-04-01
NCC Q2 FY27 Results: Net Profit ₹198.8 Cr, Up 18.8% YoY
NCC Ltd reported revenue from operations of ₹6,015 Cr (+32.4% YoY) and net profit of ₹198.8 Cr (+18.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹198.8 Cr · +18.8% YoY
NCC Bags ₹1,862 Cr Order
NCC won eight orders worth Rs 1,862.45 Crore in October 2026 across Water, Buildings and Transportation. This excludes the earlier Rs 1,286.03 Crore major order.
- Value
- ₹1,862 Cr
NCC Board Meeting Date
NCC Ltd intimated that its Board will meet on 5 Nov 2026 to approve unaudited financial results for Q1 and H1 FY27. No results or monetary figures are reported in this advance notice.
NCC Other Announcement
NCC Limited announced the sad demise of its Founder, Chairman Emeritus, and Promoter, Dr. A V S Raju, on 13th October 2026.