Company Overview

NCC Limited, a leading infrastructure company, submitted its Integrated Annual Report for FY 2025-26, reporting consolidated financial performance and key operational metrics.

Financial Performance

Consolidated Results:

  • Revenue from Operations: ₹20,823 crore (FY26) vs ₹22,199 crore (FY25) - decrease of 6%
  • EBITDA: ₹1,836 crore with margin improvement from 8.64% to 8.82%
  • Profit After Tax: ₹675 crore (FY26) vs ₹820 crore (FY25)

Standalone Results:

  • Revenue: ₹17,463 crore
  • Profit After Tax: ₹577 crore
  • Net Worth: ₹7,574 crore
  • Debt-Equity Ratio: 0.30x
  • Recommended Dividend: ₹2.20 per share (110%)

Operational Highlights

Order Book & Business Segments:

  • Strong diversified order book of ₹83,004 crore (16% YoY growth)
  • Order inflows of ₹31,884 crore during FY26
  • Order Book Composition: Buildings (27%), Transportation (20%), Mining (17%), Electrical (17%), Water & Railways (12%)
  • Revenue Composition: Construction (78%), Coal Mining (13%), Smart Meters (6%)

Key Balance Sheet Items:

  • Total Assets: ₹22,878 crore
  • Trade Receivables: ₹4,076 crore with allowance for doubtful debts of ₹70 crore
  • Contract Assets: ₹9,552 crore
  • Total Borrowings: ₹3,457 crore
  • Cash & Bank Balances: ₹1,289 crore

Corporate Developments

Amalgamation & Structural Changes:

  • NCC Infrastructure Holdings Limited amalgamated with NCC Limited effective February 28, 2026
  • Authorized share capital increased from ₹161.50 crore to ₹911.50 crore
  • Board Changes: Sumit Banerjee appointed as Independent Director; Rajender Mohan Malla elected Chairman

ESG & Sustainability:

  • Obtained reasonable assurance on BRSR Core indicators from SGS India covering 9 ESG attributes
  • Workforce: 12,371 employees and 19,117 workers across 186 sites
  • CSR Spending: ₹9.12 crore (against obligation of ₹17.52 crore)
  • Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO/IEC 27001:2022

Regulatory & Compliance

Audit & Assurance:

  • Statutory Auditors: S R Batliboi & Associates LLP provided unqualified opinion
  • Key audit matter: Trade receivables and contract assets totaling ₹12,888 crore (56.34% of total assets)
  • No material qualifications or adverse observations in audit reports

Credit Ratings:

  • CARE: AA- (Stable) for long-term bank facilities, A1+ for commercial paper
  • India Ratings: IND AA-/Stable for long-term issuer rating

Legal Matters:

  • Two applications under Section 9 of IBC filed by vendors pending before NCLT Hyderabad
  • Company contesting these applications as no amount is due

Corporate Calendar

  • 36th AGM: August 27, 2026 (Virtual)
  • E-voting Period: August 24-26, 2026
  • Record Date: August 20, 2026
  • Dividend Record Date: August 14, 2026

Subsequent Events & Outlook

The company has complied with all regulatory requirements under Companies Act, 2013 and SEBI LODR Regulations. Performance obligations of ₹72,259 crore will be recognized as revenue over the next 1-3 years, providing revenue visibility.