NCC quarterly results and financials

NCC (NCC)₹130.93+4.42%(9 Nov 2026 close)Civil Construction

Key facts

In the Jun 2026 quarter (consolidated), NCC reported sales of ₹5,828 Cr, up 12.2% from Jun 2025, and net profit of ₹229 Cr, up 11.7% year on year. For the year to Mar 2026, sales were ₹20,894 Cr and net profit ₹725 Cr.

Sales (Jun 2026): ₹5,828 Cr
Net profit (Jun 2026): ₹229 Cr
Sales (FY Mar 2026): ₹20,894 Cr
Net profit (FY Mar 2026): ₹725 Cr
EPS (Jun 2026): ₹3.46
Borrowings (Mar 2026): ₹3,451 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

NCC quarterly results

₹ crore unless stated; each column is a quarter.

NCC Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	4,734	5,273	6,506	5,543	5,207	5,364	6,147	5,196	4,554	4,884	6,254	5,828
Expenses	4,404	4,741	5,916	5,040	4,744	4,893	5,561	4,710	4,136	4,418	5,664	5,250
Operating Profit	304	505	552	478	443	441	556	456	393	436	550	546
OPM %	6.0%	10.1%	8.1%	9.1%	9.0%	8.0%	9.1%	9.1%	9.0%	9.1%	9.0%	9.0%
Other Income	27.88	28.88	12.96	30.88	28.91	47.85	57.78	30.90	43.83	0.00	20.91	33.87
Interest	153	156	153	155	167	166	193	164	172	196	213	198
Depreciation	53.12	53.16	52.11	54.17	55.14	54.14	54.16	55.16	57.19	59.17	65.16	69.22
Profit before tax	125	326	359	301	250	271	368	269	209	183	294	313
Tax %	31.0%	29.1%	33.1%	26.0%	30.0%	24.1%	28.0%	24.1%	20.0%	26.1%	26.1%	27.1%
Exceptional items	0.00	0.00	−21.01	0.00	0.00	0.00	0.00	0.00	0.00	−25.01	0.00	0.00
Net Profit	86.02	231	239	223	175	206	265	205	167	135	217	229
EPS (Rs)	1.22	3.50	3.82	3.33	2.59	3.07	4.03	3.07	2.45	1.96	3.27	3.46

NCC profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

NCC Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	9,547	9,026	8,414	12,926	8,923	7,973	11,165	15,596	20,912	22,255	20,894	21,520
Expenses	8,523	8,299	7,492	11,275	7,804	7,011	10,077	14,058	19,018	20,227	18,927	19,468
Operating Profit	988	676	873	1,593	1,078	919	1,029	1,460	1,771	1,920	1,836	1,925
OPM %	10.0%	8.0%	10.1%	12.1%	12.1%	12.1%	9.1%	9.0%	8.1%	9.1%	9.0%	8.9%
Other Income	70.74	86.69	−22.91	16.94	62.73	105	271	143	98.68	164	95.57	98.61
Interest	644	514	461	523	555	480	479	516	596	681	746	780
Depreciation	249	204	173	194	199	181	187	204	212	217	236	251
Profit before tax	167	46.09	219	896	388	364	636	886	1,063	1,190	953	999
Tax %	51.1%	82.0%	37.0%	37.0%	19.0%	22.1%	22.1%	27.1%	30.1%	27.0%	24.1%	—
Exceptional items	−10.01	−5.01	−63.05	−51.99	−28.01	10.01	155	24.02	−21.01	43.05	−24.02	−25.01
Net Profit	82.01	8.01	139	568	314	283	494	647	741	869	725	749
EPS (Rs)	2.16	0.56	2.80	9.62	5.51	4.39	7.92	9.69	11.33	13.05	10.75	11.14
Dividend payout %	28.0%	70.0%	36.0%	16.0%	4.0%	18.0%	24.9%	22.9%	19.0%	17.0%	20.0%	—

NCC balance sheet

₹ crore, at each year end.

NCC Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	111	111	111	120	120	122	122	122	126	126	126	126
Reserves	3,290	3,280	3,335	3,958	4,473	4,781	5,044	5,478	6,033	6,515	7,193	7,737
Borrowings	3,387	3,206	2,568	2,056	2,687	2,180	2,059	1,301	972	978	1,591	3,451
Other Liabilities	5,732	5,702	5,084	6,257	7,358	6,712	6,306	7,547	9,391	10,452	12,087	14,637
Total Liabilities	12,519	12,299	11,098	12,391	14,638	13,795	13,531	14,448	16,522	18,071	20,995	25,951
Fixed Assets	2,438	1,666	1,094	1,153	1,545	1,408	1,410	1,437	1,498	1,558	1,644	2,047
CWIP	11.01	7.99	0.99	22.99	12.99	14.99	21.99	6.99	21.98	40.96	37.01	351
Investments	1,129	1,123	726	617	473	447	439	345	351	154	147	153
Other Assets	8,942	9,501	9,278	10,598	12,607	11,924	11,660	12,659	14,652	16,318	19,167	23,401
Inventories	2,768	2,872	2,727	2,842	1,431	1,396	1,226	1,157	1,379	1,771	1,816	2,452
Trade receivables	1,663	3,692	4,128	4,987	3,442	2,734	2,748	2,551	3,183	3,129	3,363	3,795
Cash & equivalents	357	346	176	118	361	387	503	598	706	1,145	1,574	1,283
Total Assets	12,519	12,299	11,098	12,391	14,638	13,795	13,531	14,448	16,522	18,071	20,995	25,951

NCC cash flow

₹ crore, for each year.

NCC Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	868	396	315	587	674	932	844	1,417	1,102	1,361	744	−460
Cash from investing activity	−95.09	193	376	−188	−620	11.02	−207	−66.09	−192	−320	−59.06	−767
Cash from financing activity	−644	−552	−819	−453	88.99	−1,048	−558	−1,275	−893	−771	−247	879
Net cash flow	130	37.14	−129	−56.22	144	−105	77.27	75.30	16.06	271	438	−347
Capex	133	275	152	319	572	150	192	219	347	285	320	956
Free cash flow	755	120	162	314	234	878	702	1,247	876	1,108	477	−1,400
CFO / OP %	91.0%	50.0%	53.0%	82.0%	56.9%	100.0%	94.0%	155.9%	96.0%	98.0%	45.0%	−7.0%

NCC ratios

Working-capital days and returns, by year.

NCC Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	64	141	167	216	97	112	126	83	75	55	55	66
Inventory days	217	264	289	337	102	165	179	116	101	86	84	128
Days payable	174	300	334	427	327	490	564	446	392	324	383	477
Cash conversion cycle	107	105	122	126	−127	−213	−258	−246	−217	−184	−244	−283
Working capital days	28	40	67	90	120	89	106	80	61	44	47	80
ROCE %	12.0%	12.0%	8.0%	12.0%	21.0%	13.0%	11.0%	12.0%	19.0%	22.0%	22.0%	17.0%

NCC: frequently asked questions

What are the latest quarterly results of NCC?

For the Jun 2026 quarter, NCC reported sales of ₹5,828 Cr, up 12.2% year on year and net profit of ₹229 Cr, up 11.7% year on year. The operating margin was 9.0%.

What is the annual revenue of NCC?

NCC's sales for the year to Mar 2026 were ₹20,894 Cr; over the last twelve months they were ₹21,520 Cr.

What is the net profit of NCC?

Net profit for the year to Mar 2026 was ₹725 Cr, and ₹749 Cr over the last twelve months. Earnings per share over the same trailing period were ₹11.14.

How much debt does NCC have?

NCC reported borrowings of ₹3,451 Cr at Mar 2026, against cash and equivalents of ₹1,283 Cr.

What is the free cash flow of NCC?

Cash from operations was −₹460 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹1,400 Cr.

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