NCC FY26 Net Profit at ₹675 Cr; Dividend of ₹2.20
NCC Limited reported a consolidated net profit of ₹675.32 Crore for the financial year ended March 31, 2026, compared to ₹819.88 Crore in the previous year. Revenue from operations for FY2025-26 stood at ₹20944.40 Crore. The Board recommended a dividend of ₹2.20 per share and fixed August 14, 2026, as the Record Date. The company secured new orders worth ₹31884 Crore, bringing the total order book to ₹83004 Crore.

*this image is generated using AI for illustrative purposes only.
NCC Limited reported a consolidated net profit of ₹675.32 Crore for the financial year ended March 31, 2026, compared to ₹819.88 Crore in the previous year. Revenue from operations for FY2025-26 stood at ₹20944.40 Crore, a decrease from ₹22354.91 Crore in FY2024-25. The Board of Directors has recommended an equity dividend of ₹2.20 per share (110%) for the fiscal year, subject to shareholder approval at the upcoming Annual General Meeting scheduled for August 27, 2026. In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the analyst conference call held on May 16, 2026, discussing the audited financial results for the quarter and financial year ended March 31, 2026, has been made available on the company's website.
Consolidated Financial Performance
For the fourth quarter ended March 31, 2026, the company reported a consolidated turnover of ₹6250.98 Crore against ₹6189.36 Crore in the corresponding quarter of the previous year. Net profit attributable to shareholders for Q4 was ₹206.02 Crore, compared to ₹253.82 Crore in the year-ago quarter. EBITDA for the quarter stood at ₹550.41 Crore, with an EBITDA margin of 8.84%, compared to 9.10% in the same period last year. Basic and Diluted EPS for Q4 FY2025-26 was ₹3.28, down from ₹4.04 in the same period last year.
| Metric: | Q4 FY2025-26 | Q4 FY2024-25 | FY2025-26 | FY2024-25 |
|---|---|---|---|---|
| Turnover (incl. other income): | ₹6250.98 Crore | ₹6189.36 Crore | ₹20944.40 Crore | ₹22354.91 Crore |
| EBITDA: | ₹550.41 Crore | ₹556.31 Crore | ₹1836.08 Crore | ₹1918.07 Crore |
| EBITDA Margin: | 8.84% | 9.10% | — | — |
| Net Profit (attributable to shareholders): | ₹206.02 Crore | ₹253.82 Crore | ₹675.32 Crore | ₹819.88 Crore |
| Basic & Diluted EPS (₹): | ₹3.28 | ₹4.04 | ₹10.76 | ₹13.06 |
Standalone Financial Performance
On a standalone basis, NCC Limited reported a turnover of ₹17669.28 Crore for FY2025-26, compared to ₹19392.79 Crore in the previous year. Net profit for the year stood at ₹576.76 Crore versus ₹759.44 Crore in the prior year. For the fourth quarter, standalone turnover was ₹5382.19 Crore, with a net profit of ₹202.88 Crore.
| Metric: | Q4 FY2025-26 | Q4 FY2024-25 | FY2025-26 | FY2024-25 |
|---|---|---|---|---|
| Turnover (incl. other income): | ₹5382.19 Crore | ₹5445.29 Crore | ₹17669.28 Crore | ₹19392.79 Crore |
| EBITDA: | ₹448.76 Crore | ₹495.08 Crore | ₹1448.34 Crore | ₹1744.42 Crore |
| Net Profit: | ₹202.88 Crore | ₹213.76 Crore | ₹576.76 Crore | ₹759.44 Crore |
| Basic & Diluted EPS (₹): | ₹3.23 | ₹3.40 | ₹9.19 | ₹12.10 |
Dividend and Order Book
The Board has fixed Friday, August 14, 2026, as the Record Date to determine shareholder eligibility for the proposed dividend of ₹2.20 per share. During the financial year, NCC Limited secured new orders worth ₹31884 Crore, including changes in scope. The company's order book as of March 31, 2026, stood at ₹83004 Crore on a consolidated basis and ₹72259 Crore on a standalone basis.
Leadership and Governance Changes
The Board approved several key leadership appointments effective May 2026. Sri A V N Raju was reappointed as Whole-time Director for a term of five years from May 30, 2026. Smt. Kauslya Bhupathi Raju was appointed as Director (Commercial) effective September 1, 2026, and Sri A Karthik was appointed as Company Secretary & Compliance Officer effective May 15, 2026. Additionally, Sri Rajender Mohan Malla was elected as the new Chairman of the Board effective May 24, 2026, succeeding Dr A S Durga Prasad, whose term concludes on May 23, 2026.
Historical Stock Returns for NCC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.94% | -5.53% | +5.79% | -12.74% | -28.94% | +104.82% |
With NCC's revenue declining ~6% YoY despite a robust ₹83,004 Crore order book, what execution challenges or sector-specific headwinds could continue to weigh on revenue conversion in FY2026-27?
How might the new Chairman Rajender Mohan Malla's leadership style and strategic priorities differ from his predecessor, and what impact could this have on NCC's bidding strategy and capital allocation decisions?
Given the compression in EBITDA margins and a ~18% drop in net profit, what cost optimization measures or project mix improvements could NCC pursue to restore margins to previous levels?


































