NCC Limited announced the demise of Padma Shri Dr. A V S Raju, its Founder, Chairman Emeritus, and Promoter, on October 13, 2026. The company filed an intimation with stock exchanges regarding the passing of the visionary leader who laid the foundation for the infrastructure major.

Leadership transition and promoter status

Pursuant to Regulation 31A(6)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Dr. Raju ceases to be classified as a Promoter of the company following his death. The filing confirms that his role as a key promoter figure has ended due to this natural event.

Legacy and contributions

Dr. Raju was instrumental in NCC's growth and evolution into one of India's leading construction and infrastructure companies. The company expressed profound gratitude for his invaluable contributions and enduring legacy, noting that his leadership values will continue to inspire future generations.

The company signed the intimation via Company Secretary A Karthik, confirming the details for regulatory record-keeping.

Ncc has secured a mega order worth ₹1,286.03 crore from Hyderabad Growth Corridor Limited for the construction of Radial Road-2 in Telangana State. The contract involves building the road from Outer Ring Road near Budwel to Nacharam on NH-167N. This disclosure was made to the exchange on October 8, 2026.

Order details and scope

The newly disclosed order is classified as Mega. The scope includes Package-1, covering the stretch from Budwel to Shabad. The stipulated time period for construction is 18 Months. The filing confirms that this transaction is not a Related Party Transaction. Additionally, the Promoters, Promoter Group, or Group Companies do not have any interest in the awarding entity. The tax treatment for this order is exclusive.

Recent order history

This mega order follows a series of recent wins for Ncc. In September 2026, the company reported two orders totaling ₹500.22 crore across its Buildings and Transportation divisions. Earlier that month, it secured a ₹1,076.71 crore drinking water supply project from the Rural Water Supply and Sanitation Department of the Government of Andhra Pradesh. The company has also received multiple orders from its Buildings, Electrical, and Water divisions in previous quarters.

Quarterly order inflow

The inclusion of the ₹1,286.03 crore order updates the Q2FY27 order book metrics. The total disclosed inflow for Q2FY27 (Jul-Sep 2026) now stands at ₹3,293.15 crore across 4 distinct order disclosures. This contrasts with the ₹8,150.26 crore recorded in Q1FY27, which was driven by multiple large-scale contracts across various divisions.

Financial context

As of October 8, 2026, the company’s market capitalization stood at ₹7,529.76 crore with a Price to Earnings ratio of 10.6x. The trailing twelve-month consolidated revenue was reported at ₹21,589.0 crore, with a net profit of ₹748.2 crore. The total disclosed order book for the last three fiscal quarters stands at ₹11,443.41 crore across 10 orders. This provides an order book coverage of 2.12 quarters of average quarterly revenue. The company operates in the Civil Construction sector within the broader Construction industry.

Operational metrics

Recent financial data indicates mixed performance trends. Consolidated revenue for Q1FY27 was ₹5,845.70 crore. Operating Profit Margin improved to 9.38% in Q1FY27. However, operating cashflow turned negative at -₹458.50 crore in FY26, compared to positive cashflows in previous years. The balance sheet shows a current ratio of 1.36x and a total liabilities to equity ratio of 2.24x.

Shareholding patterns indicate promoter holding at 23.08% in Q1FY27, with Foreign Institutional Investors holding 11.29% and Domestic Institutional Investors at 17.89%.