NCC Limited, a leading infrastructure construction company, has reported a significant 33% year-on-year increase in its order book, reaching ₹70,087 crore as of June 30. This robust growth underscores the company's strong market position and client confidence in its execution capabilities.

Q1 Performance Highlights

For the first quarter, NCC reported:

• Consolidated revenue of ₹5,207.93 crore, down 6% year-on-year
• EBITDA of ₹456.12 crore
• Net profit attributable to shareholders of ₹192.14 crore
• Basic and diluted earnings per share (EPS) of ₹3.06

Order Inflow and Future Outlook

The company secured new orders worth ₹3,658 crore in Q1, achieving approximately 17% of its full-year order inflow guidance. NCC has set an ambitious target for order inflows of ₹22,000-25,000 crore for the fiscal year 2026, reflecting its confidence in the infrastructure sector's growth prospects.

Strategic Focus

NCC is concentrating its efforts on key sectors including buildings, transportation, water, and electrical projects. The company emphasizes disciplined project management and cost control measures to ensure efficient execution of its growing order book.

A.A.V. Ranga Raju, Managing Director of NCC Limited, stated, "Our strong order book position provides us with a stable foundation for ongoing project execution and moderate visibility. We are approaching the rest of FY26 with a healthy bid pipeline and continued project selectivity, ensuring our preparedness for a gradual market recovery."

Financial Stability

NCC has maintained its AA- (Stable Outlook) credit rating from India Ratings & Research, reflecting the company's financial prudence and focus on capital discipline. As of June 30, the company reported a net debt of ₹1,574 crore on a consolidated basis.

Segment Performance

The construction segment continues to be the primary revenue driver for NCC, contributing ₹5,151.33 crore to the total revenue in Q1. The real estate segment added ₹27.66 crore to the company's top line during the same period.

ESG Initiatives

NCC Limited reaffirmed its commitment to environmental, social, and governance (ESG) practices, highlighting sustained progress on various initiatives and workplace safety programs. This focus on responsible and sustainable business practices aligns with growing investor and stakeholder expectations in the infrastructure sector.

As NCC Limited navigates through FY26, its substantial order book and strategic focus on key infrastructure segments position the company well to capitalize on India's ongoing infrastructure development drive. The company's emphasis on financial prudence, coupled with its strong market presence, sets a solid foundation for future growth in the dynamic construction and infrastructure landscape.

NCC Limited (NSE: NCC, BSE: 500294), a leading infrastructure and construction company, has reported its financial results for the first quarter, showing a decline in revenue but significant growth in its order book.

Key Financial Highlights

• Standalone revenue decreased by 6.7% year-on-year to ₹4,430.00 crore
• EBITDA stood at ₹395.00 crore, representing 9.0% of revenue
• Profit after tax was ₹190.00 crore, accounting for 4.3% of revenue
• The company's standalone order book increased by 30% to ₹61,779.00 crore
• Consolidated order book reached ₹70,087.00 crore, up 33% year-on-year

New Orders and Future Outlook

NCC Limited secured new orders worth ₹3,658.00 crore in Q1, representing approximately 17% of its full-year order inflow guidance of ₹22,000.00-25,000.00 crore. This strong order inflow, coupled with the substantial growth in the order book, provides a solid foundation for future growth despite the current revenue decline.

Business Segments

The company operates across multiple verticals, including:

• Buildings
• Transportation
• Water & Environment
• Irrigation
• Mining
• Railways
• Electrical Transmission & Distribution

This diversified portfolio allows NCC Limited to capitalize on various infrastructure development opportunities across India.

Credit Rating

NCC maintained its AA- credit rating with a stable outlook from India Ratings & Research, reflecting the company's strong financial position and market standing.

Outlook

Despite the year-on-year decline in quarterly revenue, NCC Limited's significant increase in order book value and continued success in securing new projects indicate potential for growth in the coming quarters. The company's diverse presence across various infrastructure segments positions it well to capitalize on India's ongoing infrastructure development initiatives.

Investors and analysts will be watching closely to see how NCC Limited leverages its strong order book to drive revenue growth and improve profitability in subsequent quarters.