NCC Reports Q2 Revenue Decline to 45.4 Billion Rupees, Net Profit Dips

NCC Limited , a prominent player in the Indian construction sector, has reported a decline in revenue for the second quarter. The company's performance shows mixed results with challenges in revenue and profitability.

Financial Highlights

Metric	Q2 Current	Q2 Previous Year	YoY Change
Revenue	45.40 billion	52.00 billion	-12.69%
Net Profit	100.96 crore	160.55 crore	-37.12%
EBITDA Margin	8.66%	8.52%	+14 bps

NCC reported quarterly revenue of 45.40 billion rupees compared to 52.00 billion rupees in the same period last year, representing a year-over-year decline of 12.69%.

Revenue and Profit Analysis

The company's consolidated net profit decreased to ₹100.96 crore compared to ₹160.55 crore in the previous year's corresponding quarter. This decline in profitability comes alongside the reduction in revenue.

Despite the overall decline, NCC's EBITDA margin improved to 8.66% from 8.52% year-over-year, indicating enhanced operational efficiency despite challenging market conditions.

Order Book

In the second quarter, NCC Limited secured new orders aggregating to ₹6,223 crore. As of September 30, the Order Book stood at ₹71,957 crore on a consolidated basis, providing visibility for future revenue streams.

Investor Perspective

For investors, the results present a nuanced picture. The decline in revenue and net profit may raise concerns, but the improved EBITDA margin and robust order book offer positive signals for the company's future performance potential.

As NCC Limited continues to navigate the dynamic construction sector, stakeholders will be watching closely to see how the company leverages its strong order book in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.95%	-8.19%	-7.07%	-6.18%	-36.57%	+461.90%

NCC Limited , a prominent player in the construction sector, has announced a significant boost to its order book with new contracts totaling ₹7,538.94 crore in October. This development marks a substantial influx of business for the company.

Major Order Details

The company has secured a major order valued at ₹6,828.94 crore, which forms the bulk of the new business. This sizeable contract underscores NCC's capability to handle large-scale projects.

Additional Orders

In addition to the major contract, NCC has also bagged four smaller orders with a combined value of ₹710 crore. These orders are distributed across two of the company's key divisions:

Division	Order Value (₹ in crore)
Buildings	590.90
Transportation	119.10

Order Book Analysis

The new orders demonstrate NCC's diverse project portfolio, spanning both building construction and transportation infrastructure.

Order Type	Value (₹ in crore)	Percentage of Total
Major Order	6,828.94	90.58%
Additional Orders	710.00	9.42%
Total	7,538.94	100.00%

The substantial value of these new orders, particularly the major contract, may provide NCC with improved revenue visibility. It also reflects on the company's ability to secure large projects in a competitive market environment.

Investors and market analysts may view this development as an indicator of NCC's business momentum in the construction sector. However, the execution of these projects and their impact on the company's financial performance will be key factors to watch in the coming periods.