| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 5,812 | 5,179 | +12.2% |
| EBITDA | 545 | 456 | +19.5% |
| EBITDA margin | 9.4% | 8.8% | +0.6 pts |
| Profit before tax | 308 | 266 | +15.8% |
| Net profit | 229 | 205 | +11.9% |
| EPS | ₹3.45 | ₹3.06 | +12.7% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 7,322 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 644 | 644 | 994 | 573 | 297 | ||
| 160 | 160 | 179 | 172 | 319 | ||
| 3,457 | 3,457 | 1,594 | 980 | 974 | ||
| 10,295 | — | — | — | — | ||
| 21,456 | 20,823 | 22,199 | 20,845 | 15,553 | ||
| — | −6.2% | +6.5% | +34.0% | — | ||
| 1,925 | 1,836 | 1,918 | 1,769 | 1,459 | ||
| 9.0% | 8.8% | 8.6% | 8.5% | 9.4% | ||
| 1,676 | 1,601 | 1,702 | 1,557 | 1,256 | ||
| 748 | 724 | 868 | 740 | 646 | ||
| 3.5% | 3.5% | 3.9% | 3.6% | 4.2% | ||
| ₹11.14 | ₹10.76 | ₹13.08 | ₹11.32 | ₹9.70 | ||
| — | −17.8% | +15.6% | +16.7% | — | ||
| — | −459 | 742 | 1,359 | 1,100 | ||
| — | −955 | −320 | −285 | −347 | ||
| −1,414 | −1,414 | 422 | 1,074 | 753 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 7,322.0 | |
| - Cash, Equiv & ST Investments | 296.6 | 573.5 | 993.8 | 644.2 | 644.2 | |
| + Minority Interest | 318.6 | 172.2 | 178.7 | 160.2 | 160.2 | |
| + Total Debt | 973.8 | 980.0 | 1,593.6 | 3,457.0 | 3,457.0 | |
| Enterprise Value | — | — | — | — | 10,294.9 | |
| Revenue | 15,553.4 | 20,845.0 | 22,199.4 | 20,823.0 | 21,455.8 | |
| Growth %, YoY | — | +34.0 | +6.5 | -6.2 | — | |
| EBITDA | 1,459.0 | 1,768.9 | 1,918.1 | 1,836.1 | 1,925.1 | |
| Margin % | 9.38 | 8.49 | 8.64 | 8.82 | 8.97 | |
| EBIT | 1,256.4 | 1,557.0 | 1,702.2 | 1,601.0 | 1,675.7 | |
| Net Income | 646.2 | 740.4 | 868.3 | 724.0 | 748.2 | |
| Margin % | 4.15 | 3.55 | 3.91 | 3.48 | 3.49 | |
| EPS, Adj (current shares) | 9.70 | 11.32 | 13.08 | 10.76 | 11.14 | |
| Growth %, YoY | — | +16.7 | +15.6 | -17.8 | — | |
| Cash from Operations | 1,100.1 | 1,359.5 | 741.7 | -458.5 | — | |
| Capital Expenditures | -347.0 | -285.2 | -319.5 | -955.3 | — | |
| Free Cash Flow | 753.2 | 1,074.3 | 422.2 | -1,413.8 | -1,413.8 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
NCC (NSE: NCC) had a market capitalisation of ₹7,416 crore at the 29 October 2026 close (₹118.11 a share), a PE ratio of 10.6 on the last four quarters' profit and a price-to-book ratio of 0.94. In FY26 its consolidated net profit attributable to shareholders was ₹675 crore on revenue of ₹20,823 crore; in Q1 FY27 (April–June 2026) it was ₹216 crore, up 12.6% year on year. Its debt-to-equity ratio was 0.43 on 31 March 2026. Promoters held 23.19% of the shares on 30 September 2026.
NCC's PE ratio is 10.6 at the 29 October 2026 close (₹118.11 a share): a market capitalisation of ₹7,416 crore divided by consolidated net profit attributable to shareholders of ₹700 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹675 crore) it is 11.0.
NCC's price-to-book (PB) ratio is 0.94 at the 29 October 2026 close: a market capitalisation of ₹7,416 crore divided by shareholders' equity (book value) of ₹7,869 crore on 31 March 2026. That is a book value of ₹125.33 per share against a share price of ₹118.11.
NCC's net worth — shareholders' equity in its consolidated balance sheet — was ₹7,869 crore on 31 March 2026, up 7.4% from ₹7,324 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹7,416 crore at the 29 October 2026 close.
NCC's market capitalisation was ₹7,416 crore at the 29 October 2026 close: 62.79 crore shares at ₹118.11 each.
NCC's debt-to-equity ratio was 0.43 on 31 March 2026: borrowings of ₹3,457 crore against total equity of ₹8,029 crore. A year earlier, on 31 March 2025, it was 0.21.
NCC's basic earnings per share (EPS) were ₹10.76 in FY26, against ₹13.06 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹11.14.
No. NCC had borrowings of ₹3,457 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.43. Its cash and current investments were ₹1,291 crore, so its net debt was ₹2,166 crore.
NCC's dividend yield is 1.86% at the 29 October 2026 close: dividends of ₹2.20 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹118.11. They were ₹2.20 on 14 August 2026.
In FY26, NCC generated ₹459 crore of cash from operations and spent ₹955 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹1,414 crore. In FY25 it was ₹422 crore.
In FY26, NCC's return on equity (ROE) was 8.9% and its return on capital employed (ROCE) was 18.2%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 11.8% and ROCE 22.9%.
NCC's book value per share was ₹125.33 on 31 March 2026: shareholders' equity of ₹7,869 crore divided by the 62.79 crore shares in issue, up 7.4% from ₹116.65 a year earlier. The share price at the 29 October 2026 close was ₹118.11.
On 30 September 2026, NCC's shares were held by promoters 23.19%, foreign portfolio investors (FII/FPI) 10.45%, domestic institutions (DII) 18.16% (including mutual funds at 14.38%) and retail and other non-institutional investors 48.20%. Over the year, FII holding was down 2.42 percentage points from 12.87% and DII holding was up 1.51 percentage points from 16.65%.
In 2026, NCC has declared one dividend: ₹2.20 with record date 14 August 2026.
Promoters held 23.19% of NCC on 30 September 2026, up 0.11 percentage points from 23.08% the previous quarter and up 1.08 percentage points from 22.11% a year earlier, according to the shareholding pattern filed with NSE.
NCC will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
NCC's latest results are for Q1 FY27 (April–June 2026), filed on 6 August 2026: consolidated net profit attributable to shareholders ₹216 crore, up 12.6% from ₹192 crore in Q1 FY26; revenue from operations ₹5,812 crore, up 12.2% year on year.
In FY26 (April 2025–March 2026), NCC's consolidated net profit attributable to shareholders was ₹675 crore, down 17.8% from ₹821 crore in FY25, on revenue from operations of ₹20,823 crore (down 6.2%). Over three years, from FY23, net profit was up 10.9%.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, NCC's PE ratio is 11.0, the third highest of the four: L&T 32.8, KNR Constructions 6.5 and NBCC 27.0, a peer average of 22.1. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against L&T, KNR Constructions and NBCC: NCC's operating margin of 7.7% is the third highest of the four (L&T 8.7%, KNR Constructions 24.2%, NBCC 4.7%; peer average 12.5%); its return on equity of 8.9% is the lowest of the four (L&T 15.5%, KNR Constructions 9.2%, NBCC 26.2%; peer average 17.0%); its revenue growth over three years of 10.2% a year is the third highest of the four (L&T 16.0% a year, KNR Constructions −12.8% a year, NBCC 13.8% a year; peer average 5.7% a year).
In FY26, NCC earned net profit attributable to shareholders of ₹675 crore on revenue of ₹20,823 crore, against ₹16,084 crore on ₹2,85,874 crore for L&T. NCC's operating margin was 7.7% (L&T 8.7%) and its return on equity 8.9% (L&T 15.5%). At the 29 October 2026 close, NCC's market capitalisation was ₹7,416 crore against ₹5,27,947 crore for L&T, and its PE ratio on FY26 profit 11.0 against 32.8.
From NCC's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.