NCC cash flow

Latest FY26

Cash from operations: −₹459cr₹742 cr in FY25
Capital spending: ₹955cr+199.0% on FY25
Free cash flow: −₹1,414cr₹422 cr in FY25
Cash from financing: ₹878cr−₹247 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Jun 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	235	216	212	203
	—	745	680	595	515
	—	−91.7	−98.4	−92.7	−80.1
	—	0.0	0.0	384	51.7
	—	13.5	1.5	−17.9	−60.9
	—	0.0	0.0	47.3	0.0
	—	−635	−46.5	−390	−221
	—	−436	−249	10.1	−692
	—	−46.0	−7.8	18.8	0.0
	—	−1,469	2.1	59.3	28.5
	—	47.5	2.2	−43.9	0.0
	—	−2,178	−2,531	−1,578	−1,011
	—	132	89.4	−93.2	0.0
	—	1,181	1,593	1,755	905
	—	−7.4	−3.3	−0.2	0.0
	—	−356	−52.5	97.8	12.2
	—	1,751	66.8	−330	866
	—	34.5	6.6	28.2	13.1
	—	9.6	11.9	13.3	0.0
Cash from operating activities
	985	943	1,178	1,056	874
	—	−1,070	−320	675	530
	—	−127	858	1,730	1,404
	—	332	116	371	304
	—	−459	742	1,359	1,100
Cash from investing activities
	—	955	320	285	347
	—	12.9	54.9	34.4	124
	—	0.0	0.0	0.0	5.1
	—	3.8	0.0	0.0	0.0
	—	0.0	−115	−46.6	0.0
	—	0.0	26.0	9.0	0.0
	—	120	0.0	17.4	−6.5
	—	58.1	77.7	54.8	55.6
	—	−5.2	39.0	−178	−22.9
	—	−766	−58.6	−319	−192
Cash from financing activities
	—	0.0	0.0	0.0	79.7
	—	2,801	1,428	53.1	132
	—	944	814	46.9	460
	—	773	680	594	506
	—	138	180	173	126
	—	−67.2	0.0	−10.9	−11.8
	—	878	−247	−771	−893
	—	−346	436	270	15.9
	—	−346	436	270	15.9
	—	—	988	552	282
Reference items
	1,925	1,836	1,918	1,769	1,459
	9.0%	8.8%	8.6%	8.5%	9.4%
	−1,414	−1,414	422	1,074	753
	—	−323	356	487	—
	−₹22.52	−₹22.52	₹6.72	₹17.11	₹12.00
	—	−0.63×	0.85×	1.84×	1.70×
	—	332	116	371	304
	—	773	680	594	506

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

NCC₹118.11

NCC Ltd.

· Infrastructure

₹ CrorePeersLT KNRCON NBCC KPIL RITES IRB TECHNOE ENGINERSINMcap ₹7,416 Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	202.6	211.9	215.9	235.1	—
+ Finance Costs	515.2	594.8	680.1	745.3	—
+ Interest Income	-80.1	-92.7	-98.4	-91.7	—
+ Other Non-cash Items	51.7	383.9	0.0	0.0	—
+ Other — Cash Effects are Investing / Financing	-60.9	-17.9	1.5	13.5	—
+ Other Reconciling Items	0.0	47.3	0.0	0.0	—
Changes in Working Capital
+ Inventories	-220.7	-389.7	-46.5	-635.3	—
+ Trade Receivables — Current	-692.2	10.1	-249.0	-435.9	—
+ Trade Receivables — Non-current	0.0	18.8	-7.8	-46.0	—
+ Other Financial Assets — Current	28.5	59.3	2.1	-1,469.3	—
+ Other Financial Assets — Non-current	0.0	-43.9	2.2	47.5	—
+ Other Current Assets	-1,011.5	-1,577.6	-2,531.1	-2,177.9	—
+ Other Non-current Assets	0.0	-93.2	89.4	131.8	—
+ Trade Payables — Current	905.5	1,754.6	1,592.6	1,180.8	—
+ Trade Payables — Non-current	0.0	-0.2	-3.3	-7.4	—
+ Other Financial Liabilities — Current	12.2	97.8	-52.5	-355.7	—
+ Other Current Liabilities	866.4	-330.1	66.8	1,751.3	—
+ Provisions — Current	13.1	28.2	6.6	34.5	—
+ Provisions — Non-current	0.0	13.3	11.9	9.6	—
Cash from Operating Activities
Profit Before Tax (per I/S)	874.4	1,055.6	1,177.6	943.4	985.4
+ Total Adjustments (incl. Working Capital)	529.9	674.6	-319.7	-1,070.0	—
Cash from Operations (pre-tax)	1,404.3	1,730.2	857.9	-126.6	—
+ Income Taxes Paid	304.2	370.7	116.2	332.0	—
Cash from Operating Activities	1,100.1	1,359.5	741.7	-458.5	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	347.0	285.2	319.5	955.3	—
+ Disp of Fixed Assets	124.0	34.4	54.9	12.9	—
+ Disp of Investment Property	5.1	0.0	0.0	0.0	—
+ Sale of Investments (Equity / Debt)	0.0	0.0	0.0	3.8	—
+ Acq of Subsidiaries / Businesses (net)	0.0	-46.6	-115.4	0.0	—
+ Loans & Advances Made	0.0	9.0	26.0	0.0	—
+ Loans & Advances Repaid	-6.5	17.4	0.0	119.8	—
+ Interest Received — Investing	55.6	54.8	77.7	58.1	—
+ Other Inflows / (Outflows) — Investing	-22.9	-177.7	39.0	-5.2	—
Cash from Investing Activities	-191.6	-318.7	-58.6	-765.9	—
Cash from Financing Activities
+ Proceeds from Issue of Shares	79.7	0.0	0.0	0.0	—
+ Proceeds from Borrowings	131.6	53.1	1,428.0	2,800.8	—
+ Repayment of Borrowings	460.2	46.9	814.5	944.3	—
+ Interest Paid	506.4	593.7	680.2	773.1	—
+ Dividends Paid	125.6	172.8	180.1	138.1	—
+ Other Inflows / (Outflows) — Financing	-11.8	-10.9	0.0	-67.2	—
Cash from Financing Activities	-892.7	-771.2	-246.7	878.2	—
Net Changes in Cash (pre-FX)	15.9	269.5	436.5	-346.3	—
Net Changes in Cash	15.9	269.5	436.5	-346.3	—
Closing Cash	282.4	551.9	988.4	—	—
Reference Items
EBITDA	1,459.0	1,768.9	1,918.1	1,836.1	1,925.1
EBITDA Margin %	9.38	8.49	8.64	8.82	8.97
Free Cash Flow (CFO − Capex)	753.2	1,074.3	422.2	-1,413.8	-1,413.8
Free Cash Flow to Equity	—	486.8	355.6	-323.5	—
Free Cash Flow per Basic Share	12.00	17.11	6.72	-22.52	-22.52
Cash Flow to Net Income	1.70	1.84	0.85	-0.63	—
Cash Paid for Taxes	304.2	370.7	116.2	332.0	—
Cash Paid for Interest	506.4	593.7	680.2	773.1	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.