NCC Limited

NCC Ltd announced that its Board of Directors has approved the unaudited financial results for the quarter ended June 30, 2026. The results, which include both standalone and consolidated figures, have been reviewed and recommended by the Audit Committee. The company has complied with SEBI regulations by submitting the results and the Limited Review Report from its statutory auditors. The board meeting commenced at 2 p.m. and concluded at 4:25 p.m. on August 6, 2026.

NCC Limited's Q1 FY27 consolidated total income came in at ₹5,842.48 Cr with PAT of ₹228.90 Cr (₹216.40 Cr attributable to shareholders), up 12.2% and 11.9% YoY respectively (revenue and PAT growth), against ₹5,207.93 Cr / ₹204.64 Cr a year ago. EPS rose to ₹3.45 from ₹3.06. Standalone turnover was ₹4,952.45 Cr (+12.2% YoY) but standalone PAT slipped to ₹187.31 Cr from ₹189.99 Cr. We found no quarter-specific Street estimates for this print; brokerages' only visible NCC numbers are full-year FY27 consensus forecasts (~13% revenue growth, ~15% PAT growth per Trendlyne), not a Q1-specific bar, so vsStreet is unknown here. Management has withheld formal FY27 revenue/margin guidance since the Q4 FY26 call, citing macro and pricing uncertainty, and said it would revisit after Q1 — this filing carries no fresh guidance, so that checkpoint remains open. The margin story is mixed. Consolidated OPM expanded to 9.38% from 8.81% YoY, with EBITDA up to ₹545.12 Cr from ₹456.12 Cr (both figures per the company's own press-release disclosure) on better cost control across materials and contractor bills. But finance costs rose 21% YoY to ₹198.02 Cr as the larger order book pulls more working capital, and the effective tax rate climbed to roughly 26.6% from 23.8% — together these absorbed the operating gain, leaving NPM essentially flat at 3.92% (3.93% YoY) and consolidated PAT growth (11.9%) trailing PBT growth (16.1%). The standalone book shows a sharper version of the same pattern: PBT grew 5.3% YoY but tax expense jumped 30.6%, pushing standalone PAT down 1.4% YoY even as standalone revenue grew in line with the consolidated entity. This standalone/consolidated divergence — consolidated is the growth story, standalone is flat-to-down purely on the tax line — is worth flagging since both numbers are public. Sequentially, consolidated revenue fell 6.8% from ₹6,232.71 Cr and standalone fell a similar amount from the March quarter; this is a seasonal fiscal Q4-to-Q1 billing pattern typical of construction/infra companies rather than a demand signal, and YoY growth stayed intact through it. The consolidated order book stood at ₹81,214 Cr as of 30 June 2026, with ₹3,889 Cr of fresh orders (including scope changes) booked during the quarter and a further ₹1,052.71 Cr secured in July 2026, after the quarter closed. Management's own press release frames the quarter simply as a 12% YoY turnover and profit increase on both bases, without addressing the tax-rate pressure or the standalone PAT dip visible in the underlying line items. Going into Q2, the open items are the FY27 guidance revisit management flagged for after Q1, and the two quantitative markers from the prior call — ₹500 Cr planned FY27 capex and an expected ~₹250 Cr collection from the Vizag Urban subsidiary — neither of which is broken out in this filing.

NCC Ltd announced on July 2026 that it has received three new orders totaling ₹1052.71 Crore (excluding GST). The orders are split between its Buildings Division, which secured ₹590.38 Crore, and its Water Division, which received ₹462.33 Crore. These orders were obtained through the normal course of business and do not involve any internal projects or related parties. The company confirmed that the awarding entities do not have any interest in NCC's Promoters or Promoter Group, ensuring these are not related party transactions.

NCC Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, in compliance with SEBI regulations. The report includes an Independent Reasonable Assurance Statement from SGS India Private Limited. NCC Limited operates primarily in construction and civil engineering, accounting for 100% of its turnover. Key business activities include construction of buildings (42%), roads (19%), water systems (9%), and electrical works (22%). The company has a significant operational presence with 186 sites nationally and 1 internationally, serving 27 states and 1 country. As of FY25-26, NCC employed 12,371 individuals and engaged 19,117 workers, with a focus on inclusivity for differently-abled individuals.

NCC Ltd has submitted its Integrated Annual Report for the Financial Year 2025-26, along with the Notice of the 36th Annual General Meeting (AGM). The AGM is scheduled for Thursday, August 27, 2026, at 3:00 PM IST, and will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM). E-voting will commence on August 24, 2026, at 9:00 AM and conclude on August 26, 2026, at 5:00 PM. The cut-off date for voting eligibility is August 20, 2026. The report details the company's strategy, performance, and value creation approach, emphasizing resilience and sustainable value building across its diversified business verticals. It also includes ESG Factsheets and GRI/SASB linkages.

NCC Ltd has announced the 36th Annual General Meeting (AGM) will be held on August 27, 2026, at 3:00 PM IST, through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The integrated annual report for FY 2025-26 and the AGM notice have been forwarded and will be emailed to shareholders. E-voting will commence on August 24, 2026, at 9:00 AM IST and conclude on August 26, 2026, at 5:00 PM IST. The cut-off date for e-voting eligibility is August 20, 2026. Key agenda items include adopting financial statements, declaring a dividend of ₹2.20 per equity share, and appointing directors. The remuneration of cost auditors for FY 2025-26 is also up for ratification.

NCC Ltd has announced a Board of Directors meeting scheduled for August 6, 2026. The primary agenda is to consider and approve the Unaudited Financial Results (Standalone and Consolidated) for the Quarter ended June 30, 2026. The trading window for company shares will remain closed until August 8, 2026, affecting directors, promoters, and designated persons.

NCC Ltd has issued a communication to its shareholders holding shares in physical form, requesting them to update their Know Your Customer (KYC) details with KFin Technologies Limited, the Registrar and Share Transfer Agent. This is in compliance with SEBI's Master Circular. Shareholders must provide PAN (linked with Aadhaar), contact details, bank account details, and specimen signature. Failure to update KYC will restrict service requests and payment of dividends or other amounts, which will be processed electronically from April 1, 2024. Forms like ISR-1, ISR-2, SH-13, SH-14, and ISR-3 are available for download and submission.

NCC Ltd announced on June 2026 that it has received two orders totaling ₹534.85 Crore (excluding GST) for its Transportation Division. These orders are part of the company's regular business operations and do not involve any internal orders. Furthermore, the company confirmed that the Promoters, Promoter Group, or Group Companies have no interest in the entities that awarded these projects, ensuring they do not constitute Related Party Transactions. This influx of new business is expected to bolster the company's order book and contribute to its revenue streams.

NCC Ltd has announced the closure of its trading window for directors, promoters, designated persons, and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut from July 1, 2026, until 48 hours after the declaration of the company's un-audited financial results (standalone and consolidated) for the quarter ending June 30, 2026. The specific date for the board meeting to approve these results will be communicated later. This measure is standard practice to prevent insider trading during sensitive financial reporting periods.