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NCC shares inched up by 2 per cent today, trading around Rs 239. This comes as the company posted an impressive Q4 FY25 result (on May 15, 2025), where its net profit rose by 6 per cent and order book value zoomed nearly 19.3 per cent.
What NCC does
Hyderabad-based NCC Limited (formerly Nagarjuna Construction Company) is a major player in India's infrastructure game. From buildings to water projects, roads, mining and even railways, it has got fingers in many pies.
Below is a look at the company's fundamentals.
| Metric | Value |
|---|---|
| Market cap | Rs 14,914 cr |
| ROE | 11.6 per cent |
| ROCE | 22.4 per cent |
| P/E ratio | 18.2 |
| P/B ratio | 2 |
| Dividend yield | 0.9 per cent |
| Book value | Rs 116.6 |
| EPS | Rs 13.1 |
How NCC's Q4 FY25 results looked like
| Metric | Q4 FY25 | Q4 FY24 | YoY change (%) |
|---|---|---|---|
| Revenue from operations | Rs 6,131 cr | Rs 6,485 cr | -5.5 |
| Total income | Rs 6,189 cr | Rs 6,530 cr | -5.2 |
| Net profit | Rs 254 cr | Rs 239 cr | 6.1 |
| Dividend per share | Rs 2.2 | Rs 2 | 10 |
| Order book (as of March 31, 2025) | Rs 71,568 crore | Rs 60,000 crore | 19.3 |
While profit went up, revenue dipped - largely due to slower execution and order delays, according to analysts. That's a red flag, especially in infra, where delivery timelines matter.
What Value Research Online says
Value Research Online gives NCC a middling three-star rating. Here's how it scores on other parameters:
-
Quality:
7/10
-
Growth:
6/10
-
Valuation:
4/10
- Momentum: 5/10
Final word
NCC isn't shooting the lights out, but it's holding its ground. The profit uptick is comforting, but revenue weakness needs to be addressed before the stock sees a sustained rerating.
Long-term investors can stay put—there's value in its diversified portfolio and steady project flow. But for new buyers, it may be wiser to wait for clearer signs of execution picking up pace.
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Disclaimer: This is not a stock recommendation. This story was created with the assistance of artificial intelligence and is intended for informational purposes only. Please take it with a pinch of salt and do your own research or consult a financial advisor before making investment decisions.
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