NCC Ltd - Stock Valuation and Financial Performance

BSE: 500294 | NSE: NCC | Engineering - Construction | Small Cap

NCC Share Price

312.50 13.90 4.66%
as on 01-Nov'24 18:59

DeciZen - make an informed investing decision on NCC

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

NCC stock performance -

mw4me loader
P/E Ratio (SA):
29.23
Market Cap:
19,585.7 Cr.
52-wk low:
140.6
52-wk high:
364.5

Is NCC Ltd an attractive stock to invest in?

1. Is NCC Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that NCC Ltd is a good quality company.

2. Is NCC Ltd undervalued or overvalued?

The key valuation ratios of NCC Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is NCC Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of NCC Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of NCC:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
NCC Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 14.4%16.1%13%14.1%21.7%14.1%11.3%15.1%18.1%19.9%-
Value Creation
Index
0.00.2-0.10.10.60.0-0.20.10.30.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 8,2978,3257,8927,55912,0808,2197,2569,93013,35118,31419,189
Sales YoY Gr.-0.3%-5.2%-4.2%59.8%-32%-11.7%36.9%34.5%37.2%-
Adj EPS 2.14.24.869.85.74.16.38.510.610.7
YoY Gr.-101.9%13.7%24.7%63.1%-42.2%-28.5%55.6%35.6%24.6%-
BVPS (₹) 57.658.761.970.678.783.787.594.7100.7108.5111.7
Adj Net
Profit
117236268361589345247384536668670
Cash Flow from Ops. 5144891974473456367101,2968731,299-
Debt/CF from Ops. 3.93.982.95.832.50.91.10.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.2%8.7%36.2%37.2%
Adj EPS 19.8%1.7%38%24.6%
BVPS7.3%6.6%7.4%7.8%
Share Price 18% 39.5% 62.3% 113.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
4.17.389.413.174.76.98.810.29.7
Op. Profit
Mgn %
7.88.98.711.311.812.511.81010.198.9
Net Profit
Mgn %
1.42.83.44.84.94.23.43.943.73.5
Debt to
Equity
0.60.60.50.30.40.40.30.20.20.2-
Working Cap
Days
326328333380289455503384323262125
Cash Conv.
Cycle
768610011925-53-45-28-19-2130

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 9.70%

Sales growth is growing at healthy rate in last 3 years 36.15%

Net Profit is growing at healthy rate in last 3 years 37.98%

Sales growth is good in last 4 quarters at 35.44%

No data to display

Latest Financials - NCC Ltd.

Standalone Consolidated
TTM EPS (₹) 10.7 11.9
TTM Sales (₹ Cr.) 19,189 21,993
BVPS (₹.) 111.7 109.3
Reserves (₹ Cr.) 6,888 6,736
P/BV 2.79 2.85
PE 29.23 26.22
From the Market
52 Week Low / High (₹) 140.60 / 364.50
All Time Low / High (₹) 0.60 / 364.50
Market Cap (₹ Cr.) 19,586
Equity (₹ Cr.) 125.6
Face Value (₹) 2
Industry PE 38.3

Management X-Ray of NCC:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *19.0511.145.453.340.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of NCC

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales8,2978,3257,8927,55912,0808,2197,2569,93013,35118,314
Operating Expenses 7,6807,5887,2156,70410,6577,1896,4018,93412,00916,666
Manufacturing Costs2,4652,8633,2063,1925,0663,4543,4364,8036,3058,246
Material Costs4,4533,9013,1362,7774,7642,9452,3833,3944,7517,277
Employee Cost 265301332364439435350429520641
Other Costs 497523542372387354232308433503
Operating Profit 6177386778551,4231,0308559961,3431,648
Operating Profit Margin (%) 7.4%8.9%8.6%11.3%11.8%12.5%11.8%10.0%10.1%9.0%
Other Income 227224148116118151116108152124
Interest 574509396379451518458460510595
Depreciation 112110112117149178174182200209
Exceptional Items 0-20-50-107-59-3301460-57
Profit Before Tax 159322267368882453339608785911
Tax 478242813187178118216280
Profit After Tax 112240226287564382261490569631
PAT Margin (%) 1.3%2.9%2.9%3.8%4.7%4.6%3.6%4.9%4.3%3.4%
Adjusted EPS (₹)2.04.34.14.89.46.34.38.09.110.1
Dividend Payout Ratio (%)20%14%10%21%16%3%19%25%24%22%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 3,2043,2613,4424,2424,7295,1065,3385,7776,3226,813
Share Capital 111111111120120122122122126126
Reserves 3,0933,1503,3314,1224,6094,9845,2165,6556,1966,687
Minority Interest0000000000
Debt1,9251,8181,5371,1641,7361,6521,5271,090803861
Long Term Debt263102911932017499828353
Short Term Debt1,6631,7171,5281,0451,4161,4781,4281,008720808
Trade Payables1,7662,7712,8693,3884,3843,9363,6914,2614,8016,095
Others Liabilities 2,6151,3249601,8282,1361,8712,1022,6453,6263,509
Total Liabilities 9,5109,1748,80910,62112,98612,56512,65813,77215,55217,277

Fixed Assets

Gross Block1,2021,2291,3201,5631,9752,0402,1652,2732,5042,663
Accumulated Depreciation5706457288148669921,1201,2091,3401,470
Net Fixed Assets6325845927491,1101,0481,0441,0641,1641,192
CWIP 8812313152272240
Investments 1,1579571,0291,0249198899998948751,033
Inventories1,8031,6571,5261,6965135155277881,0781,434
Trade Receivables1,3633,0873,5364,5063,0502,4082,5212,3842,7882,653
Cash Equivalents 113216109662993174395596461,044
Others Assets4,4352,6662,0152,5587,0827,3737,1068,0768,9809,881
Total Assets 9,5109,1748,80910,62112,98612,56512,65813,77215,55217,277

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 5144891974473456367101,2968731,299
PBT 159322267368882453339608785911
Adjustment 5374794485376356675634655991,136
Changes in Working Capital -145-220-475-331-937-347-174396-235-413
Tax Paid -36-93-44-126-235-137-18-173-275-335
Cash Flow From Investing Activity -79365455-359-425-16464-131-132-333
Capex -50-91-129-308-491-88-152-168-218-242
Net Investments 2201820449-1516053
Others -51456565-7261-1252312186-144
Cash Flow From Financing Activity -409-713-755-137217-583-689-1,099-749-706
Net Proceeds from Shares 59400541000000
Net Proceeds from Borrowing 231-115-118207322-145-71-18583-67
Interest Paid -518-575-408-375-431-473-462-446-498-588
Dividend Paid -6-27-40-27-72-109-12-49-126-138
Others -7104-188-483399143-144-420-20887
Net Cash Flow 26141-103-50137-1118466-8261
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)3.917.436.737.4612.577.775.018.829.419.62
ROCE (%)14.3716.0813.0414.1421.6914.1111.2515.118.1319.93
Asset Turnover Ratio0.890.890.880.781.020.640.580.750.911.12
PAT to CFO Conversion(x)4.592.040.871.560.611.662.722.641.532.06
Working Capital Days
Receivable Days6298153194114121124907154
Inventory Days75767478332326242625
Payable Days102167286362269469520370286225

NCC Ltd Stock News

NCC Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of NCC on 01-Nov-2024 18:59 is ₹312.5.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Nov-2024 18:59 the market cap of NCC stood at ₹19,585.7.
The latest P/E ratio of NCC as of 01-Nov-2024 18:59 is 29.23.
The latest P/B ratio of NCC as of 01-Nov-2024 18:59 is 2.79.
The 52-week high of NCC is ₹364.5 and the 52-week low is ₹140.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of NCC is ₹19,189 ( Cr.) .

About NCC Ltd

NCC Limited was established as a Partnership firm in 1978, which was subsequently converted into a limited Company in 1990. The shares of the Company, was listed on the stock exchanges in India, in 1992 pursuant to Public offer of equity shares. The Company, its subsidiaries, and Associates collectively referred to as the “Group” is engaged in the infrastructure sector and undertaking turnkey EPC contracts as well as BOT projects on Public-Private Partnership basis. The Group’s range of verticals comprises of Buildings & Housing, Roads, Railways, Mining, Water & Environment, Irrigation, Power, Electrical, Metals, Oil & Gas and International business.

Business area of the company

The company undertakes civil construction in segments such as buildings, water, roads, irrigation, power, electrical, railways, metals, mining.

Divisions

  • Buildings & Housing
  • Roads
  • Electrical
  • Water & Environment
  • Irrigation
  • Railways
  • International
  • Power
  • Metals
  • Mining

Awards and recognitions

  • 1999: Awarded Safety Certificate by National Aluminum Company (NALCO) for maintaining highest standards of safety while constructing a factory at Damanjodi, Odisha
  • 2002: Received “Outstanding Concrete Structure of the Year” award for Shilpakalavedika, a state-of-the-art auditorium in Hyderabad
  • 2003: Received “Outstanding Concrete Structure of the Year” award for Main Athletic Stadium, Gachibowli, Hyderabad
  • 2004: Awarded for “Excellent Aesthetics Matching with Environment” for a project encompassing flyover, bridge, pedestrian subway and allied structures at Latur, Maharashtra
  • 2005: Only construction company in India to be ranked in Forbes Asia’s 200 “Best Under a Billion” list in Asia Pacific
  • 2006: Rated as the “Fastest Growing Construction Company in India” by Construction World-NICMAR study
  • 2007: Ranked as the “2nd Largest Construction Company in India” by Construction World-NICMAR study
  • 2010: NCC’s Annual Report and Accounts for Year ended 31st March, 2009 were adjudged as “2nd best” under the category “Infrastructure & Construction Sector” by ICAI Awards for Excellence in Financial Reporting
  • 2015: National Award for “Excellence in Cost Management” for the year 2015 by The Institute of Cost Accountants of India
  • 2016: Viswakarma Awards 2016 by Construction Industry Development council (CIDC) New Delhi
  • 2018-19: NCC Ltd has received an Award for “Top 100 Best Organizations with Innovative HR Practices”
  • 2018-19: NCC Ltd has received “Telangana’s Best Employer Brand” awards at 13th Employer Branding Awards hosted by World HRD Congress & CHRO Asia
  • 2019-20: NCC Ltd consecutively for the third time received “Telangana’s Best Employer Brand” awards at 14th Employer Branding Awards hosted by World HRD Congress & CHRO Asia
  • 2019-20: NCC Ltd received “Dun & Bradstreet Best HR Practices 2019” in the functions of Talent Acquisition, Recruitment, Retention, Compensation & Benefits, Employee Engagement, Training & Development, Performance Management, Talent Management, Team Management & Leadership, Industrial Relations and CSR.
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