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Reported ownership for FY2027-Q2 as of 2026-09-30.
As of 06 Nov 2026, 03:30 pm
For the six months ended September 30, 2026, NCC reported consolidated revenue of ₹11,884.16 crore and net profit attributable to shareholders of ₹400.69 crore. Separate filings also cited revenue from operations at ₹11,826.50 crore with a net profit of ₹409.35 crore for the same period.
Yes. The Board approved altering the Memorandum of Association to include Technology Services, digital infrastructure, and allied sectors. This change is subject to member approval via Postal Ballot.
The Board approved the reappointment of A A V Ranga Raju as Managing Director, A G K Raju as Executive Director, and J V Ranga Raju as Whole-time Director. Their tenure runs from April 1, 2027, to March 31, 2032, including continuation beyond age 70, subject to shareholder approval.
As of November 6, 2026, NCC shares closed at ₹122.75. The stock has declined 37.2% over the last year and 24.1% year-to-date. It currently trades 55.9% below its peak levels.
As of 06 Nov 2026, 03:30 pm
Recent drawdown or price variability is materially high and may lead to larger short-term outcomes.
Primary driver: Price remains materially below a previous peak
The session opened materially below the previous close, indicating a sharp repricing at the open.
The price gap may increase short-term downside uncertainty and warrants review of the underlying context.
The session traded across a materially wider price range than usual.
Larger price swings can increase short-term uncertainty, especially if they continue.
The session opened materially above the previous close, indicating a sharp repricing at the open.
The move may reflect new information; subsequent price follow-through is worth monitoring.
The session opened materially above the previous close, indicating a sharp repricing at the open.
The move may reflect new information; subsequent price follow-through is worth monitoring.
Latest complete financial results for Q2 FY27 and comparative quarterly trends.
| Metric | Q2 FY26 | Q1 FY27 | Q2 FY27(Latest) |
|---|---|---|---|
| Income | ₹4,585 crore | ₹5,842 crore | PEAK₹6,042 crore |
| Profit Before Exceptional Items And Tax | ₹207 crore | PEAK₹308 crore | ₹269 crore |
| Profit Loss For Period | ₹167 crore | PEAK₹229 crore | ₹199 crore |
| Tax Expense | ₹41.3 crore | PEAK₹82.7 crore | ₹71 crore |
| Basic Earnings Loss Per Share From Continuing And Discontinued Operations | ₹2.46 per share | PEAK₹3.45 per share | ₹2.93 per share |
NCC reported consolidated revenue from operations of ₹6,015 crore for Q2 FY2026-27, up 3.5% quarter on quarter and 32.4% year on year. Profit before tax was ₹269 crore, down 12.8% from Q1 but 30.2% higher than a year earlier; EPS fell sequentially to ₹2.93. Operating cash flow was negative ₹100 crore, while investing outflow brought free cash flow to negative ₹490 crore.
Profit for the period from continuing operations was ₹198 crore, down 12.3% from Q1 FY2026-27 and up 19.7% year on year. Total profit for the period was ₹199 crore, compared with ₹229 crore in the prior quarter and ₹167 crore a year earlier. Tax expense declined to ₹71 crore from ₹83 crore in Q1.
Basic and diluted EPS were ₹2.93, versus ₹3.45 in Q1 and ₹2.46 in Q2 FY2025-26. Trailing twelve-month EPS was ₹11.61.
Operating activities used ₹100 crore in Q2, while investing activities used ₹390 crore. Financing activities provided ₹71 crore. Reported free cash flow was negative ₹490 crore. The cash outflows contrast with positive accounting profit and are an important counterpoint to the quarter’s revenue growth.
Inventories increased to ₹2,590 crore from ₹2,445 crore at 31 March 2026. Current trade receivables declined to ₹3,476 crore from ₹3,784 crore, while current trade payables rose to ₹8,294 crore from ₹7,896 crore. Current financial assets were ₹6,751 crore, compared with ₹7,020 crore at the March year-end date.
NCC’s revenue growth was strong year on year, but sequentially faster expense growth coincided with lower pre-tax profit and EPS. Higher borrowings and reduced cash balances, alongside negative operating and free cash flow, make cash generation and liquidity important complements to the positive year-on-year earnings comparison.
Exchange disclosures and regulatory announcements for NCC.
NCC Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
NCC Limited submitted a generic announcement to the National Stock Exchange of India on November 6, 2026, providing the audio recording link for a conference call held with analysts regarding the company's Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026. The filing was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
NCC Limited submitted its unaudited financial results for the quarter and half-year ended September 30, 2026, to the NSE on November 5, 2026. The Board approved a proposal to alter the Memorandum of Association (MoA) to include new business activities in Technology Services, digital infrastructure, and allied sectors, subject to member approval via Postal Ballot. Additionally, the Board approved the reappointment of A A V Ranga Raju as Managing Director, A G K Raju as Executive Director, and J V Ranga Raju as Whole-time Director, each for a further five-year tenure from April 1, 2027, to March 31, 2032, including continuation beyond age 70, without changes to existing remuneration, also subject to member approval. Consolidated revenue for the six-month period was Rs 11,884.16 Crore with a net profit attributable to shareholders of Rs 400.69 Crore.
NCC Limited’s Board of Directors, meeting on November 5, 2026, approved the Unaudited Financial Results for the quarter and half-year ended September 30, 2026. The Board also approved a proposal to alter the Objects Clause of the Memorandum of Association (MoA) to include new business activities in Technology Services, digital infrastructure, and allied sectors, subject to member approval via Postal Ballot. Additionally, the Board approved the reappointment of Sri A A V Ranga Raju as Managing Director, Sri A G K Raju as Executive Director, and Sri J V Ranga Raju as Whole-time Director, each for a further period of five years from April 1, 2027, to March 31, 2032, including continuation beyond age 70, without changes to existing remuneration, subject to member approval. Consolidated revenue for the six months ended September 30, 2026, was Rs 11,884.16 Crore, with Net Profit attributable to shareholders at Rs 400.69 Crore.
On November 5, 2026, NCC Limited’s Board of Directors approved the unaudited financial results for the quarter and half-year ended September 30, 2026, reporting consolidated revenue from operations of Rs 11,826.50 crores and net profit attributable to shareholders of Rs 409.35 crores for the six-month period. The Board also approved the reappointment of Sri A A V Ranga Raju as Managing Director, Sri A G K Raju as Executive Director, and Sri J V Ranga Raju as Whole-time Director, each for a further five-year tenure effective April 1, 2027, subject to member approval via postal ballot. Additionally, the Board approved alterations to the Memorandum of Association to include Technology Services and digital infrastructure, with a Postal Ballot Notice approved to seek shareholder consent for these changes and director reappointments.
NCC Limited has informed the Exchange regarding Re-appointment of Sri J V Ranga Raju as Whole Time Director of the company w.e.f. April 01, 2027. |SUBJECT: Appointment
NCC Limited has informed the Exchange regarding Re-appointment of Sri A A V Ranga Raju as Managing Director of the company w.e.f. April 01, 2027. |SUBJECT: Appointment
Integrated Filing- Financials|Original|
Recent market and company developments associated with NCC.
The National Stock Exchange reports that the upcoming day is likely the busiest of the current quarter's results season, with over 90 companies scheduled to release their Q2 financial numbers. Major entities including Bharti Airtel, ONGC, Mahindra & Mahindra, LIC, Titan, and Britannia are among those reporting, while stocks such as BSE, Lenskart, Nykaa, and Orkla India are expected to react to previously released results.
The Competition Commission of India cleared Xavier Niel’s Vega SAS to acquire a 16.2% stake in Vodafone Group Plc, while SEBI penalized CDSL and barred EKI Energy Services executives for regulatory violations. Several companies including NCC Ltd, Waaree Renewable Technologies Ltd, and Granules India Ltd reported operational developments such as order wins and regulatory inspections.
NCC Limited announced via BSE and NSE filings on October 31, 2026, that it secured nine orders totaling ₹3,148.48 crore in October 2026, comprising eight new contracts worth ₹1,862.45 crore and one previously disclosed major contract worth ₹1,286.03 crore.
NCC shares have fallen 42% in a year, but the company’s outlook will depend on its ability to execute a ₹81,214 crore order book, protect margins and improve cash flows. Here’s what investors should watch.
Anand James, Chief Market Strategist, Geojit Investments explains that NCC is showing early signs of a recovery, with the stock breaking above its declining trendline on charts.
Q2 Results Today, 14th October 2026 Live Updates: Several companies are scheduled to announce their results for the quarter ended September 30, 2026, on Wednesday includingBHEL, Groww, Canara Bank, ICICIGI, CEAT, HDB Financial, Tata Tech are among the companies in focus as the September-quarter earnings season progresses. Follow this live blog for the latest results, key financial highlights and stock movements as companies announce their earnings.
NCC founder AVS Raju, revered leader and philanthropist, passes away; his legacy shapes India's infrastructure and NCC’s values.
NCC founder A.V.S. Raju, Padma Shri recipient, dies at 89; lifelong builder of NCC and Andhra business pioneer.
Comprehensive Section Breakdown for NCC
Strategic Vision: Construction and infrastructure development across multiple sectors.
• Extensive experience in diverse construction and infrastructure development projects.
• Operational presence in both domestic and international markets.
• Capability to execute projects across multiple critical sectors including transportation, water, and energy.
Revenue from operations increased from ₹5,812 crore in Q1 FY2026-27 and ₹4,543 crore in Q2 FY2025-26 to ₹6,015 crore. Total expenses rose 4.3% sequentially to ₹5,773 crore, faster than revenue. Profit before tax consequently declined from ₹308 crore in Q1, although it remained above the ₹207 crore reported a year earlier.
Material costs were ₹1,841 crore and employee benefit expenses ₹255 crore. Finance costs rose 6.7% quarter on quarter to ₹211 crore.
Total assets stood at ₹26,970 crore on 30 September 2026, up from ₹26,006 crore on 31 March 2026 and ₹23,440 crore on 30 September 2025. Total liabilities were ₹18,670 crore, compared with ₹17,977 crore at the March year-end date.
Current borrowings increased to ₹2,257 crore from ₹1,964 crore at 31 March, while non-current borrowings rose to ₹1,853 crore from ₹1,493 crore. Cash and cash equivalents were ₹223 crore, down from ₹642 crore at 31 March; other bank balances increased to ₹759 crore from ₹647 crore. Equity attributable to owners of the parent was ₹8,132 crore, up from ₹7,869 crore at 31 March.
Category: B2B Services
This segment encompasses the construction of industrial and commercial buildings, housing projects, IT parks, shopping malls, sports complexes, hospitals, and stadiums.
Category: B2B Services
NCC develops critical transportation infrastructure including access-controlled highways, road EPC projects, airstrips, metros, tunnels, bridges, and flyovers.
Category: B2B Services
The company addresses water management and waste water challenges by executing projects such as water supply systems, water treatment plants, water distribution networks, underground drainage systems, and sewage treatment plants.
Category: B2B Services
NCC contributes to the railway sector through projects involving dedicated freight corridors, zonal railway projects, and private railway sidings.
Category: B2B Services
This segment focuses on developing irrigation infrastructure crucial for agricultural activities, including canal networks, groundwater systems, and rainwater harvesting initiatives.
Category: B2B Services
NCC participates in the mining sector through Mine Developer-cum-Operator roles, overburden removal, and the extraction and transportation of coal from Open Cast Mines.
Category: B2B Services
The Electrical Division handles extensive electrical construction projects, covering EHV/HV sub-stations & transmission lines, high voltage distribution systems, and feeder separation schemes.
Core Thesis: NCC leverages its diverse construction capabilities across multiple infrastructure and development sectors to provide comprehensive solutions.
• Integrated Project Execution: The company undertakes a wide array of projects from conception to completion, spanning buildings, transportation, water, railways, irrigation, mining, and electrical infrastructure. • Sector Diversification: NCC operates across various key sectors, mitigating risk and capitalizing on opportunities in different areas of infrastructure development. • Engineering and Construction Expertise: The company's expertise covers the design, engineering, erection, testing, and commissioning of complex infrastructure projects.