profit from every ₹100 of sales.

NCC
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹12.63 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What NCC sold, what it kept, and what it did with the cash.
Sales went from ₹154 billion in 2023 to ₹208 billion in 2026, with ₹6.75 billion of profit last year.
NCC vs. similar companies
NCC grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
NCC | 12.6× · Cheap | ||
Quanta Services | 88.8× · Very expensive | ||
Larsen & Toubro | 35.6× · Expensive | ||
Ferrovial | 44.8× · Expensive | ||
Comfort Systems USA | 38.6× · Expensive |
AI analysis
An AI analyst reads NCC's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 153,901 | 207,041 | 221,994 | 208,230 | |
| 21,732 | 26,255 | 31,235 | 30,650 | |
| 12,599 | 15,643 | 17,022 | 16,010 | |
| 14,265 | 16,598 | 20,833 | 19,326 | |
| 6,092 | 7,107 | 8,199 | 6,753 | |
| 9.77 | 11.32 | 13.06 | 10.76 | |
| 14.1% | 12.7% | 14.1% | 14.7% | |
| 8.2% | 7.6% | 7.7% | 7.7% | |
| 4.0% | 3.4% | 3.7% | 3.2% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 165,501 | 180,974 | 210,064 | 260,061 |
| Cash | 2,824 | 5,519 | 9,884 | 6,422 |
| Total debt | 9,738 | 9,800 | 15,936 | 34,570 |
| Total liabilities | 100,647 | 112,855 | 135,039 | 179,770 |
| 61,668 | 66,397 | 73,237 | 78,690 | |
| 624 | 628 | 628 | 628 | |
| 13.5% | 15.0% | 16.5% | 11.8% | |
| 9.9% | 10.7% | 11.2% | 8.6% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 11,001 | 13,595 | 7,417 | -4,585 | |
| 3,470 | 2,852 | 3,195 | 9,553 | |
| 7,532 | 10,743 | 4,222 | -14,138 | |
| Dividends paid | 1,256 | 1,381 | 1,381 | 1,381 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 12.6×
- –
- 3.86
- 1.2×
- 0.4×
- –
- 5.9×
- -16.6%
- 7.9%
- 1.6%
Profitability
- 14.7%
- 7.7%
- 3.2%
- –
- 11.2%
- 13.5%
- –
- –
- –
- –
Growth
- +10.6%
- +3.3%
- –
- –
- +0.2%
Financial health
- 1.5×
- 0.44
- –
- 2.3×
- 1.36
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
20.5% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about NCC
Is NCC a good stock to buy?
A business with weak numbers, and the price looks low. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the NCC AI analysis
What does NCC do?
NCC Limited operates in the construction business in India and internationally. It operates through the Construction, Real Estate, and Others segments. It is in Engineering & Construction, based in Hyderabad, India, with 7,366 employees.
Does NCC pay a dividend?
Yes. At today's price the dividend is 1.6% a year, about 20% of its yearly profit. In 2026 it paid out ₹1.38 billion in dividends.
Is NCC stock halal?
No. NCC does not pass our halal screen: its debt is 40% of its market value, at or above the 33% limit. How we check
How has NCC stock done over the past year?
Down 20.8% over the past twelve months, to ₹135.75. It traded between ₹114.55 and ₹171.45 and is 20.8% below its high.
Who are NCC's competitors?
The largest listed companies in the same industry are Quanta Services, Larsen & Toubro, Ferrovial and Comfort Systems USA. The peers table on this page compares their profit, growth and price with NCC's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.



