NSE: NCC | BSE: 500294

Value Stock, Under Radar

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204.50 -3.43 (-1.65%)

38.18% Fall from 52W High

2.1M NSE+BSE Volume

NSE 29 Aug, 2025 3:31 PM (IST)

12,839.5

Market Cap

High in industry

1.6

Beta 1Year

Very High Volatility

NCC Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for NCC, BSE:500294 NCC Ltd.

NCC Ltd.

11 Feb 2016

204.50

-1.65%

NCC (3QFY16): Ready to take off. Maintain BUY

Buy: NCC Ltd.

Target

HDFC Securities

NCC Ltd. (NCC) delivered strong 3QFY16 profit beat, 74% ahead of our estimates. EBITDA margins expanded 163bps to 9.03%, primarily because of 284bps contraction in material expenses. The B/S was healthy with net debt at Rs 20.6bn (Rs 0.2bn increase QoQ) and net D/E at 0.62x (vs. 0.62x end-FY15). Debtors stood at 70 days vs. 60 days QoQ.

NCC Ltd. has an average target of 279.80 from 5 brokers.

NCC Ltd.

13 Nov 2015

204.50

-1.65%

NCC Ltd- Research Report

Hold: NCC Ltd.

Angel Broking

For 2QFY2016, NCC reported a favorable standalone earnings performance, reflecting better than expected execution, and lower yoy interest expenses owing to decline in debt. On the top-line front, NCC (standalone) reported a 6.6% yoy decline to Rs2,096cr. On a sequential basis, the top-line grew 21.7%. Stronger execution seen across Water, Environment & Railways (WER) and the Buildings and Roads (B&R;) segment, and sale of a land parcel (worth Rs29.9cr), contributed to the better-thanexpected 2QFY2016 revenues. NCC reported a 72bp yoy EBITDA margin improvement to 8.8%, owing to 21.3% yoy decline in raw material expenses and real estate transaction. Expansion in EBITDA margin on yoy basis coupled with lower yoy interest expenses led to PAT coming in at Rs55cr for the quarter as against Rs22cr in 2QFY2015. NCCs outstanding order book as of 2QFY2016 stands at Rs17,487cr (exc. international business, order book to LTM sales ratio stands at 1.8x), indicating a 14.3% yoy decline. Outlook and valuation: NCCs stock price has run-up by 36.9% in the last 12 months, mainly owing to the balance sheet de-leveraging exercise pursued by the company. NCC aims to repay debt by around Rs200-300cr through proceeds of stake sale. However stretched working capital cycle will likely...

NCC Ltd. has an average target of 279.80 from 5 brokers.

NCC Ltd.

13 Nov 2015

204.50

-1.65%

NCC Limited

Hold: NCC Ltd.

ICICI Securities Limited

NCC Ltd. has an average target of 279.80 from 5 brokers.

NCC Ltd.

13 Nov 2015

204.50

-1.65%

NCC: Q2FY16 Result Review: Margin improvement & Debt reduction key triggers (Nov 13, 2015)

Buy: NCC Ltd.

Recommendation Target

Karvy

NCC Q2FY16 revenue of Rs 20.96bn came higher than our estimate on account of better execution in its key segments and sale of land of worth Rs280 mn. However, it declined 6.6% YoY led by decline in revenue from power projects.

NCC Ltd. has an average target of 279.80 from 5 brokers.

NCC Ltd.

13 Nov 2015

204.50

-1.65%

NCC 13Nov2015

Buy: NCC Ltd.

Phillip Capital

9 Robust topline of Rs 20.9bn (7% yoy) significantly ahead of our (Rs 19bn) and consensus(Rs17.8bn)estimates.ThepowerplantcontributedRs3bntothetoplinein 2QFY16(Rs4bnin1QFY16,Rs31bninFY15)....

NCC Ltd. is trading below all available SMAs

NCC Ltd.

16 Sep 2015

204.50

-1.65%

NCC: Management Visit: Margin improvement, debt reduction key triggers (Sep 16, 2015)

Sell: NCC Ltd.

Karvy

The standalone order book stands at Rs 159 bn (~ 2x of FY15 revenues) after the strong order inflow of Rs 12.7 bn in Q1FY16. The three major segments which make up ~ 80% of the order book are buildings (46%), water & environment (~ 22%) and roads (~ 11%). The company expects ~ Rs 80 bn of new order inflow for FY16E (we expect ~ Rs 70 bn) driven by these three segments.

NCC Ltd. has lost -35.90% in the last 1 Year

NCC Ltd.

04 Aug 2015

204.50

-1.65%

Q1FY16 Result Review - NCC

NCC Ltd.

HDFC Securities

NCC delivered strong 1QFY16 profit beat, 90.5% ahead of our expectation

NCC Ltd. has lost -35.90% in the last 1 Year

NCC Ltd.

31 Jul 2015, 09:04AM

204.50

-1.65%

NCC (1QFY16) : Monetization triggers. BUY

Buy: NCC Ltd.

HDFC Securities

NCC Ltd. (NCC) delivered strong 1QFY16 profit beat, 90.5% ahead of our expectation (including Rs120mn profit from land sale). Even after adjusting for land sale profits, PAT was 35% ahead of our estimates.

NCC Ltd. has lost -35.90% in the last 1 Year

Is NCC Ltd. worth buying?

1857 Votes:

Buy 81.48%

Sell 9.75%

Hold 8.78%

RESEARCH REPORTS

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