NCC Share Price

Fundamental Analysis of NCC Ltd.

NCC Limited can be described as a leading construction and infrastructure company with its operational hub situated in India. The projects include the construction of flyovers, highways, industry, airport terminals for aeroplanes and helicopters, housing, commercial buildings, shops, shopping complexes, hospitals, irrigation, mining, hydrothermal power stations, water supply, and environmentally sensitive projects.

About NCC share news

It all started about four decades ago with a construction company known as Nagarjuna Construction Company Ltd. Now, it is one of the leading infrastructure development organisations in India, known as NCC Limited. Thus, NCC’s key emphasis has always been on timely delivery, implementing the most efficient methods used in the industry, and quality. NCC has diversified into multi-dimensional operations in various parts of the country without being confined within the city of origin.

NCC claims its distinct high-quality imprint in 490+ mega construction structures, 20000+ km water supply pipeline, 350000+ acre land provided irrigation, and 35000+ villages empowered electricity. They were proud to report that they have completed over 1000 projects. They have ensured that large, complicated projects were completed within the stipulated time. The growth has served the shareholders' interest and boosted our nation's infrastructural development. NCC projects on quality and safety depict the way of how they change lives as well as the speed at which they have advanced the India Infrastructure.

As of June 12, NCC share price today was trading at ₹331.85.

Industry Overview

The construction market is a major contributor globally. Its market size is expected to reach USD 11.4 trillion by the year 2027, growing at a CAGR of 7.4% from 2020 to 2027. If you talk about India the construction market was $825.6 billion in 2023 and will achieve an AAGR of more than 5% during 2025-2028. The market's growth is attributed to investment in the construction of hotels, industrial, green energy, and transport infrastructure projects.

The India construction market research report comprehensively explains the country's project types and construction activities. It analyses the mega-project pipeline, focusing on development stages, participants, and listings of major projects in the pipeline. It discusses the critical sectors in the construction market and their growth drivers.

NCC Limited's Competitors

Some of NCC Limited’s major competitors include:

• Macrotech Developers Ltd
• National Standard India Ltd
• Mahindra Lifespace Developers Ltd

NCC Limited enjoys competitive advantages like strong client relationships, compliance standards, diverse service offerings and cost efficiencies. However, competition has intensified as more players enter the contract services space.

NCC share price history

A journey of benchmarks of NCC Ltd:

2022: In 2022, the Order Book touched the figure of INR 40k Cr.

2019: In FY19, NCC's turnover surpassed INR 12k Crores.

2018: An order value of INR 32,500 crores was touched.

2011: Further strides to cross INR 5000 Cr

2002: Crossed a milestone of INR 1000 Cr turnover

1995: Achieved a turnover of INR 100 Cr

1992: Listed in BSE with Initial Public Offering

1990: Transformed into a Public Limited Co.

1978: NCC took birth as a partnership company

Company Profile – Strengths and Weaknesses

Strengths

• Automation of activities
• Good returns on capital expenditure
• High level of customer satisfaction
• Strong dealer community
• Genuine suppliers
• Highly skilled workforce

Weaknesses

• Gaps in the product range
• High Attrition Rate in the workforce
• Days inventory is high
• More investment in new technologies
• More investment in R&D

The Financials

Financial Metric	Value
Market Cap	₹ 20,920 Cr
Book Value	₹ 106
Dividend Yield	0.67 %
ROCE	22.1 %
Face Value	₹ 2.00
ROE	11.4 %

Shareholding Pattern of NCC Limited

Here’s the shareholding pattern of NCC Limited keeping in mind the NCC share price target:

• Promoters: 22 %
• Foreign Institutional Investors (FIIs): 27.33 %
• Domestic Institutional Investors (DIIs): 10.63 %
• Public: 40.03 %

Overall, NCC Ltd. has a healthy mix of promoters and institutional and public shareholders. The shareholding pattern demonstrates the company's positive investment appeal for both domestic and foreign investors.

*The shareholding data is as of March 2024 and may change over time.

Peer Comparison

Stock	P/E Ratio	ROCE %	Div. Yield
Macrotech Developers Ltd	89.60	11.11	0.07
NCC	28.41	22.14	0.67
National Standard India Ltd	646.14	7.92	0.00
Mahindra Lifespace Developers Ltd	97.02	2.56	0.44