NCC Limited — Quarter ended 31.03.2026 and year ended 31.03.2026 (Audited)
| S.No | Particulars | Quarter ended 31.03.2026 (Audited) (Refer note 3) | Quarter ended 31.12.2025 (Unaudited) | Quarter ended 31.03.2025 (Audited) (Refer note 3) | Year ended 31.03.2026 (Audited) | Year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| a) Revenue from operations | 5,315.71 | 4,042.89 | 5,376.18 | 17,463.49 | 19,205.78 | |
| b) Other income | 66.48 | 39.38 | 59.11 | 205.79 | 187.01 | |
| Total Income | 5,382.19 | 4,082.27 | 5,445.29 | 17,669.28 | 19,392.79 | |
| 2 | Expenses | |||||
| a) Cost of materials consumed | 1,928.95 | 1,635.56 | 2,230.81 | 6,938.42 | 7,777.80 | |
| b) Construction expenses | 537.28 | 370.77 | 475.79 | 1,679.46 | 1,561.23 | |
| c) Sub-Contractor work bills | 2,091.24 | 1,424.33 | 1,877.47 | 6,232.34 | 7,017.89 | |
| d) Employee benefits expense | 216.23 | 199.53 | 200.36 | 812.08 | 759.13 | |
| e) Finance costs | 173.07 | 168.35 | 174.48 | 645.34 | 653.14 | |
| f) Depreciation and amortisation expenses | 62.09 | 56.73 | 53.02 | 228.47 | 212.95 | |
| g) Other expenses | 93.25 | 85.39 | 96.67 | 352.85 | 345.31 | |
| Total expenses | 5,102.11 | 3,940.66 | 5,108.60 | 16,888.96 | 18,327.45 | |
| 3 | Profit from operations before exceptional items and tax (1-2) | 280.08 | 141.61 | 336.69 | 780.32 | 1,065.34 |
| 4 | Exceptional Items (net) (refer note 4 below) | (21.50) | (33.15) | (38.63) | (54.65) | (38.63) |
| 5 | Profit before tax (3+4) | 258.58 | 108.46 | 298.06 | 725.67 | 1,026.71 |
| 6 | Tax expense | |||||
| a) Current tax | 57.43 | 29.11 | 64.93 | 147.78 | 249.56 | |
| b) Deferred tax | (1.73) | (2.66) | 19.37 | 1.13 | 17.71 | |
| Total tax expense | 55.70 | 26.45 | 84.30 | 148.91 | 267.27 | |
| 7 | Net Profit after tax (5-6) | 202.88 | 82.01 | 213.76 | 576.76 | 759.44 |
| 8 | Other comprehensive income / (loss) | |||||
| Items that will not be reclassified to profit or loss | ||||||
| a) Remeasurement of the defined benefit plans | 2.00 | 6.00 | 4.80 | 7.00 | 1.06 | |
| b) Income tax relating to items that will not be reclassified to profit or loss | (0.50) | (1.51) | (1.21) | (1.76) | (0.27) | |
| Items that may be reclassified to profit or loss | ||||||
| a) Exchange differences on translation of foreign operations | 0.50 | (0.14) | (0.08) | 0.42 | 0.34 | |
| 9 | Total other comprehensive income / (loss) | 2.00 | 4.35 | 3.51 | 5.66 | 1.13 |
| 10 | Total comprehensive income (7+8) | 204.88 | 86.36 | 217.27 | 582.42 | 760.57 |
| 11 | Paid up equity share capital (Face Value ₹2/- per share) | 125.57 | 125.57 | 125.57 | 125.57 | 125.57 |
| 12 | Other equity (excluding revaluation reserves) | 7,448.85 | 7,004.56 | |||
| 13 | Earnings per share (of ₹2/- each) for the period (not annualised) | |||||
| – Basic | 3.23 | 1.31 | 3.40 | 9.19 | 12.10 | |
| – Diluted | 3.23 | 1.31 | 3.40 | 9.19 | 12.10 |
| Particulars | 31.03.2026 Audited (₹ in Crores) | 31.03.2025 Audited (refer note 5) (₹ in Crores) |
|---|---|---|
| A ASSETS | ||
| Non – current assets | ||
| Property, plant and equipment | 1,627.87 | 1,262.96 |
| Capital work in progress | 348.64 | 37.16 |
| Investment property | 131.87 | 131.02 |
| Investment property under construction | 107.65 | 107.65 |
| Intangible assets | 16.74 | 21.10 |
| Financial assets | ||
| a) Investments | 866.85 | 694.06 |
| b) Loans | 289.49 | 306.15 |
| c) Trade receivables | 192.11 | 146.12 |
| d) Other financial assets | 50.15 | 80.69 |
| Deferred tax assets (net) | 37.83 | 40.72 |
| Non Current tax assets (net) | 221.28 | 134.32 |
| Other non current assets | 378.22 | 517.66 |
| Total non – current assets | 4,268.70 | 3,479.61 |
| Current assets | ||
| Inventories | 1,786.66 | 1,391.99 |
| Financial assets | ||
| a) Trade receivables | 3,143.82 | 2,951.73 |
| b) Cash and cash equivalents | 584.68 | 778.11 |
| c) Bank balances other than above | 580.08 | 563.26 |
| d) Loans | 309.83 | 161.60 |
| e) Other financial assets | 367.23 | 124.59 |
| Current tax assets (Net) | 121.01 | 49.05 |
| Other current assets | 11,715.51 | 9,967.34 |
| Total current assets | 18,608.82 | 15,987.67 |
| Total assets | 22,877.52 | 19,467.28 |
| B EQUITY AND LIABILITIES | ||
| Equity | ||
| Equity share capital | 125.57 | 125.57 |
| Other equity | 7,448.85 | 7,004.56 |
| Total equity | 7,574.42 | 7,130.13 |
| Liabilities | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| a) Borrowings | 408.13 | 108.74 |
| b) Trade payables | 11.99 | 19.41 |
| Provisions | 88.73 | 79.56 |
| Total non-current liabilities | 508.85 | 207.71 |
| Current liabilities | ||
| Financial liabilities | ||
| a) Borrowings | 1,843.20 | 1,375.30 |
| b) Trade payables: | ||
| – Dues to micro & small enterprises | 109.44 | 51.39 |
| – Dues other than micro & small enterprises* | 6,869.90 | 6,082.23 |
| c) Other financial liabilities* | 1,345.34 | 1,722.77 |
| Provisions | 114.24 | 87.62 |
| Other current liabilities | 4,512.13 | 2,810.13 |
| Total current liabilities | 14,794.25 | 12,129.44 |
| Total liabilities | 15,303.10 | 12,337.15 |
| Total equity and liabilities | 22,877.52 | 19,467.28 |
| Particulars | Year ended March 31, 2026 | Year ended March 31, 2025 (Refer note 5) |
|---|---|---|
| A. Cash flows from operating activities | ||
| Profit before tax | 725.67 | 1,026.71 |
| Adjustments for: | ||
| – Depreciation and amortisation expenses | 228.47 | 212.95 |
| – Profit on sale of property, plant and equipment and investment property | (1.94) | (34.16) |
| – Finance costs | 645.34 | 653.14 |
| – Interest income | (90.85) | (91.41) |
| – Dividend income | (77.13) | (44.12) |
| – Advances written off | – | 2.27 |
| – Provision for doubtful trade receivables | 7.00 | 10.00 |
| – Expected credit loss for unbilled revenue | 14.25 | 16.00 |
| – Profit on buy back of shares held in a subsidiary | (19.50) | – |
| – Provision for impairment of investment/loan to a subsidiary | 21.50 | 38.63 |
| – Rental income from investment properties | (1.14) | (8.14) |
| Operating profit before working capital changes | 726.00 | 755.16 |
| 1,451.67 | 1,781.87 | |
| Changes in working capital: | ||
| Adjustments for (increase) / decrease in operating assets: | ||
| – In Inventories | (394.67) | 41.79 |
| – In Trade receivables | (244.66) | (316.79) |
| – In Other financial assets | (237.71) | 14.44 |
| – In Other assets | (1,633.63) | (2,131.04) |
| Adjustments for increase / (decrease) in operating liabilities: | ||
| – In Trade payables | 838.30 | 881.01 |
| – In Other financial liabilities | (345.89) | 770.90 |
| – In Other current liabilities | 1,702.00 | (184.63) |
| – In Provisions | 42.79 | 17.86 |
| Cash generated from operations | (273.47) | (906.46) |
| Income taxes paid (net of refunds) | 1,178.20 | 875.41 |
| (292.15) | (60.84) | |
| Net cash flows generated from operating activities (A) | 886.05 | 814.57 |
| B. Cash flows from investing activities | ||
| Acquisition of property, plant and equipment, investment property, intangible assets including capital work in progress | (901.66) | (307.43) |
| Proceeds from disposal of property, plant and equipment and investment | 12.90 | 53.51 |
| Movement in margin money deposits / other deposits | 23.86 | 12.47 |
| Proceeds from sale of non current investments | – | 99.95 |
| Investment in subsidiaries, associates and others | (185.76) | (70.50) |
| Proceeds from buy back of shares | 32.47 | – |
| Deferred consideration paid for acquisition of additional stake in a subsidiary | – | (90.00) |
| Loans given to subsidiaries, associates and others | (243.85) | (39.45) |
| Loans realised from subsidiaries, associates and others | 104.14 | 0.04 |
| Interest received | 50.98 | 70.32 |
| Dividend received from subsidiary | 77.13 | 44.12 |
| Rental income from investment property | 1.14 | 8.14 |
| Net cash used in investing activities (B) | (1,028.65) | (218.83) |
| C. Cash flows from financing activities | ||
| Proceeds from term loans | 1,307.88 | 1,013.81 |
| Repayment of term loans | (904.64) | (816.98) |
| Short term borrowings borrowed / repaid (net) | 350.89 | 275.86 |
| Finance costs paid | (666.83) | (646.14) |
| Dividend paid | (138.13) | (138.13) |
| Net cash used in financing activities (C) | (50.83) | (311.58) |
| Net (decrease)/increase in Cash and cash equivalents (A+B+C) | (193.43) | 284.16 |
| Cash and cash equivalents at the beginning of the year | 778.11 | 493.95 |
| Cash and cash equivalents at the end of the year | 584.68 | 778.11 |
| Reconciliation of Cash and cash equivalents with the Balance Sheet: | ||
| – Cash and cash equivalents | 584.68 | 778.11 |
| Cash and cash equivalents at the end of the year | 584.68 | 778.11 |
| S.No | Particulars | Quarter ended 31.03.2026 (Audited) | Quarter ended 31.12.2025 (Unaudited) | Quarter ended 31.03.2025 (Audited) | Year ended 31.03.2026 (Audited) | Year ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|---|
| 1 | Income |