Ncc Limited · NSE:NCC
Ncc — Q4 FY2026 Earnings Presentation
37 slides from Ncc's earnings presentation, May 15, 2026
Slide 1: Exchange filing cover letter for analyst call presentation
Ref. No.: NCCL/ Presentation/March-2026 Date : May 15, 2026 National Stock Exchange of India Ltd BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra – Kurla Complex Dalal Street, Bandra (E) Fort Mumbai - 400 051 Mumbai – 400 001 Symbol: NCC Code: 500294 Dear Sir(s), Sub: Presen
Slide 2: Investor Presentation Q4 FY2026
INVESTOR PRESENTATION Q4 FY2026 Building Forward — With Discipline and Purpose 15th May 2026 Tunnel Boring Machine deployed at GMLR Tunnel Project, Mumbai www.ncclimited.com | investors@nccltd.in | NSE: NCC | BSE: 500294 1
Slide 3: Safe Harbor Statement
Safe Harbor Statement This presentation includes forward-looking statements relating to the business outlook, financial performance, growth strategy, and future initiatives of NCC Limited (“the Company”). These statements are based on management’s current expectations and assumptions and are subject
Slide 4: Table of Contents
Table of Contents 01 Company Overview 05 Performance Trend Slides 4–7 Slides 20–24 02 Financial Highlights – Q4 & FY26 06 Significant Updates Slides 8–12 Slides 25–26 03 Balance Sheet, Cash Flow & Working 07 Projects Snapshot Capital Slides 13–16 Slides 27–30 04 Subsidiaries 08 People, ESG & Awards
Slide 5: Company Overview
Company Overview 48+ Years of Building Trust, Creating Landmarks Q4 & Full Year FY26 | Investor Presentation | May 2026 4
Slide 6: NCC At a Glance
NCC At a Glance 48+ Pan-India Years of Excellence Presence Since 1978 Reaching Every Corner ~₹83k Cr 7 Order Book Business Verticals Strong Execution Headroom Diverse Sector Coverage Trusted ESG Partnerships Leadership Repeat Orders, Public & Private Sustainability & Innovation NCC Limited | Q4 & Fu
Slide 7: Business Verticals
Business Verticals Buildings Transportation Water & Environment Electrical (T&D) Water supply projects, Water Transmission and distribution lines Access Controlled Highways, Hospitals & Medical colleges like treatment plants, Water and sub-stations, Project Complete EPC for the Road AIIMS, Airports,
Slide 8: Group Revenue Composition – FY26
Group Revenue Composition – FY26 FY26 Revenue Composition FY26 Rev (₹ Segment Entity Crore) 2% 1% Construction NCC Limited (Excl. revenue from group companies) 17,463 6% Coal Mining Pachhwara Coal Mining Pvt Ltd 2,710 12% Smart Meters 2 AMI SPVs – MSEDCL Maharashtra 1,267 Tunnels GMLR Project 404 Re
Slide 9: Financial Highlights
Financial Highlights Q4 & Full Year FY2026 | Standalone & Consolidated Q4 & Full Year FY2026 | Investor Presentation | 15th May 2026 8
Slide 10: Key Financial Nos: FY26 (Standalone)
Key Financial Nos: FY26 (Standalone) EBIDTA ₹ Order Book Revenue Rs 72,259 crore Rs 17,463 crore Rs 1,448 crore 16% Y-o-Y -9% Y-o-Y 8.29% of Turnover ₹ ₹ Profit after Tax Earnings per Share Net Debt Rs 577 crore Rs 9.19 Rs 1,667 crore 3.26% of Revenue NCC Limited | Q4 & Full Year FY2026 | Investor P
Slide 11: Key Financial Nos: FY26 (Consolidated)
Key Financial Nos: FY26 (Consolidated) Order Book Revenue EBITDA Rs 83,004 crore Rs 20,823 crore Rs 1,836 crore 16% Y-o-Y -6% Y-o-Y 8.82% of Turnover ₹ ₹ Profit after Tax Earnings per Share Net Debt Rs 724 crore Rs 10.76 Rs 2,815 crore 3.46% of Revenue NCC Limited | Q4 & Full Year FY2026 | Investor
Slide 12: Earnings Quality — Cash Conversion
Earnings Quality — Cash Conversion PAT vs OPERATING CASH FLOW(Standalone, ₹ Crore) 1400 1296 1299 1200 1000 873 883 815 800 759 631 569 577 600 490 400 200 0 FY22 FY23 FY24 FY25 FY26 PAT Cash from Operations (CFO) PAT vs CFO shows earnings quality — how much profit converts to actual cash. NCC Limit
Slide 13: Division-wise Composition – FY26
Division-wise Composition – FY26 Order Inflow Order Execution Order Book 15% 18% 24% 27% 36% 4% 36% 6% 8% 20% 17% 5% 20% 4% 23% 8% 17% 12% Rs 31,884 Cr Rs 20,447 Cr Rs 83,004 Cr Buildings 24% Buildings 36% Buildings 27% Transportation 8% Transportation 17% Transportation 20% Water & Railways 23% Wat
Slide 14: Balance Sheet, Cash Flow & Working Capital
Balance Sheet, Cash Flow & Working Capital FY26 – Standalone & Consolidated Q4 & Full Year FY2026 | Investor Presentation | 15th May 2026 13
Slide 15: Balance Sheet – FY26 (Standalone)
Balance Sheet – FY26 (Standalone) ₹ in Crore Year ending 31-Mar-26 A WHAT WE OWN L HOW IT'S FUNDED Inc/(Dec) Inc/(Dec) Particulars FY25 FY26 Particulars FY25 FY26 % % Non-current assets 3,479 4,269 23% Total equity 7,130 7,575 6% Current assets 18,609 16% Non-current liabilities 208 509 145% 15,988
Slide 16: Cash Flow Statement – FY26 (Standalone)
Cash Flow Statement – FY26 (Standalone) ₹ in Crore Year ending 31-Mar-26 A ANet· OPERATING cash flows from B BNet · INVESTING cash flows (used) in C CNet · FINANCING cash flows (used) in FY25 FY25 FY25 814.57 (218.83) (311.58) FY26 FY26 FY26 886.05 (1,028.65) (50.83) D=A+B+C FY25 FY26 Net increase (
Slide 17: Debt Snapshot
Debt Snapshot ₹ in Crore Year ending 31-Mar-26₹ in Crore As on 31-Mar-26 S STANDALONE C CONSOLIDATED Metric Q4 FY25 Q3 FY26 Q4 FY26 % YoY % QoQ Metric Q4 FY25 Q3 FY26 Q4 FY26 % YoY % QoQ Gross debt 1,484 2,980 2,251 52% (24%) Gross debt 1,594 4,165 3,457 117% (17%) Net debt 706 2,846 1,667 136% (41%
Slide 18: Subsidiaries
Subsidiaries Pachhwara Coal Mining | NCC Urban Q4 & Full Year FY2026 | Investor Presentation | 15th May 2026 17
Slide 19: SPV – Pachhwara Coal Mining (MDO Asset)
SPV – Pachhwara Coal Mining (MDO Asset) BUSINESS PROFILE FINANCIALS (₹ Crore) Activity MDO (Mine Dev. & Operator) Rev – Q4 FY26 702 Operational Since 12 December 2018 Pachhwara North, Pakur, PBT – Q4 FY26 27 Location Jharkhand NCC Stake 51% Rev – FY25 2,672 Client WBPDCL PBT – FY25 104 Project Life
Slide 20: Subsidiary – NCC Urban Infrastructure Limited
Subsidiary – NCC Urban Infrastructure Limited BUSINESS PROFILE KPIs (₹ Crore) Activity Real Estate Development KPI Q4FY25 Q4FY26 FY25 FY26 Operating Since December 2005 Revenue 38 55 267 276 Presence Bengaluru, Hyderabad, PAT 5 1 45 29 Chennai, Ranchi, Mumbai Net Worth 460 449 460 449 NCC Stake 80%
Slide 21: Performance Trend
Performance Trend FY21 – FY26 | Standalone & Consolidated Q4 & Full Year FY2026 | Investor Presentation | 15th May 2026 20
Slide 22: Performance Trend – Standalone (FY21–FY26)
Performance Trend – Standalone (FY21–FY26) Revenue (₹ Crore) EBITDA & PAT (₹ Crore) 1744 1648 18,439 19,393 17,669 1448 1343 13,504 996 10,038 855 759 631 678 7,362 569 490 261 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 Net worth (₹ Crore) Gross Debt (₹ Crore) 7574 7130 2,251 6813 6
Slide 23: Performance Trend – Consolidated (FY21–FY26)
Performance Trend – Consolidated (FY21–FY26) Order Book (₹ Crore) Turnover (₹ Crore) 22355 83004 20971 20994 71568 15701 57536 50244 11209 37911 39361 8065 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 EBITDA & PAT (₹ Crore) Net worth (₹ Crore) 1918 7869 1769 1836 7324 6640 1459 6167 5
Slide 24: Quarterly Operating Performance – Standalone
Quarterly Operating Performance – Standalone (8 Quarters) Order Inflow (₹ Crore) Revenue (₹ Crore) 5,445 5,382 15,980 4,747 4,720 4,480 4,430 4,082 12,430 3,775 8,440 6,233 4,760 4,775 3,658 408 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26
Slide 25: Quarterly Operating Performance – Consolidated
Quarterly Operating Performance – Consolidated (8 Quarters) Order Inflow (₹ Crore) Revenue (₹ Crore) 6,189 6,251 19,280 5,558 5,383 5,224 5,208 4,900 4,585 12,430 9,573 8,440 6,223 4,760 3,658 408 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY2
Slide 26: Significant Updates
Significant Updates Q4 & Full Year FY26 — Key Developments Q4 & Full Year FY2026 | Investor Presentation | 15th May 2026 25
Slide 27: Significant Updates – FY26 Full Year
Significant Updates – FY26 Full Year Order book — structural strength maintained ORDER BOOK ORDER INFLOWS BOOK-TO-BILL ₹ 83,004 Cr ₹ 31,884 Cr 4x FY25: ₹71,568 Cr · YoY 16% FY25: ₹32,888 Cr · YoY (3%) Multi-year visibility Diversified across various verticals — Viz. Buildings, Transportation, Water,
Slide 28: Projects Snapshot
Projects Snapshot Landmark Projects — Completed & Under Execution in FY26 Q4 & Full Year FY2026 | Investor Presentation | 15th May 2026 27
Slide 29: Major Projects Completed in FY26
Major Projects Completed in FY26 NCC Limited | Q4 & Full Year FY2026 | Investor Presentation | 15th May 2026 28
Slide 30: Major Projects Completed in FY26
Major Projects Completed in FY26 Silchar Medical College & Hospital | Assam Kasara Dantiwada Pipeline Project | Gujarat Jabalpur Flyover | Madhya Pradesh Jay Prakash International Airport, Patna | Bihar NCC Limited | Q4 & Full Year FY2026 | Investor Presentation | 15th May 2026 29
Slide 31: Major Projects Completed in FY26
Major Projects Completed in FY26 Palamuru Reservoir | Telangana BDA Project | Odisha World Trade Center | Delhi WTP Hatgad | Odisha NCC Limited | Q4 & Full Year FY2026 | Investor Presentation | 15th May 2026 30
Slide 32: People, ESG & Awards
People, ESG & Awards Sustainability | Community | Recognition Q4 & Full Year FY2026 | Investor Presentation | 15th May 2026 31
Slide 33: CSR Initiatives & Employee Engagement – FY26
CSR Initiatives & Employee Engagement – FY26 Healthcare & Maternal Support Education & Inclusion • Dhaatri Mothers' Milk Banks — Niloufer Hospital & BRDMC Gorakhpur • AAS Vidyalaya Education Café — online education for school • Lactation Support Unit, Bhimavaram dropouts • Aaryajanani Program — stre
Slide 34: ESG & Sustainability Snapshot – FY26
ESG & Sustainability Snapshot – FY26 Operational ESG outcomes — measured, reported, and externally certified across NCC's pan-India operations E ENVIRONMENTAL stewardship through operational outcomes 10,688 424,200 1.22 mn SAPLINGS PLANTED · FY26 kWh SOLAR GENERATED · FY26 SFT GREEN BUILDING · PORTF
Slide 35: Awards & Accolades – FY26
Awards & Accolades – FY26 1 of 2 Construction World Global Award Best Infrastructure Developer Award Fastest Growing Construction Company Engineers Club Kerala Ultra Large Category Presented by S. Somanath, former ISRO Chairman NCC Ltd. Vishwakarma Award PRCI Excellence Awards AWARDS Jabalpur Flyove
Slide 36: Select Awards & Accolades – FY26
Select Awards & Accolades – FY26 2 of 2 ICI–JSW Award India HSE Summit & Awards Sustainability in Concrete Construction HSE Excellence Metro Award Navi Mumbai International Airport MMRDA CA-07 Project, Mumbai Greentech Workplace SFS Awards Honourz Excellence Awards GOLD Award – HSE Excellence Gold –
Slide 37: Thank You
Thank You Building Forward — With Discipline and Purpose Investor Relations Contact investors@nccltd.in www.ncclimited.com NSE: NCC | BSE: 500294 | CIN: L72200TG1990PLC011146 NCC Limited | NCC House, Madhapur, Hyderabad 500 081 | T: +91 40 2326 8888 36