Slide 1: Exchange filing cover letter for analyst call presentation
Ref. No.: NCCL/ Presentation/June-2026-27 Date : August 6, 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: Pr
Slide 2: Q1 FY2027 Investor Presentation
Q1 FY2027 INVESTOR PRESENTATION Executing with Discipline. Building Sustainable Value. 6th August 2026 www.ncclimited.com | investors@nccltd.in NSE: NCC | BSE: 500294 1
Slide 3: Safe Harbor Statement
Safe Harbor Statement Q1FY2027 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 ar
Slide 4: Index
INDEX 4 10 18 PERFORMANCE & SUBSIDIARIES & COMPANY OVERVIEW COMPOSITION INVESTMENTS 22 26 31 QUARTER HIGHLIGHTS PROJECTS & AWARDS ESG, CSR & SUSTAINABILITY 3
Slide 5: Company Overview
SECT ION 01 Company Overview 48+ years. Seven business verticals. Pan-India execution across Buildings, Transportation, Water, Railways, Electrical (T&D), Irrigation and Mining. IIT ROPAR 4
Slide 6: NCC At a Glance
NCC At a Glance A S A T 3 0 -JU N-2 6 Order Book Future-Ready Legacy of Pan-India Diverse Business Trusted Resilience Innovation & ESG Excellence Presence Verticals Partnerships Leadership 48+ 81k 7 Building enduring relationships with leading public and Driving Rs. Crore Sustainability, Years of Ex
Slide 7: Business Verticals
Business Verticals Diverse capabilities. End-to-end solutions. Nation-building impact. é) ® ©& @ BUILDINGS @ TRANSPORTATION @ WATER & @ ELECTRICAL @ MINING @ RAILWAYS @ IRRIGATION ENVIRONMENT (T&D) | = Healthcare Facilities = Access Controlled = Water Supply Projects Transmission & = Overburden Remo
Slide 8: Key Financial Numbers Standalone
Key Financial Nos Standalone Q 1FY202 7 / 30-J UN-26 R EVENUE EB ITD A OR DE R B OOK ₹4,952 Cr ₹442 Cr ₹71,312 Cr ▲ 12% Y-o-Y 9% of Turnover ▲ 15% Y-o-Y PR OFIT A FT ER T AX NET D EBT EA RNINGS PER SH ARE ₹187 Cr ₹2,008 Cr ₹2.98 3.8% of Revenue D/E: 0.31 x Per equity share NCC Limited | Q1FY2027 | I
Slide 9: Key Financial Numbers Consolidated
Key Financial Nos Consolidated Q 1FY202 7 / 30-J UN-26 R EVENUE EB ITD A OR DE R B OOK ₹5,842 Cr ₹545 Cr ₹81,214 Cr ▲ 12% Y-o-Y 9.4% of Turnover ▲ 16% Y-o-Y PR OFIT A FT ER T AX NET D EBT EA RNINGS PER SH ARE ₹229 Cr ₹3,513 Cr ₹3.45 3.9% of Revenue D/E: 0.5 x Per equity share NCC Limited | Q1FY2027
Slide 10: Group Revenue Composition
Group Revenue Composition Q1FY2027 / ₹ CRORE REVENUE SHARE BY SEGMENT REVENUE BY ENTITY (₹ CR) 1% Construction 4,650 5%2% 12% Construction Coal Mining 715 Coal Mining Smart Meters Smart Meters 264 Tunnels Real Estate Tunnels 129 80% Real Estate 53 BUSINESS MIX Construction accounted for 80% of FY26
Slide 11: Performance & Composition
SECT ION 02 Performance & Composition Division-wise order inflow, execution and order book, with eight-quarter operating trend on a standalone and consolidated basis. WATER TREATMENT P LANT, HATHAD 10
Slide 12: Division-wise Composition
Division-wise Composition Q1FY2027 / CONSOLIDATED ORDER INFLOW ORDER EXECUTION ORDER BOOK ₹3,889 Cr ₹5,680 Cr ₹81,214 Cr 2% 10% 15% 16% 31% 28% 3% 36% 6% 16% 34% 16% 12% 20% 18% 23% 14% Buildings Transportation Water & Railways Electrical (T&D) Irrigation & Others Mining BUSINESS MIX Order book mix
Slide 13: Quarterly Operating Performance Standalone
Quarterly Operating Performance Standalone Q2FY25 - Q1FY27 / ₹ CRORE ORDER INFLOW REVENUE 5,445 5,382 15,980 4,720 4952 4,480 4,430 4,082 12,430 3,775 8,440 6,233 4,760 4,775 3889 3,658 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 EB
Slide 14: Quarterly Operating Performance Consolidated
Quarterly Operating Performance Consolidated Q2FY25 - Q1FY27 / ₹ CRORE ORDER INFLOW REVENUE 6,189 6,251 5842 19,280 5,224 5,383 5,208 4,585 4,900 12,430 8,440 9,573 6,223 4,760 3,658 3889 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27
Slide 15: Five-Year Trend - Standalone
Five-Year Trend - STANDALONE FY22 - FY26 / STANDALONE / ₹ CRORE REVENUE EBITDA % EBITDA & PAT 1,648 1,744 18,439 19,393 17,669 1,448 1,343 13,504 996 10,038 759 569 631 577 490 10.0% 10.1% 9.0% 9.1% 8.3% FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 2,251 NET WORTH 7,166 7,574 GROSS DEBT 6,813 6
Slide 16: Five-Year Trend - Consolidated
Five-Year Trend - CONSOLIDATED FY22 - FY26 / CONSOLIDATED / ₹ CRORE REVENUE EBITDA % 22,355 EBITDA & PAT 20,971 20,944 1,918 1,836 1,769 15,701 1,459 11,209 1,024 711 820 724 609 482 9.2% 9.4% 8.5% 8.6% 8.8% FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 NET WORTH ORDER BOOK 8,029 83,004 7,324 71
Slide 17: Order Book & Execution
Order Book & Execution AS AT 30-JUN-26 ORDER BOOK ORDER INFLOW - QUARTER BOOK-TO-BILL ₹81,214 Cr ₹3,889 Cr ~3.5x As at 31 Mar 2026 ₹83,004 Cr Q1 FY26 ₹3,658 Cr FY26 ~4x ORDER BOOK QUALITY NEW AWAR DS The order book as at 30 June 2026 is well-diversified across NCC's New awards of ₹3,889 Cr secured d
Slide 18: Debt & Working Capital
Debt & Working Capital AS AT 30-JUN-26 / ₹ CRORE DEBT NET WORKING CAPITAL DAYS – STANDALONE Metric Q1 FY26 Q4 FY26 Q1 FY27 119 102 110 Gross debt – standalone 1,852 2,251 2,410 97 95 77 Net debt – standalone 1,497 1,667 2,008 Net debt – consolidated 1,574 2,815 3,513 Debt-equity ratio – standalone 0
Slide 19: Subsidiaries & Investments
SECT ION 03 Subsidiaries & Investments Pachhwara Coal Mining, NCC Urban Infrastructure and the two AMI smart meter SPVs. TSGEN CO SUBSTATION , SIDHIPET 18 20
Slide 20: Pachhwara Coal Mining
Pachhwara Coal Mining MDO ASSET / NCC STAKE 51% BUSINESS PROFILE FINANCIALS (₹ CR) Q1 FY26 Q4 FY26 Q1 FY27 Open-cast mine, Pachhwara C OAL MINING / M DO / WBPDCL Activity Mine developer & operator Revenue 748 701 715 Operational Profit before tax 30 26 28 12 December 2018 since Contribution to Pachh
Slide 21: NCC Urban Infrastructure
NCC Urban Infrastructure REAL ESTATE / NCC STAKE 80% KPI (₹ CR) Q1 FY26 Q4 FY26 Q1 FY27 BUSINESS PROFILE Revenue 30 55 56 Activity Real estate development Profit after tax 3 1 7 Operating December 2005 since Net worth 422 449 456 Bengaluru, Hyderabad, Presence Chennai, Ranchi, Mumbai Total debt 91 1
Slide 22: Smart Meter SPVs — Maharashtra (RDSS)
Smart Meter SPVs — Maharashtra (RDSS) Q1FY2027 / 30-JUN-26 BUSINESS PROFILE CAPITAL DEPLOYMENT / ₹ CRORE NCC Equity Infused — cumul. 460 Activity AMI Smart Meter Installation Debt Drawn — cumulative 1461 Scheme RDSS % of meters of deployed 45% Model DBFOOT Revenue Commencement FY27/28 Concession Per
Slide 23: Quarter Highlights
SECTION 04 Quarter Highlights JABALPUR CABLE-STAYED FLYOVER 22
Slide 24: Quarter Highlights
Quarter Highlights Q1FY2027 OPERATIONAL PERFORMANCE PROFITABILITY Revenue for the quarter of ₹ 5,842 Cr reflects improving On a consolidated basis, EBITDA margin expanded to 9.4% (Q1 execution momentum across the Company’s key business FY26: 8.8%), with consolidated EBITDA and PAT both higher year-
Slide 25: Looking Ahead
Looking Ahead Q1FY2027 INDUSTRY OUTLOOK EXECUTION ENVIRONMENT Government-led infrastructure investment continues to gain Project execution across the sector continues to be influenced by momentum across Central and State programmes, supported fund allocation, client approvals, land availability, uti
Slide 26: FY27 Guidance
FY27 Guidance Focused on Profitable Growth with Strong Execution ORDER INFLOW REVENUE GROWTH EBITDA MARGIN ₹22,000 – 25,000 Cr 8% – 10% 8.5% – 9% Targeting strong new orders driven by Aiming for strong year-on-year revenue Guiding for stable EBITDA margins in a continued sectoral demand and a robust
Slide 27: Projects & Awards
SE C T I ON 05 Projects & Awards Select projects and recognition received. SICPAK FACILITY, SHILLONG 26
Slide 28: Highways & Power
Highways & Power MRR Road Project, Madurai Hon’ble President of India inaugurating Kusumi Project 29.96 km carriageway, Vadipatti to Thamaraipatti on NH- Electrical infrastructure works in Bahraich, Gonda, 744A Balarampur and Shravasti districts, UP NCC LIMITED / Q1FY2027 / INVESTOR PRESENTATION 6TH
Slide 29: Urban Infra & Healthcare
Urban Infra & Healthcare LDA Daliganj Flyover Ground breaking, LTMG Hospital, Mumbai 2-lane ROB-cum-flyover from Pakka Pul to Daliganj, 62 operation theatres and a 14-storey OPD building, serving Lucknow up to 16,000 patients NCC LIMITED / Q1FY2027 / INVESTOR PRESENTATION 6TH AUGUST 2026 28
Slide 30: Water & Sanitation
Water & Sanitation Jal Jeevan Mission – Lakhimpur, UP Jal Arpan – Hardoi, UP Drinking water schemes completed and formally handed Clean water schemes completed and handed over to two over to the community Gram Panchayats NCC LIMITED / Q1FY2027 / INVESTOR PRESENTATION 6TH AUGUST 2026 29
Slide 31: Awards & Accolades
Awards & Accolades Golden Hook Award ISDA Infracon – 5th Nat. Quality MSEDCL Certificate PWD Certificate – Platinum Convention 2.3 MN SAFE HOURS / RDSS T- Assam LISA 2026 / MMRDA METRO C- IINA 2026 / HSE / EMAAR QUALITY INNOVATION / IEI 17 6 MN SAFE HOURS / IDC 102 AMARIS BETKUCHI Golden Award – Con
Slide 32: ESG, CSR & Sustainability
SECTION 06 ESG, CSR & Sustainability Environmental stewardship, community impact and governance. KASARA–DANTIWADA WATER PLANT 31
Slide 33: ESG & Sustainability Snapshot
ESG & Sustainability Snapshot FY26 · independently assured across 186 sites in 27 states −17% 88,331 / 21,573 Assured EMISSION INTENSITY (S1+S2) SCOPE 1 / SCOPE 2 EMISSIONS (tCO₂e) BRSR CORE — SGS INDIA 6.22 tCO₂e/₹Cr; reflects portfolio and operational changes FY26 absolute emissions · independentl
Slide 34: CSR & Community
CSR & Community FY26 • delivered across healthcare, education, rural development & community welfare 12 ~16,355 30.29% ACTIVE CSR PROJECTS PEOPLE BENEFITED RURAL WAGE SHARE FY26 FY26 (FY25: 30.26%) HEALTHCARE & EDUCATION & RURAL & COMMUNITY COMMUNITY MATERNAL SUPPORT INCLUSION DEVELOPMENT PARTNERSHI
Slide 35: Thank you
Thank you INVESTOR RELATIONS investors@nccltd.in www.ncclimited.com NCC House, Madhapur, Hyderabad 500 081 NSE: NCC / BSE: 500294 KU SU MI RESERVOIR, BHUB ANESWAR 34