# NCC share price today (NCC Ltd, NSE: NCC)

> NCC share price today: ₹117.27 at the NSE close on 3 November 2026, down 44.8% in a year. NCC (NSE: NCC) is worth ₹7,331 crore, trades at a P/E of 10.2 and has closed between ₹114.51 and ₹195.31 over the past 52 weeks. > NCC Ltd's share price has fallen more than its earnings. Earnings per share fell 17.6% in a year while the price moved −44.8%. NCC · Construction & Contracting · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/ncc-ltd

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: ₹117.27 (−44.8% in a year)
- P/E: 10.2× (lower than 84% of the last 11 years)
- Revenue (Jun 2026): ₹5,812 Cr (+12.2% on a year ago)
- Profit (Jun 2026): ₹229 Cr (+11.7% on a year ago)
- Operating margin: 9.0% (flat on a year ago)
- ROCE: 17%, FY26
- Profit that came in as cash: 70%, last 3 years

The main question: yearly earnings per share moved −17.6% while the share price moved −44.8%. ## What is the NCC share price today? NCC Ltd's share price was ₹117.27 at the close on 3 November 2026. It has been falling for 92 weeks. That is 21.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹115 and ₹195, and at that close it sat 3% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 22 weeks running. Over the last 11 years the share price moved +73% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 19 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at NCC this quarter? Three changes stood out: profit grew again in the June 2026 quarter, promoters raised their stake for 5 quarters in a row and indian funds and insurers (DIIs) raised their stake for 3 quarters in a row. 1. Profit grew again in the June 2026 quarter Profit was ₹229 crore, +11.7% on a year earlier (₹205 crore), after 4 quarters of decline. Why: The company got more work done and kept a little more profit from each rupee of sales, so profit rose. Next results: check whether BharatNet's fixed price fibre work starts to lower profit if fibre prices stay high. From the earnings call on 7 Aug 2026. 2. Promoters raised their stake for 5 quarters in a row From 22.1% to 23.2% of the company by the September 2026 quarter. 3. Indian funds and insurers (DIIs) raised their stake for 3 quarters in a row From 15.3% to 18.2% of the company by the September 2026 quarter. ## What are NCC's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), NCC reported revenue of ₹5,812 crore, up 12.2% from ₹5,179 crore a year earlier, and a profit of ₹229 crore, up 11.7% from ₹205 crore. ### NCC results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹5,812 crore | ₹5,179 crore | +12.2% |
| Profit | ₹229 crore | ₹205 crore | +11.7% |
| Earnings per share | ₹3.45 | ₹3.06 | +12.7% |
| Operating margin | 9.0% | 9.0% | 0.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). NCC's management discussed these results on a call held on 7 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the NCC share price history? NCC closed at ₹117.27 on 3 November 2026, down 44.8% from ₹212.37 a year earlier (31 October 2025) and up 56.3% over five years. Its highest weekly close since March 2016 was ₹344.15 on 2 August 2024. ### NCC share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹116.18 | +0.9% |
| 1 month ago · 1 Oct 2026 | ₹130.06 | −9.8% |
| 6 months ago · 30 Apr 2026 | ₹163.84 | −28.4% |
| 1 year ago · 31 Oct 2025 | ₹212.37 | −44.8% |
| 3 years ago · 3 Nov 2023 | ₹148.90 | −21.2% |
| 5 years ago · 4 Nov 2021 | ₹75.05 | +56.3% |
| 10 years ago · 4 Nov 2016 | ₹83.45 | +40.5% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹67.80 | +73.0% |
| Highest weekly close since March 2016 · 2 Aug 2024 | ₹344.15 | −65.9% |
| Lowest weekly close since March 2016 · 3 Apr 2020 | ₹16.95 | +591.9% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹195.31 | −40.0% |
| 52-week low (weekly close) · 30 Oct 2026 | ₹114.51 | +2.4% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (560 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on NCC? 3 Nov 2026: NCC closed at ₹117.27, up 0.9% on the week and down 9.8% on the month. 14 Aug 2026: ex-date for a dividend of ₹2.20 a share. ### Earlier

- 7 Aug 2026: NCC held its results call for April to June 2026. Management guided: FY27 order inflow ₹22,000-25,000 crore, revenue growth 8-10%, operating margin 8.5-9%. - Results for April to June 2026: Revenue up 12.2% and profit up 11.7% on a year earlier. ## What dividend does NCC pay? NCC paid ₹2.20 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 1.88% at the ₹117.27 close on 3 November 2026. The last was a dividend of ₹2.20 a share, ex-date 14 August 2026. ### NCC dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 14 Aug 2026 | ₹2.20 | Dividend | same day |
| 14 Aug 2025 | ₹2.20 | Dividend | same day |
| 30 Aug 2024 | ₹2.20 | Dividend | same day |
| 25 Aug 2023 | ₹2.20 | Dividend | same day |
| 11 Aug 2022 | ₹2 | Dividend | 12 Aug 2022 |
| 5 Aug 2021 | ₹0.80 | Dividend | n/a |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. NCC Ltd paid out 20% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did NCC management say on the latest results call? On the call for April to June 2026, held on 7 August 2026, NCC's management guided: FY27 order inflow ₹22,000-25,000 crore, revenue growth 8-10%, operating margin 8.5-9%. > “The second critical element is the ability of the clients to provide the funds, make the funds available on time, give all the approvals, and make all the ROWs possible.”
> Neeraj Sharma, on the call for April to June 2026

### What management guided

- FY27 capital spending ₹500 crore. - JJM projects substantially completed in FY27 if payment flow continues; Telangana Mission Bhagiratha balance expected at 15% monthly. - Smart-meter capital spending and Maharashtra/Bihar project execution completed by March 2027; planned IRR 18% on total capital; O&M about ₹1 crore per 1 lakh operational meters thereafter. - Vizag receivable fully recovered by December 2026; AP Capital City old-project receivable realized in Q1 or early Q2. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/217/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 7 August 2026.)

## What to watch in NCC's next results? When NCC reports July to September 2026, these are the 3 checks that show whether the story is still on course. First: JJM collections and project closure to progress with payment flow - check receivable reduction and billing momentum. - What to check (from the call)
- JJM collections and project closure to progress with payment flow - check receivable reduction and billing momentum. - BharatNet OFC procurement and authority response - check whether fixed-price work avoids further profit pressure. - Smart-meter deployment and commissioning - check progress toward planned completion and the start of recurring O&M billing. ## Which stock lists is NCC on? NCC is on 2 of our India lists: 52 week high & low and Dividend stocks. - [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)
- [Dividend stocks Regular dividend yield (%): 1.84](https://www.sectoralpha.in/dividend-stocks-india)

## Is NCC profitable? NCC Ltd earned ₹229 Cr of net profit in the Jun 2026 quarter, +11.7% on the same quarter a year earlier. Full-year FY26 profit was ₹724 Cr. Over 10 years profit has grown 24.3% a year on average. That is 3.9% of the quarter's revenue. The same quarter a year earlier earned ₹205 Cr. For the full year, FY26 profit was ₹724 Cr (−16.6% on the year before). Why profit moved: revenue changed +12.2% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed −11.4% and revenue −1.9%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does NCC make, and is it growing? NCC Ltd reported ₹5,812 Cr of revenue in the Jun 2026 quarter, +12.2% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 8.1% a year on average. The last full year, FY26, came in at ₹20,823 Cr. The last four reported quarters add to ₹21,456 Cr. FY26 revenue was ₹20,823 Cr, −6.2% on the year before. Recent pace: the last four quarters grew −1.9% on average, against 8.1% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −1.8%, against −1.2% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −12.1%, against −2.0% a year (rolling over). ## How much of every ₹100 of sales does NCC keep? NCC Ltd's operating margin was 9.0% in the Jun 2026 quarter, about the same as the same quarter a year ago. Across 13 years it has been between 8.0% and 12.0%. The latest quarter is within that range. In the latest quarter it moved +0.0 percentage points on the same quarter a year ago. Why the margin moved: operating margin changed +0.6 percentage points on the year while gross margin changed +2.5 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is NCC's profit turning into cash? Over the last 3 years, 70% of NCC Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 its operations used ₹459 Cr of cash, against ₹724 Cr of profit. After ₹955 Cr of spending on assets, free cash was −₹1,414 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 70% of profit came in as cash: the cash cycle got 25 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 2.3× depreciation over three years. The next section checks what that spending is building. ## Where does NCC's cash go? NCC Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −283 days in FY26, down from −258 days in FY21. It spent ₹1,545 Cr on assets over the last 3 years. Customers take 66 days to pay, and stock sits for 129 days on average. At FY26 sales of ₹20,823 Cr, each day of that cycle ties up about ₹57.0 Cr, so roughly −₹16,145 Cr is tied up in the business at any time. FY26: customers took 66 days to pay and stock sat for 129 days, about 4.2 months of sales sitting as stock, for a full cycle of −283 days, shorter than FY21's −258. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 129 days. Customers pay about 66 days after that. Suppliers are paid at 478 days. Together that makes the −283-day cycle. Spending on assets: ₹1,545 Cr over the last 3 years, against ₹663 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹351 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is NCC's P/E ratio, and how does it compare with its own history? NCC Ltd's P/E is 10.2×, near the low end of its own history: it has been lower only 16% of the time. Its usual P/E (the middle reading) is 13.9×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹11.14. Why the multiple is where it is: over the past year earnings per share moved −17.6% while the price moved −44.8%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +9.3% a year; about +17.7% a year came from earnings growth and about −8.4 percentage points from the multiple (the market paying less); over 10 years the price moved +3.5% a year; about +17.3% a year came from earnings growth and about −13.8 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. The PEG ratio and its quarterly curve, which only the second data source has, are not shown on this page: its two data sources disagree by up to 9.5% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the NCC business getting better or worse? NCC Ltd's business is giving mixed signals. Revenue, profit and EPS growth are shrinking while ROCE is steady at 17.0%, so growth and returns point different ways. This is based on 8 quarters of 4 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does NCC earn on its capital? NCC Ltd earned a ROCE of 17% in FY26. That is up from a low of 8% in FY17. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 3.5% net margin and 0.80× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 3.5% net margin × 0.80× asset turnover × 3.30× leverage (assets divided by equity) ≈ 9.2% on equity. The margin does its share; borrowing is a big part of it. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 9.5% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does NCC have too much debt? NCC Ltd had ₹3,457 Cr of borrowings against ₹7,869 Cr of equity in FY26, so its debt is 0.44× its equity. Its operating profit is 3 times its interest bill. Over 5 years borrowings went from ₹2,062 Cr to ₹3,457 Cr. Over the last 3 of those years it spent ₹1,545 Cr on assets. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 9.5% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the NCC shareholding pattern? Foreign institutions cut their stake in NCC Ltd by 10.4 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 10.4% of the company. Domestic institutions moved +5.8 points over the same period, to 18.2%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −10.4 points over 8 quarters, to 10.4%; Domestic institutions: +5.8 points over 8 quarters, to 18.2%; Promoters: +1.2 points over 8 quarters, to 23.2%. Why the owners changed: foreign institutions moved −10.4 points and domestic institutions +5.8 points over 8 quarters, while promoters moved +1.2 points. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is NCC from balance-sheet trouble? For NCC Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does NCC rank in its industry? 49.5 out of 100, rank 7 of 12 in Construction & Contracting, with 63% of the evidence available. NCC Ltd scores 49.5 out of 100 against the 12 companies it is compared with in Construction & Contracting, ranking 7. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 11.6 + 15.8 + 13.3 + 8.8 = 49.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is NCC compared with? NCC ranks 7 of 12 Construction & Contracting companies on the 4-Factor Sector Score, with 49.5 out of 100. 1. [Modis Navnirman Ltd](https://www.sectoralpha.in/stocks/modis-navnirman-ltd) MODIS · leader · Most evidence points up · 75% evidence 73.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.3/35 · Revenue 70.6% · Profit 71.4% · Operating margin change 6 points · 95% evidence Capital efficiency 19.4/25 · ROCE 25.8% · Operating margin 21% · 76% evidence Valuation 10.2/20 · P/E 21.2× · PEG n/a · 15% evidence Relative strength 18.1/20 · Lead over its industry 35% · Lead over NIFTY 500 16.5% · 1 year 24.5% · 100% evidence · 10 of 12 weeks ahead Exact sum: 25.3 + 19.4 + 10.2 + 18.1 = 73 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Garuda Construction and Engineering Ltd](https://www.sectoralpha.in/stocks/garuda-construction-and-engineering-ltd) GARUDA · quiet · Most evidence points up · 79% evidence 65.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.8/35 · Revenue 84.1% · Profit 97.1% · Operating margin change 3 points · 88% evidence Capital efficiency 21.8/25 · ROCE 42.4% · Operating margin 32% · 100% evidence Valuation 11.2/20 · P/E 9.3× · PEG n/a · 15% evidence Relative strength 3.2/20 · Lead over its industry -6.3% · Lead over NIFTY 500 -19.9% · 1 year -37.3% · 100% evidence · 3 of 12 weeks ahead Exact sum: 28.8 + 21.8 + 11.2 + 3.2 = 65 · What this means: Earnings are strong; relative strength in its sector is -6.3% and the one-year return is -37.3%. 3. [Mahindra Lifespace Developers Ltd](https://www.sectoralpha.in/stocks/mahindra-lifespace-developers-ltd) MAHLIFE · quiet · Evidence leans up · 93% evidence 57.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.3/35 · Revenue 100% · Profit 85.8% · Operating margin change 129 points · 100% evidence Capital efficiency 5.9/25 · ROCE 7.6% · Operating margin -170% · 100% evidence Valuation 12.5/20 · P/E 23.4× · PEG 1.18 · 65% evidence Relative strength 8.6/20 · Lead over its industry 3.9% · Lead over NIFTY 500 -10.9% · 1 year -20.5% · 100% evidence · 6 of 12 weeks ahead Exact sum: 30.3 + 5.9 + 12.5 + 8.6 = 57.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Man Infraconstruction Ltd](https://www.sectoralpha.in/stocks/man-infraconstruction-ltd) MANINFRA · breaking out · Evidence leans up · 82% evidence 57.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.2/35 · Revenue -9.8% · Profit -26.1% · Operating margin change 5 points · 95% evidence Capital efficiency 15.8/25 · ROCE 13.2% · Operating margin 30% · 76% evidence Valuation 11.5/20 · P/E 19.2× · PEG n/a · 50% evidence Relative strength 17.6/20 · Lead over its industry 15.4% · Lead over NIFTY 500 -1.1% · 1 year -28.3% · 100% evidence · 9 of 12 weeks ahead Exact sum: 12.2 + 15.8 + 11.5 + 17.6 = 57.1 · What this means: Relative strength against the index is -1.1%, and revenue and profit growth are weak. 5. [RDB Infrastructure and Power Ltd](https://www.sectoralpha.in/stocks/rdb-infrastructure-and-power-ltd) Evidence leans up · 61% evidence 53.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/35 · Revenue 18.6% · Profit 100% · Operating margin change 3.7 points · 83% evidence Capital efficiency 10.4/25 · ROCE 7% · Operating margin 7.4% · 95% evidence Valuation 9.5/20 · P/E 23.9× · PEG n/a · 15% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -54.8% · 1 year -70.3% · 25% evidence · 0 of 7 weeks ahead Exact sum: 26 + 10.4 + 9.5 + 7.5 = 53.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [PSP Projects Ltd](https://www.sectoralpha.in/stocks/psp-projects-ltd) PSPPROJECT · quiet · Evidence leans up · 81% evidence 52.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue 44.7% · Profit 100% · Operating margin change 1.2 points · 65% evidence Capital efficiency 11.7/25 · ROCE 7.9% · Operating margin 6% · 100% evidence Valuation 12.9/20 · P/E 37.3× · PEG 0.9 · 65% evidence Relative strength 6.0/20 · Lead over its industry 1.6% · Lead over NIFTY 500 -12.7% · 1 year -25.5% · 100% evidence · 2 of 12 weeks ahead Exact sum: 22.1 + 11.7 + 12.9 + 6 = 52.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. NCC Ltd this page NCC · quiet · Evidence leans down · 63% evidence 49.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.6/35 · Revenue -1.8% · Profit -12.1% · Operating margin change 0 points · 83% evidence Capital efficiency 15.8/25 · ROCE 16.8% · Operating margin 9% · 76% evidence Valuation 13.3/20 · P/E 9.9× · PEG n/a · 50% evidence Relative strength 8.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -19.6% · 1 year -46.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 11.6 + 15.8 + 13.3 + 8.8 = 49.5 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 8. [BEML Land Assets Ltd](https://www.sectoralpha.in/stocks/beml-land-assets-ltd) BLAL · turning · Too little evidence to rank firmly · 59% evidence 48.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.1/35 · Revenue n/a · Profit 100% · Operating margin change n/a · 30% evidence Capital efficiency 5.0/25 · ROCE -193% · Operating margin 67.3% · 100% evidence Valuation 8.5/20 · P/E 291× · PEG n/a · 15% evidence Relative strength 15.0/20 · Lead over its industry 7.4% · Lead over NIFTY 500 -8.1% · 1 year -23% · 100% evidence · 0 of 12 weeks ahead Exact sum: 20.1 + 5 + 8.5 + 15 = 48.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 9. [Ashoka Buildcon Ltd](https://www.sectoralpha.in/stocks/ashoka-buildcon-ltd) ASHOKA · basing · Evidence leans down · 71% evidence 43.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.8/35 · Revenue -24.6% · Profit 37.3% · Operating margin change -15 points · 83% evidence Capital efficiency 18.4/25 · ROCE 26.4% · Operating margin 17% · 76% evidence Valuation 11.5/20 · P/E 4× · PEG n/a · 15% evidence Relative strength 3.5/20 · Lead over its industry -10.7% · Lead over NIFTY 500 -24.2% · 1 year -53.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 9.8 + 18.4 + 11.5 + 3.5 = 43.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Vascon Engineers Ltd](https://www.sectoralpha.in/stocks/vascon-engineers-ltd) VASCONEQ · turning · Too little evidence to rank firmly · 56% evidence 36.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.2/35 · Revenue -20.2% · Profit -80% · Operating margin change -2.5 points · 83% evidence Capital efficiency 8.9/25 · ROCE 4.7% · Operating margin 3.3% · 76% evidence Valuation 9.2/20 · P/E 24.2× · PEG n/a · 15% evidence Relative strength 9.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -16.8% · 1 year -55.3% · 25% evidence · 1 of 12 weeks ahead Exact sum: 9.2 + 8.9 + 9.2 + 9.1 = 36.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 11. [Consolidated Construction Consortium Ltd](https://www.sectoralpha.in/stocks/consolidated-construction-consortium-ltd) CCCL · quiet · Too little evidence to rank firmly · 56% evidence 32.5 out of 100 Growth Capital Valuation Relative
12. [Jaiprakash Associates Ltd](https://www.sectoralpha.in/stocks/jaiprakash-associates-ltd) JPASSOCIAT · Too little evidence to rank firmly · 26% evidence 36.5 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Construction & Contracting](https://www.sectoralpha.in/sectors/construction-contracting), all 12 compared on one page. ## Which companies are close to NCC in size? NCC is the largest of 12 Construction & Contracting companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: Mahindra Lifespace Developers, Man Infraconstruction, PSP Projects, Ashoka Buildcon, Garuda Construction and Engineering and Modis Navnirman. ### Construction & Contracting companies close in size

1. NCC Ltd ₹7,189 crore
2. [Mahindra Lifespace Developers Ltd](https://www.sectoralpha.in/stocks/mahindra-lifespace-developers-ltd) ₹6,545 crore
3. [Man Infraconstruction Ltd](https://www.sectoralpha.in/stocks/man-infraconstruction-ltd) ₹4,311 crore
4. [PSP Projects Ltd](https://www.sectoralpha.in/stocks/psp-projects-ltd) ₹2,741 crore
5. [Ashoka Buildcon Ltd](https://www.sectoralpha.in/stocks/ashoka-buildcon-ltd) ₹2,706 crore
6. [Garuda Construction and Engineering Ltd](https://www.sectoralpha.in/stocks/garuda-construction-and-engineering-ltd) ₹1,264 crore
7. [Modis Navnirman Ltd](https://www.sectoralpha.in/stocks/modis-navnirman-ltd) ₹769 crore

[All 12 Construction & Contracting companies, largest first](https://www.sectoralpha.in/sectors/construction-contracting#all-companies)

### Companies close in size in other industries

1. [Orkla India Ltd](https://www.sectoralpha.in/stocks/orkla-india-ltd) ₹7,201 crore · FMCG Processing - Other
2. [RHI Magnesita India Ltd](https://www.sectoralpha.in/stocks/rhi-magnesita-india-ltd) ₹7,192 crore · Refractories
3. NCC Ltd ₹7,189 crore
4. [Tejas Networks Ltd](https://www.sectoralpha.in/stocks/tejas-networks-ltd) ₹7,178 crore · Telecom Services
5. [Railtel Corporation of India Ltd](https://www.sectoralpha.in/stocks/railtel-corporation-of-india-ltd) ₹7,138 crore · Railways

## What else do people ask about NCC? ### What is NCC's share price today? NCC Ltd's share price is ₹117.27, −44.8% over the past year. The whole company is worth ₹7,331 Cr on the market. In the last 52 weeks it traded between ₹115 to ₹195; today it is 3% of the way up from the low, 21.6% below its 200-day average (as of 3 November 2026). ### What were NCC's latest quarterly results? NCC Ltd reported revenue of ₹5,812 Cr and net profit of ₹229 Cr for the Jun 2026 quarter. Revenue rose 12.2% and profit rose 11.7% compared with a year earlier. Earnings per share were ₹3.45. The operating margin was 9.0%, 0.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is NCC's market cap? NCC Ltd's market capitalisation is ₹7,331 Cr at a share price of ₹117.27. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is NCC performing? NCC Ltd's share price has been falling for 92 weeks. In its latest quarter, revenue rose 12.2% and profit rose 11.7% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 22 weeks running (as of 3 November 2026). ### Will NCC's share price go up? This page does not forecast NCC Ltd's share price. What it shows instead: the share price is ₹117.27, and it has been falling for 92 weeks. Its P/E of 10.2× is higher than 16% of its own last 11 years (as of 3 November 2026). ### Where is NCC in its business cycle? NCC Ltd's FY26 operating margin was 9.0%, against a 13-year range of 8.0% to 12.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 9.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the NCC story? The main question: yearly earnings per share moved −17.6% while the share price moved −44.8%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is NCC a stock worth studying right now? What the numbers show: NCC Ltd's share price has fallen more than its earnings. Earnings per share fell 17.6% in a year while the price moved −44.8%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a NCC share price forecast for 2026? What management itself guided: FY27 order inflow ₹22,000-25,000 crore, revenue growth 8-10%, operating margin 8.5-9%. ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india
- Dividend stocks: https://www.sectoralpha.in/dividend-stocks-india

This is research, not advice. We’re not SEBI-registered.