NCC reports modest profit dip despite revenue surge and robust order inflows in Q1 2026

NCC Ltd. posted a slight 1.6% decline in net profit for the first quarter of 2026, even as revenue surpassed Rs 4,900 crore and order inflows reached nearly Rs 3,900 crore, signalling sustained growth amid margin pressures.

NCC Ltd. reported a modest dip in first-quarter profit for fiscal 2026 even as revenue climbed above Rs 4,900 crore, underscoring a quarter of stronger sales but thinner bottom-line growth. According to the company’s exchange filing, net profit fell 1.6% to Rs 187 crore from Rs 190 crore a year earlier, while revenue rose 12.2% to Rs 4,912 crore.

Operating performance improved slightly. Earnings before interest, tax, depreciation and amortisation increased 12.4% to Rs 443 crore, lifting the EBITDA margin to 9.01% from 8.99%. At the same time, other income declined to Rs 41 crore from Rs 51 crore and tax expense rose to Rs 67 crore from Rs 51 crore, which helped pressure profit despite the stronger top line.

The quarter also pointed to a healthy pipeline of work. NCC reported order inflow of Rs 3,889 crore in the three months to June 30 and an order book of Rs 81,214 crore at the end of the period. That follows a broader pattern of robust order accretion: in its annual report for fiscal 2025-26, the company said its consolidated order book had risen 16% year on year to Rs 83,004 crore as of March 31, backed by order inflows of Rs 31,884 crore.

NCC shares ended the session 0.11% higher at Rs 143.73, slightly ahead of the wider market, though the stock remains well below its 52-week high. The company has also flagged shareholder returns for the year, with the board recommending a dividend of Rs 2.20 per share for fiscal 2025-26, according to the annual results disclosures.

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