Synopsis:
The infra stock surged 5% after securing a ₹2,090 crore Bihar water resources order. Despite a weak Q1 with revenue down 6% and profit 8%, a ₹70,087 crore order book, strong tender pipeline, and ₹22,000–25,000 crore inflow guidance support growth.
The shares of the infrastructure solution provider gained up to 5 percent in today’s trading session after the company bagged a significant work order from the Water Resource Department, Bihar, worth Rs 2,090 crore.
With a market capitalization of Rs 13,316.63 crore, the shares of NCC Ltd were trading at Rs 216.15 per share, increasing around 2 percent as compared to the previous closing price of Rs 212.10 apiece.
Secured order
The shares of NCC Ltd have seen bullish movement after bagging a significant work order from the Water Resource Department, Bihar, worth Rs 2,090 crore for the construction of the Barnar reservoir, dam structures, irrigation channels, and other associated works. The contract should be completed within 30 months.
Financial& Operational Highlights
The company reported a decline in financial performance in Q1FY26, with revenue slipping 6 percent to Rs 5,179 crore from Rs 5,528 crore a year earlier. Net profit also fell 8 percent to Rs 205 crore versus Rs 223 crore, reflecting weaker demand and margin pressures impacting overall profitability.
In Q1 FY26, NCC’s total order book stood at Rs. 70,087 crore, with buildings contributing the highest share at 34 percent, followed by transportation at 26 percent and electrical (T&D) at 22 percent. Water & railways (6 percent), mining (7 percent), and irrigation (5 percent) made up the remainder, showcasing a well-diversified project portfolio across critical infrastructure sectors.
During the quarter, NCC secured Rs. 3,658 crore in new orders, dominated by the buildings segment at 79 percent, while transportation accounted for 21 percent, reflecting strong demand in real estate and infrastructure development. On the execution front, NCC executed Rs. 5,139 crore worth of projects, led by buildings (34 percent), mining (16 percent), and electrical (18 percent), indicating active progress across multiple verticals.
As per the recent concall, NCC’s tender pipeline stands strong at Rs. 2.55 lakh crore, with FY26 order inflow guidance at Rs. 22,000–25,000 crore, including Rs. 5,000–6,000 crore of L1 orders. However, management remains confident of meeting FY26 guidance on revenue, margins, and order inflow.
NCC Limited is engaged in construction/project activities in the infrastructure sector. The Company is engaged in the infrastructure sector, primarily in the construction of industrial and commercial buildings, housing projects, roads, bridges and flyovers, water supply and environment projects, mining, power transmission lines, irrigation and hydrothermal power projects.
Written by Abhishek Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
