NCC Ltd Share Price – NSE /  BSE

Infrastructure Developers & Operators, Small Cap

The contract, which comes under the company's transportation division, is set to be executed over 36 months.

NCC 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, etc.

The company’s consolidated net profit declined 12.45% to Rs 193.18 crore in Q3 FY25, compared with Rs 220.65 crore recorded in Q3 FY24. Revenue from operations increased 1.61% to Rs 5,344.52 crore in the third quarter of FY25 as against Rs 5,260.08 crore posted in Q3 FY24.

Shares of NCC declined 2.06% to Rs 171.40 on the BSE.

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The Board of Directors of NCC at its meeting held today, i.e., 28 February 2025, has approved for equity investment of Rs. 70 crore in NCC Quantum Technologies, a wholly owned subsidiary of the Company.

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NCC Quantum Technologies (Quantum) was established to execute and invest in advanced metering infrastructure service provider (AMISP) projects. As of March 31, 2024, the paid-up share capital of Quantum is Rs 10 lakh.

The investment of Rs 70 crore will be used for the execution and investment in AMISP projects. The amount will be invested in 2,80,00,000 equity shares, each with a face value of Rs 10, at a premium of Rs 15 per share. The investment will be made through cash consideration.

There will be no change in the percentage of shareholding of the company in Quantum. It will continue to remain a wholly owned subsidiary of the company.

There will be no change in the percentage of shareholding of NCC in Quantum, which will remain a wholly owned subsidiary of the company. The acquisition is expected to be completed on or before 31 March 2025.

Since Quantum is a wholly owned subsidiary, it is considered a related party of NCC. The transaction is classified as a related party transaction and is conducted at arm’s length. Apart from the shares held by NCC, the promoter, promoter group, and group companies have no interest in Quantum.

NCC 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, etc.

The company’s consolidated net profit declined 12.45% to Rs 193.18 crore in Q3 FY25, compared with Rs 220.65 crore recorded in Q3 FY24. Revenue from operations increased 1.61% to Rs 5,344.52 crore in the third quarter of FY25 as against Rs 5,260.08 crore posted in Q3 FY24.

The scrip slipped 2.80% to Rs 173.75 on the BSE.

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Revenue from operations increased 1.61% to Rs 5,344.52 crore in third quarter of FY25 as against Rs 5,260.08 crore posted in Q3 FY24.

Profit before tax stood at Rs 270.03 crore in the December 2024 quarter, down 16.95% from Rs 325.14 crore posted in corresponding quarter previous year.

EBITDA stood at Rs 440.90 crore in Q3 FY25, registering de-growth of 12.76% as compared with Rs 505.41 crore in Q3 FY24.

In Q3 FY25, the revenue from construction was at Rs 5,285.90 crore (up 1.98% YoY), and real estate revenue was at Rs 58.52 crore (down 9.29% YoY).

On a nine-month basis, the company’s consolidated net profit increased 17.93% to Rs 556.06 crore on an 11.9% increase in revenue from operations to Rs 16,068.48 crore in 9M FY24 over 9M FY23.

The company’s consolidated order book stood at Rs 55,548 crore on a consolidated basis as of 31 December 2024.

NCC 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, etc.

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