NCC has announced its financial results for the second quarter and half-year ended September 30, 2026. The company reported a robust 31% year-on-year increase in standalone revenue to ₹4,957 crore and a significant 50% jump in standalone EBITDA to ₹417 crore. Consolidated revenue also saw a healthy 32% rise to ₹6,042 crore. These figures highlight strong operational execution and an expanding order book.
NCC Announces Strong Q2 and H1 FY27 Financial Performance
NCC has released its financial results for the second quarter (Q2) and the first half (H1) of the financial year 2027 (FY27), concluding on September 30, 2026. The company demonstrated significant year-on-year growth across key financial metrics, reflecting strong project execution and a healthy order pipeline.
Standalone Financial Highlights
In its standalone performance, NCC reported a substantial 31% year-on-year increase in revenue, reaching ₹4,957 crore for Q2 FY27. EBITDA also saw a remarkable surge of 50% compared to the previous year, standing at ₹417 crore. The EBITDA margin for the quarter was 8.48%. Profit After Tax (PAT) grew by 60% year-on-year to ₹163 crore, with a PAT margin of 3.29%.
For the first half of FY27, standalone revenue grew by 21% to ₹9,909 crore, and PAT increased by 20% to ₹350 crore.
Consolidated Financial Performance
On a consolidated basis, NCC’s revenue for Q2 FY27 increased by 32% year-on-year to ₹6,042 crore. Consolidated EBITDA rose by 34% to ₹528 crore, with an EBITDA margin of 8.79%. Consolidated PAT for the quarter stood at ₹184 crore, marking a 19% increase year-on-year.
The first half consolidated revenue reached ₹11,884 crore, a 21% growth, while consolidated PAT grew by 16% to ₹401 crore.
Order Book and Business Mix
The company’s order book remains robust, standing at ₹80,167 crore as of September 30, 2026. The division-wise composition shows strength across various segments, with Buildings and Transportation being significant contributors.
Key Business Updates
NCC provided updates on its key business verticals, including Pachhwara Coal Mining, NCC Urban Infrastructure, and its Smart Metering business. The Smart Metering segment is progressing well across its three contracts, with Maharashtra showing ahead of Bihar.
The company also outlined its H1 FY27 performance against FY27 guidance, noting strong revenue growth and efforts to manage working capital effectively. Priorities include execution where fronts and funding are ready, and smart-meter installation progress.
Source: BSE
