NBCC (India) Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: February 26, 2025, 4:14 am

Market Cap	21,252 Cr.
Current Price	78.7
High / Low	140/70.1
Stock P/E	42.0
Book Value	8.28
Dividend Yield	0.67 %
ROCE	30.7 %
ROE	23.0 %
Face Value	1.00
PEG Ratio	3.30

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for NBCC (India) Ltd

Competitors of NBCC (India) Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Modulex Construction Technologies Ltd	156 Cr.	22.6	35.7/7.72	27.8	42.6	0.00 %	1.85 %	2.57 %	10.0
MPDL Ltd	36.9 Cr.	49.8	92.7/31.4		136	0.00 %	3.39 %	6.29 %	10.0
IITL Projects Ltd	30.0 Cr.	60.0	78.1/34.4	998	70.7	0.00 %	%	%	10.0
HB Estate Developers Ltd	191 Cr.	98.0	125/60.0	17.8	80.1	0.00 %	7.00 %	2.39 %	10.0
Hazoor Multi Projects Ltd	866 Cr.	41.6	63.9/28.4	11.2	18.5	0.72 %	%	%	1.00
Industry Average	14,461.64 Cr	233.28		53.16	127.00	0.17%	22.71%	27.16%	21.48

All Competitor Stocks of NBCC (India) Ltd

Quarterly Result

Metric	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	935	1,303	1,509	1,800	1,366	1,556	1,587	2,227	1,478	1,622	1,919	3,032	1,627
Expenses	932	1,268	1,453	1,737	1,317	1,472	1,508	2,137	1,430	1,533	1,816	2,830	1,549
Operating Profit	2	35	56	63	49	84	78	90	48	89	102	202	78
OPM %	0%	3%	4%	4%	4%	5%	5%	4%	3%	5%	5%	7%	5%
Other Income	37	52	40	-40	-64	46	-8	40	37	15	24	-58	39
Interest	1	1	1	1	1	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	1	0	0	0	1	1
Profit before tax	37	85	94	21	-17	130	69	130	85	103	126	143	116
Tax %	27%	23%	26%	1%	-22%	24%	30%	26%	25%	17%	25%	28%	25%
Net Profit	27	66	69	21	-13	99	49	96	63	85	94	102	87
EPS in Rs	0.15	0.36	0.39	0.11	-0.07	0.55	0.27	0.54	0.35	0.47	0.52	0.57	0.48

Last Updated: September 14, 2024, 10:59 am

Below is a detailed analysis of the quarterly data for NBCC (India) Ltd based on the most recent figures (Jun 2024) and their trends compared to the previous period:

For Sales, as of Jun 2024, the value is ₹1,627.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹3,032.00 Cr. (Mar 2024) to ₹1,627.00 Cr., marking a decrease of ₹1,405.00 Cr..
For Expenses, as of Jun 2024, the value is ₹1,549.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from ₹2,830.00 Cr. (Mar 2024) to ₹1,549.00 Cr., marking a decrease of ₹1,281.00 Cr..
For Operating Profit, as of Jun 2024, the value is ₹78.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹202.00 Cr. (Mar 2024) to ₹78.00 Cr., marking a decrease of ₹124.00 Cr..
For OPM %, as of Jun 2024, the value is 5.00%. The value appears to be declining and may need further review. It has decreased from 7.00% (Mar 2024) to 5.00%, marking a decrease of 2.00%.
For Other Income, as of Jun 2024, the value is ₹39.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹-58.00 Cr. (Mar 2024) to ₹39.00 Cr., marking an increase of ₹97.00 Cr..
For Interest, as of Jun 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹0.00 Cr..
For Depreciation, as of Jun 2024, the value is ₹1.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹1.00 Cr..
For Profit before tax, as of Jun 2024, the value is ₹116.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹143.00 Cr. (Mar 2024) to ₹116.00 Cr., marking a decrease of ₹27.00 Cr..
For Tax %, as of Jun 2024, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 28.00% (Mar 2024) to 25.00%, marking a decrease of 3.00%.
For Net Profit, as of Jun 2024, the value is ₹87.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹102.00 Cr. (Mar 2024) to ₹87.00 Cr., marking a decrease of ₹15.00 Cr..
For EPS in Rs, as of Jun 2024, the value is ₹0.48. The value appears to be declining and may need further review. It has decreased from ₹0.57 (Mar 2024) to ₹0.48, marking a decrease of ₹0.09.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 14, 2024, 10:59 am

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	3,229	4,040	4,396	5,812	6,279	5,905	7,245	5,210	4,947	5,547	6,736	8,051	8,200
Expenses	3,035	3,815	4,108	5,504	5,875	5,504	6,869	5,194	4,861	5,388	6,431	7,607	7,729
Operating Profit	194	225	288	309	404	401	376	17	87	159	305	444	471
OPM %	6%	6%	7%	5%	6%	7%	5%	0%	2%	3%	5%	6%	6%
Other Income	110	133	147	101	89	106	187	235	173	88	15	18	19
Interest	1	24	41	3	2	2	2	8	12	8	5	3	0
Depreciation	1	1	2	2	3	3	3	3	2	2	2	2	2
Profit before tax	302	334	391	404	488	503	558	241	244	237	312	456	488
Tax %	31%	26%	29%	29%	28%	34%	31%	67%	17%	23%	26%	25%
Net Profit	208	247	277	287	351	334	384	80	202	183	231	344	368
EPS in Rs	1.15	1.37	1.54	1.59	1.95	1.85	2.13	0.44	1.12	1.02	1.28	1.91	2.04
Dividend Payout %	22%	24%	24%	42%	42%	45%	30%	30%	42%	49%	42%	33%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	18.75%	12.15%	3.61%	22.30%	-4.84%	14.97%	-79.17%	152.50%	-9.41%	26.23%	48.92%
Change in YoY Net Profit Growth (%)	0.00%	-6.60%	-8.54%	18.69%	-27.14%	19.81%	-94.14%	231.67%	-161.91%	35.64%	22.69%

NBCC (India) Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	7%
5 Years:	2%
3 Years:	18%
TTM:	18%

Compounded Profit Growth
10 Years:	7%
5 Years:	4%
3 Years:	32%
TTM:	25%

Stock Price CAGR
10 Years:	7%
5 Years:	35%
3 Years:	45%
1 Year:	-11%

Return on Equity
10 Years:	18%
5 Years:	15%
3 Years:	19%
Last Year:	23%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:59 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	120	120	120	120	180	180	180	180	180	180	180	180	180
Reserves	831	1,007	1,204	1,405	1,494	1,641	1,385	1,344	1,512	1,595	1,735	1,959	2,055
Borrowings	0	0	0	12	6	0	0	0	0	0	0	0	0
Other Liabilities	2,778	3,064	3,420	3,898	4,843	5,829	6,740	6,265	6,667	6,761	6,320	6,330	5,942
Total Liabilities	3,729	4,191	4,744	5,435	6,523	7,650	8,305	7,789	8,358	8,536	8,234	8,469	8,178
Fixed Assets	24	23	26	62	65	64	74	60	58	57	65	68	70
CWIP	0	0	0	0	0	0	0	0	0	0	1	8	9
Investments	162	114	152	231	105	59	359	344	334	332	332	586	557
Other Assets	3,543	4,055	4,566	5,142	6,353	7,528	7,872	7,385	7,966	8,147	7,837	7,807	7,541
Total Assets	3,729	4,191	4,744	5,435	6,523	7,650	8,305	7,789	8,358	8,536	8,234	8,469	8,178

Below is a detailed analysis of the balance sheet data for NBCC (India) Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹180.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹180.00 Cr..
For Reserves, as of Sep 2024, the value is ₹2,055.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹1,959.00 Cr. (Mar 2024) to ₹2,055.00 Cr., marking an increase of ₹96.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded ₹0.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹5,942.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹6,330.00 Cr. (Mar 2024) to ₹5,942.00 Cr., marking a decrease of ₹388.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹8,178.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹8,469.00 Cr. (Mar 2024) to ₹8,178.00 Cr., marking a decrease of ₹291.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹70.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹68.00 Cr. (Mar 2024) to ₹70.00 Cr., marking an increase of ₹2.00 Cr..
For CWIP, as of Sep 2024, the value is ₹9.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹8.00 Cr. (Mar 2024) to ₹9.00 Cr., marking an increase of ₹1.00 Cr..
For Investments, as of Sep 2024, the value is ₹557.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹586.00 Cr. (Mar 2024) to ₹557.00 Cr., marking a decrease of ₹29.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹7,541.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹7,807.00 Cr. (Mar 2024) to ₹7,541.00 Cr., marking a decrease of ₹266.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹8,178.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹8,469.00 Cr. (Mar 2024) to ₹8,178.00 Cr., marking a decrease of ₹291.00 Cr..

Notably, the Reserves (₹2,055.00 Cr.) exceed the Borrowings (₹0.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	90	-439	-154	168	439	212	120	51	86	270	-148	367
Cash from Investing Activity +	99	818	-5	-30	145	174	153	319	245	-44	-229	-486
Cash from Financing Activity +	-49	-53	-70	-85	-208	-184	-127	-131	-31	-90	-88	-97
Net Cash Flow	141	327	-229	53	376	203	146	239	299	135	-466	-217

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	194.00	225.00	288.00	297.00	398.00	401.00	376.00	17.00	87.00	159.00	305.00	444.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	94	119	141	115	127	140	106	96	121	106	85	100
Inventory Days	1,393
Days Payable	1,807
Cash Conversion Cycle	-320	119	141	115	127	140	106	96	121	106	85	100
Working Capital Days	-86	-20	6	-0	-11	-9	-38	-139	-153	-146	-107	-51
ROCE %	35%	34%	35%	28%	30%	29%	33%	16%	16%	20%	26%	31%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	61.75%	61.75%	61.75%	61.75%	61.75%	61.75%	61.75%	61.75%	61.75%	61.75%	61.75%	61.75%
FIIs	3.31%	3.43%	3.31%	3.36%	3.43%	3.84%	4.14%	4.46%	4.33%	4.43%	4.11%	4.15%
DIIs	11.08%	10.78%	10.46%	10.90%	10.61%	10.33%	10.21%	10.41%	9.94%	9.47%	9.10%	8.94%
Public	23.86%	24.04%	24.49%	24.00%	24.21%	24.09%	23.89%	23.37%	23.98%	24.35%	25.03%	25.15%
No. of Shareholders	5,49,670	5,45,783	5,39,908	5,29,550	5,28,298	5,09,879	5,56,080	6,42,053	13,19,446	12,84,151	15,24,802	16,02,807

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India CPSE ETF	40,329,076	1.63	751.61	750,000	2025-02-24	5277.21%
ICICI Prudential Bharat 22 ETF	6,824,122	0.62	127.17	750,000	2025-02-24	809.88%
Mahindra Manulife Small Cap Fund	3,000,000	1.06	55.91	750,000	2025-02-24	300%
HDFC Large and Mid Cap Fund - Regular Plan	1,288,000	0.1	23.34	750,000	2025-02-24	71.73%
Aditya Birla Sun Life Bal Bhavishya Yojna	750,000	1.24	13.98	750,000	2025-02-24	0%
Mahindra Manulife Flexi Cap Fund	740,000	0.92	13.79	750,000	2025-02-24	-1.33%
Nippon India Nifty Smallcap 250 Index Fund	655,240	0.68	12.21	750,000	2025-02-24	-12.63%
Motilal Oswal Nifty Smallcap 250 Index Fund	299,160	0.68	5.58	750,000	2025-02-24	-60.11%
Motilal Oswal Nifty 500 Index Fund	71,712	0.07	1.34	750,000	2025-02-24	-90.44%
ICICI Prudential BSE 500 ETF	10,461	0.07	0.19	750,000	2025-02-24	-98.61%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	2.23	1.48	1.25	1.23	0.43
Diluted EPS (Rs.)	2.23	1.48	1.25	1.23	0.43
Cash EPS (Rs.)	2.55	1.82	1.45	1.49	0.61
Book Value[Excl.RevalReserv]/Share (Rs.)	13.40	11.80	10.77	9.98	8.92
Book Value[Incl.RevalReserv]/Share (Rs.)	13.40	11.80	10.77	9.98	8.92
Revenue From Operations / Share (Rs.)	57.96	48.64	42.73	37.96	44.93
PBDIT / Share (Rs.)	4.15	3.04	2.21	1.66	1.72
PBIT / Share (Rs.)	4.12	3.01	2.19	1.63	1.68
PBT / Share (Rs.)	3.10	2.06	2.15	1.60	1.65
Net Profit / Share (Rs.)	2.30	1.54	1.32	1.31	0.55
NP After MI And SOA / Share (Rs.)	2.23	1.48	1.25	1.23	0.43
PBDIT Margin (%)	7.16	6.25	5.17	4.38	3.82
PBIT Margin (%)	7.11	6.19	5.11	4.30	3.74
PBT Margin (%)	5.35	4.23	5.04	4.20	3.66
Net Profit Margin (%)	3.97	3.16	3.09	3.46	1.22
NP After MI And SOA Margin (%)	3.84	3.04	2.91	3.24	0.96
Return on Networth / Equity (%)	18.04	13.71	12.68	13.54	5.39
Return on Capital Employeed (%)	27.57	21.12	16.51	13.18	14.87
Return On Assets (%)	3.14	2.07	1.66	1.68	0.62
Asset Turnover Ratio (%)	0.81	0.66	0.57	0.47	0.49
Current Ratio (X)	1.17	1.04	1.05	1.02	1.11
Quick Ratio (X)	1.05	0.90	0.90	0.86	0.93
Dividend Payout Ratio (NP) (%)	24.20	33.75	37.71	10.95	177.33
Dividend Payout Ratio (CP) (%)	21.80	28.30	34.11	9.61	153.06
Earning Retention Ratio (%)	75.80	66.25	62.29	89.05	-77.33
Cash Earning Retention Ratio (%)	78.20	71.70	65.89	90.39	-53.06
Interest Coverage Ratio (X)	14740.65	371.00	70.08	45.22	46.28
Interest Coverage Ratio (Post Tax) (X)	11792.54	303.81	55.75	36.70	15.81
Enterprise Value (Cr.)	16424.74	1631.61	1057.53	2844.98	-2107.70
EV / Net Operating Revenue (X)	1.57	0.18	0.13	0.41	-0.26
EV / EBITDA (X)	21.98	2.98	2.66	9.50	-6.81
MarketCap / Net Operating Revenue (X)	2.05	0.72	0.84	1.23	0.36
Retention Ratios (%)	75.79	66.24	62.28	89.04	-77.33
Price / BV (X)	9.63	3.28	3.70	5.12	2.03
Price / Net Operating Revenue (X)	2.05	0.72	0.84	1.23	0.36
EarningsYield	0.01	0.04	0.03	0.02	0.02

After reviewing the key financial ratios for NBCC (India) Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
For Basic EPS (Rs.), as of Mar 24, the value is 2.23. This value is below the healthy minimum of 5. It has increased from 1.48 (Mar 23) to 2.23, marking an increase of 0.75.
For Diluted EPS (Rs.), as of Mar 24, the value is 2.23. This value is below the healthy minimum of 5. It has increased from 1.48 (Mar 23) to 2.23, marking an increase of 0.75.
For Cash EPS (Rs.), as of Mar 24, the value is 2.55. This value is below the healthy minimum of 3. It has increased from 1.82 (Mar 23) to 2.55, marking an increase of 0.73.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 13.40. It has increased from 11.80 (Mar 23) to 13.40, marking an increase of 1.60.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 13.40. It has increased from 11.80 (Mar 23) to 13.40, marking an increase of 1.60.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 57.96. It has increased from 48.64 (Mar 23) to 57.96, marking an increase of 9.32.
For PBDIT / Share (Rs.), as of Mar 24, the value is 4.15. This value is within the healthy range. It has increased from 3.04 (Mar 23) to 4.15, marking an increase of 1.11.
For PBIT / Share (Rs.), as of Mar 24, the value is 4.12. This value is within the healthy range. It has increased from 3.01 (Mar 23) to 4.12, marking an increase of 1.11.
For PBT / Share (Rs.), as of Mar 24, the value is 3.10. This value is within the healthy range. It has increased from 2.06 (Mar 23) to 3.10, marking an increase of 1.04.
For Net Profit / Share (Rs.), as of Mar 24, the value is 2.30. This value is within the healthy range. It has increased from 1.54 (Mar 23) to 2.30, marking an increase of 0.76.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 2.23. This value is within the healthy range. It has increased from 1.48 (Mar 23) to 2.23, marking an increase of 0.75.
For PBDIT Margin (%), as of Mar 24, the value is 7.16. This value is below the healthy minimum of 10. It has increased from 6.25 (Mar 23) to 7.16, marking an increase of 0.91.
For PBIT Margin (%), as of Mar 24, the value is 7.11. This value is below the healthy minimum of 10. It has increased from 6.19 (Mar 23) to 7.11, marking an increase of 0.92.
For PBT Margin (%), as of Mar 24, the value is 5.35. This value is below the healthy minimum of 10. It has increased from 4.23 (Mar 23) to 5.35, marking an increase of 1.12.
For Net Profit Margin (%), as of Mar 24, the value is 3.97. This value is below the healthy minimum of 5. It has increased from 3.16 (Mar 23) to 3.97, marking an increase of 0.81.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 3.84. This value is below the healthy minimum of 8. It has increased from 3.04 (Mar 23) to 3.84, marking an increase of 0.80.
For Return on Networth / Equity (%), as of Mar 24, the value is 18.04. This value is within the healthy range. It has increased from 13.71 (Mar 23) to 18.04, marking an increase of 4.33.
For Return on Capital Employeed (%), as of Mar 24, the value is 27.57. This value is within the healthy range. It has increased from 21.12 (Mar 23) to 27.57, marking an increase of 6.45.
For Return On Assets (%), as of Mar 24, the value is 3.14. This value is below the healthy minimum of 5. It has increased from 2.07 (Mar 23) to 3.14, marking an increase of 1.07.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.81. It has increased from 0.66 (Mar 23) to 0.81, marking an increase of 0.15.
For Current Ratio (X), as of Mar 24, the value is 1.17. This value is below the healthy minimum of 1.5. It has increased from 1.04 (Mar 23) to 1.17, marking an increase of 0.13.
For Quick Ratio (X), as of Mar 24, the value is 1.05. This value is within the healthy range. It has increased from 0.90 (Mar 23) to 1.05, marking an increase of 0.15.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 24.20. This value is within the healthy range. It has decreased from 33.75 (Mar 23) to 24.20, marking a decrease of 9.55.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 21.80. This value is within the healthy range. It has decreased from 28.30 (Mar 23) to 21.80, marking a decrease of 6.50.
For Earning Retention Ratio (%), as of Mar 24, the value is 75.80. This value exceeds the healthy maximum of 70. It has increased from 66.25 (Mar 23) to 75.80, marking an increase of 9.55.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 78.20. This value exceeds the healthy maximum of 70. It has increased from 71.70 (Mar 23) to 78.20, marking an increase of 6.50.
For Interest Coverage Ratio (X), as of Mar 24, the value is 14,740.65. This value is within the healthy range. It has increased from 371.00 (Mar 23) to 14,740.65, marking an increase of 14,369.65.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 11,792.54. This value is within the healthy range. It has increased from 303.81 (Mar 23) to 11,792.54, marking an increase of 11,488.73.
For Enterprise Value (Cr.), as of Mar 24, the value is 16,424.74. It has increased from 1,631.61 (Mar 23) to 16,424.74, marking an increase of 14,793.13.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.57. This value is within the healthy range. It has increased from 0.18 (Mar 23) to 1.57, marking an increase of 1.39.
For EV / EBITDA (X), as of Mar 24, the value is 21.98. This value exceeds the healthy maximum of 15. It has increased from 2.98 (Mar 23) to 21.98, marking an increase of 19.00.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.05. This value is within the healthy range. It has increased from 0.72 (Mar 23) to 2.05, marking an increase of 1.33.
For Retention Ratios (%), as of Mar 24, the value is 75.79. This value exceeds the healthy maximum of 70. It has increased from 66.24 (Mar 23) to 75.79, marking an increase of 9.55.
For Price / BV (X), as of Mar 24, the value is 9.63. This value exceeds the healthy maximum of 3. It has increased from 3.28 (Mar 23) to 9.63, marking an increase of 6.35.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.05. This value is within the healthy range. It has increased from 0.72 (Mar 23) to 2.05, marking an increase of 1.33.
For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.04 (Mar 23) to 0.01, marking a decrease of 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of NBCC (India) Ltd as of February 27, 2025 is: ₹64.42

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 27, 2025, NBCC (India) Ltd is Overvalued by 18.14% compared to the current share price 78.70

Intrinsic Value of NBCC (India) Ltd as of February 27, 2025 is: 72.63

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 27, 2025, NBCC (India) Ltd is Overvalued by 7.71% compared to the current share price ₹78.70

Last 5 Year EPS CAGR: 12.74%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 27.75%, which is a positive sign. The stock has a low average Working Capital Days of -62.83, which is a positive sign. The company has higher reserves (1,474.38 cr) compared to borrowings (1.38 cr), indicating strong financial stability. The company has shown consistent growth in sales (5.38 cr) and profit (381.38 cr) over the years.	The stock has a high average Cash Conversion Cycle of 78.00, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in NBCC (India) Ltd:
1. Net Profit Margin: 3.97%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 27.57% (Industry Average ROCE: 22.71%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 18.04% (Industry Average ROE: 27.16%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 11792.54
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.05
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 42 (Industry average Stock P/E: 53.16)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

NBCC (India) Ltd. is a Public Limited Listed company incorporated on 15/11/1960 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L74899DL1960GOI003335 and registration number is 003335. Currently Company is involved in the business activities of Architectural and engineering activities and related technical consultancy. Company's Total Operating Revenue is Rs. 8050.62 Cr. and Equity Capital is Rs. 180.00 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Construction, Contracting & Engineering	NBCC Bhawan, New Delhi Delhi 110003	co.sectt@nbccindia.com http://www.nbccindia.in

Management
Name	Position Held
Mr. K P Mahadevaswamy	Chairman & Managing Director
Mr. Saleem Ahmad	Director - Projects
Dr. Sumar Kumar	Director - Commercial
Mr. Rajeev Kumar	Independent Director
Prof. Bhimrao Panda Bhosale	Independent Director
Mr. Asim Misra	Independent Director
Mr. Sanjeet	Government Nominee Director
Mr. Ravi Kumar Arora	Government Nominee Director

FAQ

What is the latest intrinsic value of NBCC (India) Ltd?

Let's break down NBCC (India) Ltd's intrinsic value simply:

We calculate intrinsic value using the PE Ratio Method - comparing the company's current price-to-earnings ratio with its historical average and industry peers. Think of it like checking if a stock is "on sale" compared to its typical pricing.

As of 26 February 2025:

Calculated Fair Value: ₹64.42
Current Market Price: ₹78.70
Variance: 18.14% lower

This suggests NBCC (India) Ltd is currently overvalued by 18.14%. For context:

Market Cap: 21,252 Cr.
52-Week Range: 140/70.1
Reserves (Sep 2024): 2,055 Cr
Liabilities: 8,178 Cr

Remember: The PE method gives a snapshot based on earnings multiples. While useful for quick comparisons, investors should also consider growth prospects, industry trends, and economic conditions. This calculation assumes historical PE ratios remain relevant - always verify with current market dynamics.

What is the Market Cap of NBCC (India) Ltd?

The Market Cap of NBCC (India) Ltd is 21,252 Cr..

What is the current Stock Price of NBCC (India) Ltd as on 26 February 2025?

The current stock price of NBCC (India) Ltd as on 26 February 2025 is ₹78.7.

What is the High / Low of NBCC (India) Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of NBCC (India) Ltd stocks is 140/70.1.

What is the Stock P/E of NBCC (India) Ltd?

The Stock P/E of NBCC (India) Ltd is 42.0.

What is the Book Value of NBCC (India) Ltd?

The Book Value of NBCC (India) Ltd is 8.28.

What is the Dividend Yield of NBCC (India) Ltd?

The Dividend Yield of NBCC (India) Ltd is 0.67 %.

What is the ROCE of NBCC (India) Ltd?

The ROCE of NBCC (India) Ltd is 30.7 %.

What is the ROE of NBCC (India) Ltd?

The ROE of NBCC (India) Ltd is 23.0 %.

What is the Face Value of NBCC (India) Ltd?

The Face Value of NBCC (India) Ltd is 1.00.