NCC Share Price

The company released the unaudited statement of its financial results for the first quarter of the financial year spanning 2018-2019. From this, we can see the following:

1. The total income of the company for the first quarter was Rs.2,389.14 crore. This was a decrease from the previous quarter during which time the total income of the company was Rs.2,419.43 crore.
2. The total expenses of the company grew by only Rs.6 crore from Rs.2,221.24 crore in the previous quarter to Rs.2227.73 crore in the first quarter of FY19.
3. The company managed to decrease the cost of materials consumed and this reduced from Rs.1,100.08 crore in the final quarter of FY18 to Rs.899.45 crore in the first quarter of FY19.
4. The profit from operations before exceptional items and tax was Rs.161.41 crore in the first quarter quarter of FY19 compared to the final quarter of FY18 at Rs.198.19 crore.
5. The net profit after tax increased from Rs.102.71 crore in the fourth quarter of FY18 to Rs.103.67 crore in the first quarter of FY19.

Annual Report 2017-2018

The company released its annual report for the year 2017-2018. From this, we can see that the standalone results of the company indicate the following:

1. The total revenue from operations was Rs.7,559.23 crore in FY18 compared to Rs.7,892.07 crore in FY17.
2. The total income of the company decreased from Rs.8,032.14 crore in the previous year to Rs.7,675.15 crore in the FY18.
3. The profit before exceptional items and tax increased from FY17 to FY18 even though total income had decreased. The profit was Rs.474.3 crore in FY18 compared to Rs.317.49 crore in FY17.
4. The profit after tax was Rs.286.8 crore compared to Rs.225.5 crore in the previous year.
5. The paid up capital of the company increased from Rs.1,11.18 crore to Rs.120.12 crore in FY18.

Q4 Results FY18

The company released its financial results for the final quarter of FY18 and from the audited standalone results, we can see that:

1. The total income of the company was Rs.2,419.43 crore in the final quarter of FY18. This was in contrast to the previous quarter when the total income of the company was Rs.1,878.77 crore. The total income was derived from revenue from operations and other income, of which revenue from operations increased by a lot. The revenue from operations for the third quarter of FY18 was Rs.1,850.69 crore while the revenue from operations for the final quarter of the same year was Rs.2,394.79 crore.
2. The total expenses of the company rose by a lot over the quarter. The total expenses for the third quarter of FY18 totaled Rs.1,729.63 crore while the total for the final quarter of the same year was Rs.2,221.24 crore.
3. Profit before tax for the third quarter of FY18 was Rs.119.14 crore. This increased to Rs.168.19 crore in the fourth quarter of FY18.
4. Net profit after tax saw an increase of about Rs.2 crore quarter-over-quarter. The net profit after tax for the third quarter of the FY18 was Rs.100.36 crore. At the close of the fourth quarter of the year, the net profit after tax was Rs.102.71 crore.

NCC Limited stock trends in 2018

1. In January 2018, the stock was trading at an average of about Rs.131. The stock rose over the course of the first week and reached a high of an average of about Rs.140. After this, the stock reduced in price over the course of the month. The final price for the month of January 2018 was an average of about Rs.125.
2. The stock began trading at an average of about Rs.124 in the beginning of February 2018. The stock decreased in price over the course of the first week of the month. After this, the stock rose in price for the rest of the month. The final price for the month of February 2018 was an average of about Rs.131. This was an increase from the initial price at the beginning of the month.
3. The stock went down in price a little over the course of the first week of March 2018. After this, the stock fluctuated a lot. The final price for March 2018 was an average of about Rs.117.
4. The stock again rose in price over the course of April 2018. The stock reached a high of about an average of Rs.134 for the month at the close of the third week but reduced again in price over the course of the final week. The final price for the month was an average of about Rs.133.
5. The stock remained almost steady for the first few days of May 2018 but dipped steeply after that. The stock went below Rs.100 at the end of the third week of the month. After this, the stock rose in price again. The final price for the month of May 2018 was about Rs.119. While this was not as high as the previous months, it was a solid recovery from the low experienced during the course of the month.
6. The stock was trading at about Rs.120 in the beginning of June 2018. The share price dropped during the course of the month and the stock once again went below the Rs.100 mark. The final price for the month of June 2018 was about Rs.96.
7. The stock began trading at below Rs.100 in the month of July 2018. By mid-July 2018, the stock was trading at about Rs.79. The stock appeared to recover in price over the course of the final week of the month to close at about Rs.92. A final 50% dividend was announced on 30 July 2018.
8. The stock rose in price over the course of August 2018. While there was an increase, it was a very minimal increase. The final price for the month was about Rs.98.
9. The stock once again breached the Rs.100 mark at the beginning of September 2018 but dropped in price over the course of the month. The final price for the month was about Rs.73.
10. The stock did not go over Rs.75 over the course of October 2018. The final price towards the close of the month was about Rs.65.

NCC Limited stock trends in 2016 and 2017

Stock trends in 2016

1. The stock began trading at about Rs.77 at the beginning of January 2016. After an initial spike in price, the share price reduced steeply over the course of the month. The final price for the month was about Rs.64. There were a lot of fluctuations in February and the final price for that month was about Rs.61. The stock rose in price over the course of March 2016. The final price for the month of March 2016 was about Rs.75.
2. The stock began trading at about Rs.75 in the beginning of April 2016. The stock fluctuated a lot over the course of the month and the final price for the month was about Rs.78. The stock decreased in price over the course of May 2016. The final price for that month was about Rs.73. There were a lot of fluctuations in June 2016 and the final price for the month was about Rs.74.
3. The stock began trading at about Rs.76 in July 2016. The final price for the month was about Rs.81. The stock fluctuated a lot in August 2016 but the final price for the month was about Rs.84. A final 30% dividend was announced on 8 August 2016. The final price for September 2016 was about Rs.82.
4. The share price spiked in the month of October 2016 with a high of about Rs.94 and the final price for that month was about Rs.92. Over the course of the month of November 2016, the stock dipped in price and the final price for the month was about Rs.80. The final price for December was about Rs.80.

Stock trends in 2017

1. The stock began trading at about Rs.83 in the beginning of January 2017. The price of the shares did not change by much over the course of the month. The final price for January 2017 was about Rs.83, it was the same in February, and it was about Rs.81 in March 2017.
2. In April 2017, the share price increased by a lot. The final price for the month was about Rs.95. The stock spiked in the middle of the third week of May 2017. But the share prices dipped again after. The final price for May 2017 was about Rs.87. The final price for June 2017 was also about the same.
3. The stock did not vary in price by much over the course of July 2017. The final price for that month was about Rs.88. The share price appeared to hold steady over the course of August 2017. A final 20% dividend was announced on 7 August 2017. The final price for August 2017 was about Rs.84. The stock increased over the course of the end of the second week of September 2017 but dipped again. The final price for the month was about Rs.82.
4. During the course of October 2017, the stock rose in price. The stock rose over Rs.100 during this month. The final price for the month was about Rs.108. The stock dipped over the course of the first couple of weeks of November 2017 but increased again over the course of the rest of the month. The final price for that month was about Rs.123. The stock rose in price even more in December 2017 to close at about Rs.133.

Should you invest in NCC Limited?

The following are the reasons why it might be a good idea to invest in NCC Limited, and why it could be a potential source for good returns:

1. The company has been in existence for over four decades. It has gained a lot of experience in the construction sector, both in India and abroad.
2. The company has not been reluctant to experiment and has expanded into other sectors as well. This includes the energy sector which is extremely lucrative.
3. In recent times, the company has only struck deals for over a few hundred crore. This shows that the company favours higher-value projects.
4. The company has been led by Sri AAV Ranga Raju for a long time now. During the course of his tenure, the company has branched out into other lines of construction.
5. The company claims to be second in a list of the largest construction companies that are publicly traded.
6. The company has a strong financial rating. India Ratings and ICRA consider the company stable and have given an 'A' rating for the company. The company has reduced debt by a lot.
7. The company has been ranked second among construction companies by Dun & Bradstreet India.
8. The company currently has nine divisions all of which are doing well.
9. The company is currently into buildings and housing, road development, irrigation, and railways.
10. The company counts as its clients some of the biggest names in the industry. Examples include the National Highways Authority of India (NHAI), the Maharashtra Metro Rail Corporation Limited, National Thermal Power Corporation, and so on.
11. The company even works with the Indian Institute of Management in Raipur.
12. The company has branched out into the UAE.

Considering all of these facts, investing in NCC Limited could yield potentially good returns in the future. It would be best to do personal research before investing.

Company information

The company was founded by Sri AVS Raju and it has since expanded from its initial scope. The company has now ventured into urban infrastructure construction and even into power delivery projects. In addition to having a pan-Indian presence, the company also has interests in Oman and the UAE.

History of the company

The initial partnership firm was established in the year 1978. The key people associated with the company were Sri AVS Raju, Sri KI Narayana, Sri AAV Ranga Raju, Sri AGK Raju. The company's scope of work included construction of civil infrastructure including electrical works and sanitary plumbing. The company also undertook works related to laying of roads and construction of bridges and so on. The company received a higher CRISIL rating in the year 2000. This caused the rating of the company to increase from FB+ to FA-. The company decided to delist its shares from the Hyderabad Stock Exchange in the year 2003. In the year 2004, the company was in a joint venture with Somdatt Builders. The company undertook a project in Gujarat. In the year 2005, the company received an award from Forbes Asia. In the year 2006, the company worked with the National Highways Authority of India and gained a contract in the Sultanate of Oman. Since this time, the company has been expanding quite rapidly into the construction sector. Most of the projects that the company undertakes are worth over a hundred crore rupees. In 2011, the company changed its name from Nagarjuna Construction Co. Limited to NCC Limited. The company also shifted its registered office during this time.

Management of the company

The Board of Directors of the company includes the following people:

Sri Hemant M Nerurkar - Chairman

Sri RV Shastri - Independent Director

Smt Renu Challu - Independent Director

Sri S Ravi - Independent Director

Dr. AS Durga Prasad - Independent Director

Sri Utpal Hemendra Sheth - Director

Sri AAV Ranga Raju - Managing Director

Sri AGK Raju - Executive Director

Sri ASN Raju - Wholetime Director

Sri AVN Raju - Wholetime Director

Sri JV Ranga Raju - Wholetime Director

The managing director, Mr. AAV Ranga Raju has over four decades of experience in the construction industry. He took over the company from the founder Mr. AVS Raju. He serves as executive director at NCC Limited and is part of the boards of the following companies as well—NCC Urban Infrastructure Limited, NCC Infrastructure Holdings Limited, Vaidehi Avenues Limited, NCC Infra Limited, and NCC Power Projects Limited. As a managing director, he has received a number of awards. The company too has flourished under his leadership and received some awards.

NCC Limited listing in BSE, NSE, and other indices

The company is listed on the BSE and NSE under the following codes:

1. BSE: 500294
2. NSE: NCCEQ
3. IND: Construction and Contracting
4. ISIN Code: INE868B01028
5. SECT: Construction

The following indices have NCC Limited as a constituent:

1. Nifty 500
2. Nifty Full Smallcap 100
3. Nifty High Beta 50
4. Nifty Infrastructure
5. Nifty MidSmallcap 400
6. Nifty Smallcap 100
7. Nifty Smallcap 250
8. Nifty Smallcap 50
9. S&P BSE 250 SmallCap Index
10. S&P BSE 400 MidSmallCap Index
11. S&P BSE 500
12. S&P BSE AllCap
13. S&P BSE Dollex - 200
14. S&P BSE Industrials
15. S&P BSE MidSmallCap
16. S&P BSE SmallCap
17. S&P BSE SmallCap Select Index

Registered office

The registered office of the company is located at the following address:

NCC Limited, NCC House, Madhapur Hyderabad - 500 081

Telephone number: +91 40 2326 8888

Fax: +91 40 2312 5555

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The contents of this post/blog does not constitute financial or other professional advice nor does it imply in any manner a principal-agent relationship, and is not a professional advice on a specific financial matter.