Q4FY21 Result Update - NCC Ltd - ICICI Direct

NCC reported a decent set of numbers in Q4FY21 with revenue growth of 20% YoY to Rs. 2617.7 crore on a standalone basis. The topline growth was mainly driven by strong order book position and pick-up in execution. However, operating margin declined 179 bps YoY to 11.1% owing to higher sub-contracting expenses. Consequently, operating profit improved merely 3.3% YoY to Rs. 289.7 crore. At the net level, a decent operating performance coupled with benign depreciation and interest cost has translated into 11.4% YoY growth to Rs. 115.5 crore in adjusted PAT.

For details, click on the link below: Link to the report

Shares of NCC Limited was last trading in BSE at Rs.80.95 as compared to the previous close of Rs. 83.4. The total number of shares traded during the day was 475658 in over 3705 trades.

The stock hit an intraday high of Rs. 89 and intraday low of 79.9. The net turnover during the day was Rs. 39400554.

Source : Equity Bulls

Keywords