₹86.53
+0.1% today
· 30d -10.14%
as of 2026-09-04
Price · Daily Candles
“NBCC's Profit Surge Defies Operating Slowdown as Public Stakeholders Grow.”
NBCC, an Engineering & Construction firm, reported a strong 38.47% YoY net profit growth to ₹197 crores in Q4 2025, reaching an annual profit of ₹557 crores. Despite this, quarterly operating profit declined by 5.99% YoY to ₹186 crores, while the stock has seen a 16.48% decline over the last year.
BULL CASE
+Net profit saw a significant 38.47% YoY increase in Q4 2025, reaching ₹197 crores.
+Annual net profit grew by 38.81% YoY to ₹557 crores for the period ending March 31, 2025.
+Three-year revenue CAGR stands at 16.11% and net profit CAGR at 32.81%.
+ML predictions indicate strong sales growth, with `sales_1y_stable_7y` ranking at 0.83.
+The company's ROCE of 33.0% is higher than several peers, including LT (21.24%) and RVNL (14.97%).
BEAR CASE
−Operating profit for Q4 2025 declined by 5.99% YoY to ₹186 crores despite revenue growth.
−The stock has experienced a -16.48% return over the past year, trading 25.92% off its 52-week high.
−DIIs reduced their stake by 1.5% and FIIs by 0.2% in Q1 2026.
−The `intrinsic_value` model is deemed unreliable due to predicted severe Δ FCF compression, with current Free Cash Flow at ₹337 crores, significantly lower than its market capitalization of ₹26,133 crores.
⟳ What Changed
₹ Latest Earnings · Q ending 2025-12-31
REVENUE
₹3022 Cr
+6.91% YoY
NET PROFIT
₹197 Cr
+38.47% YoY
OPM
6.0%
-0.85pp YoY
EPS
₹0.71
PE 40.0
Intrinsic value · DCF ₹33.05 · Margin of safety -61.8% (overvalued) · FCF yield 1.45%
◇ Sector Position
NBCC trades at a higher P/E of 40.0 and boasts a superior ROCE of 33.0% compared to sector giant LT (P/E 34.5, ROCE 21.24%) but is relatively expensive next to KPIL (P/E 20.9, ROCE 24.26%).
PEERPEROCE %
NBCC40.033.0
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ML Forward Growth Predictions 🔒
47
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
NEUTRAL
40
Valuation
FAIR
40
Growth
STRONG
75
Profitability
DECENT
65
Technicals
WEAK
33
Risk
ELEVATED
30
Key Stats
TTM PE
40.0
P/B
9.76
52W HIGH
₹125.85
OFF HIGH
-31.24%
DIV YIELD
0.72%
MKT CAP
₹23278 Cr
◉ Active Signals
MACDNeutral0.0202
RSI(14)Bearish34.65
Street Consensus
2 analysts₹124.5
mean target
Low ₹110.0Now ₹86.53High ₹139.0
⧉ Strategy Fit 🔒