Q2 2025 NCC Ltd Earnings Call Transcript
Key Points
- NCC Ltd (BOM:500294) reported a strong order book of INR 52,370 crore as of September 2024, indicating a healthy pipeline of future projects.
- The company achieved a consolidated turnover of INR 10,224 crore for the first half of the financial year, surpassing the budgeted turnover.
- NCC Ltd (BOM:500294) maintained its revenue growth guidance of 15% and EBITDA margin guidance of 9.5% to 10% for the fiscal year.
- The company has seen significant traction in its buildings and transportation divisions, with a substantial order book in these areas.
- Debt levels have been reduced by INR 87.03 crore compared to the previous quarter, with a debt-equity ratio standing at 0.25, indicating improved financial health.
- The company experienced lower turnover in its water projects due to delays caused by heavy rainfall and other operational challenges.
- There was a reduction in profitability in Q2 FY25 compared to the same quarter last year, primarily due to lower turnover in certain projects.
- NCC Ltd (BOM:500294) faced delays in receiving approvals and permissions for some projects, impacting project timelines.
- The company's working capital days increased, indicating potential inefficiencies in managing receivables and payables.
- Despite a strong order book, the conversion of L1 projects into formal contracts remains uncertain, which could impact future revenue realization.
Ladies and gentlemen, good day. And welcome to the NCC Limited Q2 Y 25 earnings conference call hosted by JM Financial.
As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes.
Should you need assistance during this conference? Please signal an operator by pressing star and then zero on your touchtone phone.
Please note that this conference is being recorded.
I now hand the conference over to Vaibhav Shah from JM Financial.
Thank you and over to you, sir.
Yeah. Thank you Noman. On behalf of GM Financial.
I welcome everybody to, to Q.
Si 25 a conference call of Limited have from the management.
Today, Mr. A S N Raju director project, Sanjay Pusarla, Executive Vice President, Finance and Accounts and we Neerad Sharma head strategy and investor relations. Now I hand over the call to the management for the opening remarks and then we can have a
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
