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Trades about 74% below its sector, cheaper than its peers on earnings.
Operating both within India and internationally, NCC Limited is a prominent construction company offering a diverse range of services. The firm specializes in erecting a variety of structures, from industrial and commercial buildings, housing developments, IT parks, and shopping malls, to sports complexes, hospitals, and major stadia. Its infrastructure projects encompass the construction of roads, highways, flyovers, and bridges. Beyond civil construction, NCC excels in the power sector, undertaking the design, engineering, installation, testing, and commissioning of transmission lines, substations, and comprehensive utility distribution and electrification initiatives. The company's expertise also extends to railway projects, including freight corridors, railway sidings, and crucial port connectivity infrastructure. A significant portion of NCC's work involves water resource management. This includes developing water supply systems, treatment plants, distribution networks, and pumping stations, alongside river intake works, electromechanical installations, and underground drainage. They also implement lift irrigation schemes, sewage pumping and treatment facilities, and summer storage tanks. Furthermore, NCC is a key player in large-scale hydraulic structures, constructing dams, reservoirs, canals, tunnels, hydroelectric power projects, barrages, spillways, and aqueducts. In addition to its core construction activities, NCC provides Engineering, Procurement, and Construction (EPC) services for power and metal industry projects. The company also functions as a mine developer-cum-operator, responsible for overburden removal and the extraction of various minerals, including coal and lignite, from open-cast mines. Originally founded in Hyderabad, India, in 1978 as Nagarjuna Construction Company Limited, the company rebranded to NCC Limited in March 2011.
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