NCC Limited has officially announced the receipt of a new order in February 2026, valued at ₹326.06 Crore (excluding GST). This contract is specifically assigned to the company’s Water Division, reinforcing its presence in critical utility infrastructure. The company confirmed that this project was secured in the normal course of business and does not involve any internal orders or related party transactions with its promoters or group companies.
The company continues to maintain a strong momentum in order inflows throughout 2025 and early 2026. In December 2025 alone, NCC Limited secured four major orders totaling ₹1,237.24 Crore across its Buildings and Transportation divisions. These consistent wins have bolstered the company’s order book, which stood at a robust ₹71,957 Crore as of September 30, 2025, representing a 37% year-on-year growth. This massive pipeline provides high revenue visibility, even as the company navigates execution challenges such as prolonged monsoons that affected operations earlier in the fiscal year.
NCC Limited is a premier Indian infrastructure conglomerate with over 45 years of experience in executing turnkey EPC contracts and Public-Private Partnership (PPP) projects. The company operates across diverse segments including Buildings, Transportation, Water & Environment, Electrical Transmission, Irrigation, Mining, and Railways. In 2025, NCC significantly expanded its portfolio by entering the smart meter segment with projects worth ₹8,080 Crore. Additionally, the company recently received NCLT approval in January 2026 to merge with its wholly-owned subsidiary, NCC Infrastructure Holdings Limited, a move aimed at simplifying corporate structure and enhancing operational efficiency.
In the latest reported quarterly results for Q3 FY2025-26 (ending December 31, 2025), NCC Limited recorded a revenue of ₹4,902.26 Crore, which marked a 9.1% decline compared to the same period in the previous year. Net profit for the quarter also saw a contraction, falling 36.6% YoY to ₹122.46 Crore. Despite these fluctuations, the company has attracted significant interest from prominent investors; Rekha Jhunjhunwala remains a major stakeholder, holding approximately 10.63% of the company as of late 2025. Other key institutional investors include the ICICI Prudential Infrastructure Fund, which holds nearly 6% of the equity, reflecting continued confidence in NCC’s long-term infrastructure capabilities.
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