infrastructure

NBCC (India)

NBCC · Nifty 50

₹112.83

Price 2026-06-17

BROAD EXPANSION73% confidence

At a Glance

Sector Positioninfrastructure sector. Flow: neutral. is not among current leaders. Regime: BROAD EXPANSION (73%).

Fundamental Score80/100 (STRONG). 2 positive flags, 2 concerns.

Historical Context38 similar technical setups. Average outcome: -11.8% decline. 0% positive.

Fundamental

80/100

STRONG

Trust

95/100

Verification

Coverage

44/100

LIMITED

Quick Take

NBCC (India) scores 80/100 on fundamentals (strong). NBCC (India): BROAD EXPANSION regime.

Fundamental Score: 80/100 · STRONG · 2 signals detected

DuPont Analysis

ROE 23.9% broken into three drivers. Each shows how efficiently the company generates returns.

ROE23.9%=

5.6%Net Margin

0.8xTurnover

5.4xLeverage

ROE of 23.87% is strong leverage-driven and stable. Net margin of 5.6% × asset turnover of 0.79x × leverage of 5.4x. High leverage amplifies returns but increases risk.

What This Means

Net margin of 5.6% means the company keeps ₹5.6 as profit for every ₹100 of revenue. This is a moderate-margin business. Asset turnover of 0.79x means the company efficiently uses its assets to generate revenue. Leverage of 5.4x means the company uses significant debt. Higher leverage amplifies returns but also risk.

Margin Structure

Gross

9.8%

Operating

7.7%

Net

5.6%

declining

Gross margin 9.8% → operating margin 7.7% → net margin 5.6%. Margins are DECLINING. Check if input costs are rising or competition is pressuring pricing.

Financial Health

Earnings Quality

WEAK

Cash flow only covers 0.6x of net income — earnings quality is WEAK. Profit may not be converting to cash. Check receivables and inventory.

Debt Sustainability

COMFORTABLE

Interest covered 29072.0x — very comfortable. Debt service is not a concern.

Free Cash Flow

STRONG

FCF margin at 3.1% — moderate. Generating cash after investments.

Peer Comparison

NBCC (India) is compared against 10 peers in the infrastructure sector.

ADANIPORTS AFCONS CONCOR DELHIVERY GESHIP GMRAIRPORT IRCON KEC KPIL LT

Key Watchpoints

🟢

Breaks above ₹118 (+5%)

Trend reversal confirmation

🔴

Breaks below ₹107 (-5%)

Further downside risk

🟢

Infrastructure sector entering leadership

Sector rotation signal

Detected Patterns

✅ Cash Flow Inflection: FCF turned positive after negative periods — major transition

⚠️ Low Earnings Quality: Cash flow only 0.6x earnings — weak cash conversion

Risk Flags

⚠️ 2 Warning✅ 2 Positive4 total flags

⚠️Cash covers 27% of current liabilities

Balance Sheet

Tight liquidity. Monitor cash position and access to credit lines.

⚠️Working capital changes are 38% of operating cash flow

Cash Flow

Working capital is providing significant cash. Stretching payables — temporary boost.

✅Receivables decreasing — 17.1% of revenue

Cash Flow

Collection cycle changing. Collection improving — positive for cash flow.

✅High promoter holding: 62%

Governance

Strong insider alignment. Promoters have significant skin in the game.

➡️ 4 flags — 2 positive, 2 warning. Mixed profile.

Data Quality

95/100All ratios self-computed from verified sources. 🟢 5 years of financial data — sufficient for trend analysis

News Correlation

margin pressure (4)management outlook (4)

✅ Our margin analysis (declining) matches news reports of cost/margin pressure

50 articles scanned for fundamental themes

Facts

P/E Ratio

39.4UNAVAILABLE

P/B Ratio

9.5HIGH

Market Cap

₹2839320.0L CrHIGH

From 52W High

90% of high

Sector Peers

← All Stocks Market GPS Daily Brief infrastructure Sector