NCC gains after Q4 net profit spurts

The result was announced after market hours on Wednesday, 22 May 2013.

Meanwhile, the BSE Sensex was down 84.23 points, or 0.42%, to 19,978.01.

On BSE, 55,000 shares were traded in the counter as against an average daily volume of 2.01 lakh shares in the past one quarter.

The stock hit a high of Rs 36.45 and a low of Rs 34.85 so far during the day. The stock had hit a 52-week high of Rs 61.45 on 4 January 2013. The stock had hit a 52-week low of Rs 28.20 on 4 June 2012.

The stock had underperformed the market over the past one month till 22 May 2013, rising 2.54% compared with the Sensex's 4.66% rise. The scrip had also underperformed the market in past one quarter, falling 15.71% as against Sensex's 3.86% rise.

The small-cap company has an equity capital of Rs 51.31 crore. Face value per share is Rs 2.

NCC's consolidated earnings before interest, taxation, depreciation and amortization (EBITDA) surged 37.35% to Rs 239.25 crore in Q4 March 2013 over Q4 March 2012.

NCC's consolidated net profit rose 2.67% to Rs 56.38 crore on 4.54% growth in turnover to Rs 6968 crore in the year ended 31 March 2013 (FY 2013) over the year ended 31 March 2012 (FY 2012). EBITDA declined 8.34% to Rs 822.66 crore in FY 2013 over FY 2012.

NCC's total order book stood at Rs 18555 crore as of 31 March 2013.

NCC's board of directors at a meeting held on Wednesday, 22 May 2013, recommended dividend of 30 paise per share for FY 2013.

NCC's range of business verticals comprising of buildings & housing, transportation, water & environment, irrigation, power, electricals, metals, oil & gas and international business reflect an expertise positioned to capture every infrastructure upturn.

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