NCC Limited Q4 Results 2026 Preview: Date, Time, Expectations & Key Things To Watch

CompoundingAI Research Updated May 14, 2026 3 min read

NCC Limited faces a critical Q4 as it navigates ongoing execution headwinds and industry-wide payment delays in its infrastructure portfolio. Investors will be closely watching for updates on the company's legal challenge regarding the NHAI debarment order and the potential for a recovery in working capital efficiency.

Quick Details

Results date	May 15, 2026
Quarter	Q4
Previous quarter revenue	Rs. 4,900 Crore
Previous quarter PAT	Rs. 122 Crore
Previous quarter EBITDA margin	9%
Net debt (latest quarter)	Rs. 3,949 Crore
Market cap	Rs. 10199.34 Cr
CMP	Rs. 162.45

NCC Limited Q4 Results Date and Time

The board meeting is scheduled for May 15, 2026, to consider and approve audited financial results for the quarter and financial year ended March 31, 2026, and to consider dividend recommendation.

An analyst and investor conference call is scheduled for May 16, 2026, at 11:30 AM IST to discuss the Q4 FY26 results.

What to expect from NCC Limited's Q4 FY26 results

In its most recently reported quarter, NCC Limited posted revenue of Rs. 4,900 Crore, PAT of Rs. 122 Crore, and an EBITDA margin of 9%. The company continues to manage a record order book of Rs. 79,571 Crore, though execution remains sensitive to payment cycles from government clients, particularly within the Rs. 7,000 Crore Jal Jeevan Mission portfolio. Management has prioritized working capital management over rapid revenue growth, as net debt rose to Rs. 3,949 Crore in Q3 FY26. The upcoming results will focus on whether the 9% EBITDA margin can be sustained as the company addresses project-specific payment delays and legal developments regarding the NHAI debarment order.

Key Things To Watch

Performance vs Guidance Tracking

Order Inflow — Rs. 22,000-25,000 Crore for FY26 — WITHDRAWN
Revenue Growth — 10% YoY for FY26 — WITHDRAWN
EBITDA Margin — 9-9.25% for FY26 — ON WATCH

NHAI Debarment Resolution

Update on legal proceedings in Delhi and Telangana High Courts regarding the 2-year debarment order
Assessment of impact on ongoing projects in Uttar Pradesh

Working Capital and Debt

Progress on receivable collections for Jal Jeevan Mission projects
Strategy to reduce net debt from the Rs. 3,949 Crore reported in Q3

Strategic Capex and Execution

Status of Rs. 1,050 Crore revised FY26 capex budget
Progress on Rs. 280 Crore investment for smart meter projects

Frequently Asked Questions

When will NCC Limited announce Q4 FY 2025-2026 results?

NCC Limited is scheduled to announce its Q4 FY 2025-2026 results on May 15, 2026.

Will NCC Limited announce a dividend with these results?

The board of directors is scheduled to meet on May 15, 2026, to consider a dividend recommendation for the financial year.

What was NCC Limited's revenue in its previous quarter?

NCC Limited reported consolidated revenue of Rs. 4,900 Crore for the third quarter of FY 2025-2026.

What is the status of the NHAI debarment order affecting NCC?

The company has received interim protection from both the Delhi and Telangana High Courts, keeping the debarment order in abeyance until the next hearings. Management is currently contesting the order in court.

Is NCC on track with its previously stated guidance?

No, management withdrew its FY26 revenue and order inflow guidance in Q2 FY26 due to weather-related execution delays and elongated payment cycles. The EBITDA margin target remains under review.