NCC Limited Net Assets

Latest as of March 2026: Rs80.29 Billion INR ≈ $868.32 Million USD

NCC Limited net assets. Based on the latest financial reports, NCC Limited (NCC) has net assets worth Rs80.29 Billion INR (≈ $868.32 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs260.06 Billion ≈ $2.81 Billion USD) and total liabilities (Rs179.77 Billion ≈ $1.94 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore NCC Limited net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs80.29 Billion
% of Total Assets	30.87%
Annual Growth Rate	16.49%
5-Year Change	36.18%
10-Year Change	112.62%
Growth Volatility	39.81

Net Assets of NCC Limited (2005–2026)

Net assets of NCC Limited from 2005 to 2026. This chart illustrates how NCC Limited's net assets have evolved over time, based on quarterly financial data. See NCC Limited (NCC) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Net Assets for NCC Limited (2005–2026)

The table below shows the annual net assets of NCC Limited from 2005 to 2026. For live market cap and overall valuation, see NCC Limited market capitalisation.

Year	Net Assets	Change
2026-03-31	Rs80.29 Billion ≈ $868.32 Million	+7.02%
2025-03-31	Rs75.02 Billion ≈ $811.36 Million	+10.14%
2024-03-31	Rs68.12 Billion ≈ $736.68 Million	+5.03%
2023-03-31	Rs64.85 Billion ≈ $701.38 Million	+9.99%
2022-03-31	Rs58.96 Billion ≈ $637.65 Million	+7.80%
2021-03-31	Rs54.69 Billion ≈ $591.50 Million	+6.01%
2020-03-31	Rs51.59 Billion ≈ $557.96 Million	+5.89%
2019-03-31	Rs48.72 Billion ≈ $526.94 Million	+11.17%
2018-03-31	Rs43.83 Billion ≈ $473.98 Million	+16.06%
2017-03-31	Rs37.76 Billion ≈ $408.38 Million	-0.63%
2016-03-31	Rs38.00 Billion ≈ $410.95 Million	+2.07%
2015-03-31	Rs37.23 Billion ≈ $402.61 Million	+18.79%
2014-03-31	Rs31.34 Billion ≈ $338.92 Million	+10.14%
2013-03-31	Rs28.45 Billion ≈ $307.73 Million	-11.28%
2012-03-31	Rs32.07 Billion ≈ $346.83 Million	+16.71%
2011-03-31	Rs27.48 Billion ≈ $297.17 Million	+14.80%
2010-03-31	Rs23.94 Billion ≈ $258.85 Million	+33.15%
2009-03-31	Rs17.98 Billion ≈ $194.40 Million	+11.56%
2008-03-31	Rs16.11 Billion ≈ $174.26 Million	+49.99%
2007-03-31	Rs10.74 Billion ≈ $116.18 Million	+13.67%
2006-03-31	Rs9.45 Billion ≈ $102.20 Million	+190.35%
2005-03-31	Rs3.25 Billion ≈ $35.20 Million	--

Equity Component Analysis

This analysis shows how different components contribute to NCC Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 2129480000000.0% over the analyzed period, indicating profitable operations and earnings retention.

NCC Limited Net Assets Breakdown (March 2026)

NCC Limited net assets breakdown by equity component as of March 2026.

Component	Amount	Percentage
Retained Earnings	Rs21.29 Billion	27.06%
Common Stock	Rs1.26 Billion	1.60%
Other Components	Rs56.14 Billion	71.34%
Total Equity	Rs78.69 Billion	100.00%

NCC Limited Competitors by Market Cap

The table below lists competitors of NCC Limited ranked by their market capitalization.

Company	Market Cap
Republic Airways Holdings Inc NASDAQ:RJET	$810.45 Million
Zhejiang Great Southeast Co Ltd SHE:002263	$810.85 Million
Dexterra Group Inc TO:DXT	$810.98 Million
Beijing Oriental Jicheng Co Ltd SHE:002819	$811.08 Million
Grocery Outlet Holding Corp NASDAQ:GO	$810.18 Million
Zhejiang Damon Technology Co Ltd SHG:688360	$810.09 Million
PolyPeptide Group AG SW:PPGN	$810.06 Million
Shanghai Haohai Biological Tech Co SHG:688366	$809.93 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in NCC Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 73,237,100,000 to 78,689,500,000, a change of 5,452,400,000 (7.4%).
Net income of 6,753,200,000 contributed positively to equity growth.
Dividend payments of 1,381,300,000 reduced retained earnings.
Other comprehensive income decreased equity by 25,200,500,000.
Other factors increased equity by 25,281,000,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs6.75 Billion	+8.58%
Dividends Paid	Rs1.38 Billion	-1.76%
Other Comprehensive Income	Rs-25.20 Billion	-32.03%
Other Changes	Rs25.28 Billion	+32.13%
Total Change	Rs-	7.44%

Book Value vs Market Value Analysis

This analysis compares NCC Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.95x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 7.97x to 0.95x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs14.98	Rs119.34	x
2006-03-31	Rs33.14	Rs119.34	x
2007-03-31	Rs29.84	Rs119.34	x
2008-03-31	Rs43.33	Rs119.34	x
2009-03-31	Rs46.98	Rs119.34	x
2010-03-31	Rs57.69	Rs119.34	x
2011-03-31	Rs61.27	Rs119.34	x
2012-03-31	Rs64.86	Rs119.34	x
2013-03-31	Rs105.10	Rs119.34	x
2014-03-31	Rs63.32	Rs119.34	x
2015-03-31	Rs77.95	Rs119.34	x
2016-03-31	Rs63.19	Rs119.34	x
2017-03-31	Rs62.02	Rs119.34	x
2018-03-31	Rs72.49	Rs119.34	x
2019-03-31	Rs76.51	Rs119.34	x
2020-03-31	Rs81.46	Rs119.34	x
2021-03-31	Rs84.69	Rs119.34	x
2022-03-31	Rs91.24	Rs119.34	x
2023-03-31	Rs98.87	Rs119.34	x
2024-03-31	Rs105.75	Rs119.34	x
2025-03-31	Rs116.65	Rs119.34	x
2026-03-31	Rs125.38	Rs119.34	x

Capital Efficiency Dashboard

This dashboard shows how efficiently NCC Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 8.58%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.24%
• Asset Turnover: 0.80x
• Equity Multiplier: 3.30x
Recent ROE (8.58%) is above the historical average (7.72%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	17.52%	4.87%	1.29x	2.78x	Rs244.72 Million
2006	10.94%	5.62%	0.99x	1.96x	Rs88.91 Million
2007	9.49%	3.27%	0.89x	3.24x	Rs-51.85 Million
2008	10.82%	4.61%	0.68x	3.47x	Rs126.44 Million
2009	10.57%	3.81%	0.70x	3.94x	Rs99.04 Million
2010	12.14%	4.75%	0.69x	3.68x	Rs493.01 Million
2011	8.63%	3.56%	0.60x	4.08x	Rs-350.94 Million
2012	2.07%	0.84%	0.55x	4.44x	Rs-2.16 Billion
2013	2.09%	0.81%	0.62x	4.15x	Rs-2.13 Billion
2014	1.95%	0.57%	0.78x	4.40x	Rs-2.22 Billion
2015	1.58%	0.57%	0.76x	3.69x	Rs-2.86 Billion
2016	3.43%	1.26%	0.75x	3.62x	Rs-2.31 Billion
2017	0.92%	0.35%	0.81x	3.21x	Rs-3.13 Billion
2018	4.13%	2.01%	0.68x	3.04x	Rs-2.40 Billion
2019	12.59%	4.49%	0.88x	3.19x	Rs1.19 Billion
2020	6.86%	3.78%	0.64x	2.82x	Rs-1.54 Billion
2021	5.19%	3.38%	0.59x	2.62x	Rs-2.49 Billion
2022	8.61%	4.33%	0.77x	2.58x	Rs-778.64 Million
2023	9.88%	3.92%	0.94x	2.68x	Rs-74.83 Million
2024	10.70%	3.41%	1.15x	2.73x	Rs467.20 Million
2025	11.19%	3.69%	1.06x	2.87x	Rs875.09 Million
2026	8.58%	3.24%	0.80x	3.30x	Rs-1.12 Billion

Industry Comparison

This section compares NCC Limited's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $13,901,590,260
Average return on equity (ROE) among peers: -7.05%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
NCC Limited (NCC)	Rs80.29 Billion	17.52%	2.24x	$810.31 Million
A2Z Infra Engineering Limited (A2ZINFRA)	$9.30 Billion	-26.58%	2.02x	$24.89 Million
AFCONS INFRASTRUCTURE LTD (AFCONS)	$52.62 Billion	9.25%	2.25x	$846.08 Million
Akash Infra-Projects Limited (AKASH)	$699.56 Million	2.91%	0.90x	$4.43 Million
Ashoka Buildcon Limited (ASHOKA)	$17.27 Billion	5.64%	6.83x	$306.45 Million
AXISCADES Technologies Limited (AXISCADES)	$3.04 Billion	-7.14%	1.45x	$846.69 Million
Capacit'e Infraprojects Limited (CAPACITE)	$71.78 Million	-65.91%	6.52x	$139.24 Million
Consolidated Construction Consortium Limited (CCCL)	$-1.34 Billion	0.00%	0.00x	$49.57 Million
Ceigall India (CEIGALL)	$21.46 Billion	14.53%	1.57x	$739.36 Million
Dilip Buildcon Limited (DBL)	$35.50 Billion	-15.46%	3.60x	$671.62 Million
Dhruv Consultancy Services Limited (DHRUV)	$395.72 Million	12.22%	1.09x	$4.03 Million

About NCC Limited

NSE:NCC India Engineering & Construction

Market Cap

$810.31 Million

Rs74.93 Billion INR

Market Cap Rank

#9499 Global

#469 in India

Share Price

Rs119.34

Change (1 day)

+4.22%

52-Week Range

Rs114.51 - Rs205.72

All Time High

Rs355.49