Whalesbook
Q4 mein hua kya? Profit upar-neeche, Revenue stable
Dekho, NCC Limited ne Q4 FY26 ke liye apna result announce kiya hai. Year-on-year dekha jaaye toh net profit 18.8% gir gaya, jo tha ₹253.82 crore ab ho gaya ₹206.02 crore. Revenue bhi almost same hi raha, bas 1.04% badha hai ₹6,253.96 crore tak. Lekin, agar pichhle quarter se compare karein toh profit mein toofani tezi aayi hai, 68.2% jump maarkar ₹206.02 crore ho gaya tha ₹122.46 crore se. Company ke liye ek achhi khabar ye bhi hai ki net debt kam hokar ₹17 billion ho gaya hai.
Order Book ka Mamla: Bhai Sahab, Full Hai!
NCC ki asli taakat uska order book hai! FY26 ke end tak, company ke paas ₹830 billion ka order backlog hai, jo ki almost unke pichhle 12 mahine ki revenue ka 4.8 guna hai. FY26 mein hi ₹319 billion ke naye orders mile hain, jisme ₹115 billion ka bada mining order bhi shamil hai. Overall, order book ki value 16% badhkar ₹83,004 crore ho gayi hai. Management keh raha hai ki bade projects par kaam tezi se chal raha hai.
Analyst ka Scene: "Buy Karo, Target ₹195"
Brokerage firm Prabhudas Lilladher ko NCC ka performance achha laga hai, khaas kar order book ko dekh kar. Unhone apna 'Buy' rating maintain kiya hai aur share ke liye target price ₹195 rakha hai. Unke hisaab se, stock mein abhi aur potential hai. Market mein bhi average target price ₹199.75 se ₹205.53 tak ja raha hai, matlab investors ko 20-39% tak ka fayda ho sakta hai.
Thoda Caution bhi Hai, Bhai!
Magar sab kuch itna bhi smooth nahi hai. Company ke management ne FY27 ke liye koi specific guidance nahi di hai, global uncertainties aur government spending cuts ka dar hai. Analysts ne bhi FY27 ke liye EPS estimate 8% kam kar diya hai. Pichhle ek saal mein stock 29% gir bhi chuka hai. Isliye thoda dhyan se chalna padega.
Infrastructure Sector Ka Future Bright Hai
Waise, India ka infrastructure sector bahut aage jaane wala hai. Government bhi ispar kaafi dhyan de rahi hai. Economy grow kar rahi hai, aur infrastructure mein 8-8.2% tak ki growth expect hai. Ye sab NCC jaise companies ke liye achha sign hai, bas unhe apne bade order book ko profit mein convert karna hoga.