NCC earnings calls.

NCC Limited reported Q4 FY26 consolidated revenue of Rs 6,251Current reported value: 6,251. No comparable prior figure is available in the source record. crore (+1Current 1 crore vs previous available quarter -9 crore.% YoY), with full-year revenue declining 6% to Rs 20,944 crore. The company achieved its highest-ever order book of Rs 83,004 crore (16% YoY growth) with a book-to-bill ratio of ~4x, providing multi-year revenue visibility. EBITDA margin contracted to 8.83Current 8.8 crore vs previous available quarter 9 crore.% from 9.07% YoY due to input cost pressures, while PAT margin fell to 3.3% from 4.1%. Management declined to provide FY27 guidance citing macroeconomic uncertainty, indicating they would revisit after Q1 FY27. Net debt improved to Rs 1,667 crore with debt reduction of Rs 729 crore in Q4. Working capital stood at 97 days with trade receivables improving to 73 daysCurrent 73 days. Reported change: -14 days YoY.. JJM receivables declined significantly from Rs 1,700 crore to Rs 315 crore following Q4 collections. Capex for FY27 is guided at Rs 500 crore, down from Rs 912 crore in FY26. Key risks include input cost inflation not fully covered by escalation clauses (74% of contracts have escalation provisions) and potential supply chain disruptions affecting execution pace.