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NCC Q1 results today: What you should watch out for

Updated : August 09, 2019 09:17 AM IST

NCC will report its first-quarter earnings on Friday and analysts expect the company to report subdued results this time around.

  • The expectations are a bit sombre and in fact, if you look at the revenue, the street is expecting a tad bit of decline year-on-year and the EBITDA is expected to come down to around Rs 270 crore. That is because the margins are expected to dip by around 100 basis points.
  • The profit is also looking lower at Rs 97 crore.
  • The management has already indicated that for FY20, the revenue will remain flat year-on-year and that is why the street is not building up much. As it is they have a high base because last year they had shown growth of around 30 percent.
  • Apart from that even for margins, the management had guided it will continue to be in the band of 11-12 percent.
  • The street would watch out for the management commentary on the AP orders.
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