NBCC India Shines with 25% Rise in Q4 Profit: Is it a Multibagger Stock?
NBCC India's Q4 profit surges 25% to Rs 141.5 crore
Nbcc IndiaMultibagger StockQ4 EarningsStock Market NewsPsu StocksReal EstateMay 29, 2024
The Navratna PSU stock ended 4.31% lower at Rs 138.80 in the previous session, with a market capitalization of Rs 24,984 crore. Shares of NBCC have zoomed 231.26% in a year and gained 69.70% in 2024. However, the multibagger stock saw high volatility with a beta of 1.3 in the last one year.
At the operating level, EBITDA climbed to Rs 240.2 crore in the fourth quarter of the last fiscal over Rs 104.5 crore in the fourth quarter of FY23. The EBITDA margin stood at 6% in the reporting quarter against 3.7% in the corresponding period in the previous fiscal. EBITDA is earnings before interest, tax, depreciation, and amortization.
In the last fiscal, net profit climbed to Rs 401.55 crore from Rs 266.66 crore in the preceding year. Income from operations climbed to Rs 10,432.63 crore in the last fiscal as against Rs 8876.36 crore in the 2022-23 fiscal.
The board of directors has recommended a final dividend of Rs 0.63 (0.63%) per paid-up equity share of Rs 1 each for the FY2023-24 subject to approval of shareholders in the ensuing annual general meeting. The final dividend if passed would be paid within 30 days of the AGM.
In terms of technicals, the relative strength index (RSI) of the NBCC stock stands at 51, signaling it's trading neither in the overbought nor in the oversold zone. NBCC shares are trading higher than the 5-day, 10-day, 20-day, 100-day, 150-day, and 200-day moving averages.
NBCC (India) Limited provides value-added services. The company operates through three segments: Project Management Consultancy (PMC), Real Estate Development, and Engineering Procurement and Construction (EPC). PMC segment is engaged in civil construction projects, infrastructure works for the national security, infrastructure projects for the civil sector, and project implementation for Pradhan Mantri Gram Sadak Yojna (PMGSY) and developmental work in Northeastern Region.
NBCC (India) Limited is a Navratna PSU (Public Sector Undertaking) that provides project management consultancy, real estate development, and engineering procurement and construction services.
Frequently Asked Questions
What is the net profit of NBCC India in Q4? A: Rs 141 5 crore Q: What is the revenue growth of NBCC India in Q4? A: 43% to Rs 4 025 crore Q: What is the EBITDA margin of NBCC India in Q4? A: 6% Q: What is the recommended final dividend of NBCC India for FY2023-24? A: Rs 0 63 (0 63%) per paid-up equity share of Rs 1 each Q: What is the relative strength index (RSI) of the NBCC stock? A: 51
Answer not available
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