Cash flow NBCC (India) Limited

Equities

NBCC

INE095N01031

Construction & Engineering

Market Closed - Bombay S.E. Other stock markets 03:58:40 06/09/2024 pm IST			5-day change	1st Jan Change
178.70 ^INR	-2.03%		-4.11%	+119.13%

02/09	NBCC Limited Receives Work Order from Oil India Limited and Indian Statistical Institute Delhi Centre, Delhi	CI
02/09	NBCC (India) Gets Board Nod for Issue of Bonus Shares	MT

6264979b.xyvftVtEF8pNyC3JaehSXqtxsGRVubxPT1qF9OIk0WQ.hh2Z4D0uZaF1sEH-BpskFPg64y4U3Y4pDiLqv4VgpzetBp30MRtcnwujbA

Published financial data: NBCC (INDIA) LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2019	2020	2021	2022	2023
Revenues	98.06B	80.28B	67.4B	75.75B	86.49B
Other Revenues, Total	588M	142M	237M	167M	130M
Total Revenues	98.65B	80.42B	67.64B	75.92B	86.62B
Cost of Goods Sold, Total	90.45B	74.93B	62.99B	70.89B	79.43B
Gross Profit	8.21B	5.49B	4.65B	5.02B	7.19B
Selling General & Admin Expenses, Total	3.34B	3.35B	3.12B	3.14B	3.37B
Provision for Bad Debts	129M	38.6M	135M	152M	402M
R&D Expenses	-	-	-	-	-
Depreciation & Amortization - (IS)	43.64M	65.03M	55.67M	45.71M	52.16M
Other Operating Expenses	1.4B	1.29B	451M	-27.59M	71.65M
Other Operating Expenses, Total	4.92B	4.75B	3.77B	3.31B	3.9B
Operating Income	3.29B	734M	882M	1.72B	3.29B
Interest Expense, Total	-12.93M	-70.02M	-139M	-65.96M	-21.14M
Interest And Investment Income	1.96B	1.88B	1.72B	1.85B	2.03B
Net Interest Expenses	1.95B	1.81B	1.58B	1.78B	2.01B
Income (Loss) On Equity Invest.	3.75M	54.17M	-1.98M	262K	9.88M
Currency Exchange Gains (Loss)	13.66M	-12.3M	340K	-16.7M	-24.83M
Other Non Operating Income (Expenses)	514M	331M	511M	415M	185M
EBT, Excl. Unusual Items	5.77B	2.91B	2.97B	3.9B	5.46B
Gain (Loss) On Sale Of Investments	0	-	-	466K	3.06M
Gain (Loss) On Sale Of Assets	1.95M	71.18M	21.41M	479K	-217K
Asset Writedown	-	-	-1.39M	-998M	-5.28M
Other Unusual Items	-80.85M	-14.54M	-118M	243M	-1.74B
EBT, Incl. Unusual Items	5.69B	2.97B	2.87B	3.15B	3.72B
Income Tax Expense	1.77B	1.97B	509M	768M	939M
Earnings From Continuing Operations	3.92B	999M	2.36B	2.38B	2.78B
Net Income to Company	3.92B	999M	2.36B	2.38B	2.78B
Minority Interest	-165M	-216M	-144M	-136M	-113M
Net Income - (IS)	3.75B	782M	2.22B	2.24B	2.67B
Net Income to Common Incl Extra Items	3.75B	782M	2.22B	2.24B	2.67B
Net Income to Common Excl. Extra Items	3.75B	782M	2.22B	2.24B	2.67B
Per Share Items
Net EPS - Basic	2.08	0.43	1.23	1.25	1.48
Basic EPS - Continuing Operations	2.08	0.43	1.23	1.25	1.48
Basic Weighted Average Shares Outstanding	1.8B	1.8B	1.8B	1.8B	1.8B
Net EPS - Diluted	2.08	0.43	1.23	1.25	1.48
Diluted EPS - Continuing Operations	2.08	0.43	1.23	1.25	1.48
Diluted Weighted Average Shares Outstanding	1.8B	1.8B	1.8B	1.8B	1.8B
Normalized Basic EPS	1.91	0.89	0.95	1.28	1.83
Normalized Diluted EPS	1.91	0.89	0.95	1.28	1.83
Dividend Per Share	0.65	0.14	0.47	0.5	0.54
Payout Ratio	30.75	164.02	15.1	39.56	34.37
Supplemental Items
EBITDA	3.33B	795M	934M	1.76B	3.34B
EBITA	3.29B	734M	882M	1.72B	3.29B
EBIT	3.29B	734M	882M	1.72B	3.29B
EBITDAR	3.37B	822M	960M	1.79B	3.36B
Total Revenues (As Reported)	102B	82.93B	70.12B	78.85B	89.61B
Effective Tax Rate - (Ratio)	31.16	66.39	17.72	24.4	25.25
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	2.2B	772M	638M	401M	988M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-451M	1.27B	73.19M	383M	-24.49M
Normalized Net Income	3.44B	1.61B	1.71B	2.3B	3.3B
Interest on Long-Term Debt	-	631K	445K	136K	211K
Non-Cash Pension Expense	107M	63.53M	71.44M	83.24M	71.01M
Supplemental Operating Expense Items
Advertising Expense	50.83M	23.98M	9.82M	10.75M	14.86M
Selling and Marketing Expenses	50.83M	23.98M	9.82M	10.75M	14.86M
General and Administrative Expenses	-	-	-	-	-
Research And Development Expense From Footnotes	33.36M	38.41M	-	2.61M	6.67M
Net Rental Expense, Total	33.04M	27.79M	26.83M	28.44M	23.12M
Imputed Operating Lease Interest Expense	-	-	5.61B	3.09B	860M
Imputed Operating Lease Depreciation	-	-	-5.58B	-3.06B	-837M
Maintenance & Repair Expenses, Total	79.56M	68.32M	83.89M	65.6M	57.8M

Fiscal Period: March	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	19.08B	19.49B	42.85B	44.36B	42.22B
Short Term Investments	6.05B	4.98B	12.87B	10.48B	7.72B
Trading Asset Securities, Total	-	-	-	-	19.4M
Total Cash And Short Term Investments	25.13B	24.46B	55.72B	54.84B	49.96B
Accounts Receivable, Total	26.93B	20.26B	22.92B	25.65B	24.44B
Other Receivables	269M	707M	473M	298M	206M
Total Receivables	27.2B	20.97B	23.39B	25.95B	24.64B
Inventory	18.33B	17.68B	16.94B	15.71B	14.08B
Prepaid Expenses	32.46M	33.68M	36.97M	112M	60.61M
Other Current Assets, Total	51.72B	53.15B	15.24B	19.25B	18.87B
Total Current Assets	122B	116B	111B	116B	108B
Gross Property Plant And Equipment	2.02B	1.92B	2.06B	1.95B	2.09B
Accumulated Depreciation	-223M	-281M	-323M	-356M	-398M
Net Property Plant And Equipment	1.8B	1.64B	1.74B	1.6B	1.7B
Long-term Investments	274M	705M	278M	307M	2.56B
Other Intangibles, Total	1.73M	1.41M	1.33M	1.7M	1.08M
Accounts Receivable Long-Term	-	-	-	-	-
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	5.07B	3.81B	3.74B	3.33B	3.35B
Other Long-Term Assets, Total	1.39B	2.93B	14.57B	13.34B	13.57B
Total Assets	131B	125B	132B	134B	129B
Liabilities
Accounts Payable, Total	42.36B	35.52B	32.65B	32.69B	34.97B
Accrued Expenses, Total	1.19B	1.16B	1.04B	1.07B	1.17B
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	-	3.67M	2.12M	1.97M	1.92M
Current Income Taxes Payable	2.06B	1.33B	1.99B	1.87B	2.55B
Unearned Revenue Current, Total	7.74B	7.28B	6.89B	6.78B	5.89B
Other Current Liabilities	59.78B	59.71B	66.76B	68.2B	58.54B
Total Current Liabilities	113B	105B	109B	111B	103B
Long-Term Leases	-	1.8M	3.02M	2.6M	2.61M
Pension & Other Post Retirement Benefits	559M	555M	659M	819M	843M
Other Non Current Liabilities	694M	3.75B	3.66B	3.62B	3.57B
Total Liabilities	114B	109B	114B	115B	108B
Common Stock, Total	1.8B	1.8B	1.8B	1.8B	1.8B
Retained Earnings	12.49B	11.86B	13.83B	15.28B	17.08B
Comprehensive Income and Other	794M	845M	744M	593M	560M
Total Common Equity	15.08B	14.5B	16.37B	17.68B	19.45B
Minority Interest	1.48B	1.56B	1.6B	1.7B	1.8B
Total Equity	16.57B	16.06B	17.97B	19.38B	21.24B
Total Liabilities And Equity	131B	125B	132B	134B	129B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.8B	1.8B	1.8B	1.8B	1.8B
ECS Total Common Shares Outstanding	1.8B	1.8B	1.8B	1.8B	1.8B
Book Value / Share	8.38	8.06	9.1	9.82	10.8
Tangible Book Value	15.08B	14.5B	16.37B	17.68B	19.44B
Tangible Book Value Per Share	8.38	8.06	9.09	9.82	10.8
Total Debt	0	5.47M	5.14M	4.57M	4.53M
Net Debt	-25.13B	-24.46B	-55.72B	-54.84B	-49.95B
Debt Equivalent of Unfunded Proj. Benefit Obligation	222M	269M	365M	350M	370M
Debt Equivalent Oper. Leases	264M	222M	215M	227M	185M
Minority Interest, Total (Incl. Fin. Div)	1.48B	1.56B	1.6B	1.7B	1.8B
Equity Method Investments, Total	163M	184M	181M	181M	191M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	856K	464K	464K	464K	291K
Inventories - Work In Process, Total	11.71B	11.18B	10.68B	9.18B	1.4B
Inventories - Finished Goods, Total	1.55M	1.55M	1.51M	1.51M	6.74B
Inventories - Others	6.68B	6.73B	6.74B	6.95B	6.27B
Land - (BS)	1.32B	993M	991M	970M	1.02B
Buildings, Total	343M	87.71M	82.75M	80.59M	80.59M
Machinery, Total	361M	364M	350M	404M	427M
Full Time Employees	1.85K	1.7K	1.5K	1.37K	1.36K
Accumulated Allowance for Doubtful Accounts (Supple)	3.32B	3.97B	4.14B	3.77B	3.23B
Order Backlog	-	710B	600B	465B	453B

Fiscal Period: March	2019	2020	2021	2022	2023
Net Income	3.75B	782M	2.22B	2.24B	2.67B
Depreciation & Amortization - CF	42.97M	64.68M	55.6M	45.53M	51.52M
Depreciation & Amortization, Total	42.97M	64.68M	55.6M	45.53M	51.52M
Amortization of Deferred Charges, Total - (CF)	673K	344K	79K	174K	633K
(Gain) Loss From Sale Of Asset	-1.95M	-71.18M	-20.1M	-479K	217K
(Gain) Loss on Sale of Investments - (CF)	144M	202M	37.34M	62.29M	97.96M
Asset Writedown & Restructuring Costs	12.28M	31.76M	-111M	-	5.28M
Provision for Credit Losses	-	8.4M	23.94M	13.28M	7.54M
Provision and Write-off of Bad Debts	741M	647M	270M	-377M	-504M
Other Operating Activities, Total	-1.58B	125M	-1.15B	-440M	470M
Change In Accounts Receivable	665M	4.62B	-2.71B	241M	388M
Change In Inventories	1.64B	475M	375M	296M	1.16B
Change In Accounts Payable	3.15B	-6.82B	-2.87B	48.5M	2.28B
Change In Income Taxes	-29.39M	-387M	-206M	971M	66.76M
Change In Deferred Taxes	-212M	341M	280M	-298M	303M
Change in Other Net Operating Assets	-1.95B	1.11B	8.1B	-2.01B	-11.4B
Cash from Operations	6.38B	1.13B	4.31B	799M	-4.4B
Capital Expenditure	-61.78M	-126M	-53.58M	-64.56M	-112M
Sale of Property, Plant, and Equipment	3.84M	259M	30.36M	3.16M	5.37M
Cash Acquisitions	-2.85B	-18.66M	-39.2M	-	-20M
Divestitures	-	111M	-	-	-
Investment in Marketable and Equity Securities, Total	-1.18B	-1.2B	114M	-1.48B	1.55B
Other Investing Activities, Total	2B	1.85B	1.73B	1.88B	1.96B
Cash from Investing	-2.09B	881M	1.78B	333M	3.39B
Long-Term Debt Repaid, Total	-	-6.42M	-4.14M	-2.47M	-2.64M
Total Debt Repaid	-	-6.42M	-4.14M	-2.47M	-2.64M
Common Dividends Paid	-1.15B	-1.28B	-335M	-888M	-916M
Common & Preferred Stock Dividends Paid	-1.15B	-1.28B	-335M	-888M	-916M
Other Financing Activities, Total	-344M	-308M	-66.22M	-56.78M	16.36M
Cash from Financing	-1.5B	-1.6B	-405M	-947M	-903M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	2.79B	413M	5.68B	185M	-1.92B
Supplemental Items
Cash Interest Paid	-	66.86M	66.22M	56.78M	14.75M
Cash Income Tax Paid (Refund)	1.61B	290M	160M	118M	82.23M
Levered Free Cash Flow	14.5B	-1.3B	3.69B	-3.1B	-2.14B
Unlevered Free Cash Flow	14.51B	-1.25B	3.78B	-3.06B	-2.13B
Change In Net Working Capital	-12.47B	1.65B	-3.23B	4.11B	4.12B
Net Debt Issued / Repaid	-	-6.42M	-4.14M	-2.47M	-2.64M

Fiscal Period: March	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.62	0.36	0.43	0.8	1.56
Return on Total Capital	10.61	2.81	3.24	5.74	10.11
Return On Equity %	20.2	6.12	13.88	12.72	13.69
Return on Common Equity	20.99	5.29	14.37	13.15	14.37
Margin Analysis
Gross Profit Margin %	8.32	6.82	6.87	6.62	8.3
SG&A Margin	3.39	4.17	4.62	4.13	3.89
EBITDA Margin %	3.38	0.99	1.38	2.32	3.85
EBITA Margin %	3.33	0.91	1.3	2.26	3.79
EBIT Margin %	3.33	0.91	1.3	2.26	3.79
Income From Continuing Operations Margin %	3.97	1.24	3.49	3.13	3.21
Net Income Margin %	3.8	0.97	3.28	2.95	3.08
Net Avail. For Common Margin %	3.8	0.97	3.28	2.95	3.08
Normalized Net Income Margin	3.49	2	2.53	3.03	3.81
Levered Free Cash Flow Margin	14.7	-1.61	5.46	-4.08	-2.47
Unlevered Free Cash Flow Margin	14.7	-1.56	5.59	-4.03	-2.46
Asset Turnover
Asset Turnover	0.78	0.63	0.53	0.57	0.66
Fixed Assets Turnover	64.09	46.8	40.11	45.53	52.6
Receivables Turnover (Average Receivables)