Dividend Dhamaka! Multibagger NCC Announces 110% Dividend, Shares Surge 20% In 3 Months; How To Get Eligible?

NCC Dividend: Mid-cap construction company, NCC, announced a 110% dividend, along with fourth quarter results, for the financial year 2024-25. The company had reported a 6% year-on-year increase in its net profit to Rs 253.82 crore during Q4FY25 against Rs 239.16 crore reported during the year ago period.

NCC shares remained under pressure on Friday and closed 1.13% lower at Rs 226.7 per share on BSE. Its market capitalisation stood at Rs 14233.28 crore. The company scrip touched an intraday low mark of Rs 221.10 per share on BSE today. NCC stock's value has increased nearly 20.81% in three months.

NCC Dividend

NCC's board of directors had approved a dividend of Rs 2.2 per equity share with a face value of Rs 2 each. The company is yet to announce the dividend record date to identify the eligibility of shareholders for dividend payout.

"The Board of Directors at the meeting has recommended Dividend of Rs. 2.20 (110 %) per Equity Share of the face value of Rs.2/- each, for the Financial Y ear 2024-25 for the consideration and approval of the Members at the ensuing Annual General Meeting," noted NCC in its BSE filing on Thursday.

In addition to announcing dividend and company results, construction firm had also confirmed the appoinment of M/s Ravi & Subramanyam, Company Secretaries as Secretarial Auditors for a term of five consecutive years commencing from FY. 2025-26.

NCC Dividend: How To Become Eligible?

To become eligible for NCC dividend, it is important for investors to own company shares on or before the record date, which is yet to be finalised by the company. Record date is fixed by a company to identify the eligibility of shareholders for corporate actions like dividend payment, stock split, bonus issue, etc.

NCC Q4 Result

NCC's net consolidated profit (attributable to the company's shareholders) increased by 6% to Rs 253.42 crore against Rs 239.16 crore reported during the same period during previous financial year. Its consolidated revenue from operations stood at Rs 6,130.88 crore, 5.48% down from Rs 6484.88 crore during the year ago period.
Its profit before tax stood at Rs 357.16 crore during the quarter under review, which was 2.53% higher than Rs 358.09 crore posted in corresponding quarter previous year.
Its EBITDA stood at Rs 556 crore in the fourth quarter, which was marginally higher than the corresponding quarter. Revenue from construction stood at Rs 6092.45 crore and revenue from real estate declined 73.6% to Rs 38.43 crore.
NCC bagged orders worth Rs 32,888 crore and the order book stood at Rs 71,568 crore (consolidated).

NCC Share Price Trend

The company scrip ended lower at Rs 226.7 per share on BSE on Friday. The stock hit 52-week high mark of Rs 364.50 per share on 31 July, 2024. Whereas, the company scrip plunged to its 52-week low mark of Rs 169.95 per share on BSE on 3 March, 2025.
NCC is an infrastructure sector company, which is primarily engaged in the construction of industrial and commercial buildings. It also caters with housing project, roads, bridges and flyovers, water supply and environment projects, etc.