NCC Limited Company Profile: Products, Promoters and Clients

NCC Limited Company 

NCC Limited, founded in 1978, is a major player in construction and infrastructure. The company focuses on turnkey EPC contracts and BOT projects through Public-Private Partnerships. It works on various projects, including roads, buildings, irrigation, water and environmental, electrical, metals, mining, and railways. NCC has essential investments in NCC Infrastructure Holdings Limited and NCC Urban Infrastructure and is expanding in real estate and energy. 

NCC is also growing internationally, with operations in the Middle East through subsidiaries in Muscat and Dubai. In FY24, the company entered the Smart Meter market, winning three major projects worth Rs 8,080 crore. Currently, it is testing these meters in Bihar and plans to expand to Maharashtra.

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Q1. What are NCC Limited's product and service offerings?

NCC Limited provides a wide range of infrastructure services across various sectors. In Building & Housing, it constructs industrial and commercial buildings, housing projects, IT parks, and metro systems. Its Roads division focuses on improvements to highways and carriageways. 

The Water & Environment sector delivers water supply projects and treatment plants, while Electrical services include transmission lines and substations. In Irrigation, NCC builds dams and canals. The company also operates internationally on roads and water pipelines and offers mining services like coal excavation. Additionally, NCC is involved in railways, including track laying and signaling, and projects in power, oil and gas, and metals.

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Q2. Who are the Promoters/Management of NCC Limited?

Mr. Hemant M. Nerurkar is the Independent Director and Chairman, bringing over 44 years of extensive experience in the steel and mining sectors, including his tenure as Managing Director for Tata Steel Ltd. in India and Southeast Asia. He is actively involved with several professional organizations, including the Indian Institute of Metals, INSDAG, and AIMA. Mr. Nerurkar holds a B.Tech in Metallurgy from Pune University.

Mr. Utpal Sheth is a Director with over 23 years of experience in financial investment and research. He is the CEO of Rare Enterprises, a proprietary asset management firm founded by Shri Rakesh Jhunjhunwala. Mr. Sheth is a qualified Cost Accountant (Grad. CWA) and a Chartered Financial Analyst (CFA), and he also holds a Diploma in Systems Management (DSM) from NIIT.

Mr. A.A.V. Ranga Raju serves as the Managing Director, bringing over 44 years of experience in construction, infrastructure development, and related fields. He joined the family business early in his career, shortly after completing his education, and has served as MD for over three decades, pivotal in driving the company's growth.

Q3. Who are the Clients of NCC Limited?

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Written By: Khush Kothari