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NCC vs Kalpataru Projects International: Share Price, Comparison and Key Differences

NCC MCap Rs 9,141 Cr, PE 12.21x, ROE 8.58%, Div 1.51%. Kalpataru Projects International MCap Rs 22,481 Cr, PE 21.81x, ROE 13.37%.


11 Aug 20261:30 pm

NCC vs Kalpataru Projects International: Share Price, Comparison and Key Differences

NCC vs Kalpataru Projects International is a comparison civil EPC investors look up when evaluating two listed Indian infrastructure and construction companies. NCC Limited (Nagarjuna Construction Company) is a Hyderabad-based civil EPC company executing roads, buildings, water, railways and power transmission projects across India. Kalpataru Projects International (formerly Kalpataru Power Transmission) is a Mumbai-based diversified EPC company executing power transmission, railways, buildings, oil and gas pipelines and logistics infrastructure projects in India and internationally.

This NCC vs Kalpataru Projects International article covers reach and market position, key products, latest declared results and stock valuation. The NCC vs Kalpataru Projects International data below is sourced from Groww and public company filings and reflects the most recently available information at the time of writing.

NCC vs Kalpataru Projects International: Reach and Market Position

On the NCC side of the NCC vs Kalpataru Projects International comparison, NCC executes civil engineering contracts in roads, metro rail, buildings, water and power transmission across India. Market capitalisation is Rs 9,141 Cr.

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On the Kalpataru Projects International side of the NCC vs Kalpataru Projects International comparison, Kalpataru Projects executes power transmission, railways, oil and gas, building and infrastructure EPC contracts in India and internationally. Market capitalisation is Rs 22,481 Cr.

NCC vs Kalpataru Projects International: Key Products and Business Mix

In the NCC vs Kalpataru Projects International product comparison, NCC offers: NCC earns from roads, buildings, water infrastructure and power transmission EPC contracts. EPS is Rs 11.92. PE is 12.21x, ROE 8.58 percent, D/E 0.44. Dividend yield is 1.51 percent.

For Kalpataru Projects International in this NCC vs Kalpataru Projects International breakdown: Kalpataru earns from T&D (transmission and distribution), railways, buildings and oil and gas pipeline EPC. EPS is Rs 60.35. PE is 21.81x, ROE 13.37 percent, D/E 0.46.

NCC vs Kalpataru Projects International: Latest Results

The NCC vs Kalpataru Projects International results for NCC: NCC has a market cap of Rs 9,141 Cr and PE of 12.21x. ROE is 8.58 percent. NCC is 2.5 times smaller than Kalpataru and significantly cheaper on PE.

The NCC vs Kalpataru Projects International results for Kalpataru Projects International: Kalpataru Projects has a market cap of Rs 22,481 Cr and PE of 21.81x. ROE is 13.37 percent. Kalpataru commands a premium over NCC for its international presence and diversified EPC portfolio.

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NCC vs Kalpataru Projects International: Stock and Valuation

The NCC vs Kalpataru Projects International stock comparison uses the latest available market data from Groww. Investors tracking NCC vs Kalpataru Projects International should verify current prices on NSE or BSE before trading.

NCC vs Kalpataru Projects at current valuations: NCC trades at Rs 9,141 Cr market cap, PE 12.21x, ROE 8.58 percent. Kalpataru trades at Rs 22,481 Cr market cap, PE 21.81x, ROE 13.37 percent. NCC is substantially cheaper on PE with lower ROE. Kalpataru commands a premium for its T&D expertise and international operations.

NCC vs Kalpataru Projects International: Quick Comparison Table

The NCC vs Kalpataru Projects International comparison table below summarises the key metrics covered in this article side by side.

Parameter NCC Kalpataru Projects International
Sector Roads, buildings, water, metro and power transmission EPC T&D power, railways, buildings, oil and gas EPC (India + international)
Market Cap Rs 9,141 Cr Rs 22,481 Cr
P/E Ratio 12.21x 21.81x
ROE 8.58% 13.37%
Debt to Equity 0.44 0.46
Dividend Yield 1.51% 0.84%
International Revenue Minimal Significant (Middle East, Africa)

Conclusion

The NCC vs Kalpataru Projects International comparison above covers the key data points on reach, products, results and valuation. NCC vs Kalpataru Projects International covers two mid-large civil EPC companies with overlapping but distinct market segments. NCC is a value-priced civil construction company with broad segment coverage. Kalpataru is a premium-priced diversified EPC company with power transmission leadership and international revenues. NCC vs Kalpataru investors should review order inflows, execution pace, working capital days and EBITDA margin trajectory. NCC vs Kalpataru Projects International represent contrasting EPC risk-return. Consult a SEBI-registered advisor for personalised guidance. NCC vs Kalpataru Projects International investors should also track Kalpataru's international order book from Middle East and African markets. NCC vs Kalpataru Projects International investors should also track Kalpataru's international order book from the Middle East and Africa.

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Disclaimer: Data and figures in this article are sourced from publicly available information, including company results filings and exchange data, and are current as of the time of writing. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions

What does NCC do?

Ans. NCC (Nagarjuna Construction Company) executes civil EPC contracts in roads, metro rail, buildings, water and sanitation, power transmission and railways. It is one of India's mid-large civil engineering contractors.

What does Kalpataru Projects do?

Ans. Kalpataru Projects International (formerly Kalpataru Power Transmission) executes EPC contracts in power transmission and distribution, railways, buildings and infrastructure, oil and gas pipelines. It has significant international operations in the Middle East, Africa and the Americas.

What is an EPC company?

Ans. An EPC company handles all three stages of project delivery: Engineering (design), Procurement (buying equipment and materials) and Construction (building the project). EPC companies earn margins on the full project value.

Which has a higher ROE, NCC or Kalpataru?

Ans. Kalpataru Projects has a higher ROE of 13.37 percent versus NCC's 8.58 percent, which also explains its higher PE multiple.

Does NCC pay dividends?

Ans. Yes. NCC pays a dividend yield of approximately 1.51 percent.

Are NCC and Kalpataru in Nifty 50?

Ans. Neither is in Nifty 50. Both are tracked in broader indices.

Which is larger, NCC or Kalpataru?

Ans. Kalpataru Projects at Rs 22,481 Cr is approximately 2.5 times larger than NCC at Rs 9,141 Cr.

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