NCC - Robust Order Backlog Provides Strong Revenue Visibility: HDFC Securities

NCC Ltd. has well-diversified order book, robust execution capabilities, strong focus on debt reduction and improvement of working capital.

Segment diversity across building, mining, railways, electrical, water and environment is one of the key differentiators at NCC.

Management expects order inflows to gain momentum given strong emphasis in affordable housing, Jal Jeevan mission etc..