Muted Q4FY18 numbers from NBCC

NBCC's consolidated revenue for the quarter came in at Rs. 2,546 crore, registering 3.4 per cent yoy decline. This was due to absence of real estate revenue in the quarter as against Rs. 104 crore in the corresponding quarter of last year.

EBITDA for the quarter fell by 9 per cent yoy to Rs. 191.5 crore with a corresponding margin contraction of 47 bps. EBITDA margin for the quarter stood at 7.5 per cent.

The PAT for the quarter came in at Rs. 150.41 crore, yoy decline of 9.7 per cent.

Looking at full year number, revenue for FY18 declined 6.5 per cent yoy to Rs. 6,942 crore. EBITDA for the fiscal year rose marginally by 4.4 per cent yoy to Rs. 422 crore with corresponding margin expansion of 60 bps to 6.1 per cent. Net profit during the period surge almost 14.3 per cent yoy to Rs. 372 crore.

The company's board of directors have recommended a final Dividend of Re. 0.56 per equity share of FV Rs. 1/- each for the FY 18. This is subject to the approval of shareholders of the company