Analysts/Institutional Investor Meet/Con. Call Updates

Ref. No.: NCCL/ Presentation/Sept-2026-27 Date : November 5, 2026 National Stock Exchange of India Ltd BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra – Kurla Complex Dalal Street, Bandra (E) Fort Mumbai - 400 051 Mumbai – 400 001 Symbol: NCC Code: 500294 Dear Sir(s), Sub: Presentation for Analyst/ Investor Conference call on the Unaudited Financial Results for the Quarter and Half year ended September 30, 2026. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and with reference to our letter dated October 29, 2026, please find enclosed presentation for the Analyst/ Investor Conference call, on the Unaudited Financial Results for the Quarter and Half year ended September 30, 2026 scheduled to be held on Friday, November 6, 2026 at 11.30 AM (IST). The presentation is being uploaded on the website of the Company at https://www.ncclimited.com/analyst-column.html We request you to please take the same on record. Thanking you, Yours sincerely, For NCC Limited A Karthik Company Secretary Encl: as above NCC Limited CIN: L72200TG1990PLC011146 NCC House, Madhapur, Hyderabad 500 081 T +91 40 2326 8888 F +91 40 23125555 ncclimited.com Email: ho.secr@nccltd.in I N V E S T O R P R E S E N T A T I O N Q2 & H1 FY2027 5 November 2026 NSE: NCC | BSE: 500294 | investors@nccltd.in KUSUMI RESERVOIR, BHUBANESWAR DISCLAIMER Safe Harbor Statement This presentation includes forward-looking statements relating to the business outlook, financial performance, growth strategy, and future initiatives of NCC Limited (“the Company”). These statements are based on management’s current expectations and assumptions and are subject to various known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those anticipated. Such factors include macroeconomic and market conditions, regulatory and policy developments, execution risks including delays and cost overruns, fluctuations in input costs, talent availability, interest rate movements, geopolitical dynamics, and evolving environmental, social, and governance (ESG) priorities. The Company does not undertake any obligation to revise or update these statements considering future events or developments, except as required by applicable law. This document is provided solely for informational purposes and does not constitute an offer, invitation, or recommendation to purchase or sell any securities. It should not be construed as investment, legal, or tax advice. Viewers are advised to conduct their own analysis and consult professional advisors before making investment decisions. While the Company has taken reasonable care to ensure the accuracy and completeness of the information presented, no representation or warranty is made in this regard. Past performance is not indicative of future results. NCC LIMITED · Q2 & H1 FY2027 INVESTOR PRESENTATION 2 Q 2 & H 1 F Y 2 0 2 7 Contents 01 02 03 04 05 Company Overview Financial Balance Sheet, Order Book & Significant Updates Performance Cash Flow & Capital Growth Engines & Commentary At a glance · Verticals · Key financials · P&L · Balance sheet · Cash flow · Order book walk · Division H1 against FY27 guidance · Infrastructure build-out · Revenue mix · Quarterly and Working capital · Debt · mix · Pachhwara · NCC Management commentary Where NCC fits five-year trends Earnings quality Urban · Smart metering 4 7 17 24 30 SLIDE SLIDE SLIDE SLIDE SLIDE SEC T I O N 0 1 Company Overview Who we are, the projects we build and the national programmes we serve IIT PATNA 01 | COMPANY OVERVIEW FY26 · ORDER BOOK AS AT 30-SEP-26 NCC at a Glance 48+ years of execution excellence with a diversified portfolio and pan-India presence 1978 7 12,371 ₹20,823 Cr ₹31,884 Cr ₹80,167 Cr Established Business verticals Employees FY26 Revenue FY26 Order Inflow Order Book Listed on NSE and BSE Buildings to mining with 19,117workers consolidated consolidated as at 30-Sep-26 at our sites PAN-INDIA PRESENCE LEGACY OF DELIVERY GROUP STRUCTURE NCC Limited Core EPC across seven business verticals 520+ 36,525+ km States & building projects of water pipelines KEY BUSINESSES BEYOND CORE EPC Pachhwara Coal Mining 186 51% Coal mining MDO · material subsidiary 3,50,000+ 35,000+ Project sites acres irrigated villages electrified NCC Quantum Technologies and locations 100% Smart-metering holding co. (two SPVs) Map for illustration; not to scale CREDIT RATINGS GMLR tunnel JV Tunnelling, Mumbai CareEdgeRatings CARE AA-; Stable NCC Urban Infrastructure Short term: CARE A1+ Residential real estate Reaffirmed 27 Aug 2026 NCC LIMITED · Q2 & H1 FY2027 INVESTOR PRESENTATION 5 • Hospitals & medical colleges (AIIMS) 01 BUILDINGS • Airports Business Verticals Healthcare, education and • Sports complexes housing • Housing projects • IT parks Diverse capabilities. End-to-end solutions. • Industrial & commercial buildings Nation-building impact. 02 TRANSPORTATION Mobility and regional connectivity 07 IRRIGATION • Access-controlled highways Farm water security and • Road EPC projects resilience • Air strips & related infrastructure • Dams & reservoirs • Metro rail • Canals • Tunnelling • Tunnels • Bridges & flyovers • Barrages, spillways & 03 WATER & ENVIRONMENT aqueducts Drinking water and sanitation 06 RAILWAYS Mass movement and logistics • Water supply projects SEVEN BUSINESS • Water & sewage treatment plants • Civil EPC VERTICALS • Distribution networks • Track laying • Underground drainage • Signalling & telecom • Lift irrigation schemes • Dedicated freight corridors • High-speed rail 04 ELECTRICAL (T&D) • Rolling stock & allied systems Transmission networks and grid 05 MINING connectivity Integrated mine development and • Transmission lines and substations operations • Project electrification • Mine developer-cum-operator (MDO) • System improvement projects • Overburden removal • Smart metering • Excavation & material transportation • Optical fibre & allied systems NCC LIMITED · Q2 & H1 FY2027 INVESTOR PRESENTATION 6 SEC T I O N 0 2 Financial Performance Q2 and H1 FY2027 results, standalone and consolidated, with quarterly and five-year trends METRO RAIL, NAGPUR 02 | FINANCIAL PERFORMANCE Q2 FY2027 · 30-SEP-26 · ₹ CRORE Key Financial Numbers Standalone REVENUE EBITDA ORDER BOOK ₹4,957 ₹417 ₹71,293 Cr Cr Cr ▲ 31% Y-o-Y 8.5% of Turnover ▲ 11% Y-o-Y PROFIT AFTER TAX NET DEBT EARNINGS PER SHARE ₹163 ₹2,293 ₹2.60 Cr Cr 3.3% of Revenue D/E: 0.32 x Per equity share NCC LIMITED · Q2 & H1 FY2027 INVESTOR PRESENTATION 8 02 | FINANCIAL PERFORMANCE Q2 FY2027 · 30-SEP-26 · ₹ CRORE Key Financial Numbers Consolidated REVENUE EBITDA ORDER BOOK ₹6,042 ₹528 ₹80,167 Cr Cr Cr ▲ 32% Y-o-Y 8.8% of Turnover ▲ 11% Y-o-Y PROFIT AFTER TAX* NET DEBT EARNINGS PER SHARE ₹184 ₹3,887 ₹2.93 Cr Cr 3.1% of Revenue D/E: 0.50 x Per equity share NCC LIMITED · Q2 & H1 FY2027 INVESTOR PRESENTATION *PAT – Attributable to shareholders of the company 9 02 | FINANCIAL PERFORMANCE Q2 & H1 FY2027 · ₹ CRORE Profit & Loss Standalone ₹ Crore Q2 FY26 Q1 FY27 Q2 FY27 Y-o-Y Q-o-Q H1 FY26 H1 FY27 Y-o-Y Revenue 3,775 4,952 4,957 31% 0% 8,205 9,909 21% EBITDA 277 442 417 50% -6% 672 860 28% EBITDA margin 7.45% 9.01% 8.48% 103 bps -53 bps 8.29% 8.74% 45 bps PAT 102 187 163 60% -13% 292 350 20% PAT margin 2.70% 3.78% 3.29% 59 bps -49 bps 3.56% 3.54% -2 bps REVENUE · FY26 VS FY27 EBITDA · FY26 VS FY27 PAT · FY26 VS FY27 HOW THE QUARTER READS FY26 FY27 FY26 FY27 FY26 FY27 Revenue up by 31%year-on-year; broadly flat on Q1. 860 350 9,909 EBITDA up by 50%; margin 8.48%, higher 8,205 672 year-on-year and lower thanQ1. PAT up by 60%year-on-year; lower thanQ1. 4,957 417 163 H1 revenue up by 21%and PAT up by 20%. 3,775 Q2 H1 Q2 H1 Q2 H1 NCC LIMITED · Q2 & H1 FY2027 INVESTOR PRESENTATION 10 02 | FINANCIAL PERFORMANCE Q2 & H1 FY2027 · ₹ CRORE Profit & Loss Consolidated ₹ Crore Q2 FY26 Q1 FY27 Q2 FY27 Y-o-Y Q-o-Q H1 FY26 H1 FY27 Y-o-Y Revenue 4,585 5,842 6,042 32% 3% 9, [Showing first 8,000 characters — download PDF for full document]