Nacdac Infra. Q2 FY26 Earnings Analysis

Published 14 Aug 2026 | Construction | Market Cap: ₹27 Cr

Price

23.5

Market Cap

₹27 Cr

P/E Ratio

6.1

Revenue Rank

Rank 2

Margin Rank

Rank 3

Earnings Summary

NACDAC Infrastructure targets significant revenue growth for FY26, aiming to increase from around Rs. NACDAC Infrastructure targets revenue growth from approximately Rs.

📊 Revenue & Sales Performance

Rank 2
  • NACDAC Infrastructure targets significant revenue growth for FY26, aiming to increase from around Rs. 50 crores last year to between Rs. 65-70 crores.
  • The company expects the positive trend in total income and net profit to continue, driven by a strong order book and ongoing project executions.
  • Current order book stands at approximately Rs. 92-95 crores, with 75%-76% from government projects and the rest from private sector.
  • Expansion plans include bidding in new states like Rajasthan and Madhya Pradesh, alongside existing operations in Uttar Pradesh, Uttarakhand, Delhi, Haryana, and Bihar.
  • The company is focused on completing projects ahead of schedule to boost revenues and profits.
  • Continued investments in machinery and technology upgrades (around Rs. 1-1.5 crores planned) aim to improve operational efficiency and margins.
  • Overall, the company expects robust growth supported by increased bidding activity, diversified geography, and enhanced capacity.

📈 Profitability & Margins

Rank 3
  • NACDAC Infrastructure targets revenue growth from approximately Rs. 50 crores in FY25 to around Rs. 65-70 crores in FY26.
  • EBITDA margins currently around 8.3-8.4%, above the industry average of 7%, with plans to improve margins further through new machinery and modern techniques.
  • Net profit increased by 154% in H1 FY26, with continued strong profitability expected as the order book is robust (~Rs. 90-95 crores).
  • Operational efficiency to improve with full utilization of existing machinery and planned capital expenditure of Rs. 1-1.5 crores in machinery upgrades.
  • Growth driven by multi-state project execution, expansion into new geographies (e.g., Rajasthan, Madhya Pradesh), and a mix of government and private sector projects.
  • Focus on timely project completion to enhance revenue recognition and profitability.
  • No plans for immediate fundraising; working capital funded by IPO proceeds and short-term borrowings.

🏗️ Capital Expenditure Plans

Yes
  • NACDAC plans to invest around ₹1-1.5 crores in machinery and technology upgrades in the next 12 months.
  • The company is focused on purchasing modern building machineries in the coming year to stay updated with technology.
  • No additional fundraising such as FPO or IPO is planned for the near future; current funds and short-term borrowings are sufficient for working capital needs.
  • IPO funds have already been fully deployed primarily for working capital, enabling bidding on more projects and expansion.
  • Strategic priority includes expanding order book and completing projects ahead of schedule to improve profitability and shareholder value.

💰 Fundraising & Capital Structure

No
  • NACDAC Infrastructure Limited is **not planning any Follow-on Public Offering (FPO) or further equity fundraising** in the near future.
  • The company currently has **sufficient funds to manage new projects worth up to 100 crores** with existing resources.
  • Working capital needs are presently funded through a combination of **IPO proceeds and short-term borrowings**, which will likely continue in the same manner.
  • No plans for additional fundraising or capital expenditure beyond the current machinery investment of around 1-1.5 crores in the next 12 months.
  • The company has fully deployed 96% of IPO funds into working capital, enabling them to bid for and execute more projects efficiently.

📋 Order Book & Pipeline

Yes
  • Current order book stands at approximately Rs. 90-95 crores (as of late 2025).
  • Around 75%-76% of the order book is from the government sector, with the rest from the private sector.
  • The average project execution cycle is about 18 months.
  • Projects worth Rs. 150 crores are currently under evaluation, with results expected within 45 days.
  • The company has started bidding in new states like Rajasthan and Madhya Pradesh, expanding beyond existing operations in Uttar Pradesh, Uttarakhand, Delhi, Haryana, and Bihar.
  • Plans to target projects within a 250-300 kilometer radius including Madhya Pradesh, Haryana, Delhi, Uttarakhand, UP, and Rajasthan improving multi-state operations.
  • The company is focusing on bidding larger projects typically in the range of Rs. 20-37 crores rather than smaller ones.

Key Metrics

Revenue

Rank 2

Margin

Rank 3

Capex

Yes

Fundraise

No

Order Book

Yes

Frequently Asked Questions

What were Nacdac Infra. Q2 FY26 results?

NACDAC Infrastructure targets significant revenue growth for FY26, aiming to increase from around Rs. NACDAC Infrastructure targets revenue growth from approximately Rs.

What is Nacdac Infra. share price analysis?

Nacdac Infra. currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 6.1 with a market cap of ₹27 Cr. Investors should review the full earnings analysis for detailed insights.

Is Nacdac Infra. planning capital expenditure?

NACDAC plans to invest around ₹1-1.5 crores in machinery and technology upgrades in the next 12 months.

This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

What Nacdac Infra.'s management said in earlier quarters

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