CCCLNSEConsolidated Construction Consortium Limited· ConstructionHighNeutral
Announced Tue, 28 Apr · 18:41 IST

Consolidated Construction Consortium Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Qualified OpinionNegative Operating CashflowExceptional ItemContingent Liabilities IncreasedResults View source PDF

CCCL · price

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Price reaction · full curve 14 horizons · vs prior close
-7.4%1-day move
₹17.49
prior close
₹17.98
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AI summary

CCCL reported consolidated revenue of Rs 2,947 crore for FY26, up 62% from Rs 1,820 crore in FY25, driven by strong order execution. However, profit after tax declined 27.5% to Rs 63.5 crore from Rs 87.6 crore, despite an exceptional gain of Rs 73.9 crore from sale of investments in CCCL Infrastructure Limited. The company posted a loss of Rs 2 crore in Q4 standalone operations. Operating cash flow turned deeply negative at Rs -97.7 crore for FY26 compared to Rs 155.5 crore positive in FY25, raising concerns about cash generation. The statutory auditors (ASA & Associates LLP) issued qualified opinions on both standalone and consolidated results due to unreconciled balances, non-compliance with MSME Act, and unprovided interest/penalties on earlier statutory dues. The company has a pending order book of Rs 1,187 crore.

Likely market impact

The sharp revenue growth is offset by margin compression and negative operating cash flow, which raises red flags on financial health. The auditors' qualified opinion and uncertainty over contingent liabilities create additional risk for investors.