CCCL - C C C L
📢 Recent Corporate Announcements
Consolidated Construction Consortium Limited (CCCL) has officially decided not to proceed with its previously announced preferential allotment of equity shares. The decision follows a board meeting on February 21, 2026, where directors reviewed a revised proposal that changed the investor identity from Mark A B Capital Investment LLC to Mark AB Capital Private Limited. The board's rejection of the allotment at this stage halts the planned capital infusion that was initially discussed in January 2026. The company maintains it will continue to look for other strategic value-accretive opportunities.
- Board of Directors voted against proceeding with the preferential allotment of equity shares at this stage.
- The proposed investor identity had recently shifted from Mark A B Capital Investment LLC to Mark AB Capital Private Limited.
- The board meeting concluded at 3:15 PM on February 21, 2026, after nearly six hours of deliberation.
- This cancellation follows a series of regulatory filings regarding the fundraise dating back to January 30, 2026.
Consolidated Construction Consortium Limited (CCCL) has addressed NSE's queries regarding the submission timing and format of its FY25 financial results. The company reported a consolidated net profit of ₹8,753.86 lakhs for the year ended March 31, 2025, which was significantly bolstered by an exceptional gain of ₹11,865.60 lakhs. However, auditors have issued a qualified opinion due to the non-receipt of a 'No Due Certificate' from ICICI Bank and a lack of balance confirmations for loans and creditors. Management expects to resolve the banking documentation within the next three months.
- Consolidated FY25 net profit of ₹8,753.86 lakhs was driven by an exceptional gain of ₹11,865.60 lakhs.
- Standalone turnover for the period stood at ₹25,445.42 lakhs with a net profit of ₹5,040.15 lakhs.
- Auditors issued a qualified opinion regarding the non-receipt of ICICI Bank 'No Due Certificate' under the IBC 12A scheme.
- Repetitive audit qualifications noted for non-confirmation of balances for loans, advances, and sundry creditors.
- Management estimates approximately 3 months to obtain the necessary Statement of Account from ICICI Bank.
Consolidated Construction Consortium Limited (CCCL) has responded to a clarification sought by the National Stock Exchange regarding its financial results for the quarter ended September 30, 2025. The exchange noted discrepancies in the XBRL filing, specifically related to the reporting of half-yearly figures. In response, the company has uploaded revised unaudited financial results for both standalone and consolidated entities to the NEAPS portal. This is a procedural correction to ensure data accuracy and compliance with SEBI (LODR) Regulations.
- NSE sought clarification regarding discrepancies in XBRL filings for the quarter ended Sept 30, 2025.
- The discrepancy involved incorrect half-yearly figures submitted in the digital XBRL format.
- CCCL has filed revised unaudited standalone and consolidated financial results to rectify the error.
- The company has requested the exchange to treat the matter as closed following the submission.
Consolidated Construction Consortium Limited (CCCL) has approved a preferential issue to raise approximately Rs 98.90 crore. The company will issue up to 4.30 crore equity shares at a price of Rs 23 per share, which includes a premium of Rs 21. The sole investor for this round is Mark AB Capital Private Limited, classified under the public category. This capital infusion is intended to strengthen the company's financial position and support its operational requirements.
- Proposed issuance of up to 4,30,00,000 equity shares at a face value of Rs 2 each
- Total fundraise amount aggregating up to Rs 98,90,00,000
- Issue price fixed at Rs 23 per share, representing a premium of Rs 21 per share
- Mark AB Capital Private Limited identified as the sole non-promoter investor
- Corrigendum issued to clarify the specific legal entity of the infusing investor
Consolidated Construction Consortium Limited (CCCL) has approved a significant fundraise of ₹98.90 Crores through a preferential issue of 4.3 crore equity shares to Mark A B Capital Investment LLP at ₹23 per share. On the earnings front, the company returned to profitability in Q3 FY26 with a standalone net profit of ₹3.52 Crores, compared to a loss of ₹0.43 Crores in the previous quarter. Revenue from operations grew 12.2% sequentially to ₹74.14 Crores. The company maintains a strong order book of ₹1,054.37 Crores, providing clear revenue visibility for the coming quarters.
- Approved preferential issue of 4,30,00,000 equity shares at ₹23 per share to raise ₹98.90 Crores.
- Standalone Q3 net profit stood at ₹3.52 Crores vs a loss of ₹0.43 Crores in Q2 FY26.
- Revenue from operations increased to ₹74.14 Crores from ₹66.06 Crores in the preceding quarter.
- Current order book (work on hand) is valued at ₹1,054.37 Crores as of December 31, 2025.
- Consolidated nine-month profit reached ₹65.54 Crores, significantly boosted by exceptional gains from subsidiary sales.
Consolidated Construction Consortium Limited (CCCL) has secured new domestic orders totaling Rs 222 Crore in January 2026. These orders pertain to the Heavy Civil Building and Buildings & Factories (B&F) verticals, covering approximately 18.12 Lakhs Sq Feet of construction. The projects are distributed across various sites in India and are scheduled for completion before the end of Financial Year 2027-2028. This influx of orders strengthens the company's order book and provides revenue visibility for the next two fiscal years.
- Total order value of Rs 222 Crore bagged from various domestic clients in January 2026
- Project scope involves construction of 18.12 Lakhs Sq Feet under B&F and M&E divisions
- Execution timeline set for completion before the end of Financial Year 2027-2028
- Contracts are BOQ (Bill of Quantities) based item rate contracts across Pan India locations
Consolidated Construction Consortium Limited (CCCL) has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by the company's Registrar and Share Transfer Agent, Kfin Technologies Limited, pertains to the quarter ended December 31, 2025. It confirms that all details regarding the dematerialization and rematerialization of securities have been correctly reported to the stock exchanges. This is a standard administrative filing required for all listed entities in India.
- Compliance certificate submitted for the quarter ended December 31, 2025
- Certificate issued by Registrar and Share Transfer Agent (RTA) Kfin Technologies Limited
- Confirms adherence to SEBI (Depositories and Participants) Regulations, 2018
- Verification of dematerialized and rematerialized securities completed for the period
Consolidated Construction Consortium Limited (CCCL) has officially notified the stock exchanges regarding the closure of its trading window starting January 1, 2026. This move is a mandatory compliance requirement under SEBI (Prohibition of Insider Trading) Regulations for the upcoming Q3 financial results ending December 31, 2025. The restriction applies to all designated persons and their immediate relatives. The trading window will remain closed until 48 hours after the board declares the unaudited financial results.
- Trading window closure begins on January 1, 2026, for all insiders and designated persons.
- The closure is in anticipation of the unaudited financial results for the quarter ending December 31, 2025.
- Trading will resume 48 hours after the financial results are filed with the stock exchanges.
- The specific date for the Board Meeting to approve Q3 results will be announced at a later date.
Consolidated Construction Consortium Limited (CCCL) has announced the acquisition of new orders totaling ₹108.97 Crores. These contracts were secured by the company's Buildings and Factories (B&F) Division during the period from October 25 to November 25, 2025. The projects primarily involve infrastructure works for Amrit Bharat stations in the Adra and Khurda railway divisions. This order win demonstrates the company's continued traction in the public infrastructure segment and bolsters its current order book.
- Secured new orders worth ₹108.97 Crores between October 25 and November 25, 2025
- The orders are concentrated in the Buildings and Factories (B&F) Division
- Project scope includes development work for Amrit Bharat stations in Adra and Khurda
- Announcement made via press release in Financial Express on December 16, 2025
Consolidated Construction Consortium Limited (CCCL) announced new orders under Heavy Civil Building and Buildings & Factories (B&F) vertical. The orders aggregate to ₹458.00 Cr. These are domestic orders for construction of buildings and factories spanning 11.00 Lakhs Sq Feet. The projects are expected to be executed before Financial Year 2028-29. Investors should monitor CCCL's ability to execute these orders efficiently.
- New orders worth ₹458.00 Cr
- Construction of Buildings and factories to the extent of 11.00 Lakhs Sq Feet
- Orders to be executed before Financial Year 2028-29
- Orders are domestic
Financial Performance
Revenue Growth by Segment
Total operating income grew 40.2% YoY from INR 127.01 Cr in FY2024 to INR 178.1 Cr in FY2025. Q1 FY2026 revenue reached INR 51.6 Cr, an 88.3% increase over Q1 FY2025 (INR 27.4 Cr). Growth is driven by healthy execution in the building segment across industrial, commercial, and residential projects.
Geographic Revenue Split
High geographic concentration with 99% of the order book and revenue generated from three states: Tamil Nadu, Karnataka, and Andhra Pradesh.
Profitability Margins
The company reported a PAT of INR 50.40 Cr in FY2025 (19.81% margin) compared to INR 665.67 Cr in FY2024; however, these figures are skewed by insolvency settlement adjustments. Operating margins remain weak due to high fixed expenses.
EBITDA Margin
EBITDA margin was -30.03% (INR -53.43 Cr) in FY2025, showing improvement from -526.88% (INR -668.89 Cr) in FY2024. The company remains operationally loss-making but expects to turn positive in the near term as scale increases.
Capital Expenditure
Planned capital expenditure of approximately INR 30.0 Cr in FY2026 to support increased scale of operations and project execution.
Credit Rating & Borrowing
The company is currently debt-free with an overall gearing of 0.00x as of March 31, 2025. Previous ratings of [ICRA]D were withdrawn following the settlement of INR 1,962.05 Cr in bank facilities and INR 50.0 Cr in NCDs.
Operational Drivers
Raw Materials
Key raw materials include steel, cement, sand, and other metals. These typically represent a significant portion of the EPC cost structure, though specific percentage breakdowns per material are not disclosed.
Import Sources
Sourced domestically within India, primarily from regional suppliers in South India (Tamil Nadu, Karnataka, Andhra Pradesh) to support localized project execution.
Key Suppliers
Not specifically named; the company utilizes a qualified vendor and subcontractor network alongside in-house engineering and planning teams.
Capacity Expansion
The company has executed over 900 projects totaling 150 million square feet. Current capacity is reflected in its order book of INR 611.15 Cr as of late 2025, which is 3.44x its FY2025 revenue.
Raw Material Costs
Profit margins are susceptible to raw material price fluctuations; however, risk is mitigated by price escalation clauses present in most contracts, allowing costs to be passed to customers with a lag.
Manufacturing Efficiency
Execution momentum is improving, with H1 FY2026 revenue reaching INR 74.12 Cr and projections to exceed INR 280 Cr for the full year FY2026.
Logistics & Distribution
Distribution is localized to project sites in Tamil Nadu, Karnataka, and Andhra Pradesh; costs are integrated into EPC contract pricing.
Strategic Growth
Expected Growth Rate
57%
Growth Strategy
Growth will be achieved through the execution of the INR 611.15 Cr order book, of which INR 282.06 Cr is slated for realization in FY2026. The strategy focuses on leveraging a 30-year track record to secure repeat orders from private sector clients in the building and infrastructure segments.
Products & Services
Integrated EPC and building contractor services including design, engineering, procurement, civil/structural works, and MEP (Mechanical, Electrical, Plumbing) interfaces for industrial, commercial, and residential projects.
Brand Portfolio
CCCL (Consolidated Construction Consortium Limited).
New Products/Services
Expansion into hospital infrastructure and specialized institutional segments within the existing EPC framework.
Market Expansion
Deepening penetration in the South Indian market, specifically targeting private sector industrial and commercial turnkey projects.
Market Share & Ranking
Modest scale of operations (INR 178.1 Cr revenue) within a highly fragmented and intensely competitive civil construction industry.
Strategic Alliances
Maintains a 40% interest in the joint venture Yuga Builders for residential development.
External Factors
Industry Trends
The civil construction industry is growing but remains fragmented. There is a trend toward integrated EPC models where contractors handle design-to-maintenance responsibilities.
Competitive Landscape
Intense competition from numerous regional and national players, which keeps operating margins under significant pressure.
Competitive Moat
Moat is based on a 30-year track record and established relationships with private clients, yielding repeat business. However, this is challenged by the low-barrier, tender-based nature of the industry.
Macro Economic Sensitivity
Highly sensitive to industrial capex cycles and private sector investment in real estate and infrastructure.
Consumer Behavior
Shift toward demand for integrated turnkey solutions in the industrial and institutional segments.
Geopolitical Risks
Minimal direct impact due to domestic focus, though global commodity price shifts (steel/oil) affect input costs.
Regulatory & Governance
Industry Regulations
Operations are governed by the Insolvency and Bankruptcy Code (IBC) settlement terms under Section 12A, which dictate specific financial obligations over a seven-year period.
Taxation Policy Impact
Not disclosed; however, the company reported a PAT of INR 50.40 Cr in FY2025 despite operating losses, suggesting significant tax or exceptional item impacts.
Legal Contingencies
Pending obligations include INR 80 Cr payable from future arbitration proceeds and INR 85.42 Cr earmarked for potential bank guarantee invocations. Auditors issued a disclaimer of opinion regarding the adequacy of internal financial controls for FY2025.
Risk Analysis
Key Uncertainties
The primary uncertainty is the ability to turn EBITDA positive (currently -30.03%) as scale increases to the projected INR 280 Cr+ level.
Geographic Concentration Risk
99% of the order book is concentrated in Tamil Nadu, Karnataka, and Andhra Pradesh, exposing the company to regional economic or weather-related downturns.
Third Party Dependencies
Significant reliance on a network of subcontractors and vendors for the execution of civil and MEP works.
Technology Obsolescence Risk
Low risk in core construction, but requires ongoing investment in modern project management and construction equipment (INR 30 Cr capex planned).
Credit & Counterparty Risk
90% exposure to private sector clients increases the risk of bad debts or delayed receivables compared to government-backed projects.