NCC Limited

1 Corporate PresentationAugust 2018 NCC LimitedCopyright 2017 NCC Limited 2 DISCLAIMERNo representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy,completeness or correctness of the information or opinions contained in this presentation. Such information and opinions arein all events not current after the date of this presentation. Certain statements made in this presentation may not be based onhistorical information or facts and may be "forward looking statements" based on the currently held beliefs and assumptions ofthe management of NCC, which are expressed in good faith and in their opinion reasonable, including those relating to NCC sgeneral business plans and strategy, its future financial condition and growth prospects and future developments in its industryand its competitive and regulatory statements involve known and unknown risks, uncertainties and other factors.

2 Which may cause the actualresults, financial condition, performance or achievements of NCC or industry results to differ materially from the results,financial condition, performance or achievements expressed or implied by such forward-looking statements, including futurechanges or developments in NCC s business, its competitive environment and political, economic, legal and social , past performance is not necessarily indicative of future results. Given these risks, uncertainties and other factors,viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements.

3 NCC disclaimsany obligation to update these forward-looking statements to reflect future events or presentation is for general information purposes only, without regard to any specific objectives, financial situations orinformational needs of any particular person. This presentation does notconstitute an offer or invitation to purchase orsubscribe for any securities of NCC by any person in any jurisdiction, including India and the United States. No part of itshould form the basis of or be relied upon in connection with any investmentdecision or any contract or commitment topurchase or subscribe for any securities.

4 NCC may alter, modify or otherwise change in any manner the content of thispresentation, without obligation to notify any person of such change or changes. This presentation shall not be copied ordisseminated in any presentation does not constitute an offer or invitation to purchase or subscribe for any securities in any jurisdiction,including the United States. No part of its should form the basis of or be relieduponinconnectionwithanyinvestmentd ecision or any contract or commitment to purchase or subscribe for any securities. None of our securities may be offered orsold in the United States without registration under the Securities Act of 1933, as amended, except pursuant to anexemption from registration there from.

5 This presentation is confidential and may not be copied or disseminated, in whole or inpart, and in any mannerCopyright 2017 NCC Limited 3 Table of ContentsPage Overview14 Business Verticals27315 Key Investment Highlights4 Company Strategy29 COMPANY OVERVIEWC opyright 2017 NCC Limited 5 OneofthelargestIndianconstructioncompani esintermsofrevenues Well diversified order bookwith presence across buildings & housing,roads, water & environment, irrigation, electrical, metals, mining andrailways Pan India presencewith offices across 13 cities in key states such asMaharashtra, Andhra Pradesh, Telangana, Karnataka, Gujarat, UttarPradesh,WestBengal,TamilNadu,etc.

6 Experienced Management and skilled workforcewhich includes 5,604employees (including 3,696 Technical), currently executing around 120activesitesatvariouslocations(AsonJun e30,2018) Order Book of INR 328 bnas on June 30, 2018. New orders of INR 42 bnreceiveduptoJune30,2018. ,2018 Keyprojectsexecuted:oAgraLucknowExpressw ays UttarPradeshoESIH ospitalandMedicalCollege,Gulbarga,Karnat akaoOuterringRoad,HyderabadGrowthCorrido r TelanganaoInfrastructuredevelopment,Mini stryofDefence ArunachalPradeshoWaterSupplyProject,Rajk ot Gujarat MajorinvestorshavingstakeintheCompany:oR ekhaandRakeshJhunjhunwalaoRelianceCapita lTrusteeoAdityaBirlaSunlifeoSundaramMutu alFundoUTIO verviewShareholding As on June 30, 2018 Company Snapshot (1/2) , NRIs and , NRIs andOCBsMFs/DIIsBodies CorpIndian PublicCopyright 2017 NCC Limited 6 Revenue contribution from Construction business of NCC (on standalone basis).

7 94% NCC International LLC, Oman & Nagarjuna Construction Co LLC, Dubai Construction 4% NCC Urban Real Estate & Others 2%Company Snapshot (2/2)NCCL Group Revenue As on Ltd (Standalone)Revenue Contribution 94%Subsidiary CompaniesRevenue Contribution 6%Group Business StructureKey Milestones201820172012200520021995199219 901978 Secured 1stMDO OrderNCC set up as partnership firmConverted into Public Limited CompanyInitial Public OfferingTurnover crosses INR 1 bnISO 9001:2000 certifiedTurnover crosses INR 10 Book crosses INR bnBUSINESS VERTICALSC opyright 2017 NCC Limited 8 Diversified operations across various divisions help mitigate business risksIrrigation Dams & Reservoirs Canals Tunnels Barrages.

8 Spillways and AqueductsRoads Highways Highway realignment and Bypass Carriageway widening and strengtheningWater & Environment Water supply projects Water treatment plants Distribution networks Underground drainages Lift irrigation schemesElectrical Transmission and distribution lines and sub stations Project electrification System Improvement ProjectsBuilding & Housing Industrial buildings Commercial buildings Housing projects IT Parks Shopping malls Sports complexes Hospitals Bridges, flyovers and elevated corridorsInternational Roads Buildings Water pipelinesOthers Power Oil & Gas Metals OthersMining Overburden removal Coal excavation MDOR ailways Track Laying Signaling and Communication Railway SidingOperating DivisionsCopyright 2017 NCC Limited 9 Building & HousingDetails of Major Projects CompletedProject NameLocationProject Cost(INR bn)

9 ESIC Hospital & Medical CollegeGulbarga, Development Works, Ministry of DefenceArunachal Hospital Bihar Gandhi Institute of Petroleum TechnologyUttar of Major Projects Under ExecutionProject NameLocationProject Cost(INR bn)Housing Projects (7) APTIDCO, 7 Locations inAP Project NBCC,New Authority of India, Lucknow Uttar Package 1 & InfratechServices, Noida( AIIMS Bathinda) Metro Rail Project UP Hsg& Devt. Board Uttar ClienteleOrder Book (As on June 30, 2018)Building & Housing, NameUttar Pradesh Housing & Development BoardAirport Authority of IndiaNagpur Metro Rail Corporation LimitedBangalore Metro Rail Corporation,Lucknow Development AuthorityIndian Institute of ManagementINR bnCopyright 2017 NCC Limited 10 Water & EnvironmentDetails of Major Projects CompletedProject NameLocationProject Cost(INR bn)

10 Water Supply Project SauniYojana Package Supply Project SauniYojna Package supply project supply project NameLocationProject Cost(INR bn)Water Supply Project Rangareddy, Supply Project SauniYojanaLink 4, Pkg6) Supply project Warn gal Supply project HMWSSB ClienteleOrder Book (As on June 30, 2018)Water & Environment, of Major Projects Under ExecutionClient NameGujarat Water Supply and Sewerage BoardHyderabad Metropolitan Water Supply and Sewerage BoardChennai Metropolitan Water Supply and Sewerage BoardGovtof Telangana Public Health Engineering Department,RajasthanPublic Works Departments, Government of West BengalINR bnCopyright 2017 NCC Limited 11 RoadsDetails of Major Projects CompletedProject NameLocationProject Cost(INR bn)Agra LucknowExpresswaysUttar ring Road Project packageII & NameLocationProject Cost(INR bn)