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Market: Abu Dhabi Symbol: NMDCENR ISIN: AEE01456N241 Industry: Energy

Our Business

Over the span of 50 years, NMDC Energy (formerly NPCC) has forged an impressive legacy in the energy industry.

Who We Are

NMDC Energy, formerly known as the National Petroleum Construction Company (NPCC), was established in 1973. Together with it's subsidiaries, it provides engineering, procurement, and construction services to both offshore and onshore clients in the energy industry.

With its diverse skillset, state-of-the-art construction yards, and remarkable fleet, NMDC Energy delivers innovative and sustainable EPC solutions to major clients in the Arabian Gulf, South and South East Asia, and further afield.

NMDC Energy in Numbers

Key figures (AED m)
2022
2023
2024
Statement of comprehensive income
Sales revenue
5,382
7,941
14,440
Gross profit
643
1,145
1,797
Profit for the year
577
780
1,406
EBITDA
844
953
1,776
Statement of financial position
Total assets
9,574
13,020
16,535
Total equity
3,798
4,599
5,219
Total liabilities
5,776
8,422
11,316
Statement of Cash Flows
Net cash generated from operating activities
2,082
2,224
2,836
Net cash used in investing activities
(175)
(1,056)
(566)
Net cash used in financing activities
(802)
(349)
(1,137)
Cash and cash equivalents at end of the year
1,682
2,498
3,625
Key financial indicators
Gross profit margin (%)
11.9
14.4
12.4
EBITDA margin (%)
15.7
12.0
12.3
Return on assets (%)
6.0
6.0
8.5
Return on equity (%)
15.2
17.0
26.9
Debt to equity ratio
1.5
1.8
2.2