NBCC (India) Ltd
NBCC (India) Limited is a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs. The Co. operates in three major segments - Project Management Consultancy, Engineering Procurement & Construction, and Real Estate. [1]
- Market Cap ₹ 25,701 Cr.
- Current Price ₹ 95.2
- High / Low ₹ 140 / 70.8
- Stock P/E 50.8
- Book Value ₹ 8.28
- Dividend Yield 0.56 %
- ROCE 30.7 %
- ROE 23.0 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 41.4%
Cons
- Stock is trading at 11.5 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Miscellaneous
Part of Nifty CPSE BSE 500 BSE PSU BSE Capital Goods Nifty Smallcap 100
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3,229 | 4,040 | 4,396 | 5,812 | 6,279 | 5,905 | 7,245 | 5,210 | 4,947 | 5,547 | 6,736 | 8,051 | 8,572 | |
3,035 | 3,815 | 4,108 | 5,504 | 5,875 | 5,504 | 6,869 | 5,194 | 4,861 | 5,388 | 6,431 | 7,607 | 8,100 | |
Operating Profit | 194 | 225 | 288 | 309 | 404 | 401 | 376 | 17 | 87 | 159 | 305 | 444 | 472 |
OPM % | 6% | 6% | 7% | 5% | 6% | 7% | 5% | 0% | 2% | 3% | 5% | 6% | 6% |
110 | 133 | 147 | 101 | 89 | 106 | 187 | 235 | 173 | 88 | 15 | 18 | 117 | |
Interest | 1 | 24 | 41 | 3 | 2 | 2 | 2 | 8 | 12 | 8 | 5 | 3 | 0 |
Depreciation | 1 | 1 | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 |
Profit before tax | 302 | 334 | 391 | 404 | 488 | 503 | 558 | 241 | 244 | 237 | 312 | 456 | 587 |
Tax % | 31% | 26% | 29% | 29% | 28% | 34% | 31% | 67% | 17% | 23% | 26% | 25% | |
208 | 247 | 277 | 287 | 351 | 334 | 384 | 80 | 202 | 183 | 231 | 344 | 441 | |
EPS in Rs | 0.77 | 0.92 | 1.03 | 1.06 | 1.30 | 1.24 | 1.42 | 0.30 | 0.75 | 0.68 | 0.86 | 1.28 | 1.64 |
Dividend Payout % | 22% | 24% | 24% | 42% | 42% | 45% | 30% | 30% | 42% | 49% | 42% | 33% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 2% |
3 Years: | 18% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 4% |
3 Years: | 32% |
TTM: | 25% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 48% |
3 Years: | 57% |
1 Year: | 2% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 15% |
3 Years: | 19% |
Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 120 | 120 | 120 | 120 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | 180 |
Reserves | 831 | 1,007 | 1,204 | 1,405 | 1,494 | 1,641 | 1,385 | 1,344 | 1,512 | 1,595 | 1,735 | 1,959 | 2,055 |
0 | 0 | 0 | 12 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
2,778 | 3,064 | 3,420 | 3,898 | 4,843 | 5,829 | 6,740 | 6,265 | 6,667 | 6,761 | 6,320 | 6,330 | 5,942 | |
Total Liabilities | 3,729 | 4,191 | 4,744 | 5,435 | 6,523 | 7,650 | 8,305 | 7,789 | 8,358 | 8,536 | 8,234 | 8,469 | 8,178 |
24 | 23 | 26 | 62 | 65 | 64 | 74 | 60 | 58 | 57 | 65 | 68 | 70 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 8 | 9 |
Investments | 162 | 114 | 152 | 231 | 105 | 59 | 359 | 344 | 334 | 332 | 332 | 586 | 557 |
3,543 | 4,055 | 4,566 | 5,142 | 6,353 | 7,528 | 7,872 | 7,385 | 7,966 | 8,147 | 7,837 | 7,807 | 7,541 | |
Total Assets | 3,729 | 4,191 | 4,744 | 5,435 | 6,523 | 7,650 | 8,305 | 7,789 | 8,358 | 8,536 | 8,234 | 8,469 | 8,178 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
90 | -439 | -154 | 168 | 439 | 212 | 120 | 51 | 86 | 270 | -148 | 367 | |
99 | 818 | -5 | -30 | 145 | 174 | 153 | 319 | 245 | -44 | -229 | -486 | |
-49 | -53 | -70 | -85 | -208 | -184 | -127 | -131 | -31 | -90 | -88 | -97 | |
Net Cash Flow | 141 | 327 | -229 | 53 | 376 | 203 | 146 | 239 | 299 | 135 | -466 | -217 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 94 | 119 | 141 | 115 | 127 | 140 | 106 | 96 | 121 | 106 | 85 | 100 |
Inventory Days | 1,393 | |||||||||||
Days Payable | 1,807 | |||||||||||
Cash Conversion Cycle | -320 | 119 | 141 | 115 | 127 | 140 | 106 | 96 | 121 | 106 | 85 | 100 |
Working Capital Days | -86 | -20 | 6 | -0 | -11 | -9 | -38 | -139 | -153 | -146 | -107 | -51 |
ROCE % | 35% | 34% | 35% | 28% | 30% | 29% | 33% | 16% | 16% | 20% | 26% | 31% |
Documents
Announcements
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Intimation Of Work Order Received By NBCC In Normal Course Of Business, Amounting Rs. 95.66 Crore (Approx.)
8h - NBCC awarded Rs. 95.66 Cr renovation work at Sushma Swaraj Institute, New Delhi.
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Intimation Of Work Order Received By NBCC In Normal Course Of Business, Amounting Rs. 130.58 Crore (Approx.)
2d - NBCC awarded Rs.130.58 Cr township project by NEEPCO in Meghalaya.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 28 Apr
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Announcement under Regulation 30 (LODR)-Change in Directorate
23 Apr - Appointment of two independent directors on NBCC board for one year from April 23, 2025.
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Intimation Of Work Order Received By NBCC In Normal Course Of Business, Amounting Rs. 64.67 Crore (Approx.)
23 Apr - NBCC awarded Rs. 64.67 Cr contracts for construction projects from government and educational clients.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2007
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Concalls
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Feb 2025Transcript PPT
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Nov 2019TranscriptPPT
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Aug 2019TranscriptPPT
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Jun 2018TranscriptNotesPPT
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Mar 2018TranscriptNotesPPT
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Oct 2017TranscriptNotesPPT
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Jun 2017TranscriptNotesPPT
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Feb 2016TranscriptPPT
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Dec 2015TranscriptPPT
Business Segments
1) Project Management Consultancy (PMC) (91% in 9M FY25 vs 92% in FY22): [1] [2] The company undertakes civil construction projects, including residential, commercial, and government redevelopment. It also handles national security infrastructure like border fencing, and civil infrastructure including roads and water systems, and executes projects under PMGSY and North Eastern development initiatives. Its clientele includes the Ministry of Defense, Ministry of Home Affairs, Ministry of Finance, Central Universities, IITs, IIMs, AIIMs, Govt of Haryana, Govt of Rajasthan, Govt of Maharashtra, etc. The segment revenue grew by 13% YoY in 9M FY25. [3] [4]