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 ₹ 19,265 Cr.
- Current Price ₹ 71.4
- High / Low ₹ 126 / 70.7
- Stock P/E 28.4
- Book Value ₹ 10.5
- Dividend Yield 1.40 %
- ROCE 30.3 %
- ROE 20.9 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 36.4%
Cons
- Earnings include an other income of Rs.369 Cr.
- Company has high debtors of 158 days.
* 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
Industrials Construction Construction Civil Construction
Part of BSE 500 BSE PSU Nifty 500 Nifty Smallcap 100 Nifty High Beta 50
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,396 | 5,812 | 6,279 | 5,905 | 7,245 | 5,210 | 4,947 | 5,547 | 6,736 | 8,027 | 8,731 | 9,755 | 9,922 | |
| 4,108 | 5,504 | 5,875 | 5,504 | 6,869 | 5,194 | 4,861 | 5,388 | 6,431 | 7,583 | 8,210 | 9,211 | 9,318 | |
| Operating Profit | 288 | 309 | 404 | 401 | 376 | 17 | 87 | 159 | 305 | 444 | 521 | 544 | 603 |
| OPM % | 7% | 5% | 6% | 7% | 5% | 0.3% | 1.8% | 2.9% | 4.5% | 6% | 6% | 6% | 6% |
| 147 | 101 | 89 | 106 | 187 | 235 | 173 | 88 | 15 | 18 | 117 | 380 | 369 | |
| Interest | 41 | 3 | 2 | 2 | 2 | 8 | 12 | 8 | 5 | 3 | 5 | 2 | 0 |
| Depreciation | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 4 | 9 | 10 |
| Profit before tax | 391 | 404 | 488 | 503 | 558 | 241 | 244 | 237 | 312 | 456 | 630 | 913 | 962 |
| Tax % | 29% | 29% | 28% | 34% | 31% | 67% | 17% | 23% | 26% | 25% | 24% | 23% | |
| 277 | 287 | 351 | 334 | 384 | 80 | 202 | 183 | 231 | 344 | 476 | 703 | 740 | |
| EPS in Rs | 1.03 | 1.06 | 1.30 | 1.24 | 1.42 | 0.30 | 0.75 | 0.68 | 0.86 | 1.28 | 1.76 | 2.60 | 2.75 |
| Dividend Payout % | 24% | 42% | 42% | 45% | 30% | 30% | 42% | 49% | 42% | 33% | 38% | 38% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 15% |
| 3 Years: | 13% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 22% |
| 3 Years: | 16% |
| TTM: | 18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 18% |
| 3 Years: | 16% |
| 1 Year: | -37% |
| Return on Equity | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 21% |
| 3 Years: | 23% |
| Last Year: | 21% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 120 | 120 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | 270 | 270 |
| Reserves | 1,204 | 1,405 | 1,494 | 1,641 | 1,385 | 1,344 | 1,512 | 1,595 | 1,735 | 1,959 | 2,058 | 2,576 |
| -0 | 12 | 6 | -0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 3,420 | 3,898 | 4,843 | 5,829 | 6,740 | 6,265 | 6,667 | 6,761 | 6,320 | 6,332 | 7,099 | 8,734 | |
| Total Liabilities | 4,744 | 5,435 | 6,523 | 7,650 | 8,305 | 7,789 | 8,358 | 8,536 | 8,234 | 8,472 | 9,427 | 11,580 |
| 26 | 62 | 65 | 64 | 74 | 60 | 58 | 57 | 65 | 68 | 410 | 494 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 1 | 8 | -0 | 30 |
| Investments | 152 | 231 | 105 | 59 | 359 | 344 | 334 | 332 | 332 | 586 | 576 | 332 |
| 4,566 | 5,142 | 6,353 | 7,528 | 7,872 | 7,385 | 7,966 | 8,147 | 7,837 | 7,809 | 8,440 | 10,724 | |
| Total Assets | 4,744 | 5,435 | 6,523 | 7,650 | 8,305 | 7,789 | 8,358 | 8,536 | 8,234 | 8,472 | 9,427 | 11,580 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -154 | 168 | 439 | 212 | 120 | 51 | 86 | 270 | -148 | 367 | 1,049 | -251 | |
| -5 | -30 | 145 | 174 | 153 | 319 | 245 | -44 | -229 | -486 | 74 | 503 | |
| -70 | -85 | -208 | -184 | -127 | -131 | -31 | -90 | -88 | -97 | -258 | -184 | |
| Net Cash Flow | -229 | 53 | 376 | 203 | 146 | 239 | 299 | 135 | -466 | -217 | 865 | 68 |
| Free Cash Flow | -161 | 144 | 426 | 211 | 116 | 76 | 85 | 269 | -155 | 326 | 738 | -280 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -37% | 79% | 128% | 80% | 67% | 477% | 116% | 177% | -46% | 85% | 202% | -33% |
Ratios
Standalone / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 141 | 115 | 127 | 140 | 106 | 96 | 121 | 106 | 85 | 100 | 93 | 158 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 141 | 115 | 127 | 140 | 106 | 96 | 121 | 106 | 85 | 100 | 93 | 158 |
| Working Capital Days | 6 | -0 | -11 | -9 | -38 | -139 | -153 | -146 | -107 | -51 | -80 | -55 |
| ROCE % | 35% | 28% | 30% | 29% | 33% | 16% | 16% | 20% | 26% | 31% | 32% | 30% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Consolidated Order Book INR Crore |
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| Total Regular Employees count |
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| New Business Secured INR Crore |
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| Revenue per Employee INR Crore |
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| Works Awarded to Contractors INR Crore |
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| Redevelopment Share of Order Book % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
- Shri Ashutosh Gautam appointed Director (Projects) at NBCC from October 19, 2026, till superannuation.
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Corrigendum To MCA Order On First Motion Application In The Matter Of Scheme Of Arrangement For Merger Between HSCC (India) Limited With NBCC (India) Limited And Their Respective Shareholders And Creditors
- MCA issued corrigendum to 9 Oct 2026 order on HSCC-NBCC merger application.
- Announcement under Regulation 30 (LODR)-Newspaper Publication
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Intimation Of Order Of The Ministry Of Corporate Affairs (MCA) On First Motion Application In The Matter Of Scheme Of Arrangement For Merger Between HSCC (India) Limited With NBCC (India) Limited And Their Respective Shareholders And Creditors.
- MCA issued first-motion order for HSCC-NBCC amalgamation on October 9, 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Concalls
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Aug 2026Transcript PPT REC
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May 2026PPT
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT REC
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Jun 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript
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Jun 2024Transcript
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Feb 2024Transcript
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Nov 2023Transcript PPT
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Aug 2023Transcript
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Jun 2023Transcript
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Mar 2023Transcript PPT
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Nov 2022Transcript
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Aug 2022Transcript
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Jun 2022Transcript
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Feb 2022Transcript
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Nov 2021Transcript
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Aug 2021Transcript
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Jul 2021Transcript
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Feb 2021Transcript
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Nov 2020Transcript
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Sep 2020Transcript
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Jul 2020Transcript
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Feb 2020Transcript
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Nov 2019Transcript
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Aug 2019Transcript
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Jun 2018PPT
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Apr 2018PPT
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Mar 2018PPT
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Oct 2017PPT
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Jun 2017PPT
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Feb 2016Transcript
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Dec 2015Transcript
Business Segments [1]
a) Project Management Consultancy (95% in Q1 FY27 vs 95% in Q1 FY26): [2][3]
The company provides project planning, tendering, execution, and monitoring support for large-scale government infrastructure projects across healthcare, education, housing, and institutional sectors. Its key clients include central ministries, PSUs, IIMs, NITs, AIIMS, state governments, and organisations like DMRC, BHEL, MTNL, etc.