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 ₹ 21,206 Cr.
- Current Price ₹ 78.5
- High / Low ₹ 126 / 77.2
- Stock P/E 31.0
- Book Value ₹ 11.2
- Dividend Yield 1.28 %
- ROCE 29.3 %
- ROE 20.4 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 33.1%
Cons
- Stock is trading at 7.03 times its book value
- Earnings include an other income of Rs.376 Cr.
- Debtor days have increased from 113 to 144 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,394 | 5,826 | 7,425 | 8,447 | 9,943 | 8,087 | 6,953 | 7,691 | 8,876 | 10,407 | 12,044 | 12,889 | 12,756 | |
| 4,105 | 5,510 | 7,017 | 7,992 | 9,574 | 7,982 | 6,821 | 7,483 | 8,532 | 9,890 | 11,409 | 12,269 | 12,095 | |
| Operating Profit | 289 | 317 | 408 | 455 | 369 | 105 | 133 | 207 | 345 | 517 | 635 | 619 | 660 |
| OPM % | 7% | 5% | 5% | 5% | 3.7% | 1.3% | 1.9% | 2.7% | 3.9% | 5.0% | 5% | 4.8% | 5% |
| 147 | 98 | 84 | 163 | 207 | 207 | 180 | 121 | 38 | 51 | 133 | 388 | 376 | |
| Interest | 41 | 3 | 31 | 28 | 3 | 8 | 15 | 9 | 6 | 4 | 5 | 3 | 0 |
| Depreciation | 2 | 2 | 5 | 6 | 4 | 6 | 6 | 5 | 5 | 5 | 7 | 13 | 14 |
| Profit before tax | 393 | 409 | 454 | 584 | 569 | 297 | 292 | 315 | 372 | 559 | 755 | 991 | 1,023 |
| Tax % | 29% | 29% | 28% | 32% | 31% | 66% | 18% | 24% | 25% | 26% | 26% | 25% | |
| 278 | 289 | 326 | 396 | 392 | 100 | 240 | 238 | 278 | 414 | 557 | 742 | 765 | |
| EPS in Rs | 1.03 | 1.07 | 1.31 | 1.40 | 1.39 | 0.29 | 0.84 | 0.83 | 0.99 | 1.49 | 2.00 | 2.67 | 2.74 |
| Dividend Payout % | 24% | 41% | 41% | 26% | 31% | 31% | 37% | 40% | 36% | 28% | 33% | 38% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 13% |
| 3 Years: | 13% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 20% |
| 3 Years: | 13% |
| TTM: | 8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 20% |
| 3 Years: | 26% |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 22% |
| 3 Years: | 23% |
| Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 1,218 | 1,421 | 1,514 | 1,886 | 1,328 | 1,270 | 1,463 | 1,588 | 1,764 | 2,046 | 2,209 | 2,747 |
| 0 | 12 | 6 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | |
| 3,426 | 3,906 | 6,366 | 10,202 | 11,592 | 11,080 | 11,778 | 11,715 | 10,968 | 10,513 | 10,911 | 13,290 | |
| Total Liabilities | 4,764 | 5,459 | 8,066 | 12,269 | 13,101 | 12,531 | 13,422 | 13,483 | 12,913 | 12,739 | 13,390 | 16,307 |
| 26 | 62 | 123 | 129 | 182 | 165 | 159 | 175 | 182 | 185 | 531 | 614 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 16 | 2 | 4 | 12 | 4 | 38 |
| Investments | 146 | 236 | 74 | 28 | 42 | 28 | 20 | 18 | 21 | 276 | 265 | 19 |
| 4,592 | 5,161 | 7,868 | 12,111 | 12,876 | 12,337 | 13,227 | 13,287 | 12,705 | 12,266 | 12,590 | 15,636 | |
| Total Assets | 4,764 | 5,459 | 8,066 | 12,269 | 13,101 | 12,531 | 13,422 | 13,483 | 12,913 | 12,739 | 13,390 | 16,307 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -155 | 176 | 605 | 907 | 638 | 113 | 456 | 80 | -374 | -6 | 661 | 439 | |
| -2 | -36 | 282 | -474 | -209 | 88 | 151 | 33 | 272 | -184 | 575 | 250 | |
| -70 | -84 | -502 | -247 | -150 | -160 | -41 | -95 | -90 | -103 | -269 | -201 | |
| Net Cash Flow | -227 | 56 | 385 | 185 | 279 | 41 | 567 | 19 | -192 | -293 | 967 | 489 |
| Free Cash Flow | -161 | 152 | 591 | 902 | 633 | 130 | 454 | 74 | -385 | -50 | 342 | 402 |
| CFO/OP | -37% | 80% | 168% | 228% | 208% | 135% | 356% | 44% | -105% | 1% | 107% | 84% |
Ratios
Consolidated / View Standalone
| 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 | 142 | 115 | 126 | 115 | 90 | 84 | 109 | 96 | 82 | 102 | 93 | 144 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 142 | 115 | 126 | 115 | 90 | 84 | 109 | 96 | 82 | 102 | 93 | 144 |
| Working Capital Days | 7 | -1 | -30 | -122 | -149 | -235 | -285 | -241 | -190 | -123 | -132 | -119 |
| ROCE % | 35% | 28% | 32% | 29% | 30% | 18% | 18% | 21% | 27% | 32% | 33% | 29% |
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 ・Standalone data |
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| New Business Secured INR Crore |
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| Revenue per Employee INR Crore ・Standalone data |
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| Works Awarded to Contractors INR Crore |
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| Redevelopment Share of Order Book % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Closure of Trading Window
- Trading window closes from October 1, 2026 until 48 hours after Q2 FY27 results.
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Intimation Of Work Orders Received By NBCC (India) Limited In The Ordinary Course Of Business Amounting To Rs. 144.98 Cr. Approx.
- NBCC won work orders worth about Rs. 144.98 crore across seven domestic projects on September 15, 2026.
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Intimation Of Opening Of Branch Office In Australia
- NBCC registered a branch office in Australia for PMC and EPC services with Goldfields Pvt. Ltd.
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- NBCC submitted 66th AGM scrutinizer report; all 9 resolutions passed on September 14, 2026.
- Shareholder Meeting / Postal Ballot-Outcome of AGM
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.