Rs 64,000 Crore Order Book: This Navratna Infra Company bags Order Worth Rs 70 Crore; Complete Details Inside!

The company’s shares have delivered an impressive return of over 290 per cent in just 1 year.

NBCC (India) Limited, a Navratna PSU under the Ministry of Housing and Urban Affairs, operates in three key sectors: Project Management Consultancy, Engineering Procurement & Construction, and Real Estate. The company has secured a contract from Grid Controller of India Limited (Grid-India) for planning, designing, and executing interior works, including furniture, fit-out, cabling, and other infrastructure at "Grand Rue" in Ayur Vigyan Nagar, August Kranti Marg, New Delhi. The contract is valued at approximately Rs 70 crore and is aimed at establishing GRID-INDIA.

Share Performance:

Today NBCC (India) Limited shares closed the day at Rs 161 per share. The company’s current market capitalization stands at Rs 28,980 crore. The stock has delivered return of over 290 per cent in the past 1 year.

Financial performance:

According to the Quarterly Results, in Q4 FY24, NBCC (India) Limited reported a revenue of Rs 4024 crore and an operating profit of Rs 243 crore. The operating profit margin for the quarter stands at 243 per cent. The company’s net profit stood at Rs 141 crore. In FY24, the company reported a revenue of Rs 10433 crore compared to Rs 8754 crore and a net profit of Rs 414 crore, compared to a profit of Rs 278 crore in the previous year.

As per the shareholding pattern, promoters hold 61.75 per cent of the shares, while Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) own 4.33 per cent and 9.94 per cent, respectively. Public investors own the remaining 23.98 per cent.

Investors must keep this Large-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.