Government of India's Multibagger Navratna Company Successfully Sale of 1,185 Units Worth Rs 1504.69 Crore Through E-Auction Boosts Prospects with 1 Per Cent Marketing Fee Income
The company has an order book worth more than Rs 84,000 crore and LIC owns a 5.11 per cent stake in the company.
NBCC (India) Limited has successfully sold 1,185 residential units at Aspire Dream Valley, Ph-III, Greater Noida (W) U.P. through an eauction at total sale value of approx. Rs 1504.69 crore. NBCC will get marketing fee of 1 per cent of sale value.
Earlier, Memorandum of Understanding (MoU) was signed between NBCC (India) Limited and RAILTEL Corporation of India Limited (RAILTEL) on 07.04.2025 to develop Data Centre projects from 'concept to commissioning in India and Overseas for a period of five (5) years. NBCC shall provide Project Management Consultancy services for construction of Data Centre buildings and related civil/passive infrastructure and RailTel shall provide Services related to Planning, Designing, Supply, Installation, Testing, Commissioning (SITC) and Operations & Maintenance (O&M) for IT related Infrastructure for Data centers. This collaboration is designed to leverage the core competencies of both organizations, enabling them to supplement each other’s capabilities and enhance client acquisition and service delivery efficiency on a long-term, sustainable basis.
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NBCC (India) Limited is a Government of India Navratna Enterprise operating under the Ministry of Housing and Urban Affairs. The company is structured into three primary business segments: Project Management Consultancy (PMC), Engineering Procurement & Construction (EPC), and Real Estate. The PMC segment, contributing 91 per cent to the company's revenue in the first nine months of FY25, focuses on civil construction projects, including government redevelopment and national security infrastructure. The EPC segment, accounting for 7 per cent of revenue, specializes in executing projects like high-rise chimneys and coal handling plants.
The Real Estate segment, though smaller, is involved in developing residential and commercial projects. NBCC's geographical footprint spans across India and extends internationally to regions such as the Maldives, Mauritius, and Dubai. The company boasts a robust order book exceeding Rs 1 lakh crore, with significant projects in sectors like healthcare, education, and smart cities. Recent collaborations with HUDCO and RITES highlight NBCC's strategic initiatives to enhance its consultancy and EPC capabilities. The company anticipates substantial growth in its order book and revenue over the next few years.
In the Quarterly Results of December 2024, the company reported revenue of Rs 2,826.96 crore, reflecting a year-on-year growth of 16.65 per cent and a quarter-on-quarter growth of 14.98 per cent. The net profit stood at Rs 138.48 crore, increasing by 25.05 per cent YoY and 13.40 per cent QoQ. The net profit margin for the quarter was 4.90 per cent, compared to 4.97 per cent in September 2024 and 4.57 per cent in December 2023.
For the financial year 2024, the company recorded revenue of Rs 10,432.64 crore, marking a 17.53 per cent increase from the previous year's Rs 8,876.37 crore. The net profit for the year was Rs 501.30 crore, up by 51.82 per cent from Rs 363.81 crore in FY23. The net profit margin improved to 3.49 per cent from 2.70 per cent in the previous year.
NBCC (India) Limited is a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs. The company operates in three major segments - Project Management Consultancy, Engineering Procurement & Construction, and Real Estate. The stock has delivered multibagger returns of over 271 per cent in the last two years whereas the BSE Sensex has given 31 per cent returns in the same period. The company has an order book worth more than Rs 84,000 crore and LIC owns a 5.11 per cent stake in the company.
Investors can keep this Mid-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.