Navratna stock jumps 3% after receiving orders worth ₹79 Cr from ICAI

Synopsis:
NBCC (India) Limited secured ₹79.11 crore work orders from ICAI, which includes ₹20.77 crore for ICAI Bhawan, Raipur, and ₹58.34 crore for the Centre of Excellence, Guwahati, under the Project Management Consultancy model.

This PSU Navaratna Stock, engaged in project management consultancy, engineering procurement and construction, and real estate development services, jumped 3 percent after receiving new work orders worth Rs. 79.11 crore from the Institute of Chartered Accountants of India (ICAI).

With a market capitalization of Rs. 31,671 crores, the share of NBCC (India) Limited has reached an intraday high of Rs. 118.35 per equity share, rising nearly 2.69 percent from its previous day’s close price of Rs. 115.25. Since then, the stock has retreated and is currently trading at Rs. 117.30 per equity share. 

Reason Behind the Surge

NBCC (India) Limited has received new work orders worth approximately Rs. 79.11 crore from the Institute of Chartered Accountants of India (ICAI). The first project involves the construction of ICAI Bhawan at Kamal Vihar, Raipur, with an estimated value of Rs. 20.77 crore.

The second project is for the construction of the Centre of Excellence (Phase-I) at Guwahati, Assam, valued at around Rs. 58.34 crore. Both projects have been awarded under the Project Management Consultancy (PMC) model, highlighting NBCC’s continued expertise in executing high-quality institutional infrastructure projects across India.

These orders are part of NBCC’s regular business activities and further strengthen its relationship with ICAI. They also reflect the company’s growing role in managing major government and institutional construction projects, contributing to India’s infrastructure development.

Order Book

As of June 30, 2025, NBCC (India) Limited reported a consolidated order book of Rs. 1,20,307 crore, reflecting its strong project pipeline and execution capability. The majority of this comes from NBCC itself, holding Rs. 1,05,644 crore, which represents around 87.81 percent of the total order book.

The subsidiaries add to this total, which includes HSCC with Rs. 8,872 crore (7.37 percent), HSCL with Rs. 5,587 crore (4.64 percent), and NSL with Rs. 204 crore (0.17 percent). This diversified order book across subsidiaries highlights NBCC Group’s steady growth and presence across multiple infrastructure and construction segments.

Company Overview

NBCC (India) Limited was established in 1960 as National Buildings Construction Corporation and is a public sector enterprise under the Ministry of Housing and Urban Affairs, Government of India. The company primarily focuses on construction and project management for government entities, handling residential, commercial, and institutional projects across India and abroad. 

Over the years, NBCC has expanded its services to include project management consultancy (PMC), engineering procurement and construction (EPC), and real estate development, becoming a key player in infrastructure development and urban renewal.

Recent quarter results

Coming into financial highlights, NBCC (India) Limited’s revenue has increased from Rs. 2,143 crore in Q1 FY25 to Rs. 2,391 crore in Q1 FY26, which has grown by 11.57 percent. The net profit has also grown by 26.17 percent from Rs. 107 crore in Q1 FY25 to Rs. 135 crore in Q1 FY26. NBCC (India) Limited’s revenue and net profit have grown at a CAGR of 8.28 percent and 40.93 percent, respectively, over the last five years.

In terms of return ratios, the company’s ROCE and ROE stand at 33.2 percent and 25.5 percent, respectively. NBCC (India) Limited has an earnings per share (EPS) of Rs. 2.11, and it’s a debt-free company.

Written By – Nikhil Naik

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