NBCC & 2 other PSU stocks with order book higher than their market cap to keep on your radar

PSU sector stocks represent shares in companies where the Indian government holds a controlling stake. These companies are involved in critical sectors like energy, banking, telecommunications, defense, and infrastructure. A high-order book helps a company by indicating a strong pipeline of future revenue, suggesting substantial growth potential, and providing greater visibility into future earnings. 

Here is a list of PSU stocks with high-order book to add to your watchlist:

1. NBCC Ltd

The shares of NBCC Ltd with a total market capitalization of Rs 21,856.50 Crores, closed at Rs 80.95 per share on Friday, which was 1.09 percent higher than the previous closing price of Rs 80.08. The shares generated a strong return of 228 percent in the past three years and an impressive 410 percent return in the past five years. 

As of Q3FY25, NBCC Limited’s total consolidated order book has reached Rs. 1 lakh crore. This milestone was achieved after securing multiple new orders, including projects worth Rs. 405 crore. The order book of NBCC Ltd is 4.6 times that of its market capitalization of Rs 21,856.50 Crores. 

NBCC Ltd is a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs. It operates in diversified construction sectors both domestically and internationally. Its three major segments include  Project Management Consultancy, Real Estate Development, and Engineering Procurement and Construction.

2. NCC Ltd 

The shares of NCC Ltd with a total market capitalization of Rs 11,590.05 Crores, closed at Rs 184.6 per share on Friday, which was 1.09 percent higher than the previous closing price of Rs 186.6. The shares generated a strong return of 210 percent in the past three years and a stellar 477 percent return in the past five years. 

As of Q3FY25, the company’s order book stands at Rs 55,548 Crores, of which Rs 8,440 Crores pertains to orders received in Q3. The order book of NCC Ltd is 4.8 times that of its market capitalization of Rs 11,590.05 Crores. 

NCC Ltd is a Public Sector Undertaking that is primarily engaged in construction and project activities in the infrastructure sector. It is involved primarily in the construction of industrial and commercial buildings, housing projects, roads, bridges and flyovers, mining, power transmission lines, etc.

Also read: 4 Stocks with low debt and high revenue CAGR of up to 40% to keep on your radar

3. IRCON International Ltd

The shares of IRCON International Ltd with a total market capitalization of Rs 14,286.43 Crores, closed at Rs 151.9 per share on Friday, which was 1.84 percent higher than the previous closing price of Rs 149.2. The shares generated a strong return of 279 percent in the past three years and 257 percent returns in the past five years. 

As of Q3FY25, Ircon International Limited’s total order book stood at Rs. 21,939 crore. Of the total order book, Railways account for Rs. 17,075 crore, Highways account for Rs. 4,775 crore, and orders from others account for Rs. 89 crore. The order book of IRCON International Ltd is 1.54 times that of its market capitalization of Rs 14,286.43 Crores. 

IRCON International Ltd is a Navratna Public Sector Undertaking that operates in infrastructure sectors, including railways, highways, bridges, flyovers, tunnels, metro, electrical, and mechanical works, railway production units, etc. 

Written By Adhvaitha Nayani

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