NBCC India Expands to Dubai with Rs 100000 Crore Order Book
NBCC (India) Limited has announced the establishment of NBCC Overseas Real Estate LLC, a wholly-owned subsidiary in Dubai, focusing on real estate development. The company also reports a robust order book of Rs 100,000 crore and significant financial growth.
Nbcc IndiaReal EstateDubaiConstructionFinancial GrowthReal Estate NewsMay 18, 2025
Earlier, the company was awarded a significant renovation project valued at approximately Rs 95.66 crore (excluding GST) for the Sushma Swaraj Institute of Foreign Service in New Delhi. This work order, received from the Ministry of External Affairs, underscores NBCC's continued role in undertaking important infrastructure and renovation projects for government institutions.
NBCC (India) Limited, a prominent government-owned construction company under India's Ministry of Housing and Urban Affairs, offers a comprehensive suite of services across three key segments. Their Project Management Consultancy (PMC) arm tackles civil construction projects for various sectors, including residential, commercial, healthcare, and educational institutions. Additionally, they specialize in engineering, procurement, and construction (EPC) for complex structures like high-rise chimneys and cooling towers. Finally, NBCC (India) Limited is a major player in real estate development, building residential townships, apartments, commercial office spaces, and shopping malls.
According to the latest quarterly results, NBCC (India) Limited has reported a net sales increase of 16.6% to Rs 2,826.96 crore and a net profit increase of 25.4% to Rs 142.43 crore in Q3FY25 over Q3FY24. In its nine-month results, the net sales increased by 16% to Rs 7,429.84 crore and the net profit increased by 37% to Rs 374.76 crore in 9MFY25 over 9MFY24. The company's order book as of December 31, 2024, stands at Rs 1,00,000 crore. As of March 2025, the President of India owns a 61.75% stake and the Life Insurance Corporation of India (LIC) owns a 5.11% stake in the company.
The stock of NBCC (India) Limited has shown significant growth, rising by 60% from its 52-week low of Rs 70.82 per share. This performance reflects the market's confidence in the company's strategic initiatives and financial health.
Disclaimer: The article is for informational purposes only and not investment advice.
Frequently Asked Questions
What is NBCC (India) Limited's new subsidiary in Dubai called?
NBCC (India) Limited's new subsidiary in Dubai is called NBCC Overseas Real Estate LLC.
What is the nominal and paid-up capital of NBCC Overseas Real Estate LLC?
The nominal and paid-up capital of NBCC Overseas Real Estate LLC is AED 10,00,000.
What significant project was NBCC (India) Limited recently awarded?
NBCC (India) Limited was recently awarded a significant renovation project valued at approximately Rs 95.66 crore (excluding GST) for the Sushma Swaraj Institute of Foreign Service in New Delhi.
What are the three key segments of NBCC (India) Limited's services?
The three key segments of NBCC (India) Limited's services are Project Management Consultancy (PMC), Engineering, Procurement, and Construction (EPC), and Real Estate Development.
What is the current order book value of NBCC (India) Limited as of December 31, 2024?
The current order book value of NBCC (India) Limited as of December 31, 2024, stands at Rs 1,00,000 crore.
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