NBCC (India) Limited Expands Overseas: Rs 100,000 Crore Order Book and New Real Estate Subsidiary in Dubai

NBCC (India) Limited has announced the incorporation of NBCC Overseas Real Estate LLC, a wholly-owned subsidiary in Dubai. This move, along with a significant renovation project and strong financial results, underscores the company's growing presence in the real estate and construction sectors.

Real EstateNbccConstructionDubaiFinancial ResultsReal EstateMay 18, 2025

NBCC (India) Limited Expands Overseas: Rs 100,000 Crore Order Book and New Real Estate Subsidiary in Dubai
Real Estate:NBCC (India) Limited, a prominent government-owned construction company, has taken a significant step by incorporating NBCC Overseas Real Estate LLC as a wholly-owned subsidiary in Dubai Mainland, UAE. This new entity has a nominal and paid-up capital of AED 10,00,000 and will focus on buying and selling real estate in Dubai. The incorporation, which makes NBCC Overseas Real Estate LLC a related party to NBCC (India) Limited, received reiteration of approval from the Department of Investment and Public Asset Management (DIPAM) on February 24, 2025. The Reserve Bank of India (RBI) ODI approval is currently awaited. NBCC (India) Limited has acquired 100% of the equity share capital through a cash subscription at face value.

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.

About the Company

NBCC (India) Limited, a 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, the net sales increased by 16.6 per cent to Rs 2,826.96 crore and the net profit increased by 25.4 per cent to Rs 142.43 crore in Q3FY25 over Q3FY24. In its nine-month results, the net sales increased by 16 per cent to Rs 7,429.84 crore and the net profit increased by 37 per cent 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 per cent stake and the Life Insurance Corporation of India (LIC) owns a 5.11 per cent stake in the company. The stock is up by 60 per cent from its 52-week low of Rs 70.82 per share.

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

Frequently Asked Questions

What is the purpose of NBCC Overseas Real Estate LLC?

NBCC Overseas Real Estate LLC, a wholly-owned subsidiary of NBCC (India) Limited, is focused on buying and selling real estate in Dubai, UAE.

What significant project has NBCC (India) Limited been awarded recently?

NBCC (India) Limited was awarded a renovation project valued at approximately Rs 95.66 crore 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 order book value of NBCC (India) Limited stands at Rs 1,00,000 crore.

What is the current stock performance of NBCC (India) Limited?

The stock of NBCC (India) Limited is up by 60 per cent from its 52-week low of Rs 70.82 per share.

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