NBCC India Ltd Surges 2% After Securing ₹220 Cr Orders from Canara Bank and Navodaya Vidyalaya Samiti
The shares of NBCC India Ltd, a Government of India Navratna enterprise operating under the Ministry of Housing and Urban Affairs, saw a significant boost today. The company's shares rose nearly 2% following the receipt of orders from Canara Bank and Navodaya Vidyalaya Samiti. As of today, the shares were trading at ₹122 per share, marking a high of ₹123.75, up from its previous close of ₹121.75 per share.
NBCC (India) Limited has announced that it has been awarded multiple work orders in the ordinary course of business, totaling approximately ₹220.31 crore. These contracts include significant projects for Canara Bank and Navodaya Vidyalaya Samiti, spanning across Karnataka, Maharashtra, and Telangana. This development underscores NBCC’s strong presence in the domestic construction and project management sector.
The largest order, valued at around ₹163.12 crore, involves the planning, design, and execution of the Head Office Annex Building for Canara Bank at Manyatha Tech Park in Bengaluru. This project highlights NBCC’s expertise in handling large-scale corporate infrastructure developments and its role as a preferred partner for major banking institutions.
In addition to the Canara Bank project, NBCC has secured two orders from Navodaya Vidyalaya Samiti, amounting to ₹57.19 crore. The first order, valued at ₹9.01 crore, involves constructing a boys’ dormitory along with four warden residences at JNV Jalna, Maharashtra. The second project, worth ₹48.18 crore, focuses on constructing a permanent campus at JNV Medchal, Malkajgiri in Telangana. These contracts highlight NBCC’s ongoing contribution to educational infrastructure development across India.
These projects demonstrate NBCC’s sustained growth trajectory and its strategic focus on both institutional and educational infrastructure, strengthening its portfolio in the Indian construction sector. As of September 30, 2025, the company has a consolidated order book of ₹1,28,381 crore, with the major contribution from NBCC itself at ₹1,12,500 crore. Its subsidiaries, HSCC, HSCL, and NSL, contribute ₹8,368 crore, ₹7,185 crore, and ₹328 crore, respectively, reflecting a strong and diversified project portfolio across the group.
NBCC (India) Ltd, formerly known as National Buildings Construction Corporation, is a government-owned enterprise under the Ministry of Housing and Urban Affairs. It is a premier project management and construction company in India, specializing in building, civil engineering, and infrastructure projects. The company demonstrates strong financial health with an ROCE of 33.2% and an ROE of 25.5%, reflecting efficient capital utilization and shareholder returns. NBCC is almost debt-free, indicating low financial risk.
Over the last five years, NBCC has delivered impressive profit growth with a CAGR of 51%, showcasing robust business expansion. Additionally, it maintains a healthy dividend payout of 32.7%. In the financial year 2026, the company saw its sales rise by 22% from ₹2,391 crore in Q1 to ₹2,910 crore in Q2. Operating profit declined by 8% to ₹101 crore from ₹110 crore, while net profit increased by 16% from ₹135 crore to ₹157 crore.
These recent developments highlight NBCC’s commitment to delivering high-quality projects and maintaining a strong financial position, making it a key player in the Indian construction and infrastructure sector.
