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PSU Stock Surges on ₹50 Cr Order from Ministry of Tourism

Published: June 10, 2025 | Category: Real Estate
PSU Stock Surges on ₹50 Cr Order from Ministry of Tourism

The shares of the Navratna PSU company, NBCC (India) Ltd, have been in the spotlight following the receipt of a significant work order from the Ministry of Tourism. With a market capitalization of ₹33,723.00 crores on Tuesday, the shares of NBCC (India) Ltd jumped by 0.58 percent, reaching a high of ₹129.40 compared to its previous closing price of ₹128.65.

NBCC (India) Limited, a leading company in project management consultancy, engineering procurement & construction, and real estate development, has secured a new domestic work order from the Ministry of Tourism worth approximately ₹50.54 crore. The order is for the development of the Maa Chintpurni Temple in Una district, Himachal Pradesh, under the Government of India’s Prashad Scheme. NBCC has been designated as the project management consultant for this prestigious project.

The company’s financial performance has been robust, with a 15 percent increase in revenue from ₹4,075.87 crores to ₹4,700.86 crores in Q4FY24-25. Net profit also saw a significant rise from ₹136.08 crores to ₹175.92 crores in the same period. NBCC (India) Limited is a debt-free company with an impressive average Return on Equity (ROE) of 15.78 percent and Return on Capital Employed (ROCE) of 18.23 percent over the last three years. Additionally, it has achieved an average net profit growth of 20.31 percent during this period.

NBCC (India) Limited, established in 1960, is a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Housing and Urban Affairs. With over 64 years of experience in the construction sector, NBCC is one of the largest construction companies in India, boasting a pan-India and global presence. The company has recently signed a strategic Memorandum of Understanding (MoU) with MAHAPREIT to jointly develop major projects in Maharashtra, including cluster development, data centers, slum rehabilitation, and residential projects, with an estimated value of ₹25,000 crore.

Other key projects in the company’s pipeline include the planning and execution of a 50-acre mixed-use development at Poorvi Vihar, Lucknow (₹3,500 crore), township and building works for the Damodar Valley Corporation (₹916.56 crore), and infrastructure projects for the Uttarakhand Investment and Infrastructure Development Board (₹518 crore). The consolidated order book stands at ₹1,20,533 crore, reflecting the company’s strong market position.

In Q4FY25, NBCC reported a 4.51 percent increase in revenue from its Project Management Consultancy (PMC) segment, reaching ₹2,892.57 crore. The Real Estate (RE) segment saw a significant growth of 184.45 percent to ₹160.09 crore, while the Engineering Procurement & Construction (EPC) segment experienced a 9.45 percent decline to ₹159.29 crore compared to the previous year. These financial results underscore NBCC’s ability to diversify and adapt to market demands, further solidifying its leadership in the industry.

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Frequently Asked Questions

1. What is the recent significant order received by NBCC?
NBCC (India) Ltd has received a work order worth ₹50.54 crore from the Ministry of Tourism for the development of the Maa Chintpurni Temple in Una district, Himachal Pradesh, under the Prashad Scheme.
2. How did the stock of NBCC perform after receiving the order?
Following the receipt of the order, the shares of NBCC (India) Ltd jumped by 0.58 percent, reaching a high of ₹129.40 compared to its previous closing price of ₹128.65.
3. What are the financial highlights of NBCC for Q4FY24-25?
In Q4FY24-25, NBCC reported a 15 percent increase in revenue to ₹4,700.86 crores and a 29 percent rise in net profit to ₹175.92 crores. The company also has an average ROE of 15.78 percent and ROCE of 18.23 percent over the last three years.
4. What are some of the key projects NBCC is currently working on?
Some of the key projects include the 50-acre mixed-use development at Poorvi Vihar, Lucknow (₹3,500 crore), township and building works for the Damodar Valley Corporation (₹916.56 crore), and infrastructure projects for the Uttarakhand Investment and Infrastructure Development Board (₹518 crore).
5. What is the strategic MoU signed by NBCC with MAHAPREIT?
NBCC has signed a strategic MoU with MAHAPREIT to jointly develop major projects in Maharashtra, including cluster development, data centers, slum rehabilitation, and residential projects, with an estimated value of ₹25,000 crore.