Synopsis:
The company secured a major Rs 2,966-crore development order, boosting investor sentiment. Strong Q2 results, a robust order pipeline, and continued project wins highlight solid momentum. Growing reliance on high-margin PMC operations and sustained contract inflows support long-term growth visibility.
The shares of the prominent public sector undertaking gained up to 4 percent in today’s trading session after the company bagged a significant work order from Nagpur Metropolitan Region Development Authority worth Rs 2,966 crore.
With a market capitalisation of Rs 30,928.50 crore, the shares of NBCC (India) Ltd were trading at Rs 114.55 per share, increasing around 1.37 percent as compared to the previous closing price of Rs 113.00 apiece.
Significant Order
The shares of NBCC (India) Ltd have seen positive movement after bagging a significant work order from Nagpur Metropolitan Region Development Authority worth Rs 2,966 crore for PMC for the Development of Naveen Nagpur for NMRDA –Phase-1.
Financial & Operational Highlights
The company delivered solid year-on-year growth in Q2FY26, with revenue rising 19 percent to Rs 2,910 crore, reflecting strong demand and execution. Net profit jumped 26 percent to Rs 157 crore, indicating improved operating efficiency and better margins. Overall, the results highlight strengthening fundamentals and sustained business momentum.
NBCC’s segmental performance in Q2 FY26 was driven by strong momentum in its core PMC business, which grew 26.96% to Rs 2,049 crore. However, revenue from the Real Estate (RE) and EPC segments fell sharply by 91.88% and 78.53%, respectively. The shift reflects NBCC’s increasing focus on asset-light, high-margin PMC operations while scaling down other segments.
NBCC is a leading Government of India enterprise specializing in project management consultancy, engineering, and real estate development. With a strong order book and expertise in large-scale urban redevelopment, infrastructure, and institutional projects, the company plays a key role in shaping India’s construction landscape while steadily expanding its PMC-driven growth model.
NBCC’s consolidated order book stands strong at Rs 1,28,381 crore as of 30 September 2025, reflecting robust project visibility. The core NBCC segment dominates with Rs 1,12,500 crore, while subsidiaries HSCC (Rs 8,368 crore), HSCL (Rs 7,185 crore), and NSL (Rs 328 crore) add meaningful support. The large pipeline underscores sustained demand, execution strength, and long-term growth momentum.
NBCC secured several high-value projects in Q2 FY26, strengthening its PMC portfolio across urban development, infrastructure, and institutional buildings. Key wins include major redevelopment projects from RIICO and NMRDA worth over Rs 6,000 crore combined. Additional assignments from HUDCO, Lokpal of India, MP Gramin Bank, and RGIPT highlight NBCC’s diversified client base and expanding execution pipeline.
Written by Abhishek Singh
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