NBCC India Ltd Secures Consecutive Contracts and Reports Strong Real Estate Monetization

Executive Summary NBCC India Ltd continues to demonstrate robust operational momentum, securing consecutive Project Management Consultancy (PMC) mandates across diverse geographies while achieving significant milestones in inventory liquidation. The company has added approximately ₹3,011 crore to its order book in a span of two days, alongside substantial revenue generation from real estate sales in the NCR region. Key Operational Highlights New Order Win (Jharkhand): On November 21, 2025, NBCC was awarded a work order valued at approximately ₹45.09 crore by Canara Bank. The scope of work involves Project Management Consultancy (PMC) services for the construction of the bank’s regional/circle office premises in Ranchi, Jharkhand. Major Infrastructure Mandate (Maharashtra): This follows a significant win reported on November 20, where the company secured a contract worth ₹2,966.10 crore (excluding GST) from the Nagpur Metropolitan Region Development Authority (NMRDA). This mandate entails PMC services for the development of Naveen Nagpur (Phase-1), a major regional infrastructure project. Real Estate Monetization Success: Capitalizing on improved demand in the NCR region, NBCC successfully concluded the e-auction of 609 residential units across two ongoing projects in Greater Noida. This exercise generated sales worth approximately ₹1,069.43 crore, marking one of the company’s largest digital auction outcomes in recent quarters. Market Performance Despite the positive inflow of orders, the stock witnessed a correction during the trading session on November 21, 2025. Closing Price: ₹112.70 Change: -₹3.25 (-2.80%) Strategic Outlook The securing of over ₹3,000 crore in new orders within 48 hours, combined with the effective monetization of over ₹1,000 crore in real estate inventory, reinforces NBCC’s leadership in the PMC sector and highlights its ability to generate cash flow from non-core assets.