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CA. Hardik Kachchava

12th Dec · SEBI-Registered Analyst

NBCC (India) Secures Strategic Orders from NALCO & SAIL

NBCC
Executive Summary NBCC (India) Limited continues to demonstrate strong operational momentum, securing new Project Management Consultancy (PMC) contracts totaling ₹289.39 crore. These wins further solidify the company's foothold in the public sector infrastructure space and complement a robust financial performance in the current fiscal year. 1. Contract Deal Flow The company has successfully bagged two significant domestic mandates classified under PMC assignments: NALCO (National Aluminium Company Limited): Value: ₹255.50 crore. Scope: Comprehensive planning, design, and execution of civil, electrical, and horticultural works. The mandate includes the dismantling of existing structures and the development of new civic amenities at NALCO offices and townships. SAIL (Steel Authority of India Limited) Bokaro: Value: ₹33.89 crore. Scope: Specialized desilting works for cooling pond No. 1, covering both hot and cold water chambers. This follows a previous announcement on December 3, 2025, where NBCC secured five construction and redevelopment orders worth ₹665 crore, indicating a steady inflow of high-value projects. 2. Financial Health (Q2 FY26) NBCC’s fundamental backdrop remains resilient, as evidenced by the results for the quarter ended September 2025: Net Profit: Surged 26% YoY to ₹153.5 crore. Revenue: Grew 19% YoY, driven by accelerated execution. EBITDA: Stood at ₹100.8 crore, showing marginal growth. Margins: Operating margins saw a slight contraction to 3.5% (from 4%) due to prevailing cost pressures, a factor currently being monitored. 3. Market Performance Investor sentiment remains positive regarding NBCC's growth trajectory: Stock Price: Ended the December 11 session 1.57% higher. YTD Performance: The stock has delivered returns of over 16% in the calendar year so far. Peer Movement: NALCO and SAIL also closed in the green, rising 0.55% and 0.57%, respectively.

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