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Harshal Parmar

16th Sep · SEBI-Registered Analyst

“NCC bags over ₹3,500 crore projects in Bihar – a double win in water and healthcare!”

NCC
Here are the key points on NCC Limited’s Bihar orders 👇 Order 1 – Barnar Reservoir Project, Jamui (Bihar) Awarded by Water Resources Department, Bihar Value: ₹2,090.5 crore (excl. GST) Scope: Reservoir, dam, irrigation channels, related works Completion: 30 months Defect Liability: 60 months Order 2 – Redevelopment of Darbhanga Medical College & Hospital Awarded by Bihar Medical Services & Infrastructure Corporation Ltd (BMSICL) Value: ₹1,480.34 crore (excl. GST) Scope: Complete hospital redevelopment at Laheriasarai Completion: 42 months Defect Liability: 36 months Significance Strengthens NCC’s position in water resources & healthcare infrastructure Boosts order book & mid-term revenue visibility Contributes to Bihar’s irrigation and healthcare development Positive investor sentiment (stock saw traction after order news) Challenges/Risks Execution delays (land, regulatory, environment approvals) Cost escalation risk (steel, cement, labour) Long defect liability periods increase quality responsibility Cash flow & working capital management critical Opportunities More contracts in Bihar & neighbouring states possible Strong alignment with state & central infra push Expands NCC’s portfolio in social infrastructure

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