SMALLCAP PSU CONSTRUCTION COMPANY EXPECTS REVENUE TO DOUBLE BY FY27-28 TO Rs 25,000 CRORE
State-owned company
NBCC
expects it's revenue to reach around Rs 25,000 crore in 2027-28, more than double from the last financial year's revenue of Rs 12,039 crore. This expectation is on the back of a huge order book of Rs 1.20 lakh crore. The management expects the revenue to touch Rs 15,000 crore in FY25-26, Rs 19,000 crore in FY26-27, and Rs 25,000 crore in FY27-28. The company is into project management consultancy and real estate business.
With a market capitalization of Rs 28,796 crore, the company has seen a 11.50% sales growth and 26% profit growth in Q1 as compared to the same period last year. The company also reported a strong Net Cash Flow of Rs 961 crore for the period ending Mar25. DIIs have also increased stake in the company from 9.47% in Jun24 to 11.23% in Jun25.