NBCC (India) Limited announced its unaudited financial results for the second quarter and half-year ended September 30, 2026. The company reported a 38% YoY increase in standalone revenue for Q2 FY27, with EBITDA surging by 154% and Profit After Tax (PAT) growing by 31% to INR 225 crores. The consolidated order book stands strong at INR 1,26,000 crore.
NBCC India Reports Robust Q2 FY27 Financials
NBCC (India) Limited has declared its unaudited financial results for the second quarter (Q2) and the first half (H1) of the fiscal year 2026-27. The company showcased significant year-on-year (YoY) growth across key financial metrics.
Q2 FY27 Performance Highlights
For the second quarter of FY27, NBCC recorded a standalone revenue from operations of INR 2,890 crore, marking a substantial 38% increase compared to the same period last year. On a standalone basis, EBITDA saw a remarkable surge of 154%, reaching INR 219 crore from INR 86 crore in the prior year. The standalone Profit After Tax (PAT) also demonstrated strong growth, increasing by 31% to INR 225 crore.
H1 FY27 Performance
In the first half of FY27, NBCC’s standalone revenue from operations stood at INR 4,713 crore, reflecting a 26% YoY increase. Standalone EBITDA grew significantly by 105% to INR 379 crore from INR 183 crore. The standalone PAT for H1 FY27 was INR 376 crore, showing a robust 31% YoY growth.
Order Book and New Business Secured
The company’s standalone order book is robust, standing at INR 1,12,000 crore, with the consolidated order book at INR 1,26,000 crore. In Q2 FY27, NBCC secured new business worth INR 3,600 crore on a consolidated basis. Major projects secured include the RBI Residential Complex at Amaravati, AP (INR 800 crore) and a Housing Project at Seychelles (INR 600 crore).
Furthermore, NBCC has been awarded INR 1,500 crore of new tenders in Q2 on a consolidated level, bringing the H1 total to INR 3,200 crore. The company anticipates awarding INR 15,000-16,000 crore of new work in the upcoming quarters, with tenders for Supertech packages worth INR 9,600 crore expected to be awarded in Q3 FY27.
Redevelopment Projects and Future Outlook
In terms of redevelopment projects, NBCC successfully sold residential apartments for the 7 GPRA project, realizing INR 5,191 crore. All major packages for redevelopment projects are in the running stage, with a balance workload of INR 9,200 crore. Amrapali Projects Phase II is progressing, with INR 8,000 crore of balance workload. NBCC has completed 24 Amrapali projects of Phase I and is in the process of handing them over.
Looking ahead, NBCC is guiding for standalone revenue of INR 13,000-14,000 crore for FY28, expecting to achieve this figure in the second half of the fiscal year. The company is also committed to INR 21,000 crore in consolidated-level business for FY29, with an expected 20-25% standalone growth.
Land Monetization and Marketing Fees
NBCC plans to monetize its land bank, with two land parcels sold in Q3 FY27 expected to contribute approximately INR 433 crore in revenue, and INR 200 crore to the bottom line, with profit booked in Q4. The company’s land inventory is valued at approximately INR 1,600 crore. Marketing fees are expected to be around INR 100 crore for H1 FY27, with INR 88 crore in Q1 and INR 12 crore in Q2. For H2 FY27, marketing fees are projected at another INR 100 crore, and for the next financial year, around INR 250 crore.
Dubai Operations and Other Projects
NBCC has obtained all necessary approvals for its Dubai operations, with designs and drawings approved. Groundbreaking is anticipated in December 2026. The company is also progressing with projects like Ghitorni and Sector 37-D, with sales for 37-D expected to commence in January 2027.
The company’s consolidated order book as of March FY26 was INR 1,27,000 crore, with current order book standing at INR 1,26,000 crore as of Q2 FY27, with no cancellations reported and work execution ongoing.
Source: BSE
