NBCC (India) Limited announced a 20% year-on-year increase in consolidated revenue for Q2 FY26, reaching ₹3,017 crores. Standalone PAT stood at ₹173 crores, marking a significant 40% year-on-year growth. The company secured new business worth ₹6,800 crores in Q2, bringing the total secured in the first half of FY26 to ₹10,000 crores.
Financial Performance
NBCC (India) Limited reported strong financial results for the second quarter of FY26. Key highlights include:
- Consolidated revenue of ₹3,017 crores, a 20% year-on-year increase.
- Standalone PAT of ₹173 crores, a significant 40% year-on-year growth.
- Consolidated PAT of ₹157 crores, marking a 25% year-on-year growth.
The EBITDA margin experienced a slight reduction quarter-to-quarter due to reduced contributions from real estate projects and lower marketing fees from Amrapali projects.
Order Book and New Business
NBCC’s order book remains strong, with:
- Standalone order book at ₹1,12,000 crores.
- Consolidated order book at ₹1,28,000 crores.
The company secured new business worth ₹6,800 crores on a consolidated basis in Q2 FY26, bringing the total for the first half of FY26 to ₹10,000 crores. Major projects secured during the quarter include:
- RIICO project (Rajasthan State Industrial Development and Investment Corporation) worth around ₹3,136 crores.
- Development of Naveen Nagpur for NMRDA around ₹3,000 crores.
- African Zoo, Safari Plaza, and related works for ₹355 crores.
- MoU with the Department of Postal for land development across India.
Project Updates
Key project updates include:
- GPRA development work contributed ₹1021 crores to the top line in H1 FY26.
- The first phase of the Netaji Nagar project (valued at ₹1,450 crores) is around 93% complete.
- Sarojini Nagar project is ongoing with 10 packages worth ₹8,000 crores.
- Amrapali Stalled project contributed ₹1054 Cr in the top-line for H1 FY26.
Future Outlook
NBCC is targeting a revenue growth of 20% and a PAT margin in the vicinity of 7% to 8%. The company anticipates significant contributions from ongoing and upcoming redevelopment projects, including MAHAPREIT and J&K.
Source: BSE