NBCC (India) share price
NSE: NBCCBSE: 534309ConstructionSmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹70.50.
28 Oct: open ₹69.99, high ₹70.48, low ₹69.03
- Next results date: the board meets on 5 Nov 2026 to consider: financial results and dividend. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹18,857 Cr294th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 25.39
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹80 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 28.46
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 6.25
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.35%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 27.0%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹80 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 24.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 20.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 40,55,95029.9% delivered
About NBCC (India)
NBCC (India) Limited is a Navratna central public sector enterprise (a company controlled by the central government, with a status that gives its board wider financial powers) under the Ministry of Housing and Urban Affairs.1 NBCC provides project management consultancy, engineering, procurement and construction (EPC) and real estate development services to government departments, public sector undertakings and institutional clients across India, with a presence in select markets abroad.12
Its projects span redevelopment of government colonies, revival of stalled housing projects, hospitals, educational campuses, housing and transport.2 Its operating model gives the physical building work to contractors.1 It delivered Bharat Mandapam, the G20 Summit venue, in 2023.3
It was incorporated in 1960, began overseas work in 1977 and listed on Indian stock exchanges through an initial public offering in 2012.243 It acquired Hindustan Steelworks Construction Limited (HSCL), a construction company in which it holds 51%, on 1 Apr 2017, and HSCC (India) Limited, a healthcare consultant, on 24 Dec 2018.5
The Government of India is the majority owner of NBCC, and the President of India, acting through the Ministry of Housing and Urban Affairs, appoints its board.67 Its other subsidiaries are NBCC Services Limited, which does maintenance work, and NBCC Overseas Real Estate LLC and NBCC DWC-LLC abroad.89
NBCC (India) key points
Results
- In the year to Mar 2026, consolidated revenue from operations was ₹12,888.61 crore, core EBITDA (operating profit before interest, tax, depreciation and amortisation, leaving out other income) ₹616.99 crore and profit after tax ₹742.45 crore.10
- On a standalone basis, total income crossed ₹10,000 crore for the first time in the year to Mar 2026, at ₹10,055.45 crore, and profit after tax rose 47.72% to ₹703.29 crore.11
- Consolidated revenue from operations was ₹2,260 crore in the quarter to Jun 2026; management said subsidiary HSCC's revenue dipped because of the merger and a foreclosed low-fee Maharashtra government project.1213
- On a standalone basis, revenue from operations rose 10% to ₹1,823 crore and profit after tax rose 32% to ₹150.65 crore in the quarter to Jun 2026.14
Business segments
- Consolidated revenue by segment15
Item year to Mar 2026 year to Mar 2025 Project management consultancy (PMC) ₹12,375.10 crore ₹11,003.21 crore Engineering, procurement and construction (EPC) ₹382.01 crore ₹735.63 crore Real estate ₹100.09 crore ₹258.96 crore - Project management consultancy. PMC runs government projects in healthcare, education, housing and institutional buildings; its consolidated profit before tax was ₹790.53 crore in the year to Mar 2026.1617
- Engineering, procurement and construction. EPC covers civil and structural works for power projects, chimneys, cooling towers and housing; the annual report for the year to Mar 2026 states NBCC has completed 2,000 social housing units in the Maldives as an EPC project.1819
Order book
- The consolidated order book (work won but not yet carried out) was ₹1,26,964 crore at the end of June 2026.20
- Order book by group company, end of March 202621
Item Mar 2026 NBCC ₹1,13,004 crore HSCC ₹7,782 crore HSCL ₹6,708 crore NBCC Services ₹326 crore - New consolidated business secured was ₹18,780 crore in the year to Mar 2026, excluding goods and services tax (GST).22
Redevelopment and stalled housing
- Under its self-sustainable redevelopment model, NBCC rebuilds old government colonies and office complexes and sells part of the new commercial and residential space to recover the whole construction cost.23
- The redevelopment of the 7 General Pool Residential Accommodation (GPRA) government housing colonies is to deliver about 21,000 homes; on its call of 12 Aug 2026, management said it had about ₹10,000 crore of work orders in hand there.2425
- On a Supreme Court mandate, NBCC is executing 38,000 homes across 25 stalled Amrapali projects in Noida and Greater Noida, sanctioned at ₹8,598 crore; more than 32,500 were complete as of the annual report for the year to Mar 2026.26
- The Supreme Court upheld NBCC's appointment to complete 50,000 stalled Supertech homes across 16 projects, with an estimated topline (revenue) of ₹10,000 crore.27
What the company expects
- On its earnings call of 12 Aug 2026, the company said it expects new orders of ₹50,000 to 60,000 crore in the year to Mar 2027, of which it may get about ₹30,000 crore from GPRA redevelopment.28
- The company said on 12 Aug 2026 that it had committed to award a minimum of ₹20,000 to 25,000 crore of work to contractors in the year to Mar 2027.29
- The company said on 12 Aug 2026 that it expects consolidated revenue of about ₹21,000 crore in the year to Mar 2028 and ₹24,000 to 25,000 crore in the year to Mar 2029.30
- The company said on the same call that it expects consolidated profit after tax of ₹1,300 to 1,400 crore in the year to Mar 2028 and about ₹2,000 crore in the year to Mar 2029.31
Recent events
- In its exchange filing of 29 Jul 2026, NBCC said it had signed an agreement with the Government of Seychelles for the Ile Aurore Housing Project of 1,008 affordable homes, a $75 million project funded by EXIM bank under a line of credit (a loan).32
- On 14 Jul 2026, the board approved merging the wholly owned subsidiary HSCC (India) Limited into NBCC, with an appointed date of 1 Apr 2026; the scheme was filed with the Ministry of Corporate Affairs on 17 Jul 2026 and is subject to government approval.333435
- On 14 Jul 2026, NBCC disclosed a ₹430.69 crore order, excluding GST, from the Rajasthan Council of School Education to build 2,256 science laboratories in 922 government schools in Rajasthan.3637
Litigation and regulatory matters
- NBCC's Green View housing project in Sector 37-D, Gurugram, showed structural cracks; provisions and write-offs on it totalled ₹46,882.51 lakh up to 31 Mar 2026, and NBCC's ₹75,000 lakh recovery suit and 16 other cases were ongoing.38
- A value added tax demand (DVAT demand) of ₹40,480.01 lakh was set aside by the Appellate Tribunal on 10 Nov 2022 and sent back for recalculation; the annual report for the year to Mar 2026 states no new order had been received.39
Last updated
All 39 sources, each with its page
- 1. Annual report, 20 Aug 2026, page 83
- 2. Annual report, 20 Aug 2026, page 6
- 3. Annual report, 20 Aug 2026, page 12
- 4. Annual report, 20 Aug 2026, page 16
- 5. Annual report, 20 Aug 2026, page 7
- 6. Annual report, 20 Aug 2026, page 32
- 7. Annual report, 20 Aug 2026, page 93
- 8. Annual report, 20 Aug 2026, page 61
- 9. Annual report, 20 Aug 2026, page 111
- 10. Annual report, 20 Aug 2026, page 23
- 11. Annual report, 20 Aug 2026, page 19
- 12. Earnings call, 12 Aug 2026, page 3
- 13. Earnings call, 12 Aug 2026, page 15
- 14. Investor presentation, 11 Aug 2026, page 8
- 15. Annual report, 20 Aug 2026, page 87
- 16. Annual report, 20 Aug 2026, page 9
- 17. Annual report, 20 Aug 2026, page 19
- 18. Annual report, 20 Aug 2026, page 10
- 19. Annual report, 20 Aug 2026, page 11
- 20. Investor presentation, 11 Aug 2026, page 14
- 21. Annual report, 20 Aug 2026, page 19
- 22. Annual report, 20 Aug 2026, page 24
- 23. Annual report, 20 Aug 2026, page 31
- 24. Annual report, 20 Aug 2026, page 19
- 25. Earnings call, 12 Aug 2026, page 31
- 26. Annual report, 20 Aug 2026, page 19
- 27. Annual report, 20 Aug 2026, page 19
- 28. Earnings call, 12 Aug 2026, page 7
- 29. Earnings call, 12 Aug 2026, page 23
- 30. Earnings call, 12 Aug 2026, page 16
- 31. Earnings call, 12 Aug 2026, page 16
- 32. Exchange filing, 29 Jul 2026, page 1
- 33. Exchange filing, 14 Jul 2026, page 1
- 34. Exchange filing, 18 Jul 2026, page 1
- 35. Annual report, 20 Aug 2026, page 77
- 36. Exchange filing, 14 Jul 2026, page 1
- 37. Exchange filing, 14 Jul 2026, page 1
- 38. Annual report, 20 Aug 2026, page 145
- 39. Annual report, 20 Aug 2026, page 249
Results
Consolidated; ₹ crore.NBCC (India) quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +3.5%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +30.6%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹2,260 Crdown 50.45%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹158 Crdown 37.67%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 7.0%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,459 | 2,827 | 4,643 | 2,391 | 2,910 | 3,022 | 4,560 | 2,260 |
| Net profit | 125 | 142 | 183 | 135 | 157 | 197 | 254 | 158 |
| Net margin | 5.1% | 5.0% | 3.9% | 5.6% | 5.4% | 6.5% | 5.6% | 7.0% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹12,889 Crup 7.06%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹742 Crup 33.19%
- Net margin
- 5.8%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2019, the company's revenue for that year, ₹9,943 Cr, differs from its quarters added, ₹8,836 Cr.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,313 | 6,942 | 9,943 | 8,087 | 6,832 | 7,691 | 8,754 | 10,433 | 12,039 | 12,889 |
| Net profit | 355 | 372 | 392 | 100 | 236 | 238 | 278 | 414 | 557 | 742 |
| Net margin | 5.6% | 5.4% | 3.9% | 1.2% | 3.5% | 3.1% | 3.2% | 4.0% | 4.6% | 5.8% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- PMCPMC, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹12,375 Crup 12.47%96.3%
- EPCEPC, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹382 Crdown 48.07%3.0%
- Real EstateReal Estate, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹100 Crdown 60.55%0.8%
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2019: days before it are of the company before the change.NBCC (India) PE ratio and valuation
At or below today's level on 26% of 2,054 trading days over the last 10 years.
At or below today's level on 54% of 1,970 trading days since Nov 2018.
At or below today's level on 77% of 2,418 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −4.0% | +33.5% | −29.1% | 1.3% |
| 3 years | +49.5% | +39.4% | +6.6% | 0.9% |
| 5 years | +21.1% | +26.6% | −5.3% | 1.1% |
Mutual fund holdings
89 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 69 of the 70 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 89 funds holding NBCC (India)
- AddedAdded. Funds that held more shares than at the end of the month before.
- 21
- CutCut. Funds that held fewer shares than at the end of the month before.
- 49
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 19
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 1
| Fund | |||
|---|---|---|---|
| 2,91,76,199 | 1.23% | ₹229.0 Cr | |
| 1,63,41,750 | 0.36% | ₹128.3 Cr | |
| 1,01,72,500 | 0.17% | ₹79.9 Cr | |
| 1,01,09,782 | 0.90% | ₹79.4 Cr | |
| 65,97,500 | 0.19% | ₹51.8 Cr | |
| 56,81,000 | 0.06% | ₹44.6 Cr | |
| 52,80,000 | 0.77% | ₹41.4 Cr | |
| 50,37,500 | 0.16% | ₹39.5 Cr | |
| 44,65,500 | 0.52% | ₹35.1 Cr | |
| 34,71,983 | 0.29% | ₹27.3 Cr |
NBCC (India) competitors and peers
Civil Construction, 169 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to NBCC (India) in market cap.Construction companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 38,385 | 42.67 | 3.91 | +5.4% | −24.5% | 9.3% | 5.8% | 0.93% | |
| 22,688 | 37.72 | – | +10.0% | +46.8% | 28.4% | 27.3% | 0.24% | |
| 22,622 | 19.91 | 2.91 | +14.6% | +60.9% | 15.9% | 15.9% | 0.83% | |
| 19,409 | 20.34 | – | −2.2% | −85.4% | 4.7% | 7.3% | 1.06% | |
| 14,408 | 18.37 | 4.58 | +16.3% | +41.6% | 27.0% | 22.5% | 1.95% | |
| 9,889 | 22.94 | 2.38 | +38.7% | −6.5% | 10.9% | 10.6% | 0.82% | |
| 9,451 | 18.05 | 1.42 | −9.9% | −21.6% | 8.1% | 4.9% | 1.89% | |
| 9,447 | 22.63 | 3.52 | +10.6% | +7.9% | 15.7% | 17.4% | 4.10% |
Dividends
Per share, by the year it was paid for, and the latest payments.NBCC (India) dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 28 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹0.46 |
| 17 Aug 2026 | Interim | ₹0.15 |
| 25 Feb 2026 | Interim | ₹0.12 |
| 19 Nov 2025 | Interim | ₹0.21 |
| 29 Aug 2025 | Final | ₹0.14 |
| 13 Aug 2025 | Interim | ₹0.21 |
Latest announcements
Routine notices left out.NBCC (India) announcements
Oct 2026
21 Oct
16 Oct · Business
9 Oct
NBCC (India) share price by year
Each calendar year to 2025.NBCC (India) share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 121.77 | +31.0% | 128.70 | 72.86 |
| 2024 | 92.95 | +71.0% | 130.47 | 53.73 |
| 2023 | 54.37 | +110.2% | 55.23 | 20.73 |
| 2022 | 25.87 | −15.7% | 35.57 | 18.30 |
| 2021 | 30.67 | +57.8% | 38.57 | 20.13 |
| 2020 | 19.43 | −16.4% | 26.07 | 10.23 |
| 2019 | 23.23 | −39.7% | 45.07 | 19.50 |
| 2018 | 38.50 | −53.2% | 84.50 | 32.50 |
| 2017 | 82.30 | +55.0% | 95.20 | 54.91 |
| 2016 | 53.10 | +20.7% | 62.41 | 37.24 |
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 69.00 | 70.50 | 68.50 | 70.50 | 69.69 | 60,11,431 | 40.4% |
| 26 Oct 2026 | 67.90 | 69.45 | 67.02 | 68.65 | 68.45 | 59,44,603 | 34.2% |
| 23 Oct 2026 | 70.50 | 70.80 | 67.30 | 67.90 | 68.33 | 73,98,917 | 33.1% |
| 22 Oct 2026 | 70.47 | 71.30 | 70.10 | 70.50 | 70.63 | 47,03,390 | 28.6% |
| 21 Oct 2026 | 73.91 | 74.06 | 70.74 | 71.45 | 71.84 | 59,69,927 | 41.5% |
| 19 Oct 2026 | 75.51 | 75.69 | 73.50 | 73.70 | 74.47 | 33,69,427 | 41.1% |
| 16 Oct 2026 | 75.52 | 76.30 | 75.00 | 75.51 | 75.65 | 35,82,893 | 31.0% |
| 15 Oct 2026 | 76.21 | 76.47 | 75.25 | 75.47 | 75.96 | 30,19,847 | 33.8% |
| 14 Oct 2026 | 77.08 | 77.20 | 76.20 | 76.21 | 76.61 | 36,30,444 | 33.5% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 7 Oct 2024 | Bonus | 0.6667 | Holders received 1 bonus share for every 2 held. |
| 25 Apr 2018 | Split | 0.5000 | Each share became 2. |
| 17 Feb 2017 | Bonus | 0.6667 | Holders received 1 bonus share for every 2 held. |
| 2 Jun 2016 | Split | 0.2000 | Each share became 5. |
Company details
- Chairperson and managing director
- KELLAMBALLY PUTTASWAMY MAHADEVASWAMY
- At the end of the quarter to Sep 2026
- NSE symbol
- NBCC
- BSE code
- 534309
- ISIN
- INE095N01031
- Industry
- Construction
- Website
- www.nbccindia.gov.in
- CIN
- L74899DL1960GOI003335
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1960
- Registered office
- NBCC Bhawan, Lodhi Road, New Delhi 110003, Delhi
- Share registrar
- Alankit Assignments Ltd
- Keeps the register of shareholders and handles transfers and dividend payments