NBCC (India) Limited
NSE: NBCC · Civil Construction · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 119 companies in Civil Construction (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹6,516 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 32,874.2x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 40% of net profit in the last 12 months.
- Debtor days went from 102 (FY24) to 144 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹68.65 on 2026-10-26: -45.5% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | 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 |
| EBITDA | 100 | 142 | 194 | 110 | 101 | 194 | 287 | 155 |
| OPM % | 4.1% | 5.0% | 4.2% | 4.6% | 3.5% | 6.4% | 6.3% | 6.9% |
| Other income | 67 | 55 | 58 | 74 | 107 | 72 | 59 | 61 |
| Net profit | 122 | 138 | 176 | 132 | 154 | 193 | 241 | 155 |
| EPS (₹) | 0.30 | 0.51 | 0.65 | 0.49 | 0.57 | 0.71 | 0.89 | 0.57 |
| Revenue YoY | +18.4% | +6.9% | -1.8% | -5.5% | ||||
| Profit YoY | +25.7% | +39.4% | +37.2% | +17.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 7,691 | 8,754 | 10,433 | 12,039 | 12,889 | 12,752 |
| EBITDA | 131 | 171 | 330 | 528 | 697 | 737 |
| Net profit | 224 | 267 | 402 | 541 | 720 | 743 |
| EPS (₹) | 0.83 | 0.99 | 1.49 | 2.00 | 2.67 | 2.74 |
| Revenue growth | +13.8% | +19.2% | +15.4% | +7.1% | +3.5% | |
| Profit growth | +18.9% | +50.6% | +34.8% | +33.1% | +30.6% | |
| Dividend / share (₹) | 0.47 | 0.50 | 0.54 | 1.16 | 0.68 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +13.8% | +13.5% | +3.5% |
| Net profit | +39.2% | +26.6% | +30.6% |
| EPS | +39.4% | +26.6% | – |
| Share price | – | -16.5% (2y) | -36.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,944 | 2,226 | 2,479 | 3,017 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 4,920 | 5,447 | 5,962 | 6,516 |
| Total assets | – | 12,879 | 12,780 | 13,641 | 16,274 |
| Fixed assets | – | 165 | 168 | 168 | 595 |
| Capital work in progress | – | 4 | 12 | 4 | 38 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 1,945 | 2,902 | 3,062 | 5,092 |
| Inventory | – | 1,408 | 1,202 | 974 | 1,194 |
| Payables | – | 3,497 | 4,121 | 4,756 | 6,355 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 80 | -440 | 73 | 657 | 439 |
| Cash from investing | 33 | 339 | -218 | 573 | 250 |
| Cash from financing | -95 | -90 | -103 | -269 | -201 |
| Capex | 6 | 11 | 16 | 320 | 37 |
| Free cash flow | 73 | -452 | 57 | 337 | 402 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 13.7% | 18.0% | 21.8% | 23.9% |
| ROCE % | – | 19.2% | 25.1% | 30.5% | 32.8% |
| Debtor days | – | 81 | 102 | 93 | 144 |
| Inventory days | – | 4,714 | 4,432 | 924 | 1,806 |
| Payable days | – | 11,711 | 15,195 | 4,512 | 9,613 |
| Cash conversion cycle (days) | – | -6,916 | -10,661 | -3,495 | -7,663 |
| Working capital days | – | 18 | 59 | 58 | 65 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 61.75% |
| FIIs | 4.39% |
| DIIs | 10.19% |
| of which Mutual funds | 5.22% |
| of which Insurance | 4.86% |
| Government | 0.00% |
| Public (non-institutions) | 23.66% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 61.75% | 61.75% | 61.75% | 61.75% | 61.75% | 61.75% | 61.75% | 61.75% |
| Promoter group | % |
|---|---|
| President of India | 61.75% |
| Public holders above 1% | % |
|---|---|
| Life Insurance Corporation of India | 4.50% |
| Cpse Exchange Traded Scheme (Cpse ETF) | 1.21% |
12,33,792 shareholders. Pledged: 0.00% of promoter shares.
Peers in Civil Construction
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LT | ₹5,06,276 cr | 30.5x | 4.6x | 16.7% | 12.8% | 9.4% | +22.2% | 0.92% |
| RVNL | ₹38,083 cr | 42.4x | 3.9x | 9.3% | 10.5% | 4.3% | +0.2% | 1.51% |
| KPIL | ₹22,134 cr | 19.5x | 2.8x | 15.9% | 17.7% | 8.4% | +18.4% | 0.69% |
| IRB | ₹19,639 cr | 20.6x | 0.9x | 4.7% | 7.6% | 53.9% | +6.1% | 0.65% |
| CEMPRO | ₹19,444 cr | 32.3x | 8.1x | 28.4% | 32.3% | 10.4% | +25.5% | 0.18% |
| NBCC | ₹18,536 cr | 25.1x | 6.1x | 27.0% | 33.9% | 5.8% | +13.8% | 1.08% |
| ENGINERSIN | ₹13,725 cr | 17.5x | 4.4x | 27.0% | 28.8% | 19.4% | +5.7% | 1.84% |
| TECHNOE | ₹9,612 cr | 22.3x | 2.3x | 10.9% | 13.7% | 14.0% | +57.7% | 1.09% |
| IRCON | ₹9,177 cr | 17.5x | 1.4x | 8.1% | 8.2% | 8.3% | -4.4% | 2.25% |
| RITES | ₹9,102 cr | 21.9x | 3.4x | 15.7% | 22.5% | 22.6% | -2.8% | 4.59% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| PMC | ₹12,375 cr | 96.0% | ₹790 cr | 6.4% |
| EPC | ₹382 cr | 3.0% | ₹28 cr | 7.3% |
| Real Estate | ₹100 cr | 0.8% | ₹106 cr | 106.4% |
| Unallocated | ₹31 cr | 0.2% | ₹66 cr | 211.6% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-28 | Dividend | Dividend - Re 0.46 Per Share |
| 2026-08-17 | Dividend | Interim Dividend - Re 0.15 Per Share |
| 2026-02-25 | Dividend | Interim Dividend - Re 0.12 Per Share |
| 2025-11-19 | Dividend | Interim Dividend - Re 0.21 Per Share |
| 2025-08-29 | Dividend | Dividend - Re 0.14 Per Share |
| 2025-08-13 | Dividend | Interim Dividend - Re 0.21 Per Share |
| 2025-02-18 | Dividend | Interim Dividend - Re 0.53 Per Share |
| 2024-10-07 | Bonus | Bonus 1:2 |
| 2024-09-06 | Dividend | Dividend - Re 0.63 Per Share |
| 2023-09-01 | Dividend | Dividend - Re 0.54 Per Share |
| 2022-09-01 | Dividend | Dividend - Re 0.50 Per Share |
| 2021-09-22 | Dividend | Dividend - Rs 0.47 Per Share |
| 2020-11-26 | Dividend | Dividend - Rs 0.135 Per Share |
| 2019-09-12 | Dividend | Annual General Meeting/Dividend - Rs 0.65 Per Share |
| 2018-09-06 | Dividend | Annual General Meeting/Dividend Re 0.56 Per Share |
| 2018-04-25 | Split | Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share |
| 2018-03-15 | Dividend | Interim Dividend - Re 0.55 Per Share (Purpose Revised) |
| 2017-09-07 | Dividend | Annual General Meeting/ Dividend - Rs 1.10 Per Share |
| 2017-03-29 | Dividend | Interim Dividend Re 0.53 Per Share (Purpose Revised) |
| 2017-02-17 | Bonus | Bonus 1:2 |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Project Management consultancy: The Company provides management and consultancy for a range of civil construction projects including residential and commercial complexes, re-development of old government colonies, education and medical institutions, infrastructure project roads, water supply systems, storm water systems and water storage solutions
- Engineering Procurement and Construction: NBCC operates in the Infrastructure Segment as well, wherein it executes projects such as High-Rise Chimneys, Cooling Towers, Coal Handling Plants etc. Under EPC, our services include Project conceptualization, Feasibility studies, Detailed Project Reports, Tender Specifications and various packages, Basic and Detailed Engineering, Review of Projects, Procurement, Construction, Drawings, commissioning & Testing, and handing it over to clients in ready to use and functional conditions.
- Real Estate Development: Real Estate Development focuses primarily on residential and commercial projects such as corporate office buildings and commercial complexes. Real Estate activities includes Development of Real Estate Projects like Residential, Commercial and Institutional projects.
| Sector | Industrials |
| Industry | Civil Construction |
| Sub-industry | Civil Construction |
| Symbol | NBCC |
| BSE code | 534309 |
| ISIN | INE095N01031 |
| Face value | ₹1.0 |
| Incorporated | 1960-11-15 |
| Website | https://www.nbccindia.in |
| Plants (India / abroad) | 310 / 7 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.