Navratna PSU Stock: State-owned construction company NBCC India Ltd recently received three new work orders totaling ₹116.95 crore in a single day, strengthening the company’s business pipeline and future earnings prospects. These orders are related to various sectors such as banking, social empowerment, and horticulture.
First Work Order Details
NBCC’s first work order is worth approximately ₹45.09 crore and is related to the construction of the official premises of Canara Bank’s Regional/Circle Office Building in Ranchi. This project involves Project Management Consultancy (PMC) services, meaning NBCC will be responsible not only for construction but also for planning, monitoring, and ensuring timely completion, demonstrating its technical and management capabilities.
Second Work Order Details
The second work order, worth ₹29.49 crore, was received from the National Institute for Empowerment of Persons with Multiple Disabilities (NIEPMD). This order will provide PMC services for the construction of a new campus for the Composite Regional Centre in Madurai, Tamil Nadu, expanding facilities for persons with disabilities and strengthening NBCC’s presence in social infrastructure projects.
Third Work Order Details
The third work order, worth ₹42.37 crore, was received from the National Horticulture Board and is related to the International Potato Centre in Agra. The project, which includes planning, design, and execution, as well as other work related to the National Horticulture Board, will promote research and infrastructure related to agriculture and horticulture, and provide NBCC with experience in specialized technology projects.
Government Stake and Market Cap
The Central Government currently holds approximately 61.75 percent stake in NBCC India Ltd., making it a leading government construction PSU, making it a relatively reliable investment destination for investors. The company’s market cap exceeds ₹30,400 crore, reflecting its size, order book, and established market reputation.
Stock Performance and Price Level
The stock recently closed at around ₹112.70 on the BSE, compared to its face value of ₹1, reflecting a low face-value, high market-price structure. The stock has gained approximately 151% in the last two years and approximately 28% in the last one year, with a 52-week high of ₹130.60 and a low of ₹70.82, indicating a long-term positive trend despite volatility.
Q2 FY26 Results and Earnings
NBCC’s net consolidated profit increased by approximately 25% year-on-year to ₹156.68 crore in the July-September 2025 quarter, reflecting the company’s profit growth potential. During the same period, the company’s total income increased from approximately ₹2,512.95 crore to ₹3,017.15 crore, while for the full fiscal year 2025, standalone revenue reached ₹8,725.36 crore and net profit reached ₹476.11 crore, driven by strong order execution and improved operational efficiency.
Cues for Investors
New work orders, strong government support, strong quarterly results, and the stock’s strong performance over the past year indicate that the company’s growth trend is currently in a positive direction. However, before investing in any stock, investors should carefully consider their risk profile, time horizon, and the advice of a financial advisor, as markets are always volatile.
Disclaimer
This article is for general information purposes only and should not be construed as investment advice, a buy/sell recommendation, or financial guidance. Always make investment decisions based on your own research, understanding and the advice of a registered financial advisor.
