NBCC Share Price in Focus After Securing ₹3,000 Crore Township Project in Nagpur

As per PTI news report, NBCC India Ltd, a prominent Navratna CPSE, has announced a significant achievement by securing a large-scale township construction project in Nagpur. The ₹2,966 crore contract, part of the Naveen Nagpur project initiated by the NMRDA, positions NBCC as the official Executing and Implementing Agency and Project Management Consultant. 

NBCC to Develop ₹2,966 Crore Phase of Naveen Nagpur Project 

On November 24, 2025, NBCC revealed that it had signed a formal agreement with the Nagpur Metropolitan Region Development Authority (NMRDA) to execute the first phase of the Naveen Nagpur township project. The development covers 1,710 acres and is recognised as one of the largest planned urban infrastructure initiatives in the region. The first phase is valued at approximately ₹2,966 crore. 

NBCC will play a dual role in this project — both executing the construction and offering project management consultancy (PMC) services. A memorandum of understanding (MoU) was previously signed on September 8, 2025, with implementation now underway. 

Read More: NBCC Share Price Surges Over 3% on Securing Orders Worth ₹116.95 Crore! 

NBCC’s Q2 FY26 Earnings Results 

In Q2 FY26, NBCC recorded a 25% uptick in consolidated net profit, reaching ₹156.68 crore compared to ₹125.13 crore in the same quarter last fiscal. Revenue from operations rose by 19% year-on-year to ₹2,910.20 crore, against ₹2,445.73 crore in Q2 FY25. 

The PMC segment continued to be the major contributor, generating ₹2,835.94 crore in Q2 FY26, up by 30.22% Year-on-Year. However, the EPC segment fell sharply, with revenue down by 67.84% to ₹67.4 crore. The real estate business also saw a substantial decline of 91.88%, contributing just ₹4.66 crore during the quarter. 

NBCC’s Role as a Key PSU in Urban Infrastructure 

NBCC, established in 1960 and granted Navratna status in 2014, has stayed at the forefront of government-backed construction and real estate development. Headquartered in New Delhi, its portfolio includes major public buildings, housing projects, and government offices across India and select global markets. The company’s structure includes multiple Regional Business Groups and Strategic Business Groups streamlining its varied operations. 

NBCC (India) Share Price Performance  

As of November 25, 2025, at 11:57 AM, NBCC (India) share price on NSE was trading at ₹117.01 up by 0.46% from the previous closing price. 

Conclusion 

NBCC’s new township project in Nagpur reaffirms its capability in handling large infrastructure assignments as a key player in India's urban expansion. The ₹2,966 crore project aligns with the CPSE's growing portfolio in PMC and EPC services, despite challenges in other segments during the fiscal. 

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