NBCC Secures ₹264.16 Crore Construction Order from NIT Kurukshetra

State-owned infrastructure company NBCC announced on Monday, February 24, 2025, that it has secured a construction order worth ₹264.16 crore from the National Institute of Technology (NIT) Kurukshetra.

The contract involves the construction of multiple buildings, including an academic block, hostel block, residential block, director’s residence, vertical extension of hotels and academic buildings, and other external development work.

The project will be executed under the engineering, procurement, and construction (EPC) mode.

Recent Order Wins Totaling ₹851.69 Crore

This latest contract follows two significant orders that NBCC secured last week, collectively valued at ₹851.69 crore.

• Damodar Valley Corporation Order (₹776.75 Crore)

This contract involves the construction of buildings and associated works for townships in Durgapur, Koderma, and Raghunathpur in Kolkata.

• Ministry of Housing and Urban Affairs Order (₹74.94 Crore)

This project entails maintenance work for the New Moti Bagh GRPA Complex for two years, extending until FY27.

Q3FY25 Performance 

NBCC has reported strong financial results for the December quarter, reflecting significant growth across key metrics. The company’s net profit surged 25.1% to ₹138.5 crore, compared to ₹110.7 crore in the same period last year.

Revenue from operations increased 16.6% to ₹2,827 crore, up from ₹2,423.5 crore in Q3FY24. EBITDA saw a 22% rise, reaching ₹142 crore from ₹116.8 crore in the previous year, while the EBITDA margin improved to 5% from 4.8%, highlighting operational efficiency gains.

Stock Performance 

On February 24, 2025, NBCC share price ended 1.45% lower at ₹79.95. NBCC’s share price reached a 52-week high of ₹139.00, and a 52-week low of ₹70.14. As per BSE, the total traded volume for the stock stood at 7.55 lakh shares with a turnover of ₹6.05 crore.

At the current price, NBCC shares are trading at a price-to-earnings (P/E) ratio of 49.05x, based on its trailing 12-month earnings per share (EPS) of ₹1.63, and a price-to-book (P/B) ratio of 9.66, according to exchange data.

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