NBCC (India) Limited has been awarded work orders amounting to Rs 83.24 Cr in the ordinary course of business. The orders, secured on June 03, 2026, encompass Project Management Consultancy services across three distinct projects. The total value of these contracts is approximately Rs 83.24 Cr, excluding GST.

The first order, valued at Rs 39.99 Cr, was awarded by Canara Bank for the construction of a residential building at Plot No. 624/1617, Shimpoli Road, Borivali West, Mumbai. This domestic contract falls under the company's standard Project Management Consultancy operations.

The second project involves the upgradation of Bungalow No.1, Janpath, the residence of the Hon’ble Chief Minister, Govt. of Andhra Pradesh. Awarded by the Resident Commissioner Andhra Pradesh Bhavan, this order is worth Rs 5.51 Cr. The nature of the contract is Project Management Consultancy, and it is classified as a domestic engagement.

The third and largest order, valued at Rs 37.74 Cr, comes from the F&ARD Department Odisha, Bhubaneshwar. This contract covers the construction and expansion of Regional Veterinary Hospitals, Polyclinics, PCR Rooms, Diagnostic Laboratories, and various veterinary dispensaries and administrative offices across several districts in Odisha. Like the others, this is a domestic Project Management Consultancy assignment.

None of the orders involve any interest from the promoter, promoter group, or group companies in the entities awarding the contracts. Additionally, none of the transactions fall within related party transactions. The intimation was submitted to the exchanges under Regulation 30.

NBCC (India) Limited reported a consolidated net profit of ₹742.45 crore for the financial year ended March 31, 2026, a rise of 33.19% from the previous year. The company's consolidated total income increased by 7.52% to ₹13,195.89 crore, while standalone net profit grew 47.72% to ₹703.29 crore. The Board of Directors has recommended a final dividend of ₹0.46 per equity share for FY26, subject to shareholder approval.

Full-Year Financial Performance

The statutory auditors have expressed an unmodified opinion on the standalone and consolidated financial results. Consolidated revenue from operations for FY26 stood at ₹12,88,861.42 lakh, compared to ₹12,04,377.86 lakh in FY25. On a standalone basis, revenue from operations grew to ₹9,75,531.30 lakh from ₹8,73,056.17 lakh in the previous year.

Quarterly Highlights

For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹25,351.48 lakh. Consolidated revenue from operations for the quarter was ₹4,55,979.82 lakh, while total income stood at ₹4,61,859.64 lakh. On a standalone level, the net profit for Q4 FY26 was ₹22,006.05 lakh, with revenue from operations reaching ₹3,91,375.45 lakh.

Segment Performance

NBCC operates across three business segments: Project Management Consultancy (PMC), Real Estate, and Engineering, Procurement & Construction (EPC). For the full year, PMC contributed the largest share of revenue at ₹12,37,509.70 lakh, followed by EPC at ₹38,200.89 lakh and Real Estate at ₹10,009.45 lakh. In terms of segment results, PMC delivered a profit before tax and interest of ₹79,053.44 lakh.

Exceptional Items and Key Developments

During the year, the company reversed an exceptional loss of ₹8,015.53 lakh related to its Group Housing Real Estate project at Kochi, Kerala. This reversal followed the Hon'ble Supreme Court's judgment dated November 18, 2025, which recalled its earlier order and restored the original writ petitions. The inventory write-down recognised in FY 2024-25 was reversed, and the project was reinstated under Real Estate Inventory at original total cost.

Regarding the NBCC Green View project in Gurugram, the company recognised cumulative total provisions and write-offs amounting to ₹46,882.51 lakh up to March 31, 2026. A recovery suit for ₹75,000 lakh has been filed in the Delhi High Court, and 16 other litigations remain ongoing. Subsequent to the reporting date, the Department of Investment and Public Asset Management (DIPAM) conveyed its 'No Objection' on the proposed merger of HSCC (India) Limited with NBCC (India) Limited.

Dividend Declaration

The Board has recommended a final dividend of ₹0.46 per equity share (46%) on the face value of ₹1 each for FY 2025-26, subject to the approval of shareholders at the ensuing Annual General Meeting. During the quarter, the Board had also declared a third interim dividend of ₹0.12 per share, which was paid on March 12, 2026.