NBCC Secures ₹134.05 Crore Odisha Education Infrastructure Orders

NBCC (India) Limited has secured work orders worth ₹134.05 crores for educational infrastructure projects in Odisha. The state-owned Navratna PSU announced these contract wins through regulatory filings, marking significant additions to its project portfolio in the eastern region.

Project Details and Contract Breakdown

The company received contracts from two government entities in Odisha for educational infrastructure development. Both orders involve project management consultancy services and will be executed as part of NBCC's regular business operations.

Project Details:	Contract 1	Contract 2
Client:	Maharaja Sriram Chandra Bhanja Deo University, Odisha	Odisha School Programme Authority, Bhubaneswar
Project Scope:	Construction, Repair/Renovation under PM-USHA	Civil works under Godabarisha Mishra Adarsha Prathamika Vidyalaya Scheme
Location:	Baripada, Mayurbhanj, Odisha	Odisha
Contract Value:	₹45.87 crores	₹88.18 crores
Nature:	Project Management Consultancy	Project Management Consultancy

Contract Specifications

The first project involves construction, repair, and renovation work at MSCB University under the PM-USHA (Pradhan Mantri Uchchatar Shiksha Abhiyan) scheme in Baripada, Mayurbhanj district. The second contract focuses on implementing civil works under the Godabarisha Mishra Adarsha Prathamika Vidyalaya Scheme, a state government initiative for primary school development.

Recent Business Performance

These latest orders follow NBCC's strong order acquisition momentum. The company had previously secured three domestic orders worth ₹220.31 crores, including a ₹163.12 crore contract from Canara Bank for constructing its head office at Manyata Tech Park in Bengaluru, and additional orders from Navodaya Vidyalaya Samiti worth ₹57.19 crores for projects in Maharashtra and Telangana.

Recent Order Summary:	Details
Current Odisha Orders:	₹134.05 crores
Previous Orders:	₹220.31 crores
Total Recent Wins:	₹354.36 crores
Business Type:	Domestic project management consultancy

Stock Performance and Market Impact

Shares of NBCC (India) Limited declined by 2.46% to close at ₹119.65 following the announcement. Despite the stock's performance, the combined order value represents significant business growth for the company in the educational infrastructure segment. All contract values are exclusive of GST and fall within the company's normal course of business operations.

Regulatory Compliance

NBCC has fulfilled its disclosure obligations by providing detailed information about both contracts to stock exchanges. The company confirmed that neither contract involves related party transactions, and there are no promoter group interests in the awarding entities, ensuring transparency in its business operations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.29%	-4.03%	+4.42%	-0.73%	+33.19%	+441.71%

State-owned Navratna PSU NBCC (India) Limited has announced securing three new domestic project management consultancy orders worth ₹220.31 crores from prominent clients including Canara Bank and Navodaya Vidyalaya Samiti. The company also reported strong Q2 financial performance with consolidated net profit growing 26% year-on-year.

Order Breakdown

The three orders span across different states and involve diverse construction projects, demonstrating NBCC's capability to handle varied infrastructure requirements.

Project Details:	Client	Location	Value (₹ Cr)
Head Office Annex Building Construction:	Canara Bank	Bengaluru, Karnataka	163.12
Boys Dormitory with Warden Residences:	Navodaya Vidyalaya Samiti	Jalna, Maharashtra	9.01
Permanent Campus Construction:	Navodaya Vidyalaya Samiti	Medchal, Malkajgiri, Telangana	48.18
Total Order Value:			220.31

Major Projects Overview

The largest contract involves planning, designing, and execution of construction of Head Office Annex Building for Canara Bank at Rachanahalli Village, Manyatha Tech Park, Bengaluru, valued at ₹163.12 crores. This represents the most significant portion of the total order value and showcases NBCC's capability in handling major corporate infrastructure projects.

The two orders from Navodaya Vidyalaya Samiti, an autonomous body under the Ministry of Education, include construction of educational infrastructure - a boys dormitory with four warden residences in Maharashtra worth ₹9.01 crores and a permanent campus in Telangana valued at ₹48.18 crores.

Q2 Financial Performance

The company delivered strong financial results for Q2, demonstrating robust operational execution across its project portfolio.

Financial Metrics:	Q2 Current	Q2 Previous	Growth (%)
Consolidated Net Profit:	₹153.50 cr	₹122.00 cr	+26.00%
Revenue from Operations:	₹2,910.20 cr	₹2,446.00 cr	+19.00%
EBITDA:	₹100.80 cr	₹100.30 cr	Marginal increase
Operating Margins:	3.50%	4.00%	Slight contraction

Business Impact and Market Performance

All three orders are classified as domestic project management consultancy contracts, reinforcing NBCC's strong position in India's construction sector. The company confirmed that promoters, promoter group and group companies have no interest in the entities awarding these projects, and the contracts do not qualify as related-party transactions.

Shares of NBCC closed at ₹121.70 apiece, down 0.18% from the day's opening. The secured orders provide visibility for future revenue streams and demonstrate continued client confidence in NBCC's construction and project management capabilities across different sectors including banking and education infrastructure.