NBCC (India) Ltd

NBCC (India) on 11 April 2026, has entered into two different Memorandum of Understandings (MoUs) with Housing and Urban Development Corporation (HUDCO) as follows: 1. MoU for the Redevelopment of August Kranti Bhawan, Bhikaji Cama Place, New Delhi HUDCO and NBCC agree to collaborate and jointly work towards the redevelopment of leasehold plot admeasuring approx. 18830 sqmt. at Block No. 25, August Kranti Bhawan, Bhikaji Cama Place, New Delhi. NBCC shall render Techno-economic feasibility study, Construction and Project Management, Monetization of built-up space etc. 2. MoU for providing funds for the ongoing and upcoming projects of NBCC's self sustainable model Reinforcing cooperation and collaboration to leverage respective strengths for undertaking Asset Monetization activities for NBCC's self-sustainable model projects. HUDCO shall provide funds for ongoing and upcoming projects of NBCC's self sustainable model on mutually agreed terms and conditions. NBCC shall provide Project Management and Marketing consultancy services. The partnership is expected to expedite projects execution, enhance assets value, and contribute to urban infrastructure development. The said MoUs are in the normal course of business of the Company.

Under the mandate, the company will provide consultancy services for planning, design, and procurement for the construction of 1,008 affordable housing units, along with associated infrastructure such as a sewage treatment plant (STP). The project, valued at approximately $75 million, will be funded by the Export-Import Bank of India (EXIM Bank) under the Line of Credit (LoC) scheme. NBCC (India) operates in three major segments'project management consultancy, real estate, and engineering procurement & construction. The company's consolidated net profit advanced 38.5% to Rs 197.22 crore on a 7.6% rise in revenue from operations to Rs 3,022.39 crore in Q3 FY26 over Q3 FY25. The counter tumbled 3.89% to Rs 77.40 on the BSE.Powered by Capital Market - Live

The scope of work includes construction of various buildings, roads, and drainage systems, along with associated electrical and mechanical works. The project is being undertaken under an Infrastructure Development Grant. The contract, valued at approximately Rs 58.61 crore, has been awarded by a domestic entity and will be executed within a timeline to be specified. NBCC clarified that neither its promoter nor group companies have any interest in the awarding entity, and the contract does not fall under related party transactions. NBCC (India) operates in three major segments'project management consultancy, real estate, and engineering procurement & construction. The company's consolidated net profit advanced 38.5% to Rs 197.22 crore on a 7.6% rise in revenue from operations to Rs 3,022.39 crore in Q3 FY26 over Q3 FY25. Shares of NBCC (India) tanked 5.73% to end at Rs 79.10 on the BSE.Powered by Capital Market - Live

The projects comprise the redevelopment of Old Rajinder Nagar staff quarters valued at Rs 437.79 crore and Safdarjung Development Area staff quarters valued at Rs 337.48 crore. The order value excludes marketing fees, which will be determined at a later stage. Both contracts have been awarded in the normal course of business and will be executed under the project management consultancy (PMC) mode. The redevelopment will be undertaken on a self-sustainable model, wherein a portion of the built-up area (BUA) will be monetized to fund the project cost, while the balance BUA will be handed over for DDA staff use. The Old Rajinder Nagar project involves 117 dwelling units with an envisaged BUA of around 99,635 square meters. The Safdarjung Development Area project comprises 152 dwelling units with a tentative built-up area of 65,925 square meters. Final BUA approvals will be subject to a detailed survey and submission of the Detailed Project Report (DPR). The company clarified that neither the promoter nor the promoter group has any interest in the awarding authority, and the contracts do not qualify as related-party transactions. NBCC (India) operates in three major segments'project management consultancy, real estate, and engineering procurement & construction. The company's consolidated net profit advanced 38.5% to Rs 197.22 crore on a 7.6% rise in revenue from operations to Rs 3,022.39 crore in Q3 FY26 over Q3 FY25. Shares of NBCC (India) shed 0.01% to Rs 94.03 on the BSE.Powered by Capital Market - Live

NBCC (India) announced that the Board of Directors of the Company at its meeting held on 18 February 2026, inter alia, have recommended the interim dividend of Rs 0.12 per equity Share (i.e. 12%) , subject to the approval of the shareholders.Powered by Capital Market - Live

The first project, valued at Rs 14.72 crore, was awarded by the Rourkela Steel Plant (RSP), SAIL Rourkela. This work involves the development of sports infrastructure, lagoon de-silting, and lagoon gate repair or replacement. Additionally, it includes the renovation and upgrade of six conventional operation theaters into a Modular Operation Theatre Complex at Ispat General Hospital in Rourkela. The second and larger contract, worth Rs 90.23 crore, was awarded by NLC India. For this project, NBCC will serve as the project management consultant for the construction of a Rehabilitation and Resettlement (R&R) colony. This colony is for the Pachwara South-OCP of Neyveli Uttar Pradesh Power (NUPPL), located in the Dumka District of Jharkhand State. NBCC (India) is in business and operates in three major segments, namely project management consultancy, real estate, and engineering procurement & construction. The company's consolidated net profit advanced 25.21% to Rs 156.68 crore on an 18.99% rise in revenue from operations to Rs 2,910.19 crore in Q2 FY26 over Q2 FY25. The scrip fell 1.69% to currently trade at Rs 98.18 on the BSE. Powered by Capital Market - Live

NBCC (India) has received work orders worth Rs 104.95 crore. These include: Development of sports Infrastructure, Lagoon de-silting and lagoon gate repair/replacement and Renovation & Up-gradation of Existing six nos. of Conventional Operation Theatre (OTs) to Modular Operation Theatre Complex (OTs) at Ispat General Hospital at SAIL Rourkela Steel Plant (RSP), Rourkela. Project Management Consultant for Construction of Rehabilitation and Resettlement (R&R) colony for Pachwara South-OCP of Neyveli Uttar Pradesh Power (NUPPL) Dumka District of Jharkhand State. Powered by Capital Market - Live

NBCC (India) will hold a meeting of the Board of Directors of the Company on 18 February 2026.Powered by Capital Market - Live

NBCC (India) has received work order worth Rs 39.5 crore in normal course of business. Powered by Capital Market - Live

NBCC (India) will hold a meeting of the Board of Directors of the Company on 13 February 2026.Powered by Capital Market - Live