Rs 1,20,307 crore order book: Civil construction company signs MoU with Housing and Urban Development Corporation Ltd (HUDCO)

NBCC (India) Limited and Housing and Urban Development Corporation Ltd. (HUDCO) signed a Memorandum of Understanding (MoU). Under this agreement, NBCC was awarded a total of four project management consultancy contracts by HUDCO, all of which are domestic projects. These contracts have an approximate combined value of Rs 117.00 crore, excluding GST. The individual projects and their approximate values are: the Development of a Commercial Plot at Kaushambi, Ghaziabad (UP) for Rs 23.08 crore; the Development of a HUDCO Plot at Panchkula, Haryana for Rs 26.92 crore; the Construction of Additional Blocks at the HUDCO Regional Office in Ahmedabad, Gujarat for Rs 63.36 crore; and the Reconstruction of Flats at the Asian Games Village Complex (AGVC), New Delhi for Rs 3.65 crore.

These awarded projects fall under the category of Project Management Consultancy. The total value of Rs 117.00 crore is derived from the sum of the four individual contract values. These domestic contracts with HUDCO encompass a range of construction and development activities across different locations in India, including Uttar Pradesh, Haryana, Gujarat, and New Delhi. The MoU solidifies the collaboration between the two public sector entities in the urban and housing development sector.

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About the Company

NBCC (India) Limited, a prominent government-owned construction company under India's Ministry of Housing and Urban Affairs, offers a comprehensive suite of services across three key segments. Their project management consultancy (PMC) arm tackles civil construction projects for various sectors including residential, commercial, healthcare, and educational institutions. Additionally, they specialise in engineering, procurement, and construction (EPC) for complex structures like high-rise chimneys and cooling towers. Finally, NBCC (India) Limited is a major player in real estate development, building residential townships, apartments, commercial office spaces, and shopping malls.

According to the Quarterly Results, the net sales increased by 16 per cent to Rs 4,643 crore and the net profit increased by 30 per cent to Rs 183 crore in Q4FY25 over Q4FY24. In its annual results, the net sales increased by 15 per cent to Rs 12,039 crore and the net profit increased by 35 per cent to Rs 557 crore in FY25 over FY24.

The company's order book as of June 30, 2025, stands at Rs 1,20,307 crore. As of June 2025, the President of India owns a 61.75 per cent stake and the Life Insurance Corporation of India (LIC) owns a 5.11 per cent stake in the company. The stock is up by 65.6 per cent from its 52-week low is Rs 70.82 per share.

Disclaimer: The article is for informational purposes only and not investment advice.