Rs 1,20,533 crore order book: Civil construction company signs MoU with Madhya Pradesh Gramin Bank (MPGB)

NBCC (India) Ltd has signed a Memorandum of Understanding (MoU) with Madhya Pradesh Gramin Bank (MPGB) for a construction project in Indore, Madhya Pradesh, valued at approximately Rs 45.30 crore (excluding GST). This work, in the normal course of NBCC's business, involves developing a modern institutional campus that includes the Bank's Head Office, Training Centre with hostel facilities, and Executive Quarters. Executed on a deposit work basis, this project aligns with NBCC's strategy to expand its institutional portfolio and contribute to infrastructure growth in Tier-II cities, fostering financial inclusion in rural and semi-urban India.

Additionally, on July 30, 2025, NBCC (India) Limited signed another Memorandum of Understanding (MoU) with the Department of Post of the Government of India. This strategic partnership focuses on developing various land parcels across India using NBCC's self-sustainable redevelopment model. Under this MoU, NBCC will serve as the Project Management and Marketing Consultant to ensure optimum monetisation of these land parcels, with the project values to be determined and communicated on a case-to-case basis as specific projects are identified and detailed.

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 March 31, 2025, stands at Rs 1,20,530 crore. As of March 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 over 50 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.