TickerSutra

NSE: NBCC · BSE: 534309 · ISIN INE095N01031

NBCC (India) Limited stock analysis

NBCC (India) Limited ranks #843 in the TickerSutra evidence-ranked universe with a score of 59/100 and 95% data confidence. The latest captured fundamentals show ROCE of 29.3%, quarterly sales growth of -5.5% and quarterly profit growth of 17.2%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE59/100

Monitor only

#843 of 5,430 ranked equities
Market capitalisation₹23,271.4cr
ROCE29.3%
Quarterly sales growth-5.5%
Quarterly profit growth17.2%
P/E ratio34.0×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • ROCE is 29.3%
  • Low debt/equity of 0×
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • No calculated threshold risk in the current snapshot.

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹7,691cr₹207cr₹238cr2.7%
2023₹8,876cr₹345cr₹278cr3.9%
2024₹10,407cr₹517cr₹414cr5.0%
2025₹12,044cr₹635cr₹557cr5.0%
2026₹12,889cr₹619cr₹742cr4.8%
TTM₹12,756cr₹660cr₹765cr5.0%
Debt / equity0.00×
CFO / EBITDA0.71×
Operating margin5.0%
Free cash flow₹402cr
Sales CAGR · 3Y13.2%
Profit CAGR · 3Y38.7%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts6 routine filings
RoutineChange in Directors/KMP/SMP/Auditor/RTANSE · 25 Sept 2026 · Structured filing

NBCC (INDIA) LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA

Readable disclosure summary

NBCC (INDIA) LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA

Open original XBRL source
RoutineTrading Window-XBRLNSE · 25 Sept 2026 · Structured filing

NBCC (INDIA) LIMITED has informed the Exchange about Closure of Trading Window

Readable disclosure summary

NBCC (INDIA) LIMITED has informed the Exchange about Closure of Trading Window

Open original XBRL source
RoutineNBCC (India) Ltd - 534309 - Intimation Of Opening Of Branch Office In AustraliaBSE · 15 Sept 2026

As per the attached intimation

RoutineUpdatesNSE · 15 Sept 2026

NBCC (India) Limited has informed the Exchange regarding 'Intimation of opening of Branch Office in Australia'.

RoutineShareholders meetingNSE · 15 Sept 2026

NBCC (India) Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 11, 2026. Further, the company has informed the Exchange regarding voting results.

MANAGEMENT COMMENTARY

Signals from filed documents

Capacity expansion plansHigh severity · 1 mention
Positive catalyst

Looking ahead, India’s economic outlook remains favourable, supported by sustained public investment, increasing private sector participation and rapid urbanisation. Continued emphasis on infrastructure creation and industrial capacity expansion is expected to strengthen demand across infrastructure-linked industries. Supported by strong macroeconomic fundamentals and policy support, the construction and project mana

Pricing pressureHigh severity · 1 mention
Negative warning

Resource constraints in these areas could impede successful diversification. Strategic, Operational, Financial & Compliance Risks NBCC is exposed to: Strategic Risks: Rapid technology changes, pricing pressures, and political or social uncertainties. Operational Risks: Delayed site handovers, unstable cash flows, and resource constraints.

Export market updatesModerate severity · 6 mentions
Constructive

This approach enables asset redevelopment without requiring upfront government investment, creating opportunities for project expansion. International Expansion and New Markets NBCC is exploring opportunities in international markets, including discussions for infrastructure projects in countries such as Australia and Seychelles, while also initiating development activities in Dubai. These initiatives are expected to

Management confidenceModerate severity · 2 mentions
Constructive

Whatever commitments we make, we make them with full sincerity and responsibility. Just as we transformed a loss-making company into a profit -making and 35 NBCC (India) Limited Q1 FY27 Earnings Conference Call 12.08.2026 miniratna organization within a short span of three years, we are confident of achieving similar success in our future endeavors. NBCC has a strong order book and a capable and dedicated workforce.

Regulatory updatesModerate severity · 35 mentions
Watch

We also invested in capability-building. Through 137 learning and development programmes delivered in partnership with leading national institutions, we strengthened technical expertise, leadership capability, governance, sustainability and regulatory excellence across the organisation. Recognising that a future-ready organisation is built on the capabilities of its people, NBCC has placed strong emphasis on strategi

Regulatory approvalLow severity · 12 mentions
Watch

The company has identified the key risk areas and has formulated a risk management policy to mitigate these risks. The said policy has been duly approved by the Board of Directors and, as represented by management, the same is stated to be based on global best practices, namely, ISO 31000:2018, COSO and other best practices. Further, the Company has not identified any data assets.

Institutional interestLow severity · 4 mentions
Watch

Further, the Board of Directors of the company in its meeting held on July 14, 2026 approved the draft scheme of Arrangement for merger between HSCC(India)Limited (Transferor Company), a wholly owned subsidiary of NBCC with NBCC (Transferee Company) under section 230-232 of the Companies Act 2013 and Rules made thereunder and the scheme has been filed with Ministry of Corporate Affairs (MCA). The Company has not rais

Delay in approvalLow severity · 2 mentions
Watch

Strengthened client confidence through transparent, graphical reporting of cash flow and physical progress. Purpose FY 2025–26 ImprovementT ool Cash flow management, procurement scheduling and resource allocation Reduced financial crunches through real-time financial oversight Consultant appointment, DPR submission and tender processing Finalization of scope of work and Reduced approval delays Real-time milestone, ma

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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