Rs 1,20,533 crore order book: Civil construction company receives new order worth Rs 354.88 crore from FDCM Gorewada Zoo Ltd
The stock is up by 75.5 per cent from its 52-week low is Rs 70.82 per share.
NBCC (India) Limited has been awarded a work order valued at approximately Rs 354.88 Crore (excluding GST) from FDCM Gorewada Zoo Limited, a domestic entity. The contract entails providing Project Management & Supervision services for the execution of the African Zoo, Safari Plaza, Animal Hospital & Quarantine facility, and other allied works. This significant project management consultancy work falls within NBCC's normal course of business.
Earlier, NBCC (India) Limited had received a work order for approximately Rs 296.53 Crore (excluding GST) from the Meerut Development Authority (MDA). This domestic contract involved providing project management consultancy services for the redevelopment projects of Meerut Development Authority (MDA) in Meerut, Uttar Pradesh.
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.
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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 by 75.5 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.