NBCC wins massive Rs 15,000 cr order! The company has bagged a contract to develop a 406-acre satellite township at Rakh-e-Gund Akshah, Bemina in Srinagar.
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NBCC (India) Limited has secured new contracts valued at approximately Rs. 720 crores. The larger project involves the development of two land parcels in Jhansi on a self-sustainable basis for the Jhansi Development Authority. This contract, worth around Rs. 710 crores, represents the bulk of the new business. A smaller, Rs. 9.97 crore contract for the construction of a new building in Hyderabad for the Institute of Company Secretaries of India
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While the stock is doing well and my investment returns are decent, my one worry is about their margins.
Read somewhere that being a PSu they have limit restrictions of 5-6 .
Anyone has info on this ?
E.g. is it only for pay projects?
Will they ever be able to increase margins > 6%.
If not then the growth is limited to rev growth with sentiments (pe) volatility.
Pl share your thoughts.
Disc: invested in 2021 at lower levels and holding.
- 75 Crore Order win.
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Superb. Also making very good Cup with Handle Pattern. With highest TTM profit.
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Another order win
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UPDATED as orders arrive
Four New Orders in October:
- 3rd Oct: NBCC Secures New Work Orders Worth ₹47.04 Crore - Benzinga
- 9th Oct: NBCC Wins Rs 50 Cr Work Order For Construction Of Sports Complex In Odisha’s Dhamnagar
- 10th Oct: NBCC wins Rs 198 Cr Work order from SAIL Bokaro Steel Plant for installation of Rooftop Solar system.
- 10th Oct: NBCC (India) Limited has announced that its subsidiary, Hindustan Steelworks Construction Limited (HSCL), has secured a work order worth approximately ₹1,000 crore for the Campus Development of Gondwana University, Gadchiroli, Maharashtra. Link
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NBCC bonus shares credited to DP account on 11th oct as per RTA. Till date the trading approval is not accorded. Any regulation regarding the days in which the approval to be accorded? SEBI say the bonus should be made available to the customers in 2 days. The situation is like this. Wide gap between the concerned to act.
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NBCC order book currently at 84000 crore- targets 1 Trillion order book (1 Lakh Crore) by March 2025
Discl : I have invested and I may be biased.Not a buy sell recommendation.pleaee do your own assessment before investing
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they achieved way earlier. Their order book is morethan 1 lakh crores now.
NBCC recently awarded 215.63 crores of order 03-Apr-2025 on https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9ff1d185-8a47-4cf9-8500-dc295d707e36.pdf,
also got another order of 82 crores on 22- Mar-2025 https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=43b7200b-20ae-4482-88bc-7dcbdbd36ba0.pdf
also signed MoU of 25,000 crores on 26-Mar-2025 https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4204b253-4f99-453d-a83d-d64971b2efac.pdf.
Management expects order inflow of around 25K crores for FY26.
For FY25 they have a target of 19K crores.