BSEHighPositive
Announced Thu, 12 Jun · 18:00 IST

As per attached intimation

Order Above 5pct RevenueBusiness Updates View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NBCC (India) Limited has been awarded 9 new work orders worth approximately Rs. 518.49 Crore (excluding GST) by Navodaya Vidyalaya Samiti. The work involves construction of permanent campuses for Jawahar Navodaya Vidyalayas (JNVs) across four states — Arunachal Pradesh, Manipur, Assam, and Telangana. The individual order values range from Rs. 11.08 Crore (Sonitpur, Assam) to Rs. 75.90 Crore (Lepa Rada, Arunachal Pradesh). All orders are domestic in nature and will be executed under the Project Management Consultancy model. The filing confirms there is no related-party interest involved in these contracts.

Likely market impact

This is a meaningful order inflow that adds to NBCC's order book from a government client, supporting revenue visibility. The combined value is roughly 6-7% of NBCC's annual revenue, making it a positive but not transformative development for shareholders.