NBCC (India) Limited has informed the Exchange about Transcript
NBCC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NBCC reported Q3 FY26 standalone total income of INR 2,088 crore and consolidated income of INR 3,022 crore (up 8% YoY), with standalone PAT of INR 196 crore (up 53% YoY). For 9M FY26, consolidated income stood at INR 8,329 crore (up 13% YoY). The company reaffirmed FY26 PAT guidance of INR 700-800 crore, and guided for FY27 revenue of INR 16,000-18,000 crore with PAT of INR 1,000-1,200 crore. Order book stands at INR 1,27,000 crore (consolidated), with major new projects including Supertech (INR 16,000 crore receivable), J&K and MAHAPREIT (~INR 40,000 crore), Mumbai Port Trust (INR 10,000+ crore), and Rajasthan Mandapam (INR 4,000 crore). Management expects FY28 PAT of ~INR 2,000 crore, potentially doubling in FY28-29 driven by real estate projects at Ghitorni and Gurugram 37D. Q3 margins were impacted by Delhi's GRAP construction ban, with management indicating recovery in Q4.
Positives include a robust INR 1,27,000 crore order book, multi-year revenue and profit growth visibility through FY28-29, and landmark Supreme Court backing for the Supertech project. Near-term concern is Q3 margin pressure from GRAP restrictions, though management views this as temporary. Stock could react positively given the clear forward earnings trajectory and execution catalysts, but delivery on the ambitious FY27-28 targets remains key for sustained re-rating.