NBCCNSENBCC (India) Limited· ConstructionHighPositive
Announced Thu, 7 Aug · 15:09 IST

NBCC (India) Limited has informed the Exchange that Board of Directors at its meeting held on August 07, 2025, declared Interim Dividend of Rs. 0.21 per equity share.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NBCC's Board, on August 7, 2025, approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) and declared a 1st interim dividend of Rs. 0.21 per share (21% on face value of Rs. 1) for FY 2025-26, with record date set as August 13, 2025. On a standalone basis, revenue from operations rose modestly to Rs. 1,65,547 lakh (vs Rs. 1,62,734 lakh in Q1 FY25, ~1.7% growth), while net profit jumped to Rs. 11,408 lakh (vs Rs. 8,663 lakh, ~32% growth), with EPS at Rs. 0.42. On a consolidated basis, revenue grew to Rs. 2,39,119 lakh (~12% growth) and net profit rose to Rs. 13,503 lakh (~26% growth). The PMC segment remained the main profit driver. Auditor ASA & Associates gave an unmodified limited review conclusion but flagged several emphasis-of-matter items including legacy real estate project issues, the NBCC Green View Gurugram matter (cumulative provisions of Rs. 46,883 lakh, Rs. 75,000 lakh recovery suit pending), and tax disputes (DVAT and GST). The Board also noted non-compliance with SEBI's independent director requirements during April 1 – May 15, 2025, later rectified by appointing four Independent Directors.

Likely market impact

The ~26-32% year-on-year jump in net profit is positive, though topline growth remains modest. The interim dividend of Rs. 0.21/share signals continued shareholder returns, but investors should watch legacy real estate exposures and ongoing tax litigations that continue to weigh on the balance sheet.