NBCC India Ltd (NSE:NBCC)
₹ 99.98 +2.23 (+2.28%) Market Cap: 269.87 Bil Enterprise Value: 197.38 Bil PE Ratio: 37.58 PB Ratio: 8.94 GF Score: 89/100

Q2 2026 NBCC (India) Ltd Earnings Call Transcript

Nov 14, 2025 / 06:30 AM GMT
Release Date Price: ₹114.14 (+4.73%)

Key Points

Positve
  • NBCC India Ltd (BOM:534309) reported a 20% year-on-year increase in total income on a consolidated basis, reaching 3,017 crore.
  • The company's standalone PAT grew by 40% year-on-year, reaching 173 crore.
  • NBCC secured major projects worth 6,800 crore in Q2, contributing to a total of 10,000 crore in the first half of FY26.
  • The company has a robust order book, with a standalone order book of 112,000 crore and a consolidated order book of 128,000 crore.
  • NBCC is expanding its global footprint with strategic MOUs, including one with an Australian real estate developer and another with Tan LC Real Estate Development LLC in the UAE.
Negative
  • EBITDA margin for the quarter decreased due to lower contributions from real estate projects and reduced marketing fees from certain projects.
  • Execution of projects is slower than expected due to delays in approvals and funding arrangements, particularly in redevelopment projects.
  • The company faces challenges in executing its large order book, with only 34,000 crore currently in running projects.
  • Real estate sales have been muted, with no residential sales reported in Delhi for the quarter.
  • The company is reliant on external funding for some projects, which can delay execution and impact financial performance.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NBCC.NS - NBCC (India) Ltd
Q2 2026 NBCC (India) Ltd Earnings Call
Nov 14, 2025 / 06:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to NBCC Limited Q2 and H1FY26 earnings conference call hosted by ICICI Securities Limited.

As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during the conference call, please signal an operator by pressing, then 0 on your touchstone phone. Please note that this conference is being recorded.

I now have the conference over to Mr. Mohid Kumar from ICIC Securities Limited.

Thank you and over to you, sir.

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Unidentified_2 [2]
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