NBCC Bags Work Orders Worth Rs 1.09 Billion in Domestic Market

NEW DELHI — State-run construction firm NBCC (India) Limited announced on Friday, July 24, 2026, that it has secured two new work orders totaling approximately Rs 1.09 billion (Rs 108.85 crore, excluding GST) in the ordinary course of business. The project management consultancy (PMC) contracts cover educational and agricultural infrastructure across Odisha and Jammu & Kashmir.

The official disclosure was submitted to stock exchanges under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The new order wins further reinforce NBCC's robust order execution pipeline across domestic government departments and public sector entities.

Breakdown of Newly Awarded NBCC Work Orders

According to statutory exchange filings, the newly bagged contracts encompass project management consultancy services for key public sector infrastructure developments. Both projects were awarded by domestic public entities.

Details of Individual Project Allocations

• Odisha Technical Education Project: The larger of the two contracts, valued at Rs 884.3 million (Rs 88.43 crore), involves managing the construction of student hostels for boys and girls at multiple locations across Odisha under the Directorate of Technical Education and Training, Cuddal.

• Clean Plant Program in Srinagar: The second assignment, valued at Rs 204.2 million (Rs 20.42 crore), was awarded by the National Horticulture Board for constructing a Clean Plant Centre laboratory and office building at ICAR-CITH in Srinagar, Jammu & Kashmir, under the Clean Plant Programme.

Financial Context and Corporate Order Pipeline

NBCC (India) Limited, operating as a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Housing and Urban Affairs, continues to expand its revenue visibility through fee-based project management consultancy.

The company clarified in regulatory disclosures that none of the awarding entities belong to the promoter or promoter group, confirming that neither transaction falls within related-party classifications. The additions build upon a strong execution order book that spans urban redevelopment, institutional campuses, healthcare facilities, and public infrastructure projects across India.

Official Sources Section

Order details and corporate disclosures were officially submitted to India's leading financial market institutions:

• Stock Exchange Surveillance: Formally filed with
  BSE Limited
  (Scrip Code: 534309) and the
  National Stock Exchange of India
  (Symbol: NBCC).

• Nodal Ministry: Administrative oversight under the
  Ministry of Housing and Urban Affairs

• Corporate Signatory: Regulatory communication verified and signed by Deepti Gambhir, Company Secretary, NBCC (India) Limited.

Quote Section

"This is to inform that NBCC (India) Limited has recently been awarded work orders amounting to Rs 108.85 crore approximately in the normal course of business," stated Deepti Gambhir, Company Secretary at NBCC (India) Limited, in an official corporate filing submitted to stock exchanges on July 24, 2026.

Why It Matters

The continuous inflow of domestic project management contracts ensures stable, low-risk, fee-based revenue generation for NBCC. For students and technical institutions in Odisha, the construction of dedicated hostels will improve educational access and housing capacity. Similarly, establishing advanced laboratory facilities in Srinagar under the Clean Plant Programme strengthens agricultural research infrastructure in Jammu & Kashmir.

For equity investors and market analysts, steady order wins demonstrate sustained demand for public sector engineering and project consultancy services, maintaining the state enterprise's revenue momentum.

Key Facts at a Glance

• Total Contract Value: Approx. Rs 1.09 billion (Rs 108.85 crore, excluding GST).

• Execution Mode: Project Management Consultancy (PMC) in normal course of business.

• Largest Project: Rs 884.3 million allocated for hostel construction across Odisha.

• Agricultural Project: Rs 204.2 million allocated for ICAR-CITH lab facility in Srinagar.

Frequently Asked Questions (FAQ)

What is the combined value of the new work orders received by NBCC?

NBCC (India) Limited received new work orders worth approximately Rs 1.09 billion (Rs 108.85 crore, excluding GST).

Who awarded the contracts to NBCC?

The orders were awarded by the Directorate of Technical Education and Training (Odisha) and the National Horticulture Board.

What is the primary nature of these contracts?

Both domestic contracts are for Project Management Consultancy (PMC) services in the ordinary course of business.

Are these related-party transactions for NBCC?

No, NBCC confirmed that the promoter or promoter group has no interest in the awarding entities, and the transactions do not constitute related-party agreements.

Where will the projects be executed?

The projects will be executed across various locations in the state of Odisha and in Srinagar, Jammu & Kashmir.

Source: BSE Limited Corporate Announcements, National Stock Exchange of India Filings, NBCC (India) Limited Portal.