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Latest: NBCC Q2 FY27 (Jul–Sep 2026) results →This page is Q3 FY26 (Oct–Dec 2025).
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NBCC

Q3 FY26Construction

NBCC Q3 FY26 earnings call: Revenue & Margins

Q3 FY26 earnings call: what management said on revenue, margins and capex.

Revenue
₹3,022Cr
+7.6% YoY
Net profit
₹197Cr
+38.7% YoY
Margin
3.8%
−1.2 pp YoY

NBCC Q3 FY26 key numbers

Revenue
Large projects like Supertech (INR 10,000 crores top line), Rajasthan Mandapam, J&K, Mumbai Port Trust expected to boost FY27-28 order book and execution.

As stated in NBCC's Q3 FY26 earnings call transcript · published 16 Aug 2026. Reported figures, not investment advice.

Price₹89
Market cap₹24.0K Cr
P/E35.1

The short version

FY26 revenue forecast is around INR 14,000 crores with EBITDA margins of 5-6% and PAT margins of 6-7%. For FY26, NBCC expects a PAT of INR 700-800 crores, with turnover around INR 14,000 crores and EBITDA margins of 5-6% (Page 36, 20).

From NBCC's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Good growth
  • FY26 revenue forecast is around INR 14,000 crores with EBITDA margins of 5-6% and PAT margins of 6-7%.
  • PAT expected for FY26: INR 700-800 crores.
  • FY27 revenue target is conservative INR 16,000 to 18,000 crores with PAT around INR 1,000 to 1,200 crores.
  • Large projects like Supertech (INR 10,000 crores top line), Rajasthan Mandapam, J&K, Mumbai Port Trust expected to boost FY27-28 order book and execution.
  • FY28 bottom line conservatively projected at INR 2,000 crores, potentially doubling in FY29 with real estate projects (Ghitorni, 37D).
  • Order inflow for FY26 expected to reach INR 20,000 crores minimum, possibly higher if Delhi redevelopment projects are awarded.

2 more points from NBCC's call on revenue

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Profitability & Margins

See what NBCC said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • NBCC is strategically investing in real estate projects like the Ghitorni project (~₹8,500 crore revenue potential) expected to create long-term value.
  • The company is adopting new construction technologies, including Mivan shuttering and pre-cast technology, to reduce dust and improve efficiency.
  • NBCC plans to invest in the Supertech project with a top line of around ₹10,000 crore and a bottom line of ₹800-900 crore, with completion in phases over 12 to 36 months.
  • There is a recent acquisition of a land parcel in Dubai International City (~14,760 sq. ft. land, 52,000 sq. ft. GFA), aiming to launch a project with expected top line ~₹155 crore over two years.

2 more points from NBCC's call on capex

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Top-ranked in Construction

Ranked on what management guided this quarter

Guidance-ranked
1Sathlokhar Synergys E&C Global
Rev 1Mar 2
2Dilip Buildcon
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what NBCC said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Order book rising
  • Consolidated order book stands at approximately INR 1,26,000 crores (includes Supertech project).
  • Standalone order book split: ~40% PMC (around INR 45,000 crores), ~60% redevelopment (around INR 67,000 crores).
  • Ongoing projects value approximately INR 30,500 crores (NBCC standalone INR 26,000 crore, HSCL INR 2,300 crore, HSCC INR 2,072 crore, NSL INR 250 crore).
  • Expected new awards next financial year: minimum INR 20,000 crores (including Supertech, Rajasthan Mandapam, J&K projects).
  • Pending order book in Sarojini Nagar: approx. INR 4,000 crores; Netaji Nagar: INR 1,400-1,600 crores; 7 GPRA projects expected to complete in 2 years.
  • J&K project issues near resolution and tendering soon.

2 more points from NBCC's call on order book

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What the Q3 FY26 call signalled

4 of 5 strong

RevenueGood growth
MarginMargins steady
CapexCapex planned
FundraiseFundraise planned
Order bookOrder book rising

NBCC — Quarterly revenue & net profit

Revenue Net profit
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27

NBCC Q3 FY26 results — key figures

NBCC Q3 FY26 reported results vs Q3 FY25, ₹ crore
₹ CrQ3 FY26Q3 FY25YoYQ2 FY26QoQ
Revenue3,0222,809+7.6%2,914+3.7%
Operating profit (EBITDA)114144-20.8%104+9.6%
Operating margin3.8%5%-1.2 pp3.6%+0.2 pp
Profit before tax263196+34.2%205+28.3%
Net profit (PAT)197142+38.7%157+25.5%
EPS (₹)0.710.51+39.2%0.57+24.6%

Source: reported quarterly figures (Screener), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q1 FY27): revenue ₹2.3K Cr, net profit ₹158 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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What NBCC (India) Ltd's management said in earlier quarters

Earlier calls (8)

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  • Deepak Builders & Engineers India Ltd (Q3 FY26)

    The provided pages of the document do not contain any revenue, sales, or volume figures for the quarter, nor do they provide any year-on-year change…

  • GK Energy (Q3 FY26)

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Frequently Asked Questions

What were NBCC Q3 FY26 results?

FY26 revenue forecast is around INR 14,000 crores with EBITDA margins of 5-6% and PAT margins of 6-7%. For FY26, NBCC expects a PAT of INR 700-800 crores, with turnover around INR 14,000 crores and EBITDA margins of 5-6% (Page 36, 20).

What is NBCC share price analysis?

NBCC currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 35.1 with a market cap of ₹23,998 Cr. Investors should review the full earnings analysis for detailed insights.

Is NBCC planning capital expenditure?

NBCC is strategically investing in real estate projects like the Ghitorni project (~₹8,500 crore revenue potential) expected to create long-term value. - The company is adopting new construction technologies, including Mivan shuttering and pre-cast technology, to reduce dust and improve efficiency. - NBCC plans to invest in the Supertech project with a top line of around ₹10,000 crore and a bottom line of ₹800-900 crore, with completion in phases over 12 to 36 months. - There is a recent acquisition of a land parcel in Dubai International City (~14,760 sq.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.