NBCC (INDIA) LIMITED (NBCC) AI Stock Analysis

• Market Cap: ₹279.45B
• Dividend Yield: 0.71%
• Average Volume (3M): 438.97K
• Price to Earnings (P/E): 49.2
• Beta (1Y): 2.22
• Revenue Growth: 15.84%
• EPS Growth: 31.83%
• Country: IN
• Employees: 1,271
• Sector: Real Estate
• Sector Strength: 46
• Industry: Engineering & Construction
• EPS (TTM): 0.50
• Shares Outstanding: 2,700,000,000
• 10 Day Avg. Volume: 517,426
• 30 Day Avg. Volume: 438,974
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹115.00
• Price Target Upside: 11.11% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 60 Neutral
• Price Target: ₹115.00 ▲(11.11% Upside)

The overall stock score is primarily driven by strong financial performance, which is the most significant factor. However, the technical analysis indicates bearish momentum, and the high P/E ratio suggests potential overvaluation, which negatively impacts the score.

NBCC (INDIA) LIMITED Business Overview & Revenue Model

Company Description

NBCC (India) Limited (NBCC) is a prominent Indian government-owned corporation operating in the real estate and construction sectors. Established in 1960, NBCC is primarily engaged in project management consultancy (PMC), real estate development, and engineering, procurement, and construction (EPC) services. With a focus on delivering high-quality infrastructure projects, NBCC executes a wide range of civil engineering works including residential and commercial complexes, hospitals, educational institutions, and urban infrastructure developments.

How the Company Makes Money

NBCC makes money primarily through its three main business segments: Project Management Consultancy (PMC), Real Estate Development, and Engineering, Procurement, and Construction (EPC) services. In the PMC segment, NBCC offers consultancy services for government projects, wherein it charges a fee based on the project cost and completion. This segment is the largest contributor to the company's revenue. In real estate, NBCC engages in the development and sale of residential and commercial properties, earning profits from property sales and leasing. The EPC segment involves executing construction projects, where NBCC earns revenue through contractual agreements for building infrastructure. Additionally, NBCC benefits from government support, given its status as a public sector undertaking, which often provides it with preferential access to government projects.

NBCC (INDIA) LIMITED Financial Statement Overview

Summary

NBCC (INDIA) LIMITED exhibits robust financial health with strong revenue growth and improving profitability. The balance sheet reflects sound financial stability with low leverage, while cash flows show a positive trend, albeit with some areas for improvement in cash conversion efficiency.

Income Statement

NBCC (INDIA) LIMITED shows strong revenue growth with a consistent upward trajectory over the years. The gross profit margin has remained stable, indicating efficient cost management. Net profit margin has improved markedly, suggesting enhanced profitability. The EBIT and EBITDA margins, though modest, reflect steady operational efficiency.

Balance Sheet

The company maintains a low debt-to-equity ratio, highlighting prudent financial management and low leverage risk. Return on equity has shown an improving trend, indicating effective use of shareholders' funds. However, the equity ratio suggests moderate reliance on liabilities for asset financing, which is typical for the industry.

Cash Flow

Cash flow from operations has improved significantly, demonstrating better cash conversion from revenues. The free cash flow growth rate is positive, supporting strategic investments and financial flexibility. However, the operating cash flow to net income ratio indicates room for improvement in translating income into cash flows.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2021	Dec 2020
Income Statement
Total Revenue	114.54B	120.39B	103.49B	86.49B	75.75B	67.40B
Gross Profit	11.23B	9.47B	8.99B	7.18B	4.97B	4.75B
EBITDA	6.56B	7.63B	5.66B	3.81B	3.28B	3.06B
Net Income	5.01B	5.41B	4.02B	2.67B	2.24B	2.26B
Balance Sheet
Total Assets	0.00	136.41B	127.79B	128.79B	134.44B	131.64B
Cash, Cash Equivalents and Short-Term Investments	50.35B	59.62B	52.57B	60.38B	55.66B	55.16B
Total Debt	0.00	4.03M	6.32M	4.53M	4.57M	5.14M
Total Liabilities	-25.23B	109.70B	103.67B	107.55B	115.06B	113.67B
Stockholders Equity	25.23B	24.79B	22.26B	19.45B	17.68B	16.37B
Cash Flow
Free Cash Flow	0.00	7.90B	282.58M	-4.52B	734.26M	4.25B
Operating Cash Flow	0.00	11.10B	730.52M	-4.40B	798.82M	4.31B
Investing Cash Flow	0.00	1.20B	-2.18B	3.39B	333.36M	1.78B
Financing Cash Flow	0.00	-2.69B	-1.03B	-902.74M	-946.75M	-405.29M

NBCC (INDIA) LIMITED Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 103.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NBCC, the sentiment is Negative. The current price of 103.5 is below the 20-day moving average (MA) of 110.08, below the 50-day MA of 115.82, and above the 200-day MA of 98.47, indicating a neutral trend. The MACD of -2.22 indicates Positive momentum. The RSI at 37.39 is Neutral, neither overbought nor oversold. The STOCH value of 33.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:NBCC.

NBCC (INDIA) LIMITED Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KPIL	66 Neutral	₹210.40B	29.26		0.73%	19.67%	40.16%
MINDSPACE	66 Neutral	₹257.22B	50.09		―	9.83%	-4.94%
BRIGADE	64 Neutral	₹228.98B	30.37		0.27%	-0.80%	43.41%
Sector *	62 Neutral	AU$3.04B	8.41	-1.53%	5.05%	16.79%	54.28%
NBCC	60 Neutral	₹279.45B	49.18		0.71%	15.84%	31.83%

NBCC (INDIA) LIMITED Corporate Events

NBCC Secures ₹45.30 Crore Project with Madhya Pradesh Gramin Bank

NBCC (India) Limited has secured a work order valued at approximately ₹45.30 crore from Madhya Pradesh Gramin Bank for developing a modern institutional campus in Indore, Madhya Pradesh. This project, which includes the construction of a head office, training center, and executive quarters, aligns with NBCC’s strategy to enhance infrastructure in Tier-II cities and reflects a commitment to promoting financial inclusion in rural and semi-urban India.

NBCC Partners with Indian Postal Department for Nationwide Land Development

NBCC (India) Limited has signed a Memorandum of Understanding with the Department of Post of the Government of India to develop various land parcels across India using NBCC’s redevelopment self-sustainable model. This collaboration will see NBCC acting as the Project Management and Marketing Consultant to optimize the monetization of these projects, aligning with the company’s regular business operations.