NBCC (India) Limited — Investor Meet, 20-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

NBCC reported strong Q2 FY26 results with consolidated income up 20% YoY to INR 3,017 Cr and PAT up 25% YoY to INR 157 Cr. The consolidated order book stands at INR 1,28,000 Cr after securing INR 10,000 Cr in new business this half-year. Management targets 20% annual revenue growth and 7-8% PAT margin for FY26. Key projects like Amrapali Phase 2, Netaji Nagar, and the upcoming Ghitorni project (potential INR 7,000-8,000 Cr revenue) are set to drive future topline. A strategic shift towards leasing some real estate assets and new PSU redevelopment opportunities further bolster the long-term outlook.