NBCC Bags ₹801 Crore Work Orders From RBI And Odisha; Shares Gain 1.22%

Mumbai, August 5: State-owned NBCC (India) Ltd. has secured new work orders worth approximately ₹801.20 crore in the ordinary course of business, with the bulk of the contracts coming from the Reserve Bank of India (RBI) for project management consultancy (PMC) services.

According to the company’s exchange filing, the largest order, valued at about ₹780.38 crore (excluding GST), has been awarded by the RBI. The contract covers PMC services for the construction of an office complex at Nelapadu, Amaravati, along with officers’ and staff residential complexes at Inavolu, Andhra Pradesh.

In a separate mandate, NBCC has received a ₹20.82 crore (excluding GST) PMC contract from the Odisha School Education Programme Authority (OSEPA) for the construction of hostels under the DAJGUA Scheme across various districts in Odisha.

Both contracts are domestic in nature and have been awarded in the normal course of business. The company said neither project involves related-party transactions or promoter group interest.

For NBCC, the RBI mandate is particularly significant. Beyond its size, it strengthens the company’s presence in high-value institutional infrastructure projects, an area that continues to form the backbone of its order pipeline.

Stock Market Snapshot

The announcement was well received by investors, with the stock closing the session in positive territory.

As of 3:59 PM IST on August 5, 2026, NBCC share price stood at ₹96.00, up ₹1.16, or 1.22%, on the NSE.

While the Odisha project is relatively small, the RBI assignment accounts for nearly the entire order value and is expected to provide steady execution opportunities over the coming years. Investors generally view such government-backed infrastructure contracts as offering strong revenue visibility because of the credibility of the awarding agencies.

Company Background

NBCC (India) Ltd., a Navratna public sector enterprise under the Ministry of Housing and Urban Affairs, operates primarily in project management consultancy, engineering, procurement and construction (EPC), and real estate development.

The company regularly executes projects for central and state government departments, public sector undertakings and other institutional clients. Large PMC contracts, particularly from government agencies, remain a key driver of its order book and future revenue visibility.

Conclusion

The latest order win reinforces NBCC’s steady flow of government-backed infrastructure projects and adds another sizeable contract to its execution pipeline.

Although the contracts are routine in nature, the ₹780 crore RBI project stands out for its scale and strategic importance. Going forward, investors will monitor execution progress and additional order inflows as indicators of the company’s revenue growth and order book expansion.

Source:

• https://www.nseindia.com/get-quote/equity/NBCC/NBCC-(India)-Limited
• https://nsearchives.nseindia.com/corporate/NBCC_05082026150004_Stock_Exchange_Intimation_05082026.pdf