NBCC Share Price Rises 3.75% on April 17; Eyes ₹25,000 Crore Revenue by FY29

NBCC (India) Ltd has been gaining attention on Thursday. On April 17, 2025, NBCC share price opened at ₹96.20, up from its previous close of ₹95.80. At 10:19 AM, the share price of NBCC was trading at ₹99.39, up by 3.75% on the NSE. Notably, the stock price touched its 52-week low recently at ₹70.80.  

Eyes ₹25,000 Crore Revenue by FY29 

NBCC Chairman and Managing Director KP Mahadevaswamy said the company is replicating its successful Delhi redevelopment model in other states. In Delhi, NBCC generated ₹14,800 crore by selling 3.2 million sq ft of commercial space at the World Trade Centre project in Nauroji Nagar and the Sarojini Nagar Downtown. This helped fund the redevelopment of seven government housing colonies in the capital. 

Now, NBCC is in discussions with the governments of Goa, Telangana, Jammu & Kashmir, and Kerala to take on more such self-sustainable redevelopment projects. These projects generate funds internally through commercial sales, requiring no budgetary allocation from the states. This model has made NBCC an attractive partner for state governments looking to upgrade their infrastructure. 

The company’s current order book stands at ₹60,000-70,000 crore, with expectations that it will continue to expand. Recently, NBCC secured ₹10,000 crore worth of redevelopment projects from the Goa government. These will be executed in phases without any financial support from the state. 

Financially, NBCC has shown steady growth. From ₹8,900 crore in FY23, the company’s revenue rose to ₹10,666 crore in FY24. It now aims to clock ₹12,000 crore in FY25. 

NBCC is also indirectly supporting other government agencies like the CPWD by generating capital through commercial property sales. These funds help execute redevelopment projects in colonies assigned to CPWD, demonstrating NBCC’s integral role in the urban transformation landscape. 

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About NBCC (India) Ltd 

NBCC (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, operates across three key verticals: Project Management Consultancy, Engineering Procurement & Construction, and Real Estate. 

Conclusion 

NBCC’s accelerated revenue target and expanding redevelopment footprint highlight its growing influence in India’s real estate and infrastructure space.  

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