What was NBCC India's revenue in Q3 FY26?

NBCC India reported revenue of ₹3,022 Cr in Q3 FY26, a +13% change year-over-year.

Did NBCC India management deliver on previous promises?

Scorecard data is being built as historical quarters are processed.

NBCC India Q3 FY26 Research Workspace: Revenue ₹3,022 Cr (+13%)

Q: What guidance did NBCC India management give?

FY26 PAT target of ₹700-800 crore: Management expects standalone PAT for FY26 to be in the range of ₹700-800 crore, despite Q3 margin pressure.

Revenue ₹3,022 Cr +13%

EBITDA —

PAT ₹197 Cr

EBITDA Margin 4%

Duration 58 min

Read Time 1 min read

✓ Verified against BSE filing

2-Minute Summary

✦ AI-Generated from Full Transcript

NBCC reported consolidated revenue of ₹8,329 crore for 9M FY26, up 13% YoY, driven by strong execution in PMC and redevelopment projects. Q3 standalone PAT grew 53% YoY to ₹196 crore, though margins were impacted by pollution-related construction bans in Delhi. The Supreme Court's approval for the Supertech project adds ₹16,000 crore in receivables and ₹10,000 crore in construction revenue over 12-36 months. Management guided FY26 PAT of ₹700-800 crore and FY27 revenue of ₹16,000-18,000 crore with PAT of ₹1,000-1,200 crore, driven by large projects like Sector 37D, Netaji Nagar, and Jammu & Kashmir. Key risks include execution delays due to pollution regulations and dependency on government approvals for new redevelopment projects.

Risks4 trackedTranscriptfull text

Research workspace

Focused Modules

!Risks 4 risks

Risk Intelligence

Pollution-related construction bans

View Risks →

≡Transcript Full text

Call Transcript

Full transcript text is available on this route.

Read Transcript →

Quarter Snapshot

Order Book (Consolidated) ₹1,27,000 Cr

+13,400 Cr in 9M FY26

Includes Supertech, Jammu & Kashmir, and Mahi projects; 60% redevelopment, 40% PMC.

Supertech Project Units 50,000 units

40,000 sold, 10,000 unsold

Supreme Court appointed NBCC; estimated construction cost ₹9,500 Cr, receivable ₹16,000 Cr.

Sector 37D & Gurugram Land PAT ₹1,200 Cr

Expected in FY28

Real estate redevelopment projects with top line of ₹2,300 Cr and bottom line of ₹1,200 Cr.

New Orders Awarded in Q4 FY26 ₹3,200 Cr

₹4,000 Cr in pipeline

Total awards expected ₹12,000-30,000 Cr for FY26; focus on converting order book to execution.

Fast read

Guidance and risk preview

Top guidance FY26 PAT target of ₹700-800 crore

Management expects standalone PAT for FY26 to be in the range of ₹700-800 crore, despite Q3 margin pressure.

Top risk Pollution-related construction bans

Delhi's stringent pollution control measures led to a slowdown in Q3 execution; management acknowledged impact but expects mitigation via technolog...