NBCC Lands ₹501 Crore In Fresh Government Work, Led By Rajasthan School Labs

Navratna public sector undertaking (PSU) NBCC (India) has secured four domestic orders worth ₹501.45 crore, adding to its project pipeline across education, infrastructure, and tourism.

Government agencies awarded these contracts. The clients include the Rajasthan Council of School Education, Bharat Electronics Ltd (BEL), and Power Finance Corporation (PFC). The orders cover engineering, procurement and construction (EPC) work and project management assignments.

NBCC shares fell nearly 3% during Tuesday's intraday trade on the National Stock Exchange (NSE). The stock has declined 8% over the past month, 6% in the last six months, and 13% over the past year.

The NBCC share price closed at ₹97.89, down 0.26% on Wednesday.

What Projects Has NBCC Won?

The biggest NBCC order, valued at ₹430.69 crore, has come from the Rajasthan Council of School Education. Under the contract, NBCC will build 2,256 science laboratories for physics, chemistry, and biology across 922 government schools in Rajasthan on a turnkey basis.

The company also received a ₹60.61 crore order from BEL. As part of the contract, NBCC will execute EPC and Project Management Consultancy (PMC) work to develop infrastructure facilities for BEL's Near-Field Test Ranges (NFTRs).

From PFC, NBCC secured two Project Management Agency (PMA) contracts under corporate social responsibility (CSR) initiatives. The first, worth ₹5.38 crore, is for constructing a tourist facilitation centre in Aizawl, Mizoram. The second order, valued at ₹4.77 crore, involves building a school under Phase II at Dr. K.B. Hedgewar Higher Secondary School of Arts, Commerce and Science in Cujira, Bambolim, Goa.

All four contracts are domestic projects and fall under NBCC's project management business.

Strong Quarterly Earnings

The fresh order wins come after NBCC reported a strong financial performance for the March 2026 quarter.

NBCC’s Q4 results show that the state-run company posted a 37% year-on-year increase in consolidated net profit to ₹241 crore, compared with ₹175 crore a year earlier.

Revenue from operations rose to ₹4,559 crore from ₹4,024 crore in the corresponding quarter last year, supported by steady execution across its project portfolio.

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