**NBCC (India) Ltd Showcases Strong Growth and Strategic Vision at 65th AGM**
NBCC (India) Ltd, the State-owned Navratna Enterprise, is poised to capitalize on the increased government impetus towards infrastructure development. At the 65th Annual General Meeting (AGM) held on 24th September 2025 at East Kidwai Nagar, K.P. Mahadevaswamy, Chairman and Managing Director of NBCC (India) Limited, highlighted the company’s key achievements during the financial year 2024-25. He also outlined the various opportunities the company is pursuing in both domestic and international markets.
### Leadership and Attendance
The meeting was attended by other members of the NBCC Board, including Saleem Ahmad, Director (Projects); Suman Kumar, Director (Commercial); Anjeev Kumar Jain, Director (Finance); and Government Nominee Directors Sanjeet, Joint Secretary & Financial Advisor, Ministry of Housing and Urban Affairs, Government of India; Ravi Kumar Arora, Joint Secretary (Land & Estates). Independent Directors Bhimrao Panda Bhosale, Deepak Singh, Rajeev Kumar, Vishal Puri, and Smt. Deepti Gambhir, Company Secretary, NBCC, were also present.
### Financial Performance
NBCC posted a consolidated revenue of Rs 12,038.57 crore, marking a 15.68% year-on-year growth. The consolidated Profit After Tax (PAT) reached Rs 557.42 crore, representing an impressive 34.52% increase.
On a standalone basis, revenue stood at Rs 8,725.36 crore. PAT for the standalone entity rose 38.26%, touching Rs 476.11 crore. The company’s consolidated order book surged to Rs 1,20,533 crore, reaffirming NBCC’s leadership in redevelopment, real estate, overseas ventures, and project management consultancy (PMC) works.
### Key Highlights from the CMD’s Address
– **Record Dividend and Bonus Shares:** NBCC declared its highest-ever dividend of Rs 180.90 crore (@67%) and issued 90 crore bonus equity shares in the ratio of 1:2, underscoring its commitment to shareholder value creation.
– **New Business Wins:** The company secured new contracts worth Rs 23,250 crore.
– **Flagship Redevelopment Project Sales:** NBCC achieved complete commercial sales at its flagship redevelopment projects — World Trade Centre, Nauroji Nagar (Rs 13,409 crore), and Downtown, Sarojini Nagar (Rs 1,391 crore), aggregating nearly Rs 14,800 crore.
– **Amrapali Project Progress:** Under the Amrapali mandate, NBCC successfully completed 25,500 housing units and initiated further sales expected to generate Rs 2,353 crore.
– **Global Expansion:** Strengthening its international footprint, NBCC is executing its largest-ever overseas EPC project — 2,000 social housing units in Hulhumale, Maldives, valued at $130 million. This landmark project, funded through EXIM Bank of India under the Government of India’s NEIA framework, symbolizes strong India–Maldives cooperation. The recent inauguration by the Hon’ble Prime Minister of India and the Hon’ble President of the Republic of Maldives highlights NBCC’s strategic importance and ability to deliver world-class socially impactful infrastructure globally.
– **New Markets:** The company has expanded operations with a subsidiary in Dubai and is actively exploring opportunities in Uzbekistan and the UAE.
### Focus on Sustainability and Innovation
Anchored in sustainability and digital transformation, NBCC advanced green construction practices and adopted centralized project monitoring systems. The company invested significantly in workforce development, conducting 90 training programmes during the year.
Its Corporate Social Responsibility (CSR) initiatives continued to create positive impact across education, healthcare, sanitation, renewable energy, and skill development sectors.
### Recognition and Awards
NBCC’s excellence was recognized with an ‘Excellent’ MoU rating from the Department of Public Enterprises (DPE), securing 2nd rank among all Central Public Sector Enterprises (CPSEs) and 1st in its sector with a record score of 98.50.
Several iconic projects such as Bharat Mandapam, Vanijya Bhawan, IIM Sambalpur, and AIIMS Bilaspur earned prestigious GRIHA ratings. Awards in digital transformation and cybersecurity further validated NBCC’s growing credentials in technology adoption.
### Commitment to Viksit Bharat Vision
Aligned with the Government of India’s vision for a developed (‘Viksit Bharat’), NBCC remains steadfast in creating sustainable, inclusive infrastructure and delivering long-term value for its stakeholders as a trusted arm of the government.
### Appreciation and Acknowledgment
In conclusion, CMD K.P. Mahadevaswamy expressed heartfelt gratitude to the Government of India, especially the Ministry of Housing and Urban Affairs, Ministry of Finance, Department of Public Enterprises, DIPAM, SEBI, Ministry of Corporate Affairs (MCA), as well as all Central and State Government agencies, the Comptroller and Auditor General (C&AG) of India, esteemed clients, valued customers, dedicated employees, and stakeholders. Their continuous support and cooperation have been instrumental in driving NBCC’s progress and success.
NBCC continues to strive for excellence in its core businesses and remains committed to delivering utmost value to its shareholders.
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