Should I buy NBCC stock in 2025?
Is it the right time to buy NBCC?
NBCC (India) Limited stands as a leading government-owned construction and project management consultancy firm in India, playing a pivotal role in the nation’s rapid infrastructure development. As of early July 2025, NBCC trades around ₹118.00 per share with a robust average daily trading volume of 15.6 million shares, reflecting strong liquidity and sustained market attention. Recent quarters have seen the company secure substantial new contracts, such as ₹65.73 crores in project awards and a significant MoU with NFDC for a landmark renovation project. NBCC’s quarterly earnings growth (+6.12% YoY) aligned with expectations, demonstrating consistent operational performance, and its dividend payout signals financial prudence. The broader sentiment for the stock is neutral to cautiously optimistic, anchored by NBCC’s critical role in government housing and urban transformation projects, as well as India's current emphasis on infrastructure expansion. In a sector characterized by public-private collaboration and high policy support, NBCC’s strong order book and proven execution capabilities remain key differentiators. With a consensus price target of ₹153.40, as agreed by more than 10 major domestic and global banks, NBCC is notably positioned for investors seeking exposure to India’s infrastructure boom, balanced by a need to watch valuation levels and government deal dependencies.
- ✅Consistently awarded large government-backed infrastructure contracts.
- ✅Annual revenue growth projected at 15%, outpacing sector average.
- ✅Strong promoter holding ensures government backing and stability.
- ✅Diversified portfolio across PMC, EPC, and real estate segments.
- ✅High Return on Capital Employed (ROCE) at 33.5%, reflecting efficient management.
- ❌Stock trades at a high valuation compared to book value.
- ❌Significant dependence on government projects for revenue stability.
- ✅Consistently awarded large government-backed infrastructure contracts.
- ✅Annual revenue growth projected at 15%, outpacing sector average.
- ✅Strong promoter holding ensures government backing and stability.
- ✅Diversified portfolio across PMC, EPC, and real estate segments.
- ✅High Return on Capital Employed (ROCE) at 33.5%, reflecting efficient management.
Is it the right time to buy NBCC?
- ✅Consistently awarded large government-backed infrastructure contracts.
- ✅Annual revenue growth projected at 15%, outpacing sector average.
- ✅Strong promoter holding ensures government backing and stability.
- ✅Diversified portfolio across PMC, EPC, and real estate segments.
- ✅High Return on Capital Employed (ROCE) at 33.5%, reflecting efficient management.
- ❌Stock trades at a high valuation compared to book value.
- ❌Significant dependence on government projects for revenue stability.
- ✅Consistently awarded large government-backed infrastructure contracts.
- ✅Annual revenue growth projected at 15%, outpacing sector average.
- ✅Strong promoter holding ensures government backing and stability.
- ✅Diversified portfolio across PMC, EPC, and real estate segments.
- ✅High Return on Capital Employed (ROCE) at 33.5%, reflecting efficient management.
- What is NBCC?
- What is the NBCC stock price?
- Our full analysis of the NBCC stock
- How to buy NBCC stock?
- Our 7 tips for buying NBCC stock
- The latest news about NBCC
- FAQ
- On the same topic
Why trust HelloSafe ?
At HelloSafe, our expert has been tracking the performance of NBCC for over three years. Every month, lakhs of users in India trust us to analyze market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by NBCC.
What is NBCC?
Indicator | Value | Analysis |
---|---|---|
🏳️ Nationality | Indian | NBCC is a government-owned company with a strong presence across Indian infrastructure projects. |
💼 Market | NSE, BSE | Listed on India’s major exchanges, ensuring high liquidity and local market relevance. |
🏛️ ISIN code | INE095N01031 | Unique code helps track and trade NBCC shares securely for Indian investors. |
👤 CEO | K.P. Mahadevaswamy | The current Chairman & MD brings expertise in public sector and project management. |
🏢 Market cap | ₹31,828 crores | This large capitalization reflects NBCC’s leadership and broad infrastructure project base. |
📈 Revenue | ₹12,966 crores (FY25 projected) | Stable yearly growth, driven mostly by government contracts and PMC services. |
💹 EBITDA | ₹990 crores (FY25 projected) | Healthy operating cash flow supports investments in future urban and housing projects. |
📊 P/E Ratio (Price/Earnings) | 52.2 | High valuation highlights market confidence but signals need for close monitoring. |
What is the NBCC stock price?
The price of NBCC stock is rising this week.
NBCC is currently trading at ₹118.00, with a 0.31% gain over the last 24 hours and a stable trend for the week. The company boasts a market capitalization of ₹31,828 crores and an average 3-month daily trading volume of 15.6 million shares. NBCC has a P/E Ratio of 52.2, offers a dividend yield of 0.45%, and its stock beta is currently unspecified. Despite a high valuation, NBCC’s active involvement in government projects continues to support its long-term investment appeal.
Our full analysis of the NBCC stock
We have reviewed NBCC’s latest financial performance and the stock’s trajectory over the past three years, taking into account financial indicators, technical signals, broad market data, and an analysis of competitors through our proprietary algorithms. This comprehensive approach gives us unique insight into the opportunity presented by NBCC’s current position. So, why might NBCC stock once again become a strategic entry point for India’s infrastructure and construction sector in 2025?
Recent performance and market context
NBCC shares are currently trading at ₹118.00, demonstrating notable resilience after a period of consolidation, and reflect a steady uptick in investor confidence with a 0.31% gain over the previous session. Over the last year, while the stock has undergone a modest correction with a 5% CAGR decline, its recovery from a 52-week low of ₹70.80 to a high of ₹140 illustrates a robust underlying trend and effective support at lower levels. Recent business wins—including contracts worth ₹65.73 crores in July 2025 and a strategic MoU with NFDC for an iconic urban renovation—highlight the company's ability to consistently secure high-value government and infrastructure projects in India’s expanding marketplace. The ongoing economic upturn, urbanization, and government focus on affordable housing and national infrastructure continue to build a positive macro backdrop and are strengthening NBCC’s long-term appeal.
Technical analysis
NBCC’s technical structure currently presents encouraging signals. The Relative Strength Index (RSI) sits at 47.75—neutral territory that suggests the stock is neither overbought nor oversold, providing a balanced entry point. The MACD shows a mild sell signal, but this is offset by the fact that the share price trades above its 50-, 100-, and 200-day moving averages (₹113.63, ₹98.89, and ₹99.11 respectively), all indicating medium-term bullishness. The 20-day average remains a slightly higher hurdle at ₹121.31, presenting a nearby resistance area, while key support at ₹113.80 offers a reassuring technical floor for new investors. With major resistance levels at ₹131.17 and ₹139.62, any breakout could catalyze the next move higher, presenting traders and medium-term investors with an appealing setup.
Fundamental analysis
NBCC’s fundamentals continue to exhibit the strengths that have underpinned its leadership in the Indian construction and project management sector. Quarterly revenue for Q4 FY25 reached ₹3,217.53 crores, up 6.1% YoY, with net profit at ₹137.19 crores and an EPS of ₹0.51—all in line with analyst expectations. The company’s market capitalization stands at ₹31,828 crores, underpinned by a robust and highly visible order book stemming from decades of government relationships and reputation as a Navratna enterprise. While the P/E ratio of 52.2 and price/book multiple of 12.8 reflect a growth premium, they also speak to NBCC’s unique position as one of the very few listed pure plays on India’s government-driven infrastructure surge. Over 91% of revenue comes from Project Management Consultancy, underscoring both recurring revenues and lower project risk compared to pure contractors. The blended dividend yield of 0.45% provides additional appeal for investors seeking reliable, if modest, income.
NBCC also boasts strong internal returns—its ROE of 25.9% and ROCE of 33.5% are best-in-class among its peers. Structural strengths such as deep expertise, a diversified project base (spanning government, real estate, and engineering procurement), and robust execution capabilities reaffirm the company’s stature.
Volume and liquidity
A daily average trading volume of 15.6 million shares ensures ample market liquidity and reflects strong institutional and retail investor participation. The float is highly favorable, with 61.75% promoter (government) ownership giving NBCC stability and a clear mandate, yet with a broad public holding (25.13%) and healthy DII/FII presence. This combination supports dynamic price discovery and facilitates easy market entry or exit for investors, reducing liquidity risk and enhancing the attractiveness of the stock for both short-term traders and long-term holders.
Catalysts and positive outlook
Investors can look forward to substantial medium- and long-term catalysts that promise to unlock further value in NBCC:
- Ongoing growth in government-backed infrastructure projects, especially in affordable housing, urban development, and major civic renovations.
- Continued diversification and execution of complex urban re-development projects, highlighted by recurring contract wins and strategic MoUs.
- Policy momentum from the Indian government’s National Infrastructure Pipeline and urban transformation initiatives, providing NBCC with a reliable pipeline of large-scale, high-profile contracts.
- Technological adoption and digitalization efforts within project management and construction, improving cost control and operational transparency.
- Sustainable practices and ESG initiatives, positioning NBCC as a forward-looking leader in green building and responsible construction for a new generation of Indian investors.
The company’s proven ability to deliver on ambitious projects, together with the security of government patronage and a resilient business model, further underpins a bullish outlook.
Investment strategies
NBCC is currently well-positioned for a variety of investor profiles and time horizons:
- Short-term traders may find opportunity in buying on dips near support levels (around ₹113–114), with potential upside toward resistances at ₹131–140. Market catalysts such as the announcement of new large contracts or order inflows could fuel near-term upward momentum.
- Medium-term investors can strategically accumulate the stock before anticipated government policy announcements or sector-wide upswings, leveraging NBCC’s pipeline of new projects and recurring business through cycles.
- Long-term holders can draw confidence from NBCC’s unique combination of public sector strength, recurring revenue streams, best-in-class corporate governance, and sectoral tailwinds fueled by India’s urbanization, housing reforms, and infrastructure-led GDP growth.
- Portfolio diversifiers looking for stability and upside in the Indian construction and infrastructure sector may strategically blend NBCC with other leading names, while benefitting from its liquidity and strong historical returns.
Ideal accumulation may occur around established technical support zones, during market consolidations, or immediately ahead of budgetary or policy-related catalysts—which NBCC tends to benefit from, given its government relationships.
Is it the right time to buy NBCC?
The current setup for NBCC combines resilient fundamentals, ongoing contract wins, visible earnings, and a solid technical base. Its premium valuation is amply supported by structural strengths, high ROE/ROCE, government backing, and exceptional liquidity. With a comprehensive order book, best-in-class operations, and an outlook aligned with India’s ambitious infrastructure plans, the stock seems to represent an excellent opportunity for investors seeking a balanced blend of growth, stability, and market relevance.
In sum, NBCC stands out as a reference point within the Indian infrastructure universe, ideally positioned for 2025 and beyond. For investors looking to capitalize on India’s infrastructure renaissance, NBCC’s current entry level may well open the door to the next phase of value creation and sustained growth.
How to buy NBCC stock?
Buying NBCC stock online is both straightforward and secure when you use a regulated broker in India. Investors can choose between two main methods: spot (cash) buying, which gives direct ownership of shares, or CFD trading, which lets you speculate on price movements with leverage. Each method is accessible, and most platforms provide step-by-step support. To help you select the best broker for your needs, be sure to check the comparison further down the page.
Spot buying
A cash purchase of NBCC stock means you are buying and directly owning actual NBCC shares in your demat account. This is the classic, long-term investment style in India and typically involves a fixed brokerage commission per order, such as ₹20–₹50 or about $5 per trade.
Investment Gain Scenario
If the NBCC share price is $1.41 (approx. ₹118), you can buy around 707 shares with a $1,000 investment, including a brokerage fee of about $5. Gain scenario: If the share price rises by 10%, your shares are worth $1,100. Result: +$100 gross gain, i.e., a 10% return on your investment.
Trading via CFD
CFD (Contract for Difference) trading on NBCC shares allows you to speculate on price changes without owning real shares. CFDs let you use leverage—meaning you can take a larger position than your upfront investment covers. You pay a spread (the difference between buy and sell price) and, if you hold overnight, financing costs.
Gain scenario
You open a CFD position on NBCC shares with a $1,000 investment and 5x leverage. This gives you a market exposure of $5,000.
If the stock rises by 8%, your position gains 8% × 5 = 40%.
Result: +$400 gain on your $1,000 stake (excluding fees).
Final advice
Before investing, always compare brokers’ fees, features, and regulatory protections. Your best choice depends on your investment goals: direct share buying suits patient investors, while CFDs are designed for those seeking high flexibility and leverage. Explore the broker comparator further down the page to find the platform that fits your needs.
Check out the best brokers in India!Compare brokersOur 7 tips for buying NBCC stock
📊 Step | 📝 Specific tip for NBCC |
---|---|
Analyze the market | Research India’s infrastructure trends and government policies to understand demand drivers for NBCC’s construction services. |
Choose the right trading platform | Select a reputed Indian broker providing access to the NSE/BSE, with user-friendly tools and transparent pricing for NBCC trades. |
Define your investment budget | Allocate your capital by considering NBCC’s volatility and growth prospects, and diversify to manage sector-specific risk. |
Choose a strategy (short or long term) | Consider a medium- to long-term approach, leveraging NBCC’s steady government contracts and ongoing public sector expansions. |
Monitor news and financial results | Stay updated with NBCC’s quarterly earnings and government policy announcements, as major projects and contracts can impact stock price. |
Use risk management tools | Protect your investment with stop-loss orders and track technical support zones to manage unexpected market movements. |
Sell at the right time | Plan exits around technical resistance levels or after strong upward momentum driven by contract wins or favorable announcements. |
The latest news about NBCC
NBCC has secured new project management and construction contracts totaling ₹65.73 crores in July 2025. This recent contract win highlights NBCC’s strong reputation in the project management consultancy sector and positions the company for revenue visibility in upcoming quarters, reinforcing its pipeline within India’s infrastructure market.
NBCC’s Q4 FY25 results showed revenue reaching ₹3,217.53 crores, up 6.12% year-on-year. The company’s operating profit and net profit were reported at ₹239.19 crores and ₹137.19 crores respectively, meeting market expectations and demonstrating robust execution in a challenging construction environment.
Major technical indicators currently present a neutral-to-positive structure for NBCC’s share price. The 50-, 100-, and 200-day moving averages show the current price trading above them, while the RSI is stable at 47.75, suggesting potential for positive momentum if further contract flows continue.
The Indian government’s ongoing urban development and housing initiatives continue to provide a favourable catalyst for NBCC. As a Navratna public sector company under the Ministry of Housing and Urban Affairs, NBCC is advantageously positioned to benefit from large-scale urban renewal projects and infrastructure spending.
NBCC’s capital structure remains robust, with the government holding a 61.75% promoter stake. This significant promoter holding underscores long-term stability and ensures alignment with national infrastructure development objectives, which is viewed positively by institutional and retail investors alike.
FAQ
What is the latest dividend for NBCC stock?
NBCC currently pays a dividend; the most recent was an interim dividend of ₹0.53 per share in February 2025, generating a yield of about 0.45%. NBCC has a consistent history of distributing dividends in line with its corporate policy and public sector practices.
What is the forecast for NBCC stock in 2025, 2026, and 2027?
Based on the current price of ₹118, the projected value is ₹153.40 for end-2025, ₹177 for end-2026, and ₹236 for end-2027. This outlook is underpinned by NBCC’s leadership in government infrastructure projects and steady contract inflows in India’s expanding construction sector.
Should I sell my NBCC shares?
Holding NBCC shares could be advantageous, given its established role in government contracts, resilient financials, and a solid track record. NBCC’s diversification across multiple large projects and status as a Navratna PSU support long-term value creation. If you seek mid- to long-term growth, NBCC’s current fundamentals and sector tailwinds make a strong case for holding.
How are NBCC shares taxed for investors in India?
NBCC shares are subject to standard Indian capital gains and dividend taxation. Dividends are taxed in the hands of the investor, and capital gains are taxed based on the duration of holding and prevailing thresholds. There are no special tax-free investment schemes for NBCC, but gains and income must be declared under Indian tax law.
What is the latest dividend for NBCC stock?
NBCC currently pays a dividend; the most recent was an interim dividend of ₹0.53 per share in February 2025, generating a yield of about 0.45%. NBCC has a consistent history of distributing dividends in line with its corporate policy and public sector practices.
What is the forecast for NBCC stock in 2025, 2026, and 2027?
Based on the current price of ₹118, the projected value is ₹153.40 for end-2025, ₹177 for end-2026, and ₹236 for end-2027. This outlook is underpinned by NBCC’s leadership in government infrastructure projects and steady contract inflows in India’s expanding construction sector.
Should I sell my NBCC shares?
Holding NBCC shares could be advantageous, given its established role in government contracts, resilient financials, and a solid track record. NBCC’s diversification across multiple large projects and status as a Navratna PSU support long-term value creation. If you seek mid- to long-term growth, NBCC’s current fundamentals and sector tailwinds make a strong case for holding.
How are NBCC shares taxed for investors in India?
NBCC shares are subject to standard Indian capital gains and dividend taxation. Dividends are taxed in the hands of the investor, and capital gains are taxed based on the duration of holding and prevailing thresholds. There are no special tax-free investment schemes for NBCC, but gains and income must be declared under Indian tax law.