This Navratna stock has gained 35% in 6 months; firm expects revenue to double to ₹25,000 crore by FY28

However, there are certain stocks that have performed decently over the past few months and look poised to rise further given the companies' consistent order wins and future plans.

One such stock is NBCC Ltd. Shares of the PSU, data show, have been rising consistently. The stock has rallied nearly 6% in five sessions, over 10% in one month, 34.66% in six months, and around 24% YTD.

However, during the one-year period, the stock price has fallen around 2.5%.

NBCC (India) Limited, formerly known as National Buildings Construction Corporation Limited, is a Government of India Navratna Enterprise. With operations spreading across India and overseas, the company, it says, is organised into three market-focused segments: PMC (Project Management Consultancy), EPC (Engineering Procurement & Construction) & RE (Real Estate).

Founded in 1960 as a Govt. of India Civil Engineering Enterprise, NBCC has its headquarters in Delhi. According to NBCC's official website, it has posted substantial growth since 2002-03, and its top line touched ₹10,666.68 crore in FY2023-24 against a meagre turnover of ₹501 crore in FY2002-03.

NBCC: Recent Developments

• Last week, state-owned NBCC (India) Ltd signed an initial pact with HUDCO to develop projects worth ₹117 crore.

In a statement, NBCC said it has signed a Memorandum of Understanding (MoU) with the Housing and Urban Development Corporation Ltd (HUDCO) to "execute transformative development projects in Panchkula, Kaushambi, Ahmedabad and New Delhi."

Under this agreement, NBCC will develop a commercial complex at Kaushambi in Ghaziabad, an integrated redevelopment of HUDCO's land parcel at Panchkula in Haryana, and the construction of new blocks at HUDCO's Regional Office in Ahmedabad.

It would also include the reconstruction of residential flats at the Asian Games Village Complex in the national capital.

"Together, these projects represent a combined investment of more than ₹117 crore and will be executed on a turnkey basis by NBCC," the statement said.

• Early in September 2025, NBCC said it had inked an MoU with Rajasthan State Industrial Development & Investment Corporation Ltd (RIICO) to develop a ₹3,700 crore worth project in Jaipur.

In a statement on Thursday, NBCC said it has signed a Memorandum of Understanding with RIICO for the development of Rajasthan Mandapam and allied infrastructure near Jaipur International Airport.

"RIICO will provide NBCC an initial interest-free advance of ₹50 crore, while NBCC will mobilise the remaining funds through the sale and lease of built-up spaces and planned plots," the statement said.

• In July 2025, NBCC bagged a ₹355 crore contract from FDCM Gorewada Zoo Ltd.

In a regulatory filing on Wednesday, NBCC said the company has bagged a contract for 'project management and supervision services to execute the African Zoo, Safari Plaza, Animal Hospital & Quarantine facility and other allied work'.

• NBCC has bagged a ₹296.53 crore work order from Meerut Development Authority.

In a regulatory filing on Monday, the company informed it has secured "re-development projects" of Meerut Development Authority (MDA) in Meerut, Uttar Pradesh.

NBCC Ltd: Plans ahead

The state-owned company, in August 2025, said it expects its revenue to reach around ₹25,000 crore in 2027-28, more than double from the last financial year, on the back of a huge order book of ₹1.2 lakh crore.

Replying to a query in a conference call post Q1 FY26 earnings with analysts regarding projected revenue, the company's management said, "This year ₹14,000 crore to ₹15,000 crore. Next year, there will be ₹18,000 crore to ₹19,000 crore. And 2027-28 around ₹25,000 crore."

During 2024-25, NBCC Ltd posted a net profit of ₹557.42 crore and a total income of ₹12,272.99 crore.

The NBCC management said its consolidated order book stood at ₹1.2 lakh crore at the end of the April-June quarter of this fiscal year and expressed confidence that the same will cross ₹2 lakh crore in the next 2-3 years.

"I think, in the next two years, three years, our order book will be more than ₹2 lakh crore," the management said, adding that the company was in discussions with various states and public sector enterprises to secure more contracts.

NBCC Q1 FY26 Results

The PSU reported a 26% increase in its consolidated net profit to ₹135.03 crore for the first quarter of the current fiscal year (Q1 FY26) on higher income.

Its net profit stood at ₹107.19 crore in the year-ago period.

The total income grew to ₹2,465.48 crore during the April-June period of the 2025-26 fiscal year from ₹2,196.20 crore logged in the corresponding period of the preceding year, according to a recent regulatory filing.

During 2024-25, NBCC Ltd posted a net profit of ₹557.42 crore and a total income of ₹12,272.99 crore.