NBCC (India)

“INR 15,000-16,000 there on top line, around INR 1,100-1,200 on PAT.”

“In terms of order book position, NBCC's standalone order book is standing at INR 1,12,000 crores and consolidated order book INR 1,26,000 crore.”

“New business secured in Q2 stands INR 3,600 crore on a consolidated basis”

“RBI Residential Complex at Amaravati, AP, New Andhra Pradesh, valuing INR 800 crores, Housing Project at Seychelles valuing around INR 600 crores.”

“In Q2, we have awarded INR 1,500 crores of new tenders on consolidated level, which makes a total of INR 3,200 crores H1 in FY26-27.”

“So recently, we have some government work of INR 2,500 crores that we got.”

“All major packages in the redevelopment projects are in the running stage. Currently, it has INR 9,200 crores of balance workload.”

“Phase II of the Amrapali Project has started in different packages, and currently, there's INR 8,000 crores of balance workload.”

“Similarly, 7 GPRA, almost a lot of waiting list for the officers. The officers used to travel one or two hours from Noida or the Faridabad, Gurgaon. Now they are getting their home. Almost 5,000 of homes already, we have handed over flats. Another 9,000 work is in progress.”

“But definitely, next year onwards, 7 GPRA, we're going to complete all by the end of next year, December or March, we're going to complete both Amrapali Phase II as well as 7 GPRA.”

“Usually, three to four years, we can complete PMC projects. For redevelopment project, four to five years.”

“I think we'll going to get one or two orders in this year itself.”

“Earlier there was a bar to PSUs. Only state government can execute more than INR 50 crores work order. So now that barrier has been already removed, so we got successfully executed nine MoUs.”

“We're going to get two, three state new work order and redevelopment model during this year itself.”

“Of course, Delhi required lot of redevelopments, all old buildings and in dilapidated conditions.”

“After seeing the successful story of Delhi, that 7 GPRA and all, even Port Trust everywhere, even government department, income tax, GST department, everybody wanted to do on this model.”

“On standalone basis, EBITDA increased significantly by 154% INR 219 crores from INR 86 crores.”

“This time, EBITDA has increased to 8%, basically. We used to say that EBITDA is in the range of 5-6%, but this time we have achieved, including in Q1 also, we have recorded 9%. So, it was primarily because of the marketing fee we earn on sale of self-sustainable project on behalf of Ministry of Housing and Urban Affairs.”

“Because our stand is like that, we work on a fixed cost structure. Whenever there is an increase in revenue, it is going to have positive impact on EBITDA.”

“For H1, the marketing fee is around INR 100 crore, approximately.”

“INR 88 crore in Q1.”

“And in the last, to update about the HSCC merger, it is on fast track so that we would have better synergy.”

“37-D already work awarded. Contractor already mobilized. Piling work already started. So, the sale will be started, I think, hopefully sale, we'll be going to launch in the month of January.”

“Once the shareholder agreement is over, then we'll going to start the planning and execution of the project. Next year onwards, I think we'll start the construction.”

“And, hopefully, this month or maybe first week of the December, we are going to do the groundbreaking ceremony.”

“Yeah, we are planning to start sale in a phase manner, and I think first phase will be by end of December or maybe in January 2027. That will be only sale. Cash will be received, but revenue will be recognized only after completion of that possession.”

“Before starting off call, we welcome our new Director (Projects), Shri. Ashutosh Gautam.”

“No one-off. It is perennial income. It will come up.”

“But still, whenever AQI is increased, they'll be going to stop the construction. That will affect only our Delhi projects, not other projects.”

“MAHAPREIT could not take up, and Jammu & Kashmir also got delayed.”

“So, due to approvals and the financial arrangement, it is getting delayed.”

“due to GRAP, some earthwork and some restrictions on some items, but let us see.”

“Actually, due to election Code of Conduct, it could not be start. I think November 12th, the election is over. Local election is going on. November, December, the Rajasthan Mandapam tender will also come.”

“For Q2 operation and execution, we have achieved a revenue from operation of INR 2,890 crores standalone and INR 3,396 crores on consolidated, reflecting a 38% YoY increase on standalone basis.”

“And our standalone PAT increased by 31%, stands at INR 225 crores, marking a significant growth.”

“For H1 operation and execution, we have achieved a revenue of operation INR 4,713 crores standalone INR 5,655 crores on consolidated, reflecting 26% YoY increase on standalone basis.”

“Our standalone PAT stands at INR 376 crores, marking a significant 31% YoY growth.”

“NBCC successfully sold residential apartments of 8.8 lakh square feet area at Avenue Towers, opposite to Leela hotel, Sarojini Nagar, New Delhi through an open e-auction at a total sale value of INR 5,191 crores.”