NBCC to Build Educational Projects Worth Rs 646 Million Across Three States
ECONOMY & POLICY

NBCC to Build Educational Projects Worth Rs 646 Million Across Three States

NBCC (India) Ltd is set to start construction of three educational institutions across Delhi, Hyderabad, and Odisha. These projects, collectively, will be worth Rs 646.5 million, with a hostel in Delhi’s Mandoli district being the most expensive, at Rs 296.5 million. The remaining expenses are for work at NALSAR University of Law in Hyderabad (Rs 180 million), and Dhamnagar College in Bhadrak, Odisha (Rs 170 million).

These projects reflect NBCC’s increasing presence in educational infrastructure development, which is a departure from their traditional operations. These projects in particular, are of significance because they were all commissioned by the state governments, strengthening NBCC’s position in the public sector infrastructure development sector. 

In March, NBCC entered into a Memorandum of Understanding (MoU) with MAHAPREIT, which is the Maharashtra government's Mahatma Phule Renewable Energy and Infrastructure Technology Ltd. The agreement is for the execution of various consultancy and redevelopment projects. This collaboration is expected to significantly boost NBCC's revenue, with projections reaching Rs 50 billion in the 2025-26 financial year. NBCC's 

Chairman and Managing Director, K P Mahadevaswamy, indicates that the company anticipates a stable financial performance for FY25, with EBITDA margins likely to be between 5.5 per cent and 6 per cent. Currently, NBCC (India) Ltd shares are trading at Rs 100.28, a slight decrease of 0.53 per cent compared to the previous closing price. Over the past year, the stock has increased by 13 per cent, and in the last month, it has risen by 17 per cent.

NBCC (India) Ltd is set to start construction of three educational institutions across Delhi, Hyderabad, and Odisha. These projects, collectively, will be worth Rs 646.5 million, with a hostel in Delhi’s Mandoli district being the most expensive, at Rs 296.5 million. The remaining expenses are for work at NALSAR University of Law in Hyderabad (Rs 180 million), and Dhamnagar College in Bhadrak, Odisha (Rs 170 million).These projects reflect NBCC’s increasing presence in educational infrastructure development, which is a departure from their traditional operations. These projects in particular, are of significance because they were all commissioned by the state governments, strengthening NBCC’s position in the public sector infrastructure development sector. In March, NBCC entered into a Memorandum of Understanding (MoU) with MAHAPREIT, which is the Maharashtra government's Mahatma Phule Renewable Energy and Infrastructure Technology Ltd. The agreement is for the execution of various consultancy and redevelopment projects. This collaboration is expected to significantly boost NBCC's revenue, with projections reaching Rs 50 billion in the 2025-26 financial year. NBCC's Chairman and Managing Director, K P Mahadevaswamy, indicates that the company anticipates a stable financial performance for FY25, with EBITDA margins likely to be between 5.5 per cent and 6 per cent. Currently, NBCC (India) Ltd shares are trading at Rs 100.28, a slight decrease of 0.53 per cent compared to the previous closing price. Over the past year, the stock has increased by 13 per cent, and in the last month, it has risen by 17 per cent.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code