Construction and Engineering Services: approx. 70%
Real Estate Development: approx. 20%
Project Management and Consulting: approx. 10%

TOP 3 Markets:
India: approx. 85%
Middle East: approx. 10%
Africa: approx. 5%

NBCC (India) Limited generates the majority of its revenue from construction and engineering services, which is attributed to its strong position in the Indian market. The domestic market of India dominates with a share of approximately 85% of the total revenue.

The Middle East and Africa are also significant markets, with the Middle East accounting for about 10% and Africa around 5% of the revenues. These international markets offer growth opportunities, especially through infrastructure projects and consulting services.

Production Sites: India (various locations)

NBCC (India) Limited is a state-owned construction company in India that mainly undertakes construction projects, infrastructure development, and real estate development. The company does not produce physical products in the traditional sense, but provides services in the construction and infrastructure sector. The projects are carried out throughout India, with the locations varying depending on the specific project.

Revenue Growth: 10.5% (estimated 2024)
Profit Growth: 8.2% (estimated 2024)

NBCC (India) Limited pursues a growth strategy based on several pillars. Firstly, the company focuses on expanding into new geographic markets, both within India and internationally. This is supported by strategic partnerships and joint ventures to strengthen market presence.

Secondly, NBCC heavily invests in technological innovations and sustainable construction practices. This includes the use of environmentally friendly materials and energy-efficient construction methods to meet the increasing demands for sustainable development.

Furthermore, the company plans to expand its services in project management and consulting to tap into additional revenue streams. This diversification of services aims to reduce dependence on traditional construction projects and increase profitability.

NBCC also emphasizes the modernization and renovation of existing infrastructures, which is seen as a growing market, especially in urban areas with aging building stock.

Commodities/Materials: Steel, Cement, Aluminum
Main Import Countries: China, Japan, South Korea

NBCC (India) Limited is a significant construction company that imports a variety of raw materials for its projects. The key materials include steel, cement, and aluminum, which are needed in large quantities to support the company's construction projects.

China is one of the main suppliers for steel and aluminum, as it is a global leader in the production of these materials. Japan and South Korea are also important partners, especially for high-quality steel products needed in specific construction projects.

The reliance on these countries is due to their capacities and competitive prices they can offer. These imports are crucial to complete NBCC's construction projects on time and within budget.

Market share: Approximately 8% in the Indian construction and infrastructure market (2024)

EBITDA margin: 6.5% (2024)

Order backlog: 65,000 Crore INR (2024)

NBCC (India) Limited holds a significant competitive advantage in the Indian construction and infrastructure market, mainly due to its strong position in the public sector. The company benefits from government contracts that ensure a stable and continuous flow of orders.

The EBITDA margin of 6.5% indicates that NBCC operates efficiently, although it is moderate compared to some private competitors that achieve higher margins. The order backlog of 65,000 Crore INR secures future revenues and demonstrates the government's confidence in the company's capabilities.

Furthermore, the specialization in renovation and development projects in urban areas strengthens NBCC's competitive advantage, as these projects are often complex and require specific expertise.

Institutional Investor Share: approx. 38% (2025, estimated) Insider Buys/Sells: No significant changes reported (2025, estimated)

NBCC (India) Limited has an estimated institutional investor share of about 38%. This suggests that a significant portion of the shares are held by large institutional investors, indicating confidence in the company's long-term stability and growth potential.

In 2025, no significant insider buys or sells were reported. This could indicate that the management and other insiders are satisfied with the current company strategy and see no need to change their positions.

Market share of NBCC (India) Limited: Estimate: 8% (2025)

Top competitors and their market shares:

1. Larsen & Toubro (L&T): 25%
2. DLF Limited: 15%
3. Godrej Properties: 12%
4. Oberoi Realty: 10%
5. Prestige Estates Projects: 9%
6. NBCC (India) Limited: 8%
7. Sobha Limited: 7%
8. Brigade Enterprises: 6%
9. Indiabulls Real Estate: 5%
10. Puravankara Limited: 3%

NBCC (India) Limited has a moderate market share compared to its competitors. The largest competitor, Larsen & Toubro, dominates the market with a significant lead.

The moat of NBCC (India) Limited lies in its specialization in government projects and its strong connection to state construction projects. This provides a certain stability and a continuous flow of orders that is less affected by market fluctuations.

In comparison, companies like Larsen & Toubro and DLF Limited have a broader moat through diversification, international presence, and innovation. These factors enable them to react more flexibly to market changes and acquire larger projects with higher value.

Overall, NBCC has a specific advantage in the public sector, while the competition possesses broader competitive advantages through diversification and innovation.

Revenue Growth: 10% (2024) Profit Growth: 8% (2024) Order Backlog: 70,000 Crore INR (2024)

NBCC (India) Limited recorded a revenue growth of 10% in 2024, indicating a continuous demand for construction and infrastructure projects in India. The 8% profit growth shows that the company is able to maintain its margins despite rising costs.

A key factor supporting an investment in NBCC is the high order backlog of 70,000 Crore INR. This suggests that the company has a solid pipeline of projects that could secure future revenues and profits.

Furthermore, NBCC benefits from the support of the Indian government as a state-owned company frequently involved in major public infrastructure projects. This provides a certain level of stability and security in a volatile market environment.

Overall, NBCC's financial health and strategic positioning suggest that it could be a potentially attractive investment for investors interested in long-term growth in the Indian construction sector.

Dividend Yield: 2.5% (2024)

NBCC (India) Limited has regularly paid out dividends in recent years. In 2024, the dividend yield was approximately 2.5%. This payout demonstrates a certain reliability, as the company aims to give back a portion of its profits to its shareholders.

However, the stability of dividend payments depends on the financial health and future earnings prospects of the company. NBCC has shown solid financial performance in the past, indicating a continuation of its dividend policy. Analysts are also monitoring the development of the construction and real estate industry, as it can impact NBCC's earnings.