NBCC (India) (534309) Q2 26/27 earnings summary

Executive summary

• Q2 FY27 standalone revenue from operations rose 37.78% YoY to ₹2,889.62 Cr and PAT increased 30.54% to ₹225.24 Cr; consolidated order book stood at ₹1,26,181 Cr at 30 Sep 2026.

• H1 FY27 standalone revenue from operations was ₹4,712.66 Cr, up 25.54% YoY, and PAT was ₹375.89 Cr, up 26.10%.

• Q2 FY27 consolidated revenue was ₹3,39,577.56 lakh and net profit ₹20,984.73 lakh; H1 consolidated revenue reached ₹5,65,530.43 lakh and net profit ₹36,785.54 lakh.

• Auditors issued unmodified limited-review conclusions on standalone and consolidated results.

Financial highlights

• Q2 consolidated revenue was ₹3,39,577.56 lakh versus ₹2,91,393.49 lakh YoY; net profit was ₹20,984.73 lakh versus ₹15,668.72 lakh.

• Q2 standalone revenue was ₹2,88,962.39 lakh versus ₹2,09,725.25 lakh YoY; net profit was ₹22,523.85 lakh versus ₹17,254.98 lakh.

• H1 standalone revenue was ₹4,71,265.97 lakh and net profit ₹37,588.86 lakh; consolidated net profit attributable to parent owners was ₹36,123.82 lakh versus ₹28,564.61 lakh.

• Q2 new business secured was ₹2,965 Cr and works awarded ₹1,185 Cr; H1 totals were ₹4,176 Cr and ₹2,537 Cr, respectively.

• H1 operating cash flow was negative ₹95,520.78 lakh consolidated and negative ₹59,712.58 lakh standalone; consolidated cash and cash equivalents ended at ₹2,07,588.55 lakh.

Outlook and guidance

• Consolidated order book was ₹1,26,181 Cr at 30 Sep 2026; H1 consolidated new business secured was ₹5,159 Cr and works awarded ₹3,166 Cr.

• An Australian branch was incorporated on September 11, 2026, to pursue identified potential projects.

• Kochi residential project sales remain subject to environmental clearance and statutory approvals; a reconsideration application was submitted to SEIAA in August 2026.

• The HSCC merger remains subject to competent-authority sanction and applicable governmental, statutory and regulatory approvals.