NBCC to Build Educational Projects Worth Rs 646 Million Across Three States
29 Apr 2025
2 Min Read
CW Team
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鈥檚 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鈥檚 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鈥檚 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鈥檚 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鈥檚 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鈥檚 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.
Next Story
Mahindra Lifespaces Targets Rs 10,000 Bn Sales by FY30
Mahindra Lifespace Developers aims to more than treble its sales to Rs 100 Bn by financial year twenty thirty, up from Rs 33 Bn in financial year twenty twenty-five. Backed by a strong land bank, robust pipeline, and rights issue of Rs 15 Bn, the company is focusing on growth in premium housing and industrial leasing.The company鈥檚 gross development value (GDV) has grown from Rs 44 Bn in financial year twenty twenty-four to Rs 181 Bn in financial year twenty twenty-five, with the current pipeline at Rs 390 Bn. New launches are planned in Whitefield, Malad, Bhandup, Mahalaxmi and Pune.Mahindra..
Next Story
Bhubaneswar New Station Starts Three Express Trains to Ease Congestion
East Coast Railway has begun full-scale operations of three major express trains from the Bhubaneswar New Railway Station (BBSN) from 12 May 2025. The move aims to improve connectivity and reduce congestion at the Bhubaneswar Main Station.The trains now operating from BBSN include the Mumbai鈥揃hubaneswar Konark Express, the Secunderabad鈥揃hubaneswar Visakha Express, and the Bhubaneswar鈥揤isakhapatnam Intercity Express. All three were previously routed through the Bhubaneswar Main Station.BBSN, located in northern Bhubaneswar, is expected to benefit residents of northern city zones, Cuttack,..
Next Story
Indian Railways Clears Survey for New Line in Sikkim
The Ministry of Railways has approved a Final Location Survey for a proposed railway line in Sikkim, connecting Melli to Dentam via Jorethang and Legship. The Rs 22.5 Mn survey will be conducted by Northeast Frontier Railway to assess technical and financial feasibility.The planned 75-kilometre corridor aims to improve rail access in the under-served southern and western regions of Sikkim. The project is backed by Railway Minister Ashwini Vaishnaw and follows efforts by Member of Parliament Indra Hang Subba.This new line is intended to extend the under-construction Sivok鈥揜angpo railway proje..
