NBCC holds 66th annual general meeting
NBCC (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, Government of India, held its 66th Annual General Meeting (AGM) recently through Video conferencing/other audio-visual means.
KP Mahadevaswamy, Chairman & Managing Director, NBCC, chaired the meeting and addressed the shareholders. He also highlighted the Company’s strong financial performance, business growth and key achievements during FY 2025-26, while outlining the opportunities being pursued across redevelopment, real estate, institutional infrastructure and international markets.
The AGM was attended by members of the NBCC Board, including Suman Kumar, Director (Commercial), Anjeev Kumar Jain, Director (Finance), Sanjeet, Government Nominee Director, Vishal Puri, Independent Director and Deepti Gambhir, Company Secretary.
During his address, Mahadevaswamy highlighted the Company’s robust financial performance during FY 2025-26. NBCC recorded consolidated revenue of Rs 13,195.89 crore, registering a growth of 7.52%, while consolidated Profit After Tax (PAT) increased by 33.19% to Rs 742.45 crore.
The Company continued to strengthen its position in redevelopment and real estate. In the landmark Amrapali projects, NBCC is executing 38,000 residential units with a sanctioned value of Rs 8,598 crore, of which more than 32,550 homes have already been completed and are being handed over.
Under Phase-II, the Company is developing additional housing and monetising unused FAR to ensure project sustainability.
NBCC continued to expand its presence in international markets and generated overseas revenue of `211.12 crore during the year. A major milestone was the establishment of NBCC Overseas Real Estate LLC in Dubai, making it the first CPSE to enter Dubai’s real estate sector.
The Company also strengthened its engagement in Australia, Seychelles, Mauritius and the Maldives. Its flagship social housing project in Hulhumalé, Maldives, reflects NBCC’s capability to deliver quality infrastructure while supporting India’s growing international partnerships.
Mahadevaswamy reiterated that NBCC’s growth strategy remains anchored in redevelopment, project management consultancy, real estate development, asset monetisation, sustainable infrastructure and overseas expansion. With a strong order book, robust execution pipeline and increasing opportunities in strategic infrastructure and redevelopment, NBCC remains well positioned to contribute to the vision of Viksit Bharat @ 2047.
