In 1960, the state-owned NBCC of India was established. The organization’s central command is situated in New Delhi and there are 31 additional territorial workplaces all through India. It operates under the Navratna Company’s segments as PMC, EPC, and Real Estate Development. Project Management Consultancy, Engineering Procurement & Construction, and Real Estate are the three main areas of activity for the company, which is a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs.
NBCC Share Price Target 2024-2030
Putting resources into shares requires proficient selections in view of exhaustive examination and master examination. You have come to the right place if you are interested in NBCC stocks. This weblog will offer unique experiences into the NBCC Offer Value Focus from 2024 to 2030. Our evaluation is based absolutely at the association’s development, general by and large execution, and fate possibilities, ensuring you have the realities you need to go with a valid investment choice.
What Is NBCC Limited?
Under the Ministry of Housing and Urban Affairs, NBCC (India) Limited, formerly known as National Buildings Construction Corporation, is a prestigious Government of India Navratna Enterprise. Since its inception in 1960, NBCC has had a significant impact on India’s infrastructure landscape. Since the company provides a wide range of construction and engineering services, it plays a significant role in the development of the United States’ infrastructure. NBCC’s middle business boss includes 3 key fragments: Venture The executives Consultancy (PMC), Designing Acquirement and Development (EPC), and Land Improvement.
NBCC Share Price Target Today Update
- Since a few days ago, NBCC stock has been falling on the National Stock Exchange. This may be because of the company’s stock profit booking.
- Between January 19 and February 2, the NBCC (NSE) stock rose from Rs 87,20 per share to Rs 168.65.
- NBCC Ltd, ”Public Structures Development Company Restricted” has as of late posted its monetary outcomes for the second from last quarter of FY24 with an EBITDA of Rs 117.7 crores.
- It is a leap of 23% year over year. The state-owned NBCC share price increased by 7.41 percent to Rs 139 per share, from Rs 129.40 on the BSE, during the honorable Finance Minister Nirmala Sitharaman’s Annual Budget Presentation in the parliament.
- This announcement called for the construction of two crore homes within the next five years.
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NBCC Business Profile
- Project Management Consultancy– Structural designing errands incorporate private and business edifices building, medical clinics building, instructive establishments building, Government re-advancement undertakings.
- Engineering Procurement & Construction – Tasks, for example, Tall structure Fireplaces, Cooling Pinnacles and Coal Dealing with Plants have been executed though benefits contain Activities conceptualization, Possibility review, Point by point Venture Reports, Fundamental and definite Designing, Obtainment, Development, Authorizing and Testing giving over of clients in prepared to utilize and utilitarian circumstances.
- Real Estate Development– Apartments and townships make up the residential projects, while shopping malls and corporate office buildings make up the commercial projects.
Collaborations
In order to carry out infrastructure and energy development projects in India and the Republic of Belarus, the company collaborated with Belzarubezhstroy, JSV of Belarus, and DFID (Department for International Development) India to strengthen, promote, and develop Sustainable Smart Cities and Integrated Smart Railway Stations with Green Building Technologies in India.
Order Book
The company’s order book for H1FY24 is estimated to be worth approximately Rs. 55300 crores. Inside FY24 just, orders worth around Rs. 7000 crores were set by the Kerala Lodging Board, Government Presses redevelopment project, Ravenshaw College, Public Works Division (PWD) Puducherry and Bokaro Steel among others.
MOU with ICAI
ICAI has marked a MOU with NBCC for kinds of arranging, developments, developments and remodels of the different structures in India for an expense of 6.5% percent (no GST might be collected) from the genuine venture cost.
Project Completions
For MHA, the company is working on border fencing along the Indo-Bangladesh line in the states of Mizoram, Meghalaya, and Tripura. Recently, it completed and turned over for maintenance a sixty-one-kilometer Indo-Pak border fence and thirteen BOPs in Kutch, Gujarat.
NBCC Fundamentals & Quarterly Results
Parameter | Value |
Market Cap | ₹ 27,810 Cr. |
Current Price | ₹ 154 |
High / Low | ₹ 177 / 38.1 |
Stock P/E | 52.2 |
Book Value | ₹ 12.4 |
Dividend Yield | 0.34 % |
ROCE | 32.7 % |
ROE | 25.6 % |
Face Value | ₹ 1.00 |
Debt to Equity | 0.00 |
Debt Capacity | 0.20 |
Debt Preceding Year | ₹ 0.45 Cr. |
Debt | ₹ 0.64 Cr. |
Reserves | ₹ 2,046 Cr. |
EPS | ₹ 2.23 |
EPS Last Year | ₹ 2.23 |
Pledged Percentage | 0.00 % |
FCF Previous Year | ₹ -451 Cr. |
EV/EBITDA | 30.3 |
Industry PE | 34.7 |
PEG Ratio | 7.14 |
Piotroski Score | 8.00 |
Earnings Yield | 3.19 % |
Sales Growth (5 Years) | 0.97 % |
NBCC Quarterly Results
Quarter | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
Sales (₹ Cr) | 2,441 | 1,799 | 2,030 | 2,136 | 2,813 | 1,918 | 2,053 | 2,424 | 4,024 |
Expenses (₹ Cr) | 2,368 | 1,747 | 1,941 | 2,041 | 2,709 | 1,861 | 1,958 | 2,306 | 3,781 |
Operating Profit (₹ Cr) | 73 | 52 | 88 | 95 | 104 | 57 | 96 | 117 | 243 |
OPM % | 3% | 3% | 4% | 4% | 4% | 3% | 5% | 5% | 6% |
Other Income (₹ Cr) | -18 | -55 | 44 | 1 | 48 | 48 | 11 | 36 | -44 |
Interest (₹ Cr) | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation (₹ Cr) | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 |
Profit Before Tax (₹ Cr) | 53 | -6 | 131 | 95 | 151 | 104 | 105 | 152 | 198 |
Tax % | 22% | 13% | 26% | 25% | 25% | 25% | 22% | 25% | 28% |
Net Profit (₹ Cr) | 41 | -5 | 98 | 71 | 114 | 77 | 82 | 114 | 141 |
EPS (₹) | 0.20 | -0.03 | 0.53 | 0.38 | 0.60 | 0.42 | 0.44 | 0.62 | 0.76 |
CAGR Report
Metric | 10 Years | 5 Years | 3 Years | 1 Year/TTM |
Compounded Sales Growth | 10% | 1% | 14% | 19% (TTM) |
Compounded Profit Growth | 8% | 7% | 34% | 38% (TTM) |
Stock Price CAGR | 23% | 22% | 43% | 285% |
Return on Equity | 19% | 17% | 21% | 26% (Last Year) |
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NBCC Shareholding Pattern
Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
Promoters (%) | 75.00% | 74.29% | 68.18% | 61.75% | 61.75% | 61.75% | 61.75% | 61.75% |
FIIs (%) | 4.02% | 5.62% | 4.67% | 5.80% | 2.97% | 3.31% | 3.43% | 4.33% |
DIIs (%) | 10.00% | 9.35% | 12.63% | 13.05% | 10.64% | 11.08% | 10.61% | 9.94% |
Public (%) | 10.98% | 10.74% | 14.52% | 19.39% | 24.64% | 23.86% | 24.21% | 23.98% |
No. of Shareholders | 1,23,551 | 1,72,448 | 2,75,919 | 3,17,827 | 4,70,011 | 5,49,670 | 5,28,298 | 13,19,446 |
NBCC Share Price Target 2024-2030 Forecast
Year | Initial Target | Mid-Year Target | Year-End Target |
2024 | ₹101.75 | ₹126.93 | ₹142.05 |
2025 | ₹145 | ₹136 | ₹162 |
2026 | ₹165 | ₹155 | ₹185 |
2027 | ₹189 | ₹178 | ₹212 |
2028 | ₹216 | ₹203 | ₹243 |
2029 | ₹248 | ₹233 | ₹277 |
2030 | ₹283 | ₹267 | ₹319 |
NBCC Share Price Target 2025
Month | Target |
January | ₹145 |
February | ₹148 |
March | ₹151 |
April | ₹146 |
May | ₹141 |
June | ₹136 |
July | ₹141 |
August | ₹147 |
September | ₹153 |
October | ₹156 |
November | ₹159 |
December | ₹162 |
NBCC Share Price Target 2026
Month | Target |
January | ₹165 |
February | ₹168 |
March | ₹171 |
April | ₹165 |
May | ₹160 |
June | ₹155 |
July | ₹161 |
August | ₹167 |
September | ₹174 |
October | ₹177 |
November | ₹181 |
December | ₹185 |
NBCC Share Price Target 2027
Month | Target |
January | ₹189 |
February | ₹193 |
March | ₹197 |
April | ₹190 |
May | ₹184 |
June | ₹178 |
July | ₹185 |
August | ₹192 |
September | ₹200 |
October | ₹204 |
November | ₹208 |
December | ₹212 |
NBCC Share Price Target 2028
Month | Target |
January | ₹216 |
February | ₹220 |
March | ₹224 |
April | ₹217 |
May | ₹210 |
June | ₹203 |
July | ₹211 |
August | ₹219 |
September | ₹228 |
October | ₹233 |
November | ₹238 |
December | ₹243 |
NBCC Share Price Target 2029
Month | Target |
January | ₹248 |
February | ₹253 |
March | ₹258 |
April | ₹249 |
May | ₹241 |
June | ₹233 |
July | ₹242 |
August | ₹252 |
September | ₹262 |
October | ₹267 |
November | ₹272 |
December | ₹277 |
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NBCC Share Price Target 2030
Month | Target |
January | ₹283 |
February | ₹289 |
March | ₹295 |
April | ₹285 |
May | ₹276 |
June | ₹267 |
July | ₹278 |
August | ₹289 |
September | ₹301 |
October | ₹307 |
November | ₹313 |
December | ₹319 |
The Future Growth of NBCC Limited
NBCC is fixated on developing its endeavor control consultancy and genuine effects advancement sections, showing standard size fate blast capacity. With solid financial standing and promising future possibilities, NBCC Limited is a prominent player in the introduction and infrastructure sector. In light of our master assessment, NBCC stocks are anticipated to complete well inside the next few years. Putting resources into NBCC can be a reasonable flow for long haul purchasers. You can strengthen your financial future and maximize the returns on your investments by remaining informed and making decisions based on information.
Purchase For NBCC Share Price
Numerous buying and selling structures, including Zerodha, Upstox, Groww, and Angelone, allow you to acquire NBCC share price. Here is a step-by-step instruction manual:
- Open a Trading Account: Pick a business stage and open a looking for and advancing record.
- Complete KYC: Complete the Know Your Client (KYC) technique, which incorporates submitting character archives.
- Fund Your Account: Utilize exclusive available methods to transfer funds to your purchasing and advertising account.
- Search for NBCC Shares: Utilize the platform’s search function to gain access to the ticker picture and learn about NBCC stocks.
- Place an Order: Pick the range of offers you need to purchase and region a market or limitation request.
- Monitor Your Investment: Keep track of your funding and remain up to date on market information and company performance.
Final Words
After the Honourable Finance Minister of India presented its Interim Annual Budget 2024, NBCC share prices have recently increased. Nirmanal Sitharman, the finance minister, said that the plan to build two crore homes in the next five years would be moved forward. This prompted a slight leap in the NSE NBCC Stock however descended subsequently.
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