NBCC (India) Limited (NBCC) Q1 Results FY27 Preview: Date, Time, Expectations & Key Things To Watch

CompoundingAI Research Updated August 06, 2026 3 min read

NBCC (India) Limited enters the first quarter of FY 2026-2027 with a massive consolidated order book of Rs. 1,27,820 Cr, shifting the investor focus squarely toward its ability to convert these projects into revenue. The upcoming results will serve as the first credibility checkpoint for management's ambitious FY27 targets, specifically regarding project execution speed and the margin expansion path.

Quick Details

Results date	August 11, 2026
Quarter	Q1 FY 2026-2027
Previous quarter revenue	Rs. 3,913.75 Cr
Previous quarter PAT	Rs. 220.06 Cr
Previous quarter EBITDA margin	6.25%
Market cap	Rs. 26,101.03 Cr
CMP	Rs. 96.6

NBCC (India) Limited Q1 Results Date and Time

The board meeting is scheduled for August 11, 2026, to consider the audited financial results and recommend the first interim dividend for FY 2026-2027.

The board will consider recommending the first interim dividend for FY 2026-2027 during the meeting on August 11, 2026.

What to expect from NBCC (India) Limited's Q1 FY27 results

NBCC faces a seasonal trough in Q1, making the comparison against Q1 FY26's standalone revenue of Rs. 1,655 Cr a critical indicator of whether the company can sustain the 11.74% YoY growth achieved in FY26. Management has guided for a consolidated revenue range of Rs. 16,000-18,000 Cr for FY27, which requires a significant execution ramp-up as large projects like the Rs. 10,000 Cr Supertech mandate and the Rs. 25,000 Cr MAHAPREIT order move toward commencement. The margin trajectory remains a key focus, with management targeting an 8-9% EBITDA margin for FY27-28, a step up from the 5.5% standalone margin reported in FY26, contingent on a favorable shift in the PMC-heavy segment mix.

Key Things To Watch

Execution and Order Book Conversion: Management has repeatedly identified execution as the primary bottleneck for the Rs. 1,27,820 Cr order book.

Status of seed money arrangements for MAHAPREIT (Rs. 25,000 Cr) and J&K Satellite City (Rs. 15,000 Cr) projects.
Update on execution commencement for the Rs. 10,000 Cr Supertech project following the Supreme Court mandate.
Progress on Ghitorni land development consultant appointment and 37D Gurgaon tender finalisation.

Performance vs Guidance Tracking: Monitoring the path toward ambitious FY27 annual targets.

Consolidated Revenue — Rs. 16,000-18,000 Cr target for FY27 — Q1 run-rate assessment.
Standalone PAT — Rs. 1,000-1,200 Cr target for FY27 — margin trajectory check.
EBITDA Margin — 6-6.5% target for FY27 — roadmap for improvement from FY26 levels.

Strategic and Regulatory Updates: Key corporate and regulatory milestones impacting long-term operations.

HSCC merger status regarding MCA and Central Government approvals.
Update on construction restrictions in Delhi NCR due to GRAP enforcement and its impact on project timelines.
Progress on converting MoUs with BSNL and MTNL into firm orders.

Frequently Asked Questions

What is the status of the Supertech project execution?

The Supreme Court has upheld NBCC's appointment to complete approximately 50,000 units across 16 projects, with an estimated top-line of Rs. 10,000 Cr. The project operates on a self-sustainable model, and management is currently working on execution commencement.

How does NBCC plan to achieve its FY28 PAT target of Rs. 2,000 Cr?

Management considers the Rs. 2,000 Cr PAT target conservative, with potential for significant upside once possession is handed over for major real estate projects like Ghitorni and 37D. These projects are expected to be key drivers of bottom-line growth as they move toward completion.

Why did the company miss its consolidated revenue guidance for FY26?

The FY26 consolidated revenue of approximately Rs. 12,883 Cr fell short of the Rs. 14,000-15,000 Cr guidance due to execution challenges. Management specifically cited GRAP restrictions in Delhi as a factor that hindered construction activity during the year.