National Buildings Construction Corporation Limited (NBCC (India) Limited)
NBCC (India) Limited is a blue-chip Government Of India Navratna
enterprise and a Central Public Sector undertaking which trades publicly in the market. The
Company's present areas of operations are categorized into three main segments, i.e.
(i) Project Management Consultancy (PMC), including redevelopment of government properties
(ii) Engineering, Procurement & Construction (EPC) and,
(iii) Real Estate Development.
NBCC acquired 100 per cent stake in Mini Ratna hospital consultancy firm Hospital Services
Consultancy Corporation Limited (HSCC) from Ministry of Health and Family Welfare on
November 6, 2018. The organization acquired over 51% stake in Hindustan Steelworks
Construction Limited (HSCL), a PSU under the Steel Ministry in 2017.
NBCC is headquartered in New Delhi and it has 31 regional offices across India. The projects
undertaken by the company are across India and in countries Iraq, Libya, Nepal, Mauritius, Turkey,
Botswana, Maldives, Yemen, Oman and UAE. The organization has executed several landmark
projects covering the re-development of government properties, construction of roads, railway
stations, Hospitals & Medical Colleges, Institutions, Offices, Bridges, and Industrial &
Environmental Structures.
NBCC is designated as the implementing agency for executing projects under the Atal Mission for
Rejuvenation and Urban Transformation (AMRUT), Pradhan Mantri Gram Sadak Yojna (PMGSY),
Solid Waste Management (SWM) and developmental work in North Eastern region.
NBCC is also working as Project Management Consultant (PMC) for the redevelopment of Pragati
Maidan project of India Trade Promotion Organisation. A number of Central Government ministries
and various State Governments have been utilizing the services of NBCC as their extended
engineering arm.
History
NBCC was incorporated in 1960 as a wholly owned Government of India enterprise under the
erstwhile Ministry of Works, Housing & Supply (MoWHS), which is now known as the Ministry of
Housing and Urban Affairs (MoHUA).
In 1977, NBCC started its overseas operations.
In 2007, NBCC paid a dividend to the Government of India for the first time and since then, it has
been paying a dividend every year. In the year 2008, the Department of Public Enterprises of the
Ministry of Heavy Industries and Public Enterprises, through its office memorandum No.
9(8)/2008-GM dated 3 October 2008 accorded the approval of the Ministry of Housing and Urban
Affairs upgrading NBCC from a Schedule "B" public sector enterprise to a Schedule "A" public
sector enterprise. Subsequently, on 14 October 2008, the NBCC was granted Schedule "A" PSU
status.
NBCC launched an IPO in April 2012 and was listed in BSE and NSE. In September 2012, NBCC
was granted the Mini Ratna- I status by the Government of India.
The Government of India granted the status of a 'Navratna Company' to NBCC with effect from 23
June 2014. The status of a 'Navratna PSE' made NBCC eligible to invest up to Rs 1,000 crore
without the requirement of explicit government approval.
In October 2014, NBCC set up its wholly owned subsidiary NBCC Services Limited (NSL). In
2018, NBCC’s order book had projects worth Rs.800 Billion.
Business segments
The Business Model of NBCC is categorized into three domains. They are project management
consultancy (PMC), Engineering Procurement and Construction (EPC) and Real Estate
Development.
Project Management Consultancy (PMC): NBCC majorly works as a consultant on
projects from concept stage to completion & maintenance. The company earns 93% of its
revenue through consultation fees paid by the government body responsible for the project.
Engineering Procurement and Construction (EPC): NBCC constructs cooling towers,
chimneys, coal plants and ESIC hospitals through EPC services by doing feasibility studies,
procurement, construction, designs and conceptualization among others. The public sector
behemoth acts as an EPC agency and also engages with various government departments for
project clearances. EPC revenues are a minuscule percentage of company's trade.
Real Estate Development: NBCC started real estate development in 1988. As of March
2019, it has been working as a land management agency for 10 CPSE’s which include, HMT
Watches, Hindustan Cables, Indian Drugs and Pharmaceuticals Ltd to create cost effective
housing projects.
Revenue generation/redevelopment model: NBCC has been focussing on self-sustaining
revenue generation model by taking up redevelopment of residential apartments for
government employees and railway stations. It commercially develops the adjoining land
parcels in the vicinity of the projects and makes it entirely self-sustainable. The major
projects executed through this model are the GPRA colonies at New Moti Bagh and East
Kidwai Nagar, New Delhi
Overseas Operations
In 1977, NBCC started working on international construction & infrastructure projects in the
Middle East and African countries. The company has been engaged in the construction of National
Prison Academy in Maldives, Supreme Court building and Social Housing project in Mauritius,
Mahatma Gandhi International Convention Centres in 9 African countries and the India Pavilion at
the Expo 2020
Subsidiaries and Joint Ventures
NBCC has formed subsidiaries and Joint Ventures for construction and & infrastructure projects in
India and abroad.
NBCC Services Limited
NBCC Gulf LLC
NBCC Engineering & Consultancy Ltd.
Hindustan Steel Works Construction Ltd
Real Estate Development & Construction Corporation of Rajasthan Ltd.
NBCC Environment Engineering Limited
NBCC International Limited
Hospital Services Consultancy Corporation Limited
Projects
National
Indo – Bangladesh/Indo-Pak border fencing works
1200 bedded hospital and medical college at Guwahati, Assam
Twin Tower World Trade Centre at Guwahati, Assam
Hospitals for ESIC all across the country
Solid Waste Management projects in 8 Airfield towns in India
Bhubaneshwar and Mysore Airports
NBCC Green View, Sector 37-D, Gurgaon
VIBGYOR Towers, Kolkata- 876 flats/8 towers Residential Real Estate project
NBCC Plaza, Saket, New Delhi- Commercial Real Estate project
LEED certified Green Building project named Indian Institute of Corporate Affairs (IICA)
of the Ministry of Corporate Affairs at Manesar, Haryana
Headquarter buildings for NIA, CBI, NIA in Delhi
Redevelopment of 10 railway stations
Construction of IITs, AIIMS and IIMs
Farakka Super Thermal Power Project chimney for NTPC in West Bengal
Constructions of two chimneys for NTPC at Barh, Bihar
Overseas
Water Treatment Plant at Kirkuk, Iraq
Bir Hospital in Nepal
Construction, furnishing and equipping of 200 bedded Indira Gandhi Memorial Medical
Hospital at Male, Maldives
48 km Kohalpur Mahakali Highway Project, Nepal
Baghdad University
Museum and Library Building, Hetauda, Nepal
1000 Houses at Bani Walid and 432 houses at Ghat, Libya
Runway and Terminal building at Ghat and Brak Airport, Libya
Construction of 774 housing units of Dawran, Dhamar, Yemen
Project Management Consultancy for 3600 housing units at Meer Project in Turkey
Hotel Ninevah Oberoi at Mousul, Baghdad
Sustainable construction
NBCC has adopted a policy to incorporate sustainable green features into its projects. The features
include Zero waste , Dual piping, Rainwater harvesting, Solar energy, smart electricity metering,
and LED/energy efficient fixtures. The projects undertaken by the company conform to Green
Building norms. The company makes use of environment friendly techniques and materials such as
steel structures, modular construction, pre-cast, pre-fab components and light weight concrete slabs
The company also ensures strict compliance with the guidelines to curb air and water pollution at its
project sites in its bid to contribute towards a safer environment.
Financial performance
NBCC's total income stood at INR 10151.37 Cr in 2018-19.
In the same period (2018–19) profit after tax stands at INR 391.64 Cr
Order pipeline of INR 75,000cr approx.
Net Worth: INR 1508.41 Cr.
