NBCC Bags ₹220 Crore Construction Orders from Canara Bank and NVS

• ₹163 crore project for Canara Bank’s head office annex in Bengaluru

• New Navodaya Vidyalaya campuses awarded in Maharashtra and Telangana

• NBCC posts strong Q2 FY26 profit and revenue growth

State-owned NBCC (India) has secured multiple construction contracts worth a combined ₹220.31 crore from Canara Bank and Navodaya Vidyalaya Samiti, according to a company statement.

The largest of the new orders comes from Canara Bank, under which NBCC will undertake the planning, design, and execution of the bank’s Head Office Annex Building in Bengaluru. The project is valued at ₹163.12 crore and will be executed on a comprehensive construction basis, covering architectural planning and on-ground implementation.

In the education infrastructure segment, NBCC has received two additional orders from Navodaya Vidyalaya Samiti. These include the construction of a boys’ dormitory along with four warden residences at Jawahar Navodaya Vidyalaya (JNV) Jalna in Maharashtra, valued at ₹9.01 crore. The company has also been awarded the contract for developing the permanent campus of JNV Medchal in Telangana, with a project cost of ₹48.18 crore.

Together, the projects reinforce NBCC’s presence in institutional and social infrastructure development, particularly in banking and central government education facilities.

NBCC operates across three core business verticals—project management consultancy (PMC), real estate development, and engineering, procurement & construction (EPC). As of September 2025, the Government of India holds a 61.75% stake in the company, underscoring its status as a key public-sector construction enterprise.

The order wins come at a time of improving financial performance for NBCC. In the second quarter of FY26, the company reported a 25.21% year-on-year increase in consolidated net profit, which rose to ₹156.68 crore. Revenue from operations also saw a robust 18.99% growth, reaching ₹2,910.19 crore compared with the same quarter last year.

Market reaction to the announcement remained steady. Shares of NBCC (India) rose 0.29% to ₹122.10 on the BSE, reflecting continued investor confidence in the company’s order pipeline and execution capabilities.

With a strong balance sheet, rising profitability, and consistent inflow of government-backed projects, NBCC continues to play a significant role in India’s infrastructure and institutional construction landscape.