NBCC (India) – Consolidated Profit & Loss Account
Unit: ₹ in Crores | Period: 12 months ending March
| Particulars | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| Revenue From Operations [Gross] | 12,038.57 | 10,328.38 | 8,648.71 | 7,574.89 | 6,739.94 |
| Revenue From Operations [Net] | 12,038.57 | 10,328.38 | 8,648.71 | 7,574.89 | 6,739.94 |
| Other Operating Revenues | 0.00 | 104.26 | 105.73 | 115.72 | 92.13 |
| Total Operating Revenues | 12,038.57 | 10,432.64 | 8,754.44 | 7,690.61 | 6,832.07 |
| Other Income | 234.42 | 234.04 | 207.03 | 193.96 | 180.29 |
| Total Revenue | 12,273.00 | 10,666.68 | 8,961.47 | 7,884.57 | 7,012.36 |
| Purchase Of Stock-In Trade | 241.79 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating And Direct Expenses | 0.00 | 9,346.28 | 7,821.81 | 7,040.87 | 6,228.52 |
| Changes In Inventories Of FG, WIP And Stock-In Trade | 142.98 | 95.02 | 108.88 | 36.67 | 36.80 |
| Employee Benefit Expenses | 348.09 | 328.70 | 333.57 | 309.58 | 308.80 |
| Finance Costs | 0.06 | 0.05 | 1.48 | 5.68 | 6.62 |
| Provisions and Contingencies | -62.40 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation And Amortisation Expenses | 7.44 | 5.30 | 5.22 | 4.57 | 5.57 |
| Miscellaneous Expenses Written Off | 0.00 | 38.92 | 46.09 | 19.09 | 25.38 |
| Other Expenses | 10,744.00 | 110.40 | 103.86 | 80.45 | 113.37 |
| Total Expenses | 11,421.97 | 9,924.68 | 8,420.90 | 7,496.90 | 6,725.05 |
| Profit Before Exceptional, Extraordinary Items & Tax | 851.02 | 742.00 | 540.58 | 387.66 | 287.31 |
| Exceptional Items | -95.96 | -183.57 | -169.66 | 0.00 | 0.00 |
| Profit Before Tax | 755.06 | 558.43 | 370.92 | 387.66 | 287.31 |
| Current Tax | 197.59 | 126.73 | 98.84 | 40.14 | 63.83 |
| Deferred Tax | 0.00 | 21.12 | -2.45 | 38.26 | 7.32 |
| Tax For Earlier Years | 0.00 | -3.69 | -2.49 | -1.59 | -20.28 |
| Total Tax Expenses | 197.59 | 144.16 | 93.90 | 76.81 | 50.86 |
| Profit After Tax | 557.47 | 414.27 | 277.02 | 310.85 | 236.44 |
| Extraordinary Items | 0.00 | 0.00 | 0.00 | -72.95 | 0.00 |
| Profit From Continuing Operations | 557.47 | 414.27 | 277.02 | 237.90 | 236.44 |
| Profit For The Period | 557.47 | 414.27 | 277.02 | 237.90 | 236.44 |
| Minority Interest | -16.29 | -12.82 | -11.34 | -13.61 | -14.44 |
| Share Of Profit/Loss Of Associates | -0.05 | 0.11 | 0.99 | 0.03 | -0.20 |
| Consolidated Profit After MI & Associates | 541.13 | 401.56 | 266.67 | 224.32 | 221.80 |
Disclaimer: The above financial data of NBCC (India) has been compiled from publicly available sources such as the company’s annual reports and stock exchange filings. This is provided for informational purposes only and does not constitute financial advice.
📊 NBCC (India) Consolidated Profit & Loss: 5-Year Financial Performance (FY21–FY25)
NBCC (India) Limited, a Navratna enterprise under the Ministry of Housing and Urban Affairs, has shown a steady growth trajectory over the past 5 financial years. The table above presents a detailed breakdown of NBCC’s consolidated profit and loss account, highlighting the company’s financial journey from FY2020–21 to FY2024–25.
🔍 Let’s Understand the Key Financial Highlights:
📈 1. Revenue Growth Over 5 Years
The company’s Total Operating Revenue has grown from ₹6,832.07 crore in FY21 to ₹12,038.57 crore in FY25 — a 76% increase over five years.
FY21: ₹6,832.07 Cr
FY25: ₹12,038.57 Cr
5-Year CAGR (approx): 15.1%
This reflects strong execution of government and public infrastructure projects, particularly in real estate and redevelopment.
💰 2. Other Income Support
NBCC has consistently generated other income between ₹180 Cr to ₹234 Cr — mainly from interest income, dividends, and write-backs — which adds to its profit base and cushions operational volatility.
💸 3. Operating Expenses: A Close Watch
A significant portion of costs includes Operating & Direct Expenses and Other Expenses.
In FY24, direct expenses spiked to ₹9,346 Cr — pointing to project execution at scale.
The FY25 Other Expenses seem unusually high (₹10,744 Cr) — this might include provisioning or project cost recognition and should be analysed in detail by investors.
🧾 4. Net Profit Consistency
Despite fluctuations in expenses and provisions, NBCC has consistently remained profitable:
| Year | Consolidated Profit After Tax (₹ Cr) |
|---|---|
| FY21 | 221.80 Cr |
| FY22 | 224.32 Cr |
| FY23 | 266.67 Cr |
| FY24 | 401.56 Cr |
| FY25 | 541.13 Cr |
That’s a compound profit growth of over 21% CAGR, showcasing excellent financial discipline.
💹 5. Profit Before Tax and Margins
PBT Margin (FY25): ~6.1% (₹755.06 Cr on ₹12,273 Cr Revenue)
Improved profitability in FY24 and FY25 despite a sharp rise in cost shows that NBCC is managing margins efficiently through scale and execution.
🧾 6. Taxation and Deferred Adjustments
NBCC’s tax expense increased from ₹50.86 Cr in FY21 to ₹197.59 Cr in FY25, aligned with its rising profits.
Deferred tax and adjustments for earlier years remain small, indicating transparent and conservative accounting.
🟩 Conclusion: What This Means for Investors
NBCC’s robust revenue growth, expanding profits, and consistent performance over five years paint a positive picture for long-term investors. The spike in revenue and profits in FY25 suggests that new project wins and better execution are translating into solid financial results.
Its government backing and leadership in project management consultancy make it a low-risk PSU with steady upside.
If you’re an investor tracking NBCC stock, this historical financial performance supports long-term value creation.
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