NBCC Q4 FY26: Net Profit Up 60% at ₹22,006 Crore, EPS at ₹0.82, 46% Dividend

New Delhi, May 25: NBCC reported a standalone net profit of ₹70,329 crore for FY26, a sharp 48% increase from ₹47,611 crore in FY25. Q4 net profit jumped 60% to ₹22,006 crore. The Board recommended a 46% final dividend.
Financial Highlights
For the full year FY26, total income stood at ₹10,05,545 crore, up from ₹8,94,371 crore in FY25. Profit before tax was ₹91,313 crore, compared to ₹62,976 crore. Earnings per share (basic) improved to ₹2.60 from ₹1.76. For Q4 FY26, total income was ₹3,96,505 crore, up from ₹3,26,054 crore in Q4 FY25, with profit before tax at ₹29,334 crore.
Supreme Court Reversal Boost
The company reported a reversal of exceptional loss amounting to ₹8,015.53 crore related to its Group Housing Real Estate project in Kochi, Kerala. The Supreme Court recalled its earlier judgment that had struck down certain environmental clearances. The earlier write-down has been reversed and the project has been reinstated under Real Estate Inventory as Work-in-Progress at its original total cost.
Dividend and Auditor Opinion
The Board recommended a final dividend of ₹0.46 per equity share (46% on face value of ₹1 per share), significantly higher than the previous year's dividend of ₹0.14 per share. The statutory auditor issued an unmodified opinion on both standalone and consolidated financial results. The company filed a formal declaration confirming the auditor's report is without any qualifications.
Green View Project Update
Regarding the NBCC Green View residential project in Gurugram which exhibited structural cracks, the company has recognized cumulative provisions and write-offs amounting to ₹46,883 crore. A recovery suit for ₹75,000 crore has been filed against the contractor in the Delhi High Court. Currently, 16 litigations are pending from allottees.
HSCC Merger and Other Projects
The government has conveyed its 'No Objection' to the proposed merger of HSCC (India) Limited, a wholly owned subsidiary, with NBCC. A Transaction Advisor has been appointed. For the Alwar project, a provision of ₹1,256 crore was reversed after the company received a firm sales commitment of ₹5,855 crore through e-auction.