NBCC (India) Limited - Revision history

106.203.132.59 at 15:15, 13 April 2022

2022-04-13T15:15:55Z

← Older revision		Revision as of 20:45, 13 April 2022
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	{{short description\|Indian ~~conglomerate~~}}		{{short description\|Indian government corporation}}
	{{Use Indian English\|date=December 2015}}		{{Use Indian English\|date=December 2015}}
	{{Use dmy dates\|date=May 2019}}		{{Use dmy dates\|date=May 2019}}
	{{Infobox company		{{Infobox company
	\| name = NBCC ~~(India)~~ Limited		\| name = NBCC Limited
	\| logo = NBCC ANNUAL REPORT 2014 15.svg		\| logo = NBCC ANNUAL REPORT 2014 15.svg
	\| logo_size =		\| logo_size =
	\| type = [[~~Government of India~~\|~~Government~~ Corporation]]		\| type = [[Statute\|Statutory Corporation]]
	\| traded_as = {{BSE\|534309}}<br />{{NSE\|NBCC}}		\| traded_as = {{BSE\|534309}}<br />{{NSE\|NBCC}}
	\| foundation = ~~1960 (~~Delhi, India)		\| foundation = New Delhi, India
	\| location = ~~[[Delhi, India]]~~		\| location =
	\| key_people = P K Gupta ~~, [[Indian Administrative Service\|IAS]]~~<br>{{small\|([[Chairman]] & [[Managing Director\|MD]])}}		\| key_people = P K Gupta <br />{{small\|([[Chairman]] & [[Managing Director\|MD]])}}, Rakesh Gupta <br />{{small\|([[Executive Director]])}}
	\| revenue = {{decrease}}{{INRConvert\|5210.34\|c}} (2020) <ref name="NBCC (India) Limited Financial 2020">[https://www.nbccindia.com/pdfData/UFR/NBCC_FR_Mar_20.pdf "Balance Sheet 31.03.2020"].</ref>		\| revenue = {{decrease}}{{INRConvert\|5210.34\|c}} (2020) <ref name="NBCC (India) Limited Financial 2020">[https://www.nbccindia.com/pdfData/UFR/NBCC_FR_Mar_20.pdf "Balance Sheet 31.03.2020"].</ref>
	\| operating_income = {{decrease}}{{INRConvert\|247.94\|c}} (2020)<ref name="NBCC (India) Limited Financial 2020"/>		\| operating_income = {{decrease}}{{INRConvert\|247.94\|c}} (2020)<ref name="NBCC (India) Limited Financial 2020"/>
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	\| equity = {{decrease}}{{INRConvert\|1523.60\|c}} (2020)<ref name="NBCC (India) Limited Financial 2020"/>		\| equity = {{decrease}}{{INRConvert\|1523.60\|c}} (2020)<ref name="NBCC (India) Limited Financial 2020"/>
	\| owner = [[Government of India]] (61.75%) <ref>{{Cite web\|title=Latest Shareholding Pattern - NBCC (India) Ltd.\|url=https://trendlyne.com/equity/share-holding/916/NBCC/latest/nbcc-india-ltd/\|access-date=2020-08-07\|website=trendlyne.com}}</ref>		\| owner = [[Government of India]] (61.75%) <ref>{{Cite web\|title=Latest Shareholding Pattern - NBCC (India) Ltd.\|url=https://trendlyne.com/equity/share-holding/916/NBCC/latest/nbcc-india-ltd/\|access-date=2020-08-07\|website=trendlyne.com}}</ref>
	\| num_employees = 1,~~847~~ (March ~~2019~~) <ref>https://www.nbccindia.com/pdfdata/finance/AnnualReports/~~2018~~-~~2019~~/~~NBCC%20Annual%20Report%202018-19~~.pdf</ref>		\| num_employees = 1,496 (March 2021) <ref>https://www.nbccindia.com/pdfdata/finance/AnnualReports/2020-2021/NBCC_Annual_Report_Final_2020_21.pdf {{Bare URL PDF\|date=March 2022}}</ref>
	\| parent = [[Ministry of Housing and Urban Affairs]] , [[Government of India]]		\| parent = [[Ministry of Housing and Urban Affairs]] , [[Government of India]]
	\| subsid = ~~[[HSCC\|~~Hospital Services Consultancy Corporation India Limited~~]]<br /> [[~~Hindustan Steelworks Construction Limited~~]](HSCL)<br />~~		\| subsid = Hospital Services Consultancy Corporation India Limited & Hindustan Steelworks Construction Limited
	\| homepage = [http://www.nbccindia.~~com~~ www.nbccindia.~~com~~]		\| homepage = [http://www.nbccindia.in www.nbccindia.in]
	}}		}}

	~~'''NBCC (India) Limited''' (formerly~~ '''National Buildings Construction Corporation''' ~~Limited)~~ is a ~~blue-chip Indian~~ [[~~Government of India~~\|~~government~~ corporation]]~~. It is~~ under the [[ownership]] of [[Ministry of Housing and Urban Affairs]] , [[Government of India]].<ref>{{cite web\|title=Maharatna, Navratna and Miniratna CPSEs\|url=https://dpe.gov.in/about-us/management-division/maharatna-navratna-miniratna-cpse \|publisher=Government of India }}</ref> 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\|Real Estate]] Development.		'''National Buildings Construction Corporation (NBCC)''' is a [[Statute\|statutory corporation]] under the [[ownership]] of [[Ministry of Housing and Urban Affairs]], [[Government of India]].<ref>{{cite web\|title=Maharatna, Navratna and Miniratna CPSEs\|url=https://dpe.gov.in/about-us/management-division/maharatna-navratna-miniratna-cpse \|publisher=Government of India }}</ref>

	~~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 6 November 2018~~.~~<ref>{{Cite news\|url=https://economictimes~~.indiatimes.com/industry/services/property-/-cstruction/nbcc-to-buy-hscc-for-rs-285-crore/articleshow/65800807.cms\|title=NBCC to buy HSCC for Rs 285 crore\|date=13 September 2018\|work=The Economic Times\|access-date=8 October 2018}}</ref><ref>{{Citation\|title=NBCC emerges as highest bidder for HSCC and EPI\|publisher=The Economic Times\|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/nbcc-emerges-as-highest-bidder-for-hscc-and-epi/videoshow/65226087.cms\|access-date=8 October 2018}}</ref> The organization acquired over 51% stake in Hindustan Steelworks Construction Limited (~~HSCL~~)~~, a PSU under the Steel Ministry in 2017~~.		The [[Government of India\|government corporation']]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\|Real Estate]] Development.

	NBCC is headquartered in [[New Delhi]] and it has 31 regional offices across [[India]]. The projects undertaken by the company are located across [[India]] and in countries such as [[Iraq]], [[Libya]], [[Nepal]], [[Mauritius]], [[Turkey]], [[Botswana]], [[Maldives]], [[Yemen]], [[Oman]], [[United Arab Emirates\|UAE]],<ref>{{Cite web\|url=https://www.financialexpress.com/industry/nbcc-likely-to-set-up-overseas-subsidiary/591031/\|title=NBCC likely to set up overseas subsidiary\|date=2017-03-17\|website=The Financial Express\|access-date=2019-05-26}}</ref> [[Dubai]] and [[Africa]]. The organization has executed several landmark projects that include re-development of government properties, construction of Roads, Railway Stations, Hospitals & Medical Colleges, Institutions, Offices, Bridges, and Industrial & Environmental Structures.		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 6 November 2018.<ref>{{Cite news\|url=https://economictimes.indiatimes.com/industry/services/property-/-cstruction/nbcc-to-buy-hscc-for-rs-285-crore/articleshow/65800807.cms\|title=NBCC to buy HSCC for Rs 285 crore\|date=13 September 2018\|work=The Economic Times\|access-date=8 October 2018}}</ref><ref>{{Citation\|title=NBCC emerges as highest bidder for HSCC and EPI\|publisher=The Economic Times\|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/nbcc-emerges-as-highest-bidder-for-hscc-and-epi/videoshow/65226087.cms\|access-date=8 October 2018}}</ref> The organization acquired over 51% stake in Hindustan Steelworks Construction Limited (HSCL), a PSU under the Steel Ministry in 2017.

			NBCC is headquartered in the city of [[New Delhi]], India and it has 31 regional offices across [[India]]. The projects undertaken by the company are located across [[India]] and in countries such as [[Iraq]], [[Libya]], [[Nepal]], [[Mauritius]], [[Turkey]], [[Botswana]], [[Maldives]], [[Yemen]], [[Oman]], [[United Arab Emirates\|UAE]],<ref>{{Cite web\|url=https://www.financialexpress.com/industry/nbcc-likely-to-set-up-overseas-subsidiary/591031/\|title=NBCC likely to set up overseas subsidiary\|date=2017-03-17\|website=The Financial Express\|access-date=2019-05-26}}</ref> [[Dubai]] and [[Africa]]. The organization has executed several landmark projects that include 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 Yojana\|Pradhan Mantri Gram Sadak Yojna]] (PMGSY), [[Solid waste management\|Solid Waste Management]] (SWM) and developmental work in [[Northeast India\|North Eastern Region]].<ref>{{cite web\|title=NBCC to build 225 road projects in Maoist-hit Koraput dist\|url=https://www.devdiscourse.com/Article/other/266158-nbcc-to-build-225-road-projects-in-maoist-hit-koraput-dist \|publisher=Development Discourse \|access-date=25 November 2018}}</ref>		NBCC is designated as the implementing agency for executing projects under the [[Atal Mission for Rejuvenation and Urban Transformation]] (AMRUT), [[Pradhan Mantri Gram Sadak Yojana\|Pradhan Mantri Gram Sadak Yojna]] (PMGSY), [[Solid waste management\|Solid Waste Management]] (SWM) and developmental work in [[Northeast India\|North Eastern Region]].<ref>{{cite web\|title=NBCC to build 225 road projects in Maoist-hit Koraput dist\|url=https://www.devdiscourse.com/Article/other/266158-nbcc-to-build-225-road-projects-in-maoist-hit-koraput-dist \|publisher=Development Discourse \|access-date=25 November 2018}}</ref>
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	The Government of India granted the status of a '[[Public sector undertakings in India\|Navratna Company]]' to NBCC with effect from 23 June 2014.<ref>{{cite web\|title=Union Government granted Navratna Status to EIL and NBCC \|url=https://www.jagranjosh.com/current-affairs/union-government-granted-navratna-status-to-eil-and-nbcc-1403787848-1 \|publisher=Jagran Josh \|access-date=26 June 2014 }}</ref><ref>{{cite news\|title=Govt grants Navratna status to NBCC; stock hits record high \|url=https://www.business-standard.com/article/markets/govt-grants-navratna-status-to-nbcc-stock-hits-record-high-114062400443_1.html \|newspaper=Business Standard\|date=24 June 2014\|access-date=4 September 2019}}</ref> The status of a 'Navratna PSE' made NBCC eligible to invest up to Rs 1,000 crore without the requirement of explicit government approval.		The Government of India granted the status of a '[[Public sector undertakings in India\|Navratna Company]]' to NBCC with effect from 23 June 2014.<ref>{{cite web\|title=Union Government granted Navratna Status to EIL and NBCC \|url=https://www.jagranjosh.com/current-affairs/union-government-granted-navratna-status-to-eil-and-nbcc-1403787848-1 \|publisher=Jagran Josh \|access-date=26 June 2014 }}</ref><ref>{{cite news\|title=Govt grants Navratna status to NBCC; stock hits record high \|url=https://www.business-standard.com/article/markets/govt-grants-navratna-status-to-nbcc-stock-hits-record-high-114062400443_1.html \|newspaper=Business Standard\|date=24 June 2014\|access-date=4 September 2019}}</ref> 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).<ref name=":0" /> In ~~2018~~, NBCC’s [[order book]] had projects worth Rs.~~800 Billion~~.<ref name=":2" />		In October 2014, NBCC set up its wholly owned subsidiary NBCC Services Limited (NSL).<ref name=":0" /> In 2021, NBCC’s [[order book]] had projects worth Rs.60,000 Crore.<ref name=":2" />

	==Business segments==		==Business segments==
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	* Project Management Consultancy for 3600 housing units at Meer Project in [[Turkey]]		* Project Management Consultancy for 3600 housing units at Meer Project in [[Turkey]]
	* Hotel Ninevah Oberoi at [[Mosul\|Mousul]], [[Baghdad]]		* Hotel Ninevah Oberoi at [[Mosul\|Mousul]], [[Baghdad]]
			* New Supreme Court, (Mauritius)
			*Construction of 2000 social housing units at Hulhumale,Maldives

	==Sustainable construction==		==Sustainable construction==
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	* NBCC's total income stood at INR 10151.37 Cr in 2018-19.		* 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		* In the same period (2018–19) profit after tax stands at INR 391.64 Cr
	* Order pipeline of INR 75,000cr approx.<ref name=":2">{{cite web\|title=Order Book - NBCC (India) Limited ~~\|publisher=NBCC (India) Official Website~~\| url= ~~http~~://nbccindia.com/webEnglish/orderBook}}</ref>		* Order pipeline of INR 75,000cr approx.<ref name=":2">{{cite web\|title=Order Book - NBCC (India) Limited\|url=https://www.nbccindia.com/webEnglish/orderBook\|url-status=live\|publisher=NBCC (India) Official Website}}</ref>
	* Net Worth: INR 1508.41 Cr.		* Net Worth: INR 1508.41 Cr.

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{{short description|Indian conglomerate}}
{{Use Indian English|date=December 2015}}
{{Use dmy dates|date=May 2019}}
{{Infobox company
| name = NBCC (India) Limited
| logo = NBCC ANNUAL REPORT 2014 15.svg
| logo_size =
| type = [[Government of India|Government Corporation]]
| traded_as = {{BSE|534309}}<br />{{NSE|NBCC}}
| foundation = 1960 (Delhi, India)
| location = [[Delhi, India]]
| key_people = P K Gupta , [[Indian Administrative Service|IAS]]<br>{{small|([[Chairman]] & [[Managing Director|MD]])}}
| revenue = {{decrease}}{{INRConvert|5210.34|c}} (2020) <ref name="NBCC (India) Limited Financial 2020">[https://www.nbccindia.com/pdfData/UFR/NBCC_FR_Mar_20.pdf "Balance Sheet 31.03.2020"].</ref>
| operating_income = {{decrease}}{{INRConvert|247.94|c}} (2020)<ref name="NBCC (India) Limited Financial 2020"/>
| profit = {{decrease}}{{INRConvert|79.87|c}} (2020)<ref name="NBCC (India) Limited Financial 2020"/>
| assets = {{decrease}}{{INRConvert|7765.38|c}} (2020)<ref name="NBCC (India) Limited Financial 2020"/>
| equity = {{decrease}}{{INRConvert|1523.60|c}} (2020)<ref name="NBCC (India) Limited Financial 2020"/>
| owner = [[Government of India]] (61.75%) <ref>{{Cite web|title=Latest Shareholding Pattern - NBCC (India) Ltd.|url=https://trendlyne.com/equity/share-holding/916/NBCC/latest/nbcc-india-ltd/|access-date=2020-08-07|website=trendlyne.com}}</ref>
| num_employees = 1,847 (March 2019) <ref>https://www.nbccindia.com/pdfdata/finance/AnnualReports/2018-2019/NBCC%20Annual%20Report%202018-19.pdf</ref>
| parent = [[Ministry of Housing and Urban Affairs]] , [[Government of India]]
| subsid = [[HSCC|Hospital Services Consultancy Corporation India Limited]]<br /> [[Hindustan Steelworks Construction Limited]](HSCL)<br />
| homepage = [http://www.nbccindia.com www.nbccindia.com]
}}

'''NBCC (India) Limited''' (formerly '''National Buildings Construction Corporation''' Limited) is a blue-chip Indian [[Government of India|government corporation]]. It is under the [[ownership]] of [[Ministry of Housing and Urban Affairs]] , [[Government of India]].<ref>{{cite web|title=Maharatna, Navratna and Miniratna CPSEs|url=https://dpe.gov.in/about-us/management-division/maharatna-navratna-miniratna-cpse |publisher=Government of India }}</ref> 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|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 6 November 2018.<ref>{{Cite news|url=https://economictimes.indiatimes.com/industry/services/property-/-cstruction/nbcc-to-buy-hscc-for-rs-285-crore/articleshow/65800807.cms|title=NBCC to buy HSCC for Rs 285 crore|date=13 September 2018|work=The Economic Times|access-date=8 October 2018}}</ref><ref>{{Citation|title=NBCC emerges as highest bidder for HSCC and EPI|publisher=The Economic Times|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/nbcc-emerges-as-highest-bidder-for-hscc-and-epi/videoshow/65226087.cms|access-date=8 October 2018}}</ref> 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 located across [[India]] and in countries such as [[Iraq]], [[Libya]], [[Nepal]], [[Mauritius]], [[Turkey]], [[Botswana]], [[Maldives]], [[Yemen]], [[Oman]], [[United Arab Emirates|UAE]],<ref>{{Cite web|url=https://www.financialexpress.com/industry/nbcc-likely-to-set-up-overseas-subsidiary/591031/|title=NBCC likely to set up overseas subsidiary|date=2017-03-17|website=The Financial Express|access-date=2019-05-26}}</ref> [[Dubai]] and [[Africa]]. The organization has executed several landmark projects that include 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 Yojana|Pradhan Mantri Gram Sadak Yojna]] (PMGSY), [[Solid waste management|Solid Waste Management]] (SWM) and developmental work in [[Northeast India|North Eastern Region]].<ref>{{cite web|title=NBCC to build 225 road projects in Maoist-hit Koraput dist|url=https://www.devdiscourse.com/Article/other/266158-nbcc-to-build-225-road-projects-in-maoist-hit-koraput-dist |publisher=Development Discourse |access-date=25 November 2018}}</ref>

NBCC is also working as Project Management Consultant (PMC) for the redevelopment of [[Pragati Maidan]] project of [[India Trade Promotion Organisation]].<ref>{{cite web |title=NBCC, ITPO Hold Joint Press Conference To Kick-start Pragati Maidan Redevelopment Program |url=http://businessworld.in/article/NBCC-ITPO-Hold-Joint-Press-Conference-To-kick-start-Pragati-Maidan-Redevelopment-Program/17-05-2017-118332/ |website=businessworld.in |publisher=businessworld.in |access-date=2 July 2018}}</ref> A number of Central Government ministries and various State Governments have been utilizing the services of NBCC as their extended engineering arm.

== Functional setup ==
NBCC has its Corporate Office at New Delhi which works as a policy maker, planner and overall controller. Corporate functions are managed through various organizational divisions viz. Project Management Group, Business Development, Real Estate, Vigilance, Contract Engineering, Law, Centralized Procurement Group (CPG), Finance, Corporate communication, Personnel & Administration.

The work of the corporation is further decentralized into various Regional Business Groups (RBGs), Strategic Business Groups (SBGs), Zones, Units and Sites. RBG/SBG/Zones are controlled by executives of the rank of ED/CGM/GM respectively who directly reports to the Director(s) sitting in HO.

Regional Business Groups and Strategic Business Group headquarters are located at Delhi as well as at other places in all the states depending upon the quantum and the nature of the projects. RBGs are headed by Executive Director; SBGs by CGM & Zones are headed by GM/AGM and are assisted in their work by Technical, Finance & P&A Staff of appropriate level. RBGs/SBGs/Zones control and look after several projects which are headed by Unit-in-Charges.

Each project is a profit centre and is expected to operate efficiently to achieve turnover targets and profitability as per MoU signed between the corporate office and the RBG/SBG/Zonal Heads. The units are headed by an officer of the rank of AGM/DGM/PM/DPM/SPE. The Unit In-charge is responsible for efficient execution of a project and within approved cost who is assisted by other Technical staff depending upon the nature and value of project. The unit In-charge, from time to time, appraises the Zonal In-charge about providing the requisite inputs / resources required for the execution of the work.

Project site is controlled by a Site In-charge. The project is provided with the required number of technical staff. The site in-charge is responsible for efficient execution of the project ensuring its timely completion.

The Job Description and Duties & Responsibilities of various Heads are given below:

* (A) RBG/SBG/Zonal Heads
* 1. Achieve turnover target within the specified cost/time for delivery of determined profit.
* 2. Function strictly as per the delegation of powers/financial rules in the matter of award of work and purchase of articles/goods, machines/equipments relating to works and establishment.
* 3. Maintain discipline and administrative efficiency in all the offices within the jurisdiction.
* 4. Motivate and develop the subordinates at all levels of hierarchy. To procure works in the Zone.
* 5. To conduct technical inspection of the work of the units.
* 6. Liaisoning with client/State Govt. & other bodies at appropriate levels.
* (B) RBG/SBG/Zonal Finance Incharges
* 1. Overall Incharge of Finance Section of the Zone. All financial matter/decisions are required to be taken with the concurrence of Zonal Finance Incharge.
* 2. Compliance of statutory provision in the area of tax/levy/cess and industrial law.
* 3. Compliance of contractual terms and conditions with the contractors, consultants and other vendors and apprising/advising RBG/SBG/Zonal Heads/HO on these issues.
* 4. Maintaining all financial records/data, Books of accounts, returns and reports, approvals, Bills of vendors etc. in respect of all the projects under the RBG/SBG/Zone
* 5. To observe functioning in RBG/SBG/Zones as per Delegation of Powers issued by the Corporate Office.
* (C) Unit Incharges
* 1. Responsible for efficient management of the unit.
* 2. To organise site work efficiently and ensure timely completion of the work. Responsible for overall performance of the unit which includes execution of the work in accordance with the acceptable standards.
* 3. Responsible for 100% test check of each RA bill.
* 4. Maintaining all records of the work done, mandatory site registers, quality reports, approvals and bills of vendors etc. in respect of the project.
* 5. To ensure working in units as per Delegation of Powers issued by the Corporate Office.

==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.<ref name=":1" />

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" [[Public sector undertakings in India|PSU]] status.

NBCC launched an IPO in April 2012 and was listed in [[Bombay Stock Exchange|BSE]] and [[National Stock Exchange of India|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 '[[Public sector undertakings in India|Navratna Company]]' to NBCC with effect from 23 June 2014.<ref>{{cite web|title=Union Government granted Navratna Status to EIL and NBCC |url=https://www.jagranjosh.com/current-affairs/union-government-granted-navratna-status-to-eil-and-nbcc-1403787848-1 |publisher=Jagran Josh |access-date=26 June 2014 }}</ref><ref>{{cite news|title=Govt grants Navratna status to NBCC; stock hits record high |url=https://www.business-standard.com/article/markets/govt-grants-navratna-status-to-nbcc-stock-hits-record-high-114062400443_1.html |newspaper=Business Standard|date=24 June 2014|access-date=4 September 2019}}</ref> 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).<ref name=":0" /> In 2018, NBCC’s [[order book]] had projects worth Rs.800 Billion.<ref name=":2" />

==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<ref>{{Cite web|url=http://www.nbccindia.com/webEnglish/overview|title=NBCC India Overview|website=NBCC India}}</ref> through consultation fees paid by the government body responsible for the project.<ref>{{cite news|url=https://economictimes.indiatimes.com/markets/stocks/earnings/nbcc-q3-profit-rises-26-to-rs-78-crore/articleshow/67996937.cms|title=NBCC Q3 profit rises 26% to Rs 78 crore|date=14 February 2019|work=The Economic Times|access-date=20 April 2019}}</ref>
*'''Engineering Procurement and Construction (EPC):''' NBCC constructs [[cooling tower]]s, 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.<ref>{{Cite web|url=http://www.nbccindia.com/webEnglish/epc.aspx|title=Engineering Procurement and Construction|website=NBCC India|access-date=21 April 2019}}</ref> EPC revenues are a minuscule percentage of company's trade.<ref>{{Cite web|url=https://www.zeebiz.com/companies/news-i-stand-by-the-30-35-growth-guidelines-for-fy19-anoop-kumar-mittal-nbcc-72568|title=I stand by the 30-35% growth guidelines for FY19: Anoop Kumar Mittal, NBCC|date=22 November 2018|website=Zee Business|access-date=21 April 2019}}</ref>
*'''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.<ref>{{Cite web|url=https://realty.economictimes.indiatimes.com/news/industry/nbcc-to-get-two-sick-psus-land-parcels-for-housing-projects-by-march/64603403|title=NBCC to get two sick PSU’s land parcels for housing projects by March|website=ETRealty.com|access-date=27 April 2019}}</ref>

'''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 [[Train station|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.<ref>{{Cite news|url=https://www.fortuneindia.com/ideas/building-blocks-of-a-monopoly/100205|title=Building blocks of a monopoly|date=23 May 2017|work=Fortune India}}</ref><ref>{{Cite news|url=http://www.uniindia.com/news/india/redevelopment-of-7-colonies-will-give-green-facelift-to-delhi-nbcc/1270758.html|title=Redevelopment of 7 colonies will give green facelift to Delhi NBCC|work=UNI INdia|access-date=27 April 2019}}</ref>

==Overseas Operations ==
In 1977, NBCC started working on international construction & infrastructure projects in the [[Middle East]] and African countries.<ref name=":1">{{Cite news|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/national-buildings-construction-corporation-plans-to-enter-into-kazakhstan-kyrgyzstan/articleshow/52386192.cms|title=National Buildings Construction Corporation plans to enter into Kazakhstan, Kyrgyzstan|date=22 May 2016|work=The Economic Times|access-date=14 April 2019}}</ref> The company has been engaged in the construction of National Prison Academy in [[Maldives]], Supreme Court building and Social Housing project in [[Mauritius]],<ref>{{Cite news|url=https://www.moneycontrol.com/news/business/real-estate/govt-construction-arm-nbcc-aiming-for-rs-10000-crore-overseas-order-book-in-5-yrs-2393587.html|title=Govt construction arm NBCC aiming for Rs 10,000 crore overseas order book in 5 yrs|date=21 September 2017|work=Moneycontrol}}</ref> Mahatma Gandhi International Convention Centres in 9 African countries<ref>{{Cite news|url=https://www.financialexpress.com/industry/nbcc-inks-pact-with-govt-for-niger-project-to-work-as-pmc/1351677/|title=NBCC inks pact with govt for Niger project, to work as PMC|date=17 October 2018|work=Financial Express}}</ref> and the India Pavilion at the [[Expo 2020]]<ref>{{Cite news|url=https://www.thehindubusinessline.com/companies/nbcc-bags-400-crore-project-to-build-india-pavilion-at-dubai-world-expo-2020/article24583810.ece|title=NBCC bags ₹400-crore project to build India Pavilion at Dubai World Expo 2020|date=2 August 2018|work=The Hindu Business Line}}</ref>

==Subsidiaries and Joint Ventures==
NBCC has formed subsidiaries and [[Joint venture|Joint Ventures]] for construction and & infrastructure projects in India and abroad.<ref>{{Cite web|url=http://www.nbccindia.com/webEnglish/subsidiaries.aspx|title=NBCC (India) Limited|website=www.nbccindia.com|access-date=14 April 2019}}</ref>

* NBCC Services Limited<ref name=":0">{{Cite web|url=http://www.nbccindia.com/webEnglish/subsidiaries|title=NBCC Subsidiaries & Joint Ventures|website=NBCC India}}</ref>
* NBCC Gulf LLC<ref name=":0" />
* NBCC Engineering & Consultancy Ltd.<ref name=":0" />
* Hindustan Steel Works Construction Ltd<ref name=":0" />
* Real Estate Development & Construction Corporation of Rajasthan Ltd.<ref name=":0" />
*NBCC Environment Engineering Limited<ref name=":0" />
*NBCC International Limited<ref name=":0" />
*Hospital Services Consultancy Corporation Limited (HSCC)<ref name=":0" />

== Projects ==

=== National ===

* Indo – Bangladesh/Indo-Pak border fencing works<ref>{{Cite news|url=https://www.thehindubusinessline.com/markets/stock-markets/nbcc-india/article23436637.ece|title=NBCC to construct bunkers along border for Rs 415 cr|date=4 April 2018|work=The Hindu Business Line}}</ref>
* 1200 bedded hospital and medical college at [[Guwahati]], [[Assam]]<ref>{{Cite web|url=http://nbccindia.com/webEnglish/overview|title=Overview - NBCC India|website=NBCC India Limited}}</ref>
* Twin Tower World Trade Centre at [[Guwahati]], [[Assam]]<ref>{{Cite news|url=https://realty.economictimes.indiatimes.com/news/industry/nbcc-to-develop-twin-tower-trade-centre-in-guwahati/62764253|title=NBCC to develop Twin Tower trade centre in Guwahati|date=3 February 2018|work=ET Realty}}</ref>
* Hospitals for [[Employees' State Insurance|ESIC]] all across the country
* Solid Waste Management projects in 8 Airfield towns in India
*[[Bhubaneswar|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 (Delhi)|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, WHO in Delhi <ref>{{Cite web|url=https://timesofindia.indiatimes.com/business/india-business/nbcc-bags-rs-228-cr-order-to-redevelop-who-searo-building-in-delhi/articleshow/67693696.cms|title=NBCC bags Rs 228-cr order to redevelop WHO-SEARO building in Delhi|website=The Times of India|access-date=21 April 2019}}</ref>
* Redevelopment of 10 railway stations <ref>{{Cite web|url=http://pib.nic.in/newsite/PrintRelease.aspx?relid=167036|title=10 Railway stations identified for smart redevelopment based on feasibility assessment|date=30 June 2017|website=Press Information Bureau|access-date=21 April 2019}}</ref>
* Construction of [[Indian Institutes of Technology|IITs]],<ref>{{Cite news|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/nbcc-ltd-secures-rs-100-crore-order-from-iit-mandi/articleshow/66621814.cms|title=NBCC Ltd secures Rs 100 Crore order from IIT Mandi|date=14 November 2018|work=The Economic Times}}</ref> [[All India Institutes of Medical Sciences|AIIMS]]<ref>{{Cite news|url=https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/nbcc-bags-rs-5828-crore-project-from-aiims/articleshow/49907782.cms|title=NBCC bags Rs 5,828 crore project from AIIMS|date=24 November 2015|work=The Economic Times}}</ref> and [[Indian Institutes of Management|IIMs]]<ref>{{Cite news|url=https://www.thehindubusinessline.com/news/education/nbcc-to-build-iim-vizag-campus/article26666115.ece|title=NBCC to build IIM-Vizag campus|date=28 March 2019|work=The Hindi Business Line}}</ref><ref>{{Cite web|url=https://www.dailypioneer.com/2018/business/nbcc-gets-rs-400-cr-contract-to-develop-iim-ranchi-campus.html|title=NBCC gets Rs 400-cr contract to develop IIM Ranchi campus|website=The Pioneer|access-date=21 April 2019}}</ref>
*[[Farakka Super Thermal Power Station|Farakka Super Thermal Power]] Project chimney for [[NTPC Limited|NTPC]] in [[West Bengal]]
*Constructions of two chimneys for [[NTPC Limited|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 [[Malé|Male]], [[Maldives]]
* 48 km Kohalpur Mahakali Highway Project, Nepal
*[[University of Baghdad|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 Aness District|Dawran]], [[Dhamar, Yemen]]
* Project Management Consultancy for 3600 housing units at Meer Project in [[Turkey]]
* Hotel Ninevah Oberoi at [[Mosul|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.<ref name=":37">{{cite web|title=Sustainability - NBCC (India) Limited |publisher=NBCC (India) Official Website| url= http://nbccindia.com/webEnglish/sustainability}}</ref> The projects undertaken by the company conform to Green Building norms. The company makes use of environment friendly techniques <ref name=":39">{{cite web|title=NBCC signs deal with Bolix to import energy-efficient building solution |publisher=Business Today| url= https://www.businesstoday.in/sectors/infra/nbcc-signs-deal-with-bolix-to-import-energy-efficient-building-solution/story/250170.html}}</ref> 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.
<ref name=":38">{{cite web|title=NBCC stops open transport of building material |publisher=The Economic Times| url= https://economictimes.indiatimes.com/industry/services/property-/-cstruction/nbcc-stops-open-transport-of-building-material/articleshow/66467210.cms}}</ref>

==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.<ref name=":2">{{cite web|title=Order Book - NBCC (India) Limited |publisher=NBCC (India) Official Website| url= http://nbccindia.com/webEnglish/orderBook}}</ref>
* Net Worth: INR 1508.41 Cr.

==References==
{{reflist}}

==External links==
* [https://www.livemint.com/Politics/B2Zeo4pq5E3XANlJJHskiK/NBCC-expects-5000-crore-revenue-from-redevelopment-of-rai.html News Coverage] at [[Mint (newspaper)]]
* [https://www.livemint.com/Companies/fQZiQ0JwdaWQJkx3TjrQdP/MANAGEMENT-CASELET-Project-NavratnaNBCCS-transition.html Informational Coverage] at [[Mint (newspaper)]]
* [https://www.business-standard.com/topic/nbcc Collective News and Coverage] at [[Business Standard]]
* [https://web.archive.org/web/20181201180758/https://in.reuters.com/finance/stocks/overview/NBCC.BO Profile and Stock Overview] at [[Reuters]]
* [https://www.financialexpress.com/market/stock-market/nbcc-india-ltd-stock-price/share-holdings/ Profile and Stock Overview] at [[The Financial Express (India)|The Financial Express]]
* [https://economictimes.indiatimes.com/nbcc-india-ltd/stocksupdate/companyid-4531.cms Collective News and Coverage] at [[The Economic Times]]
* [https://www.bseindia.com/stock-share-price/national-buildings-construction-corporation-ltd/nbcc/534309/ Bombay Stock Exchange index] at [[Bombay Stock Exchange]]
* [https://timesofindia.indiatimes.com/city/delhi/nbcc-readying-rs-15000cr-plan-to-finish-amrapali-jaypee-flats/articleshow/65235627.cms News Coverage] at [[The Times of India]]
* [https://www.projectstoday.com/News/NBCC-India-bags-contract-as-PMC-consultant Project News and PMC coverage] at Projects Today

{{Public Sector Undertakings in India}}

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[[Category:Indian companies established in 1960]]
[[Category:Construction and civil engineering companies of India]]
[[Category:Ministry of Urban Development]]
[[Category:Construction and civil engineering companies established in 1960]]
[[Category:1960 establishments in Delhi]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]