NBCC Sets FY29 revenue and EBITDA margin targets and plans REIT SPV
NBCC set targets for the next three fiscal years, using its ₹1.2 lakh crore order book to drive up to a 7% EBITDA margin and revenue above ₹24,000 crore by FY29, with PAT rising to ₹2,000 crore. Q1 FY27 consolidated EBITDA margins grew to 6.86% and net profit rose 17.2%, alongside an interim dividend of ₹0.15. The company plans a REIT SPV for an asset-light model, but flags clearance delays and HSCC integration execution friction.