NBNBCC (India)534309Dividend news update

Board declares 2nd interim dividend of Rs. 0.25 per share; approves Q2 and H1 FY27 results

The board on November 5, 2026 declared a 2nd interim dividend for FY 2026-27 of Rs. 0.25 per equity share (25%) on a face value of Rs. 1 each.

By ScoutQuest · Thu 5 Nov 2026, 3:34 PM IST · 4 min read

2nd Interim Dividend FY27

Rs. 0.25 per equity share (25%) on face value of Rs. 1 each

Record Date

November 11, 2026

Q2 Standalone Net Profit

Rs. 22,523.85 lakh (Q2 last year: Rs. 17,254.98 lakh)

What the board approved

• The board met on November 5, 2026 (12:00 noon to 2:35 p.m.) and approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
• It declared a 2nd interim dividend for FY 2026-27 of Rs. 0.25 per paid-up equity share, which is 25% of the face value of Rs. 1 each.
• The record date to decide who is eligible for the dividend is November 11, 2026.

Dividend so far this year (from the notes to the results)

• 1st interim dividend: Rs. 0.15 per share (15%), declared August 11, 2026, paid September 08, 2026.
• 2nd interim dividend: Rs. 0.25 per share (25%), declared November 05, 2026.
• Final dividend for FY 2025-26: Rs. 0.45 per share, approved at the AGM on September 11, 2026 and paid October 07, 2026.

Results snapshot: standalone, Rs. in lakh

• Revenue from operations, Q2: 2,88,962.39 (Q2 last year: 2,09,725.25)
• Net profit, Q2: 22,523.85 (Q2 last year: 17,254.98)
• Revenue from operations, half year: 4,71,265.97 (half year last year: 3,75,402.10)
• Net profit, half year: 37,588.86 (half year last year: 28,662.76)
• Basic and diluted EPS, Q2: 0.83 (0.64); half year: 1.39 (1.06)
• Paid-up equity share capital: 27,000.00, unchanged.

Where the business came from (Q2, Rs. in lakh)

• Project Management Consultancy (PMC) revenue: 2,85,190.19; segment profit before tax and interest: 25,283.32
• Real Estate revenue: 2,178.47; segment profit before tax and interest: 1,671.98
• Engineering, Procurement & Construction (EPC) revenue: 748.56; segment profit before tax and interest: 176.39
• Total segment assets: 11,25,123.68; total segment liabilities: 8,19,430.77

Points the auditor has drawn attention to

• Note 6: a group housing plot at Naya Raipur held on lease, carrying value Rs. 2,099.37 lakh as on September 30, 2026; the lease deed/conveyance deed is yet to be executed with NRDA and construction has not started.
• Note 7: land at Faridabad (Haryana) with a carrying value of Rs. 13,230.54 lakh, where the conveyance deed in favour of the company is pending and an NOC from the Forest Department was not received; a provision of Rs. 1,073.66 lakh has been created.
• Note 8: at the "NBCC Plaza" project, a demand of Rs. 3,224.45 lakh raised by Municipal Corporation of Delhi for additional ground coverage in 2015, and construction cost of Rs. 3,021.78 lakh paid as additional premium; a provision of Rs. 954.43 lakh has been created.
• Note 9 and 12: the Kochi (Kerala) group housing project, with inventory of Rs. 8,700.91 lakh as on September 30, 2026; a write-down of Rs. 8,015.53 lakh made earlier was reversed in the year ended March 31, 2026 following the Supreme Court's order recalling its earlier judgment.
• Note 13: a DVAT demand of Rs. 40,480.01 lakh (tax, interest and penalty) was set aside by the Appellate Tribunal and remanded back for recalculation; the contingent liability is not ascertainable as at September 30, 2026.
• The auditor's conclusion on the statement is not modified by these matters.

Other notes in the update

• Merger of wholly-owned subsidiary HSCC (India) Limited into the company under Sections 230 to 232 of the Companies Act, 2013: the board approved the Scheme of Merger on July 14, 2026 and a joint first motion application was shared on July 17, 2026; the First Motion Order was issued by the Ministry of Corporate Affairs on October 09, 2026 and notices have been issued to concerned parties. The scheme remains subject to approvals and sanctions.
• The company incorporated a branch in Australia on September 11, 2026 to take up identified potential projects there.
• The auditor notes that six foreign branches (Mauritius, Maldives, Seychelles, Jeddah, Dubai and Australia) were not reviewed by it, and that the board did not comprise the requisite number of independent directors, including an independent woman director, during the quarter and half year; the audit committee and nomination and remuneration committee composition were accordingly not in compliance.

How to read this

• A declared dividend with a fixed record date and a profit figure higher than the same quarter a year earlier are the two immediately checkable data points here.
• The auditor's Emphasis of Matters paragraphs relate to land titles, clearances and a tax demand that are several years old; the review conclusion itself is unmodified.
• The governance observations on board composition and the pending HSCC merger are matters that run alongside the results.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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