National Buildings Construction Corp

CMP: 96


National Buildings Construction Corporation Ltd. operates as a construction company. The Company offers project management, consultancy services, civil construction projects, civil infrastructure, and real estate development.

NBCC is a decent mid-cap bet, which only recently listed in secondary market. Its trading at a P/E of around 6. It runs at Zero debt making it a safe bet. Revenues have risen from 1970 Crores to 3448 Crores in the last 5 years. Profits have dipped from 278 Crores to 190 Crores over the last 5 years on falling margins. NPM has dipped from 14% to less than 6% over the last 5 years. Its not a great growth story, but a decent buy. Try to buy on huge dips and book profits on spikes.