News · NBCC · 11 Jul 2026 · Amit Lamba

NBCC Subsidiary HSCL Secures Rs 158.95 Crore in New Work Orders

NBCC's subsidiary, Hindustan Steelworks Construction Limited (HSCL), has been awarded work orders totaling approximately Rs 158.95 crore for educational infrastructure projects in Odisha.

Lead

Hindustan Steelworks Construction Limited (HSCL), a subsidiary of NBCC (India) Limited, has secured new work orders amounting to approximately Rs 158.95 crore. These domestic orders, awarded by various government entities, are for the construction of educational complexes and school campuses in Odisha. The development reflects a continued focus on infrastructure projects within the education sector and contributes to the NBCC group's overall order book.

Key highlights

  • HSCL was awarded work orders totaling approximately Rs 158.95 crore, excluding GST.
  • The new orders comprise four distinct projects, all located in Odisha.
  • Two projects, valued at Rs 70.59 crore and Rs 17.24 crore respectively, involve the construction of Mega Education Complexes in Keonjhar District, awarded by the District Mineral Foundation, Keonjhar.
  • The remaining two projects, each valued at Rs 35.56 crore, are for the construction of new Kendriya Vidyalaya campuses in Angul and Sambalpur Districts, awarded by the Kendriya Vidyalaya Sangathan.
  • The work orders are considered to be in the ordinary course of business for HSCL. (Source: Exchange filing)

What drove it

The exchange filing stated that these work orders were received in the ordinary course of business by HSCL. It did not elaborate on specific strategic drivers or competitive advantages that led to securing these particular contracts.

Context

This announcement builds on a series of recent work order inflows for the NBCC group. Earlier in July 2026, NBCC (India) Limited itself announced securing work orders worth approximately Rs 132.28 crore. Prior to that, in May and February 2026, the company also reported receiving work orders amounting to Rs 83.24 crore and Rs 319.78 crore, respectively. These new orders for HSCL, a key subsidiary, align with the group's ongoing focus on government-backed infrastructure development projects across various sectors.

Why it matters

The new work orders enhance the order book and provide revenue visibility for NBCC's subsidiary, HSCL, specifically within the growing education infrastructure segment. The projects in Odisha demonstrate the group's geographical reach and capability in executing large-scale construction for government clients, particularly in social infrastructure. This contributes to the sustained operational activity of the company.

What to watch

Observers will monitor the execution progress of these educational infrastructure projects. Further order announcements for both NBCC and its subsidiaries will provide insights into the group's continued business development efforts.

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Figures sourced from public NSE/BSE exchange filings. Not investment advice. Editorial policy