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NBCC Ltd.

ORDER BOOK

Our order book is calculated as the total contract value (as per the terms of the contract / attendant documents / addendums) of all existing contracts as of such date, minus any revenue already recognised by the Company in relation to such existing contracts up to and including such date (PMC Order Book). In our industry, the order book is considered to be one of the indicators of future performance as it represents a significant portion of anticipated future revenue. The PMC Order Book as on March 31, 2015 was 193674.04 million related to Ongoing Projects and 36748.80 million related to the Forthcoming Projects.

The Company continues to add new projects, and have been awarded 106 orders during the period from April 1, 2014 to March 31, 2015 of which the value of projects is worth 73662.30 million. Our Company expects to complete majority of the projects that constitute its existing PMC Order Book in the next 24 to 36 months. However, these projects are subject to cancellation and modification under the terms of their contracts and other relevant documentation.

Composition of our Order Book as on March 31, 2015 (in terms of outstanding contract value in million)

We define our Civil infrastructure for power sector Order Book as the amount of Order Book calculated as the total contract value (as per the terms of the contract / attendant documents / addendums) of all existing contracts in the Civil infrastructure for power sector segment as of such date, minus any revenue already recognised by the Company in relation to such existing contracts up to and including such date (Civil Infrastructure Order Book). Our Civil Infrastructure Order Book as on March 31, 2014 was 4599.10 million. The Company expects to complete such projects in the next 24 to 36 months. However, these projects are subject to cancellation and modification under the terms of their contracts and other relevant documentation.n.