NMDC Group Reports Profit Growth and Project Expansion
In the first nine months of 2025, NMDC Group demonstrated robust financial performance, showcasing a substantial increase in both revenue and net profit. The company’s strategic focus on overseas expansion and energy contracts has played a pivotal role in its growth trajectory.
Financial Highlights
NMDC Group reported a revenue of Dh20.5 billion, marking an 11% increase compared to the same period last year. The net profit surged by 26% to reach Dh2.8 billion, resulting in a net profit margin of 13.5%. This growth is attributed to effective margin expansion and consistent execution across key markets.
Project Backlog and Awards
As of September 2025, NMDC’s project backlog stood at Dh62.3 billion, reflecting the company’s strong pipeline for future projects. During this period, NMDC secured project awards totaling Dh17.7 billion, with international contracts constituting 38% of these awards. This trend underscores the increasing significance of global markets in NMDC’s business strategy.
Notable Project Wins
The company achieved several key project wins, including its entry into the Philippines with a $610.1 million project in Manila Bay. Additionally, NMDC secured a $104.2 million contract for a new marina in Salalah and a substantial $1.13 billion subsea gas pipeline agreement in Taiwan through NMDC Energy. The total project pipeline now amounts to Dh89 billion, encompassing NMDC D&M, NMDC Energy, and NMDC Infra.
Strategic Collaborations
NMDC is enhancing its long-term growth prospects through strategic partnerships. The company has established a three-year collaboration agreement with ADNOC L&S and extended its framework with Aramco. Furthermore, NMDC has maintained its AA ESG rating from MSCI and is working with the Environment Agency – Abu Dhabi to develop initiatives aimed at protecting marine environments and ecosystems.
FAQs
What factors contributed to NMDC Group’s profit growth in 2025?
The profit growth can be attributed to effective margin expansion, consistent execution in key markets, and successful overseas project acquisitions.
How significant is NMDC’s international presence?
International contracts accounted for 38% of NMDC’s project awards, highlighting the company’s strategic shift towards expanding its global footprint.
What are NMDC’s future plans regarding environmental sustainability?
NMDC is collaborating with the Environment Agency – Abu Dhabi to create a framework focused on protecting marine environments and natural ecosystems across 13 designated areas.
Conclusion
NMDC Group’s impressive financial results and expanding project backlog indicate a strong position in the market. With ongoing strategic collaborations and a commitment to sustainability, the company is well-prepared to continue its growth and contribute to the UAE’s industrial and economic development.
The NMDC Group’s financial performance reflects broader trends in the construction and energy sectors, where demand for infrastructure development continues to rise, particularly in emerging markets. The company’s ability to secure significant contracts in diverse geographical locations underscores its adaptability and strategic foresight. As global economies recover and invest in infrastructure, NMDC’s proactive approach to entering new markets positions it favorably to capitalize on these opportunities.
In addition to its financial achievements, NMDC’s commitment to sustainability is increasingly relevant in today’s business environment. The company’s collaboration with the Environment Agency – Abu Dhabi not only enhances its corporate social responsibility profile but also aligns with global sustainability goals. By focusing on protecting marine ecosystems, NMDC is addressing environmental concerns that are critical to stakeholders, including investors and regulatory bodies. This focus on sustainability can also improve operational efficiencies and reduce long-term risks associated with environmental compliance.
Looking ahead, NMDC’s strategic initiatives, including its partnerships with major industry players like ADNOC and Aramco, are likely to bolster its competitive edge. These collaborations may facilitate knowledge sharing and innovation, further enhancing NMDC’s capabilities in executing complex projects. As the company continues to expand its portfolio and strengthen its international presence, it remains poised to play a significant role in the region’s economic development while adhering to sustainable practices.
Also Read:
e& Reports Strong Revenue Growth in Q3 2025
