3 Stocks with Strong Fundamentals and Order Books Exceeding ₹1 Lakh Crore to Consider for Your Watchlist

In today’s ever-changing market landscape, companies with substantial order books often indicate consistent demand, operational efficiency, and long-term revenue predictability. Whether operating in engineering, manufacturing, or infrastructure sectors, a robust pipeline of orders can serve as a safety net during economic downturns and drive future expansion. These companies not only demonstrate their ability to execute projects but also showcase their confidence in their respective industries and strategic positioning.

Here are three strong stocks with order books exceeding Rs.1 lakh crores each:

NBCC (India) Ltd

NBCC Ltd, a prominent Navratna PSU construction and infrastructure firm, boasts a market capitalization of Rs.34,437 crore. Its shares closed at Rs.127.57 per equity share, marking a 0.42 percent increase from the previous closing price.

As of March 31, 2025, NBCC reported a consolidated order book of Rs.1,20,533 crores. This figure includes contracts from its subsidiaries such as HSCC (Rs.9,280 crores), HSCL (Rs.6,815 crores), and NSL (Rs.183 crores), with NBCC contributing a significant Rs.1,04,255 crores.

Of particular note is NBCC’s strategic Memorandum of Understanding (MoU) with MAHAPREIT valued at Rs.25,000 crores for developing data centers, slum rehabilitation projects, and residential complexes under cluster development. The company has also secured key contracts including a Rs.3,500 crore mixed land use development project in Lucknow and a Rs.916.56 crore township construction project for Damodar Valley Corporation.

Rail Vikas Nigam Ltd

With a market capitalization of Rs.89,438 crore, Rail Vikas Nigam Ltd, a leading PSU firm specializing in rail infrastructure projects, witnessed its shares close at Rs.428.15 per equity share, reflecting a 0.34 percent decrease from the previous closing price.

RVNL boasts an order book of approximately Rs.1 lakh crores, with Rs.45,000 crores stemming from Indian Railways projects and the remaining Rs.55,000 crores secured through competitive bidding.

Recent wins for RVNL include a Rs.554 crore highway project from NHAI, a Rs.143 crore contract from Southern Railway, and the lowest bid for a Rs.5,000 crore telecom infrastructure project. The company also secured an Rs.837 crore project from Eastern Railway and won a Rs.270 crore metro contract in Maharashtra. Multiple projects from different railway zones amounting to over Rs.695 crores have further bolstered RVNL’s order book.

Hindustan Aeronautics Ltd

Hindustan Aeronautics Ltd, a leading state-owned aerospace and defense company, boasts a market capitalization of Rs.3.33 lakh crore. Its shares closed at Rs.4,982.00 per equity share, marking a 1.77 percent decrease from the previous closing price.

As of May 2025, HAL reported an order book of Rs.1,89,300 crores, nearly doubling from the previous year’s Rs.94,127 crores. This growth was fueled by revenue of Rs.30,105 crores for the current year, with major contracts valued at Rs.1,02,337 crores contributing significantly.

Key contracts include the production of 240 AL-31FP engines for the Sukhoi-30, delivery of 156 LCH Prachand units, and supply of 12 Sukhoi-30MKI aircraft, among others. HAL also has repair and overhaul orders, design and development contracts, and export orders lined up, totaling to Rs.1 lakh crores expected within the next one to two years.

In conclusion, these three companies exemplify operational excellence, strategic contracts, and robust order books that position them well for sustained growth and profitability in the long run. Investors seeking fundamentally strong stocks with significant revenue visibility may find these companies worth adding to their watchlists.