As per attachment
PNCINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PNC Infratech reported standalone FY26 revenue of Rs. 4,633 Cr, down 16% from Rs. 5,513 Cr in FY25. EBITDA margin compressed significantly to 12.6% from 19.0% previously. Standalone PAT declined sharply to Rs. 344 Cr from Rs. 706 Cr (down 51%). On a consolidated basis, FY26 revenue was Rs. 5,368 Cr (down 21%) with PAT at Rs. 832 Cr, up 2% due to exceptional gain of Rs. 492 Cr from asset divestment. The company completed a major divestment of 12 road assets to a KKR-affiliated InvIT for enterprise value of Rs. 9,006 Cr. The orderbook stands at Rs. 18,094 Cr (3.9x FY26 revenue) with new project wins post-March 2026 worth Rs. 3,957 Cr, including a Rs. 2,000 Cr solar project and Rs. 2,957 Cr mining contract.
The sharp decline in revenue and significant margin compression in standalone financials signals underlying operational challenges. The asset divestment helped reduce consolidated debt and boost PAT, but the core EPC business faced headwinds. The strong orderbook provides revenue visibility for coming years, though execution and margin recovery will be key watchpoints.