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NSE:PNCINFRA

PNC INFRATECH LTD.

Construction › Construction·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹134.50
at close · 28 Oct 2026
▲ 0.06 (+0.04%)

Latest filings

  1. PNC Infratech Q2 and H1 FY27 results include Rs 217 crore NHAI award · Compliance
  2. Standalone revenue up 20.5%, group down 29.3%; highway bidding ban stayed · Results
  3. Conference call on Q2FY27 results scheduled for 29 Oct 2026 · Board & Shareholder Meetings
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

The company builds and operates highways, expressways, and related infrastructure, primarily for NHAI and state government agencies. In FY26 it reported consolidated revenue of INR 5,368 crore, earned across three segments: Road construction (75.8% of segment revenue) covering EPC and HAM highway projects for NHAI and state PWDs; Toll/Annuity (13.3%) from operating toll roads and receiving annuity payments under HAM concessions; and Water (10.9%) from pipelines, treatment plants, and canal works under the Jal Jeevan Mission and similar state schemes. The unexecuted order book stood at INR 22,000+ crore at the end of FY26, providing 3+ years of revenue visibility, with highways at 62%, water/canal/rail/airport at 25%, and coal mining at 13%. Beyond roads, the company is taking on solar EPC (INR 2,000 crore pipeline), coal mining execution, and airport works such as the Pantnagar Airport EPC (INR 302.44 crore). Materials account for 62.7% of revenue — the largest cost driver — with bitumen, fuel, steel, and cement being key inputs, partly compensated by MoRTH's cost escalation mechanism effective April 2026.

Revenue mix · reported segments
Road75.8%
Toll/Annuity13.3%
Water10.9%
Operating scale
Unexecuted order book
INR 22,000+ croreFY26 end
HAM project portfolio
14 projects with INR 17,200+ crore bid project costFY26
HAM equity commitment pending
INR 542 crore over FY27-FY28
FY27 revenue guidance
INR 6,000 crore (+30% YoY)
Solar EPC order
INR 2,000 crore pipeline
Order book mix
62% highways, 25% water/canal/rail/airport, 13% coal mining
Who pays it
Central and state government agencies — NHAI, MoRTH, state PWDs, Airports Authority of India, Jal Jeevan Mission authorities
Biggest cost
Construction materials at 62.7% of revenue — primarily bitumen, fuel, steel, and cement
Kind of business
Cyclical, asset-heavy civil construction and infrastructure (EPC, HAM, BOT-Toll)
Where it sits
A civil construction company with dominant highway exposure (62% of order book) diversifying into water, solar EPC, coal mining, and airport works
Market Cap
₹3,450 Cr
P / E (TTM)
4.7×
EV / EBITDA
4.7×
Div Yield
0.45%
Growth
-1.5%▼
Revenue 5y CAGR
PAT +10.8% · EBITDA +3.0%
Quality
13.5%▲
ROCE (5y median)
ROE 15.4% (5y median) · margin 33.0%
Leverage
0.76·
Debt / Equity · moderate
Net debt ₹4,280 Cr
Revenue FY21→FY26
0.9×▼
Margin +6.9 pts
₹5,788 Cr → ₹5,368 Cr
Cash conversion
0.62×·
Operating cash ÷ profit · 5 yrs
₹2,353 Cr on ₹3,795 Cr
Moves on a normal day
1.24%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 110 Civil Construction peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#11/101
P/B#12/85
ROCE#59/107
ROE#31/87
Debt / Equity#69/87
EBITDA margin#7/88
Revenue growth#30/86
Profit growth#53/84

Scorecard

Measured from the filed financials, judged against its Civil Construction peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Revenue shrinking over 5 years (−2% a year)
Carries more debt than its peers — 0.76× equity
higher than 79% of its 87 Civil Construction peers
Customers are taking longer to pay — 25 → 103 days of receivables
FY21 → FY26

Charts

How has the market priced it — with filings on the timeline?

PNCINFRA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from PNC INFRATECH LTD.'s filed financials and exchange disclosures

What does PNC INFRATECH LTD. do?

PNC INFRATECH LTD. is a Construction company listed on NSE and BSE, trading under the symbol PNCINFRA.

Is PNC INFRATECH LTD. profitable?

Yes. Over the trailing twelve months PNC INFRATECH LTD. reported a net profit of ₹732 Cr on revenue of ₹5,634 Cr.

Does PNC INFRATECH LTD. pay a dividend?

Yes. The dividend yield is 0.45% at the current price. It paid out 2% of its profit as dividend in FY26.

Is PNC INFRATECH LTD. debt-free?

No. It reported borrowings of ₹5,151 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹4,280 Cr after cash. Debt stands at 0.76× equity. That is higher than 79% of its 87 Civil Construction peers.

Is PNC INFRATECH LTD. expensive compared with its peers?

On trailing P/E, PNC INFRATECH LTD. ranks 11 of 101 in Civil Construction — cheaper than 90% of them, against an industry median of 13.5×. This is a position, not a valuation judgement.

How much does the PNC INFRATECH LTD. share price move in a day?

On a typical session PNC INFRATECH LTD. moves 1.24% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track PNC INFRATECH LTD.'s announcements?

Every NSE and BSE filing by PNC INFRATECH LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.