PNC Infratech Limited was incorporated on August 9, 1999, as PNC Construction Company Private Limited. The Company was converted into a limited company in 2001 and was renamed PNC Infratech Limited in 2007. PNC Infratech Limited is one of the front-ending infrastructure development, construction, and management companies in the country. PNC Infratech Ltd is a leading infrastructure construction, development, and management company that was incorporated in 1994. The company is headquartered in Noida, India, and has a wide range of operations, including civil construction, power transmission and distribution, road construction, and real estate development.
PNC Infratech Limited is an India-based infrastructure construction, development and management company. The Company is primarily engaged in the areas of infrastructure projects, including highways, bridges, flyovers, power transmission lines, airport runways, and other infrastructure activities. The company's operations are executed across various states in India including Rajasthan, Punjab, Haryana, Uttarakhand, Uttar Pradesh, Delhi, Bihar, West Bengal, Assam, Madhya Pradesh, Maharashtra, Karnataka, and Tamil Nadu.
Its segments include Road, Water, and Toll/Annuity. It offers end-to-end infrastructure implementation solutions that include design, engineering, procurement, construction, O&M services on fixed-sum turnkey (EPC), Design-Build-Finance-Operate-Transfer (DBFOT) Toll, Annuity, Hybrid Annuity, and Operate-Maintain-Transfer and other formats. The company's segments include Engineering, Procurement, and Construction (EPC) Contract and BOT (Toll and Annuity).
PNC Infratech has established itself as a strong executor in roads, water infra, and airport runway segments. Additionally, superior execution capabilities via ownership of modern equipment and in-house teams enables PNC to deliver projects on-time. PNC has executed 70 major infrastructure projects till date. The company's top products include bridges, flyovers, roads, highways, power transmission lines, and substations. PNC Infratech Ltd has also built several iconic structures, such as the iconic Yamuna Expressway, which is the longest expressway in India.
For the full year, net profit declined 10.33% to ₹815.49 Crore in the year ended March 2025, as against ₹909.42 Crore during the previous year ended March 2024. Sales declined 21.75% to ₹6,768.68 Crore in the year ended March 2025, as against ₹8,649.87 Crore during the previous year ended March 2024.
Net profit of PNC Infratech declined 80.93% to ₹75.48 Crore in the quarter ended March 2025, as against ₹395.89 Crore during the previous quarter ended March 2024. Sales declined 34.46% to ₹1,704.11 Crore in the quarter ended March 2025, as against ₹2,600.15 Crore during the previous quarter ended March 2024.
PNC Infratech Ltd's net profit fell -56.01% since last year same period to ₹81.39 Crore in Q3 FY2024-2025. Revenue: ₹1,470.01 Crore as on December 2024 (Q4 2024). Net Profit: ₹81.35 Crore as on December 2024 (Q4 2024). Listing date: May 26, 2015. Chairperson Name: Pradeep Kumar Jain.
PNC Infratech Ltd has a market capitalization of ₹7,439 Crore. As of May 26, 2025, 03:56 PM, the market cap of PNC Infratech Ltd stood at ₹7,511.46 Crore. The latest PE ratio of PNC Infratech Ltd as of May 26, 2025, 03:56 PM is 6.66 and The latest PB ratio of PNC Infratech Ltd as of May 26, 2025, 03:56 PM is 0.77.
Promoter holding in PNC Infratech Ltd has remained stable at 56.07% as of March 2025 (unchanged from June 2024). The company is listed on both NSE (PNCINFRA) and BSE (539150).
PNC Infratech Ltd (BOM:539150) has a robust unexecuted order book of over INR 17,700 Crore, providing a strong revenue visibility for the future. PNC Infratech Q4 FY25 results: ₹6769 Crore revenue, ₹815 Crore PAT, ₹17,700 Crore order book, ₹15,000 Crore FY26 order inflow guidance.
For FY26, we are targeting a 20% growth in gross revenue, an EBITDA margin of around 13%, and expect new orders worth INR15,000 Crore by the end of the financial year. The company has been declared as L1 bidder for an EPC project in Rajasthan worth INR 240 Crore, indicating continued success in securing new projects.
The company successfully completed the sale of 10 road projects to KKR-backed Highways Infrastructure Trust, reducing its consolidated debt significantly. PNC Infratech received an arbitration award of ₹485.28 Crore with 12% annual interest for a long-standing dispute with NHAI regarding the Agra Bypass project.
The company completed stake sales in 10 road assets to HIT, aiming to recycle capital for new ventures. This strategic move demonstrates the company's asset-light approach and capital recycling capabilities to fund future growth opportunities.
It is actively working on 23 projects, including 6 BOT and 1 OMT project with both toll and annuity assets. It has 1 HAM project with 13 HAM projects under development, said Nirmal Bang Institutional Equities. PNC is currently under advance stages of discussions with potential investor to monetize its 6 completed HAM, 1 BOT-Annuity and 1 BOT-toll projects (total equity infusion: ~₹940 Crore).
PNC Infratech Ltd (BOM:539150) is diversifying into new sectors such as renewable energy and smart metering, which could open up new revenue streams. The company expects total revenue of up to ₹900 Crore for FY23 from drinking water projects.
PNC Infratech Ltd target price ₹380.33, a slight upside of 26.54% compared to current price of ₹301. According to 15 analyst ratings. According to analyst recommendations, PNC Infratech Ltd Share has a "Buy" rating for the long term.
Despite a decline in returns, the company shows an 8.72% sales growth, indicating strong project execution and market presence. The company's strong order book, ongoing asset monetization strategy, and diversification into new sectors position it well for future growth in India's expanding infrastructure sector.
