ALFA Finder| Management target | Revenue 25.0% FY28 |
|---|
| Revenue growth | Revenue grew 34% YoY; organic growth driven by execution of order book. |
|---|---|
| Margins | EBITDA margins exceptionally high at 24.7% due to project mix. |
| Order book | Unexecuted order book stands at ₹19,100 crore; strong execution visibility. |
| Demand visibility | Strong visibility from 54 newly launched NHAI highway and expressway projects. |
| Management confidence | Defensive regarding project failures; over-optimistic on meeting high revenue guidance. |
Growth
Standalone revenue grew 34% YoY to ₹1,518 crore; EBITDA jumped 167% with margins at 24.7%.
Outlook
Targeting FY27 revenue of ₹6,000 crore and FY28 revenue of ₹7,500 crore with ₹15,000 crore inflows.
Risks
Regulatory debarment from NHAI, Lucknow-Kanpur project non-performance, and high working capital days (110 days) pose threats.
Last quarter's promises, checked
Delivered
- Guided FY26 Standalone Revenue ~₹4,600-4,700cr → delivered ₹4,633cr (= BEAT)
- Guided FY26 Standalone EBITDA Margin ~12% → delivered 12.58% (= BEAT)
- Guided FY26 Standalone PAT ~₹340-350cr → delivered ₹344cr (= BEAT)
Partly delivered
- Guided monetization of 12 assets → completed final tranche in March 2026 (= BEAT)
- Guided FY27 Standalone Revenue ₹6,000cr → Current Q1 trajectory ₹1,518cr (= PARTIAL)
Missed
- Guided FY26 NHAI Awarding target 4,500 km → delivered 3,124 km (= MISS)
Earnings Call Transcript filed with BSE, NSE: PNCINFRA. Summary written with AI assistance from the document.
PNC Infratech Ltd: key numbers
- Share price
- ₹133.72
- Market cap
- ₹3,430 Cr
- Revenue (annual)
- ₹5,368 Cr
- Net profit (annual)
- ₹831.8 Cr
- P/E (TTM)
- 5.4×Sector 33.5×
- Promoter holding
- 56.25%+0.18% QoQ
- FII holding
- 8.35%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from PNC Infratech Ltd
All →PNC Infratech Earnings Call Transcript: Key Takeaways
PNC reports strong revenue growth but remains under pressure from a temporary NHAI debarment stay and solar project cancellation.
- Call
- Guides 25% growth
PNC Infratech Investor Presentation: Key Takeaways
Q2FY27 standalone revenue Rs1,146cr (+17%), EBITDA margin 12.1% (-180bps), PAT Rs73cr (-16%). H1 revenue +26%, PAT +106%. Orderbook Rs14,871cr.
PNC Infratech Results Update
PNC Infratech issued a press release highlighting unaudited Q2 and H1 FY27 results, including standalone Q2 revenue of Rs.1146 Cr. Figures include NHAI arbitration awards and HAM monetisation gains.
PNC Infratech Q2 FY27 Results: Net Profit ₹114.7 Cr, Down 46.8% YoY
PNC Infratech Ltd reported revenue from operations of ₹1,322 Cr (+17.3% YoY) and net profit of ₹114.7 Cr (-46.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹114.7 Cr · -46.8% YoY
PNC Infratech Board Meeting Date
PNC Infratech has scheduled a board meeting on November 28, 2026, to consider and approve the standalone and consolidated financial results for the half-year period.
PNC Infratech Other Announcement
PNC Infratech informed exchanges that Crisil ESG Ratings assigned the company an ESG rating of 'Crisil ESG 53' based on public domain data.