| Revenue growth | Q2 standalone +17%; H1 +26% YoY |
|---|---|
| Margins | Standalone Q2 EBITDA margin 12.1% vs 13.9%; H1 19.2% vs 13.1% |
| Order book | Rs14,871cr; roads 8,197cr, mining 2,800cr, water 2,204cr |
| Demand visibility | Orderbook Rs14,871cr across 27 projects |
Growth
Standalone Q2 revenue +17%, EBITDA +1%. Consolidated Q2 revenue +17%, PAT -47%. H1 standalone EBITDA +85%, PAT +106%.
Outlook
No explicit guidance. Rs411cr HAM equity yet to invest. Rs1,091cr Bhopal Bypass awaiting appointed date. Kazakhstan subsidiary set up.
Risks
NHAI debarment stayed by Delhi HC. Margin compression. Consolidated debt Rs5,912cr. Negative H1 consolidated operating cash flow.
Last quarter's promises, checked
Delivered
- Guided FY27 EBITDA margin ~12% → Q2 standalone 12.1% (= BEAT, in line)
Partly delivered
- Guided FY27 revenue Rs6,000cr → H1 standalone Rs2,664cr, 44% of target (= PARTIAL)
- Guided Rs226cr FY27 equity infusion → remaining equity Rs436cr cut to Rs411cr (= PARTIAL)
- Guided Bhopal Bypass start by Q3CY26 → still awaiting appointed date, Rs1,091cr (= PARTIAL, deadline open)
Missed
- Guided debt to fall from ~Rs900cr → standalone debt Rs1,312cr (= MISS)
Investor Presentation filed with NSE, NSE: PNCINFRA. Summary written with AI assistance from the document.
PNC Infratech Ltd: key numbers
- Share price
- ₹133.98
- Market cap
- ₹3,437 Cr
- Revenue (annual)
- ₹5,368 Cr
- Net profit (annual)
- ₹831.8 Cr
- P/E (TTM)
- 5.5×Sector 32.4×
- 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 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.
PNC Infratech Promoter Selling (Off-Market)
PNC Infratech reported inter-se promoter transfers where three HUF entities transferred their entire shareholdings to individual family members through off-market transactions.