PNC Infratech Ltd

PNC Infratech Ltd announced that CARE Ratings Limited has reviewed the credit rating on the Long-Term Bank Facilities of its subsidiary, Yamuna Highways Private Limited, reporting an amount of Rs 465.17 crore (reduced from Rs 472.25), upgrading the rating from CARE AA, Positive to CARE AA+ Stable. The rating action was reported on August 26, 2026, and no other rating agencies or instruments are mentioned in the filing, nor are there any enhancements, assignments, or withdrawals detailed beyond this specific rating action for Yamuna Highways Private Limited.

PNC Infratech Ltd announced that Care Ratings Limited has reviewed the credit rating on the Long-Term Bank Facilities of its subsidiary, Awadh Expressway Private Limited, reporting an amount of Rs 757.43 crore, which has been reduced from Rs 776.85 crore, and assigned a rating of CARE A+ (Review and Watch with Developing Implications). The rating action involves a placement on Rating Watch with Developing Implications, with no enhancements, assignments, or withdrawals reported by any other rating agencies.

PNC Infratech Ltd share price retreated by 6.46% to Rs 224.4. The Company's net profit saw a strong growth of 208.03% to Rs 331.93 crore, while revenue from operations slightly gained 4.42% to Rs 1688.46 crore in Q2FY26 over Q1FY26. The market capitalization of Civil Construction industry group stocks on BSE stood at Rs 9.61 lakh crore, slipping 5.92%. It has marginally improved by 2.14% over last one week and softened by 2.18% in last one month while the market capitalization of PNC Infratech Ltd has slipped by 8.76% and 0.02% in the same period respectively. Profit before tax (PBT) of PNC Infratech Ltd stood at Rs 431.55 crore in Q2 FY26, dropping 14.01% year-on-year, and rallying 178.83% quarter-on-quarter. EBITDA came in at Rs 452 crore, expanding by 34.43% YoY and jumping 91.99% sequentially. Total expenses fell by 12.41% to Rs 1204.38 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 937.38 crore, falling by 14.22% YoY, while employee benefits expense was at Rs 105.75 crore, witnessing a strong rise of 20.38% YoY. For the TTM ended FY26, revenue from operations slumped by 21.75% to Rs 6768.68 crore, while net profit dropped 10.34% to Rs 815.42 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 193973% to Rs 1894.29 crore, and PBT softened 4.58% to Rs 1191.56 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 56.11 crore in FY26, as against Rs 231.19 crore in FY25. PNC Infratech Ltd tumbled by 27.18% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.63% during the same period.

PNC Infratech will hold a meeting of the Board of Directors of the Company on 8 August 2026.

PNC Infratech (Company) intimates signing of concession agreements between National Highways Authority of India and the Special Purpose Vehicles incorporated by the Company for implementation of the following two Hybrid Annuity Mode (HAM) Highway Projects for an aggregate Bid Project Cost of Rs. 3483 crore, on 16 July 2026, late evening:   Project Name   SPV Bid Project Cost (Rs crore)    1 Construction of 4 Lane highway from Barabanki Design Chainage Km 0+000 to Mustafabad Design Chainage Km 43+030 (Existing Chainage Km 0.000 to Chainage Km 43.700) on the section of NH-927 in Uttar Pradesh on HAM Mode under NH (O) Scheme (Package-I)   Barabanki Mustafabad Highway  1728    2 Construction of 4 Lane highway from Mustafabad Design Chainage Km 43+030 to Biswariya Design Chainage Km 101+515 (Existing Chainage Km 43.700 to chainage Km 98.475) on the section of NH-927 in Uttar Pradesh on HAM Mode under NH(O) Scheme (Package-II)  Mustafabad Biswariya Highway  1755 

PNC Infratech has received incorporation of a subsidiary company, in the name of Barabanki Mustafabad Highway as a special purpose vehicle on 17 June 2026 to implement a highway project awarded by National Highways Authority of India.

The project involves construction of a four-lane flyover with two loops and two ramps at Shaheed Path Intersection, RHS bank of Gomti River in Lucknow. The domestic order is to be executed over a period of 24 months, the company said. The contract does not involve any related-party transaction and has been awarded by a domestic entity, it added. PNC Infratech is engaged in infrastructure development, construction and management activities across sectors, including highways, bridges, flyovers, airport runways, power transmission lines and industrial area development. PNC Infratech reported a 42.88% year-on-year rise in consolidated net profit to Rs 107.85 crore in Q4 FY26, compared with Rs 75.48 crore in the corresponding quarter last year. However, revenue from operations declined 5.11% YoY to Rs 1,616.98 crore in the quarter ended 31 March 2026. Powered by Capital Market - Live

PNC Infratech has received Letter of Acceptance dated 27 May 2026 (LOA) from Lucknow Development Authority, Uttar Pradesh for Construction of 4 Lane Flyover with 2 loops and 2 ramps at Shaheed Path Intersection, RHS bank of Gomti River, Lucknow (UP) on EPC Basis for Rs. 194.40 crore exclusive of GST.

PNC Infratech announced that the Board of Directors of the Company at its meeting held on 19 May 2026, inter alia, have recommended the final dividend of Rs 0.6 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

Net profit of PNC Infratech rose 42.89% to Rs 107.85 crore in the quarter ended March 2026 as against Rs 75.48 crore during the previous quarter ended March 2025. Sales declined 5.11% to Rs 1616.98 crore in the quarter ended March 2026 as against Rs 1704.11 crore during the previous quarter ended March 2025. For the full year,net profit rose 2.00% to Rs 831.77 crore in the year ended March 2026 as against Rs 815.49 crore during the previous year ended March 2025. Sales declined 20.69% to Rs 5368.10 crore in the year ended March 2026 as against Rs 6768.68 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1616.981704.11 -5 5368.106768.68 -21 OPM %17.1421.26 -21.1730.52 - PBDT181.54191.62 -5 696.451386.08 -50 PBT146.31151.00 -3 574.311191.56 -52 NP107.8575.48 43 831.77815.49 2 Powered by Capital Market - Live