PNC Infratech Ltd (PNCINFRA) AI Stock Analysis

• Market Cap: ₹72.34B
• Dividend Yield: 0.24%
• Average Volume (3M): 23.43K
• Price to Earnings (P/E): 10.8
• Beta (1Y): 1.40
• Revenue Growth: -30.54%
• EPS Growth: -35.13%
• Country: IN
• Employees: 7,888
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 3.20
• Shares Outstanding: 256,539,150
• 10 Day Avg. Volume: 11,863
• 30 Day Avg. Volume: 23,429
• PEG Ratio: -0.79
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 0.99
• P/FCF Ratio: -7.64
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹335.00
• Price Target Upside: 35.38% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: ₹315.00 ▲(27.30% Upside)

PNC Infratech Ltd's overall stock score is driven by moderate financial performance and potential undervaluation. However, bearish technical indicators and cash flow challenges weigh down the score. Investors should be cautious of the high debt levels and focus on the company's ability to improve cash flow.

Positive Factors

Revenue Growth

Steady revenue growth indicates a strong demand for infrastructure projects and the company's ability to secure contracts, supporting long-term business expansion.

Order Book Strength

A strong order book with government and private sector contracts ensures future revenue streams and reinforces the company's market position in infrastructure development.

Industry Position

As a leading player in infrastructure, PNC Infratech benefits from India's growing infrastructure needs, providing a durable competitive advantage in the sector.

Negative Factors

Rising Debt Levels

Elevated debt levels can strain financial flexibility, especially if interest rates rise, potentially impacting the company's ability to invest in new projects.

Cash Flow Challenges

Negative cash flow indicates potential liquidity issues, which could hinder the company's ability to fund operations and growth without relying on external financing.

Declining Net Profit Margins

Decreasing net profit margins suggest rising costs or inefficiencies, which could erode profitability if not addressed, impacting long-term financial health.

PNC Infratech Ltd Business Overview & Revenue Model

Company Description

PNC Infratech Limited, together with its subsidiaries, operates as an infrastructure construction, development, and management company in India. The company undertakes various infrastructure projects, including highways, bridges, flyovers, power transmission lines, airport runways and pavements, industrial area development, track construction for rail freight corridors, and other infrastructure projects. It also provides end-to-end infrastructure implementation solutions, such as engineering, procurement, and construction services on a fixed-sum turnkey basis, as well as on an item rate basis; and executes and implements projects on a design-build-finance-operate-transfer, operate-maintain-transfer, hybrid annuity model, and other public-private partnership formats. The company was formerly known as PNC Construction Company Limited and changed its name to PNC Infratech Limited in August 2007. PNC Infratech Limited was founded in 1989 and is headquartered in Agra, India.

How the Company Makes Money

PNC Infratech generates revenue through multiple streams, primarily by securing contracts for large-scale infrastructure projects from government and private entities. The company's revenue model is mainly based on fixed-price contracts, where it undertakes the construction of roads, highways, and other infrastructure works for a predetermined price. Additionally, PNCINFRA also earns income through project management consultancy services and by participating in public-private partnership (PPP) projects that may offer additional revenue opportunities. Strategic partnerships with government bodies and other stakeholders play a crucial role in winning tenders and expanding its project portfolio, further bolstering its financial performance.

PNC Infratech Ltd Financial Statement Overview

Summary

PNC Infratech Ltd shows moderate financial performance with consistent revenue growth and stable operational margins. However, declining net profit margins and negative cash flow raise concerns about cost management and liquidity.

Income Statement

PNC Infratech Ltd shows moderate income statement performance, with consistent revenue growth over the years, albeit at a decreasing rate recently. Gross profit margin is healthy, but net profit margin has been declining, indicating rising costs or inefficiencies. EBIT and EBITDA margins are stable, reflecting steady operational performance.

Balance Sheet

The company's balance sheet reveals a high debt-to-equity ratio, which could pose a risk if interest rates rise or if earnings fluctuate. However, the equity ratio is decent, indicating a fair amount of assets financed by shareholders. ROE has been increasing, suggesting improved profitability relative to equity.

Cash Flow

Cash flow analysis indicates challenges, with negative operating cash flow and free cash flow. This raises concerns about the company's ability to generate cash from operations. The operating cash flow to net income ratio is negative, highlighting potential liquidity issues, although financing activities are keeping cash balances afloat.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	60.24B	67.69B	86.50B	79.56B	70.22B	55.81B
Gross Profit	21.84B	23.33B	52.34B	14.00B	16.44B	18.31B
EBITDA	19.59B	22.38B	20.60B	16.30B	16.16B	15.28B
Net Income	6.72B	8.15B	9.09B	6.58B	5.80B	4.97B
Balance Sheet
Total Assets	0.00	180.59B	156.10B	126.32B	106.45B	95.75B
Cash, Cash Equivalents and Short-Term Investments	24.33B	24.33B	17.93B	9.37B	10.50B	14.02B
Total Debt	0.00	93.64B	80.25B	62.82B	47.93B	41.92B
Total Liabilities	-59.89B	120.70B	104.25B	83.47B	70.17B	65.23B
Stockholders Equity	59.89B	59.89B	51.85B	42.85B	36.28B	30.53B
Cash Flow
Free Cash Flow	0.00	-8.79B	-2.82B	-15.17B	-5.80B	-23.60M
Operating Cash Flow	0.00	-8.44B	-2.31B	-14.54B	-4.99B	1.86B
Investing Cash Flow	0.00	-3.24B	-2.50B	3.43B	247.26M	-2.48B
Financing Cash Flow	0.00	13.08B	10.67B	10.05B	1.48B	633.14M

PNC Infratech Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 247.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PNCINFRA, the sentiment is Negative. The current price of 247.45 is below the 20-day moving average (MA) of 267.95, below the 50-day MA of 282.41, and below the 200-day MA of 286.63, indicating a bearish trend. The MACD of -9.63 indicates Positive momentum. The RSI at 22.52 is Positive, neither overbought nor oversold. The STOCH value of 12.46 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PNCINFRA.

PNC Infratech Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AHLUCONT	68 Neutral	₹61.49B	27.61	―	0.06%	5.56%	-22.59%
RAMKY	67 Neutral	₹43.11B	21.10	―	―	-15.09%	-15.98%
CAPACITE	64 Neutral	₹23.74B	12.15	―	―	15.23%	8.61%
GRINFRA	60 Neutral	₹111.24B	10.08	―	1.14%	-6.01%	-3.81%
RPPINFRA	60 Neutral	₹5.83B	8.12	―	0.48%	-7.32%	-26.92%
PNCINFRA	57 Neutral	₹72.34B	10.77	―	0.24%	-30.54%	-35.13%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

PNC Infratech Ltd Corporate Events

PNC Infratech Promotes Ashish Jain to Executive Director

PNC Infratech Limited announced the promotion of Mr. Ashish Jain from Deputy Director to Executive Director, effective October 25, 2025. This strategic move, approved by the Board of Directors, aims to strengthen the company’s senior management team, potentially enhancing its operational efficiency and project management capabilities.