PNC Infratech Ltd (IN:PNCINFRA)
:PNCINFRA
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PNC Infratech Ltd
(PNCINFRA)
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Rating:53Neutral
Price Target:
₹176.00
▼(-29.56% Downside)
Action:ReiteratedDate:03/24/26
The score is held back primarily by weak cash flow and high leverage risk within financial performance, alongside a strongly bearish technical trend (below key moving averages with negative MACD). Valuation is only neutral, with a modest P/E and very low dividend yield offering limited support.
Positive Factors
Integrated EPC capability
PNC Infratech’s integrated EPC model (design, engineering, construction, project management) creates a durable competitive advantage in road/bridge projects. Full-service capability supports repeat contract wins, tighter project control, and higher conversion of bid pipeline to revenue across multi-year contracts.
Negative Factors
High leverage
A high debt-to-equity ratio increases financial leverage risk for a project-intensive firm. Higher interest and refinancing exposure reduce flexibility to bid new contracts or absorb delays, and magnify earnings volatility if project cash flows or collections slow over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated EPC capability
PNC Infratech’s integrated EPC model (design, engineering, construction, project management) creates a durable competitive advantage in road/bridge projects. Full-service capability supports repeat contract wins, tighter project control, and higher conversion of bid pipeline to revenue across multi-year contracts.
Read all positive factors
PNC Infratech Ltd (PNCINFRA) vs. iShares MSCI India ETF (INDA)
Market Cap
₹47.15B
Dividend Yield0.23%
Average Volume (3M)23.43K
Price to Earnings (P/E)21.0
Beta (1Y)1.46
Revenue Growth-30.54%
EPS Growth-35.13%
CountryIN
Employees7,888
SectorServices
Sector StrengthN/A
IndustryEngineering & Construction
Share Statistics
EPS (TTM)3.00
Shares Outstanding256,539,150
10 Day Avg. Volume11,863
30 Day Avg. Volume23,429
Financial Highlights & Ratios
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹265.00Price Target Upside6.06% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)18.45
Revenue Forecast (FY)₹60.16B
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 t...
How the Company Makes Money
PNC Infratech makes money mainly by executing infrastructure construction contracts, largely in the roads and highways segment. Its core revenue stream is EPC/contract revenue earned from government and public-sector clients (and their agencies) f...
PNC Infratech Ltd Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
60
Neutral
Cash Flow
50
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 57.25B | 67.69B | 86.50B | 79.56B | 70.22B | 55.81B |
| Gross Profit | 20.69B | 23.33B | 52.34B | 14.00B | 16.44B | 18.31B |
| EBITDA | 20.13B | 22.38B | 20.60B | 16.30B | 16.16B | 15.28B |
| Net Income | 8.04B | 8.15B | 9.09B | 6.58B | 5.80B | 4.97B |
Balance Sheet | ||||||
| Total Assets | 137.78B | 180.59B | 156.10B | 126.32B | 106.45B | 95.75B |
| Cash, Cash Equivalents and Short-Term Investments | 30.11B | 24.33B | 17.93B | 9.37B | 10.50B | 14.02B |
| Total Debt | 50.69B | 93.64B | 80.25B | 62.82B | 47.93B | 41.92B |
| Total Liabilities | 71.55B | 120.70B | 104.25B | 83.47B | 70.17B | 65.23B |
| Stockholders Equity | 66.23B | 59.89B | 51.85B | 42.85B | 36.28B | 30.53B |
Cash Flow | ||||||
| Free Cash Flow | 41.89B | -8.79B | -2.82B | -15.17B | -5.80B | -23.60M |
| Operating Cash Flow | 41.89B | -8.44B | -2.31B | -14.54B | -4.99B | 1.86B |
| Investing Cash Flow | -3.41B | -3.24B | -2.50B | 3.43B | 247.26M | -2.48B |
| Financing Cash Flow | -46.29B | 13.08B | 10.67B | 10.05B | 1.48B | 633.14M |
PNC Infratech Ltd Technical Analysis
Negative
249.85
Price Trends
203.78
Negative
228.12
Negative
264.41
Negative
Market Momentum
-10.43
Negative
37.21
Neutral
49.58
Neutral
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 249.85 is above the 20-day moving average (MA) of 183.55, above the 50-day MA of 203.78, and below the 200-day MA of 264.41, indicating a bearish trend. The MACD of -10.43 indicates Negative momentum. The RSI at 37.21 is Neutral, neither overbought nor oversold. The STOCH value of 49.58 is Neutral, 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | ₹51.72B | 30.38 | ― | 0.06% | 5.56% | -22.59% | |
61 Neutral | ₹33.05B | 12.27 | ― | ― | -15.09% | -15.98% | |
60 Neutral | ₹81.16B | 9.32 | ― | 1.20% | -6.01% | -3.81% | |
58 Neutral | ₹19.38B | 10.65 | ― | ― | 15.23% | 8.61% | |
57 Neutral | ₹3.70B | 186.32 | ― | 0.47% | -7.32% | -26.92% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
53 Neutral | ₹47.15B | 21.04 | ― | 0.23% | -30.54% | -35.13% |
* Services Sector Average
IN:PNCINFRA
PNC Infratech Ltd
183.80
-72.95
-28.41%
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PNC Infratech Ltd Corporate Events
PNC Infratech Denies Undisclosed News Behind Surge in Trading Volume
Feb 20, 2026
PNC Infratech Ltd has responded to a stock exchange query regarding a significant increase in trading volume in its shares, stating that it is fully compliant with SEBI Listing Regulations and has been promptly disclosing all events that could imp...
Exchange Seeks Clarification from PNC Infratech After Surge in Trading Volumes
Feb 19, 2026
The stock of PNC Infratech Ltd has seen a significant increase in trading volumes, drawing attention from the stock exchange to potential information gaps in the market. In response, the exchange has formally sought updated and relevant informatio...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.