PNC Infratech Ltd (PNCINFRA) AI Stock Analysis

• Market Cap: ₹72.59B
• Dividend Yield: 0.21%
• Average Volume (3M): 23.43K
• Price to Earnings (P/E): 10.8
• Beta (1Y): 1.43
• Revenue Growth: -30.96%
• EPS Growth: -48.49%
• Country: IN
• Employees: 7,888
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 3.10
• 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: ₹310.00
• Price Target Upside: 10.48% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 57 Neutral
• Price Target: ₹315.00 ▲(12.26% Upside)

PNC Infratech Ltd's stock score is primarily influenced by its moderate financial performance and attractive valuation. However, technical indicators suggest caution due to negative momentum and liquidity concerns. The absence of earnings call data and corporate events limits further insights.

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 Ltd makes money through its core business of executing infrastructure projects, primarily in the transportation sector. The company's revenue model is based on securing contracts from government and private sector entities for the construction and development of highways, bridges, and other infrastructure projects. Key revenue streams include engineering, procurement, and construction (EPC) contracts, as well as hybrid annuity model (HAM) projects, where PNC Infratech invests in and manages infrastructure assets over a concession period. The company also engages in public-private partnerships (PPP) to further enhance its project portfolio and revenue opportunities. Significant partnerships with government agencies and private sector clients, along with a robust order book, contribute to its earnings.

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: 280.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: 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 280.6 is below the 20-day moving average (MA) of 285.31, below the 50-day MA of 296.23, and below the 200-day MA of 289.91, indicating a bearish trend. The MACD of -4.04 indicates Negative momentum. The RSI at 43.74 is Neutral, neither overbought nor oversold. The STOCH value of 45.24 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AHLUCONT	―	₹62.70B	28.43	―	0.06%	4.32%	-37.38%
RPPINFRA	―	₹5.92B	8.15	―	0.42%	-0.58%	-12.30%
RAMKY	―	₹44.80B	21.93	―	―	-14.64%	-25.44%
CAPACITE	―	₹23.00B	11.77	―	―	14.40%	20.33%
GRINFRA	―	₹114.51B	10.38	―	1.07%	-13.83%	-5.72%
PNCINFRA	―	₹72.59B	10.81	―	0.21%	-30.96%	-48.49%
Sector *	―	$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.

PNC Infratech Secures Major Mining Services Contract

PNC Infratech Limited has announced the receipt of a Letter of Acceptance from South Eastern Coalfields Limited for a significant project involving handling, transport, and other mining services at the Gevra OCP Expansion Project in Chhattisgarh. The contract, valued at Rs. 3488.86 crores, is set to be executed over five years, marking a substantial addition to PNC Infratech’s project portfolio and reinforcing its position in the domestic infrastructure sector.