The shares of the prominent infrastructure company gained up to 3 percent after the company bagged a prestigious work order from PWD-Rajasthan worth Rs 239.94 crore.
Price movement
With a market capitalization of Rs 7,177.97 crore, the shares of PNC Infratech Ltd were trading at Rs 280.00 per share, increasing around 0.34 percent as compared to the previous closing of Rs 279.05 apiece.
Reason for rise
The shares of PNC Infratech Ltd have seen positive movement after bagging a prestigious work order from PWD-Rajasthan worth Rs 239.94 crore for the Construction of a Flyover from Heeradas Chouraha to Kumher Gate Chouraha in Bharatpur City, Bharatpur.
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Financial Growth
Looking forward to the company’s financial performance, revenue decreased by 28 percent from Rs 2,047 crore in Q3FY24 to Rs 1,470 crore in Q3FY25, Moreover, during the same time frame, net profit declined by 56 percent from Rs 185 crore to Rs 81 crore.
Project updates
PNC Infratech’s subsidiary secured early completion for its HAM project and received in-principle NHAI approvals to divest eight assets. It won Rs 6,670 crore EPC projects in Maharashtra, received Rs 108 crore from Andhra Pradesh, and saw a bidding ban reduced to four months.
Order Book and Future Guidance
As of December 31, 2024, the company’s unexecuted order book exceeds Rs 18,900 crores, with 75 percent from highway and expressway projects. It expects Rs 6,000– Rs 9,000 crores in new orders by FY25-end, targeting a Rs 13,000– Rs 15,000 crore order book, with similar inflows anticipated for FY26.
Margin Guidance
Despite an expected 35 percent revenue increase in FY26 over FY25, the management anticipates maintaining EBITDA margins in the range of 12 percent to 14 percent, reflecting strong operational efficiency and stable profitability as the company scales its order book and project execution capabilities.
Government Initiatives
The government allocated Rs 2.8 lakh crore to MoRTH for FY26, including Rs 1.8 lakh crore for NHAI. With a corridor-based approach and focus on logistics efficiency, AI adoption is rising in infrastructure, led by PNC Infratech’s use of Automated & Intelligent Machine-Aided Construction (AIMC) technology.
Company Snapshot
PNC Infratech Limited is an Indian infrastructure building, development, and management firm. The company’s primary focus is on infrastructure projects such as roads, bridges, flyovers, electricity transmission lines, airport runways, and other infrastructure operations.
Written by Abhishek Singh
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