Latest news with #PNCInfratech
Hans India
4 days ago
- Business
- Hans India
PNC Infratech's profit tanks 80 pc to Rs 75.43 crore in Q4
Mumbai: Infrastructure company PNC Infratech on Friday announced its fourth quarter results for FY25, where the profit nosedived 80.94 per cent (year-on-year) to Rs 75.43 crore, from Rs 395.89 crore in the same period of previous fiscal. The company's profit declined by 7.2 per cent on a quarterly basis. In the December quarter, the company had a profit of Rs 81.35 crore. In an exchange filing, PNC Infratech said its profit for the entire FY25 stood at Rs 815.41 crore, which is 10.33 per cent less than Rs 909.42 crore in FY24. The total expenditure of the company stood at Rs 1,615.63 crore in the March quarter of FY25, down 22.74 per cent against Rs 2,091.24 crore in the same period of previous financial year. On a quarterly basis, the company's expenditure increased by about 16 per cent, which was at Rs 1,388.65 crore in the December quarter. The total expenditure of the company in the entire FY25 came down by 23 per cent year-on-year to Rs 5,748.90 crore, which was Rs 7,482.63 crore in FY24. The company's income from operations stood at Rs 1,704.10 crore in the March quarter of FY 25, declining by 34 per cent against the total income of Rs 2,600.14 crore in the same period of FY24. However, there was an increase of about 16 per cent in income from operations on a quarterly basis. The company's total income in the December quarter came at Rs 1,470 crore. The company's total income in the March quarter of FY25 was Rs 1,766.63 crore. This is a decrease of 32 per cent compared to the total income of Rs 2,624.15 crore in the same period of FY24. However, there was an increase of about 16 per cent in the total income on a quarterly basis. The company's total income in the December quarter was Rs 1,512.19 crore. The company's total income for the entire FY25 came down by about 21 per cent year-on-year to Rs 6,940.46 crore, as against Rs 8,731.38 crore in the entire FY24.
Business Upturn
4 days ago
- Business
- Business Upturn
PNC Infratech shares drop over 3% as Q4 EBITDA falls 51% YoY to Rs 362 crore
Shares of PNC Infratech declined by over 3% following the release of its financial results for the fourth quarter ended March 2025. As of 2:26 PM, the shares were trading 2.68% lower at Rs 294.60. For the March quarter, PNC Infratech's net profit fell sharply to ₹75.50 crore, marking an 81% year-on-year decline from ₹395.90 crore recorded in the same period last year. Revenue from operations also registered a notable decrease, coming in at ₹1,704 crore—a 34.5% fall compared to ₹2,600 crore in the previous year's corresponding quarter. The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at ₹362 crore, down 51% from ₹736 crore reported in the same quarter last year. Additionally, the EBITDA margin contracted to 21.26%, from 28.32% a year ago, highlighting pressure on operational efficiency. PNC Infratech shares opened at ₹302.80, and, at the time of writing, reached a high of ₹304.95, and fell to a low of ₹290.05 during today's trade. The stock remains well below its 52-week high of ₹556.95, though above its 52-week low of ₹240.00. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
6 days ago
- Business
- Time of India
PNC Infratech has executed over 90 major infra projects: CMD Pradeep Kumar Jain
PNC Infratech has executed over 90 major infrastructure projects in the country including roads, highways, expressways and bridges, the company's CMD Pradeep Kumar Jain said. Jain shared the update on projects in a letter to stakeholders on the occasion of completing 10 successful years since its listing on stock exchanges. Jain said till now, the company has executed over 90 major infrastructure projects spread across 13 states, including roads, highways, expressways, bridges, flyovers, airport runways and other pavements and industrial area development projects. In the period from FY 2015 to FY 2024, the revenue has grown from Rs 1,561 crore to Rs 7,699 crore, at a CAGR of 19.4 per cent. On the profitability front, the company's EBITDA has grown from Rs 217 crore to Rs 1,277 crore a CAGR of 21.8 per cent, and profit after tax has grown from Rs 100 crore to Rs 850 crore at CAGR of 26.8 per cent (in the period from FY 2015 to FY 2024). Live Events On May 23, PNC Infratech announced it has completed the stake sale in 10 of the company's road assets to Highways Infrastructure Trust (HIT). Highways Infrastructure Trust (HIT) is an Infrastructure Investment Trust (InvIT), whose sponsor is affiliated with funds, vehicles. This divestment is aligned with the company's strategic objective of recycling the capital invested in operating road assets and reinvesting the capital in fund-based opportunities in the infrastructure space, it added. In January 2024, it executed definitive agreements with HIT to divest 12 of its road assets, comprising 11 National Highway (NH) Hybrid Annuity Model (HAM) assets and 1 State Highway BOT Toll asset with approximately 3,800 lane-km aggregate length, located in Uttar Pradesh, Madhya Pradesh, Karnataka, and Rajasthan, in two tranches.
Economic Times
14-05-2025
- Business
- Economic Times
Infrastructure Sector: A Promising Horizon for Investors
India's infrastructure sector is currently experiencing a positive trajectory, marked by a notable annual growth rate. Recent strategic agreements between India and the UAE aim to enhance bilateral trade and investment, which is expected to further bolster the sector's growth. The introduction of the India-UAE Virtual Trade Corridor and the collaboration on critical mineral exploration are pivotal steps in streamlining trade processes and reducing logistical costs. These initiatives are part of the broader India-Middle East-Europe Economic Corridor framework, which seeks to redefine global connectivity and infrastructure development. ADVERTISEMENT The sector's performance over the past year has been commendable, showcasing resilience and an upward trend. The potential for upside in this sector is significant, with estimates suggesting a maximum upside of 51% and a minimum of 32%. This optimistic outlook is supported by the UAE's commitment to invest USD 75 billion in India's infrastructure, reflecting a strong long-term economic collaboration. As the sector continues to evolve, it is crucial to monitor the performance of key players within it. The following table highlights the top companies recommended by analysts based on their potential upside, showcasing the promising opportunities available for investors. Company Name Current Price Recommendation Upside Potential Target Price PNC Infratech Rs. 260 Buy 51% Rs. 392 HG Infra Engineering Rs. 1152.5 Strong Buy 49% Rs. 1680 IRB Infrastructure Developers Rs. 49.27 Buy 39% Rs. 66.20 Ashoka Buildcon Rs. 194.13 Buy 35% Rs. 256 KNR Constructions Rs. 226.35 Hold 32% Rs. 292 PNC Infratech Limited is an India-based infrastructure construction, development, and management company primarily engaged in highways, bridges, and other infrastructure activities. The company offers end-to-end solutions, including engineering, procurement, and construction services. Analysts recommend a 'Buy' rating for PNC Infratech, with a target price of Rs. 392, indicating a potential upside of 51%. Despite a decline in returns over the past year, the company's sales growth of 8.72% reflects its ongoing projects and market presence. ADVERTISEMENT H.G. Infra Engineering Limited specializes in executing infrastructure projects, focusing on roads, highways, and bridges. The company has a strong track record in civil construction and is well-positioned for future growth. Analysts have given it a 'Strong Buy' recommendation, with a target price of Rs. 1680, suggesting a potential upside of 49%. The company reported a sales growth of 16.37% in the latest quarter, showcasing its operational efficiency and market Infrastructure Developers Ltd. is a leading player in the roads and highways sector, known for its integrated project execution capabilities. The company is involved in various infrastructure projects, including BOT and toll operations. Analysts recommend a 'Buy' rating with a target price of Rs. 66.20, indicating a potential upside of 39%. The significant year-on-year PAT growth of 3115.25% highlights the company's strong recovery and operational performance. ADVERTISEMENT Ashoka Buildcon Limited is engaged in highway development and offers services in engineering, procurement, and construction. The company has a diverse portfolio, including BOT and hybrid annuity projects. Analysts recommend a 'Buy' rating with a target price of Rs. 256, indicating a potential upside of 35%. The company has shown impressive PAT growth of 509.99% year-on-year, reflecting its strong operational performance and market Constructions Limited focuses on infrastructure development, including roads, bridges, and irrigation projects. The company provides EPC services across various sectors. Analysts have rated it as a 'Hold' with a target price of Rs. 292, suggesting a potential upside of 32%. Despite a decline in returns over the past year, the company reported a PAT growth of 78.05%, indicating its resilience in a competitive market. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
14-05-2025
- Business
- Time of India
Infrastructure Sector: A Promising Horizon for Investors
Sector Performance and Outlook India's infrastructure sector is currently experiencing a positive trajectory, marked by a notable annual growth rate. Recent strategic agreements between India and the UAE aim to enhance bilateral trade and investment, which is expected to further bolster the sector's growth. The introduction of the India-UAE Virtual Trade Corridor and the collaboration on critical mineral exploration are pivotal steps in streamlining trade processes and reducing logistical costs. These initiatives are part of the broader India-Middle East-Europe Economic Corridor framework, which seeks to redefine global connectivity and infrastructure development. The sector's performance over the past year has been commendable, showcasing resilience and an upward trend. The potential for upside in this sector is significant, with estimates suggesting a maximum upside of 51% and a minimum of 32%. This optimistic outlook is supported by the UAE's commitment to invest USD 75 billion in India's infrastructure, reflecting a strong long-term economic collaboration. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Discover the 18 Most Jaw-Dropping Luxury Hotel Pools Around the World! Learn More Undo As the sector continues to evolve, it is crucial to monitor the performance of key players within it. The following table highlights the top companies recommended by analysts based on their potential upside, showcasing the promising opportunities available for investors. Top Companies Analysts Recommend Based on Upside Potential Company Name Current Price Recommendation Upside Potential Target Price PNC Infratech Rs. 260 Buy 51% Rs. 392 HG Infra Engineering Rs. 1152.5 Strong Buy 49% Rs. 1680 IRB Infrastructure Developers Rs. 49.27 Buy 39% Rs. 66.20 Ashoka Buildcon Rs. 194.13 Buy 35% Rs. 256 KNR Constructions Rs. 226.35 Hold 32% Rs. 292 About Companies Live Events PNC Infratech PNC Infratech Limited is an India-based infrastructure construction, development, and management company primarily engaged in highways, bridges, and other infrastructure activities. The company offers end-to-end solutions, including engineering, procurement, and construction services. Analysts recommend a 'Buy' rating for PNC Infratech, with a target price of Rs. 392, indicating a potential upside of 51%. Despite a decline in returns over the past year, the company's sales growth of 8.72% reflects its ongoing projects and market presence. HG Infra Engineering H.G. Infra Engineering Limited specializes in executing infrastructure projects, focusing on roads, highways, and bridges. The company has a strong track record in civil construction and is well-positioned for future growth. Analysts have given it a 'Strong Buy' recommendation, with a target price of Rs. 1680, suggesting a potential upside of 49%. The company reported a sales growth of 16.37% in the latest quarter, showcasing its operational efficiency and market demand. IRB Infrastructure Developers IRB Infrastructure Developers Ltd. is a leading player in the roads and highways sector, known for its integrated project execution capabilities. The company is involved in various infrastructure projects, including BOT and toll operations. Analysts recommend a 'Buy' rating with a target price of Rs. 66.20, indicating a potential upside of 39%. The significant year-on-year PAT growth of 3115.25% highlights the company's strong recovery and operational performance. Ashoka Buildcon Ashoka Buildcon Limited is engaged in highway development and offers services in engineering, procurement, and construction. The company has a diverse portfolio, including BOT and hybrid annuity projects. Analysts recommend a 'Buy' rating with a target price of Rs. 256, indicating a potential upside of 35%. The company has shown impressive PAT growth of 509.99% year-on-year, reflecting its strong operational performance and market positioning. KNR Constructions KNR Constructions Limited focuses on infrastructure development, including roads, bridges, and irrigation projects. The company provides EPC services across various sectors. Analysts have rated it as a 'Hold' with a target price of Rs. 292, suggesting a potential upside of 32%. Despite a decline in returns over the past year, the company reported a PAT growth of 78.05%, indicating its resilience in a competitive market.
