PNC Infratech Limited Board Approves Financial Results, Recommends Dividend, and Completes Divestments

PNC Infratech Limited Board Approves Financial Results, Recommends Dividend, and Completes Divestments

PNC Infratech Limited Board Approves Financial Results, Recommends Dividend, and Completes Divestments​

PNC Infratech Limited held its Board of Directors meeting on May 19, 2026. During the meeting, the Board considered and took record of the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.

The Board also approved the Annual Report for the Financial Year (F.Y.) 2025-26 and designated Mr. Chakresh Kumar Jain, Managing Director, as the Chief Financial Officer of the Company.

Financial Performance and Audit Opinion​

The Board took on record the audited standalone and consolidated financial results. The statutory auditors, M/s. NSBP & Co., Chartered Accountants, issued an audit report confirming an unmodified opinion on the financial results for the quarter and year ended March 31, 2026.

The consolidated financial results for the quarter and year ended March 31, 2026, highlight the following key figures:

ParticularsQuarterly Figures (In ₹ Lakhs)Full Year Figures (In ₹ Lakhs)
Total Revenue1,67,698.296,16,868.17
Total Profit before Tax and Non-controlling Interests11,630.981,19,157.06
Total Assets14,10,081.C018,05,871.05

Dividend and Auditor Appointments​

The Board of Directors recommended a final dividend of ₹0.60 (Sixty Paise) per equity share at a face value of ₹2/- each for the financial year ended March 31, 2026. This recommendation is subject to the approval of the shareholders at the forthcoming Annual General Meeting (AGM).

Furthermore, the Board made the following appointments for the financial year 2026-27:
  • M/s Sudhir Kumar Jain & Associates, Chartered Accountants, were appointed as the Internal Auditors.
  • M/s Gaurav Jain & Associates, Cost Accountants, were appointed as the Cost Auditors, subject to shareholder ratification of remuneration at the ensuing AGM.

Major Corporate Actions and Divestments​

The company executed several significant transactions during the year. Key actions include:
  • The company, along with its wholly-owned subsidiary IHC Infra Holding Limited, successfully completed the sale of its equity stake in Ellur Road Assets to V*rlir Infrastructure Trust (formerly known as Highways Infrastructure Trust), an Infrastructure Investment Trust sponsored by affiliates of KKR & Co. Inc.
  • The divestment of the 2nd and final stretch of the PNC Chakarkari (Kanratake) Highway, a HAM project, was completed on February 17, 2026, upon fulfillment of stipulated conditions precedent.

Segment and Financial Details​

The company's operations are reported across several segments, including Road, Water, and Utility/Annunity. The segment information, reported on a consolidated basis, shows the following revenue figures:

SegmentQuarterly Revenue (₹ Crores)Full Year Revenue (₹ Crores)
Road12.085.0$41.732.9$
Water3.411.619.253.16
Utility/Annunity8.6*r.S450.4S7.09
Total24.189$r51,35,rrl.28

For the year ended March 31, 2026, the company's consolidated total equity was ₹1,13,694.5$ lakh, while the total liabilities stood at ₹1,05,877.75 lakh.

The company also reported its standalone cash flow from operating activities for the quarter ending March 31, 2026, at ₹1,32,905.5$ lakh, compared to ₹58,166.97 lakh for the previous year.

PNCINFRA Stock Price Movement​

Today, PNC Infratech Limited shares edged higher, settling at ₹214.09, marking a day's gain of 0.92%. The stock completed trading with a total volume of 118,195 shares.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Last edited by a moderator:
Back
Top