PNC Infratech Limited

Financial Results - Standalone (Quarter ended June 30, 2026)

Income Statement:

  • Revenue from operations: ₹1,51,820.69 lakhs
  • Other income: ₹4,224.93 lakhs
  • Total Income: ₹1,56,045.62 lakhs

Expenses:

  • Cost of materials consumed/Contract paid: ₹93,236.11 lakhs
  • Employee benefits expense: ₹9,916.96 lakhs
  • Finance costs: ₹2,007.78 lakhs
  • Depreciation and amortization expense: ₹3,259.47 lakhs
  • Other expenses: ₹11,204.42 lakhs
  • Total expenses: ₹1,19,624.74 lakhs

Profitability:

  • Profit before exceptional item and tax: ₹36,420.88 lakhs
  • Exceptional Items: Nil
  • Profit before tax: ₹36,420.88 lakhs

Tax Expense:

  • Current Tax: ₹9,215.85 lakhs
  • Deferred tax charge: ₹142.73 lakhs
  • Total tax expense: ₹9,358.58 lakhs

Net Results:

  • Net Profit after tax: ₹27,062.30 lakhs
  • Other Comprehensive Income: ₹185.98 lakhs
  • Total Comprehensive Income after Tax: ₹27,248.28 lakhs

Capital Structure:

  • Paid-up equity share capital: ₹5,130.78 lakhs (Face value: ₹2 per share)
  • Earnings per share (Basic & Diluted): ₹10.55

Financial Results - Consolidated (Quarter ended June 30, 2026)

Income Statement:

  • Revenue from operations: ₹1,75,952.06 lakhs
  • Other income: ₹12,358.50 lakhs
  • Total Income: ₹1,88,310.56 lakhs

Expenses:

  • Cost of materials consumed/Contract paid: ₹93,738.13 lakhs
  • Employee benefits expense: ₹10,575.28 lakhs
  • Finance Costs: ₹12,358.50 lakhs
  • Depreciation and amortization expense: ₹3,944.83 lakhs
  • Other expenses: ₹12,179.98 lakhs
  • Total expenses: ₹1,32,796.72 lakhs

Profitability:

  • Profit before exceptional item and tax: ₹55,513.84 lakhs
  • Exceptional Items - Income: ₹846.17 lakhs
  • Profit before tax: ₹56,360.01 lakhs

Tax Expense:

  • Current Tax: ₹10,272.65 lakhs
  • Deferred tax credit: ₹(310.60) lakhs
  • Total tax expense: ₹9,962.05 lakhs

Net Results:

  • Net Profit after tax: ₹46,397.96 lakhs
  • Attributable to owners of the Company: ₹46,399.47 lakhs
  • Attributable to non-controlling interest: ₹(1.51) lakhs
  • Other Comprehensive Income: ₹197.03 lakhs
  • Total Comprehensive Income after Tax: ₹46,594.99 lakhs
  • Attributable to owners of the Company: ₹46,596.50 lakhs
  • Attributable to non-controlling interest: ₹(1.51) lakhs

Capital Structure:

  • Paid-up equity share capital: ₹5,130.78 lakhs (Face value: ₹2 per share)
  • Earnings per share (Basic & Diluted): ₹18.08

Segment Information (Consolidated)

Segment Revenue (Quarter ended June 30, 2026):

  • Road: ₹1,38,201.16 lakhs
  • Water: ₹13,662.66 lakhs
  • Toll/Annuity: ₹16,982.14 lakhs
  • Total Segment Revenue: ₹1,68,845.96 lakhs

Segment Results:

  • Road: ₹32,381.76 lakhs
  • Water: ₹1,904.66 lakhs
  • Toll/Annuity: ₹14,121.32 lakhs
  • Total Segment Results: ₹48,407.74 lakhs

Segment Assets:

  • Road: ₹3,78,650.37 lakhs
  • Water: ₹2,07,724.07 lakhs
  • Toll/Annuity: ₹8,66,929.62 lakhs
  • Total Segment Assets: ₹14,53,304.06 lakhs

Segment Liabilities:

  • Road: ₹1,63,500.56 lakhs
  • Water: ₹46,975.66 lakhs
  • Toll/Annuity: ₹5,28,140.88 lakhs
  • Total Segment Liabilities: ₹7,38,617.10 lakhs

Board Meeting Decisions

Auditor Reappointment:

  • Reappointed M/s. NSBP & Company, Chartered Accountants (FRN: 001075N) as Statutory Auditors for two years
  • Term: From conclusion of 27th AGM (2026) until conclusion of 29th AGM (2028)
  • Subject to shareholders' approval

Management Reappointments (subject to shareholder approval):

  • Mr. Pradeep Kumar Jain (DIN: 00086653) as Chairman & Managing Director for 5 years
  • Mr. Chakresh Kumar Jain (DIN: 00086768) as Managing Director for 5 years
  • Mr. Yogesh Jain (DIN: 00086811) as Managing Director for 5 years
  • Mr. Anil Kumar Rao (DIN: 01224525) as Whole Time Director for 5 years

Independent Director Appointments/Reappointments:

  • Mr. Naresh Kumar Jain (DIN: 01281538) reappointed as Independent Director for second term of 5 years from August 10, 2026
  • Ms. Seema Singh (DIN: 10042852) reappointed as Independent Director for second term of 5 years from August 10, 2026
  • Mr. Rohit Kumar Singh (DIN: 06859767) appointed as Additional Non-Executive Independent Director for 5 years from August 8, 2026

Other Appointments:

  • Mr. Deepak Gupta, partner of DR Associates, Company Secretaries (CP No. 4629) appointed as scrutinizer for e-voting process

AGM Details:

  • 27th Annual General Meeting scheduled for September 30, 2026
  • Day and cut-off dates for e-voting, dispatch of AGM notice and dividend to be determined

Key Financial Notes

1. Settlement Agreement Impact: Contract Revenue for Q1 FY26 includes ₹21,765.54 lakhs (PY Q1FY26 Nil) arising from Settlement Agreement under one-time settlement of Agra Bypass EPC Project pursuant to 'Vivad Se Vishwas III' scheme

2. Segment Reporting: Company reports Road EPC, Water EPC and BOT (Toll and Annuity) as reportable segments

3. New Subsidiaries: During the quarter, incorporated two wholly-owned subsidiaries:

  • Mustafabad Biswariya Highway Private Limited (incorporated June 16, 2026)
  • Barabanki Mustafabad Highway Private Limited (incorporated June 17, 2026)

4. Joint Operations: Results include 3 joint operations through PNC-SPSCPL Joint Venture (2 operations) and PNC-SPML Joint Venture (1 operation)

5. Subsidiaries: Consolidated results include 24 subsidiaries/step-down subsidiaries

Shareholding Information

  • Mr. Pradeep Kumar Jain holds 1,53,49,500 Equity Shares
  • Mr. Chakresh Kumar Jain holds 45,14,000 Equity Shares
  • Mr. Yogesh Jain holds 1,67,94,000 Equity Shares
  • Mr. Anil Kumar Rao holds 80,500 Equity Shares