Pnc Infratech Ltd · NSE:PNCINFRA
Pnc Infratech — Q3 FY26 Earnings Presentation
31 slides from Pnc Infratech's earnings presentation, Feb 10, 2026
Slide 1: Exchange filing cover letter for results presentation
! t.4 PNC lnfratech Limited An ISO 9001 :2015 Certified Company Ref No: PNC/SE/91125-26 Datez 10.2.2026 To, To, The Manager The Manager Listing Department Department of Corporate Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, BandraKurla Complex, Floor 25, P .J. Towers
Slide 2: PNC Infratech Limited Investor Presentation Q3 FY26
PNC Infratech Limited Investor Presentation Q3 FY26
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by PNC Infratech Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securit
Slide 4: Key Highlights & Financials
Key Highlights & Financials
Slide 5: Key Highlights for Q3FY26
Key Highlights for Q3FY26 Revenue EBITDA PAT ◼ Revenue of Rs. 1,056 crore ◼ EBITDA of Rs. 131 crore in ◼ PAT of Rs. 77 crore in in Q3 FY26 Q3FY26 Q3FY26 ◼ PAT Margin of 7.3% in ◼ EBITDA Margin of 12.4% in Q3FY26 Q3FY26 Standalone Financials PNC Infratech Limited 4
Slide 6: Key Highlights for 9M FY26
Key Highlights for 9M FY26 Revenue Profit After Tax Debt to Equity ◼ PAT of Rs. 244 crore ◼ Debt to Equity ratio ◼ Revenue of Rs. ◼ EBITDA of Rs. 408 in 9MFY26 Remaining value of of 0.19 times as on 3,176 crore in crore in 9MFY26 ◼ PAT Margin of 7.7% in contracts under execution 31st December 9MFY26
Slide 7: Orderbook Details
Orderbook Details
Slide 8: Robust Order Book over Rs. 19,300 crores
Robust Order Book over Rs. 19,300 crores ◼ Remaining value of contracts under execution of over Rs. 19,300 crore as on 31st December 2025 Remaining Awarding ◼ The below orders are included in order book as on 31st December 2025 of which appointed date is awaited: Key EPC Projects Under Construction
Slide 9: Diversification in Other Segments
Diversification in Other Segments ◼ Solar Project: Awarding Entity NHPC Limited being the "Intermediary Procurer/Renewable Energy Implementing Agency (REIA)" "Setting up of 300 MW ISTS (Inter State Transmission System) Connected Solar Power Project with 150MW / 600 MWh Energy Nature Of Order Storage
Slide 10: Portfolio of Development Projects on PPP Mode
Portfolio of Development Projects on PPP Mode
Slide 11: Asset Monetization
Asset Monetization ◼ Completion of Sale of Equity Stake in 11 of Company’s Road Assets ✓ As in January 2024, the Company executed definitive agreements with Vertis Infrastructure Trust (formerly known as Highways Infrastructure Trust) to divest 12 of its road assets, comprising of 11 National Highwa
Slide 12: Sizeable Project Portfolio: Operational Projects
Sizeable Project Portfolio: Operational Projects PNC Share of Invested Debt as on 31st % JV Kms / TPC Invested Grant Total Debt Project Authority State / Stretch Type Equity Dec’25 Stake Partners Lanes (Rs. Crs) Amount (Rs. Crs) (Rs. Crs) (Rs. Crs) (Rs. Crs) (Rs. Crs) Gwalior Bhind ** 100% MPRDC MP
Slide 13: Sizeable Project Portfolio: HAM Projects
Sizeable Project Portfolio: HAM Projects PNC Share of Invested Debt / Bond as on % TPC Invested Equity Total Debt Project Authority State / Stretch Kms / Lanes Status Amount 31st Dec’25 Stake (Rs. Crs) (Rs. Crs) (Rs. Crs) (Rs. Crs) (Rs. Crs) Gaju Village- Devinagar (Pkg-1C) 100% NHAI UP/ NH-530B 33.
Slide 14: Annexure – I Summary Financials
Annexure – I Summary Financials
Slide 15: Standalone Profitability Statement – Q3 & 9M
Standalone Profitability Statement – Q3 & 9M Rs. Crores Q3 FY26 Q3 FY25 9M FY26 9M FY25* REVENUE 1,056 1,205 3,176 4,099 EBITDA 131 146 408 873 EBITDA margin 12.4% 12.1% 12.8% 21.3% Other Income 22 16 51 37 Depreciation 26 23 66 68 Financial Expenses 22 22 65 50 Profit Before Tax before Exceptional
Slide 16: Net Working Capital Days - Standalone
Net Working Capital Days - Standalone 157 137 114 113 106 102 99 93 Mar/23 Mar/24 Mar/25 Dec/25 Debtors Net Working Capital PNC Infratech Limited 15
Slide 17: Consolidated Profitability Statement – Q3 & 9M
Consolidated Profitability Statement – Q3 & 9M Rs. Crores Q3 FY26 Q3 FY25 9M FY26 9M FY25* REVENUE 1,201 1,470 3,751 5,065 EBITDA 239 379 860 1,704 EBITDA margin 19.9% 25.8% 22.9% 33.6% Other Income 38 42 100 109 Depreciation 30 74 87 154 Financial Expenses 128 224 445 619 Profit Before Tax before E
Slide 18: Segmental Revenue Break-up
Segmental Revenue Break-up Q3FY25 277 Q3FY26 140 192 19% 150 12% 13% 12% 1,001 910 68% 76% Roads Water Toll/Annuity Roads Water Toll/Annuity 9MFY25* 9MFY26 621 838 374 563 12% 17% 10% 15% 3,606 2,814 71% 75% Roads Water Toll/Annuity Roads Water Toll/Annuity Notes:* Includes Bonus of Rs. 56 crs from
Slide 19: Annexure – II Company Overview
Annexure – II Company Overview
Slide 20: Introduction
Introduction Established track record of timely/early completion of projects • Infrastructure construction, development, and management company; expertise in the execution of projects including highways, bridges, flyovers, airport runways, industrial areas, railways and transmission lines • Executed
Slide 21: Business Overview
Business Overview Coal Mining Roads & Highways EPC OB Removal and Coal Completed 73 infrastructure road projects on EPC basis Extraction Project Roads & Highways BOT / OMT/ HAM Power Transmission Operating 3 BOT projects, comprising both toll & annuity assets; Set up power transmission lines of Tota
Slide 22: Corporate Structure
Corporate Structure PNC Infra Holdings Limited (“PNCIHL”) PNC Renewable Energy Private Limited BOT Holdco for road and other infra projects (“PNCREPL”) Holdco for renewable energy project Kanpur Lucknow Expressway Private Limited (“KLEPL”) MP Highways Private Limited (“MPHPL”) 6 laning of Kanpur Luc
Slide 23: Integrated Business Model
Integrated Business Model In-house Design & Engineering ◼ Controls the entire process from conceptualization to commissioning of a given project which helps in providing customized solutions as per clients’ specific requirements In-house Construction ◼ Ensuring timely completion of projects, reducin
Slide 24: Enhanced Execution Capability
Enhanced Execution Capability Man & Machine added to execute more Strong Credit Rating projects ◼ Strengthening of In-house execution team with ◼ Long term bank facilities “CARE AA+ (Double induction of engineers with strong technical A plus)” knowledge ◼ Short term bank facilities “CARE A1+ (A One
Slide 25: Enhanced to Augment and upgrade the execution
Enhanced to Augment and upgrade the execution Rs. Crores 1,507 1,341 1,330 1,317 1,267 1,273 FY21 FY22 FY23 FY24 FY25 Dec-25 Present Capex will enable us to achieve a Turnover of Rs. 10,000-12,000 crores PNC Infratech Limited 24
Slide 26: Strong Credit Rating
Strong Credit Rating ◼ PNC Challakere (Karnataka) Highways Pvt. Ltd. * ◼ PNC Infratech Ltd. ✓ Long term bank facilities at CARE A+ (RWD) (Placed on Rating Watch with ✓ Long term bank facilities at CARE AA+; Stable (Double A plus; Outlook: Stable) Developing Implications) ✓ Reaffirmed Short term bank
Slide 27: Experienced Promoters
Experienced Promoters Mr. Pradeep Kumar Jain Mr. Naveen Kumar Jain Mr. Chakresh Kumar Jain Mr. Yogesh Jain Chairman & Managing Promoter Managing Director Managing Director Director ◼ Over 42 years of experience in ◼ Over 33 years of experience ◼ Over 32 years of experience in ◼ Over 27 years of expe
Slide 28: Board of Directors
Board of Directors Mr. Pradeep Kumar Jain Mr. Chakresh Kumar Jain Mr. Yogesh Jain Chairman & Managing Director Managing Director Managing Director Mr. Anil Kumar Rao Mr. Talluri Raghupati Rao Whole-time Director Wholetime Director Mr. Krishan Kumar Jalan (IAS) Mr. Gauri Shankar Mr. Subhash Chander K
Slide 29: Clientele
Clientele PNC Infratech Limited 28
Slide 30: Growth Strategy
Growth Strategy Diversification ◼ Leveraging Strong Project Execution track record to diversify into new functional areas of infrastructure development ◼ Expand presence in water supply and irrigation sectors ◼ Diversify into railways and metro rail projects, renewable energy, storage systems, indus
Slide 31: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : PNC Infratech Ltd Strategic Growth Advisors Pvt. Ltd. CIN: L45201DL1999PLC195937 CIN: U74140MH2010PTC204285 Mr. Pankaj Agarwal Mr. Jigar Kavaiya Vice President (F&A) COO – IR Practice +91-9920602034 pankajca@pncinfratec