NEW DELHI : PNC Infratech Limited, one of India’s leading infrastructure investment, development, and construction companies, today announced its standalone and consolidated financial results for the fourth quarter and the full financial year ended March 31, 2026. The disclosures showcase steady operational execution across its core infrastructure portfolio, including expressways, highways, water supply, and railway projects.
Consolidated Performance Highlights
For the full financial year ended March 31, 2026 (FY26), PNC Infratech reported a consolidated revenue of ₹5,368 crore. The consolidated Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for FY26 stood at ₹1,137 crore , while the consolidated Profit After Tax (PAT) reached ₹832 crore. This annual consolidated PAT includes a net-of-tax gain of ₹337 crore realized from the monetization of 12 Hybrid Annuity Model (HAM) assets during the fiscal year.
For the fourth quarter of FY26 (Q4 FY26), the company's consolidated revenue was recorded at ₹1,617 crore. Consolidated EBITDA for the quarter stood at ₹277 crore , and consolidated PAT closed at ₹108 crore. The quarterly profit figures incorporate a net-of-tax gain of ₹19 crore derived from the monetization of one HAM asset during Q4 FY26.
Standalone Performance Highlights
On a standalone basis, PNC Infratech clocked an annual revenue of ₹4,633 crore for FY26. Standalone EBITDA for the twelve-month period stood at ₹583 crore , with the standalone PAT coming in at ₹344 crore. The annual standalone profit figures include a gain of ₹5 crore realized on the sale of equity shares in PNC Bareilly Nainital Highways Private Limited.
During the final quarter (Q4 FY26), standalone revenue reached ₹1,458 crore. Standalone EBITDA and PAT for the quarter stood at ₹175 crore and ₹100 crore, respectively.
Comparison with Previous Fiscal Year
The financial metrics for the preceding fiscal year (FY25) included significant one-time inflows. Standalone FY25 revenue (₹5,513 crore) and EBITDA (₹1,049 crore) were supported by a ₹56 crore bonus from the Maharashtra State Road Development Corporation (MSRDC) and an arbitration award of ₹379 crore received from the National Highways Authority of India (NHAI) via two Special Purpose Vehicles (SPVs)—PNC Raebareli Highways Private Limited and PNC Kanpur Highways Limited. On a consolidated basis, the FY25 metrics included the ₹56 crore MSRDC bonus and an arbitration award of ₹516 crore from NHAI across the two SPVs.
PNC Infratech continues to maintain an established track record in providing end-to-end infrastructure solutions under multiple formats, including Engineering, Procurement, and Construction (EPC), Toll, Annuity, and Hybrid Annuity (HAM) systems.
