The shares of the infrastructure solution provider gained up to 11 percent after the company’s net profit and revenue increased by 217 percent and 3 percent YoY, respectively in Q1FY25.
With a market capitalization of Rs 12,434.45 crore, the shares of PNC Infratech (NS:PNCI) Ltd were trading at Rs 484 per share, increasing around 4 percent as compared to the previous closing of Rs 466.40 apiece.
Is PNC Infratech a buy or sell? What is its Fair Value? What are the company's health parameters? What are the positive and negative factors driving the company -- ProTips? Know all the answers on the company's overview page here.
Reason for Rise:-
Today, the company shares have seen bullish movement after PNC Infratech Ltd’s revenue plummeted 16 percent on Quarter on Quarter basis from Rs 2,600 crore in Q4FY24 to Rs 2,168 crore Q1FY25, if we look into the on Year on Year basis revenue magnified significantly by 3 percent from Rs 2,092 crore Q1FY24 to Rs 2,168 crore Q1FY25.
PNC Infratech Ltd’s net profit increased by 45 percent on a quarter-on-quarter basis from Rs. 396 crores in Q4FY24 to Rs 575 in Q1FY25. Further, on a year-on-year basis also net profit magnified drastically by 217 percent from Rs 181 crores in Q1FY24 to Rs. 575 crores in Q1FY25.
Revenue Segment:-
The company generates most of its revenue from road projects, accounting for 69%, followed by water projects at 21%, and toll projects contributing 10%.
Order book & clients:-
As of June 2024, PNC Infratech has a robust order book of Rs 14,100 crore, of which 82 percent of the order book constitutes with Road Highway, Road Expressway, and Canal EPC project. The company executed 88 major infrastructural projects which are spread across 13 states, of which 64 are rod EPC projects currently executing 24 projects.
The company has a strong client base that includes Rites (NS:RITS), MSRDC, NHAI, MPRDC, Uttar Pradesh Power Corporation Ltd, and many more.
Company Profile:-
PNC Infratech Limited is an Indian infrastructure building, development, and management firm. The Company mostly works on infrastructure projects such as roads, bridges, flyovers, electricity transmission lines, and airport runways.
Written by:- Abhishek Singh
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