Integrated Filing — IndAS



General information about company

Scrip Code 539150
NSE Symbol PNCINFRA
MSEI Symbol NOTLISTED
ISIN INE195J01029
Name of company PNC INFRATECH LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 09-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 09-02-2026   12:30:00
End date and time of board meeting 09-02-2026   15:57:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,20,067.80 3,75,111.87
Other income 3,765.79 10,000.22
Total income 1,23,833.59 3,85,112.09
2 Expenses
(a) Cost of materials consumed 76,094.00 2,27,268.43
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 8,216.70 26,200.64
(e) Finance costs 12,837.67 44,464.02
(f) Depreciation, depletion and amortisation expense 3,007.63 8,690.96
(f) Other Expenses
1 Other Expenses 11,846.51 35,687.90
Total other expenses 11,846.51 35,687.90
Total expenses 1,12,002.51 3,42,311.95
3 Total profit before exceptional items and tax 11,831.08 42,800.14
4 Exceptional items (70.54) 48,385.74
5 Total profit before tax 11,760.54 91,185.88
6 Tax expense
7 Current tax 2,370.97 14,884.20
8 Deferred tax 1,716.39 3,926.93
9 Total tax expenses 4,087.36 18,811.13
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 7,673.18 72,374.75
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 7,673.18 72,374.75
17 Other comprehensive income net of taxes 479.80 682.46
18 Total Comprehensive Income for the period 8,152.98 73,057.21
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 7,675.10 72,392.46
Total profit or loss, attributable to non-controlling interests (1.92) (17.71)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 8,154.90 73,074.92
Total comprehensive income for the period attributable to owners of parent non-controlling interests 1.92 (17.71)
21 Details of equity share capital
Paid-up equity share capital 5,130.78 5,130.78
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.99 28.22
Diluted earnings (loss) per share from continuing operations 2.99 28.22
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.99 28.22
Diluted earnings (loss) per share from continuing and discontinued operations 2.99 28.22
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes: 1. The above consolidated results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on February 09, 2026. 2. The results for the quarter and nine months ended on December 31, 2025 are in compliance with Indian Accounting Standards (Ind-AS) notified by the Ministry of Corporate Affairs, read with SEBI Circular No HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30.01.2026 as amended and in terms of amendments made in SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015. These results have been subjected to limited review by the Statutory Auditors of the Company. 3. Contract Revenue for the nine month period ended on December 31, 2025 includes Rs. Nil (9MFY25 Rs. 51,575.54 Lakhs) towards arbitration claim in pursuance of Settlement Agreement and Rs. Nil (9MFY25 Rs. 5,638.65 Lakhs) towards bonus. 4. The Government of India had notified The Code of Social Security 2020, Occupational Safety, Health and Working Condition Code 2020, Industrial Relation Code 2020 and the Code on Wages 2019 (collectively the Labour code) on November 21, 2025. The Ministry of Labour and Employment publish draft central rules and FAQ’s to enable assessment of the financial impact due to implementation of Labour Code. The company has evaluated the impact of increased Labour benefits/obligations arising from the implementation of Labour code based on actuarial valuation report provided by the Independent valuer and the company has recognised the financial impact on past services cost of gratuity and leave encashment of Rs.70.54 Lakhs in accordance with Ind AS 19-Employee Benefit and disclosed the same as an exceptional item in the financial results for the quarter and nine months ended December 31, 2025. The company is in process of evaluating other potential impact including those relating to the contract workforce, if any, that may arise once the central and state rules in this regards are notified. 5. The group has disclosed infrastructure development including project construction & execution activity as primary segment. Segments have been identified taking into account the nature of work/services, risk, return and organisational structure. The Chief Operating Decision Maker (CODM) identified Road EPC, Water EPC and BOT (HAM, Toll and Annuity) as reportable segments. 6. During the nine months period ended December 31, 2025, the Company, along with its wholly owned subsidiary PNC Infra Holdings Limited (“PNC Infra”), successfully completed the sale of its equity stake in 11 Road Assets out of 12 Road Assets to Vertis Infrastructure Trust (“VIT”) (formerly known as Highways Infrastructure Trust), an Infrastructure Investment Trust sponsored by affiliates of KKR & Co. Inc. The 12th and final asset/SPV, namely PNC Challakere (Karnataka) Highways Private Limited (a HAM Project), is expected to be divested in Q4 FY26, upon the fulfilment of the remaining Conditions Precedent. 7. During the quarter, PNC Renewable Energy Private Limited and PNC RE1 Private Limited, Wholly Owned Subsidiaries of the company having Registration Number U35105UP2025PTC234673 and U35105UP2025PTC240153 have been incorporated on October 13, 2025 and December 31, 2025 respectively. 8. The figures for the quarter ended December 31, 2025 and December 31, 2024 represents the difference between limited reviewed figures for the nine months ended December 31, 2025 and December 31, 2024 and half year ended September 30, 2025 & September 30, 2024 respectively. 9. Figures for the previous periods have been regrouped / rearranged, wherever required necessary. 10. The aforesaid un-audited consolidated financial results will be uploaded on the Company's website www.pncinfratech.com and will also be available on the website of BSE Limited www.bseindia.com and the National Stock Exchange of India Limited www.nseindia.com for the benefit of the shareholders and investors. For PNC Infratech Limited Place: Agra Chakresh Kumar Jain Date: February 09, 2026 Managing Director (DIN: 00086768)



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Road 91,002.94 2,81,384.52
2 Water 14,038.16 37,407.76
3 Toll/Annuity 15,026.70 56,319.59
Total Segment Revenue 1,20,067.80 3,75,111.87
Less: Inter segment revenue 0.00 0.00
Revenue from operations 1,20,067.80 3,75,111.87
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Road 7,753.11 29,647.94
2 Water 2,199.85 5,841.55
3 Toll/Annuity 10,950.00 41,774.45
Total Profit before tax 20,902.96 77,263.94
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income 9,071.88 34,463.80
Profit before tax 11,831.08 42,800.14
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Road 3,86,329.57 3,86,329.57
2 Water 1,92,706.59 1,92,706.59
3 Toll/Annuity 8,31,845.74 8,31,845.74
Total Segment Asset 14,10,881.90 14,10,881.90
Un-allocable Assets 0.00 0.00
Net Segment Asset 14,10,881.90 14,10,881.90
4 Segment Liabilities
Segment Liabilities
1 Road 1,67,355.66 1,67,355.66
2 Water 57,692.66 57,692.66
3 Toll/Annuity 5,15,418.36 5,15,418.36
Total Segment Liabilities 7,40,466.68 7,40,466.68
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 7,40,466.68 7,40,466.68
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) Based on the management approach as defined in lnd AS 108 operating segments, the Management evaluates the company's performance and allocates resources based on analysis of various performance indicators by business segments. Accordingly,information has been presented along these business segments. The accounting principles used in the preparation of the financial statements are consistently applied to record revenue and expenditure in individual segments.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be classified to profit or loss (Net of Taxes) 479.80 682.46
Total Amount of items that will not be reclassified to profit and loss 479.80 682.46
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 479.80 682.46