PNC Infratech Limited has realized Rs. 2,28,90,37,464.00 from the National Highways Authority of India (NHAI) following a one-time settlement of an arbitration award. The amount was received on May 22, 2026, and represents the net value after the deduction of tax at source (TDS). This payment is pursuant to a Settlement Agreement executed on May 12, 2026, between the infrastructure company and the NHAI.

The settlement was reached under the Vivad Se Vishwas III (Contractual Disputes) Scheme of the Government of India. The agreement pertains to the Agra Bypass EPC Project. The total agreed settlement amount payable by the NHAI was Rs. 234,99,03,465.

Dispute Details

The dispute resolution process was facilitated through the Government e-Market Place (GeM) Portal. The table below outlines the key particulars of the settlement and the financial implications for the company.

The company stated that the financial implications of this settlement are positive. The receipt of these funds is expected to bolster the financial position of pnc infratech by recovering dues related to the arbitration award.

PNC Infratech Limited has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors, in its meeting held on May 19, 2026, approved the financial statements and recommended a final dividend for the fiscal year. The company also disclosed that newspaper advertisements pertaining to these results were published in the Financial Express and Jansatta on May 20, 2026.

For the year ended March 31, 2026, the company reported a consolidated net profit of ₹832 crore, an increase from ₹815 crore in the previous year. On a standalone basis, the net profit after tax for the year stood at ₹344 crore, down from ₹706 crore in the corresponding period of the previous year. Total consolidated income for the year was ₹5,368 crore, compared to ₹6,769 crore in FY25.

The Board has recommended a final dividend of 30%, which translates to ₹0.60 per equity share of ₹2 each, for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders at the forthcoming Annual General Meeting. If approved, the payment will be made within thirty days from the conclusion of the AGM.

Q4 Performance Highlights

PNC Infratech delivered a strong quarterly performance, with consolidated net profit rising to ₹108 crore in Q4 compared to ₹75 crore in the same quarter of the previous year. Consolidated revenue from operations for Q4 stood at ₹1,617 crore, compared to ₹1,700 crore in the year-ago period. EBITDA for the quarter was ₹277 crore, while the EBITDA margin expanded to 17.1% from 21.3% in the corresponding quarter of the previous year.

The following table summarises the key Q4 consolidated metrics on a year-on-year basis:

Annual Financial Performance

The company's full-year operational metrics are presented below across both standalone and consolidated bases:

Corporate Developments

During the financial year, PNC Infratech completed the sale of its equity stake in all 12 Road Assets to Vertis Infrastructure Trust. The divestment of the final asset, PNC Challakere (Karnataka) Highways Private Limited, was completed on March 27, 2026. Additionally, the company acquired a 74% equity stake in PW Infratech Private Limited, making it a direct subsidiary effective May 7, 2025. The company also incorporated two wholly owned subsidiaries, PNC Renewable Energy Private Limited and PNC RE1 Private Limited, during the year.

The Board appointed Mr. Chakresh Kumar Jain as the Chief Financial Officer of the company effective May 19, 2026. Additionally, M/s Sudhir Kumar Jain & Associates were appointed as Internal Auditors and M/s Gaurav Jain & Associates as Cost Auditors for the financial year 2026-27.