PNC Infratech Q4 Review - Ramp-Up In Execution: Geojit

Workers prepare to move a concrete barrier block with a crane at the site. (Photographer: Atul Loke/Bloomberg).

PNC Infratech Q4 Review - Ramp-Up In Execution: Geojit

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Geojit Research Report

PNC Infratech Ltd. is an Infrastructure construction, development and management company; expertise in execution of projects including highways, bridges, flyovers, airport runways, industrial areas and transmission lines.

The company reported a strong revenue growth of 42% YoY in Q4 FY21 (better than estimate) as project execution improved due to normalcy in operation post Covid-19.

Order book (including level-one) remains healthy at Rs 16,000 crore which is 3.3 times FY21 revenue, provides revenue visibility for two to three years.

Ebitda margin improved by 63 basis points to 14.1% aided by higher execution and lower employee cost (as a % of revenue).

Click on the attachment to read the full report:

Geojit PNC Infratech Q4FY21 Result Update.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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