PNC Infratech Limited (PNCINFRA) - Net Assets
Based on the latest financial reports, PNC Infratech Limited (PNCINFRA) has net assets worth Rs68.13 Billion INR (≈ $736.80 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs138.58 Billion ≈ $1.50 Billion USD) and total liabilities (Rs70.45 Billion ≈ $761.91 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how strategically is PNC Infratech Limited's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs68.13 Billion |
| % of Total Assets | 49.16% |
| Annual Growth Rate | 24.95% |
| 5-Year Change | 87.8% |
| 10-Year Change | 366.31% |
| Growth Volatility | 27.11 |
PNC Infratech Limited - Net Assets Trend (2010–2026)
This chart illustrates how PNC Infratech Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see PNCINFRA market cap.
Annual Net Assets for PNC Infratech Limited (2010–2026)
The table below shows the annual net assets of PNC Infratech Limited from 2010 to 2026. Also explore PNCINFRA net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs68.13 Billion ≈ $736.80 Million |
+13.76% |
| 2025-03-31 | Rs59.89 Billion ≈ $647.68 Million |
+15.51% |
| 2024-03-31 | Rs51.85 Billion ≈ $560.72 Million |
+21.00% |
| 2023-03-31 | Rs42.85 Billion ≈ $463.41 Million |
+18.11% |
| 2022-03-31 | Rs36.28 Billion ≈ $392.34 Million |
+18.84% |
| 2021-03-31 | Rs30.53 Billion ≈ $330.14 Million |
+19.51% |
| 2020-03-31 | Rs25.54 Billion ≈ $276.23 Million |
+26.17% |
| 2019-03-31 | Rs20.24 Billion ≈ $218.93 Million |
+19.88% |
| 2018-03-31 | Rs16.89 Billion ≈ $182.63 Million |
+15.58% |
| 2017-03-31 | Rs14.61 Billion ≈ $158.01 Million |
+11.55% |
| 2016-03-31 | Rs13.10 Billion ≈ $141.65 Million |
+76.66% |
| 2015-03-31 | Rs7.41 Billion ≈ $80.18 Million |
+4.46% |
| 2014-03-31 | Rs7.10 Billion ≈ $76.76 Million |
+20.71% |
| 2013-03-31 | Rs5.88 Billion ≈ $63.59 Million |
+19.35% |
| 2012-03-31 | Rs4.93 Billion ≈ $53.28 Million |
+18.95% |
| 2011-03-31 | Rs4.14 Billion ≈ $44.79 Million |
+114.53% |
| 2010-03-31 | Rs1.93 Billion ≈ $20.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PNC Infratech Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5223.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs61.70 Billion | 90.56% |
| Common Stock | Rs513.08 Million | 0.75% |
| Other Comprehensive Income | Rs12.90 Million | 0.02% |
| Other Components | Rs5.90 Billion | 8.66% |
| Total Equity | Rs68.13 Billion | 100.00% |
PNC Infratech Limited Competitors by Market Cap
The table below lists competitors of PNC Infratech Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Railway Prefabricated Construction Co Ltd
SHE:300374
|
$387.56 Million |
|
Cub Elecparts Inc
TW:2231
|
$387.57 Million |
|
Banyan Gold Corp
V:BYN
|
$387.68 Million |
|
Wonderful Hi-Tech Co Ltd
TWO:6190
|
$387.73 Million |
|
Zhongfu Information Inc
SHE:300659
|
$387.13 Million |
|
Hangzhou Innover Technology Co Ltd
SHE:002767
|
$386.97 Million |
|
Firan Technology Group Corporation
TO:FTG
|
$386.96 Million |
|
Fujian Cement Inc
SHG:600802
|
$386.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PNC Infratech Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 59,890,400,000 to 68,133,039,000, a change of 8,242,639,000 (13.8%).
- Net income of 8,317,737,000 contributed positively to equity growth.
- Dividend payments of 153,923,000 reduced retained earnings.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs8.32 Billion | +12.21% |
| Dividends Paid | Rs153.92 Million | -0.23% |
| Other Changes | Rs78.83 Million | +0.12% |
| Total Change | Rs- | 13.76% |
Book Value vs Market Value Analysis
This analysis compares PNC Infratech Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.53x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 18.54x to 0.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-03-31 | Rs7.53 | Rs139.55 | x |
| 2011-03-31 | Rs16.14 | Rs139.55 | x |
| 2012-03-31 | Rs19.20 | Rs139.55 | x |
| 2013-03-31 | Rs29.54 | Rs139.55 | x |
| 2014-03-31 | Rs35.66 | Rs139.55 | x |
| 2015-03-31 | Rs28.90 | Rs139.55 | x |
| 2016-03-31 | Rs51.05 | Rs139.55 | x |
| 2017-03-31 | Rs56.95 | Rs139.55 | x |
| 2018-03-31 | Rs65.83 | Rs139.55 | x |
| 2019-03-31 | Rs78.91 | Rs139.55 | x |
| 2020-03-31 | Rs99.57 | Rs139.55 | x |
| 2021-03-31 | Rs119.01 | Rs139.55 | x |
| 2022-03-31 | Rs141.42 | Rs139.55 | x |
| 2023-03-31 | Rs167.03 | Rs139.55 | x |
| 2024-03-31 | Rs202.11 | Rs139.55 | x |
| 2025-03-31 | Rs233.36 | Rs139.55 | x |
| 2026-03-31 | Rs265.56 | Rs139.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PNC Infratech Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.21%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.49%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 2.03x
- Recent ROE (12.21%) is below the historical average (15.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 22.98% | 6.00% | 1.87x | 2.05x | Rs250.51 Million |
| 2011 | 17.17% | 6.34% | 1.89x | 1.44x | Rs296.91 Million |
| 2012 | 15.91% | 6.29% | 1.19x | 2.12x | Rs291.12 Million |
| 2013 | 12.69% | 5.72% | 0.92x | 2.42x | Rs158.41 Million |
| 2014 | 7.77% | 4.06% | 0.67x | 2.85x | Rs-157.94 Million |
| 2015 | 12.31% | 5.05% | 0.43x | 5.72x | Rs171.47 Million |
| 2016 | 16.50% | 9.19% | 0.65x | 2.74x | Rs851.30 Million |
| 2017 | 8.10% | 5.63% | 0.40x | 3.61x | Rs-278.25 Million |
| 2018 | 14.39% | 10.47% | 0.39x | 3.49x | Rs741.36 Million |
| 2019 | 17.36% | 9.78% | 0.50x | 3.58x | Rs1.49 Billion |
| 2020 | 21.53% | 10.20% | 0.63x | 3.32x | Rs2.94 Billion |
| 2021 | 16.29% | 8.91% | 0.58x | 3.14x | Rs1.92 Billion |
| 2022 | 15.99% | 8.26% | 0.66x | 2.93x | Rs2.17 Billion |
| 2023 | 15.37% | 8.28% | 0.63x | 2.95x | Rs2.30 Billion |
| 2024 | 17.54% | 10.51% | 0.55x | 3.01x | Rs3.91 Billion |
| 2025 | 13.62% | 12.05% | 0.37x | 3.02x | Rs2.17 Billion |
| 2026 | 12.21% | 15.49% | 0.39x | 2.03x | Rs1.50 Billion |
Industry Comparison
This section compares PNC Infratech Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $6,958,852,700
- Average return on equity (ROE) among peers: -30.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PNC Infratech Limited (PNCINFRA) | Rs68.13 Billion | 22.98% | 1.03x | $387.16 Million |
| A2Z Infra Engineering Limited (A2ZINFRA) | $287.33 Million | -427.80% | 33.48x | $28.59 Million |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $27.03 Billion | 13.18% | 3.80x | $1.06 Billion |
| Akash Infra-Projects Limited (AKASH) | $823.15 Million | 2.82% | 0.82x | $4.42 Million |
| Ashoka Buildcon Limited (ASHOKA) | $13.29 Billion | 6.33% | 8.36x | $330.31 Million |
| AXISCADES Technologies Limited (AXISCADES) | $6.56 Billion | 11.43% | 0.72x | $851.70 Million |
| Capacit'e Infraprojects Limited (CAPACITE) | $15.17 Billion | 7.93% | 1.08x | $176.34 Million |
| Consolidated Construction Consortium Limited (CCCL) | $-2.91 Billion | 0.00% | 0.00x | $66.14 Million |
| Ceigall India (CEIGALL) | $5.93 Billion | 28.20% | 2.08x | $734.74 Million |
| Dilip Buildcon Limited (DBL) | $2.95 Billion | 36.68% | 3.77x | $717.38 Million |
| Dhruv Consultancy Services Limited (DHRUV) | $458.31 Million | 12.56% | 0.85x | $4.45 Million |
About PNC Infratech Limited
PNC Infratech Limited, together with its subsidiaries, engages in the investment, development, construction, operation, and management of infrastructure projects in India. The company undertakes various infrastructure projects, including roads, highways, bridges, flyovers, power transmission lines, airport runways and pavements, rural drinking water supply, irrigation, industrial area development… Read more