PNC Infratech cash flow

Latest FY26

Cash from operations: ₹4,593cr−₹56.1 cr in FY25
Capital spending: ₹326cr+835.7% on FY25
Free cash flow: ₹4,267cr−₹90.9 cr in FY25
Cash from financing: −₹4,796cr₹456 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Sep 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	122	195	177	253
	—	582	852	660	470
	—	−37.6	−63.5	−30.2	−22.5
	—	−5.4	−18.2	−4.7	−2.3
	—	0.0	0.0	−0.0	0.0
	—	7.9	4.1	3.2	16.8
	—	−492	−58.9	−55.0	−55.8
	—	99.8	−96.0	−0.6	−284
	—	4,146	−1,137	−1,932	−2,085
	—	0.0	−42.2	−34.2	13.4
	—	−52.1	0.7	−262	−265
	—	0.0	−459	0.0	0.0
	—	286	−316	0.0	0.0
	—	−84.0	−79.2	265	54.2
	—	−1.6	−32.1	86.8	64.0
	—	−763	439	7.8	−368
Cash from operating activities
	861	1,067	1,192	1,249	957
	—	3,808	−812	−1,119	−2,211
	—	4,875	380	130	−1,254
	—	−85.9	−31.2	0.0	0.0
	—	196	404	361	200
	—	4,593	−56.1	−231	−1,454
Cash from investing activities
	—	326	34.8	50.7	63.3
	—	496	5.0	0.0	7.2
	—	0.0	0.0	4.2	0.0
	—	0.0	279	3,273	3,727
	—	572	79.0	3,105	3,868
	—	0.0	0.0	0.0	270
	—	37.6	63.5	30.2	22.5
	—	−846	−94.4	−65.4	−34.0
	—	−66.5	−261	−250	343
Cash from financing activities
	—	1,417	2,033	2,437	2,113
	—	5,663	705	692	621
	—	5.4	4.9	4.6	4.8
	—	582	852	660	470
	—	15.4	15.4	12.8	12.8
	—	51.8	0.0	0.0	0.0
	—	−4,796	456	1,067	1,005
	—	−270	139	586	−106
	—	−270	139	586	−106
	—	—	1,141	1,002	415
Reference items
	1,319	1,137	2,066	2,005	1,600
	22.6%	21.2%	30.5%	23.2%	20.1%
	4,267	4,267	−90.9	−282	−1,517
	—	−508	385	803	—
	₹166.33	₹166.33	−₹3.55	−₹10.99	−₹59.15
	0.81×	—	—	—	—
	—	5.52×	−0.07×	−0.25×	−2.21×
	—	196	404	361	200
	—	582	852	660	470

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

PNCINFRA₹134.05

PNC Infratech Ltd.

· Infrastructure

₹ CrorePeersKNRCON HGINFRA POWERMECH SWSOLAR HCC WELENT DBL ASHOKAMcap ₹3,439 Cr

View

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/09/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	253.3	176.8	194.5	122.1	—
+ Finance Costs	469.9	660.5	851.8	581.7	—
+ Interest Income	-22.5	-30.2	-63.5	-37.6	—
+ Fair Value (Gains) / Losses	-2.3	-4.7	-18.2	-5.4	—
+ Unrealised FX (Gain) / Loss	0.0	-0.0	0.0	0.0	—
+ Other Non-cash Items	16.8	3.2	4.1	7.9	—
+ Other Reconciling Items	-55.8	-55.0	-58.9	-492.3	—
Changes in Working Capital
+ Inventories	-283.6	-0.6	-96.0	99.8	—
+ Trade Receivables — Non-current	-2,085.4	-1,932.4	-1,137.0	4,146.1	—
+ Other Financial Assets — Current	13.4	-34.2	-42.2	0.0	—
+ Other Financial Assets — Non-current	-264.8	-261.8	0.7	-52.1	—
+ Other Current Assets	0.0	0.0	-458.7	0.0	—
+ Other Non-current Assets	0.0	0.0	-316.4	286.0	—
+ Trade Payables — Current	54.2	264.8	-79.2	-84.0	—
+ Other Financial Liabilities — Current	64.0	86.8	-32.1	-1.6	—
+ Other Current Liabilities	-368.4	7.8	439.2	-762.6	—
Cash from Operating Activities
Profit Before Tax (per I/S)	957.5	1,248.7	1,191.6	1,066.6	861.4
+ Total Adjustments (incl. Working Capital)	-2,211.2	-1,119.0	-812.0	3,808.0	—
Cash from Operations (pre-tax)	-1,253.7	129.7	379.5	4,874.6	—
+ Other Inflows / (Outflows) — Operating	0.0	0.0	-31.2	-85.9	—
+ Income Taxes Paid	200.4	360.9	404.4	195.8	—
Cash from Operating Activities	-1,454.1	-231.2	-56.1	4,593.0	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	63.3	50.7	34.8	326.0	—
+ Disp of Fixed Assets	7.2	0.0	5.0	495.6	—
+ Disp of Investment Property	0.0	4.2	0.0	0.0	—
+ Purchase of Investments (Equity / Debt)	3,726.8	3,272.8	278.9	0.0	—
+ Sale of Investments (Equity / Debt)	3,867.6	3,104.8	79.0	571.9	—
+ Loans & Advances Repaid	269.9	0.0	0.0	0.0	—
+ Interest Received — Investing	22.5	30.2	63.5	37.6	—
+ Other Inflows / (Outflows) — Investing	-34.0	-65.4	-94.4	-845.6	—
Cash from Investing Activities	343.1	-249.6	-260.6	-66.5	—
Cash from Financing Activities
+ Proceeds from Borrowings	2,113.3	2,437.3	2,032.8	1,417.2	—
+ Repayment of Borrowings	620.8	692.1	704.7	5,662.6	—
+ Payment of Lease Liabilities	4.8	4.6	4.9	5.4	—
+ Interest Paid	469.9	660.5	851.8	581.7	—
+ Dividends Paid	12.8	12.8	15.4	15.4	—
+ Other Inflows / (Outflows) — Financing	0.0	0.0	0.0	51.8	—
Cash from Financing Activities	1,005.0	1,067.2	456.1	-4,796.2	—
Net Changes in Cash (pre-FX)	-106.1	586.4	139.3	-269.7	—
Net Changes in Cash	-106.1	586.4	139.3	-269.7	—
Closing Cash	415.2	1,001.6	1,141.0	—	—
Reference Items
EBITDA	1,600.0	2,004.5	2,066.1	1,136.7	1,318.6
EBITDA Margin %	20.11	23.17	30.52	21.17	22.62
Free Cash Flow (CFO − Capex)	-1,517.4	-281.9	-90.9	4,267.0	4,267.0
Free Cash Flow to Equity	—	802.8	385.4	-508.4	—
Free Cash Flow per Basic Share	-59.15	-10.99	-3.55	166.33	166.33
Price to Free Cash Flow	—	—	—	—	0.81
Cash Flow to Net Income	-2.21	-0.25	-0.07	5.52	—
Cash Paid for Taxes	200.4	360.9	404.4	195.8	—
Cash Paid for Interest	469.9	660.5	851.8	581.7	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.