Reported Earnings • May 31
Full year 2026 earnings released: ₹60.75 loss per share (vs ₹1.65 profit in FY 2025) Full year 2026 results: ₹60.75 loss per share (down from ₹1.65 profit in FY 2025). Revenue: ₹248.4m (down 32% from FY 2025). Net loss: ₹451.1m (down ₹473.3m from profit in FY 2025). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. 공고 • May 26
PBA Infrastructure Limited to Report Q4, 2026 Results on May 30, 2026 PBA Infrastructure Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 30, 2026 Reported Earnings • Feb 16
Third quarter 2026 earnings released Third quarter 2026 results: ₹1.22 loss per share. Revenue: ₹25.1m (down 71% from 3Q 2025). Net loss: ₹9.05m (down ₹10.9m from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. 공고 • Feb 08
PBA Infrastructure Limited to Report Q3, 2026 Results on Feb 14, 2026 PBA Infrastructure Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026 New Risk • Nov 15
New major risk - Revenue and earnings growth Earnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Negative equity (-₹1.4b). Earnings have declined by 15% per year over the past 5 years. Market cap is less than US$10m (₹179.3m market cap, or US$2.02m). Minor Risk Revenue is less than US$5m (₹322m revenue, or US$3.6m). 공고 • Nov 05
PBA Infrastructure Limited to Report Q2, 2026 Results on Nov 13, 2025 PBA Infrastructure Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹15.93, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 21x in the Construction industry in India. Total returns to shareholders of 29% over the past three years. Reported Earnings • Aug 15
First quarter 2026 earnings released First quarter 2026 results: ₹0.26 loss per share. Revenue: ₹71.7m (down 42% from 1Q 2025). Net loss: ₹1.92m (down 288% from profit in 1Q 2025). 공고 • Aug 14
PBA Infrastructure Limited, Annual General Meeting, Sep 27, 2025 PBA Infrastructure Limited, Annual General Meeting, Sep 27, 2025. Buy Or Sell Opportunity • Aug 05
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 38% to ₹13.94. The fair value is estimated to be ₹11.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 70% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹13.64, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 23x in the Construction industry in India. Total returns to shareholders of 4.5% over the past three years. Buy Or Sell Opportunity • Jul 07
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 43% to ₹13.68. The fair value is estimated to be ₹11.38, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 70% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹11.67, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 22x in the Construction industry in India. Total loss to shareholders of 18% over the past three years. New Risk • Jun 04
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₹364m (US$4.2m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.3% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-₹1.1b). Market cap is less than US$10m (₹144.5m market cap, or US$1.68m). Minor Risk Revenue is less than US$5m (₹364m revenue, or US$4.2m). New Risk • May 30
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 0.3% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.3% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-₹1.1b). Market cap is less than US$10m (₹156.5m market cap, or US$1.83m). Minor Risk Profit margins are more than 30% lower than last year (2.7% net profit margin). 공고 • May 22
PBA Infrastructure Limited to Report Q4, 2025 Results on May 28, 2025 PBA Infrastructure Limited announced that they will report Q4, 2025 results on May 28, 2025 New Risk • Apr 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₹1.2b). Earnings have declined by 42% per year over the past 5 years. Market cap is less than US$10m (₹145.1m market cap, or US$1.70m). Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change). Reported Earnings • Feb 08
Third quarter 2025 earnings released Third quarter 2025 results: EPS: ₹0.24. Revenue: ₹90.4m (down 40% from 3Q 2024). Net income: ₹1.81m (down 98% from 3Q 2024). Profit margin: 2.0% (down from 56% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Additional Non-Executive Independent Director Pooja Gandhi was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹15.31, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 28x in the Construction industry in India. Total returns to shareholders of 20% over the past three years. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹15.04, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 26x in the Construction industry in India. Total returns to shareholders of 62% over the past three years. New Risk • Aug 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-₹1.2b). Market cap is less than US$10m (₹273.9m market cap, or US$3.27m). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹16.76, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 29x in the Construction industry in India. Total returns to shareholders of 46% over the past three years. 공고 • Aug 12
PBA Infrastructure Limited, Annual General Meeting, Sep 28, 2024 PBA Infrastructure Limited, Annual General Meeting, Sep 28, 2024, at 12:30 Indian Standard Time. Reported Earnings • Aug 11
First quarter 2025 earnings released First quarter 2025 results: EPS: ₹0.14. Revenue: ₹135.8m (up 66% from 1Q 2024). Net income: ₹1.02m (up ₹6.33m from 1Q 2024). Profit margin: 0.8% (up from net loss in 1Q 2024). Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹1.82 (vs ₹99.61 loss in FY 2023) Full year 2024 results: EPS: ₹1.82 (up from ₹99.61 loss in FY 2023). Revenue: ₹798.0m (up ₹686.5m from FY 2023). Net income: ₹13.5m (up ₹1.36b from FY 2023). Profit margin: 1.7% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. 공고 • May 17
PBA Infrastructure Limited to Report Q4, 2024 Results on May 30, 2024 PBA Infrastructure Limited announced that they will report Q4, 2024 results on May 30, 2024 Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹13.56, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 26x in the Construction industry in India. Total returns to shareholders of 64% over the past year. New Risk • Feb 08
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10% average weekly change). Negative equity (-₹1.2b). Market cap is less than US$10m (₹182.0m market cap, or US$2.19m). New Risk • Nov 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₹1.2b). Earnings have declined by 60% per year over the past 5 years. Market cap is less than US$10m (₹110.7m market cap, or US$1.33m). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Revenue is less than US$5m (₹171m revenue, or US$2.1m). 공고 • Oct 28
PBA Infrastructure Limited to Report Q2, 2024 Results on Nov 08, 2023 PBA Infrastructure Limited announced that they will report Q2, 2024 results on Nov 08, 2023 공고 • Jul 30
PBA Infrastructure Limited, Annual General Meeting, Sep 29, 2023 PBA Infrastructure Limited, Annual General Meeting, Sep 29, 2023, at 12:30 Indian Standard Time. Agenda: To consider executive changes; and to appoint statutory auditor. Reported Earnings • Jul 30
First quarter 2024 earnings released First quarter 2024 results: ₹0.72 loss per share. Net loss: ₹5.31m (loss widened 40% from 1Q 2023). Reported Earnings • Jun 03
Full year 2023 earnings released: ₹99.61 loss per share (vs ₹0.13 loss in FY 2022) Full year 2023 results: ₹99.61 loss per share (further deteriorated from ₹0.13 loss in FY 2022). Net loss: ₹1.34b (loss widened ₹1.34b from FY 2022). 공고 • May 19
PBA Infrastructure Limited to Report Q4, 2023 Results on May 27, 2023 PBA Infrastructure Limited announced that they will report Q4, 2023 results on May 27, 2023 Reported Earnings • Feb 15
Third quarter 2023 earnings released Third quarter 2023 results: Net loss: ₹666.2m (loss widened ₹652.7m from 3Q 2022). 공고 • Feb 02
PBA Infrastructure Limited to Report Q3, 2023 Results on Feb 10, 2023 PBA Infrastructure Limited announced that they will report Q3, 2023 results on Feb 10, 2023 공고 • Nov 03
PBA Infrastructure Limited to Report Q2, 2023 Results on Nov 12, 2022 PBA Infrastructure Limited announced that they will report Q2, 2023 results at 4:00 PM, Indian Standard Time on Nov 12, 2022 Reported Earnings • Aug 19
First quarter 2023 earnings released First quarter 2023 results: ₹0.51 loss per share. Net loss: ₹3.80m (loss widened 12% from 1Q 2022). Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improved over the past week After last week's 18% share price gain to ₹13.97, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 19x in the Construction industry in India. Total returns to shareholders of 201% over the past three years. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues in line with analyst expectations Third quarter 2022 results: Revenue: ₹7.83m (down 89% from 3Q 2021). Net loss: ₹13.5m (down 312% from profit in 3Q 2021). Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improved over the past week After last week's 24% share price gain to ₹16.91, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 21x in the Construction industry in India. Total returns to shareholders of 152% over the past three years. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 20% share price gain to ₹11.89, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 17x in the Construction industry in India. Total returns to shareholders of 60% over the past three years. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹9.78, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 19x in the Construction industry in India. Total returns to shareholders of 41% over the past three years. Executive Departure • Sep 02
Whole Time Director Munish Wadhawan has left the company On the 31st of August, Munish Wadhawan's tenure as Whole Time Director ended. We don't have any record of a personal shareholding under Munish's name. Munish is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.38 years. Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹11.00, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 18x in the Construction industry in India. Total returns to shareholders of 26% over the past three years.