PNC Infratech Limited

NSEI:PNCINFRA Stock Report

Market Cap: ₹76.9b

PNC Infratech Valuation

Is PNCINFRA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PNCINFRA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PNCINFRA (₹299.8) is trading above our estimate of fair value (₹173.57)

Significantly Below Fair Value: PNCINFRA is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PNCINFRA?

Key metric: As PNCINFRA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PNCINFRA. This is calculated by dividing PNCINFRA's market cap by their current earnings.
What is PNCINFRA's PE Ratio?
PE Ratio6.2x
Earnings₹12.40b
Market Cap₹76.91b

Price to Earnings Ratio vs Peers

How does PNCINFRA's PE Ratio compare to its peers?

The above table shows the PE ratio for PNCINFRA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.3x
DBL Dilip Buildcon
13.6x15.2%₹63.3b
532942 KNR Constructions
7.9x-33.4%₹88.3b
GMRP&UI GMR Power And Urban Infra
4.4x-25.3%₹73.1b
HGINFRA H.G. Infra Engineering
15.5x12.0%₹78.4b
PNCINFRA PNC Infratech
6.2x-22.4%₹77.6b

Price-To-Earnings vs Peers: PNCINFRA is good value based on its Price-To-Earnings Ratio (6.2x) compared to the peer average (10.3x).

Price to Earnings Ratio vs Industry

How does PNCINFRA's PE Ratio compare vs other companies in the IN Construction Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CCCL Consolidated Construction Consortium
0.9xn/aUS$77.84m
533152 MBL Infrastructures
2.5xn/aUS$65.31m
ATLANTAA Atlantaa
2.5xn/aUS$51.07m
SKIL SKIL Infrastructure
0.1xn/aUS$14.31m
PNCINFRA 6.2xIndustry Avg. 25.2xNo. of Companies24PE01632486480+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PNCINFRA is good value based on its Price-To-Earnings Ratio (6.2x) compared to the Indian Construction industry average (25.2x).

Price to Earnings Ratio vs Fair Ratio

What is PNCINFRA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PNCINFRA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.2x
Fair PE Ratio14.9x

Price-To-Earnings vs Fair Ratio: PNCINFRA is good value based on its Price-To-Earnings Ratio (6.2x) compared to the estimated Fair Price-To-Earnings Ratio (15x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PNCINFRA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹299.80
₹456.13
+52.1%
22.9%₹633.00₹291.00n/a16
Nov ’25₹324.10
₹535.87
+65.3%
11.7%₹633.00₹400.00n/a15
Oct ’25₹449.45
₹562.50
+25.2%
6.6%₹628.00₹510.00n/a16
Sep ’25₹449.65
₹562.50
+25.1%
6.6%₹628.00₹510.00n/a16
Aug ’25₹495.55
₹584.47
+17.9%
11.2%₹669.00₹375.00n/a17
Jul ’25₹479.65
₹576.00
+20.1%
12.6%₹669.00₹375.00n/a17
Jun ’25₹517.90
₹579.07
+11.8%
13.1%₹669.00₹375.00n/a15
May ’25₹448.55
₹497.94
+11.0%
10.0%₹560.00₹375.00n/a16
Apr ’25₹433.65
₹497.94
+14.8%
10.0%₹560.00₹375.00n/a16
Mar ’25₹427.35
₹492.31
+15.2%
9.9%₹560.00₹375.00n/a16
Feb ’25₹439.65
₹432.40
-1.6%
8.6%₹515.00₹375.00n/a15
Jan ’25₹349.80
₹431.29
+23.3%
7.1%₹480.00₹375.00n/a14
Dec ’24₹334.10
₹422.20
+26.4%
7.9%₹480.00₹375.00n/a15
Nov ’24₹323.70
₹427.47
+32.1%
7.1%₹480.00₹375.00₹324.1015
Oct ’24₹365.55
₹425.36
+16.4%
7.6%₹480.00₹375.00₹449.4514
Sep ’24₹331.05
₹420.36
+27.0%
7.6%₹480.00₹375.00₹449.6514
Aug ’24₹352.20
₹422.00
+19.8%
8.4%₹490.00₹375.00₹495.5513
Jul ’24₹327.70
₹422.27
+28.9%
8.1%₹490.00₹375.00₹479.6511
Jun ’24₹311.05
₹411.58
+32.3%
10.0%₹480.00₹319.00₹517.9012
May ’24₹283.40
₹402.00
+41.8%
10.1%₹465.00₹319.00₹448.5512
Apr ’24₹288.90
₹402.00
+39.1%
10.1%₹465.00₹319.00₹433.6512
Mar ’24₹271.50
₹392.62
+44.6%
11.7%₹465.00₹319.00₹427.3513
Feb ’24₹334.40
₹372.36
+11.4%
11.4%₹452.00₹316.00₹439.6514
Jan ’24₹288.35
₹370.31
+28.4%
11.5%₹452.00₹315.00₹349.8016
Dec ’23₹272.40
₹370.33
+36.0%
11.9%₹452.00₹315.00₹334.1015
Nov ’23₹269.40
₹371.53
+37.9%
11.5%₹452.00₹315.00₹323.7015

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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