News: PNC Infratech has been declared as L-1 bidder in a project namely "Construction of Flyover from Heeradas Chouraha to Kumher Gate Chouraha in Bharatpur City, Bharatpur on EPC Mode. The project has been awarded by PWD Rajasthan for a quoted price of ₹ 239.94 Crore. The completion period for the same is 24 months.
View: The company’s order book as of Q3 FY25 stood at ₹18900 crore ~2.9x book to bill. The company expects accelerated awarding activity from MoRTH and NHAI, given that it had been cleared to participate in bidding process of MoRTH/NHAI from 18 February 2025. For FY26, it expects order inflows of ₹13000-15000 crore which should boost growth visibility ahead.
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