--- title: "P B A Infrastructure Ltd (PBAINFRA) — Share Price, Financials & Analysis" symbol: "PBAINFRA" company: "P B A Infrastructure Ltd" canonical: "https://tapetide.com/stocks/PBAINFRA" bse_code: "532676" sector: "Industrials" industry: "Construction" generated_at: "2026-09-13T19:26:09.405Z" --- # P B A Infrastructure Ltd (PBAINFRA) Canonical page: https://tapetide.com/stocks/PBAINFRA ## Company - **BSE Code:** 532676 - **Sector:** Industrials - **Industry:** Construction - **Macro Sector:** Industrials - **Face Value:** ₹10 - **F&O Eligible:** No - **Website:** pbainfra.com; www.pbail.com ## About Incorporated in 1974, PBA Infrastructure Ltd is in the business of Construction & Engineering[1] ## Latest Price ## Key Insights ### Weaknesses - Company has low interest coverage ratio. - Contingent liabilities of Rs.97.8 Cr. - Promoters have pledged 64.5% of their holding. ## Growth Rates | Metric | 1Y | 3Y | 5Y | | --- | --- | --- | --- | | net income growth | — | 11% | — | | revenue growth | -47% | 28% | 4% | ## Financial Statements ### Quarterly Results All figures in ₹ crore unless the row name says otherwise. | Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 17.22 | 15.13 | 19.95 | 12.45 | 6.35 | 8.63 | 9.02 | 6.86 | 8.66 | 2.23 | 5.6 | 0 | | Expenses | 18.38 | 11.64 | 23.61 | 12.31 | 7.14 | 7.63 | 13.01 | 6.43 | 10.69 | 3.07 | 58.68 | 0.49 | | Operating Profit | -1.16 | 3.49 | -3.66 | 0.14 | -0.79 | 1 | -3.99 | 0.43 | -2.03 | -0.84 | -53.08 | -0.49 | | OPM % | -6.74 | 23.07 | -18.35 | 1.12 | -12.44 | 11.59 | -44.24 | 6.27 | -23.44 | -37.67 | -947.86 | — | | Other Income | 0.76 | 15.29 | -8.86 | 1.13 | 0.65 | 0.41 | 7.24 | 0.31 | -19.8 | 0.28 | 0.62 | 0.39 | | Interest | 0 | 0 | 0 | 0 | 0.09 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Depreciation | 1.09 | 1.09 | 1.09 | 1.09 | 1.09 | 1.09 | 1.09 | 1.09 | 1.09 | 1.09 | 1.09 | 1.09 | | Profit before tax | -1.49 | 17.69 | -13.61 | 0.18 | -1.32 | 0.32 | 2.16 | -0.35 | -22.92 | -1.65 | -53.55 | -1.19 | | Tax % | 0 | 12.15 | -6.02 | 0 | 0 | 0 | -39.81 | 0 | 0 | 0 | 6.67 | 0 | | Net Profit | -1.49 | 15.54 | -12.79 | 0.19 | -1.32 | 0.33 | 3.02 | -0.35 | -22.91 | -1.65 | -57.12 | -1.18 | | EPS in Rs | -1.1 | 11.51 | -9.47 | 0.14 | -0.98 | 0.24 | 2.24 | -0.26 | -16.97 | -1.22 | -42.31 | -0.87 | ### Profit & Loss All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 113 | 85 | 44 | 19 | 1 | 11 | 60 | 36 | 23 | 16 | | Expenses | 108 | 83 | 44 | 15 | 26 | 101 | 62 | 40 | 79 | 73 | | Operating Profit | 5 | 2 | 0 | 4 | -25 | -90 | -1 | -3 | -56 | -56 | | OPM % | 4 | 2.6 | 0.9 | 20 | -2079 | -805 | -2.2 | -9 | -238 | -342 | | Other Income | 6 | 12 | 6 | 3 | 32 | -34 | 7 | 9 | -19 | -19 | | Interest | 47 | 3 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | | Depreciation | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | | Profit before tax | -42 | 7 | 1 | 1 | 2 | -128 | 2 | 1 | -78 | -79 | | Tax % | -2 | 9 | -272 | -40 | 107 | 5 | -50 | -63 | 5 | — | | Net Profit | -41 | 6 | 3 | 2 | 0 | -134 | 2 | 2 | -82 | -83 | | EPS in Rs | -30.22 | 4.58 | 2.54 | 1.27 | -0.13 | -99.61 | 1.81 | 1.64 | -60.75 | -61.37 | | Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | ### Balance Sheet All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | | Reserves | 30 | -10 | -3 | 0 | 2 | 2 | -133 | -130 | -128 | -210 | | Borrowings | 386 | 448 | 437 | 438 | 431 | 402 | 402 | 406 | 405 | 405 | | Other Liabilities | 91 | 82 | 45 | 44 | 35 | 35 | 35 | 38 | 41 | 36 | | Total Liabilities | 520 | 533 | 492 | 495 | 481 | 452 | 318 | 327 | 331 | 244 | | Fixed Assets | 59 | 54 | 49 | 44 | 39 | 35 | 29 | 23 | 18 | 14 | | CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Investments | 16 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | | Other Assets | 446 | 451 | 415 | 422 | 412 | 389 | 260 | 275 | 284 | 201 | | Total Assets | 520 | 533 | 492 | 495 | 481 | 452 | 318 | 327 | 331 | 244 | ### Cash Flow All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Cash from Operating Activity | 16 | -4 | 4 | 1 | 8 | 24 | -2 | -14 | 1 | -2 | | Cash from Investing Activity | 10 | -11 | 12 | -2 | 1 | 8 | 2 | 11 | 1 | 0 | | Cash from Financing Activity | -26 | 15 | -14 | 1 | -8 | -29 | 0 | 5 | -1 | 0 | | Net Cash Flow | 1 | 0 | 2 | 0 | 0 | 3 | 0 | 2 | 1 | -2 | | Free Cash Flow | 19 | -4 | 3 | 1 | 8 | 25 | -2 | 4 | 2 | -2 | | CFO/OP | 167 | -56 | 300 | 303 | 208 | -97 | 10 | 870 | -94 | 3 | ### Ratios | Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Debtor Days | 434 | 321 | 137 | 121 | 29 | 489 | 151 | 15 | 48 | 3 | | Inventory Days | — | — | — | — | 55319 | 13238 | 319 | 2362 | 6703 | 155 | | Days Payable | — | — | — | — | 3453 | 972 | 49 | 545 | 2053 | 119 | | Cash Conversion Cycle | 434 | 321 | 137 | 121 | 51896 | 12755 | 422 | 1832 | 4698 | 39 | | Working Capital Days | -599 | -741 | -930 | -1892 | -4259 | -60206 | -9161 | -1742 | -3005 | -5603 | | ROCE % | 2 | 1 | 2 | 0 | 0 | -5 | -26 | -1 | 1 | -23 | ## Shareholding Pattern ### annual | Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 54.91% | 54.7% | 54.7% | 54.7% | 54.7% | 54.7% | 54.7% | 54.7% | 54.7% | 54.7% | 54.7% | | FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.07% | 1.11% | 1.11% | | Public | 45.09% | 45.3% | 45.3% | 45.3% | 45.3% | 45.3% | 45.31% | 45.3% | 45.23% | 44.19% | 44.2% | | No. of Shareholders | 12853 | 12140 | 11540 | 11637 | 11633 | 12370 | 11943 | 11381 | 11253 | 10741 | 10656 | ### Quarterly | Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 54.7% | 54.7% | 54.7% | 54.7% | 54.7% | 54.7% | 54.7% | 54.7% | 54.7% | 54.7% | 54.7% | 54.7% | | FIIs | 0% | 0% | 0% | 0% | 0% | 0.07% | 0.07% | 0.74% | 1.11% | 1.11% | 1.11% | 1.11% | | Public | 45.3% | 45.3% | 45.3% | 45.3% | 45.3% | 45.23% | 45.23% | 44.57% | 44.18% | 44.19% | 44.19% | 44.2% | | No. of Shareholders | 11602 | 11310 | 11381 | 11354 | 11372 | 11272 | 11253 | 11227 | 11062 | 10858 | 10741 | 10656 | ## Technical Indicators Derived from daily closing prices and recomputed each trading session; values move with the market. - **Overall Signal:** Strong Sell - **Buy / Neutral / Sell:** 3 / 4 / 12 ### Moving Averages — summary: **Strong Sell** | Indicator | Value | Signal | | --- | --- | --- | | SMA (10) | 9.83 | Sell | | EMA (10) | 9.61 | Sell | | SMA (20) | 9.8 | Sell | | EMA (20) | 9.92 | Sell | | SMA (50) | 11.01 | Sell | | EMA (50) | 10.49 | Sell | | SMA (100) | 10.88 | Sell | | EMA (100) | 10.72 | Sell | | SMA (200) | 10.93 | Sell | | EMA (200) | 10.92 | Sell | ### Oscillators — summary: **Buy** | Indicator | Value | Signal | | --- | --- | --- | | RSI (14) | 36.81 | Neutral | | MACD (12,26,9) | -0.4 | Sell | | Stochastic (14,3,3) | 19.22 | Buy | | ADX (14) | 24.06 | Neutral | | Williams %R (14) | -90.99 | Buy | | ATR (14) | 0.79 | High Volatility | | ROC (12) | -9.8 | Sell | | Stoch RSI (14) | 0 | Buy | | UO (7,14,28) | 35.18 | Neutral | ## Filings & Documents ### Other Documents | Date | Document | | --- | --- | | 5 Sep - Dear Sir/Madam, We enclose herewith the Copies of Notice Published in Newspaper on 5th September,2026 regarding 52nd Annual General Meeting , Book Closure and E-voting | [Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Sep - Dear Sir/Madam, We enclose herewith the Copies of Notice Published in Newspaper on 5th September,2026 regarding 52nd Annual General Meeting , Book Closure and E-voting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f9b5e0c2-74e6-482e-b3de-2b9258882945.pdf) | | 15 Aug - Submission of Newspaper Publication under regulation 47 of SEBI(Listing Obligation and Disclosure Requiments ) Regulations 2015 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Aug - Submission of Newspaper Publication under regulation 47 of SEBI(Listing Obligation and Disclosure Requiments ) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4e321432-88e4-492b-8ecc-42b144ba9dbf.pdf) | | 13 Aug - Q1 FY27 results: Rs118.08 lakh loss; auditors cite Rs315.15 crore lender defaults and going-concern uncertainty. | [Board Meeting Outcome for Outcome Of Board Meeting 13 Aug - Q1 FY27 results: Rs118.08 lakh loss; auditors cite Rs315.15 crore lender defaults and going-concern uncertainty.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6d0a4003-c8f2-4225-9d39-9ae35df6c5ca.pdf) | | 13 Aug - Q1 FY27 results approved; AGM on 26 Sept 2026; auditors flagged Rs315.15 crore defaults and going-concern risk. | [Re-Appointment Of Indepednent Director 13 Aug - Q1 FY27 results approved; AGM on 26 Sept 2026; auditors flagged Rs315.15 crore defaults and going-concern risk.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a290049-053e-432b-a5db-6e7680ea96ce.pdf) | | 13 Aug - Board approved Q1 FY27 results; auditor noted Rs315.15 crore defaults and AGM on 26 September 2026. | [Unaudited Financial Results For The Quarter Ended As On 30.06.2026 13 Aug - Board approved Q1 FY27 results; auditor noted Rs315.15 crore defaults and AGM on 26 September 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bf6489e4-f64c-4af0-84e7-9f2455c8eebd.pdf) | | — | [Reg. 34 (1) Annual Report. 3 Sep](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c9022273-27eb-4a33-86a7-52bb884595ab.pdf) | | — | [Submission Of Notice Of 52Nd Annual General Meeting 3 Sep](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=27c04ea7-16dd-4a91-bd77-554492971612.pdf) | | — | [Intimation Of Book Closure And Record Date For The Purpose Of 52Nd AGM Of The Company 13 Aug](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=384840e9-b33c-446e-9f6e-8f075806d592.pdf) | ### Annual Reports | Date | Document | | --- | --- | | from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_PBAINFRA_2010_2011_25102011050808.zip) | | from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d0449534-e32f-4586-8b62-68f829fb1847.pdf) | | from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d1719d51-9bd9-4d30-9767-9d4cb6a19151.pdf) | | from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/af7ad2c8-a988-48f0-8a2a-71b0108e95db.pdf) | | from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532676/75601532676.pdf) | | from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532676/71278532676.pdf) | | from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532676/65965532676.pdf) | | from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532676/5326760319.pdf) | | from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532676/5326760318.pdf) | | from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532676/5326760317.pdf) | --- Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:26:09.405Z.