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PBA Infrastructure Ltd (532676)

📊 BSE: 532676 🏢 Civil Construction 📢 Latest filing: 10 Oct 2026

Latest quarterly results (Q4 FY26)

In its latest reported quarter, Q4 FY26, PBA Infrastructure's revenue was ₹6.0 Cr (-33.3% year on year, +200.0% on the previous quarter), and net profit ₹-57.0 Cr (against a profit a year earlier); the operating margin was -883.3%.

Q4 FY26 (₹ Cr)	Value	YoY vs Q4 FY25	QoQ
Revenue	₹6.0	-33.3%	+200.0%
Operating profit	₹-53.0	loss widened	loss widened
Net profit	₹-57.0	to loss	loss widened
EPS (₹)	-42.31	to loss	loss widened
Operating margin	-883.3%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

PBA Infrastructure Submits Form A Newspaper Notice Under CIRP Inviting Creditor Claims

🔴 NEGATIVE ⭐ 9/10

LEGAL 📅 10 Oct 2026, 05:07 PM

PBA Infrastructure Limited has submitted newspaper copies of Form A published on October 1, 2026, pursuant to Regulation 6 of the IBBI CIRP Regulations, 2016. The public announcement formally invites claims from creditors of the company under the ongoing Corporate Insolvency Resolution Process (CIRP). The company is severely distressed, reporting a net loss of Rs 82 Cr on Rs 24 Cr revenue in FY26, with debt standing at Rs 405 Cr and negative net worth of Rs -196 Cr. Vijay P. Lulla is acting as the Interim Resolution Professional (IRP).

Form A public announcement was published on October 1, 2026, in Free Press Journal (English) and Navshakti (Marathi)
Claims invited from creditors under Regulation 6 of IBBI CIRP Regulations, 2016
Company is under active CIRP led by IRP Vijay P. Lulla (IBBI Reg No: IBBI/IPA-01/IP-P00323/2017-18/10593)
Significant financial distress context: Debt stands at Rs 405 Cr vs market cap of Rs 13 Cr

💡 Track subsequent CIRP disclosures, including the constitution of the Committee of Creditors (CoC) and the submission of resolution plans under IBC.

NCLT Admits Canara Bank's CIRP Plea Against PBA Infrastructure for ₹1,126.41 Cr Default

🔴 NEGATIVE ⭐ 10/10

LEGAL 📅 30 Sep 2026, 03:35 PM

The NCLT Mumbai Bench has admitted a Section 7 IBC application filed by Canara Bank against PBA Infrastructure Limited for an alleged default of ₹1,126.41 crore. The default dates back to March 28, 2012, following the failure of a CDR package and five unsuccessful OTS proposals. NCLT has initiated the Corporate Insolvency Resolution Process (CIRP), imposed a Section 14 moratorium, and appointed Mr. Vijay Pitambar Lulla as the Interim Resolution Professional (IRP). The company stated it intends to appeal the admission order before the NCLAT.

NCLT Mumbai admitted Section 7 IBC petition filed by Canara Bank for alleged financial debt default of ₹1126,41,34,714
Application claimed date of default is 28.03.2012, with credit facilities dating back to 1974
Moratorium imposed under Section 14 of IBC, suspending board powers and transferring management to IRP
Mr. Vijay Pitambar Lulla appointed as the Interim Resolution Professional (IRP)
PBA Infrastructure confirmed intention to appeal the order before the NCLAT

💡 Track whether NCLAT grants a stay on the CIRP admission order, alongside public notices and creditor claim submissions managed by the IRP.

PBA Infrastructure sets Sept 19 as Record Date for 52nd AGM

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 13 Aug 2026, 09:08 PM

PBA Infrastructure has announced its 52nd Annual General Meeting (AGM) to be held on September 26, 2026. The company has fixed September 19, 2026, as the record date for determining shareholder eligibility to vote at the meeting. Consequently, the register of members and share transfer books will be closed from September 20 to September 26, 2026. This is a standard procedural filing required under SEBI regulations.

52nd Annual General Meeting scheduled for September 26, 2026
Record date for voting eligibility fixed as September 19, 2026
Book closure period defined from September 20, 2026, to September 26, 2026
Company reported a significant net loss of Rs 82 cr for FY26

💡 Investors should review the upcoming Annual Report for details on debt restructuring plans, as the company currently carries Rs 405 cr in debt against a negative net worth of Rs 196 cr.

PBA Infra: Auditor flags Rs 214.59 Cr debt default; Q1 loss at Rs 0.87 per share

🔴 NEGATIVE ⭐ 8/10

EARNINGS 📅 13 Aug 2026, 09:00 PM

PBA Infrastructure reported a loss per share of Rs 0.87 for the quarter ended June 30, 2026. The statutory auditor has issued a qualified opinion, highlighting that the company has defaulted on loan repayments with a total consortium book liability of Rs 214.59 crore. Furthermore, the auditor raised a 'going concern' warning, noting that total outside liabilities exceed underlying assets and the company faces SARFASEI notices for overdues totaling Rs 315.15 crore. The company's net worth remains deeply negative at Rs -196 crore, indicating severe financial distress.

Consortium book liability confirmed at Rs 214.59 crore across four major banks as of the latest review
Total overdue amount cited in SARFASEI notices by consortium bankers stands at Rs 315.15 crore
Reported a loss per share of Rs 0.87 for the quarter ended June 2026
Auditor expressed material uncertainty regarding the company's ability to continue as a going concern
52nd Annual General Meeting (AGM) scheduled for September 26, 2026, with a record date of September 19, 2026

💡 Investors should closely monitor the legal proceedings at the Debt Recovery Tribunal (DRT) where the company has filed a counter-case against lender possession notices.

Rs 214.59 Cr Debt Overdue: PBA Infrastructure Reports Q1 Loss and Going Concern Warning

🔴 NEGATIVE ⭐ 8/10

EARNINGS 📅 13 Aug 2026, 08:25 PM

PBA Infrastructure reported a net loss for the quarter ended June 30, 2026, with an EPS of Rs -0.87. The statutory auditors have issued a qualified opinion, highlighting a material uncertainty regarding the company's ability to continue as a 'going concern' due to massive debt defaults. Total consortium bank overdue liabilities stand at Rs 214.59 crore, which is over 15 times the company's current market capitalization of Rs 14 crore. While the company has secured a stay from the DRT against asset possession, its financial position remains critical with a negative net worth of Rs 196 crore.

Reported a quarterly EPS of Rs -0.87 for the period ended June 30, 2026
Total consortium bank overdue amount confirmed at Rs 214.59 crore across four banks
Auditors flagged 'Going Concern' uncertainty due to defaults and liabilities exceeding assets
Company received a stay from the DRT against physical possession of secured assets by lenders
Record date for the 52nd Annual General Meeting (AGM) set for September 19, 2026

💡 Investors should closely monitor the Debt Recovery Tribunal (DRT) proceedings and any potential One-Time Settlement (OTS) developments, as the company's survival is contingent on debt restructuring.

PBA Infrastructure Q1 Loss; Auditors Flag Rs 214.59 Cr Debt Default and Going Concern Risk

🔴 NEGATIVE ⭐ 8/10

EARNINGS 📅 13 Aug 2026, 08:13 PM

PBA Infrastructure reported a net loss for the quarter ended June 30, 2026, with an EPS of Rs -0.87. The statutory auditors issued a qualified opinion, highlighting a default of Rs 214.59 crore in consortium book liabilities and a total overdue of Rs 315.15 crore under SARFAESI notices. With a negative net worth of Rs -196 crore and debt of Rs 405 crore, the auditors have raised significant concerns regarding the company's ability to continue as a going concern. The board has scheduled the 52nd AGM for September 26, 2026.

Consortium book liability defaults totaling Rs 214.59 crore across Union Bank, Karur Vyasya, Punjab & Sindh, and Canara Bank
Total overdue amount of Rs 315.15 crore cited in SARFAESI notices from lenders seeking physical possession of assets
Quarterly EPS for June 2026 reported at Rs -0.87, showing continued losses despite improvement from the previous quarter's Rs -42.61
Net worth remains deeply negative at Rs -196 crore against a total debt of Rs 405 crore
52nd Annual General Meeting scheduled for September 26, 2026, with a record date of September 19, 2026

💡 Investors should closely monitor the DRT court proceedings regarding the stay on asset possession and look for any debt restructuring updates during the September 26 AGM.

Aug 13 Board Meeting to Approve Q1 FY27 Financial Results

🟡 NEUTRAL ⭐ 2/10

BOARD_MEETING 📅 07 Aug 2026, 03:17 PM

PBA Infrastructure Ltd has scheduled a board meeting on August 13, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company is currently in a distressed financial state, reporting a TTM net loss of ₹82 crore against a revenue of only ₹24 crore. With a negative net worth of ₹196 crore and total debt of ₹405 crore, these results are critical for assessing the company's ongoing viability. The trading window for insiders has been closed since July 1, 2026.

Board meeting scheduled for August 13, 2026, to approve Q1 FY27 results.
Trading window for designated persons closed from July 1, 2026, until 48 hours after result declaration.
Company reported a significant net loss of ₹57 crore in the previous quarter (March 2026).
Total debt stands at ₹405 crore against a small market capitalization of ₹15 crore.
Operating profit margin for the trailing twelve months is deeply negative at -233.3%.

💡 Monitor the upcoming results on August 13 for any signs of operational recovery or updates regarding the company's ₹405 crore debt burden and negative net worth.

PBA Infrastructure Reports Rs 57 Cr Q4 Loss; Auditor Issues Qualified Opinion

🔴 NEGATIVE ⭐ 6/10

EARNINGS 📅 22 Jul 2026, 07:40 PM

PBA Infrastructure submitted revised FY26 results following a BSE query regarding missing audit qualification impacts. The company reported a massive net loss of Rs 57 crore for Q4 FY26 on a revenue of only Rs 6 crore, significantly worsening its financial position. With a negative net worth of Rs 196 crore and debt of Rs 405 crore, the company is in severe financial distress. The statutory auditor has issued a qualified opinion, suggesting material uncertainties in the financial statements.

Reported a net loss of Rs 57.0 crore in Q4 FY26 against a revenue of just Rs 6.0 crore
Total debt stands at Rs 405 crore, which is approximately 23.8 times the company's market capitalization of Rs 17 crore
Net worth remains deeply negative at Rs -196 crore as of March 31, 2026
Statutory auditor M/s N.K. Mittal & Associates issued a qualified opinion on the annual financial results
Appointed Abhishek Bansal & Co as Internal Auditors for FY 2026-27

💡 Investors should closely examine the 'Statement on Impact of Audit Qualifications' to understand the specific financial risks identified by the auditors and monitor any debt restructuring updates.

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