New Delhi, March 6 -- Infrastructure companies are increasingly diversifying their order books amid a slowdown in road project ordering, with competition intensifying and margin pressures rising in the sector, according to a report by PhillipCapital.

The report highlighted that net order inflow in the third quarter of FY26 rose marginally by 2.8 per cent year-on-year and 15.4 per cent quarter-on-quarter to Rs 425 billion. Including L1 and new orders, the total order inflow during the quarter stood at Rs 694 billion. However, road ordering activity, particularly from the National Highways Authority of India (NHAI), has remained subdued in the third quarter of FY26.

It stated, "Significant slowdown in road orders, diversification remains ...