Afcons Infrastructure Limited share price

NSE: AFCONS · ISIN INE101I01011

Key numbers

Market cap
₹ 9,287 Cr
Current price
₹ 252.50
52-week high / low
₹ 479 / 225
Stock P/E
64.9
Book value
₹ 148.2
Dividend yield
0.79%
ROCE
10.9%
ROE
4.7%
Debt to equity
0.67
Sales growth (3 yrs)
-1.8%
Profit growth (3 yrs)
-15.1%
1-year return
-44.7%

About Afcons Infrastructure Limited

Afcons Infrastructure Limited, together with its subsidiaries, engages in infrastructure, engineering, and construction businesses in India and internationally. The company undertakes marine works, highways, bridges, metro works, power houses, tunnels, oil and gas, liquified natural gas tanks, and other general civil engineering projects. It also constructs ports and harbour jetties, dry docks, wet basins, breakwaters, outfall and intake structures, and material handling systems; roads, interchanges, mining-related infrastructure railways; and dams and barrages, and water and irrigation projects, as well as tunnels, such as road tunnels and underground works. The company also undertakes elevated and underground metro, flyovers, and elevated corridor works; and onshore and offshore oil and gas projects. Afcons Infrastructure Limited was formerly known as Asia Foundations and Constructions Limited and changed its name to Afcons Infrastructure Limited in August 1996. The company was founded in 1959 and is based in Mumbai, India.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3,3702,9882,9762,6142,671
Operating profit43532941043251
Net profit13710597-8831
EPS (₹)3.742.852.63-2.410.82

Concall summary (2026-08-13)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • Afcons reported a total income of INR2,727 crores in Q1 FY27 compared to INR3,419 crores in Q1 FY26.
  • With these orders, our order book stood at INR43,290 crores at the end of the quarter, providing strong visibility for future revenues.

Growth & demand

  • Coming to order book, I am pleased to share that we have begun financial year '27 on a positive note with a healthy order inflows of INR13,219 crores during the first quarter.
  • In FY27, we have booked order amounting to INR15,695 crores till now, taking the pending order book in excess of INR45,000 crores.

Margins & costs

  • EBITDA for the quarter stood at INR263 crores with an EBITDA margin of 9.6%.
  • Coming to profitability, we reported an EBITDA margin of 9.6% during the quarter.

Capex & expansion

  • So, capex in Q1, we have done close to INR150 crores capitalized, but then there is a sizable amount in CWIP.
  • And the order what we were having in hand on, say, around INR32,000 crores, in such project, there were couple of project which were moving slow, and then in some of the other projects, there were some land acquisition related issues or there were some change in scope related stuff.

Balance sheet & cash

  • On net debt basis, the debt to equity is around 0.68x of the net worth.
  • But in terms of absolute debt number, we have talked about that the debt-to-equity is around 0.68 on net debt-to-equity basis, and numbers have slightly gone up as compared to the March number.

Peers in Engineering & Construction

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