A2Z Infra Engineering Ltd
NSE: A2ZINFRA · Diversified Commercial Services · sector
₹12.47NSE close 2026-10-26
Key numbers
Market cap₹221 cr
Price₹12.47
52w high / low₹19 / ₹12
P/E62.4xSector median 13.0x
P/B4.5xSector median 1.6x
Book value₹2.8
Dividend yield–Sector median 1.73%
ROE9.6%Sector median 3.4%
ROCE10.2%Sector median 8.1%
OPM0.1%Sector median 15.0%
Debt / equity1.94xSector median 0.07x
EV/EBITDA744.0xSector median 7.9x
Interest cover1.8x
Current ratio0.83x
Sales growth 3y+3.4%Sector median +12.9%
Profit growth 3y–Sector median +19.1%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 95 companies in Diversified Commercial Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹5 cr vs borrowings ₹96 cr (FY26): borrowings are higher by ₹91 cr.
- Operating profit covered interest 1.8x in the last 12 months.
- 99.68% of the promoters' shares are pledged (27.8% of all shares).
- Operating cash flow was below net profit in 1 of the last 5 years (FY26).
- Net loss in 3 of the last 8 quarters.
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 518% of net profit in the last 12 months.
- Debtor days went from 147 (FY24) to 76 (FY26).
- No dividend in the last 5 financial years.
- Price ₹12.47 on 2026-10-26: -35.7% from the 52-week high, +3.9% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹26.17 · low ₹12.47
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 78 | 85 | 91 | 91 | 95 | 109 | 92 | 68 |
| EBITDA | 4 | -3 | -1 | 4 | 2 | -4 | 2 | 1 |
| OPM % | 4.6% | -3.4% | -1.3% | 4.1% | 1.6% | -3.6% | 2.3% | 0.9% |
| Other income | 2 | 5 | 12 | 1 | 0 | 7 | 8 | 3 |
| Net profit | 5 | -0 | 4 | 1 | -2 | -1 | 6 | 0 |
| EPS (₹) | 0.31 | -0.03 | 0.23 | 0.04 | -0.10 | -0.04 | 0.34 | 0.00 |
| Revenue YoY | +20.8% | +28.9% | +1.7% | -24.4% | ||||
| Profit YoY | -132.0% | – | +49.6% | -94.7% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 353 | 349 | 388 | 336 | 386 | 364 |
| EBITDA | -143 | -121 | 3 | 3 | 4 | 0 |
| Net profit | -180 | -123 | -6 | 9 | 4 | 4 |
| EPS (₹) | -10.22 | -6.98 | -0.32 | 0.51 | 0.25 | 0.20 |
| Revenue growth | -1.1% | +11.2% | -13.4% | +14.9% | +5.9% | |
| Profit growth | – | – | – | -51.3% | -62.3% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +3.4% | -1.4% | +5.9% |
| Net profit | – | – | -62.3% |
| EPS | – | – | – |
| Share price | – | -12.3% (2y) | -20.0% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 38 | 32 | 27 | 49 |
| Borrowings | – | 313 | 198 | 92 | 96 |
| Cash & equivalents | – | 12 | 3 | 5 | 5 |
| Total assets | – | 991 | 683 | 498 | 461 |
| Fixed assets | – | 37 | 40 | 37 | 28 |
| Capital work in progress | – | 55 | 58 | 18 | 6 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 325 | 156 | 105 | 80 |
| Inventory | – | 5 | 0 | 0 | 0 |
| Payables | – | 362 | 278 | 250 | 218 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 38 | 20 | 95 | 54 | -17 |
| Cash from investing | 25 | 28 | -11 | -12 | 11 |
| Cash from financing | -68 | -47 | -94 | -39 | 5 |
| Capex | 2 | 7 | 11 | 3 | 2 |
| Free cash flow | 36 | 14 | 85 | 51 | -18 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -323.0% | -17.7% | 33.8% | 8.8% |
| ROCE % | – | -27.6% | 15.6% | 16.9% | 10.3% |
| Debtor days | – | 339 | 147 | 114 | 76 |
| Inventory days | – | 13 | 0 | 0 | 0 |
| Payable days | – | 987 | 582 | 684 | 445 |
| Cash conversion cycle (days) | – | -635 | -435 | -570 | -369 |
| Working capital days | – | -196 | -158 | -104 | -60 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 27.92% |
| FIIs | 1.04% |
| DIIs | 0.47% |
| Government | 0.00% |
| Public (non-institutions) | 70.57% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 28.14% | 28.14% | 28.14% | 28.14% | 28.14% | 28.14% | 27.92% | 27.92% |
| Promoter group | % |
|---|---|
| Amit Mittal | 15.41% |
| Mestric Consultants Private Limited | 12.51% |
| Priya Goel | 0.01% |
| Dipali Mittal | 0.00% |
| Devdhar Trading & Consultants Private Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Jane Sequeira Pinto | 4.03% |
| Ranveer Kumar Badshah | 3.29% |
39,420 shareholders. Pledged: 99.68% of promoter shares.
Peers in Diversified Commercial Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| IGIL | ₹16,651 cr | 25.0x | 9.5x | 44.5% | 51.7% | 61.5% | – | 1.93% |
| WEWORK | ₹8,640 cr | 99.1x | 29.0x | 28.3% | 111.2% | 64.6% | – | – |
| IBULLSLTD | ₹6,919 cr | – | 1.1x | -0.4% | – | – | +918.1% | – |
| NESCO | ₹6,699 cr | 16.1x | 2.2x | 14.8% | 18.3% | 50.8% | +19.5% | 0.69% |
| NIRLON | ₹5,679 cr | 15.9x | 12.1x | 86.5% | 29.8% | 77.5% | +5.3% | 4.12% |
| RENTOMOJO | ₹5,292 cr | – | – | – | – | – | – | – |
| LEAPIND | ₹5,209 cr | – | – | – | – | – | – | – |
| SMARTWORKS | ₹5,085 cr | 182.4x | 9.6x | 5.2% | 56.6% | 64.2% | – | – |
| QUESS | ₹4,827 cr | 19.1x | 4.1x | 22.4% | 27.2% | 2.0% | -3.7% | – |
| A2ZINFRA | ₹221 cr | 62.4x | 4.5x | 9.6% | 10.2% | 0.1% | +3.4% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Segment- FMS | ₹218 cr | 52.2% | ₹11 cr | 5.1% |
| Segment- ES | ₹114 cr | 27.2% | ₹-4 cr | -3.5% |
| Segment-MSW | ₹86 cr | 20.6% | ₹4 cr | 4.5% |
| Segment-others | ₹0 cr | – | ₹9 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-20 | Other | Annual General Meeting |
| 2023-09-22 | Other | Annual General Meeting |
| 2022-09-09 | Other | Annual General Meeting |
| 2021-09-22 | Other | Annual General Meeting |
| 2020-09-22 | Other | Annual General Meeting |
| 2019-09-19 | Other | Annual General Meeting |
| 2018-09-19 | Other | Annual General Meeting |
| 2017-09-21 | Other | Annual General Meeting |
| 2016-09-15 | Other | Annual General Meeting |
| 2015-09-16 | Other | Annual General Meeting |
| 2014-09-18 | Other | Annual General Meeting |
| 2013-09-19 | Other | Annual General Meeting |
| 2012-09-20 | Other | Annual General Meeting |
| 2011-09-22 | Dividend | Dividend-Rs.2/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Services |
| Industry | Diversified Commercial Services |
| Sub-industry | Diversified Commercial Services |
| Symbol | A2ZINFRA |
| BSE code | 533292 |
| ISIN | INE619I01012 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.