Afcons Infrastructure Ltd
NSE: AFCONS · Civil Construction · sector
₹211.55NSE close 2026-10-26
Key numbers
Market cap₹7,780 cr
Price₹211.55
52w high / low₹458 / ₹212
P/E54.2xSector median 12.2x
P/B1.4xSector median 1.3x
Book value₹148.2
Dividend yield1.18%Sector median 0.76%
ROE2.7%Sector median 10.2%
ROCE10.4%Sector median 12.9%
OPM8.5%Sector median 10.7%
Debt / equity0.65xSector median 0.36x
EV/EBITDA10.9xSector median 8.8x
Interest cover1.4x
Current ratio1.29x
Sales growth 3y–Sector median +6.7%
Profit growth 3y–Sector median +5.8%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 119 companies in Civil Construction (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹886 cr vs borrowings ₹3,538 cr (FY26): borrowings are higher by ₹2,652 cr.
- Operating profit covered interest 1.4x in the last 12 months.
- 100.00% of the promoters' shares are pledged (50.2% of all shares).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- Other income was 265% of net profit in the last 12 months.
- Dividend paid in 1 of the last 2 financial years.
- Price ₹211.55 on 2026-10-26: -53.8% from the 52-week high, 0.0% 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 ₹543.25 · low ₹211.55
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,960 | 3,211 | 3,223 | 3,370 | 2,988 | 2,976 | 2,614 | 2,671 |
| EBITDA | 344 | 364 | 294 | 435 | 329 | 334 | 43 | 251 |
| OPM % | 11.6% | 11.3% | 9.1% | 12.9% | 11.0% | 11.2% | 1.6% | 9.4% |
| Other income | 130 | 121 | 164 | 49 | 113 | 50 | 163 | 56 |
| Net profit | 135 | 149 | 368 | 137 | 105 | 97 | -89 | 30 |
| EPS (₹) | 3.97 | 4.05 | 3.02 | 3.74 | 2.86 | 2.63 | -2.41 | 0.82 |
| Revenue YoY | +1.0% | -7.3% | -18.9% | -20.8% | ||||
| Profit YoY | -22.4% | -35.0% | -124.1% | -77.9% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY25 | FY26 | TTM |
|---|---|---|---|
| Revenue | 12,548 | 11,948 | 11,249 |
| EBITDA | 1,356 | 1,141 | 957 |
| Net profit | 368 | 251 | 144 |
| EPS (₹) | 13.24 | 6.82 | 3.90 |
| Revenue growth | -4.8% | -11.9% | |
| Profit growth | -31.8% | -81.8% | |
| Dividend / share (₹) | – | 2.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | -11.9% |
| Net profit | – | – | -81.8% |
| EPS | – | – | – |
| Share price | – | – (2y) | -46.8% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 5,261 | 5,450 |
| Borrowings | 2,236 | 3,538 |
| Cash & equivalents | 771 | 886 |
| Total assets | 17,119 | 19,131 |
| Fixed assets | 2,631 | 2,410 |
| Capital work in progress | 33 | 901 |
| Investments | 1 | 1 |
| Receivables | 2,779 | 3,432 |
| Inventory | 1,010 | 1,017 |
| Payables | 3,541 | 4,043 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | -132 | -143 |
| Cash from investing | -131 | -386 |
| Cash from financing | 290 | 473 |
| Capex | 0 | 372 |
| Free cash flow | -132 | -515 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 7.0% | 4.6% |
| ROCE % | 17.9% | 11.8% |
| Debtor days | 81 | 105 |
| Inventory days | 43 | 47 |
| Payable days | 151 | 187 |
| Cash conversion cycle (days) | -27 | -35 |
| Working capital days | 88 | 90 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 50.17% |
| FIIs | 10.92% |
| DIIs | 18.00% |
| of which Mutual funds | 16.19% |
| of which Insurance | 0.24% |
| Public (non-institutions) | 20.91% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 50.17% | 50.17% | 50.17% | 50.17% | 50.17% | 50.17% | 50.17% | 50.17% |
| Promoter group | % |
|---|---|
| Goswami Infratech Private Limited | 25.03% |
| Shapoorji Pallonji And Company Private Limited | 15.41% |
| Floreat Investments Private Limited | 7.52% |
| Hermes Commerce Private Limited | 1.10% |
| Renaissance Commerce Private Limited | 1.09% |
| Behroze Mistry | 0.00% |
| Patsy Mistry | 0.00% |
| Pallon Shapoorji Mistry | 0.00% |
| Tanya Mistry | 0.00% |
| Rohiqa Mistry | 0.00% |
| Abhipreet Trading Private Limited | 0.00% |
| Ace Richesse (India) Private Limited | 0.00% |
| Acreage Farms Private Limited | 0.00% |
| Advance Tech Energy Additives Private Limited | 0.00% |
| Alkimos Consultancy Services Private Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Sbi Small Cap Fund | 4.83% |
| Gamnat Pte. Ltd. | 4.44% |
| Quant Mutual Fund - Quant Small Cap Fund | 3.36% |
| Icici Prudential Infrastructure Fund | 3.00% |
| Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund | 2.58% |
| Synergy Solutions Investments Holding Limited | 2.35% |
| Goldman Sachs Funds - Goldman Sachs India Equity Portfolio | 1.46% |
| Volrado Venture Partners Fund II | 1.33% |
| East Bridge Capital Master Fund I Ltd | 1.11% |
2,41,593 shareholders. Pledged: 100.00% of promoter shares.
Peers in Civil Construction
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LT | ₹5,06,276 cr | 30.5x | 4.6x | 16.7% | 12.8% | 9.4% | +22.2% | 0.92% |
| RVNL | ₹38,083 cr | 42.4x | 3.9x | 9.3% | 10.5% | 4.3% | +0.2% | 1.51% |
| KPIL | ₹22,134 cr | 19.5x | 2.8x | 15.9% | 17.7% | 8.4% | +18.4% | 0.69% |
| IRB | ₹19,639 cr | 20.6x | 0.9x | 4.7% | 7.6% | 53.9% | +6.1% | 0.65% |
| CEMPRO | ₹19,444 cr | 32.3x | 8.1x | 28.4% | 32.3% | 10.4% | +25.5% | 0.18% |
| NBCC | ₹18,536 cr | 25.1x | 6.1x | 27.0% | 33.9% | 5.8% | +13.8% | 1.08% |
| ENGINERSIN | ₹13,725 cr | 17.5x | 4.4x | 27.0% | 28.8% | 19.4% | +5.7% | 1.84% |
| TECHNOE | ₹9,612 cr | 22.3x | 2.3x | 10.9% | 13.7% | 14.0% | +57.7% | 1.09% |
| IRCON | ₹9,177 cr | 17.5x | 1.4x | 8.1% | 8.2% | 8.3% | -4.4% | 2.25% |
| AFCONS | ₹7,780 cr | 54.2x | 1.4x | 2.7% | 10.4% | 8.5% | – | 1.18% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-23 | Dividend | Dividend - Rs 2 Per Share |
| 2025-07-18 | Dividend | Dividend - Rs 2.50 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Construction & Civil Engineering: An Engineering, Procurement and Construction (EPC) company engaged in the execution of infrastructure projects across multiple sectors, including Roads and highways, Bridges, metros (elevated and underground), Mass Rapid Transit Systems (MRTS), Railways, Marine & Industrial infrastructure, Underground tunnelling, Irrigation & water supply, and Oil & Gas.
| Sector | Industrials |
| Industry | Civil Construction |
| Sub-industry | Civil Construction |
| Symbol | AFCONS |
| BSE code | 544280 |
| ISIN | INE101I01011 |
| Face value | ₹10.0 |
| Incorporated | 1976-11-22 |
| Website | http://www.afcons.com |
| Plants (India / abroad) | 77 / 13 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.