Afcons Infrastructure Ltd
Incorporated in 1959, Afcons Infrastructure Limited is an infrastructure engineering and construction company.[1]
- Market Cap ₹ 16,214 Cr.
- Current Price ₹ 441
- High / Low ₹ 570 / 382
- Stock P/E 27.7
- Book Value ₹ 131
- Dividend Yield 0.00 %
- ROCE 22.5 %
- ROE 14.8 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 18.8% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of 6.20% over past five years.
- Promoters have pledged 43.5% of their holding.
- Company's cost of borrowing seems high
- Working capital days have increased from 65.7 days to 109 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Construction Construction Civil Construction
Part of Nifty 500 BSE SmallCap BSE IPO Nifty Smallcap 100 BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
9,255 | 8,931 | 10,499 | 12,467 | 12,907 | 12,500 | |
8,499 | 8,183 | 9,729 | 11,126 | 11,545 | 11,040 | |
Operating Profit | 756 | 748 | 770 | 1,340 | 1,363 | 1,460 |
OPM % | 8% | 8% | 7% | 11% | 11% | 12% |
243 | 216 | 287 | 196 | 370 | 467 | |
Interest | 386 | 466 | 423 | 444 | 577 | 628 |
Depreciation | 234 | 245 | 351 | 469 | 491 | 489 |
Profit before tax | 378 | 253 | 283 | 623 | 665 | 809 |
Tax % | 36% | 50% | 8% | 34% | 34% | 28% |
242 | 126 | 259 | 410 | 442 | 586 | |
EPS in Rs | 33.61 | 17.50 | 36.03 | 56.92 | 12.98 | 15.94 |
Dividend Payout % | 10% | 20% | 10% | 7% | 19% | 16% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 6% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 31% |
TTM: | 31% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 17% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 72 | 72 | 72 | 72 | 341 | 368 |
Reserves | 1,394 | 1,498 | 2,167 | 2,147 | 2,735 | 4,459 |
2,101 | 2,068 | 1,629 | 2,077 | 2,538 | 2,359 | |
8,865 | 8,205 | 8,532 | 9,342 | 9,998 | 9,490 | |
Total Liabilities | 12,431 | 11,844 | 12,400 | 13,638 | 15,611 | 16,675 |
1,912 | 1,985 | 2,305 | 2,447 | 2,770 | 2,725 | |
CWIP | 18 | 146 | 18 | 184 | 43 | 33 |
Investments | 12 | 12 | 12 | 12 | 12 | 20 |
10,490 | 9,701 | 10,065 | 10,995 | 12,786 | 13,897 | |
Total Assets | 12,431 | 11,844 | 12,400 | 13,638 | 15,611 | 16,675 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
824 | 810 | 570 | 1,198 | 813 | -117 | |
-334 | -197 | -211 | -820 | -891 | -140 | |
-406 | -543 | -516 | -471 | 246 | 292 | |
Net Cash Flow | 84 | 70 | -157 | -94 | 168 | 35 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 90 | 97 | 76 | 60 | 84 | 79 |
Inventory Days | 145 | 132 | 152 | 150 | 148 | 42 |
Days Payable | 443 | 414 | 317 | 328 | 392 | 153 |
Cash Conversion Cycle | -207 | -185 | -89 | -119 | -161 | -32 |
Working Capital Days | 44 | 39 | 38 | 33 | 55 | 109 |
ROCE % | 20% | 19% | 27% | 25% | 22% |
Documents
Announcements
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
9h - Penalty of Rs.44.7 lakh imposed for incorrect input tax credit; company to pay without contesting.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
7 Jun - Afcons awarded Rs.700 Cr contract by RIL for Dahej Vinyl Projects, completion by June 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
4 Jun - Appointment of Dimitrius D'Mello as Director and Functional Head of Supply Chain from June 5, 2025.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
2 Jun - Afcons Q4 FY25 earnings: INR13,023 Cr revenue, 12.8% EBITDA margin, 8% PAT growth, strong order book INR36,869 Cr.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
30 May - Received Rs. 463.50 Cr LOA for 353-village water supply project with 20-month completion and 10-year O&M.
Annual reports
No data available.
Concalls
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Jun 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT REC
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Nov 2024TranscriptNotesPPT
Market Leadership[1]
- 10th largest international marine and port facilities contractor globally.
- 12th largest contractor in the bridges segment globally.
- 42nd largest contractor in the transportation segment.
- 18th largest contractor in the transmission lines and aqueducts segment.