Afcons Infrastructure Ltd

Afcons Infrastructure Ltd

₹ 310 -1.41%
20 May 9:10 a.m.
About

Incorporated in 1959, Afcons Infrastructure Limited is an infrastructure engineering and construction company.[1]

Key Points

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.

  • Market Cap 11,407 Cr.
  • Current Price 310
  • High / Low 479 / 266
  • Stock P/E 34.5
  • Book Value 136
  • Dividend Yield 0.80 %
  • ROCE 14.8 %
  • ROE 6.72 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 5.98% over past five years.
  • Company has a low return on equity of 11.9% over last 3 years.
  • Promoters have pledged 60.1% of their holding.
  • Dividend payout has been low at 11.6% of profits over last 3 years
  • Company's cost of borrowing seems high

* 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
3,205 3,047 3,557 3,130 2,947 3,205 3,219 3,363 2,988 2,974 2,614
2,878 2,662 3,214 2,762 2,599 2,821 2,858 2,930 2,650 2,551 2,550
Operating Profit 327 385 344 368 348 384 360 434 338 423 63
OPM % 10% 13% 10% 12% 12% 12% 11% 13% 11% 14% 2%
94 60 168 56 131 119 161 48 109 -31 167
Interest 158 128 175 147 163 169 149 162 170 167 175
Depreciation 113 123 145 130 119 117 124 138 122 93 99
Profit before tax 150 194 191 147 196 218 248 182 156 131 -43
Tax % 37% 35% 32% 30% 28% 23% 29% 25% 28% 20% 45%
94 125 130 104 140 167 175 136 112 105 -63
EPS in Rs 13.11 17.38 3.80 3.04 4.12 4.53 4.77 3.69 3.05 2.86 -1.71
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
3,013 4,175 5,740 5,805 7,732 9,255 8,931 10,499 12,467 12,907 12,500 11,938
2,763 3,723 5,261 5,244 7,210 8,499 8,183 9,729 11,126 11,545 11,036 10,681
Operating Profit 250 452 479 561 522 756 748 770 1,340 1,363 1,464 1,258
OPM % 8% 11% 8% 10% 7% 8% 8% 7% 11% 11% 12% 11%
155 130 100 145 199 243 216 287 196 370 462 294
Interest 179 269 299 302 277 386 466 423 444 577 628 673
Depreciation 125 155 166 195 235 234 245 351 469 491 489 452
Profit before tax 101 158 114 209 210 378 253 283 623 665 809 426
Tax % 22% 44% 34% 38% 40% 36% 50% 8% 34% 34% 28% 32%
79 88 75 129 125 242 126 259 410 442 586 290
EPS in Rs 10.97 12.19 10.44 17.90 17.38 33.61 17.50 36.03 56.92 12.98 15.94 7.88
Dividend Payout % 14% 25% 29% 20% 20% 10% 20% 10% 7% 19% 16% 0%
Compounded Sales Growth
10 Years: 11%
5 Years: 6%
3 Years: -1%
TTM: -4%
Compounded Profit Growth
10 Years: 14%
5 Years: 21%
3 Years: -8%
TTM: -44%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -32%
Return on Equity
10 Years: 13%
5 Years: 13%
3 Years: 12%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 72 72 72 72 72 72 72 72 72 341 368 368
Reserves 584 939 982 1,088 1,211 1,394 1,498 2,167 2,147 2,735 4,459 4,634
1,862 2,509 2,462 2,109 2,023 2,101 2,061 1,629 2,077 2,538 2,359 3,645
1,911 3,038 3,321 4,333 6,452 8,865 8,213 8,532 9,342 9,998 9,490 10,033
Total Liabilities 4,429 6,559 6,836 7,602 9,757 12,431 11,844 12,400 13,638 15,611 16,675 18,680
899 1,479 1,611 1,566 1,659 1,912 1,985 2,305 2,447 2,770 2,725 2,487
CWIP 174 124 21 22 31 18 146 18 184 43 33 901
Investments 99 113 109 12 12 12 12 12 12 12 20 20
3,256 4,843 5,095 6,003 8,056 10,490 9,701 10,065 10,995 12,786 13,897 15,273
Total Assets 4,429 6,559 6,836 7,602 9,757 12,431 11,844 12,400 13,638 15,611 16,675 18,680

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
824 794 570 1,198 813 -117 -135
-334 -181 -211 -820 -891 -139 -394
-406 -543 -516 -471 246 292 476
Net Cash Flow 84 70 -157 -94 168 35 -52
Free Cash Flow 428 345 218 330 101 -454 -498
CFO/OP 125% 113% 89% 97% 78% 8% 8%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 71 42 45 83 88 90 97 76 60 84 79 101
Inventory Days 905 149 93 104 164 145 132 152 150 148 110 46
Days Payable 556 350 241 328 445 443 433 317 328 392 395 188
Cash Conversion Cycle 421 -158 -103 -140 -194 -207 -204 -89 -119 -161 -207 -41
Working Capital Days 149 133 98 116 78 6 -6 -3 3 1 60 56
ROCE % 11% 14% 12% 15% 15% 22% 20% 19% 27% 25% 23% 15%

Insights

In beta
Mar 2015 Sep 2016 Sep 2017 Sep 2019 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Order Book
INR Crores

Log in to view insights

Please log in to see hidden values.

Login
Order Inflow
INR Crores
Overseas Project Recognition (Five Star Export House)
Countries Presence
Cranes
Number
Marine Barges
Number
Tunnel Boring Machines (TBMs)
Number

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
50.17% 50.17% 50.17% 50.17% 50.17% 50.17%
18.00% 18.21% 15.80% 12.81% 12.81% 12.19%
11.12% 12.07% 14.53% 17.94% 19.60% 20.96%
20.71% 19.55% 19.50% 19.06% 17.40% 16.69%
No. of Shareholders 2,82,9202,68,8902,66,0412,56,9692,45,2262,37,539

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents