Afcons Infrastructure Ltd
Incorporated in 1959, Afcons Infrastructure Limited is an infrastructure engineering and construction company.[1]
- Market Cap ₹ 15,006 Cr.
- Current Price ₹ 408
- High / Low ₹ 570 / 382
- Stock P/E 30.6
- Book Value ₹ 143
- Dividend Yield 0.62 %
- ROCE 19.6 %
- ROE 11.1 %
- Face Value ₹ 10.0
Pros
Cons
- The company has delivered a poor sales growth of 4.78% over past five years.
- Company has a low return on equity of 13.6% over last 3 years.
- Promoters have pledged or encumbered 53.5% of their holding.
- Earnings include an other income of Rs.469 Cr.
- Dividend payout has been low at 14.9% of profits over last 3 years
- Company's cost of borrowing seems high
- Working capital days have increased from 29.1 days to 65.5 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 BSE 500 Nifty 500 BSE SmallCap BSE IPO Nifty Smallcap 100
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
9,934 | 9,376 | 11,019 | 12,637 | 13,268 | 12,548 | |
9,113 | 8,505 | 10,076 | 11,305 | 11,890 | 11,187 | |
Operating Profit | 821 | 870 | 943 | 1,333 | 1,377 | 1,361 |
OPM % | 8% | 9% | 9% | 11% | 10% | 11% |
186 | 138 | 244 | 185 | 367 | 469 | |
Interest | 391 | 468 | 425 | 447 | 577 | 629 |
Depreciation | 240 | 250 | 355 | 472 | 495 | 491 |
Profit before tax | 376 | 290 | 407 | 599 | 673 | 710 |
Tax % | 34% | 42% | 12% | 31% | 33% | 31% |
248 | 170 | 358 | 411 | 450 | 487 | |
EPS in Rs | 34.12 | 23.20 | 49.51 | 57.09 | 13.20 | 13.24 |
Dividend Payout % | 10% | 15% | 7% | 7% | 19% | 19% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 4% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 11% |
TTM: | 7% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 14% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 72 | 72 | 72 | 72 | 341 | 368 |
Reserves | 1,721 | 1,868 | 2,190 | 2,654 | 3,255 | 4,893 |
2,118 | 2,059 | 2,073 | 2,062 | 2,523 | 2,343 | |
9,186 | 8,491 | 8,638 | 9,513 | 10,114 | 9,515 | |
Total Liabilities | 13,097 | 12,490 | 12,974 | 14,301 | 16,234 | 17,119 |
1,938 | 2,003 | 2,318 | 2,498 | 2,784 | 2,738 | |
CWIP | 18 | 146 | 18 | 184 | 43 | 33 |
Investments | 0 | 0 | 1 | 0 | 1 | 1 |
11,141 | 10,341 | 10,638 | 11,619 | 13,406 | 14,348 | |
Total Assets | 13,097 | 12,490 | 12,974 | 14,301 | 16,234 | 17,119 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
1,050 | 913 | 610 | 1,215 | 707 | -132 | |
-390 | -260 | -255 | -861 | -859 | -131 | |
-455 | -564 | -521 | -483 | 246 | 290 | |
Net Cash Flow | 205 | 90 | -165 | -128 | 94 | 27 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 91 | 100 | 76 | 63 | 86 | 81 |
Inventory Days | 146 | 135 | 146 | 150 | 148 | 112 |
Days Payable | 458 | 446 | 310 | 332 | 393 | 393 |
Cash Conversion Cycle | -222 | -212 | -88 | -119 | -160 | -200 |
Working Capital Days | 8 | -0 | 5 | 10 | 12 | 65 |
ROCE % | 19% | 20% | 23% | 23% | 20% |
Documents
Announcements
-
Board Meeting Intimation for Consideration And Approval Of The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended June 30, 2025
1 Aug - Board meeting on Aug 8 to approve Q1 June 2025 financial results; trading window closed from July 1.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 25 Jul
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 25 Jul
-
Announcement under Regulation 30 (LODR)-Change in Management
25 Jul - Re-appointment of Mr. Giridhar Rajagopalan as Deputy Managing Director for two years from July 2025.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
21 Jul - Afcons wins Rs.6800 Cr railway reconstruction contract in Croatia, 72-month completion period.
Annual reports
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.