AVP Infracon Ltd
- Market Cap ₹ 189 Cr.
- Current Price ₹ 75.5
- High / Low ₹ 218 / 72.1
- Stock P/E 4.48
- Book Value ₹ 71.4
- Dividend Yield 0.00 %
- ROCE 22.9 %
- ROE 27.7 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.06 times its book value
- Company has delivered good profit growth of 79.5% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.1%
- Company's working capital requirements have reduced from 97.7 days to 62.4 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 58 | 64 | 106 | 151 | 272 | 421 | |
| 52 | 54 | 85 | 119 | 217 | 344 | |
| Operating Profit | 6 | 10 | 21 | 32 | 55 | 77 |
| OPM % | 10% | 16% | 20% | 21% | 20% | 18% |
| 0 | 0 | 0 | 2 | 4 | 4 | |
| Interest | 2 | 3 | 4 | 7 | 12 | 19 |
| Depreciation | 1 | 2 | 2 | 3 | 4 | 6 |
| Profit before tax | 3 | 6 | 15 | 24 | 44 | 56 |
| Tax % | 28% | 29% | 23% | 24% | 24% | 24% |
| 2 | 4 | 12 | 18 | 33 | 42 | |
| EPS in Rs | 22.60 | 8.31 | 24.00 | 7.32 | 13.25 | 16.86 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 49% |
| 3 Years: | 58% |
| TTM: | 54% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 80% |
| 3 Years: | 52% |
| TTM: | 27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -54% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 29% |
| Last Year: | 28% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1 | 5 | 5 | 25 | 25 | 25 |
| Reserves | 6 | 9 | 20 | 68 | 101 | 153 |
| 27 | 32 | 55 | 59 | 143 | 206 | |
| 17 | 17 | 40 | 52 | 49 | 70 | |
| Total Liabilities | 51 | 62 | 119 | 205 | 319 | 454 |
| 13 | 15 | 19 | 22 | 48 | 77 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 5 | 11 | 14 |
| 38 | 47 | 100 | 178 | 260 | 363 | |
| Total Assets | 51 | 62 | 119 | 205 | 319 | 454 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -1 | 1 | -9 | -30 | -9 | -19 | |
| -12 | -6 | -7 | -10 | -52 | -63 | |
| 13 | 4 | 19 | 49 | 74 | 57 | |
| Net Cash Flow | 0 | -0 | 3 | 8 | 12 | -25 |
| Free Cash Flow | -11 | -2 | -15 | -36 | -39 | -54 |
| CFO/OP | -8% | 28% | -42% | -84% | -9% | -9% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 86 | 83 | 33 | 131 | 82 | 122 |
| Inventory Days | 153 | 310 | 468 | 292 | 372 | 423 |
| Days Payable | 161 | 206 | 260 | 169 | 78 | 86 |
| Cash Conversion Cycle | 77 | 186 | 241 | 254 | 375 | 459 |
| Working Capital Days | 36 | 62 | 66 | 169 | 62 | 62 |
| ROCE % | 22% | 31% | 26% | 26% | 23% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Creditor Days Days |
|
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| Gross Current Asset (GCA) Days Days |
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| Number of Fleet/Equipments Number |
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| Number of RMC Plants Number |
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| Order Book INR Crores |
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| RMC Plant Capacity m3/hr |
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Extracted by Screener AI
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
23 May 2026 - Submitted audio link for earnings call on May 23, 2026 after FY2026 audited results.
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Disclosure under SEBI Takeover Regulations
21 May 2026 - AVP Infracon Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …
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Analysts/Institutional Investor Meet/Con. Call Updates
19 May 2026 - FY26 earnings conference call scheduled for 23 May 2026 at 11:00 AM IST.
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Disclosure under SEBI Takeover Regulations
19 May 2026 - Promoter disclosed pledge of 22,47,192 AVP Infracon shares by JMD on 27-03-2026.
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Statement of deviation(s) or variation(s) under Reg. 32
18 May 2026 - AVP Infracon reported no deviation in IPO and warrant proceeds utilization for half year ended 31 March 2026.
Annual reports
Concalls
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Nov 2025TranscriptPPTREC
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May 2025TranscriptPPTREC
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Nov 2024TranscriptPPT
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Jun 2024TranscriptPPTREC
Business Overview:[1][2]
a) AVPIL is in the business of infrastructure development.
b) It is involved in construction of projects based on Bill of Quantities (BOQ) and Engineering, Procurement and Construction (EPC) methods for infrastructure development works, construction works, high value projects
c) Company delivers technically complex and high-value projects across multiple sectors including express ways, national and state highways, flyovers, bridges, via ducts, irrigation projects, urban development civic amenities, commercial and residential projects
d) It actively bids on construction projects with a primary focus in Tamil Nadu
e) Company has 124 Units Fleet Strength,
3 Units RMC Plants, and 15 Ongoing Project
till FY24
f) It is an ISO 9001:2015, ISO 14001:2015,
ISO 45001:2018 certified company