Active Infrastructure Ltd
Incorporated in 2007, Active Infrastructures Limited is a civil construction company specializing in infrastructure development and commercial project construction.[1]
- Market Cap ₹ 255 Cr.
- Current Price ₹ 170
- High / Low ₹ 190 / 147
- Stock P/E 26.0
- Book Value ₹ 76.8
- Dividend Yield 0.59 %
- ROCE 15.5 %
- ROE 13.6 %
- Face Value ₹ 5.00
Pros
- Promoter holding has increased by 1.02% over last quarter.
Cons
- Company might be capitalizing the interest cost
- Company has high debtors of 212 days.
- Working capital days have increased from 59.7 days to 108 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
Consumer Discretionary Realty Realty Residential, Commercial Projects
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 1 | 89 | 97 | 90 | 95 | |
| 1 | 76 | 80 | 66 | 70 | |
| Operating Profit | 0 | 13 | 17 | 24 | 25 |
| OPM % | 10% | 15% | 18% | 26% | 26% |
| 0 | 0 | 0 | 1 | 2 | |
| Interest | 0 | 0 | 2 | 3 | 5 |
| Depreciation | 0 | 0 | 3 | 4 | 3 |
| Profit before tax | 0 | 13 | 12 | 17 | 19 |
| Tax % | 27% | 25% | 29% | 25% | |
| 0 | 10 | 9 | 13 | 13 | |
| EPS in Rs | 0.13 | 14.59 | 6.95 | 6.31 | 6.54 |
| Dividend Payout % | 0% | 0% | 25% | 16% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 334% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 372% |
| TTM: | 14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 0% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.67 | 0.67 | 5 | 8 | 8 |
| Reserves | 10 | 18 | 22 | 104 | 108 |
| 109 | 69 | 65 | 56 | 60 | |
| 6 | 11 | 15 | 27 | 44 | |
| Total Liabilities | 126 | 99 | 108 | 194 | 220 |
| 1 | 8 | 31 | 31 | 31 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 | 1 |
| 124 | 90 | 75 | 162 | 188 | |
| Total Assets | 126 | 99 | 108 | 194 | 220 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -2 | 18 | 32 | 5 | |
| -1 | -7 | -27 | -6 | |
| 4 | -11 | -5 | 63 | |
| Net Cash Flow | 0 | 0 | 0 | 61 |
| Free Cash Flow | -3 | 11 | 5 | 2 |
| CFO/OP | -2,264% | 158% | 206% | 38% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 0 | 24 | 80 | 212 |
| Inventory Days | 564,016 | 223 | 229 | |
| Days Payable | 24,090 | 31 | 73 | |
| Cash Conversion Cycle | 539,926 | 24 | 273 | 368 |
| Working Capital Days | 3,102 | 60 | 11 | 108 |
| ROCE % | 13% | 16% | 16% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Apr 2025 | |
|---|---|---|---|---|
| Client Concentration (Top 3 Clients) % |
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| Geographic Revenue Concentration (Maharashtra) % |
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| Infrastructure Segment Revenue Contribution % |
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| Net Fixed Asset Turnover Times |
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| Employee Count (Permanent) Number |
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| Order Book / Major Project Value INR Lakhs |
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Documents
Announcements
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Trading Window
28 March 2026 - Trading window closed from 01 April 2026 until 48 hours after Q4 FY2026 results announcement.
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Monitoring Agency Report
14 February 2026 - Monitoring agency report (13 Feb 2026) confirms utilization of Rs77.83 crore IPO proceeds; no deviations as of Dec 31, 2025.
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Outcome of Board Meeting
12 February 2026 - Approved Q3/9M results to 31-Dec-2025; standalone PAT Q3 Rs275.74L, 9M Rs680.71L.
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General Updates
6 February 2026 - Subsidiary filed FIR Feb 4, 2026 against Infrasian; alleged fraud, claim ₹2.50 crore (parent exposure ₹1.26 crore).
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Structural Digital Database
21 January 2026 - Compliance certificate: Active Infrastructures' Structured Digital Database (SDD) under SEBI PIT regs; dated 21/01/2026.
Business Segments[1][2]
a) Infrastructure Development: Includes roads (bridges), flyovers, water supply systems, irrigation projects, and other related infrastructure.
b) Commercial Construction: Includes office complexes, retail centers, exhibition halls, private educational institutions, and other facilities.