Afcons Infrastructure Ltd.
•Add ratio to table
ABOUT
AI Sector View
AI GENERATEDConstruction
Construction fundamentals are strong, led by government and infrastructure spending. Capital expenditure was up 66% YoY (2026-06), cement output grew 13.1% YoY (2026-07), and the sector also benefits from improving housing and GFCF conditions. FPI flows turned supportive with INR 1720 crore net inflow over 3 months to 2026-08-31 from INR -9439 crore in the prior 3 months, reinforcing the positive view.
PROS
- Company has consistently been profitable over the last 5 years
- Company has a consistent dividend-paying track record
CONS
- Operating cash flow has been negative in recent years
- A large part of profit comes from other income (109.6% of PBT)
- Recent results are weak - TTM profit is down 71.1% versus prior year
- Promoter holding has decreased over last 2 years: -36.1pp
- Receivables are growing faster than sales - a possible quality concern
- Interest coverage is weak at 1.6x - earnings barely cover interest
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| LT | 3925.00 | 32.55 | 540027.44 | 0.97 | 4988.03 | 15.51 | 67941.74 | 6.69 | 15.98 | 12.00 |
| RVNL | 207.00 | 47.98 | 43159.92 | 0.34 | 159.52 | 18.73 | 4321.23 | 10.55 | 10.81 | 4.41 |
| KPIL | 1408.65 | 21.17 | 24055.87 | 0.78 | 311.53 | 45.85 | 6407.97 | 3.84 | 18.95 | 8.77 |
| IRB | 19.07 | 24.14 | 23032.75 | 1.36 | 3062.70 | 1412.58 | 21372.72 | 918.25 | 7.72 | 53.93 |
| CEMPRO | 1268.60 | 36.23 | 21792.97 | 0.24 | 140.83 | 2.64 | 2720.92 | 7.02 | 33.53 | 10.09 |
| ENGINERSIN | 273.15 | 19.58 | 15352.19 | 1.83 | 157.94 | 141.49 | 819.84 | -5.80 | 30.94 | 20.61 |
| TECHNOE | 983.20 | 26.53 | 11434.57 | 0.71 | 93.33 | -31.44 | 630.34 | 19.84 | 14.86 | 15.79 |
| WELENT | 782.45 | 35.43 | 10830.19 | 0.38 | 56.36 | -44.29 | 773.72 | -8.44 | 16.44 | 19.49 |
| IRCON | 115.10 | 20.67 | 10825.34 | 1.65 | 92.03 | -43.92 | 1955.83 | 9.49 | 10.15 | 9.81 |
| KEC | 392.85 | 18.89 | 10457.67 | 1.40 | 72.62 | -41.72 | 5023.54 | 0.01 | 16.35 | 5.79 |
| AFCONS | 274.30 | 69.72 | 10088.33 | 0.73 | 30.30 | -77.95 | 2671.00 | -20.75 | 12.88 | 9.42 |
| NCC | 145.55 | 13.06 | 9138.31 | 1.51 | 228.90 | 11.85 | 5811.83 | 12.22 | 16.77 | 9.43 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,334 | 3,126 | 3,636 | 3,154 | 2,960 | 3,211 | 3,223 | 3,370 | 2,988 | 2,976 | 2,614 | 2,671 | |
| 3,002 | 2,751 | 3,282 | 2,801 | 2,615 | 2,847 | 2,930 | 2,935 | 2,660 | 2,565 | 2,571 | 2,676 | |
| Operating Profit | 332 | 374 | 355 | 353 | 344 | 364 | 294 | 435 | 329 | 410 | 43 | -5 |
| OPM % | 9.95% | 11.98% | 9.76% | 11.21% | 11.64% | 11.35% | 9.11% | 12.92% | 11.00% | 13.79% | 1.64% | -0.19% |
| 100 | 56 | 173 | 59 | 130 | 121 | 164 | 49 | 113 | -27 | 163 | 56 | |
| Interest | 157 | 129 | 176 | 147 | 164 | 169 | 150 | 162 | 170 | 167 | 175 | 173 |
| Depreciation | 114 | 124 | 146 | 130 | 120 | 117 | 124 | 139 | 122 | 93 | 100 | 84 |
| Profit before Tax | 160 | 178 | 207 | 135 | 191 | 200 | 184 | 183 | 149 | 123 | -69 | 51 |
| Tax % | 34.84% | 38.53% | 29.89% | 32.38% | 28.98% | 25.51% | 39.73% | 25.07% | 29.59% | 21.32% | -28.58% | 40.11% |
| Net Profit | 0 | 0 | 0 | 0 | 135 | 149 | 111 | 137 | 105 | 97 | -89 | 30 |
| 3.06 | 3.22 | 4.25 | 2.69 | 3.97 | 4.05 | 3.02 | 3.74 | 2.85 | 2.63 | -2.41 | 0.82 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 6,305 | 6,551 | 8,727 | 9,934 | 9,376 | 11,019 | 12,637 | 13,268 | 12,548 | 11,948 | 11,249 | |
| 5,728 | 5,937 | 8,023 | 9,124 | 8,513 | 10,083 | 11,327 | 11,902 | 11,211 | 10,781 | 10,472 | |
| Operating Profit | 577 | 614 | 704 | 810 | 862 | 936 | 1,311 | 1,365 | 1,337 | 1,167 | 777 |
| OPM % | 9.15% | 9.38% | 8.06% | 8.16% | 9.20% | 8.50% | 10.37% | 10.29% | 10.66% | 9.77% | 6.90% |
| 101 | 137 | 149 | 196 | 146 | 251 | 207 | 379 | 493 | 347 | 304 | |
| Interest | 302 | 306 | 285 | 391 | 468 | 425 | 447 | 577 | 629 | 674 | 685 |
| Depreciation | 169 | 201 | 249 | 240 | 250 | 355 | 472 | 495 | 491 | 454 | 399 |
| Profit before Tax | 207 | 244 | 319 | 376 | 290 | 407 | 599 | 673 | 710 | 387 | 254 |
| Tax % | 26.18% | 32.78% | 26.57% | 34.06% | 41.52% | 12.04% | 31.42% | 33.13% | 31.44% | 35.17% | 43.45% |
| Net Profit | 153 | 164 | 234 | 248 | 170 | 358 | 411 | 450 | 487 | 251 | 144 |
| EPS | 4.50 | 4.82 | 6.88 | 7.27 | 4.99 | 10.49 | 12.06 | 13.20 | 13.24 | 6.84 | — |
| Dividend Payout % | 14.00% | 14.51% | 10.49% | 10.26% | 15.09% | 7.07% | 7.01% | 18.94% | 18.89% | 29.25% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 11%
- 5 Years:
- 5%
- 3 Years:
- -2%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 12%
- 5 Years:
- 9%
- 3 Years:
- -15%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -42%
RETURN ON EQUITY
- 10 Years:
- 13%
- 5 Years:
- 13%
- 3 Years:
- 10%
- Last Year:
- 5%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 72 | 72 | 72 | 72 | 72 | 72 | 72 | 341 | 368 | 368 | |
| Minority Interest | -0 | -10 | -16 | -13 | -11 | -9 | 2 | 2 | 2 | 1 |
| 1,101 | 1,269 | 1,501 | 1,721 | 1,868 | 2,190 | 2,654 | 3,255 | 4,893 | 5,061 | |
| 2,634 | 2,694 | 3,610 | 4,172 | 3,597 | 3,839 | 3,541 | 4,258 | 4,821 | 5,968 | |
| Trade Payables | 1,487 | 1,843 | 2,496 | 3,361 | 2,976 | 2,697 | 3,508 | 4,326 | 3,541 | 4,043 |
| 1,937 | 2,437 | 2,931 | 4,005 | 4,225 | 4,538 | 4,904 | 4,414 | 3,974 | 4,233 | |
| Total Liabilities | 7,230 | 8,306 | 10,594 | 13,317 | 12,728 | 13,327 | 14,681 | 16,595 | 17,598 | 19,672 |
| 1,632 | 1,601 | 1,691 | 1,938 | 2,003 | 2,318 | 2,498 | 2,784 | 2,738 | 2,499 | |
| Capital Work in Progress | 21 | 22 | 31 | 18 | 146 | 18 | 184 | 43 | 33 | 901 |
| 100 | 3 | 3 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | |
| 559 | 558 | 857 | 1,067 | 938 | 1,270 | 1,586 | 1,627 | 1,010 | 1,017 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,121 | 2,779 | 3,432 | |
| Cash & Bank | 189 | 154 | 343 | 639 | 711 | 526 | 377 | 666 | 771 | 886 |
| 4,730 | 5,968 | 7,670 | 9,656 | 8,930 | 9,194 | 10,036 | 8,354 | 10,266 | 10,938 | |
| Total Assets | 7,230 | 8,306 | 10,594 | 13,317 | 12,728 | 13,327 | 14,681 | 16,595 | 17,598 | 19,672 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 557 | 769 | 878 | 1,172 | 977 | 727 | 1,315 | 707 | -132 | -127 | |
| Cash from Investing | -137 | -70 | -216 | -390 | -278 | -251 | -870 | -859 | -131 | -402 |
| Cash from Financing | -354 | -678 | -353 | -455 | -564 | -521 | -483 | 246 | 290 | 473 |
| 18 | -34 | 191 | 205 | 88 | -161 | -137 | 94 | 26 | -56 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-08-26 - Afcons Infrastructure Limited has informed the Exchange about, Investors Group/Analyst meet Meeting
2026-08-24 - Afcons Infrastructure Limited has informed the Exchange about the receipt of Arbitration Award in favour of the Company.
2026-08-20 - Afcons Infrastructure Limited has informed the Exchange about Credit Rating
2026-08-13 - Afcons Infrastructure Limited has informed the Exchange about Transcript
2026-08-10 - Afcons Infrastructure Limited has informed the Exchange about the Audio recording link of Earning Conference Call on Un-Audited Financial Results for Quarter ended June 30, 2026
2026-08-08 - Afcons Infrastructure Limited has informed the Exchange about Copy of Newspaper Publication w.r.t containing publication of unaudited Financial Result for the Quarter ended June 30, 2026
2026-08-07 - Afcons Infrastructure Limited has informed the Exchange about Investor Presentation on the Unaudited Financial Results for the Quarter ended June 30, 2026
2026-08-07 - Afcons Infrastructure Limited has informed the Exchange regarding a press release dated August 07, 2026, titled " Unaudited Financial Results for the Quarter ended June 30, 2026.".
2026-08-07 - Afcons Infrastructure Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
News
Recent coverage and analyst commentary for AFCONS
Loading news…
AI Stock Analyst
Afcons Infrastructure Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account