About
Afcons Infrastructure Limited, together with its subsidiaries, engages in infrastructure, engineering, and construction businesses in India and internationally. The company undertakes marine works, highways, bridges, metro works, power houses, tunnels, oil and gas, liquified natural gas tanks, and other general civil engineering projects. It also constructs ports and harbour jetties, dry docks, wet basins, breakwaters, outfall and intake structures, and material handling systems; roads, interchanges, mining-related infrastructure railways; and dams and barrages, and water and irrigation projects, as well as tunnels, such as road tunnels and underground works. The company also undertakes elevated and underground metro, flyovers, and elevated corridor works; and onshore and offshore oil and gas projects. Afcons Infrastructure Limited was formerly known as Asia Foundations and Constructions Limited and changed its name to Afcons Infrastructure Limited in August 1996. The company was founded in 1959 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap10,769 Cr
P/E52.60
Div Yield0.68 %
Book Value₹148.00
52w High₹479.00
52w Low₹259.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,671.00 | 2,614.00 | 2,974.00 | 2,988.00 | 3,363.00 | 3,219.00 | 3,205.00 | 2,947.00 | 3,130.00 | 3,557.00 | 3,047.00 | 3,205.00 |
| Expenses | 2,414.00 | 2,550.00 | 2,551.00 | 2,650.00 | 2,930.00 | 2,858.00 | 2,821.00 | 2,599.00 | 2,762.00 | 3,214.00 | 2,662.00 | 2,878.00 |
| Operating Profit | 256.00 | 63.00 | 423.00 | 338.00 | 434.00 | 360.00 | 384.00 | 348.00 | 368.00 | 344.00 | 385.00 | 327.00 |
| OPM % | 10.00 | 2.40 | 14.00 | 11.00 | 13.00 | 11.00 | 12.00 | 12.00 | 12.00 | 10.00 | 13.00 | 10.00 |
| Other Income | 56.00 | 167.00 | -31.00 | 109.00 | 48.00 | 161.00 | 119.00 | 131.00 | 56.00 | 168.00 | 60.00 | 94.00 |
| Depreciation | 83.00 | 99.00 | 93.00 | 122.00 | 138.00 | 124.00 | 117.00 | 119.00 | 130.00 | 145.00 | 123.00 | 113.00 |
| Interest | 173.00 | 175.00 | 167.00 | 170.00 | 162.00 | 149.00 | 169.00 | 163.00 | 147.00 | 175.00 | 128.00 | 158.00 |
| Profit before tax | 57.00 | -43.00 | 131.00 | 156.00 | 182.00 | 248.00 | 218.00 | 196.00 | 147.00 | 191.00 | 194.00 | 150.00 |
| Tax % | 35.00 | 45.00 | 20.00 | 28.00 | 25.00 | 29.00 | 23.00 | 28.00 | 30.00 | 32.00 | 35.00 | 37.00 |
| Net Profit | 37.00 | -63.00 | 105.00 | 112.00 | 136.00 | 175.00 | 167.00 | 140.00 | 104.00 | 130.00 | 125.00 | 94.00 |
| EPS in Rs | 1.00 | -1.71 | 2.86 | 3.05 | 3.69 | 4.77 | 4.53 | 4.12 | 3.04 | 3.80 | 17.38 | 13.11 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 11,938.00 | 12,500.00 | 12,907.00 | 12,467.00 | 10,499.00 | 8,931.00 | 9,255.00 | 7,732.00 | 5,805.00 | 5,740.00 | 4,175.00 | 3,013.00 |
| Expenses | 10,657.00 | 11,036.00 | 11,545.00 | 11,126.00 | 9,729.00 | 8,183.00 | 8,499.00 | 7,210.00 | 5,244.00 | 5,261.00 | 3,723.00 | 2,763.00 |
| Operating Profit | 1,281.00 | 1,464.00 | 1,363.00 | 1,340.00 | 770.00 | 748.00 | 756.00 | 522.00 | 561.00 | 479.00 | 452.00 | 250.00 |
| OPM % | 11.00 | 12.00 | 11.00 | 11.00 | 7.00 | 8.00 | 8.00 | 7.00 | 10.00 | 8.00 | 11.00 | 8.00 |
| Other Income | 270.00 | 462.00 | 370.00 | 196.00 | 287.00 | 216.00 | 243.00 | 199.00 | 145.00 | 100.00 | 130.00 | 155.00 |
| Interest | 673.00 | 628.00 | 577.00 | 444.00 | 423.00 | 466.00 | 386.00 | 277.00 | 302.00 | 299.00 | 269.00 | 179.00 |
| Depreciation | 452.00 | 489.00 | 491.00 | 469.00 | 351.00 | 245.00 | 234.00 | 235.00 | 195.00 | 166.00 | 155.00 | 125.00 |
| Profit before tax | 426.00 | 809.00 | 665.00 | 623.00 | 283.00 | 253.00 | 378.00 | 210.00 | 209.00 | 114.00 | 158.00 | 101.00 |
| Tax % | 32.00 | 28.00 | 34.00 | 34.00 | 8.00 | 50.00 | 36.00 | 40.00 | 38.00 | 34.00 | 44.00 | 22.00 |
| Net Profit | 290.00 | 586.00 | 442.00 | 410.00 | 259.00 | 126.00 | 242.00 | 125.00 | 129.00 | 75.00 | 88.00 | 79.00 |
| EPS in Rs | 7.88 | 15.94 | 12.98 | 56.92 | 36.03 | 17.50 | 33.61 | 17.38 | 17.90 | 10.44 | 12.19 | 10.97 |
| Dividend Payout % | 25.00 | 16.00 | 19.00 | 7.00 | 10.00 | 20.00 | 10.00 | 20.00 | 20.00 | 29.00 | 25.00 | 14.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 368.00 | 368.00 | 341.00 | 72.00 | 72.00 | 72.00 | 72.00 | 72.00 | 72.00 | 72.00 | 72.00 | 72.00 |
| Reserves | 4,634.00 | 4,459.00 | 2,735.00 | 2,147.00 | 2,167.00 | 1,498.00 | 1,394.00 | 1,211.00 | 1,088.00 | 982.00 | 939.00 | 584.00 |
| Borrowings | 3,645.00 | 2,359.00 | 2,538.00 | 2,077.00 | 1,629.00 | 2,061.00 | 2,101.00 | 2,023.00 | 2,109.00 | 2,462.00 | 2,509.00 | 1,862.00 |
| Other Liabilities | 10,033.00 | 9,490.00 | 9,998.00 | 9,342.00 | 8,532.00 | 8,213.00 | 8,865.00 | 6,452.00 | 4,333.00 | 3,321.00 | 3,038.00 | 1,911.00 |
| Total Liabilities | 18,680.00 | 16,675.00 | 15,611.00 | 13,638.00 | 12,400.00 | 11,844.00 | 12,431.00 | 9,757.00 | 7,602.00 | 6,836.00 | 6,559.00 | 4,429.00 |
| Fixed Assets | 2,487.00 | 2,725.00 | 2,770.00 | 2,447.00 | 2,305.00 | 1,985.00 | 1,912.00 | 1,659.00 | 1,566.00 | 1,611.00 | 1,479.00 | 899.00 |
| CWIP | 901.00 | 33.00 | 43.00 | 184.00 | 18.00 | 146.00 | 18.00 | 31.00 | 22.00 | 21.00 | 124.00 | 174.00 |
| Investments | 20.00 | 20.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 109.00 | 113.00 | 99.00 |
| Other Assets | 15,273.00 | 13,897.00 | 12,786.00 | 10,995.00 | 10,065.00 | 9,701.00 | 10,490.00 | 8,056.00 | 6,003.00 | 5,095.00 | 4,843.00 | 3,256.00 |
| Total Assets | 18,680.00 | 16,675.00 | 15,611.00 | 13,638.00 | 12,400.00 | 11,844.00 | 12,431.00 | 9,757.00 | 7,602.00 | 6,836.00 | 6,559.00 | 4,429.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -135.00 | -117.00 | 813.00 | 1,198.00 | 570.00 | 794.00 | 824.00 |
| Cash from Investing Activity | -396.00 | -139.00 | -891.00 | -820.00 | -211.00 | -181.00 | -334.00 |
| Cash from Financing Activity | 476.00 | 292.00 | 246.00 | -471.00 | -516.00 | -543.00 | -406.00 |
| Net Cash Flow | -54.00 | 35.00 | 168.00 | -94.00 | -157.00 | 70.00 | 84.00 |
| Free Cash Flow | -498.00 | -454.00 | 101.00 | 330.00 | 218.00 | 345.00 | 428.00 |
| CFO/OP % | 8.00 | 8.00 | 78.00 | 97.00 | 89.00 | 113.00 | 125.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 101.00 | 79.00 | 84.00 | 60.00 | 76.00 | 97.00 | 90.00 | 88.00 | 83.00 | 45.00 | 42.00 | 71.00 |
| Inventory Days | 128.00 | 110.00 | 148.00 | 150.00 | 152.00 | 132.00 | 145.00 | 164.00 | 104.00 | 93.00 | 149.00 | 905.00 |
| Days Payable | 523.00 | 395.00 | 392.00 | 328.00 | 317.00 | 433.00 | 443.00 | 445.00 | 328.00 | 241.00 | 350.00 | 556.00 |
| Cash Conversion Cycle | -294.00 | -207.00 | -161.00 | -119.00 | -89.00 | -204.00 | -207.00 | -194.00 | -140.00 | -103.00 | -158.00 | 421.00 |
| Working Capital Days | 56.00 | 60.00 | 1.00 | 3.00 | -3.00 | -6.00 | 6.00 | 78.00 | 116.00 | 98.00 | 133.00 | 149.00 |
| ROCE % | 15.00 | 23.00 | 25.00 | 27.00 | 19.00 | 20.00 | 22.00 | 15.00 | 15.00 | 12.00 | 14.00 | 11.00 |
Corporate Actions
2 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 23 Jul 2026 | 23 Jul 2026 | — | 2.00 | |
| Dividend | 18 Jul 2025 | 18 Jul 2025 | — | 2.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update19 Aug from crisil
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Rating update14 May from crisil
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Rating update25 Feb from crisil
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Rating update6 Feb from crisil
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Rating update24 Sep 2025 from icra
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Rating update22 Aug 2025 from crisil