Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,334 | 3,126 | 3,636 | 3,154 | 2,960 | 3,211 | 3,223 | 3,370 | 2,988 | 2,976 | 2,614 | 2,671 |
| Expenses | 3,002 | 2,751 | 3,282 | 2,801 | 2,615 | 2,847 | 2,930 | 2,935 | 2,660 | 2,565 | 2,571 | 2,420 |
| Operating Profit | 332 | 374 | 355 | 353 | 344 | 364 | 294 | 435 | 329 | 410 | 43 | 251 |
| OPM % | 10% | 12% | 10% | 11% | 12% | 11% | 9% | 13% | 11% | 14% | 1.6% | 9% |
| Other Income | 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 % | 35% | 39% | 30% | 32% | 29% | 26% | 40% | 25% | 30% | 21% | 29% | 40% |
| Net Profit | 104 | 110 | 145 | 92 | 135 | 149 | 111 | 137 | 105 | 97 | -89 | 30 |
| EPS in Rs | 14.47 | 15.24 | 4.25 | 2.69 | 3.97 | 4.05 | 3.02 | 3.74 | 2.87 | 2.64 | -2.40 | 0.83 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 9,934 | 9,376 | 11,019 | 12,637 | 13,268 | 12,548 | 11,948 | 11,249 |
| Expenses | 9,113 | 8,505 | 10,076 | 11,305 | 11,890 | 11,187 | 10,708 | 10,216 |
| Operating Profit | 821 | 870 | 943 | 1,333 | 1,377 | 1,361 | 1,241 | 1,033 |
| OPM % | 8% | 9% | 9% | 11% | 10% | 11% | 10% | 9% |
| Other Income | 186 | 138 | 244 | 185 | 367 | 469 | 274 | 304 |
| Interest | 391 | 468 | 425 | 447 | 577 | 629 | 674 | 685 |
| Depreciation | 240 | 250 | 355 | 472 | 495 | 491 | 454 | 399 |
| Profit before tax | 376 | 290 | 407 | 599 | 673 | 710 | 387 | 254 |
| Tax % | 34% | 42% | 12% | 31% | 33% | 31% | 35% | |
| Net Profit | 248 | 170 | 358 | 411 | 450 | 487 | 251 | 144 |
| EPS in Rs | 34.12 | 23.20 | 49.51 | 57.09 | 13.20 | 13.24 | 6.84 | 3.94 |
| Dividend Payout % | 10% | 15% | 7% | 7% | 19% | 19% | 29% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 5% | -2% | -12% | ||
| Compounded Profit Growth | % | 12% | -11% | -62% | ||
| Stock Price CAGR | % | % | % | -46% | ||
| Return on Equity | % | 12% | 10% | 6% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 72 | 72 | 72 | 72 | 341 | 368 | 368 |
| Reserves | 1,721 | 1,868 | 2,190 | 2,654 | 3,255 | 4,893 | 5,082 |
| Borrowings | 2,118 | 2,066 | 2,073 | 2,062 | 2,523 | 2,343 | 3,627 |
| Other Liabilities | 9,186 | 8,484 | 8,638 | 9,513 | 10,114 | 9,515 | 10,054 |
| Total Liabilities | 13,097 | 12,490 | 12,974 | 14,301 | 16,234 | 17,119 | 19,131 |
| Fixed Assets | 1,938 | 2,003 | 2,318 | 2,498 | 2,784 | 2,738 | 2,499 |
| CWIP | 18 | 146 | 18 | 184 | 43 | 33 | 901 |
| Investments | 0 | 0 | 1 | 0 | 1 | 1 | 1 |
| Other Assets | 11,141 | 10,341 | 10,638 | 11,619 | 13,406 | 14,348 | 15,730 |
| Total Assets | 13,097 | 12,490 | 12,974 | 14,301 | 16,234 | 17,119 | 19,131 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1,050 | 929 | 610 | 1,215 | 707 | -132 | -127 |
| Cash from Investing Activity | -390 | -275 | -255 | -861 | -859 | -131 | -400 |
| Cash from Financing Activity | -455 | -564 | -521 | -483 | 246 | 290 | 473 |
| Net Cash Flow | 205 | 90 | -165 | -128 | 94 | 27 | -54 |
| Free Cash Flow | 651 | 441 | 259 | 306 | 25 | -470 | -491 |
| CFO/OP | 143% | 112% | 77% | 99% | 70% | 8% | 9% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 91 | 100 | 76 | 63 | 86 | 81 | 105 |
| Inventory Days | 146 | 135 | 146 | 150 | 148 | 112 | 130 |
| Days Payable | 458 | 427 | 310 | 332 | 393 | 393 | 519 |
| Cash Conversion Cycle | -222 | -192 | -88 | -119 | -160 | -200 | -283 |
| Working Capital Days | 8 | -1 | 2 | 10 | 12 | 65 | 63 |
| ROCE % | 19% | 20% | 23% | 23% | 20% | 14% |
| Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|
| Promoters | 50.17% | 50.17% | 50.17% | 50.17% | 50.17% | 50.17% | 50.17% |
| FIIs | 18.00% | 18.21% | 15.80% | 12.81% | 12.81% | 12.19% | 12.15% |
| DIIs | 11.12% | 12.07% | 14.53% | 17.94% | 19.60% | 20.96% | 20.07% |
| Public | 20.71% | 19.55% | 19.50% | 19.06% | 17.40% | 16.69% | 17.62% |
| No. of Shareholders | 2,82,920 | 2,68,890 | 2,66,041 | 2,56,969 | 2,45,226 | 2,37,539 | 2,40,266 |
Fundamentals
Market Cap₹ 9,014 Cr.
Current Price₹ 245
Stock P/E44.0
Book Value₹ 148
ROCE13.9 %
ROE5.61 %
Dividend Yield0.82 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-12%
Compounded Profit Growth (TTM)-62%
Consolidated figures.
Valuation
Market capRs 8,915 Cr
Enterprise valueRs 10,600 Cr
P/E (TTM)61.61x
Price to book3.27x
Price to sales0.79x
EV / EBITDA7.92x
EV / EBIT11.29x
EV / sales0.94x
Price to cash flow7.33x
Earnings yield1.62%
Dividend yield0.32%
Profitability
Operating margin (excl. other income)10.55%
Operating margin (incl. other income)12.01%
EBITDA margin11.89%
Pre-tax margin2.26%
Net profit margin1.29%
Net margin, latest quarter1.15%
ROE16.48%
ROCE22.92%
ROA3.01%
ROE, 3-year average14.13%
ROCE, 3-year average20.67%
ROA, 3-year average2.37%
ROIC (approx.)14.60%
Tax rate31.42%
Other income / net worth6.78%
Growth
Sales growth (latest year)14.69%
Profit growth (latest year)15.30%
Sales CAGR, 3 years8.35%
Profit CAGR, 3 years18.71%
Sales growth QoQ2.19%
Sales growth YoY (latest quarter)-20.75%
Profit growth YoY (latest quarter)-77.73%
Per share
EPS (TTM)Rs 3.93
EPS (latest year)Rs 57.09
EPS (latest quarter)Rs 0.83
EPS, 3-year averageRs 43.27
Book value per shareRs 74.11
Sales per shareRs 305.86
Cash flow per shareRs 33.05
Free cash flow per shareRs -13.35
Dividend per share (latest year)Rs 4.00
Dividend per share, 3-year averageRs 3.67
Dividends
Dividend payout7.01%
Dividend payout, 3-year average9.72%
Efficiency
Asset turnover0.88x
Fixed asset turnover5.06x
Inventory turnover5.77x
Inventory days63 days
Debtor days63 days
Debtors turnover5.75x
Creditor days519 days
Cash conversion cycle-283 days
Working capital days63 days
Leverage
Total debtRs 2,062 Cr
Cash and bankRs 377 Cr
Net debtRs 1,685 Cr
Debt to equity0.76x
Net debt / EBITDA1.26x
Interest coverage1.37x
Current ratio (filing 2026-03-31)1.29x
Quick ratio (filing 2026-03-31)1.19x
Trade payables (filing 2026-03-31)Rs 4,043 Cr
Owners' fund to total sources19.06%
Debt to assets14.42%
Cash flow
Cash from Operating Activity (latest year)Rs 1,215 Cr
Cash from Investing Activity (latest year)Rs -861 Cr
Cash from Financing Activity (latest year)Rs -483 Cr
Net Cash Flow (latest year)Rs -128 Cr
Free cash flow (latest year)Rs -491 Cr
FCFE (approx.: FCF + change in debt)Rs -502 Cr
Cash from ops / profit, 5 years1.16x
Sales to cash flow10.40x
Statement figures
Net sales (TTM)Rs 11,249 Cr
Net sales (latest year)Rs 12,637 Cr
Sales (latest quarter)Rs 2,671 Cr
Operating profit excl. other income (latest year)Rs 1,333 Cr
Operating profit (latest quarter)Rs 251 Cr
Other income (TTM)Rs 304 Cr
EBITDA (TTM)Rs 1,338 Cr
PBDT (TTM)Rs 653 Cr
Profit before tax (TTM)Rs 254 Cr
Tax (latest year)Rs 188 Cr
Net profit (TTM)Rs 145 Cr
Net profit (latest year)Rs 411 Cr
Net profit (latest quarter)Rs 31 Cr
Depreciation (TTM)Rs 399 Cr
Depreciation (latest quarter)Rs 84 Cr
Interest (TTM)Rs 685 Cr
Cost of goods sold (latest year)Rs 9,146 Cr
Total expenditure (latest year)Rs 11,305 Cr
Total income (latest year)Rs 12,822 Cr
Share capitalRs 72 Cr
ReservesRs 2,654 Cr
Shareholders' fundsRs 2,726 Cr
Total assetsRs 14,301 Cr
Net blockRs 2,498 Cr
Capital work in progressRs 184 Cr
InvestmentsRs 0 Cr
ReceivablesRs 2,197 Cr
InventoryRs 1,586 Cr
Other liabilitiesRs 9,513 Cr
Shares outstanding (crore)36.78
Ownership
Promoter holding50.17% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 61.6 is at the 75th percentile of its own 2.0-year range
(median 31.4, low 22.2, high 120.1).
P/B 3.27 is the lowest in 2.0 years (median 6.49).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | AFCONS | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.5% | -2.8% | -1.7 pts |
| 1 month | -15.0% | -6.8% | -8.2 pts |
| 3 months | -22.3% | -7.6% | -14.7 pts |
| 6 months | -10.8% | +0.4% | -11.2 pts |
| 1 year | -45.4% | -9.9% | -35.4 pts |
59 mutual fund schemes hold about ₹1,819 Cr.
Over three months 56 bought more and 3 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| SBI Small Cap Fund | 1.07% | 455 | +11% |
| Nippon India Small Cap Fund | 0.23% | 191 | +12% |
| Quant Small Cap Fund | 0.53% | 190 | +8% |
| ICICI Pru Infrastructure Fund | 2.06% | 176 | +18% |
| ICICI Pru Multi Asset Allocation Fund | 0.17% | 151 | +14% |
| Quant Infrastructure Fund | 3.90% | 123 | +19% |
| Nippon India Multi Cap Fund | 0.12% | 70 | +14% |
| Aditya Birla SL Large Cap Fund | 0.23% | 69 | +15% |
| Nippon India Power & Infra Fund | 0.81% | 65 | +48% |
| Invesco India Contra Fund | 0.30% | 62 | +14% |
| Tata Multi Asset Allocation Fund | 0.72% | 38 | +43% |
| Quant ELSS Tax Saver Fund | 0.26% | 35 | +15% |
| SBI Multi Asset Allocation Fund(A | 0.11% | 23 | +9% |
| Tata Infrastructure Fund | 1.06% | 22 | +23% |
| SBI Conservative Hybrid Fund(Q | 0.21% | 22 | +17% |
| Tata Infrastructure Fund | 1.06% | 21 | +23% |
| Invesco India Infrastructure Fund | 1.29% | 20 | +7% |
| LIC MF Infra Fund | 1.42% | 17 | +14% |
| Aditya Birla SL Infrastructure Fund | 0.86% | 11 | +16% |
| HDFC Dividend Yield Fund | 0.13% | 7 | +19% |
| Nippon India Nifty Smallcap 250 Index Fund | 0.20% | 7 | +14% |
| Nippon India Retirement Fund-Wealth Creation | 0.20% | 6 | +16% |
| Helios Small Cap Fund | 0.33% | 5 | -16% |
| Qsif Equity Ex-Top 100 Long-Short Fund | 0.99% | 4 | +100% |
| HDFC Business Cycle Fund | 0.14% | 4 | +14% |
Red flags
F-score 8 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹2,671 Cr -20.7% vs Jun 2025.
Net profit ₹30 Cr -78.1%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Larsen & Toubro Ltd | 515,837 | 29.3 | 14.6 % |
| Rail Vikas Nigam Ltd | 41,263 | 45.9 | 10.8 % |
| Kalpataru Projects International Ltd | 23,312 | 21.0 | 18.3 % |
| NBCC (India) Ltd | 21,063 | 30.8 | 29.3 % |
| Cemindia Projects Ltd | 21,015 | 34.9 | 32.8 % |
| IRB Infrastructure Developers Ltd | 20,508 | 20.8 | 7.47 % |
| Engineers India Ltd | 17,435 | 22.2 | 30.4 % |
| Central Mine Planning & Design Institute Ltd | 15,217 | 23.3 | 38.1 % |
| Techno Electric & Engineering Company Ltd | 11,748 | 22.8 | 15.2 % |
| Welspun Enterprises Ltd | 10,302 | 29.1 | 16.7 % |
| KEC International Ltd | 10,072 | 16.8 | 16.5 % |
| Ircon International Ltd | 9,637 | 18.4 | 9.27 % |
| Rites Ltd | 9,242 | 22.1 | 23.0 % |
| NCC Ltd | 8,053 | 11.2 | 16.8 % |
| G R Infraprojects Ltd | 7,898 | 8.41 | 11.9 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-07-23 | Dividend - Rs 2 Per Share | |
| 2025-07-18 | Dividend - Rs 2.50 Per Share |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)The Overall encumbered share in the scrip is more than 50 Percent.
Quick answers
What is the market cap of Afcons Infrastructure Ltd?
Afcons Infrastructure Ltd (AFCONS) has a market capitalisation of Rs 9,014 Cr. at the 2026-10-01 close.
What is the P/E ratio of Afcons Infrastructure Ltd?
Afcons Infrastructure Ltd trades at a P/E of 44.0 on trailing twelve-month profit, at the 2026-10-01 close.
What were Afcons Infrastructure Ltd's latest quarterly results?
In the Jun 2026 quarter, Afcons Infrastructure Ltd sales was Rs 2,671 Cr (-20.7% vs Jun 2025) and net profit was Rs 30 Cr.
What is the 52-week high and low of Afcons Infrastructure Ltd?
The 52-week high is Rs 479.40 and the 52-week low is Rs 225.35.