On October 10, 2025, Afcons Infrastructure reached a new 52-week high of ₹479.1, surpassing its previous peak. This significant rise comes after hitting a low of ₹265.9 on March 23, 2026.
Afcons Infrastructure Limited
AFCONSPrice History
Recent Discussions
On May 27th, AFCONS Infra is set to have a meeting with Madhu Kela from M.K Ventures. This discussion could potentially mark the start of new collaborative efforts between the two parties.
Afcons Infrastructure has decided against providing revenue and EBITDA guidance for the upcoming fiscal year, citing uncertainties in global politics as a major factor. The company attributes the challenges it faces to extended project approval timelines and ongoing projects.
Afcons Infrastructure aims to secure a whopping INR 30,000 crore in contracts by FY27, with about INR 15,000 crore already having clear visibility and being strong contenders for the top bid positions.
Afcons Infrastructure has announced a planned capital expenditure of ₹725 crores for the fiscal year ending 2027, with a focus on reducing corporate debt. The company aims to optimize working capital days, potentially freeing up around ₹1,000 crores in receivables by June.
Despite a weak Q4FY26 performance, Nomura continues to endorse Afcons Infra with a target price of INR 417. This decision is backed by a promising order pipeline worth INR 4 trillion, expected FY27 inflows of INR 300 billion, and an impressive earnings growth rate of 37% from FY26 to FY29.
Axis Trustee Services has promised to offer 20% of Afcons Infrastructure shares to their debenture holders, which increases the company's encumbered shares to 25.03%. As previously reported, Afcons already had 9.2 crore shares pledged, making up a significant portion of their total shares.
Afcons Infrastructure shares dropped by 10% following the announcement of a significant Q4 loss of approximately 89 crore rupees, contrasting last year's profit of 111 crores. However, the company maintains a strong position with an order book valued at nearly 32,500 crore rupees and a net debt-to-equity ratio of just 0.5x, suggesting stability for the future.
Afcons Infrastructure's Q4 EBITDA fell significantly, from ₹3.6 billion last year to just ₹633 million, resulting in a narrowed margin of 2.4%. This represents a significant decrease compared to the previous year's 11.2% margin.
Afcons Infrastructure reported a Q4 profit of ₹89 crore in FY26, bringing the total annual profit to ₹251 crore. The company's revenue for the fiscal year was ₹12,322 crore, and the order book currently stands at an impressive ₹32,496 crore. However, the EBITDA margin has experienced a decline in FY26.
Afcons Infrastructure's proposals for Croatian road projects surpassed the project budget, leading to the cancellation of the tenders. The company had been the lowest bidder for these tenders.
Afcons Infra will convene a board meeting on May 18, 2026, to discuss their Q4 and FY26 financial results, including potential dividend distribution and seeking approval for fundraising through NCDs. Additionally, they plan to provide updates regarding the closure of their trading window.
Afcons Infrastructure secures a significant €986 million (approximately 7,544 crore INR) contract for a European rail track project, positioning them as the lowest bidder.
Afcons Infrastructure shares surge by 4%, following their successful bid as the lowest bidder for a large-scale project worth INR 7,544 crores. This positive development is likely to boost the company's future prospects.
Afcons Infrastructure secures a significant entry into Europe's market by winning a €677.1M (approximately ₹7,544 Cr) railway project, marking their selection as the most suitable bidder for the rehabilitation and construction assignment.
Afcons Infrastructure secured a significant Rs 373 crore EPC contract for an urban infrastructure project in April 2026. The scope of work includes building civil infrastructure and utilizing tunnel boring machines (TBM). This venture falls under the Urban Infra business unit.