Afcons Infrastructure Limited has informed the Exchange about Transcript
AFCONS · price
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Afcons reported Q1 FY26 total income of INR 3,419 crores, up 6.4% year-on-year, with EBITDA at INR 445 crores (13% margin, up 140 basis points) and profit after tax of INR 137 crores (up ~50% YoY at 4% margin). Management maintained its full-year guidance of 20-25% revenue growth, ~11% EBITDA margin and INR 20,000 crores in order inflow. Unexecuted order book stood at INR 35,311 crores as of June 30, with an additional INR 21,556 crores in L1 position including first-ever entry into Europe via three Croatia road/rail projects. The company shared a two-year addressable pipeline of about INR 3.35 lakh crores, led by urban infrastructure (INR 1.4 lakh crores), hydro/underground/water (INR 80,000 crores), surface transport (INR 70,000 crores) and marine (INR 46,000 crores). Key watchpoints include TBM delivery delays on the Mumbai-Ahmedabad High-Speed Rail project and stuck receivables of around INR 422 crores in the UP Jal Jeevan Mission.
Strong Q1 print and a robust order book plus pipeline support the growth story, while the Croatia entry and continued internationalisation (target 30% of pending order book from overseas) are positive medium-term signals. Near-term, working-capital stretch, slower client payments and HSR TBM uncertainty remain the main risks for the stock.