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This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →

AFCONSBSEAFCONS INFRASTRUCTURE LTD· ConstructionHighNeutral
Announced Wed, 4 Nov, 2026 · 19:17 IST

Consolidated Q2 FY27 (Sep 2026): revenue down 11.8 percent, PAT down to Rs 41.09 crore

Revenue declinedEBITDA margin compressionEmphasis of matterNegative operating cash flowResults View source PDFExplain this filing

AFCONS · price

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Nifty Smallcap 250market+0.8%+3.5% vs market
Civil Construction peers, median of 97sector+1.2%+3.1% vs sector

On the reaction day the stock moved 3.5 pts more than Nifty Smallcap 250 and 3.1 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Consolidated Q2 FY27 (quarter ended Sep 30, 2026): revenue fell 11.8 percent to Rs 2,635.25 crore from Rs 2,988.39 crore a year earlier; PAT fell to Rs 41.09 crore from Rs 105.08 crore, with EBITDA margin down to about 3.5 percent from 11.0 percent. Standalone Q2 PAT was Rs 131.84 crore. Half-year consolidated PAT was Rs 71.39 crore; standalone operating cash flow was negative Rs 368.83 crore. Auditors highlighted arbitration claim risks.

Likely market impact

Lower revenue, thinner margins and cash burn may weigh on sentiment; unresolved arbitration claims add risk.

By the numbersConsolidated · Q2 FY27 vs Q2 FY26
Q2 FY27Q2 FY26Change
Revenue₹2,635 Cr₹2,988 Cr−11.8%
Operating profit−₹188.6 Cr₹36.70 Cr−614.0%
Profit after tax₹41.09 Cr₹105.1 Cr−60.9%
EBITDA margin3.5%11.0%−7.5 pp

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.