- Total income
- ₹13,023 Cr
- Profit
- ₹487 Cr
About Afcons
Afcons is a publicly listed company based in Mumbai (India) founded in 1959. Developer of oil gas, underground, and urban infrastructure. The company has 3,730 employees. Its website afcons.com draws about 22 thousand monthly visits. Its Indian entity Afcons Infrastructure Limited reported revenue of βΉ12,322 Cr. Afcons offers products and services including EPC Services, Bridge Construction, and Tunnel Construction. Its focus areas include Real Estate and Construction, Real Estate & Infrastructure Developers and Infrastructure. Its competitors include KNRCL, GPT Infraprojects and IRB Infrastructure Developers.
Company details
Afcons was established in 1959 in Mumbai, India, as a developer in the infrastructure sector. Oil and gas projects, underground constructions, and urban developments are handled by the company. Operations span various engineering services, with a focus on large-scale projects across India and select international locations. Leadership is provided by Managing Director Paramasivan Srinivasan, overseeing domain activities at afcons.com.
Afcons is ranked #209 on the Fortune India 500 (2025).
Recognitions & Rankings of Afcons
- Valuation
- ₹19,310 Cr
- Market Cap₹8,058 Cr
AFCONS · NSE
- Share Price₹214.10
-2.28% today
- Revenue₹11,948 Cr
FY 2025-26 · -4.8% YoY
- EBITDA₹1,141 Cr
Margin 9.6%
- Net Profit₹300 Cr
FY 2025-26 · -38.7% YoY
- P/E (TTM)56.4x
P/B 1.5x
- ROE5.6%
ROCE 10.5%
- Debt / Equity0.56
Interest cover 98.1x
- Latest Funding Round$342.31M (USD), Debt – Conventional
Sep 2020
- InvestorsState Bank of India
& 2 more
- Employee Count3,730
Associated legal entities of Afcons
Afcons is associated with 6 registered companies on The Company Check; the primary company is Afcons Infrastructure Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Afcons Infrastructure Limited Listed CIN L45200MH1976PLC019335 | Active | 22 Nov 1976 | Mumbai, Maharashtra | ₹12,322 Cr | 8,185 | 14 | View details |
| Afcons Corrosion Protection Private Limited CIN U28920MH1985PTC036876 | Active | 18 Jul 1985 | Mumbai, Maharashtra | ₹0.1 Cr | 3 | View details | |
| Afcons Sener Lng Construction Projects Private Limited CIN U45400MH2015PTC260889 | Active | 13 Jan 2015 | Mumbai, Maharashtra | 2 | View details | ||
| Afcons (Mid East) Constructions Investments Pvt Ltd CIN U45209MH1981PTC025099 | Active | 28 Aug 1981 | Mumbai, Maharashtra | ₹0.1 Cr | 33 | 2 | View details |
| Afcons Oil And Gas Services Private Limited CIN U11200MH2020PTC341618 | Active | 09 Jul 2020 | Mumbai, Maharashtra | 3 | View details | ||
| Afcons Hydrocarbons Engineering Private Limited CIN U11101MH1984PTC032807 | Active | 02 May 1984 | Mumbai, Maharashtra | ₹0.1 Cr | 3 | View details |
Products & Services of Afcons
Afcons offers a comprehensive portfolio of products and services, including EPC Services, Bridge Construction, and Tunnel Construction.
Engineering, procurement, and construction for infrastructure projects worldwide
Building complex bridges like the Chenab Railway Bridge
Developing tunnels for metro and highway systems
Apps and channels of Afcons
its YouTube channel AFCONS has 68K subscribers and 30 videos.
Videos from Afcons
The most watched videos on Afcons's YouTube channel, AFCONS (68K subscribers). Click a video to play it here.
More on AFCONS.
Funding Insights of Afcons
- Total Rounds 1
- Last Round Debt – Conventional β $342.31M
- First Round $342.31M
(Sep 2020)
- Investors Count 3
All 1 funding rounds of Afcons with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2020 | $342.31M | Debt – Conventional | β | β |
3 investors in total: 3 institutional.
Investors in Afcons
Afcons has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include State Bank of India, Bank of Baroda and Indian Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking and financial services are provided to diverse clients. | 1806 | sbi.co.in | Mumbai, India | |
Commercial banking services are offered across India since 1908. | 1908 | bankofbaroda.in | Vadodara, India | |
| indianbank.net.in |
Investor details for Afcons
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Afcons Infrastructure Limited (Afcons)
Afcons Infrastructure Limited is the primary company behind Afcons. The boards of the 6 registered companies of Afcons currently have 19 directors; the longest-serving is Paramasivan Srinivasan, appointed in 2002. 65 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Paramasivan Srinivasan DIN 00058445 | Managing Director | 10 Jun 2002 | 24 yrs 5 mo | Afcons Infrastructure Limited, Afcons Corrosion Protection Private Limited |
| Subramanian Krishnamurthy DIN 00047592 | Whole-time director | 15 Nov 2002 | 23 yrs 11 mo | Afcons Infrastructure Limited |
| Umesh Narain Khanna DIN 03634361 | Director | 22 Aug 2012 | 14 yrs 2 mo | Afcons Infrastructure Limited |
| Manivannan Venkataraman DIN 06914003 | Director | 14 Jul 2014 | 12 yrs 3 mo | Afcons Hydrocarbons Engineering Private Limited, Afcons Corrosion Protection Private Limited |
| Antonio Pacheco Manchado DIN 08217460 | Director | 07 Sep 2018 | 8 yrs 2 mo | Afcons Sener Lng Construction Projects Private Limited |
| Giridhar Rajagopalan DIN 02391515 | Managing Director | 01 Jul 2019 | 7 yrs 4 mo | Afcons Infrastructure Limited, Afcons Corrosion Protection Private Limited |
| Ramesh Kumar Jha DIN 08676642 | Director | 24 Jan 2020 | 6 yrs 9 mo | Afcons (Mid East) Constructions Investments Pvt Ltd, Afcons Oil And Gas Services Private Limited, Afcons Hydrocarbons Engineering Private Limited |
| Bhakti Vivek Prasad DIN 08786983 | Director | 09 Jul 2020 | 6 yrs 4 mo | Afcons Oil And Gas Services Private Limited |
| Ashwini Venkatesh DIN 03120739 | Director | 20 Sep 2021 | 5 yrs 1 mo | Afcons Sener Lng Construction Projects Private Limited |
| Sitaram Kunte DIN 02670899 | Director | 12 Mar 2024 | 2 yrs 7 mo | Afcons Infrastructure Limited |
| Rukhshana Jina Mistry DIN 08398795 | Director | 12 Mar 2024 | 2 yrs 7 mo | Afcons Infrastructure Limited |
| Anurag Kumar Sachan DIN 08197908 | Director | 12 Mar 2024 | 2 yrs 7 mo | Afcons Infrastructure Limited |
| Atul Sobti DIN 06715578 | Director | 24 Mar 2024 | 2 yrs 7 mo | Afcons Infrastructure Limited |
| Cherag Sarosh Balsara DIN 07030974 | Director | 24 Mar 2024 | 2 yrs 7 mo | Afcons Infrastructure Limited |
| Ezhilarasan Sadhasivam DIN 10727563 | Director | 01 Aug 2024 | 2 yrs 3 mo | Afcons (Mid East) Constructions Investments Pvt Ltd |
| Pallon Mistry DIN 05229734 | Director | 29 Aug 2025 | 1 yr 2 mo | Afcons Infrastructure Limited |
| Santosh Balachandran Nayar DIN 02175871 | Director | 25 Sep 2025 | 1 yr 1 mo | Afcons Infrastructure Limited |
| Firoz Cyrus Mistry DIN 09543123 | Director | 25 Sep 2025 | 1 yr 1 mo | Afcons Infrastructure Limited |
| Sandeep Baliram Badhe DIN 11536757 | Additional Director | 10 Feb 2026 | 8 mo | Afcons Oil And Gas Services Private Limited, Afcons Hydrocarbons Engineering Private Limited |
People of Afcons
1 people are tracked at Afcons (1 in leadership); the tracked headcount is 3,730.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Afcons
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Afcons
Afcons is a publicly listed company on the NSE with ticker symbol AFCONS in India, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date04 Nov 2024
- Listed onBSE: 544280 · NSE: AFCONS
- Listed entityAfcons Infrastructure Limited
- Exchange sectorIndustrial services
- ISININE101I01011
- Share price₹243.43 (-0.49% on the day) · 2026-10-14
- Market capitalisation₹9,002 Cr
- Price to earnings62.2
- EPS (diluted, trailing year)₹3.91
- Dividend yield0.82%
- Volume (last session)206,744
Financials of Afcons
Exchange-reported figures of Afcons Infrastructure Limited, the listed company behind Afcons (NSE: AFCONS).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 11,948 | 12,548 | 13,268 | 12,637 | 11,019 | 9,376 | 9,934 |
| Revenue growth | -4.8% | -5.4% | +5.0% | +14.7% | +17.5% | -5.6% | - |
| EBITDA | 1,141 | 1,356 | 1,365 | 1,311 | 936 | 862 | 810 |
| EBITDA margin | +9.6% | +10.8% | +10.3% | +10.4% | +8.5% | +9.2% | +8.2% |
| Profit before tax | 387 | 710 | 673 | 599 | 407 | 290 | 376 |
| Net profit | 300 | 490 | 458 | 426 | 361 | 172 | 253 |
| Net profit margin | +2.5% | +3.9% | +3.5% | +3.4% | +3.3% | +1.8% | +2.5% |
| EPS (βΉ) | 6.84 | 13.24 | 13.20 | 57.08 | 49.51 | 23.20 | 34.12 |
| Balance sheet | |||||||
| Total assets | 11,772 | 10,409 | 8,139 | 6,952 | 6,727 | 6,276 | 6,560 |
| Net worth | 5,450 | 5,261 | 3,596 | 3,176 | 2,712 | 2,390 | 2,243 |
| Total debt | 3,627 | 2,343 | 2,523 | 1,612 | 1,623 | 1,616 | 1,668 |
| Cash & bank | 886 | 771 | 666 | 377 | 526 | 711 | 639 |
| Net working capital | 5,600 | 4,711 | 2,982 | 1,725 | 1,776 | 1,807 | 1,935 |
| Cash flow | |||||||
| Cash from operations | (127) | (132) | 707 | 1,215 | 610 | 929 | 1,050 |
| Cash from investing | (400) | (131) | (859) | (861) | (255) | (275) | (390) |
| Cash from financing | 473 | 290 | 246 | (483) | (521) | (564) | (455) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,635 | 2,671 | 2,614 | 2,976 | 2,988 | 3,370 | 3,223 | 3,211 |
| Revenue growth (YoY) | -11.8% | -20.8% | -18.9% | -7.3% | +1.0% | +6.9% | - | - |
| Other income | 271 | 55.68 | 163 | 49.69 | 113 | 48.67 | 164 | 121 |
| EBITDA | 91.68 | 251 | 42.92 | 334 | 329 | 435 | 294 | 364 |
| EBITDA margin | +3.5% | +9.4% | +1.6% | +11.2% | +11.0% | +12.9% | +9.1% | +11.3% |
| Depreciation | 97.99 | 83.52 | 99.57 | 93.40 | 122 | 139 | 124 | 117 |
| Interest | 182 | 173 | 175 | 167 | 170 | 162 | 150 | 169 |
| Profit before tax | 82.38 | 50.59 | (68.87) | 123 | 149 | 183 | 184 | 200 |
| Tax | 41.29 | 20.29 | 19.68 | 26.23 | 44.16 | 45.98 | 73.13 | 50.98 |
| Net profit | 41.09 | 30.30 | (88.55) | 96.81 | 105 | 137 | 111 | 149 |
| EPS (βΉ) | 1.12 | 0.82 | (2.41) | 2.63 | 2.85 | 3.74 | 3.02 | 4.05 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 11,938 | 12,500 | 12,907 | 12,467 | 10,499 | 8,931 | 9,255 |
| Revenue growth | -4.5% | -3.2% | +3.5% | +18.8% | +17.6% | -3.5% | - |
| EBITDA | 1,181 | 1,460 | 1,354 | 1,319 | 764 | 741 | 747 |
| EBITDA margin | +9.9% | +11.7% | +10.5% | +10.6% | +7.3% | +8.3% | +8.1% |
| Profit before tax | 426 | 809 | 665 | 623 | 283 | 253 | 378 |
| Net profit | 343 | 589 | 448 | 424 | 263 | 129 | 247 |
| Net profit margin | +2.9% | +4.7% | +3.5% | +3.4% | +2.5% | +1.5% | +2.7% |
| EPS (βΉ) | 7.88 | 15.94 | 12.97 | 56.92 | 36.03 | 17.50 | 33.61 |
| Balance sheet | |||||||
| Total assets | 11,341 | 9,989 | 7,632 | 6,459 | 6,348 | 5,938 | 6,229 |
| Net worth | 5,002 | 4,827 | 3,075 | 2,669 | 2,239 | 2,020 | 1,915 |
| Total debt | 3,645 | 2,359 | 2,538 | 1,627 | 1,629 | 1,611 | 1,651 |
| Cash & bank | 751 | 637 | 525 | 162 | 278 | 454 | 402 |
| Net working capital | 5,248 | 4,385 | 2,478 | 1,273 | 1,372 | 1,422 | 1,612 |
| Cash flow | |||||||
| Cash from operations | (135) | (117) | 813 | 1,198 | 570 | 794 | 824 |
| Cash from investing | (396) | (139) | (891) | (820) | (211) | (181) | (334) |
| Cash from financing | 476 | 292 | 246 | (471) | (516) | (543) | (406) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,635 | 2,671 | 2,614 | 2,974 | 2,988 | 3,363 | 3,219 | 3,205 |
| Revenue growth (YoY) | -11.8% | -20.6% | -18.8% | -7.2% | +1.4% | +7.5% | - | - |
| Other income | 272 | 56.44 | 167 | 45.30 | 109 | 48.29 | 161 | 119 |
| Total expenses | 2,455 | 2,414 | 2,550 | 2,628 | 2,650 | 2,930 | 2,858 | 2,821 |
| EBITDA | 181 | 256 | 63.31 | 346 | 338 | 434 | 360 | 384 |
| EBITDA margin | +6.9% | +9.6% | +2.4% | +11.6% | +11.3% | +12.9% | +11.2% | +12.0% |
| Depreciation | 97.67 | 83.18 | 99.21 | 93.04 | 122 | 138 | 124 | 117 |
| Interest | 182 | 173 | 175 | 167 | 170 | 162 | 149 | 169 |
| Profit before tax | 173 | 57.17 | (43.39) | 131 | 156 | 182 | 248 | 218 |
| Tax | 40.87 | 20.29 | 19.65 | 26.22 | 44.14 | 45.98 | 73.13 | 50.96 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,635 | 2,671 | 2,614 | 2,976 | 2,988 | 3,370 | 3,223 | 3,211 |
| Revenue growth (YoY) | -11.8% | -20.8% | -18.9% | -7.3% | +1.0% | +6.9% | - | - |
| Other income | 271 | 55.68 | 163 | 49.69 | 113 | 48.67 | 164 | 121 |
| EBITDA | 91.68 | 251 | 42.92 | 334 | 329 | 435 | 294 | 364 |
| EBITDA margin | +3.5% | +9.4% | +1.6% | +11.2% | +11.0% | +12.9% | +9.1% | +11.3% |
| Depreciation | 97.99 | 83.52 | 99.57 | 93.40 | 122 | 139 | 124 | 117 |
| Interest | 182 | 173 | 175 | 167 | 170 | 162 | 150 | 169 |
| Profit before tax | 82.38 | 50.59 | (68.87) | 123 | 149 | 183 | 184 | 200 |
| Tax | 41.29 | 20.29 | 19.68 | 26.23 | 44.16 | 45.98 | 73.13 | 50.98 |
| Net profit | 41.09 | 30.30 | (88.55) | 96.81 | 105 | 137 | 111 | 149 |
| EPS (βΉ) | 1.12 | 0.82 | (2.41) | 2.63 | 2.85 | 3.74 | 3.02 | 4.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 11,948 | 12,548 | 13,268 | 12,637 | 11,019 | 9,376 | 9,934 |
| Revenue growth | -4.8% | -5.4% | +5.0% | +14.7% | +17.5% | -5.6% | - |
| Other income | 374 | 474 | 379 | 207 | 251 | 146 | 196 |
| Total expenses | 10,808 | 11,192 | 11,902 | 11,327 | 10,083 | 8,513 | 9,124 |
| Employee cost | 1,452 | 1,435 | 1,383 | 1,298 | 1,085 | 924 | 971 |
| EBITDA | 1,141 | 1,356 | 1,365 | 1,311 | 936 | 862 | 810 |
| EBITDA margin | +9.6% | +10.8% | +10.3% | +10.4% | +8.5% | +9.2% | +8.2% |
| Depreciation | 454 | 491 | 495 | 472 | 355 | 250 | 240 |
| Interest | 674 | 629 | 577 | 447 | 425 | 468 | 391 |
| Profit before tax | 387 | 710 | 673 | 599 | 407 | 290 | 376 |
| Tax | 136 | 223 | 223 | 188 | 48.95 | 121 | 128 |
| Net profit | 300 | 490 | 458 | 426 | 361 | 172 | 253 |
| Net profit margin | +2.5% | +3.9% | +3.5% | +3.4% | +3.3% | +1.8% | +2.5% |
| EPS (βΉ) | 6.84 | 13.24 | 13.20 | 57.08 | 49.51 | 23.20 | 34.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 368 | 368 | 341 | 522 | 522 | 522 | 522 |
| Reserves & surplus | 5,082 | 4,893 | 3,255 | 2,654 | 2,190 | 1,868 | 1,721 |
| Shareholders' funds (net worth) | 5,450 | 5,261 | 3,596 | 3,176 | 2,712 | 2,390 | 2,243 |
| Minority interest | 0.78 | 1.54 | 1.56 | 1.56 | (9.28) | (10.53) | (13.45) |
| Secured loans | 2,979 | 1,988 | 2,273 | 1,563 | 1,517 | 1,303 | 1,358 |
| Unsecured loans | 648 | 355 | 251 | 49.43 | 106 | 313 | 310 |
| Total debt | 3,627 | 2,343 | 2,523 | 1,612 | 1,623 | 1,616 | 1,668 |
| Total liabilities | 11,772 | 10,409 | 8,139 | 6,952 | 6,727 | 6,276 | 6,560 |
| Assets | |||||||
| Gross block | 6,173 | 6,056 | 5,643 | 4,918 | 4,318 | 3,678 | 3,391 |
| Net block | 2,499 | 2,738 | 2,784 | 2,498 | 2,318 | 2,003 | 1,938 |
| Capital work in progress | 901 | 32.85 | 43.07 | 184 | 17.53 | 146 | 17.94 |
| Investments | 0.54 | 0.78 | 0.77 | 0.50 | 0.89 | 0.40 | 0.15 |
| Inventories | 1,017 | 1,010 | 1,627 | 1,586 | 1,270 | 938 | 1,067 |
| Sundry debtors | 3,432 | 2,779 | 3,121 | 2,197 | 2,304 | 2,575 | 2,475 |
| Cash & bank balances | 886 | 771 | 666 | 377 | 526 | 711 | 639 |
| Loans & advances | 7,620 | 6,796 | 5,559 | 4,815 | 3,793 | 3,584 | 4,078 |
| Total current assets | 12,954 | 11,356 | 10,973 | 8,975 | 7,893 | 7,808 | 8,259 |
| Total current liabilities | 7,354 | 6,645 | 7,991 | 7,250 | 6,117 | 6,002 | 6,324 |
| Net working capital | 5,600 | 4,711 | 2,982 | 1,725 | 1,776 | 1,807 | 1,935 |
| Total assets | 11,772 | 10,409 | 8,139 | 6,952 | 6,727 | 6,276 | 6,560 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 440 | 413 | 319 | 447 | 613 | 523 | 317 |
| Net cash from operating activities | (127) | (132) | 707 | 1,215 | 610 | 929 | 1,050 |
| Net cash from investing activities | (400) | (131) | (859) | (861) | (255) | (275) | (390) |
| Net cash from financing activities | 473 | 290 | 246 | (483) | (521) | (564) | (455) |
| Net change in cash | (54.47) | 26.91 | 93.94 | (128) | (165) | 89.98 | 205 |
| Closing cash | 886 | 771 | 666 | 377 | 526 | 711 | 639 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -4.8% | -5.4% | +5.0% | +14.7% | +17.5% | -5.6% | - |
| EBITDA growth | -15.9% | -0.7% | +4.2% | +40.0% | +8.5% | +6.5% | - |
| PBT growth | -45.5% | +5.6% | +12.3% | +47.4% | +40.0% | -22.7% | +9997.0% |
| Net income growth | -38.7% | +7.0% | +7.6% | +18.0% | +110.4% | -32.1% | - |
| Revenue CAGR (3Y) | -1.9% | +4.4% | +12.3% | +8.4% | - | - | - |
| EBITDA CAGR (3Y) | -4.5% | +13.2% | +16.5% | +17.4% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +2.1% | +3.9% | +3.4% | +3.3% | +3.3% | +1.8% | +2.5% |
| Return on capital employed | +10.5% | +14.4% | +16.6% | +15.3% | +12.8% | +11.8% | +12.4% |
| Return on net worth | +5.6% | +11.0% | +14.2% | +16.5% | +17.0% | +9.1% | +14.7% |
| Debt / equity | 0.56 | 0.55 | 0.61 | 0.55 | 0.63 | 0.71 | 0.77 |
| Long-term debt / equity | 0.15 | 0.15 | 0.18 | 0.18 | 0.18 | 0.23 | 0.29 |
| Interest cover | 98.10 | 72.75 | 66.31 | 53.24 | 73.14 | 76.34 | 68.57 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.95 | 2.15 | 2.51 | 2.74 | 2.76 | 2.65 | 3.13 |
| Inventory turnover | 11.79 | 9.52 | 8.26 | 8.85 | 9.98 | 9.35 | 10.33 |
| Debtors turnover | 3.85 | 4.25 | 4.99 | 5.62 | 4.52 | 3.71 | 4.39 |
| EPS (βΉ) | 6.84 | 13.24 | 13.20 | 57.08 | 49.51 | 23.20 | 34.12 |
| Dividend per share (βΉ) | 2.00 | 2.50 | 2.50 | 4.00 | 3.50 | 3.50 | 3.50 |
| Book value per share (βΉ) | 148.18 | 143.03 | 105.53 | 378.73 | 314.31 | 269.56 | 249.18 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,635 | 2,671 | 2,614 | 2,974 | 2,988 | 3,363 | 3,219 | 3,205 |
| Revenue growth (YoY) | -11.8% | -20.6% | -18.8% | -7.2% | +1.4% | +7.5% | - | - |
| Other income | 272 | 56.44 | 167 | 45.30 | 109 | 48.29 | 161 | 119 |
| Total expenses | 2,455 | 2,414 | 2,550 | 2,628 | 2,650 | 2,930 | 2,858 | 2,821 |
| EBITDA | 181 | 256 | 63.31 | 346 | 338 | 434 | 360 | 384 |
| EBITDA margin | +6.9% | +9.6% | +2.4% | +11.6% | +11.3% | +12.9% | +11.2% | +12.0% |
| Depreciation | 97.67 | 83.18 | 99.21 | 93.04 | 122 | 138 | 124 | 117 |
| Interest | 182 | 173 | 175 | 167 | 170 | 162 | 149 | 169 |
| Profit before tax | 173 | 57.17 | (43.39) | 131 | 156 | 182 | 248 | 218 |
| Tax | 40.87 | 20.29 | 19.65 | 26.22 | 44.14 | 45.98 | 73.13 | 50.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 11,938 | 12,500 | 12,907 | 12,467 | 10,499 | 8,931 | 9,255 |
| Revenue growth | -4.5% | -3.2% | +3.5% | +18.8% | +17.6% | -3.5% | - |
| Other income | 370 | 467 | 378 | 217 | 294 | 223 | 251 |
| Total expenses | 10,757 | 11,040 | 11,553 | 11,148 | 9,735 | 8,190 | 8,508 |
| Employee cost | 1,439 | 1,408 | 1,336 | 1,268 | 1,039 | 868 | 884 |
| EBITDA | 1,181 | 1,460 | 1,354 | 1,319 | 764 | 741 | 747 |
| EBITDA margin | +9.9% | +11.7% | +10.5% | +10.6% | +7.3% | +8.3% | +8.1% |
| Depreciation | 452 | 489 | 491 | 469 | 351 | 245 | 234 |
| Interest | 673 | 628 | 577 | 444 | 423 | 466 | 386 |
| Profit before tax | 426 | 809 | 665 | 623 | 283 | 253 | 378 |
| Tax | 136 | 223 | 223 | 213 | 23.74 | 127 | 136 |
| Net profit | 343 | 589 | 448 | 424 | 263 | 129 | 247 |
| Net profit margin | +2.9% | +4.7% | +3.5% | +3.4% | +2.5% | +1.5% | +2.7% |
| EPS (βΉ) | 7.88 | 15.94 | 12.97 | 56.92 | 36.03 | 17.50 | 33.61 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 368 | 368 | 341 | 522 | 71.97 | 522 | 522 |
| Reserves & surplus | 4,634 | 4,459 | 2,735 | 2,147 | 1,717 | 1,498 | 1,394 |
| Shareholders' funds (net worth) | 5,002 | 4,827 | 3,075 | 2,669 | 2,239 | 2,020 | 1,915 |
| Secured loans | 3,238 | 2,236 | 2,455 | 1,563 | 1,370 | 1,402 | 1,351 |
| Unsecured loans | 407 | 123 | 83.08 | 64.56 | 259 | 209 | 300 |
| Total debt | 3,645 | 2,359 | 2,538 | 1,627 | 1,629 | 1,611 | 1,651 |
| Total liabilities | 11,341 | 9,989 | 7,632 | 6,459 | 6,348 | 5,938 | 6,229 |
| Assets | |||||||
| Gross block | 6,135 | 6,009 | 5,599 | 4,833 | 4,271 | 3,630 | 3,337 |
| Net block | 2,487 | 2,725 | 2,770 | 2,447 | 2,305 | 1,985 | 1,912 |
| Capital work in progress | 901 | 32.85 | 43.07 | 184 | 17.53 | 146 | 17.94 |
| Investments | 19.74 | 19.98 | 12.18 | 12.35 | 12.41 | 11.92 | 11.66 |
| Inventories | 993 | 988 | 1,601 | 1,571 | 1,247 | 887 | 1,020 |
| Sundry debtors | 3,311 | 2,698 | 2,954 | 2,046 | 2,189 | 2,365 | 2,287 |
| Cash & bank balances | 751 | 637 | 525 | 162 | 278 | 454 | 402 |
| Loans & advances | 7,526 | 6,682 | 5,275 | 4,574 | 3,605 | 3,411 | 3,901 |
| Total current assets | 12,582 | 11,006 | 10,354 | 8,353 | 7,318 | 7,117 | 7,609 |
| Total current liabilities | 7,334 | 6,621 | 7,876 | 7,080 | 5,947 | 5,694 | 5,996 |
| Net working capital | 5,248 | 4,385 | 2,478 | 1,273 | 1,372 | 1,422 | 1,612 |
| Total assets | 11,341 | 9,989 | 7,632 | 6,459 | 6,348 | 5,938 | 6,229 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 316 | 281 | 113 | 206 | 364 | 294 | 210 |
| Net cash from operating activities | (135) | (117) | 813 | 1,198 | 570 | 794 | 824 |
| Net cash from investing activities | (396) | (139) | (891) | (820) | (211) | (181) | (334) |
| Net cash from financing activities | 476 | 292 | 246 | (471) | (516) | (543) | (406) |
| Net change in cash | (53.91) | 35.44 | 168 | (93.55) | (157) | 70.02 | 83.75 |
| Closing cash | 751 | 637 | 525 | 162 | 278 | 454 | 402 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -4.5% | -3.2% | +3.5% | +18.8% | +17.6% | -3.5% | - |
| EBITDA growth | -19.1% | +7.8% | +2.7% | +72.8% | +3.1% | -0.8% | - |
| PBT growth | -47.4% | +21.7% | +6.7% | +120.1% | +11.8% | -33.1% | +80.3% |
| Net income growth | -41.7% | +31.5% | +5.5% | +61.5% | +103.0% | -47.7% | - |
| Revenue CAGR (3Y) | -1.4% | +6.0% | +13.1% | +10.4% | +10.7% | +15.1% | +17.3% |
| EBITDA CAGR (3Y) | -3.6% | +24.1% | +22.3% | +20.9% | +13.8% | +9.9% | +16.2% |
| Profitability & leverage | |||||||
| Net income margin | +2.4% | +4.7% | +3.4% | +3.3% | +2.5% | +1.4% | +2.6% |
| Return on capital employed | +11.2% | +16.3% | +17.6% | +16.7% | +11.5% | +11.8% | +13.1% |
| Return on net worth | +7.0% | +14.8% | +16.7% | +18.4% | +13.6% | +8.3% | +17.6% |
| Debt / equity | 0.61 | 0.62 | 0.73 | 0.66 | 0.76 | 0.83 | 0.88 |
| Long-term debt / equity | 0.17 | 0.16 | 0.22 | 0.21 | 0.22 | 0.27 | 0.34 |
| Interest cover | 92.34 | 64.70 | 66.78 | 52.24 | 102.65 | 93.93 | 75.18 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.97 | 2.15 | 2.47 | 2.74 | 2.66 | 2.56 | 2.96 |
| Inventory turnover | 12.05 | 9.66 | 8.14 | 8.85 | 9.84 | 9.37 | 10.07 |
| Debtors turnover | 3.97 | 4.42 | 5.16 | 5.89 | 4.61 | 3.84 | 4.46 |
| EPS (βΉ) | 7.88 | 15.94 | 12.97 | 56.92 | 36.03 | 17.50 | 33.61 |
| Dividend per share (βΉ) | 2.00 | 2.50 | 2.50 | 4.00 | 3.50 | 3.50 | 3.50 |
| Book value per share (βΉ) | 136.01 | 131.24 | 90.25 | 308.31 | 248.55 | 218.20 | 203.63 |
Timeline of Afcons
3 dated milestones of Afcons across 65 years, from founding to its latest funding, stage changes and deals.
- Founded Afcons is founded.
- Funding First funding round of $342.3M.
- IPO Lists on the stock exchange (IPO).
Competitors of Afcons
Afcons has 3 listed competitors in our database. They include KNRCL, GPT Infraprojects and IRB Infrastructure Developers.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| knrcl.com | 1995 | Hyderabad, India | 641 | Real estate project development services are provided in India. | ||
| gptgroup.co.in | 1980 | Kolkata, India | 1,807 | Infrastructure construction, healthcare, and SG cast iron products are provided. | ||
| irb.co.in | 1998 | Mumbai, India | 400 | Provider of infrastructure development services |
Detailed competitors of Afcons
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Web traffic of Afcons
The website of Afcons (afcons.com) receives about 21.6K visits a month.
- Monthly visits21.6K
▼ 2.3% vs previous month
Websites whose visitors overlap most with Afcons. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| gammonindia.com | 100% | 3.9K | #4,242,578 | View details | |
| shapoorjipallonji.com | 84% | 41.2K | #792,021 | View details | |
| hccindia.com | 83% | 24.8K | #1,084,543 | View details | |
| acilnet.com | 80% | 10.5K | #1,777,549 | View details | |
| aceavant.com | 78% | #3,828,869 | View details | ||
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for Afcons
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- 40 similar websites
- Audience overlap
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Top companies in Real Estate Developers & Builders
3 companies that operate in the same segment as Afcons (Real Estate Developers & Builders) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of luxury residential properties | 1992 | Mumbai, Maharashtra, India | USD 158.42 M | USD 55.39 M | 1,046 | |
Residential and commercial properties are developed by Godrej Properties. | 1990 | Mumbai, Maharashtra, India | USD 546.88 M | 6,030 | ||
Premium residential building development services are provided. | 1980 | Mumbai, Maharashtra, India | USD 152.4 M | USD 658.36 M | 1,322 |
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Related news about Afcons
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Frequently Asked Questions about Afcons
Afcons was founded in 1959 and raised its 1st funding round 61 years after it was founded.
Afcons is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Afcons has 3,730 employees.
The primary company behind Afcons, Afcons Infrastructure Limited, reported revenue of βΉ12,322 Cr for FY 2026, down 5% year on year.
Afcons was established in 1959 in Mumbai, India, as a developer in the infrastructure sector. Oil and gas projects, underground constructions, and urban developments are handled by the company. Operations span various engineering services, with a focus on large-scale projects across India and select international locations. Leadership is provided by Managing Director Paramasivan Srinivasan, overseeing domain activities at afcons.com.
Afcons's top competitors include KNRCL, GPT Infraprojects and IRB Infrastructure Developers.
Afcons offers EPC Services, Bridge Construction, and Tunnel Construction.
Yes, Afcons is publicly traded on NSE under the ticker symbol AFCONS.
Afcons has 3 investors. Key investors include State Bank of India, Bank of Baroda, and Indian Bank.
Afcons is associated with 6 legal entities: Afcons Infrastructure Limited, Afcons (Mid East) Constructions Investments Pvt Ltd, Afcons Oil And Gas Services Private Limited and others.
The legal entities of Afcons currently have 20 directors, including Ezhilarasan Sadhasivam, Ramesh Kumar Jha, Subramanian Krishnamurthy and others.

