| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 68.5 | 90.5 | −24.4% |
| EBITDA | 0.6 | 6.8 | −91.0% |
| EBITDA margin | 0.9% | 7.5% | −6.6 pts |
| Profit before tax | 0.3 | 1.6 | −77.9% |
| Net profit | −0.0 | 0.6 | — |
| EPS | ₹0.00 | ₹0.04 | −100.0% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 248 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 3.5 | 3.5 | 4.0 | 1.4 | 10.6 | ||
| −17.5 | −17.5 | — | −11.3 | −9.3 | ||
| 95.9 | 95.9 | 91.5 | 198 | 313 | ||
| 323 | — | — | — | — | ||
| 364 | 386 | 336 | 388 | 349 | ||
| — | +14.9% | −13.4% | +11.2% | — | ||
| 2.5 | 8.7 | 8.7 | −54.4 | 1.4 | ||
| 0.7% | 2.3% | 2.6% | −14.0% | 0.4% | ||
| −2.1 | 3.9 | 3.7 | −59.6 | −7.4 | ||
| 4.6 | 5.2 | 1.0 | −7.4 | −126 | ||
| 1.3% | 1.4% | 0.3% | −1.9% | −36.1% | ||
| ₹0.21 | ₹0.25 | ₹0.51 | −₹0.32 | −₹6.98 | ||
| — | −51.3% | +257.6% | +95.4% | — | ||
| — | −16.6 | 54.2 | 95.3 | 20.3 | ||
| — | −1.7 | −3.3 | −10.7 | −6.6 | ||
| −18.3 | −18.3 | 50.9 | 84.7 | 13.8 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 247.8 | |
| - Cash, Equiv & ST Investments | 10.6 | 1.4 | 4.0 | 3.5 | 3.5 | |
| + Minority Interest | -9.3 | -11.3 | — | -17.5 | -17.5 | |
| + Total Debt | 313.1 | 197.8 | 91.5 | 95.9 | 95.9 | |
| Enterprise Value | — | — | — | — | 322.7 | |
| Revenue | 349.4 | 388.5 | 336.3 | 386.4 | 364.4 | |
| Growth %, YoY | — | +11.2 | -13.4 | +14.9 | — | |
| EBITDA | 1.4 | -54.4 | 8.7 | 8.7 | 2.5 | |
| Margin % | 0.40 | -14.00 | 2.57 | 2.25 | 0.70 | |
| EBIT | -7.4 | -59.6 | 3.7 | 3.9 | -2.1 | |
| Net Income | -126.1 | -7.4 | 1.0 | 5.2 | 4.6 | |
| Margin % | -36.07 | -1.90 | 0.31 | 1.35 | 1.27 | |
| EPS, Adj (current shares) | -6.98 | -0.32 | 0.51 | 0.25 | 0.21 | |
| Growth %, YoY | — | +95.4 | +257.6 | -51.3 | — | |
| Cash from Operations | 20.3 | 95.3 | 54.2 | -16.6 | — | |
| Capital Expenditures | -6.6 | -10.7 | -3.3 | -1.7 | — | |
| Free Cash Flow | 13.8 | 84.7 | 50.9 | -18.3 | -18.3 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
A2Z Infra Engineering (NSE: A2ZINFRA) had a market capitalisation of ₹242 crore at the 30 October 2026 close (₹13.66 a share), a PE ratio of 66.2 on the last four quarters' profit and a price-to-book ratio of 4.90. In FY26 its consolidated net profit was ₹4.4 crore on revenue of ₹386 crore; in Q1 FY27 (April–June 2026) it was ₹3.9 lakh, down 94.8% year on year. Its debt-to-equity ratio was 2.99 on 31 March 2026. Promoters held 27.92% of the shares on 30 September 2026.
A2Z Infra Engineering's PE ratio is 66.2 at the 30 October 2026 close (₹13.66 a share): a market capitalisation of ₹242 crore divided by consolidated net profit of ₹3.7 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹4.4 crore) it is 55.5. These four quarters include net exceptional items of −₹2.1 crore (one-off charges reported separately), so the ratio on recurring profit would differ.
A2Z Infra Engineering's price-to-book (PB) ratio is 4.90 at the 30 October 2026 close: a market capitalisation of ₹242 crore divided by shareholders' equity (book value) of ₹49.5 crore on 31 March 2026. That is a book value of ₹2.79 per share against a share price of ₹13.66.
In FY26, A2Z Infra Engineering's return on equity (ROE) was 11.5% and its return on capital employed (ROCE) was 5.3%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 30.5% and ROCE 4.9%.
A2Z Infra Engineering's market capitalisation was ₹242 crore at the 30 October 2026 close: 17.75 crore shares at ₹13.66 each.
No. A2Z Infra Engineering had borrowings of ₹95.9 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 2.99. Its cash and current investments were ₹4.7 crore, so its net debt was ₹91.1 crore.
A2Z Infra Engineering's basic earnings per share (EPS) were ₹0.25 in FY26, against ₹0.51 in FY25.
A2Z Infra Engineering's debt-to-equity ratio was 2.99 on 31 March 2026: borrowings of ₹95.9 crore against total equity of ₹32 crore. A year earlier, on 31 March 2025, it was 3.44.
Promoters held 27.92% of A2Z Infra Engineering on 30 September 2026, unchanged from the previous quarter and down 0.22 percentage points from 28.14% a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), A2Z Infra Engineering's consolidated net profit was ₹4.4 crore, down 51.3% from ₹9 crore in FY25, on revenue from operations of ₹386 crore (up 14.9%).
A2Z Infra Engineering's net worth — shareholders' equity in its consolidated balance sheet — was ₹49.5 crore on 31 March 2026, up 86.2% from ₹26.6 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹242 crore at the 30 October 2026 close.
A2Z Infra Engineering's book value per share was ₹2.79 on 31 March 2026: shareholders' equity of ₹49.5 crore divided by the 17.75 crore shares in issue, up 84.7% from ₹1.51 a year earlier. The share price at the 30 October 2026 close was ₹13.66.
In FY26, A2Z Infra Engineering generated ₹16.6 crore of cash from operations and spent ₹1.7 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹18.3 crore. In FY25 it was ₹50.9 crore.
On 30 September 2026, A2Z Infra Engineering's shares were held by promoters 27.92%, foreign portfolio investors (FII/FPI) 1.04%, domestic institutions (DII) 0.47% and retail and other non-institutional investors 70.57%. Over the year, FII holding was up 0.19 percentage points from 0.85% and DII holding was up 0.37 percentage points from 0.10%.
On FY26 consolidated figures, against Dev Accelerator, Alankit and Aarvi Encon: A2Z Infra Engineering's operating margin of 1.0% is the third highest of the four (Dev Accelerator 22.3%, Alankit −1.3%, Aarvi Encon 3.2%; peer average 8.1%); its return on equity of 11.5% is the second highest of the four (Dev Accelerator 4.7%, Alankit 6.8%, Aarvi Encon 13.2%; peer average 8.2%).
At the 30 October 2026 closing prices, on FY26 net profit, A2Z Infra Engineering's PE ratio is 55.5, the highest of the four: Dev Accelerator 45.1, Alankit 9.2 and Aarvi Encon 11.0, a peer average of 21.8. Each is the company's market capitalisation at that price divided by its FY26 net profit.
A2Z Infra Engineering's latest results are for Q1 FY27 (April–June 2026), filed on 12 August 2026: consolidated net profit ₹3.9 lakh, down 94.8% from ₹75 lakh in Q1 FY26; revenue from operations ₹68.5 crore, down 24.4% year on year.
A2Z Infra Engineering has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
In FY26, A2Z Infra Engineering earned net profit of ₹4.4 crore on revenue of ₹386 crore, against ₹8.8 crore on ₹226 crore for Dev Accelerator. A2Z Infra Engineering's operating margin was 1.0% (Dev Accelerator 22.3%) and its return on equity 11.5% (Dev Accelerator 4.7%). At the 30 October 2026 close, A2Z Infra Engineering's market capitalisation was ₹242 crore against ₹397 crore for Dev Accelerator, and its PE ratio on FY26 profit 55.5 against 45.1.
From A2Z Infra Engineering's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.