| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 2,671 | 3,370 | −20.8% |
| EBITDA | 251 | 435 | −42.2% |
| EBITDA margin | 9.4% | 12.9% | −3.5 pts |
| Profit before tax | 50.6 | 183 | −72.4% |
| Net profit | 30.3 | 137 | −77.9% |
| EPS | ₹0.82 | ₹3.74 | −78.1% |
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 |
|---|
| 7,673 | — | — | — | |
| 386 | 386 | 440 | 413 | |
| 0.8 | 0.8 | 1.5 | 1.6 | |
| 3,538 | 3,538 | 2,236 | — | |
| 10,826 | — | — | — | |
| 11,249 | 11,948 | 12,548 | — | |
| — | −4.8% | — | — | |
| 1,033 | 1,217 | 1,356 | — | |
| 9.2% | 10.2% | 10.8% | — | |
| 635 | 763 | 865 | — | |
| 144 | 251 | 487 | — | |
| 1.3% | 2.1% | 3.9% | — | |
| ₹3.91 | ₹6.82 | ₹10.00 | — | |
| — | −31.8% | — | — | |
| — | −143 | −132 | — | |
| — | −372 | 0.0 | — | |
| −515 | −515 | −132 | — | |
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 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|
| Market Capitalization | — | — | — | 7,672.6 | |
| - Cash, Equiv & ST Investments | 413.3 | 440.2 | 385.7 | 385.7 | |
| + Minority Interest | 1.6 | 1.5 | 0.8 | 0.8 | |
| + Total Debt | — | 2,235.7 | 3,538.3 | 3,538.3 | |
| Enterprise Value | — | — | — | 10,826.0 | |
| Revenue | — | 12,548.4 | 11,948.4 | 11,249.0 | |
| Growth %, YoY | — | — | -4.8 | — | |
| EBITDA | — | 1,356.0 | 1,217.1 | 1,033.3 | |
| Margin % | — | 10.81 | 10.19 | 9.19 | |
| EBIT | — | 864.9 | 763.2 | 634.7 | |
| Net Income | — | 486.8 | 250.7 | 143.6 | |
| Margin % | — | 3.88 | 2.10 | 1.28 | |
| EPS, Adj (current shares) | — | 10.00 | 6.82 | 3.91 | |
| Growth %, YoY | — | — | -31.8 | — | |
| Cash from Operations | — | -132.2 | -143.0 | — | |
| Capital Expenditures | — | -0.0 | -371.8 | — | |
| Free Cash Flow | — | -132.2 | -514.8 | -514.8 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Afcons Infrastructure (NSE: AFCONS) had a market capitalisation of ₹7,784 crore at the 29 October 2026 close (₹211.66 a share), a PE ratio of 54.2 on the last four quarters' profit and a price-to-book ratio of 1.43. In FY26 its consolidated net profit was ₹251 crore on revenue of ₹11,948 crore; in Q1 FY27 (April–June 2026) it was ₹30.3 crore, down 77.9% year on year. Its debt-to-equity ratio was 0.65 on 31 March 2026. Promoters held 50.17% of the shares on 30 September 2026.
Afcons Infrastructure's PE ratio is 54.2 at the 29 October 2026 close (₹211.66 a share): a market capitalisation of ₹7,784 crore divided by consolidated net profit of ₹144 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹251 crore) it is 31.0. These four quarters include net exceptional items of −₹76.5 crore (one-off charges reported separately), so the ratio on recurring profit would differ.
Afcons Infrastructure's price-to-book (PB) ratio is 1.43 at the 29 October 2026 close: a market capitalisation of ₹7,784 crore divided by shareholders' equity (book value) of ₹5,450 crore on 31 March 2026. That is a book value of ₹148.18 per share against a share price of ₹211.66.
In FY26, Afcons Infrastructure's return on equity (ROE) was 4.7% and its return on capital employed (ROCE) was 8.5%. 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 8.3% and ROCE 9.9%.
Afcons Infrastructure's market capitalisation was ₹7,784 crore at the 29 October 2026 close: 36.78 crore shares at ₹211.66 each.
No. Afcons Infrastructure had borrowings of ₹3,538 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.65. Its cash and current investments were ₹886 crore, so its net debt was ₹2,652 crore.
In 2026, Afcons Infrastructure has declared one dividend: ₹2 with record date 23 July 2026.
Afcons Infrastructure's debt-to-equity ratio was 0.65 on 31 March 2026: borrowings of ₹3,538 crore against total equity of ₹5,451 crore. A year earlier, on 31 March 2025, it was 0.42.
Afcons Infrastructure's net worth — shareholders' equity in its consolidated balance sheet — was ₹5,450 crore on 31 March 2026, up 3.6% from ₹5,261 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹7,784 crore at the 29 October 2026 close.
Promoters held 50.17% of Afcons Infrastructure on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
Afcons Infrastructure's book value per share was ₹148.18 on 31 March 2026: shareholders' equity of ₹5,450 crore divided by the 36.78 crore shares in issue, up 3.6% from ₹143.03 a year earlier. The share price at the 29 October 2026 close was ₹211.66.
Afcons Infrastructure's dividend yield is 0.94% at the 29 October 2026 close: dividends of ₹2 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹211.66. They were ₹2 on 23 July 2026.
In FY26, Afcons Infrastructure generated ₹143 crore of cash from operations and spent ₹372 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹515 crore. In FY25 it was −₹132 crore.
Afcons Infrastructure's basic earnings per share (EPS) were ₹6.82 in FY26, against ₹13.24 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹3.90.
In FY26 (April 2025–March 2026), Afcons Infrastructure's consolidated net profit was ₹251 crore, down 31.8% from ₹368 crore in FY25, on revenue from operations of ₹11,948 crore (down 4.8%).
Afcons Infrastructure will announce its Q2 FY27 results (July–September 2026) on Wednesday, 4 November 2026, the date of the board meeting it has notified to the exchanges.
On 30 September 2026, Afcons Infrastructure's shares were held by promoters 50.17%, foreign portfolio investors (FII/FPI) 10.92%, domestic institutions (DII) 18.00% (including mutual funds at 16.19%) and retail and other non-institutional investors 20.91%. Over the year, FII holding was down 1.89 percentage points from 12.81% and DII holding was up 0.06 percentage points from 17.94%.
On FY26 consolidated figures, against L&T, IRCON International and NCC: Afcons Infrastructure's operating margin of 6.4% is the lowest of the four (L&T 8.7%, IRCON International 6.7%, NCC 7.7%; peer average 7.7%); its return on equity of 4.7% is the lowest of the four (L&T 15.5%, IRCON International 9.2%, NCC 8.9%; peer average 11.2%).
In FY26, Afcons Infrastructure earned net profit of ₹251 crore on revenue of ₹11,948 crore, against ₹16,084 crore on ₹2,85,874 crore for L&T. Afcons Infrastructure's operating margin was 6.4% (L&T 8.7%) and its return on equity 4.7% (L&T 15.5%). At the 29 October 2026 close, Afcons Infrastructure's market capitalisation was ₹7,784 crore against ₹5,27,947 crore for L&T, and its PE ratio on FY26 profit 31.0 against 32.8.
Afcons Infrastructure's latest results are for Q1 FY27 (April–June 2026), filed on 7 August 2026: consolidated net profit ₹30.3 crore, down 77.9% from ₹137 crore in Q1 FY26; revenue from operations ₹2,671 crore, down 20.8% year on year.
At the 29 October 2026 closing prices, on FY26 net profit, Afcons Infrastructure's PE ratio is 31.0, the second highest of the four: L&T 32.8, IRCON International 15.9 and NCC 11.0, a peer average of 19.9. Each is the company's market capitalisation at that price divided by its FY26 net profit.
From Afcons Infrastructure's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 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.