Afcons Infrastructure share price
NSE: AFCONSBSE: 544280ConstructionSmall Cap
Afcons Infrastructure Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Nov 2024
Last close ₹211.66up ₹3.04 (1.46%)BSE ₹212.00
Share price at the NSE close on 29 Oct 2026. Previous close ₹208.62.
29 Oct: open ₹209.00, high ₹214.29, low ₹203.60
52-week range of traded prices to 29 Oct 2026
₹203.60Low, 29 Oct 2026₹457.70High, 30 Oct 2025
- Next results date: the board meets on 4 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹7,785 Cr508th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 54.19
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹77 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 35.36
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.43
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.94%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 2.7%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹77 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 4.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 7.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.65
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 6,89,13129.7% delivered
About Afcons Infrastructure
Afcons Infrastructure Limited is an engineering, procurement and construction (EPC) contractor that builds infrastructure projects across a range of sectors. Its registered office is in Mumbai. The business began operations in 1959 as a partnership firm, and the present company was incorporated in 1976.
Its work is organised into five business verticals. Urban Infrastructure covers metro rail systems, bridges and flyovers. Marine and Industrial covers port and harbour infrastructure, including jetties and dry docks. Hydro and Underground covers dams, barrages, tunnelling and water and irrigation works. Surface Transport covers highways, roads, railways and tunnels. Oil and Gas covers both offshore and onshore projects, including the ONGC Heera Redevelopment process platform.
The company has a presence in more than 30 countries across South Asia, Africa, the Middle East and the Commonwealth of Independent States. Its projects include the Nagpur Metro Reach-2 in India and a bulk jetty at the Port of Sohar in Oman. It holds five-star export house status and keeps an in-house equipment base to support its projects.
Over the years it added marine construction, bridge construction, underground metro tunnelling and offshore oil and gas work to its original civil construction business. It was acquired by Sterling Investment Corporation Ltd, a Shapoorji Pallonji Group company, and its shares are listed on NSE and BSE. Afcons is the flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group.
Written from the annual report for the year to Mar 2026, filed 8 Jul 2026 and the investor presentation.
Sources for 30 statements, each with its page
- The company is an EPC contractor that builds infrastructure projects across sectors. Annual report, page 6
- Registered office is in Mumbai. Annual report, page 1
- It began operations in 1959 as a partnership firm. Annual report, page 8
- Incorporated in 1976 (year in CIN). Annual report, page 1
- Business is organised into five verticals. Annual report, page 5
- Urban Infrastructure covers metro rail systems. Annual report, page 6
- Urban Infrastructure covers bridges. Annual report, page 6
- Urban Infrastructure covers flyovers. Annual report, page 6
- Marine and Industrial covers jetties and dry docks. Annual report, page 6
- Hydro and Underground covers dams, barrages, tunnelling. Annual report, page 6
- Hydro and Underground covers water and irrigation works. Annual report, page 6
- Surface Transport covers highways and roads. Annual report, page 6
- Surface Transport covers railways and tunnels. Annual report, page 6
- Oil and Gas covers offshore and onshore projects. Annual report, page 6
- Presence in more than 30 countries. Annual report, page 9
- Presence across South Asia, Africa, the Middle East and CIS. Annual report, page 9
- Entered marine construction. Annual report, page 8
- Entered bridge construction. Annual report, page 8
- Entered underground metro tunnelling. Annual report, page 8
- Won first offshore oil and gas project. Annual report, page 8
- Acquired by Sterling Investment Corporation Ltd. Annual report, page 8
- Sterling is a Shapoorji Pallonji Group company. Annual report, page 8
- Listed on NSE and BSE. Annual report, page 8
- Flagship company of the Shapoorji Pallonji Group. Annual report, page 5
- Shapoorji Pallonji Group. Annual report, page 5
- ONGC Heera Redevelopment process platform. Annual report, page 6
- Nagpur Metro Reach-2 in India. Annual report, page 6
- Bulk jetty at Port of Sohar, Oman. Annual report, page 6
- Five-star export house status. Annual report, page 5
- In-house equipment base. Annual report, page 7
Results
Consolidated; ₹ crore.Afcons Infrastructure quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −11.9%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −73.0%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹2,671 Crup 2.19%
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing. Net profit in the glossary
- ₹30 CrQuarter to Mar 2026: −₹89 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 1.1%
Revenue by quarter
Peak revenue ₹3,370 Cr, quarter to Jun 2025; lowest ₹2,614 Cr, quarter to Mar 2026
Net profit by quarter, a loss in red
- Net profit
- Loss
Back to profit in the quarter to Jun 2026, ₹30 CrA loss in 1 of the 8 quarters shown
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,960 | 3,211 | 3,223 | 3,370 | 2,988 | 2,976 | 2,614 | 2,671 |
| Net profit | 135 | 149 | 111 | 137 | 105 | 97 | −89 | 30 |
| Net margin | 4.6% | 4.6% | 3.4% | 4.1% | 3.5% | 3.3% | −3.4% | 1.1% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹11,948 Crdown 4.78%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹251 Crdown 48.49%
- Net margin
- 2.1%
Revenue by year
Peak revenue ₹12,548 Cr, year to Mar 2025; lowest ₹11,948 Cr, year to Mar 2026
Net profit by year, a loss in red
| ₹ crore | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue | 12,548 | 11,948 |
| Net profit | 487 | 251 |
| Net margin | 3.9% | 2.1% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Construction, which carries all its revenue.
Valuation
Today, against the company's own history.Afcons Infrastructure PE ratio and valuation
Price to earnings
At or below today's level on 71% of 247 trading days over the last year.
LowestHighest
Its median29.95Industry median13.53
Price to book
At or below today's level on 2% of 247 trading days over the last year.
LowestHighest
Its median2.13Industry median1.36
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 99% of 244 trading days over the last year.
LowestHighest
Its median0.75%Industry median0.65%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −43.5% | −48.5% | +8.3% | 0.7% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 year includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.
Mutual fund holdings
68 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 43 of the 46 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 68 funds holding Afcons Infrastructure
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 17
- CutCut. Funds that held fewer shares than at the end of the month before.
- 29
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 21
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 4
| Fund | |||
|---|---|---|---|
 SBI Small Cap FundSBI Mutual Fund | 1,59,45,314 | 0.96% | ₹395.1 Cr |
 Nippon India Small Cap FundNippon India Mutual Fund | 66,95,997 | 0.21% | ₹165.9 Cr |
 quant Small Cap Fundquant Mutual Fund | 66,41,314 | 0.46% | ₹164.6 Cr |
 ICICI Prudential Infrastructure FundICICI Prudential Mutual Fund | 61,72,561 | 1.86% | ₹153.0 Cr |
| ICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual Fund | 46,89,009 | 0.14% | ₹116.2 Cr |
| quant Infrastructure Fundquant Mutual Fund | 43,19,654 | 3.48% | ₹107.0 Cr |
 Aditya Birla Sun Life Large Cap FundAditya Birla Sun Life Mutual Fund | 24,23,034 | 0.22% | ₹60.0 Cr |
| Nippon India Power & Infra FundNippon India Mutual Fund | 22,96,047 | 0.72% | ₹56.9 Cr |
 Invesco India Contra FundInvesco Mutual Fund | 21,82,960 | 0.28% | ₹54.1 Cr |
 Tata Multi Asset Allocation FundTata Mutual Fund | 13,22,635 | 0.66% | ₹32.8 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 29 Oct 2025.Afcons Infrastructure insider trading
Bought on the marketBought on the market. The value each filer stated for its purchases on the exchange, added up; gifts, transfers and pledges are not counted. A purchase filed with no value is counted under the sum, not in it. Sold on the marketSold on the market. The value each filer stated for its sales on the exchange, added up; gifts, transfers and pledges are not counted. A sale filed with no value is counted under the sum, not in it.
- Others0 purchases, 2 salesNo purchase₹1.12 CrNetNet. The value bought on the market less the value sold, over the trades whose filers stated a value.−₹1.12 Cr
- Promoters and promoter group: no market trade · 3 pledges created · 1 pledge released · 1 pledge filing of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Afcons Infrastructure competitors and peers
Civil Construction, 169 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Afcons Infrastructure in market cap.Construction companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Ircon InternationalIRCON | 9,488 | 18.12 | 1.43 | −9.9% | −21.6% | 8.1% | 4.9% | 1.88% |
 RITESRITES | 9,363 | 22.43 | 3.49 | +10.6% | +7.9% | 15.7% | 17.4% | 4.13% |
 KEC InternationalKEC | 9,153 | 16.53 | 1.49 | +5.1% | −8.9% | 9.6% | 12.4% | 1.60% |
 Welspun EnterprisesWELENT | 8,911 | 29.16 | 2.93 | +0.6% | −3.1% | 10.9% | 12.7% | 0.47% |
 G R InfraprojectsGRINFRA | 7,498 | 7.36 | 0.80 | +25.1% | −7.7% | 11.4% | 11.7% | 0.32% |
 NCCNCC | 7,415 | 10.60 | 0.94 | −1.8% | −12.8% | 9.2% | 14.6% | 1.86% |
 Power Mech ProjectsPOWERMECH | 6,929 | 17.71 | 2.75 | +15.8% | – | 16.7% | 19.1% | 0.07% |
 Ceigall IndiaCEIGALL | 6,834 | 21.36 | 3.20 | +20.3% | – | 16.1% | 16.2% | 0.13% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Afcons Infrastructure dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹2.50 a share, year to Mar 2025.
| Ex-date | Type | Per share |
|---|---|---|
| 23 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹2.00 |
| 18 Jul 2025 | Final | ₹2.50 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Afcons Infrastructure announcements
Oct 2026
28 Oct · Board meeting
22 Oct · Utilisation of Funds
15 Oct · Legal
15 Oct · Rating
Afcons Infrastructure share price by year
Each calendar year to 2025.Afcons Infrastructure share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 386.90 | −29.0% | 543.25 | 379.45 |
| 2024 | 545.30 | – | 545.55 | 458.40 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 4 Nov 2024.
Recent sessions
The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 28 Oct 2026 | 208.95 | 211.95 | 205.56 | 208.62 | 208.37 | 4,51,286 | 53.2% |
| 27 Oct 2026 | 211.75 | 215.60 | 207.15 | 209.08 | 211.84 | 4,68,259 | 52.3% |
| 26 Oct 2026 | 217.84 | 217.84 | 211.00 | 211.55 | 213.66 | 5,48,019 | 42.0% |
| 23 Oct 2026 | 236.84 | 236.84 | 216.28 | 217.84 | 221.41 | 9,59,032 | 49.8% |
| 22 Oct 2026 | 237.91 | 238.71 | 231.02 | 236.05 | 233.93 | 3,77,734 | 41.9% |
| 21 Oct 2026 | 244.40 | 244.40 | 234.12 | 237.91 | 238.00 | 4,30,514 | 50.7% |
| 19 Oct 2026 | 243.00 | 248.00 | 240.30 | 245.11 | 243.49 | 3,87,769 | 38.1% |
| 16 Oct 2026 | 245.00 | 248.00 | 242.55 | 244.36 | 244.90 | 3,68,665 | 57.6% |
| 15 Oct 2026 | 244.89 | 246.40 | 242.10 | 245.80 | 244.95 | 3,74,490 | 58.8% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- AFCONS
- BSE code
- 544280
- ISIN
- INE101I01011
- Industry
- Construction
- Website
- www.afcons.com
- CIN
- L45200MH1976PLC019335
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1976
- Registered office
- 16, Afcons House, Veera Desai Road, Shah Industrial Estate, Andheri (West), Mumbai 400053, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
In Nifty 500, BSE 500, Nifty Smallcap 250, BSE 250 SmallCap Index, BSE SmallCap, Nifty Total Market