Afcons Infrastructure Ltd (AFCONS) — shareholding pattern, promoter holding, financials and share price
About Afcons Infrastructure Ltd (AFCONS)
Afcons Infrastructure Ltd operates in the Civil Construction industry, within the Construction sector. It trades on the NSE as AFCONS and on the BSE under scrip code 544280. Its ISIN is INE101I01011.
Incorporated in 1959, Afcons Infrastructure Limited is an infrastructure engineering and construction company. [1]
Afcons Infrastructure Limited is the flagship engineering, procurement and construction (EPC) company of the Shapoorji Pallonji Group, delivering large and complex infrastructure projects across marine, surface transport, urban infrastructure, hydro & underground and oil & gas segments in India and overseas, with capabilities in TBM tunnelling, marine works and extreme engineering.
Q3 FY26 and 9M FY26 showed resilient margins despite flattish top line: 9M total income at ₹9,545 crore with EBITDA of ₹1,269 crore (13.3% margin) while PAT was impacted by a one-time labour code provision of ₹76.51 crore; ROCE (annualized) is ~13.2% and net debt to equity stands at a conservative 0.5x.
Listed peers in Civil Construction: KEC International Ltd, Ircon International Ltd, Techno Electric & Engineering Company Ltd, Rites Ltd, NCC Ltd, G R Infraprojects Ltd.
Valuation & Returns
10 Jul 2026At ₹300.5 a share on 10 Jul 2026, Afcons Infrastructure Ltd (AFCONS) was valued at a price-to-earnings ratio of 44.08x against an industry P/E of 25.97x and a price-to-book of 2.1x on a book value of ₹143.03 per share as of Mar 2025. Solomo computes return on equity of 4.77% and return on capital employed of 13.95% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 44.08x
- Industry P/E
- 25.97x
- P/B
- 2.1x
- EPS (TTM)
- ₹6.82
- Book value / share
- ₹143.03
- ROE
- 4.77%
- ROCE
- 13.95%
- ROA
- 1.46%
- Debt / equity
- 0.45x
- Dividend yield
- 0.83%
- EBITDA margin
- 12.67%
- 52-week range
- ₹265.9 – ₹479.05
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Afcons Infrastructure Ltd (AFCONS) reported revenue of ₹11,948 crore, net profit of ₹251 crore and earnings per share of ₹6.84. That compares with revenue of ₹12,548 crore and net profit of ₹487 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹2,614 crore and net profit ₹-89 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 11,019 | 12,637 | 13,268 | 12,548 | 11,948 |
| Net profit (₹ cr) | 358 | 411 | 450 | 487 | 251 |
| EPS (₹) | 49.51 | 57.09 | 13.2 | 13.24 | 6.84 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 6.20% | 5.99% | -5.42% |
| Profit growth | 19.36% | 31.24% | 8.23% |
| Stock price CAGR | - | - | -32% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 50.17% of Afcons Infrastructure Ltd (AFCONS) (unchanged from the previous quarter), foreign institutional investors (FII) hold 12.14% and domestic institutional investors (DII) hold 20.07%. Promoters have pledged 100% of their holding. Market capitalisation was ₹11,052 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2024.
Largest disclosed public shareholders in Jun 2026: Sbi Small Cap Fund 4.86%, Gamnat Pte. Ltd. 4.44%, Quant Mutual Fund - Quant Small Cap Fund 3.36%, Icici Prudential Infrastructure Fund 3.16%, Nippon Life India Trustee Ltd 3.12%, Synergy Solutions Investments Holding Limited 2.35%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 50.17% | 100% | 12.14% | 20.07% | 49.83% |
| Mar 2026 | 50.17% | 60.1% | 12.19% | 20.95% | 49.83% |
| Dec 2025 | 50.17% | 53.5% | 12.81% | 19.61% | 49.83% |
| Sep 2025 | 50.17% | 53.5% | 12.81% | 17.94% | 49.83% |
| Jun 2025 | 50.17% | 53.5% | 15.8% | 14.53% | 49.83% |
| Mar 2025 | 50.17% | 43.5% | 18.21% | 12.07% | 49.83% |
| Dec 2024 | 50.17% | 43.5% | 18% | 11.12% | 49.83% |