Afcons Infrastructure Earnings Call Transcript: Key Takeaways
Afcons reported weak Q2 revenue de-growth of 6.3% due to execution constraints and monsoon, though order book remains at record highs.
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Afcons reported weak Q2 revenue de-growth of 6.3% due to execution constraints and monsoon, though order book remains at record highs.
Q2 FY27 total income ₹2,906 Cr (-6.3% YoY); EBITDA ₹316 Cr at 10.9% margin; PAT ₹41 Cr (-60.9% YoY). Order book ₹43,837 Cr; H1 book-to-bill 3.95x.
Afcons Infrastructure released Q2 and H1 FY27 results, with profit sharply lower year-on-year. Pending order book stood at ₹43,837 Cr as of September 2026.
Afcons Infrastructure Ltd reported revenue from operations of ₹2,635 Cr (-11.8% YoY) and net profit of ₹41.1 Cr (-60.9% YoY) for Q2 FY27.
Afcons secured two EPC orders in Uttar Pradesh worth Rs 3,469 crore combined. Clients are UPEIDA (Jewar expressway) and UPMRC (Lucknow Metro).
Afcons Infrastructure has scheduled a board meeting on November 4, 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026. The trading window stays closed until 48 hours after results are made public.
Afcons Infrastructure Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026.
Afcons Infrastructure received an appellate order confirming a previously disclosed GST demand of Rs. 38.82 crore plus penalty. The company intends to challenge this order.
India Ratings assigned AA-/Stable to Afcons' ₹250 Cr NCDs and affirmed A1+ on its ₹500 Cr CP. Ratings support the company's debt-raising capacity.
Afcons Infrastructure Limited issued Commercial Papers worth ₹35 Crores on a private placement basis. These unsecured debt instruments mature in 77 days.
Afcons Infrastructure received a GST demand order for Rs. 1.18 Crore for FY 2020-21. The company contests the order and denies any financial impact.
Afcons Infrastructure Limited has fully redeemed Commercial Paper worth Rs. 100 Crore on its maturity date.
Afcons Infrastructure Limited announced the record date of October 5, 2026, for the maturity of its commercial paper worth Rs. 100 Crore.
India Ratings and Research has affirmed the credit rating of 'IND A1+' for Afcons Infrastructure's Rs. 500 Crore Commercial Paper programme.
Afcons Infrastructure intimated the record date of September 29, 2026, for interest payment on NCDs 84AIL28, due October 14. No interest amount was specified in the filing.
Afcons Infrastructure received a favourable ₹335.50 Crore arbitral award from the Uttar Pradesh Expressways Industrial Development Authority. The amount is payable subject to no legal challenges.
CRISIL Ratings has revised the outlook for Afcons Infrastructure Limited to 'Negative' from 'Stable'. Ratings for long-term bank facilities and NCDs were reaffirmed at 'CRISIL AA-'.
Q1 FY27 results show a sharp revenue and profit decline due to execution delays and liquidity constraints. Management remains optimistic about H2 recovery based on a massive ₹43,290 Cr order book.
Afcons reported Q1 FY27 Total Income of ₹2,727 Cr and PAT of ₹30 Cr. The company maintains a robust order book of ₹43,290 Cr.
Afcons Infrastructure reported Q1 FY27 total income of ₹2,727 Crore and an order book reaching ₹43,290 Crore.
Afcons Infrastructure Ltd reported revenue from operations of ₹2,671 Cr (-20.8% YoY) and net profit of ₹30.3 Cr (-77.9% YoY) for Q1 FY27.
Afcons Infrastructure Limited secured a ₹1,918 Crore contract from Brihanmumbai Municipal Corporation. The project involves constructing a desalinated water conveyance tunnel in Mumbai.
Afcons Infrastructure Limited filed its half-yearly statement detailing outstanding debt securities as of March 31, 2026, as required by SEBI regulations.
Afcons Infrastructure Limited has successfully redeemed Commercial Paper worth ₹50 Crore on its maturity date. This redemption marks the full settlement of the specified debt instrument.
Afcons Infrastructure Ltd scheduled a board meeting for August 7, 2026. The board will consider the unaudited financial results for the June 30, 2026 quarter.
Afcons Infrastructure secured two urban infrastructure projects valued at nearly ₹900 Crore in July. These order wins strengthen the company's presence in the sector.
Afcons Infrastructure Limited announced the re-appointment of Mr. Subramanian Krishnamurthy as Executive Chairman and Mr. Srinivasan Paramasivan as Managing Director following recent AGM approval.
Afcons Infrastructure Ltd announced the voting results for its Annual General Meeting held on 30th July 2026, where all nine resolutions were approved by shareholders.
Afcons Infrastructure Limited held its 50th Annual General Meeting, passing resolutions including director appointments and authorization to issue NCDs up to ₹ 250 Crore.
Afcons Infrastructure Ltd set August 4, 2026, as the record date for the maturity of its Rs.50 Crore commercial paper.