Company profile / AFCONS

Afcons Infrastructure

Other · 2 quarters tracked · source-linked performance and management context.

Research layer active

WatchCredibility 0/100Latest record q3-fy26

Latest revenue

₹2,976 Cr

verified financial record

Quarters tracked

source records in the directory

Delivery assessment

Across 1 tracked commitments: 0 delivered, 1 missed.

Call date

2026-02-10

latest available source date

Signal trajectory

2 actual quarters

EBITDA (₹ Cr)PositiveWatchNegative

2 actual records

Values are taken from the available verified source records; sentiment color is a separate source-read indicator.

Current read

0/100

Across 1 tracked commitments: 0 delivered, 1 missed.

Latest source read

What changed this quarter?

Open quarter read

Afcons reported Q3 FY26 revenue of ₹3,125 crore, down 9% YoY, impacted by execution delays, slow conversion of L1 orders, and liquidity issues with government clients. EBITDA margin improved 50 bps YoY to 14%, aided by project savings and arbitration awards, though PAT fell 35% to ₹97 crore due to a ₹76.5 crore labor code provision. Order inflow was ₹3,700 crore YTD, with a pending order book of ₹32,635 crore. Management maintained its full-year order inflow guidance of ₹20,000 crore, expecting large awards in Q4 including a Croatia rail project (₹6,600 crore). Revenue growth guidance was revised to 5% from 10%, with Q4 execution needing a sharp pickup. Risks include delayed TBM clearance for the bullet train project, aggressive bidding in metros, and stuck payments in UP Jal Jeevan Mission.

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Signal

Watch

Revenue

₹2,976 Cr

Source date

2026-02-10

Across the record

Quarter history.

2 source records

History modules

Follow the numbers and themes.

Revenue history PAT history Margin trend Guidance tracker Bear-case history Language trends FY26 summary