Afcons Infrastructure Limited is an infrastructure engineering and construction company of the Shapoorji Pallonji group, with a legacy of over six decades. As of September 30 2023, the company has completed 76 projects across 15 countries with a total historic executed contract value of Rs 522.20 billion.

As of September 30, 2023, the company has 67 active projects across 13 countries, totaling an order book of Rs 348.88 billion. The company is globally present in Asia, Africa and Middle East.

The company has five major infrastructure business verticals

1. Marine and industrial projects include covering ports, harbor jetties, dry docks, wet basins, breakwaters, outfall and intake structures, liquefied natural gas tanks, and material handling systems.
2. Surface transport projects cover highways, roads, interchanges, mining-related infrastructure, and railways.
3. Urban infrastructure projects include elevated and underground metro works, bridges, flyovers, and elevated corridors.
4. Hydro and underground projects cover dams, barrages, tunnels (including large road tunnels), and underground works, water, and irrigation.
5. Oil and gas projects cover both offshore and onshore oil and gas projects.

For the year/period ended (Rs. in Cr.)

For year/ period ended ( in Cr.)

• Strong Track Record of Timely Execution of Large-Scale, Complex and High-Value Projects;
• Large Order Book and Strong Financial Performance;
• Collaboration among Internal Teams and with JV counterparties, and a Strategic Equipment Base leading to Strong Execution Capabilities;
• Knowledge Management and Innovation Practices;
• Experienced Leadership Team with Shapoorji Pallonji Group parentage;

Strong Risk Management, Project Selection and Dispute Resolution Processes.

• Capital expenditure towards purchase of construction equipment
• Funding long term working capital requirements
• Prepayment or scheduled repayment of a portion of certain outstanding borrowings and acceptances availed by the Company

General corporate purpose

The company is a flagship infrastructure company of Shapoorji Pallonji group and has well diversified activities and around 30% export revenues. It marked steady growth in its top and bottom lines for the reported periods. Hence, investors should apply for handsome rewards in medium to long term.