AFCONS
OVERVALUEDAfcons Infrastructure Limited
Infrastructure · NSE
↓ 37.9% vs fair value
52W Low
₹266
+12.5% from low
52W High
₹479
-37.6% from high
Valuation Gauge
Current Price
₹299
Fair Value
₹217
Fair Value Analysis
₹217
Based on balance sheet strength analysis and earnings growth potential for Infrastructure sector companies | CAUTION: ROCE declining (latest 17.9%) — returns on capital are falling; verify this isn't a value trap. | Growth capped at 9.5% (ROE 8.3%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable.
Balance Sheet Value
55% weight
Growth Valuation
46% weight
Price vs Market
Shareholding Pattern
Stock Health Score
Solid Fundamentals
Profitability
ROE of 8.3% is acceptable for Infrastructure sector (benchmark: 15%)
Debt & Leverage
D/E ratio of 0.7x is well within the Infrastructure sector norm of 2.0x — strong balance sheet
Valuation vs Peers
P/E of 27.4x trades at a 76% discount to Infrastructure sector median (112x) — attractively valued
Cash Flow
Negative FCF of ₹-477 Cr — company is consuming more cash than it generates
Earnings Growth
5yr EPS CAGR of 11.0% is well below Infrastructure sector average of 42.2%
Dividend
Dividend yield of 0.7% provides moderate shareholder returns
Company Health Timeline
10-year financial health at a glance
Sentiment Trend — Last 30 Days
Historical Returns
Key Ratios & Growth
FCF Yield
-2.1%
Free cash flow / market cap
Revenue Growth (YoY)
-7.3%
Year-on-year revenue change
Profit Growth (YoY)
-34.9%
Year-on-year PAT change
Operating Cash Flow
₹-132 Cr
TTM cash from operations
Key Financials
EPS (TTM)
₹12.3
P/E Ratio
27.4x
P/B Ratio
2.3x
ROE
8.4%
ROCE
13.3%
Debt / Equity
0.66x
Beta
—
Div Yield
0.8%
FCF (Cr)
₹-477 Cr
Revenue (Cr)
₹12,504 Cr
EPS Growth 5Y
11%
Mkt Cap (Cr)
₹12,376 Cr
52W High
₹479.4
52W Low
₹265.8
Book Value/Share
₹146.7
Financial History
| Period | Revenue | Op Profit | OPM% | PAT | EPS |
|---|---|---|---|---|---|
| TTM | ₹12.6K Cr | ₹1.5K Cr | 12.0% | ₹450 Cr | ₹12.27 |
| 2025-03-31 | ₹12.5K Cr | ₹1.4K Cr | 11.0% | ₹487 Cr | ₹13.24 |
| 2024-03-31 | ₹13.3K Cr | ₹1.4K Cr | 10.0% | ₹450 Cr | ₹13.20 |
| 2023-03-31 | ₹12.6K Cr | ₹1.3K Cr | 11.0% | ₹411 Cr | ₹57.09 |
| 2022-03-31 | ₹11.0K Cr | ₹943 Cr | 9.0% | ₹358 Cr | ₹49.51 |
| 2021-03-31 | ₹9.4K Cr | ₹870 Cr | 9.0% | ₹170 Cr | ₹23.20 |
| 2020-03-31 | ₹9.9K Cr | ₹821 Cr | 8.0% | ₹248 Cr | ₹34.12 |
Compounded Growth Rates
Sales Growth
Profit Growth
EPS Growth
Peer Comparison
Infrastructure| Stock | Price | Fair Value | MoS% | P/E | ROE | Signal |
|---|---|---|---|---|---|---|
KNR Constructions | ₹132.5 | ₹611.1 | +78.3% | 7.8 | 16.8% | UNDERVALUED |
H.G. Infra Engineering | ₹599.4 | ₹2,524.8 | +76.3% | 10 | 19.1% | FAIRLY_VALUED |
PNC Infratech | ₹212.8 | ₹548.9 | +61.2% | 7 | 10.8% | FAIRLY_VALUED |
Ashoka Buildcon | ₹123.6 | ₹266.6 | +53.6% | 1.3 | 9.7% | UNDERVALUED |
J.Kumar Infraprojects Limited | ₹489.7 | ₹1,012.6 | +51.6% | 9.6 | 11.7% | UNDERVALUED |
Patel Engineering Limited | ₹26 | ₹53.6 | +51.5% | 9.2 | 6.5% | UNDERVALUED |
Dilip Buildcon Limited | ₹430.9 | ₹738.8 | +41.7% | 4.6 | 7.5% | UNDERVALUED |
G R Infraprojects | ₹940.1 | ₹1,569.2 | +40.1% | 10 | 10.1% | FAIRLY_VALUED |
Institutional Activity
Bulk deals, block deals, short selling & delivery volume — NSE data
Insider Trading
Community Pulse
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