Afcons Infrastructure Limited · NSE:AFCONS
Afcons Infrastructure — Q1 FY26 Earnings Presentation
38 slides from Afcons Infrastructure's earnings presentation, Aug 8, 2025
Slide 1: Exchange filing cover letter
Date: August 08, 2025 To To The Compliance Manager The Manager, Listing Department BSE Limited National Stock Exchange of India Ltd Corporate Relationship Dept., Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai 400001. Bandra (East), Mumbai
Slide 2: Investor Presentation – Q1 FY26
Afcons Infrastructure Limited Investor Presentation – Q1 FY26
Slide 3: Safe Harbor Statement
Safe Harbor Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Afcons Infrastructure Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscri
Slide 4: Financial Snapshot
Financial Snapshot Hankede Bridge, Addu City, Maldives
Slide 5: Q1 FY26 Result Highlights
Q1 FY26 Result Highlights ₹ 3,419 Cr 15.6% ₹ 35,311 Cr# ROCE1 Order Book Total Income Q1 FY26 Q1 FY26 Q1 FY26 (# excl. L1 ₹ 21,556 Cr - as on date) ₹ 445 Cr 10.3% ₹ 1,093 Cr # ROE1 Order Inflow EBITDA* Q1 FY26 Q1 FY26 Q1 FY26 (# excl. L1 ₹ 21,556 Cr - as on date ) ₹ 137 Cr 0.5x 2.6x PAT Net Debt to
Slide 6: Consolidated Financial Performance – Q1 FY26
Consolidated Financial Performance – Q1 FY26 Total Income (₹ Cr) EBITDA* (₹ Cr) & EBITDA Margin* (%) PAT (₹ Cr) & PAT Margin (%) 11.6% 12.2% 13.0% 2.9% 3.3% 4.0% +6% +20% +50% 3,387 3,419 445 137 3,213 415 372 111 92 Q1 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q4 FY25 Q1 FY26 Q1 FY25 Q4 FY25 Q1 FY26 Note: *Comp
Slide 7: Q1 FY26 Consolidated Income Statement
Q1 FY26 Consolidated Income Statement Particulars (₹ Cr) Q1 FY26 Q1 FY25 Y-o-Y Q4 FY25 Q-o-Q Revenue from Operations 3,370 3,154 3,223 Other Income 49 59 164 Total Income 3,419 3,213 6.4% 3,387 0.9% Cost of Material Consumed 680 798 890 Cost of Construction 1,538 1,386 1,295 Employee Expenses 378 34
Slide 8: Company Overview
Company Overview Nouakchott Container Terminal, Mauritania
Slide 9: Corporate Snapshot
Corporate Snapshot Flagship Infrastructure Engineering and Construction Company of the Shapoorji Pallonji Group Leading Global EPC company with an Established Track Record in executing large, complex and high-value projects Extreme Engineering Standardized processes Maintains a strategic Capabilitie
Slide 10: Our Journey So Far
Our Journey So Far 1959 1976 1996 2007 2023 Founded as a partnership between Established as a company: Renamed as “Afcons Infrastructure Achieved total income of INR10bn Won C2 Tunnel Package for Mumbai Rodio Foundation Engineering Asia Foundations and Constructions Limited” to reflect a major thrus
Slide 11: Portfolio Spread across Major Infrastructure Segments
Portfolio Spread across Major Infrastructure Segments… Afcons provides Engineering, Procurement and Construction (EPC) services across major infrastructure segments Business Segments Marine & Industrial Surface Transport Urban Infrastructure Hydro & Underground Oil & Gas • Ports & Harbours Jetties,
Slide 12: Diverse & High-Quality Order Book
… with Diverse & High-Quality Order Book Order Book (Jun’25): ₹ 35,311 Cr By Segment By Geography By Client Type 3% 5% 12% 12% 13% 32% 10% 25% 79% 22% 88% Urban Infra - Underground & Elevated Metro Surface Transport Overseas Domestic Government Multilateral Private Sector Urban Infra - Bridges & Ele
Slide 13: Strategic Presence in Key Markets
Strategic Presence in Key Markets One of India’s Largest International Infrastructure Companies Middle East Bahrain Iraq Jordan Kuwait Oman Qatar Yemen UAE Asia India1 Bangladesh1 Bhutan Indonesia Africa Kazakhstan Maldives1 Sri Lanka Benin1 Ethiopia Gabon Ghana Guinea Ivory Coast1 Liberia1 Madagasc
Slide 14: Pioneering Extreme Engineering & Construction Projects
Pioneering Extreme Engineering & Construction Projects First of Its Kind Infrastructure Projects – World First of Its Kind Infrastructure Projects – India Chenab Bridge Atal Tunnel Sohar Jetty Kolkata Metro Chennai Metro JNPT, Mumbai World’s tallest single-arch railway World’s longest highway tunnel
Slide 15: Pioneering Extreme Engineering & Construction Projects – Key Ongoing Projects
Pioneering Extreme Engineering & Construction Projects Key Ongoing Projects – India Key Ongoing Projects – Overseas GCPL C2 HSR Mumbai Pune Expressway Project – Missing Greater Male Connectivity – Maldives EPC of 2nd liquid cargo berth at Dahej, Gujarat 21 kms Tunnel project with India’s first under
Slide 16: Experienced Board of Directors
Experienced Board of Directors Mr. Shapoorji Pallonji Mistry Mr. Subramanian Krishnamurthy Mr. Srinivasan Paramasivan Mr. Giridhar Rajagopalan Mr. Umesh Narain Khanna Chairman & Non-Executive Director Executive Vice Chairman (Whole-time Director) Managing Director Deputy Managing Director Non-Execut
Slide 17: Key Awards and Accreditations
Key Awards and Accreditations Winner of British Safety Council’s ‘Excellence in Innovation’ award for ‘Certificate of Recognition’ as one ‘Iconic Project of the Year’ award for International Safety Award Mahatma Gandhi Setu project at the of India’s 500 most valuable Chenab Railway Bridge project at
Slide 18: Key Strengths
Key Strengths ICP-R Process Platform
Slide 19: Strong Risk Management Architecture
Strong Risk Management Architecture Demonstrated ability to assess and manage risks across the project lifecycle Key Considerations Pre-tendering Tendering Execution Country Risk Scope of Work Unknown Site Condition Client Risk Construction Method Known Operational Risk Project Risk Estimates of Con
Slide 20: Robust Contracts Management System
Robust Contracts Management System Sizable percentage of Escalation clauses in Robust contracts contract value contracts to pass cost management system collected as advance overruns to clients to handle disputes payment when contract is executed Collect payments at Actively engage in Built a strong
Slide 21: Knowledge Management and Innovation Practices
Strong Commitment to Knowledge Management and Innovation Practices Focus on transforming into a knowledge enterprise with continuous learning across levels Industry leading knowledge management practice … … with focus on continuous enterprise-wide learning Learn Before Learn During Learn After Only
Slide 22: Strategic Equipment Base across Diversified Segments
Strategic Equipment Base across Diversified Segments 14 Marine Barges 17 Tunnel Boring 8 Large-capacity 145 Cranes 24 Jumbo drills (200 – 1,200 tonne) Machines (TBMs) Jack ups (200–750 tonne) +3 Pending Delivery Strategic Equipment Base ◼ Indigenous strategic equipment fleet ◼ Inventory of customize
Slide 23: Industry Overview
Industry Overview Lusaka City Roads Decongestion Project, Zambia
Slide 24: Robust Indian Infrastructure Growth
Robust Indian Infrastructure Growth Strong Construction Industry Outlook … … with Robust Growth in Infra market … … driven by Significant Increase in Capex India projected to be fastest growing construction Strong emphasis on Infra sector Budgeted capital expenditure has grown 2x in market globally
Slide 25: Attractive Infrastructure Growth in Key Markets
Attractive Infrastructure Growth in Key Markets Average Annual Construction Industry Real Growth $100 $2,366 $286 $307 $1,471 $1,437 Expansion of construction in Large-scale infrastructure and India and ASEAN countries - building projects to drive Key Focus Markets 5.3% the Philippines, Vietnam, and
Slide 26: Key Strategies
Key Strategies Greater Male Connectivity Project, Maldives
Slide 27: Key Strategies to Drive Growth
Key Strategies to Drive Growth Afcons aims to grow business in a sustainable profitable manner by maintaining an order book that matches its execution capacity, rationalizing costs, improving execution efficiencies, and consistently developing capabilities and capacity for project delivery Selective
Slide 28: Sustainability Metrics
Sustainability Metrics Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg, PKG-2
Slide 29: Building Sustainable Tomorrows: Environmental
Extreme Engineering Building Sustainable Tomorrows: Environmental 14,04,296 GJ 74,566 MT 20,88,489 KL 2,44,139 MTCO2e 37,760 MTCO2e Total Energy Consumption Total Waste Generated Total Water Withdrawal Total Scope 1 Emissions Total Scope 2 Emissions Greenbelt Development Work In FY 2024–25, 51% of r
Slide 30: Building Sustainable Tomorrows: Social
Extreme Engineering Building Sustainable Tomorrows: Social Livelihood enhancement 100% 14,637 Performance and Career Development No of Beneficiaries Impacted Farmer Livelihood Improving Water Reviews of Employee Training and Skilling Access through (Hingoli, Marathwada water harvesting Region, Mahar
Slide 31: Financial Performance
Financial Performance Bangalore Elevated Metro
Slide 32: Strong Financial Metrics (1/2)
Strong Financial Metrics (1/2) Order Book (₹ Cr) Total Income (₹ Cr) 36,869 13,647 13,023 30,406 30,961 12,844 FY23 FY24 FY25 FY23 FY24 FY25 EBITDA* (₹ Cr) & EBITDA Margin* (%) PAT (₹ Cr) & PAT Margin (%) 10.7% 11.6% 12.8% 3.2% 3.3% 3.7% 1,583 1,662 487 450 1,374 411 FY23 FY24 FY25 FY23 FY24 FY25 No
Slide 33: Strong Financial Metrics (2/2)
Strong Financial Metrics (2/2) ROE (%) ROCE (%) 14 13 20 20 17 11 FY23 FY24 FY25* FY23 FY24 FY25* Note: * After capital infusion Note: * After capital infusion Net Debt / Equity (times) Net Working Capital (days) 113 0.5 0.4 63 0.3 38 FY23 FY24 FY25 FY23 FY24 FY25# Note: # 25 Days on account of mobi
Slide 34: Consolidated Income Statement
Consolidated Income Statement Particulars (₹ Cr) FY23 FY24 FY25 Revenue from Operations 12,637 13,268 12,548 Other Income 207 379 474 Total Income 12,844 13,647 13,023 Cost of Material Consumed 3,852 4,012 3,290 Cost of Construction 5,201 5,294 5,246 Employee Expenses 1,298 1,383 1,435 Other Expense
Slide 35: Consolidated Balance Sheet (1/2)
Consolidated Balance Sheet (1/2) Particulars (₹ Cr) FY23 FY24 FY25 Equity & Liabilities Equity Share Capital 72 341 368 Other Equity 3,104 3,255 4,893 Non-controlling Interest 2 2 2 Total Equity 3,177 3,598 5,262 Non-current Liabilities Financial Liabilities Borrowings 596 598 595 Lease Liabilities
Slide 36: Consolidated Balance Sheet (2/2)
Consolidated Balance Sheet (2/2) Particulars (₹ Cr) FY23 FY24 FY25 Non-current Assets Property, Plant and Equipment 2,449 2,715 2,631 Capital Work-in-Progress 184 43 33 Right-of-Use Assets 49 68 106 Goodwill 0 0 0 Intangible Assets 1 1 1 Financial Assets . Investments 1 1 1 Trade Receivables 651 499
Slide 37: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (₹ Cr) FY23 FY24 FY25 Cash Flow from Operating Activities Profit before Tax 599 673 710 Adjustment for Non-Operating Items 817 961 921 Operating Profit before Working Capital Changes 1,417 1,633 1,631 Changes in Working Capital -101 -676 -1,523 Cash Gener
Slide 38: Thank You
COMPANY : Afcons Infrastructure Limited CIN: L45200MH1976PLC019335 Name: Ms. Drisha Poddar Email: investor.relations@afcons.com Website: www.afcons.com INVESTOR RELATIONS ADVISORS: MUFG Intime India Private Limited A part of MUFG Corporate Markets, a division of MUFG Pension & Market Services Mr. Ni
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