Afcons Infrastructure Limited — Updates, 13-02-2025: Press Release

Afcons Infrastructure Limited reported impressive quarterly and nine-month results, with total income of ₹3,332 crore for Q3 FY25, up 4.7% year-on-year, and a healthy EBITDA margin of 13.5%, reflecting operational efficiency. The company recorded a significant 35.7% increase in profit after tax, reaching ₹149 crore, resulting in a PAT margin of 4.5%. For the nine months ending December 2024, total income stood at ₹9,635 crore, slightly down by 2.1% year-on-year, with EBITDA at ₹1,247 crore, up 13.3%.

Afcons has a robust order book of ₹38,021 crore, excluding L1 projects, providing a solid foundation for continued growth, with a book-to-bill ratio of 3.1x. The company’s net debt significantly reduced to ₹2,692 crore, enhancing its financial stability. Additionally, Crisil upgraded its rating to AA-/Stable for long-term and A1+/Stable for short-term loans. Inclusion in the MSCI India Domestic Small Cap Index further reinforces Afcons’ market position and growth prospects.