ALPHA TRIBE

AVP Infracon LimitedUpdates, 30-01-2025: Press Release

30-01-2025 | 12:14 pm

AVP Infracon Limited has received a long-term credit rating of ‘ACUITE BBB’ with a ‘Stable’ outlook and a short-term rating of ‘ACUITE A3+’ from Acuité Ratings & Research Limited for its bank facilities totaling ₹107 Cr. This rating is a testament to the company’s strong operational performance, experienced management, and steady growth trajectory. AVP Infracon focuses on constructing expressways, highways, bridges, and flyovers, currently holds a robust order book valued at ₹300 Cr, and has demonstrated healthy profitability margins.

Management expressed satisfaction with the rating, viewing it as an affirmation of their financial health and operational capability, which could boost their strategic initiatives for scaling operations and enhancing technological presence. Acuité Ratings projects sustained performance stability, contingent on AVP Infracon's ability to maintain revenue growth, manage working capital effectively, and deliver projects on schedule. A positive outlook remains as the company aims to continue contributing significantly to infrastructure development in India.

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