Afcons Infrastructure Limited — PPTs, 23-11-2024: Investor Presentation

**Financial Highlights:**

Afcons Infrastructure reported a total income of ₹3,090 Cr for Q2 FY25, reflecting a decrease of 10.0% year-on-year compared to ₹3,434 Cr. The group’s EBITDA reached ₹427 Cr with an improved EBITDA margin of 13.8% in Q2. For H1 FY25, total income stood at ₹6,303 Cr down 5.3%, while PAT recorded ₹227 Cr, marking a 16.3% increase compared to the previous year.

**Strategic Initiatives and Growth Drivers:**

The company maintains a strong order book valued at ₹34,152 Cr as of September 2024, resulting in a Book to Bill ratio of 2.7x. Afcons is actively pursuing high-value and complex projects, enhancing capabilities and equipment while targeting growth opportunities in both existing and new markets.

**Business Developments:**

New project wins, including critical infrastructure developments in India and overseas, underscore Afcons' strategy to focus on technically complex and high-margin projects. Significant ongoing projects include the Greater Male Connectivity in the Maldives and key metro projects across India.

**Market Position and Competitive Advantage:**

As a leading player in India’s infrastructure sector, Afcons holds a strategic position with diverse capabilities across multiple segments. The company ranks among the top in key areas such as marine and industrial construction, leveraging its experience and equipment for complex projects.

**Investor Implications:**

The recent financial performance indicates resilience despite revenue challenges, suggesting a potential for recovery with ongoing projects and a robust order pipeline. Investors should watch closely as Afcons' strategy to optimize project execution and expand its international footprint could unlock future growth.