AVP Infracon Limited — Investor Meet, 05-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

AVP Infracon reported FY25 standalone revenue up 80% YoY at INR272.45 Cr, EBITDA of INR59.07 Cr, and PAT of INR33.10 Cr (EPS 13.25). Consolidated revenue grew 82% to INR292.81 Cr with EBITDA at INR62.77 Cr. Order book exceeds INR400 Cr; FY26 revenue is guided above INR500 Cr with INR700–800 Cr incremental order inflow expected. Focus remains on 12% PAT margins, cost control, timely execution, and expanding beyond Tamil Nadu (targeting 25-30% revenue from other states). Solar EPC aims for INR75–100 Cr revenue in FY26. Working capital involves higher short-term loans to ensure project flow; moderate debt increase expected. Capex of up to INR20 Cr planned. Road projects make up ~90% of revenue; private sector participation set to grow. Management is positive on growth while maintaining operational discipline and may shift to quarterly reporting.