Afcons Infrastructure Limited — Investor Meet, 16-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Afcons reported 9M FY26 income of INR 9,545 Cr (-0.9%) and EBITDA of INR 1,269 Cr (13.3% margin). Q3 income fell 9% YoY, but EBITDA margin rose to 14%. PAT was INR 97 Cr, impacted by a INR 76.51 Cr labor code provision. New orders totaled ~INR 3,700 Cr, boosting the pending order book to INR 32,635 Cr. Management targets INR 20,000 Cr FY26 order inflows, expecting a INR 6,700 Cr Croatia rail project. Maharashtra L1 bids may rebid. Execution challenges include UP's Jal Jeevan Mission payments and high-speed rail TBM delays. Confident in 5% full-year revenue growth and targeting INR 20,000 Cr annual order bookings, Afcons prioritizes operational excellence.