Shares of Afcons Infrastructure Restricted slid to a day low of Rs 289.80 on 19 Could, after the corporate posted a web lack of Rs 88.4 crore for the fourth quarter of FY26. That compares to a revenue of Rs 110.9 crore in the identical interval final yr.
The numbers have been exhausting to disregard. Income fell 18.9% year-on-year to Rs 2,613.8 crore. EBITDA dropped sharply to Rs 170 crore, with the margin compressing to six.1% from 12.2% a yr in the past. To place it plainly, Afcons was profitable work however struggling to earn a living from it.
The steering image was worse. In the beginning of FY26, the corporate had guided for 20-25% income development. That was minimize to 10% mid-year, then trimmed once more to five% in Q3.
The precise consequence was a 5% decline. On order inflows, administration had guided for Rs 20,000 crore. The yr closed at Rs 4,125 crore. Not even shut.
For the total yr, consolidated PAT got here in at Rs 251 crore, down 48.5% from Rs 487 crore in FY25. Borrowings rose to Rs 3,538 crore from Rs 2,235 crore a yr in the past, and working money flows stayed unfavorable.
The order ebook stood at Rs 32,496 crore as of March 2026, with metro and elevated hall tasks making up 51.9% of the pipeline.
The corporate accomplished key milestones throughout the yr, together with the Bangalore Silk Board metro stretch and two packages on the Delhi-Meerut Namo Bharat Hall.
The board additionally really useful a dividend of Rs 2 per fairness share for FY26, topic to shareholder approval on the upcoming AGM.
At 10:21 am on NSE, shares of Afcons have been buying and selling at Rs 304.30, down 2.17% on the day. The inventory is now down 22.25% year-to-date and 34.46% over the previous yr.
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