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Construction : Cover Story | September 2018 | Source : CW-India

AFCONS INFRASTRUCTURE

Order book: Rs.191.73 billion
Employee strength: 2,900


Part of the Shapoorji Pallonji Group, Afcons Infrastructure is the second largest engineering and construction group in India. With its extensive experience and execution capabilities, the company has managed to show consistent growth over the years. In FY2016-17, Afcons bagged orders worth Rs 139.39 billion - significantly, the order inflow was sustained despite the increased level of competitive intensity in the sector. Its pending order book position on March 31, 2017, was Rs 191.73 billion. The contribution of international orders has also risen. While the order book is strong, at about three times its top-line, Afcons aims to further increase the size going forward. Indeed, the company's growth has been well diversified across different segments and geographies along its desired line and focus. With all segments well balanced, there is no overdependence on any one sector or geography; the company remains present in all areas of operation with reasonable participation. Financially, Afcons achieved a total income of Rs 66.87 billion for FY2018 (FY2017: Rs 64.06 billion) with a consolidated PAT of Rs 1.6412 billion (FY2017: Rs 1.53 billion).
 
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