Investor Presentation

Here's a concise, retail-friendly summary: **Afcons Infrastructure's Q3 & 9M FY26 financial results:** **Business Performance:** Total income for Q3 stood at ₹3,025 Cr and ₹9,545 Cr for 9M FY26. Net profit was ₹97 Cr for Q3 and ₹339 Cr for 9M, both impacted by a one-time ₹76.51 Cr provision for new labor code.

Despite these impacts, the company maintains a robust order book of ₹31,543 Cr (as of Dec '25) with a 9M FY26 order inflow of ₹2,640 Cr.

Order book is primarily Urban Infra (55%) and Hydro & Underground (25%), with 90% domestic projects. **Growth Drivers / Strategy:** Afcons plans to grow sustainably by targeting large, complex projects, expanding in existing & overseas markets, and optimizing project execution with strict cost control.

A strong strategic equipment base, valued at ₹4,284.8 Cr, supports its "extreme engineering capabilities." **Recent Developments:** Notable updates include the CRISIL rating upgrade to AA-/Stable (Long Term) A1+ (Short Term). **Key Financial Metrics:** Key figures include a Net Debt to Equity of 0.5x, annualized ROE of 8.5%, and ROCE of 13.2% for 9M FY26. Book to Bill is strong at 2.5x. **Management Outlook:** The company's forward plan centers on maintaining a strong order book matching execution capacity, rationalizing costs, and continuously enhancing project delivery capabilities.