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Priyam Mehta

7th Nov · SEBI-Registered Analyst

AFCONS
Strong Parentage and Financial Stability

AFCONS
✅ Recent Positives 1. Strong Order Wins Afcons has secured several major projects recently, including a large international railway contract worth around ₹6,800 crore in Croatia. It has also bagged multiple domestic infrastructure contracts worth hundreds of crores, boosting its overall order book. 2. Robust Order Book and Global Presence The company’s total order book remains strong, spread across more than a dozen countries. This diversified presence helps balance risks across geographies and sectors. 3. Growing International Footprint Afcons has been expanding rapidly in overseas markets. Winning global projects, especially in Europe and Africa, has positioned it as a competitive international EPC player from India. 4. Strong Parentage and Financial Stability Being part of the Shapoorji Pallonji Group provides Afcons with financial strength, industry experience, and credibility — key advantages in winning large-scale government and international projects. 5. Focus on Complex, High-Margin Projects Afcons specializes in technically challenging projects such as metro tunnels, undersea tunnels, bridges, and marine terminals. These complex works typically command higher margins and strengthen its project portfolio. 6. Government Infrastructure Push India’s increased spending on transport, metro, and urban infrastructure projects benefits Afcons directly. The government’s focus on long-term infrastructure development aligns well with the company’s core capabilities.

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