Afcons Infrastructure schedules 50th AGM on July 30, 2026

Afcons Infrastructure Limited has scheduled its 50th Annual General Meeting (AGM) for Thursday, July 30, 2026, at 3:00 P.M. IST through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The company filed its Annual Report for FY 2025-26, reporting a total income of ₹12,322.10 Crores and a profit after tax of ₹250.74 Crores. The Board has recommended a final dividend of ₹2 per equity share for the financial year ended March 31, 2026.

The AGM notice includes the re-appointment of Mr. Subramanian Krishnamurthy as Executive Chairman and Mr. Srinivasan Paramasivan as Managing Director, each for a term of two years effective July 1, 2026. The agenda also features a resolution to raise up to ₹250 Crores via Non-Convertible Debentures on a private placement basis. The meeting will be conducted via VC/OAVM in compliance with Ministry of Corporate Affairs Circular No. 03/2025 dated September 22, 2025.

Financial Performance

The company navigated a challenging operating environment in FY 2025-26, marked by slower order inflows and execution headwinds. Consolidated financial results for the year ended March 31, 2026, are detailed below:

Metric	FY 2025-26	FY 2024-25	Change (%)
Total Income	₹12,322.10 Crores	₹13,022.77 Crores	-5.38%
EBITDA	₹1,362.26 Crores	₹1,661.80 Crores	-18.03%
Profit Before Tax	₹386.79 Crores	₹710.01 Crores	-45.52%
Profit After Tax	₹250.74 Crores	₹486.79 Crores	-48.49%

On a standalone basis, Total Income stood at ₹12,308.38 Crores, while Profit After Tax was ₹289.90 Crores. The Managing Director noted that operating margins were sustained at 11%+ through disciplined cost management.

Order Book and Dividend

Afcons secured new orders worth approximately ₹4,125 Crores during the year, maintaining a pending order book of ₹32,496 Crores as on March 31, 2026. The company expanded its international footprint by entering Croatia and strengthening its presence in Africa.

The Board recommended a dividend of ₹2 per share, entailing a total outlay of ₹73.56 Crores. The Record Date for determining eligibility is Thursday, July 23, 2026, with payment scheduled on or before August 28, 2026, subject to shareholder approval.

Corporate Governance and ESG

During the year, Mr. Subramanian Krishnamurthy was elevated to Executive Chairman effective August 28, 2025. The Board comprised 12 Directors as on March 31, 2026. On the ESG front, the company reported a Green Business Revenue Share of 43% and total CSR expenditure of ₹4.14 Crores.

E-voting and Meeting Details

Members can cast their votes via remote e-voting from Sunday, July 26, 2026, at 9:00 a.m. IST to Wednesday, July 29, 2026, at 5:00 p.m. IST. The cut-off date to determine entitlement for e-voting is Thursday, July 23, 2026. The facility for e-voting during the AGM will also be available. The Board has appointed Mr. Mitesh Dhabliwala and Mr. Mohammad Pillikandlu of M/s. Parikh Parekh & Associates as Scrutinizers for the e-voting process.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.63%	-4.21%	-9.41%	-15.92%	-30.23%	-36.95%

Afcons Infrastructure Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with BSE Limited and the National Stock Exchange of India Ltd. The filing, made on July 08, 2026, discloses the company's performance on environmental, social, and governance parameters as mandated by Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The report includes a limited assurance statement on the BRSR Core Indicators provided by Deloitte Haskins and Sells LLP.

The company reported that its ‘Green Business’ portfolio contributed 43% of the total revenues in FY 2025-26, classified in line with the FTSE Green Revenues Classification System 2.0 (GRCS 2.0). Afcons operates across 15 states in India and 12 countries internationally, with exports contributing 27.97% of the total turnover. The infrastructure major focuses on sectors such as roads and highways, bridges, metros, railways, and marine infrastructure.

Operational and Employee Metrics

Afcons manages 82 locations nationally, comprising 77 plants and 5 offices, and 13 international locations. The company’s workforce includes 3,730 employees and 31,602 workers. The data for workers includes those employed directly by Afcons as well as through subcontractors and manpower suppliers. The report indicates that 0% of the workforce consists of differently abled employees or workers.

Category	Total	Male	Female
Permanent Employees	3,570	3,458	112
Other than Permanent Employees	160	157	3
Total Employees	3,730	3,615	115
Permanent Workers	56	56	0
Other than Permanent Workers	31,546	31,546	0
Total Workers	31,602	31,602	0

Sustainability and Governance

The Corporate Social Responsibility and Sustainability Committee (CSSR Committee), chaired by Executive Chairman Mr. Subramanian Krishnamurthy, oversees sustainability-related issues. The company identified material responsible business conduct issues including energy and GHG emissions, water management, and occupational health and safety. To mitigate risks, Afcons is maximizing the use of grid electricity, implementing wastewater treatment systems, and ensuring 100% of the workforce receives training on Occupational Health and Safety.

The report confirms that 82.94% of inputs were sourced sustainably. Afcons has implemented an Occupational Health and Safety Management System aligned with ISO 45001:2018 standards across all operational locations. The company reported zero fines, penalties, or punishments imposed on the entity, its directors, or Key Managerial Personnel during the financial year.