Published: 25th Oct 2024
By: Value Research
Afcons Infrastructure is an engineering, procurement, and construction (EPC) player. It is the flagship infra company of the Shapoorji Pallonji Group. As of June 2024, it had an order book of Rs 31,747 crore.
The company boasts a stellar track record of executing large-scale complex projects in a timely manner. It has undertaken many projects in verticals like railway, marine and highway projects, among others.
The company has maintained long-standing client relationships. Its association with IHI Corporation and Reliance Industries, for instance, has spanned over 15 years.
The company’s order book is heavily dependent on government contracts. Moreover, its high contingent liabilities remain a risk. To check the risk factors in detail, read our story from the link below: