AVP Infracon

SMENSE: AVPINFRA
Compare with peers
₹ 60.15▼ 1 (−1.64%)28 Oct, 03:29 pm IST
Market cap
₹ 152 Cr.
P/E
4.2x
P/B
0.87x
52-week range
53.05 – 174
ROE
28%
ROCE
23%
Dividend yield
0%
Debt / equity
1.31
Sector
Construction
Industry
Civil Construction
Listed on
NSE SME

About

AVP Infracon Limited is an India-based infrastructure development company. The Company is mainly involved in the construction of projects based on bill of quantities (BOQ) and engineering, procurement and construction (EPC) methods for all types of infrastructure development works, construction works and high value projects. It is engaged in the business of construction and transacts the business to construct, build, alter, acquire, convert, improve, design, erect, establish, equip, develop, dismantle, pull down, level, decorate, fabricate, reconstruct, renovate, remodel, rebuild all types of infrastructure developmental works, constructions works such as technically complex and high value projects like express ways, national highways, flyovers, bridges and viaducts, irrigation projects, urban development - civic amenities, hospitals, warehouses, hotels and other commercial and residential projects.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Civil Construction: 182 companies →

AVP Infracon against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)4.2 against a typical 14.4: cheaper than most peers (1st = cheapest).14th of 181
  • Sales growth+159.1% against a typical +8.6% from a year earlier.10th of 147
  • Profit growth+72.7% against a typical 0% from a year earlier.26th of 130
  • Share price, 3 months−15.7% against a typical −13.1%.93rd of 164
  • Size₹ 151.9 Cr. market value against a typical ₹ 148 Cr. (1st = largest).78th of 156

Latest announcements

Exchange filings and their impact on the company.

  • 26 Oct 2026Press ReleaseHigh impactPositivePrice −1.3% on 27 Oct
    H1 revenue up ~25% with 80% of FY26 receivables collected, targeting Rs 600 cr FY27 revenue on Rs 400 cr order book.

    AVP Infracon said H1 FY27 revenue grew about 25% year-on-year on timely project execution. It has recovered about 80% of its FY26 receivables, improving cash flow and working capital. It is targeting Rs 600 crore revenue in FY27, backed by a Rs 400 crore unexecuted order book to be executed this year.

    Filing
  • 21 Oct 2026General UpdatesHigh impactVery positivePrice −6.7% that day
    H1 turnover up ~25% and 80% of stuck receivables recovered, boosting growth and cash flow.

    AVP Infracon said it completed the first half ended September 2026 and H1 turnover in FY27 is up about 25% versus H1 last year. It also recovered 80% of trade receivables outstanding as of March 31, 2026 that were stuck due to Tamil Nadu elections and government formation. The update points to stronger growth and a meaningful easing of working-capital stress, with formal results to follow after a board meeting.

    Filing
  • 13 Oct 2026Outcome of Board MeetingMedium impactPositivePrice +20% on 14 Oct
    AVP Infracon closed its QIP, allotting 44.24 lakh shares at Rs 56.50 to raise ~Rs 25 cr.

    AVP Infracon closed its Qualified Institutional Placement on October 13, 2026, after opening on October 9, 2026. It allotted 44,24,000 equity shares at Rs 56.50 per share, a small premium to the Rs 56.23 floor price, raising about Rs 25 crore. The new equity strengthens the balance sheet and provides funds to cut debt or support working capital, though it dilutes existing shareholders by about 18%.

    Filing
  • 9 Oct 2026Outcome of Board MeetingHigh impactPositivePrice +9.6% on 12 Oct
    AVP Infracon opened its QIP on Oct 9 at Rs 56.50 floor price, setting up a large dilutive equity raise.

    On Oct 9, 2026, AVP Infracon's board approved the preliminary placement document and opened its QIP issue, fixing the floor price at Rs 56.50 per share under SEBI ICDR rules. The filing does not disclose the issue size or number of shares. The raise will increase equity and reduce leverage for the small-cap road infra company, but will dilute existing shareholders when allotted.

    Filing

Fund raises

QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates

Equity fund raises
StageDetails
13 Oct 2026QIPAllotted₹ 25 Cr.₹ 56.5+6.46%
9 Oct 2026QIPIssue opened—₹ 56.5+6.46%
21 Oct 2025WarrantsBoard approved₹ 40 Cr.₹ 200−69.92%

Research by Minerva Capital Research Solutions

Our research team's work on AVP Infracon

Also covered in

IPO note · 30 Jul 2025 · Free

Board meetings

Results dates and other board meetings. Full calendar

Details
31 Aug 2026Fund RaisingTo consider Fund Raising
8 Aug 2026Board Meeting IntimationAVP INFRACON LIMITED has informed the Exchange about Board Meeting to be held on 08-Aug-2026 to consider Fund raising.
18 May 2026Financial ResultsTo consider and approve the financial results for the period ended March 31, 2026
13 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
2 Aug 2025Fund Raising/Other business mattersTo consider Fund Raising and other business matters
29 Apr 2025Board Meeting IntimationAVP INFRACON LIMITED has informed the Exchange about Board Meeting to be held on 29-Apr-2025 to inter-alia consider and approve the Audited Financial results of the Company for the Yearly ended March 2025 .

Share price

1M change +10.27%
2 of 4 filing days came with a big price moveBiggest +20% on 14 Oct 2026AI reading matched the move 2 of 2
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales638896177193228
Expenses506974144151192
Operating Profit131922334235
OPM %20%21%23%19%22%16%
Other Income111313
Interest2447910
Depreciation112233
Profit before tax101417263125
Tax %25%23%27%23%25%24%
Net Profit71113202319
EPS in Rs15.154.415.118.149.287.59

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
49%
3 Years
58%
TTM
54%
Compounded Profit Growth
10 Years
—
5 Years
80%
3 Years
52%
TTM
27%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
31%
3 Years
29%
TTM
—

Shareholding

Latest: Mar 2026.

Promoters
62.41%
+0.08 pts in a year
FIIs
0%
−4.94 pts in a year
DIIs
0.21%
−4.07 pts in a year
Public
37.38%
+8.93 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 4.2xEPS (12 months) ₹ 16.86Median P/E 13.4x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
AVP Infracon₹ 60.15₹ 152 Cr.4.2x0.9x28%—
DLF₹ 653.55₹ 1,61,774 Cr.39x3.6x10%32%
Lodha Developers₹ 963.00₹ 1,01,441 Cr.33.7x5.1x15.8%20.6%
Indus Towers₹ 380.00₹ 1,00,250 Cr.14.9x2.7x19.8%22%
Oberoi Realty₹ 1,587.20₹ 57,846 Cr.27.3x3.8x—41.6%
Godrej Properties₹ 1,497.90₹ 45,121 Cr.166x3.3x10.2%35.9%

Management

Dhandayuthapani Prasanna
Chairman of the Board, Chief Executive Officer, Managing Director
Bollam Venkateshwaralu
Chief Financial Officer, Joint Managing Director, Executive Director
Priyanka Singh
Company Secretary, Compliance Officer

Prices are delayed and for information only. Nothing on this page is investment advice.