Afcons Infrastructure Share Price Target 2024 To 2030
Afcons Infrastructure Limited is a major player in the Indian construction and engineering sector, known for its expertise in large-scale infrastructure projects such as roads, bridges, and metro systems.
The company has a solid reputation for delivering complex projects on time, contributing to its steady financial growth over the years.
This article explores Afcons Infrastructure’s projected share price targets for 2024 through 2030, along with key IPO details, financial trends, and fundamental analysis.
Table of Contents
- 1 Fundamental Data
- 2 Afcons infra share price live chart today
- 3 Target Price Calculation Criteria
- 4 Afcons Infrastructure Share Price Target 2024
- 5 Afcons Infrastructure Share Price Target 2025
- 6 Afcons Infrastructure Share Price Target 2026
- 7 Afcons Infrastructure Share Price Target 2027
- 8 Afcons Infrastructure Share Price Target 2028
- 9 Afcons Infrastructure Share Price Target 2029
- 10 Afcons Infrastructure Share Price Target 2030
- 11 Afcons Infrastructure Share Price Target 2025 to 2030
- 12 Afcons Infrastructure financial results
- 13 Shareholding Pattern
- 14 Conclusion
Basic Details of Afcons Infrastructure
| Company Name | Afcons Infrastructure Limited |
| Business Sector | Infrastructure & Construction |
| Stock Symbol | AFCONS, 544280 |
| NSE Listing Status | Listed |
| BSE Listing Status | Listed |
| Official Website | www.afcons.com |
About the Company’s Business
Afcons Infrastructure operates in the construction and engineering industry, providing solutions for various civil engineering projects. Its portfolio includes projects in transport infrastructure, marine works, and oil and gas construction. The company is recognized for its commitment to quality, sustainability, and innovation.
Afcons Infrastructure IPO Details
| Investor Type | Retail |
|---|---|
| Bid Price | ₹440.00 – ₹463.00 |
| Lot Size | 32 Shares |
| Issue Size | ₹5,430.00 Cr |
| Offer Type | Mainboard |
| IPO Type | Book Building |
| Minimum Investment | ₹14,080.00 / 1 Lot |
| Maximum Investment | ₹1,92,608.00 / 13 Lots |
IPO Important Dates
| Important Dates | Details |
|---|---|
| Offer Starts | 25th Oct |
| Offer Ends | 29th Oct |
| Allotment | 30th Oct |
| Listed | 4th Nov |
Subscription Details
- Overall Subscription (Day 3): 2.63x
Listing Details
| Details | Value |
|---|---|
| Issue Price | ₹463.00 |
| Listing Price | ₹430.05 |
| Listing G/L | +2.19% |
Fundamental Data
- 💰 Market Cap: ₹17,736 Cr.
- 📈 Current Price: ₹482
- 📉 52-Week High / Low: ₹486 / ₹420
- 📊 Stock P/E (Price-to-Earnings Ratio): 38.7
- 📚 Book Value: [To be updated]
- 💸 Dividend Yield: 0.00%
- 💪 ROCE (Return on Capital Employed): 23.1%
- 🔄 ROE (Return on Equity): 14.5%
- 📝 Face Value: ₹10.0
Target Price Calculation Criteria
According to Morgan Stanley, the infrastructure sector is expected to grow at a CAGR of 15% over the next five years.
The stock price forecast for 2024 suggests moderate growth, driven by the company’s ongoing projects and operational efficiencies.
| Year | Low Approx | High Approx |
|---|---|---|
| 2024 | ₹440 | ₹550 |
In 2025, the share price may see higher fluctuations due to potential new project acquisitions and advancements in technology.
| Year | Sector CAGR | High Approx |
|---|---|---|
| 2025 | 15% | ₹568 |
The year 2026 could bring further stability to Afcons Infrastructure’s stock as the company continues to expand its project portfolio.
| Year | Sector CAGR | High Approx |
|---|---|---|
| 2026 | 15% | ₹653 |
By 2027, strategic growth and international project bids could contribute to a more substantial increase in stock value.
| Year | Sector CAGR | High Approx |
|---|---|---|
| 2027 | 15% | ₹751 |
The stock in 2028 may show significant progress if Afcons expands into emerging markets and diversifies its services.
| Year | Sector CAGR | High Approx |
|---|---|---|
| 2028 | 15% | ₹864 |
Growth in 2029 could be driven by technological advancements and green infrastructure projects, enhancing the company’s reputation and financials.
| Year | Sector CAGR | High Approx |
|---|---|---|
| 2029 | 15% | ₹993 |
The long-term outlook for 2030 shows potential for Afcons Infrastructure to reach new peaks, backed by strong fundamentals and strategic partnerships.
| Year | Sector CAGR | High Approx |
|---|---|---|
| 2030 | 15% | ₹1142 |
| Year | Sector CAGR 15% | High Approx |
|---|---|---|
| 2025 | 15% | ₹568 |
| 2026 | 15% | ₹653 |
| 2027 | 15% | ₹751 |
| 2028 | 15% | ₹864 |
| 2029 | 15% | ₹993 |
| 2030 | 15% | ₹1142 |
Note: A share split and a bonus issue may affect the target price.
Afcons Infrastructure financial results
| Financial Trend (in Crores) | FY’22 | FY’23 | FY’24 |
|---|---|---|---|
| Total Income | 11,269 | 12,844 | 13,646 |
| PAT (Profit After Tax) | 357 | 410 | 449 |
| Total Assets | 12,973 | 14,301 | 16,233 |
| Net Worth | 2,691 | 3,155 | 3,575 |
| Borrowing | 1,555 | 1,562 | 2,455 |
| Particulars | Pre-Issue | Post-Issue |
|---|---|---|
| Promoter & Promoter Group | 99.0% | 67.2% |
| Public | 1.0% | 32.8% |
| Total | 100% | 100% |
Afcons Infrastructure showcases a solid financial position with consistent revenue growth and a strategic reduction in promoter holdings, indicating greater public interest post-IPO.
Conclusion
The company’s strong financials, evidenced by increasing revenue and a positive profit trajectory, highlight its solid performance over recent years. With a successful IPO, expanding public shareholding, and strategic initiatives in green and technologically advanced projects, Afcons Infrastructure appears well-positioned for steady growth in the coming years.
Investors should keep a close watch on key developments, market conditions, and Afcons’ ability to secure new projects as these will be critical factors influencing its share price. While the projected price targets from 2024 to 2030 show an upward trend, potential risks and market fluctuations should also be considered for a balanced investment approach.
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