Afcons Infrastructure: rating update from India Ratings
Afcons Infrastructure (AFCONS) said India Ratings has reviewed its credit rating. The company is valued at about ₹8,953 crore.
What happened
Afcons Infrastructure (AFCONS) told the exchanges on 15 October 2026 at 02:58 PM that India Ratings has reviewed its credit rating.
Company snapshot
Afcons Infrastructure is a small-cap company in the Construction sector, with a market value of about ₹8,953 crore.
The stock last traded at ₹243.4, against a 52-week range of ₹225.4–₹461 (47.2% below the high).
Before this filing the shares had moved −7.2% over the month and −18.8% over three months. Average daily turnover over the last 20 sessions was about ₹27.02 crore.
Promoters held 50.17% at the end of Q1 FY27; 100.00% of promoter shares were pledged. Foreign institutions owned 12.14% and domestic institutions 20.07%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 3,370 | 137.4 | 3.74 |
| Q2 FY26 | 2,988 | 105.1 | 2.86 |
| Q3 FY26 | 2,976 | 96.8 | 2.63 |
| Q4 FY26 | 2,614 | -88.6 | -2.41 |
| Q1 FY27 | 2,671 | 30.3 | 0.82 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.2% on average the next trading day and was down 1.0% on average after five days (2 filings with price data).
Across 29 similar disclosures by other Construction companies, shares moved −0.4% on average the next day and −1.7% over five days; 31% of them rose the next day.
Market-wide, 1,278 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 46% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 25 Sept 2026 | Credit Rating | −0.8% | −4.5% |
| 20 Aug 2026 | Credit rating | +0.3% | +2.6% |
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
- Afcons Infrastructure (NSEI:AFCONS) Stock Forecast & Analyst Predictions
- Afcons Infrastructure Secures ₹1,632 Crore Contract for Lucknow Metro’s Underground East-West Corridor
- Afcons Infrastructure Completes Redemption Of ₹100 Crore Commercial Paper
- Afcons Infrastructure Issues Commercial Papers Of 350 Million Rupees
- Afcons Infrastructure redeems ₹100 crore commercial paper at maturity
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.