AFCONS Infrastructure has recently announced that it has emerged as the lowest bidder for contracts totaling an impressive ₹9,000 crore. This significant achievement highlights the company’s competitive edge in the infrastructure sector, positioning it for substantial growth in the coming years.
Currently, AFCONS boasts a robust order book of ₹45,000 crore, which includes several L1 (lowest bid) positions. This solid foundation is indicative of the company’s ability to secure new projects and expand its operations. The management has expressed an optimistic outlook, aiming for a book-to-build ratio of 2.5 to 3 times.
The company expects to book additional orders worth at least ₹5,000 crore, further enhancing its market position. This growth trajectory is backed by AFCONS’ historical compound annual growth rate (CAGR) of 18.5% in topline growth.
