The shares of the Micro-Cap stock specializing in infrastructure development, particularly in road construction, highways, bridges, and flyovers, are in focus upon receiving a Letter of Acceptance for Infra Work from Reliance Mappedu Multi Modal Logistics Park Limited.
With a market capitalization of Rs. 462.12 crores on Monday, the shares of AVP Infracon Limited jumped upto 1.2 percent, making a high of Rs. 188.55 per share compared to its previous closing price of Rs. 186.30 per share.
AVP Infracon Limited, engaged in infrastructure development, particularly in road construction, highways, bridges, and flyovers, has received a new work order from Reliance Mappedu Multi Modal Logistics Park Limited.
The LOA is for infrastructure work on the South Parcel (OSBL) – BOQ 3, and the order value is approximately Rs. 33.34 crore. This contract, awarded by a domestic entity, involves the execution of specific infrastructure activities as per the agreed terms and conditions.
The project is to be completed within a period of five months, and this development highlights AVP Infracon’s continued business growth and its ability to secure significant infrastructure contracts from reputed organizations.
Financials & Others
The company’s revenue rose by 95.7 percent from Rs. 94 crore to Rs. 184 crore in H2FY24-25. Meanwhile, the Net profit rose from Rs. 11 crore to Rs. 20 crore during the same period.
The company’s P/E ratio stands at 14.06, notably below the industry average of 22.08, reflecting strong valuation and potential investment attractiveness. Additionally, current assets exceed current liabilities, indicating a healthy liquidity position and financial stability.
Over the past three years, the company has demonstrated good performance with an average ROE of 26.44% and ROCE of 16.00%. It has also achieved impressive revenue growth (33.20% average) and net profit growth (66.06% average), highlighting consistent operational excellence and profitability.
AVP Infracon Limited is a leading infrastructure development company specializing in road construction and civil engineering projects. With expertise in planning, designing, and executing large-scale infrastructure projects, the company focuses on enhancing transportation networks and urban development.
AVP Infracon Limited offers comprehensive services in construction, project management, civil works, design solutions, and smart city infrastructure, focusing on timely delivery and innovation. They specialize in large-scale residential, commercial, and government projects, including renovation and urban development. Their marquee clients include government bodies, multinational corporations, and top real estate developers.
Written by Sridhar J
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