Rs 35,311 crore order book: Shapoorji Pallonji civil construction company bags order worth Rs 576 crore

DSIJ Intelligence-1 / 10 Oct 2025/ Categories: Mindshare, Trending

The stock is up by 25.3 per cent from its 52-week low of Rs 382.40 per share.

Afcons Infrastructure Limited informed that the company, in its normal course of business, has bagged a contract for civil and allied infrastructure works of Rs 576 crore (including GST).

Afcons Infrastructure Limited has been designated the Lowest Bidder (L1) for a significant Railway project in the Republic of Croatia, awarded by HŽ INFRASTRUKTURA d.o.o. (HŽ Infrastructure Ltd). This contract involves the reConstruction of the existing and construction of a second track on the Dugo Selo - Novska railway line, which also includes overhead electrification and signalling & telecommunication works. The estimated value of this major infrastructure project is EUR 677,071,899.78 (equivalent to approximately Rs 6,800 crore), and the completion period is stipulated as 72 months.

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About Afcons Infrastructure Ltd

Afcons Infrastructure Ltd is the flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group. It has a legacy of over six decades, with a strong track record of executing numerous technologically complex EPC projects both within India and internationally. As per the latest ENR survey, Afcons is ranked in the Top 140 international Contractors globally; 12th in Bridges and 14th in Marine & Ports.

The company has a market cap of over Rs 17,000 crore and as of March 31, 2025, the Order Book stands at Rs 35,311 crore excluding the lowest bidder (L1) orders of Rs 21,556 crore. The stock is up by 25.3 per cent from its 52-week low of Rs 382.40 per share.

Disclaimer: The article is for informational purposes only and not investment advice.