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Afcons Infrastructure
4.3
based on 2.4k Reviews
Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
Company Overview
Company Locations
Working at Afcons Infrastructure
Company Summary
Afcons is part of Shapoorji Pallonji (SP) Group which has a legacy of over 150 years.They have a a portfolio of extremely challenging and complex projects worldwide.
Overall Rating
4.3/5
based on 2.4k reviews
10% above
industry average
Highly rated for
Job security, Skill development, Company culture
Work Policy
Work from office
89% employees reported
Monday to Saturday
73% employees reported
Strict timing
66% employees reported
No travel
36% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
224 employees reported
Health insurance
191 employees reported
Job/Soft skill training
178 employees reported
International/On-site exposure
100 employees reported
View all benefits
About Afcons Infrastructure
Founded in1959 (66 yrs old)
India Employee Count5k-10k
Global Employee Count--
India HeadquartersMumbai, Maharashtra, India
Office Locations
Websiteafcons.com
Primary Industry
Other Industries
--
Afcons Infrastructure is a part of Shapoorji Pallonji Group, which is India’s leading engineering and construction conglomerate. We are one of the top infrastructure development companies in India, with a diverse experience of on-time execution of over 350 infrastructure projects in more than 22 countries.
Afcons is the first infrastructure company globally to win the Most Innovative Knowledge Enterprise (MIKE) Award at the Global, Asia Pacific, and, India levels in 2018, 2019, and 2020, having won its predecessor the Most Admired Knowledge Enterprise (MAKE) Award in 2016 and 2017.
Mission: To be a prominent transnational infrastructure company recognized for business innovations, focused on total satisfaction and enhanced value creation for all its stakeholders
AmbitionBox Best Places to Work in India Awards
Awards 2024
Awards 2022
Awards 2021
Best of the best, rated by employees
Afcons Infrastructure won India’s Largest Employee Choice Awards in Mid-Sized Companies Category.
#3 Top Rated Construction Company
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Afcons Infrastructure Ratings
based on 2.4k reviews
Overall Rating
4.3/5
How AmbitionBox ratings work?
5
1.4k
4
723
3
177
2
55
1
80
Category Ratings
4.2
Job security
4.2
Skill development
4.1
Company culture
4.0
Salary
4.0
Work satisfaction
3.8
Work-life balance
3.8
Promotions
Afcons Infrastructure is rated 4.3 out of 5 stars on AmbitionBox, based on 2.4k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Afcons Infrastructure
based on 2.3k reviews
4.4
Rated by 26 Women
Rated 4.6 for Job security and 4.3 for Company culture
4.3
Rated by 2.2k Men
Rated 4.2 for Job security and 4.2 for Skill development
Work Policy at Afcons Infrastructure
based on 319 reviews in last 6 months
Work from office
89%
Permanent work from home
6%
Hybrid
5%
Afcons Infrastructure Reviews
Top mentions in Afcons Infrastructure Reviews
+ 5 more
Compare Afcons Infrastructure with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.3/5 based on 2.4k reviews | 4.0/5 based on 18.2k reviews | 4.2/5 based on 4.6k reviews | 4.2/5 based on 5k reviews |
Highly Rated for | Skill development Job security Company culture | Job security Skill development | Job security Skill development Work-life balance | Job security Skill development Salary |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 89% employees reported | Work from office 81% employees reported | Work from office 87% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 4.4 Good rated by 26 women | 3.7 Good rated by 1.1k women | 3.9 Good rated by 181 women | 4.1 Good rated by 151 women |
Rating by Men Employees | 4.3 Good rated by 2.2k men | 4.0 Good rated by 15.8k men | 4.2 Good rated by 4.1k men | 4.3 Good rated by 4.7k men |
Job security | 4.2 Good | 4.0 Good | 4.2 Good | 4.1 Good |
View more
Afcons Infrastructure Salaries
Afcons Infrastructure salaries have received with an average score of 4.0 out of 5 by 2.4k employees.
Senior Engineer
(434 salaries)
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₹5.6 L/yr - ₹18.9 L/yr
Planning Engineer
(197 salaries)
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₹4.5 L/yr - ₹12 L/yr
Civil Engineer
(182 salaries)
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₹2 L/yr - ₹10.7 L/yr
Executive Engineer
(172 salaries)
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₹3.3 L/yr - ₹11.8 L/yr
QA QC Engineer
(130 salaries)
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₹3.5 L/yr - ₹13 L/yr
Senior Planning Engineer
(101 salaries)
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₹5.8 L/yr - ₹15.5 L/yr
Mechanical Engineer
(90 salaries)
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₹3.5 L/yr - ₹11 L/yr
Safety Engineer
(89 salaries)
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₹3.9 L/yr - ₹8.7 L/yr
HSE Engineer
(82 salaries)
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₹4 L/yr - ₹9.5 L/yr
Senior Civil Engineer
(81 salaries)
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₹5.6 L/yr - ₹15 L/yr
Afcons Infrastructure Interview Questions
Interview questions by designation
Top Afcons Infrastructure interview questions and answers
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Afcons Infrastructure News
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Afcons Infra Shares Gain After Rs 1,080-Crore Order Win From Defence Ministry
- Afcons Infrastructure Ltd. has won an order worth Rs 1,080 crore from the Defence Ministry.
- The order is for the execution of work related to the augmentation of MTC, the creation of SAF, and workshop equipment for the ship lift facility at Visakhapatnam.
- The contract will be executed within 36 months.
- Afcons' stock rose as much as 6.6% on the news.
Bloomberg Quint | 3 Jan, 2025
Primary Market Fundraise Through IPOs, QIPs, Preferential Issues Decline In November
- Fundraising in the primary market through IPOs, QIPs, preferential issues declined 9% in November compared to the previous month.
- Companies raised Rs 49,507 crore last month, down from Rs 54,616 crore in October.
- The capital raise included Rs 35,849 crore from IPOs, with Swiggy Ltd.'s IPO worth Rs 11,327 crore and Afcons Infrastructure Ltd's offer of Rs 5,430 crore.
- IPO activity in the SME space declined significantly, and funds raised via rights and preferential issues also declined.
Bloomberg Quint | 21 Dec, 2024
Afcons Infrastructure Share Price Surges As Investec Initiates Coverage With A 'Buy'
- Afcons Infrastructure's stock surged over 5% following a positive outlook from Investec, which initiated coverage with a 'Buy' recommendation.
- Afcons is well-positioned to capitalize on the government's capex cycle and post strong revenue and profit growth through financial year 2026E-27E.
- Investec's target price for Afcons stands at Rs. 630 per share, valuing the company at a 27x Mar-27 PE.
- Afcons share price rose as much as 5.16% to Rs 567.80 apiece and has risen 16.09% in the last 12 months.
Bloomberg Quint | 17 Dec, 2024
Lock-in on $13.9 billion worth of shares to be lifted over next 2 months
- The lock-in on $13.9 billion worth of shares will be lifted between now and January 31, 2025.
- Promoters are likely to hold on to their stakes, so not all shares will be sold in the market.
- Companies like Afcons Infrastructure, Sagility India, Swiggy, and NTPC Green Energy will have their lock-ins expire soon.
- In January, Hyundai Motor India and Swiggy will have more shares freed up for sale.
HinduBusinessLine | 29 Nov, 2024
Afcons Infra sees ₹25,000-crore order intake in FY25
- Afcons Infra has exceeded its target of ₹20,000 crore order intake for FY25 and expects to book not less than ₹5,000 crore in the remaining year.
- The company has an outstanding orderbook of ₹34,152 crore, excluding ₹10,154 crore worth of projects where it is the lowest bidder.
- Afcons Infra focuses on complex projects with limited competition and aims to maintain two years of revenue visibility.
- The company reported a net profit of ₹135 crore in Q2 of FY25, with revenue expected to grow by 20-25% in FY26.
HinduBusinessLine | 25 Nov, 2024
Afcons Infra To Focus On Corporate Governance To Woo Investors
- Shares of Afcons Infrastructure Ltd. made a tepid debut on the exchanges, listing at an 8% discount on the National Stock Exchange.
- Afcons Infrastructure's management stated that their focus will now be on corporate governance to attract investors.
- The company's Executive Vice Chairman emphasized the importance of corporate governance and accountability with the listing.
- Managing Director Paramasivan Srinivasan expressed confidence that investors will value Afcons' governance standards and execution excellence.
Bloomberg Quint | 5 Nov, 2024
Afcons Infrastructure Offloads Rs 449-Crore Stake To Goldman Sachs, Others
- Afcons Infrastructure Ltd. offloaded a stake worth Rs 449 crore through open market transactions on Monday.
- Goldman Sachs Funds - Goldman Sachs India Equity Portfolio bought 25 lakh shares for Rs 443.65 apiece, aggregating Rs 112.2 crore. Jupiter India Fund bought 25 lakh shares for Rs 446.70 apiece, aggregating Rs 112.7 crore, according to the bulk deal data on the National Stock Exchange.
- Nomura Funds Ireland PLC Nomura Funds Ireland India Equity Fund bought 18 lakh shares for Rs 446.70 apiece, aggregating Rs 83.6 crore, according to the data.
- Nomura India Investment Fund Mother Fund bought 31 lakh shares for Rs 453.40 apiece, aggregating Rs 140.5 crore.
Bloomberg Quint | 4 Nov, 2024
Afcons Infrastructure lists at a discount but picks up later
- Afcons Infrastructure listed on the stock exchange at a discount, opening at ₹426 per share.
- However, the stock picked up later in the day, reaching an intra-day high of ₹477.50.
- The company currently has an outstanding order book of around ₹45,000 crore and is the lowest bidder in projects worth ₹9,000 crore.
- Afcons Infrastructure expects a flat revenue growth this fiscal year, but projects a 15% compounded annual growth rate (CAGR) over the next three years.
HinduBusinessLine | 4 Nov, 2024
Afcons Infrastructure IPO: Listing of shares today
- Afcons Infrastructure IPO was subscribed 2.63 times, with QIB portion subscribed 3.79 times and NIIs 5.05 times.
- The IPO raised ₹5,430 crore through a mix of fresh issues and offer for sale.
- Foreign and domestic institutions participated in the anchor allocation, including GIC, HDFC MF, ICICI Pru AMC, and more.
- Proceeds from the IPO will be used for capital expenditure, working capital requirements, debt repayment, and general corporate purposes.
HinduBusinessLine | 4 Nov, 2024
IPO Rush: Swiggy Among Four Issues This Week, Afcons Infrastructure To List
- Swiggy Ltd., Neelam Linens and Garments (India) Ltd., ACME Solar Holdings Ltd., Sagility India Ltd., are the mainboard IPOs this week.
- Afcons Infrastructure's IPO was subscribed 2.63 times on the final day, with a price band of Rs 440 to Rs 463 per share.
- Swiggy's IPO will open for subscription from Nov. 6 to Nov. 8, with a revised fresh issue of Rs 4,499 crore.
- ACME Solar Holdings' IPO will open on Nov. 6, with a price band of Rs 275 to Rs 289 per share.
Bloomberg Quint | 3 Nov, 2024
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Afcons Infrastructure FAQs
When was Afcons Infrastructure founded?
Afcons Infrastructure was founded in 1959. The company has been operating for 66 years primarily in the Engineering & Construction sector.
Where is the Afcons Infrastructure headquarters located?
Afcons Infrastructure is headquartered in Mumbai, Maharashtra and has an office in Mumbai
How many employees does Afcons Infrastructure have in India?
Afcons Infrastructure currently has more than 6,200+ employees in India. Construction & Site Engineering department appears to have the highest employee count in Afcons Infrastructure based on the number of reviews submitted on AmbitionBox.
Does Afcons Infrastructure have good work-life balance?
Afcons Infrastructure has a Work-Life Balance Rating of 3.8 out of 5 based on 2,300+ employee reviews on AmbitionBox. 87% employees rated Afcons Infrastructure 4 or above, while 13% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Afcons Infrastructure work-life balance reviews for more details
Is Afcons Infrastructure good for career growth?
Career growth at Afcons Infrastructure is rated fairly well, with a promotions and appraisal rating of 3.8. 87% employees rated Afcons Infrastructure 4 or above, while 13% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Afcons Infrastructure promotions/appraisals reviews for more detailed insights.
What are the pros of working in Afcons Infrastructure?
Working at Afcons Infrastructure offers several advantages that make it an appealing place for employees. The company is highly rated for job security, skill development and company culture, based on 2,300+ employee reviews on AmbitionBox.
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