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Afcons Infrastructure
4.2
based on 2.5k Reviews
Video summary
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
4.2/5
based on 2.5k reviews
8% above
industry average
Highly rated for
Company culture, Job security, Skill development
Work Policy
Work from office
87% 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
225 employees reported
Health insurance
192 employees reported
Job/Soft skill training
179 employees reported
International/On-site exposure
101 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
--
View in video summary
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
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 2.5k reviews
Overall Rating
4.2/5
How AmbitionBox ratings work?
5
1.4k
4
756
3
198
2
65
1
88
Category Ratings
4.1
Company culture
4.1
Job security
4.1
Skill development
4.0
Salary
4.0
Work satisfaction
3.8
Work-life balance
3.7
Promotions
Afcons Infrastructure is rated 4.2 out of 5 stars on AmbitionBox, based on 2.5k 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 2.4k reviews
4.5
Rated by 29 Women
Rated 4.6 for Job security and 4.4 for Company culture
4.2
Rated by 2.4k Men
Rated 4.1 for Job security and 4.1 for Skill development
Work Policy at Afcons Infrastructure
based on 385 reviews in last 6 months
Work from office
87%
Hybrid
10%
Permanent work from home
3%
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 | 4.2/5 based on 2.5k reviews | 4.1/5 based on 4.8k reviews | 4.1/5 based on 4.1k reviews | 4.2/5 based on 5.4k reviews |
Highly Rated for | Skill development Job security Company culture | Job security Work-life balance Company culture | Job security Skill development Salary | Salary Job security Skill development |
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 87% employees reported | Work from office 84% employees reported | Work from office 85% employees reported | Work from office 78% employees reported |
Rating by Women Employees | 4.5 Good rated by 29 women | 3.8 Good rated by 186 women | 4.0 Good rated by 68 women | 4.0 Good rated by 174 women |
Rating by Men Employees | 4.2 Good rated by 2.4k men | 4.1 Good rated by 4.3k men | 4.1 Good rated by 3.9k men | 4.2 Good rated by 5.1k men |
Job security | 4.1 Good | 4.2 Good | 4.0 Good | 4.1 Good |
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Afcons Infrastructure Salaries
Afcons Infrastructure salaries have received with an average score of 4.0 out of 5 by 2.5k employees.
Senior Engineer
(468 salaries)
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₹5 L/yr - ₹18.9 L/yr
Planning Engineer
(195 salaries)
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₹4.5 L/yr - ₹13 L/yr
Civil Engineer
(188 salaries)
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₹2 L/yr - ₹10.8 L/yr
Executive Engineer
(172 salaries)
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₹3.3 L/yr - ₹12 L/yr
QA QC Engineer
(131 salaries)
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₹3.5 L/yr - ₹13 L/yr
Senior Planning Engineer
(106 salaries)
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₹5.8 L/yr - ₹15.5 L/yr
Safety Engineer
(93 salaries)
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₹3.9 L/yr - ₹8.7 L/yr
Mechanical Engineer
(86 salaries)
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₹3.5 L/yr - ₹11 L/yr
HSE Engineer
(79 salaries)
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₹4 L/yr - ₹8.7 L/yr
Senior Civil Engineer
(78 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 Jobs
Popular Designations Afcons Infrastructure Hires for
Environmental Engineer
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Safety Manager
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GST Coordinator
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fresher
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Project Accountant
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Contract Administrator
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Popular Skills Afcons Infrastructure Hires for
Afcons Infrastructure News
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Stock Recommendations Today: M&M, Samvardhana Motherson, Indus Towers, Afcons On Brokerages' Radar
- Analysts have recommended buying M&M, Samvardhana Motherson, Indus Towers, and Afcons Infrastructure Ltd. on Monday.
- Nomura Research initiated a 'buy' rating on Afcons Infrastructure Ltd. with a target price of Rs 561 per share.
- Bank of America forecasts a weak 2025 for the Indian market due to short-term risks from reciprocal tariffs.
- Morgan Stanley sees positive implications for the steel industry from discussions on imposing anti-dumping and safeguard duties.
- Mahindra & Mahindra reported significant bookings for battery electric vehicles and is expected to show strong growth in 2025.
- BofA anticipates single-digit returns for the Nifty in 2025 with high volatility and various risks.
- Jefferies maintained a 'buy' rating on Amber Enterprises and IIFL Finance, with expectations for growth in their respective sectors.
- Citi retained a 'buy' rating on Indus Towers, projecting positive growth and strong free cash flow generation.
- Nomura provided insights on India-US trade dynamics and expectations for energy imports and trade balance.
- HSBC upgraded SBI Cards to 'buy' and Gujarat Pipavav to 'hold', citing positive trends in credit card issuance and container cargo performance.
Bloomberg Quint | 17 Feb, 2025
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Afcons Infrastructure Q3 Results: Profit Soars 36%, Margin Contracts
- Afcons Infrastructure reported a net profit of Rs 148.9 crore for Q3 FY25, a 36% YoY increase.
- The company's revenue grew by 2.7% to Rs 3,211.1 crore in the same quarter.
- Afcons Infrastructure's margin contracted to 11.3% in Q3 from 12% YoY.
- The infrastructure firm's order book rose to Rs 38,021 crore.
Bloomberg Quint | 13 Feb, 2025
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
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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 2,500+ employee reviews on AmbitionBox. 86% employees rated Afcons Infrastructure 4 or above, while 14% 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 3.7. 86% employees rated Afcons Infrastructure 4 or above, while 14% 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 company culture, job security and skill development, based on 2,500+ employee reviews on AmbitionBox.
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