A2Z Infra Engineering Limited (A2ZINFRA) AI Stock Analysis

• Market Cap: ₹3.10B
• Dividend Yield: N/A
• Average Volume (3M): 41.26K
• Price to Earnings (P/E): 31.9
• Beta (1Y): 1.25
• Revenue Growth: -8.72%
• EPS Growth: N/A
• Country: IN
• Employees: 5,723
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.04
• Shares Outstanding: 176,119,860
• 10 Day Avg. Volume: 35,195
• 30 Day Avg. Volume: 41,256
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹18.00
• Price Target Upside: 2.33% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 45 Neutral
• Price Target: ₹18.00 ▲(2.33% Upside)

A2Z Infra Engineering Limited's overall stock score is primarily impacted by its financial performance and technical analysis. The company faces significant challenges in revenue growth and profitability, compounded by high leverage. Technical indicators suggest bearish momentum, further weighing on the stock's outlook. The valuation is not compelling, with a high P/E ratio and no dividend yield. These factors collectively result in a cautious outlook for the stock.

A2Z Infra Engineering Limited Business Overview & Revenue Model

Company Description

A2Z Infra Engineering Limited provides engineering, procurement, construction, and facility management services in India and internationally. It operates through Engineering Service, Facility Management Services, Power Generation Projects, Municipal Solid Waste Management, and Others segments. The company offers integrated design, testing, installation, construction, and commissioning services, and telecom infrastructure projects. Its activities include rural and railway electrification, reduction of AT&C losses, and feeder renovation and segregation; underground cabling; installation of high voltage distribution system and low voltage distribution system; erection of distribution lines; renewable energy; construction of substations and transmission lines; and operation and maintenance of electric utilities. It also provides system integration of IT projects; and optical fiber cable NLD/access networking construction and maintenance, network integration, telecom infrastructure operation and maintenance, material planning and project management, radio frequency engineering, and engineering construction and infrastructure services. In addition, the company is also involved in the collection, transportation, treatment, and disposal of solid waste generated in cities. Further, it provides facility management services for corporate offices, malls, railways stations and coaches, airports, ports, other commercial establishments, monuments, and parks and beaches; operates sewage network and treatment plants, gas distribution networks, and metro projects; offers power and renewable energy generation services; and provides green toilets and environment-friendly electric power bicycles. The company was formerly known as A2Z Maintenance & Engineering Services Limited and changed its name to A2Z Infra Engineering Limited in October 2014. A2Z Infra Engineering Limited was incorporated in 2002 and is based in Gurugram, India.

How the Company Makes Money

A2Z Infra Engineering Limited generates revenue primarily through its core services in construction and project management. The company secures contracts with government agencies and private entities to execute large-scale infrastructure projects, which are typically funded through public budgets or private investments. Key revenue streams include construction contracts, urban infrastructure development projects, and maintenance services. Additionally, A2ZINFRA may engage in public-private partnerships (PPPs) that allow for shared investment and risk in infrastructure projects, further enhancing its earning potential. The company also benefits from its expertise in renewable energy projects, tapping into the growing demand for sustainable solutions. Strategic partnerships with other firms and stakeholders in the industry enhance its operational capabilities and market reach, contributing positively to its financial performance.

A2Z Infra Engineering Limited Financial Statement Overview

Summary

A2Z Infra Engineering Limited faces challenges in revenue growth and profitability, with high leverage posing financial risks. Improvements in net profit margins and return on equity are positive, but operational inefficiencies and debt management need attention. Positive free cash flow is a good sign, but sustainable cash generation and profitability are crucial.

Income Statement

A2Z Infra Engineering Limited has shown a mixed performance in its income statement. The company has experienced a decline in revenue growth, with a negative growth rate of -2.13% in the latest year. Gross profit margins have decreased significantly from 55.20% to 17.06%, indicating pressure on profitability. However, the net profit margin has improved to 2.67% from a negative margin in the previous year, suggesting some recovery in net income. The EBIT margin remains negative, reflecting ongoing operational challenges.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 2.03, indicating significant leverage and potential financial risk. Return on equity has improved to 19.87%, showing better utilization of equity to generate profits. However, the equity ratio stands at 9.06%, highlighting a low proportion of equity financing relative to total assets, which could pose risks in times of financial stress.

Cash Flow

Cash flow analysis shows a strong free cash flow growth, although the previous year's free cash flow was negative, making the growth rate calculation less meaningful. The operating cash flow to net income ratio is not available, but the company has managed to generate positive free cash flow, indicating improved cash generation capabilities. However, the free cash flow to net income ratio is zero, suggesting that free cash flow is not contributing to net income.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.44B	3.36B	3.88B	3.49B	3.53B	4.14B
Gross Profit	1.88B	308.31M	2.14B	2.16B	1.62B	1.79B
EBITDA	236.07M	249.15M	58.12M	-880.13M	-1.40B	-110.68M
Net Income	37.49M	89.73M	-56.92M	-1.23B	-1.80B	-812.07M
Balance Sheet
Total Assets	0.00	4.98B	6.83B	9.91B	14.27B	18.72B
Cash, Cash Equivalents and Short-Term Investments	46.83M	1.37B	28.60M	106.41M	1.08B	562.86M
Total Debt	0.00	916.23M	1.98B	3.13B	3.94B	5.27B
Total Liabilities	-217.14M	4.72B	6.62B	9.62B	12.74B	15.41B
Stockholders Equity	217.14M	451.66M	321.80M	380.50M	1.59B	3.38B
Cash Flow
Free Cash Flow	0.00	508.80M	846.64M	485.39M	364.63M	-105.88M
Operating Cash Flow	0.00	542.14M	953.28M	550.92M	381.36M	-69.68M
Investing Cash Flow	0.00	-124.26M	-105.29M	-70.06M	249.13M	110.76M
Financing Cash Flow	0.00	-392.39M	-939.99M	-465.63M	-678.48M	-5.77M

A2Z Infra Engineering Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 17.59
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:A2ZINFRA, the sentiment is Negative. The current price of 17.59 is below the 20-day moving average (MA) of 19.43, below the 50-day MA of 19.86, and below the 200-day MA of 18.76, indicating a bearish trend. The MACD of -0.53 indicates Positive momentum. The RSI at 34.66 is Neutral, neither overbought nor oversold. The STOCH value of 11.12 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:A2ZINFRA.

A2Z Infra Engineering Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNRCON	75 Outperform	55.70B	5.85	22.06%	0.13%	-2.17%	17.20%
PATELENG	70 Outperform	31.49B	11.82	6.55%	―	15.42%	-13.18%
HGINFRA	66 Neutral	61.33B	13.88	17.14%	0.21%	-9.81%	-19.80%
HCC	52 Neutral	50.14B	29.81	12.44%	―	-29.25%	-66.38%
SIMPLEXINF	51 Neutral	22.54B	65.44	2.21%	―	-20.46%	-63.50%
A2ZINFRA	45 Neutral	₹3.10B	31.92	―	―	-8.72%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%