A B Infrabuild Ltd (ABINFRA) AI Stock Analysis

• Market Cap: ₹10.86B
• Dividend Yield: 0.03%
• Average Volume (3M): 60.90K
• Price to Earnings (P/E): 46.6
• Beta (1Y): 0.93
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 27
• Sector: Real Estate
• Sector Strength: 53
• Industry: Engineering & Construction
• EPS (TTM): 0.10
• Shares Outstanding: 638,789,370
• 10 Day Avg. Volume: 83,085
• 30 Day Avg. Volume: 60,903
• PEG Ratio: <0.01
• Price to Book (P/B): 0.41
• Price to Sales (P/S): 0.22
• P/FCF Ratio: -1.60
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: ₹17.50 ▼(-8.85% Downside)
• Action: Reiterated Date: 02/26/26
• Date: Action: Reiterated 02/26/26

The score is driven primarily by solid profitability and growth on the income statement, but it is meaningfully capped by negative operating/free cash flows and only moderate balance sheet strength. Technical signals are weak with the stock trading below key moving averages, and valuation looks stretched with a high P/E despite a modest dividend yield.

Positive Factors

Profitability and margins

Consistently healthy gross and operating margins indicate durable project-level economics and competitive execution. These margins provide a cushion against bid price pressure, support reinvestment in capabilities, and underpin sustainable earnings generation across project cycles over the next several months.

Return on equity and capital structure

A mid-teens ROE and a near-45% equity base reflect effective use of shareholder capital and a balanced capital structure. This positions the company to undertake new contracts while retaining some financial flexibility to fund growth or JV investments without immediate equity dilution.

Diversified project revenue streams

Multiple revenue channels—government and private contracts, consultancy fees, maintenance, and JVs—reduce client concentration and cyclicality. Recurring maintenance fees and JV risk-sharing support steadier cash inflows and project pipeline visibility over a multi-month horizon.

Negative Factors

Negative operating and free cash flows

Despite reported profitability, persistent negative operating and free cash flows indicate weak cash conversion, likely from receivables, retainers or billing mismatches. This undermines liquidity, raises reliance on external funding for capex or working capital, and constrains sustainable growth.

Rising reliance on debt financing

An increasing debt load raises fixed interest and principal obligations. For an infrastructure contractor, higher leverage elevates refinancing and covenant risks, making the company more sensitive to cash-flow volatility and limiting room to pursue large, capital-intensive projects without costlier funding.

Moderate balance sheet and liquidity risk

A middling balance-sheet score combined with weak cash-flow metrics signals constrained financial headroom. This can limit bidding capacity, delay vendor payments or require higher-cost short-term financing, increasing operational risk and reducing resilience to project delays or cost overruns.

A B Infrabuild Ltd Business Overview & Revenue Model

Company Description

A B Infrabuild Limited engages in the civil construction business in India. The company is involved in the construction, alter, enhance, maintain, enlarge, pull down, remove, replace and develop, work, and manage of roads, railways, branches and sidings, and bridges; and other civil construction works. It also undertakes repair and petty road works and renovation and reconstruction work of slum areas. The company was founded in 1999 and is based in Mumbai, India.

How the Company Makes Money

ABINFRA generates revenue through multiple channels, primarily by securing contracts for infrastructure projects from both public and private sectors. The company's key revenue streams include construction contracts, consultancy fees for project management and engineering services, and maintenance contracts for completed infrastructure. ABINFRA often partners with government agencies and private developers to undertake large-scale projects, which not only provides a steady flow of income but also enhances its reputation in the industry. Additionally, the company may engage in joint ventures to share resources and risks, further diversifying its revenue sources and contributing to its overall financial stability.

A B Infrabuild Ltd Financial Statement Overview

Summary

Income statement strength (85) shows robust growth and healthy margins, but balance sheet is only moderate (70) with rising debt, and cash flow is weak (50) with negative operating and free cash flows that raise liquidity risk.

Income Statement

A B Infrabuild Ltd has demonstrated strong revenue growth with a significant increase from the previous year. The gross profit margin stands at 18.69%, and the net profit margin is 7.74%, indicating healthy profitability. The EBIT margin is 13.27%, and the EBITDA margin is 15.68%, reflecting efficient operational management. Overall, the income statement shows robust growth and profitability.

Balance Sheet

The company's debt-to-equity ratio is 0.78, which is reasonable but indicates a reliance on debt financing. The return on equity (ROE) is 14.61%, showcasing effective use of equity to generate profits. The equity ratio is 44.31%, suggesting a balanced capital structure. While the balance sheet is stable, the increase in total debt warrants attention.

Cash Flow

A B Infrabuild Ltd faces challenges in cash flow management, with negative operating and free cash flows. The operating cash flow to net income ratio is negative, indicating cash flow issues despite profitability. The free cash flow to net income ratio is also negative, highlighting potential liquidity concerns. Cash flow management needs improvement to support growth.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2022
Income Statement
Total Revenue	1.09B	2.08B	1.84B	1.23B	643.16M
Gross Profit	196.19M	389.14M	305.96M	179.09M	95.61M
EBITDA	177.01M	326.54M	237.51M	150.47M	54.51M
Net Income	88.61M	161.21M	114.17M	75.38M	8.64M
Balance Sheet
Total Assets	2.84B	2.49B	1.57B	1.25B	1.03B
Cash, Cash Equivalents and Short-Term Investments	432.17M	334.66M	100.36M	18.30M	83.86M
Total Debt	458.35M	858.46M	411.02M	323.10M	301.15M
Total Liabilities	1.27B	1.39B	750.77M	899.21M	753.12M
Stockholders Equity	1.57B	1.10B	815.46M	353.21M	277.88M
Cash Flow
Free Cash Flow	-306.10M	-280.20M	-300.79M	115.09M	-4.93M
Operating Cash Flow	-255.93M	-235.92M	54.04M	153.32M	8.10M
Investing Cash Flow	-13.13M	-31.68M	-350.52M	-129.63M	-13.34M
Financing Cash Flow	596.24M	501.90M	378.75M	-29.03M	7.57M

A B Infrabuild Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 19.20
• 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:ABINFRA, the sentiment is Negative. The current price of 19.2 is above the 20-day moving average (MA) of 18.96, above the 50-day MA of 18.99, and above the 200-day MA of 18.41, indicating a bearish trend. The MACD of -0.65 indicates Positive momentum. The RSI at 38.15 is Neutral, neither overbought nor oversold. The STOCH value of 17.45 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ABINFRA.

A B Infrabuild Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
BIGBLOC	60 Neutral	₹7.19B	149.33	―	0.58%	5.33%	-105.13%
GEECEE	60 Neutral	₹5.33B	33.62	―	0.60%	―	―
ABINFRA	59 Neutral	₹10.86B	46.62	―	0.03%	―	―
OMINFRAL	56 Neutral	₹8.04B	29.07	―	0.39%	-45.35%	-0.88%
PENINLAND	41 Neutral	₹5.03B	-17.64	―	―	-29.04%	-194.71%
PARSVNATH	40 Underperform	₹2.87B	-0.76	―	―	-37.98%	40.32%

A B Infrabuild Ltd Corporate Events

A B Infrabuild Wins Rs 67 Crore Rail Overbridge Contract from East Coast Railways

A B Infrabuild Limited has received a letter of acceptance from East Coast Railways for the construction of a Road Over Bridge between Icchapuram and Jhadupudi stations under the Khurdha Road Division. The project, valued at approximately Rs 67 crore and scheduled over 24 months, strengthens the company’s order book and underscores its role in India’s railway infrastructure expansion.

The contract involves a composite and T-beam girder structure replacing an existing level crossing, reflecting continued investment in safety and connectivity along key railway corridors. With no related-party involvement disclosed, the award signals incremental growth opportunities for A B Infrabuild within the domestic rail infrastructure market and may support future bidding credibility with Indian Railways.