Case study

AFCONS

Afcons Infrastructure Limited

Tread carefully1y model +2.9%

Each stock's 10,000-path forecast, rendered as light.

33Score

Afcons Infrastructure Limited (AFCONS) Stock Analysis & Case Study

Is AFCONS a good buy? The data-driven verdict.

Afcons Infrastructure Limited (AFCONS) trades at ₹274,on the numbers it tread carefully, a Downstox Snapshot Score of 33/100.

On the numbers, Afcons Infrastructure Limited (AFCONS) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 49.2× earnings, ROE of 5.6%, a 54% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

AFCONS fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹10,086 Cr
Current price
₹274
P/E ratio
49.2×
P/B ratio
1.85×
Book value
₹148
Dividend yield
0.73%
ROCE
13.9%
ROE
5.6%
Piotroski F-Score
4/8

How AFCONS ranks against the 2,373 companies in our screener

Is AFCONS overvalued? AFCONS P/E vs peers

AFCONS trades at 49.2× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

AFCONS share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 1.7y of AFCONS history (-32%/yr drift, 35%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
AFCONS 2027₹181₹282₹439+3%
AFCONS 2028₹154₹290₹547+6%
AFCONS 2029₹137₹298₹650+9%
AFCONS 2030₹125₹307₹753+12%
AFCONS 2031₹114₹316₹872+15%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability AFCONS goes up, or doubles?

54%
Higher in 1 year
Modelled chance the price is above today in 12 months
57%
Higher in 5 years
Modelled chance the price is above today in 5 years
25%
Doubles in 5 years
Modelled chance of reaching ₹549 within 5 years

The bull case for AFCONS

  • Afcons Infrastructure Limited is part of the nifty200 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹650.

The bear case & risks

  • AFCONS's P/E of 49.2x is lower than 27% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • AFCONS's return on equity of 5.6% ranks in the 32nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹137.

AFCONS volatility & expected range, how bumpy is the ride?

Over the last 1.7 years AFCONS compounded at -32%/year with annualized volatility of 35%. That volatility implies a 1-year 80% range of ₹181-₹439, the honest backbone behind any single price target.

AFCONS price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 1.7 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
2.9%
80% range₹181-₹439
P(price ↑)54%
P(price 2×)3%
3-Year Forecast
2029
₹0
Median (P50)
8.8%
80% range₹137-₹650
P(price ↑)56%
P(price 2×)16%
5-Year Forecast
2031
₹0
Median (P50)
15.1%
80% range₹114-₹872
P(price ↑)57%
P(price 2×)25%

AFCONS price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
AFCONS simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds AFCONS hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the AFCONS price target & forecast page.

AFCONS Piotroski F-Score: 4/8, how financially strong is it?

4/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. AFCONS scores 4/8, mixed financial health.

AFCONS MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy AFCONS with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox30.60%3.3×
Zerodha30.59%3.3×
Groww60.00%1.7×
Dhan30.59%3.3×
Kotak NeoCHEAPEST30.58%3.3×
Paytm Money40.60%2.5×
Pocketful30.67%3.3×
Fyers31.25%3.2×
Anand Rathi30.59%3.3×
Bajaj Broking31.00%3.2×
Share India30.67%3.3×

Compare every broker on the AFCONS MTF page.

About Afcons Infrastructure Limited: sector, index & market-cap context

Afcons Infrastructure Limited (AFCONS) is a small-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹10,086 Cr. See more stocks on our screener.

How the AFCONS Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Afcons Infrastructure Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

AFCONS analysis, FAQs

Is Afcons Infrastructure Limited (AFCONS) a good buy?

On the numbers, Afcons Infrastructure Limited (AFCONS) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 49.2× earnings, ROE of 5.6%, a 54% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is AFCONS overvalued or undervalued?

AFCONS trades at 49.2× earnings, expensive versus the ~22× long-run Nifty average.

What is the AFCONS share price target for 2031?

AFCONS's probability-weighted 2031 median target is ₹316, with an 80% range of ₹114-₹872 (10,000-path Monte-Carlo).

What is the probability AFCONS doubles in 5 years?

The modelled probability of AFCONS reaching ₹549 (2×) within 5 years is 25%.

What is the bull case for AFCONS?

Afcons Infrastructure Limited is part of the nifty200 universe with live, tracked fundamentals on Downstox.

What are the risks in AFCONS?

AFCONS's P/E of 49.2x is lower than 27% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. AFCONS's return on equity of 5.6% ranks in the 32nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on AFCONS