A2Z Infra Engineering share price & results
- Jun 2026
- Jun 2026
EPC engineering company executing power transmission & distribution (up to 765 kV) and telecom optical-fibre infrastructure projects across India and select overseas markets.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 19.9 | −28.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -2.2 | −11.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -0.24 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | 11.51 | −18.4 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -2.25 | −17.4 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | 5.88 | +28.3 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −21.2% 1Y
1Y: ₹16.62 on 24 Oct 2025 → ₹13.09. High ₹18.81 (26 Feb 2026), low ₹12.06 (28 Jul 2026).
- Previous close
- ₹12.47
- Market cap
- ₹245 Cr
- 52-week range
- ₹12.06 – ₹18.81
- One year
- −20.38%
- Price to earnings (TTM to Jun 2026)
- 45.27×
- Return on equity (TTM to Jun 2026)
- 11.51%
Overview
- Symbol
- NSE:A2ZINFRA
- Sector
- Construction
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What A2Z Infra Engineering Limited does
Based on the company's own presentations, annual report and earnings calls.
A2Z Infra Engineering Limited is an EPC (engineering, procurement and construction) company operating across two core businesses. In Power Transmission & Distribution, it provides integrated design, testing, installation, construction and commissioning services on a turnkey basis, building and maintaining substations and switchyards up to 765 kV, transmission lines up to 765 kV, and 11/33 kV HVDS/LVDS distribution lines, including rural electrification, railway overhead electrification and feeder renovation work. In Telecom Infrastructure, it supplies, lays and maintains Optical Fibre Cable (OFC) networks, undertaking turnkey construction of telecom network backbones in remote and border terrains, network integration and O&M services, including work for an Airtel group company (Telesonic Network Ltd.). It has executed projects across multiple Indian states and maintains an overseas presence in Nepal, Uganda and Tanzania.
Segments
- Power Transmission & Distribution
- Telecom Infrastructure EPC
- Substation & switchyard capability
- up to 765 kV
- Transmission line capability
- up to 765 kV
- Distribution line voltage class
- 11/33 kV (HVDS/LVDS)
- Overseas markets
- Nepal, Uganda, Tanzania
- Domestic states with completed projects
- 10 (incl. Jammu & Kashmir, Rajasthan, Orissa, Bihar, Arunachal Pradesh, Jharkhand, Kerala, Chhattisgarh, Haryana, UP, Himachal Pradesh)
- Direct/step-down subsidiaries
- 9
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +68% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 10 | 9 | 13 | 28 | 16 | 31 | 39 | 20 |
| Expenses | 13 | 11 | 12 | 25 | 17 | 33 | 42 | 20 |
| Operating profit | -2 | -2 | 1 | 3 | -1 | -1 | -3 | -0 |
| Operating margin | −24.5% | −16.6% | 5.2% | 9.2% | −7.0% | −4.0% | −8.0% | −2.2% |
| Other income | -19 | 3 | 24 | -3 | 2 | -2 | 6 | 3 |
| Interest | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -22 | 0 | 24 | -1 | 0 | -4 | 1 | -0 |
| Tax rate | 5.0% | 0.0% | 9.0% | 0.0% | 0.0% | 0.0% | −104.8% | 0.0% |
| Net profit | -23 | 0 | 22 | -1 | 0 | -4 | 2 | -0 |
| EPS (₹ per share) | -1.30 | 0.02 | 1.22 | -0.04 | 0.02 | -0.23 | 0.10 | -0.01 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 349 | 86 | 49 | 114 |
| Expenses | 357 | 132 | 53 | 117 |
| Operating profit | -7 | -46 | -5 | -3 |
| Other income | -77 | 42 | 10 | 3 |
| Interest | 13 | 3 | 2 | 3 |
| Depreciation | 9 | 1 | 1 | 1 |
| Profit before tax | -106 | -9 | 2 | -4 |
| Net profit | -126 | -9 | -1 | -3 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 176 | 176 | 176 | 176 | 176 | 176 |
| Reserves | -69 | -160 | -168 | -169 | -132 | -172 |
| Borrowings | 327 | 262 | 173 | 65 | 91 | 90 |
| Other liabilities | 710 | 476 | 315 | 236 | 348 | 193 |
| Total liabilities | 1,145 | 755 | 497 | 308 | 484 | 287 |
| Fixed assets | 42 | 11 | 10 | 10 | 71 | 10 |
| Capital work in progress | 45 | 7 | 10 | 10 | 6 | 4 |
| Investments | 233 | 143 | 143 | 62 | 0 | 62 |
| Other assets | 824 | 594 | 335 | 225 | 407 | 210 |
| Total assets | 1,145 | 755 | 497 | 308 | 484 | 287 |
| Line item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Cash from operations | -44 | -20 | 22 | 32 | 63 | 39 |
| Cash from investing | 10 | 6 | 23 | -4 | -3 | -2 |
| Cash from financing | 31 | 12 | -47 | -26 | -64 | -36 |
| Net cash flow | -3 | -1 | -2 | 3 | -5 | 1 |
| Free cash flow | -44 | -19 | 36 | 28 | 60 | 37 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 1592 | 1158 | 1317 | 470 | 466 | 173 |
| Inventory days | — | — | — | — | 0 | 0 |
| Cash conversion cycle | 1592 | 1158 | 1317 | 470 | 466 | 173 |
| Working capital days | -288 | -619 | -779 | -662 | -555 | -215 |
| Return on capital employed | −5.0% | −25.0% | −1.0% | −16.0% | 1.0% | −2.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Segment-FMS contributes 42.7% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Segment-FMS 42.7%
₹29.36 crore
- Segment-ES 29.4%
₹20.24 crore
- Segment- MSW 27.9%
₹19.16 crore
- Segment-Others 0.0%
₹0.00 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Segment-FMS | 29.36 | 42.7% |
| Segment-ES | 20.24 | 29.4% |
| Segment- MSW | 19.16 | 27.9% |
| Segment-Others | 0.00 | 0.0% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹68.76 crore
- Intersegment adjustment
- ₹0.31 crore
- Net segment revenue
- ₹68.45 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Segment-ES grew from 20% to 29% of revenue over the last two years.
| Segment | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Segment-FMS | — | — | — | — | — | — | — | 43% | — |
| Segment-ES | 20% | 13% | — | — | 30% | — | — | 29% | -26.9% |
| Segment- MSW | — | — | — | — | — | — | — | 28% | — |
| Segment-Others | 0% | 0% | — | — | <1% | — | — | 0% | -100.0% |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Public hold 71.05% as of Jun 2026; institutions added 0.08 pts since Mar 2026.
- Promoters 27.92%
- Foreign institutions 0.94%
- Domestic institutions 0.10%
- Government 0.00%
- Public 71.05%
Who is on the register
Named in the Jun 2026 filing
Every holder of A2Z Infra Engineering Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| 15.41% | −0.12 pp | |
| 12.51% | −0.10 pp | |
| 4.03% | unchanged | |
| 3.29% | unchanged | |
| 1.52% | unchanged | |
| 0.01% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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