AJR Infra & Tolling
AJRINFRA NSE
AJR Infra & Tolling
IndustrialsNSE: AJRINFRA BSE: 532959 Construction
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Weaknesses
6- Promoter holding is low: 10.7%
- Contingent liabilities of Rs.1,461 Cr.
- Promoters have pledged 100% of their holding.
- Earnings include an other income of Rs.5.76 Cr.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -9.88%
Growth Rate
Revenue Growth
-100%
Net Income Growth
105% higher than
3Y
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12 | 13 | 17 | 18 | 15 | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 5 | 8 | 26 | 15 | 12 | 25 | -8 | 38 | 10 | 4 | 3 | 4 | 2 |
| Operating Profit | 7 | 5 | -9 | 3 | 4 | -5 | 8 | -38 | -10 | -4 | -3 | -4 | -2 |
| OPM % | 57% | 40% | -52% | 16% | 23% | -26% | — | — | — | — | — | — | — |
| Other Income | 5 | 5 | 7 | 65 | 10 | 815 | -7 | 3 | 1,113 | 7 | 3 | 11 | -16 |
| Interest | 75 | 79 | 81 | 44 | 77 | 74 | 36 | 24 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 13 | 13 | 13 | 0 | 10 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | -76 | -81 | -96 | 23 | -72 | 727 | -36 | -59 | 1,102 | 3 | -1 | 7 | -19 |
| Tax % | 1% | 1% | 1% | -5% | -6% | 3% | 0% | 3% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -77 | -82 | -96 | 25 | -68 | 707 | -36 | -61 | 1,103 | 3 | -1 | 7 | -19 |
| EPS in Rs | -0.71 | -0.76 | -0.91 | 0.38 | -0.59 | 7.6 | -0.38 | -0.64 | 11.71 | 0.03 | -0.01 | 0.07 | -0.2 |
Profit & Loss
| Particulars | Sep 2014 9m | Mar 2016 18m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 542 | 1,577 | 663 | 625 | 497 | 368 | 242 | 178 | 91 | 61 | 35 | 0 | 0 |
| Expenses | 199 | 996 | 423 | 380 | 298 | 179 | 155 | 102 | 101 | 55 | 51 | 20 | 12 |
| Operating Profit | 343 | 581 | 240 | 245 | 199 | 189 | 87 | 76 | -10 | 6 | -16 | -20 | -12 |
| OPM % | 63% | 37% | 36% | 39% | 40% | 51% | 36% | 43% | -11% | 11% | -46% | — | — |
| Other Income | -30 | -7 | 25 | 13 | 6 | 347 | 12 | -695 | -1,260 | 81 | 802 | 1,135 | 6 |
| Interest | 207 | 644 | 309 | 340 | 361 | 383 | 255 | 261 | 281 | 279 | 211 | 4 | 4 |
| Depreciation | 168 | 100 | 50 | 87 | 109 | 126 | 89 | 71 | 51 | 38 | 18 | 0 | 0 |
| PBT | -61 | -170 | -94 | -170 | -265 | 27 | -245 | -951 | -1,601 | -229 | 557 | 1,111 | -10 |
| Tax % | -35% | 24% | 29% | 9% | -21% | 46% | 13% | 1% | 0% | 1% | 3% | 0% | — |
| Net Profit | -40 | -204 | -122 | -186 | -210 | 15 | -277 | -957 | -1,605 | -231 | 541 | 1,111 | -11 |
| EPS in Rs | -0.43 | -2.18 | -1.1 | -1.55 | -1.65 | 0.71 | -2.48 | -9.8 | -16.62 | -2 | 5.96 | 11.8 | -0.11 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 188 | 189 | 189 | 189 | 189 | 189 | 189 | 189 | 189 | 189 | 189 | 189 |
| Reserves | 763 | 568 | 464 | 319 | 165 | 232 | -1 | -924 | -2,528 | -2,716 | -2,155 | -1,044 |
| Borrowings | 3,907 | 2,513 | 2,675 | 3,142 | 1,636 | 518 | 615 | 20 | 174 | 207 | 6 | 8 |
| Other Liabilities | 4,697 | 1,453 | 1,554 | 1,964 | 2,852 | 2,936 | 2,969 | 3,198 | 3,470 | 3,356 | 2,175 | 1,020 |
| Total Liabilities | 9,555 | 4,724 | 4,883 | 5,614 | 4,843 | 3,875 | 3,772 | 2,483 | 1,305 | 1,037 | 215 | 173 |
| Fixed Assets | 6,229 | 2,242 | 2,197 | 2,869 | 2,076 | 1,151 | 1,067 | 722 | 565 | 489 | 20 | 20 |
| CWIP | 2,653 | 585 | 809 | 1,009 | 1,025 | 1,077 | 1,075 | 159 | 67 | 67 | 0 | 0 |
| Investments | 34 | 86 | 184 | 45 | 45 | 490 | 490 | 602 | 319 | 114 | 45 | 86 |
| Other Assets | 639 | 1,811 | 1,693 | 1,690 | 1,697 | 1,157 | 1,140 | 1,000 | 354 | 366 | 151 | 68 |
| Total Assets | 9,555 | 4,724 | 4,883 | 5,614 | 4,843 | 3,875 | 3,772 | 2,483 | 1,305 | 1,037 | 215 | 173 |
Cash Flow
| Particulars | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 416 | 256 | 416 | 374 | 278 | 363 | 100 | 53 | 79 | 28 | -78 | -34 |
| Investing | -382 | 118 | -441 | -48 | -60 | -20 | 8 | 18 | -26 | -25 | 116 | 33 |
| Financing | -71 | -349 | -21 | -306 | -257 | -347 | -97 | -87 | -51 | -6 | -39 | 1 |
| Net Cash Flow | -37 | 25 | -46 | 20 | -39 | -4 | 11 | -16 | 2 | -2 | -1 | 0 |
| Free Cash Flow | 416 | 19 | 133 | 212 | 251 | 359 | 95 | 54 | 80 | 27 | -78 | -34 |
| CFO/OP | 123 | 47 | 175 | 160 | 146 | 196 | 118 | 71 | -820 | 468 | 494 | 163 |
Ratios
| Particulars | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 13 | 15 | 197 | 108 | 192 | 62 | 82 | 97 | 182 | 220 | 217 | — |
| Inventory Days | — | — | — | — | — | — | 112 | 7 | 360 | — | — | — |
| Days Payable | — | — | — | — | — | — | 4,095 | 6,010 | 951 | — | — | — |
| Cash Conversion Cycle | 13 | 15 | 197 | 108 | 192 | 62 | -3,901 | -5,905 | -409 | 220 | 217 | — |
| Working Capital Days | -479 | -87 | 32 | -514 | -1,483 | -2,463 | -4,054 | -6,477 | -14,211 | -21,341 | -22,007 | — |
| ROCE % | 4% | 13% | 6% | 5% | 4% | 6% | 1% | — | — | — | — | — |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view AJR Infra & Tolling insights
61 extracted metrics + investor summaries across FY08–FY26.
Documents
3
Submission Of Standalone Financial Results For The Quarter Ended September 30, 2025
25 Feb - Unaudited standalone financial results submitted for quarter ended September 30, 2025. 25 Feb - Unaudited standalone financial results submitted for quarter ended September 30, 2025.
4
Submission Of Standalone Financial Results For The Quarter Ended December 31, 2025
25 Feb - Unaudited results (Dec 31, 2025): Rs31,319.27L exceptional reversal; corporate guarantee invoked Rs119,024.39L; going-concern risk. 25 Feb - Unaudited results (Dec 31, 2025): Rs31,319.27L exceptional reversal; corporate guarantee invoked Rs119,024.39L; going-concern risk.
5
Submission Of Standalone Financial Results For The Quarter Ended December 31, 2025
25 Feb - Q3 FY26 standalone results; Rs31,319.27 lakh exceptional income; liquidity crunch; corporate guarantee exposure Rs1,19,024.39 lakh. 25 Feb - Q3 FY26 standalone results; Rs31,319.27 lakh exceptional income; liquidity crunch; corporate guarantee exposure Rs1,19,024.39 lakh.
Frequently Asked Questions about AJR Infra & Tolling
What does AJR Infra & Tolling Ltd do?
Incorporated in 2011, AJR Infra And Tolling Ltd develops infrastructure projects on a Public-Private Partnership basis[1]
Where is AJR Infra & Tolling Ltd (AJRINFRA) listed?
AJR Infra & Tolling Ltd trades as AJRINFRA on the NSE and under code 532959 on the BSE.
Which sector does AJR Infra & Tolling Ltd belong to?
AJR Infra & Tolling Ltd is classified under the Industrials sector, in the Construction industry.
Company Information
Incorporated in 2011, AJR Infra And Tolling Ltd develops infrastructure projects on a Public-Private Partnership basis[1]
Website ajrinfra.in
Face Value ₹ 2
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/AJRINFRA.md for AJR Infra & Tolling Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.