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AJR Infra & Tolling Ltd.

AJR Infra & Tolling Ltd.

AJRINFRA.NS
AJR Infra & Tolling Ltd.IN flagNational Stock Exchange of India
0.70
INR
- -
- -
659.28MMarket Cap
AJR Infra & Tolling Ltd.
AJRINFRA.NS
(National Stock Exchange of India)

Recent

price

0.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2015
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
2.56
4.4
4.23
5.8
9.41
9.48
7
5.26
4.09
3.09
2.42
1.78
0.97
0.65
0.37
- -
- -
Revenue per Share
0.49
0.42
0.29
-0.35
0.2
0.09
-1.1
-1.55
-1.65
0.71
-2.48
-9.8
-16.62
-2
5.96
11.8
11.19
Basic EPS, GAAP
1.63
1.56
2.68
3.29
4.92
- -
1.41
2.24
2.58
3.81
1.01
0.51
0.84
0.29
-0.83
-0.36
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
8.41
3.71
3.85
3.08
3.22
- -
0.94
-0.59
-2.23
-1.51
-3.99
-13.79
-30.82
-32.82
-26.87
2.01
1.9
Book Value per Share
7.89
8.63
-30.91
-43.84
-49.55
- -
-20.94
-32.15
-26.27
-15.07
-17.48
-15.84
-32.86
-34.9
-20.9
-9.1
-8.63
Tangible Book Value per Share
744
744
749
729
734
915
942
942
942
942
942
942
942
942
941
941
993
Basic Weighted Avg Shares
1,905
3,273
3,166
4,229
6,904
8,674
6,596
4,955
3,851
2,908
2,279
1,676
911
612
347
- -
- -
Sales/Revenue/Turnover
48.76
27.03
35.36
35.2
44.59
27.2
33.77
8.1
-0.8
-1.22
0.33
11.47
-52.24
-51.54
-148.79
- -
- -
Operating Margin (%)
433
500
849
779
1,609
2,594
495
872
1,087
1,256
889
714
506
384
182
- -
- -
Depreciation Expense
362
312
220
-254
147
82
-1,041
-1,457
-1,555
672
-2,333
-9,234
-15,654
-1,879
5,611
11,109
11,109
Net Income, GAAP
11.86
26.75
17.36
- -
- -
48.79
- -
- -
- -
46.34
- -
- -
- -
- -
2.97
- -
0.82
Effective Tax Rate (%)
19
9.55
6.95
-6.01
2.13
0.95
-15.78
-29.4
-40.38
23.12
-102.37
-550.9
-1,717.91
-306.89
1,617.03
- -
- -
Profit Margin (%)
2,480
977
-3,192
-4,845
-3,577
- -
2,363
-7,846
-19,256
-23,892
-25,931
-30,828
-34,547
-34,803
-20,856
-9,825
-9,825
Working Capital
13,360
19,230
23,778
30,389
36,117
- -
25,499
24,196
14,580
5,108
4,766
25
647
360
- -
- -
- -
LT Debt
6,281
6,841
7,751
8,670
8,929
- -
7,024
5,227
3,142
3,796
1,030
-8,771
-25,203
-27,509
-19,669
-8,560
-8,560
Total Equity
4.65
2.84
3.16
- -
- -
5.27
- -
- -
- -
-0.13
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
4.56
3.29
4.32
- -
- -
6.02
- -
- -
- -
34.49
- -
- -
- -
- -
-28.69
- -
-5,249.21
Return on Capital (%)
6.31
6.93
7.8
-9.91
6.38
6.96
-234.15
- -
- -
- -
- -
- -
- -
- -
- -
- -
1,066.45
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
37
- -
82
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
942
- -
942
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
396
- -
386
Cash, Cash Equivalents & STI
66
- -
68
Accounts Receivable, Net
185
- -
185
Inventories
- -
- -
- -
Total Current Liabilities
9,898
- -
10,210
Payables & Accruals
- -
- -
- -
ST Debt
37
- -
82
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-168.07%
-56.48%
Free Cash Flow
- -
-99.63%
-57.08%
Net Income, GAAP
-193.02%
-4.65%
98.01%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
124
134
172
182
612
2025
151
196
- -
- -
347
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.71
-0.76
-0.91
- -
-2
2025
-0.59
7.6
-0.38
-0.64
5.96
2026
11.71
0.03
-0.01
0.07
11.8

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
AJR Infra and Tolling Ltd AJR Infra and Tolling Limited (AJRINFRA:NS) serves as an infrastructure project development holding company that invests in and develops projects on a public-private partnership basis across multiple sectors in India. Incorporated in 2001 and headquartered in Mumbai, the company focuses on roads and expressways, ports, hydropower, urban infrastructure, airports, special economic zones, water and wastewater management, railways, power transmission lines, and agricultural infrastructure; its activities encompass project development, project advisory services, and sector-specific operations and maintenance. Key projects include Vizag Seaport Private Limited for multipurpose berths at Visakhapatnam Port on a build-operate-transfer basis, Pravara Renewable Energy Limited, Cochin Bridge Infrastructure Company Limited, Sidhi Singrauli Road Project Limited under construction, Indira Container Terminal Private Limited under construction, Youngthang Power Ventures Limited and Tidong Hydro Power Limited under development, and Duburi-Chandikhole Project under construction, while several others such as Patna Highway Projects Limited and Rajahmundry Godavari Bridge Limited remain under insolvency proceedings. In recent developments, the company approved the sale of its stake in Vizag Seaport Private Limited in March 2024, transferring 1,45,60,942 equity shares to Shripriya Ports Private Limited and 4,35,956 shares to Mr. Ragam Kishore, and divested its holdings in Elgan India Martrade Private Limited to Mogra Investment Pvt Ltd for INR 40.9 million in March 2024; it also made board appointments including Komal Goel as an independent director in February and held shareholder meetings and financial result approvals through 2025.