Mumbai, Jan. 29 -- Crisil Ratings stated that the ratings reflect the strong business profile of Afcons (part of Shapoorji Pallonji Group), demonstrated by its established track record and ability to execute complex infrastructure engineering projects in India and overseas.

Aided by robust order inflow of Rs 12,677 crore in the first half of fiscal 2025, the company had an order book of Rs 34,152 crore as of September 2024 across the urban infrastructure, hydro and underground including water and irrigation projects, surface transport, marine, and oil and gas segments.

Around 83% of the order book is domestic, while around 17% is overseas and involves varied counterparties. This level of diversification shall reduce risk associated with...