Ashoka Buildcon Ltd
Ashoka Buildcon Ltd is engaged in the business of construction and infrastructure facilities on EPC and BOT basis. It is also involved in the sale of RMC (ready mix concrete).[1]
- Market Cap ₹ 5,971 Cr.
- Current Price ₹ 213
- High / Low ₹ 319 / 158
- Stock P/E 30.3
- Book Value ₹ 143
- Dividend Yield 0.00 %
- ROCE 10.2 %
- ROE 5.04 %
- Face Value ₹ 5.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 8.08% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Construction Construction Civil Construction
Part of BSE SmallCap BSE Allcap BSE Industrials Nifty Microcap 250 Nifty Total Market
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,557 | 1,967 | 1,938 | 2,006 | 2,446 | 3,821 | 3,937 | 3,818 | 4,645 | 6,372 | 7,727 | 7,061 | |
1,358 | 1,717 | 1,697 | 1,764 | 2,153 | 3,305 | 3,352 | 3,297 | 4,089 | 5,839 | 7,150 | 6,515 | |
Operating Profit | 198 | 250 | 241 | 243 | 293 | 515 | 586 | 520 | 556 | 534 | 576 | 547 |
OPM % | 13% | 13% | 12% | 12% | 12% | 13% | 15% | 14% | 12% | 8% | 7% | 8% |
32 | 58 | 96 | 72 | 98 | 69 | 145 | 191 | -624 | 455 | 332 | 127 | |
Interest | 33 | 59 | 67 | 47 | 49 | 91 | 85 | 77 | 86 | 141 | 228 | 296 |
Depreciation | 43 | 55 | 67 | 51 | 53 | 76 | 111 | 87 | 70 | 74 | 105 | 98 |
Profit before tax | 153 | 194 | 203 | 216 | 289 | 417 | 534 | 547 | -224 | 773 | 575 | 279 |
Tax % | 33% | 27% | 32% | 19% | 18% | 31% | 28% | 25% | 38% | 13% | 23% | 29% |
103 | 142 | 139 | 176 | 237 | 286 | 387 | 408 | -309 | 671 | 443 | 197 | |
EPS in Rs | 4.37 | 5.98 | 4.95 | 6.27 | 8.44 | 10.19 | 13.79 | 14.54 | -10.99 | 23.91 | 15.77 | 7.03 |
Dividend Payout % | 23% | 16% | 20% | 17% | 6% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 12% |
3 Years: | 15% |
TTM: | -9% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | -13% |
3 Years: | -29% |
TTM: | -30% |
Stock Price CAGR | |
---|---|
10 Years: | 6% |
5 Years: | 28% |
3 Years: | 43% |
1 Year: | -5% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 11% |
3 Years: | 8% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 79 | 79 | 94 | 94 | 94 | 140 | 140 | 140 | 140 | 140 | 140 | 140 |
Reserves | 854 | 975 | 1,602 | 1,629 | 1,833 | 2,072 | 2,459 | 2,866 | 2,558 | 3,229 | 3,672 | 3,869 |
224 | 445 | 434 | 200 | 160 | 788 | 447 | 446 | 569 | 1,043 | 1,449 | 2,062 | |
1,053 | 1,167 | 940 | 1,527 | 1,841 | 2,308 | 2,266 | 2,049 | 2,099 | 2,787 | 3,472 | 3,320 | |
Total Liabilities | 2,210 | 2,666 | 3,070 | 3,450 | 3,927 | 5,309 | 5,312 | 5,501 | 5,366 | 7,200 | 8,734 | 9,392 |
203 | 167 | 151 | 169 | 217 | 380 | 349 | 285 | 279 | 282 | 327 | 308 | |
CWIP | 24 | 20 | 4 | 16 | 15 | 6 | 10 | 2 | 2 | 28 | 2 | 16 |
Investments | 976 | 1,097 | 1,230 | 1,306 | 1,346 | 1,364 | 1,411 | 1,458 | 1,063 | 1,373 | 1,484 | 1,263 |
1,008 | 1,382 | 1,685 | 1,959 | 2,348 | 3,559 | 3,542 | 3,756 | 4,023 | 5,517 | 6,920 | 7,804 | |
Total Assets | 2,210 | 2,666 | 3,070 | 3,450 | 3,927 | 5,309 | 5,312 | 5,501 | 5,366 | 7,200 | 8,734 | 9,392 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
338 | -75 | -350 | 442 | 498 | 8 | 741 | 131 | 161 | 73 | 410 | -591 | |
-234 | -91 | -15 | -146 | -334 | -552 | -57 | -206 | -252 | -391 | -282 | 51 | |
-103 | 162 | 388 | -184 | -18 | 473 | -448 | -74 | 25 | 336 | 173 | 318 | |
Net Cash Flow | 1 | -4 | 23 | 112 | 146 | -71 | 237 | -149 | -65 | 18 | 301 | -222 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 44 | 89 | 109 | 83 | 128 | 122 | 116 | 115 | 82 | 62 | 52 | 66 |
Inventory Days | 337 | 55 | 65 | 38 | 49 | 50 | 48 | 45 | 46 | 21 | ||
Days Payable | 187 | 360 | 265 | 199 | 219 | 205 | 206 | 154 | 167 | 79 | ||
Cash Conversion Cycle | 44 | 89 | 259 | -222 | -71 | -39 | -55 | -40 | -76 | -46 | -69 | 8 |
Working Capital Days | 28 | 41 | 126 | 39 | 2 | 40 | 12 | 42 | 118 | 115 | 99 | 160 |
ROCE % | 18% | 18% | 15% | 13% | 17% | 22% | 20% | 19% | 19% | 15% | 12% | 10% |
Documents
Announcements
- Closure of Trading Window 15h
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 1d
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Issuance Of Securities - Commercial Papers
2d - Issued Rs.50 Cr commercial papers at 7.60% for 89 days maturing Sept 23, 2025.
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Intimation of Repayment of Commercial Paper (CP)
25 Jun - Ashoka Buildcon fully redeemed Rs.50 Cr commercial papers with interest on June 25, 2025.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
19 Jun - Ashoka Buildcon awarded $67.25M Guyana road project contract, 18-month duration.
Annual reports
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Financial Year 2024
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Business Segments
1) Construction Contract (63% in 9M FY25 vs 55% in FY23): [1][2]
The company undertakes engineering, procurement, and construction (EPC) of road, rail, power projects, etc. It is a Fortune India 500 company and one of the leading highway developers in India. [3] As of 9M FY25, the company has constructed 14,000+ lane km of highways and electrified 30,000+ villages through power T&D projects. Additionally, it has completed 750+ Tkms of overhead electrification, linked 170+ Tkms of railway tracks, laid 32,000 km of optical fiber, and built 10+ Mn sq. ft. of buildings. [4] [5]