Ashoka Buildcon Ltd
Ashoka Buildcon is presently engaged in the business of construction of infrastructure facilities on Engineering, Procurement and Construction Basis (EPC) and Built,Operate and Transfer (BOT) Basis and Sale of Ready Mix Concrete. The Company has promoted Special Purpose Vehicles (SPVs) for some of its projects, wherein'Toll Collection Rights' are received in exchange of the Construction Cost. For this, the SPVs significantly engage the services of the Company for contract related activities due to inherent execution capabilities / expertise and experience of the Company.
- Market Cap ₹ 3,172 Cr.
- Current Price ₹ 113
- High / Low ₹ 119 / 37.0
- Stock P/E 11.8
- Book Value ₹ 16.4
- Dividend Yield 0.00 %
- ROCE 20.8 %
- ROE 45.5 %
- Face Value ₹ 5.00
Pros
- Company's median sales growth is 21.13% of last 10 years
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -0.88% for last 3 years.
- Company's cost of borrowing seems high
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
729 | 962 | 1,005 | 1,367 | 1,597 | 1,168 | 1,038 | 1,280 | 1,584 | 761 | 1,189 | 1,305 | |
524 | 656 | 682 | 997 | 1,209 | 813 | 669 | 902 | 1,110 | 514 | 797 | 889 | |
Operating Profit | 205 | 306 | 322 | 370 | 388 | 355 | 368 | 378 | 474 | 247 | 392 | 416 |
OPM % | 28% | 32% | 32% | 27% | 24% | 30% | 35% | 30% | 30% | 32% | 33% | 32% |
Other Income | -35 | 28 | 13 | -23 | 7 | 22 | 18 | 27 | 26 | 35 | 35 | 29 |
Interest | 114 | 248 | 242 | 262 | 269 | 282 | 252 | 253 | 257 | 239 | 243 | 240 |
Depreciation | 71 | 60 | 62 | 66 | 70 | 76 | 79 | 82 | 64 | 52 | 70 | 77 |
Profit before tax | -15 | 25 | 32 | 19 | 55 | 20 | 56 | 70 | 180 | -9 | 115 | 129 |
Tax % | -159% | 130% | 112% | 190% | 122% | 217% | 80% | 64% | 18% | -309% | 39% | 32% |
Net Profit | -7 | -5 | -4 | -16 | -10 | -20 | 18 | 32 | 135 | -28 | 73 | 88 |
EPS in Rs | -0.26 | -0.18 | -0.13 | -0.56 | -0.36 | -0.70 | 0.64 | 1.15 | 4.79 | -1.00 | 2.61 | 3.15 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
518 | 796 | 1,303 | 1,500 | 1,853 | 1,795 | 2,320 | 2,825 | 2,973 | 3,601 | 4,930 | 5,070 | 4,840 | |
407 | 632 | 1,050 | 1,175 | 1,482 | 1,414 | 1,847 | 1,919 | 2,037 | 2,462 | 3,551 | 3,495 | 3,311 | |
Operating Profit | 111 | 163 | 253 | 325 | 371 | 380 | 473 | 905 | 935 | 1,140 | 1,379 | 1,575 | 1,529 |
OPM % | 22% | 21% | 19% | 22% | 20% | 21% | 20% | 32% | 31% | 32% | 28% | 31% | 32% |
Other Income | 15 | 19 | 140 | 35 | 15 | 16 | 29 | 37 | 82 | 111 | 31 | 93 | 126 |
Interest | 65 | 49 | 72 | 114 | 139 | 134 | 272 | 800 | 908 | 994 | 1,021 | 1,043 | 979 |
Depreciation | 12 | 15 | 69 | 85 | 132 | 139 | 152 | 269 | 264 | 291 | 258 | 300 | 262 |
Profit before tax | 50 | 118 | 253 | 161 | 114 | 124 | 78 | -126 | -155 | -35 | 131 | 326 | 414 |
Tax % | 23% | 27% | 17% | 28% | 60% | 56% | 102% | -77% | -45% | -239% | 131% | 51% | |
Net Profit | 35 | 80 | 208 | 125 | 84 | 97 | 81 | -85 | -205 | -111 | -33 | 165 | 268 |
EPS in Rs | 8.78 | 5.26 | 3.55 | 4.11 | 3.42 | -3.04 | -7.31 | -3.96 | -1.19 | 5.89 | 9.55 | ||
Dividend Payout % | 0% | 0% | 0% | 0% | 25% | 24% | 27% | -33% | -15% | -13% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 20% |
5 Years: | 17% |
3 Years: | 19% |
TTM: | -5% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 17% |
3 Years: | 38% |
TTM: | 1506% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | -1% |
3 Years: | -8% |
1 Year: | 25% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | -9% |
3 Years: | -1% |
Last Year: | 46% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
59 | 58 | 63 | 55 | 53 | 79 | 79 | 94 | 94 | 94 | 140 | 140 | 140 | |
Reserves | 284 | 404 | 830 | 964 | 983 | 1,169 | 1,278 | 1,621 | 376 | 222 | 147 | 274 | 319 |
Borrowings | 723 | 1,122 | 1,283 | 1,707 | 2,454 | 3,193 | 3,873 | 4,692 | 4,754 | 5,101 | 6,044 | 6,262 | 5,746 |
209 | 490 | 492 | 2,650 | 8,949 | 9,078 | 9,437 | 4,571 | 5,580 | 6,133 | 6,770 | 6,958 | 7,383 | |
Total Liabilities | 1,261 | 2,062 | 2,657 | 5,374 | 12,439 | 13,518 | 14,667 | 10,977 | 10,804 | 11,550 | 13,101 | 13,634 | 13,589 |
491 | 461 | 1,020 | 1,626 | 1,500 | 4,025 | 12,571 | 8,515 | 8,016 | 7,875 | 7,874 | 7,683 | 7,604 | |
CWIP | 373 | 814 | 604 | 2,678 | 9,610 | 7,962 | 151 | 20 | 37 | 46 | 58 | 86 | 83 |
Investments | 91 | 149 | 139 | 205 | 282 | 285 | 240 | 228 | 186 | 247 | 284 | 186 | 194 |
306 | 638 | 893 | 865 | 1,046 | 1,246 | 1,705 | 2,215 | 2,565 | 3,381 | 4,885 | 5,678 | 5,708 | |
Total Assets | 1,261 | 2,062 | 2,657 | 5,374 | 12,439 | 13,518 | 14,667 | 10,977 | 10,804 | 11,550 | 13,101 | 13,634 | 13,589 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
209 | 155 | 134 | 2,472 | 6,500 | 386 | 390 | 251 | 827 | 621 | -90 | 1,069 | |
-382 | -489 | -432 | -2,798 | -7,074 | -922 | -812 | -104 | -63 | -315 | -244 | -117 | |
142 | 349 | 285 | 305 | 576 | 579 | 369 | 25 | -866 | -98 | 311 | -571 | |
Net Cash Flow | -30 | 15 | -12 | -21 | 2 | 43 | -53 | 172 | -101 | 208 | -24 | 381 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 12% | 13% | 11% | 11% | 9% | 7% | 7% | 12% | 12% | 18% | 20% | 21% |
Debtor Days | 25 | 84 | 58 | 36 | 17 | 27 | 57 | 67 | 44 | 70 | 78 | 65 |
Inventory Turnover | 0.74 | 0.44 | 0.28 | 0.47 | 0.26 | 0.20 | 0.21 | 1.04 | 0.93 | 2.42 | 3.57 | 2.69 |
Documents
Add documentRecent announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 18 Feb
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Feb
- Announcement under Regulation 30 (LODR)-Investor Presentation 8 Feb
- Announcement under Regulation 30 (LODR)-Investor Presentation 6 Feb
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 5 Feb
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2012 from nse
- Financial Year 2011 from bse