WEBSITE BSE:533271 NSE: ASHOKA Inc. Year: 1993 Industry: Engineering - Construction
Last updated: 15:59
Ashoka Buildcon Ltd is an totally India-based infrastructure development agency. The Company is engaged in construction and maintenance of roads, and supporting services to land guide-operation of toll roads and others. The Company operates via three segments: Construction and Contract associated activities; BOT Projects, and Sales of Goods. Its Construction and Contract related activities segment includes execution of engineering and construction initiatives to provide solutions in civil and electrical engineering (on turnkey basis or in any o...Read More
Ashoka Buildcon Ltd is an totally India-based infrastructure development agency. The Company is engaged in construction and maintenance of roads, and supporting services to land guide-operation of toll roads and others. The Company operates via three segments: Construction and Contract associated activities; BOT Projects, and Sales of Goods. Its Construction and Contract related activities segment includes execution of engineering and construction initiatives to provide solutions in civil and electrical engineering (on turnkey basis or in any other case) to core/infrastructure sectors. The Company's BOT Activity relates to execution of tasks on long-time period basis comprising developing, running and preserving the infrastructure facility. The Sales of Goods section includes the activity of selling of ready mix concrete (RMC), plain cement concrete (PCC) poles, software and bitumen. The Company has tasks below construction in the States of Tamil Nadu, Karnataka, Odisha and West Bengal. ...Read Less
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Market Cap ₹4215 Cr.
Stock P/E 2.4
P/B 1
Current Price ₹150.2
Book Value ₹ 150
Face Value 5
52W High ₹294
Dividend Yield 0%
52W Low ₹ 147.1
Price goes above X
Price falls below X
PE goes above X
PE falls below X
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| #(Fig in Cr.) | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 1935 | 2154 | 2657 | 3052 | 2465 | 2489 | 2388 | 2694 | 1887 | 1851 |
| Other Income | 38 | 41 | 42 | 86 | 29 | 40 | 38 | 61 | 50 | 57 |
| Total Income | 1973 | 2195 | 2699 | 3138 | 2495 | 2529 | 2426 | 2755 | 1937 | 1908 |
| Total Expenditure | 1462 | 1608 | 2060 | 2417 | 1866 | 1584 | 1749 | 1917 | 1288 | 1266 |
| Operating Profit | 511 | 587 | 639 | 721 | 628 | 945 | 677 | 838 | 649 | 642 |
| Interest | 319 | 321 | 337 | 334 | 308 | 307 | 313 | 318 | 311 | 318 |
| Depreciation | 96 | 99 | 103 | 68 | 94 | 98 | 58 | 40 | 38 | 40 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 107 | 0 | 0 | 0 | 0 | 0 | -219 |
| Profit Before Tax | 97 | 167 | 198 | 426 | 227 | 540 | 307 | 481 | 299 | 64 |
| Provision for Tax | 35 | 60 | 90 | 163 | 69 | 78 | -355 | 30 | 73 | -26 |
| Profit After Tax | 61 | 106 | 108 | 263 | 158 | 462 | 661 | 451 | 227 | 91 |
| Adjustments | -4 | -6 | -12 | -14 | -7 | -5 | -7 | -19 | -9 | -13 |
| Profit After Adjustments | 57 | 100 | 96 | 250 | 150 | 457 | 655 | 432 | 217 | 78 |
| Adjusted Earnings Per Share | 2 | 3.6 | 3.4 | 8.9 | 5.4 | 16.3 | 23.3 | 15.4 | 7.7 | 2.8 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 2290 | 2224 | 2973 | 3601 | 4930 | 5070 | 4992 | 5999 | 8100 | 9798 | 10037 | 8820 |
| Other Income | 29 | 81 | 82 | 52 | 77 | 82 | 130 | 148 | 135 | 207 | 169 | 206 |
| Total Income | 2319 | 2305 | 3054 | 3653 | 5007 | 5152 | 5122 | 6147 | 8235 | 10005 | 10205 | 9026 |
| Total Expenditure | 1817 | 1305 | 2022 | 2462 | 3536 | 3495 | 3456 | 4210 | 6132 | 7547 | 7117 | 6220 |
| Operating Profit | 502 | 999 | 1032 | 1191 | 1471 | 1657 | 1666 | 1937 | 2103 | 2458 | 3089 | 2806 |
| Interest | 272 | 800 | 908 | 994 | 1021 | 1043 | 970 | 1004 | 1104 | 1310 | 1245 | 1260 |
| Depreciation | 152 | 269 | 264 | 291 | 258 | 300 | 276 | 338 | 341 | 367 | 290 | 176 |
| Exceptional Income / Expenses | 0 | -57 | 0 | 0 | -60 | 0 | 0 | 326 | -72 | 107 | 0 | -219 |
| Profit Before Tax | 78 | -126 | -155 | -35 | 131 | 326 | 438 | 932 | 588 | 870 | 1555 | 1151 |
| Provision for Tax | 80 | 97 | 70 | 84 | 171 | 166 | 164 | 161 | 294 | 349 | -179 | -278 |
| Profit After Tax | -1 | -224 | -225 | -119 | -40 | 160 | 273 | 771 | 294 | 521 | 1734 | 1430 |
| Adjustments | 83 | 138 | 19 | 8 | 7 | 5 | 3 | 7 | -2 | -18 | -39 | -48 |
| Profit After Adjustments | 81 | -85 | -205 | -111 | -33 | 165 | 276 | 779 | 292 | 503 | 1694 | 1382 |
| Adjusted Earnings Per Share | 3.4 | -3 | -7.3 | -4 | -1.2 | 5.9 | 9.8 | 27.7 | 10.4 | 17.9 | 60.3 | 49.2 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 2% | 19% | 15% | 16% |
| Operating Profit CAGR | 26% | 17% | 13% | 20% |
| PAT CAGR | 233% | 31% | 61% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -48% | 20% | 10% | 3% |
| ROE Average | 57% | 34% | 47% | 18% |
| ROCE Average | 41% | 33% | 30% | 22% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 1357 | 1715 | 469 | 316 | 287 | 414 | 619 | 1381 | 1676 | 2220 | 3915 |
| Minority's Interest | 505 | 562 | 117 | 94 | 119 | 128 | 211 | 219 | 220 | 204 | 244 |
| Borrowings | 3584 | 4229 | 4549 | 4870 | 5407 | 5558 | 5876 | 2936 | 3860 | 3790 | 728 |
| Other Non-Current Liabilities | 7873 | 2709 | 2816 | 2968 | 2975 | 2927 | 3041 | 680 | 3448 | 3687 | 860 |
| Total Current Liabilities | 1338 | 1740 | 2820 | 3262 | 4257 | 4523 | 4409 | 3460 | 5347 | 6226 | 5021 |
| Total Liabilities | 14657 | 10955 | 10771 | 11510 | 13045 | 13551 | 14156 | 15375 | 17044 | 19005 | 20170 |
| Fixed Assets | 12571 | 8515 | 8016 | 7875 | 7874 | 7660 | 7457 | 1275 | 6893 | 6656 | 1086 |
| Other Non-Current Assets | 822 | 540 | 710 | 1254 | 1755 | 2398 | 2777 | 2736 | 963 | 1318 | 1326 |
| Total Current Assets | 1264 | 1900 | 2045 | 2382 | 3416 | 3493 | 3923 | 4800 | 4894 | 5697 | 5696 |
| Total Assets | 14657 | 10955 | 10771 | 11510 | 13045 | 13551 | 14156 | 15375 | 17044 | 19005 | 20170 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 69 | 155 | 156 | 15 | 223 | 199 | 580 | 339 | 424 | 294 | 894 |
| Cash Flow from Operating Activities | 390 | 251 | 827 | 621 | -90 | 1070 | 155 | 353 | 492 | 749 | 1673 |
| Cash Flow from Investing Activities | -812 | -104 | -63 | -315 | -244 | -117 | -176 | -233 | -311 | 258 | -626 |
| Cash Flow from Financing Activities | 369 | 25 | -866 | -98 | 311 | -571 | -221 | -35 | -311 | -407 | -1052 |
| Net Cash Inflow / Outflow | -53 | 171 | -101 | 208 | -24 | 381 | -242 | 85 | -130 | 600 | -4 |
| Closing Cash & Cash Equivalent | 16 | 326 | 55 | 223 | 199 | 580 | 339 | 424 | 294 | 894 | 890 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 3.42 | -3.04 | -7.31 | -3.96 | -1.19 | 5.89 | 9.84 | 27.73 | 10.42 | 17.92 | 60.35 |
| CEPS(Rs) | 6.32 | 1.62 | 1.4 | 6.15 | 7.76 | 16.39 | 19.57 | 39.53 | 22.62 | 31.63 | 72.07 |
| DPS(Rs) | 1.4 | 1.5 | 1.6 | 0.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 57.03 | 61.08 | 16.72 | 11.25 | 10.22 | 14.76 | 22.06 | 49.19 | 59.69 | 79.09 | 139.47 |
| Core EBITDA Margin(%) | 20.61 | 41.19 | 31.9 | 31.63 | 28.28 | 31.07 | 30.76 | 29.82 | 24.3 | 22.98 | 29.09 |
| EBIT Margin(%) | 15.26 | 30.2 | 25.27 | 26.61 | 23.37 | 27 | 28.19 | 32.27 | 20.89 | 22.25 | 27.9 |
| Pre Tax Margin(%) | 3.41 | -5.66 | -5.2 | -0.97 | 2.65 | 6.43 | 8.77 | 15.54 | 7.26 | 8.88 | 15.49 |
| PAT Margin (%) | -0.06 | -10.03 | -7.54 | -3.29 | -0.82 | 3.16 | 5.48 | 12.86 | 3.63 | 5.32 | 17.27 |
| Cash Profit Margin (%) | 6.55 | 2.04 | 1.32 | 4.8 | 4.42 | 9.07 | 11.01 | 18.5 | 7.84 | 9.06 | 20.16 |
| ROA(%) | -0.01 | -1.75 | -2.07 | -1.07 | -0.33 | 1.21 | 1.97 | 5.22 | 1.81 | 2.89 | 8.85 |
| ROE(%) | -0.1 | -14.56 | -20.57 | -30.22 | -13.37 | 45.74 | 52.92 | 77.14 | 19.23 | 26.76 | 56.51 |
| ROCE(%) | 7.1 | 11.39 | 12.95 | 18.02 | 19.61 | 21.07 | 20.11 | 31.39 | 27.77 | 29.37 | 41.38 |
| Receivable days | 39.35 | 72.09 | 53.72 | 53.18 | 64.31 | 71.25 | 66.8 | 50.5 | 37.91 | 36.82 | 41.28 |
| Inventory Days | 107.8 | 147.49 | 87.75 | 39.46 | 31.31 | 31 | 31.86 | 26.97 | 22.76 | 23.45 | 22.5 |
| Payable days | 250.79 | 659.52 | 319.65 | 256.95 | 186.79 | 257.37 | 205.51 | 186.89 | 125.54 | 116.59 | 139.94 |
| PER(x) | 34.79 | 0 | 0 | 0 | 0 | 7.01 | 10.34 | 3.09 | 7.1 | 8.74 | 3.19 |
| Price/Book(x) | 2.09 | 1.86 | 7.72 | 14.59 | 12.61 | 2.8 | 4.61 | 1.74 | 1.24 | 1.98 | 1.38 |
| Dividend Yield(%) | 0.78 | 0.88 | 0.83 | 0.32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 2.99 | 3.47 | 2.78 | 2.63 | 1.91 | 1.31 | 1.79 | 0.88 | 0.86 | 0.92 | 0.7 |
| EV/Core EBITDA(x) | 13.65 | 7.71 | 8.02 | 7.94 | 6.41 | 4.02 | 5.37 | 2.74 | 3.33 | 3.67 | 2.26 |
| Net Sales Growth(%) | 23.92 | -2.9 | 33.69 | 21.13 | 36.91 | 2.85 | -1.55 | 20.18 | 35.03 | 20.96 | 2.43 |
| EBIT Growth(%) | 36.16 | 92.21 | 11.83 | 27.34 | 20.14 | 18.82 | 2.81 | 37.57 | -12.6 | 28.86 | 28.42 |
| PAT Growth(%) | -102.46 | 0 | -0.46 | 47.18 | 66.05 | 498.06 | 70.54 | 182.07 | -61.9 | 77.32 | 232.6 |
| EPS Growth(%) | -16.74 | -188.79 | -140.51 | 45.86 | 69.9 | 594.08 | 67.09 | 181.86 | -62.44 | 72.04 | 236.75 |
| Debt/Equity(x) | 2.99 | 2.74 | 10.13 | 16.15 | 21.07 | 15.09 | 10.84 | 2.62 | 3.29 | 2.45 | 0.5 |
| Current Ratio(x) | 0.94 | 1.09 | 0.73 | 0.73 | 0.8 | 0.77 | 0.89 | 1.39 | 0.92 | 0.92 | 1.13 |
| Quick Ratio(x) | 0.4 | 0.47 | 0.6 | 0.6 | 0.7 | 0.68 | 0.79 | 1.26 | 0.81 | 0.8 | 1.03 |
| Interest Cover(x) | 1.29 | 0.84 | 0.83 | 0.96 | 1.13 | 1.31 | 1.45 | 1.93 | 1.53 | 1.66 | 2.25 |
| Total Debt/Mcap(x) | 1.43 | 1.47 | 1.31 | 1.11 | 1.67 | 5.39 | 2.35 | 1.51 | 2.65 | 1.24 | 0.36 |
| # | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 54.48 | 54.48 | 54.48 | 54.48 | 54.48 | 54.48 | 54.48 | 54.48 | 54.48 | 54.48 |
| FII | 2.4 | 2.97 | 4.51 | 7.24 | 7.63 | 7.96 | 8.52 | 7.48 | 7.29 | 7.45 |
| DII | 18.64 | 19.97 | 19.72 | 17.63 | 19.33 | 17.79 | 15.46 | 14.93 | 14.16 | 14.06 |
| Public | 24.48 | 22.59 | 21.28 | 20.65 | 18.56 | 19.78 | 21.55 | 23.12 | 24.07 | 24.01 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 15.29 | 15.29 | 15.29 | 15.29 | 15.29 | 15.29 | 15.29 | 15.29 | 15.29 | 15.29 |
| FII | 0.67 | 0.83 | 1.27 | 2.03 | 2.14 | 2.23 | 2.39 | 2.1 | 2.05 | 2.09 |
| DII | 5.23 | 5.6 | 5.54 | 4.95 | 5.43 | 4.99 | 4.34 | 4.19 | 3.98 | 3.95 |
| Public | 6.87 | 6.34 | 5.97 | 5.8 | 5.21 | 5.55 | 6.05 | 6.49 | 6.76 | 6.74 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 28.07 | 28.07 | 28.07 | 28.07 | 28.07 | 28.07 | 28.07 | 28.07 | 28.07 | 28.07 |
* The pros and cons are machine generated.
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