Ashoka Buildcon
ASHOKA NSE
Ashoka Buildcon
ConstructionNSE: ASHOKA BSE: 533271 Civil Construction
Key Fundamentals
MicrocapCivil ConstructionConstructionMarket Cap
₹3,128 Cr
Volatility
Moderate
P/E Ratio
1.3
EBITDA
₹2,066 Cr
Return on Equity
39.17%
Debt to Equity
0.24
Book Value
₹234.37
EPS
₹19.35
52W High
₹214.5
52W Low
₹101
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Stock is trading at 0.49 times its book value
Weaknesses
6- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 8.54% over past five years.
- Earnings include an other income of Rs.2,312 Cr.
- Debtor days have increased from 53.9 to 78.1 days.
- Company's cost of borrowing seems high
- Working capital days have increased from 30.4 days to 142 days
Growth Rate
Revenue Growth
-24.51% lower than
3Y
Net Income Growth
48.58% higher than
3Y
Cash Flow Change
-60.88% lower than
3Y
ROE
-6.02% lower than
3Y
ROCE
128% lower than
3Y
EBITDA Margin (Avg.)
-11.4% lower than
3Y
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,935 | 2,154 | 2,657 | 3,052 | 2,465 | 2,489 | 2,388 | 2,694 | 1,887 | 1,851 | 1,827 | 1,954 | 1,500 |
| Expenses | 1,462 | 1,608 | 2,070 | 2,426 | 1,866 | 1,584 | 1,749 | 1,917 | 1,288 | 1,266 | 1,392 | 1,696 | 1,242 |
| Operating Profit | 473 | 546 | 587 | 626 | 599 | 905 | 639 | 777 | 599 | 585 | 435 | 258 | 258 |
| OPM % | 24% | 25% | 22% | 21% | 24% | 36% | 27% | 29% | 32% | 32% | 24% | 13% | 17% |
| Other Income | 38 | 41 | 42 | 193 | 29 | 40 | 39 | 61 | 50 | -163 | 2,416 | 25 | 34 |
| Interest | 319 | 321 | 337 | 334 | 308 | 307 | 313 | 318 | 311 | 318 | 200 | 82 | 83 |
| Depreciation | 96 | 99 | 103 | 68 | 94 | 98 | 58 | 40 | 38 | 40 | 42 | 41 | 36 |
| PBT | 97 | 167 | 189 | 417 | 227 | 540 | 307 | 481 | 300 | 64 | 2,609 | 160 | 173 |
| Tax % | 26% | 29% | 48% | 39% | 30% | 14% | -116% | 6% | 24% | -41% | 19% | 8% | 26% |
| Net Profit | 72 | 119 | 99 | 254 | 158 | 462 | 662 | 452 | 227 | 91 | 2,111 | 147 | 127 |
| EPS in Rs | 2.41 | 4 | 3.43 | 8.89 | 5.36 | 16.28 | 23.32 | 15.4 | 7.74 | 2.78 | 75.21 | 5.1 | 4.55 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,320 | 2,825 | 2,973 | 3,601 | 4,930 | 5,070 | 4,992 | 5,999 | 8,100 | 9,798 | 10,037 | 7,520 | 7,132 |
| Expenses | 1,847 | 1,907 | 2,037 | 2,462 | 3,537 | 3,495 | 3,455 | 4,210 | 6,132 | 7,564 | 7,117 | 5,641 | 5,596 |
| Operating Profit | 473 | 918 | 935 | 1,140 | 1,393 | 1,575 | 1,536 | 1,789 | 1,969 | 2,235 | 2,920 | 1,879 | 1,536 |
| OPM % | 20% | 33% | 31% | 32% | 28% | 31% | 31% | 30% | 24% | 23% | 29% | 25% | 22% |
| Other Income | 29 | 24 | 82 | 111 | 17 | 93 | 147 | 485 | 64 | 312 | 170 | 2,326 | 2,312 |
| Interest | 272 | 800 | 908 | 994 | 1,021 | 1,043 | 970 | 1,004 | 1,104 | 1,310 | 1,245 | 912 | 684 |
| Depreciation | 152 | 269 | 264 | 291 | 258 | 300 | 276 | 338 | 341 | 367 | 290 | 161 | 158 |
| PBT | 78 | -126 | -155 | -35 | 131 | 326 | 438 | 932 | 588 | 870 | 1,555 | 3,132 | 3,006 |
| Tax % | 102% | 77% | 45% | 239% | 131% | 51% | 38% | 17% | 50% | 40% | -12% | 18% | — |
| Net Profit | -1 | -224 | -225 | -119 | -40 | 160 | 273 | 771 | 294 | 521 | 1,734 | 2,576 | 2,476 |
| EPS in Rs | 3.42 | -3.04 | -7.31 | -3.96 | -1.19 | 5.89 | 9.84 | 27.73 | 10.42 | 17.92 | 60.35 | 90.84 | 87.64 |
| Div. Payout % | 27% | -33% | -15% | -13% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 79 | 94 | 94 | 94 | 140 | 140 | 140 | 140 | 140 | 140 | 140 | 140 |
| Reserves | 1,278 | 1,621 | 376 | 222 | 147 | 274 | 479 | 1,240 | 1,535 | 2,080 | 3,775 | 6,439 |
| Borrowings | 3,873 | 4,692 | 4,754 | 5,102 | 6,044 | 6,262 | 6,719 | 3,635 | 5,509 | 5,450 | 1,988 | 1,608 |
| Other Liabilities | 9,437 | 4,571 | 5,580 | 6,132 | 6,770 | 6,958 | 6,879 | 10,389 | 9,860 | 11,338 | 14,670 | 4,696 |
| Total Liabilities | 14,667 | 10,977 | 10,804 | 11,550 | 13,101 | 13,634 | 14,217 | 15,405 | 17,045 | 19,009 | 20,573 | 12,884 |
| Fixed Assets | 12,571 | 8,515 | 8,016 | 7,875 | 7,874 | 7,693 | 7,488 | 1,309 | 6,927 | 6,689 | 1,124 | 1,162 |
| CWIP | 151 | 20 | 37 | 46 | 58 | 77 | 62 | 73 | 62 | 39 | 53 | 54 |
| Investments | 240 | 228 | 186 | 247 | 284 | 186 | 214 | 65 | 73 | 112 | 221 | 440 |
| Other Assets | 1,705 | 2,215 | 2,565 | 3,381 | 4,885 | 5,678 | 6,454 | 13,959 | 9,982 | 12,169 | 19,175 | 11,228 |
| Total Assets | 14,667 | 10,977 | 10,804 | 11,550 | 13,101 | 13,634 | 14,217 | 15,405 | 17,045 | 19,009 | 20,573 | 12,884 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 390 | 251 | 827 | 621 | -90 | 1,070 | 155 | 353 | 492 | 749 | 1,673 | 655 |
| Investing | -812 | -104 | -63 | -315 | -244 | -117 | -176 | -233 | -311 | 258 | -626 | 1,276 |
| Financing | 369 | 25 | -866 | -98 | 311 | -571 | -221 | -35 | -311 | -407 | -1,052 | -1,590 |
| Net Cash Flow | -53 | 172 | -101 | 208 | -24 | 381 | -242 | 85 | -130 | 600 | -4 | 341 |
| Free Cash Flow | -497 | 142 | 696 | 462 | -300 | 966 | 73 | 216 | 317 | 606 | 1,573 | 547 |
| CFO/OP | 101 | 39 | 98 | 65 | 7 | 81 | 20 | 30 | 34 | 44 | 68 | 47 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 57 | 67 | 44 | 70 | 78 | 67 | 66 | 46 | 41 | 39 | 44 | 78 |
| Inventory Days | — | 443 | 220 | 184 | 103 | 137 | 123 | 108 | 77 | 71 | 67 | 87 |
| Days Payable | — | 223 | 351 | 285 | 229 | 232 | 206 | 206 | 146 | 160 | 157 | 234 |
| Cash Conversion Cycle | 57 | 287 | -87 | -31 | -48 | -28 | -17 | -52 | -28 | -49 | -46 | -68 |
| Working Capital Days | -20 | -11 | -113 | -120 | -94 | -129 | -83 | 35 | -48 | -54 | 3 | 142 |
| ROCE % | 7% | 11% | 12% | 18% | 20% | 20% | 20% | 25% | 28% | 27% | 40% | 26% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Ashoka Buildcon insights
63 extracted metrics + investor summaries across FY11–FY26.
Documents
1
Announcement under Regulation 30 (LODR)-Acquisition
29 Apr - Ashoka Buildcon subscribed to 1.45 crore shares of subsidiary ABSRPL for Rs14.52 crore on April 29, 2026. 29 Apr - Ashoka Buildcon subscribed to 1.45 crore shares of subsidiary ABSRPL for Rs14.52 crore on April 29, 2026.
2
Announcement under Regulation 30 (LODR)-Acquisition
29 Apr - Ashoka Buildcon subscribed to 1.45 crore shares of subsidiary ABSRPL for Rs14.52 crore on April 29, 2026. 29 Apr - Ashoka Buildcon subscribed to 1.45 crore shares of subsidiary ABSRPL for Rs14.52 crore on April 29, 2026.
3
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
24 Apr - Ashoka Buildcon received Angola contract acceptance for $72.36 million electricity distribution rehabilitation project, to execute in 24 months. 24 Apr - Ashoka Buildcon received Angola contract acceptance for $72.36 million electricity distribution rehabilitation project, to execute in 24 months.
4
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
14h - Ashoka Buildcon received Angola contract acceptance for $72.36 million electricity distribution rehabilitation project, to execute in 24 months. 14h - Ashoka Buildcon received Angola contract acceptance for $72.36 million electricity distribution rehabilitation project, to execute in 24 months.
5
Intimation Regarding Redemption Of Non-Convertible Debentures (Ncds) - Series III
23 Apr - Redeemed 10,000 NCDs aggregating Rs.100 crore in full with interest on April 23, 2026. 23 Apr - Redeemed 10,000 NCDs aggregating Rs.100 crore in full with interest on April 23, 2026.
Frequently Asked Questions about Ashoka Buildcon
What does Ashoka Buildcon Ltd do?
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 and making switchgear concrete).[1]
Where is Ashoka Buildcon Ltd (ASHOKA) listed?
Ashoka Buildcon Ltd trades as ASHOKA on the NSE and under code 533271 on the BSE.
Which sector does Ashoka Buildcon Ltd belong to?
Ashoka Buildcon Ltd is classified under the Construction sector, in the Civil Construction industry.
What is the market capitalisation of Ashoka Buildcon Ltd?
Ashoka Buildcon Ltd has a market capitalisation of ₹3,128 Cr, which places it in the Small Cap band.
What is the PE ratio of Ashoka Buildcon Ltd?
Ashoka Buildcon Ltd trades at a PE ratio of 1.30, on earnings per share of ₹19.35, against a book value of ₹234.37 per share.
What is the 52-week high and low of Ashoka Buildcon Ltd?
Over the last 52 weeks Ashoka Buildcon Ltd has traded between ₹101 and ₹214.5.
What is the Return on Equity (ROE) of Ashoka Buildcon Ltd?
Ashoka Buildcon Ltd reported a return on equity of 39.17%. Its debt-to-equity ratio is 0.24.
Company Information
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 and making switchgear concrete).[1]
Website ashokabuildcon.com
CEO Mr. Ashok Motilal Katariya B.E., B.E. (Civil)
Employees 1,401
Listed 2010-10-14
Face Value ₹ 5
Issued Size 28,07,23,217
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/ASHOKA.md for Ashoka Buildcon Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.