Ashoka Buildcon Ltd

₹110.3▼ -2.48%28 Sept

📊 Stock Analysis

Market Data

Market Cap₹3,096.38 Cr.

52W High₹214.35

Current Price₹110.3

52W Low₹101

Down from 52W High48.5 %

Face Value₹5

Performance

ROCE45.61 %

ROE37.4 %

EPS (TTM)₹4.55

EPS Prev Qtr₹5.1

EPS Last Year₹2.78

EBITDA Qtr₹222.11 Cr.

Book Value₹235

Financial Health

Debt/Equity0.23

Debt/Profit0.61

Total Assets₹13,050.146 Cr.

Promoter Holding54.48 %

Earning Power10.6 %

Valuation

Stock P/E1.26

Industry P/E15.605

Price to Book0.47

Price to Sales0.43

Graham Number₹680.27

Key Metrics

Debt/Equity

0.44

__derived

Face Value

₹5

Interest Coverage

3.5

About Ashoka Buildcon Ltd

Construction · Infrastructure Developers & Operators

Ashoka Buildcon Ltd is listed on NSE in the Construction / Infrastructure Developers & Operators sector. Face value ₹5. Market cap ₹3,096.38 Cr.

Price Chart

Strengths & Weaknesses

Strengths

The company has a high ROCE of 45.61%, indicating efficient use of capital.
ROE is strong at 37.63%, reflecting profitability relative to shareholder equity.
The Debt to Equity ratio of 0.23 suggests a conservative capital structure with low financial leverage.
Interest Coverage of 3.5 shows the company can comfortably meet its interest obligations.

Weaknesses

The P/E ratio of 1.3 is extremely low, potentially indicating the market expects earnings decline or has concerns about growth prospects.
The P/B ratio of 0.49 is below 1, which may suggest the market values the company below its book value.

Peer Comparison

Name	CMP	P/E	Market Cap	Div Yield	NP Qtr	Qtr Profit Var%	Sales Qtr	Qtr Sales Var%	ROCE%	Debt/Eq
Larsen & Toubro Ltd	-	31.26	₹5,18,649.9 Cr	1.01%	₹19,816.7 Cr	-	₹2,90,137.13 Cr	-	17.79%	0.9
Rail Vikas Nigam Ltd	-	47.1	₹42,325.91 Cr	0.84%	₹895.84 Cr	-	₹20,824.58 Cr	-	11.15%	0.49
ACME Solar Holdings Ltd	-	44.79	₹30,996.44 Cr	0.05%	₹602.42 Cr	-	₹2,369.89 Cr	-	13.85%	2.31
Kalpataru Projects International Ltd	-	20.68	₹23,505.99 Cr	0.8%	₹1,128.57 Cr	-	₹27,379.86 Cr	-	17.7%	0.43
Cemindia Projects Ltd	-	34.91	₹21,001.03 Cr	0.25%	₹601.58 Cr	-	₹10,205.1 Cr	-	31.39%	0.4
IRB Infrastructure Developers Ltd	-	19.06	₹20,713.77 Cr	1.52%	₹954.14 Cr	-	₹7,686.46 Cr	-	7.59%	0.96
Engineers India Ltd	-	22.46	₹17,608.79 Cr	1.6%	₹809.7 Cr	-	₹3,877.66 Cr	-	32.71%	0
Juniper Green Energy Ltd	-	-	₹15,357.27 Cr	-	-	-	-	-	-	3.77
Va Tech Wabag Ltd	-	28.68	₹12,334.09 Cr	0.25%	₹394.2 Cr	-	₹4,097 Cr	-	21.17%	0.09
Techno Electric & Engineering Company Ltd	-	26.48	₹11,414.22 Cr	0.71%	₹431.07 Cr	-	₹3,356.01 Cr	-	13.67%	0.02
KEC International Ltd	-	18.77	₹10,392.45 Cr	1.41%	₹553.62 Cr	-	₹23,506.2 Cr	-	12.4%	0.83
Welspun Enterprises Ltd	-	33.2	₹10,379.65 Cr	0.4%	₹347.97 Cr	-	₹3,544.05 Cr	-	15.17%	0.71
Ircon International Ltd	-	18.55	₹9,715.53 Cr	1.84%	₹519.85 Cr	-	₹9,240.6 Cr	-	8.65%	0.85
Afcons Infrastructure Ltd	-	64.4	₹9,213.01 Cr	0.8%	₹143.64 Cr	-	₹11,249 Cr	-	10.45%	0.65
NCC Ltd	-	11.7	₹8,180.84 Cr	1.69%	₹748.22 Cr	-	₹21,455.84 Cr	-	15.67%	0.44
GMR Power & Urban Infra Ltd	-	12.67	₹7,972.63 Cr	-	₹585.49 Cr	-	₹7,388.59 Cr	-	17.69%	6.66
G R Infraprojects Ltd	-	7.63	₹7,750.03 Cr	0.31%	₹1,015.96 Cr	-	₹9,194.94 Cr	-	13.43%	0.52
Power Mech Projects Ltd	-	17.93	₹7,462.08 Cr	0.06%	₹420.47 Cr	-	₹6,391.84 Cr	-	22.93%	0.33
Dilip Buildcon Ltd	-	5.17	₹6,609.88 Cr	0.25%	₹1,254.79 Cr	-	₹8,741.38 Cr	-	16.39%	1.18
Ceigall India Ltd	-	20.51	₹6,591.91 Cr	0.13%	₹321.33 Cr	-	₹4,153.86 Cr	-	18.82%	0.76

Quarterly Results

📊 Jun 2026: Revenue fell 20.5% YoY, Profit fell 44.0% YoY

	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	1,887.07	1,851.18	1,827.33	1,954.3	1,499.61
↳ QoQ Growth	-	-1.9%	-1.3%	+6.9%	-23.3%
Expenses	1,326.38	1,306.41	1,433.65	1,731.74	1,277.5
Operating Profit	560.69	544.77	393.69	222.56	222.11
OPM %	29.71%	29.43%	21.54%	11.39%	14.81%
Other Income	49.94	56.7	39.01	38.03	34.11
Interest	311.33	317.98	200.22	82.42	83.36
Depreciation	37.96	40.18	41.6	40.89	35.78
EBITDA	598.65	584.95	435.29	263.45	257.89
EBITDA Margin %	31.72%	31.6%	23.82%	13.48%	17.2%
Profit Before Tax	299.57	64.24	2,609.01	159.53	172.8
Tax %	24.26%	-41.19%	19.07%	7.97%	26.4%
Net Profit	226.89	90.7	2,111.41	146.81	127.17
↳ QoQ Growth	-	-60.0%	+2227.9%	-93.0%	-13.4%
EPS	7.74	2.78	75.21	5.1	4.55

Profit & Loss

	Mar 2026	TTM
Sales	7519.88	7132.42
Expenses	5798.18	5749.3
Operating Profit	1721.71	1383.13
OPM %	22.9%	19.39%
Other Income	183.68	167.85
Interest	911.95	683.98
Depreciation	160.63	158.45
Profit Before Tax	3132.35	3005.58
Tax %	17.77%	17.62%
Net Profit	2575.81	2476.09
EPS	90.83	87.64

Compounded Sales Growth

10Y

TTM

Compounded Profit Growth

10Y

TTM

Stock Price CAGR

10Y

-41.22%

Return on Equity

10Y

Last Year

37.63%

Balance Sheet

	Mar 2025	Mar 2026
Equity Capital	140.36	140.3616
Reserves	3774.89	6438.918
Borrowings	1987.72	1510.6
Other Liabilities	14866.65	4960.27
Total Liabilities	20769.62	13050.146
Fixed Assets	403.57	1099.7917
CWIP	52.81	53.7118
Investments	220.87	502.43
Other Assets	20092.37	11394.21
Total Assets	20769.62	13050.146

Cash Flows

	Mar 2025	Mar 2026
Cash from Operating Activity	1673.4528	654.5828
Cash from Investing Activity	-625.9797	1276.2887
Cash from Financing Activity	-1051.7921	-1590.0482
Net Cash Flow	-4.319	340.8233

Ratios

	Mar 2026
Debtor Days	-
Inventory Days	-
Days Payable	-
Cash Conversion Cycle	-
Working Capital Days	560.11
ROCE %	14.92%

Shareholding Pattern

	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters %	54.48%	54.48%	54.48%	54.48%
FIIs %	7.45%	7.46%	5.9%	4.39%
DIIs %	14.06%	14.45%	14.39%	14.02%
Public %	21.17%	20.53%	22.13%	23.76%
No. of Shareholders	1,99,256	1,95,012	1,96,709	2,01,522