High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Balance Sheet: Strong Balance Sheet.
Profitability: Very strong Profitability. One year profit margin are 33%.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Smart Money: Smart money is losing interest in the stock.
Growth: Declining Revenues! Trailing 12m revenue has fallen by -24.5% in past one year. In past three years, revenues have changed by -6.5%.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock has a weak negative price momentum.
Dividend: Stock hasn't been paying any dividend.
Valuation | |
|---|---|
| Market Cap | 3.38 kCr |
| Price/Earnings (Trailing) | 1.25 |
| Price/Sales (Trailing) | 0.44 |
| EV/EBITDA | 1.02 |
| Price/Free Cashflow | 6.29 |
| MarketCap/EBT | 1.08 |
| Enterprise Value | 4.3 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 7.7 kCr |
| Rev. Growth (Yr) | -27.7% |
| Earnings (TTM) | 2.58 kCr |
| Earnings Growth (Yr) | -67.5% |
Profitability | |
|---|---|
| Operating Margin | 13% |
| EBT Margin | 41% |
| Return on Equity | 39.17% |
| Return on Assets | 19.74% |
| Free Cashflow Yield | 15.91% |
Growth & Returns | |
|---|---|
| Price Change 1W | 0.20% |
| Price Change 1M | -8.3% |
| Price Change 6M | -18.7% |
| Price Change 1Y | -39.8% |
| 3Y Cumulative Return | 7% |
| 5Y Cumulative Return | 2.4% |
| 7Y Cumulative Return | -0.20% |
| 10Y Cumulative Return | 1.8% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | 1.28 kCr |
| Cash Flow from Operations (TTM) | 654.58 Cr |
| Cash Flow from Financing (TTM) | -1.59 kCr |
| Cash & Equivalents | 590.92 Cr |
| Free Cash Flow (TTM) | 537.37 Cr |
| Free Cash Flow/Share (TTM) | 19.14 |
Balance Sheet | |
|---|---|
| Total Assets | 13.05 kCr |
| Total Liabilities | 6.47 kCr |
| Shareholder Equity | 6.58 kCr |
| Current Assets | 6.65 kCr |
| Current Liabilities | 3.07 kCr |
| Net PPE | 307.45 Cr |
| Inventory | 440.4 Cr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.12 |
| Debt/Equity | 0.23 |
| Interest Coverage | 2.44 |
| Interest/Cashflow Ops | 1.72 |
Dividend & Shareholder Returns | |
|---|---|
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Balance Sheet: Strong Balance Sheet.
Profitability: Very strong Profitability. One year profit margin are 33%.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Smart Money: Smart money is losing interest in the stock.
Growth: Declining Revenues! Trailing 12m revenue has fallen by -24.5% in past one year. In past three years, revenues have changed by -6.5%.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock has a weak negative price momentum.
Dividend: Stock hasn't been paying any dividend.
Investor Care | |
|---|---|
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 96.34 |
Financial Health | |
|---|---|
| Current Ratio | 2.17 |
| Debt/Equity | 0.23 |
Technical Indicators | |
|---|---|
| RSI (14d) | 28.02 |
| RSI (5d) | 22.35 |
| RSI (21d) | 33.93 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Sell |
| RSI Signal | Buy |
| RSI5 Signal | Buy |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal | Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
Summary of Ashoka Buildcon's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the earnings call for FY26 held on May 22, 2026, Ashoka Buildcon Limited's management provided a cautious yet optimistic outlook for FY27. The key forward-looking points highlighted were:
Revenue Growth: The company is targeting a revenue growth of 20% in FY27, anticipating execution improvement by 20% compared to FY26.
Order Inflow Guidance: Management projected an order inflow range of INR 8,000 crores to INR 10,000 crores across various sectors, including roads, railways, and power transmission and distribution (T&D).
Execution and Project Pipeline: The company expects road construction to be between 9,000 to 9,500 kilometers in FY27, contributing to a projected increase in its domestic order book.
EBITDA Margin Expectations: The management expects EBITDA margins to range between 9.5% to 10.5%, aiming to reach a double-digit figure.
Government Initiatives: The management highlighted the government's target of about INR 75,000 crores in projects under the BOT toll model for FY27. Additionally, a long-term capital expenditure plan of nearly INR 12 lakh crores to INR 13 lakh crores by 2030 for railways was emphasized.
Capital Expenditure Forecast: The overall budgeted capital expenditure in the road sector for FY27 is projected at approximately INR 2.9 trillion, marking an 8% year-on-year increase.
International Projects: Significant project wins include a construction contract in Saudi Arabia valued at INR 1,800 crores and a contract in Angola worth USD 72 million (INR 690 crores), which expands their international presence.
Monetization Plans: Management is working toward monetizing 6 HAM SPVs with a targeted timeline for completion by June 2026, subject to certain conditions.
These points reflect the management's strategic focus on sustainable growth and improved operational performance in the face of challenging market conditions.
1. Question: "So firstly one clarification, this hotel order of Saudi and the Mumbai Intelligence and Traffic Management System order, where have we recorded that in the order book slide that you have provided?"
Answer: Both orders are executed through Special Purpose Vehicles (SPVs) and will not be reflected in the standalone order book of Ashoka Buildcon Limited. They will only appear in the consolidated financials.
2. Question: "We have seen quite weak execution in FY '26. So how do you see execution and margins in FY '27?"
Answer: We expect execution to improve by 20% next year with a projected revenue growth of 20% as well. The order inflow is anticipated to be between INR 8,000 and INR 10,000 crores. The margin pressures were due to extended project timelines and fixed costs affecting turnover.
3. Question: "What are we guiding for FY '27 margins?"
Answer: For FY '27, we aim for EBITDA margins in the range of 9.5% to 10.5%. This includes adjustments for previous ECL provisions affecting this year's margins but reflects an anticipated rebound in our operational efficiency.
4. Question: "How do you see working capital moving ahead?"
Answer: We believe our working capital cycle, which increased this fiscal, will stabilize back to 110-120 days by post-September. The buildup in receivables is largely transitory and linked to milestone-based projects awaiting approvals.
5. Question: "Can you provide us the guidance with respect to targeted order inflow?"
Answer: We target an order inflow of INR 8,000 to INR 10,000 crores, primarily from roads, railways, and power T&D sectors, both domestically and internationally, with active engagements across various state projects.
6. Question: "What sort of inflows have we had on the book side in terms of cash inflows for the HAM and BOT assets combined?"
Answer: For the HAM projects, we had inflows of approximately INR 1,150 crores, while the BOT assets contributed around INR 1,800 crores. These figure reflect our successful monetization efforts across completed projects.
7. Question: "What is the capex that we did in Q4 and our target for next year?"
Answer: Our total capex for the year was INR 67 crores, with INR 16 crores spent in Q4. For FY '27, we're planning approximately INR 100 crores of capex, which includes expenditures on international projects.
8. Question: "What would be our target debt levels by the end of the financial year?"
Answer: We estimate our working capital debt will be around INR 500-600 crores by March '27, maintaining stability around similar turnover levels. Total consolidated debt is expected to decrease as we monetize assets.
9. Question: "Can you confirm which order books are considered in the SPV?"
Answer: The Saudi Arabia project and the IGR are executed through SPVs and thus not included in Ashoka Buildcon's standalone order book. However, Mithi River is part of our order book as it will be executed by Ashoka directly.
Analysis of Ashoka Buildcon's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Mar 31, 2026
| Description | Share | Value |
|---|---|---|
| Construction & Contract | 81.4% | 1.6 kCr |
| BOT/Annuity Project | 15.3% | 299.4 Cr |
| Sale of Goods | 3.3% | 63.8 Cr |
| Total | 2 kCr |
Understand Ashoka Buildcon ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Shobha Parakh | 13.55% |
| Asha Ashok Katariya . | 7.11% |
| Hdfc Trustee Company Ltd. A/C Hdfc Balanced Advantage Fund | 5.69% |
| Ashok Motilal Katariya . | 5.43% |
| Kotak Mahindra Trustee Co Ltd A/C Kotak Multicap Fund | 5.42% |
| Ashok Motilal Katariya Huf . | 5.18% |
| Ashish Ashok Kataria . | 4.88% |
| Ashish Ashok Katariya (Huf) . | 4.55% |
| Astha Ashish Katariya | 4% |
| Sbi Infrastructure Fund | 2.62% |
| Satish Parakh | 2.1% |
| Shweta Keyur Modi . | 2.06% |
| Satish Dhondulal Parakh (Huf) | 1.92% |
| Ashoka Premises Pvt Ltd | 1.17% |
| Ayush Ashish Kataria | 1.02% |
| Aditya Satish Parakh . | 0.92% |
| Sanjay Prabhakar Londhe | 0.15% |
| Snehal Manjeet Khatri . | 0.15% |
| Lemon Tree Trust - Trustee Satish Dhondulal Parakh | 0.09% |
| Rohan Sanjay Londhe . | 0.05% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of Ashoka Buildcon against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|
Comprehensive comparison against sector averages
ASHOKA metrics compared to Construction
| Category | ASHOKA | Construction |
|---|---|---|
| PE | 1.25 | 22.40 |
| PS | 0.44 | 1.59 |
| Growth | -24.5 % | 5.8 % |
Ashoka Buildcon is a civil construction company based in Nashik, India, with the stock ticker ASHOKA. It boasts a market capitalization of Rs. 5,317.7 Crores.
The company is primarily engaged in the infrastructure development sector, operating through various segments including Construction & Contract Related Activity, Built, Operate and Transfer (BOT), and Sale of Goods. Ashoka Buildcon specializes in constructing infrastructure facilities on both an engineering, procurement, and construction basis, as well as on a built, operate, and transfer basis.
Its projects encompass a wide range of infrastructure, such as highways, bridges, power projects, buildings, city gas distribution projects, water projects, and railways. The company also sells ready mix concrete and real estate properties. Beyond construction, Ashoka Buildcon develops software for educational institutions, distributes gas, and provides consultancy services.
Founded in 1976, Ashoka Buildcon has demonstrated strong financial performance, with a trailing twelve months revenue of Rs. 10,587.9 Crores, and a profit of Rs. 1,536.2 Crores over the past four quarters. The company has experienced significant growth, achieving an impressive 80.4% revenue growth over the past three years.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
ASHOKA vs Construction (2021 - 2026)