Ashoka Buildcon Ltd
NSE: ASHOKA · Civil Construction · sector
₹98.56NSE close 2026-10-26
Key numbers
Market cap₹2,767 cr
Price₹98.56
52w high / low₹214 / ₹99
P/E1.1xSector median 12.2x
P/B0.4xSector median 1.3x
Book value₹234.4
Dividend yield–Sector median 0.76%
ROE46.8%Sector median 10.2%
ROCE45.7%Sector median 12.9%
OPM51.7%Sector median 10.7%
Debt / equity0.23xSector median 0.36x
EV/EBITDA1.0xSector median 8.8x
Interest cover5.4x
Current ratio2.17x
Sales growth 3y-2.5%Sector median +6.7%
Profit growth 3y+90.1%Sector median +5.8%
PEG0.01x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 119 companies in Civil Construction (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹674 cr vs borrowings ₹1,511 cr (FY26): borrowings are higher by ₹836 cr.
- Operating profit covered interest 5.4x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY25, FY22).
- Revenue was higher than a year earlier in 0 of the last 4 quarters.
- Other income was 7% of net profit in the last 12 months.
- Debtor days went from 39 (FY24) to 78 (FY26).
- No dividend in the last 5 financial years.
- Price ₹98.56 on 2026-10-26: -54.1% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹305.40 · low ₹98.56
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,489 | 2,388 | 2,694 | 1,887 | 1,851 | 1,827 | 1,954 | 1,500 |
| EBITDA | 905 | 639 | 777 | 599 | 366 | 2,812 | 250 | 258 |
| OPM % | 36.4% | 26.8% | 28.8% | 31.7% | 19.8% | 153.9% | 12.8% | 17.2% |
| Other income | 40 | 38 | 61 | 50 | 57 | 39 | 38 | 34 |
| Net profit | 457 | 655 | 432 | 227 | 78 | 2,111 | 143 | 123 |
| EPS (₹) | 16.28 | 23.32 | 15.40 | 7.74 | 2.78 | 75.21 | 10.61 | 4.55 |
| Revenue YoY | -25.6% | -23.5% | -27.5% | -20.5% | ||||
| Profit YoY | -82.9% | +222.6% | -66.9% | -45.6% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 5,946 | 8,100 | 9,798 | 10,037 | 7,520 | 7,132 |
| EBITDA | 2,062 | 1,897 | 2,358 | 2,920 | 4,026 | 3,685 |
| Net profit | 779 | 371 | 503 | 1,694 | 2,550 | 2,456 |
| EPS (₹) | 27.73 | 13.23 | 17.92 | 60.35 | 116.21 | 93.15 |
| Revenue growth | +36.2% | +21.0% | +2.4% | -25.1% | -24.6% | |
| Profit growth | -52.3% | +35.5% | +236.7% | +50.5% | +38.7% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -2.4% | +8.5% | -24.6% |
| Net profit | +90.1% | +56.0% | +38.7% |
| EPS | +106.3% | +63.9% | – |
| Share price | – | -34.6% (2y) | -47.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,755 | 2,220 | 3,915 | 6,579 |
| Borrowings | – | 1,906 | 5,443 | 3,855 | 1,511 |
| Cash & equivalents | – | 526 | 917 | 586 | 674 |
| Total assets | – | 17,145 | 19,124 | 20,770 | 13,050 |
| Fixed assets | – | 287 | 336 | 324 | 307 |
| Capital work in progress | – | 62 | 39 | 53 | 54 |
| Investments | – | 32 | 12 | 12 | 0 |
| Receivables | – | 910 | 1,058 | 1,212 | 1,610 |
| Inventory | – | 561 | 699 | 539 | 440 |
| Payables | – | 1,061 | 1,573 | 988 | 926 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 353 | 492 | 767 | 1,692 | 655 |
| Cash from investing | -233 | -264 | 234 | -660 | 1,276 |
| Cash from financing | -35 | -311 | -407 | -1,014 | -1,590 |
| Capex | 145 | 179 | 146 | 156 | 117 |
| Free cash flow | 208 | 313 | 621 | 1,536 | 537 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 21.2% | 22.7% | 43.3% | 38.8% |
| ROCE % | – | 46.2% | 28.7% | 36.0% | 50.1% |
| Debtor days | – | 41 | 39 | 44 | 78 |
| Inventory days | – | 77 | 71 | 66 | 86 |
| Payable days | – | 145 | 160 | 121 | 180 |
| Cash conversion cycle (days) | – | -27 | -50 | -11 | -16 |
| Working capital days | – | 18 | -20 | 25 | 174 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 54.48% |
| FIIs | 4.18% |
| DIIs | 12.75% |
| of which Mutual funds | 12.75% |
| Government | 0.00% |
| Public (non-institutions) | 28.59% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 54.48% | 54.48% | 54.48% | 54.48% | 54.48% | 54.48% | 54.48% | 54.48% |
| Promoter group | % |
|---|---|
| Shobha Parakh | 13.55% |
| Asha Ashok Katariya . | 7.11% |
| Ashok Motilal Katariya . | 5.43% |
| Ashok Motilal Katariya Huf . | 5.18% |
| Ashish Ashok Kataria . | 4.88% |
| Ashish Ashok Katariya (Huf) . | 4.55% |
| Astha Ashish Katariya | 4.00% |
| Satish Parakh | 2.10% |
| 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% |
| Snehal Manjeet Khatri . | 0.15% |
| Sanjay Prabhakar Londhe | 0.15% |
| Public holders above 1% | % |
|---|---|
| Hdfc Trustee Company Ltd. A/C Hdfc Balanced Advantage Fund | 5.64% |
| Kotak Mahindra Trustee Co Ltd A/C Kotak Multicap Fund | 4.33% |
| Sbi Infrastructure Fund | 2.62% |
2,04,039 shareholders. Pledged: 0.00% of promoter shares.
Peers in Civil Construction
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LT | ₹5,06,276 cr | 30.5x | 4.6x | 16.7% | 12.8% | 9.4% | +22.2% | 0.92% |
| RVNL | ₹38,083 cr | 42.4x | 3.9x | 9.3% | 10.5% | 4.3% | +0.2% | 1.51% |
| KPIL | ₹22,134 cr | 19.5x | 2.8x | 15.9% | 17.7% | 8.4% | +18.4% | 0.69% |
| IRB | ₹19,639 cr | 20.6x | 0.9x | 4.7% | 7.6% | 53.9% | +6.1% | 0.65% |
| CEMPRO | ₹19,444 cr | 32.3x | 8.1x | 28.4% | 32.3% | 10.4% | +25.5% | 0.18% |
| NBCC | ₹18,536 cr | 25.1x | 6.1x | 27.0% | 33.9% | 5.8% | +13.8% | 1.08% |
| ENGINERSIN | ₹13,725 cr | 17.5x | 4.4x | 27.0% | 28.8% | 19.4% | +5.7% | 1.84% |
| TECHNOE | ₹9,612 cr | 22.3x | 2.3x | 10.9% | 13.7% | 14.0% | +57.7% | 1.09% |
| IRCON | ₹9,177 cr | 17.5x | 1.4x | 8.1% | 8.2% | 8.3% | -4.4% | 2.25% |
| ASHOKA | ₹2,767 cr | 1.1x | 0.4x | 46.8% | 45.7% | 51.7% | -2.5% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Construction & Contract | ₹5,300 cr | 70.5% | ₹245 cr | 4.6% |
| BOT/Annuity Project | ₹1,984 cr | 26.4% | ₹708 cr | 35.7% |
| Sale of Goods | ₹235 cr | 3.1% | ₹13 cr | 5.6% |
| Assets Held for Sale | ₹0 cr | – | ₹0 cr | – |
| Liabilities Held for Sale | ₹0 cr | – | ₹0 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-20 | Other | Annual General Meeting |
| 2023-09-21 | Other | Annual General Meeting |
| 2022-09-14 | Other | Annual General Meeting |
| 2021-09-06 | Other | Annual General Meeting |
| 2020-08-31 | Other | Annual General Meeting |
| 2019-09-06 | Other | Annual General Meeting |
| 2018-09-12 | Other | Annual General Meeting |
| 2018-07-12 | Bonus | Bonus 1:2 |
| 2018-03-27 | Dividend | Interim Dividend - Re 0.80 Per Share (Purpose Revised) |
| 2017-09-21 | Dividend | Annual General Meeting/Dividend-Re 0.80 Per Share |
| 2017-02-02 | Dividend | Interim Dividend Rs 0.80/- Per Share |
| 2016-07-28 | Other | Annual General Meeting |
| 2016-03-16 | Dividend | Interim Dividend - Re 0.80/- Per Share |
| 2016-02-03 | Dividend | Interim Dividend - Re 0.70/- Per Share |
| 2015-08-28 | Dividend | Annual General Meeting/ Dividend - Re 0.70/- Per Share |
| 2015-02-10 | Dividend | Interim Dividend - Re 0.70/- Per Share |
| 2014-08-12 | Dividend | Annual Geeneral Meeting / Final Dividend - Re 0.80/- Per Share |
| 2014-02-18 | Dividend | Interim Dividend Re 0.70/- Per Share |
| 2013-07-03 | Split | Bonus 1:2 And Face Value Split Rs.10/- To Rs.5/- |
| 2013-05-23 | Dividend | Annual General Meeting/Dividend Rs 2 Per Share |
Documents
- Annual report FY26
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Construction: Engineering Procurement Construction for Roads, Railways, Power T&D, Smart Infra
| Sector | Industrials |
| Industry | Civil Construction |
| Sub-industry | Civil Construction |
| Symbol | ASHOKA |
| BSE code | 533271 |
| ISIN | INE442H01029 |
| Face value | ₹5.0 |
| Incorporated | 1993-05-13 |
| Website | www.ashokabuildcon.com |
| Plants (India / abroad) | 104 / 4 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.