Please find enclosed herewith the copy of Press Release in respect of Unaudited Standalone andConsolidated Financial Results for the quarter ended June 30, 2025.
ASHOKA · price
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Ashoka Buildcon reported Q1 FY26 standalone revenue of Rs. 1,339 crore, down 30% year-on-year from Rs. 1,901 crore in Q1 FY25. Despite the revenue dip, EBITDA grew 4% to Rs. 151 crore, with margins expanding sharply to 11.3% from 7.6%, reflecting better cost efficiency. Net profit, however, fell 25% to Rs. 30.6 crore. The company holds a robust order book of Rs. 15,886 crore, with road EPC (49%) and power T&D (31%) being the biggest contributors. New order wins include a Rs. 1,387 crore ITMS contract from Maharashtra's Motor Vehicles Department, a Rs. 569 crore railway project from Central Railway, and Ashoka's first major international project in Guyana worth USD 67.25 million. Credit rating was reaffirmed at AA/A1+, and the BOT toll collection grew 13% YoY to Rs. 362 crore.
The revenue decline is a short-term concern, but margin improvement and a healthy Rs. 15,886 crore order book (about 3x annual revenue) provide earnings visibility. International expansion into Guyana and large new contract wins are positive for future growth, though elevated consolidated debt of Rs. 6,826 crore and pending closure of subsidiary stake sales to Maple Infrastructure Trust are key things for investors to track.