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NSE:ASHOKA

ASHOKA BUILDCON LTD

Construction › Construction·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
113.09
at close · 21 Sept 2026
1.10 (-0.96%)
ThemesRailways· growingSolar Energy· growing

Latest filings

  1. Sale of 6 remaining road SPVs extended; TS-1 to TS-3 by October 31, 2026 · Strategic Transactions
  2. Newspaper ad published for 33rd AGM on September 25, 2026 · Compliance
  3. Ashoka Buildcon book closure Sep 19-25 for 33rd AGM · Corporate Actions
  4. Ashoka Buildcon submits BRSR for FY26 under SEBI LODR rules · Compliance
  5. Annual Report FY25-26 and AGM notice filed; 33rd AGM on Sep 25, 2026 · Compliance
  6. Ashoka Buildcon 33rd AGM on Sep 25, 2026 with 7 resolutions · Board & Shareholder Meetings
  7. Ashoka Buildcon 33rd AGM notice published, meeting on September 25 2026 · Compliance
  8. Ashoka Buildcon wins Rs 602 Cr LOA from RVNL for rail tunnel E and M project · Business Updates
  9. Ashoka Buildcon Q1 FY27 earnings call transcript; revenue growth guidance cut to 10-15% · Investor Communications
  10. Ashoka Buildcon wins LoI for 400/220/132 kV AIS Sakoli power project from REC · Business Updates
  11. Ashoka Buildcon publishes Q1 FY27 results in newspapers · Compliance
  12. Q1 FY27 Earnings Call Audio Recording Uploaded · Investor Communications
  13. Ashoka Buildcon Q1 FY27: Revenue flat, EBITDA down 17%, margins shrink · Investor Communications
  14. Ashoka Buildcon Q1 FY27: PAT up 3 percent, order book Rs 15,251 Cr, EBITDA down 17 percent · Compliance
  15. Ashoka Buildcon Q1FY27: Consol Revenue Falls 20%, Two Directors Made JMDs · Results
  16. Ashoka Buildcon Q1 FY27 results: revenue and profit decline YoY · Results
  17. Ashoka Buildcon Q1 FY27 results: revenue dips, two directors elevated to JMD · Results
  18. Ashoka Buildcon Q1 FY27 earnings call on Aug 12, 2026 · Board & Shareholder Meetings
  19. Board Meeting on Aug 11 to Consider Q1 FY27 Results · Board & Shareholder Meetings
  20. Extension of timeline for sale of 6 subsidiary road SPVs · Strategic Transactions
  21. Ashoka Buildcon issues Rs 100 Crore Commercial Papers at 7.20% · Fund Raising
  22. New SPV incorporated for Gems and Jewellery Park project in Raipur · Business Updates
  23. Ashoka Buildcon redeems Rs 100 Crore Commercial Papers at maturity · Credit & Debt
  24. Settlement with NHAI: pays Rs.1.04 crore to close show cause proceedings · Compliance
  25. Ashoka Buildcon settles NHAI show cause notice for Rs 1.04 crore · Regulatory & Legal
  26. Ashoka Buildcon issues Rs 100 Crore Commercial Papers at 7.20% · Fund Raising
  27. Ashoka Buildcon issues Rs 100 Crore Commercial Papers at 7.20% · Fund Raising
  28. Ashoka Buildcon redeems Rs 100 Crore Commercial Papers on maturity · Credit & Debt
  29. Ashoka Buildcon redeems Rs 100 Crore Commercial Papers on maturity · Credit & Debt
  30. Extension of deadline for sale of remaining 6 subsidiary SPVs to EAAA India · Strategic Transactions
  31. Extension of completion date for sale of 6 subsidiary road SPVs · Strategic Transactions
  32. Trading Window closure from July 01, 2026 until Q1 FY27 results · Compliance
  33. Trading window closed from July 1 for Q1 results · Compliance
  34. Ashoka Buildcon wins Guyana highway contract worth USD 35.42 million · Business Updates
  35. Ashoka Buildcon wins USD 35.42 million highway project in Guyana · Business Updates
  36. Ashoka Buildcon Limited has informed the Exchange about Transcript · Investor Communications
  37. Please find enclosed herewith the Copy of Transcript of the Earnings Call held on 22 May 2026 in respect of audited Standalone and Consolidated Financial Results for the quarter and year .... · Investor Communications
  38. Please find enclosed Secretarial Compliance Report under Regulation 24A of the SEBI (LODR) Regulation 2015 for the year ended March 31, 2026. · Compliance
  39. Ashoka Buildcon Limited has informed the Exchange about Copy of Newspaper Publication · Compliance
  40. We hereby enclose copies of newspaper advertisement regarding audited standalone and consolidated financial results of the Company for the quarter for the quarter and year ended March 31, .... · Compliance
  41. Ashoka Buildcon Limited has informed the Exchange about Audio Recording of the Result Update / Earnings Call · Investor Communications
  42. We have uploaded the Audio recording of the Result Update / Earnings Call held on May 22, 2026 in respect of audited Standalone and Consolidated financial results for the quarter and year .... · Investor Communications
  43. PFA copy of result update presentation for the year ended March 31, 2026 on standalone and consolidated financial statements. · Investor Communications
  44. Copy of Press Release in respect of audited standalone and consolidated financial statements is submitted · Compliance
  45. Ashoka Buildcon Limited has informed the Exchange about Investor Presentation · Investor Communications
  46. Ashoka Buildcon Limited has informed the Exchange regarding a press release dated May 22, 2026, titled "Press Release in respect of Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. ". · Compliance
  47. Declaration for the Audit Report with un-modifies opinion for FY ended 31 March 2026 · Compliance
  48. Ashoka Buildcon Limited has informed the Exchange about unmodified opinion of standalone and standalone financial results for the year ended March 31, 2026 · Results
  49. The Audited Standalone and Consolidated Financial Results with Audit Reports for year ended 31 March 2026. · Results
  50. Pursuant to Reg. 30, 33, 52 of the SEBI (LODR) Regulations, 2015, outcome of meeting of the Board of Directors on Thursday, May 21, 2026, which was concluded at 09.45 p.m. is as follows. .... · Results
All filings ↓
Ask Nexa about ASHOKA BUILDCON LTD

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

EPC contractor for roads, railways, power transmission and distribution, buildings and bridges in India, with three reported segments for FY26. The Construction & Contract segment is the largest by revenue, executing infrastructure projects under contract for government agencies such as NHAI, MoRTH and state road authorities. The BOT/Annuity Projects segment builds toll road assets and earns from toll collections or annuity payments from NHAI over the concession period. The Sale of Goods segment sells construction-related materials. The order book stood at ₹15,312 crore as of March 31, 2026, split across roads and railways (66%), power T&D (30%) and buildings (3.7%). It is selling down its portfolio of hybrid annuity and BOT road SPVs — six remaining assets are targeted for ₹750+ crore by June 2026 and ₹400 crore by December 2026, to reduce consolidated debt. Materials at 24.9% of revenue are the largest physical input cost, while other opex at 44.5% is the biggest cost category overall.

Operating scale
Order book
₹15,312 cras of March 31, 2026
Order book mix
Roads & railways 66%, Power T&D 30%, Buildings 3.7%March 31, 2026
HAM/BOT SPVs monetised in FY26
10 projects
Remaining HAM/BOT SPVs for sale
6 (₹750+ cr by June 2026; ₹400 cr by December 2026)
International order wins
Saudi Arabia hotel ₹900 cr, Angola T&D ₹690 cr, Liberia road ₹430 cr, Guyana highway USD 35.42 mn
Bid pipeline
>₹1 lakh cr
Who pays it
Government infrastructure agencies — NHAI, MoRTH, state road and railway authorities, plus overseas clients
Biggest cost
Materials at 24.9% of revenue is the largest physical input cost; other opex at 44.5% is the biggest cost category
Kind of business
Asset-heavy EPC contractor with ownership of road BOT and HAM assets
Where it sits
Indian civil construction company with EPC capabilities across roads, railways, power T&D and buildings, expanding into international markets
Market Cap
₹3,175 Cr
P / E (TTM)
1.2×
EV / EBITDA
1.1×
Div Yield
Growth
8.5%
Revenue 5y CAGR
PAT +56.6% · EBITDA +20.4%
Quality
17.0%
ROCE (5y median)
ROE 39.2% · margin 56.0%
Leverage
0.23·
Debt / Equity · low
Net debt ₹920 Cr
Revenue FY21→FY26
1.5×
Margin +28.8 pts
₹4,992 Cr → ₹7,520 Cr
Cash conversion
0.66×·
Operating cash ÷ profit · 5 yrs
₹3,958 Cr on ₹5,975 Cr
Moves on a normal day
1.31%·
Median daily move
Last 268 sessions · filing days run larger
Where it sits among 110 Civil Construction peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#5/108
P/B#7/87
ROCE#8/109
ROE#5/91
Debt / Equity#32/91
EBITDA margin#21/88
Revenue growth#73/86
Profit growth#61/84

Scorecard

Measured from the filed financials, judged against its Civil Construction peers · as of FY26 — not investment advice

Strengths
Profit compounding 57% a year over 5 years
Returns on capital 17.0% (5-year median)
#8 of 109 in Civil Construction on the latest reported figures · up from 14.1% in FY21
Debt at 0.23× equity
lower than 66% of its 91 Civil Construction peers
Concerns
Nothing flagged in the filed numbers.

Charts

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Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from ASHOKA BUILDCON LTD's filed financials and exchange disclosures

What does ASHOKA BUILDCON LTD do?

ASHOKA BUILDCON LTD is a Construction company listed on NSE and BSE, trading under the symbol ASHOKA.

Is ASHOKA BUILDCON LTD profitable?

Yes. Over the trailing twelve months ASHOKA BUILDCON LTD reported a net profit of ₹2,476 Cr on revenue of ₹7,132 Cr.

Does ASHOKA BUILDCON LTD pay a dividend?

Not in the latest reported year — ASHOKA BUILDCON LTD's dividend payout for FY26 was nil.

Is ASHOKA BUILDCON LTD debt-free?

No. Debt stands at 0.23× equity, and it carries net debt of ₹920 Cr. That is lower than 66% of its 91 Civil Construction peers.

Is ASHOKA BUILDCON LTD expensive compared with its peers?

On trailing P/E, ASHOKA BUILDCON LTD ranks 5 of 108 in Civil Construction — cheaper than 96% of them, against an industry median of 14.7×. This is a position, not a valuation judgement.

How much does the ASHOKA BUILDCON LTD share price move in a day?

On a typical session ASHOKA BUILDCON LTD moves 1.31% — that is the median absolute close-to-close move across its last 268 trading days. Announcement days are routinely larger.

Where can I track ASHOKA BUILDCON LTD's announcements?

Every NSE and BSE filing by ASHOKA BUILDCON LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.