Ashoka Buildcon Ltd
ASHOKAAshoka Buildcon Ltd
ASHOKAPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
AvgCan be considered moderately valued vs the market
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
10.71 | 2.62 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
49.26 | 6.84 | 0.57% |
Forecast & Ratings
Detailed Forecast from 8 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Ashoka Buildcon Limited is a infrastructure development company. The Company is engaged in construction and maintenance of roads, and supporting services to land support-operation of toll roads and others.
Peers
Compare with peersLarsen and Toubro Ltd
GMR Airports Ltd
IRB Infrastructure Developers Ltd
KEC International Ltd
NBCC (India) Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 2,906.04 | 3,054.33 | 3,711.80 | 5,007.22 | 5,163.86 | 5,139.32 | 6,484.11 | 8,236.79 | 10,112.21 | 10,634.19 | ||||||||||
Raw Materials | 884.29 | 597.13 | 832.45 | 1,508.32 | 1,159.36 | 1,290.90 | 1,520.38 | 2,662.27 | 3,591.96 | 7,970.26 | ||||||||||
Power & Fuel Cost | 55.81 | 72.11 | 110.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||
Employee Cost | 95.89 | 118.20 | 141.09 | 188.39 | 293.30 | 321.04 | 354.14 | 387.82 | 438.68 | |||||||||||
Selling & Administrative Expenses | 80.29 | 112.08 | 75.88 | 76.65 | 87.50 | 76.36 | 91.08 | 116.85 | 144.01 | |||||||||||
Operating & Other expenses | 847.38 | 1,137.81 | 1,302.06 | 1,823.67 | 1,955.12 | 1,767.90 | 2,244.33 | 3,036.76 | 3,390.57 | |||||||||||
EBITDA | 942.38 | 1,017.00 | 1,250.29 | 1,410.19 | 1,668.58 | 1,683.12 | 2,274.18 | 2,033.09 | 2,546.99 | 2,663.93 | ||||||||||
Depreciation/Amortization | 269.05 | 264.01 | 291.43 | 258.23 | 299.78 | 275.87 | 338.23 | 341.08 | 366.63 | 364.24 | ||||||||||
PBIT | 673.33 | 752.99 | 958.86 | 1,151.96 | 1,368.80 | 1,407.25 | 1,935.95 | 1,692.01 | 2,180.36 | 2,299.69 | ||||||||||
Interest & Other Items | 799.60 | 907.80 | 993.81 | 1,021.34 | 1,042.56 | 969.60 | 1,003.75 | 1,103.83 | 1,310.39 | 1,299.75 | ||||||||||
PBT | -126.27 | -154.81 | -34.95 | 130.62 | 326.24 | 437.65 | 932.20 | 588.18 | 869.97 | 999.94 | ||||||||||
Taxes & Other Items | -40.91 | 50.47 | 76.19 | 164.08 | 160.91 | 161.43 | 153.64 | 295.76 | 366.89 | 391.43 | ||||||||||
Net Income | -85.36 | -205.28 | -111.14 | -33.46 | 165.33 | 276.22 | 778.56 | 292.42 | 503.08 | 608.51 | ||||||||||
EPS | -3.29 | -7.31 | -3.96 | -1.19 | 5.89 | 9.84 | 27.73 | 10.42 | 17.92 | 21.68 | ||||||||||
DPS | 1.00 | 1.07 | 0.53 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
Payout ratio | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Investor Presentation
Peers & Comparison
IndustrialsConstruction & Engineering
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Ashoka Buildcon Ltd | 12.95 | 2.62 | — |
Larsen and Toubro Ltd | 38.21 | 4.87 | 0.94% |
GMR Airports Ltd | -150.08 | -98.60 | — |
IRB Infrastructure Developers Ltd | 50.98 | 2.25 | 0.59% |
Price Comparison
Compare ASHOKA with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Ashoka Buildcon Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HDFC Balanced Advantage Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 5.3699% | Percentage of the fund’s portfolio invested in the stock 0.37% | Change in the portfolio weight of the stock over the last 3 months -0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 38/299 (-1) |
Kotak Multicap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.5385% | Percentage of the fund’s portfolio invested in the stock 1.58% | Change in the portfolio weight of the stock over the last 3 months -0.14% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 51/71 (-3) |
SBI FUNDS MANAGEMENT PVT LTD#SBI MF-SBI INFRASTRUCTURE FUND DIRECT PL GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.6290% | Percentage of the fund’s portfolio invested in the stock 2.17% | Change in the portfolio weight of the stock over the last 3 months -0.37% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 14/54 (-4) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
ASHOKA has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateMar 27, 2018
Dividend/Share
₹0.80
Ex DateEx Date
Mar 27, 2018
Cash Dividend
Ex DateEx DateSep 21, 2017
Dividend/Share
₹0.80
Ex DateEx Date
Sep 21, 2017
Cash Dividend
Ex DateEx DateFeb 2, 2017
Dividend/Share
₹0.80
Ex DateEx Date
Feb 2, 2017
Cash Dividend
Ex DateEx DateMar 16, 2016
Dividend/Share
₹0.80
Ex DateEx Date
Mar 16, 2016
Cash Dividend
Ex DateEx DateFeb 3, 2016
Dividend/Share
₹0.70
Ex DateEx Date
Feb 3, 2016
Ashoka Buildcon will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live
The key equity benchmarks traded with minor losses in morning trade. The Nifty traded below the 25,050 mark. Media shares declined after advancing in the past trading session. At 10:30 ST, the barometer index, the S&P BSE Sensex, was down 62.25 points or 0.08% to 81,767.12. The Nifty 50 index shed 16 points or 0.06% to 25,041.35. In the broader market, the S&P BSE Mid-Cap index shed 0.03% and the S&P BSE Small-Cap index rose 0.02%. The market breadth was strong. On the BSE, 1,924 shares rose and 1,292 shares fell. A total of 137 shares were unchanged. Result Today Bajaj Auto (down 0.52%), L&T Technology Services (up 0.50%), Aditya Birla Money (up 2.51%), South Indian Bank (up 1.38%), CRISIL (down 0.87%), Accelya Solutions India (down 0.12%), Himadri Speciality Chemical (up 0.14%), Mphasis (down 0.22%), Pasari Spinning Mills (up 0.48%), Pondy Oxides & Chemicals (down 0.35%), Rajnish Wellness (up 7.64%), Shah Metacorp (up 1.26%), Tips Music (down 3.04%) and Vivid Mercantile (down 3.57%) will announced their quarterly earnings later today. Buzzing Index: The Nifty Media index fell 1.21% to 2,044.25. The index rose 0.62% in the past trading session. Network 18 Media & Investments (down 2.4%), Saregama India (down 1.53%), Tips Music (down 1.13%), PVR Inox (down 1.11%) and Hathway Cable & Datacom (down 0.97%), Nazara Technologies (down 0.26%), Zee Entertainment Enterprises (down 0.26%), Dish TV India (down 0.22%), Sun TV Network (down 0.13%) declined. Stocks in Spotlight: Ashoka Buildcon rallied 2.18% after the civil construction company received letter of acceptance (LoA) for projects totalling to Rs 1,126.58 crore from the Brihanmumbai Municipal Corporation (BMC). RailTel Corporation of India surged 8.06% after the company informed that it has received work order from Maharashtra Housing And Area Development Authority (MHADA) amounting to Rs 79.84 crore. Powered by Capital Market - Live
The project includes construction of flyover arm1, arm-2 at T Junction on Sion Panvel Highway, Maharashtra Nagar in M/E ward. The accepted bid price for the project is Rs 1,126.58 crore and it will be executed within 30 months. Ashoka Buildcon is engaged in construction & maintenance of roads and supporting services to land support-operation of toll roads. The company has reported a standalone net profit of Rs 40.8 crore in Q1 FY25, which is significantly higher as compared with Rs 16.4 crore in Q1 FY24. Total income jumped 22% YoY to Rs 1,900.8 crore during the period under review. Powered by Capital Market - Live
Ashoka Buildcon has received the letter of acceptance from Brihanmumbai Municipal Corporation for the construction of Flyover Arm1 Arm-2 at T Junction on Sion Panvel Highway Maharashtra Nagar in M/E Ward. The accepted Bid Price for the Project is Rs.1,126.58 crore, including taxes. Powered by Capital Market - Live
Ashoka Buildcon has received a letter of acceptance from Maharashtra State Road Development Corp. (MSRDCL) for construction of Major Bridge across Bankot Creek between Kolmandla, District Raigad to Veshvi on Revas Reddi Costal Highway (SH (special) No. 5 in Ratnagiri District on EPC Mode in state of Maharashtra'. The company bid project cost is Rs 310 crore. Powered by Capital Market - Live
Ashoka Buildcon has received letter of acceptance for two projects from Maharashtra State Road Development Corp. (MSRDCL). The accepted bid price for the projects is Rs.1,999.99 crore, excl. GST. The project include: 1. Construction of Major Bridge across Jaigad Creek between Tawsal and Jaigad on Revas Reddi Coastal Highway (SH (special) No. 5 in Ratnagiri District on EPC Mode in state of Maharashtra (Project bid price Rs 715.99 crore). 2. Construction of Major Bridge across Kundalika Creek between Revdanda to Salav on Revas Reddi Coastal Highway (SH (Special) No. 5 in Ratnagiri District in the State of Maharashtra (Project bid price Rs 1284 crore). Powered by Capital Market - Live
In a regulatory filing made during market hours today, the company informed that it had submitted bid for the Project to Brihanmumbai Municipal Corporation (BMC). Further to apprise that the company has been declared as the lowest bidder (L-1) for the said project. The quoted bid price for the project is Rs 918 crore. The project involves constructing a flyover at the T-junction on the Sion-Panvel Highway in Mumbai's M/E Ward. The project has to be executed within a period of 30 months. Ashoka Buildcon is engaged in construction & maintenance of roads and supporting services to land support-operation of toll roads. The company has reported a standalone net profit of Rs 40.8 crore in Q1 FY25, which is significantly higher as compared with Rs 16.4 crore in Q1 FY24. Total income jumped 22% YoY to Rs 1,900.8 crore during the period under review. Powered by Capital Market - Live
Ashoka Buildcon has been declared as the Lowest Bidder (L-1) for a Brihanmumbai Municipal Corporation project. The quoted bid price for the project is Rs.918.00 crore, excl. GST. The project entails the construction of flyover Arm1 Arm-2 at T Junction on Sion Panvel Highway Maharashtra Nagar in M/E Ward. Powered by Capital Market - Live
Ashoka Buildcon has emerged as L1 bidder for a City & Industrial Development Corporation of Maharashtra (CIDCO) project entailing integrated Infrastructure Development of 20M & above wide Roads, Construction of Various Major & Minor Structures (Viz. Flyover, Minor Bridges, VUPS, PUPS etc.) And Allied Electrical Works (Street Light) in TPS - 10 & TPS - 11 under NAINA Project. The company bid project cost is Rs 1667.78 crore. Powered by Capital Market - Live
Ashoka Buildcon announced that ICRA has upgraded the Credit Ratings for Long Term - Fund Based - Term Loan of Ashoka Ankleshwar Manubar Expressway (SPV), a wholly owned subsidiary of Ashoka Concessions, a subsidiary of the Company as follows: The ICRA has assigned the Credit Rating for Long Term - Fund Based - Term Loan as [ICRA] AAA upgraded from [ICRA] AA; Outlook revised to stable from Positive.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 15.09%, vs industry avg of 8.83%
Increasing Market Share
Over the last 5 years, market share increased from 1.6% to 2.11%