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Ashoka Buildcon Ltd

ASHOKA

Ashoka Buildcon Ltd

ASHOKA
IndustrialsConstruction & Engineering
SmallcapWith a market cap of ₹7,320 cr, stock is ranked 666
High RiskStock is 3.60x as volatile as Nifty
261.950.44% (+1.16)
261.950.44% (+1.16)

Price Chart

High
Low
Returns
1D
1W
1M
1Y
5Y
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SIP
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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsConstruction & Engineering
SmallcapWith a market cap of ₹7,320 cr, stock is ranked 666
High RiskStock is 3.60x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

Avg

Can be considered moderately valued vs the market

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsConstruction & Engineering
SmallcapWith a market cap of ₹7,320 cr, stock is ranked 666
High RiskStock is 3.60x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
7.682.94
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
50.667.190.53%

Forecast & Ratings

Detailed Forecast 
56%
Analysts have suggested that investors can buy this stock

from 9 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 15.09%, vs industry avg of 8.84%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 1.6% to 2.11%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue2,906.043,054.333,711.805,007.225,163.865,139.326,484.118,236.7910,112.2110,967.76
Raw Materialssubtract884.29597.13832.451,508.321,159.361,290.901,520.382,662.273,591.967,945.75
Power & Fuel Costsubtract55.8172.11110.030.000.000.000.000.000.00
Employee Costsubtract95.89118.20141.09188.39293.30321.04354.14387.82438.68
Selling & Administrative Expensessubtract80.29112.0875.8876.6587.5076.3691.08116.85144.01
Operating & Other expensessubtract847.381,137.811,302.061,823.671,955.121,767.902,244.333,036.763,390.57
Depreciation/Amortizationsubtract269.05264.01291.43258.23299.78275.87338.23341.08366.63363.10
Interest & Other Itemssubtract799.60907.80993.811,021.341,042.56969.601,003.751,103.831,310.391,285.88
Taxes & Other Itemssubtract-40.9150.4776.19164.08160.91161.43153.64295.76366.89419.79
EPS-3.29-7.31-3.96-1.195.899.8427.7310.4217.9233.96
DPS1.001.070.530.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 26PDF
Feb 14PDF
Feb 13PDF
FY 2023

Annual report

PDF

Investor Presentation

May 25PDF
May 25PDF
Sep 23PDF
+3 more
FY 2024

Annual report

PDF

Investor Presentation

Aug 10PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsConstruction & Engineering

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Ashoka Buildcon Ltd14.552.94
Larsen and Toubro Ltd39.915.080.90%
GMR Airports Ltd-158.38-104.06
IRB Infrastructure Developers Ltd56.262.480.53%

Price Comparison

Compare ASHOKA with any stock or ETF
Compare ASHOKA with any stock or ETF
ASHOKA
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding54.48%17.44%0.35%7.96%19.78%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep2.40%2.97%4.51%7.24%7.63%7.96%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

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)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
HDFC Balanced Advantage Fund - Growth - Direct Plan

Growth
4.8547%0.37%-0.03%38/299 (-1)
Kotak Multicap Fund - Growth - Direct Plan

Growth
3.1990%1.58%-0.14%51/71 (-3)
SBI FUNDS MANAGEMENT PVT LTD#SBI MF-SBI INFRASTRUCTURE FUND DIRECT PL GROWTH

Growth
1.4727%2.17%-0.37%14/54 (-4)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

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

Interim
Interim | Div/Share: ₹0.80

Dividend/Share

0.80

Ex DateEx Date

Mar 27, 2018

Cash Dividend

Ex DateEx DateSep 21, 2017

Final
Final | Div/Share: ₹0.80

Dividend/Share

0.80

Ex DateEx Date

Sep 21, 2017

Cash Dividend

Ex DateEx DateFeb 2, 2017

Interim
Interim | Div/Share: ₹0.80

Dividend/Share

0.80

Ex DateEx Date

Feb 2, 2017

Cash Dividend

Ex DateEx DateMar 16, 2016

Interim 2
Interim 2 | Div/Share: ₹0.80

Dividend/Share

0.80

Ex DateEx Date

Mar 16, 2016

Cash Dividend

Ex DateEx DateFeb 3, 2016

Interim
Interim | Div/Share: ₹0.70

Dividend/Share

0.70

Ex DateEx Date

Feb 3, 2016

News & Opinions
Corporate
Ashoka Buildcon wins work order of Rs 1,055 cr from Bangalore International Airport

Ashoka Buildcon has secured an EPC contract from Banglore International Airport for construction of elevated western crossfield taxiways, apron and associated works (taxiway systems, pavement, drainage works, ancillary buildings and associated infrastructure facilities). The project is valued at Rs 1,055 crore. Powered by Capital Market - Live

5 days agoCapital Market - Live
Spotlight
Ashoka Buildcon gains after bagging order from Bangalore Intl Airport

The order includes construction of elevated western crossfield taxiways (the WCT), apron and associated works (taxiway systems, pavement, drainage works, ancillary buildings and associated infrastructure facilities). Ashoka Buildcon is engaged in the construction & maintenance of roads and supporting services to land support and operation of toll roads. The company's consolidated net profit surged 334.15% to Rs 462.46 crore on 15.53% jump in revenue from operations to Rs 2488.93 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live

5 days agoCapital Market - Live
Corporate
Ashoka Buildcon issues commercial paper of Rs 50 cr

Ashoka Buildcon has issued commercial paper of Rs 50 crore on 28 November 2024. Powered by Capital Market - Live

6 days agoCapital Market - Live
Spotlight
Ashoka Buildcon rises after bagging work contract worth Rs 193 crore

In a regulatory filing made after market hours yesterday, the company informed that it had submitted bid for a project to Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company. The project involves the procurement, installation, testing, and commissioning of new 11 KV lines, LT lines, distribution transformer substations, and supporting infrastructure like distribution poles and transformers. This project aims to separate 11 KV mixed feeders and mixed distribution transformers under the KfW-funded Feeder Separation Project (FSP) Lot-I in Chhindwara. The project is expected to be completed within 24 months. The accepted bid project cost is Rs 192.69 crore. Ashoka Buildcon is engaged in the construction & maintenance of roads and supporting services to land support and operation of toll roads. The company's consolidated net profit surged 334.15% to Rs 462.46 crore on 15.53% jump in revenue from operations to Rs 2488.93 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

6 days agoCapital Market - Live
Corporate
Ashoka Buildcon secures project valued at Rs 192 cr

Ashoka Buildcon has received notification of award for the project of Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company, Jabalpur for Procurement entailing Supply, Installation, Testing and Commissioning of New 11 KV Lines, LT Line on AB Cable, Distribution Transformer Substation and Supporting works such as DPs, TPs, crossing etc. for separation of 11 KV Mix Feeders & Mix DTRs under project financing from KfW for Feeder Separation (FSP) Lot-I: Chhindwara. The accepted bid price is Rs 192.69 crore. Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Ashoka Buildcon update on its bid for two NHAI projects in West Bengal

Ashoka Buildcon updates that the Company had submitted bid for the Projects of National Highways Authority of India (NHAI) and the Company was declared the Lowest Bidder for the following Projects: 1. 'Request for Proposal for Development of 4 lane Economic Corridor from Kharagpur to ChandrakonaGhatal Road Crossing Section Km 0.000 to Km 41.000 of NH 116A (Package-I) in the state of West Bengal under Hybrid Annuity Mode'. (Project 1) 2. 'Request for Proposal for Development of 4 lane Economic Corridor from Bowaichandi to GuskaraKatwa Road Section Km 89.814 to Km 133.000 of NH 116A (Package-3) in the state of West Bengal under Hybrid Annuity Mode' (Project 2). Further to update that the Company received Letter of Award for Project -2 on 25 November 2024, which was disclosed to the Exchanges on 25 November 2024. For Project -1, said Bid has been cancelled by NHAI for administrative reasons. The company stated,We understand that since the Company was the only Bidder for Project ' 1, the NHAI has cancelled the same for administrative reasons. NHAI has issued fresh Re-Bid Notice for Project -1 and the Company is eligible for re-bidding.Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Ashoka Buildcon drops after NHAI cancels highway project worth Rs 1,400 cr

The tender was for the development of a 4-lane economic corridor from Kharagpur to Chandrakona Ghatal (Package-I) in West Bengal under the hybrid annuity mode (HAM). The said project has been cancelled by NHAI for administrative reasons. NHAI has issued fresh re-bid notice for said highway project and the company is eligible for re-bidding On 18 November 2024, the said order was received from NHAI, with a project cost of Rs 1,400 crore. Ashoka Buildcon is engaged in the construction & maintenance of roads and supporting services to land support and operation of toll roads. The company's consolidated net profit surged 334.15% to Rs 462.46 crore on 15.53% jump in revenue from operations to Rs 2488.93 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Ashoka Buildcon appoints Mayank Sharma as chief operating officer

Mayank Sharma is MBA, M.Com graduate from M.D.S. University, Ajmer, Rajasthan, brings over two decades of extensive experience in business development, project management, and project execution in the renewable energy sector. Sharma has a proven track record of successfully developing and executing largescale projects, driving operational excellence and sustainable growth. Sharma will lead the renewable energy vertical, leveraging his in-depth industry knowledge and exemplary leadership abilities to strengthen our position in this growing sector. Prior to this, Mayank Sharma held senior leadership positions at H.G. Infra Engineering and Rays Power Infra, where Mayank consistently delivered remarkable business growth and operational success. Ashoka Buildcon is engaged in construction & maintenance of roads and supporting services to land support-operation of toll roads. The company's consolidated net profit surged 334.15% to Rs 462.46 crore on 15.53% jump in revenue from operations to Rs 2488.93 crore in Q2 FY25 over Q2 FY24.= Shares of Ashoka Buildcon fell 0.85% to currently trade at Rs 239.30 on the BSE.Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
Ashoka Buildcon spurts on winning Rs 242-crore order from NHAI

The project involves the development of a 4-lane Economic Corridor from Bowaichandi to Guskara-Katwa Road Section (Km 89.814 to Km 133.000) on NH 116A in West Bengal under the Hybrid Annuity Mode. The total cost of the project is Rs 1,391 crore. The project is scheduled for completion within 910 days, including the monsoon period. Ashoka Buildcon is engaged in construction & maintenance of roads and supporting services to land support-operation of toll roads. The company's consolidated net profit surged 334.15% to Rs 462.46 crore on 15.53% jump in revenue from operations to Rs 2488.93 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

1 week agoCapital Market - Live
Live Market Update
Indices edge higher in early trade; breadth strong

The key equity indices traded with minor gains in early trade. The Nifty traded above the 24,300 level. All the sectorial indices on NSE were in the green with realty, IT and metal shares gaining the most. At 09:30 IST, the barometer index, the S&P BSE Sensex was up 230.79 points or 0.29% to 80,343.51. The Nifty 50 index rose 81.95 points or 0.34% to 24,303.85. In the broader market, the S&P BSE Mid-Cap index added 0.53% and the S&P BSE Small-Cap index rose 0.64%. The market breadth was strong. On the BSE, 1,689 shares rose and 720 shares fell. A total of 113 shares were unchanged. Foreign portfolio investors (FPIs) bought shares worth Rs 9,947.55 crore, while domestic institutional investors (DIIs) were net sellers to the tune of Rs 6,907.97 crore in the Indian equity market on 25 November 2024, provisional data showed. Stocks in Spotlight: Ashoka Buildcon added 3.06% after the company has received Rs 1,391 crore projects from National Highways Authority of India (NHAI). The project involves the development of a highway in West Bengal. Gulf Oil Lubricants India rose 2.23% after the company has signed partnership agreement with Piaggia Vehicles to extend collaboration in delivering co-branded lubricants across Piaggio's commercial vehicle segment. Acme Solar Holdings fell 3.84% after the company reported 60.4% decline in consolidated net profit to Rs 15.30 crore in Q2 FY25 as compared with Rs 38.63 crore in Q2 FY24. Revenue from operations fell 19.7% YoY to Rs 259.59 crore during the quarter. Numbers to Track: The yield on India's 10-year benchmark federal paper was up 1.57% to 6.929 as compared with previous close 6.940. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 84.2450, compared with its close of 84.2950 during the previous trading session. MCX Gold futures for 5 December 2024 settlement rose 0.24% to Rs 75,488. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.31% to 107.15. The United States 10-year bond yield added 0.47% to 4.283. In the commodities market, Brent crude for January 2024 settlement lost 21 cents or 0.29% to $73.22 a barrel. Global Markets: Asian stocks traded mixed on Tuesday following U.S. President-elect Donald Trump's announcement of proposed tariffs on China, Mexico, and Canada. Trump stated on his Truth Social platform that he plans to implement a 10% tariff on goods from China and a 25% tariff on imports from Mexico and Canada. He cited the need to address issues of illegal migration and drug trafficking across U.S. borders. Key U.S. economic data is due this week, with the Federal Reserve releasing the minutes from its latest FOMC meeting on Tuesday and U.S. GDP data expected on Wednesday. On Monday, U.S. stock benchmarks hit record highs. The Dow Jones Industrial Average rose 1%, the S&P 500 gained 0.3% to close at 5,987.40, and the NASDAQ Composite advanced 0.27% to 19,054.84. Markets were buoyed by the nomination of Scott Bessent as Treasury Secretary, continued flows into cyclical sectors, and reports of a potential ceasefire between Israel and Lebanon, which drove oil prices lower. Investors are also awaiting the PCE Price Index, the Federal Reserve's preferred inflation measure, later this week. Trading volumes are expected to remain light due to the Thanksgiving holiday.Powered by Capital Market - Live

1 week agoCapital Market - Live