NSE: ASHOKA · BSE: 533271 · ISIN INE442H01029
Ashoka Buildcon Limited stock analysis
Ashoka Buildcon Limited ranks #1009 in the TickerSutra evidence-ranked universe with a score of 58/100 and 95% data confidence. The latest captured fundamentals show ROCE of 26.4%, quarterly sales growth of -20.5% and quarterly profit growth of -41.2%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 26.4%
- Low debt/equity of 0.24×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
- Operating margin has compressed materially
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹5,999cr | ₹1,789cr | ₹771cr | 30.0% |
| 2023 | ₹8,100cr | ₹1,969cr | ₹294cr | 24.0% |
| 2024 | ₹9,798cr | ₹2,235cr | ₹521cr | 23.0% |
| 2025 | ₹10,037cr | ₹2,920cr | ₹1,734cr | 29.0% |
| 2026 | ₹7,520cr | ₹1,879cr | ₹2,576cr | 25.0% |
| TTM | ₹7,132cr | ₹1,536cr | ₹2,476cr | 22.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Ashoka Buildcon Limited (the Company) informs that the trading window for dealing in the securities of the Company for all the designated persons and their immediate relatives shall be ....
RoutineAshoka Buildcon Ltd - 533271 - Reg. 34 (1) Annual Report.BSE · 26 Sept 2026Submission of Revised 33rd Annual Report for the financial year 2025-26 under Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.
RoutineShareholders meetingNSE · 26 Sept 2026Ashoka Buildcon Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 25, 2026. Further, the company has informed the Exchange regarding voting results.
RoutineAshoka Buildcon Ltd - 533271 - Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportBSE · 26 Sept 2026Please find attached Scrutinizer''s Report and Voting Results under Regulation 44 of the SEBI (LODR) Regulations, 2025 in respect of the 33rd Annual General Meeting held on September 25, ....
RoutineGeneral UpdatesNSE · 25 Sept 2026Ashoka Buildcon Limited has informed the Exchange about Pursuant to the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the Presentation made at the 33rd Annual General Meeting of the Company held on Friday, September 25, 2026 at 12:30 p.m. through Video Conferencing/Other Audio-Visual Means.The aforesaid presentation is enclosed herewith for your information and records.The same is also being made available on the website of the Company.
MANAGEMENT COMMENTARY
Signals from filed documents
These transactions represent a major strategic achievement in our long-term capital recycling roadmap, reinforcing our ability to unlock value from mature operating assets. Through targeted monetization and restructuring, we achieved a meaningful debt reduction this year, strengthening our balance sheet and strategically positioning Ashoka Buildcon for future expansion. This disciplined capital recycling strategy rem
He continues to support and guide the Company’s mission to lead responsibly, its vision of becoming a leader in the industry, supported by a clearly designed Environment, Social and Governance (ESG) framework and charter. Since FY2018-19, the Company has ventured in international market and the presence has expanded significantly, growing to 7 countries in FY2026. This expansion reflects the Company’s global grow
• Improve the valuation of long-duration infrastructure assets, including InvITs, toll roads and annuity-based concessions, through lower discount rates. • Enhance the attractiveness of infrastructure investments for both domestic and international institutional investors. • Support increased private sector participation in PPP projects and asset monetisation initiatives.
50 ANNUAL REPORT 2025-2026 Acknowledgement The Board of Directors places on record its sincere gratitude and appreciation to all stakeholders, including shareholders, lenders, banks, financial institutions, investors, credit rating agencies, customers, suppliers, vendors, consultants, business associates, joint venture partners and other stakeholders for their continued trust, support and cooperation extended to the
aspx?PRID=2241612®=3&lang=1 Airport Sector India has become the world’s third-largest domestic aviation market, with around 160–165 operational airports in 2025–26, up from about 74 in 2014, and traffic exceeding 400–450 million passengers per year, with projections of 600–650 million by FY31. The sector has seen a mix of greenfield airport development in tier-2 and tier-3 cities, brownfield upgradations of metro-
These Standalone financial statements include Balance Sheet as at March 31, 2026, the Statement of Profit and Loss including Other Comprehensive Income, Cash flows Statement and Statement of changes in equity for the year ended March 31, 2026, and a summary of significant accounting policies and other explanatory information. The Changes in policies, if any, are approved by the Audit Committee in consultation with th
Commodity Price Risk: While executing certain projects, the Company has to buy material which contains precious metals i.e. For the same, the Company is able to manage its exposure to price increases in project materials through bulk purchases and better negotiations and hedging wherever possible. The company proactively manages these risks through forward booking, inventory management and proactive vendor developmen
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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