ASHOKAConstruction

Ashoka Buildcon Limited

Civil Construction · ISIN INE442H01029 · BSE 533271 · NSE EQ · FV ₹5
Last price
₹109
+0.04%today
What this company does

Ashoka Buildcon Limited operates in Civil Construction, part of the Construction sector. It booked ₹1,500 cr of revenue in its latest quarter (Q1 FY27) and kept 8.2% of sales as profit.

In the report:
70out of 100
Equitytale Health Score
Solid

Healthier than 70% of companies in Construction, on all six measures of filed financials. Each measure is ranked against the 19–23 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
32

At close. Not part of the score.

Profitability & returns45

How much profit it earns on the money it employs

Balance sheet71

How much it owes, and whether earnings cover the interest

Cash quality63

Whether reported profit actually arrives as cash

Growth & consistency71

Whether sales and profit have grown, and how steadily

Valuation97

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 54%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Sales down 21% vs last year
! Profit down 46% vs last year
! Low 7.5% return on equity

What if I invest in ASHOKA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹109 +0.04%
latest close · 2026-09-17
1-year return
+10.6%
52-wk low ₹6952-wk high ₹129
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio6.0Low
LowAverageHigh
P/B ratio0.46Below book
Below bookModerateHigh
EV / EBITDA3.4Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity7.5%Weak
WeakFairStrong ▸15%
Return on capital10.3%Fair
WeakFairStrong
Net margin8.2%Decent
ThinDecentStrong
EBITDA margin19.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.23Comfortable
LowModerateHigh ▸1
Interest cover3.1×Okay
RiskyOkayStrong ▸5×
Current ratio2.17Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹3,054 cr
Book value
₹234
EPS
₹4.55
latest quarter
Net debt
₹920 cr
owes more than its cash
Enterprise value
₹3,974 cr
EBITDA
₹1,168 cr
annualised
EBIT
₹1,025 cr
annualised
Operating margin
17.1%
Return on assets
3.8%
Earnings yield
16.73%
P/S
0.51
Sales / share
₹213.7
Tax rate
26.4%
Face value
₹5
Shares
28.1 cr
Working capital
₹3,581 cr
Current assets
₹6,649 cr
Current liabilities
₹3,068 cr
Delivery %
41.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹351₹542, midpoint ₹446

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,500 cr
Other Income₹34 cr
Total Income₹1,534 cr
Cost of Materials₹374 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹101 cr
Finance Costs₹83 cr
Depreciation & Amortisation₹36 cr
Other Expenses₹767 cr
Total Expenses₹1,361 cr
Profit before Tax₹173 cr
Tax Expense₹46 cr
Share of JV / Associates₹-6.6 L
Net Profit₹127 cr
Net margin on total income8.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹374 cr24.4%
Employee benefit expense₹101 cr6.6%
Finance costs₹83 cr5.4%
Depreciation & amortisation₹36 cr2.3%
Other expenses₹767 cr50.0%
Tax expense₹46 cr3.0%
Profit for the period₹127 cr8.3%
Total income ₹1,534 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,827 cr1,954 cr1,500 cr
Total income1,866 cr1,992 cr1,534 cr
Expenses1,634 cr1,814 cr1,361 cr
Profit before tax2,609 cr165 cr173 cr
Tax498 cr13 cr46 cr
Net profit (owners' share)2,111 cr143 cr123 cr
Net margin (owners' share, on revenue)115.5%7.3%8.2%
EPS (₹)75.215.104.55
YoY (latest quarter): total income -20.8% · net profit -45.6%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹13,050 cr
Shareholder equity
₹6,579 cr
parent shareholders
Total debt
₹1,511 cr
Cash
₹591 cr
Cash flow · H1 FY26
Operating
₹648 cr
Investing
₹1,017 cr
Financing
₹-839 cr
Peer comparison
Civil Construction · by market value
CompanyPriceMarket capP/E
Larsen & Toubro Limited₹3,836₹5.28 L cr32.0
Rail Vikas Nigam Limited₹202₹42,055 cr66.3
Kalpataru Projects International Limited₹1,399₹23,900 cr19.3
IRB Infrastructure Developers Limited₹19₹22,767 cr18.9
NBCC (India) Limited₹82₹22,175 cr36.0
Cemindia Projects Limited₹1,255₹21,563 cr38.3
Engineers India Limited₹264₹14,824 cr23.5
Techno Electric & Engineering Company Limited₹985₹11,452 cr30.7
KEC International Limited₹402₹10,700 cr36.8
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.8
ex 27 Mar 2018
ActionDetailEx-date
Bonus issue2:112 Jul 2018
Dividend₹0.8 / share27 Mar 2018
Dividend₹0.8 / share21 Sep 2017
Dividend₹0.8 / share2 Feb 2017
Dividend₹0.8 / share16 Mar 2016
Dividend₹0.7 / share3 Feb 2016
Who owns it · 2026-06-30
No pledge
Promoter
54.5%
FII / Foreign
4.4%
DII / Domestic
14.0%
Retail / others
27.1%
Smart-money activity
Insider trades
SoldASHISH ASHOK KATARIA-HUF · Promoter Group15,000 · ₹15.0 L7 Dec 20
BoughtASHISH ASHOK KATARIA-HUF · Promoter Group22,000 · ₹21.4 L7 Dec 20
BoughtLEMON TREE TRUST · Promoter Group2.50 L · ₹1.0 cr31 Mar 20
Bulk / block deals
short · NSE516 Sep 26
short · NSE14531 Aug 26
BoughtQE SECURITIES LLP · NSE29.93 L @ ₹125.2231 Aug 26
Stake changes
BoughtKotak Mahindra Mutual Fund→ 5.18% · 10.00 L20 Jun 24
SoldNippon Life India Trustee Limited→ 3.10% · 1.00 L22 Sep 23
SoldNippon Life India Asset Management Limited→ 5.13% · 6.10 L26 May 21
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 8 Mar 2026
See the official result
1
To re-appoint Mr. Ashok Katariya (DIN: 00112240), as a Whole-time Director, to be designated as Chairman of the Company for a period of three (3) years from April 01, 2026 and to obtain approval for the remuneration payable to him on his re-appointment
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 75%
6.19 cr votes for, 7.94 L against · 1% of mutual funds and other big investors said no
2
To re-appoint Mr. Ashok Katariya (DIN: 00112240), as a Whole-time Director, to be designated as Chairman of the Company for a period of three (3) years from April 01, 2026 and to obtain approval for the remuneration payable to him on his re-appointment
Backed by 76% of shareholders other than promotersneeded 75%
4.77 cr votes for, 1.50 cr against · 26% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 27 named members
owning 54.5% between them · as of 2026-06-30
Shobha Parakh13.55%
Asha Ashok Katariya .7.11%
Ashok Motilal Katariya .5.43%
Ashok Motilal Katariya Huf .5.18%
Ashish Ashok Kataria .4.88%
Ashish Ashok Katariya (Huf) .4.55%
Astha Ashish Katariya4.00%
Satish Parakh2.10%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.