ASHOKA

Ashoka Buildcon Ltd.

NSE: ASHOKA

BSE: 533271

Sector: Construction

Industry Group: Construction

Industry: Civil Construction

106.49+1.2 (+1.12%)

5 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

74.0 / 100

Value Score

91.1 / 100

Price Momentum Score

12.4 / 100

QVM Score

66.8 / 100

Key Metrics

Market Cap

2989.42

P/E (TTM)

1.22

P/B

0.45

P/S (TTM)

0.42

EV/EBITDA

2.42

CAPE (5Y)

2.44

ROE (TTM)

48.60

ROCE (TTM)

24.03

ROA (TTM)

15.08

Avg 3Y ROE

43.04

Earnings 3Y CAGR

105.63

Sales 3Y CAGR

-4.38

Sales 5Y CAGR

5.28

Debt/Equity

0.24

Consensus TP

147.50

Strong Buy %

50.00

Promoter Holding

54.48

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Ashoka Buildcon Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Stock is cheap and PE TTM is at a discount to industry median

PE TTM of 1.22 indicates that the stock is cheap on a standalone basis. Discount to industry median P/E is decent at -91.69%

What is P/E Ratio?

Median: 14.68

Value 1.22

0.081712.76

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 50.37% for 12-month ended 30 Jun 2026 and the growth was 51.37 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low and declining Debt to Equity

The company has low Debt to Equity of 0.24 as on 30 Jun 2026 and Debt to Equity decreased by 0.27 in the last 1 year

What is Debt to Equity?

Negative

Weak price momentum

Price Momentum score of 12.4 indicates that the stock has weak price momentum. Research has shown that stocks with lower momentum continue to underperform in the near term

What is Price Momentum score?

12.4 / 100

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -11.17% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Not enough data

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of -24.59% for 12-month ended 30 Jun 2026 and the growth was 33.49 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 8.9

Value -24.59

-89.966675.73

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

High ROE but declining trend

The company reported strong ROE of 48.6% for 12-month ended 30 Jun 2026 but ROE declined by -661 bps from 1 year ago

What is ROE (FY)?

High operating margin but declining trend

The company reported strong operating margin of 19.39% for 12-month ended 30 Jun 2026 but operating margin declined by -901 bps from 1 year ago

What is Operating profit margin?

Company's earnings are of moderate quality

Earnings quality score of 38.3 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

38.3 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Ashoka Buildcon Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Ashoka Buildcon Ltd. Shareholding Pattern

Quarterly breakdown of Ashoka Buildcon Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	54.33	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48
Indian Promoter	54.33	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48	54.48
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	37.09	33.34	30.55	30.88	31.40	27.79	25.81	24.27	23.60	22.26	21.03	21.47	21.58	21.04	22.94	24.23	24.87	26.96	25.74	23.98	22.41	21.45	21.51	21.90	20.29	18.43
Mutual Funds / UTI	30.76	28.80	27.21	27.50	27.23	24.17	22.89	21.75	20.98	19.70	18.98	19.13	19.67	18.64	18.82	18.58	16.49	18.08	17.44	15.46	14.93	14.16	14.06	14.43	14.37	14.02
FI/Bank/Insurance	0.88	0.83	0.14	0.14	0.14	0.13	0.13	0.07	0.50	0.12	0.12	0.34	0.00	0.00	0.00	0.00	0.00	0.10	0.33	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	5.47	3.71	3.20	3.24	3.97	3.48	2.80	2.40	2.13	2.43	1.93	2.00	1.90	2.40	2.97	4.51	7.23	7.63	7.95	8.52	7.48	7.29	7.45	7.46	5.90	4.39
Other Institutions	0.00	0.00	0.00	0.00	0.05	0.00	0.00	0.05	0.00	0.00	0.00	0.00	0.00	0.00	1.14	1.14	1.14	1.15	0.02	0.00	0.00	0.00	0.00	0.02	0.02	0.00
Non-Institution	8.58	12.18	14.97	14.64	14.12	17.73	19.70	21.25	21.92	23.26	24.48	24.04	23.94	24.48	22.59	21.28	20.65	18.56	19.78	21.54	23.12	24.07	24.01	23.62	25.23	27.10
Bodies Corporate	1.28	1.35	1.02	0.87	1.05	1.18	1.40	1.50	1.72	1.74	1.66	1.79	1.50	1.23	1.22	1.02	0.98	0.85	0.90	1.05	1.30	1.09	0.85	0.75	0.83	0.88
Others (incl. Retail) No. of shareholders	7.30 39,203	10.83 60,743	13.95 78,416	13.77 77,004	13.07 70,822	16.55 94,456	18.30 1,10,539	19.75 1,19,974	20.20 1,24,012	21.52 1,37,101	22.82 1,39,398	22.25 1,35,868	22.44 1,39,386	23.25 1,37,509	21.37 1,33,941	20.26 1,27,557	19.67 1,53,116	17.71 1,53,545	18.88 1,59,053	20.49 1,72,664	21.82 1,90,505	22.98 1,98,371	23.16 1,98,704	22.87 1,94,464	24.40 1,96,199	26.22 2,01,000

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	Nifty Microcap 250	0.16%	208 / 250
2	Nifty Total Market	0.01%	706 / 749

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Ashoka Buildcon Ltd. shares as reported to NSE and BSE.

Name	Date	Type	Price	Qty.	Value
QE SECURITIES LLP	15 Jun 2026	buy	₹ 136.03	15.85 lac	₹ 21.56 cr
QE SECURITIES LLP	15 Jun 2026	sell	₹ 136.51	16.00 lac	₹ 21.84 cr
GRAVITON RESEARCH CAPITAL LLP	06 Sep 2024	buy	₹ 274.92	16.49 lac	₹ 45.34 cr
GRAVITON RESEARCH CAPITAL LLP	06 Sep 2024	sell	₹ 275.03	16.49 lac	₹ 45.36 cr
GRAVITON RESEARCH CAPITAL LLP	07 Jun 2024	buy	₹ 203.68	16.44 lac	₹ 33.49 cr
GRAVITON RESEARCH CAPITAL LLP	07 Jun 2024	sell	₹ 203.74	16.44 lac	₹ 33.50 cr
CITADEL SECURITIES INDIA MARKETS PRIVATE LIMITED	09 Jan 2024	buy	₹ 154.90	15.99 lac	₹ 24.76 cr
CITADEL SECURITIES INDIA MARKETS PRIVATE LIMITED	09 Jan 2024	sell	₹ 159.17	3.90 lac	₹ 6.21 cr
GRAVITON RESEARCH CAPITAL LLP	09 Jan 2024	buy	₹ 156.77	28.99 lac	₹ 45.45 cr
GRAVITON RESEARCH CAPITAL LLP	09 Jan 2024	sell	₹ 157.07	28.99 lac	₹ 45.54 cr

Corporate Actions

History of Ashoka Buildcon Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Bonus1 new shares for 2 existing shares
Ex-date: 12th Jul 2018Announced on: 30th May 2018
Dividend₹ 0.80/share
Record date: 28th Mar 2018Ex-date: 27th Mar 2018
Announced on: 12th Mar 2018
Dividend₹ 0.80/share
Record date: 22nd Sep 2017Ex-date: 21st Sep 2017
Announced on: 31st May 2017
Dividend₹ 0.80/share
Record date: 3rd Feb 2017Ex-date: 2nd Feb 2017
Announced on: 23rd Jan 2017
Dividend₹ 0.80/share
Record date: 17th Mar 2016Ex-date: 16th Mar 2016
Announced on: 7th Mar 2016

Company Profile

Overview of Ashoka Buildcon Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Ashoka Buildcon Limited is an India-based highway developer. The Company is engaged in engineering, procurement and construction (EPC), build-operate-transfer (BOT), and Basis and Sale of Ready-Mix Concrete. Its segments include Construction & Contract, BOT/Annuity Projects and Sale of Goods. The Co...

Key personnel

Mr. Manoj Achyut Kulkarni

Compliance Officer, Company Secretary

Mr. Ashok Motilal KatariyaD

Executive Chairman of the Board

Mr. Ashish Ashok KatariaD

Joint Managing Director, Executive Director

Mr. Sanjay Prabhakar LondheD

Joint Managing Director, Executive Director

Mr. Satish Dhondulal ParakhD

Managing Director, Executive Director

Ms. Shilpa HiranD

Non-Executive Independent Director

Mr. Mahendra Bhopalsingh MehtaD

Non-Executive Independent Director

Mr. Mario NazarethD

Non-Executive Independent Director

View all

Incorporated on

13 May 1993

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

2,355

IPO date

14 Oct 2010

Free Float

12,77,66,565

Website

https://ashokabuildcon.com/

Phone no.

+912536633705

Address

S.No. 861, Ashoka House, Ashoka Marg, Vadala, NASIK, 422011, India

Frequently Asked Questions

What is the current share price of Ashoka Buildcon Ltd.?

The current share price of Ashoka Buildcon Ltd. is ₹ 106.49 as of 5 Oct 2026.

What is the market capitalisation of Ashoka Buildcon Ltd.?

The market capitalisation of Ashoka Buildcon Ltd. stands at ₹ 2,989.42 Cr.

What is the PE ratio of Ashoka Buildcon Ltd.?

The Price-to-Earnings (PE) ratio of Ashoka Buildcon Ltd. is 1.22 as of the latest trailing twelve months data.

What is the ROE and ROCE of Ashoka Buildcon Ltd.?

Ashoka Buildcon Ltd. has a Return on Equity (ROE) of 48.60% and a Return on Capital Employed (ROCE) of 24.03% as per the latest financial reports.

What is the 52-week high and low of Ashoka Buildcon Ltd.?

The 52-week high of Ashoka Buildcon Ltd. is - and the 52-week low is -.

What is the dividend yield of Ashoka Buildcon Ltd.?

The dividend yield of Ashoka Buildcon Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Ashoka Buildcon Ltd.?

Foreign Institutional Investors (FII) hold 4.39%, Domestic Institutional Investors (DII) hold 14.02% and retail/public investors hold 26.22% of Ashoka Buildcon Ltd. shares.

What sector does Ashoka Buildcon Ltd. belong to?

Ashoka Buildcon Ltd. operates in the Construction sector. 62.5% of analysts have a Buy or Strong Buy rating on Ashoka Buildcon Ltd. with a consensus target price of ₹ 147.50, implying 38.51% upside from current levels.

What is the beta of Ashoka Buildcon Ltd.?

The beta of Ashoka Buildcon Ltd. is 1.51, indicating its price volatility relative to the broader market. Over the past 1 year, Ashoka Buildcon Ltd. has delivered an absolute return of -43.71%.

What is the RSI of Ashoka Buildcon Ltd.?

The 14-day Relative Strength Index (RSI) of Ashoka Buildcon Ltd. is 35.24, placing it approaching oversold territory. An RSI above 70 is considered overbought and below 30 is considered oversold.

Ashoka Buildcon Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Ashoka Buildcon Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Company Profile

Corporate Actions

Holdings and Presence