Subscribe

Ashoka Buildcon Limited (ASHOKA.NS)

INR128.22 -0.24 (-0.19%)
IN NSE Industrials Engineering & Construction
Address Ashoka House 422011
Nashik, IN
CEO Sanjay Prabhakar Londhe
IPO 2010-10-14
ISIN INE442H01029

Explore sections of this company profile

Also trades on Bombay Stock Exchange · ASHOKA.BO (INR) National Stock Exchange of India · ASHOKA.NS (INR)
Description

Ashoka Buildcon Limited is an infrastructure development enterprise based in India. The company operates through three principal divisions: Construction & Contract Related Activity, Built, Operate and Transfer (BOT) projects, and the Sale of Goods. It undertakes the construction of various infrastructure facilities, leveraging both Engineering, Procurement, and Construction (EPC) and Build-Operate-Transfer (BOT) methodologies. Its diverse portfolio includes projects like highways, bridges, power plants, buildings, urban gas distribution systems, and railway infrastructure. Furthermore, the company sells ready-mix concrete and properties within the real estate market. Ashoka Buildcon also extends its services to developing software for educational institutions, gas distribution, and offering consultancy. The company, established in 1976, is headquartered in Nashik, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
INR128.22 -0.24 (-0.19%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
2M
Beta
0.49
Float Shares
143.13M
Free Float %
51.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.61% -2.81% -6.79% -10.59% -30.33% -26.38% -42.28% +62.12% +35.17% +33.50% +68.73%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
128.22
DCF (Unlevered) 172.12 +34.2%
DCF (Levered) 50.60 -60.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 56% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 5 0
Hold 2 0
Sell 1 0
Strong Sell 1 +1
Quality scores
Altman Z-Score
2.24
Grey zone
Piotroski F-Score
5 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
A+
Overall Score
5 / 5
High
DCF Score
3 / 5
Medium
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Engineering & Construction: +6.7%
    -16.7% Q1'26: -27.5% (vs Q1'25)
  • EPS growth Engineering & Construction: +20.8%
    -58.0% Q1'26: -64.2% (vs Q1'25)
  • FCF margin FCF growth · Engineering & Construction: +51.6%
    -5.5% Q1'26: +31.3% (vs Q1'25)
  • EBIT margin Engineering & Construction: +7.0%
    +22.9% Q1'26: +11.4% (vs Q1'25)
  • ROIC Engineering & Construction: +6.4%
    +18.9% Q1'26: +10.9% (vs Q1'25)
  • Share dilution Engineering & Construction: +0.0%
    +258.1% Q1'26: -7.4% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Engineering & Construction: -0.38×
    0.85× Q1'26: 1.53× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.58) × ERP
WACC = 89% × Ke + 11% × Kd (56.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 173.35 Current price: 128.22
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
6 Rev. Ana.
3 EPS Ana.
Mar 2027
7 Rev. Ana.
5 EPS Ana.
Mar 2028
7 Rev. Ana.
6 EPS Ana.
Revenue
47.41B
est: 35.10B (+35.1%)
48.13B
est: 41.74B (+15.3%)
49.92B
est: 37.72B (+32.4%)
59.99B
est: 44.98B (+33.4%)
81.00B
est: 59.51B (+36.1%)
97.98B
est: 74.10B (+32.2%)
90.23B
est: 74.64B (+20.9%)
64.13B
59.99B – 66.08B
-14.1% YoY
71.65B
61.55B – 83.06B
+11.7% YoY
79.72B
79.46B – 79.98B
+11.3% YoY
EBITDA
9.87B
est: -4.28B (+330.6%)
12.67B
est: -2.90B (+536.1%)
13.41B
est: -3.75B (+457.7%)
22.50B
est: -4.38B (+613.8%)
19.83B
est: -5.04B (+493.5%)
23.68B
est: -5.89B (+502.2%)
30.49B
est: 25.62B (+19.0%)
21.79B
20.39B – 22.45B
-15.0% YoY
24.35B
20.92B – 28.22B
+11.7% YoY
27.09B
27.00B – 27.18B
+11.3% YoY
EBIT
9.75B
est: 11.73B (-16.9%)
12.59B
est: 12.55B (+0.4%)
10.65B
est: 11.56B (-7.8%)
19.12B
est: 13.50B (+41.6%)
16.28B
est: 15.53B (+4.8%)
20.01B
est: 18.15B (+10.3%)
27.60B
est: 25.49B (+8.3%)
21.68B
20.28B – 22.33B
-15.0% YoY
24.21B
20.80B – 28.07B
+11.7% YoY
26.94B
26.86B – 27.03B
+11.3% YoY
Net Income
-334.60M
est: -1.54B (+78.2%)
1.65B
est: -390.21M (+523.7%)
2.76B
est: 1.50B (+84.3%)
7.79B
est: 1.75B (+344.9%)
2.92B
est: 3.05B (-4.0%)
5.03B
est: 5.96B (-15.6%)
16.94B
est: 2.55B (+564.0%)
1.85B
1.56B – 2.13B
-27.7% YoY
2.80B
2.00B – 3.60B
+51.9% YoY
4.03B
1.79B – 4.88B
+43.9% YoY
SGA
322.47M
est: 3.09B (-89.6%)
424.06M
est: 3.77B (-88.8%)
476.93M
est: 4.10B (-88.4%)
523.33M
est: 4.78B (-89.1%)
5.66B
est: 5.50B (+2.8%)
6.68B
est: 6.43B (+3.8%)
4.46B
est: 3.10B (+43.8%)
2.64B
2.47B – 2.72B
-15.0% YoY
2.95B
2.53B – 3.42B
+11.7% YoY
3.28B
3.27B – 3.29B
+11.3% YoY
EPS
-1.19
est: 10.27 (-111.6%)
5.89
est: 10.92 (-46.1%)
9.84
est: 12.48 (-21.2%)
27.73
est: 14.78 (+87.6%)
10.42
est: 12.00 (-13.2%)
17.92
est: 9.51 (+88.3%)
60.35
est: 9.13 (+561.4%)
6.56
5.56 – 7.59
-28.1% YoY
10.33
7.13 – 12.84
+57.5% YoY
13.10
6.38 – 17.40
+26.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-26 A+ 5/5 3/5 5/5 5/5 3/5 4/5 5/5
2026-05-25 A+ 5/5 3/5 5/5 5/5 3/5 4/5 5/5
2026-05-22 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-21 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-20 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-19 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-18 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-15 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-14 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-13 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-12 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-11 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-08 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-07 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-06 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-05 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-04 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-30 B- 2/5 5/5 1/5 1/5 1/5 5/5 1/5
2026-04-29 B- 2/5 5/5 1/5 1/5 1/5 5/5 1/5
2026-04-28 B- 2/5 5/5 1/5 1/5 1/5 5/5 1/5
2026-04-27 B- 2/5 5/5 1/5 1/5 1/5 5/5 1/5
2026-04-24 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-23 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-22 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-21 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-20 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-17 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-16 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
4.95B
OE per share TTM
17.63
Owner's Yield
15.37%
Maintenance CapEx ratio
98.32%
Maint CapEx / Avg PPE
6.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 13 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 42.6K 0.26%
2 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 18.9K 0.48%
3 Vanguard FTSE Emerging Markets ETF VWO 0.00% 2.10M 0.06%
4 Vanguard ESG International Stock ETF VSGX 0.00% 26.3K 0.10%
5 Vanguard Total International Stock ETF VXUS 0.00% 2.30M 0.05%
6 Vanguard Total World Stock ETF VT 0.00% 133.5K 0.06%
7 Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO 0.00% 3.4K 0.22%
8 Vanguard All-Equity ETF Portfolio VEQT.TO 0.00% 10.2K 0.22%
9 Vanguard Growth ETF Portfolio VGRO.TO 0.00% 5.5K 0.22%
10 Vanguard Balanced ETF Portfolio VBAL.TO 0.00% 2.4K 0.22%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
10.80M
Shares Outstanding
280.72M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Satish Dhondulal Parakh MD and Executive & Non-Independent Director 54M male
Sanjay Prabhakar Londhe Chief Executive Officer of Projects & Whole Time Director 49M male
Ashok Motilal Katariya Executive Chairman 45M male
Ashish Ashok Kataria Whole Time Director 37M male
Rajendra C. Burad Chief Operating Officer male
Aditya Satish Parakh Chief Operating Officer male
Shrikant Shukla Chief Operating Officer male
Anil S. Gandhi Chief Operating Officer male
Paresh C. Mehta Chief Financial Officer male
Pradeep Kumar Srivastava Chief Operating Officer
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits