Ashoka Buildcon Limited is an infrastructure development company. It is one of the leading highway developers and is a Fortune 500 company in India. The company delivers projects in integrated hybrid annuity model (HAM) and build, operate and transfer (BOT) mode. The company is also a major player in the engineering, procurement and construction (EPC) segment.
The company, founded in 1976, is listed on the National Stock Exchange (NSE) and BSE.
The market capitalisation of Ashoka Buildcon Limited stood at over ₹3,900 crore as of December 30, 2023. Ashoka Buildcon share price has gained over 53% in the last three years.
Business Operations
Ashoka Buildcon Ltd operates within civil construction, primarily focusing on road and bridge construction in India under a BOT framework. It currently manages a significant number of toll-based BOT projects in many states. Its services include engineering, design, procurement of raw materials and equipment, and construction services. The company specialises in construction of roads, bridges, distribution transformers, electricity substations and commercial, industrial and institutional buildings for external parties.
It offers maintenance services and manufactures and sells ready-mix concrete (RMC), bitumen and pre-cast concrete poles. Moreover, the company engages in toll collection on roads and bridges constructed by third parties. Its business activities include BOT projects, goods sales, construction and contract-related endeavours.
The company has an RMC and Bitumen Division that plays a vital role in supplying high-quality ready-mix concrete (RMC) and bitumen to support the EPC division's operations. This division ensures a consistent supply of RMC with 14 RMC plants, a combined production capacity of 650 cubic meters per hour, 86 concrete transit trucks and 19 concrete pumps. It also processes bitumen into higher-grade variants suitable for road projects, catering to the EPC division's bitumen needs. The division operates a plant in Pune dedicated to bitumen processing, capable of handling 60 metric tonnes per day.
The major business verticals of Ashoka Buildcon include Highways and bridges (PPE and EPC), power, railway, buildings, city gas distribution and water management.
The company has built India's first 8-lane extra dosed cable-stayed bridge across Narmada river in Gujarat.
Ashoka Buildcon has also constructed the Eastern Peripheral Expressway, the project aimed at alleviating Delhi's congestion. Ashoka Buildcon undertook Package IV of this vital project and accomplished it within 482 working days.
Ashoka Buildcon undertook the completion work of the bridge over Roopnarayan river in West Bengal that had been abandoned for over a decade due to previous construction failures. It successfully launched a 323-metre-long, 1700-tonne steel girder assembly and completed the bridge within the scheduled time.
Ashoka Buildcon Financial Highlights
- Revenue: Ashoka Buildcon reported revenue of ₹7,703.57 crore in FY26 vs ₹10,205.42 crore in FY25. It showed a decrease of 24.51% on a yearly basis.
- Operating Profit: Ashoka Buildcon reported an operating profit of ₹3,132.34 crore in FY26 vs ₹1,554.78 crore in FY25. It showed an increase of 101.47% on a year-on-year basis.
- Net Profit: Ashoka Buildcon reported a net profit of ₹2,575.80 crore in FY26 vs ₹1,733.57 crore in FY25. It showed an increase of 48.58% on a yearly basis.
Ashoka Buildcon Quarterly Result Highlights
- Ashoka Buildcon reported revenue of ₹1,533.72 crore in Jun 2026, compared with ₹1,992.33 crore in Mar 2026, representing a decrease of 23.02% on a quarter-on-quarter (QoQ) basis.
- Ashoka Buildcon reported an operating profit of ₹172.80 crore in Jun 2026, compared with ₹159.53 crore in Mar 2026, representing an increase of 8.32% on a quarter-on-quarter (QoQ) basis.
- Ashoka Buildcon reported a profit of ₹127.17 crore in Jun 2026, compared with ₹146.81 crore in Mar 2026, reflecting a decrease of 13.38% on a QoQ basis.
- The earnings per share (EPS) of Ashoka Buildcon stood at ₹90.84 during Jun 2026.
Data Source: BSE, Company announcements
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