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.
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.
As of 25 May 2026, Ashoka Buildcon share price is ₹123.27. The stock opened at ₹124.19, compared to its previous close of ₹123.44. During today's trading session, Ashoka Buildcon share price moved in the range of ₹122.96 to ₹125.40, with an average price of ₹124.18 for the day. Looking at its last 52-week, the stock has touched a low of ₹122.96 and a high of ₹125.40. On the performance front, Ashoka Buildcon share price has declined by 30.63% over the last six months and is down 41.63% on a year-on-year basis.
The market capitalization of Ashoka Buildcon is ₹3,466 Crs, with a P/E ratio of 1.4 and a dividend yield of 0.00%.