1. Ashoka Buildcon
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78% Buy

Ashoka Buildcon Share Price

ASHOKA

₹173.30+₹2.75 (1.61%) Past YearLast updated on 19 Apr, 2024 | 03:57 PM IST
₹167.65₹175.00
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Company overview

About

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Market cap

Market Cap Switch₹4,788 Cr

Open

₹169.10

Close

₹170.55

Circuit range

₹204.65 - ₹136.45

Day range

₹167.65 - ₹175.00

Year range

₹74.65 - ₹195.50

Volume

13,85,742

Avg. traded

₹171.93

Revenue (12m)

₹9,205 Cr

Ashoka Buildcon

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.

Financial Highlights

  • The company’s revenue from operations for the FY23 stood at ₹8,100.48 crore, up 36.2% from ₹5,945.8 crore in the preceding financial year.
  • The company recorded a net profit of ₹375.31 crore in FY23 against ₹772.71 crore in FY22.
  • Its operating profit (EBITDA) margin dropped to 9.87% in FY23 compared to 14.6% in FY22.
  • The company's earnings per share (EPS) stood at ₹13.23 in FY23 compared to ₹27.73 in the previous financial year.

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Ashoka Buildcon Key indicators

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52 week high

₹195.50

52 week low

₹74.65

P/E ratio

15

P/B ratio

2.37

ROE

22.12%

ROCE

23.98%

Dividend yield

--

Debt/Equity ratio

0.3

EPS

23.91

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Investment checklist: (4/6)

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Equity returns

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Dividend returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

78%

Hold

22%

Sell

0%

This analysis is based on the reviews of 9 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

10.03%

Net profit margin

10.53%

ROE

22.12%

ROA

10.79%

ROCE

23.98%

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Ashoka Buildcon Shareholder returns

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1 day

-0.79%

1 week

-1.95%

1 month

+8.60%

3 months

+5.96%

1 year

+97.40%

3 years

+86.90%

5 years

+29.55%

Revenue statement

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
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Empty state

No data available at the moment

Ashoka Buildcon Share Price history

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DayOpenCloseDay’s change
Fri, Apr 19 2024
₹169.10
₹173.30
+2.42%
Thu, Apr 18 2024
₹172.00
₹170.55
-0.85%
Tue, Apr 16 2024
₹166.90
₹171.90
+2.91%
Mon, Apr 15 2024
₹149.05
₹169.15
+11.88%
Fri, Apr 12 2024
₹172.00
₹171.15
-0.50%
Wed, Apr 10 2024
₹173.50
₹172.90
-0.35%
Tue, Apr 9 2024
₹173.65
₹173.95
+0.17%
Mon, Apr 8 2024
₹173.95
₹173.05
-0.52%

Shareholding info

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Promoters (54.48%)

Mutual Funds (18.58%)

Retail and other (21.28%)

Foreign institutions-FII (4.51%)

Other domestic institutions (1.14%)

Promoters

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Events

Empty state

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Frequently asked questions