Ashoka Buildcon Ltd
Ashoka Buildcon Ltd is engaged in the business of construction and infrastructure facilities on EPC and BOT basis. It is also involved in the sale of RMC (ready mix concrete).[1]
- Market Cap ₹ 6,555 Cr.
- Current Price ₹ 234
- High / Low ₹ 272 / 100
- Stock P/E 21.3
- Book Value ₹ 136
- Dividend Yield 0.00 %
- ROCE 12.2 %
- ROE 7.91 %
- Face Value ₹ 5.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.7% over last 3 years.
- Earnings include an other income of Rs.330 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,638 | 1,557 | 1,967 | 1,938 | 2,006 | 2,446 | 3,821 | 3,937 | 3,818 | 4,645 | 6,372 | 7,727 | 8,072 | |
1,435 | 1,358 | 1,717 | 1,697 | 1,764 | 2,153 | 3,305 | 3,352 | 3,297 | 4,089 | 5,839 | 7,150 | 7,444 | |
Operating Profit | 202 | 198 | 250 | 241 | 243 | 293 | 515 | 586 | 520 | 556 | 534 | 576 | 628 |
OPM % | 12% | 13% | 13% | 12% | 12% | 12% | 13% | 15% | 14% | 12% | 8% | 7% | 8% |
43 | 32 | 58 | 96 | 72 | 98 | 69 | 145 | 191 | -624 | 455 | 332 | 330 | |
Interest | 40 | 33 | 59 | 67 | 47 | 49 | 91 | 85 | 77 | 86 | 141 | 228 | 243 |
Depreciation | 50 | 43 | 55 | 67 | 51 | 53 | 76 | 111 | 87 | 70 | 74 | 105 | 105 |
Profit before tax | 155 | 153 | 194 | 203 | 216 | 289 | 417 | 534 | 547 | -224 | 773 | 575 | 610 |
Tax % | 34% | 33% | 27% | 32% | 19% | 18% | 31% | 28% | 25% | 38% | 13% | 23% | |
102 | 103 | 142 | 139 | 176 | 237 | 286 | 387 | 408 | -309 | 671 | 443 | 467 | |
EPS in Rs | 4.31 | 4.37 | 5.98 | 4.95 | 6.27 | 8.44 | 10.19 | 13.79 | 14.54 | -10.99 | 23.91 | 15.77 | 16.64 |
Dividend Payout % | 21% | 23% | 16% | 20% | 17% | 6% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 17% |
5 Years: | 15% |
3 Years: | 26% |
TTM: | 26% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | -2% |
3 Years: | -11% |
TTM: | 20% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 19% |
3 Years: | 32% |
1 Year: | 128% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 14% |
3 Years: | 13% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 53 | 79 | 79 | 94 | 94 | 94 | 140 | 140 | 140 | 140 | 140 | 140 |
Reserves | 801 | 854 | 975 | 1,602 | 1,629 | 1,833 | 2,072 | 2,459 | 2,866 | 2,558 | 3,229 | 3,672 |
273 | 224 | 445 | 434 | 200 | 160 | 788 | 447 | 446 | 569 | 1,002 | 1,449 | |
949 | 1,053 | 1,167 | 940 | 1,527 | 1,841 | 2,308 | 2,266 | 2,049 | 2,099 | 2,828 | 3,472 | |
Total Liabilities | 2,076 | 2,210 | 2,666 | 3,070 | 3,450 | 3,927 | 5,309 | 5,312 | 5,501 | 5,366 | 7,200 | 8,734 |
221 | 203 | 167 | 151 | 169 | 217 | 380 | 349 | 285 | 279 | 282 | 327 | |
CWIP | 21 | 24 | 20 | 4 | 16 | 15 | 6 | 10 | 2 | 2 | 28 | 2 |
Investments | 745 | 976 | 1,097 | 1,230 | 1,306 | 1,346 | 1,364 | 1,411 | 1,458 | 1,063 | 1,354 | 1,484 |
1,089 | 1,008 | 1,382 | 1,685 | 1,959 | 2,348 | 3,559 | 3,542 | 3,756 | 4,023 | 5,536 | 6,920 | |
Total Assets | 2,076 | 2,210 | 2,666 | 3,070 | 3,450 | 3,927 | 5,309 | 5,312 | 5,501 | 5,366 | 7,200 | 8,734 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
427 | 338 | -75 | -350 | 442 | 498 | 8 | 741 | 131 | 161 | 73 | 410 | |
-324 | -234 | -91 | -15 | -146 | -334 | -552 | -57 | -206 | -252 | -391 | -282 | |
-108 | -103 | 162 | 388 | -184 | -18 | 473 | -448 | -74 | 25 | 336 | 173 | |
Net Cash Flow | -5 | 1 | -4 | 23 | 112 | 146 | -71 | 237 | -149 | -65 | 18 | 301 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 32 | 44 | 89 | 109 | 83 | 128 | 122 | 116 | 115 | 82 | 57 | 52 |
Inventory Days | 337 | 55 | 65 | 38 | 49 | 50 | 48 | 45 | 24 | |||
Days Payable | 187 | 360 | 265 | 199 | 219 | 205 | 206 | 154 | 86 | |||
Cash Conversion Cycle | 32 | 44 | 89 | 259 | -222 | -71 | -39 | -55 | -40 | -76 | -52 | -10 |
Working Capital Days | 38 | 28 | 41 | 126 | 39 | 2 | 40 | 12 | 42 | 118 | 110 | 99 |
ROCE % | 17% | 18% | 18% | 15% | 13% | 17% | 22% | 20% | 19% | 19% | 15% | 12% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
21h - Copies of newspaper publication published in Free Press Journal (English) and Punyanagari (Vernacular - Marathi) dated August 31, 2024, in connection with notice of 31st …
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Change In Credit Rating Of Subsidiary Of The Company
21h - ICRA Limited, the Credit Rating Agency (ICRA) has withdrawn the Credit Ratings issued ([ICRA]A (Stable); Reaffirmed), to Ashoka Concessions Limited (ACL), since there are no …
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Announcement under Regulation 30 (LODR)-Issue of Securities
1d - Company has issued Commercial Papers (CP) of Rs. 50 Crore on August 30, 2024.
- Intimation of Repayment of Commercial Paper (CP) 26 Aug
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Lowest Bidder
24 Aug - The Company had submitted bid to MMRDA Project. The company has emerged as L1 for the Project.
Annual reports
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Financial Year 2023
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Concalls
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Company Overview
Ashoka Buildcon Limited is a Fortune India 500 company and one of the leading highway developers in India. The company is an integrated EPC, BOT, and HAM player. It is engaged in segments that are Highways & Bridges, Power (EPC), Railway Works, Buildings (EPC), City Gas Distribution, and Smart Infrastructure. It has executed/been executing 41 PPP Projects and has a presence in 20+ states. [1] [2]