Ashoka Buildcon Ltd

Ashoka Buildcon Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ashoka Buildcon Ltd

₹ 231 -0.15%
22 Nov - close price
ashokabuildcon.com BSE: 533271 NSE: ASHOKA
About

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]

Key Points

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]

Website BSE NSE
  • Market Cap ₹ 6,493 Cr.
  • Current Price ₹ 231
  • High / Low ₹ 285 / 131
  • Stock P/E 23.8
  • Book Value ₹ 139
  • Dividend Yield 0.00 %
  • ROCE 12.1 %
  • ROE 7.88 %
  • Face Value ₹ 5.00
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Pros

  • Debtor days have improved from 65.5 to 51.9 days.

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.343 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

Part of BSE SmallCap BSE Allcap BSE Industrials Nifty Microcap 250 Nifty Total Market

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
917 1,104 1,595 1,479 1,280 1,559 2,044 1,532 1,561 2,134 2,500 1,877 1,418
812 983 1,403 1,334 1,168 1,442 1,893 1,462 1,417 1,957 2,314 1,756 1,299
Operating Profit 106 121 192 145 112 117 150 70 144 177 186 121 119
OPM % 12% 11% 12% 10% 9% 7% 7% 5% 9% 8% 7% 6% 8%
59 -741 28 31 30 31 374 25 28 28 250 24 41
Interest 21 25 23 20 36 39 46 51 53 62 62 66 71
Depreciation 17 17 20 17 18 20 19 22 25 28 30 22 25
Profit before tax 127 -661 176 139 87 89 458 22 95 115 343 57 65
Tax % 25% 5% -7% 25% 25% 25% 5% 25% 25% 25% 22% 28% 44%
96 -694 188 104 65 67 435 16 71 87 268 41 36
EPS in Rs 3.41 -24.71 6.70 3.72 2.33 2.38 15.49 0.59 2.54 3.09 9.56 1.45 1.29
Raw PDF

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 7,928
1,435 1,358 1,717 1,697 1,764 2,153 3,305 3,352 3,297 4,089 5,839 7,150 7,325
Operating Profit 202 198 250 241 243 293 515 586 520 556 534 576 603
OPM % 12% 13% 13% 12% 12% 12% 13% 15% 14% 12% 8% 7% 8%
43 32 58 96 72 98 69 145 191 -624 455 332 343
Interest 40 33 59 67 47 49 91 85 77 86 141 228 261
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 -224 773 575 580
Tax % 34% 33% 27% 32% 19% 18% 31% 28% 25% 38% 13% 23%
102 103 142 139 176 237 286 387 408 -309 671 443 432
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 15.39
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: 18%
Compounded Profit Growth
10 Years: 10%
5 Years: -2%
3 Years: -12%
TTM: 4%
Stock Price CAGR
10 Years: 10%
5 Years: 20%
3 Years: 32%
1 Year: 73%
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 Sep 2024
Equity Capital 53 79 79 94 94 94 140 140 140 140 140 140 140
Reserves 801 854 975 1,602 1,629 1,833 2,072 2,459 2,866 2,558 3,229 3,672 3,749
273 224 445 434 200 160 788 447 446 569 1,043 1,449 2,255
949 1,053 1,167 940 1,527 1,841 2,308 2,266 2,049 2,099 2,787 3,472 2,736
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 8,881
221 203 167 151 169 217 380 349 285 279 282 327 310
CWIP 21 24 20 4 16 15 6 10 2 2 28 2 9
Investments 745 976 1,097 1,230 1,306 1,346 1,364 1,411 1,458 1,063 1,373 1,484 1,482
1,089 1,008 1,382 1,685 1,959 2,348 3,559 3,542 3,756 4,023 5,517 6,920 7,079
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 8,881

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 62 52
Inventory Days 337 55 65 38 49 50 48 45 46
Days Payable 187 360 265 199 219 205 206 154 167
Cash Conversion Cycle 32 44 89 259 -222 -71 -39 -55 -40 -76 -46 -69
Working Capital Days 38 28 41 126 39 2 40 12 42 118 115 99
ROCE % 17% 18% 18% 15% 13% 17% 22% 20% 19% 19% 15% 12%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
54.48% 54.48% 54.48% 54.48% 54.48% 54.48% 54.48% 54.48% 54.48% 54.47% 54.47% 54.47%
2.40% 2.13% 2.43% 1.93% 2.00% 1.90% 2.40% 2.97% 4.51% 7.23% 7.63% 7.95%
21.87% 21.47% 19.83% 19.10% 19.47% 19.67% 18.64% 19.96% 19.72% 17.63% 19.32% 17.79%
21.25% 21.92% 23.26% 24.48% 24.05% 23.93% 24.48% 22.60% 21.28% 20.66% 18.57% 19.80%
No. of Shareholders 1,20,4431,24,4821,37,5561,39,8801,36,3981,39,8441,37,9541,34,3651,28,0211,53,5881,54,0291,59,570

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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