Ashoka Buildcon Limited (ASHOKA) AI Stock Analysis

• Market Cap: ₹52.68B
• Dividend Yield: N/A
• Average Volume (3M): 83.92K
• Price to Earnings (P/E): 3.0
• Beta (1Y): 1.47
• Revenue Growth: -8.43%
• EPS Growth: 184.27%
• Country: IN
• Employees: 1,594
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 1.10
• Shares Outstanding: 280,723,240
• 10 Day Avg. Volume: 84,426
• 30 Day Avg. Volume: 83,921
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹219.00
• Price Target Upside: 16.71% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 75 Outperform
• Price Target: ₹218.00 ▲(16.17% Upside)

Ashoka Buildcon Limited is well-positioned with strong financial performance and attractive valuation. The stock's low P/E ratio suggests it may be undervalued, offering potential for appreciation. Technical indicators are neutral, indicating a stable market position without immediate bullish or bearish signals. The absence of earnings call and corporate events data does not impact the overall positive outlook.

Ashoka Buildcon Limited Business Overview & Revenue Model

Company Description

Ashoka Buildcon Limited operates as an infrastructure development company in India. The company operates through three segments: Construction & Contract Related Activity; Built, Operate and Transfer (BOT); and Sale of Goods. It engages in the construction of infrastructure facilities on engineering, procurement, and construction basis, as well as built, operate, and transfer basis. The company undertakes various projects, such as highways, bridges, power projects, buildings, city gas distribution projects, and railways. It also sells ready mix concrete and real estate properties. In addition, the company develops software for educational institutions; distributes gas; and provides consultancy services. Ashoka Buildcon Limited was founded in 1976 and is based in Nashik, India.

How the Company Makes Money

Ashoka Buildcon Limited generates revenue primarily through its contracts in the engineering, procurement, and construction (EPC) sector, particularly in road and highway projects. The company secures long-term contracts from government and private sector clients for building and maintaining infrastructure projects. Revenue streams include project execution fees, toll collection from Build-Operate-Transfer (BOT) projects, and income from its power transmission and distribution services. Strategic partnerships with governmental bodies and financial institutions play a crucial role in facilitating project funding and execution, significantly contributing to its earnings.

Ashoka Buildcon Limited Financial Statement Overview

Summary

Ashoka Buildcon Limited displays strong financial health with robust revenue and profit growth, effective cost management, and excellent cash flow generation. The company has a manageable debt level but could benefit from increased equity to enhance financial stability.

Income Statement

Ashoka Buildcon Limited has demonstrated strong revenue growth with a 2.48% increase in Total Revenue over the past year. The company maintains a healthy Gross Profit Margin of approximately 36.73% and a Net Profit Margin of 16.88%, indicating robust profitability. Significant improvements in EBIT and EBITDA margins to 32.29% and 29.09% respectively highlight efficient operational performance.

Balance Sheet

The company exhibits a stable financial structure with a Debt-to-Equity Ratio of 0.51, indicating manageable leverage. Return on Equity stands at a strong 43.29%, suggesting effective use of equity to generate profits. The Equity Ratio is 18.85%, reflecting a balanced capital structure, though there is potential for increased equity to improve financial stability.

Cash Flow

Strong Free Cash Flow Growth of 158.12% signifies improved cash generation capability. The Operating Cash Flow to Net Income Ratio is at 0.99, reflecting efficient cash conversion from earnings. Additionally, the Free Cash Flow to Net Income Ratio of 0.92 suggests a healthy ability to generate cash relative to net income.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	100.37B	100.37B	81.00B	97.98B	54.08B	46.62B
Gross Profit	34.76B	36.86B	25.39B	31.67B	16.98B	17.64B
EBITDA	30.32B	29.20B	20.13B	23.68B	22.50B	13.41B
Net Income	16.94B	16.94B	2.92B	5.03B	7.79B	2.76B
Balance Sheet
Total Assets	207.70B	207.70B	171.45B	191.24B	154.65B	142.33B
Cash, Cash Equivalents and Short-Term Investments	5.86B	5.86B	6.13B	9.17B	4.04B	6.49B
Total Debt	19.88B	19.88B	19.09B	54.50B	36.33B	67.19B
Total Liabilities	166.11B	166.11B	151.70B	167.00B	138.65B	134.03B
Stockholders Equity	39.15B	39.15B	17.55B	22.20B	13.81B	6.19B
Cash Flow
Free Cash Flow	0.00	15.55B	3.13B	6.03B	2.08B	696.53M
Operating Cash Flow	0.00	16.73B	4.92B	7.49B	3.53B	1.55B
Investing Cash Flow	0.00	-6.26B	-2.64B	2.34B	-2.33B	-1.76B
Financing Cash Flow	0.00	-10.52B	-3.11B	-4.07B	-350.01M	-2.21B

Ashoka Buildcon Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 187.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ASHOKA, the sentiment is Negative. The current price of 187.65 is below the 20-day moving average (MA) of 190.13, below the 50-day MA of 190.52, and below the 200-day MA of 214.23, indicating a bearish trend. The MACD of 0.64 indicates Negative momentum. The RSI at 46.16 is Neutral, neither overbought nor oversold. The STOCH value of 33.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ASHOKA.

Ashoka Buildcon Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ASHOKA	75 Outperform	₹52.68B	2.99	―	―	-8.43%	184.27%
AHLUCONT	72 Outperform	₹65.09B	29.22	11.24%	0.06%	4.32%	-37.38%
JKIL	69 Neutral	₹47.30B	11.60	13.01%	0.64%	17.23%	18.23%
WELENT	65 Neutral	₹69.17B	21.76	12.70%	0.60%	14.32%	4.35%
CAPACITE	64 Neutral	₹24.51B	12.54	11.86%	―	14.40%	20.33%
PNCINFRA	57 Neutral	₹76.23B	11.35	13.62%	0.20%	-30.96%	-48.49%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

Ashoka Buildcon Limited Corporate Events

Ashoka Buildcon Reports Q1 FY26 Financial Results Amidst Revenue Decline

Ashoka Buildcon Limited reported a significant decrease in total income by 30% year-over-year for the quarter ending June 30, 2025, though EBITDA increased by 4%, indicating improved operational efficiency. Despite the challenges, the company’s BOT division saw a 13% growth in toll collection, and its order book remains robust at Rs. 15,886 crores, with a strong focus on road EPC projects.

Ashoka Buildcon Releases Q1 2025 Financial Results

Ashoka Buildcon Limited has released its unaudited standalone and consolidated financial results for the quarter ending June 30, 2025. The update, shared with the Bombay Stock Exchange and the National Stock Exchange of India, reflects the company’s ongoing financial performance and strategic positioning in the infrastructure sector. This announcement is crucial for stakeholders to assess the company’s operational efficiency and market competitiveness.