| Management target | Revenue 12.5% FY27 |
|---|
| Revenue growth | Flat YoY at ₹1,320 Cr; Q1 impacted by supply chain issues. |
|---|---|
| Margins | EBITDA margins fell to 9.5%; guidance lowered due to cost pressure. |
| Order book | ₹15,251 Cr as of June 2026; roughly 2.5x book-to-bill ratio. |
| Demand visibility | Subdued domestic road awarding; strong pipeline in railways and international projects. |
| Management confidence | Cautiously optimistic; shifting focus to railways and power sectors for growth. |
Growth
Standalone revenue flat at ₹1,320 Cr; EBITDA margins contracted significantly to 9.5% from higher execution costs.
Outlook
Order book stands at ₹15,251 Cr; asset monetization expected to net ₹1,150 Cr by Q4 FY27.
Risks
Lowered FY27 growth guidance to 10-15%; rising working capital debt and delayed asset sale proceeds.
Last quarter's promises, checked
Delivered
- Monetize 4 HAM assets by June 2026 → Progressed as planned (= BEAT)
- Reaffirm AA stable credit rating → Reaffirmed by Acuite (= BEAT)
Partly delivered
- Targeting ₹8,000-10,000 Cr order inflow → Secured ₹6,600 Cr ex-SPV projects (= PARTIAL)
Missed
- Guided 20% revenue growth for FY27 → Current call reports flat revenue (= MISS)
- Guided 9.5%-10.5% EBITDA margins → Delivered 9.5% (low end/contracting) (= MISS)
Earnings Call Transcript filed with BSE, NSE: ASHOKA. Summary written with AI assistance from the document.
Ashoka Buildcon Ltd: key numbers
- Share price
- ₹113.12
- Market cap
- ₹3,176 Cr
- Revenue (annual)
- ₹7,520 Cr
- Net profit (annual)
- ₹2,550 Cr
- P/E (TTM)
- 1.3×Sector 33.0×
- Promoter holding
- 54.48%+0.00% QoQ
- FII holding
- 4.39%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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