| Revenue growth | Standalone +3.9% ops revenue; consolidated -18.7% YoY |
|---|---|
| Margins | Standalone EBITDA margin 9.9% vs 12.3%; consolidated 19.6% vs 33.6% |
| Order book | Rs15,964 Cr; State Govt 46.9%, Power T&D 23.9% |
| Demand visibility | Order book Rs15,964 Cr; L1 Rs866 Cr pending |
Growth
Standalone total revenue +4.1% YoY; EBITDA -16%, margin down 210 bps to 9.9%. Consolidated revenue -18.7% YoY; EBITDA -51%.
Outlook
No explicit guidance. Order book Rs15,964 Cr plus Rs391 Cr post-quarter wins; Angola USD72M LOA; Sakoli transmission SPV acquired.
Risks
Consolidated net loss Rs119 Cr from Rs318 Cr exceptional item; sharp margin compression; standalone PAT down 73%.
Last quarter's promises, checked
Delivered
- FY27 margin 9-9.5% → Q2 standalone 9.9% (= BEAT, one quarter only)
Partly delivered
- Inflow Rs6,000-8,000 Cr over Q2-Q4 → order book +Rs713 Cr (Rs15,251→15,964 Cr) (= PARTIAL)
- Post-sale debt Rs1,100-1,200 Cr → standalone Rs1,169 Cr; asset sales unconfirmed (= PARTIAL)
Missed
- FY27 growth 10-15% (cut from 20%) → standalone revenue +4.1% (= MISS)
- L1 Rs1,800 Cr to convert in Q2 → Rs866 Cr still L1 pending (= MISS)
- Debt ~Rs2,100 Cr (analyst-cited) → consolidated Rs2,781 Cr (= MISS)
Investor Presentation filed with NSE, NSE: ASHOKA. Summary written with AI assistance from the document.
Ashoka Buildcon Ltd: key numbers
- Share price
- ₹106.95
- Market cap
- ₹3,002 Cr
- Revenue (annual)
- ₹7,520 Cr
- Net profit (annual)
- ₹2,550 Cr
- P/E (TTM)
- 1.2×Sector 33.1×
- Promoter holding
- 54.48%+0.00% QoQ
- FII holding
- 4.18%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ashoka Buildcon Ltd
All →Ashoka Buildcon Results Update
Ashoka Buildcon's Q2 FY27 press release shows standalone PAT of Rs.37.9 crore, down from Rs.139.2 crore. Order book stands at Rs.15,964 crore.
Ashoka Buildcon Q2 FY27 Results: Net Loss of ₹119 Cr
Ashoka Buildcon approved unaudited September 2026 quarter and half-year results. The board also approved a Rs.500 Crore unsecured NCD limit and a postal ballot for subsidiary divestment.
- Key figure
- Net loss ₹119 Cr
Ashoka Buildcon Bags ₹865.9 Cr Order from National Highways Authority of India
Ashoka Buildcon was declared L1, the lowest bidder, for an NHAI Expressway EPC project in Gujarat. The quoted EPC price is Rs.865.90 Crore excluding GST, to be executed over 18 months.
- Value
- ₹865.9 Cr
- From
- National Highways Authority of India (NHAI)
- Execution
- 18 months
Ashoka Buildcon Credit Rating
ICRA reaffirmed and then withdrew Ashoka Buildcon's short-term debt rating of [ICRA] A1+ at the company's request. Other debt instruments remain rated by other agencies.
Ashoka Buildcon Board Meeting Date
Ashoka Buildcon scheduled its Board meeting for November 5, 2026, to consider Q2 FY27 financial results. No monetary value is disclosed in this advance notice.
Ashoka Buildcon Business Update
Ashoka Buildcon's SPV received COD for a further 4.221 km of its NHAI Tumkur-Shivamogga HAM road. Total completed length is 47.196 km after de-scoping.
- Execution
- Annuity operation period of 15 years from the First CoD date of October 17, 2023
- road length commissioned
- 4.221 km