ALFA Finder| Management target | Revenue 5.0% FY27 |
|---|
| Revenue growth | Consolidated income down ~15% YoY; standalone roughly flat. |
|---|---|
| Margins | Standalone Q2 EBITDA margin 9.88%; H2 guided 9–9.5%. |
| Order book | ₹15,964 Cr at 30 Sep; ₹17,222 Cr incl. post-quarter orders. |
| Demand visibility | H1 awards up 62.9%; construction down 18%; execution slow. |
| Management confidence | Defensive; guidance cut from 10–15% to ~5% growth. |
Growth
Consolidated income down 15% YoY; standalone PAT ₹37.96 Cr vs ₹139.18 Cr, with the prior base including ₹112 Cr exceptional items.
Outlook
FY27 revenue ~5% (hedged), H2 EBITDA margin 9–9.5%, standalone debt ₹600–700 Cr by March 2027.
Risks
Consolidated loss and 15% income decline; construction down 18% in H1; third-party standalone debt ₹2,781 Cr; FY27 targets already cut.
Last quarter's promises, checked
Delivered
- FY27 EBITDA margin 9–9.5% → Q2 standalone 9.88% (= BEAT)
Partly delivered
- ₹6,000–8,000 Cr order inflow in Q2–Q4 → order book +₹713 Cr in Q2 net (₹15,251→₹15,964 Cr) (= PARTIAL)
Missed
- FY27 revenue growth 10–15% → standalone ~flat, consolidated income -15% (= MISS)
- ₹700 Cr from 4 asset sales by Sept-end → HAM monetisation still pending (= MISS)
Earnings Call Transcript filed with NSE, NSE: ASHOKA. Summary written with AI assistance from the document.
Ashoka Buildcon Ltd: key numbers
- Share price
- ₹114.38
- Market cap
- ₹3,211 Cr
- Revenue (annual)
- ₹7,520 Cr
- Net profit (annual)
- ₹2,550 Cr
- P/E (TTM)
- 1.4×Sector 33.4×
- 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 Investor Presentation: Key Takeaways
Standalone Q2 FY27 total revenue Rs1,356 Cr (+4%), EBITDA Rs134 Cr (-16%), margin 9.9%, PAT Rs38 Cr (-73%). Consolidated PAT loss Rs119 Cr on Rs318 Cr exceptional charge. Order book Rs15,964 Cr.
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.