Ashoka Buildcon Earnings Call Transcript: Key Takeaways
Consolidated Q2 income fell 15% and posted a ₹118.96 Cr loss. Management cut its FY27 revenue target to flat-to-5% and hedged heavily.
- Call
- Guides 5% growth
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Consolidated Q2 income fell 15% and posted a ₹118.96 Cr loss. Management cut its FY27 revenue target to flat-to-5% and hedged heavily.
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'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 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.
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.
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 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'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.
Ashoka Buildcon redeemed Rs.100 Crore Commercial Papers on October 19, 2026, including interest. Outstanding amount is now nil after full payment on the due date.
Ashoka Buildcon Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with regulatory disclosure requirements.