Ashoka Buildcon Ltd

NSE: ASHOKA BSE: 533271

₹117.10

(3.82%)

Sun, 06 Sept 2026, 09:20 pm

Market Cap (in Cr)3377.1

PE Ratio1.33

Dividend0

Industrial Services

Engineering & Construction

24.5K

Ashoka Buildcon Analysis

Pros

Dividends after 3 years are expected to be well covered by earnings (5.4x coverage).

Cons

Unable to calculate sustainability of dividends as Ashoka Buildcon has not reported any payouts.
Unable to evaluate Ashoka Buildcon's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Ashoka Buildcon's dividend against the top 25% market benchmark as the company has not reported any payouts.

Pros

Ashoka Buildcon is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
Performance (ROE) is expected to be above the current IN Construction industry average.
An improvement in Ashoka Buildcon's performance (ROE) is expected over the next 3 years.
Ashoka Buildcon's revenue growth is expected to exceed the India market average.

Cons

Cash flow for Ashoka Buildcon is expected to increase but not above the 50% threshold in 2 years time.
Ashoka Buildcon's earnings are expected to grow by 4% yearly, however this is not considered high growth (20% yearly).
Ashoka Buildcon's earnings growth is positive but not above the India market average.
Ashoka Buildcon's earnings growth is positive but not above the low risk savings rate of 7.2%.
Ashoka Buildcon's earnings are expected to decrease over the next year.
Ashoka Buildcon's net income is expected to decrease over the next 2 years.
Ashoka Buildcon's revenue is expected to increase but not above the 50% threshold in 2 years time.
Ashoka Buildcon's revenue is expected to grow by 13.3% yearly, however this is not considered high growth (20% yearly).

Pros

Cons

Ashoka Buildcon's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Debt is not well covered by operating cash flow (18.4%, less than 20% of total debt).
Debt is not covered by short term assets, assets are 0.6x debt.
Ashoka Buildcon's long term commitments exceed its cash and other short term assets.
The level of debt compared to net worth has increased over the past 5 years (217.6% vs 1072.5% today).
Interest payments on debt are not well covered by earnings (EBIT is 1.3x annual interest expense, ideally 3x coverage).
Ashoka Buildcon's level of debt (1072.5%) compared to net worth is high (greater than 40%).

Pros

The tenure for the Ashoka Buildcon board of directors is about average.
Satish's compensation has increased in line with Ashoka Buildcon recently becoming profitable.
More shares have been bought than sold by Ashoka Buildcon individual insiders in the past 3 months.
The average tenure for the Ashoka Buildcon management team is over 5 years, this suggests they are a seasoned and experienced team.

Cons

Satish's remuneration is higher than average for companies of similar size in India.

Pros

Cons

Pros

Ashoka Buildcon used its assets more efficiently than the IN Construction industry average last year based on Return on Assets.
Ashoka Buildcon has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).

Cons

Ashoka Buildcon has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
Ashoka Buildcon's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
Whilst Ashoka Buildcon has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
Ashoka Buildcon has become profitable in the last year making it difficult to compare the IN Construction industry average.

Pros

Ashoka Buildcon's share price is below the future cash flow value, and at a moderate discount (> 20%).
Ashoka Buildcon's share price is below the future cash flow value, and at a substantial discount (> 40%).
Ashoka Buildcon is good value based on earnings compared to the India market.

Cons

Ashoka Buildcon is overvalued based on assets compared to the IN Construction industry average.
Ashoka Buildcon is poor value based on expected growth next year.
Ashoka Buildcon is overvalued based on earnings compared to the IN Construction industry average.
533271 underperformed the Construction industry which returned -40% over the past year.
533271 underperformed the Market in India which returned -14.5% over the past year.
BSE:533271 is flat (-0.7%) underperforming the Construction industry which returned 7.1% over the past month.
BSE:533271 is flat (-0.7%) underperforming the market in India which returned 8% over the past month.