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    Ashoka Buildcon Limited

    EPC and HAM infrastructure builder: highways, bridges, power T&D and railways in India and abroad.

    Construction
    Industrials
    View ASHOKA earnings calls
    ₹123.93
    -3.38% from avg

    Overview

    Price

    ₹123.93

    Market Cap

    ₹3.4k Cr

    Sector

    Construction

    Industrials

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital140140140140140140140140
    Reserves2744791.2k1.5k2.1k3.8k4.1k6.4k
    Borrowings6.3k6.7k3.6k5.5k5.5k2.0k2.0k1.6k
    Other Liabilities7.0k6.9k10.4k9.9k11.3k14.7k13.0k4.9k
    Total Liabilities13.6k14.2k15.4k17.0k19.0k20.6k19.2k13.1k
    AssetsFixed Assets7.7k7.5k1.3k6.9k6.7k1.1k1.2k1.2k
    CWIP7762736239534654
    Investments186214657311222183440
    Other Assets5.7k6.5k14.0k10.0k12.2k19.2k17.9k11.4k
    Total Assets13.6k14.2k15.4k17.0k19.0k20.6k19.2k13.1k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-901.1k1553534927491.7k655
    Cash from Investing-244-117-176-233-311258-6261.3k
    Cash from Financing311-571-221-35-311-407-1.1k-1.6k
    SummaryCapital Expenditure
    Free Cash Flow-300966732163176061.6k547
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    ASHOKA · CAPITAL_INTENSIVE

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