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Last Updated on: 21 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Ashoka Buildcon Ltd

About the Company - Ashoka Buildcon Ltd

Ashoka Buildcon Ltd. is a Public Limited Listed company incorporated on 13/05/1993 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L45200MH1993PLC071970 and registration number is 071970. Currently Company is involved in the business activities of Construction and maintenance of motorways, streets, roads, other vehicular and pedestrian ways, highways, bridges, tunnels and subways. Company’s Total Operating Revenue is Rs. 4591.46 Cr. and Equity Capital is Rs. 140.36 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Construction, Contracting & EngineeringS. No. 861, Ashoka House, Nasik Maharashtra 422011investors@ashokabuildcon.com
http://www.ashokabuildcon.com
Management
NamePosition Held
Mr. Ashok KatariyaExecutive Chairman
Mr. Satish ParakhManaging Director
Mr. Sanjay LondheWhole Time Director
Mr. Ashish KatariaWhole Time Director
Mr. Sharadchandra AbhyankarIndependent Director
Mr. Mahendra MehtaIndependent Director
Mr. Gyanchand DagaIndependent Director
Mr. Albert TauroIndependent Director
Ms. Shilpa HiranIndependent Director

Basic Stock Data of Ashoka Buildcon Ltd

Last Updated: July 20, 2024, 11:23 pm

Market Cap 6,199 Cr.
Current Price 221
High / Low249/89.0
Stock P/E14.0
Book Value 79.1
Dividend Yield0.00 %
ROCE35.3 %
ROE22.2 %
Face Value 5.00
PEG Ratio0.85

Data Source: screener.in

Ashoka Buildcon Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales1,1891,3051,7361,2831,2651,4401,9921,8791,8081,9562,4481,9352,154
Expenses7978891,2568868581,0421,4241,3951,3821,4661,8931,4621,608
Operating Profit392416480397407398567484425490556473546
OPM %33%32%28%31%32%28%28%26%24%25%23%24%25%
Other Income352948314036569433741-423841
Interest243240247240249255259250276290288319321
Depreciation707778637187117848288879699
Profit before tax11512920312412642126019310415213997167
Tax %39%32%25%36%38%8%14%30%37%9%75%26%29%
Net Profit70871538078389225135661383472119
EPS in Rs2.613.155.072.862.8513.988.054.792.274.851.322.414.00

Last Updated: July 10, 2024, 3:11 pm

Ashoka Buildcon Ltd Quarterly Chart

Ashoka Buildcon Ltd Profit & Loss

Last Updated: July 10, 2024, 3:11 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,5001,8531,7952,3202,8252,9733,6014,9305,0704,9925,9998,1008,494
Expenses1,1751,4811,4131,8471,9072,0372,4623,5373,4953,4554,2106,1326,429
Operating Profit3253723824739189351,1401,3931,5751,5361,7891,9692,065
OPM %22%20%21%20%33%31%32%28%31%31%30%24%24%
Other Income35141429248211117931474856478
Interest1141391342728009089941,0211,0439701,0041,1041,217
Depreciation85132139152269264291258300276338341370
Profit before tax16111412478-126-155-35131326438932588555
Tax %28%60%56%102%-77%-45%-239%131%51%38%17%37%
Net Profit1164555-1-224-225-119-40160273771373364
EPS in Rs5.263.554.113.42-3.04-7.31-3.96-1.195.899.8427.7313.2312.58
Dividend Payout %0%25%24%27%-33%-15%-13%0%0%0%0%0%

Ashoka Buildcon Ltd Profit & Loss Yearly Chart

Ashoka Buildcon Ltd Growth

Compounded Sales Growth
10 Years:19%
5 Years:15%
3 Years:25%
TTM:21%
Compounded Profit Growth
10 Years:22%
5 Years:61%
3 Years:17%
TTM:6%
Stock Price CAGR
10 Years:9%
5 Years:14%
3 Years:30%
1 Year:154%
Return on Equity
10 Years:13%
5 Years:33%
3 Years:30%
Last Year:22%

Last Updated: July 17, 2024, 5:57 pm

Ashoka Buildcon Ltd Balance Sheet

Last Updated: July 10, 2024, 3:11 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital53537979949494140140140140140140
Reserves9799981,1841,2781,6213762221472744791,2401,6141,794
Preference Capital300000000230
Borrowings1,7072,4543,1933,8734,6924,7545,1016,0446,2626,7163,6331,9092,249
Other Liabilities2,6358,9349,0639,4374,5715,5806,1336,7706,9586,88110,39113,46113,613
Total Liabilities5,37412,43913,51814,66710,97710,80411,55013,10113,63414,21715,40517,12417,796
Fixed Assets1,6261,5004,02512,5718,5158,0167,8757,8747,6937,4881,309329366
CWIP2,6789,6107,962151203746587762736247
Investments205282285240228186247284186214653228
Other Assets8651,0461,2461,7052,2152,5653,3814,8855,6786,45413,95916,70117,355
Total Assets5,37412,43913,51814,66710,97710,80411,55013,10113,63414,21715,40517,12417,796

Ashoka Buildcon Ltd Reserves and Borrowings Chart

Ashoka Buildcon Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 6,500386390251827621-901,070155353492749
Cash from Investing Activity -7,074-922-812-104-63-315-244-117-176-233-311234
Cash from Financing Activity 57657936925-866-98311-571-221-35-311-407
Net Cash Flow243-53172-101208-24381-24285-130575

Ashoka Buildcon Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days172757674470786766464139
Inventory Days4432201841031371231087737
Days Payable22335128522923220620614584
Cash Conversion Cycle172757287-87-31-48-28-17-52-28-7
Working Capital Days-22-21115-102-114-70-110-21774612
ROCE %8%6%7%11%12%18%20%20%20%25%39%

Ashoka Buildcon Ltd Financial Efficiency Indicators Chart

Ashoka Buildcon Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters54.48%54.48%54.48%54.48%54.48%54.48%54.48%54.48%54.48%54.48%54.48%54.48%
FIIs3.97%3.48%2.80%2.40%2.13%2.43%1.93%2.00%1.90%2.40%2.97%4.51%
DIIs27.43%24.31%23.01%21.87%21.47%19.83%19.10%19.47%19.67%18.64%19.96%19.72%
Public14.12%17.73%19.70%21.25%21.92%23.26%24.48%24.05%23.93%24.48%22.60%21.28%
No. of Shareholders71,18694,8331,10,9751,20,4431,24,4821,37,5561,39,8801,36,3981,39,8441,37,9541,34,3651,28,021

Ashoka Buildcon Ltd Shareholding Pattern Chart

No. of Ashoka Buildcon Ltd Shareholders

Ashoka Buildcon Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Balanced Advantage Fund - Regular Plan14,834,0800.28181.55,244,7662024-07-19182.84%
Kotak Multicap Fund9,774,9691.89119.65,244,7662024-07-1986.38%
HDFC Housing Opportunities Fund5,293,7755.5764.775,244,7662024-07-190.93%
Nippon India Multi Cap Fund5,244,7660.3164.175,244,7662024-07-190%
HDFC Capital Builder Value Fund - Regular Plan3,724,0140.7945.565,244,7662024-07-19-29%
Nippon India Small Cap Fund3,266,9720.1139.975,244,7662024-07-19-37.71%
L&T Flexicap Fund - Regular Plan4,463,3891.1533.035,244,7662024-07-19-14.9%
HSBC Flexi Cap Fund2,311,4800.7828.285,244,7662024-07-19-55.93%
Kotak Tax Saver Fund - Regular Plan1,500,0000.4418.355,244,7662024-07-19-71.4%
ICICI Prudential Infrastructure Fund1,399,7710.5317.135,244,7662024-07-19-73.31%

Ashoka Buildcon Ltd ROCE Trend

Ashoka Buildcon Ltd EPS Trend

Ashoka Buildcon Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue5.005.005.005.005.00
Basic EPS (Rs.)17.9213.2327.739.845.89
Diluted EPS (Rs.)14.1113.2327.739.845.89
Cash EPS (Rs.)32.2825.3739.1418.9515.98
Book Value[Excl.RevalReserv]/Share (Rs.)86.3770.3556.9929.5819.32
Book Value[Incl.RevalReserv]/Share (Rs.)86.3770.3556.9929.5819.32
Revenue From Operations / Share (Rs.)349.04288.56211.80177.82180.62
PBDIT / Share (Rs.)87.5774.9369.0159.3459.02
PBIT / Share (Rs.)74.5162.7856.9649.5148.34
PBT / Share (Rs.)31.6420.8932.8214.9711.21
Net Profit / Share (Rs.)19.2213.2227.099.125.30
NP After MI And SOA / Share (Rs.)17.9213.2327.739.845.89
PBDIT Margin (%)25.0825.9632.5833.3632.67
PBIT Margin (%)21.3421.7526.8927.8426.76
PBT Margin (%)9.067.2415.498.416.20
Net Profit Margin (%)5.504.5812.795.122.93
NP After MI And SOA Margin (%)5.134.5813.095.533.26
Return on Networth / Equity (%)22.6521.1656.3844.6039.90
Return on Capital Employeed (%)20.8751.7930.1314.1414.89
Return On Assets (%)2.632.165.031.941.21
Long Term Debt / Equity (X)1.710.432.139.4913.42
Total Debt / Equity (X)2.451.092.629.9514.04
Asset Turnover Ratio (%)0.540.490.460.390.42
Current Ratio (X)1.211.151.120.880.77
Quick Ratio (X)1.131.111.070.790.67
Inventory Turnover Ratio (X)5.710.000.000.000.00
Interest Coverage Ratio (X)1.881.911.931.721.59
Interest Coverage Ratio (Post Tax) (X)1.331.401.431.261.14
Enterprise Value (Cr.)9228.393676.485520.308599.226349.21
EV / Net Operating Revenue (X)0.940.450.921.721.25
EV / EBITDA (X)3.751.752.855.163.83
MarketCap / Net Operating Revenue (X)0.440.250.400.570.22
Price / BV (X)1.981.181.744.612.80
Price / Net Operating Revenue (X)0.440.250.400.570.22
EarningsYield0.110.170.320.090.14

Ashoka Buildcon Ltd Profitability Ratios (%)

Ashoka Buildcon Ltd Liquidity Ratios

Ashoka Buildcon Ltd Liquidity Ratios (%)

Ashoka Buildcon Ltd Interest Coverage Ratios (%)

Ashoka Buildcon Ltd Valuation Ratios

Strength and Weakness of Ashoka Buildcon Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 15.50%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -23.33, which is a positive sign.
  3. The company has shown consistent growth in sales (3.54 cr) and profit (240.85 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 7.50, which may not be favorable.
  2. The company has higher borrowings (4,507.25) compared to reserves (959.42), which may suggest financial risk.

FAQ

What is the latest fair value of Ashoka Buildcon Ltd?

The latest fair value of Ashoka Buildcon Ltd is ₹0.00.

What is the Market Cap of Ashoka Buildcon Ltd?

The Market Cap of Ashoka Buildcon Ltd is 6,199 Cr..

What is the current Stock Price of Ashoka Buildcon Ltd as on 20 July 2024?

The current stock price of Ashoka Buildcon Ltd as on 20 July 2024 is 221.

What is the High / Low of Ashoka Buildcon Ltd stocks in FY 2024?

In FY 2024, the High / Low of Ashoka Buildcon Ltd stocks is 249/89.0.

What is the Stock P/E of Ashoka Buildcon Ltd?

The Stock P/E of Ashoka Buildcon Ltd is 14.0.

What is the Book Value of Ashoka Buildcon Ltd?

The Book Value of Ashoka Buildcon Ltd is 79.1.

What is the Dividend Yield of Ashoka Buildcon Ltd?

The Dividend Yield of Ashoka Buildcon Ltd is 0.00 %.

What is the ROCE of Ashoka Buildcon Ltd?

The ROCE of Ashoka Buildcon Ltd is 35.3 %.

What is the ROE of Ashoka Buildcon Ltd?

The ROE of Ashoka Buildcon Ltd is 22.2 %.

What is the Face Value of Ashoka Buildcon Ltd?

The Face Value of Ashoka Buildcon Ltd is 5.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Ashoka Buildcon Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE