This is a numbers-first look at Ashoka Buildcon Limited (ASHOKA), covering income trends, margins, valuation, and shareholding.
Ashoka Buildcon Revenue Trend
Compared to ₹10,005 Cr in FY2024, Ashoka Buildcon Limited's FY2025 revenue of ₹10,205 Cr marks a 2.0% improvement.
Over 10 years, Ashoka Buildcon Limited has compounded revenue at 16.0% annually — a strong clip that puts it among the faster growers in its space.
At ₹10,205 Cr in annual revenue, Ashoka Buildcon Limited is one of the major players in the construction space.
Revenue has moved in the same direction for 4 years running, suggesting the growth trend has structural legs.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹10,205 Cr | +2.0% |
| FY2024 | ₹10,005 Cr | +21.5% |
| FY2023 | ₹8,235 Cr | +34.0% |
| FY2022 | ₹6,147 Cr | +23.1% |
| FY2021 | ₹4,992 Cr | — |
View Ashoka Buildcon Limited's full 10-year revenue trend with CAGR analysis →
Ashoka Buildcon Profitability
Ashoka Buildcon Limited's bottom line improved to ₹1,734 Cr in FY2025, a 232.6% increase over the prior year.
On the margin front, there's improvement — net margin went from 5.2% in FY2024 to 17.0% in FY2025.
On a per-share basis, diluted earnings were ₹60.35 in FY2025 versus ₹17.92 in FY2024.
Is Ashoka Buildcon Undervalued
Running the numbers through the P/E Ratio model gives a fair value of ₹431 for Ashoka Buildcon Limited.
Ashoka Buildcon Limited shares are currently trading at ₹123.90.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹431 | 248.1% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Ashoka Buildcon Limited with detailed assumptions →
Ashoka Buildcon Shareholding Pattern
Promoters haven't moved — their 54.5% holding has been unchanged for 4 quarters.
Foreign investors held 5.9% of the company as of March 2026, down year-over-year from 7.3%.
Domestic institutional investors (DIIs) held 14.4% as of March 2026, up from 14.2% a year ago.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 54.5% | 5.9% | 14.4% | 25.2% |
| Dec 2025 | 54.5% | 7.5% | 14.4% | 23.6% |
| Sep 2025 | 54.5% | 7.5% | 14.1% | 24.0% |
| Jun 2025 | 54.5% | 7.3% | 14.2% | 24.1% |
Track quarterly shareholding changes for Ashoka Buildcon Limited →
Ashoka Buildcon Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
In FY2025, the total asset base came in at ₹207.70B, up 8.6% YoY from ₹191.24B.
Other Assets accounts for 73.2% of the total, ahead of Receivables (17.1%) and Intangibles & Goodwill (3.5%).
Capital structure: 20.0% equity, 9.6% debt, 70.4% operating liabilities. Over the year, debt is down 63.5% and equity is up 71.5%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 3.77B |
| Receivables | 35.44B |
| Inventories | 5.39B |
| Property, Plant & Equipment | 3.76B |
| Investments | 116.72M |
| Intangibles & Goodwill | 7.21B |
| Other Assets | 152.01B |
| Category | Value |
|---|---|
| Equity | 41.59B |
| Short-term Debt | 12.32B |
| Long-term Debt | 7.56B |
| Trade Payables | 12.82B |
| Other Liabilities | 133.41B |
Ashoka Buildcon — The Bottom Line
What should investors take away from Ashoka Buildcon Limited's (ASHOKA) latest numbers? Here's the summary.
Revenue of ₹10,205 Cr in FY2025, up 2.0% year-over-year.
Long-term revenue has been compounding at 16.0% annually over 10 years.
The company is profitable, with a net margin of 17.0% and net income of ₹1,734 Cr.
The P/E Ratio model implies 248.1% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
There's more to the story. Craytheon's full profile for Ashoka Buildcon Limited includes three valuation models, decade-long financials, and insider activity.