ASHOKA

Ashoka Buildcon Share Price

₹231.88
-11.65 (-4.78%)
07 October, 2024 13:38 BSE: 533271 NSE: ASHOKA ISIN: INE442H01029

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Ashoka Buildcon Performance

Day Range

  • Low 229
  • High 247
₹ 231

52 Week Range

  • Low 121
  • High 285
₹ 231
  • Open Price246
  • Previous Close244
  • Volume1550495

Ashoka Buildcon Chart

  • Over 1 Month -14.47%
  • Over 3 Month + 0.11%
  • Over 6 Month + 34.11%
  • Over 1 Year + 82.44%

Ashoka Buildcon Key Statistics

P/E Ratio 10.5
PEG Ratio 0.1
Market Cap Cr 6,509
Price to Book Ratio 2.7
EPS 10.1
Dividend 0
Relative Strength Index 52.36
Money Flow Index 60.64
MACD Signal -0.71
Average True Range 9.95

Ashoka Buildcon Investment Rating

  • Master Rating:
  • Ashoka Buildcon has an operating revenue of Rs. 10,328.69 Cr. on a trailing 12-month basis. An annual revenue growth of 21% is outstanding, Pre-tax margin of 9% is okay, ROE of 22% is exceptional. The company has a high debt to equity of 171%, which can be a reason to worry. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 23% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 96 which is a GREAT score indicating consistency in earnings, a RS Rating of 76 which is FAIR indicating the recent price performance, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 129 indicates it belongs to a poor industry group of Bldg-Heavy Construction and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Ashoka Buildcon Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,8772,5002,1341,5611,5322,044
Operating Expenses Qtr Cr 1,7562,3141,9571,4171,4621,893
Operating Profit Qtr Cr 12118617714470150
Depreciation Qtr Cr 223028252219
Interest Qtr Cr 666262535146
Tax Qtr Cr 16752924623
Net Profit Qtr Cr 41268877116435
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 7,8416,478
Operating Expenses Annual Cr 7,1505,839
Operating Profit Annual in Cr 576534
Depreciation Cr 10574
Interest Annual Cr 228141
Tax Annual Cr 133102
Net Profit Annual Cr 443671
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 41073
Cash from Investing Activity Annual Cr -282-391
Cash from Financing Annual Activity Cr 173336
Net Cash Flow Annual Cr 30118
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 3,8123,370
Fixed Assets Annual Cr 323311
Total Non Current Assets Annual Cr 2,4042,049
Total Current Assets Annual Cr 6,3295,151
Total Assets Annual Cr 8,7347,200
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 136120
ROE Annual % 1220
ROCE Annual % 1314
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 910
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 2,4653,0522,6572,1541,9352,448
Operating Expenses Qtr Cr 1,8662,4172,0601,6081,4621,893
Operating Profit Qtr Cr 599635597546473556
Depreciation Qtr Cr 9468103999687
Interest Qtr Cr 308334337321319288
Tax Qtr Cr 69163794825105
Net Profit Qtr Cr 1502501071126837
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 10,0058,235
Operating Expenses Annual Cr 7,5476,132
Operating Profit Annual in Cr 2,2521,969
Depreciation Cr 367341
Interest Annual Cr 1,3101,104
Tax Annual Cr 349215
Net Profit Annual Cr 503371
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 767492
Cash from Investing Activity Annual Cr 234-311
Cash from Financing Annual Activity Cr -407-311
Net Cash Flow Annual Cr 593-130
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 2,2201,755
Fixed Assets Annual Cr 6,721391
Total Non Current Assets Annual Cr 8,0941,294
Total Current Assets Annual Cr 11,03115,851
Total Assets Annual Cr 19,12417,145
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 8670
ROE Annual % 2321
ROCE Annual % 2152
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2526

Ashoka Buildcon Technicals

EMA & SMA

Current Price
₹231.88
-11.65 (-4.78%)
pointer
  • Bullish Moving Average
  • ___
  • 5
  • Bearish Moving Average
  • ___
  • 11
  • 20 Day
  • ₹240.56
  • 50 Day
  • ₹238.31
  • 100 Day
  • ₹225.98
  • 200 Day
  • ₹200.65
  • 20 Day
  • ₹244.35
  • 50 Day
  • ₹242.48
  • 100 Day
  • ₹227.87
  • 200 Day
  • ₹196.68

Ashoka Buildcon Resistance and Support

PIVOT
₹245.21
Resistance
First Resistance 249.82
Second Resistance 256.11
Third Resistance 260.72
RSI 52.36
MFI 60.64
MACD Single Line -0.71
MACD -1.11
Support
First Support 238.92
Second Support 234.31
Third Supoort 228.02

Ashoka Buildcon Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 3,305,842 114,712,717 34.7
Week 3,079,147 91,666,206 29.77
1 Month 3,145,159 95,990,263 30.52
6 Month 2,525,450 89,931,263 35.61

Ashoka Buildcon Result Highlights

Ashoka Buildcon Synopsis

NSE-Bldg-Heavy Construction

Ashoka Buildcon Ltd. 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. 6372.35 Cr. and Equity Capital is Rs. 140.36 Cr. for the Year ended 31/03/2023. 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.
Market Cap 6,836
Sales 8,072
Shares in Float 12.91
No of funds 128
Yield 0.75
Book Value 1.79
U/D Vol ratio 1.8
LTDebt / Equity 5
Alpha 0.09
Beta 1.75

Ashoka Buildcon Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 54.48%54.48%54.48%54.48%
Mutual Funds 18.08%16.49%18.58%18.82%
Insurance Companies 0.1%
Foreign Portfolio Investors 7.63%7.23%4.51%2.97%
Individual Investors 16.54%18.32%18.7%19.71%
Others 3.17%3.48%3.73%4.02%

Ashoka Buildcon Management

Name Designation
Mr. Ashok Katariya Executive Chairman
Mr. Satish Parakh Managing Director
Mr. Sanjay Londhe Whole Time Director
Mr. Ashish Kataria Whole Time Director
Mr. Sharadchandra Abhyankar Independent Director
Mr. Mahendra Mehta Independent Director
Mr. Gyanchand Daga Independent Director
Mr. Albert Tauro Independent Director
Ms. Shilpa Hiran Independent Director

Ashoka Buildcon Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Ashoka Buildcon Corporate Action

Date Purpose Remarks
2024-08-13 Quarterly Results
2024-05-22 Audited Results
2024-02-07 Quarterly Results
2023-11-08 Quarterly Results
2023-08-10 Quarterly Results

About Ashoka Buildcon

Ashoka Buildcon Ltd. is a leading infrastructure development company based in India, specializing in the construction & development of roads, highways, & urban infrastructure projects. Established in 1976, the company has a strong track record of executing largescale projects across various sectors, including transportation & urban development. Ashoka Buildcon is known for its focus on quality, timely delivery, & customer satisfaction. The company's extensive project portfolio & expertise in infrastructure development have established it as a key player in the Indian construction industry.
Ashoka Buildcon Limited is a prominent highway developer in India & a Fortune India 500 firm. The company is a combined BOT, HAM, & EPC player. Highways & Bridges, Power (EPC), Railway Works, Buildings (EPC), City Gas Distribution, & Smart Infrastructure are the segments in which it operates. It operates in more than 20 states & has completed or is currently completing 41 PPP projects.

Divestment: For Rs. 287 Cr., the company sold Mahanagar Gas Limited its 51% ownership in Unison Enviro Private Limited. The company launched UEPL in 2015 with the intention of supporting national initiatives aimed at supplying residents with cleaner energy.

For the purpose of selling a 100% stake in the Chennai ORR Project & the Jaora-Nayagaon Road Project for ₹ 686 Cr & ₹ 691 Cr, respectively, the company executed an SPA with National Investment & Infrastructure Fund Ltd.

Ashoka Buildcon FAQs

What is Share Price of Ashoka Buildcon ?

Ashoka Buildcon share price is ₹231 As on 07 October, 2024 | 13:24

What is the Market Cap of Ashoka Buildcon ?

The Market Cap of Ashoka Buildcon is ₹6509.4 Cr As on 07 October, 2024 | 13:24

What is the P/E ratio of Ashoka Buildcon ?

The P/E ratio of Ashoka Buildcon is 10.5 As on 07 October, 2024 | 13:24

What is the PB ratio of Ashoka Buildcon ?

The PB ratio of Ashoka Buildcon is 2.7 As on 07 October, 2024 | 13:24

Is it a good time to buy Ashoka Buildcon shares?

Evaluate the company's performance in infrastructure development & its project pipeline before investing.
 

What are the most important metrics that can help to analyze the share price of Ashoka Buildcon?

Key metrics include project execution capabilities, order book size, & profit margins.

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