Ashoka Buildcon Limited
Headquartered in Nashik and a part of the Ashoka Buildcon Group, ABL is a leading infrastructure construction firm in India, specialising in the road, building, and power sectors. Since its establishment in 1993, the firm expanded from its initial co...
Key Metrics
EPS
17.92
Current ratio
0.92
Debt/Equity
3.91
Debt/EBITDA
3.82
Interest coverage ratio
1.66
Operating Cashflow to total debt
0.08
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Established track record of operations in construction industry and experienced management
Large operational portfolio available for monetisation, increasing its financial flexibility
Healthy growth in scale of operations despite moderate profitability
Diversified order book position providing moderate revenue visibility in medium term
Government thrust on infrastructure development
Liquidity: Strong
Cons
Working capital intensive operations
Moderate leverage and debt coverage indicators despite expected improvement in FY25
Risk related to intense competition in industry
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About Ashoka Buildcon Limited bond.
This comprehensive profile covers key factual information about ASHOKA BUILDCON LIMITED. Headquartered in Nashik and a part of the Ashoka Buildcon Group, ABL is a leading infrastructure construction firm in India, specialising in the road, building, and power sectors. Since its establishment in 1993, the firm expanded from its initial concentration on building projects to a significant role in highway development, beginning with its first BOT project in 1997. Presently, ABL's activities span across roads, power T&D, railways, buildings and sewage water. The company ventured in commercial gas distribution in 2016, from which, it exited in 2024. ABL is listed on the Bombay Stock Exchange and National Stock Exchange. EPS in Mar-2024 was 17.92. Current ratio in Mar-2024 was 0.92. Debt/Equity in Mar-2024 was 3.91. Debt/EBITDA in Mar-2024 was 3.82. Interest coverage ratio in Mar-2024 was 1.66. Operating Cashflow to total debt in Mar-2024 was 0.08. Total revenue for Mar-2025(E) was ₹10967.76. Net income for Mar-2025(E) stood at ₹2912.08. Total assets as of Mar-2024 were ₹19,005.17. Operating cash flow for Mar-2024 was ₹748.84. The company’s borrowing relationships include Bandhan Bank Limited. (₹N/A Cr), Proposed (₹N/A Cr), Proposed (₹N/A Cr). Peers and comparison entities consist of ASHOKA BUILDCON LIMITED, Larsen and Toubro Limited, GMR Airports Limited, IRB Infrastructure Developers Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Established track record of operations in construction industry and experienced management; Large operational portfolio available for monetisation, increasing its financial flexibility; Healthy growth in scale of operations despite moderate profitability; Diversified order book position providing moderate revenue visibility in medium term; Government thrust on infrastructure development; Liquidity: Strong. Key risks include: Working capital intensive operations; Moderate leverage and debt coverage indicators despite expected improvement in FY25; Risk related to intense competition in industry. Leadership team details include Ashish Kataria (Whole Time Director), Ashok Katariya (Executive Chairman), Mahendra Mehta (Independent Director), Manoj Kulkarni (Company Secretary & Compliance Officer), Mario Nazareth (Independent Director), Nikhilesh Panchal (Independent Director), Paresh Mehta (Chief Financial Officer), Sanjay Londhe (Whole Time Director), Satish Parakh (Managing Director), Shilpa Hiran (Independent Director). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.