- Total income
- ₹10,206 Cr
- Profit
- ₹1,694 Cr

About Ashoka Buildcon Limited
Data last updated:
Ashoka Buildcon Limited is a public limited company based in Nashik, Maharashtra, India. It operates in the engineering sector. It was incorporated on 13 May 1993 and has been in existence for over 33 years.
Ashoka Buildcon is ranked #259 on the Fortune India 500 (2025). Its director Ashok Motilal Katariya and family are #1,277 among India's richest people (2026). Its director Satish D Parakh and family are #1,427 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L45200MH1993PLC071970. Its GSTIN is 27AABCA9292J1ZA (Maharashtra). The company holds 29 GST registrations, of which 26 are active. Its shares are listed on BSE: 533271 and NSE: ASHOKA.
The company has an authorised share capital of ₹141 Cr and a paid-up capital of ₹140.36 Cr. It is led by directors including Satish Dhondulal Parakh (Managing Director) and Ashok Motilal Katariya (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S.No.861 Ashokahouseashokamarg Vadala, Nashik, Maharashtra, India – 422011.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹7,519.88 Cr, a decline of 25.1% compared to the previous year. For the same year it recorded a net profit of ₹12.8 Cr (net margin 0.2%) and EBITDA of ₹1,877.58 Cr (EBITDA margin 25%). The net worth stands at ₹6,628.35 Cr (up 66.9% YoY). Total assets are valued at ₹10,879 Cr (down 35.2% YoY).
The company has about 2,256 employees on its provident fund (EPFO) records. Its group structure includes 38 subsidiaries and 2 joint ventures.
The company is associated with 2 brands: Ashoka Banwara Bettadahalli and Ashoka Buildcon. As per MCA filings, the company has open charges of ₹12,246 Cr and satisfied charges of ₹7,080.11 Cr on record. Court records list 1,105 cases involving the company, including 701 filed by the company and 299 filed against it; 332 cases are pending. The company has 33 deals on record (24 market trades, 5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹17.73 Cr; the latest was in August 2026. Its 10 peer companies in the Power industry (EPC, BoP and BTG, Engineering Procurement and Construction) are compared by revenue, 5 larger and 5 smaller; the largest is L&T Hydrocarbon Engineering Limited with revenue of ₹15,605 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashokabuildcon.com.
CIN History of Ashoka Buildcon Limited
Ashoka Buildcon has one previous CIN (Corporate Identification Number): U45200MH1993PLC071970. The current CIN is L45200MH1993PLC071970, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45200MH1993PLC071970 | Current |
| U45200MH1993PLC071970 | Previous |
Recognitions & Rankings of Ashoka Buildcon
- #1,277 Ashok Motilal Katariya & family ₹1,800 Cr
- #1,427 Satish D Parakh & family ₹1,500 Cr
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressS.No.861 Ashokahouseashokamarg Vadala, Nashik, Maharashtra, India – 422011
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Ashoka Buildcon Limited
Ashoka Buildcon operates two associated brands: Ashoka Banwara Bettadahalli and Ashoka Buildcon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Handles highway construction and maintenance for government projects in Karnataka. | ashokabanwara.com | |
| Road construction and power transmission services are provided. | ashokabuildcon.com |
Business Activity of Ashoka Buildcon Limited
The main business activity of Ashoka Buildcon is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ashoka Buildcon Limited FY 2025-26 filings available
Ashoka Buildcon Limited reported revenue of ₹7,519.88 Cr (down 25.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 7,520 | 10,037 | 9,798 | 8,100 | 5,999 | 4,992 | 5,070 |
| Revenue growth | -25.1% | +2.4% | +21.0% | +35.0% | +20.2% | -1.6% | - |
| EBITDA | 1,878 | 2,920 | 2,233 | 1,897 | 1,789 | 1,536 | 1,575 |
| EBITDA margin | +25.0% | +29.1% | +22.8% | +23.4% | +29.8% | +30.8% | +31.1% |
| Profit before tax | 3,132 | 1,555 | 870 | 588 | 932 | 438 | 326 |
| Net profit | 12.80 | 1,674 | 439 | 327 | 505 | 276 | 160 |
| Net profit margin | +0.2% | +16.7% | +4.5% | +4.0% | +8.4% | +5.5% | +3.2% |
| EPS (₹) | 90.84 | 60.35 | 17.92 | 10.42 | 27.73 | 9.84 | 5.89 |
| Balance sheet | |||||||
| Total assets | 10,879 | 16,780 | 14,374 | 13,346 | 12,637 | 10,647 | 9,808 |
| Net worth | 6,628 | 3,971 | 2,283 | 1,676 | 1,384 | 622 | 414 |
| Total debt | 1,559 | 1,932 | 5,388 | 5,509 | 3,633 | 6,716 | 6,262 |
| Cash & bank | 663 | 377 | 816 | 580 | 729 | 631 | 754 |
| Net working capital | 4,641 | 1,697 | 1,027 | 1,154 | 1,997 | 338 | (340) |
| Cash flow | |||||||
| Cash from operations | 655 | 1,673 | 749 | 492 | 353 | 155 | 1,070 |
| Cash from investing | 1,276 | (626) | 258 | (311) | (233) | (176) | (117) |
| Cash from financing | (1,590) | (1,052) | (407) | (311) | (35.00) | (221) | (571) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,500 | 1,954 | 1,827 | 1,851 | 1,887 | 2,694 | 2,388 | 2,489 |
| Revenue growth (YoY) | -20.5% | -27.5% | -23.5% | -25.6% | -23.5% | - | - | - |
| Other income | 34.11 | 38.03 | 2,416 | 56.75 | 50.20 | 61.46 | 38.56 | 40.23 |
| EBITDA | 258 | 245 | 435 | 366 | 599 | 777 | 639 | 905 |
| EBITDA margin | +17.2% | +12.5% | +23.8% | +19.8% | +31.7% | +28.8% | +26.8% | +36.4% |
| Depreciation | 35.78 | 40.89 | 41.60 | 40.18 | 37.97 | 39.70 | 58.05 | 98.28 |
| Interest | 83.36 | 82.42 | 200 | 318 | 311 | 318 | 313 | 307 |
| Profit before tax | 173 | 160 | 2,609 | 64.24 | 300 | 481 | 307 | 540 |
| Tax | 45.62 | 12.72 | 498 | (26.45) | 72.68 | 29.60 | (355) | 77.64 |
| Net profit | 127 | 147 | 2,111 | 90.69 | 227 | 452 | 661 | 462 |
| EPS (₹) | 4.55 | 5.10 | 75.21 | 2.78 | 7.74 | 15.40 | 23.32 | 16.28 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,812 | 7,061 | 7,727 | 6,372 | 4,645 | 3,818 | 3,937 |
| Revenue growth | -17.7% | -8.6% | +21.3% | +37.2% | +21.7% | -3.1% | - |
| EBITDA | 496 | 547 | 576 | 534 | (214) | 520 | 586 |
| EBITDA margin | +8.5% | +7.7% | +7.5% | +8.4% | -4.6% | +13.6% | +14.9% |
| Profit before tax | 390 | 279 | 575 | 773 | (224) | 547 | 534 |
| Net profit | 95.00 | 176 | 283 | 371 | 549 | 409 | 386 |
| Net profit margin | +1.6% | +2.5% | +3.7% | +5.8% | +11.8% | +10.7% | +9.8% |
| EPS (₹) | 11.41 | 7.03 | 15.77 | 23.91 | (10.99) | 14.54 | 13.79 |
| Balance sheet | |||||||
| Total assets | 7,171 | 6,908 | 5,807 | 4,964 | 3,666 | 3,796 | 3,417 |
| Net worth | 4,332 | 4,009 | 3,812 | 3,370 | 2,699 | 3,007 | 2,599 |
| Total debt | 2,126 | 2,062 | 1,449 | 1,043 | 569 | 446 | 447 |
| Cash & bank | 583 | 240 | 511 | 186 | 144 | 136 | 291 |
| Net working capital | 4,005 | 3,333 | 2,599 | 2,198 | 1,641 | 573 | 500 |
| Cash flow | |||||||
| Cash from operations | (292) | (591) | 410 | 72.76 | 161 | 131 | 741 |
| Cash from investing | 927 | 50.65 | (282) | (391) | (252) | (206) | (56.56) |
| Cash from financing | (259) | 318 | 173 | 336 | 25.46 | (73.59) | (448) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,288 | 1,772 | 1,463 | 1,266 | 1,311 | 1,975 | 1,792 | 1,418 |
| Revenue growth (YoY) | -1.7% | -10.3% | -18.4% | -10.7% | -30.2% | - | - | - |
| Other income | 32.62 | 46.70 | 81.58 | 149 | 28.53 | 37.61 | 23.79 | 41.39 |
| Total expenses | 1,195 | 1,650 | 1,334 | 1,143 | 1,188 | 1,832 | 1,629 | 1,299 |
| EBITDA | 92.96 | 121 | 129 | 123 | 122 | 143 | 163 | 119 |
| EBITDA margin | +7.2% | +6.9% | +8.8% | +9.7% | +9.3% | +7.3% | +9.1% | +8.4% |
| Depreciation | 22.32 | 24.53 | 25.48 | 24.49 | 23.36 | 25.64 | 25.27 | 24.92 |
| Interest | 60.25 | 68.38 | 82.38 | 78.16 | 84.05 | 76.56 | 82.92 | 70.63 |
| Profit before tax | 43.01 | 75.27 | 102 | 169 | 43.34 | 78.60 | 78.94 | 64.84 |
| Tax | 11.48 | 26.42 | 0.52 | 30.08 | 12.71 | 18.96 | 18.38 | 28.63 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,500 | 1,954 | 1,827 | 1,851 | 1,887 | 2,694 | 2,388 | 2,489 |
| Revenue growth (YoY) | -20.5% | -27.5% | -23.5% | -25.6% | -23.5% | - | - | - |
| Other income | 34.11 | 38.03 | 2,416 | 56.75 | 50.20 | 61.46 | 38.56 | 40.23 |
| EBITDA | 258 | 245 | 435 | 366 | 599 | 777 | 639 | 905 |
| EBITDA margin | +17.2% | +12.5% | +23.8% | +19.8% | +31.7% | +28.8% | +26.8% | +36.4% |
| Depreciation | 35.78 | 40.89 | 41.60 | 40.18 | 37.97 | 39.70 | 58.05 | 98.28 |
| Interest | 83.36 | 82.42 | 200 | 318 | 311 | 318 | 313 | 307 |
| Profit before tax | 173 | 160 | 2,609 | 64.24 | 300 | 481 | 307 | 540 |
| Tax | 45.62 | 12.72 | 498 | (26.45) | 72.68 | 29.60 | (355) | 77.64 |
| Net profit | 127 | 147 | 2,111 | 90.69 | 227 | 452 | 661 | 462 |
| EPS (₹) | 4.55 | 5.10 | 75.21 | 2.78 | 7.74 | 15.40 | 23.32 | 16.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 7,520 | 10,037 | 9,798 | 8,100 | 5,999 | 4,992 | 5,070 |
| Revenue growth | -25.1% | +2.4% | +21.0% | +35.0% | +20.2% | -1.6% | - |
| Other income | 2,327 | 170 | 314 | 136 | 485 | 148 | 93.39 |
| Total expenses | 5,642 | 7,117 | 7,565 | 6,204 | 4,210 | 3,456 | 3,495 |
| Employee cost | 416 | 446 | 439 | 388 | 354 | 321 | 293 |
| EBITDA | 1,878 | 2,920 | 2,233 | 1,897 | 1,789 | 1,536 | 1,575 |
| EBITDA margin | +25.0% | +29.1% | +22.8% | +23.4% | +29.8% | +30.8% | +31.1% |
| Depreciation | 161 | 290 | 367 | 341 | 338 | 276 | 300 |
| Interest | 912 | 1,245 | 1,310 | 1,104 | 1,004 | 970 | 1,043 |
| Profit before tax | 3,132 | 1,555 | 870 | 588 | 932 | 438 | 326 |
| Tax | 557 | (179) | 349 | 294 | 161 | 164 | 166 |
| Net profit | 12.80 | 1,674 | 439 | 327 | 505 | 276 | 160 |
| Net profit margin | +0.2% | +16.7% | +4.5% | +4.0% | +8.4% | +5.5% | +3.2% |
| EPS (₹) | 90.84 | 60.35 | 17.92 | 10.42 | 27.73 | 9.84 | 5.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 189 | 196 | 203 | 140 | 143 | 143 | 140 |
| Reserves & surplus | 6,439 | 3,775 | 2,080 | 1,535 | 1,240 | 479 | 274 |
| Shareholders' funds (net worth) | 6,628 | 3,971 | 2,283 | 1,676 | 1,384 | 622 | 414 |
| Minority interest | (3.17) | 244 | 204 | 220 | 219 | 211 | 128 |
| Secured loans | 1,148 | 1,496 | 4,309 | 5,284 | 3,571 | 6,108 | 5,691 |
| Unsecured loans | 412 | 436 | 1,079 | 226 | 61.89 | 609 | 571 |
| Total debt | 1,559 | 1,932 | 5,388 | 5,509 | 3,633 | 6,716 | 6,262 |
| Total liabilities | 10,879 | 16,780 | 14,374 | 13,346 | 12,637 | 10,647 | 9,808 |
| Assets | |||||||
| Gross block | 10,289 | 10,100 | 9,990 | 10,049 | 9,878 | 9,735 | 9,700 |
| Net block | 1,162 | 1,124 | 6,689 | 6,927 | 1,309 | 7,488 | 7,693 |
| Capital work in progress | 53.71 | 52.81 | 39.17 | 62.34 | 72.55 | 61.62 | 76.87 |
| Investments | 440 | 221 | 112 | 73.22 | 64.68 | 214 | 186 |
| Inventories | 449 | 544 | 702 | 561 | 450 | 437 | 435 |
| Sundry debtors | 1,610 | 1,212 | 1,058 | 918 | 764 | 896 | 931 |
| Cash & bank balances | 663 | 377 | 816 | 580 | 729 | 631 | 754 |
| Loans & advances | 3,924 | 3,359 | 3,023 | 2,794 | 2,822 | 1,944 | 1,366 |
| Total current assets | 6,646 | 5,491 | 5,600 | 4,853 | 4,765 | 3,908 | 3,486 |
| Total current liabilities | 2,005 | 3,794 | 4,573 | 3,699 | 2,768 | 3,570 | 3,826 |
| Net working capital | 4,641 | 1,697 | 1,027 | 1,154 | 1,997 | 338 | (340) |
| Total assets | 10,879 | 16,780 | 14,374 | 13,346 | 12,637 | 10,647 | 9,808 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 890 | 894 | 294 | 424 | 339 | 580 | 199 |
| Net cash from operating activities | 655 | 1,673 | 749 | 492 | 353 | 155 | 1,070 |
| Net cash from investing activities | 1,276 | (626) | 258 | (311) | (233) | (176) | (117) |
| Net cash from financing activities | (1,590) | (1,052) | (407) | (311) | (35.00) | (221) | (571) |
| Net change in cash | 341 | (4.32) | 600 | (130) | 85.18 | (242) | 381 |
| Closing cash | 663 | 377 | 816 | 580 | 729 | 631 | 754 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -25.1% | +2.4% | +21.0% | +35.0% | +20.2% | -1.6% | - |
| EBITDA growth | -35.7% | +30.8% | +17.7% | +6.0% | +16.5% | -2.5% | - |
| PBT growth | +101.5% | +78.7% | +47.9% | -36.9% | +113.0% | +34.2% | +149.8% |
| Net income growth | -99.2% | +281.0% | +34.5% | -35.3% | +83.2% | +72.7% | - |
| Revenue CAGR (3Y) | -2.5% | +18.7% | +25.2% | +16.9% | +6.8% | +11.5% | +19.5% |
| EBITDA CAGR (3Y) | -0.3% | +17.7% | +13.3% | +6.4% | +10.3% | +10.5% | +19.0% |
| Profitability & leverage | |||||||
| Net income margin | +34.3% | +17.3% | +5.3% | +3.6% | +12.9% | +5.5% | +3.2% |
| Return on capital employed | +13.8% | +18.2% | +15.2% | +13.8% | +13.9% | +13.4% | +14.0% |
| Return on net worth | +0.7% | +56.5% | +23.5% | +21.5% | +43.4% | +28.8% | +25.2% |
| Debt / equity | 0.33 | 1.17 | 2.75 | 2.99 | 5.16 | 12.53 | 17.55 |
| Long-term debt / equity | 0.11 | 0.71 | 1.92 | 2.22 | 4.40 | 11.04 | 15.62 |
| Interest cover | 53.11 | 47.34 | 70.20 | 70.95 | 69.19 | 76.97 | 81.74 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.74 | 1.00 | 0.98 | 0.81 | 0.61 | 0.51 | 0.53 |
| Inventory turnover | 15.14 | 16.11 | 15.52 | 16.03 | 13.53 | 11.46 | 11.78 |
| Debtors turnover | 5.33 | 8.84 | 9.91 | 9.63 | 7.23 | 5.46 | 5.12 |
| EPS (₹) | 90.84 | 60.35 | 17.92 | 10.42 | 27.73 | 9.84 | 5.89 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 234.37 | 139.47 | 79.09 | 59.69 | 49.19 | 22.06 | 14.76 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,288 | 1,772 | 1,463 | 1,266 | 1,311 | 1,975 | 1,792 | 1,418 |
| Revenue growth (YoY) | -1.7% | -10.3% | -18.4% | -10.7% | -30.2% | - | - | - |
| Other income | 32.62 | 46.70 | 81.58 | 149 | 28.53 | 37.61 | 23.79 | 41.39 |
| Total expenses | 1,195 | 1,650 | 1,334 | 1,143 | 1,188 | 1,832 | 1,629 | 1,299 |
| EBITDA | 92.96 | 121 | 129 | 123 | 122 | 143 | 163 | 119 |
| EBITDA margin | +7.2% | +6.9% | +8.8% | +9.7% | +9.3% | +7.3% | +9.1% | +8.4% |
| Depreciation | 22.32 | 24.53 | 25.48 | 24.49 | 23.36 | 25.64 | 25.27 | 24.92 |
| Interest | 60.25 | 68.38 | 82.38 | 78.16 | 84.05 | 76.56 | 82.92 | 70.63 |
| Profit before tax | 43.01 | 75.27 | 102 | 169 | 43.34 | 78.60 | 78.94 | 64.84 |
| Tax | 11.48 | 26.42 | 0.52 | 30.08 | 12.71 | 18.96 | 18.38 | 28.63 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,812 | 7,061 | 7,727 | 6,372 | 4,645 | 3,818 | 3,937 |
| Revenue growth | -17.7% | -8.6% | +21.3% | +37.2% | +21.7% | -3.1% | - |
| Other income | 305 | 127 | 332 | 455 | 146 | 192 | 145 |
| Total expenses | 5,316 | 6,515 | 7,150 | 5,839 | 4,859 | 3,298 | 3,352 |
| Employee cost | 230 | 240 | 233 | 191 | 181 | 168 | 182 |
| EBITDA | 496 | 547 | 576 | 534 | (214) | 520 | 586 |
| EBITDA margin | +8.5% | +7.7% | +7.5% | +8.4% | -4.6% | +13.6% | +14.9% |
| Depreciation | 97.85 | 98.20 | 105 | 74.24 | 69.71 | 87.20 | 111 |
| Interest | 313 | 296 | 228 | 141 | 85.62 | 77.17 | 85.45 |
| Profit before tax | 390 | 279 | 575 | 773 | (224) | 547 | 534 |
| Tax | 69.74 | 81.66 | 133 | 102 | 85.06 | 139 | 147 |
| Net profit | 95.00 | 176 | 283 | 371 | 549 | 409 | 386 |
| Net profit margin | +1.6% | +2.5% | +3.7% | +5.8% | +11.8% | +10.7% | +9.8% |
| EPS (₹) | 11.41 | 7.03 | 15.77 | 23.91 | (10.99) | 14.54 | 13.79 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 140 | 140 | 140 | 140 | 140 | 140 | 140 |
| Reserves & surplus | 4,191 | 3,869 | 3,672 | 3,229 | 2,558 | 2,866 | 2,459 |
| Shareholders' funds (net worth) | 4,332 | 4,009 | 3,812 | 3,370 | 2,699 | 3,007 | 2,599 |
| Secured loans | 827 | 909 | 1,075 | 818 | 408 | 227 | 350 |
| Unsecured loans | 1,299 | 1,153 | 374 | 226 | 160 | 219 | 97.24 |
| Total debt | 2,126 | 2,062 | 1,449 | 1,043 | 569 | 446 | 447 |
| Total liabilities | 7,171 | 6,908 | 5,807 | 4,964 | 3,666 | 3,796 | 3,417 |
| Assets | |||||||
| Gross block | 1,071 | 1,005 | 939 | 802 | 730 | 682 | 779 |
| Net block | 291 | 308 | 327 | 282 | 279 | 285 | 349 |
| Capital work in progress | 37.91 | 16.34 | 2.20 | 28.49 | 1.74 | 1.73 | 9.51 |
| Investments | 1,253 | 1,263 | 1,484 | 1,373 | 1,063 | 1,458 | 1,411 |
| Inventories | 252 | 350 | 433 | 298 | 188 | 172 | 153 |
| Sundry debtors | 1,656 | 1,272 | 1,099 | 1,086 | 1,048 | 1,198 | 1,250 |
| Cash & bank balances | 583 | 240 | 511 | 186 | 144 | 136 | 291 |
| Loans & advances | 3,444 | 3,956 | 3,484 | 2,863 | 1,961 | 772 | 700 |
| Total current assets | 5,936 | 5,818 | 5,525 | 4,434 | 3,341 | 2,278 | 2,395 |
| Total current liabilities | 1,931 | 2,485 | 2,927 | 2,236 | 1,700 | 1,705 | 1,895 |
| Net working capital | 4,005 | 3,333 | 2,599 | 2,198 | 1,641 | 573 | 500 |
| Total assets | 7,171 | 6,908 | 5,807 | 4,964 | 3,666 | 3,796 | 3,417 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 135 | 358 | 56.60 | 38.79 | 104 | 253 | 15.73 |
| Net cash from operating activities | (292) | (591) | 410 | 72.76 | 161 | 131 | 741 |
| Net cash from investing activities | 927 | 50.65 | (282) | (391) | (252) | (206) | (56.56) |
| Net cash from financing activities | (259) | 318 | 173 | 336 | 25.46 | (73.59) | (448) |
| Net change in cash | 377 | (222) | 301 | 17.81 | (65.19) | (149) | 237 |
| Closing cash | 583 | 240 | 511 | 186 | 144 | 136 | 291 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -17.7% | -8.6% | +21.3% | +37.2% | +21.7% | -3.1% | - |
| EBITDA growth | -9.4% | -5.1% | +8.0% | +349.5% | -141.2% | -11.3% | - |
| PBT growth | +39.9% | -51.5% | -25.6% | +9998.0% | - | +2.5% | +28.1% |
| Net income growth | -46.1% | -37.8% | -23.7% | -32.5% | +34.4% | +5.9% | - |
| Revenue CAGR (3Y) | -3.0% | +15.0% | +26.5% | +17.4% | +6.7% | +16.0% | +25.2% |
| EBITDA CAGR (3Y) | -2.4% | - | +3.5% | -3.1% | - | +21.0% | +34.1% |
| Profitability & leverage | |||||||
| Net income margin | +5.5% | +2.8% | +5.7% | +10.5% | -6.7% | +10.7% | +9.8% |
| Return on capital employed | +7.5% | +9.1% | +10.9% | +13.1% | +16.8% | +17.3% | +17.9% |
| Return on net worth | +2.3% | +5.0% | +7.9% | +12.2% | +19.3% | +14.6% | +16.1% |
| Debt / equity | 0.50 | 0.45 | 0.35 | 0.27 | 0.18 | 0.16 | 0.26 |
| Long-term debt / equity | 0.06 | 0.07 | 0.03 | 0.03 | 0.04 | 0.04 | 0.10 |
| Interest cover | 78.69 | 66.05 | 48.33 | 30.69 | -30.19 | 17.85 | 18.01 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.60 | 7.26 | 8.88 | 8.32 | 6.58 | 5.23 | 5.25 |
| Inventory turnover | 19.30 | 18.05 | 21.14 | 26.22 | 25.85 | 23.49 | 25.73 |
| Debtors turnover | 3.97 | 5.96 | 7.07 | 5.97 | 4.13 | 3.12 | 3.11 |
| EPS (₹) | 11.41 | 7.03 | 15.77 | 23.91 | (10.99) | 14.54 | 13.79 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 154.31 | 142.82 | 135.81 | 120.04 | 96.13 | 107.11 | 92.58 |
Board of Directors of Ashoka Buildcon Limited
Ashoka Buildcon has 8 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Motilal Katariya Also directs: Global Ashoka Fulgao Industrial Park LLP, A One Tiles Private Limited, Ashoka Construwell Pvt Ltd and 5 more | Whole-Time Director | 13 May 1993 | 33 Years 5 Months | Current |
| Satish Dhondulal Parakh | Managing Director | 01 Apr 2012 | 14 Years 6 Months | Current |
| Ashish Ashok Kataria | Whole-Time Director | 01 Apr 2020 | 6 Years 6 Months | Current |
| Mahendra Bhopalsingh Mehta Also directs: Jaora - Nayagaon Toll Road Company Private Limited, Ashoka Concessions Limited, Ashoka Mudhol Nipani Roads Limited and 2 more | Director | 01 Apr 2020 | 6 Years 6 Months | Current |
| Shilpa Hiran Also directs: Jaora - Nayagaon Toll Road Company Private Limited | Director | 01 Feb 2021 | 5 Years 8 Months | Current |
| Sanjay Prabhakar Londhe | Whole-Time Director | 01 Apr 2015 | 11 Years 6 Months | Current |
Peer Comparison of Ashoka Buildcon Limited
Ashoka Buildcon Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Engineering Procurement and Construction). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| L&T Hydrocarbon Engineering Limited | ₹15,605 Cr (FY 2021) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Waaree Energies Limited | ₹14,846 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Tata Power Solar Systems Limited | ₹11,748 Cr (FY 2024) | •••• | •••• | 70.0% | •••• | Mumbai, Maharashtra, India |
| Dilip Buildcon Limited Listed | ₹11,453 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Bhopal, Madhya Pradesh, India |
| Suzlon Energy Limited Listed | ₹10,993 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Ahmedabad, Gujarat, India |
| Kei Industries Limited Listed | ₹9,807.67 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Navayuga Engineering Company Limited | ₹9,736.3 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Andhra Pradesh, India |
| Renew Solar Energy (Jharkhand One) Private Limited | ₹9,292.3 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | New Delhi, Delhi, India |
| Ashoka Buildcon Limited this company | ₹7,519.88 Cr (FY 2026) | •••• | •••• | -25.1% | •••• | Nashik, Maharashtra, India |
| Cyient Limited Listed | ₹7,457 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
| Haryana Power Generation Corporation Ltd | ₹7,166.8 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Panchkula, Haryana, India |
Peers are the five companies nearest above and the five nearest below Ashoka Buildcon by revenue in the Power industry (EPC, BoP and BTG, Engineering Procurement and Construction), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ashoka Buildcon Limited
Ashoka Buildcon Limited is audited by S R B C & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R B C & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Shareholding Pattern of Ashoka Buildcon Limited
Shareholding for the quarter ended Sep 2026: promoters hold 54.50%, foreign institutional investors hold 4.40%, domestic institutional investors hold 14.00% and retail and other public shareholders hold 27.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 54.50% | 54.50% | 54.50% | 54.50% |
| Public | 45.50% | 45.50% | 45.50% | 45.50% |
Charges & Borrowings of Ashoka Buildcon Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2026 | Others | ₹1.46 Cr | Open |
| 19 Sep 2026 | Hdfc Bank Limited | ₹1.57 Cr | Open |
| 03 Sep 2026 | Hdfc Bank Limited | ₹10 Cr | Open |
| 13 Jul 2026 | Others | ₹15 Cr | Open |
| 19 May 2026 | The South Indian Bank Limited | ₹16.7 Lakh | Open |
Total charge records: 454 View all charges
Deals & Funding of Ashoka Buildcon Limited
Ashoka Buildcon Limited has 33 deals on record (24 market trades, 5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹17.73 Cr; the latest was in August 2026.
Deals on record (5 of 33)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Market trade | ₹234.98 Cr | Buyer: Microcurves Trading Private Limited , NK Securities Research Private Limited , Junomoneta Finsol Private Limited Seller: Microcurves Trading Private Limited , NK Securities Research Private Limited , Junomoneta Finsol Private Limited |
| Jun 2026 | Market trade | ₹21.84 Cr | Buyer: Qe Securities LLP Seller: Qe Securities LLP |
| Sep 2024 | Market trade | ₹45.36 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jun 2024 | Market trade | ₹33.5 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jan 2024 | Market trade | ₹70.22 Cr | Buyer: Graviton Research Capital LLP , Citadel Securities India Markets Private Limited Seller: Graviton Research Capital LLP , Citadel Securities India Markets Private Limited |
Full deal history
All 33 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ashoka Buildcon Limited
Ashoka Buildcon Limited has 1,105 court cases on record: 701 filed by Ashoka Buildcon, 299 filed against it, 105 where it is another party. 332 cases are pending and 773 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 783 | 211 | 241 |
| High courts | 308 | 83 | 89 |
| Supreme Court | 14 | 5 | 2 |
Cases on record (5 of 1,105)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Maharashtra State Electricity Distribution Company Limited | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Prasham Construction and Engineering Private Limited | Pending |
| District court, Nashik, Maharashtra | Commercial suit | Filed by the company against Jekay International Track Pvt. Ltd. | Pending |
| District court, Nashik, Maharashtra | Commercial matter | Filed by the company against Maha Active Engineers India Private Limited | Pending |
| District court, Nashik, Maharashtra | Court case (R.C.A.) | Filed against the company by Shilchar Technologies Limited | Pending |
Full case history
All 1,105 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Ashoka Buildcon Limited
Ashoka Buildcon Limited has a workforce of 2,256 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Ashoka Buildcon Limited
Ashoka Buildcon has 38 subsidiary companies, 2 joint ventures, and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ratnagiri Natural Gas Private Limited | U11202MH2016PTC287025 | - |
| Ashoka Pre-Con Private Limited | U26940MH2008PTC187764 | - |
| Unison Enviro Private Limited | U40300MH2015PTC271006 | - |
| Ashoka Infraways Limited | U45200MH2001PLC132489 | - |
| Viva Highways Limited | U45200MH2001PLC171661 | - |
| Ashoka Endurance Road Developers Private Limited | U45201CT2016PTC007507 | - |
Showing major subsidiaries. Total: 38.
Recent Activity on Ashoka Buildcon Limited
Ashoka Buildcon Limited has 36 board changes on record since 1993: 22 appointments and 14 cessations. The latest: Albert Tauro ceased to be Director on 31 Mar 2024.
868 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ashoka Buildcon Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Ashoka Buildcon Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ashoka Buildcon Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ashoka Buildcon Limited
Ashoka Buildcon has 29 GST registrations: 26 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA9292J1ZA | Maharashtra | Active | 01 Jul 2017 |
| 27AABCA9292J3Z8 | Maharashtra | Active | 01 Apr 2022 |
| 03AABCA9292J1ZK | Punjab | Active | 01 Jul 2017 |
| 09AABCA9292J1Z8 | Uttar Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ashoka Buildcon Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Ashoka Buildcon Limited
Frequently Asked Questions about Ashoka Buildcon Limited
Ashoka Buildcon is an active public limited company based in Nashik, Maharashtra, India. The company works in the engineering industry. It was incorporated on 13 May 1993 (33+ years old) and is registered under CIN L45200MH1993PLC071970. Listed on BSE: 533271 and NSE: ASHOKA.
Ashoka Buildcon reported revenue of ₹7,519.88 Cr for FY 2025-26 (down 25.1% YoY) based on consolidated financials.
Ashoka Buildcon has 8 current directors:
- Satish Dhondulal Parakh - Managing Director
- Ashok Motilal Katariya - Whole-Time Director
- Ashish Ashok Kataria - Whole-Time Director
- Sanjay Prabhakar Londhe - Whole-Time Director
- Mahendra Bhopalsingh Mehta - Director
- Shilpa Hiran - Director
- Mario Anthony Nazareth - Director
- Nikhilesh Natwarlal Panchal - Director
The GSTIN of Ashoka Buildcon is 27AABCA9292J1ZA, registered in Maharashtra. The company has 29 GST registrations in all, of which 26 are active and 3 are cancelled or inactive. Other active GSTINs include 27AABCA9292J3Z8 (Maharashtra), 03AABCA9292J1ZK (Punjab), 09AABCA9292J1Z8 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Ashoka Buildcon is L45200MH1993PLC071970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Ashoka Buildcon is listed on both BSE (code: 533271) and NSE (symbol: ASHOKA).
Ashoka Buildcon has 1,105 court cases on record: 701 filed by the company and 299 filed against it. 332 are pending. Most are in the district courts.
Ashoka Buildcon was incorporated on 13 May 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashoka Buildcon has 33 deals on record (24 market trades, 5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹17.73 Cr; the latest was in August 2026.
The peers of Ashoka Buildcon by revenue are L&T Hydrocarbon Engineering Limited, Waaree Energies Limited, Tata Power Solar Systems Limited, Dilip Buildcon Limited, Suzlon Energy Limited and 5 more, all in the Power industry (EPC, BoP and BTG, Engineering Procurement and Construction).
Albert Tauro ceased to be Director on 31 Mar 2024. Gyan Chand Daga ceased to be Director on 31 Mar 2024. Sharadchandra Damodar Abhyankar ceased to be Director on 31 Mar 2024. Ashoka Buildcon has 36 board changes on record in total.