- 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 1,121 cases involving the company, including 712 filed by the company and 409 filed against it; 333 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.
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.
Company details
CIN history
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
Contact details
Ashoka Buildcon Limited's registered office is in Nashik, Maharashtra. Its website is ashokabuildcon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS.No.861 Ashokahouseashokamarg Vadala, Nashik, Maharashtra, India – 422011
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Ashoka Buildcon Limited, buy the company report.
- 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
Brands
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
The main business activity of Ashoka Buildcon is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Ashoka Buildcon Limited, buy the company report.
Financials of Ashoka Buildcon Limited
FY 2025-26 filings availableAshoka 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 |
To see the full year-wise statements and ratios of Ashoka Buildcon Limited, buy the company report.
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 |
Auditor
Ashoka Buildcon Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2026 | 101402543 | Others | ₹1.46 Cr | Open | |
| 19 Sep 2026 | 101403683 | Hdfc Bank Limited | ₹1.57 Cr | Open | |
| 03 Sep 2026 | 101388033 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 13 Jul 2026 | 101336075 | Others | ₹15 Cr | Open | |
| 19 May 2026 | 101306005 | The South Indian Bank Limited | ₹16.7 Lakh | Open |
To see the full charge records of Ashoka Buildcon Limited, buy the company report.
Total charge records: 454 View all charges
Deals & funding
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 |
To see the full deal history of Ashoka Buildcon Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ashoka Buildcon Limited has 1,121 court cases on record: 712 filed by Ashoka Buildcon, 409 filed against it. 333 cases are pending and 788 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 785 | 256 | 242 |
| High courts | 314 | 145 | 88 |
| Supreme Court | 20 | 8 | 3 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 1,121)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by The Maharashtra State Electricity Distribution Company Ltd. | Pending |
| Supreme Court | Court case | Filed against the company by Jharkhand Bijli Vitran Nigam Limited | Pending |
| District court, Nashik, Maharashtra | Commercial suit | Filed by the company against Jekay International Track Pvt Ltd and 1 other | Pending |
| Supreme Court | Court case | Filed by the company against Maharashtra State Electricity Distribution Company Ltd. | Pending |
| District court, Nashik, Maharashtra | Commercial matter | Filed by the company against Maha Active Engineers India Pvt Ltd | Pending |
To see the full case history of Ashoka Buildcon Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Ashoka Buildcon Limited was last rated by Crisil on 05 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 05 Nov 2020 |
To see the full credit ratings and regulatory alerts of Ashoka Buildcon Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashoka Buildcon Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
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 |
To see the full group structure of Ashoka Buildcon Limited, buy the company report.
Employees & EPFO
Ashoka Buildcon Limited has a workforce of 2,256 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
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 |
To see the full GST registrations and return filing status of Ashoka Buildcon Limited, buy the company report.
Recent activity
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 in the company report.
News
Frequently asked questions
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 latest financial statements of Ashoka Buildcon on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
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 1,121 court cases on record: 712 filed by the company and 409 filed against it. 333 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.