Ashoka Buildcon Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. Total income for the second quarter of FY27 grew by 4.12% year-on-year to Rs. 1,356.2 crore. However, EBITDA saw a decline of 16.18% to Rs. 133.9 crore, and Profit After Tax decreased significantly by 59.07% for the half-year period. The company also highlighted its order book status and debt position.
Ashoka Buildcon Announces Q2 & H1 FY27 Financial Highlights
Ashoka Buildcon Limited has released its unaudited standalone financial performance for the second quarter (Q2) and the first half-year (H1) of the Financial Year 2027 (FY27), ending on September 30, 2026. The results indicate a mixed financial performance with an increase in total income but a notable decrease in profitability metrics for the half-year.
Standalone Financial Performance
For Q2 FY27, Ashoka Buildcon reported a total income of Rs. 1,356.2 crore, marking a 4.12% increase compared to Rs. 1,302.6 crore in Q2 FY26. However, EBITDA for the quarter stood at Rs. 133.9 crore, a decrease of 16.18% from Rs. 159.8 crore in the prior year. The EBITDA margin also contracted to 9.8% from 12.3%.
Profit Before Tax for Q2 FY27 was Rs. 51.4 crore, down 10.06% year-on-year, while Profit After Tax was Rs. 37.9 crore, showing a 2.80% increase.
The performance for the half-year ended September 30, 2026, showed total income at Rs. 2,676.6 crore, a 1.32% rise from Rs. 2,641.7 crore in H1 FY26. EBITDA for H1 FY27 declined by 16.43% to Rs. 259.4 crore from Rs. 310.5 crore in H1 FY26. Profit Before Tax was Rs. 94.4 crore (down 6.04% YoY), and Profit After Tax saw a substantial drop of 59.07% to Rs. 59.5 crore compared to Rs. 169.8 crore in H1 FY26.
Order Book Summary
As of September 30, 2026, the company’s total order book stood at Rs. 15,964 crore. The largest segment within the order book is ‘Road EPC’ at Rs. 6,173 crore (38.7% of the total), followed by ‘Power T&D’ at Rs. 3,820 crore (23.9%), and ‘SPV’ at Rs. 1,928 crore (12.1%).
Debt and Other Financial Details
On a standalone basis, the company’s debt amounted to Rs. 1,169 crore, comprising Rs. 77 crore in equipment loans, Rs. 893 crore in working capital loans, and Rs. 200 crore in CPs. The consolidated debt was reported at Rs. 2,781 crore. The BOT Division reported toll collection of Rs. 73.5 crore in Q2 FY26, a decrease of 9% year-on-year.
Recent Updates
The company also provided updates on recent developments, including receipt of Letters of Intent (LOI) and Acceptance (LOA) for various projects, such as the 400/220/132 kV AIS Sakoli substation in Maharashtra and an electro-mechanical system supply contract for tunnels under the Rishikesh-Karnprayag New BG Rail Line Project. Ashoka Buildcon also acquired a 100% equity stake in Sakoli Power Transmission Limited. Provisional Certificates (COD) were received for certain NHAI projects, and the company was declared the Lowest Bidder (L-1) for a balance work contract on the Vadodara – Mumbai Expressway.
Source: BSE
