Ashoka Buildcon Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The company’s revenue stood at ₹1,491.9 crore for Q3 FY26 and ₹4,133.6 crore for 9M FY26. The company also reported its order book summary as of December 31, 2025, with total order book at ₹15,927 crore.
Financial Highlights for Q3 & 9M FY26
Ashoka Buildcon Limited reported its unaudited financial results for the quarter and nine months ended December 31, 2025. Key financial figures include:
- Total Income for Q3 FY26: ₹1,491.9 crore (YoY -18%)
- Total Income for 9M FY26: ₹4,133.6 crore (YoY -20%)
- EBITDA for Q3 FY26: ₹157.4 crore (YoY -16%)
- EBITDA for 9M FY26: ₹467.9 crore (YoY -5%)
- Profit After Tax for Q3 FY26: ₹101.8 crore (YoY 68%)
- Profit After Tax for 9M FY26: ₹271.6 crore (YoY 97%)
Order Book Summary
As of December 31, 2025, Ashoka Buildcon’s order book stands as follows:
- Road EPC: ₹7,025 crore (44.1% of Order Book)
- Road HAM: ₹1,705 crore (10.7% of Order Book)
- Building EPC: ₹528 crore (3.3% of Order Book)
- Railways: ₹1,562 crore (9.8% of Order Book)
- Power T&D: ₹5,108 crore (32.1% of Order Book)
- Total Order Book: ₹15,927 crore
Debt Details
The debt on a standalone basis is ₹1,046 crore, including equipment loans, working capital loans, and NCDs. The consolidated debt is reported as ₹2,718 crore.
Key Business Updates
Sale of Stake: Ashoka Concessions Limited (ACL) sold its 100% stake in five BOT SPVs in November 2025, for ₹1,814 crore.
Acquisition of ACL: The company completed the acquisition of Ashoka Concessions Limited (ACL) in November 2025, making it a wholly-owned subsidiary.
BMC Project: ABL received additional work order for the existing BMC Project for ₹447 Crores.
LOA for BMC Project: JV received LOA for Mithi River Development for ₹1,816 Crores and another LOA for construction of Flyover from the BMC for ₹1,041 Crores
Daman Project: Ashoka Buildcon received a Letter of Acceptance for the construction of a bridge in Daman for ₹307.7 Crores.
Credit Rating: ABL received an assignment and reaffirmation of its credit rating by CRISIL Ratings Limited.
Source: BSE