Ashoka Buildcon Limited has reported its financial results for the quarter and year ended March 31, 2026. The company achieved a standalone revenue of Rs. 5,952 crore for the full year, with a notable expansion in EBITDA margins to 10.7%. Despite global challenges, the firm continues to secure major project wins, including international contracts in Saudi Arabia and Angola, maintaining a robust order book of Rs. 15,312 crore as of March 2026.
Financial Performance Overview
For the fiscal year FY26, Ashoka Buildcon reported a standalone total revenue of Rs. 5,952 crore. While the standalone EBITDA stood at Rs. 636 crore, the company successfully improved its EBITDA margin to 10.7%, a +130 bps increase over the previous year. On a consolidated basis, the company reported a significant Profit After Tax (PAT) of Rs. 2,575.8 crore, reflecting strong performance and exceptional gains recorded during the period.
Strategic Order Book and Project Wins
The company maintains a healthy order book valued at Rs. 15,312 crore. Key project wins announced in Q4 FY26 highlight the company’s international expansion and diversified portfolio:
- Diriyah II Project, Saudi Arabia: A contract for main construction works with a project value of SAR 717 million.
- Ministry of Energy and Water, Angola: An order for the rehabilitation of distribution networks worth USD 72 million.
- Public Works Department, Liberia: A road upgrading project valued at $45 million.
- Domestic Infrastructure: A significant Rs. 1,136 crore project for the modernization of offices under the IGR & Controller of Stamps, Maharashtra, in consortium with Railtel Corporation.
Operational Milestones and Asset Monetization
Ashoka Buildcon continues to demonstrate execution excellence. The company successfully achieved the Commercial Operation Date (COD) for key stretches of the Tumkur-Shivamogga HAM project in Karnataka. Furthermore, the company successfully monetized multiple HAM and BOT assets throughout FY26, which has significantly strengthened its balance sheet and enhanced capital efficiency. The company’s credit rating remains strong, with ACUITE AA (Stable) reaffirmed for its debt instruments.
Leadership and Outlook
With over 50 years of experience in the construction industry, the leadership team at Ashoka Buildcon remains focused on sustainable growth. By prioritizing high-value infrastructure projects, including cable-stayed bridges and long-span flyovers, the company continues to leverage its technical expertise to secure and execute complex projects across India and abroad.
Source: BSE
