Ashoka Buildcon Reports Unaudited Standalone and Consolidated Financial Results for Q3 & 9M FY26

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

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