Ashoka Buildcon Limited has reported its financial performance for the quarter and fiscal year ended March 31, 2026. The company recorded a full-year Profit After Tax of Rs. 320.4 crores, reflecting a 63% growth compared to the previous year. Alongside its financial results, the company announced several significant project wins internationally and domestically, alongside updates on its order book and strategic asset management.
Financial Performance Overview
For the fiscal year 2026, Ashoka Buildcon reported a Total Income of Rs. 5,952.2 crores, with a consolidated EBITDA of Rs. 636.1 crores. While the standalone Profit Before Tax stood at Rs. 225.5 crores, the company achieved a strong Profit After Tax of Rs. 320.4 crores. As of the end of the fiscal year, the company maintains a standalone debt of Rs. 1,127 crores, with a consolidated debt level of Rs. 2,778 crores.
Robust Order Book
The company maintains a diversified order book totaling Rs. 15,312 crores as of March 31, 2026. The segment breakdown is led by Road EPC projects at 46.3%, followed by Power T&D at 30.2%. Other contributions include Road HAM (10.6%), Railways (9.3%), and Building EPC (3.7%), providing a balanced project mix.
Strategic Project Wins
Ashoka Buildcon has secured multiple high-value contracts, expanding its footprint:
- Saudi Arabia: Secured an LOA for the Diriyah II – Delivery Partner for One Hotel project, with the company’s share in the bid price at Rs. 846.4 crore.
- Domestic Infrastructure: Won a bridge construction project over River Gandak in Bihar, with a share in the bid price of Rs. 241.9 crore.
- International Roads: Received a $45 million contract from the Ministry of Public Works, Liberia, for road upgrading.
- Digital Modernization: Partnered with Railtel for a Rs. 1,136 crore project to modernize offices under the Inspector General of Registration in Maharashtra.
- Energy Sector: Awarded a contract in Angola for the rehabilitation of distribution networks valued at USD 72 million.
Operational Highlights
The company continues to advance its portfolio, with the Tumkur Shivamogga Section HAM project achieving key Commercial Operation Dates (COD) for multiple stretches. Additionally, the company has extended the sale timeline for 6 HAM SPVs to June 30, 2026, while further consolidating its ownership in subsidiaries through recent rights issues. The company’s credit ratings for long-term and short-term debt have been reaffirmed as ACUITE AA (Stable) and ACUITE A1+, respectively, by Acuite.
Source: BSE
