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Ashoka Buildcon Ltd Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Q4 FY26 earnings call analysis: revenue, margin, capex, fundraise and order book outlook from management commentary.

Published 31 May 2026 | Construction | Market Cap: ₹3.4K Cr

Ashoka Buildcon targets 20% revenue growth for FY27. FY27 revenue growth targeted at ~20% driven by healthy order inflows and execution.

From Ashoka Buildcon Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Price

₹114

Market Cap

₹3.4K Cr

P/E Ratio

4.2

How does Ashoka Buildcon Ltd rank in Construction?

Compare Ashoka Buildcon Ltd against every Construction company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 2Margin: Rank 2
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Ashoka Buildcon Ltd — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹2.0K Cr, net profit ₹147 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 2
  • →Ashoka Buildcon targets 20% revenue growth for FY27.
  • →Order inflow guidance for FY27 is INR 8,000 to 10,000 crores, spanning roads, railways, power T&D, domestic, and international projects.
  • →Execution volume is expected to improve by 20% in FY27 compared to FY26.
  • →The company expects order book-driven growth from diverse sectors like roads, railways, power transmission and distribution, and urban infrastructure.
  • →There is focus on quality-led, capital-efficient corridors in highways, aiming at 9,000 to 9,500 km of road construction in FY27.
  • →EBITDA margin guidance for FY27 ranges from 9.5% to 10.5%, reaching double-digit margins.
  • →Monetization of HAM assets is expected to improve capital efficiency and cash flows contributing to growth.

See what Ashoka Buildcon Ltd said on profitability & margins — free account, 30 seconds.

🏗️ Capital Expenditure Plans

Yes
  • →Total capex for FY '26 was INR67 crores, with INR16 crores in Q4.
  • →Planned capex for FY '27 is approximately INR100 crores, including international projects.
  • →Balance investment pending in HAM projects is around INR325 crores.
  • →Significant expenditure of INR225 crores on the Bowaichandi HAM project expected in FY '27.
  • →Investment timeline for HAM projects: INR175 crores in FY '27, INR75 crores each in FY '28 and FY '29.
  • →Ongoing strategic asset monetization of HAM and BOT projects to improve capital efficiency.
  • →Pursuit of sales for Chennai ORR and Jaora-Nayagaon assets within 12-18 months to optimize capital.

See what Ashoka Buildcon Ltd said on fundraising & capital structure — free account, 30 seconds.

📋 Order Book & Pipeline

No
  • →As of March 31, 2026, Ashoka Buildcon's balance order book stands at INR 15,312 crores (excluding post-March orders like INR 681 crores from Angola).
  • →Breakdown: Roads and railway projects total INR 10,123 crores (66% of total), with HAM projects at INR 1,619 crores and EPC roads at INR 7,084 crores; Railway orders at INR 1,420 crores.
  • →Power T&D segment accounts for INR 4,627 crores (~30% of order book).
  • →Building segment order book is INR 562 crores (~3.7%).
  • →Additional significant SPV orders include the Saudi Arabia Diriyah-I hotel project (INR 1,800 crores; Ashoka's share INR 900 crores) and Mumbai Intelligence and Traffic Management, executed at SPV level, not included in standalone books.
  • →The company expects order inflow guidance for FY '27 in the range of INR 8,000 to 10,000 crores, across roads, railways, and power T&D sectors, domestic and international.
  • →Monetization of 6 HAM assets expected by June and December 2026, generating about INR 1,150 crores.

Key Metrics

1 of 5 growth signals positive in the Q4 FY26 call.

Revenue

Rank 2

Margin

Rank 2

Capex

Yes

Fundraise

No

Order Book

No

How does Ashoka Buildcon Ltd rank vs peers in Construction?

Pro feature
1Ashoka Buildcon Ltd
Rev 2Mar 2

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What ASHOKA's management said in earlier quarters

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

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Frequently Asked Questions

What were Ashoka Buildcon Ltd Q4 FY26 results?

Ashoka Buildcon targets 20% revenue growth for FY27. FY27 revenue growth targeted at ~20% driven by healthy order inflows and execution.

What is Ashoka Buildcon Ltd share price analysis?

Ashoka Buildcon Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 4.2 with a market cap of ₹3,366 Cr. Investors should review the full earnings analysis for detailed insights.

Is Ashoka Buildcon Ltd planning capital expenditure?

Total capex for FY '26 was INR67 crores, with INR16 crores in Q4.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.