Ashoka Buildcon Ltd

The notice was issued under Section 67 of Maharashtra (GST) (MGST) Act, 2017. However, the regulatory filing did not specify the nature of the alleged violation or contravention. The company clarified that the development has not impacted its normal operations. It also stated that, at this stage, any financial or other impact cannot be ascertained. Ashoka Buildcon is engaged in the construction & maintenance of roads and supporting services to land support and operation of toll roads. The company's consolidated net profit jumped 73.1% to Rs 432.23 crore despite a 11.7% decline in net sales to Rs 2,694.42 crore in Q4 FY25 over Q4 FY24.Powered by Capital Market - Live

Revenue from operations tumbled 21% year-on-year to Rs 1,974.82 crore in Q4 FY25, compared to the same quarter last year. Total expenses fell 19.62% YoY to Rs 1,933.84 crore in Q4 FY25. The cost of material consumed stood at Rs 681.89 crore (down 39.24% YoY) while employee benefit expenses was at Rs 51.87 crore (down 12.66% YoY), and finance cost stood at Rs 76.55 crore (up 23.52% YoY). EBITDA tanked 17% to Rs 180.8 crore during the quarter, compared with Rs 218.6 crore posted in the corresponding quarter last fiscal. EBITDA margin added to 9% in Q4 FY25, compared with 8.6% in Q4 FY24. The company's order book stood at Rs 14,905 crore as on 31 March 2025. The Road sector holds the largest share with Rs 8,688 crore, accounting for 58.3% of the total order book. The power transmission & distribution (T&D) segment follows with Rs 3,618 crore, representing 24.3%. Road HAM (hybrid annuity model) projects contribute Rs 1,859 crore, or 12.5%, while the Railways segment accounts for Rs 320 crore, making up 2.1%. Finally, the EPC projects in building and others stand at Rs 420 crore, or 2.8% of the overall order book. The company's standalone debt stands at Rs 1,405 crore, which is composed of Rs 101 crore in equipment/term loans, Rs 300 crore in non-convertible debentures (NCDs), and Rs 1,004 crore in working capital loans. The BOT (build-operate-transfer) division reported a toll collection of Rs 348 crore in Q4 FY25, marking a 6% year-on-year (YoY) growth. On a full year basis, the company's standalone net profit tanked 55.45% to Rs 197.24 crore on 8.60% decline in revenue from operations to Rs 7061.42 crore in FY25 over FY24. Ashoka Buildcon is engaged in the construction & maintenance of roads and supporting services to land support and operation of toll roads. Shares of Ashoka Buildcon rallied 4.14% to end at Rs 211.35 on Friday, 23 May 2025. Powered by Capital Market - Live

Net profit of Ashoka Buildcon rose 73.15% to Rs 432.23 crore in the quarter ended March 2025 as against Rs 249.63 crore during the previous quarter ended March 2024. Sales declined 11.71% to Rs 2694.42 crore in the quarter ended March 2025 as against Rs 3051.87 crore during the previous quarter ended March 2024. For the full year,net profit rose 236.75% to Rs 1694.10 crore in the year ended March 2025 as against Rs 503.08 crore during the previous year ended March 2024. Sales rose 2.43% to Rs 10036.63 crore in the year ended March 2025 as against Rs 9798.46 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales2694.423051.87 -12 10036.639798.46 2 OPM %28.8420.52 -29.0922.79 - PBDT520.98378.34 38 1844.491129.68 63 PBT481.28310.37 55 1554.78763.05 104 NP432.23249.63 73 1694.10503.08 237 Powered by Capital Market - Live

Ashoka Buildcon will hold a meeting of the Board of Directors of the Company on 23 May 2025.Powered by Capital Market - Live

Ashoka Buildcon has received reaffirmation in credit ratings from CRISIL Ratings at 'CRISIL AA-; Negative / CRISIL A1+ for debt instruments of the company. Powered by Capital Market - Live

The contract is for the construction of earth work, major bridges, minor bridges, rubs, p. way work and miscellaneous civil works in connection with gauge conversion work from Pachora-Jamner in Jalgaon district, Maharashtra (Approx. 53.3 Km) excluding Pachora Yard and road over bridges for Central Railway. Ashoka Buildcon is one of the leading highway developers in India. The company is an integrated EPC, BOT and HAM player. It has constructed various prestigious projects across the country in roads and highways sectors. The company's consolidated net profit surged 580.1% to Rs 654.51 crore in Q3 FY25, compared with Rs 96.24 crore in Q3 FY24. However, net sales fell 10.1% YoY to Rs 2,387.89 crore in Q3 FY25. The counter rose 0.56% to settle at Rs 198 on Tuesday, 22 April 2025. Powered by Capital Market - Live

The project involves the construction of earthwork, major and minor bridges, road under bridges (RUBs), permanent way (P. Way) work, and other miscellaneous civil works related to the gauge conversion from Pachora to Jamner (approximately 53.3 km), excluding the Pachora yard and road overbridges. The work is scheduled to be completed within 30 calendar months. Ashoka Buildcon is engaged in the construction & maintenance of roads and supporting services to land support and operation of toll roads. The company's consolidated net profit surged 502% to Rs 661.5 crore in Q3 FY25 as against Rs 109.8 crore posted in Q3 FY24. Revenue from operations declined 10% to Rs 2,387.9 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live

The board has also approved the re-appointment of Sanjay Londhe as the whole-time director (WTD) of the company for a period of three years, effective from 1 April 2025. The firm added that this appointment is based on the recommendation of the nomination and remuneration committee. Satish Parakh, aged 66 years, is a civil engineer with over three and a half decades of experience in the infrastructure and construction sector. Under his leadership, the company has achieved significant milestones, expanding its footprint across various infrastructure segments. His strong leadership, strategic vision, and in-depth industry knowledge have been instrumental in driving the company's growth trajectory. Sanjay Londhe, aged 60 years, holds extensive experience in the industry and has played a key leadership role in the growth and development of the company. Over the years, he has made significant contributions to the company's business operations, strategic initiatives, and corporate governance practices. His expertise, vision, and leadership have been instrumental in driving operational efficiencies and ensuring sustainable growth. Ashoka Buildcon is engaged in the construction & maintenance of roads and supporting services to land support and operation of toll roads. The company's consolidated net profit surged 502% to Rs 661.5 crore in Q3 FY25 as against Rs 109.8 crore posted in Q3 FY24. Revenue from operations declined 10% to Rs 2,387.9 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live

The order entails supply, ETC and civil portion in connection with trunkey works contract for establishment of 400/220 KV substation at Nandgaon Peth, Amravati, Maharashtra. The bid project cost stood at Rs 311.92 crore and it is expected to complete in 18 months. Ashoka Buildcon is engaged in the construction & maintenance of roads and supporting services to land support and operation of toll roads. The company's consolidated net profit surged 502% to Rs 661.5 crore in Q3 FY25 as against Rs 109.8 crore posted in Q3 FY24. Revenue from operations declined 10% to Rs 2,387.9 crore in Q3 FY25 over Q3 FY24. The counter declined 5.44% to end at Rs 178.95 on Monday, 10 March 2025.Powered by Capital Market - Live

Revenue from operations declined 10% to Rs 2,387.9 crore in Q3 FY25 over Q3 FY24. On a standalone basis, the company's net profit declined 30% to Rs 60.61 crore on 16% fall in total income to Rs 1,815.7 crore in Q3 FY25 over Q3 FY24. EBITDA fell 9% to Rs 187.1 crore during the quarter, compared with Rs 204.9 crore posted in the corresponding quarter last fiscal. EBITDA margin added to 10.3% in Q3 FY25, compared with 9.35% in Q3 FY24. The company's order book stood at Rs 16,457 crore as on 31 December 2024 as compared with Rs 13,167 crore as on 31 December 2023. Road EPC and Power T&D projects account for 58% and 23% of the total order book, respectively. Road HAM, Railways, and EPC-Building projects contribute 13%, 3%, and 3%, respectively. The debt on a standalone basis is Rs 1,466 crore, which comprises of Rs 107 crore of equipment/term loans & Rs 1,059 crore of working capital loans. Ashoka Buildcon is engaged in the construction & maintenance of roads and supporting services to land support and operation of toll roads.Powered by Capital Market - Live