BSE:533271

Stock Analysis Report

Executive Summary

Ashoka Buildcon Limited operates as an infrastructure development company in India.

Snowflake

Fundamentals

Reasonable growth potential with poor track record.

Risks

  • Ashoka Buildcon has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Ashoka Buildcon's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.2%

BSE:533271

1.4%

IN Construction

0.4%

IN Market


1 Year Return

-17.2%

BSE:533271

-10.2%

IN Construction

-13.4%

IN Market

533271 underperformed the Construction industry which returned -10.2% over the past year.

533271 underperformed the Market in India which returned -13.4% over the past year.


Share holder returns

533271IndustryMarket
7 Day-1.2%1.4%0.4%
30 Day-2.3%-5.7%-3.7%
90 Day-3.8%-10.1%-7.4%
1 Year-17.2%-17.2%-9.3%-10.2%-11.7%-13.4%
3 Year16.2%14.9%20.3%16.5%18.7%12.4%
5 Year40.5%36.5%36.0%27.9%37.5%24.5%

Price Volatility Vs. Market

How volatile is Ashoka Buildcon's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ashoka Buildcon undervalued based on future cash flows and its price relative to the stock market?

11.5x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Ashoka Buildcon's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Ashoka Buildcon's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Ashoka Buildcon is loss making, we can't compare its value to the IN Construction industry average.

Ashoka Buildcon is loss making, we can't compare the value of its earnings to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Ashoka Buildcon, we can't assess if its growth is good value.


Price Based on Value of Assets

Ashoka Buildcon is overvalued based on assets compared to the IN Construction industry average.


Next Steps

Future Growth

How is Ashoka Buildcon expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

47.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Ashoka Buildcon's revenue is expected to grow by 12.9% yearly, however this is not considered high growth (20% yearly).

Ashoka Buildcon's earnings are expected to grow significantly at over 20% yearly.

Ashoka Buildcon's revenue growth is expected to exceed the India market average.

Ashoka Buildcon's earnings growth is expected to exceed the India market average.

Ashoka Buildcon's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Ashoka Buildcon will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Ashoka Buildcon performed over the past 5 years?

-44.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Ashoka Buildcon does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Ashoka Buildcon's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Ashoka Buildcon's 1-year growth to the IN Construction industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Ashoka Buildcon has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

Ashoka Buildcon used its assets more efficiently than the IN Construction industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Ashoka Buildcon improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Ashoka Buildcon's financial position?


Financial Position Analysis

Ashoka Buildcon's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Ashoka Buildcon's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Ashoka Buildcon's level of debt (1413.3%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (185% vs 1413.3% today).

Debt is not well covered by operating cash flow (17.7%, less than 20% of total debt).

Ashoka Buildcon is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are 0.6x debt.


Next Steps

Dividend

What is Ashoka Buildcon's current dividend yield, its reliability and sustainability?

1.41%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Unable to evaluate Ashoka Buildcon's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Ashoka Buildcon's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Ashoka Buildcon has not reported any payouts.

Unable to verify if Ashoka Buildcon's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Ashoka Buildcon has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Ashoka Buildcon's salary, the management and board of directors tenure and is there insider trading?

13.3yrs

Average management tenure


CEO

Satish Parakh (61yo)

13.3yrs

Tenure

₹42,068,000

Compensation

Mr. Satish Dhondulal Parakh, B.E(Civil), has been Managing Director of Ashoka Buildcon Ltd. since April 1, 2006. Mr. Parakh has over 27 years experience in the construction industry. He has been with the A ...


CEO Compensation Analysis

Satish's remuneration is higher than average for companies of similar size in India.

Satish's compensation has increased whilst company is loss making.


Management Age and Tenure

13.3yrs

Average Tenure

55.5yo

Average Age

The average tenure for the Ashoka Buildcon management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

7.3yrs

Average Tenure

62yo

Average Age

The tenure for the Ashoka Buildcon board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

Buy₹1,990,92329 Sep 18
Ashok Katariya
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares20,137
Max Price₹98.87
Buy₹3,331,20426 Sep 18
Ashok Katariya
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares29,528
Max Price₹112.82
Buy₹6,622,20020 Sep 18
Ashok Katariya
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares56,500
Max Price₹117.21
Buy₹8,572,15117 Sep 18
Ashok Katariya
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares69,621
Max Price₹123.13
Buy₹14,700,18515 Sep 18
Ashok Katariya
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares112,748
Max Price₹130.38
Buy₹15,389,61212 Sep 18
Ashok Katariya
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares116,436
Max Price₹136.25

Ownership Breakdown


Management Team

  • Sanjay Londhe (55yo)

    CEO of Projects & Whole Time Director

    • Tenure: 7.3yrs
    • Compensation: ₹26.55m
  • Satish Parakh (61yo)

    MD and Executive & Non-Independent Director

    • Tenure: 13.3yrs
    • Compensation: ₹42.07m
  • Ashok Katariya (70yo)

    Executive Chairman

    • Tenure: 13.3yrs
    • Compensation: ₹42.07m
  • Anil Gandhi (61yo)

    Chief Operating Officer

    • Tenure: 24.6yrs
  • Rajendra Burad (52yo)

    Chief Operating Officer

    • Tenure: 0.0yrs
  • Milapraj Bhansali (68yo)

    Whole Time Director

    • Tenure: 5.5yrs
    • Compensation: ₹12.80m
  • Paresh Mehta (55yo)

    Chief Financial Officer

    • Tenure: 0.0yrs
  • Shrikant Shukla (51yo)

    Chief Operating Officer

    • Tenure: 0.0yrs
  • Pradeep Nayyar (56yo)

    Vice President

    • Tenure: 11.3yrs
  • Vivek Kenge (52yo)

    Senior Vice President

    • Tenure: 0.0yrs

Board Members

  • Sanjay Londhe (55yo)

    CEO of Projects & Whole Time Director

    • Tenure: 7.3yrs
    • Compensation: ₹26.55m
  • Satish Parakh (61yo)

    MD and Executive & Non-Independent Director

    • Tenure: 13.3yrs
    • Compensation: ₹42.07m
  • Ashok Katariya (70yo)

    Executive Chairman

    • Tenure: 13.3yrs
    • Compensation: ₹42.07m
  • Milapraj Bhansali (68yo)

    Whole Time Director

    • Tenure: 5.5yrs
    • Compensation: ₹12.80m
  • Sharad Abhyankar (54yo)

    Non-Executive & Independent Director

    • Tenure: 11.8yrs
    • Compensation: ₹480.00k
  • Albert Tauro (68yo)

    Non-Executive & Independent Director

    • Tenure: 7.3yrs
    • Compensation: ₹720.00k
  • Gyan Daga (63yo)

    Non-Executive & Independent Director

    • Tenure: 6.5yrs
    • Compensation: ₹480.00k
  • Sunanda Dandekar (52yo)

    Non-Executive & Independent Director

    • Tenure: 4.4yrs
    • Compensation: ₹540.00k

Company Information

Ashoka Buildcon Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ashoka Buildcon Limited
  • Ticker: 533271
  • Exchange: BSE
  • Founded: 1976
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ₹33.181b
  • Shares outstanding: 280.72m
  • Website: https://www.ashokabuildcon.com

Number of Employees


Location

  • Ashoka Buildcon Limited
  • Ashoka House
  • S. No - 861, Ashoka Marg
  • Nashik
  • Maharashtra
  • 422011
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
533271BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2010
ASHOKANSEI (National Stock Exchange of India)YesEquity SharesININROct 2010

Biography

Ashoka Buildcon Limited operates as an infrastructure development company in India. The company operates through three segments: Construction & Contract Related Activities; Built, Operate, and Transfer (BO ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 12:49
End of Day Share Price2019/08/21 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.