Ashoka Buildcon
Market Cap
₹26.3b
Last Updated
2021/01/22 12:08 UTC
Data Sources
Company Financials +
Executive Summary
Ashoka Buildcon Limited operates as an infrastructure development company in India. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 14.3% per year for the next 3 years
Snowflake Analysis
Good value with acceptable track record.
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
Stable Share Price: 533271 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 533271's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-1.4%
533271
-0.7%
IN Construction
-0.7%
IN Market
1 Year Return
-22.1%
533271
1.0%
IN Construction
17.3%
IN Market
Return vs Industry: 533271 underperformed the Indian Construction industry which returned 1% over the past year.
Return vs Market: 533271 underperformed the Indian Market which returned 17.3% over the past year.
Shareholder returns
| 533271 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | -0.7% | -0.7% |
| 30 Day | -1.8% | 10.1% | 8.4% |
| 90 Day | 46.0% | 36.8% | 23.0% |
| 1 Year | -22.1%-22.1% | 4.2%1.0% | 19.5%17.3% |
| 3 Year | -40.7%-40.8% | -17.5%-21.6% | 8.9%3.6% |
| 5 Year | -26.6%-28.0% | 58.2%47.2% | 81.8%67.9% |
Long-Term 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
2 years ago | Simply Wall St
Market Sentiment Around Loss-Making Ashoka Buildcon Limited (BOM:533271)Valuation
Is Ashoka Buildcon undervalued compared to its fair value and its price relative to the market?
47.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 533271 (₹92.5) is trading below our estimate of fair value (₹175.37)
Significantly Below Fair Value: 533271 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 533271 is good value based on its PE Ratio (12.4x) compared to the IN Construction industry average (14.9x).
PE vs Market: 533271 is good value based on its PE Ratio (12.4x) compared to the Indian market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: 533271's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 533271 is overvalued based on its PB Ratio (5.6x) compared to the IN Construction industry average (0.8x).
Next Steps
Future Growth
How is Ashoka Buildcon forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-14.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 533271's earnings are forecast to decline over the next 3 years (-14.3% per year).
Earnings vs Market: 533271's earnings are forecast to decline over the next 3 years (-14.3% per year).
High Growth Earnings: 533271's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 533271's revenue (10.8% per year) is forecast to grow slower than the Indian market (11.7% per year).
High Growth Revenue: 533271's revenue (10.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 533271's Return on Equity is forecast to be high in 3 years time (22.9%)
Next Steps
Past Performance
How has Ashoka Buildcon performed over the past 5 years?
23.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 533271 has high quality earnings.
Growing Profit Margin: 533271 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 533271's earnings have grown significantly by 23.7% per year over the past 5 years.
Accelerating Growth: 533271 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 533271 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (-22.7%).
Return on Equity
High ROE: Whilst 533271's Return on Equity (35.63%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Ashoka Buildcon's financial position?
Financial Position Analysis
Short Term Liabilities: 533271's short term assets (₹35.3B) do not cover its short term liabilities (₹43.5B).
Long Term Liabilities: 533271's short term assets (₹35.3B) do not cover its long term liabilities (₹86.6B).
Debt to Equity History and Analysis
Debt Level: 533271's debt to equity ratio (998%) is considered high.
Reducing Debt: 533271's debt to equity ratio has increased from 153.3% to 998% over the past 5 years.
Debt Coverage: 533271's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: 533271's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Ashoka Buildcon current dividend yield, its reliability and sustainability?
1.51%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 533271's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 533271's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 533271's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 533271's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 533271 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 533271's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
13.7yrs
Average management tenure
CEO
Satish Parakh (62 yo)
14.75yrs
Tenure
₹50,915,000
Compensation
Mr. Satish Dhondulal Parakh, B.E (Civil), has been Managing Director of Ashoka Buildcon Ltd. since April 1, 2006. Mr. Parakh has extensive experience in the construction industry. He has been with the Asho...
CEO Compensation Analysis
Compensation vs Market: Satish's total compensation ($USD697.84K) is above average for companies of similar size in the Indian market ($USD360.66K).
Compensation vs Earnings: Satish's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 14.75yrs | ₹50.92m | 18.75% ₹ 4.9b | |
| MD and Executive & Non-Independent Director | 14.75yrs | ₹50.92m | 18.49% ₹ 4.9b | |
| CEO of Projects & Whole Time Director | 8.67yrs | ₹38.36m | 0.25% ₹ 67.0m | |
| Whole Time Director | 6.92yrs | ₹18.40m | no data | |
| Chief Financial Officer | no data | ₹10.40m | 0.015% ₹ 4.0m | |
| Chief Operating Officer | 26yrs | ₹17.10m | no data | |
| Chief Operating Officer | no data | ₹11.40m | no data | |
| Chief Operating Officer | no data | ₹10.10m | no data | |
| Deputy General Manager of Human Resources & Administration | 12.67yrs | ₹460.00k | no data | |
| General Manager of Legal | 10.75yrs | ₹250.00k | no data | |
| Compliance Officer & Company Secretary | no data | ₹1.92m | 0.0027% ₹ 696.3k | |
| Senior Vice President | no data | ₹8.70m | no data |
13.7yrs
Average Tenure
56yo
Average Age
Experienced Management: 533271's management team is seasoned and experienced (13.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 14.75yrs | ₹50.92m | 18.75% ₹ 4.9b | |
| MD and Executive & Non-Independent Director | 14.75yrs | ₹50.92m | 18.49% ₹ 4.9b | |
| CEO of Projects & Whole Time Director | 8.67yrs | ₹38.36m | 0.25% ₹ 67.0m | |
| Whole Time Director | 6.92yrs | ₹18.40m | no data | |
| Non-Executive Independent Director | 0.75yr | no data | no data | |
| Non-Executive & Non-Independent Director | 0.75yr | no data | 9.43% ₹ 2.5b | |
| Non-Executive & Independent Director | 13.25yrs | ₹720.00k | 0.00064% ₹ 168.2k | |
| Non-Executive & Independent Director | 8.67yrs | ₹540.00k | 0.00013% ₹ 34.2k | |
| Non-Executive & Independent Director | 7.92yrs | ₹480.00k | no data |
8.7yrs
Average Tenure
62yo
Average Age
Experienced Board: 533271's board of directors are considered experienced (8.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 533271 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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: ₹26.276b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 533271 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Oct 2010 |
| ASHOKA | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Oct 2010 |
Biography
Ashoka Buildcon Limited operates as an infrastructure development company in India. The company operates through three segments: Construction & Contract Related Activity; Built, Operate and Transfer (BOT);...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 12:08 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.