BSECompany Update11 Aug 2026 · 11 Aug 2026, 10:03 pm
Please find enclosed herewith the Copy of Press Release in respect of Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.
Ashoka Buildcon Ltd · 533271
✦ AI SummaryResults
Ashoka Buildcon Ltd reported its unaudited financial results for Q1 FY27, with a 1% decline in total income and a 17% decline in EBITDA. The company's order book stood at Rs. 15,251 crores, with a 33.2% share of Power T&D segment. The company also received LOAs for two projects in Guyana and Chhattisgarh, and settled a Show Cause Notice with NHAI.
Analysis Scores
Earnings Impact6/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10
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Ashoka Buildcon Ltd - 533271 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Ashoka Buildcon Limited
To, To,
The Manager, The Manager,
The Department of Corporate Services The Listing Department
Bombay Stock Exchange Limited National Stock Exchange of India Limited
Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai – 400 051
Scrip Code: Equity: 533271 Scrip Symbol: ASHOKA
Debt Codes: CPs –730851/731112/731435/731487/732069/732127; and
NCDs - 976190 / 976191 / 976192
August 11, 2026
Sub: Press Release
Please find enclosed herewith the copy of Press Release in respect of Unaudited Standalone and
Consolidated Financial Results for the quarter ended June 30, 2026.
Kindly take the matter on your record.
Thanking you,
For Ashoka Buildcon Limited
(Manoj A. Kulkarni)
Company Secretary
ICSI Membership No.: FCS - 7377
Encl.: As above
Regd. Office: S. No. 861, Ashoka House, Ashoka Marg, Vadala, Nashik – 422 011, Maharashtra, India
Tel. + 91 253 6633705Fax +91 253 2236704 www.ashokabuildcon.com
CIN: L45200MH1993PLC071970
Investor Release
Ashoka Buildcon Limited
Q1 FY27 Business & Financial Highlights
11th August 2026, Mumbai, Maharashtra
Ashoka Buildcon Limited (BSE: 533271 / NSE: ASHOKA), an integrated EPC, BOT and HAM player,
reported its unaudited financial results for the quarter ended 30th June 2026
Standalone Financial Performance
Particulars (Rs. Crs.) Q1 FY27 Q1 FY26 Y-o-Y
Total Income 1,320.4 1,339.1 -1%
EBITDA 125.5 150.7 -17%
EBITDA Margin % 9.5% 11.3%
Profit Before Tax 43.0 43.3 -1%
Profit After Tax 31.5 30.6 3%
Order Book Summary as on 30th June 2026*
Segment Rs. Crs. % of Order Book
Road EPC 6,783 44.5%
Road HAM 1,519 10.0%
Building EPC 536 3.5%
Railways 1,346 8.8%
Power T&D 5,066 33.2%
Total Order Book 15,251* 100.0%
*Excluding orders received post 30th June 2026 of Rs. 451 crores
• The Debt on a Standalone basis is Rs. 1,173 Crores; which comprises of Rs. 63
Crores of Equipment loans and Rs. 1,110 Crores of Working Capital loans
• Consolidated Debt is Rs. 2,773 Crores
Developing Infrastructure for Better Tomorrow
Investor Release
UPDATES
Dilution of Stake in Ashoka Purestudy Technologies Private Limited
(APTPL)
The Company’s subsidiary, Ashoka Purestudy Technologies Private Limited
(APTPL), allotted 29,879 equity shares of Rs.10/- each on a preferential
allotment basis to a new investor on June 12, 2026.
Consequent to the allotment, the Company’s shareholding in APTPL stands
diluted from 59% to 39.33%; APTPL has ceased to be a subsidiary and is now
an Associate Company of the Company with effect from June 12, 2026.
Receipt of LOA from Chhattisgarh State Industrial Development
Corporation Limited (CSIDC)
The Company, in Joint Venture as Lead Member with 51% stake, has received
a Letter of Acceptance from CSIDC for Development of Gems & Jewellery
Park under PPP mode at Raipur, Chhattisgarh, over an area of 38,922 sq.
mtrs.
The accepted amount of premium payable for the project is Rs.112.40 crore,
for a lease period of 30 years (extendable up to 90 years) with a construction
period of 5 years.
Receipt of LOA from Central Housing and Planning Authority, Guyana
The Company has received a Letter of Acceptance for the Construction of a
Four Lane Highway from Versailles, West Bank Demerara to Parika, East Bank
Essequibo, Region No. 3 – Lot 8, in Guyana.
The accepted value of the project is GYD $7,455 million (USD 35.42 million),
to be executed within a time period of 20 months.
Developing Infrastructure for Better Tomorrow
Investor Release
Settlement with NHAI on Show Cause Notice
In continuation to disclosures made on November 27, 2025 and December
12, 2025 regarding the Show Cause Notice dated November 26, 2025 issued
by NHAI, the Company and NHAI have entered into a Settlement Agreement.
NHAI has agreed to close the proceedings with no further action against the
Company, including withdrawal of the suspension and confirmation of no
debarment, against payment of Rs.1.04 crore by the Company, deposited
with NHAI on July 9, 2026.
Incorporation of New Company (SPV) – Ashoka - RDB Infrastructure &
Development Private Limited
The Company has incorporated a new SPV, Ashoka - RDB Infrastructure &
Development Private Limited, on July 15, 2026, jointly with RDB Real Estate
Constructions Limited, with the Company holding a 51% stake.
The SPV has been set up for Development of Gems & Jewellery Park under
PPP mode at Krishi Upaj Mandi, Mandi Road, Pandri, Raipur (Chhattisgarh);
the Company has subscribed to 5,100 equity shares aggregating Rs.51,000/-.
Extension of Timeline for Sale of Remaining 6 SPVs of Ashoka
Concessions Limited (ACL)
The Company and ACL, along with the Proposed Investor (Epic Concesiones 2
Private Limited / Infrastructure Yield Plus II & IIA, managed by EAAA India
Alternatives Limited), have mutually agreed to further extend the indicative
timelines for completion of sale of the remaining six SPVs.
The indicative date of completion has been extended up to September 15,
2026 for TS-1, TS-2 and TS-3 (where major construction works are complete)
and up to September 30, 2026 for the BS SPV, subject to fulfilment of
conditions precedent and requisite regulatory/lender approvals.
Developing Infrastructure for Better Tomorrow
Investor Release
About Ashoka Buildcon Limited
Ashoka Buildcon Limited (BSE:533271, NSE: ASHOKA EQ) is a Fortune India 500 company and one of
the leading highway developers in India. The company is an integrated EPC, BOT and HAM player.
The Company has experience of more than 50 years in the field of construction and infrastructure
development. The Company has executed / been executing 41 PPP Projects and has presence over
20 states in the country. The Company has constructed various prestigious projects across the
country in roads and highways sectors. Ashoka has time and again demonstrated its ability to
transform the opportunities into success especially in sectors requiring complex skill sets
Safe Harbor
Statements in this document relating to future status, events, or circumstances, including but not
limited to statements about plans and objectives, the progress and results of research and
development, potential project characteristics, project potential and target dates for project related
issues are forward-looking statements based on estimates and the anticipated effects of future
events on current and developing circumstances. Such statements are subject to numerous risks
and uncertainties and are not necessarily predictive of future results. Actual results may differ
materially from those anticipated in the forward-looking statements. The company assumes no
obligation to update forward-looking statements to reflect actual results changed assumptions or
other factors
Contact Details
Company: Ashoka Buildcon Limited
CIN – L45200MH1993PLC071970
Mr. Paresh Mehta – Chief Financial Officer
Email: paresh.mehta@ashokabuildcon.com
www.ashokabuildcon.com
Investor Relations Partner: Strategic Growth Advisors Pvt. Ltd.
CIN: U74140MH2010PTC204285
Mr. Deven Dhruva / Mr. Jigar Kavaiya
Email: deven.dhruva@sgapl.net / jigar.kavaiya@sgapl.net
Tel: +91 98333 7300 / +91 99206 02034
www.sgapl.net
Developing Infrastructure for Better Tomorrow