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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Ashoka Buildcon Limited is an India-based highway developer. The Company is engaged in the engineering, procurement and construction (EPC), build-operate-transfer (BOT), and hybrid annuity mode (HAM) businesses. Its segments include Construction & Contract, BOT/Annuity…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, trading cheap versus its own history.
Ashoka Buildcon is scored on the general / industrial framework. It keeps a fat 33.4% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.25×) — worth a closer look. It throws off free cash worth 67.4% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at -2%/yr and profit at 106%/yr. Book value itself has compounded 51%/yr — the hallmark of a genuine compounder. Return on equity is a modest 9.6%. In the latest quarter profit fell 13% versus the prior quarter.
At 1× earnings, the stock sits at the 2nd percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~-38%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 1.26 | — | — |
| P/B | 0.43 | 2.58 | better |
| EV/EBITDA | 1.14 | — | — |
| ROE | 9.58 | 6.27 | better |
| ROCE | 12.95 | 29.51 | worse |
| ROA | 17.41 | 3.35 | better |
| Quick Ratio | 2.02 | 11.27 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Larsen & Toubro | 27.1 | 5.0 | 15.8% |
| RVNL | 44.7 | 4.1 | 8.9% |
| ACME Solar Holdings | 36.9 | 3.3 | 9.1% |
Revenue is on a 2-year growth streak. Negative CAGR — the top line has shrunk over this window. Growth is decelerating — latest year grew slower than the year before.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (106% vs -2%) — margin expansion is at work. The latest year saw a +49% swing — check if it's a one-off or structural.
Operating margin has expanded from 7% to 41% — the business is keeping more of each rupee earned. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 39% — the business earns well above its cost of equity. ROE powered by fat margins — the hallmark of a high-quality franchise with pricing power. Capital efficiency improving — ROE up 24pp across the window.
EPS has grown every year — each share earns more than the last, consistently. 106% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 0.3× PAT — reported profit isn't translating into cash, raising earnings quality questions. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 23% QoQ — could be seasonality or a genuine slowdown.
Profit fell 13% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (5% → 8%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 54.5% — majority control intact. FIIs trimmed 3.3pp — foreign money is rotating out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.