Ashoka Buildcon Share Price Target 2025, 2026 to 2030

Ashoka Buildcon Limited, established in 1976, is a leading Indian construction and infrastructure development company known for its quality, innovation, and sustainability. The company has built a robust reputation with a diverse portfolio spanning highway development, power transmission and distribution, railways, and city gas distribution. Leveraging various business models such as Engineering, Procurement, and Construction (EPC); Build-Operate-Transfer (BOT); and the Hybrid Annuity Model (HAM), Ashoka Buildcon ensures efficient risk-sharing and seamless execution of complex projects. Its impressive track record includes national highways, urban infrastructure, power substations, railway over-bridges, and city gas networks. Recognized for excellence by entities like the National Highway Authority of India (NHAI), the company is lauded for its safety, quality, and environmental sustainability practices. Listed on the BSE and NSE, Ashoka Buildcon demonstrates strong financial health, with a growing order book and consistent profitability. Beyond business, it actively contributes to society through CSR initiatives focusing on education, healthcare, and environmental conservation, reinforcing its commitment to holistic development.

Shareholdings Patterns of Ashoka Buildcon

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters +54.48%54.47%54.47%54.47%54.47%
FIIs +4.51%7.23%7.63%7.95%8.52%
DIIs +19.72%17.63%19.32%17.79%15.46%
Public +21.28%20.66%18.57%19.80%21.55%
No. of Shareholders1,28,0211,53,5881,54,0291,59,5701,73,239

Ashoka Buildcon’s shareholding patterns demonstrate stability among promoters and evolving trends among institutional and public investors throughout 2023 and 2024. Promoters consistently held a majority stake, maintaining their share at around 54.47%-54.48% across all quarters. Foreign Institutional Investors (FIIs) showed increasing confidence in the company, with their stake rising significantly from 4.51% in December 2023 to 8.52% by December 2024. Conversely, Domestic Institutional Investors (DIIs) saw a decline, reducing their share from 19.72% in December 2023 to 15.46% in December 2024. The public shareholding exhibited fluctuations, beginning at 21.28% in December 2023, dipping to 18.57% by June 2024, and rebounding to 21.55% by the end of the year. Additionally, the number of shareholders increased steadily, growing from 1,28,021 in December 2023 to 1,73,239 by December 2024, reflecting heightened interest and participation in Ashoka Buildcon’s equity market journey.

Latest News on Ashoka Buildcon

Ashoka Buildcon Limited, through its wholly-owned subsidiary, has secured a concession agreement with the National Highways Authority of India (NHAI) for a ₹1,391 crore project to develop a four-lane economic corridor in West Bengal. This strategic initiative aims to enhance regional connectivity, streamline transportation, and boost economic growth in the area. The project is a significant addition to Ashoka Buildcon’s extensive portfolio and highlights its expertise in executing large-scale infrastructure ventures, particularly under the Hybrid Annuity Model (HAM). With its strong track record and commitment to quality, the company is poised to deliver the project successfully, further solidifying its leadership in India’s infrastructure development sector.

How to Buy Ashoka Buildcon Shares in India?

Below are the trading platforms that you can use to purchase Ashoka Buildcon shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Ashoka Buildcon Share Price Prediction: 2025 – 2030

Ashoka Buildcon Share Price Target 2025

WhenMaximum PriceMinimum Price
February 2025285.99219.99
March 2025291.99224.61
April 2025289.10222.39
May 2025280.68215.91
June 2025293.31225.63
July 2025287.56221.20
August 2025296.46228.04
September 2025300.01230.78
October 2025307.81236.78
November 2025315.51242.70
December 2025329.71253.62

In 2025, Ashoka Buildcon’s share prices are projected to show steady growth. By February, prices are expected to range between ₹219.99 and ₹285.99. June may see gradual increases, peaking at ₹293.31. By September, prices might touch ₹300.01, rising further to ₹315.51 in November. As we step into December 2025, the year is anticipated to conclude with a maximum price of ₹329.71 and a minimum of ₹253.62.

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Ashoka Buildcon Share Price Prediction 2026

WhenMaximum PriceMinimum Price
January 2026339.60261.23
February 2026331.11254.70
March 2026337.73259.79
April 2026344.62265.09
May 2026341.21262.47
June 2026349.74269.03
July 2026342.88263.76
August 2026353.49271.91
September 2026360.56277.35
October 2026369.93284.56
November 2026379.18291.68
December 2026388.66298.97

Ashoka Buildcon’s share prices are projected to show a steady upward trend. As we move into January, the prices are expected to range between ₹261.23 and ₹339.60. As we move through the year, prices may reach ₹353.49 in August and ₹360.56 in September. Further growth is anticipated, with prices potentially touching ₹379.18 in November. As we move into December, the year is likely to close with a maximum price of ₹388.66 and a minimum of ₹298.97.

Ashoka Buildcon Share Price Target 2027

WhenMaximum PriceMinimum Price
January 2027392.55301.96
February 2027402.61309.70
March 2027418.31321.78
April 2027410.11315.47
May 2027398.17306.28
June 2027416.08320.07
July 2027407.93313.79
August 2027420.54323.49
September 2027435.26334.82
October 2027446.58343.52
November 2027457.74352.11
December 2027469.19360.91

Ashoka Buildcon Share Price Prediction 2028

WhenMaximum PriceMinimum Price
January 2028478.57368.13
February 2028490.84377.57
March 2028509.98392.30
April 2028499.98384.60
May 2028485.42373.40
June 2028507.27390.20
July 2028497.32382.55
August 2028512.70394.38
September 2028530.64408.19
October 2028544.44418.80
November 2028558.05429.27
December 2028572.00440.00

Ashoka Buildcon Share Price Target 2029

WhenMaximum PriceMinimum Price
January 2029583.44448.80
February 2029598.40460.31
March 2029621.74478.26
April 2029609.55468.89
May 2029591.80455.23
June 2029618.43475.71
July 2029606.30466.39
August 2029625.05480.81
September 2029646.93497.64
October 2029663.75510.58
November 2029680.34523.34
December 2029697.35536.43

Ashoka Buildcon Share Price Target 2030

WhenMaximum PriceMinimum Price
January 2030711.30547.15
February 2030729.54561.18
March 2030757.99583.07
April 2030743.13571.64
May 2030721.48554.99
June 2030753.95579.96
July 2030739.17568.59
August 2030762.03586.17
September 2030788.70606.69
October 2030809.20622.46
November 2030829.43638.03
December 2030850.17653.98

Ashoka Buildcon’s share prices are anticipated to demonstrate a strong upward trajectory. As we progress into January, prices are expected to range between ₹547.15 and ₹711.30. In February, they may rise further to a maximum of ₹729.54. By mid-year, in June, prices could reach ₹753.95 with a minimum of ₹579.96. Moving into the later months, September is projected to see a peak at ₹788.70, and by November, prices might climb to ₹829.43. As we progress into December, the year is likely to conclude with a maximum price of ₹850.17 and a minimum of ₹653.98.

Financial Condition of Ashoka Buildcon

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales +5,0704,9925,9998,1009,79810,663
Expenses +3,4953,4554,2106,1327,5647,946
Operating Profit1,5751,5361,7891,9692,2352,718
OPM %31%31%30%24%23%25%
Other Income +9314748564312304
Interest1,0439701,0041,1041,3101,286
Depreciation300276338341367363
Profit before tax3264389325888701,373
Tax %51%38%17%50%40%
Net Profit +160273771294521973
EPS in Rs5.899.8427.7310.4217.9233.96
Dividend Payout %0%0%0%0%0%

Over the past years, Ashoka Buildcon has demonstrated consistent growth in its financial performance. Sales revenue has increased steadily, rising from ₹5,070 crore in March 2020 to ₹9,798 crore in March 2024, with a further increase to ₹10,663 crore in the trailing twelve months (TTM). However, the rise in expenses, which grew from ₹3,495 crore in March 2020 to ₹7,946 crore in TTM, has slightly compressed the operating profit margins (OPM%), which declined from 31% in March 2020 to 23% in March 2024, before improving to 25% in TTM.

Operating profit has grown from ₹1,575 crore in March 2020 to ₹2,718 crore in TTM, indicating resilience despite margin fluctuations. Other income has varied significantly, peaking at ₹485 crore in March 2022 before stabilizing at ₹304 crore in TTM. Interest expenses have increased steadily, reaching ₹1,286 crore in TTM, while depreciation has shown a marginal rise to ₹363 crore.

Net profit has exhibited volatility, increasing sharply from ₹160 crore in March 2020 to ₹771 crore in March 2022, but declining to ₹294 crore in March 2023, before recovering to ₹973 crore in TTM. This has positively impacted the Earnings Per Share (EPS), which grew from ₹5.89 in March 2020 to ₹33.96 in TTM. Notably, Ashoka Buildcon has maintained a 0% dividend payout across all years, reflecting its strategy to reinvest earnings for growth.

FAQs

What is the current market capitalization of Ashoka Buildcon?

As of February 05th, 2025, the market cap is standing at ₹6,927 Crores.

What is the current share price of Ashoka Buildcon?

Ashoka Buildcon shares are currently trading at ₹247 as of February 05th, 2025.

What is the share price target for Ashoka Buildcon in 2025?

Looking ahead, the share price is expected to range between ₹215.91 to ₹329.71 by 2025.

What is the share price target for Ashoka Buildcon in 2030?

The long-term outlook is optimistic, with a projected range of ₹653.98 to ₹850.17 by December 2030.

What is the current Price-to-Earnings (PE) ratio of Ashoka Buildcon?

Currently, the stock’s PE ratio is at a reasonable 7.79.

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Conclusion

In conclusion, Ashoka Buildcon’s financial performance showcases consistent growth, with increasing revenues and operating profits. Despite challenges in operating profit margins, the company has managed to maintain a strong financial position, with a positive trajectory in net profit and earnings per share (EPS). The steady rise in sales, combined with a robust order book and increasing investor confidence, reflects Ashoka Buildcon’s resilience and potential for sustained growth. Additionally, its recent achievements, such as securing a ₹1,391 crore project with NHAI, further underline its expertise and capacity to lead large-scale infrastructure initiatives. With its solid fundamentals, growing market presence, and promising share price projections, Ashoka Buildcon is well-positioned for a successful future.

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Author: Ashnoor

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