Ashoka Buildcon Limited (ASHOKA) Earnings Call Transcripts
Ashoka Buildcon Limited's Latest Earnings Call - Q4 FY2026
In Q4 FY '26, Ashoka Buildcon Limited reported a total income of INR 1,819 crores, down 10% YoY, with a PAT of INR 49 crores compared to INR 60 crores in Q4 FY '25. The company faced challenges due to geopolitical tensions, supply chain uncertainties, and rising input costs, leading to a 17% decline in total income for the fiscal year. Management has guided for a revenue growth of 20% in FY '27, targeting an order inflow of INR 8,000 to INR 10,000 crores, while EBITDA margins are expected to improve to between 9.5% and 10.5%.
Reported metrics
| Metric | Value |
|---|---|
| Total Income Q4 FY '26 | INR 1,819 crores (miss) |
| PAT Q4 FY '26 | INR 49 crores (miss) |
| Total Income FY '26 | INR 5,952 crores (miss) |
| EBITDA Margin Q4 FY '26 | 9.2% (positive) |
| EBITDA FY '26 | INR 636 crores (miss) |
| Consolidated Debt | INR 2,778 crores (null) |
Guidance from management
Management expects a revenue growth of 20% in FY '27, with an order inflow target of INR 8,000 to INR 10,000 crores. They anticipate EBITDA margins to improve to between 9.5% and 10.5%.
What management said
Thank you, Bhavin. Good afternoon, everyone, and a very warm welcome to all of you joining us in Ashoka Buildcon Limited's earnings conference call for the quarter and financial year ended 31st March 2026. I appreciate your continued...
Both the orders, yes, they will be [ excluded ] at SPV level. So at the console, they will be captured, but stand-alone AB level, they are not direct orders executed by ABL directly.
What analysts pressed on
Analysts expressed concerns regarding the weak execution in FY '26 and its impact on future margins. They questioned the sustainability of revenue growth given the backlog of smaller projects and the potential for diseconomies of scale.
Main topics on the call
- Revenue Decline — Ashoka Buildcon's total income for Q4 FY '26 was INR 1,819 crores, a decrease from INR 2,012 crores in Q4 FY '25, reflecting a 10% YoY decline. For the full fiscal year, total income fell to INR 5,952 crores from INR 7,1...
- Order Book Growth — The company reported a balance order book of INR 15,312 crores as of March 31, 2026, with a diversified portfolio across roads, railways, and power transmission. Management indicated that they secured several key project...
- Guidance for FY '27 — Management has set a revenue growth target of 20% for FY '27, with an expected order inflow of INR 8,000 to INR 10,000 crores. They also anticipate EBITDA margins to improve to a range of 9.5% to 10.5%.
- Challenges in Execution — The company faced execution challenges due to geopolitical tensions and supply chain issues, which impacted project timelines and margins. Management noted that execution pace was lower than anticipated, affecting overal...
Read the full Ashoka Buildcon Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Ashoka Buildcon Limited
Ashoka Buildcon Limited (ASHOKA) is a publicly listed company in the Construction and Engineering industry, within the Industrials sector. It trades on NSEI and is based in IN. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 24 calls on record spanning February 11, 2020 to May 22, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 24 Ashoka Buildcon Limited earnings call transcripts on record, spanning February 11, 2020 to May 22, 2026. Based on this history, Ashoka Buildcon Limited reports quarterly. The most recent call on file is dated May 22, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- ASHOKA
- Exchange
- NSEI
- Country
- IN
- Sector
- Industrials
- Industry
- Construction and Engineering
- Calls on record
- 24
- First call
- February 11, 2020
- Most recent
- May 22, 2026
- Reporting cadence
- quarterly
| Quarter | Date | |
|---|---|---|
| Q4 FY2026 | May 22, 2026 | Read transcript → |
| Q4 FY2025 | May 26, 2025 | Read transcript → |
| Q3 FY2025 | Feb 11, 2025 | Read transcript → |
| Q2 FY2025 | Nov 13, 2024 | Read transcript → |
| Q1 FY2025 | Aug 16, 2024 | Read transcript → |
| Q4 FY2024 | May 23, 2024 | Read transcript → |
| Q3 FY2024 | Feb 8, 2024 | Read transcript → |
| Q2 FY2024 | Nov 9, 2023 | Read transcript → |
| Q1 FY2024 | Aug 11, 2023 | Read transcript → |
| Q4 FY2023 | May 25, 2023 | Read transcript → |
| Q3 FY2023 | Feb 13, 2023 | Read transcript → |
| Q2 FY2023 | Nov 14, 2022 | Read transcript → |
| Q1 FY2023 | Aug 11, 2022 | Read transcript → |
| Q4 FY2022 | May 26, 2022 | Read transcript → |
| Q3 FY2022 | Feb 14, 2022 | Read transcript → |
| Special Calls | Dec 27, 2021 | Read transcript → |
| Q2 FY2022 | Nov 15, 2021 | Read transcript → |
| Q1 FY2022 | Aug 12, 2021 | Read transcript → |
| Q4 FY2021 | Jun 22, 2021 | Read transcript → |
| Q3 FY2021 | Feb 8, 2021 | Read transcript → |
| Q2 FY2021 | Nov 12, 2020 | Read transcript → |
| Q1 FY2021 | Aug 12, 2020 | Read transcript → |
| Q4 FY2020 | Jun 16, 2020 | Read transcript → |
| Q3 FY2020 | Feb 11, 2020 | Read transcript → |