Ashoka Buildcon Limited · NSE:ASHOKA
Ashoka Buildcon — Q4 FY26 Earnings Presentation
29 slides from Ashoka Buildcon's earnings presentation, May 22, 2026
Slide 1: Ashoka Buildcon Limited exchange filing letter
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), Mum
Slide 2: Investor Presentation May 2026
Investor Presentation May 2026
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by and is the sole responsibility of Ashoka Buildcon Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or in
Slide 4: Q4 & FY26 Business & Financial Highlights
Q4 & FY26 Business & Financial Highlights
Slide 5: Key Updates for Q4 FY26 (1/2)
Key Updates for Q4 FY26 (1/2) Receipt of LOA from Diriyah Company, Kingdom of Saudi Arabia The Company’s wholly owned subsidiary in Kingdom of Saudi Arabia viz. Ashoka Buildcon Limited for Contracting, in joint venture with BEC Arabia Contracting Co. has received a LOA from Diriyah Company for the m
Slide 6: Key Updates for Q4 FY26 (2/2)
Key Updates for Q4 FY26 (2/2) Extension of date of Sale of 6 HAM SPVs The Company announced of the extension of indicative date of completion of sale for the remaining 6 HAM SPVs subject to conditions precedent. The expected date where the construction works are complete, is extended up to June 30,
Slide 7: Q4 & FY26 Standalone Financial Performance Highlights
Q4 & FY26 Standalone Financial Performance Highlights Total Revenue (Rs. Crs.) EBITDA (Rs. Crs.) EBITDA Margin % Profit before Tax* -10% +20 bps -4% -7% 2,012 181 9.0% 9.2% 79 75 Q4 FY26 1,819 168 Q4 FY25 Q4 FY26 Q4 FY25 Q4 FY26 Q4 FY25 Q4 FY26 Q4 FY25 Q4 FY26 -6% +130 bps -17% -19% 7,188 673 636 10
Slide 8: Debt Profile
Debt Profile Consolidated Debt (Rs. Crs.) Cash & Bank Balance (Rs. Crs.) Standalone Debt Project Debt Incl ACL Debt Standalone Cash & Bank Balance Consolidated Cash & Bank Balance 6,671 6,826 1,826 1,405 1,652 4,910 1,151 1,111 1,216 1,362 2,718 2,778 5,266 5,174 584 1,042 1,127 274 384 376 3,548 21
Slide 9: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Particulars (Rs. Crs.) Q4 FY26 Q4 FY25 Y-o-Y Q3 FY26 Q-o-Q FY26 FY25 Y-o-Y Revenue from Operations 1,771.9 1,974.8 -10% 1,463.0 21% 5,811.7 7,061.4 -18% Other Income 46.7 37.6 28.9 140.5 126.4 Total Revenue 1,818.6 2,012.4 -10% 1,491.9 22% 5,952.2 7,187.8 -17% Cost
Slide 10: Standalone Balance Sheet
Standalone Balance Sheet Assets (Rs. Crs.) Mar'26 Mar’25 Equity & Liabilities (Rs. Crs.) Mar'26 Mar’25 Non - Current Assets 2,205.5 2,375.6 Total Equity 4,331.7 4,009.4 Property Plant & Equipment 277.1 303.5 Share Capital 140.4 140.4 Capital Work In Progress 37.9 16.3 Other Equity 4,191.4 3,869.0 In
Slide 11: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. Crs.) Q4 FY26 Q4 FY25 Y-o-Y Q3 FY26 Q-o-Q FY26 FY25 Y-o-Y Revenue from Operations 1,954.3 2,694.4 -27% 1,827.3 7% 7,519.9 10,036.6 -25% Other Income 38.0 61.0 39.0 183.7 168.8 Total Revenue 1,992.3 2,755.4 -28% 1,866.3 7% 7,703.6 10,205.4 -25% Co
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (Rs. Crs.) Mar'26 Mar’25 Equity & Liabilities (Rs. Crs.) Mar'26 Mar’25 Non - Current Assets 2,907.7 3,011.9 Total Equity 6,576.2 4,159.1 Property Plant & Equipments 307.5 323.6 Share Capital 140.4 140.4 Capital Work In Progress 53.7 52.8 Investment Property 62.6 38.
Slide 13: Cash Flow Statement
Cash Flow Statement Standalone Consolidated Particulars (Rs. Crs.) Mar'26 Mar'25 Mar'26 Mar'25 Profit Before Exceptional Items & Tax 390.2 278.9 3,132.3 1,554.8 Adjustments for: Non-Cash / Other Items 213.7 338.8 -1,546.6 624.2 Operating profit before working capital changes 603.9 617.7 1,585.7 2,17
Slide 14: Company Overview
ASHOKA Ashoka Buildcon Ltd. Company Overview
Slide 15: Ashoka Buildcon – Legacy of Excellence
Ashoka Buildcon – Legacy of Excellence 50+ YEARS of Rs. 15,312 Crs. 10,000+ members experience in Order Book as on 31st in Ashoka Family construction industry March 2026** 14,000 LANE Kms. 30,000 Villages of highway constructed illuminated through Power T&D projects ACUITE RATINGS AA (stable)/Reaffi
Slide 16: Ashoka Buildcon - Business Structure
Ashoka Buildcon - Business Structure Ashoka Buildcon Limited (ABL) Ashoka Concession Limited (ACL) ABL Owned Projects % Stake (ABL owning 100% Stake) Bagewadi Saundatti (BOT Annuity) 100% HAM Projects % Stake Chennai ORR (BOT Annuity) 100% Mallasandra Karadi Road 100% Hungud Talikot (BOT Annuity) 10
Slide 17: Order Book
Order Book Segment Breakup Region Breakup Client Breakup 0.5% 9.3% 6.9% 13.2% North 3.7% 9.3% 3.7% 30.2% 0.1% 12.2% South 10.6% Road EPC 46.3% East Central Govt Road HAM West State Govt Building EPC Central HAM 9.3% Railways North East Private Client 3.7% Power T&D 10.6% Overseas 67.3% Overseas 63.2
Slide 18: Current Order Backlog
Current Order Backlog Segment Rs. Crs. Segment Rs. Crs. Roads 8,703 Tumkur-Shivamoga IV, Karnataka 155 Other EPC Projects Baswantpur to Singnodi 11 Rajasthan 74 Tumkur-Shivamoga III, Karnataka 38 Tumkur - Shivamoga II, Karnataka 31 Uttar Pradesh 72 HAM 1,619 Khrar - Ludhiana, Punjab 16 Madhya Prades
Slide 19: HAM Project Portfolio
HAM Project Portfolio All figures in Rs Crs. As per Financial Closure As per Actuals PIM Projects % Stake Estimated Estimated Grant Equity PIM Total Debt No. of Status TPC Est. Grant Est. Contribution (As on 31st March 2026) (ACL/ABL) Equity Debt Received Invested Received Drawn Annuity Due Est. Bel
Slide 20: BOT Project Portfolio
BOT Project Portfolio All figures in Rs Crs. Projects (Rs. Crs.) % Stake Lane / Lanes Contract Ending (As on 31 st March State / Client Type Signing Date Concession Period Grant/ Premium Annuity Debt (ACL/ABL) Kms Date 2026) Premium of Rs. Rs. Jaora – Nayagaon 74% MP / MPRDC 4 / 511.24 BOT-Toll 20-A
Slide 21: Top Executive Management
Top Executive Management Mr. Ashok Katariya Mr. Satish Parakh Mr. Sanjay Londhe Mr. Ashish A. Kataria Mr. Paresh Mehta Chairman Managing Director Whole Time Director Whole Time Director Chief Financial Officer • In 1976, Mr. Katariya laid the • Mr. Parakh’s association • Mr. Londhe heads the • Mr. A
Slide 22: Experienced Board of Directors
Experienced Board of Directors Mr. Ashok Katariya Mr. Satish Parakh Mr. Sanjay Londhe Mr. Ashish Kataria Chairman Managing Director Whole Time Director Whole Time Director Mr. Mario Nazareth Mr. Nikhilesh Panchal Mr. Mahendra Mehta Ms. Shilpa Hiran Independent Director Independent Director Independe
Slide 23: Current Signature Project - Mopa Airport Link Road, Goa
Current Signature Project - Mopa Airport Link Road, Goa MOPA AIRPORT LINK ROAD – GOA Project Length : 6.58 km with elevated portion of 4.4 km This superstructure is one of the highest elevated corridors constructed in India, with several piers as high as 40 meters 22 Developing Infrastructure for Be
Slide 24: Road Project in Guyana (FY25-26)
Road Project in Guyana (FY25-26) Ashoka Buildcon successfully completed construction of a prestigious road project in Guyana (South America), one of the fastest growing economies of the world. The project has earned appreciation from Indian and Guyanese Governments 23 Developing Infrastructure for B
Slide 25: Signature Projects showcasing Project Execution Capabilities
Signature Projects showcasing Project Execution Capabilities India’s First 8 Lane Extra Dosed Cable Stayed Bridge Built in 33 Months • Despite flood situations in 2 consecutive years and the pandemic, team Ashoka completed this prestigious 8 lanes bridge across Narmada river in Gujarat in Record tim
Slide 26: Marquee Clients
Marquee Clients ….and many more 25 Developing Infrastructure for Better Tomorrow
Slide 27: Awards & Recognition
Awards & Recognition 26 Developing Infrastructure for Better Tomorrow
Slide 28: Awards & Recognition
Awards & Recognition 27 Developing Infrastructure for Better Tomorrow
Slide 29: Thank You
THANK YOU Company: Ashoka Buildcon Limited Investor Relations: Strategic Growth Advisors (SGA) CIN: L45200MH1993PLC071970 CIN: U74140MH2010PTC204285 Mr. Paresh Mehta (CFO) Mr. Deven Dhruva / Mr. Jigar Kavaiya paresh.mehta@ashokabuildcon.com deven.dhruva@sgapl.net / jigar.kavaiya@sgapl.net Tel: 0253