Ashoka Buildcon: 62.74 EPS, P/E of 2.93 – Infrastructure’s Discount Sale


1. At a Glance

Ashoka Buildcon is trading at a P/E so low (2.93) it makes thrift store pricing look like Gucci. This Fortune India 500 infrastructure player just posted a TTM EPS of ₹62.74, runs an order book of ₹15,886 Cr, and still gets ignored like a “forwarded as received” WhatsApp message. ROE? 55%. ROCE? 39.9%. Dividend? Zero — because apparently, they believe in reinvestment over retail investor happiness.


2. Introduction

If the infrastructure sector were a Bollywood movie, Ashoka Buildcon would be that character who quietly delivers the most hits but never makes it to the poster.
Founded with a tarmac and concrete fetish, the company has built over 14,000+ lane km of highways, electrified 30,000+ villages, and laid enough optical fiber (32,000 km) to make Jio blush.

Yet, the stock price has been like an Indian road project — sometimes racing ahead, sometimes stuck in a pothole. FY25-26 Q1 saw a 30% income drop, but they still bagged juicy contracts — ₹569 Cr in railways, ₹1,387 Cr in ITMS, and a USD 67.25M deal in Guyana. Because why just fix India when you can fix Guyana too?


3. Business Model (WTF Do They Even Do?)

Ashoka Buildcon is an EPC + BOT hybrid beast:

  • EPC (Engineering, Procurement, Construction) – Roads, railways, power T&D, buildings.
  • BOT/HAM/PPP – Toll collection, annuity-based projects.
  • Ready-Mix Concrete (RMC) – Cement + water + big drums.
  • Overseas Ventures – Currently building in Guyana.

They work on both government and private contracts, meaning they deal with payment delays and unrealistic deadlines — the true Indian infrastructure experience.


4. Financials Overview

  • TTM Revenue: ₹9,458 Cr (down 8% YoY)
  • TTM PAT: ₹1,803 Cr (up 223% YoY)
  • EPS: ₹62.74
  • P/E: 2.93 (Recalculated using latest EPS × 4 for quarterly)
  • OPM: 31% TTM (up from 23% in FY24)
  • ROE: 55.2%
  • ROCE: 39.9%

Commentary: At this P/E, the market either thinks this company is a ticking time bomb or hasn’t read the balance sheet since demonetization.


5. Valuation (Fair Value RANGE only)

MethodBasisFV Range (₹)
P/E MultipleSector avg 20× on ₹62.74 EPS1,000 – 1,300
EV/EBITDAEBITDA ₹2,920 Cr, sector avg 10–12×950 – 1,140
DCF (10% WACC)8% growth, 15-year projection850

Leave a Reply

FII & DII Data | Institutional Money Tracker

FII & DII Data

Institutional Money Flow Tracker | by Mr. Chartist
LOCAL ARCHIVE (Mar 13)
Latest Trading Session
Friday, 13 March 2026
Aggressive Selling
FII / FPI NET
-₹10,724 Cr
DII NET
+₹9,977 Cr
FII Aggression: 52% DII Support: 48%
Combined Liquidity -₹747 Cr
Current FII Streak
Streak Volume
5-Day FII Net Velocity
Computing…
FII 5-Yr Cumulative
-₹11.01L Cr
Historical allocation extraction
DII 5-Yr Cumulative
+₹20.45L Cr
The domestic fortress
SIP Monthly Run-Rate
₹26,500 Cr
Retail structural backbone
FII NSE500 Ownership
16.1%
Down from 28% peak

Derivatives Positioning (F&O)

Participant-wise Open Interest Analysis
FOREIGN INSTITUTIONAL INVESTORS (FII)
Index Futures
Long: Short:
Stock Futures
Long: Short:
Index Calls
Long: Short:
Index Puts
Long: Short:
DOMESTIC INSTITUTIONAL INVESTORS (DII)
Index Futures
Long: Short:
Stock Futures
Long: Short:
Note: DIIs primarily use Index Futures for hedging; options writing is limited compared to FIIs.
Data Matrices
Flow Heatmaps
Historical Charts
Documentation
FII 45-Day Flow Matrix
Visualizing sell-off density
Extreme Sell
Heavy Buy
DII 45-Day Flow Matrix
Domestic absorption pattern
Light Activity
Heavy Accumulation
Daily (Last 15)
Weekly (12W)
Monthly (24M)
Annual Tracker
Trading Date FII Gross Buy FII Gross Sell FII Net DII Gross Buy DII Gross Sell DII Net Total Liquidity
Week Ending FII Net DII Net Combined Liquidity Weekly Signal
Month & Year FII Net DII Net Net Money Flow Nifty Change
Calendar Year FII Equities Net DII Equities Net Total Flow DII Multiplier
Monthly Net Flows (Last 12m)
₹ Crore flows visualization
Multi-Year Cumulative Divergence
FII Extraction vs DII Injection
📊
FII & DII Data — User Manual
A fully open-source, institutional-grade terminal to track FII & DII flows in Indian equity markets.
Built by @Mr_Chartist — free for everyone to use, fork, and share.
✓ LIVE NSE SYNC ✓ 14-YEAR ARCHIVE ✓ MOBILE RESPONSIVE ✓ OPEN SOURCE
1
Live Sync Engine & Status

The terminal automatically fetches latest FII & DII data from NSE India on page load via CORS proxy integration, ensuring you always have access to the most current institutional flow data.

LIVE SYNC — Today's session data fetched successfully
LOCAL ARCHIVE — Using embedded historical data
🌐 Open Source — Use It, Fork It, Share It

This tool is completely free and open. No backend, no login, no subscription. Just open the HTML file and you have institutional-grade FII & DII analytics in your browser.

Follow @Mr_Chartist 📊 Version 6.0 — March 2026
error: Content is protected !!