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ASHOKA BUILDCON LTD. - 533271 - Received Work Order For The Execution Of The Work Of Construction Of Rock Fill Embankment And Subgrade Work For Navi Mumbai International Airport Project

 Ashoka Buildcon Limited ('the Company') had submitted offer to Howe Engineering Projects (India) Private Limited in respect of the Project viz. 'work of construction of Rock fill embankment and subgrade work for Navi Mumbai International Airport'. (Project) The Company has been awarded the Project with the cost of Rs.262.17 Crore excluding GST. This announcement is made pursuant to the Regulation 30 of SEBI (LODR) 2015. This is for your kind information.
16-12-2021
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ASHOKA BUILDCON LTD. - 533271 - Receipt Of LOA For The Ministry Of Road Transport & Highways Project

 In continuation to the announcement made on December 03, 2021, Ashoka Buildcon Limited ('the Company') updates that the Company has received Letter of Award from the Ministry of Road Transport & Highways ('MoRTH') in respect of the Project viz. 'Request for Proposal for Construction of six lane link road (NH-166S) with paved shoulder configuration to Mopa Airport in the State of Goa on EPC mode'. (Project) The accepted quoted offer of the Project is Rs.769.41 Crore inclusive of GST. This announcement is made pursuant to the Regulation 30 of SEBI (LODR) 2015. This is for your kind information.
15-12-2021
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Ashoka Buildcon Ltd - 533271 - Lowest Bidder (L-1) For T Ministry Of Road Transport & Highways Project

 Ashoka Buildcon Limited ('the Company') had submitted Bid to the Ministry of Road Transport & Highways ('MoRTH') in respect of the Project viz. 'Request for Proposal for Construction of Six lane link road (NH-166S) with paved shoulder configuration to Mopa Airport in the State of Goa on EPC mode'. (Project) The Company has emerged as the Lowest Bidder (L-1) and the quoted Bid Price of the Project is Rs.769.41 Crore. This announcement is made pursuant to the Regulation 30 of SEBI (LODR) 2015. This is for your kind information.
03-12-2021
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Ashoka Buildcon Ltd - 533271 - Lowest Bidder (L-1) For T Ministry Of Road Transport & Highways Project

 Ashoka Buildcon Limited ('the Company') had submitted Bid to the Ministry of Road Transport & Highways ('MoRTH') in respect of the Project viz. 'Request for Proposal for Construction of Six lane link road (NH-166S) with paved shoulder configuration to Mopa Airport in the State of Goa on EPC mode'. (Project) The Company has emerged as the Lowest Bidder (L-1) and the quoted Bid Price of the Project is Rs.769.41 Crore. This announcement is made pursuant to the Regulation 30 of SEBI (LODR) 2015. This is for your kind information.
03-12-2021
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Ashoka Buildcon Ltd - 533271 - Announcement under Regulation 30 (LODR)-Updates on Acquisition

 In continuation to the announcement / letter dated September 22, 2021, Ashoka Buildcon Limited ('the Company') is pleased to inform that the Company's Subsidiary i.e. Ashoka Concessions Limited ('ACL') has acquired 49% stake (1,45,60,442 equity shares of Rs.10/- each fully paid) pursuant to share purchase agreement with Highway Concessions One Private Limited ('HC1') held by HC1 in Ashoka Highways (Durg) Limited ('AHDL / SPV'). Post-acquisition of 49% stake, Ashoka Concessions Limited, a subsidiary of the Company along with the Company holds 29715183 (99.999%) shares in AHDL except 1 share held by IDFC Limited w.e.f November 30, 2021. Please note that AHDL executes the Project awarded by NHAI viz. 'To carry on the business of Construction, Operation and Maintenance End of Durg Bypass - Chattisgarh / Maharashtra Border Section from Km. 322.400 to Km. 405.000 of NH-6 in the state of Chattisgarh under NHDP phase IIIA on BOT basis'.
01-12-2021
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ASHOKA BUILDCON LTD. - 533271 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

 Please find enclosed herewith the copy of transcript of the Earnings Call held on November 15, 2021 in respect of Unaudited Standalone and Consolidated financial results for the quarter ended September 30, 2021. Kindly take the matter on your record.
24-11-2021

Buy Ashoka Buildcon; target of Rs 147: Anand Rathi

 Anand Rathi is bullish on Ashoka Buildcon has recommended buy rating on the stock with a target price of Rs 147 in its research report dated November 23, 2021.
24-11-2021

Ashoka Buildcon's strong order book boosts prospects despite modest Q2

 While the quarter saw soft performance due to delays in commencing various projects, the management has revised the revenue growth guidance for FY22 to 20% from 25% provided earlier
17-11-2021
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Q2FY22 Quarterly Result Announced for Ashoka Buildcon Ltd.

 Highlights: H1 FY22: Income of Rs.2,035 Crores in H1 FY22, compared to Rs.1,548 Crores in H1 FY21 EBITDA of Rs.332 Crores with an EBITDA margin of 16.3% in H1FY22 PAT is at Rs.197 Crores with a PAT Margin of 9.7% in H1 FY22 Q2 FY22: Total Income of Rs.976 Crores in Q2 FY22 against Rs.927 Crores in Q2 FY21 EBITDA of Rs.165 Crores with an EBITDA margin of 16.9% in Q2 FY22 PAT is at Rs.96 Crores with a PAT Margin of 9.8% in Q2 FY22 Consolidated Debt is Rs.6,466 Crores. The Debt on Standalone basis is Rs.383 Crores which comprises of Rs.160 Crores of Equipment Loans & Rs.223 Crores of Working Capital Loan. BOT division recorded a Toll Collection of Rs.243 crores in Q2 FY22, a growth of 8.5% YoY. Result PDF
15-11-2021
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Ashoka Buildcon Ltd - 533271 - Announcement under Regulation 30 (LODR)-Investor Presentation

 Please find enclosed herewith the copy of Result Update Presentation in respect of unaudited Standalone and Consolidated Financial Results (Limited Review) for the quarter ended September 30, 2021. Kindly take the matter on your record.
14-11-2021
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