Ashoka Buildcon Share Price Target 2025, 2026, 2028, 2030, 2035

Ashoka Buildcon Share is in a bullish trend in the share market. During the ups and downs, you should know all about the share details before investing. In this blog, we will discuss the Ashoka Buildcon Share Price Targets for 2025, 2026, 2028, 2030, and 2035. We will try to analyze the share base in the company’s overall performance.

We also examine the company’s profit growth over the last 5 years, its sales growth over the same period, and its return on equity (ROE) percentage over the same period. Similarly, we also compare the share growth, the share price return, and whether the share has increased or decreased over the last 5 years. We also take advice from experts about when we should invest in the share, which may be helpful for you. Let’s have a look at the Ashoka Buildcon Share Price Target from 2025 to 2035.

Overview Of Ashoka Buildcon Limited

Ashoka Buildcon Limited is a Fortune India 500 company and one of the leading highway developers in India. The company is an integrated EPC, BOT, and HAM player. The company continues to maintain its stature as one of the top infrastructure developers in the country. The company is committed to pursuing excellence in Quality, Speed, Safertyband Environmental consciousness.

Fundamental Analysis Of Ashoka Buildcon Limited

Company Name	AShoka Buildcon Limited
Market Cap	₹6,121.36 Crore
Book Value	₹143.26
Face Value	₹5
P/B	1.56
P/E	31.69
52 Week High	₹319
52 Week Low	₹159.34
DIV. YIELD	0%
ROE	12.38%
ROA	5.68%
Current Ratio	1.33

Last Few Years’ Performance Of Ashoka Buildcon Limited

Profit Growth

• In the last 5 years, 9.38%
• In the last 3 years, 2.59%
• In the last 1 year, -34.26%

The company’s Net Profit was ₹672.29 Crore in March 2023, which decreased to ₹442.38 Crore in March 2024. The company’s Operating Profit was ₹534.29 Crore in March 2023, which increased to ₹578.01 Crore in March 2024.

Sales Growth

The company’s sales growth percentage over the last 5 years is described below.

• In the last 5 years, 16.01%
• In the last 3 years, 26.95%
• In the last 1 year, 21.87%

The Net Sales amount of the company was ₹1,795.68 Crore in December 2024, which increased to ₹1,968.26 Crore in March 2025.

ROE Percentage

The ROE percentage growth of the company in the last 5 years is described below.

• In the last 5 years, 11.05%
• In the last 3 years, 8.59%
• In the last 1 year, 13.25%

ROCE Percentage

The ROCE percentage growth of the company in the last 5 years is described below.

• In the last 5 years, 16.28%
• In the last 3 years, 13.34%
• In the last 1 year, 17.92%

Total Expenditure Amount

The company’s Total Expenditure was ₹1,659.54 Crore in December 2024 and increased to ₹1,924.31 Crore in March 2025.

The Net Cash Flow Amount

The Net Cash Flow amount of the company was ₹17.95 Crore in March 2023, which increased to ₹302.38 Crore in March 2024.

Ashoka Buildcon Share Price Target 2025

Ashoka Buildcon Share Price Target 2025 forecast may vary from ₹212.36 to ₹244.64.

Influencing Key Factors Of Ashoka Buildcon Share Price Target For 2025

• MOPA Airport Link Road
• A new airport for Goa has been built near the village of Mopa. At present, the connectivity to the Airport is through the existing village road. Ashoka Buildcon has been entrusted with the responsibility to construct this corridor by the PWD, Government of Goa. On behalf Ministry of Road Transport and Highways, Government of India.
• India’s First 8-Lane Extra Dosed Cable-Stayed Bridge
• This 2.2 km long cable-stayed bridge has been built by Team Ashoka Buildcon across the river Narmada in Gujarat. Despite the pandemic and heavy floods for two consecutive years, the bridge has been completed in a record time of 33 months.
• The company’s Geographical Footprint
• As India continues to prove its mettle to the world, its engineering services are being sought after by several Nations. The company is contributing to this phenomenon by expanding its geographical footprint overseas. The team is striving to make the Nation proud by continuing its tradition of setting new benchmarks in the construction industry. The company’s footprint has expanded in the Maldives, Guyana, Benin, Bangladesh, and many other countries.

Month	Ashoka Buildcon Share Price Target 2025 (1st Price Target)	Ashoka Buildcon Share Price Target 2025 (2nd Price Target)
June	₹212.36	₹219.44
July	₹217.68	₹225.03
August	₹221.57	₹228.41
September	₹225.91	₹233.29
October	₹230.17	₹237.60
November	₹234.44	₹239.18
December	₹238.60	₹244.64

Also Read – Patel Engineering Share Price Target

Ashoka Buildcon Share Price Target 2026

Ashoka Buildcon Share Price Target 2026 forecast may vary from ₹243.92 to ₹281.34.

Influencing Key Factors Of Ashoka Buildcon Share Price Target For 2026

• Increasing Order Book Amount
• The company’s order book amount was ₹13,795 Crore in the year 2022, which increased to ₹15,810 Crore in the year 2023.
• Performance Overview
• The company set an aim to complete more than 14,000 km of highway lanes of highways, more than 300 km of gas pipeline laid. The company also set up more than 50,000 km of power lines network, 300 nos of substations installed by the year 2023. In the same year, the company also laid 28,000 km of optical fibers, 225 km of overhead electrification, and lastly more than 66 km of railway tracks linked.
• One Of The Longest Flyover In Kerala
• The company also elevated the flyover being constructed by Ashoka runs between Aroor and Thuravoor. It is positioned above the existing NH 66. The company also built twin bridges across the river Rupnarayan; these bridges were one of the most challenging ones to be completed in the history of Indian Bridges. Team Ashoka was built in 12 months (18 months ahead of schedule) using methodologies such as launching a 323 mts steel girder assembly.

Month	Ashoka Buildcon Share Price Target 2026 (1st Price Target)	Ashoka Buildcon Share Price Target 2026 (2nd Price Target)
January	₹243.92	₹249.16
February	₹247.03	₹253.66
March	₹231.35	₹239.50
April	₹237.87	₹243.91
May	₹241.50	₹250.60
June	₹249.29	₹252.19
July	₹250.73	₹257.44
August	₹254.46	₹262.27
September	₹258.92	₹265.62
October	₹262.97	₹271.09
November	₹268.50	₹276.38
December	₹274.19	₹281.34

Ashoka Buildcon Share Price Target 2028

Ashoka Buildcon Share Price Target 2028 forecast may vary from ₹338.22 to ₹394.46.

Influencing Key Factors Of Ashoka Buildcon Share Price Target For 2028

• Bundelkhand Expressway Construction
• This prestigious project by UPEIDA was completed ahead of schedule by the team Ashoka, and three records were set during the construction. These included non-stop laying of 12,766 tonnes of DBMin 64 hours, non-stop laying of 19,756 tonnes of Bituminous Concrete in 96 hours, and completion of 13 Concrete Deck Slabs in 46 days.
• Established Track Record Of Operations
• Ashoka Buildcon Limited has a track record of four decades in the construction industry and demonstrated execution capabilities with presence across T&D projects, railways, sewage, buildings, and smart infrastructure segments, apart from its focus on the road sector. The company works across 20 states in India. The company’s operations are managed under the leadership of Ashok Kataria, chairman of the company and MD, who has vast experience in the construction sector.
• Announced Stake Sale Plans for Its BOT Toll and BOT HAM projects
• Currently, Ashoka Buildcon and its subsidiary are Ashoka Concessions Limited (ACL), have a portfolio of 21 BOT projects (Toll, Annuity, and HAM) of which 20 projects are operational and one is under construction HAM project. Of the 21 road assets, 13 are held under ACL, while the remaining 8 assets are held directly under ABL, and 1 state BOT. All operational projects are self-sufficient and don’t require support from ABL in the next 2-3 years. The investment stood at ₹3,275 Crore as on March 2024, which is 86% of the company’s net worth.

Month	Ashoka Buildcon Share Price Target 2028 (1st Price Target)	Ashoka Buildcon Share Price Target 2028 (2nd Price Target)
January	₹338.22	₹345.62
February	₹343.18	₹352.80
March	₹329.72	₹339.06
April	₹337.50	₹344.82
May	₹342.02	₹351.90
June	₹349.65	₹356.27
July	₹354.82	₹362.90
August	₹359.16	₹368.20
September	₹365.76	₹375.14
October	₹373.90	₹383.62
November	₹382.56	₹389.03
December	₹387.61	₹394.46

Ashoka Buildcon Share Price Target 2030

Ashoka Buildcon Share Price Target 2030 forecast may vary from ₹442.90 to ₹493.85.

Influencing Key Factors Of Ashoka Buildcon Share Price Target For 2030

• Government Thrust On Infrastructure Development
• Continued Government thrust on the road construction sector augurs well for Ashoka Buildcon’s growth prospects in the medium term. Under the Government’s National Infrastructure pipeline, a substantial outlay on road construction, 18% of the overall ₹112 trillion plan, is expected to provide necessary impetus to companies operating in this segment. A proposed Urban Infrastructure Development Fund in the 2023-24 budget aims to bolster urban infrastructure in tier-2 and tier-3 cities.
• Healthy growth in the scale of operations, albeit with moderate profitability
• The company’s total operating income registered a healthy compound annual growth rate (CAGR) of 26% in the last four years ended March 2024, to ₹7,727 Crore, owing to the healthy execution of its outstanding order book. TOI registered a growth of 21% in the year 2024 over the year 2023, owing to healthy execution from the owner T&D segment. PBILDT margins moderated over the years 2023-24, with margins at 7.46% in the year 2024 due to the execution of low-margin orders, provisioning related to solar projects, and the impact of higher input prices.
• Consolidated Debt Amount
• Ashoka Buildcon Limited decreased its total debt amount. In the year 2023, the company’s debt amount was ₹6,930.58 Crore in December 2023, which increased to ₹7,145.23 Crore in March 2024.

Year	Ashoka Buildcon Share Price Target 2030
1st Price Target	₹442.90
2nd Price Target	₹493.85

Ashoka Buildcon Share Price Target 2035

Ashoka Buildcon Share Price Target 2035 forecast may vary from ₹759.60 to ₹796.11.

Influencing Key Factors Of Ashoka Buildcon Share Price Target For 2035

• Increased Revenue
• The company’s revenue amount was ₹3,147.29 Crore in the year 2024, which increased to ₹3,375.94 Crore in the year 2025.
• Rationale and Key Rating Drivers
• CARE Rating Limited (CARE Ratings) has placed the long-term rating assigned to the bank facilities and instruments of Ashoka Buildcon Limited (ABL) on Rating watch with positive implications following the announcement of the stake sale of the 11 hybrid annuity model (HAM) projects held by the company along with its subsidiary Ashoka Concession Limited to Epic Concesions 2 private Limited, Infrastructure Yield Plus 2 and Infrastructure Yield Plus 2A for aggregate consideration of ₹2,350 Crore.
• Received Letter Of Award For The National Highways Authority Of India
• The company has received of Letter of Award for the project Six-laning of Aurangabad to Bihar-Jharkhand Border (Choradaha), Section of NH-2, in the state of Bihar under Bharatmala on EPC mode for a total consideration of ₹520 Crore.

Year	Ashoka Buildcon Share Price Target 2035
1st Price Target	₹759.60
2nd Price Target	₹796.11

Discussion About Shareholding Pattern Of Ashoka Buildcon Limited

Ashoka Buildcon Limited mainly has four types of shareholding patterns, such as promoter holding, public holding, DII, and FII. Depending on the shareholding pattern, we can majorly influence the company’s growth.

Investor Type	Percentage
Promoter Holding (Owned by the company’s promoter)	54.60%
Public Holding (Held by the public)	23.10%
FII (Invest by Foreign Institutional Investor)	7.20%
DII (Invest money by Domestic Institutional Investor)	15.10%

Peer’s Company Of Ashoka Buildcon Limited

Company Name	Market Cap (Crore)
Advait Energy	₹2,034.56
Ceigall India	₹4,448.96
G R Infra	₹13,215.70
ITD Cementation	₹13,358.52
Man Industries	₹2,580.37

What Is The Expert Advice About The Investment In Ashoka Buildcon Share

Positive Sides

• In the last 3 years, the company had a good revenue growth which was 27.86%.
• The company has an efficient cash conversion cycle of -59.62 days.
• The company has a good promoter holding capacity of 54.60%.
• The company has a strong degree of operating leverage; average operating leverage stands at 4.76.
• In the last 3 years, the company had a good sales growth which was 26.95%.

Negative Sides

• In the last 3 years, the company’s profit growth was poor, which was 2.59%.
• In the last 3 years, the company’s ROE ratio was very poor, which was 8.59%.

Also Read – RVNL Share Price Target

The Last Few Years’ Share Price Updation Of Ashoka Buildcon Share

Ashoka Buildcon Share always gives good returns to investors, which is described in the portion below.

• The last 1 month’s share growth was +18.30 (9.56%).
• The last 6 months’ share growth was -80.37 (-27.87%).
• The last 1 year’s share growth was -13.23 (-5.66%).
• The last 5 years’ share growth was +156.70 (300.06%).
• The maximum share growth was +139.13 (198.62%).

• Ashoka Bhildcon share price return percentage was 10.15% in the last 1 month.
• The last 3 months’ share price return percentage was 18.35%.
• The last 1 year’s share price return percentage was -5.49%.
• The last 3 years’ share price return percentage was 156.32%.
• The last 5 years’ share price return percentage was 300.5%.

FAQ

Conclusion

This website is written to help the investor gain some basic knowledge about the market strategy of Asoka Buildcon Share. For making this blog, we take consultation from experts and research the company. It is expected that the Asoka Buildcon Share Price Target will be a good choice to invest in on a long-term basis. The demand for the construction development sector in India and outside of the country always increases, as a result of which the company and its share may increase rapidly.

We try to give an in-depth idea about the share. If you think it is helpful to you, you can share it. If you have any questions, please let us know through the comment box. We will try to reply to your questions and solve your problem. Thanks for visiting this website and thanks for being with us.

Disclaimer – We are not SEBI-registered advisors. A financial market is always risky to anyone. This website is only for training and educational purposes. So, before investing, we are requested to discuss certified expertise. We will not be responsible for anyone’s profit or loss.