Ashoka Buildcon Financial Statements

Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2020 Mar-2018 Mar-2017 Mar-2016
Growth matrix (%)        
Revenue growth 40.80 21.10 5.24 21.80
Op profit growth 38.20 19.90 3.52 94.10
EBIT growth 41.50 27.30 3.10 108
Net profit growth (249) (46) 141 (205)
Profitability ratios (%)        
OPM 31.10 31.60 32 32.50
EBIT margin 26.80 26.60 25.30 25.90
Net profit margin 3.26 (3.10) (6.90) (3)
RoCE 22 17.70 12.20 11.50
RoNW 11.30 (7.10) (4.70) (1.40)
RoA 0.67 (0.50) (0.80) (0.30)
Per share ratios ()        
EPS 5.71 -- -- --
Dividend per share -- 0.80 1.60 1.50
Cash EPS (4.80) (22) (25) (19)
Book value per share 14.80 16.90 25.10 91.60
Valuation ratios        
P/E 7.23 -- -- --
P/CEPS (8.60) (7.60) (5.20) (6)
P/B 2.80 9.73 5.15 1.24
EV/EBIDTA 4.02 7.56 8.14 7.71
Payout (%)        
Dividend payout -- (13) (7.30) (33)
Tax payout (53) 240 45.10 141
Liquidity ratios        
Debtor days 57.50 53.20 53.80 56.90
Inventory days 30.70 39.50 88 116
Creditor days (72) (87) (94) (98)
Leverage ratios        
Interest coverage (1.30) (1) (0.80) (0.90)
Net debt / equity 13.30 15.30 9.91 2.64
Net debt / op. profit 3.50 4.25 4.89 4.92
Cost breakup ()        
Material costs (23) (23) (20) (31)
Employee costs (5.80) (3.90) (4) (3.40)
Other costs (40) (41) (44) (33)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2020 Mar-2018 Mar-2017 Mar-2016
Revenue 5,070 3,601 2,973 2,825
yoy growth (%) 40.80 21.10 5.24 21.80
Raw materials (1,159) (832) (597) (884)
As % of sales 22.90 23.10 20.10 31.30
Employee costs (293) (141) (118) (96)
As % of sales 5.78 3.92 3.98 3.39
Other costs (2,043) (1,488) (1,307) (926)
As % of sales 40.30 41.30 44 32.80
Operating profit 1,575 1,140 951 918
OPM 31.10 31.60 32 32.50
Depreciation (300) (291) (264) (269)
Interest expense (1,043) (994) (908) (800)
Other income 81.70 111 66.40 81.10
Profit before tax 315 (35) (155) (69)
Taxes (166) (84) (70) (97)
Tax rate (53) 240 45.10 141
Minorities and other 4.96 7.51 19.40 138
Adj. profit 154 (111) (205) (28)
Exceptional items -- -- -- (57)
Net profit 165 (111) (205) (85)
yoy growth (%) (249) (46) 141 (205)
NPM 3.26 (3.10) (6.90) (3)
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2020 Mar-2018 Mar-2017 Mar-2016
Profit before tax 315 (35) (155) (69)
Depreciation (300) (291) (264) (269)
Tax paid (166) (84) (70) (97)
Working capital (714) (883) (653) 377
Other operating items -- -- -- --
Operating cashflow (865) (1,293) (1,142) (59)
Capital expenditure 8,302 7,274 7,233 4,464
Free cash flow 7,436 5,980 6,090 4,405
Equity raised 1,016 1,366 1,635 2,933
Investments 47 42 (96) (57)
Debt financing/disposal 5,892 3,785 2,792 1,982
Dividends paid -- 15 15 28.10
Other items -- -- -- --
Net in cash 14,391 11,188 10,437 9,290
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2020 Mar-2019 Mar-2018 Mar-2017
Equity capital 140 140 93.60 93.60
Preference capital -- -- 0.48 --
Reserves 274 147 222 376
Net worth 414 287 316 469
Minority interest
Debt 6,262 6,044 5,101 4,754
Deferred tax liabilities (net) -- 0.69 0.97 1.82
Total liabilities 6,804 6,451 5,512 5,343
Fixed assets 7,770 7,932 7,921 8,053
Intangible assets
Investments 186 284 247 186
Deferred tax asset (net) 82.80 56.20 40.40 34.50
Net working capital (1,989) (2,055) (2,950) (3,033)
Inventories 435 426 419 360
Inventory Days 31.30 -- 42.50 44.10
Sundry debtors 909 1,048 689 361
Debtor days 65.40 -- 69.80 44.30
Other current assets 3,497 3,121 1,980 1,709
Sundry creditors (740) (916) (645) (533)
Creditor days 53.30 -- 65.40 65.50
Other current liabilities (6,090) (5,734) (5,393) (4,930)
Cash 754 234 253 102
Total assets 6,804 6,451 5,512 5,343
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2020 Mar-2019 Mar-2018 Mar-2017 Mar-2016
Gross Sales 5,070 4,930 3,603 2,980 2,831
Excise Duty -- -- 1.98 6.83 5.65
Net Sales 5,070 4,930 3,601 2,973 2,825
Other Operating Income -- -- -- -- --
Other Income 93.40 77.10 111 81.50 81.10
Total Income 5,164 5,007 3,712 3,054 2,906
Total Expenditure ** 3,495 3,597 2,462 2,037 1,964
PBIDT 1,669 1,410 1,250 1,017 942
Interest 1,043 1,021 994 908 800
PBDT 626 389 256 109 143
Depreciation 300 258 291 264 269
Minority Interest Before NP -- -- -- -- --
Tax 193 187 90.40 74.50 110
Deferred Tax (27) (16) (6.70) (4.60) (12)
Reported Profit After Tax 160 (40) (119) (225) (224)
Minority Interest After NP (5) (6.80) -- -- (138)
Net Profit after Minority Interest 165 (33) (119) (225) (85)
Extra-ordinary Items -- 25.90 -- -- (7.60)
Adjusted Profit After Extra-ordinary item 165 (59) (119) (225) (78)
EPS (Unit Curr.) 5.89 (1.20) (4) (11) (3.90)
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- 16 16 30
Equity 140 140 93.60 93.60 93.60
Public Shareholding (Number) -- -- -- -- --
Public Shareholding (%) -- -- -- -- --
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- -- -- --
Non Encumbered - % in Total Promoters Holding -- -- -- -- --
Non Encumbered - % in Total Equity -- -- -- -- --
PBIDTM(%) 32.90 28.60 34.70 34.20 33.40
PBDTM(%) 12.30 7.89 7.12 3.67 5.05
PATM(%) 3.16 (0.80) (3.30) (7.60) (7.90)