Ashoka Buildcon Share Price Target 2025, 2026, 2030, 2040, 2050
Ashoka Buildcon is a well-known company in India that builds and provides many types of services, including roads, buildings, and power lines. It works on different kinds of projects using methods like EPC, where they design, buy materials, and build, BOT, where they build, run, and then hand over the project, and HAM, a mix of government and private funding. The company mainly builds roads and highways and is one of the top road builders in the country. It also helps set up power lines, works on railway projects, builds different types of buildings, and helps with city gas supply. Besides this, it sells ready-mix concrete and is also involved in real estate.
- 1 What is Ashoka Buildcon Ltd NSE: ASHOKA?
- 2 Share Price Target Tomorrow
- 3 Ashoka Buildcon share price Target 2025
- 4 Ashoka Buildcon Share Price Target 2026
- 5 Share price Target 2027
- 6 Share price Target 2028
- 7 Share price Target 2029
- 8 Ashoka Buildcon share price Target 2030
- 9 Share price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy Ashoka Buildcon stock?
- 12 Ashoka Buildcon earnings results
- 13 Is Ashoka Buildcon stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Ashoka Buildcon Ltd NSE: ASHOKA?
Ashoka Buildcon was established in 1993 in Nashik, Maharashtra, and is owned by Mr. Arvind Bansal. It is a well-known company in India that builds roads, bridges, power lines, railways, gas networks, and buildings. The company works on many kinds of projects, including building and running highways. It has built over 20,000 kilometres of highways and laid more than 28,000 kilometres of fibre optic cables. It has worked in more than 22 states in India and countries like the Maldives, Guyana, and Bangladesh. One of its main projects is the Still Bridge near Navi Mumbai Airport. In 2024, the company earned about ₹10,005 crore and made a profit of ₹503 crore.
After the huge fall, the stock is recovering. It shows a good bullish move after much long time. The stock reached its all-time high price in the current year, but it could not sustain and fell. Well, in a daily time frame, it made a range, then spent some time, and now it is about to break out of the range. So if you want to buy this stock, wait for the breakout, then consider some additional confirmation before making any decision.
| Day | Minimum Price (Rs) | Maximum Price (Rs) |
| Tomorrow | -5 | +9 |
It is one of India’s top highway builders. It works on different types of projects like EPC, BOT, and HAM. The company has grown by focusing on good quality, safety, and caring for the environment. The company is known for doing more than what is expected in construction and has completed many big projects in India and other countries. It has a strong team and solid work experience to help the company handle projects. In 2025, its share price target would be ₹370, as per our analysis.
By our prediction, its share price would be between ₹141 to ₹370 in 2025.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 141 | 370 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 232 | 313 |
| February | 170 | 267 |
| March | 159 | 205 |
| April | 170 | 207 |
| May | 158 | 250 |
| June | 152 | 274 |
| July | 141 | 289 |
| August | 157 | 297 |
| September | 174 | 314 |
| October | 190 | 329 |
| November | 239 | 354 |
| December | 274 | 370 |
It builds highways and bridges, and it also works in the power sector. The company sets up systems to carry and supply electricity, and provides services for the full process. In India, it has completed major projects in more than 20 states. It has worked for both the Central Government and various State Governments. The company is also doing work outside India. It is known for its high standards. It was one of the first Indian companies in this field to get international certificates. These certificates show that the company focuses on good quality work, the safety and health of workers, and care for the environment. In 2026, its share price target would be ₹570, as per our prediction.
Its share price would be between ₹274 to ₹570 in 2026, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 274 | 570 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 274 | 387 |
| February | 290 | 400 |
| March | 311 | 419 |
| April | 314 | 438 |
| May | 327 | 451 |
| June | 335 | 468 |
| July | 348 | 487 |
| August | 367 | 498 |
| September | 390 | 500 |
| October | 411 | 524 |
| November | 428 | 545 |
| December | 468 | 570 |
It has three main types of work: construction projects, long-term projects under BOT, Build-Operate-Transfer and annuity models, and selling building materials and real estate. In construction, the company designs and builds houses, offices, roads, bridges, and other big projects. It also sets up systems to send electricity from one place to another. In the BOT and annuity section, the company builds projects, runs and maintains them, and then gives them to the government or client. In the sales part, the company sells building materials like ready-mix concrete. In 2027, its share price target would be ₹762, as per our analysis.
By our prediction, its share price would be between ₹490 to ₹762 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 468 | 762 |
The company also fix existing roads through its BOT, Build-Operate-Transfer division. It also builds and upgrades power systems for other companies. Besides this, the company also builds commercial, industrial, and institutional buildings for clients. To do all this work, the company owns many construction machines and vehicles. The RMC and Bitumen Division helps by providing important materials to the EPC Engineering, Procurement, and Construction division. RMC means Ready-Mix Concrete, which is concrete made in a plant and sent to construction sites ready to use. In 2028, its share price target would be ₹950, as per our prediction.
Its share price would be between ₹680 to ₹950 in 2028, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 680 | 950 |
This company started as a civil construction business by Ashok M Katariya and a group of people. Later, it became a private limited company and officially started working in the civil construction field. The company finished its first big industrial project for Nilkamal Plastics Ltd in Sinnar. Before this, it mainly worked on building houses, office buildings, factories, and public buildings. After some time, the company also started building toll roads and toll bridges using the BOT model. In 2029, its share price target would be ₹1150, as per our analysis.
By our prediction, its share price would be between ₹865 to ₹1150 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 865 | 1150 |
At the starting time, it made ready-mix concrete only for its projects, but later began selling it to other companies too. It got its first big project on the NH-4 highway and also built the East Coast Road between Chennai and Puducherry. The company won the ‘NIMA Excellence Award’ from the Nashik Industries and Manufacturers’ Association. Another big achievement was building the Indore-Edalabad road, which is one of the longest roads made through the Build-Operate-Transfer BOT method. This shows the company’s ability to manage large road projects. In 2030, its share price target would be ₹1353, as per our prediction.
Its share price would be between ₹1080 to ₹1353 in 2030, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 1080 | 1353 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1080 | 1177 |
| February | 1099 | 1186 |
| March | 1112 | 1200 |
| April | 1118 | 1221 |
| May | 1123 | 1234 |
| June | 1131 | 1247 |
| July | 1140 | 1268 |
| August | 1157 | 1287 |
| September | 1178 | 1300 |
| October | 1189 | 1311 |
| November | 1200 | 1334 |
| December | 1242 | 1353 |
The company has many new projects, which show it can earn good money in the future. Recently, it has been getting more projects in different areas. These include work from both state and central governments, as well as from government-owned companies. The company helps to grow India’s infrastructure sector projects wisely, and works on many of them. In 2040, its share price target would be ₹2581, as per our analysis.
By our prediction, its share price would be between ₹2370 to ₹2581 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 2370 | 2581 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2370 | 2457 |
| February | 2387 | 2478 |
| March | 2400 | 2490 |
| April | 2412 | 2514 |
| May | 2427 | 2529 |
| June | 2458 | 2550 |
| July | 2475 | 2578 |
| August | 2489 | 2590 |
| September | 2500 | 2611 |
| October | 2521 | 2629 |
| November | 2547 | 2645 |
| December | 2574 | 2678 |
It doesn’t take on too much debt, which keeps the company safe during ups and downs. Because of this smart planning, investors trust the company. To raise money for new projects, it has also sold some of its old projects. This helps the company get money back and use it for future work. Since it has a good record of finishing projects on time, working in many areas, and doing quality work, it is in a good position to grow more in future. In 2050, its share price target would be ₹4289, as per our prediction.
Its share price would be between ₹3955 to ₹4289 in 2050, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 3955 | 4289 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 3955 | 4087 |
| February | 3974 | 4099 |
| March | 3987 | 4124 |
| April | 3998 | 4154 |
| May | 4021 | 4168 |
| June | 4042 | 4188 |
| July | 4068 | 4200 |
| August | 4087 | 4211 |
| September | 4099 | 4228 |
| October | 4110 | 4241 |
| November | 4135 | 4274 |
| December | 4144 | 4289 |
Should I buy Ashoka Buildcon stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 141 | 370 |
| 2026 | 274 | 570 |
| 2027 | 468 | 762 |
| 2028 | 680 | 950 |
| 2029 | 865 | 1150 |
| 2030 | 1080 | 1353 |
| 2040 | 2370 | 2581 |
| 2050 | 3955 | 4289 |
It is a well-known company that builds roads, power lines, railways, and buildings. It has worked on many big projects in India and other countries. The company manages its money carefully, keeps its loans low, and sells old projects to get money for new ones. This helps it stay strong and grow. Since the Indian government is working on many new building projects, the company has a good chance to get more work.
Ashoka Buildcon earnings results
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
| Sales + | 5,070 | 4,992 | 5,999 | 8,100 | 9,798 | 10,037 |
| Expenses + | 3,495 | 3,455 | 4,210 | 6,132 | 7,564 | 7,117 |
| Operating Profit | 1,575 | 1,536 | 1,789 | 1,969 | 2,235 | 2,920 |
| OPM % | 31% | 31% | 30% | 24% | 23% | 29% |
| Other Income + | 93 | 147 | 485 | 64 | 312 | 170 |
| Interest | 1,043 | 970 | 1,004 | 1,104 | 1,310 | 1,245 |
| Depreciation | 300 | 276 | 338 | 341 | 367 | 290 |
| Profit before tax | 326 | 438 | 932 | 588 | 870 | 1,555 |
| Tax % | 51% | 38% | 17% | 50% | 40% | -12% |
| Net Profit + | 160 | 273 | 771 | 294 | 521 | 1,734 |
| EPS in Rs | 5.89 | 9.84 | 27.73 | 10.42 | 17.92 | 60.35 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 3.50 | 2.38 | 38.51 | 6.71 | 0.59% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| Ashoka Buildcon Ltd | 3.50 | 2.38 | — |
| Larsen and Toubro Ltd | 32.92 | 4.83 | 0.94% |
| GMR Airports Ltd | -233.46 | -107.74 | — |
| IRB Infrastructure Developers Ltd | 4.74 | 2.24 | 0.59% |
Is Ashoka Buildcon stock good to buy? (bull case & bear case)
Bull Case:
- The stock is cheap compared to others in the same industry.
- The company’s profit increased by 326%, and revenue went up by 9% recently.
- It is focusing more on high-profit projects, which could boost earnings.
- Profit margins are expected to improve in the next few years.
- Experts think the stock could rise over 45% from its current price.
- The company has lowered its debt, which is a good sign.
- It has shown strong profit growth of 61.4% per year over the last 5 years.
Bear Case:
- The company still has a lot of debt compared to its equity.
- It doesn’t earn much more than what it pays in interest, which is a sign of financial pressure.
- The company doesn’t pay any dividends to shareholders.
Conclusion
It builds roads, power lines, railways, and buildings. It has a good record of big projects. The company keeps its loans low and manages its financial condition smartly. The Indian government is focusing more on building roads and other infrastructure, and this company is capable of fulfilling those needs. It has a strong team and a smart plan to execute the large projects. It has great features and could be a good option to invest in its stock for the long term, but always be aware of the stock market risk and invest at your own risk.
