Ashoka Buildcon (BOM:533271) Debt-to-Equity: 0.24 (As of Mar. 2026) — 96% Below Median

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BOM:533271 Ashoka Buildcon Ltd BOM:533271
83 GF Score
Price ₹126.85
GF Value ₹150.54
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Ashoka Buildcon Debt-to-Equity?

Ashoka Buildcon BOM:533271 -0.98% 83 Debt-to-Equity is 0.24 as of Mar. 2026, which is 96% below its 10-year median of 6.71. GuruFocus rates BOM:533271 with a GF Score™ of 83/100 and a GF Value™ of ₹150.54 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,611 Construction companies, Ashoka Buildcon ranks better than 64.31% on this metric.

Ashoka Buildcon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹10,719 Mil. Ashoka Buildcon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹5,365 Mil. Ashoka Buildcon's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹65,793 Mil. Ashoka Buildcon's debt to equity for the quarter that ended in Mar. 2026 was 0.24.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ashoka Buildcon's Debt-to-Equity or its related term are showing as below:

BOM:533271' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 6.71   Max: 21.07
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Ashoka Buildcon was 21.07. The lowest was 0.24. And the median was 6.71.

BOM:533271's Debt-to-Equity is ranked better than
64.31% of 1611 companies
in the Construction industry
Industry Median: 0.41 vs BOM:533271: 0.24

Ashoka Buildcon  (BOM:533271) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Ashoka Buildcon Debt-to-Equity Related Terms


Ashoka Buildcon Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ashoka Buildcon's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ashoka Buildcon Debt-to-Equity Chart

Ashoka Buildcon Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.63 3.29 2.55 0.57 0.24

Ashoka Buildcon Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 N/A 0.47 N/A 0.24

BOM:533271 vs PWR, FIX, EME: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, Ashoka Buildcon's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ashoka Buildcon Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Ashoka Buildcon's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ashoka Buildcon's Debt-to-Equity falls into.


BOM:533271
83GF Score
Ashoka Buildcon Ltd BOM:533271
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ashoka Buildcon Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ashoka Buildcon's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Ashoka Buildcon's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.24 mean?
Ashoka Buildcon (BOM:533271) has a Debt-to-Equity of 0.24 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ashoka Buildcon and its competitors. This is 96% below median its historical median of 6.71. Over the past decade, Ashoka Buildcon's Debt-to-Equity has ranged from 0.24 to 21.07. According to the industry distribution chart, Ashoka Buildcon ranks #575 out of 1611 companies in the Construction industry, placing it in the top 35.7%.
Is Ashoka Buildcon's Debt-to-Equity too high?
Ashoka Buildcon's current Debt-to-Equity of 0.24 is 96% below median its 10-year median of 6.71. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 21.07. The Construction industry median Debt-to-Equity is 0.41. Ashoka Buildcon's value of 0.24 is 41.5% below this industry median. Based on the distribution chart, Ashoka Buildcon ranks #575 out of 1611 companies in the Construction industry, which is above the industry midpoint. Overall, Ashoka Buildcon has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashoka Buildcon's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Ashoka Buildcon ranks #575 out of 1611 companies for Debt-to-Equity. This puts Ashoka Buildcon in the upper half of its industry. The industry median Debt-to-Equity is 0.41. Ashoka Buildcon's value of 0.24 is 41.5% below this benchmark. Historically, Ashoka Buildcon's own Debt-to-Equity has ranged from 0.24 to 21.07 over the past decade. While the company's 10-year median is 6.71 vs. the industry median of 0.41, Ashoka Buildcon has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,611 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashoka Buildcon's current Debt-to-Equity of 0.24 is 41.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ashoka Buildcon and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashoka Buildcon's current Debt-to-Equity is 0.24, which is 96% below median its own 10-year median of 6.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka Buildcon stock overvalued right now?
Based on GuruFocus' analysis, Ashoka Buildcon (BOM:533271) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹150.54, compared to a current price of ₹126.85 — trading 15.7% below its estimated fair value. The current Debt-to-Equity is 0.24, which is 96% below median its 10-year median of 6.71 and 41.5% below the Construction industry median of 0.41. Ashoka Buildcon's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Ashoka Buildcon (BOM:533271), the current Debt-to-Equity is 0.24 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ashoka Buildcon (BOM:533271) Overvalued in 2026?

Based on GuruFocus' analysis, Ashoka Buildcon stock appears to be undervalued. The current stock price of ₹126.85 is trading 15.7% below its estimated GF Value™ of ₹150.54. GuruFocus considers Ashoka Buildcon to be Modestly Undervalued.

Key valuation signals for BOM:533271:

  • Debt-to-Equity: 0.24 (96% below median its 10-year median of 6.71)
  • GF Value™: ₹150.54 vs. price of ₹126.85 (15.7% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 41.5% below the Construction median (#575 of 1611)

No single metric tells the full story. See the BOM:533271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashoka Buildcon Business Description

Other Exchanges ASHOKA:India
Address Ashoka Marg, Survey No 861, Ashoka House, Vadala, Nashik, MH, IND, 422011
Ashoka Buildcon Ltd develops highways and is also active in power transmission and distribution. It operates in three segments: Construction and Contract Related Activities, which includes engineering, procurement, and construction of infrastructure projects; Build, Operate, and Transfer, which involves annuity-based infrastructure development under BOT and annuity models; and Sale of Goods, which mainly consists of the sale of construction materials, including RMC and real estate. The company operates across India, with the majority of its revenue generated from construction and contract-related activities.
83GF Score

Get the complete analysis for BOM:533271

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹126.85
Price
₹150.54
GF Value