Ashoka Buildcon (BOM:533271) ROE %: 8.70% (As of Mar. 2026) — 76% Below Median

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BOM:533271 Ashoka Buildcon Ltd BOM:533271
83 GF Score
Price ₹124.00
GF Value ₹150.55
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Ashoka Buildcon ROE %?

Ashoka Buildcon BOM:533271 -2.25% 83 ROE % is 8.70% as of Mar. 2026, which is 76% below its 10-year median of 36.49. GuruFocus rates BOM:533271 with a GF Score™ of 83/100 and a GF Value™ of ₹150.55 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,747 Construction companies, Ashoka Buildcon ranks better than 97.02% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ashoka Buildcon's annualized net income for the quarter that ended in Mar. 2026 was ₹5,726 Mil. Ashoka Buildcon's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹65,793 Mil. Therefore, Ashoka Buildcon's annualized ROE % for the quarter that ended in Mar. 2026 was 8.70%.

The historical rank and industry rank for Ashoka Buildcon's ROE % or its related term are showing as below:

BOM:533271' s ROE % Range Over the Past 10 Years
Min: -34.96   Med: 36.49   Max: 77.85
Current: 52.02

During the past 13 years, Ashoka Buildcon's highest ROE % was 77.85%. The lowest was -34.96%. And the median was 36.49%.

BOM:533271's ROE % is ranked better than
97.02% of 1747 companies
in the Construction industry
Industry Median: 6.74 vs BOM:533271: 52.02

Ashoka Buildcon  (BOM:533271) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=5725.748/65792.798
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5725.748 / 78172.124)*(78172.124 / 130501.46)*(130501.46 / 65792.798)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.32 %*0.599*1.9835
=ROA %*Equity Multiplier
=4.38 %*1.9835
=8.70 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=5725.748/65792.798
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5725.748 / 6381.14) * (6381.14 / 8902.452) * (8902.452 / 78172.124) * (78172.124 / 130501.46) * (130501.46 / 65792.798)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8973 * 0.7168 * 11.39 % * 0.599 * 1.9835
=8.70 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Ashoka Buildcon ROE % Related Terms


Ashoka Buildcon ROE % Historical Data

* Premium members only.

The historical data trend for Ashoka Buildcon's ROE % 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 ROE % Chart

Ashoka Buildcon Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.85 19.13 25.83 55.22 48.60

Ashoka Buildcon Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 44.16 22.21 7.42 200.58 8.70

BOM:533271 vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, Ashoka Buildcon's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Construction Industry

For the Construction industry and Industrials sector, Ashoka Buildcon's ROE % distribution charts can be found below:

* The bar in red indicates where Ashoka Buildcon's ROE % falls into.


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

Ashoka Buildcon ROE % Calculation

Ashoka Buildcon's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=25500.1/( (39152.529+65792.798)/ 2 )
=25500.1/52472.6635
=48.60 %

Ashoka Buildcon's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=5725.748/( (0+65792.798)/ 1 )
=5725.748/65792.798
=8.70 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 8.70% mean?
Ashoka Buildcon (BOM:533271) has a ROE % of 8.70% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Ashoka Buildcon and its competitors. This is 76% below median its historical median of 36.49. According to the industry distribution chart, Ashoka Buildcon ranks #52 out of 1747 companies in the Construction industry, placing it in the top 3%.
Is Ashoka Buildcon's ROE % too high?
Ashoka Buildcon's current ROE % of 8.70% is 76% below median its 10-year median of 36.49. The Construction industry median ROE % is 6.74. Ashoka Buildcon's value of 8.70% is 29.1% above this industry median. Based on the distribution chart, Ashoka Buildcon ranks #52 out of 1747 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. 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 ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Ashoka Buildcon ranks #52 out of 1747 companies for ROE %. This places Ashoka Buildcon in the top 3% of its industry — outperforming the majority of peers. The industry median ROE % is 6.74. Ashoka Buildcon's value of 8.70% is 29.1% above this benchmark. While the company's 10-year median is 36.49 vs. the industry median of 6.74, Ashoka Buildcon has consistently been above 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 ROE % for a Construction company?
The median ROE % among Construction companies is 6.74, based on 1,747 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashoka Buildcon's current ROE % of 8.70% is 29.1% above 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Ashoka Buildcon and its competitors. For the Construction industry, the median ROE % is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashoka Buildcon's current ROE % is 8.70%, which is 76% below median its own 10-year median of 36.49. 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 ₹150.55, compared to a current price of ₹124.00 — trading 17.6% below its estimated fair value. The current ROE % is 8.70%, which is 76% below median its 10-year median of 36.49 and 29.1% above the Construction industry median of 6.74. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Ashoka Buildcon (BOM:533271), the current ROE % is 8.70% 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 ₹124.00 is trading 17.6% below its estimated GF Value™ of ₹150.55. GuruFocus considers Ashoka Buildcon to be Modestly Undervalued.

Key valuation signals for BOM:533271:

  • ROE %: 8.70% (76% below median its 10-year median of 36.49)
  • GF Value™: ₹150.55 vs. price of ₹124.00 (17.6% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 29.1% above the Construction median (#52 of 1747)

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

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

₹124.00
Price
₹150.55
GF Value