Ashoka Buildcon (ABL) is one of the largest highway developers in the country with an impressive portfolio of over 28 PPP projects. Present across nine states in India, the company executes several prestigious projects for national and state governments. It is also active in the power transmission and distribution sector with various projects in Maharashtra, Chhattisgarh, Tamil Nadu and Bihar. The company has executed 59 road and bridge projects, and this portfolio has made it one of the leading BOT developers in the country.
ABL´s order book as on March 31, 2015 stood at Rs 3,106 crore implying book to bill of 1.3x TTM construction revenues. Roads (largely captive) constitute 44 per cent of the overall order book while T&D EPC orders account for the balance 56 per cent. The company´s overall revenue grew 29 per cent at Rs 2,315.34 crore in the last fiscal while net profit after taxes, minority interest and share of profit of associates (PAT) declined by 16.4 per cent to Rs 81.48 crore.