ASHOKA
Ashoka Buildcon Limited
Each stock's 10,000-path forecast, rendered as light.
Ashoka Buildcon Limited (ASHOKA) Stock Analysis & Case Study
Is ASHOKA a good buy? The data-driven verdict.
Ashoka Buildcon Limited (ASHOKA) trades at ₹118,on the numbers it worth a closer look, a Downstox Snapshot Score of 69/100.
On the numbers, Ashoka Buildcon Limited (ASHOKA) worth a closer look, a Downstox Snapshot Score of 69/100, weighing inexpensive at 4.1× earnings, ROE of 15.3%, a 52% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
ASHOKA fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How ASHOKA ranks against the 2,373 companies in our screener
- ASHOKA's market cap of 3,322 Cr ranks in the 59th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASHOKA's book value of ₹234 ranks in the 75th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASHOKA's promoter holding of 54.5% ranks in the 40th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASHOKA's 3-year profit (PAT) growth of 35.0% ranks in the 74th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASHOKA's 3-year revenue growth of -2.0% ranks in the 20th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASHOKA's debt-to-equity ratio of 0.24x is lower than 58% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is ASHOKA overvalued? ASHOKA P/E vs peers
ASHOKA trades at 4.1× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
ASHOKA share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of ASHOKA history (1%/yr drift, 41%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| ASHOKA 2027 | ₹72 | ₹121 | ₹204 | +2% |
| ASHOKA 2028 | ₹59 | ₹124 | ₹260 | +4% |
| ASHOKA 2029 | ₹51 | ₹126 | ₹315 | +7% |
| ASHOKA 2030 | ₹44 | ₹129 | ₹375 | +9% |
| ASHOKA 2031 | ₹41 | ₹132 | ₹427 | +11% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability ASHOKA goes up, or doubles?
The bull case for ASHOKA
- ASHOKA's P/E of 4.1x is lower than 95% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Low price-to-book of 0.50×, the market is paying little over the company's net assets.
- ASHOKA's return on equity of 15.3% ranks in the 72nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASHOKA's return on capital employed of 26.5% ranks in the 89th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹315.
The bear case & risks
- No model or past record guarantees future returns, treat this as one input, not a decision.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹51.
ASHOKA volatility & expected range, how bumpy is the ride?
Over the last 9.8 years ASHOKA compounded at 1%/year with annualized volatility of 41%. That volatility implies a 1-year 80% range of ₹72-₹204, the honest backbone behind any single price target.
ASHOKA price forecast, the full 60-month probability fan
ASHOKA price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds ASHOKA hits common targets within the simulated horizon?
Full multi-horizon detail on the ASHOKA price target & forecast page.
ASHOKA Piotroski F-Score: 4/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. ASHOKA scores 4/8, mixed financial health.
ASHOKA MTF margin & leverage across 11 brokers
Margin Trading Facility lets you buy ASHOKA with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 35.00% | 2.9× |
| ZerodhaCHEAPEST | 33.89% | 3.0× |
| Groww | 34.09% | 2.9× |
| DhanCHEAPEST | 33.89% | 3.0× |
| Kotak Neo | 34.97% | 2.9× |
| Paytm Money | 34.16% | 2.9× |
| Pocketful | 34.48% | 2.9× |
| Fyers | 34.48% | 2.9× |
| Anand RathiCHEAPEST | 33.89% | 3.0× |
| Bajaj Broking | 40.00% | 2.5× |
| Share India | 34.05% | 2.9× |
Compare every broker on the ASHOKA MTF page.
About Ashoka Buildcon Limited: sector, index & market-cap context
Ashoka Buildcon Limited (ASHOKA) is a small-cap NSE-listed company, with a market capitalisation of ₹3,322 Cr. See more stocks on our screener.
How the ASHOKA Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Ashoka Buildcon Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
ASHOKA analysis, FAQs
Is Ashoka Buildcon Limited (ASHOKA) a good buy?
On the numbers, Ashoka Buildcon Limited (ASHOKA) worth a closer look, a Downstox Snapshot Score of 69/100, weighing inexpensive at 4.1× earnings, ROE of 15.3%, a 52% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is ASHOKA overvalued or undervalued?
ASHOKA trades at 4.1× earnings, inexpensive versus the ~22× long-run Nifty average.
What is the ASHOKA share price target for 2031?
ASHOKA's probability-weighted 2031 median target is ₹132, with an 80% range of ₹41-₹427 (10,000-path Monte-Carlo).
What is the probability ASHOKA doubles in 5 years?
The modelled probability of ASHOKA reaching ₹237 (2×) within 5 years is 26%.
What is the bull case for ASHOKA?
ASHOKA's P/E of 4.1x is lower than 95% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. Low price-to-book of 0.50×, the market is paying little over the company's net assets. ASHOKA's return on equity of 15.3% ranks in the 72nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in ASHOKA?
No model or past record guarantees future returns, treat this as one input, not a decision.