Ashoka Buildcon Limited Announces its Standalone Financial Result–Q2 & H1FY19

Deepthi | Myequity news | Date : 03-11-2018 18:30:00 IST

Ashoka Buildcon Limited, an integrated EPC and BOT player, reported its financial results for the quarter ended 30th September 2018.

Half-Yearly Financial Highlights:

• Income of Rs. 1,500 crores in H1FY19 against Rs. 1,107 crores in H1FY18 recorded a growth of 35.5% y-o-y; EBITDA of Rs. 237 crores with an EBITDA margin of 15.8% in H1FY19

• Total Consolidated Debt is Rs. 5,091 crores. The Debt on Standalone basis is Rs. 388 crores, which comprises of Rs. 113 crores of Equipment Loans and Rs. 275 crores of Working Capital Loans

Quarterly Financial Performance Highlights:

• Income of Rs. 780 crores in Q2FY19 against Rs. 389 crores in Q2FY18 recorded a robust growth of 100.3% y-o-y; EBITDA of Rs. 119 crores with an EBITDA margin of 15.3% in Q2FY19

• BOT division recorded a Toll Collection of Rs. 251 crores in Q2FY19 up from Rs. 237 crores in Q2FY18

Current EPC Order Book:

• Current EPC Order book of the Company is Rs 9,764 crores

• Roads BOT comprises of 55% of the total order book, Roads EPC comprises of 27% and Power T&D EPC of 19 %

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