Ashoka Buildcon secured a USD 72.36 million (≈₹680 cr) EPC contract from Angola’s Ministry of Energy and Water for a 24‑month power distribution project.
The deal lifts Ashoka’s order book to ₹15,927 cr, with Road EPC 44.1%, Power T&D 32.1%, Road HAM 10.8%, Building EPC 9.8%, Railways 3.3%.
Shares trade at ₹134, a 42% discount to the 52‑week high of ₹231, with a P/E of 3.63 versus industry average 18.
Revenue fell 23% YoY to ₹1,827 cr, operating profit down 32% to ₹435 cr, net profit jumped 218% to ₹2,111 cr on exceptional items.