Toh hua kya hai? Acuite Ratings ne Ashoka Buildcon ki long-term rating ko 'ACUITE AA' stable rakha hai aur short-term rating 'ACUITE A1+' confirm ki hai. Sabse badi baat ye hai ki inki ratings ko 'Rating Watch' se hata diya gaya hai. Yaani ab company ke upar financial risk kam lag raha hai.
Paisa kahan se aaya?
Iska reason ye hai ki company ne apne 10 assets (5 BOT aur 5 HAM projects) ko successfully monetize kiya hai aur usse ₹2,817 Crore collect kiye hain. Ye paisa seedha debt kam karne mein use hua hai. Pehle ratings ko 'watch' mein isliye dala tha kyunki ye asset sale hone wale the, aur ab jab ho gaye toh ratings stable ho gayi.
Investors ko kya faayda?
Simple hai, jab ratings stable hoti hain toh company ki creditworthiness badh jaati hai. Isse future mein loan wagera kam interest par mil sakta hai aur investors ka bharosa bhi company par badh jaata hai. Market mein yeh ek positive sign mana jata hai.
Pichle issues aur ab kya?
Thoda back mein jaayein toh, pehle company ka operating performance thoda slow chal raha tha aur FY25 mein revenue bhi kam hua tha. Kuch GST search aur NHAI bids se temporary suspension jaisi cheezein bhi hui thi (haalanki court ne relief de diya tha). Par ye asset sales ne sab financial concerns ko address kar diya hai.
Current stats dekho toh, company ka order book lagbhag ₹16,477 Crore ka hai. FY25 mein revenue ₹7,061.43 Crore aur EBITDA ₹546.89 Crore tha.
Aage kya track karna hai?
Company baaki ke HAM assets ko bhi Q1FY27 tak monetize karne ka plan kar rahi hai jisse ₹1100 Crore aur milenge. Order book ko execute karna, profitability badhana, aur debt manage karna ye sab important hoga.