AHLUCONT · Ahluwalia Contracts (India) Ltd · Construction Services
AHLUCONT · Ahluwalia Contracts (India) Ltd · Construction Services
As of 05 Nov close
52-week range
49.9% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹1,126 Cr
Revenue YoY
PAT YoY
-79.7%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.9
P/S (TTM)
0.9
Sector P/E
10.8
Dividend yield
+0.1%
No peer comparison data on file for AHLUCONT.
Promoter
stable
FII
rising 3q
MF
21.69% (-0.11pp)
falling 3q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: Ahluwalia Contracts (India) Limited reported 1QFY27 results with a 12.03% growth in turnover to INR1,125.81 crores but a 77.65% decline in PAT to INR11.42 crores compared to 1QFY26. The EBITDA margin fell to 4.29% from 8.59%, primarily due to a INR29 crores reduction in the AIIMS Jammu project bill, increased labor costs in NCR (35-40% rise in minimum wages), and higher IDC costs from West Bengal and Assam SIR drives and elections. The net order book stood at INR20,663.52 crores as of 30 June 2026, with INR512.81 crores in order inflow for FY27. Management noted that labor cost increases are permanent and not expected to reverse, with potential compensation from clients over the next two quarters. Projects like Central Vista and Gems and Jewellery Park are expected to contribute INR700 crores and INR100 crores respectively in FY27, with higher billing in subsequent years. However, uncertainties like NGT regulations and ongoing labor shortages could impact margins. The company expects top-line growth of 12-15% for FY27 but ruled out double-digit EBITDA margins for the year due to external factors. The CFO mentioned a 1.5% impact on EBITDA from labor costs, with potential for partial offset through client incentives and productivity gains. The company emphasized that labor shortages and rising costs are industry-wide challenges, not unique to Ahluwalia.
The document highlights significant declines in profitability metrics, permanent labor cost increases, and external challenges like NGT regulations, which collectively indicate a negative tone.
Sourced from an exchange-filed transcript, dated 20 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation for Ahluwalia Contracts (India) Limited reported total income of ₹45,652 million and EBITDA of ₹4,345 million for the fiscal year ending 2026. As of June 30, 2026, the gross order book stood at ₹297,138 million, with an unexecuted order book of ₹206,635 million. For Q1 FY 27, total income was ₹11,258 million, with an EBITDA of ₹482 million. The presentation highlighted the company's extensive experience in infrastructure development, showcasing a diverse portfolio of completed projects across various sectors. Management noted a strong regional presence with over 55 ongoing projects across 16 states and one overseas project. The document also detailed the company's historical growth trajectory and its commitment to high-quality standards and timely project delivery, supported by various ISO certifications.
The presentation provided a factual overview of financial performance and operational capabilities without emphasizing significant growth or challenges.
Sourced from an exchange-filed presentation, dated 17 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation for Ahluwalia Contracts (India) Limited reported total income of ₹45,652 million and EBITDA of ₹4,345 million for the fiscal year ending 2026. As of March 31, 2026, the gross order book stood at ₹296,757 million, with an unexecuted order book of ₹210,963 million. The company highlighted its extensive experience in infrastructure development, having completed various landmark projects across sectors such as residential, commercial, and urban infrastructure. The presentation detailed ongoing projects across 16 states and one overseas project, emphasizing a diversified regional presence. Financial highlights included a year-on-year increase in income from operations and net profit, with a reported net profit of ₹2,643 million for FY 26. Management noted a commitment to high-quality standards and timely project delivery, supported by various ISO certifications.
The presentation emphasized strong financial performance and a robust order book.
Sourced from an exchange-filed presentation, dated 01 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: During the 3QFY26 earnings conference call, management of Ahluwalia Contracts (India) Limited reported a turnover of INR1,060.72 crores and a PAT of INR54.02 crores, reflecting an 11.43% growth in turnover and a 9.38% growth in PAT compared to 3QFY25. The EPS for the quarter was INR8.06, up from INR7.37 in the same quarter last year. Management noted that the EBITDA margin increased to 9.05%, while the PAT margin slightly decreased to 5.02%. For the first nine months of FY26, the company achieved a turnover of INR3,242.90 crores and a PAT of INR184.18 crores. The net order book stood at INR18,679.50 crores, with total order inflow year-to-date at INR9,562 crores. Management guided toward a top-line growth of 10% to 15% for FY26, citing disruptions from NGT regulations and project closures in Delhi as factors affecting performance. They expressed optimism about future growth, particularly with a strong order book and upcoming projects.
Management highlighted both growth achievements and challenges faced during the quarter.
Sourced from an exchange-filed transcript, dated 19 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation for Ahluwalia Contracts (India) Limited reported the company's financial results for Q3 FY 26, highlighting a total income of ₹10,759 million and an EBITDA of ₹960 million. The year-to-date order inflows reached ₹95,625 million. As of December 31, 2025, the gross order book stood at ₹265,855 million, with an unexecuted order book of ₹186,795 million. The presentation detailed the company's extensive project portfolio, including ongoing projects across 15 states and one overseas project. Management emphasized the company's established presence in the construction sector, with a focus on delivering high-quality infrastructure solutions. The document also outlined the company's historical growth trajectory and its commitment to maintaining high standards through various ISO certifications.
The presentation provided a factual overview of financial results and operational details without strong emphasis on growth or challenges.
Sourced from an exchange-filed presentation, dated 16 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation for Ahluwalia Contracts (India) Limited reported the company's financial results for Q3 FY 26, highlighting a total income of ₹10,759 million and an EBITDA of ₹960 million. The year-to-date order inflows reached ₹87,536 million. As of December 31, 2025, the gross order book stood at ₹265,855 million, with an unexecuted order book of ₹186,795 million. The presentation detailed the company's extensive project portfolio, including 48 ongoing projects across 15 states and one overseas project. Management emphasized the company's established presence in the construction sector, with a focus on delivering turnkey solutions and maintaining high-quality standards. The document also outlined the growth potential of the Indian construction market, projected to reach USD 2.13 trillion by 2030, and the company's strategic positioning to capitalize on this growth.
Management highlighted strong financial performance and growth opportunities in the construction sector.
Sourced from an exchange-filed presentation, dated 16 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedAhluwalia Contracts (India) Limited (ACIL) emphasizes its commitment to delivering high-quality infrastructure projects through precision-led construction, innovative design, and excellence in execution. The company highlights its diversified portfolio spanning residential, commercial, industrial, and infrastructure projects, with a focus on leveraging advanced technology and digital tools. ACIL also underscores its financial stability, reaffirmed by CARE Ratings with an AA- rating, and outlines its strategic initiatives to enhance operational efficiency and address challenges in the construction sector.
- ACIL focuses on precision-led, high-quality construction with innovative design and execution excellence.
- The company has a diversified portfolio spanning residential, commercial, industrial, and infrastructure projects.
- ACIL is investing in advanced machinery and digital systems to build future urban icons and enhance operational efficiency.
- Reaffirmed financial stability with CARE Ratings' AA- long-term bank facilities rating, reflecting continued sector performance.
- Strategic initiatives include addressing NGT-related challenges and leveraging a healthy project pipeline for growth.
Key takeaway: Ahluwalia Contracts (India) Limited is committed to delivering high-quality infrastructure through precision-led construction and innovation, supported by a diversified project portfolio and reaffirmed financial stability, while navigating risks related to geopolitical factors and regulatory changes.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Default / Covenant Breach
2 occurrencesEarlier (1-3 years ago)
The company has experienced slight delays in depositing Provident Fund, ESI, and Income Tax, but no undisputed amounts were in arrears for more than six months as of March 31, 2024.
Older (3+ years ago)
The company has experienced slight delays in depositing Provident Fund, ESI, and Income Tax, but there were no undisputed amounts payable in arrears for more than six months as of March 31, 2023.
Routine disclosures
Contingent Liability
6 occurrencesRecent (last 12 months)
The company is involved in pending direct tax, indirect tax and other litigations with different statutory authorities. The management's determination of provisions for these liabilities depends on significant assumptions and assessments involving interpretation of rules, regulations, practices and precedents in various jurisdictions.
Earlier (1-3 years ago)
The company has contingent liabilities including Value Added Tax liability, Excise duty demand, Service tax demand on alleged composition scheme, exempted projects, others, Goods & Service Tax, Income Tax demand, Provident fund demand, stamp duty on Real Estate Project, and other claims not acknowledged as debts.
The company is involved in pending litigations related to direct, indirect tax and other matters with different statutory authorities.
Older (3+ years ago)
Ahluwalia Contracts (India) Limited is involved in direct, indirect tax and other litigations pending with different statutory authorities.
The company has disputed indirect tax matters and other contingent liabilities, subject to assessments by tax authorities, resulting in litigations/disputes.
The company is subject to indirect tax assessments and litigations resulting in disputes, involving significant amounts at various stages of resolution.
Related-Party Transaction
6 occurrencesRecent (last 12 months)
The company has made transactions with related parties, including rent paid to Sudershan Walia (relative of Key Management Personnel) and contributions to CSR by Karamchand Ahluwalia Hospital Medical Research Trust, which is an enterprise owned and controlled by a relative of the key management personnel.
Earlier (1-3 years ago)
The company has disclosed that trade receivables include amounts due from a joint venture, which is considered a related party transaction.
The company has disclosed transactions with related parties, including rent paid to Sudershan Walia (relative of Key Management Personnel), dividend payments to Bikramjit Ahluwalia (Key Management Personnel) and others, and loans given to Key Management Personnel with interest received.
Older (3+ years ago)
The company has trade receivables due from a Joint Venture amounting to ₹243.89 Lakhs (P.Y. ` Nil), as disclosed in Note 46 - Related Party Disclosure.
The company had transactions with related parties, including unsecured loans and interest payments with enterprises owned by key management personnel and their relatives, such as Ahluwalia Construction Group and individuals like Bikramjit Ahluwalia, Vipin Kumar Tiwari, and Satbeer Singh.
The company has entered into leases for lands with terms ranging from 90 to 99 years, and has also given a Right of Use Asset (Commercial Complex) on sublease under non-cancellable operating lease agreements.
Statutory dues in dispute
4 occurrencesRecent (last 12 months)
The company has disputed amounts under the Central Excise Act and Goods & Services Tax Act, with disputes pending before CESTAT, Chandigarh and various GST authorities.
Earlier (1-3 years ago)
The company has statutory dues disputes pending with authorities, including Excise Duty Demands under the Central Excise Act and VAT demands, with amounts in lakhs and disputes pending before various forums as of March 31, 2025.
Older (3+ years ago)
The company has outstanding statutory dues under various tax acts, including Central Excise, GST, and VAT, with disputes pending before multiple authorities, involving amounts in lakhs and spanning multiple fiscal years.
The company has outstanding tax demands from various authorities, including GST, excise duty, and VAT, with amounts ranging from 27.10 lakhs to 601.13 lakhs, and disputes pending before various forums such as CESTAT, Commissioner (Appeal), and High Court.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.3% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).