Ahluwalia Contracts (India) Ltd.
•Add ratio to table
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Contract Work: 99.9% • Lease Rental: 0.1%
AI Sector View
AI GENERATEDConstruction
Construction fundamentals are strong, led by government and infrastructure spending. Capital expenditure was up 66% YoY (2026-06), cement output grew 13.1% YoY (2026-07), and the sector also benefits from improving housing and GFCF conditions. FPI flows turned supportive with INR 1720 crore net inflow over 3 months to 2026-08-31 from INR -9439 crore in the prior 3 months, reinforcing the positive view.
PROS
- Company has delivered good profit growth of 27.9% CAGR over last 5 years
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 26.2%
- Company has delivered good sales growth of 18.2% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.07x)
CONS
- Recent results are weak - TTM profit is down 16.4% versus prior year
- Contingent liabilities are large at 153.4% of net worth
- Though reporting repeated profits, the company pays out little dividend (1.8%)
- Growth is decelerating - 3Y profit CAGR (10.8%) trails the 5Y trend (27.9%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| DLF | 656.40 | 36.55 | 162479.46 | 1.22 | 793.90 | -89.59 | 1280.34 | -52.87 | 6.81 | 49.68 |
| LODHA | 1165.45 | 28.23 | 116454.47 | 0.36 | 1373.10 | 103.39 | 4996.70 | 43.10 | 16.89 | 38.51 |
| PHOENIXLTD | 1897.90 | 53.03 | 67883.68 | 0.13 | 394.51 | 22.95 | 1074.94 | 12.80 | 15.41 | 59.77 |
| PRESTIGE | 1541.85 | 58.31 | 66412.14 | 0.13 | 271.40 | -12.87 | 2675.10 | 15.94 | 11.51 | 31.75 |
| OBEROIRLTY | 1796.30 | 24.84 | 65313.87 | 0.45 | 543.51 | 29.02 | 1300.89 | 31.73 | 17.69 | 56.75 |
| GODREJPROP | 1860.00 | 35.01 | 56028.13 | 0.54 | 349.38 | -41.61 | 506.17 | 16.48 | 8.37 | -57.98 |
| ANANTRAJ | 613.40 | 38.15 | 22074.85 | 0.16 | 149.19 | 18.50 | 631.40 | 6.58 | 12.23 | 29.53 |
| BRIGADE | 662.00 | 31.08 | 21598.36 | 0.23 | 216.94 | 37.35 | 1115.55 | -12.93 | 11.02 | 32.33 |
| ABREL | 1341.65 | 113.30 | 14985.65 | 0.19 | -34.59 | -27.73 | 188.85 | 30.95 | -4.54 | -30.02 |
| SOBHA | 1228.35 | 56.96 | 13137.67 | 0.49 | 50.85 | 273.37 | 1278.15 | 50.03 | 6.96 | 6.07 |
| SIGNATURE | 785.75 | 10.59 | 11054.40 | 0.00 | -16.53 | -148.00 | 551.99 | -36.24 | 34.77 | -8.10 |
| AHLUCONT | 597.05 | 17.77 | 3999.49 | 0.12 | 10.39 | -79.71 | 1125.81 | 12.03 | 21.14 | 4.20 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 764 | 902 | 1,026 | 1,164 | 919 | 1,011 | 952 | 1,216 | 1,005 | 1,177 | 1,061 | 1,322 | 1,126 | |
| 681 | 812 | 915 | 1,059 | 859 | 938 | 868 | 1,092 | 919 | 1,049 | 965 | 1,199 | 1,126 | |
| Operating Profit | 83 | 90 | 112 | 104 | 60 | 73 | 84 | 124 | 86 | 129 | 96 | 124 | -0 |
| OPM % | 10.82% | 9.96% | 10.90% | 8.96% | 6.58% | 7.25% | 8.86% | 10.17% | 8.59% | 10.92% | 9.05% | 9.35% | -0.03% |
| 7 | 8 | 9 | 207 | 11 | 12 | 15 | 18 | 16 | 15 | 15 | 25 | 16 | |
| Interest | 11 | 11 | 12 | 14 | 15 | 16 | 15 | 13 | 12 | 15 | 11 | 12 | 16 |
| Depreciation | 12 | 13 | 14 | 29 | 15 | 17 | 18 | 17 | 21 | 22 | 26 | 29 | 32 |
| Profit before Tax | 67 | 74 | 95 | 269 | 41 | 53 | 67 | 112 | 69 | 106 | 74 | 108 | 15 |
| Tax % | 25.61% | 25.46% | 25.64% | 25.73% | 26.19% | 26.95% | 25.94% | 25.58% | 26.41% | 25.68% | 26.73% | 25.77% | 25.60% |
| Net Profit | 50 | 55 | 71 | 200 | 31 | 38 | 49 | 83 | 51 | 79 | 54 | 80 | 11 |
| 7.42 | 8.26 | 10.55 | 29.83 | 4.57 | 5.73 | 7.37 | 12.41 | 7.63 | 11.80 | 8.06 | 11.96 | 1.70 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,427 | 1,647 | 1,755 | 1,885 | 1,982 | 2,692 | 2,838 | 3,855 | 4,099 | 4,565 | 4,686 | |
| 1,253 | 1,427 | 1,538 | 1,732 | 1,828 | 2,436 | 2,534 | 3,467 | 3,761 | 4,148 | 4,338 | |
| Operating Profit | 174 | 219 | 216 | 153 | 154 | 256 | 304 | 388 | 337 | 417 | 348 |
| OPM % | 12.18% | 13.32% | 12.34% | 8.12% | 7.78% | 9.52% | 10.72% | 10.07% | 8.23% | 9.14% | 7.42% |
| 8 | 6 | 10 | 10 | 22 | 29 | 30 | 232 | 60 | 89 | 71 | |
| Interest | 27 | 25 | 19 | 35 | 43 | 44 | 33 | 48 | 58 | 50 | 55 |
| Depreciation | 24 | 26 | 28 | 32 | 30 | 34 | 39 | 67 | 67 | 98 | 109 |
| Profit before Tax | 131 | 175 | 179 | 97 | 104 | 208 | 262 | 505 | 272 | 358 | 303 |
| Tax % | 34.15% | 33.98% | 34.60% | 33.29% | 25.39% | 25.51% | 25.85% | 25.66% | 26.02% | 26.07% | 25.96% |
| Net Profit | 86 | 115 | 117 | 64 | 77 | 155 | 194 | 376 | 202 | 264 | 225 |
| EPS | 12.88 | 17.23 | 17.52 | 9.62 | 11.53 | 23.18 | 28.98 | 56.06 | 30.08 | 39.46 | — |
| Dividend Payout % | 0.00% | 1.74% | 1.71% | 0.00% | 0.00% | 1.29% | 1.38% | 0.89% | 1.99% | 1.77% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 14%
- 5 Years:
- 18%
- 3 Years:
- 17%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 12%
- 5 Years:
- 28%
- 3 Years:
- 11%
STOCK PRICE CAGR
- 10 Years:
- 7%
- 5 Years:
- 9%
- 3 Years:
- -6%
- 1 Year:
- -37%
RETURN ON EQUITY
- 10 Years:
- 16%
- 5 Years:
- 17%
- 3 Years:
- 17%
- Last Year:
- 14%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| 492 | 609 | 725 | 791 | 867 | 1,023 | 1,216 | 1,589 | 1,787 | 2,047 | |
| 152 | 57 | 124 | 160 | 220 | 125 | 148 | 421 | 495 | 526 | |
| Trade Payables | 352 | 378 | 429 | 523 | 640 | 619 | 672 | 700 | 847 | 815 |
| 208 | 174 | 167 | 249 | 298 | 240 | 419 | 441 | 529 | 829 | |
| Total Liabilities | 1,219 | 1,231 | 1,458 | 1,736 | 2,039 | 2,021 | 2,468 | 3,164 | 3,672 | 4,230 |
| 105 | 98 | 100 | 108 | 121 | 116 | 184 | 246 | 367 | 548 | |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 7 | 7 | 6 |
| 7 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | |
| 248 | 189 | 148 | 221 | 297 | 242 | 244 | 316 | 339 | 342 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 746 | 785 | 734 | |
| Cash & Bank | 123 | 125 | 209 | 244 | 418 | 433 | 588 | 780 | 964 | 817 |
| 736 | 813 | 994 | 1,157 | 1,196 | 1,223 | 1,444 | 1,062 | 1,203 | 1,776 | |
| Total Assets | 1,219 | 1,231 | 1,458 | 1,736 | 2,039 | 2,021 | 2,468 | 3,164 | 3,672 | 4,230 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 138 | 137 | 165 | 157 | 291 | 125 | 350 | 257 | 359 | 281 | |
| Cash from Investing | -9 | -20 | -43 | -46 | -48 | -101 | -166 | -310 | -323 | -257 |
| Cash from Financing | -70 | -70 | 19 | -36 | -51 | -44 | -16 | 21 | -52 | -34 |
| 48 | -9 | 62 | 27 | 161 | -79 | 120 | -31 | -16 | -10 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-07 - Ahluwalia Contracts (India) Limited has informed the Exchange that Record date for the purpose of Dividend & Meeting is 22-Sep-2026.
2026-09-07 - Ahluwalia Contracts (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 2026
2026-09-03 - Ahluwalia Contracts (India) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 2026
2026-08-20 - Ahluwalia Contracts (India) Limited has informed the Exchange about Transcript
2026-08-17 - Ahluwalia Contracts (India) Limited has informed the Exchange about Link of Recording
2026-08-17 - Ahluwalia Contracts (India) Limited has informed the Exchange about Investor Presentation
2026-08-17 - Ahluwalia Contracts (India) Limited has informed the Exchange that Record date for the purpose of Dividend & Meeting is 22-Sep-2026.
2026-08-17 - Ahluwalia Contracts (India) Limited has informed the Exchange about General Updates
2026-08-14 - Ahluwalia Contracts (India) Limited has informed the Exchange that Record date for the purpose of Dividend & Meeting is 22-Sep-2026.
News
Recent coverage and analyst commentary for AHLUCONT
Loading news…
AI Stock Analyst
Ahluwalia Contracts (India) Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account

