1. India Stocks

  2. •

    Industrial services

  3. •

    Engineering & construction
Ahluwalia Contracts (India) Limited

Ahluwalia Contracts (India) Limited

539.75
INR
-12.35
(-2.24%)
33.59EPS
25.42P/E
57.19BMarket Cap
Nov 13Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
153.05
165.31
186.54
212.35
244.56
257.86
279.88
293.56
398.75
418.75
572.86
608.07
675.51
699.41
Basic EPS, GAAP
3.46
9.99
12.6
12.87
17.23
17.51
9.61
11.52
23.17
28.96
55.95
30.17
39.69
33.59
Free Cash Flow per Basic Share
-2.08
11.04
8.14
15.84
9.42
8.35
10.88
33.34
5.62
29.13
21.36
25.47
2.27
- -
Dividend per Share
- -
- -
- -
- -
- -
0.3
0.3
- -
- -
0.3
0.4
0.46
0.55
- -
Book Value per Share
36.02
50.39
62.62
75.35
92.75
110.06
119.85
131.18
154.53
183.37
238.84
268.47
307.5
- -
Tangible Book Value per Share
25.21
38.39
62.34
75.07
92.43
109.71
119.49
130.8
154.16
182.99
238.46
267.28
306.41
- -
Basic Weighted Avg Shares
63
64
67
67
67
67
67
67
67
67
67
67
67
67
Sales/Revenue/Turnover
9,606
10,599
12,496
14,225
16,382
17,274
18,748
19,665
26,711
28,051
38,374
40,733
45,250
46,861
Operating Margin (%)
2.61
8.99
11.57
10.84
11.92
10.48
8.48
8.71
8.4
9.6
8.78
6.95
7.44
6.13
Depreciation Expense
124
212
201
239
256
276
319
304
336
388
519
666
980
1,094
Net Income, GAAP
217
640
844
862
1,154
1,173
644
772
1,552
1,940
3,748
2,021
2,659
2,250
Effective Tax Rate (%)
0.23
3.94
29.16
34.16
33.98
34.61
33.3
25.4
25.52
25.87
25.7
25.97
25.96
25.94
Profit Margin (%)
2.26
6.04
6.75
6.06
7.05
6.79
3.43
3.93
5.81
6.92
9.77
4.96
5.88
4.8
Working Capital
-427
370
1,150
1,846
3,103
4,513
4,494
5,867
6,764
8,881
14,165
15,926
15,008
- -
LT Debt
329
90
1
- -
7
6
424
490
500
522
572
615
657
- -
Total Equity
2,261
3,375
4,195
5,048
6,213
7,372
8,028
8,788
10,352
12,283
15,999
17,984
20,599
- -
Return on Invested Capital (%)
11.39
19.64
19.04
17.13
20.65
15.24
9.24
9.47
17.22
16.79
25.85
11.27
12.54
- -
Return on Capital (%)
12.23
20.27
19.67
17.14
20.46
17.16
9.44
10.82
17.58
17.62
26.59
12.96
14.51
- -
Return on Common Equity (%)
10.1
22.72
22.3
18.66
20.5
17.27
8.36
9.18
16.22
17.14
26.51
11.89
13.78
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
74
- -
LT Borrowings
- -
18
- -
LT Finance Leases
- -
640
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
67
67
67
Market Capitalization
65,698
43,689
57,191

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
31,801
- -
Cash, Cash Equivalents & STI
- -
5,965
- -
Accounts Receivable, Net
- -
10,924
- -
Inventories
- -
3,422
- -
Total Current Liabilities
- -
16,793
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
74
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.41%
18.73%
14.54%
Free Cash Flow
51.6%
47.29%
-91.11%
Net Income, GAAP
21.72%
40.95%
31.56%
Sales/Revenue/Turnover
14.28%
18.98%
11.09%
Total Cash Common Dividend
- -
- -
20.07%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
9,193
10,115
9,520
12,158
40,733
2026
10,049
11,773
10,607
13,223
45,250
2027
11,258
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4.56
5.77
7.39
12.44
30.17
2026
7.64
11.73
8.07
12.24
39.69
2027
1.55
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.46
2026
- -
- -
- -
- -
0.55
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Bikramjit Ahluwalia
Full Time Employees
23,857
Sector
Industrial services
Industry
Engineering & construction
Address
Plot No. A-177 New Delhi DE India 110020
IPO Date
Apr 30, 1996
Website
acilnet.com
Similar Companies
Larsen & Toubro Limited (NSE:LT)
Engineers India Limited (NSE:ENGINERSIN)
Tekfen Holding Anonim Sirketi (BIST:TKFEN)
Enka Insaat ve Sanayi A.S. (BIST:ENKAI)
Quanta Services, Inc. (NYSE:PWR)
Sterling Infrastructure, Inc. (NASDAQ:STRL)
Business
Ahluwalia Contracts (India) Limited engages in civil construction and turnkey project execution across diverse sectors in India, including residential and commercial buildings, hotels, institutional and hospital facilities, corporate offices, IT parks, industrial complexes, power plants, metro stations, depots, and automated car parking lots; it also provides specialized services such as steel fabrication, aluminum doors/windows/structural glazing/cladding installation, water supply/sanitary/fire fighting works procurement and commissioning, and ready mix concrete manufacturing. Founded in 1979 and headquartered in New Delhi, the company operates primarily across 14 states in India, delivering engineering, procurement, construction, erection, commissioning, and project management for government and private clients with ISO 9001:2008, ISO 14001:2004, and OHSAS 18001:2007 certifications. Recent developments include securing a Rs2,089 crore contract from DLF Ltd for civil, structural, and rough finishing works at The Dahlias residential project in Gurugram (July 2025, 44-month execution); a Rs2,000 crore order via partnership with Whiteland Corp and Kalpataru Projects for a Dwarka Expressway housing development (July 2025); a Rs1,095 crore project from DLF City Centre for civil/composite steel works in Gurugram (October 2024, 21 months); a Rs397 crore order from Godrej Properties for Noida construction (recent); a Rs893 crore Airports Authority of India terminal project (July 2024); and a Rs350 crore BALCO apartment EPC contract (August 2024), boosting its order book to over Rs23,500 crore with Rs8,437 crore in new 2025 orders.