Ahluwalia Contracts (India) Ltd

BSE: AHLUCONT532811ISIN INE758C01029

Industrials
Civil Construction
BSE 1000

Share price

₹530.75-2.15 (-0.40%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹1,076.60
52W low: ₹521.60
Off 52W high: -50.70%
1M return: -6.76%
3M return: -36.21%
6M return: -37.78%
1Y return: -42.18%
20D avg volume: 20,627
50 DMA: ₹576.27
200 DMA: ₹754.80

Key ratios Consolidated

Market cap: ₹3,555 Cr
Current price: ₹530.75
52W high / low: ₹1,076.60 / ₹521.60
Face value: ₹2.00
P/E: 15.80
P/B: 1.73
EPS (TTM): ₹33.59
Book value / share: ₹307.36
ROE: —
ROCE: 15.80%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-304.26 Cr
Interest cover: 8.11
Dividend yield: 0.13%
Dividend / share (TTM): ₹0.70
Payout: 2.08%
Cash conversion cycle: 20.8 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1,126	1,322	1,061	1,177	1,005	1,216	951.96	1,011	919.35	1,164	1,026	901.55
	15.73	25.46	15.21	14.99	15.86	18.03	14.86	11.71	10.78	12.35	9.02	8.46
	1,142	1,348	1,076	1,192	1,021	1,234	966.82	1,023	930.12	1,176	1,036	910.01
	1,126	1,240	1,002	1,086	951.22	1,122	900.07	970.62	888.65	1,102	940.48	835.83
	524.75	592.21	398.78	476.28	427.15	544.34	417.93	431.90	404.73	567.29	494.26	421.41
	73.76	80.78	0.00	0.00	0.00	81.51	—	—	—	—	—	—
	120.04	112.26	115.79	120.75	91.12	93.16	88.53	89.00	80.90	75.39	72.23	68.80
	16.45	12.31	11.37	14.87	11.94	12.83	14.55	16.00	14.75	13.55	12.26	11.48
	32.18	28.78	26.15	22.31	20.74	17.07	17.98	16.57	15.01	28.93	13.57	12.57
	358.95	413.40	450.04	451.64	400.27	27.20	18.05	16.78	23.10	20.22	—	13.69
	15.40	108.03	73.79	106.44	69.52	111.80	66.75	52.57	41.48	74.11	95.02	74.18
	0.00	1.84	0.00	0.00	0.00	0.11	0.00	0.00	-0.05	194.97	-0.41	-0.22
	15.40	109.87	73.79	106.44	69.52	111.91	66.75	52.57	41.43	269.08	94.61	73.96
	3.94	27.85	19.71	27.32	18.35	28.58	17.30	14.15	10.86	69.25	24.37	18.89
	10.39	82.02	54.06	78.57	51.21	83.33	49.51	38.67	30.56	199.80	70.24	55.07
	3.10	24.48	8.07	11.73	7.64	12.44	7.39	5.77	—	29.83	—	8.22
Key metrics
	64.03	150.96	111.31	143.62	102.20	141.81	99.28	85.14	71.19	311.56	120.44	98.01
	5.70%	11.40%	10.50%	12.20%	10.20%	11.70%	10.40%	8.40%	7.70%	26.80%	11.70%	10.90%
	0.90%	6.20%	5.10%	6.70%	5.10%	6.90%	5.20%	3.80%	3.30%	17.20%	6.80%	6.10%
	—	4.70%	—	4.90%	—	5.50%	—	—	—	—	—	—
	12.00%	8.80%	11.40%	16.40%	9.30%	4.50%	-7.30%	12.20%	—	—	—	—
	-79.70%	-1.60%	9.20%	103.20%	67.60%	-58.30%	-29.50%	-29.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	4,686	4,565	4,099	3,855	2,838	2,692
	71.39	71.52	55.38	36.64	29.52	29.14
	4,758	4,637	4,154	3,892	2,868	2,722
	4,454	4,279	3,881	3,582	2,606	2,513
	1,992	1,894	1,799	1,839	1,361	1,239
	154.54	301.89	298.58	—	—	—
	468.84	439.92	351.59	282.39	200.01	187.87
	55.00	50.49	58.14	48.13	33.08	43.73
	109.42	97.98	66.63	66.86	38.77	33.58
	1,674	1,494	85.13	60.82	47.66	47.70
	303.66	357.77	272.60	310.15	261.79	208.39
	1.84	1.32	0.37	194.97	-0.14	0.00
	305.50	359.09	272.97	505.12	261.65	208.39
	78.82	93.23	70.89	129.62	67.68	53.18
	225.04	265.86	202.08	374.83	193.98	155.22
	47.38	79.38	30.17	55.95	—	—
Key metrics
	469.92	507.56	397.74	620.11	333.50	285.70
	10.03%	11.10%	9.70%	16.10%	11.70%	10.60%
	4.80%	5.80%	4.90%	9.70%	6.80%	5.80%
	—	15.80%	14.50%	—	—	—
	12.00%	11.40%	6.30%	35.80%	5.40%	—
	1.04%	31.60%	-46.10%	93.20%	25.00%	—
	—	15.18	140.65	—	—	—
	—	1.06	1.63	—	—	—
	—	0.00	0.01	—	—	—
	—	-304.26	-304.46	—	—	—
	—	20.8	24.7	—	—	—
Balance sheet
	—	4,265	3,706	—	—	—
	—	3,179	3,012	—	—	—
	—	308.07	318.45	—	—	—
	—	733.49	784.95	—	—	—
	—	342.23	339.20	—	—	—
	—	1,265	889.28	—	—	—
	—	532.37	359.12	—	—	—
	—	814.88	847.17	—	—	—
	—	1,679	1,419	—	—	—
	—	3.81	13.99	—	—	—
	—	2.03	10.76	—	—	—
	—	1.78	3.23	—	—	—
	—	2,059	1,798	—	—	—
Cash flow
	—	281.13	329.43	—	—	—
	—	-257.22	-323.04	—	—	—
	—	-34.29	-52.44	—	—	—
	—	265.95	188.78	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1,126	1,322	1,061	2,182	1,005	1,216	951.96	1,011	919.35	1,164	1,026	901.55
	15.73	25.44	15.21	30.85	15.86	18.03	14.86	11.71	10.78	12.35	9.02	8.46
	1,142	1,348	1,076	2,213	1,021	1,234	966.82	1,023	930.12	1,176	1,036	910.01
	1,126	1,240	1,002	2,037	951.27	1,122	900.13	970.68	888.66	1,102	940.47	835.82
	524.75	592.21	398.78	476.28	427.15	544.34	417.93	431.90	404.73	567.29	494.26	421.41
	0.00	80.78	0.00	0.00	0.00	81.51	—	—	—	—	—	—
	120.04	112.26	115.79	120.75	91.12	93.16	88.53	89.00	80.90	75.39	72.23	68.80
	16.45	12.31	11.37	14.87	11.94	12.83	14.55	16.00	14.75	13.55	12.26	11.48
	32.18	28.78	26.15	22.31	20.74	17.07	17.98	16.57	15.01	28.93	13.58	12.57
	432.78	413.45	450.11	451.71	400.33	27.26	18.11	16.84	23.11	20.20	14.62	13.68
	15.35	107.96	73.73	175.84	69.47	111.74	66.69	52.51	41.46	74.13	95.03	74.19
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	194.97	—	—
	15.35	107.96	73.73	175.84	69.47	111.74	66.69	52.51	41.46	269.10	95.03	74.19
	3.93	27.82	19.71	45.67	18.35	28.58	17.30	14.15	10.86	69.25	24.37	18.89
	11.42	80.14	54.02	130.16	51.11	83.17	49.39	38.36	30.60	199.85	70.66	55.30
	1.70	23.92	8.06	11.80	7.63	12.41	7.37	5.73	—	29.83	—	8.26
Key metrics
	63.98	149.05	111.25	213.02	102.15	141.64	99.22	85.08	71.22	311.58	120.87	98.24
	5.70%	11.30%	10.50%	9.80%	10.20%	11.60%	10.40%	8.40%	7.70%	26.80%	11.80%	10.90%
	1.00%	6.10%	5.10%	6.00%	5.10%	6.80%	5.20%	3.80%	3.30%	17.20%	6.90%	6.10%
	—	4.60%	—	7.70%	—	5.40%	—	—	—	—	—	—
	12.00%	8.80%	11.40%	115.70%	9.30%	4.50%	-7.30%	12.20%	—	—	—	—
	-77.70%	-3.60%	9.40%	239.30%	67.00%	-58.40%	-30.10%	-30.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	5,691	4,565	4,099	3,855	2,838	2,692
	87.23	71.50	55.38	36.64	29.52	29.14
	5,778	4,637	4,154	3,892	2,868	2,722
	5,405	4,279	3,882	3,582	2,606	2,513
	1,992	1,894	1,799	1,839	1,361	1,239
	80.78	301.89	298.58	—	—	—
	468.84	439.92	351.59	282.39	200.01	187.87
	55.00	50.49	58.14	48.13	33.08	43.73
	109.42	97.98	66.63	66.86	38.77	33.58
	1,748	1,494	85.33	60.77	47.62	47.65
	372.88	357.52	272.40	310.20	261.84	208.44
	0.00	0.00	0.00	194.97	—	—
	372.88	357.52	272.40	505.17	261.84	208.44
	97.13	93.20	70.89	129.62	67.68	53.18
	275.74	264.32	201.51	375.55	194.16	155.26
	45.48	78.92	30.08	56.06	—	—
Key metrics
	537.30	505.99	397.17	620.16	333.69	285.75
	9.44%	11.10%	9.70%	16.10%	11.80%	10.60%
	4.85%	5.80%	4.90%	9.70%	6.80%	5.80%
	—	15.80%	14.40%	—	—	—
	36.01%	11.40%	6.30%	35.80%	5.40%	—
	24.19%	31.20%	-46.30%	93.40%	25.10%	—
	—	15.33	170.47	—	—	—
	—	1.06	1.78	—	—	—
	—	0.00	0.01	—	—	—
	—	-304.20	-304.25	—	—	—
	—	20.9	24.7	—	—	—
Balance sheet
	—	4,266	3,707	—	—	—
	—	3,179	3,012	—	—	—
	—	308.01	318.24	—	—	—
	—	733.59	785.38	—	—	—
	—	342.23	339.20	—	—	—
	—	1,265	889.28	—	—	—
	—	532.37	359.12	—	—	—
	—	814.88	847.17	—	—	—
	—	1,679	1,419	—	—	—
	—	3.81	13.99	—	—	—
	—	2.03	10.76	—	—	—
	—	1.78	3.23	—	—	—
	—	2,060	1,800	—	—	—
Cash flow
	—	281.28	359.25	—	—	—
	—	-257.22	-323.04	—	—	—
	—	-34.29	52.44	—	—	—
	—	265.95	188.78	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +17.16%
Sales CAGR 5Y: —
Profit CAGR 3Y: +10.83%
Profit CAGR 5Y: —
Sales YoY (TTM): +36.01%
Profit YoY (TTM): +24.19%

Consolidated

Sales CAGR 3Y: +17.16%
Sales CAGR 5Y: —
Profit CAGR 3Y: +11.08%
Profit CAGR 5Y: —
Sales YoY (TTM): +12.00%
Profit YoY (TTM): +1.04%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 55.32%

Holder	Type	Holding	Previous	Change
Sudershan Walia	Promoter	30.53%	—	—
Bikramjit Ahluwalia	Promoter	16.34%	—	—
SBI Infrastructure Fund	Public	8.51%	—	—
Shobhit Uppal	Promoter	6.43%	—	—
Nalanda India Equity Fund Limited	Public	5.46%	—	—
Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small Cap Fund	Public	4.77%	—	—
Dsp Elss Tax Saver Fund	Public	3.64%	—	—
Government Pension Fund Global	Public	2.99%	—	—
Nalanda India Fund Limited	Public	2.48%	—	—
Rachna Uppal	Promoter	1.83%	—	—
Canara Robeco Mutual Fund A/C Canara Robeco Small Cap Fund	Public	1.16%	—	—
Rohini Ahluwalia	Promoter	0.05%	—	—
Mukta Ahluwalia	Promoter	0.05%	—	—
Vikas Ahluwalia	Promoter	0.05%	—	—
Tidal Securities Private Limited	Promoter Group	0.04%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Larsen & Toubro Limited	5,41,567	3,936.05	25.92	13.20%	+11.15% TTM	+9.38% TTM	+0.38%
Rail Vikas Nigam Limited	39,866	191.20	44.50	10.30%	+5.40% TTM	-24.84% TTM	-41.30%
Cemindia Projects Limited	24,136	1,308.75	40.12	40.00%	+10.02% TTM	+46.60% TTM	+51.63%
KALPATARU PROJECTS INTERNATIONAL LIMITED	23,312	1,365.10	20.66	20.50%	+14.56% TTM	+61.94% TTM	+3.93%
NBCC (India) Limited	21,006	77.80	27.44	29.70%	+3.51% TTM	+30.78% TTM	-31.72%
IRB Infrastructure Developers Limited	20,303	16.81	21.28	6.00%	-2.20% TTM	-85.42% TTM	-24.80%
Engineers India Ltd.	16,901	300.70	18.83	26.60%	+6.00% TTM	+66.97% TTM	+52.21%
Techno Electric & Engineering Company Limited	10,302	885.80	23.90	12.80%	+38.72% TTM	-6.49% TTM	-32.09%
IRCON International Ltd	9,717	103.32	20.09	7.30%	-2.58% TTM	-19.18% TTM	-38.54%
RITES Limited	9,470	197.05	20.53	18.30%	+10.59% TTM	-0.32% TTM	-20.93%
Welspun Enterprises Limited	9,395	678.75	27.00	14.60%	+0.63% TTM	+0.78% TTM	+20.42%
KEC International Ltd.	8,554	321.35	20.24	20.30%	-1.94% TTM	-38.14% TTM	-60.26%
Afcons Infrastructure Limited	7,768	211.20	54.08	11.60%	-11.87% TTM	-73.03% TTM	-52.52%
NCC Limited	7,616	121.30	10.18	17.50%	-1.81% TTM	-12.01% TTM	-41.04%
G R Infraprojects Limited	7,422	767.10	7.31	12.50%	+25.06% TTM	-7.95% TTM	-33.27%
Power Mech Projects Limited	7,111	2,249.10	16.91	21.20%	+15.79% TTM	+14.76% TTM	-8.84%
Ceigall India Limited	6,957	399.35	21.65	17.60%	+20.31% TTM	+23.56% TTM	+60.28%
ISGEC Heavy Engineering Limited	6,942	944.10	27.43	10.50%	+21.43% TTM	+17.19% TTM	+7.10%
Dilip Buildcon Limited	6,485	399.20	5.17	22.20%	-18.82% TTM	+29.15% TTM	-21.95%
Hindustan Construction Co. Ltd.	4,904	18.72	29.56	17.20%	-20.64% TTM	+0.03% TTM	—
LCC PROJECTS LIMITED	3,925	135.50	13.85 FY26	—	+23.37% FY26	+28.09% FY26	—
Ahluwalia Contracts (India) Ltd	3,555	530.75	15.80	15.80%	+12.00% TTM	+1.04% TTM	-42.18%
STERLING AND WILSON RENEWABLE ENERGY LIMITED	3,509	150.25	16.46	-9.60%	-9.04% TTM	+158.14% TTM	-36.00%
PNC Infratech Limited	3,293	128.35	5.22	13.50%	+1.82% TTM	-21.49% TTM	-54.49%
Vindhya Telelinks Ltd.	3,242	2,735.95	13.67	4.00%	-17.53% TTM	+2.25% TTM	+99.79%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

The Company Distributed the Dividend on 09-10-2026 to all eligible shareholders whose name appears in the Company Record on 22-09-2026 which was cut-off date (Record Date) for the FY 2025-26 ....17 Oct 2026 · Company Update / General
Compliance under DP Regulation 74_5 of SEBI as on Q2 30-09-202615 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Construction of Bennett University Building - Awards Rs. 310 Crores14 Oct 2026 · Company Update / Award of Order / Receipt of Order
Closure of Trading Window for Q2 Financial Results for the FY 2026-2730 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Voting Results for 47th Annual General Meeting held on 29-09-2026 at 12.30 p.m.30 Sep 2026 · AGM/EGM / AGM
47th AGM Proceedings (29-09-2026)29 Sep 2026 · AGM/EGM / AGM
47th AGM Notice Published with FE and Jansatta on - 06-09-20267 Sep 2026 · AGM/EGM / AGM
47th Annual Report for the FY 2025-263 Sep 2026 · Others / Reg. 34 (1) Annual Report
47th AGM Through VC on 29-09-20263 Sep 2026 · AGM/EGM / AGM
47th Annual General Meeting will be held on 20-09-2026 at 12.30 p.m. of Ahluwalia Contracts (India) Ltd through VC3 Sep 2026 · AGM/EGM / AGM
BRSR for the FY 2025-263 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Transcript of Investor Meet on 17-08-2026 at 4.00 pm20 Aug 2026 · Company Update / Analyst / Investor Meet
Investor Meeting Audio Link17 Aug 2026 · Company Update / Analyst / Investor Meet
Record date for 47th AGM and Payment of Dividend on 22-09-2026 Book Closure 23-09-2026 to 29-09-202617 Aug 2026 · Corp Action / Dividend/AGM
News Paper Cutting17 Aug 2026 · Company Update / General
Investor Presentation for the FY 2026-27 Q1 Financial Results17 Aug 2026 · Company Update / Analyst / Investor Meet
Outcome of Board Meeting on 14-08-202614 Aug 2026 · Result / Financial Results
Approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2026 along with the Limited Review Report from the Statutory Auditors ....14 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation for Board Meeting Notice Published in FE and Jansatta on 08-08-20268 Aug 2026 · Company Update / General
Intimation for Investor Meeting on 17-08-20268 Aug 2026 · Company Update / Analyst / Investor Meet
Ahluwalia Contracts (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve Notice is hereby ....7 Aug 2026 · Board Meeting / Board Meeting
Compliance under Regulation 74_5 as on 30-06-20268 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window for the un-audited financial Results for the Q1 ended 30-06-202629 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Revised due to some clerical error11 Jun 2026 · Result / Financial Results
Revised outcome11 Jun 2026 · Company Update / Revision of outcome
Out-Come of Board Meeting Held on 30-05-2026 which was filled with exchanges, Refile with BSE Portal again with all Reports10 Jun 2026 · Company Update / Meeting Updates
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Please find enclosed Transcript of Analyst /Institutional ....5 Jun 2026 · Company Update / Analyst / Investor Meet
Published News Paper cutting for the FY 2025-262 Jun 2026 · Company Update / General
Published Financial Results for the FY 2025-26 Audited2 Jun 2026 · Company Update / General
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed out-come of Analyst/ Institutional ....2 Jun 2026 · Company Update / Analyst / Investor Meet
Investor Presentation for Investor Meeting for the FY 2025-261 Jun 2026 · Company Update / Analyst / Investor Meet
Financial Results30 May 2026 · Result / Financial Results
The Statement of Audited Financial Results and Financial Statements (Standalone & Consolidated) of the Company for the Fourth Quarter and Financial Year ended March 31, 2026 along with ....30 May 2026 · Board Meeting / Outcome of Board Meeting
Intimation for Investor Meeting for the Quarter and year ended 31-03-2026 (Financial Results)26 May 2026 · Company Update / Analyst / Investor Meet
Annual Secretarial Compliance Report as on 31-03-202626 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
News Paper Cutting for Board Meeting Notice21 May 2026 · Company Update / Meeting Updates
Ahluwalia Contracts (India) Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve Pursuant to the ....20 May 2026 · Board Meeting / Board Meeting
Published News for Special Window Open for Share Transfer Re-Lodgment on 24-04-2026 in FE (English) and Jansatta (Hindi)24 Apr 2026 · Company Update / General
SEBI Letter dated 09-07-2024 Reply to NSE on 12-07-2024 But Missed with BSE7 Apr 2026 · Company Update / General
CARE RATING FOR THE FY 2024-25 AUDITED AND THE Q3 NINE MONTHS ENDED FY 2026 LIMITED REVIEWED7 Apr 2026 · Company Update / Credit Rating

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.7000	22 Sep 2026	22 Sep 2026	—
Final Dividend - Rs. - 0.6000	22 Sep 2025	22 Sep 2025	—
Final Dividend - Rs. - 0.5000	20 Sep 2024	—	—

Board meetings

14 Aug 2026 Board Meeting - Financial Results