āagman

Not investment advice. Data and computed figures, for information only.

Ahluwalia Contracts (India) Ltd

NSE: AHLUCONT
₹555.00
−₹8.25 (−1.46%)
NSE · 16 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹3,922 Cr
CMP
₹555.00
52-wk High / Low
₹1,078 / 541
P/E
17.4
P/B
1.9
Book Value
₹308.0
Div Yield
0.12%
ROCE
20.0%
ROE
13.8%
Face Value
₹2
D/E
0.04

Price−42.8% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 16 Oct 2026
How we compute these
Piotroski F-Score
7
/ 9
7 of 9 F-score tests passed
Graham Number
₹524
√(22.5 × EPS × book value per share)
ROIC
11.7%
vs 11.1% sector median
Cash flow to profit
1.06
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−438
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
13.5%
ROE × earnings retention ratio
ROE stability
4.2
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.31DII +0.00
Latest quarter vs the previous one
Cash-accrual divergence
−0.4%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 48.6% since FY2016 (142 to 73)
+FII holding rose by 2.6pp over the last year
+Piotroski F-Score of 7/9 is in the strong band (≥7)
+PE of 17.4x is below the sector median of 21x
Watch-outs
−Price trades below its 200-day moving average (0.7x)
−Price is 48.5% below its 52-week high

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7649021,0261,1649191,0119521,2161,0051,1771,0611,3221,126
Expenses6818129151,0598599388681,0929191,0499651,1991,079
Operating Profit8390112104607384124861289612447
OPM %10.9%10.0%10.9%8.9%6.5%7.2%8.8%10.2%8.6%10.9%9.0%9.4%4.2%
Other Income789207111215181615152716
Interest11111214151615131215111216
Depreciation12131429151718172122262932
Profit before tax677495269415367112701067411014
Net Profit505571200313850835179548210
EPS (₹)7.428.2210.5529.834.565.737.3912.447.6411.738.0712.241.55

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,0601,2501,4271,6471,7551,8851,9822,6922,8383,8554,0994,5654,686
Expenses9451,0891,2541,4271,5381,7321,8282,4352,5343,4673,7574,1304,291
Operating Profit115161173219216153154257304388342435395
OPM %10.8%12.9%12.1%13.3%12.3%8.1%7.8%9.5%10.7%10.1%8.3%9.5%8.4%
Other Income1113861010222830232567373
Interest39352725193543443348585055
Depreciation212024262832303439676798109
Profit before tax6711913117517997103208262504273359304
Net Profit6484861151176477155194375202266225
EPS (₹)9.5612.6012.8417.2317.519.6111.5223.1728.9655.9630.1739.6933.59

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital131313131313131313131313—
Reserves3244094956087247898651,0221,2151,5871,7852,046—
Borrowings173142903061916854581057673—
Other Liabilities5325936376016898681,1149571,2071,4901,8312,133—
Total Liabilities1,0421,1571,2351,2521,4881,7622,0612,0462,4933,1953,7064,266—
Fixed Assets121118198190191226235228293337456634—
CWIP798510000017126—
Investments000000000000—
Other Assets8419541,0361,0621,2961,5351,8261,8182,1992,8513,2383,626—
Total Assets1,0421,1571,2351,2521,4881,7622,0612,0462,4933,1953,7064,266—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity9377126818611025966301257359281
Cash from Investing Activity21−25−9−20−43−46−48−101−166−310−323−257
Cash from Financing Activity−98−57−70−7019−36−51−44−1621−52−34
Net Cash Flow16−648−86227160−79120−31−16−10

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %22.029.027.032.027.016.016.025.025.024.018.020.0
ROE %———————————13.8
EPS (₹)9.5612.6012.8417.2317.519.6111.5223.1728.9655.9630.1739.69
Book Value (₹)———————————308.0
Face Value (₹)———————————2
P/E———————————17.4
Div Yield %———————————0.12
NPM %6.06.76.07.06.63.43.85.76.89.24.95.7
OPM %11.013.012.013.012.08.08.010.011.010.08.010.0
D/E0.510.340.180.050.080.110.080.050.050.070.040.04
P/B———————————1.9

Growth

As of 27 Sep 2026
Compounded sales growth
10 years+14.0%
5 years+18.0%
3 years+17.0%
TTM+12.0%
Compounded profit growth
10 years+12.0%
5 years+28.0%
3 years+11.0%
TTM+1.0%
Stock price CAGR
10 years+7.0%
5 years+10.0%
3 years−7.0%
Last year−40.0%
Return on equity
10 years14.0%
5 years15.0%
3 years14.0%
Last year14.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters59.56%59.56%57.96%57.96%58.00%58.00%55.32%55.32%55.32%55.32%55.32%55.32%
FIIs19.45%19.45%20.28%16.85%15.52%11.98%12.31%11.50%13.32%12.07%13.74%14.05%
DIIs14.56%14.56%15.79%20.91%23.27%26.15%27.81%27.97%26.04%24.33%22.32%22.32%
Government————————————
Public6.43%6.43%5.98%4.28%3.20%3.86%4.56%5.21%5.32%8.27%8.61%8.32%
No. of shareholders6,5806,5806,8886,3425,5498,86710,18611,09719,87638,98636,49834,624
Change since Jun 2023 (pp)
Promoters −4.24FIIs −5.40DIIs +7.76Public +1.89

Documents

As of 27 Sep 2026
Announcements
Compliance With Regulation 47 Of The SEBI (LODR), Regulations 2015 As Amended Ref.: Advertisement- Notice Of 47Th Annual General MeetingReg. 34 (1) Annual Report.47Th Annual General Meeting Held On 29-09-2026 At 12.30 P.M.47Th Annual General Meeting Of The Company Will Be Held On Tuesday, 29Th Day Of September, 2026 At 12.30 P.M.Business Responsibility and Sustainability Reporting (BRSR)
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingJun 2026TranscriptJun 2026PPTFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingFeb 2026PPTNov 2025TranscriptNov 2025PPT

Corporate actions

As of 22 Sep 2026
22 Sep 2026DIVIDENDDividend - Re 0.70 Per Share—
22 Sep 2025DIVIDENDDividend - Re 0.60 Per Share—
20 Sep 2024DIVIDENDAnnual General Meeting/Dividend - Rs 0.50 Per Share—
22 Sep 2023DIVIDENDAnnual General Meeting/Dividend - Re 0.40 Per Share—
20 Sep 2022DIVIDENDAnnual General Meeting/Dividend - Re 0.30 Per Share—
17 Sep 2019DIVIDEND Annual General Meeting/Dividend - Rs 0.30 Per Share—
12 Sep 2018DIVIDEND Annual General Meeting/Dividend Re 0.30 Per Share—
15 Sep 2011DIVIDENDAnnual General Meeting And Dividend Re.0.40 Per Share—
8 Sep 2010DIVIDENDAnnual General Meeting And Dividend Re.0.80 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman