| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 1,126 | 1,005 | +12.0% |
| EBITDA | 48.3 | 86.3 | −44.1% |
| EBITDA margin | 4.3% | 8.6% | −4.3 pts |
| Profit before tax | 15.4 | 69.5 | −77.8% |
| Net profit | 10.4 | 51.2 | −79.7% |
| EPS | ₹3.10 | ₹7.64 | −59.4% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 3,557 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 308 | 308 | 318 | 335 | 366 | ||
| 3.8 | 3.8 | 14.0 | 45.0 | 2.7 | ||
| 3,252 | — | — | — | — | ||
| 4,686 | 4,565 | 4,099 | 3,855 | 2,838 | ||
| — | +11.4% | +6.3% | +35.8% | — | ||
| 397 | 435 | 342 | 388 | 304 | ||
| 8.5% | 9.5% | 8.3% | 10.1% | 10.7% | ||
| 287 | 337 | 275 | 322 | 265 | ||
| 225 | 266 | 202 | 375 | 194 | ||
| 4.8% | 5.8% | 4.9% | 9.7% | 6.8% | ||
| ₹33.59 | ₹39.69 | ₹30.17 | ₹55.95 | ₹28.96 | ||
| — | +31.6% | −46.1% | +93.2% | — | ||
| — | 281 | 329 | 257 | 301 | ||
| — | −266 | −189 | −114 | −106 | ||
| 15.2 | 15.2 | 141 | 143 | 195 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 3,556.7 | |
| - Cash, Equiv & ST Investments | 365.9 | 334.5 | 318.5 | 308.1 | 308.1 | |
| + Total Debt | 2.7 | 45.0 | 14.0 | 3.8 | 3.8 | |
| Enterprise Value | — | — | — | — | 3,252.4 | |
| Revenue | 2,838.4 | 3,855.3 | 4,098.6 | 4,565.2 | 4,686.1 | |
| Growth %, YoY | — | +35.8 | +6.3 | +11.4 | — | |
| EBITDA | 304.1 | 388.5 | 342.0 | 434.7 | 396.7 | |
| Margin % | 10.71 | 10.08 | 8.34 | 9.52 | 8.47 | |
| EBIT | 265.4 | 321.6 | 275.4 | 336.7 | 287.3 | |
| Net Income | 194.0 | 374.8 | 202.1 | 265.9 | 225.0 | |
| Margin % | 6.83 | 9.72 | 4.93 | 5.82 | 4.80 | |
| EPS, Adj (current shares) | 28.96 | 55.95 | 30.17 | 39.69 | 33.59 | |
| Growth %, YoY | — | +93.2 | -46.1 | +31.6 | — | |
| Cash from Operations | 301.3 | 257.5 | 329.4 | 281.1 | — | |
| Capital Expenditures | -106.1 | -114.4 | -188.8 | -266.0 | — | |
| Free Cash Flow | 195.2 | 143.1 | 140.6 | 15.2 | 15.2 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Ahluwalia Contracts (NSE: AHLUCONT) had a market capitalisation of ₹3,564 crore at the 29 October 2026 close (₹532.10 a share), a PE ratio of 15.8 on the last four quarters' profit and a price-to-book ratio of 1.73. In FY26 its consolidated net profit was ₹266 crore on revenue of ₹4,565 crore; in Q1 FY27 (April–June 2026) it was ₹10.4 crore, down 79.7% year on year. Its debt-to-equity ratio was 0.00 on 31 March 2026. Promoters held 55.32% of the shares on 30 September 2026.
Ahluwalia Contracts' PE ratio is 15.8 at the 29 October 2026 close (₹532.10 a share): a market capitalisation of ₹3,564 crore divided by consolidated net profit of ₹225 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹266 crore) it is 13.4.
Ahluwalia Contracts' net worth — shareholders' equity in its consolidated balance sheet — was ₹2,059 crore on 31 March 2026, up 14.5% from ₹1,798 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹3,564 crore at the 29 October 2026 close.
Ahluwalia Contracts' book value per share was ₹307.36 on 31 March 2026: shareholders' equity of ₹2,059 crore divided by the 6.7 crore shares in issue, up 14.5% from ₹268.48 a year earlier. The share price at the 29 October 2026 close was ₹532.10.
Ahluwalia Contracts' price-to-book (PB) ratio is 1.73 at the 29 October 2026 close: a market capitalisation of ₹3,564 crore divided by shareholders' equity (book value) of ₹2,059 crore on 31 March 2026. That is a book value of ₹307.36 per share against a share price of ₹532.10.
In FY26, Ahluwalia Contracts' return on equity (ROE) was 13.8% and its return on capital employed (ROCE) was 13.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 11.9% and ROCE 12.9%.
Ahluwalia Contracts' dividend yield is 0.13% at the 29 October 2026 close: dividends of ₹0.70 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹532.10. They were ₹0.70 on 22 September 2026.
Ahluwalia Contracts' market capitalisation was ₹3,564 crore at the 29 October 2026 close: 6.7 crore shares at ₹532.10 each.
Ahluwalia Contracts' basic earnings per share (EPS) were ₹79.38 in FY26. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹47.38.
In 2026, Ahluwalia Contracts has declared one dividend: ₹0.70 with record date 22 September 2026.
No. Ahluwalia Contracts had borrowings of ₹3.8 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.00. Its cash and current investments were ₹817 crore, so it held net cash of ₹814 crore.
Ahluwalia Contracts' debt-to-equity ratio was 0.00 on 31 March 2026: borrowings of ₹3.8 crore against total equity of ₹2,059 crore. A year earlier, on 31 March 2025, it was 0.01.
Ahluwalia Contracts has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
Promoters held 55.32% of Ahluwalia Contracts on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Ahluwalia Contracts generated ₹281 crore of cash from operations and spent ₹266 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹15.2 crore. In FY25 it was ₹141 crore.
Ahluwalia Contracts' latest results are for Q1 FY27 (April–June 2026), filed on 14 August 2026: consolidated net profit ₹10.4 crore, down 79.7% from ₹51.2 crore in Q1 FY26; revenue from operations ₹1,126 crore, up 12.0% year on year.
On 30 September 2026, Ahluwalia Contracts' shares were held by promoters 55.32%, foreign portfolio investors (FII/FPI) 14.02%, domestic institutions (DII) 21.95% (including mutual funds at 21.31%) and retail and other non-institutional investors 8.71%. Over the year, FII holding was up 1.16 percentage points from 12.86% and DII holding was down 1.86 percentage points from 23.81%.
At the 29 October 2026 closing prices, on FY26 net profit, Ahluwalia Contracts' PE ratio is 13.4, the highest of the four: NCC 11.0, Ashoka Buildcon 1.1 and Dilip Buildcon 4.7, a peer average of 5.6. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Ahluwalia Contracts earned net profit of ₹266 crore on revenue of ₹4,565 crore, against ₹675 crore on ₹20,823 crore for NCC. Ahluwalia Contracts' operating margin was 7.4% (NCC 7.7%) and its return on equity 13.8% (NCC 8.9%). At the 29 October 2026 close, Ahluwalia Contracts' market capitalisation was ₹3,564 crore against ₹7,416 crore for NCC, and its PE ratio on FY26 profit 13.4 against 11.0.
In FY26 (April 2025–March 2026), Ahluwalia Contracts' consolidated net profit was ₹266 crore, up 31.6% from ₹202 crore in FY25, on revenue from operations of ₹4,565 crore (up 11.4%). Over three years, from FY23, net profit was up 37.1%.
On FY26 consolidated figures, against NCC, Ashoka Buildcon and Dilip Buildcon: Ahluwalia Contracts' operating margin of 7.4% is the lowest of the four (NCC 7.7%, Ashoka Buildcon 22.9%, Dilip Buildcon 16.3%; peer average 15.6%); its return on equity of 13.8% is the third highest of the four (NCC 8.9%, Ashoka Buildcon 48.6%, Dilip Buildcon 21.9%; peer average 26.5%); its revenue growth over three years of 17.2% a year is the highest of the four (NCC 10.2% a year, Ashoka Buildcon −2.5% a year, Dilip Buildcon −5.5% a year; peer average 0.8% a year).
From Ahluwalia Contracts' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.