Ahlada Engineers Limited (AHLADA) AI Stock Analysis

• Market Cap: ₹769.45M
• Dividend Yield: 3.1%
• Average Volume (3M): 32.59K
• Price to Earnings (P/E): 31.9
• Beta (1Y): 0.81
• Revenue Growth: -46.84%
• EPS Growth: -79.85%
• Country: IN
• Employees: 188
• Sector: Services
• Sector Strength: N/A
• Industry: Construction
• EPS (TTM): 0.34
• Shares Outstanding: 12,921,000
• 10 Day Avg. Volume: 17,384
• 30 Day Avg. Volume: 32,585
• PEG Ratio: -0.28
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 0.57
• P/FCF Ratio: 5.59
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: ₹54.00 ▲(5.88% Upside)

Ahlada Engineers Limited's overall stock score reflects a mixed financial performance with strengths in cash flow management and balance sheet stability, but weaknesses in revenue growth and profitability. The technical analysis indicates bearish momentum, while the valuation suggests potential overvaluation despite a reasonable dividend yield.

Positive Factors

Balance Sheet Stability

Ahlada Engineers Limited's low leverage indicates a conservative financial strategy, providing stability and reducing financial risk over time.

Cash Flow Management

Efficient cash conversion reflects strong cash flow management, ensuring liquidity and the ability to invest in growth opportunities or weather downturns.

Gross Profit Margin

A relatively healthy gross profit margin indicates effective cost management and pricing strategies, supporting long-term profitability and competitive positioning.

Negative Factors

Revenue Growth Challenges

The substantial drop in revenue growth suggests potential market or operational challenges, which could impact future earnings and market share.

Profitability Concerns

Low net profit margins indicate limited profitability, which could constrain reinvestment in business operations and affect long-term growth prospects.

Historical Cash Flow Volatility

Volatile cash flows can lead to unpredictability in financial planning and may hinder the company's ability to consistently fund operations or strategic initiatives.

Ahlada Engineers Limited Business Overview & Revenue Model

Company Description

Ahlada Engineers Limited (AHLADA) is a prominent engineering company specializing in the design, construction, and maintenance of infrastructure projects across various sectors, including civil engineering, environmental engineering, and project management. With a focus on delivering innovative and sustainable solutions, AHLADA offers a range of services such as road construction, water supply systems, and waste management solutions, catering to both public and private sector clients.

How the Company Makes Money

AHLADA generates revenue primarily through project contracts in the engineering and construction sectors. The company secures funding for its projects through competitive bidding processes for government and private contracts, which can include large-scale infrastructure developments. Key revenue streams include fees for engineering design services, construction management, and ongoing maintenance services post-project completion. Additionally, AHLADA may engage in partnerships with local governments and private firms to co-develop projects, which can enhance its earnings potential through shared investment and risk mitigation. Furthermore, the company may also explore opportunities in consultancy services, providing expertise in environmental assessments and project feasibility studies, thereby diversifying its income sources.

Ahlada Engineers Limited Financial Statement Overview

Summary

Ahlada Engineers Limited faces challenges in revenue growth and profitability, as reflected in the income statement. The balance sheet is stable with low leverage, providing a solid foundation. Cash flow metrics indicate strong cash conversion, although historical volatility in cash flows is a concern. Overall, the company exhibits a mixed financial performance with strengths in cash flow management and balance sheet stability, but weaknesses in revenue growth and profitability.

Income Statement

Ahlada Engineers Limited has experienced a significant decline in revenue growth, with a notable decrease of 35.09% in the latest year. The gross profit margin stands at 36.98%, which is relatively healthy, but the net profit margin is low at 2.81%. The EBIT and EBITDA margins are moderate at 8.12% and 16.08%, respectively. Overall, the income statement reflects challenges in revenue growth and profitability.

Balance Sheet

The company maintains a solid debt-to-equity ratio of 0.26, indicating a conservative leverage position. Return on equity is modest at 2.66%, suggesting limited profitability relative to equity. The equity ratio is not explicitly calculated, but the balance sheet shows a stable financial structure with a focus on equity financing.

Cash Flow

Ahlada Engineers Limited has shown a remarkable improvement in free cash flow, with a growth rate labeled as 'Infinity' due to a previous negative base. The operating cash flow to net income ratio is 0.21, indicating moderate cash generation relative to net income. The free cash flow to net income ratio is strong at 0.997, reflecting efficient cash conversion.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.32B	1.32B	2.60B	1.58B	1.52B	1.59B
Gross Profit	435.26M	488.11M	362.38M	625.38M	231.21M	500.99M
EBITDA	213.98M	212.23M	367.80M	254.95M	268.14M	297.08M
Net Income	37.06M	37.06M	136.49M	50.94M	51.83M	101.88M
Balance Sheet
Total Assets	2.12B	2.12B	2.29B	1.98B	1.84B	2.33B
Cash, Cash Equivalents and Short-Term Investments	25.15M	25.15M	24.89M	753.00K	873.00K	55.57M
Total Debt	357.58M	357.58M	429.25M	323.49M	310.60M	598.02M
Total Liabilities	724.79M	724.80M	913.75M	722.37M	616.28M	1.14B
Stockholders Equity	1.39B	1.39B	1.38B	1.26B	1.22B	1.19B
Cash Flow
Free Cash Flow	0.00	135.55M	-39.26M	39.22M	350.11M	-144.03M
Operating Cash Flow	0.00	135.93M	-2.02M	81.63M	363.12M	-21.19M
Investing Cash Flow	0.00	5.67M	-36.49M	-39.23M	-13.40M	-169.47M
Financing Cash Flow	0.00	-141.56M	40.44M	-42.58M	-350.66M	191.44M

Ahlada Engineers Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 51.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AHLADA, the sentiment is Negative. The current price of 51 is below the 20-day moving average (MA) of 54.34, below the 50-day MA of 58.37, and below the 200-day MA of 61.95, indicating a bearish trend. The MACD of -1.94 indicates Positive momentum. The RSI at 26.98 is Positive, neither overbought nor oversold. The STOCH value of 12.05 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:AHLADA.

Ahlada Engineers Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HPIL	59 Neutral	₹1.61B	108.96	―	0.37%	42.23%	-50.43%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
AHLADA	52 Neutral	₹769.45M	31.89	―	3.10%	-46.84%	-79.85%
PNC	46 Neutral	₹437.63M	-61.63	―	―	-38.18%	-174.01%
MANUGRAPH	38 Underperform	₹608.30M	-3.56	―	―	27.73%	―

Ahlada Engineers Limited Corporate Events

Ahlada Engineers Limited Releases Unaudited Financial Results for September 2025

Ahlada Engineers Limited has released its unaudited financial results for the quarter and half-year ending September 30, 2025. The results were published in The South India Times and Sakshyam newspapers, in compliance with SEBI regulations. This announcement reflects the company’s ongoing transparency and adherence to regulatory requirements, potentially impacting its market perception and stakeholder confidence.

Ahlada Engineers Secures Major Furniture Supply Contract in Andhra Pradesh

Ahlada Engineers Limited has secured a contract to supply furniture to ZP High School in Simhadripuram, Andhra Pradesh, awarded by the Chief Engineer of Andhra Pradesh Samgra Shiksha. The contract, valued at approximately INR 47.63 lakh, is expected to be executed within a month, with a bank guarantee required for the defect liability period. This order reinforces Ahlada’s position in the domestic market and highlights its capability to fulfill significant orders within tight deadlines.

Ahlada Engineers Secures Lifting of Machinery Seizure

Ahlada Engineers Limited announced that the Customs Department has lifted the seizure of machinery related to three EPCG licenses, following an extension granted by the DGFT for the export obligation period. This development indicates no financial or operational impact on the company, as it continues to address compliance issues, including a pending court case regarding the seizure.