Ahlada Engineers Limited (IN:AHLADA)
:AHLADA
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Ahlada Engineers Limited
(AHLADA)
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Rating:52Neutral
Price Target:
₹36.00
▼(-24.10% Downside)
Action:ReiteratedDate:04/02/26
Overall score is held back by weak technicals (price below all major moving averages, bearish MACD) and a high P/E multiple. Financials are mixed, supported by low leverage and strong cash conversion, but pressured by a steep revenue decline and thin net margins.
Positive Factors
Conservative Leverage
A low debt-to-equity ratio (0.26) reduces financial risk and preserves balance sheet flexibility. Over the next 2-6 months this supports the company's ability to fund working capital, absorb project timing shocks, and pursue selective capex or order fulfilment without straining liquidity.
Negative Factors
Steep Revenue Decline
A sustained large revenue drop compresses operating leverage and jeopardizes fixed-cost coverage. If order volumes or project wins do not recover, the firm faces pressure to restore scale, which can take multiple quarters given construction project cycles and could limit investment in growth initiatives.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Leverage
A low debt-to-equity ratio (0.26) reduces financial risk and preserves balance sheet flexibility. Over the next 2-6 months this supports the company's ability to fund working capital, absorb project timing shocks, and pursue selective capex or order fulfilment without straining liquidity.
Read all positive factors
Ahlada Engineers Limited (AHLADA) vs. iShares MSCI India ETF (INDA)
Market Cap
₹450.17M
Dividend Yield3.19%
Average Volume (3M)32.59K
Price to Earnings (P/E)78.9
Beta (1Y)0.58
Revenue Growth-46.84%
EPS Growth-79.85%
CountryIN
Employees188
SectorServices
Sector StrengthN/A
IndustryConstruction
Share Statistics
EPS (TTM)0.15
Shares Outstanding12,921,000
10 Day Avg. Volume17,384
30 Day Avg. Volume32,585
Financial Highlights & Ratios
PEG Ratio-0.28
Price to Book (P/B)0.54
Price to Sales (P/S)0.57
P/FCF Ratio5.59
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Ahlada Engineers Limited Business Overview & Revenue Model
Company Description
Ahlada Engineers Limited manufactures and sells steel doors and windows in India. It offers steel doors, including residential and commercial doors; and steel windows, such as single and double rebate windows. The company also manufactures and sel...
How the Company Makes Money
Ahlada Engineers Limited primarily makes money by manufacturing and selling engineered door solutions and related building products to customers in the construction and infrastructure ecosystem. Revenue is generated through (i) product sales of sp...
Ahlada Engineers Limited Financial Statement Overview
Summary
Income Statement
55
Neutral
Balance Sheet
65
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 880.81M | 1.32B | 2.60B | 1.58B | 1.52B | 1.59B |
| Gross Profit | 240.72M | 488.11M | 362.38M | 625.38M | 231.21M | 500.99M |
| EBITDA | 140.55M | 212.23M | 367.80M | 254.95M | 268.14M | 297.08M |
| Net Income | 17.60M | 37.06M | 136.49M | 50.94M | 51.83M | 101.88M |
Balance Sheet | ||||||
| Total Assets | 2.17B | 2.12B | 2.29B | 1.98B | 1.84B | 2.33B |
| Cash, Cash Equivalents and Short-Term Investments | 29.41M | 25.15M | 24.89M | 753.00K | 873.00K | 55.57M |
| Total Debt | 372.75M | 357.58M | 429.25M | 323.49M | 310.60M | 598.02M |
| Total Liabilities | 785.46M | 724.80M | 913.75M | 722.37M | 616.28M | 1.14B |
| Stockholders Equity | 1.38B | 1.39B | 1.38B | 1.26B | 1.22B | 1.19B |
Cash Flow | ||||||
| Free Cash Flow | 9.76M | 135.55M | -39.26M | 39.22M | 350.11M | -144.03M |
| Operating Cash Flow | 33.14M | 135.93M | -2.02M | 81.63M | 363.12M | -21.19M |
| Investing Cash Flow | -27.64M | 5.67M | -36.49M | -39.23M | -13.40M | -169.47M |
| Financing Cash Flow | -5.50M | -141.56M | 40.44M | -42.58M | -350.66M | 191.44M |
Ahlada Engineers Limited Technical Analysis
Negative
47.43
Price Trends
45.17
Negative
48.57
Negative
55.12
Negative
Market Momentum
-3.01
Positive
35.45
Neutral
28.05
Neutral
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 47.43 is above the 20-day moving average (MA) of 38.98, above the 50-day MA of 45.17, and below the 200-day MA of 55.12, indicating a bearish trend. The MACD of -3.01 indicates Positive momentum. The RSI at 35.45 is Neutral, neither overbought nor oversold. The STOCH value of 28.05 is Neutral, 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
59 Neutral | ₹1.31B | 87.13 | ― | 0.37% | 42.23% | -50.43% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
52 Neutral | ₹450.17M | 78.91 | ― | 3.19% | -46.84% | -79.85% | |
50 Neutral | ₹281.24M | -0.96 | ― | ― | -38.18% | -174.01% | |
41 Neutral | ₹342.17M | 28.20 | ― | ― | 27.73% | ― | |
40 Underperform | ₹251.97M | -8.71 | ― | ― | ― | ― |
* Services Sector Average
IN:AHLADA
Ahlada Engineers Limited
34.84
-19.79
-36.23%
IN:AISL
ANI Integrated Services Ltd.
54.15
-53.85
-49.86%
IN:HPIL
Hindprakash Industries Ltd.
115.00
-6.10
-5.04%
IN:INFOMEDIA
Infomedia Press Ltd.
5.02
-1.11
-18.11%
IN:MANUGRAPH
Manugraph India Limited
11.25
-4.86
-30.17%
IN:PNC
Pritish Nandy Communications Limited
19.44
-5.87
-23.19%
Ahlada Engineers Limited Corporate Events
Ahlada Engineers Cites Non-Applicability of SEBI Demat Compliance Rule for Q3 FY2025
Jan 13, 2026
Ahlada Engineers Limited has disclosed that, for the quarter ended 31 December 2025, Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 is not applicable to the company. Its registrar and share transfer agent, Bigshare ...
Ahlada Engineers Denies Any Undisclosed Developments Behind Share Price Surge
Jan 12, 2026
Ahlada Engineers Limited has responded to a query from the National Stock Exchange of India regarding a significant movement in its share price, stating that the change in price and trading volume is purely market driven. The company said it is no...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.