Ahluwalia Contracts (India) Limited (AHLUCONT) AI Stock Analysis

• Market Cap: ₹63.32B
• Dividend Yield: 0.06%
• Average Volume (3M): 2.24K
• Price to Earnings (P/E): 28.4
• Beta (1Y): 1.52
• Revenue Growth: 4.32%
• EPS Growth: -37.38%
• Country: IN
• Employees: 2,995
• Sector: Services
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 7.60
• Shares Outstanding: 66,987,560
• 10 Day Avg. Volume: 1,837
• 30 Day Avg. Volume: 2,243
• PEG Ratio: -0.60
• Price to Book (P/B): 3.09
• Price to Sales (P/S): 1.36
• P/FCF Ratio: 32.58
• 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: ₹1,058.00
• Price Target Upside: 11.93% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 69 Neutral
• Price Target: ₹1,058.00 ▲(11.93% Upside)

Ahluwalia Contracts scores well due to its strong financial performance, characterized by consistent revenue growth and a robust balance sheet. However, the technical analysis indicates mixed signals, and the valuation suggests the stock may be overvalued, which tempers the overall score.

Ahluwalia Contracts (India) Limited Business Overview & Revenue Model

Company Description

Ahluwalia Contracts (India) Limited, together with its subsidiaries, operates as a construction company in India. The company operates through Construction Contract, Lease Rental, and Others segments. Its project portfolio includes residential and commercial properties, institutional properties, corporate offices, power plants, hospitals, hotels, IT parks, metro stations and depots, automated car parking lots, and other properties caters to government and private clients. The company also leases a commercial complex; and trades in real estate properties. Ahluwalia Contracts (India) Limited was founded in 1965 and is based in New Delhi, India.

How the Company Makes Money

Ahluwalia Contracts (India) Limited makes money through its core operations in the construction and infrastructure development sectors. The company's revenue model is primarily based on contract-based projects for residential, commercial, and institutional buildings. It earns revenue by securing contracts from both private and public sector clients to design, build, and manage construction projects. Key revenue streams include payments for construction services, project management fees, and potentially long-term maintenance contracts. Strategic partnerships with government bodies and private developers can also play a significant role in securing large-scale projects, contributing significantly to its earnings.

Ahluwalia Contracts (India) Limited Financial Statement Overview

Summary

Ahluwalia Contracts demonstrates strong financial performance with consistent revenue growth, stable profitability margins, and a robust balance sheet with low leverage. Cash flow management is effective, though there are some fluctuations in free cash flow.

Income Statement

Ahluwalia Contracts has shown strong revenue growth over the past few years, with a consistent increase in gross and net profit margins. The TTM gross profit margin is approximately 19.0%, up from previous years, indicating efficient cost management. Net profit margin stands at roughly 4.9%, which is a positive trend despite a decrease in net income in the most recent period. EBIT and EBITDA margins have remained stable, reflecting operational efficiency.

Balance Sheet

The company's balance sheet is robust with a low debt-to-equity ratio, indicating minimal leverage, which reduces financial risk. The stockholders' equity has been increasing, and the equity ratio is healthy at around 48.5%, indicating strong financial stability. However, a slight increase in total liabilities over recent years suggests caution for future leverage.

Cash Flow

Operating cash flow has improved significantly, showing a healthy cash conversion cycle. The free cash flow has grown, but with fluctuations, reflecting variability in capital expenditures. The operating cash flow to net income ratio is strong, indicating efficient cash management, although free cash flow to net income has seen some inconsistencies.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	41.84B	40.99B	38.37B	28.05B	26.71B	19.66B
Gross Profit	8.13B	7.79B	7.14B	5.18B	4.71B	3.80B
EBITDA	4.29B	3.98B	6.05B	3.33B	2.74B	1.64B
Net Income	2.23B	2.02B	3.75B	1.94B	1.55B	772.00M
Balance Sheet
Total Assets	0.00	37.06B	31.95B	24.93B	20.46B	20.61B
Cash, Cash Equivalents and Short-Term Investments	9.64B	9.98B	7.80B	4.25B	4.33B	4.18B
Total Debt	0.00	761.32M	1.05B	577.98M	539.28M	677.24M
Total Liabilities	-17.98B	19.07B	15.95B	12.65B	10.11B	11.82B
Stockholders Equity	17.98B	17.98B	16.00B	12.28B	10.35B	8.79B
Cash Flow
Free Cash Flow	0.00	1.71B	1.43B	1.95B	376.66M	2.23B
Operating Cash Flow	0.00	3.59B	2.57B	3.01B	657.49M	2.59B
Investing Cash Flow	0.00	-3.23B	-3.10B	-1.66B	-1.01B	-478.63M
Financing Cash Flow	0.00	-524.36M	207.16M	-160.50M	-441.90M	-507.22M

Ahluwalia Contracts (India) Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 945.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AHLUCONT, the sentiment is Negative. The current price of 945.2 is below the 20-day moving average (MA) of 978.34, below the 50-day MA of 958.07, and above the 200-day MA of 897.27, indicating a neutral trend. The MACD of -4.79 indicates Positive momentum. The RSI at 43.50 is Neutral, neither overbought nor oversold. The STOCH value of 23.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:AHLUCONT.

Ahluwalia Contracts (India) Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ASHOKA	74 Outperform	₹53.72B	3.03	―	―	-8.43%	184.27%
JKIL	74 Outperform	₹47.03B	11.54	―	0.64%	17.23%	18.23%
RPPINFRA	72 Outperform	₹5.95B	8.29	―	0.41%	-0.58%	-12.30%
AHLUCONT	69 Neutral	₹63.32B	28.43	―	0.06%	4.32%	-37.38%
RAMKY	67 Neutral	₹44.47B	21.93	―	―	-14.64%	-25.44%
CAPACITE	64 Neutral	₹23.44B	11.77	―	―	14.40%	20.33%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

Ahluwalia Contracts (India) Limited Corporate Events

Ahluwalia Contracts Releases Q1 Financial Results for FY 2025-26

Ahluwalia Contracts (India) Limited has released its un-audited financial results for the first quarter of the fiscal year 2025-26. The results, published in Financial Express and Jansatta, provide insights into the company’s financial performance and compliance with SEBI Listing Regulations, potentially impacting its market positioning and stakeholder confidence.