# Ahluwalia Contracts (India) share price today (Ahluwalia Contracts (India) Ltd, NSE: AHLUCONT)

> Ahluwalia Contracts (India) share price today: ₹532.50 at the NSE close on 3 November 2026, down 44.0% in a year. Ahluwalia Contracts (India) (NSE: AHLUCONT) is worth ₹3,565 crore, trades at a P/E of 15.8 and has closed between ₹527.00 and ₹1,007.10 over the past 52 weeks. > Ahluwalia Contracts (India) Ltd's P/E is near the low end of its own history, higher than only 4% of past readings, and its quarterly results are still getting worse. AHLUCONT · EPC · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/ahluwalia-contracts-indialtd

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## Key numbers

- Business trend: Getting better, from the last 12 quarters
- Price: ₹532.50 (−44.0% in a year)
- P/E: 15.8× (lower than 96% of the last 11 years)
- Revenue (Jun 2026): ₹1,126 Cr (+12.0% on a year ago)
- Profit (Jun 2026): ₹10.0 Cr (−80.4% on a year ago)
- Operating margin: 4.2% (−4.8 points on a year ago)
- ROCE: 20%, FY26
- ROIC: 16.2%, against a 12.0% cost of capital: +4.2 points

The main question: yearly earnings per share moved +31.6% while the share price moved −44.0%. ## What is the Ahluwalia Contracts (India) share price today? Ahluwalia Contracts (India) Ltd's share price was ₹532.50 at the close on 3 November 2026. It has been falling for 40 weeks. That is 28.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹527 and ₹1,007, and at that close it sat 1% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 12 weeks running. Over the last 11 years the share price moved +122% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Ahluwalia Contracts (India) this quarter? Two changes stood out: lowest operating margin in 15 quarters and revenue up on a year earlier for 6 quarters in a row. 1. Lowest operating margin in 15 quarters Operating margin was 4.2% in the June 2026 quarter, against 9% a year earlier. Why: Margins fell because a final bill on the AIIMS Jammu job was cut after the company had spent the money, and pay for workers in the NCR jumped. Next results: check whether client payments for higher labor costs come through and whether margins start to recover. From the earnings call on 17 Aug 2026. 2. Revenue up on a year earlier for 6 quarters in a row In the June 2026 quarter revenue was ₹1,126 crore, +12% on a year earlier. ## What are Ahluwalia Contracts (India)'s latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Ahluwalia Contracts (India) reported revenue of ₹1,126 crore, up 12.0% from ₹1,005 crore a year earlier, and a profit of ₹10.0 crore, down 80.4% from ₹51.0 crore. ### Ahluwalia Contracts (India) results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹1,126 crore | ₹1,005 crore | +12.0% |
| Profit | ₹10.0 crore | ₹51.0 crore | −80.4% |
| Earnings per share | ₹1.55 | ₹7.64 | −79.7% |
| Operating margin | 4.2% | 9.0% | −4.8 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Ahluwalia Contracts (India)'s management discussed these results on a call held on 17 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Ahluwalia Contracts (India) share price history? Ahluwalia Contracts (India) closed at ₹532.50 on 3 November 2026, down 44.0% from ₹950.55 a year earlier (31 October 2025) and up 34.2% over five years. Its highest weekly close since March 2016 was ₹1,470.60 on 12 July 2024. ### Ahluwalia Contracts (India) share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹539.75 | −1.3% |
| 1 month ago · 1 Oct 2026 | ₹556.90 | −4.4% |
| 6 months ago · 30 Apr 2026 | ₹891.00 | −40.2% |
| 1 year ago · 31 Oct 2025 | ₹950.55 | −44.0% |
| 3 years ago · 3 Nov 2023 | ₹679.00 | −21.6% |
| 5 years ago · 4 Nov 2021 | ₹396.80 | +34.2% |
| 10 years ago · 4 Nov 2016 | ₹281.30 | +89.3% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹239.60 | +122.2% |
| Highest weekly close since March 2016 · 12 Jul 2024 | ₹1,470.60 | −63.8% |
| Lowest weekly close since March 2016 · 3 Apr 2020 | ₹157.55 | +238.0% |
| 52-week high (weekly close) · 26 Dec 2025 | ₹1,007.10 | −47.1% |
| 52-week low (weekly close) · 30 Oct 2026 | ₹527.00 | +1.0% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (560 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Ahluwalia Contracts (India)? 3 Nov 2026: Ahluwalia Contracts (India) closed at ₹532.50, down 1.3% on the week and down 4.4% on the month. 22 Sep 2026: ex-date for a dividend of ₹0.70 a share. ### Earlier

- 17 Aug 2026: Ahluwalia Contracts (India) held its results call for April to June 2026. Management guided: FY27 topline growth approximately 12-15%, with the lower end reflecting potential NGT measures. - Results for April to June 2026: Revenue up 12.0% and profit down 80.4% on a year earlier. ## What dividend does Ahluwalia Contracts (India) pay? Ahluwalia Contracts (India) paid ₹0.70 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.13% at the ₹532.50 close on 3 November 2026. The last was a dividend of ₹0.70 a share, ex-date 22 September 2026. ### Ahluwalia Contracts (India) dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 22 Sep 2026 | ₹0.70 | Dividend |
| 22 Sep 2025 | ₹0.60 | Dividend |
| 20 Sep 2024 | ₹0.50 | Dividend |
| 22 Sep 2023 | ₹0.40 | Dividend |
| 20 Sep 2022 | ₹0.30 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 4 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Ahluwalia Contracts (India) Ltd paid out 2% of its profit as dividends in FY26, and it paid a dividend in 7 of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Ahluwalia Contracts (India) management say on the latest results call? On the call for April to June 2026, held on 17 August 2026, Ahluwalia Contracts (India)'s management guided: FY27 topline growth approximately 12-15%, with the lower end reflecting potential NGT measures. > Management, on the call for April to June 2026

### What management guided

- FY27 double-digit operating margin ruled out; some client labor compensation expected over the next 2 quarters, recovery toward April to June 2025 margin over the next 3 quarters, and double-digit margins aspired to in FY28-FY29. - Central Vista billing about ₹700 crore in FY27 and ₹1,000 crore next year; DLF Dahlias ₹30-35 crore monthly and Downtown ₹25-30 crore monthly; structural steel starts in September, first building commissioned by end next year, full project FY29. - CSMT billing initially about ₹200-250 crore in FY27 and ₹700 crore next year; later answer expressed hope to exceed ₹500 crore in FY27. - Gems and Jewellery Park ground work expected to start in Q3; FY27 billing about ₹100 crore, next-year billing ₹150 crore and completion in 3.5 years. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/4697/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 17 August 2026.)

## What to watch in Ahluwalia Contracts (India)'s next results? When Ahluwalia Contracts (India) reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Client labor-compensation claims: check awards, client-supplied labor, incentives and margin recovery in the next quarter. - What to check (from the call)
- Client labor-compensation claims: check awards, client-supplied labor, incentives and margin recovery in the next quarter. - NGT measures in Delhi and Haryana: check Central Vista continuity, inbound-material permissions and disruption across NCR sites. - Landmark-project ramps: check CSMT approvals, Central Vista structural progress, Gems ground work and DLF execution. - Selective bidding and RML: check fresh awards, L1 conversion and machinery or digitization spending. ## Which stock lists is Ahluwalia Contracts (India) on? Ahluwalia Contracts (India) is on one of our India lists: 52 week high & low. [52 week high & low 52-week position: Near 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)

## Is Ahluwalia Contracts (India) profitable? Ahluwalia Contracts (India) Ltd earned ₹10.0 Cr of net profit in the Jun 2026 quarter, −80.4% on the same quarter a year earlier. Full-year FY26 profit was ₹266 Cr. Over 10 years profit has grown 12.2% a year on average. That is 0.9% of the quarter's revenue. The same quarter a year earlier earned ₹51.0 Cr. For the full year, FY26 profit was ₹266 Cr (+31.7% on the year before). Why profit moved: revenue changed +12.0% on a year earlier and the margin moved −4.8 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +8.6% and revenue +12.1%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Ahluwalia Contracts (India) make, and is it growing? Ahluwalia Contracts (India) Ltd reported ₹1,126 Cr of revenue in the Jun 2026 quarter, +12.0% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 10 years it has grown 13.8% a year on average. The last full year, FY26, came in at ₹4,565 Cr. The last four reported quarters add to ₹4,686 Cr. FY26 revenue was ₹4,565 Cr, +11.4% on the year before. Recent pace: the last four quarters grew +12.1% on average, against 13.8% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +12.0%, against +8.1% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +1.4%, against −20.6% a year (accelerating). ## How much of every ₹100 of sales does Ahluwalia Contracts (India) keep? Ahluwalia Contracts (India) Ltd's operating margin was 4.2% in the Jun 2026 quarter, 4.8 percentage points lower than the same quarter a year ago. Across 13 years it has been between 4.0% and 13.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −4.4 percentage points on the year while gross margin changed −3.3 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Ahluwalia Contracts (India)'s profit turning into cash? Over the last 3 years, 106% of Ahluwalia Contracts (India) Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹281 Cr of operating cash against ₹266 Cr of profit. After ₹270 Cr of spending on assets, ₹11.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 106% of profit came in as cash: the cash cycle got 37 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 2.5× depreciation over three years. The next section checks what that spending is building. ## Where does Ahluwalia Contracts (India)'s cash go? Ahluwalia Contracts (India) Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −32 days in FY26, up from −69 days in FY21. It spent ₹578 Cr on assets over the last 3 years. Customers take 59 days to pay, and stock sits for 66 days on average. At FY26 sales of ₹4,565 Cr, each day of that cycle ties up about ₹12.5 Cr, so roughly −₹400 Cr is tied up in the business at any time. FY26: customers took 59 days to pay and stock sat for 66 days, about 2.2 months of sales sitting as stock, for a full cycle of −32 days, longer than FY21's −69. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 66 days. Customers pay about 59 days after that. Suppliers are paid at 157 days. Together that makes the −32-day cycle. Spending on assets: ₹578 Cr over the last 3 years, against ₹232 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹6.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Ahluwalia Contracts (India)'s P/E ratio, and how does it compare with its own history? Ahluwalia Contracts (India) Ltd's P/E is 15.8×, near the low end of its own history: it has been lower only 4% of the time. Its usual P/E (the middle reading) is 24.0×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +31.6% while the price moved −44.0%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +6.1% a year; about +16.5% a year came from earnings growth and about −10.4 percentage points from the multiple (the market paying less); over 10 years the price moved +6.6% a year; about +13.4% a year came from earnings growth and about −6.8 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Ahluwalia Contracts (India) business getting better or worse? Ahluwalia Contracts (India) Ltd's business is getting better. Profit growth hit its low 4 quarters ago at −37.8% and has recovered to +1.4%, with ROCE falling at 14.7%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## How much does Ahluwalia Contracts (India) earn on its capital? Ahluwalia Contracts (India) Ltd earned a ROCE of 20% in FY26. That is up from a low of 8% in FY14. Its return on capital used (ROIC) is 4.2 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 5.8% net margin and 1.07× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 5.8% net margin × 1.07× asset turnover × 2.07× leverage (assets divided by equity) ≈ 12.8% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 16.2% − 12.0% = +4.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 16.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 22.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Ahluwalia Contracts (India) have too much debt? Ahluwalia Contracts (India) Ltd has total debt of ₹73.0 Cr against shareholder equity of ₹2,059 Cr as of Jun 2026, so its debt is 0.04× its equity, which is very little. Year by year, that ratio went from 0.05 in FY22 to 0.04 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Ahluwalia Contracts (India) shareholding pattern? Domestic institutions cut their stake in Ahluwalia Contracts (India) Ltd by 3.0 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 21.9% of the company. Foreign institutions moved +1.2 points over the same period, to 14.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −3.0 points over 8 quarters, to 21.9%; Foreign institutions: +1.2 points over 8 quarters, to 14.0%; Promoters: +0.0 points over 8 quarters, to 55.3%. Why the owners changed: domestic institutions drove it (−3.0 points), with the other side taken by foreign institutions (+1.2 points). They reduced their stake. ## How far is Ahluwalia Contracts (India) from balance-sheet trouble? For Ahluwalia Contracts (India) Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Ahluwalia Contracts (India) rank in its industry? 47.3 out of 100, rank 4 of 6 in EPC, with 81% of the evidence available. Ahluwalia Contracts (India) Ltd scores 47.3 out of 100 against the 6 companies it is compared with in EPC, ranking 4. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 10.5 + 11.8 + 17.5 + 7.5 = 47.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Ahluwalia Contracts (India) compared with? Ahluwalia Contracts (India) ranks 4 of 6 EPC companies on the 4-Factor Sector Score, with 47.3 out of 100. 1. [Viviana Power Tech Ltd](https://www.sectoralpha.in/stocks/viviana-power-tech-ltd) VIVIANA · breaking out · Too little evidence to rank firmly · 56% evidence 67.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.4/35 · Revenue 100% · Profit 100% · Operating margin change -4.7 points · 83% evidence Capital efficiency 20.1/25 · ROCE 49.8% · Operating margin 15.7% · 76% evidence Valuation 10.3/20 · P/E 12.8× · PEG n/a · 15% evidence Relative strength 11.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -3.4% · 1 year -30.6% · 25% evidence · 4 of 12 weeks ahead Exact sum: 26.4 + 20.1 + 10.3 + 11 = 67.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 2. [Advait Energy Transitions Limited](https://www.sectoralpha.in/stocks/advait-energy-transitions-limited) ADVAIT · quiet · Most evidence points up · 82% evidence 66.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.2/35 · Revenue 48.2% · Profit 66.7% · Operating margin change 3 points · 95% evidence Capital efficiency 16.3/25 · ROCE 26% · Operating margin 14% · 76% evidence Valuation 10.0/20 · P/E 27× · PEG n/a · 50% evidence Relative strength 11.6/20 · Lead over its industry 6.7% · Lead over NIFTY 500 -7.4% · 1 year -7.4% · 100% evidence · 1 of 12 weeks ahead Exact sum: 28.2 + 16.3 + 10 + 11.6 = 66.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Transrail Lighting Ltd](https://www.sectoralpha.in/stocks/transrail-lighting-ltd) TRANSRAILL · quiet · Evidence leans up · 64% evidence 50.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.8/35 · Revenue 15.1% · Profit 5.9% · Operating margin change 0 points · 88% evidence Capital efficiency 17.6/25 · ROCE 33.3% · Operating margin 12% · 100% evidence Valuation 9.7/20 · P/E 13.4× · PEG n/a · 15% evidence Relative strength 8.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.1% · 1 year -41.8% · 25% evidence · 0 of 12 weeks ahead Exact sum: 14.8 + 17.6 + 9.7 + 8.8 = 50.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. Ahluwalia Contracts (India) Ltd this page AHLUCONT · quiet · Evidence leans down · 81% evidence 47.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.5/35 · Revenue 12% · Profit 1.4% · Operating margin change -4.8 points · 88% evidence Capital efficiency 11.8/25 · ROCE 20.4% · Operating margin 4.2% · 100% evidence Valuation 17.5/20 · P/E 15.7× · PEG 0.33 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -30.2% · 1 year -44.6% · 25% evidence · 0 of 12 weeks ahead Exact sum: 10.5 + 11.8 + 17.5 + 7.5 = 47.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 5. [J Kumar Infraprojects Ltd](https://www.sectoralpha.in/stocks/j-kumar-infraprojects-ltd) JKIL · quiet · Evidence leans down · 81% evidence 44.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.8/35 · Revenue -2.5% · Profit -6.4% · Operating margin change -1 points · 88% evidence Capital efficiency 11.8/25 · ROCE 18.4% · Operating margin 14% · 100% evidence Valuation 15.5/20 · P/E 7.9× · PEG 1.48 · 100% evidence Relative strength 8.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -16.8% · 1 year -38.4% · 25% evidence · 1 of 12 weeks ahead Exact sum: 8.8 + 11.8 + 15.5 + 8.2 = 44.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 6. [Dilip Buildcon Ltd](https://www.sectoralpha.in/stocks/dilip-buildcon-ltd) DBL · quiet · Too little evidence to rank firmly · 56% evidence 43.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.0/35 · Revenue -19.1% · Profit 29.1% · Operating margin change -2 points · 83% evidence Capital efficiency 9.2/25 · ROCE 13.1% · Operating margin 18% · 76% evidence Valuation 10.9/20 · P/E 10.9× · PEG n/a · 15% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.1% · 1 year -24.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 14 + 9.2 + 10.9 + 9.5 = 43.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [EPC](https://www.sectoralpha.in/sectors/epc), all 6 compared on one page. ## Which companies are close to Ahluwalia Contracts (India) in size? Ahluwalia Contracts (India) is the 3rd largest of 6 EPC companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Dilip Buildcon and Transrail Lighting. Just below it: J Kumar Infraprojects, Advait Energy Transitions and Viviana Power Tech. ### EPC companies close in size

1. [Dilip Buildcon Ltd](https://www.sectoralpha.in/stocks/dilip-buildcon-ltd) ₹6,105 crore
2. [Transrail Lighting Ltd](https://www.sectoralpha.in/stocks/transrail-lighting-ltd) ₹5,695 crore
3. Ahluwalia Contracts (India) Ltd ₹3,535 crore
4. [J Kumar Infraprojects Ltd](https://www.sectoralpha.in/stocks/j-kumar-infraprojects-ltd) ₹3,069 crore
5. [Advait Energy Transitions Limited](https://www.sectoralpha.in/stocks/advait-energy-transitions-limited) ₹1,798 crore
6. [Viviana Power Tech Ltd](https://www.sectoralpha.in/stocks/viviana-power-tech-ltd) ₹713 crore

[All 6 EPC companies, largest first](https://www.sectoralpha.in/sectors/epc#all-companies)

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3. Ahluwalia Contracts (India) Ltd ₹3,535 crore
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## What else do people ask about Ahluwalia Contracts (India)? ### What is Ahluwalia Contracts (India)'s share price today? Ahluwalia Contracts (India) Ltd's share price is ₹532.50, −44.0% over the past year. The whole company is worth ₹3,565 Cr on the market. In the last 52 weeks it traded between ₹527 to ₹1,007; today it is 1% of the way up from the low, 28.4% below its 200-day average (as of 3 November 2026). ### What were Ahluwalia Contracts (India)'s latest quarterly results? Ahluwalia Contracts (India) Ltd reported revenue of ₹1,126 Cr and net profit of ₹10.0 Cr for the Jun 2026 quarter. Revenue rose 12.0% and profit fell 80.4% compared with a year earlier. Earnings per share were ₹1.55. The operating margin was 4.2%, 4.8 percentage points lower than a year earlier (as of 3 November 2026). ### What is Ahluwalia Contracts (India)'s market cap? Ahluwalia Contracts (India) Ltd's market capitalisation is ₹3,565 Cr at a share price of ₹532.50. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Ahluwalia Contracts (India) performing? Ahluwalia Contracts (India) Ltd's share price has been falling for 40 weeks. In its latest quarter, revenue rose 12.0% and profit fell 80.4% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 12 weeks running (as of 3 November 2026). ### Will Ahluwalia Contracts (India)'s share price go up? This page does not forecast Ahluwalia Contracts (India) Ltd's share price. What it shows instead: the share price is ₹532.50, and it has been falling for 40 weeks. Its P/E of 15.8× is higher than 4% of its own last 11 years (as of 3 November 2026). ### Who owns Ahluwalia Contracts (India)? Promoters own 55.3% of Ahluwalia Contracts (India) Ltd, foreign institutions 14.0%, domestic institutions 21.9% and the public 8.7% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 3.0 percentage points over 8 quarters (as of 3 November 2026). ### Does Ahluwalia Contracts (India) have too much debt? No, Ahluwalia Contracts (India) Ltd has little debt: its debt is 0.04× its equity, and its operating profit is 9 times its interest bill. FY26 borrowings were ₹73.0 Cr against equity of ₹2,059 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Ahluwalia Contracts (India) in its business cycle? Ahluwalia Contracts (India) Ltd's FY26 operating margin was 10.0%, against a 13-year range of 4.0% to 13.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 4.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Ahluwalia Contracts (India) story? The main question: yearly earnings per share moved +31.6% while the share price moved −44.0%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Ahluwalia Contracts (India) a stock worth studying right now? What the numbers show: Ahluwalia Contracts (India) Ltd's P/E is near the low end of its own history, higher than only 4% of past readings, and its quarterly results are still getting worse. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Ahluwalia Contracts (India) share price forecast for 2026? What management itself guided: FY27 topline growth approximately 12-15%, with the lower end reflecting potential NGT measures. ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india

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