Ahluwalia Contracts (India) logo

Ahluwalia Contracts (India) share price

NSE: AHLUCONTBSE: 532811ConstructionSmall Cap

Last close ₹540.15down ₹12.45 (2.25%)BSE ₹539.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹552.60.

52-week range of traded prices to 23 Oct 2026
₹535.00Low, 23 Oct 2026₹1,077.95High, 18 Nov 2025
Market cap
₹3,618 Cr745th largest listed
P/E
16.1
P/B
1.8
Dividend yield
0.13%
ROE
11.7%
ROCE
13.9%
Debt to equity
0.00
Volume, NSE
32,99748.1% delivered

Share price

Daily closes since Sep 2007, BSE closes Feb 2007 to Dec 2009, adjusted for splits and bonuses. Earlier closes are left out: on 14 Sep 2007 the price changed in a way no corporate action on record explains.

−41.2%over a year · Nifty 500 −9.8%

Dividend20-session average 65,351 shares a day, 48.1% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 14 Aug

Revenue
₹1,126 Crdown 14.86%
Net profit
₹10 Crdown 87.33%
Net margin
0.9%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2020, the company's revenue for that year, ₹1,885 Cr, differs from its quarters added, ₹1,722 Cr.

₹ croreSep 2024Filed 15 NovDec 2024Filed 12 FebMar 2025Filed 16 JunJun 2025Filed 14 AugSep 2025Filed 26 NovDec 2025Filed 14 FebMar 2026Filed 26 JunJun 2026Filed 14 Aug
Revenue1,0119521,2161,0051,1771,0611,3221,126
Net profit3950835179548210
Net margin3.8%5.2%6.9%5.1%6.7%5.1%6.2%0.9%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Contract Work₹4,559 Crup 11.53%99.9%
  • Investment Property₹6 Cr0.1%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2020: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 4% of 2,354 trading days over the last 10 years.

LowestHighest
Its median22.5Industry median13.1
Price to book

At or below today's level on 3% of 1,961 trading days since Nov 2018.

LowestHighest
Its median2.9Industry median1.4
EV to EBITDA7.1

At or below today's level on 3% of 1,961 trading days since Nov 2018.

LowestHighest
Its median11.4Industry median11.1
Dividend yield

At or below today's level on 96% of 2,475 trading days over the last 10 years.

LowestHighest
Its median0.05%Industry median0.76%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−19.9%+31.6%−39.2%0.1%
3 years+4.4%+11.1%−6.1%0.1%
5 years+17.0%+28.1%−8.7%0.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters55.32%
  • Foreign institutions14.02%
  • Indian institutions21.95%
  • Individuals and others8.71%
Holder
Sudershan WaliaPromoter30.53%
Bikramjit AhluwaliaPromoter16.34%
Shobhit UppalPromoter6.43%
Nalanda India Equity Fund LimitedForeign portfolio investors, category I5.46%
Government Pension Fund GlobalForeign portfolio investors, category I2.99%
Nalanda India Fund LimitedForeign portfolio investors, category I2.48%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

19 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before.Mutual fund holdings

Bought for the first time
1
Added
2
Cut
4
Held unchanged
12
Sold out
7
Fund
SBI Mutual Fund logoSBI Small Cap FundSBI Mutual Fund45,00,0000.60%₹247.5 Cr
Axis Mutual Fund logoAxis Small Cap FundAxis Mutual Fund31,98,3780.57%₹175.9 Cr
SBI Mutual Fund logoSBI Infrastructure FundSBI Mutual Fund12,00,0001.40%₹66.0 Cr
DSP Mutual Fund logoDSP ELSS Tax Saver FundDSP Mutual Fund11,46,9670.41%₹63.1 Cr
DSP Mutual Fund logoDSP Large & Mid Cap FundDSP Mutual Fund7,97,6890.25%₹43.9 Cr
Canara Robeco Mutual Fund logoCanara Robeco Small Cap FundCanara Robeco Mutual Fund7,78,7450.31%₹42.8 Cr
DSP Mutual Fund logoDSP India T.I.G.E.R. FundDSP Mutual Fund4,91,0930.43%₹27.0 Cr
Edelweiss Mutual Fund logoEdelweiss Small Cap FundEdelweiss Mutual Fund4,37,7870.34%₹24.1 Cr
Bandhan Mutual Fund logoBandhan Infrastructure FundBandhan Mutual Fund4,31,8051.70%₹23.8 Cr
HDFC Mutual Fund logoHDFC Infrastructure FundHDFC Mutual Fund3,26,2660.80%₹17.9 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Civil Construction, 170 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Ahluwalia Contracts (India) in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Isgec Heavy Engineering logoIsgec Heavy EngineeringISGEC6,397–2.311.1+19.8%––11.4%0.69%
Ceigall India logoCeigall IndiaCEIGALL6,32519.83.011.7+20.3%–16.1%16.2%0.14%
Dilip Buildcon logoDilip BuildconDBL5,855–0.98.1−18.8%––9.2%0.28%
Hindustan Construction Company logoHindustan Construction CompanyHCC4,55327.42.110.4−20.6%0.0%10.9%14.9%0.00%
LCC ProjectsLCCPROJECT3,465–––––––0.00%
PNC Infratech logoPNC InfratechPNCINFRA3,4544.70.54.9−6.5%+9.0%11.4%9.7%0.45%
Sterling and Wilson Renewable Energy logoSterling and Wilson Renewable EnergySWSOLAR3,31916.24.611.4−9.0%–34.4%20.4%0.00%
J.Kumar Infraprojects logoJ.Kumar InfraprojectsJKIL3,1858.40.93.8−2.5%−6.7%11.9%15.5%0.95%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.70 a share, year to Mar 2026.
Ex-dateTypePer share
22 Sep 2026Final₹0.70
22 Sep 2025Final₹0.60
20 Sep 2024Final₹0.50
22 Sep 2023Final₹0.40
20 Sep 2022Final₹0.30
17 Sep 2019Final₹0.30
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Ahluwalia Contracts (India) share price by year

Each calendar year to 2025.Ahluwalia Contracts (India) share price history

YearClose at year endChangeHighest closeLowest close
2025980.60−4.4%1,116.90634.20
20241,025.75+32.3%1,495.70750.65
2023775.50+62.9%865.70460.45
2022475.95+18.3%531.15361.65
2021402.30+51.5%450.40261.55
2020265.55−11.3%365.70144.10
2019299.25−8.3%366.00253.85
2018326.50−16.5%425.10262.35
2017390.80+50.5%404.90250.65
2016259.65−6.4%317.35212.60
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026552.60552.60535.00540.15541.4432,99748.1%
22 Oct 2026561.70561.70551.00552.60554.4440,10247.8%
21 Oct 2026555.05573.45551.75567.25563.621,42,87629.2%
19 Oct 2026555.00562.50554.95555.25556.1834,61448.9%
16 Oct 2026564.00564.05554.75555.00555.6744,44554.4%
15 Oct 2026573.00579.00560.00563.25567.7031,95350.7%
14 Oct 2026577.10594.80567.75579.70585.681,22,33427.3%
13 Oct 2026555.80583.90553.65565.20561.4222,52651.2%
12 Oct 2026557.60570.70541.00562.15562.6541,78853.8%
9 Oct 2026550.00562.85549.00557.60554.7835,35956.9%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
14 Sep 2007Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

Legal name
Ahluwalia Contracts (India) Limited
NSE symbol
AHLUCONT
BSE code
532811
ISIN
INE758C01029
Industry
Construction
Listed
Feb 2007 on BSE, Dec 2009 on NSE
Face value
₹2
CIN
L45101DL1979PLC009654
Corporate identity number, the registrar of companies' code for it