Ahluwalia Contracts (India) Ltd

₹ 457 0.03%
05 Aug - close price
About

Company is engaged in engineering and contract construction, delivering state of-the-art infrastructure and buildings projects for clients in India.

Company has experiences in working on residential, commercial, institutional, corporate offices, power plants, hospitals, hotels, IT parks, Metro stations and depots, and automated car parking lots for Government as well as private clients. [1]

Key Points

Completed Projects
Company has completed various commercial & institutional projects like CBI Office Building (BKC, Mumbai), Tata Housing (Gurgaon), Mumbai Metro Depot (Mumbai Metro One Pvt. Ltd., at Mumbai), ITC Gardenia Five Star Hotel (Bangalore), to name a few. [1]

  • Market Cap 3,063 Cr.
  • Current Price 457
  • High / Low 564 / 337
  • Stock P/E 19.7
  • Book Value 155
  • Dividend Yield 0.00 %
  • ROCE 24.8 %
  • ROE 16.2 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter

Cons

  • Company has a low return on equity of 11.6% for last 3 years.
  • Contingent liabilities of Rs.1,370 Cr.
  • Promoters have pledged 26.4% of their holding.
  • Dividend payout has been low at 0.43% of profits over last 3 years

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Realty Industry: Construction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022
480 317 434 498 549 250 435 536 762 580 698 684 731
423 278 395 454 526 231 400 504 692 520 635 614 667
Operating Profit 57 39 39 44 23 19 34 32 70 60 63 69 64
OPM % 12% 12% 9% 9% 4% 7% 8% 6% 9% 10% 9% 10% 9%
3 3 2 3 3 7 7 5 3 6 7 5 11
Interest 5 7 9 9 10 8 10 9 16 11 12 11 10
Depreciation 7 8 8 8 8 7 7 8 8 8 8 9 8
Profit before tax 48 28 24 29 8 10 24 20 49 46 50 55 57
Tax % 35% 35% 46% 26% 20% 26% 25% 26% 25% 25% 28% 24% 25%
Net Profit 31 18 13 21 6 7 18 15 37 35 36 42 42
EPS in Rs 4.63 2.66 1.95 3.15 0.91 1.12 2.68 2.20 5.53 5.19 5.34 6.32 6.32

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
1,753 1,446 1,431 961 1,060 1,250 1,427 1,647 1,755 1,885 1,982 2,692
1,591 1,422 1,462 925 945 1,089 1,254 1,427 1,538 1,732 1,828 2,436
Operating Profit 162 24 -32 36 115 161 173 219 216 153 154 257
OPM % 9% 2% -2% 4% 11% 13% 12% 13% 12% 8% 8% 10%
8 6 38 37 11 13 8 6 10 10 22 29
Interest 24 31 37 39 39 35 27 25 19 35 43 44
Depreciation 37 47 40 12 21 20 24 26 28 32 30 34
Profit before tax 109 -48 -71 22 67 119 131 175 179 97 103 208
Tax % 34% 4% 0% 0% 4% 29% 34% 34% 35% 33% 25% 26%
Net Profit 72 -46 -71 22 64 84 86 115 117 64 77 155
EPS in Rs 11.47 -7.39 -11.36 3.46 9.56 12.60 12.84 17.23 17.51 9.61 11.52 23.17
Dividend Payout % 3% 0% 0% 0% 0% 0% 0% 2% 2% 0% 0% 1%
Compounded Sales Growth
10 Years: 6%
5 Years: 14%
3 Years: 15%
TTM: 36%
Compounded Profit Growth
10 Years: 19%
5 Years: 13%
3 Years: 10%
TTM: 101%
Stock Price CAGR
10 Years: 26%
5 Years: 11%
3 Years: 17%
1 Year: 20%
Return on Equity
10 Years: 12%
5 Years: 14%
3 Years: 12%
Last Year: 16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
13 13 13 13 13 13 13 13 13 13 13 13
Reserves 310 263 192 214 324 409 495 608 724 789 865 1,022
203 248 274 239 173 142 90 30 61 91 68 54
630 646 595 586 532 593 637 601 689 865 1,114 957
Total Liabilities 1,155 1,170 1,074 1,050 1,042 1,157 1,235 1,252 1,488 1,759 2,061 2,046
201 195 160 136 121 118 198 190 191 226 235 228
CWIP 16 32 42 69 79 85 1 0 0 0 0 0
Investments 0 2 0 0 0 0 0 0 0 0 0 0
938 940 872 846 841 954 1,036 1,062 1,296 1,533 1,826 1,818
Total Assets 1,155 1,170 1,074 1,050 1,042 1,157 1,235 1,252 1,488 1,759 2,061 2,046

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-17 -13 -10 21 93 77 126 81 86 110 259 66
-80 -54 10 33 21 -25 -9 -20 -43 -46 -48 -101
28 18 -7 -69 -98 -57 -70 -70 19 -36 -51 -44
Net Cash Flow -68 -49 -7 -15 16 -6 48 -8 62 27 160 -79

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 107 114 107 154 144 146 132 125 108 96 69 60
Inventory Days 74 104 74 138 112 123 101 91 71 90 119 71
Days Payable 136 159 135 233 182 177 177 182 202 212 257 182
Cash Conversion Cycle 46 60 46 58 74 92 55 34 -23 -27 -69 -51
Working Capital Days 32 16 11 37 37 68 54 48 63 49 34 33
ROCE % 29% -3% -11% 8% 22% 29% 27% 32% 27% 16% 16% 25%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
58.00 58.00 58.00 58.00 58.00 58.00 58.00 58.00 55.32 55.32 55.32 55.32
16.83 16.50 15.52 15.06 12.95 11.62 11.98 11.91 12.15 12.34 12.31 12.28
21.59 22.05 23.27 23.45 24.59 25.87 26.15 26.78 28.73 28.03 27.81 27.52
3.57 3.45 3.20 3.48 4.45 4.51 3.86 3.31 3.80 4.32 4.56 4.89

Documents

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