Hidden Small-Cap Stock; Large holdings of FII and DII; Received New Orders worth Rs 339 Crore

Ahluwalia Contracts (India) Limited listed in both BSE (BOM: 532811) and NSE (NSE: AHLUCONT), a fundamentally strong small-cap company operating in the realty/construction sector, recently updated in its BSE filing that the company has bagged 3 projects worth Rs 338.95 crore.

However, despite getting 3 projects, the company did not get any interest from investors and the shares saw a slight decline of – 0.05%. It has declined by 5% in the last 5 days.

The company’s shares have seen an increase of 27.21% in the last 1 month, 58.04% in the last 6 months and 44.46% in YTD.

Ahluwalia Contracts Project/ Order Details

According to the information available on the BSE website, the company received 3 orders.

The first order is received from Ritanand Balved Education Foundation for the construction of Amity University in Ranchi Campus, Jharkhand. This order has to be completed within 15 months and the value of the order is Rs 75.00 crores.

The second order was received from Bird Hotel Jewar Pvt Ltd for the construction of Bird Hotel at Noida International Airport, Jewar UP. The order is worth Rs 90 crore and is to be completed within 15 months.

The third order is received from CINDA Engineering & Construction Pvt Ltd. This is a sub-contract work from CINDA Bangalore for Civil Work – For the Foxconn Elephant Project. The cost of this project is Rs 173.95 crore and it is to be completed in 9 months.

In this way, the total value of all three projects or orders is Rs 338.95 crore.

The company has a Strong Order Book

The company has a net order book of Rs 11,246.83 crore, which is to be fulfilled within the next two to two and a half years. The total order inflow of the company so far during FY24 is Rs 5833.86 crore. According to the promoters, currently Ahluwalia Contracts India Limited is L1 in two projects worth Rs 3229.87 crore.

Ahluwalia Contracts’ Recent Financial

Consolidated Figures in Rs. Crores

Dec 2022743.004510%
Sep 2023902.005510%
Dec 20231,026.007111%

The company had presented very good results in last quarter.

In the quarter ended December 2023, the company experienced a significant growth of 57.78% YoY and 29.09% QoQ in net profit.

The company reported strong sales growth in the quarter ending December 2023. Sales increased by 38.09% year-on-year and 13.75% quarter-on-quarter.

Ahluwalia Contracts Shares Performance & Return

Shares of Ahluwalia Contracts (India) Limited were listed on BSE in Feb 2007 and since its listing, it has delivered good returns. This stock has given a 28% return in a month, 32% in three months, and 58% in six months. You can check the tables below to know the performance in detail.

PeriodClosingGrowthReturns on ₹1 Lakh

The company’s overall performance over the last 12 months is 142.11% and for investors who invested ₹1 lakh in it 12 months ago, its value has grown to ₹242,108 today.

Ahluwalia Contracts Performance 2024 YTD

MonthOpeningClosingGain/ Fall
Total Returns in 202445.00%

Ahluwalia Contracts’ share price was ₹782.75 in January and today it is trading at ₹1135 in BSE, representing a total gain of 45% in 2024 YTD.

Ahluwalia Contracts Share Performance since Listing (Compounding)

In the table below, you can check the company’s absolute returns and CAGR growth from listing. You can also check that if someone has invested a lump sum of Rs 10,000, then what is the value of those shares today…

PeriodGrowthReturns on ₹1 LakhCAGR
1Y142%₹2.42 lakh142.11%
2Y197%₹2.97 lakh72.47%
3Y278%₹3.78 lakh55.75%
4Y253%₹3.53 lakh37.03%
5Y245%₹3.45 lakh28.10%
6Y203%₹3.03 lakh20.29%
7Y278%₹3.78 lakh20.94%
8Y381%₹4.81 lakh21.68%
9Y356%₹4.56 lakh18.35%
10Y3278%₹33.78 lakh42.19%
11Y4533%₹46.33 lakh41.72%
12Y1301%₹14.01 lakh24.61%
13Y836%₹9.36 lakh18.77%
14Y464%₹5.64 lakh13.15%
15Y3807%₹39.07 lakh27.68%
16Y375%₹4.75 lakh10.23%
17Y1220%₹13.2 lakh16.39%
Since Listing882%₹9.82 lakh14.34%
  • If we look at the performance of the last 12 months, it has seen a rise of more than 140 percent.
  • In the last ten years, it has increased investors’ money by more than 33 times.
  • For investors who had invested Rs 1 lakh in Ahluwalia Contracts’ Shares fifteen years ago, the value of those ₹1 lakh worth of shares has increased to ₹39.07 lakh today.
  • The company’s last ten-year stock CAGR growth is 42.19 and since the listing is 14.34%.

Ahluwalia Contracts Share Performance since Listing (Year-wise)

YearOpenCloseGain/ Fall
Real Estate Building construction company
Ahluwalia Contracts (India) Limited is engaged in the business of construction of all types of buildings.

About the Company

Ahluwalia Contracts (India) Limited operates in the realty/construction industry. It is a reputed player in engineering and contract manufacturing, dedicated to delivering state-of-the-art infrastructure and construction projects across India. The Company is expertise in working on residential and commercial complexes, corporate offices, institutional buildings, IT parks, hotels, hospitals, Metro stations, and automated car parking lots and has done many projects for Government as well as private clients.

The company has renowned clients like Tata, The Leela, Hyatt, Fortis, Amity, and Apollo Hospitals and completed various commercial & institutional projects for them. Some of the companies’ projects include Tata Housing in Gurgaon, ITC Gardenia Five Star Hotel in Bangalore, CBI Office Building in BKC, Mumbai, and Mumbai Metro Depot for Mumbai Metro One Pvt Ltd.

Ahluwalia Contracts (India) Ltd Fundamentals

Market Cap₹ 7,610 Cr.
Current Price₹ 1,136
High / Low₹ 1,276 / 448
Intrinsic Value₹ 443
Book Value₹ 199
Face Value₹ 2.00
ROCE24.7 %
ROE17.0 %
PEG Ratio2.84
EPS₹ 37.0
P/B Value5.72
Dividend Yield0.04 %
Stock P/E30.7
Industry PE29.3
OPM11.1 %
Quick Ratio1.59
Debt₹ 88.2 Cr.
Debt to equity0.07
Current liabilities₹ 1,232 Cr.
Current assets₹ 2,285 Cr.
Return on Assets8.50 %
Reserves₹ 1,318 Cr.
Cash Equivalents₹ 522 Cr.
Inventory₹ 325 Cr.

Last 5 Years Profit & Loss Statement

Consolidated Figures in Rs. Crores

Mar 20191,75511712%
Mar 20201,885648%
Mar 20211,982778%
Mar 20222,69215510%
Mar 20232,83819411%

Last 10 Years Compounded Sales and Profit Growth

PeriodSales GrowthProfit Growth
10 Years7%16%
5 Years12%11%
3 Years15%44%

Ahluwalia Contracts (India) Ltd Shareholding Pattern

Mar 202158.00%11.98%26.15%3.86%
Mar 202255.32%12.31%27.81%4.56%
Dec 202255.32%12.19%27.19%5.31%
Mar 202355.32%11.50%27.97%5.21%
Jun 202355.32%11.75%27.40%5.55%
Sep 202355.32%12.60%26.65%5.43%
Dec 202355.32%12.66%26.40%5.61%
5/5 - (1 vote)

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