Ahluwalia Contracts (India) Limited reported mixed financial results for the quarter ended June 30, 2026, posting top-line growth but facing a sharp decline in profitability metrics. While revenue expanded 12.6% YoY to ₹11,260 crore, the company's earnings capacity contracted significantly, with net profit falling 78% and EBITDA declining 44% over the same period.

Q1FY27 financial performance

The following table summarises Ahluwalia Contracts' key financial metrics for Q1FY27 against the year-ago period:

The EBITDA margin contracted from 8.59% in Q1FY26 to 4.29% in the current quarter, indicating pressure on operational efficiency relative to revenue generation. Net profit after tax saw a steep drop, falling 78% YoY to ₹114 crore from ₹511 crore.

What the numbers show

The data reveals a clear margin compression trend. While the company managed to increase its revenue base by ₹1,260 crore (from ₹10,000 crore to ₹11,260 crore), absolute EBITDA decreased by ₹380.80 crore. This indicates that the incremental revenue generated in Q1FY27 carried significantly lower margins than the base business, dragging down overall profitability. The divergence between revenue growth and profit contraction suggests that the additional sales did not translate into proportional bottom-line gains during the period.

Order book and pipeline

As on June 30, 2026, Ahluwalia Contracts reported a gross order book of ₹297,138 crore (excluding GST), up from ₹223,160 crore at the end of FY25. The unexecuted order book stood at ₹206,635 crore, reflecting a 40% YoY growth from ₹150,598 crore in FY25. Year-to-date order inflows for the period amounted to ₹5,121 crore.

The unexecuted order book is diversified across sectors, with residential projects constituting the largest share at 39.7% (₹81,980 crore), followed by institutional (18.3%), infrastructure (18.2%), and commercial/industrial (17.4%). Geographically, North India accounts for 52% of the unexecuted order book, while West India holds 23.5%.

Top ongoing projects

Key projects contributing to the order book include the Central Vista Project (Common Central Secretariat Building) with an unexecuted value of ₹25,939 crore, India Jewellery Park, Mumbai (₹21,570 crore), and the redevelopment of Chhatrapati Shivaji Maharaj Terminus (CSMT) at Mumbai (₹15,105 crore).

Earnings call details

The company hosted an earnings call on Monday, August 17, 2026, at 4:00 pm IST to discuss these operational and financial results. The conference call was moderated by Sudeep Bora from Institutional Equities at Ambit Capital. The company notified the Compliance Departments of BSE Limited, National Stock Exchange of India Ltd., and Calcutta Stock Exchange Ltd. on August 8, 2026. The intimation was signed by Vipin Kumar Tiwari, Company Secretary.

Management participants

The following senior executives were scheduled to lead the discussion:

Conference call access details

Investors could join the teleconference via DiamondPass to avoid wait times. The primary access numbers and international toll-free numbers are listed below.

Ahluwalia Contracts (India) Limited has set September 22, 2026 as the record date for shareholders eligible to receive the company’s final dividend. The Board of Directors approved the corporate action during its meeting held on August 14, 2026.

The company will also convene its 47th Annual General Meeting (AGM). To determine eligibility for both the dividend payout and the AGM, Ahluwalia Contracts will enforce a book closure period from Wednesday, September 23, 2026 to Tuesday, September 29, 2026, inclusive of both days.

Key Dates

The intimation was issued pursuant to Regulation 42 and Regulation 43 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The disclosure applies to equity shares listed on the BSE, NSE, and Calcutta Stock Exchange.

Vipin Kumar Tiwari, Company Secretary, signed the communication on behalf of the board. The registered office of the company is located in Okhla Industrial Area, New Delhi.