Ahluwalia Contracts Q1FY27 net profit falls 78% to ₹114 crore
Ahluwalia Contracts reported Q1FY27 net profit of ₹114 crore, down 78% YoY from ₹511 crore, while EBITDA fell 44% to ₹482 crore from ₹862.80 crore. Revenue rose 12.6% YoY to ₹11,260 crore, but EBITDA margin contracted sharply to 4.29% from 8.59%. The company held an earnings call on August 17, 2026, moderated by Ambit Capital, with senior management including Deputy Managing Director Shobhit Uppal and CFO Satbeer Singh participating.
*this image is generated using AI for illustrative purposes only.
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:
| Metric: | Q1FY27 | Q1FY26 | Change |
|---|---|---|---|
| Revenue: | ₹11,260 crore | ₹10,000 crore | +12.6% |
| EBITDA: | ₹482 crore | ₹862.80 crore | -44% |
| EBITDA margin: | 4.29% | 8.59% | -430 bps |
| Net profit: | ₹114 crore | ₹511 crore | -78% |
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.
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:
| Name: | Designation |
|---|---|
| Shobhit Uppal | Deputy Managing Director |
| Vikas Ahluwalia | Director |
| Satbeer Singh | Chief Financial Officer |
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.
| Region: | Access number |
|---|---|
| Primary (India) | +91 22 6280 1148 / +91 22 7115 8049 |
| Singapore | 800 101 2045 |
| Hong Kong | 800 964 448 |
| USA | 1 866 746 2133 |
| UK | 0 808 101 1573 |
Historical Stock Returns for Ahluwalia Contracts
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.00% | -3.27% | -5.74% | +0.30% | -16.26% | +108.40% |
What specific cost drivers or input price increases contributed to the 430 basis point contraction in EBITDA margins despite revenue growth?
How does management plan to address the divergence between top-line expansion and bottom-line profitability in the upcoming quarters?
Are there indications that the current margin compression is a temporary cyclical issue or a structural shift in the company's project mix?
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