Ahluwalia Contracts (India) Limited has delivered a strong financial performance in the third quarter of FY26, showcasing consistent growth across key operational metrics. The engineering, designing, and construction company reported its unaudited results for the quarter ended December 31, 2025, reflecting robust business momentum.

Financial Performance Overview

The company's quarterly performance demonstrates solid growth trajectory with revenue from operations reaching ₹1,060.72 crore in Q3FY26, compared to ₹951.96 crore in the corresponding quarter of the previous year. This represents a healthy growth rate of 11.43%, indicating strong project execution capabilities.

Earnings Per Share Performance

The company maintained consistent earnings per share performance with both basic and diluted EPS at ₹8.06 for Q3FY26, compared to ₹7.37 in the corresponding quarter of the previous year. The paid-up equity share capital remained stable at ₹13.40 crore with a face value of ₹2 per share.

Nine-Month Performance Analysis

The nine-month period ending December 31, 2025, showcased even stronger performance metrics. Revenue from operations reached ₹3,242.90 crore, marking a significant 12.50% increase from ₹2,882.79 crore in the corresponding period of the previous year.

Corporate Developments

The Board of Directors approved a significant corporate restructuring initiative during their meeting held on February 14, 2026. The scheme involves the amalgamation of five wholly-owned subsidiaries with the parent company on a going concern basis. These subsidiaries include Dipesh Mining Pvt. Ltd., Jiwanyoti Traders Pvt. Ltd., Paramount Dealcomm Pvt. Ltd., Preamsagar Merchants Pvt. Ltd., and Splendor Distributors Pvt. Ltd. All transferor companies are engaged in real estate activities and generate rental income.

Regulatory and Compliance Updates

The company has implemented provisions related to the new Labour Codes notified by the Government of India on November 21, 2025. This implementation resulted in an increase of ₹131.96 lakhs in gratuity provisions, which has been recognized as employee benefit expense in the current quarter's financial results. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and have undergone limited review by statutory auditors, who expressed an unmodified conclusion on the results.

Ahluwalia Contracts (India) Limited's Board of Directors concluded a significant meeting on February 14, 2026, approving multiple strategic business decisions including quarterly financial results and a major amalgamation scheme. The engineering, designing, and construction company presented its Q3FY26 results showing robust operational performance across key financial metrics.

Q3FY26 Financial Performance

The company delivered strong financial results for the third quarter with total income reaching ₹10,759 Mn compared to ₹9,668 Mn in Q3FY25. EBITDA stood at ₹960 Mn with a margin of 9.1%, while net profit after tax was ₹540 Mn, representing a 5.0% margin.

Nine Months Performance Shows Strong Growth

For the nine months ended December 31, 2025, the company demonstrated impressive growth with total income of ₹32,890 Mn, marking a 12.5% increase from ₹29,201 Mn in the corresponding period last year. EBITDA surged 42.5% to ₹3,109 Mn with an improved margin of 9.6%, while net profit after tax jumped 55.6% to ₹1,842 Mn.

Robust Order Book Position

The company maintains a strong order book with gross order book at ₹265,856 Mn and unexecuted order book of ₹186,795 Mn as of December 31, 2025. The order book demonstrates diversification across segments with residential projects comprising 44.7%, infrastructure 19.7%, and commercial projects 19.2%.

Top 10 Ongoing Projects Portfolio

The company's project portfolio includes several high-value contracts with the re-development of Chhatrapati Shivaji Maharaj Terminus (CSMT) at Mumbai leading with ₹24,500 Mn order value and ₹20,482 Mn unexecuted value. Other significant projects include India Jewelry Park, Mumbai (₹21,570 Mn) and The Dahlias DLF 5, Gurugram (₹20,890 Mn).

Major Amalgamation Scheme Approved

The board approved a comprehensive scheme of amalgamation involving five wholly owned subsidiary companies merging with the parent company. The transferor companies include Dipesh Mining Private Limited, Jiwanjyoti Traders Private Limited, Paramount Dealcomm Private Limited, Premsagar Merchants Private Limited, and Splendor Distributors Private Limited.

Conference Call Completed with Audio Recording Available

The company successfully conducted its analyst and institutional investor conference call on February 16, 2026, at 3:30 PM IST to discuss the Q3FY26 results. Following the completion of the meeting, the company has made the audio recording available on its website for stakeholders who could not attend the live session.

The presentation highlighted the company's pan-India presence with 48 ongoing projects across 15 states and one overseas project, supported by YTD order inflows of ₹87,536 Mn. Company Secretary Vipin Kumar Tiwari filed the compliance notification with BSE, NSE, and Calcutta Stock Exchange on February 17, 2026, pursuant to Regulation 30 of SEBI LODR Regulations, 2015.