Ahluwalia Contracts (India) Ltd., incorporated in the year 1979, is a Small Cap company (having a market cap of Rs 2753.86 Crore) operating in Construction sector.
Ahluwalia Contracts (India) Ltd. key Products/Revenue Segments include Contract Revenue, Scrap, Property Development and Lease Rentals for the year ending 31-Mar-2021.
For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 742.20 Crore, up 7.80 % from last quarter Total Income of Rs 688.50 Crore and down -3.00 % from last year same quarter Total Income of Rs 765.18 Crore. Company reported net profit after tax of Rs 42.34 Crore in latest quarter.
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On a combination of slightly lower revenue estimates (on no new orders in Q4), pruned depreciation (on revised capex assumptions) and finance costs (changed debt assumptions), FY23e earnings are ~0.7% better, and FY24 are ~5% higher. On revised estimates, the stock (excl. the Kota asset) trades at 10.7x FY24e EPS. Risk: Slow order addition.
Promoters held 55.32 per cent stake in the company as of 31-Dec-2021, while FIIs owned 12.34 per cent, DIIs 28.03 per cent.
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