PRESENTATION Q3 FY 26 RESULTS
AHLUWALIA CONTRACTS (INDIA) LTD.
ENGINEERING DESIGNING CONSTRUCTION
14thFebruary 2026
TOTAL INCOME (FYE 25)
₹ 41,540 Mn.
EBITDA (FYE 25)₹ 3,418 Mn.
GROSS ORDER BOOK (as on 31 Dec 25)₹ 265,8556 Mn
TOTAL INCOME (Q3 FY 26)₹ 10,759 Mn.
EBITDA (Q3 FY 26) ₹ 960 Mn. YTD ORDER INFLOWS ₹ 87,536 Mn. (FYE 26) UNEXECUTED ORDER BOOK (as on 31 Dec 25)₹ 186,795 Mn
PRESENCE Pan India (48 Ongoing Projects across 15 States and 1 Project Overseas)3
Ahluwalia Contracts (India) Limited (ACIL) is a
well-established integrated construction company
with five decades of expertise in infrastructure development.
▶ Turnkey solutions in Engineering, Design and Construction for Public and Private Sector clients
▶ Completed landmark projects:
Residential and commercial buildings / complexes
Hotels, institutional and hospital buildings
Corporate offices, information technology (IT) parks, industrial complexes
Automated car parking lot, townships, BOT projects
Metro station and depot
Redevelopment / Upgradation of Railway Stations
Urban infrastructure
Data Centres
4
JOURNEY
1979
The company was incorporated as Private Limited Company
1992
Completed the Chancery Building for Embassy of India, Dubai
2002
Turnover of the company crossed
₹ 1,000 million
2006
Net Profits of the company crossed
₹150 million Bonus Issue 3:1
2008
Net Profits of the company crossed
₹ 500 million
2010
Games Village Housing Complex for Commonwealth Games 2010 at New Delhi.
Dr S.P.M.Swimming Pool (Talkatora Stadium) for Common Wealth Games 2010 in New Delhi
2018
Net Profits of the company crossed
₹ 1,150 million
2022
Received ISO 27001
Certification
2025
Turnover crossed
₹ 40,000 million Net Profits of the Company crossed
₹ 2,000 million
1990
The company was converted to Public Limited Company
1996
Company launched its first public issue and got listed on DSE, CSE and JSE
2005
Turnover of the company crossed ₹ 3,000 million
Received ISO 9001:2000 certification
2007
Listed on BSE
Turnover of the company crossed ₹ 5,000 million
Received ISO 14001 and 18001 certification
2009
Listed on NSE
Turnover of the company crossed ₹11,000 million
2015
Preferential allotment to promoters
2022
Turnover crossed
₹ 25,000 million
Net Profits of the company crossed
₹ 1,500 million
2023
Bagged RLDA contract for redevelopment of CST Station valuing
₹ 24,500 Mn.
5
POWERED BY
AN ENDURING VISION, MISSION AND VALUES
Our business is founded on our vision of excellence and steered by our mission
of continuous enhancement, as we move towards the next milestone in our journey.
6
UNIQUE ADVANTAGES
▶ State-of-the-art mechanized solutions offered through
excellent infrastructure
▶ In-house capabilities to ensure high quality standards
▶ Wide service portfolio offerings through robust business flow process
▶ Timely construction and delivery of projects
▶ Experienced Promoters and Strong management bandwidth with sound corporate governance
▶ Strong network of channel partners
▶ ISO 9001, ISO 14001, ISO 27001 and ISO 45001 certification
7
INDUSTRY / SECTOR OUTLOOK
The India construction market was valued at around USD 746 billion in 2025 and is projected to grow at a CAGR of ~8.6% from 2026 to 2035, potentially reaching around USD 1.70 trillion by 2035.
The industry is expected to continue its growth trajectory, reaching USD 2.13 trillion by 2030, with a CAGR of 12.1% from 2025 to 2030.
The construction industry in India is the second largest employer after agriculture, and it is therefore critical to the country's economic stability.
Construction Industry is contributing 9% share in India's GDP and it currently employs 51 Mn people in
India.
The Construction industry market in India works across 250 sub- sectors with linkages across sectors.
Indian Real Estate sector is expected to reach a market size of USD 1 Tn by 2030. Its contribution to the country's GDP is expected to be approximately 13% by 2025.
By 2030, more than 40% of the population is expected to live in urban India (33% today), creating a
demand for 25 Mn additional mid-end and affordable units.
Under National Infrastructure Pipeline (NIP), India has an investment budget of $1.4 Tn on infrastructure -24% on renewable energy, 18% on roads & highways 17% on urban infrastructure, and 12% on railways.
8
TOP 10 ONGOING PROJECTS (as on 31stDecember 2025)
Project | Order Value (₹ Mn) | Unexecuted Value (₹ Mn) |
Re-development of Chhatrapati Shivaji Maharaj Terminus (CSMT) at Mumbai | 24,500 | 20,482 |
India Jewelry Park, Mumbai | 21,570 | 21,570 |
The Dahlias DLF 5, Gurugram | 20,890 | 20,890 |
Signature Global Business Park | 13,070 | 11,947 |
DLF City Center - Downtown | 10,947 | 9,335 |
Lal Bahadur International Airport, Varanasi | 8,935 | 6,237 |
Bihar Animal Science University, Patna, Bihar | 8,902 | 2,673 |
Bihar State Tourism Development Corporation Ltd - Sitamarhi | 8,884 | 8,884 |
Whiteland Corporation Limited, Sector 103, Gurugram | 8,210 | 8,210 |
The Arbour Project DLF, Gurugram | 7,447 | 2,027 |
Projects with the unexecuted value below ~ 5% of the Order Value has not been considered above.
9
ONGOING PROJECTS
Chandigarh
Jewar
Varanasi
Sitamarhi
Ranchi
Darbhanga
Jorhat Guwahati
STATE
HIMACHAL PRADESH PUNJAB CHANDIGARH
LOCATION
Dharamshala (1)
Mohali (1)
Chandigarh (1)
Korba
Bhubaneswar
Goa
Hyderabad
DELHI NCR
HARYANA
UTTAR PRADESH
BIHAR
JHARKHAND CHHATISGARH MAHARASHTRA GOA
WEST BENGAL ASSAM
ODISHA KARNATAKA NEPAL
Delhi (4)
Gurgaon (10)
Varanasi (1)
Noida (1)
Jewar (1)
Chhapra (1)
Darbhanga (1)
Patna (1)
Sitamarhi (1)
Ranchi (1)
Korba (1)
Mumbai (5)
Goa (1)
Kolkata (3)
Bongaigaon (1)
Guwahati (2)
Bhubaneswar (3)
Bengaluru (6)
Kavre (1)
Number of projects in brackets 10
KEY CLIENTS
11
FINANCIAL HIGHLIGHTS
12
ORDER BOOK
(₹ Mn.)
Details | FY21 | FY22 | FY23 | FY24 | FY25 |
Gross Order Book | 131,150 | 130,336 | 144,646 | 197,067 | 235,390 |
Unexecuted Order Book | 72,834 | 57,918 | 81,627 | 111,799 | 157,751 |
1,97,067
2,35,390
1,11,799
1,57,751
Gross Order Book (₹ Mn.)
Unexecuted Order Book (₹ Mn.)
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
1,31,150
1,30,336
1,44,646
72,834
57,918
81,627
13
Segment Wise Unexecuted Order Book | (₹ Mn.) | Percent (%) |
Residential | 83,425 | 44.7 |
Infrastructure | 36,799 | 19.7 |
Commercial | 35,859 | 19.2 |
Hospital | 14,766 | 7.9 |
Institutional | 14,349 | 7.7 |
Hotel | 1,597 | 0.8 |
Total | 186,795 | 100.0 |
SEGMENT WISE ORDER BOOK | ||
|
Residential | 44.7 % | |
|
Infrastructure | 19.7 % | |
|
Commercial | 19.2 % | |
|
Hospital | 7.9 % | |
|
Institutional | 7.7 % | |
SECTOR WISE FOOTPRINTS |
Hotel | 0.8 % |
|
Private | 68.3 % | |
|
CG | 20.0 % | |
|
SG | 10.6% | |
|
Overseas | 1.1 % | |
Sector Wise Unexecuted Order Book | (₹ Mn.) | Percent (%) |
Private | 127,576 | 68.3 |
Central Government (CG) | 37,295 | 20.0 |
State Government (SG) | 19,838 | 10.6 |
Overseas - Government | 2,086 | 1.1 |
Total | 186,795 | 100.0 |
14
State Wise Unexecuted Order Book | (₹ Mn.) | Percent (%) |
Haryana | 69,927 | 37.4 |
Maharashtra | 52,414 | 28.1 |
Bihar | 15,342 | 8.2 |
Karnataka | 12,463 | 6.7 |
Uttar Pradesh | 11,004 | 5.9 |
West Bengal | 8,481 | 4.5 |
Assam | 3,947 | 2.1 |
Chhattisgarh | 3,417 | 1.8 |
Delhi | 3,200 | 1.7 |
Odissa | 1,684 | 0.9 |
Chandigarh | 1,249 | 0.7 |
Punjab | 594 | 0.3 |
Goa | 490 | 0.3 |
Himachal Pradesh | 327 | 0.2 |
Jharkhand | 171 | 0.1 |
Total (Domestic) | 184,709 | 98.9 |
Overseas | 2,086 | 1.1 |
Total | 186,795 | 100.0 |
OUR DIVERSIFIED REGIONAL PRESENCE
North | 46.2% |
West | 28.3 % |
East | 17.7 % |
South | 6.7 % |
Overseas | 1.1 % |
Region Wise Unexecuted Order Book | (₹ Mn.) | Percent (%) |
North | 86,300 | 46.2 |
West | 52,904 | 28.3 |
East | 33,042 | 17.7 |
South | 12,463 | 6.7 |
Overseas (Nepal) | 2,086 | 1.1 |
Total | 186,795 | 100.0 |
Delhi NCR Region Projects (as on 31 Dec 2025) - ₹ 77,893 Mn. viz. 41.7% of the Unexecuted Order Book 15
FINANCIAL HIGHLIGHTS (Standalone)
(₹ Mn.)
FYE21 | FYE22 | FYE23 | FYE24 | FYE25 | |
Income From Operations | 19,822 | 26,925 | 28,384 | 38,553 | 40,986 |
Growth (%) | 5% | 36% | 5% | 36% | 6% |
Other Income | 223 | 291 | 295 | 366 | 554 |
Total Income | 20,045 | 27,216 | 28,679 | 38,919 | 41,540 |
EBITDA | 1,542 | 2,566 | 3,042 | 3,885 | 3,418 |
EBITDA margin (%) | 7.8% | 9.5% | 10.7% | 10.1% | 8.3% |
Profit Before Exceptional Gains and Tax | 1,035 | 2,084 | 2,618 | 3,102 | 2,724 |
Exceptional Gains | - | - | - | 1,950 | - |
PAT | 772 | 1,553 | 1,942 | 3,755 | 2,015 |
PAT Margin (%) | 3.9% | 5.8% | 6.8% | 9.6% | 4.9% |
Net Worth | 8,800 | 10,365 | 12,298 | 16,021 | 18,001 |
19,822
26,925
28,384
38,553
40,986
1,542
2,566
3,042
3,885
3,418
772
1,553
1,942
2,306 *
2,015
CAGR (3 yrs) ~ 15%
CAGR (3 yrs) ~ 10%
CAGR (3 yrs) ~ 9%
PAT (₹ Mn)
EBITDA (₹ Mn)
INCOME FROM OPERATIONS (₹ Mn)
FY 21 FY 22 FY 23 FY 24 FY25
FY 21 FY 22 FY 23 FY 24
FY25
FY 21 FY 22 FY 23 FY 24 FY25
* Excluding Exceptional Gains of ₹ 1,449 Mn (Net of Tax) 16
FINANCIAL HIGHLIGHTS (Standalone) (Q3 FY 26)
Q3 FY25
Q2 FY26
Q3 FY26
11,773
10,607
Income from Operations | Q3 FY 26 10,607 | Q2FY 26 11,773 | Q3 FY 25 9,520 |
Total Income | 10,759 | 11,923 | 9,668 |
EBITDA | 960 | 1,286 | 844 |
EBITDA Margin (%) | 9.1% | 10.9% | 8.9% |
Depreciation | 262 | 223 | 180 |
Finance Cost | 114 | 149 | 145 |
Net Profit after Tax | 540 | 791 | 494 |
Net Profit Margin (%) | 5.0% | 6.6% | 5.1% |
Income from Operations (₹ Mn)
(₹ Mn.)
9,520
EBITDA (₹ Mn) & MARGIN (%) PAT (₹ Mn) & MARGIN (%)
8.9%
9.1%
Q3 FY25
Q2 FY26
Q3 FY26
10.9%
6.6%
5.1%
5.0%
Q3 FY25
Q2 FY26
Q3 FY26
844
1,286
960
791
540
NET PROFITS
494
NET PROFIT Margin
EBITDA
EBITDA Margin
17
FINANCIAL HIGHLIGHTS (Standalone) (9M FY 26)
28,828
32,429
Income from Operations | 9M FY 26 32,429 | 9M FY 25 28,828 | Growth (%) |
Total Income | 32,890 | 29,201 | 12.5% |
EBITDA | 3,109 | 2,182 | 42.5% |
EBITDA Margin (%) | 9.6% | 7.6% | |
Depreciation | 692 | 496 | |
Finance Cost | 382 | 453 | |
Net Profit after Tax | 1,842 | 1,183 | 55.6% |
Net Profit Margin (%) | 5.6% | 4.1% |
Income from Operations (₹ Mn)
(₹ Mn.)
9M FYE25
9M FYE26
9.6%
EBITDA (₹ Mn) & MARGIN (%) PAT (₹ Mn) & MARGIN (%)
9M FYE25
9M FYE26
4.1%
5.6%
9M FYE25
9M FYE26
7.6%
3,109
1,183
1,842
NET PROFITS
2,182
NET PROFIT Margin
EBITDA
EBITDA Margin
18
THANK YOU
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REGISTERED / CORPORATE OFFICE - DELHIPLOT NO. A-177,
OKHLA INDUSTRIAL AREA, PHASE - I, NEW DELHI -110020
Email: mail@acilnet.com
REGIONAL OFFICES - MUMBAI | KOLKATA | BENGALURU
AHLUWALIA CONTRACTS (INDIA) LTD.
ENGINEERING DESIGNING CONSTRUCTION
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