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Ahluwalia Contracts (India) Ltd

BSE Code : 532811 | NSE Symbol : AHLUCONT | ISIN:INE758C01029| SECTOR : Realty |

NSE BSE
 
SMC down arrow

1,202.90

-1.95 (-0.16%) Volume 7294

18-May-2024 EOD

Prev. Close

1,204.85

Open Price

1,206.00

Bid Price (QTY)

1,202.90(1)

Offer Price (QTY)

0.00(0)

 

Today’s High/Low 1,230.00 - 1,194.95

52 wk High/Low 1,276.05 - 520.00

Key Stats

MARKET CAP (RS CR) 8069.32
P/E 32.55
BOOK VALUE (RS) 198.7233468
DIV (%) 20
MARKET LOT 1
EPS (TTM) 37.01
PRICE/BOOK 6.06169340139153
DIV YIELD.(%) 0.03
FACE VALUE (RS) 2
DELIVERABLES (%) 34.88
4

News & Announcements

17-May-2024

Ahluwalia Contracts (India) announces board meeting date

16-May-2024

Ahluwalia Contracts (India) Ltd - Ahluwalia Contracts (India) Limited - Board Meeting

02-May-2024

Ahluwalia Contracts (India) Ltd - Ahluwalia Contracts (India) Limited - Disclosure under SEBI Takeover Regulations

10-Apr-2024

Ahluwalia Contracts (India) Ltd - Ahluwalia Contracts (India) Limited - Updates

17-May-2024

Ahluwalia Contracts (India) announces board meeting date

15-Mar-2024

Ahluwalia Contracts secures order for construction of sports complex in Kamrup, Assam

07-Mar-2024

Ahluwalia Contracts wins orders worth Rs 338.95 cr

03-Feb-2024

Ahluwalia Contracts (India) to convene board meeting

Corporate Actions

Bonus
Splits
Dividends
Rights
Capital Structure
Book Closure
Board Meeting
AGM
EGM
 

Financials

Income Statement

Standalone
Consolidated
 

Peers Comparsion

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Homesfy Realty Ltd 78084 HOMESFY
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Indo-Asian Food & Commodities Ltd 531674
Indo-Global Enterprises Ltd 539433
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Innovators Facade Systems Ltd 541353
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Landmark Property Development Company Ltd 533012 LPDC
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Lel Properties (India) Ltd 505330
Likhitha Infrastructure Ltd 543240 LIKHITHA
Link House Industries Ltd 512349
Lok Housing & Constructions Ltd 500256 LOKHSG
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Macrotech Developers Ltd 543287 LODHA
Madhav Infra Projects Ltd 539894
Madhuban Constructions Ltd 780009
Madhucon Projects Ltd 531497 MADHUCON
Mahesh Developers Ltd 542677
Mahindra Lifespace Developers Ltd 532313 MAHLIFE
Majestic Auto Ltd 500267 MAJESAUTO
Man Infraconstruction Ltd 533169 MANINFRA
Manas Properties Ltd 540402
Manav Infra Projects Ltd 535006 MANAV
Manjeera Constructions Ltd 533078 MANJEERA
Manor Estates & Industries Ltd 526115
Maplle Infraprojects Ltd 531200
Mapro Industries Ltd 509762
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Martin Burn Ltd 523566
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Max Heights Infrastructure Ltd 534338
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MBL Infrastructure Ltd 533152 MBLINFRA
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MEP Infrastructure Developers Ltd 539126 MEP
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MMS Infrastructure Ltd 538400
Modern Engineering and Projects Ltd 539762
Modern India Ltd 503015
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MVL Ltd 532991 MVL
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National Standard (India) Ltd 504882
Navkar Urbanstructure Ltd 531494
NCC Ltd 500294 NCC
NDR INVIT Trust 92808 NDRINVIT
Neo Infracon Ltd 514332
NESCO Ltd 505355 NESCO
New Era Urban Amenities Ltd 523431
Newtime Infrastructure Ltd 531959
Nexus Select Trust 543913 NXST
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Nila Spaces Ltd 542231 NILASPACES
Nimbus Projects Ltd 511714
Niraj Cement Structurals Ltd 532986 NIRAJ
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Noida Toll Bridge Company Ltd 532481 NOIDATOLL
Numero Uno Projects Ltd 531983
Oberoi Realty Ltd 533273 OBEROIRLTY
Omaxe Ltd 532880 OMAXE
Orbit Corporation Ltd 532837 ORBITCORP
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Oriental Infra Trust 535371 OSEINTRUST
P B A Infrastructure Ltd 532676 PBAINFRA
Pansari Developers Ltd 538381 PANSARI
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Parsvnath Developers Ltd 532780 PARSVNATH
Parth Housing & Estate Developers Ltd 526528
Patel Engineering Ltd 531120 PATELENG
Patidar Buildcon Ltd 524031
Peninsula Land Ltd 503031 PENINLAND
Phoenix Mills Ltd 503100 PHOENIXLTD
Piramal Holdings Ltd(merged) 506883 PIRAMHELTH
PNC Infratech Ltd 539150 PNCINFRA
Poddar Housing & Development Ltd 523628 PODDARHOUS
Poonam Realtors Ltd 40369
Popular Estate Management Ltd 531870
Prabhav Industries Ltd 531855
Prabhhans Industries Ltd 530361
Prajay Engineers Syndicate Ltd 531746 PRAENG
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Praveen Properties Ltd 531256
Premier Chennai Properties Ltd 780007
Premier Energy & Infrastructure Ltd 533100
Premier Housing&Industrial Enterprises Ltd (Wound) 523285
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Prerna Infrabuild Ltd 531802
Prestige Estates Projects Ltd 533274 PRESTIGE
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Prime Urban Development India Ltd 521149
PSP Projects Ltd 540544 PSPPROJECT
Punj Lloyd Ltd 532693 PUNJLLOYD
Puravankara Ltd 532891 PURVA
Purohit Construction Ltd 538993
Pushpanjali Realms & Infratech Ltd 538437 PUSHPREALM
PVP Ventures Ltd 517556 PVP
PVV Infra Ltd 536659
Quantum Build-Tech Ltd 538596
QVC Realty Co Ltd 532126 QVC
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Radhe Developers (India) Ltd 531273
Raghava Estates & Properties Ltd 531627
Raghunath International Ltd 526813
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Raja Bahadur International Ltd 503127
Rajeswari Infrastructure Ltd 526823
Rajparis Civil Constructions Ltd 40307
Rajsanket Realty Ltd 512409
Ramky Infrastructure Ltd 533262 RAMKY
Rap Media Ltd 531583
Ratnabhumi Developers Ltd 540796
Ravinder Heights Ltd 543251 RVHL
RBM Infracon Ltd 77929 RBMINFRA
RDB Realty & Infrastructure Ltd 533285
Regaliaa Realty Ltd 530807
Relstruct Buildcon Ltd 540426
Rhutu Udyog (India) Ltd 531788
Richa Industries Ltd 532766
Ridhi Synthetics Ltd 504365
RKEC Projects Ltd 535017 RKEC
Rockline Projects Ltd 531704
Rodium Realty Ltd 531822
Roselabs Finance Ltd 531324
RPP Infra Projects Ltd 533284 RPPINFRA
RPP Infra Projects Ltd Partly Paidup 890158 RPPINFRPP
RRIL Ltd 531307
RTCL Ltd 531552
Rudra Gas Enterprise Ltd 544121
S & T Corporation Ltd 514197
S I Property Development Ltd (Wound-up) 523580
S V Global Mill Ltd 535621
SAAG RR Infra Ltd 531374
SAB Industries Ltd 539112
Sadbhav Engineering Ltd 532710 SADBHAV
Sadbhav Infrastructure Projects Ltd 539346 SADBHIN
Sagar Real Estate Developers Ltd (Merged) 523866 SAGARESTAT
Salasar Exteriors & Contour Ltd 535346 SECL
Sam Industries Ltd 532005 SAMINDUS
Samor Reality Ltd 543376
Samruddhi Realty Ltd 535466
Sanathnagar Enterprises Ltd 509423 BAKELHYLAM
Sangotri Construction Ltd 40623
Sanmar Properties & Investment Ltd 40305
Sashwat Technocrats Ltd 506313
Satchmo Holdings Ltd 533202 NITESHEST
Satra Properties (India) Ltd 508996
SBL Infratech Ltd 543366
Setubandhan Infrastructure Ltd 533605 SETUINFRA
Shah Construction Company Ltd 509870
Shaival Reality Ltd 532593 SHAIVAL
Shalin Hotels Ltd 526275
Shantidoot Infra Services Ltd 543598
Shashijit Infraprojects Ltd 540147
Shervani Industrial Syndicate Ltd 526117
Shraddha Prime Projects Ltd 531771
Shradha Infraprojects Ltd 535035 SHRADHA
Shree Krishna Infrastructure Ltd 542146
Shree Precoated Steels Ltd 533110 SHPRE
Shree Ram Urban Infrastructure Ltd 503205
Shreeshay Engineers Ltd 541112
Shrem InvIT 535398 SHREMINVIT
Shri Krishna Devcon Ltd 531080
Shricon Industries Ltd 508961
Shriram Properties Ltd 543419 SHRIRAMPPS
Shristi Infrastructure Development Corporation Ltd 511411 PEERABASAN
Shukra Jewellery Ltd 523790 SHUKRADIAM
Shukun Construction Ltd 531715
SignatureGlobal India Ltd 543990 SIGNATURE
Sikozy Realtors Ltd 524642
Silveroak Commercial Ltd 512197
Simplex Infrastructures Ltd 523838 SIMPLEXINF
Simplex Projects Ltd 532877 SIMPLEX
Simplex Realty Ltd 503229
SKIL Infrastructure Ltd 539861 SKIL
Skyline Millars Ltd 505650
SM Dyechem Ltd 500391 SMDYECHEM
Sneh Constructions Ltd(Merged) 508912
Sobha Ltd 532784 SOBHA
Sonu Infratech Ltd 535448 SONUINFRA
Southern Shelters Ltd 523774
Southern Township Promoters Ltd (Wound-up) 526083
SPML Infra Ltd 500402 SPMLINFRA
Square Four Projects India Ltd 526532
Sri Krishna Constructions (India) Ltd 539363
SRM Contractors Ltd 544158 SRM
SSPDL Ltd 530821
Steadfast Corporation Ltd 40517
Steel Strips Infrastructures Ltd 513173
Stewarts & Lloyds of India Ltd 504960
Sumit Woods Ltd 535107 SUMIT
Sunstar Realty Development Ltd 535141
Sunteck Realty Ltd 512179 SUNTECK
Supreme Holdings & Hospitality Ltd 530677
Suraj Estate Developers Ltd 544054 SURAJEST
Suratwwala Business Group Ltd 543218 SBGLP
Surya India Ltd 539253
Suvidha Infraestate Corporation Ltd 531640
Suyog Gurbaxani Funicular Ropeways Ltd 543391
SVS Ventures Ltd 543745
Swadeshi Polytex Ltd 503816
Swasti Vinayaka Art & Heritage Corporation Ltd 512257
Tantia Constructions Ltd 532738 TCLCONS
TARC Ltd 543249 TARC
Tarmat Ltd 532869 TARMAT
Tata Construction & Projects Ltd 505252
Tatia Global Venture Ltd 521228
TCC Concept Ltd 512038
TCI Developers Ltd 533393 TCIDEVELOP
Techindia Nirman Ltd 526576 TECHIN
Techno Electric & Engineering Company Ltd (Merged) 533281 TECHNO
Teerth Gopicon Ltd 92762 TGL
Terraform Magnum Ltd 506162
Terraform Realstate Ltd 512157
Texmaco Infrastructure & Holdings Ltd 505400 TEXINFRA
Thakkers Developers Ltd 526654
Tirupati Sarjan Ltd 531814
Tivoli Construction Ltd 511096
Trescon Ltd 532159
Tribhuvan Housing Ltd 531703
Trident Projects Ltd 526626
Trinethra Infra Ventures Ltd 590091
Tulive Developers Ltd 505285
Turnkey International Ltd (Wound-up) 507821
Udayshivakumar Infra Ltd 543861 USK
Unique Estates Development Co. Ltd 508800
Unitech Ltd 507878 UNITECH
Unity Infraprojects Ltd 532746 UNITY
Univastu India Ltd 538442 UNIVASTU
UTL Industries Ltd 500426
V R Infraspace Ltd 92357 VR
Vaghani Techno-Build Ltd 531676
Valecha Engineering Ltd 532389 VALECHAENG
Valor Estate Ltd 533160 DBREALTY
Vas Infrastructure Ltd 531574
Vascon Engineers Ltd 533156 VASCONEQ
Veer Energy & Infrastructure Ltd 503657
Veer Global Infraconstruction Ltd 543241
Venus Power Ventures (India) Ltd 531874
Vibrant Investment & Properties Ltd (Wound-up) 531222 VIBRANTINV
Victoria Enterprises Ltd 506103
Victoria Mills Ltd 503349
Vijay Shanthi Builders Ltd 523724 VIJSHAN
Vindhya Telelinks Ltd 517015 VINDHYATEL
Vipul Ltd 511726 VIPULLTD
Vir Developers Ltd 531803
Virya Resources Ltd 512479
Vishnu Prakash R Punglia Ltd 543974 VPRPL
Vishvas Projects Ltd 511276
Vishvprabha Ventures Ltd 512064
VKJ Infradevelopers Ltd 536128
VSD Confin Ltd 531696
VSF Projects Ltd 519331
W S Industries (India) Ltd 504220 WSI
Wall Street Construction Ltd 512143
Warden Construction & Finance Ltd 512269
Welspun Enterprises Ltd 532553 WELENT
Yaan Enterprises Ltd 538521
Yash Innoventures Ltd 523650
Yogi Infra Projects Ltd 522209
Yogi Ltd 511702
Yuranus Infrastructure Ltd 536846
Zandu Realty Ltd(Merged) 506720 ZANDUREALT
Zodiac Ventures Ltd 503641
ZR Infra Ltd 40633

Share Holding

Category No. of shares Percentage
Total Foreign 9114031 13.61
Total Institutions 17442199 26.04
Total Govt Holding 0 0.00
Total Non Promoter Corporate Holding 207404 0.31
Total Promoters 37055977 55.32
Total Public & others 3167949 4.73
Total 66987560 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

About Ahluwalia Contracts (India) Ltd

Having commenced operations in 1965 as an EPC company, Ahluwalia Contracts (India) Ltd was incorporated on June 2, 1979, which acquired the business of four partnership firms engaged in construction in July, 1979 and consequently became a Public Limited Company in September, 1990. The Company is primarily engaged in the business of civil construction activities. The Company has diversified into developing and operating commercial complex under license arrangement and is also engaged in the real estate trading business. The Company is one of India's leading, integrated construction companies. The Company's high-end project portfolio encompasses projects across residential and commercial complexes, hotels, institutional buildings, hospitals and corporate offices, IT parks and industrial complexes, Metro Station and Depot, power plants, automated car parking lots, etc. In 1992, Company completed the Chancery building for the High Commission of India, Delhi. During the year 1995-96, the company signed a MoU with Leonhard Weiss GmbH & Co, Germany for a joint venture. In the year 1998, the company completed the construction of Goa legislative assembly project and in the year 1999, they completed the construction of Signature Tower complex project at Gurgaon and phase-I of Apollo Hospital project at Kolkata. In the year 2000, they completed the corporate house construction of the Apollo Tyres Ltd in Gurgaon. In the year 2002, the company completed the office building for Asian Development Bank at New Delhi and factory building of Moser Baer Ltd at Noida. They also completed the construction of five-star hotel namely, Sonar Bangala for ITC Hotels Ltd. In the year 2003, they developed in-house plumbing division to undertake complete marketing, commercial scrutiny, costing, designing and system engineering. Also, they executed some prestigious projects, which include, ITC Grand Central Hotel, Mumbai, DPS International School, New Delhi and Corporate office for Xansa India Ltd, Noida. In May 2004, the company ventures into the RMC business by establishing a plant in Loni. In the year 2005, they completed the construction of Pitampura, Rohini East and Rohini West stations for Delhi Metro Rail Corporation. During the year 2006-07, the company completed the some of the major projects, which include, Artemis Health Institute at Gurgaon, Singapore Embassy, Hotel Scope, Corporate Office Building for SEBI, Ansal Plaza at Noida, Ansal Plaza at Gurgaon, Leela Hotel at Bangalore and Inorbit Mall at Mumbai. In May 2007, the company bagged three civil constructions contracts worth Rs 90 crore from Reliance Communication ADAG for civil and structural work of corporate office, Saluja Construction Co Ltd for construction of 'The Verandas' premium Residential Complex at Gurgaon and Agilent Technologies for construction of IT campus at IMT Manesar, Haryana. In July 2007, the company entered in the field of construction on DBOT / PPP Model. They bagged the DBOT project for construction of model Bus Terminal with Commercial Complex at Kota in Rajasthan. Also they bagged 4 new civil construction projects worth Rs 130 crore. In August 2007, the company received new orders from various companies, which include Jaypee Greens at Greater Noida, Government of India CPWD, IDBI Project Division (Civil) at Mumbai and Welldone Technology Parks Development Pvt Ltd at Gurgaon. Also, they received Letter of Intent for construction contract of Commonwealth Games 2010 Village Residential project from Emaar MGF Construction Pvt Ltd. In April 2008, the company bagged new contracts, which include construction work at Aluminium Smelter Project at Jharsuguda in Orissa of Vedanta Aluminium Ltd, construction of a 5 star hotel for Hotel Leelaventure Ltd in Delhi, construction of Residential Apartments cum Club House in Chennai, construction of IT Park for Ansal API in Greater Noida, construction work at Elphinston Mills of Indiabulls Properties Ltd, construction of office complex for Mudra Communications in Mumbai and construction and piling work of IT Campus in Kolkata. The total worth of these contracts is Rs 354 crore. In May 2008, the company received six orders aggregating to Rs 316 crore. In June 2008, they received the projects namely Institutional Building at Kundli from NBCC, Office Building for IDBI at Bandra- Kurla Complex, Mumbai, Housing Project at Noida from Assotech Ltd, Internal Electrical Works at Radisson Hotel, Jaipur, from Serveall Land Developers Pvt. Ltd, Office Building for Punjab National Bank at Bandra-Kurla Complex Mumbai and Housing Project at Gurgaon from Emaar MGF. These orders expected to be executed over the next 24 months. The company acquired 100% equity capital of Ahlcon Ready Mix Concrete Pvt Ltd and made the company as a wholly owned subsidiary company with effect form July 1, 2008. They are in the process of transferring their RMC division to the new company. The company acquired 50000 equity shares from five private limited companies in Kolkata namely, Premsagar Merchants Pvt Ltd, Splendor Distributors Pvt Ltd, Paramount Dealcomm Pvt Ltd, Jiwan Jyoti Traders Pvt Ltd and Dipesh Mining Pvt Ltd with effect form August 1, 2008.

Ahluwalia Contracts (India) Ltd Chairman Speech

Chairman's Message

Our goals are clearly defined - to get smarter and bigger as we take on the huge opportunity challenge resulting from the transformation that is visible on the Indian landscape

Dear Stakeholders

I write you at a very important juncture in our journey. Having successfully bounced back into the profitability zone after two tough years of battling a depressed economic environment, we are now at the threshold of a new wave of growth. Our goals are clearly defined – to get smarter and bigger as we take on the huge opportunity challenge resulting from the transformation that is visible on the Indian landscape.

A nation in the grip of urbanisation

The inflection point in our journey coincides with the urbanisation wave that is sweeping the nation. Just a few weeks back, the new Government unveiled a plethora of initiatives in the Union Budget to boost infrastructure development in the urban areas of the country. On the anvil are a series of measures to boost investment, ease policy norms, relax FDI regulations, build new-age affordable housing and high-profile educational institutions, and generally create an environment favourable for the enhancement of urban life.

The mood in the construction industry, which is directly linked to growth in urban infrastructure, is positive. After a period of de-growth resulting from a policy paralysis and slow rate of project approval, things are finally beginning to look up on the construction front. And, as a leading, integrated construction player, we stand at the helm of this change, ready to take on the multitude of opportunities thrown up by the transforming industry and business environment.

An endorsement of our intrinsic strengths

After 40 years of consistent growth, your Company suddenly found itself plunged into gloom two years back. The last two years proved to be detrimental to our operational and financial performance as we battled a spate of challenges, including volatility in the global environment, slowdown in domestic reforms and hurdles to sectoral growth arising from regulatory decisions and poor sentiment. The consequential inflation, low GDP growth and high interest rate regime that prevailed in the market threw us into despair, causing profitability to dip and decline in sales.

What helped us come out of this challenging situation was a series of strategic interventions that ensured that we were back on the track for growth. The Board approved infusion of around Rs. 50 Crores through Preferential Allotment and we also went in for completion of loss contracts/ withdrawal from contracts with estimated loss. Sale of non-core assets to increase the Company’s cash flow, streamlining of the contracting policy, installation of a high-level committee to regularly review and monitor projects, coupled with manpower planning and cost control measures, enabled us to pull back out of the red.

Unlike many of our peers, we chose not to go in for CDR – a decision that stood us in good stead as it led to a churning which saw reduced competition and improvement in our margins.

In a strategic shift, we have also reduced exposure to the more risk-prone private sector contracts, which shall help us deliver on our promise to grow faster and better through a smarter approach and business model.

The numbers get bigger

A Rs. 3,20,829 lacs order book (as of 15th July 2014) stands testimony to the success of our growth strategy. With 48% of this coming from the public sector, in line with our restructured approach, and greater focus on high margin projects, we expect higher EBIDTA and PAT margins to flow in over the next two years. The margins stood at 6.18% and 2.26% respectively for FY 2013-14, with a total growth of 31% over the previous fiscal.

Moving ahead, smartly

The tough times are definitely behind us, and what lies ahead is a period of getting smarter and bigger, as we move towards garnering a bigger chunk of the growth potential unleashed by the ongoing urbanisation drive. The opportunities are humungous and, backed by the vision of our promoters, the support of our stakeholders and partners and the commitment of our people, we are confident of making the most of the same. The US$ 1 trillion investment in infrastructure targeted in 12th FYP, 50% of it from the private sector, opens up wide vistas for our growth, going forward.

With strong growth drivers in place in the economy, and the push that the infrastructure sector has got in the budget proposals, the construction industry is on the way to expand and grow in a big way in the coming years.

For ACIL, this offers opportunities of the kind not envisaged before. The two tough years that we faced inspired us to learn the smart way of approaching growth and addressing opportunities. It has taught us the ideal approach to reinforce our presence across diverse sectors while foraying into new areas of growth.

With our eyes firmly fixed on becoming the industry leader, and focus clearly on high margin Government projects, we are set to create new benchmarks in excellence and quality by building new-age infrastructure that will transform the face of India.

Affordable housing shall be high on our growth agenda and we plan to introduce high-tech precast construction Russian Technologies for affordable and mass housing, for which we have already established a strong technical collaboration.

The government plans to set up more IITs and IIMs is another opportunity area that we shall explore aggressively, as we chart our future growth.

On a concluding note

While this may be the conclusion of my message, let me assure you that what we are looking at is actually the beginning of an exciting new chapter in our growth odyssey. With the continuing support of all our stakeholders, to whom we owe much of the success of our strategy, and guided by our visionary promoters, we have embarked on the next phase of progress and expansion , which shall lay the foundation for your Company to get bigger, and of course smarter.

Yours Sincerely

Bikramjit Ahluwalia

Chairman & Managing Director

   

Ahluwalia Contracts (India) Ltd Company History

Having commenced operations in 1965 as an EPC company, Ahluwalia Contracts (India) Ltd was incorporated on June 2, 1979, which acquired the business of four partnership firms engaged in construction in July, 1979 and consequently became a Public Limited Company in September, 1990. The Company is primarily engaged in the business of civil construction activities. The Company has diversified into developing and operating commercial complex under license arrangement and is also engaged in the real estate trading business. The Company is one of India's leading, integrated construction companies. The Company's high-end project portfolio encompasses projects across residential and commercial complexes, hotels, institutional buildings, hospitals and corporate offices, IT parks and industrial complexes, Metro Station and Depot, power plants, automated car parking lots, etc. In 1992, Company completed the Chancery building for the High Commission of India, Delhi. During the year 1995-96, the company signed a MoU with Leonhard Weiss GmbH & Co, Germany for a joint venture. In the year 1998, the company completed the construction of Goa legislative assembly project and in the year 1999, they completed the construction of Signature Tower complex project at Gurgaon and phase-I of Apollo Hospital project at Kolkata. In the year 2000, they completed the corporate house construction of the Apollo Tyres Ltd in Gurgaon. In the year 2002, the company completed the office building for Asian Development Bank at New Delhi and factory building of Moser Baer Ltd at Noida. They also completed the construction of five-star hotel namely, Sonar Bangala for ITC Hotels Ltd. In the year 2003, they developed in-house plumbing division to undertake complete marketing, commercial scrutiny, costing, designing and system engineering. Also, they executed some prestigious projects, which include, ITC Grand Central Hotel, Mumbai, DPS International School, New Delhi and Corporate office for Xansa India Ltd, Noida. In May 2004, the company ventures into the RMC business by establishing a plant in Loni. In the year 2005, they completed the construction of Pitampura, Rohini East and Rohini West stations for Delhi Metro Rail Corporation. During the year 2006-07, the company completed the some of the major projects, which include, Artemis Health Institute at Gurgaon, Singapore Embassy, Hotel Scope, Corporate Office Building for SEBI, Ansal Plaza at Noida, Ansal Plaza at Gurgaon, Leela Hotel at Bangalore and Inorbit Mall at Mumbai. In May 2007, the company bagged three civil constructions contracts worth Rs 90 crore from Reliance Communication ADAG for civil and structural work of corporate office, Saluja Construction Co Ltd for construction of 'The Verandas' premium Residential Complex at Gurgaon and Agilent Technologies for construction of IT campus at IMT Manesar, Haryana. In July 2007, the company entered in the field of construction on DBOT / PPP Model. They bagged the DBOT project for construction of model Bus Terminal with Commercial Complex at Kota in Rajasthan. Also they bagged 4 new civil construction projects worth Rs 130 crore. In August 2007, the company received new orders from various companies, which include Jaypee Greens at Greater Noida, Government of India CPWD, IDBI Project Division (Civil) at Mumbai and Welldone Technology Parks Development Pvt Ltd at Gurgaon. Also, they received Letter of Intent for construction contract of Commonwealth Games 2010 Village Residential project from Emaar MGF Construction Pvt Ltd. In April 2008, the company bagged new contracts, which include construction work at Aluminium Smelter Project at Jharsuguda in Orissa of Vedanta Aluminium Ltd, construction of a 5 star hotel for Hotel Leelaventure Ltd in Delhi, construction of Residential Apartments cum Club House in Chennai, construction of IT Park for Ansal API in Greater Noida, construction work at Elphinston Mills of Indiabulls Properties Ltd, construction of office complex for Mudra Communications in Mumbai and construction and piling work of IT Campus in Kolkata. The total worth of these contracts is Rs 354 crore. In May 2008, the company received six orders aggregating to Rs 316 crore. In June 2008, they received the projects namely Institutional Building at Kundli from NBCC, Office Building for IDBI at Bandra- Kurla Complex, Mumbai, Housing Project at Noida from Assotech Ltd, Internal Electrical Works at Radisson Hotel, Jaipur, from Serveall Land Developers Pvt. Ltd, Office Building for Punjab National Bank at Bandra-Kurla Complex Mumbai and Housing Project at Gurgaon from Emaar MGF. These orders expected to be executed over the next 24 months. The company acquired 100% equity capital of Ahlcon Ready Mix Concrete Pvt Ltd and made the company as a wholly owned subsidiary company with effect form July 1, 2008. They are in the process of transferring their RMC division to the new company. The company acquired 50000 equity shares from five private limited companies in Kolkata namely, Premsagar Merchants Pvt Ltd, Splendor Distributors Pvt Ltd, Paramount Dealcomm Pvt Ltd, Jiwan Jyoti Traders Pvt Ltd and Dipesh Mining Pvt Ltd with effect form August 1, 2008.

Ahluwalia Contracts (India) Ltd Directors Reports

Ahluwalia Contracts (India) Ltd Company Background

Bikramjit AhluwaliaBikramjit Ahluwalia
Incorporation Year1979
Registered OfficeA-177 Okhla Industrial Area,Phase-I
New Delhi,New Delhi-110020
Telephone91-11-49410502 517 & 599,Managing Director
Fax91-11-49410553/49410575
Company Secretary
AuditorAmod Agrawal & Associates
Face Value2
Market Lot1
ListingBSE,Kolkata,MSEI ,NSE,
RegistrarLink Intime India Pvt Ltd
Narang Tower,44 Community Centre,Naraina Ind Area,New Delhi-110028

Ahluwalia Contracts (India) Ltd Company Management

Director NameDirector DesignationYear
Bikramjit AhluwaliaChairman & MD & CEO2023
Shobhit UppalE D & Wholetime Director2023
Vikas AhluwaliaE D & Wholetime Director2023
SANJIV SHARMAE D & Wholetime Director2023
Arun K GuptaIndependent Non Exe. Director2023
Sushil ChandraIndependent Non Exe. Director2023
Rajendra Prasad GuptaIndependent Non Exe. Director2023
Sheela BhideIndependent Non Exe. Director2023

Ahluwalia Contracts (India) Ltd Listing Information

Listing Information
BSESMALLCA
BSEALLCAP
INDUSTRIAL
NFTMICC250
NFTYTOTMKT

Ahluwalia Contracts (India) Ltd Finished Product

Product NameUnit Installed
Capacity
Production
Quantity
Sales
Quantity
Sales
Value
Contract ReceiptsRs.0001720.3501
Panel, Battery & Battery ChargNA00031.8331
Powder Coated racewayMtr0000
RacewayNA0000
Tap of Box 63A FP MCCBSet0000
Lease rental incomeNA0000
Sale of ScrapNA0000
Ready Mix ConcreteCuM0000
FlatsNA0000
CementMT0000
DG SetNA0000
Plastic GranulesKg0000
PanelsNA0000
3 Phase/4 Wire/50 c/s VoltsMT0000
3.5c * 300 sqmm XL PE AL CableMtr0000
3.5c * 400 sqmm XL PE AL CableMtr0000
3.5c 8 240 sqmm XL PE AL CableMtr0000
Cable 3.5 core * 240 sqmmMtr0000
Cable 3.5 core * 400 sqmmMtr0000
Cable 4 core * 16 sqmmMtr0000
Cable 4 core * 25 sqmmMtr0000
Cable 4 core * 4 sqmmMtr0000
PumpsNA0000
Fans - Wall MounedNo0000
Air Circulating FanNo0000
ChillersNA0000
UPS SystemsNA0000
Mobile type Sub StationNo0000
TransformersNA0000
Transformers 150 KVA Type - ASet0000
Transformers 3000KVASet0000
Lighting FixtureNA0000
Lighting Fixture TMS-122No0000
Lighting Fixtures-TKC-24/236No0000
Lighting Protection SystemNo0000
Load Break SwitchesNo0000
Street Light Fixtures-SGP-338/No0000
CablesNA0000
Earth Electro Copp Length 3mtrSet0000
Cable TrayMtr0000
DB & MCBNA0000
FT Weld shop Panel 2Set0000
GI Ladder type CableTray1000mmMtr0000
OthersNA0000
Capacitor Panel 500 KVARECH0000
HT Panel 33KV Indoor TypeSet0000
LT PCC PanelSet0000
Main LT PanelsSet0000
Other Traded GoodsNA0000
Sale Real Estate StockNA0000

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