Ahluwalia Contracts (India) Ltd. (ACIL) announced its Q3 FY26 results, reporting a Total Income of ₹10,759 Million and EBITDA of ₹960 Million for the quarter. The company continues to demonstrate strong growth momentum, with its Unexecuted Order Book standing at ₹186,795 Million as of December 31, 2025. Residential and Infrastructure segments dominate the order book, with the North region accounting for the largest geographical share at 46.2%.
Q3 FY26 Performance Highlights
Ahluwalia Contracts (India) Ltd. (ACIL) presented its results for the third quarter of the Financial Year 2026. For Q3 FY26, the company recorded a Total Income of ₹10,759 Million and an EBITDA of ₹960 Million, translating to an EBITDA Margin of 9.1%. Net Profit After Tax for the quarter stood at ₹540 Million, with a Net Profit Margin of 5.0%.
Comparing performance over nine months (9M FY26), Income from Operations reached ₹32,429 Million, reflecting a significant year-over-year growth of 12.5% compared to 9M FY25 (₹28,828 Million). Consequently, EBITDA grew by 42.5% to ₹3,109 Million, and Net Profit After Tax surged by 55.6% to ₹1,842 Million.
Robust Order Book Position (As of Dec 31, 2025)
ACIL maintains a strong pipeline, with the Unexecuted Order Book valued at ₹186,795 Million as of December 31, 2025. Year-to-Date (YTD) Order Inflows for FY26 were substantial at ₹95,625 Million.
The company’s historical order book growth shows consistency, with the Gross Order Book reaching ₹235,390 Million in FY25 (a YoY Growth of ~19% over FY24), and the Unexecuted Order Book reaching ₹157,751 Million in FY25 (a YoY Growth of ~41% over FY24).
Order Book Classification by Segment
The Unexecuted Order Book is dominated by the Residential sector, contributing 44.7% (₹83,425 Mn). This is closely followed by Infrastructure at 19.7% (₹36,799 Mn) and Commercial at 19.2% (₹35,859 Mn).
Order Book Classification by Sector
The majority of the order book is with the Private sector, accounting for 68.3% (₹127,576 Mn). Central Government (CG) projects constitute 20.0%.
Geographical Presence
Regionally, the concentration is heavily skewed towards the North region, which holds 46.2% (₹86,300 Mn) of the Unexecuted Order Book, followed by the West at 28.3% (₹52,904 Mn). At the state level, Haryana leads with 37.4% of the domestic book.
Top 10 Ongoing Projects Snapshot
The top 10 ongoing projects underscore ACIL’s focus on large-scale landmark developments. The largest project by Order Value is the Re-development of Chhatrapati Shivaji Maharaj Terminus (CSMT) at Mumbai, valued at ₹24,500 Mn. Other significant projects include the India Jewelry Park, Mumbai (₹21,570 Mn) and The Dahlias DLF 5, Gurugram (₹20,890 Mn). The company notes that it currently has 48 Ongoing Projects across 15 States and 1 Project Overseas.
Company Overview and Strengths
ACIL is characterized as a well-established integrated construction company with five decades of expertise in infrastructure development, offering turnkey solutions in Engineering, Design, and Construction. Key advantages highlighted include State-of-the-art mechanized solutions, in-house capabilities for quality control, and timely project delivery. The company’s historical journey points to consistent growth, with turnover crossing ₹40,000 Million in FY25.
Source: BSE
