Ahlada Engineers Ltd
NSE: AHLADAMetal
Incorporated in 2005, Ahlada Engineers Ltd manufactures steel doors, windows, and clean room equipment.[1]
₹41.4
52W: ₹31.2 — ₹81
PE 25.8 · Book ₹107 · -61% vs bookMarket Cap₹53.5 Cr
Stock P/E25.8Price to Earnings
ROCE6.03%Return on Capital
ROE2.68%Return on Equity
Div. Yield3.86%Face Value ₹10
Strengths
- +Stock is trading at 0.39 times its book value
- +Stock is providing a good dividend yield of 3.90%.
- +Company has been maintaining a healthy dividend payout of 35.5%
Weaknesses
- −Company has low interest coverage ratio.
- −The company has delivered a poor sales growth of 3.64% over past five years.
- −Company has a low return on equity of 5.70% over last 3 years.
- −Contingent liabilities of Rs.23.8 Cr.
- −Company has high debtors of 204 days.
- −Working capital days have increased from 126 days to 196 days
Shareholding Pattern
Promoters49.3%
FIIs0%
DIIs0%
Public50.7%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 49.3% | 49.3% | 49.3% | 49.3% | 49.3% | 49.3% | 49.3% | 49.3% |
| FIIs | 0.02% | 0%▼0.0 | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.07% | 0%▼0.1 | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 50.61% | 50.7%▲0.1 | 50.7% | 50.7% | 50.7% | 50.7% | 50.7% | 50.7% |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 71.78 | 39.82 | 109.74 | 41.45 | 26.12 | 93.63 | 38.37 | 27.33 | 23.66 | 24.2 |
| Expenses | 63.47 | 31.59 | 95.77 | 34.87 | 21.46 | 77.48 | 33.62 | 22.89 | 19.85 | 20.12 |
| Operating Profit | 8.31 | 8.23 | 13.97 | 6.58 | 4.66 | 16.15 | 4.75 | 4.44 | 3.81 | 4.08 |
| OPM % | 11.58% | 20.67% | 12.73% | 15.87% | 17.84% | 17.25% | 12.38% | 16.25% | 16.1% | 16.86% |
| Net Profit | 2.74 | 2.66 | 6.56 | 1.87 | 0.52 | 2.73 | 0.97 | 0.58 | 0.32 | 0.2 |
| EPS ₹ | 2.12 | 2.06 | 5.08 | 1.45 | 0.4 | 2.11 | 0.75 | 0.45 | 0.25 | 0.15 |
AI Insights
Revenue Trend
TTM revenue at ₹114Cr, down 13.6% YoY. OPM at 15%.
Debt Position
Borrowings at ₹37Cr. Debt-to-equity ratio: 0.30x. Healthy balance sheet.
Institutional Flow
DIIs: 0% (-0.85pp change). FIIs: 0% (-6.20pp change). Promoters hold 49.3%.
Margin & Efficiency
ROCE declining from 8% (Mar 2012) to 6% (Mar 2025). Working capital days: 196.
Valuation
PE 25.8x with 6.03% ROCE. Price is -61% above book value of ₹107. Dividend yield: 3.86%.
Recent Announcements
- Disclosure under SEBI Takeover Regulations 4 May 2026 - Promoter/PAC disclosed no new share encumbrance for FY ended 31 March 2026.
- Disclosure of material issue 18 April 2026 - Ahlada Engineers approved Dubai subsidiary incorporation with up to AED 1,000,000 investment.
- Certificate under SEBI (Depositories and Participants) Regulations, 2018 13 April 2026 - Submitted non-applicability certificate under Regulation 74(5) for quarter ended 31 March 2026.
- Trading Window 30 March 2026 - Trading window closed 01-Apr-2026 until 48 hours after audited FY2026 results; board meeting date to be intimated.
- Copy of Newspaper Publication 17 February 2026 - Unaudited financial results for quarter and nine months ended 31 Dec 2025 published 15 Feb 2026.
- Financial Year 2025 from nse
- Financial Year 2024 from nse
- Financial Year 2023 from nse