Ahluwalia Contracts Q4 Results Review - Impacted From One-Off: IDBI Capital

"NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..IDBI Capital Report.Ahluwalia Contract India Ltd.'s Q4 FY24 Ebitda came lower than our and consensus estimates by 13%. This was due to lower Ebitda margin at 9% versus 12.8% YoY, impacted from election related impact and shortage of labour. Revenue increase was healthy at 35% YoY. Margin is guided by Ahluwalia Contracts to be more than 10% in FY25E. Ahluwalia Contract’s consistency in order win has continued. After winning orders of Rs 55 billion in FY24, Ahluwalia Contract is level-one in orders of Rs 40 billion and guides to close FY25 with order inflow of Rs 70 billion plus. We retain Buy rating on the stock with target price of Rs 1,412, valued at 25 times FY26E EPS. Company order book of Rs 112 billion (2.9 times trailing twelve months revenue), with Government: Private orders at 65:35, company plans to further improve private orders and maintain Public : Private ratio at 50:50..Click on the attachment to read the full report:.Cummins, Brigade Enterprises, Lemon Tree, KNR Constructions, Ahluwalia Contracts Q4 Review: HDFC Securities .DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

Ahluwalia Contracts Q4 Results Review - Impacted From One-Off: IDBI Capital

PAT stood at Rs 1.9 billiion +177% YoY, PAT was higher due to one offs received as arbitration settlement added in exceptional Items

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Ahluwalia Contracts Q4 Results Review - Impacted From One-Off: IDBI Capital

PAT stood at Rs 1.9 billiion +177% YoY, PAT was higher due to one offs received as arbitration settlement added in exceptional Items

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