Ahluwalia Contracts Approves Merger of 5 Subsidiaries; Q3 FY26 PAT Rises 9% YoY to ₹54.02 Crore

New Delhi, February 14, 2026: Ahluwalia Contracts (India) Limited (BSE: 532811; NSE: AHLUCONT) has approved the amalgamation of five wholly owned subsidiaries with the company and reported steady earnings growth for the quarter ended December 31, 2025. The Board meeting commenced at 4:00 PM IST and concluded at 5:30 PM IST.
Alongside the restructuring approval, the company announced its unaudited standalone and consolidated financial results for Q3 FY26 and nine months FY26.

Q3 FY26 Standalone Performance​

The company delivered double-digit growth in revenue and profit on a year-on-year basis.

Quarterly Financial Summary (Standalone)​

Quarter-on-quarter, revenue moderated from ₹1,17,729.94 lakh in Q2 FY26, while PAT stood at ₹7,905.22 lakh in the preceding quarter.

Nine Months FY26 Standalone Performance​

For the nine months ended December 31, 2025:
The company maintained consistent execution momentum across core construction activities.

Consolidated Q3 FY26 Performance​

On a consolidated basis, the numbers remained largely aligned with standalone results.
For nine months FY26, consolidated PAT stood at ₹18,384.22 lakh.

Segment Performance (Standalone – Q3 FY26)​

Contract execution continues to dominate the revenue mix.

Board Approves Amalgamation of Five Wholly Owned Subsidiaries​

The Board approved a Scheme of Amalgamation of the following wholly owned subsidiaries:

• Dipesh Mining Private Limited
• Jiwanjyoti Traders Private Limited
• Paramount Dealcomm Private Limited
• Premsagar Merchants Private Limited
• Splendor Distributors Private Limited

Key Highlights of the Scheme​

• No cash consideration involved
• No equity shares to be issued
• No change in shareholding pattern
• No dilution of capital
• No change in management control

Shareholding Pattern – Pre and Post Scheme​

The restructuring is aimed at simplifying corporate structure, consolidating assets and improving operational efficiency while reducing administrative overheads.

Re-Appointment of Key Executives​

The Board approved the re-appointment of:

• Mr. Shobhit Uppal as Deputy Managing Director for five years from April 1, 2026
• Mr. Vikas Ahluwalia as Whole Time Director for five years from April 1, 2026

Both appointments are subject to shareholder approval at the upcoming Annual General Meeting.

Balance Sheet Snapshot (Standalone as of September 30, 2025)​

• Paid-up Share Capital: ₹1,339.75 lakh
• Reserves & Surplus: ₹1,91,269.66 lakh
• Net Worth: ₹1,92,609.41 lakh

The company continues to maintain a strong balance sheet base with a net worth exceeding ₹1,900 crore.

About Ahluwalia Contracts (India) Limited​

Ahluwalia Contracts (India) Limited is a listed Engineering, Procurement and Construction company engaged in construction of residential, commercial and institutional buildings, IT parks, townships, hospitals, hotels, metro stations, metro depots and other urban infrastructure projects. The company also undertakes BOT projects and real estate development activities.
The equity shares of the company are listed on BSE and NSE.

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