Ahlada Engineers
Ahlada Engineers
Consumer GoodsKey Fundamentals
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Key Insights
Strengths
3- Stock is trading at 0.33 times its book value
- Stock is providing a good dividend yield of 4.56%.
- Company has been maintaining a healthy dividend payout of 406%
Weaknesses
6- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -8.70% over past five years.
- Company has a low return on equity of 4.30% over last 3 years.
- Contingent liabilities of Rs.26.3 Cr.
- Company has high debtors of 185 days.
- Working capital days have increased from 183 days to 270 days
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 38.18 | 71.78 | 39.82 | 110 | 41.45 | 26.12 | 93.63 | 38.37 | 27.33 | 23.66 | 24.2 | 25.65 | 24.03 |
| Expenses | 32.28 | 63.47 | 31.59 | 95.77 | 34.87 | 21.46 | 77.48 | 33.62 | 22.89 | 19.85 | 20.12 | 23.85 | 20.77 |
| Operating Profit | 5.9 | 8.31 | 8.23 | 13.97 | 6.58 | 4.66 | 16.15 | 4.75 | 4.44 | 3.81 | 4.08 | 1.8 | 3.26 |
| OPM % | 15.45% | 11.58% | 20.67% | 12.73% | 15.87% | 17.84% | 17.25% | 12.38% | 16.25% | 16.1% | 16.86% | 7.02% | 13.57% |
| Other Income | 0.09 | 0.09 | 0.1 | 0.08 | 0.06 | 0.06 | 0.19 | 0.13 | 0.03 | 0.07 | 0.07 | 0.1 | 0.06 |
| Interest | 0.93 | 1.3 | 1.24 | 1.25 | 1.35 | 1.31 | 4.26 | 0.66 | 1.13 | 1.02 | 1.32 | 0.88 | 0.99 |
| Depreciation | 2.88 | 2.96 | 3.09 | 3.08 | 2.64 | 2.65 | 7.92 | 2.59 | 2.31 | 2.32 | 2.53 | 2.55 | 2.14 |
| PBT | 2.18 | 4.14 | 4 | 9.72 | 2.65 | 0.76 | 4.16 | 1.63 | 1.03 | 0.54 | 0.3 | -1.53 | 0.19 |
| Tax % | 22.48% | 33.82% | 34% | 32.61% | 29.43% | 31.58% | 34.38% | 40.49% | 44.66% | 40.74% | 33.33% | -31.37% | 5.26% |
| Net Profit | 1.7 | 2.74 | 2.66 | 6.56 | 1.87 | 0.52 | 2.73 | 0.97 | 0.58 | 0.32 | 0.2 | -1.04 | 0.17 |
| EPS in Rs | 1.32 | 2.12 | 2.06 | 5.08 | 1.45 | 0.4 | 2.11 | 0.75 | 0.45 | 0.25 | 0.15 | -0.8 | 0.13 |
Profit & Loss
| Particulars | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 49.8 | 111 | 118 | 126 | 207 | 110 | 159 | 152 | 158 | 259 | 132 | 101 | 97.54 |
| Expenses | 44.45 | 101 | 106 | 105 | 173 | 85.35 | 129 | 125 | 133 | 223 | 111 | 86.72 | 84.59 |
| Operating Profit | 5.35 | 9.65 | 12.34 | 20.67 | 33.77 | 24.98 | 29.6 | 26.71 | 25.29 | 36.42 | 20.9 | 14.13 | 12.95 |
| OPM % | 10.74% | 8.7% | 10.42% | 16.39% | 16.32% | 22.64% | 18.62% | 17.57% | 15.99% | 14.04% | 15.84% | 14.01% | 13.28% |
| Other Income | 2.4 | 0.4 | 0.11 | 0.11 | 0.27 | 0.18 | 0.13 | 0.18 | 0.21 | 0.36 | 0.32 | 0.28 | 0.3 |
| Interest | 2.63 | 3.51 | 4.17 | 4.87 | 8.89 | 5.19 | 3.91 | 4.52 | 3.74 | 4.72 | 4.92 | 4.35 | 4.21 |
| Depreciation | 1.5 | 1.72 | 3 | 3.65 | 7.02 | 9.74 | 11.45 | 14.68 | 13.02 | 12 | 10.5 | 9.7 | 9.54 |
| PBT | 3.62 | 4.82 | 5.28 | 12.26 | 18.13 | 10.23 | 14.37 | 7.69 | 8.74 | 20.06 | 5.8 | 0.36 | -0.5 |
| Tax % | 37.57% | 36.72% | 37.88% | 34.09% | 37.29% | 24.63% | 29.16% | 32.51% | 41.65% | 31.95% | 36.03% | 47.22% | — |
| Net Profit | 2.26 | 3.06 | 3.27 | 8.07 | 11.37 | 7.71 | 10.19 | 5.18 | 5.09 | 13.65 | 3.71 | 0.18 | -0.35 |
| EPS in Rs | 5.55 | 6.99 | 7.47 | 9.22 | 8.8 | 5.97 | 7.89 | 4.01 | 3.94 | 10.56 | 2.87 | 0.14 | -0.27 |
| Div. Payout % | 0% | 0% | 0% | 0% | 11.36% | 0% | 17.75% | 34.92% | 35.54% | 15.14% | 55.72% | 1148.44% | — |
Balance Sheet
| Particulars | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.07 | 4.38 | 4.38 | 8.76 | 12.92 | 12.92 | 12.92 | 12.92 | 12.92 | 12.92 | 12.92 | 12.92 |
| Reserves | 8.76 | 20.74 | 24.01 | 27.72 | 96.18 | 97.32 | 106 | 109 | 113 | 125 | 126 | 124 |
| Borrowings | 18.03 | 24.47 | 34.45 | 59.39 | 53.47 | 35.11 | 59.8 | 31.06 | 32.35 | 42.92 | 35.76 | 38.36 |
| Other Liabilities | 12 | 34.28 | 35.02 | 49.75 | 45.6 | 25.24 | 53.8 | 30.57 | 39.89 | 48.45 | 36.72 | 50.85 |
| Total Liabilities | 42.86 | 83.87 | 97.86 | 146 | 208 | 171 | 233 | 184 | 198 | 229 | 212 | 226 |
| Fixed Assets | 11.23 | 13.54 | 22.66 | 28.53 | 71.48 | 83.59 | 108 | 94.37 | 85.59 | 77.32 | 66.85 | 60.36 |
| CWIP | 0 | 1.86 | 0.59 | 25.35 | 7.33 | 23.6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.01 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 | 0.02 | 0 | 0 | 0 |
| Other Assets | 31.62 | 68.47 | 74.61 | 91.74 | 129 | 63.39 | 125 | 89.63 | 112 | 152 | 145 | 166 |
| Total Assets | 42.86 | 83.87 | 97.86 | 146 | 208 | 171 | 233 | 184 | 198 | 229 | 212 | 226 |
Cash Flow
| Particulars | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -0.95 | 5.17 | 4.66 | 23.16 | -13.97 | 59.73 | -2.12 | 36.68 | 8.16 | -0.2 | 13.59 | 7.5 |
| Investing | -2.08 | -4.02 | -1.1 | -34.29 | -36.2 | -39.76 | -16.95 | -1.34 | -3.92 | -3.65 | 0.57 | -3.16 |
| Financing | 3.07 | -1.37 | -3.83 | 11.79 | 49.34 | -21.36 | 19.14 | -35.44 | -4.26 | 4.04 | -14.16 | -3.82 |
| Net Cash Flow | 0.04 | -0.22 | -0.27 | 0.66 | -0.83 | -1.38 | 0.08 | -0.09 | -0.02 | 0.19 | 0 | 0.52 |
| Free Cash Flow | -3.13 | -1.03 | -6.19 | -11.22 | -45.85 | 21.37 | -14.27 | 35.48 | 3.92 | -3.92 | 13.55 | 4.29 |
| CFO/OP | -17 | 71 | 52 | 122 | -31 | 256 | -4 | 147 | 47 | 17 | 75 | 71 |
Ratios
| Particulars | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 92.79 | 98.2 | 78.99 | 103 | 146 | 101 | 121 | 84.17 | 152 | 171 | 167 | 185 |
| Inventory Days | 169 | 150 | 163 | 198 | 67.17 | 163 | 138 | 165 | 128 | 30.07 | 130 | 245 |
| Days Payable | 97.15 | 138 | 124 | 123 | 49.81 | 111 | 164 | 81.62 | 81.58 | 48.01 | 91.18 | 142 |
| Cash Conversion Cycle | 164 | 110 | 118 | 178 | 163 | 153 | 94.4 | 167 | 199 | 153 | 206 | 288 |
| Working Capital Days | 33.35 | 43.92 | 49.18 | 16.99 | 79.63 | 57.1 | 46.77 | 86.78 | 100 | 83.28 | 196 | 270 |
| ROCE % | 23.23% | — | 16.81% | 21.57% | 20.86% | 9.97% | 11.28% | 7.35% | 8.01% | 14.64% | 6.03% | 2.69% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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59 extracted metrics + investor summaries across FY13–FY26.
Documents
Frequently Asked Questions about Ahlada Engineers
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Company Information
Incorporated in 2005, Ahlada Engineers Ltd manufactures steel doors, windows, and clean room equipment.[1]
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