With this, the company's total order inflow during the current financial year 2022-23 (FY23) stands at Rs 863 crore.
At 12:24 PM, the stock was trading 9 per cent higher at Rs 453.65, as compared to 0.70 per cent decline in the S&P BSE Sensex. It had hit a 52-week high of Rs 563.50 on April 11, 2022.
Last month, Ahluwalia Contracts had secured order worth approximately Rs 209 crore for construction of Adani Connex Data Centers at Noida (UP) from D C Development Noida Ltd.
The company had also secured new order aggregating to Rs 442 crore for construction of National Police Academy in Nepal under a joint venture (JV). The total work order for this project was Rs 630.95 crore and the company's share is Rs 442 crore for its 70 per cent share in the JV.
In FY22, the company had recorded 35.8 per cent growth in turnover at Rs 2,692 crore and Ebitda margin of 10.61 per cent. As on March 31, 2022, the company's net order book stood at Rs 5,870 crore, which is to be executed in the next 2 to 2.5 years.
For FY23, Ahluwalia Contracts has guided for 15 per cent top-line growth, while Ebitda margin should be in the region of 12 per cent to 13 per cent. The company have given a guidance of an order inflow of about Rs 2,500 crore to Rs 3,000 crore for FY23.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →
Quarterly Starter
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app