Ahlada Engineers Ltd.
AHLADANSECapital GoodsEngineeringSmall Cap
₹40.54
▲ 1.58%
—
Composite
The company is in the business of manufacturing steel doors and windows (steel-frame) and it caters to customers across various segments and industries. It has facilities spread across 3 manufacturing units in addition to one assembling unit and stock yard, with an area admeasuring 34,211 square yards on the outskirts of Hyderabad. Additionally, it is also in the business of manufacturing cleanroom equipment for its customers in the pharmaceutical, biotechnology and food industries. The company has linked an agreement with Tata Steel to manufacture and supply steel doors sold by Tata Steel under its brand name ‘pravesh'. The company manufactures and supplies steel doors and windows to other industrial customers too.The company has 3 manufacturing facilities an assembly unit and a stockyard located on the outskirts of Hyderabad City. The company has in-house research, design and quality teams.
Q-DITS fundamental score
—Composite
Growth
0
Profitability
13
Valuation
0
Quality
30
Solvency
65
Earnings
100
Key metrics
MCap
₹52 Cr
TTM PE
295.9x
Industry PE
82.2x
TTM EPS
₹0.14
Book Value
₹106.23
Face Value
₹10
Div Yield
0%
PEG
-4.39x
PB
0.5x
ROE
2.7%
ROCE
6%
EBITDA mgn
16.1%
D/E
0.26
Int. Cover
2.2x
Curr. Ratio
2.14x
EPS
₹2.87
Growth — CAGR across horizons
| Metric | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|
| Net Sales | -23.6% | -13.9% | -8.7% | — |
| EBITDA | -32.4% | -17.6% | -13.7% | — |
| Net Profit | -95.2% | -67.4% | -55.5% | — |
Score snapshot
Piotroski
6/9
Altman Z
1.69
Quality
29.8
Growth
0
Valuation
—
Earn. Qual
100
PEAD
-2
SURGE
-1
Revenue, profitability & returns
Revenue & Net Profit (₹ Cr)
RevenueNet Profit
Margins (%)
EBITDA%PAT%
Return ratios (%)
ROEROCEROA
Annual financials — last 10 years
Tap any row to see its trend
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ›RevenueCr | 111 | 118 | 126 | 207 | 110 | 159 | 152 | 158 | 260 | 132 | ↓ |
| ›EBITDACr | 10 | 12 | 21 | 34 | 25 | 30 | 27 | 26 | 37 | 21 | ↓ |
| ›EBITDA margin | 9.1% | 10.5% | 16.3% | 16.4% | 22.8% | 18.7% | 17.7% | 16.1% | 14.2% | 16.1% | ↑ |
| ›Net profitCr | 3 | 3 | 8 | 11 | 8 | 10 | 5 | 5 | 14 | 4 | ↓ |
| ›PAT margin | 2.8% | 2.8% | 6.3% | 5.5% | 7% | 6.4% | 3.4% | 3.2% | 5.3% | 2.8% | ↓ |
| ›EPS₹ | ₹0 | ₹0 | ₹0 | ₹8.8 | ₹5.97 | ₹7.88 | ₹4.01 | ₹3.94 | ₹10.56 | ₹2.87 | ↓ |
| ›Revenue growth | 15.4% | 6.6% | 6.5% | 64.4% | -46.7% | 44% | -4.4% | 4% | 64% | -49.1% | ↓ |
| ›PAT growth | 18.3% | 7% | 146.7% | 40.8% | -32.1% | 32.1% | -49.1% | -1.7% | 167.9% | -72.9% | ↓ |
| ›ROE | 13% | 12.2% | 24.9% | 16.1% | 7.2% | 8.9% | 4.3% | 4.1% | 10.4% | 2.7% | ↓ |
| ›ROCE | 18.1% | 16.8% | 21.6% | 21.3% | 10.2% | 11.3% | 7.3% | 8% | 14.6% | 6% | ↓ |
| ›ROA | 4% | 3.6% | 6.6% | 6.4% | 4.1% | 5.1% | 2.5% | 2.7% | 6.4% | 1.7% | ↓ |
| ›P/E | 0x | 0x | 0x | 10.6x | 7.6x | 11.6x | 25.1x | 21.5x | 10.4x | 18.6x | ↑ |
| ›P/B | 0x | 0x | 0x | 1.2x | 0.5x | 1x | 1.1x | 0.9x | 1x | 0.5x | ↓ |
| ›D/E | 1 | 1.2 | 1.6 | 0.5 | 0.3 | 0.5 | 0.3 | 0.3 | 0.3 | 0.3 | ↓ |
| ›Current ratio | 1.3x | 1.3x | 1.1x | 1.6x | 1.4x | 1.3x | 1.7x | 1.7x | 1.7x | 2.1x | ↑ |
| ›Interest cover | 2.4x | 2.3x | 3.5x | 3x | 3x | 4.7x | 2.7x | 3.3x | 5.2x | 2.2x | ↓ |
Quarterly results
Tap any row to see its trend
| Metric | 2023-12 | 2024-03 | 2024-06 | 2024-09 | 2024-12 | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ›RevenueCr | 40 | 110 | 41 | 26 | 94 | 38 | 27 | 24 | 24 | 26 | ↑ |
| ›Rev growth YoY | 43.3% | 121.5% | 8.6% | -63.6% | 135.1% | -65% | -34.1% | -9.4% | -74.2% | -33.1% | ↑ |
| ›EBITDACr | 8 | 14 | 7 | 5 | 16 | 5 | 4 | 4 | 4 | 2 | ↓ |
| ›EBITDA margin | 20.7% | 12.7% | 15.9% | 17.8% | 17.3% | 12.4% | 16.2% | 16.1% | 16.9% | 7% | ↓ |
| ›Net profitCr | 3 | 7 | 2 | 1 | 3 | 1 | 1 | 0 | 0 | -1 | ↓ |
| ›PAT growth YoY | 469% | 109.1% | 10.4% | -81.2% | 2.9% | -85.3% | -69.1% | -14.5% | -92.8% | -207.3% | ↓ |
| ›EPS₹ | ₹2.06 | ₹5.07 | ₹1.45 | ₹0.4 | ₹2.12 | ₹0.75 | ₹0.45 | ₹0.34 | ₹0.15 | ₹-0.8 | ↓ |
Balance sheet — last 10 years (₹ Cr)
Tap any row to see its trend
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ›Shareholders' equityCr | 28 | 36 | 109 | 110 | 119 | 122 | 126 | 138 | 139 | 137 | ↓ |
| ›ReservesCr | 24 | 28 | 96 | 97 | 106 | 109 | 113 | 125 | 126 | 124 | ↓ |
| ›Total borrowingsCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| ›InvestmentsCr | 0 | 0 | 0 | 0 | 3 | 3 | 4 | 7 | 7 | 0 | ↓ |
| ›Total assetsCr | 41 | 61 | 126 | 122 | 131 | 128 | 129 | 142 | 143 | 226 | ↑ |
| ›Current assetsCr | 75 | 92 | 125 | 63 | 122 | 86 | 109 | 144 | 138 | 157 | ↑ |
| ›Current liabilitiesCr | 57 | 84 | 78 | 44 | 96 | 49 | 63 | 83 | 64 | 81 | ↑ |
| ›Trade payablesCr | 24 | 27 | 18 | 16 | 41 | 18 | 21 | 24 | 21 | 23 | ↑ |
| ›Gross blockCr | 37 | 47 | 95 | 92 | 127 | 128 | 133 | 136 | 136 | 60 | ↓ |
Cash flow statement (₹ Cr)
Tap any row to see its trend
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ›Operating CF (CFO)Cr | 5 | 23 | -14 | 60 | -2 | 37 | 8 | -0 | 14 | 8 | ↓ |
| ›Investing CF (CFI)Cr | -11 | -34 | -36 | -40 | -17 | -1 | -4 | -4 | 1 | -3 | ↓ |
| ›Financing CF (CFF)Cr | 6 | 12 | 49 | -21 | 19 | -35 | -4 | 4 | -14 | -4 | ↑ |
| ›Net cash changeCr | -0 | 1 | -1 | -1 | 0 | -0 | -0 | 0 | 0 | 1 | ↑ |
| ›Closing cashCr | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | ↑ |
Cash flow components
CFO · CFI · CFF (₹ Cr)
CFOCFICFF
Q-DITS scorecard
Composite score
—
Quality (25%)29.8
Growth (25%)0
Valuation (20%)—
Piotroski (15%)67
Earnings Quality (10%)100
Momentum (5%)—
Weighted blend, rescaled to the components available for this stock.
Piotroski F-Score
6/9
✓ROA positiveROA 1.68%
✓CFO positiveCFO ₹7.5 Cr
✗ROA improving6.4% → 1.68%
✓CFO > PAT (low accruals)CFO 7.5 vs PAT 3.71
✓Leverage decreasedD/E 0.31 → 0.26
✓Liquidity improvedCR 1.75 → 2.14
✗No share dilutionEPS 10.56 → 2.87
✓Margin improvedEBITDA mgn 14.17% → 16.08%
✗Asset turnover upAsset TO 1.22 → 0.6
Altman Z-Scoregrey
1.69
X1
0.335
X2
0.549
X3
0.047
X4
0.606
X5
0.583
>2.9 safe · 1.23–2.9 grey · <1.23 distress
Quality
29.8/100
ROE
2.7%
ROCE
6%
Margin
2.8%
Debt
0.3
Int. cover
2.2x
Growth
0/100
Revenue 3Y
-13.9%
Profit 3Y
-67.4%
EPS
-72.9%
Valuation
N/A
PE
—
PB
—
EV/EBITDA
—
Earnings quality
100/100
CFO₹8 Cr
PAT₹4 Cr
Accrual ratio-0.017
CFO/PAT2.02x
PEAD · SURGE
-2 / -1
Revenue SUE-0.54
EPS SUE-1.51
Latest quarter2026-03
Rev growth YoY-33.1%
Documents & filings
Loading documents…
Peer comparison
| Company | MCap (Cr) | Revenue | PAT | PE | PB | ROE% | ROCE% | D/E |
|---|---|---|---|---|---|---|---|---|
| MTAR Technologies Ltd. | 25,747 | 876 | 94 | 273.8x | 31.3x | 7.5 | 10.6 | 0.24 |
| Thejo Engineering Ltd. | 1,972 | 632 | 49 | 40x | 5.6x | 19.2 | 26 | 0.01 |
| KP Green Engineering Ltd. | 1,958 | 1,246 | 136 | 14.4x | 6x | 24.9 | 30.6 | 0.29 |
| South West Pinnacle Exploration Ltd. | 730 | 243 | 32 | 22.1x | 3.6x | 11.6 | 13.6 | 0.39 |
| Anlon Technology Solution Ltd. | 532 | 106 | 14 | 38.4x | 4.3x | 14.6 | 19.3 | 0.13 |
| GTV Engineering Ltd. | 415 | 102 | 14 | 29.2x | 4.9x | 26.4 | 28.5 | 0.24 |
| Taurian MPS Ltd. | 257 | 99 | 16 | 15.9x | 3.4x | 35.4 | 39.8 | 0.27 |