Ahlada Engineers Ltd share Price Today

Ahlada Engineers Limited is a manufacturing sector company, having its market capitalization worth Rs.127.40 crores as of 14th May 2021. The company was incorporated in August 2005. The company has reported its annual net sales of Rs. 207.43 crores at the end of March 2019. This company is found listed on the National Stock Exchange (NSE) with the symbol AHLADA, and it is not listed on the Bombay Stock Exchange (BSE). The share price today, as of 14th May 2021, stands at Rs. 98.6 on NSE. Ahlada Engineers Limited is engaged in the manufacturing and selling of steel doors and windows in India. This business started out as a private limited company called Ahlada Engineers Private Limited, but in 2018 it changed its name to Ahlada Engineers Limited and became a public limited company. Apart from its main products, it is also engaged in manufacturing leanroom equipment for the consumers in Pharmaceutical biotechnology and the food industries. The company kept expanding its customer base for the products manufactured for healthcare, entertainment and the real estate vertical. For this expansion, Ahlada Engineers Limited entered into MMSA (Master Manufacturing and Supply Agreement) with Tata Steel Limited in August 2017, which improved line efficiency and process. The company also exports its products and is based in Hyderabad. Ahlada Engineers Limited has an unstable dividend track record and a low debt level. The company's share price has been consistent over the last three months, and it is currently on the list of profitable businesses. The company's profit margin has decreased but not substantially, and the earnings are of high quality. Ahlada Engineers Limited has underperformed in the Indian Building industry, which showed a return of 153% over the last year; however, it has exceeded the Indian market, which gave a return of 65% in the previous year. Compared with the industry, the PE ratio is a good value at 19.7 times, but it is average compared with the industry or the Indian Market. The company's clientele is lined up with repute names of TCS, Pfizer, BHEL, Nestle, ITC, Apollo and Hyatt. It operates under the leadership of MD Mr Suresh Mohan Reddy.