Construction
Valuation | |
|---|---|
| Market Cap | 7.34 kCr |
| Price/Earnings (Trailing) | 6.96 |
| Price/Sales (Trailing) | 0.66 |
| EV/EBITDA | 2.46 |
| Price/Free Cashflow | -1.67 |
| MarketCap/EBT | 6.13 |
| Enterprise Value | 7.34 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 11.14 kCr |
| Rev. Growth (Yr) | -10.1% |
| Earnings (TTM) | 971.63 Cr |
| Earnings Growth (Yr) | 94.2% |
Profitability | |
|---|---|
| Operating Margin | 7% |
| EBT Margin | 11% |
| Return on Equity | 18.49% |
| Return on Assets | 4.93% |
| Free Cashflow Yield | -59.96% |
Growth & Returns | |
|---|---|
| Price Change 1W | -5.3% |
| Price Change 1M | -11.7% |
| Price Change 6M | -7.6% |
| Price Change 1Y | -8.2% |
| 3Y Cumulative Return | 23.9% |
| 5Y Cumulative Return | 2.2% |
| 7Y Cumulative Return | 0.00% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -731.17 Cr |
| Cash Flow from Operations (TTM) | -564.68 Cr |
| Cash Flow from Financing (TTM) | 1.02 kCr |
| Cash & Equivalents | 462.66 Cr |
| Free Cash Flow (TTM) | -4.83 kCr |
| Free Cash Flow/Share (TTM) | -297.33 |
Balance Sheet | |
|---|---|
| Total Assets | 19.71 kCr |
| Total Liabilities | 14.45 kCr |
| Shareholder Equity | 5.25 kCr |
| Current Assets | 9.8 kCr |
| Current Liabilities | 6.64 kCr |
| Net PPE | 1.39 kCr |
| Inventory | 3.49 kCr |
| Goodwill | 5.93 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.48 |
| Debt/Equity | 1.81 |
| Interest Coverage | -0.17 |
| Interest/Cashflow Ops | 0.61 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 1 |
| Dividend Yield | 0.22% |
| Shares Dilution (1Y) | 11.1% |
| Shares Dilution (3Y) | 11.1% |
Size: Market Cap wise it is among the top 20% companies of india.
Profitability: Recent profitability of 9% is a good sign.
Past Returns: Outperforming stock! In past three years, the stock has provided 23.9% return compared to 12.1% by NIFTY 50.
Balance Sheet: Reasonably good balance sheet.
Smart Money: Smart money looks to be reducing their stake in the stock.
Dilution: Company has a tendency to dilute it's stock investors.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock is suffering a negative price momentum. Stock is down -11.7% in last 30 days.
Growth: Poor revenue growth. Revenue grew at a disappointing -10% on a trailing 12-month basis.
Size: Market Cap wise it is among the top 20% companies of india.
Profitability: Recent profitability of 9% is a good sign.
Past Returns: Outperforming stock! In past three years, the stock has provided 23.9% return compared to 12.1% by NIFTY 50.
Balance Sheet: Reasonably good balance sheet.
Smart Money: Smart money looks to be reducing their stake in the stock.
Dilution: Company has a tendency to dilute it's stock investors.
Technicals: SharesGuru indicator is Bearish.
Momentum: Stock is suffering a negative price momentum. Stock is down -11.7% in last 30 days.
Growth: Poor revenue growth. Revenue grew at a disappointing -10% on a trailing 12-month basis.
Investor Care | |
|---|---|
| Dividend Yield | 0.22% |
| Dividend/Share (TTM) | 1 |
| Shares Dilution (1Y) | 11.1% |
| Earnings/Share (TTM) | 64.94 |
Financial Health | |
|---|---|
| Current Ratio | 1.48 |
| Debt/Equity | 1.81 |
Technical Indicators | |
|---|---|
| RSI (14d) | 48.17 |
| RSI (5d) | 3.83 |
| RSI (21d) | 41.76 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Sell |
| RSI Signal | Hold |
| RSI5 Signal | Buy |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Summary of Dilip Buildcon's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
The management of Dilip Buildcon Limited has provided an optimistic outlook, anticipating significant growth opportunities fueled by government initiatives. The key forward-looking points include:
Ordering Activity: Management projects new order inflow between INR 12,000 crores and INR 15,000 crores for the financial year 2026. They expect a revenue range of INR 8,000 crores to INR 8,500 crores and an EBITDA margin targeting around 11%.
Infrastructure Investment: The National Highways Authority of India (NHAI) plans to bid out 124 road projects worth INR 3.4 lakh crores in FY '26. Additionally, the government has allocated INR 2 lakh crores for infrastructure in Jharkhand, indicating a commitment to enhancing capital expenditure.
Metro Rail and Water Sectors: In the Metro Rail sector, Andhra Pradesh has approved an investment of over INR 20,000 crores for developing metro corridors. For water distribution, progress is expected under the Jal Jeevan Mission, with extended timelines to 2028 for execution due to previous delays.
HAM Projects: The execution of HAM projects is on track, with a partial divestment of three projects completed for INR 125 crores. The anticipation is to divest four additional projects within FY '26, with the remainder following in FY '27.
Coal Operations: The company aims to achieve a production target of 32 million metric tons in FY '26, with specific quarterly targets, including 25 million metric tons from Siarmal and 7 million metric tons from Pachhwara.
Operational Strategy: DBL is focusing on enhancing operational efficiency while pausing capital expenditures to align with the current market conditions. They believe that these strategic refinements will prepare them for better opportunities when the market stabilizes.
In addition, the management highlights their resilience and commitment to maintaining quality over quantity, focusing on sustainable growth despite challenges in securing new orders.
Understand Dilip Buildcon ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Dilip Suryavanshi | 33.92% |
| Devendra Jain | 21.89% |
| Seema Suryavanshi | 7.33% |
| Helium Services Llp | 6.99% |
| Lici Asm Non Par | 2.66% |
| Blue Daimond Properties Pvt Ltd | 2.21% |
| Hdfc Large And Mid Cap Fund | 1.98% |
Detailed comparison of Dilip Buildcon against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| LT | Larsen & Toubro | 5.55 LCr | 2.76 LCr | +2.90% | +5.40% | 33.86 | 2.02 | - | - |
| NCC | NCC | 10.56 kCr | 21.37 kCr |
Comprehensive comparison against sector averages
DBL metrics compared to Construction
| Category | DBL | Construction |
|---|---|---|
| PE | 6.96 | 31.24 |
| PS | 0.66 | 1.68 |
| Growth | -10 % | 7.7 % |
Dilip Buildcon Limited, together its subsidiaries, engages in the development of infrastructure facilities on engineering, procurement, and construction (EPC) basis in India. The company operates through Engineering, Procurement and Construction (EPC) Projects & Road Infrastructure Maintenance and Annuity Projects & Others segments. It is involved in roads, highway, bridges, tunnels, water supply, canals, dams, metro and airport construction, mining, irrigation, metro rail viaducts, and urban development related business. In addition, the company engages in road infrastructure maintenance and toll operations. Dilip Buildcon Limited was founded in 1987 and is headquartered in Bhopal, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
DBL vs Construction (2021 - 2025)
Question 1: Could you restate the guidance on stand-alone revenue, EBITDA margin, order inflow, and capex for FY '26?
Answer: We expect new order inflow to be between INR12,000 crores to INR15,000 crores. For the full year, we anticipate revenue in the range of INR8,000 crores to INR8,500 crores, with an EBITDA margin around 11%. Capex will be very negligible, primarily for replacement, possibly between INR40 to INR50 crores.
Question 2: What is the status of your debt reduction plan?
Answer: Our target remains to reduce debt by INR500 crores by March 31, 2026. This quarter saw an increase of INR85 crores, which we plan to address over the next nine months. Our net debt-free goal by FY '27 is still intact.
Question 3: How is the Jal Jeevan Mission faring?
Answer: We've received most payments related to the Jal Jeevan Mission, barring a regular outstanding amount. Payments from the project are expected to continue regularly going forward.
Question 4: Can you clarify the changes in qualification norms for EPC and HAM projects?
Answer: The net worth criteria have been adjusted; previously, companies needed to have 20% of the project size in net worth. This changed to a scaled assessment based on project size, which should limit participation from smaller firms in larger bids, notably tightening competition.
Question 5: What are the expectations for order inflow moving forward?
Answer: We expect significant order flows between Q2 and Q4, with around INR12,000 crores to INR15,000 crores anticipated. The recent adjustments in qualification criteria should ease competition from unrecognized players.
Question 6: What are the new orders you plan to pursue, and are you diversifying into other sectors?
Answer: Yes, we're looking at sectors such as water, metros, tunnels, and mining. Our strategy is focused on sustainable revenues and better ROE while exploring these sectors.
Question 7: What does the InvIT formation timeline look like?
Answer: We received in-principle approval from BSE, NSE, and SEBI. We expect to launch the InvIT by September 2025, transferring completed assets for this purpose.
Question 8: Will the upcoming change in government ordering affect your strategy?
Answer: Yes, the government aims to award INR3 lakh crores in contracts this fiscal year, which will significantly impact our order pipeline and strategy as we position ourselves for these opportunities.
Question 9: What is the breakdown of your debt post-InvIT formation?
Answer: Currently, our net debt stands at INR8,266 crores. After transferring assets to the InvIT, approximately INR3,850 crores will be released, but around INR2,418 crores will be added as new construction debt, leading to a net reduction of about INR3,000 crores altogether.
Question 10: What is your current status with the coal segment?
Answer: We anticipate producing 25 million metric tons from Siarmal and 7 million metric tons from Pachhwara in FY '26, totaling 32 million metric tons. The MDO operations are proceeding on schedule, contributing to our revenue stability.
| Quanterra Stratergies Llp | 1.6% |
| Akash Bhanshali | 1.13% |
| Alpha Alternatives Financial Services Private Limited | 1% |
| Dilip Suryavanshi HUF (Dilip Suryavanshi-Karta) | 0% |
| Karan Suryavanshi | 0% |
| Suryavanshi Minerals Private Limited | 0% |
| SURYAVANSHI FAMILY TRUST (Trustees:Dilip Suryavanshi, Rohan Suryavanshi, Karan Suryavanshi) | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| -46.10% |
| 13.3 |
| 0.49 |
| - |
| - |
| PNCINFRA | PNC Infratech | 6.39 kCr | 5.89 kCr | -11.70% | -19.60% | 7.95 | 1.08 | - | - |
| ASHOKA | Ashoka Buildcon | 4.51 kCr | 9.65 kCr | -22.00% | -38.60% | 2.56 | 0.47 | - | - |
| -48.9% |
| 161 |
| 314 |
| 114 |
| 150 |
| 113 |
| 38 |
| Exceptional items before tax | 380% | 169 | 36 | 94 | 158 | 0 | 99 |
| Total profit before tax | -5.4% | 331 | 350 | 208 | 309 | 113 | 137 |
| Current tax | 135.7% | 67 | 29 | 42 | 70 | 49 | 71 |
| Deferred tax | -121.4% | -8.22 | 44 | 8.65 | -26.94 | -75.29 | 63 |
| Total tax | -20.5% | 59 | 74 | 51 | 43 | -26.3 | 134 |
| Total profit (loss) for period | -2.2% | 271 | 277 | 158 | 266 | 140 | 2.66 |
| Other comp. income net of taxes | -849.9% | -38.99 | -3.21 | -7.85 | -1.63 | 15 | 19 |
| Total Comprehensive Income | -15.1% | 232 | 273 | 150 | 264 | 155 | 22 |
| Earnings Per Share, Basic | -10.4% | 17.06 | 18.92 | 10.78 | 18.18 | 9.56 | 0.18 |
| Earnings Per Share, Diluted | 0.2% | 17.06 | 17.03 | 9.71 | 16.38 | 9.29 | 0.18 |
| Debt equity ratio | -0.2% | 0.0165 | 0.0181 | 0.0194 | 0.02 | 0.0191 | 0.0166 |
| Debt service coverage ratio | -0.4% | 0.012 | 0.0159 | 0.011 | 0 | 0.0143 | 084 |
| Interest service coverage ratio | -0.8% | 0.0148 | 0.023 | 0.0162 | 0.02 | 0.0168 | 0.0117 |
| -2.2% |
| 491 |
| 502 |
| 514 |
| 605 |
| 586 |
| 613 |
| Depreciation and Amortization | -16.1% | 292 | 348 | 388 | 393 | 407 | 424 |
| Other expenses | 10.9% | 295 | 266 | 228 | 251 | 268 | 203 |
| Total Expenses | -11.9% | 8,884 | 10,087 | 10,033 | 9,250 | 8,733 | 8,449 |
| Profit Before exceptional items and Tax | -65.7% | 194 | 563 | 151 | -210.32 | 505 | 567 |
| Exceptional items before tax | 172.2% | 197 | 73 | 128 | 61 | 0 | 8.93 |
| Total profit before tax | -38.6% | 391 | 636 | 280 | -148.94 | 505 | 575 |
| Current tax | -46.7% | 122 | 228 | 15 | 8.12 | 205 | 183 |
| Deferred tax | -179.5% | -42.27 | -14.48 | 43 | -71.09 | -19.25 | -33.02 |
| Total tax | -63.4% | 79 | 214 | 58 | -62.97 | 185 | 150 |
| Total profit (loss) for period | -26.4% | 311 | 422 | 222 | -85.97 | 319 | 425 |
| Other comp. income net of taxes | -137.1% | -9.77 | 30 | 47 | 19 | 5.59 | 1.73 |
| Total Comprehensive Income | -33.5% | 301 | 452 | 268 | -67.24 | 325 | 427 |
| Earnings Per Share, Basic | -27.2% | 21.29 | 28.86 | 15.17 | -5.91 | 23.345 | 31.072 |
| Earnings Per Share, Diluted | -32.8% | 19.16 | 28.04 | 15.17 | -5.91 | 23.345 | 31.072 |
| Debt equity ratio | 0% | 036 | 036 | 058 | 071 | - | - |
| Debt service coverage ratio | 0.4% | 0.0155 | 0.0118 | 055 | 029 | - | - |
| Interest service coverage ratio | -0.1% | 0.0199 | 0.0212 | 0.0129 | 065 | - | - |
| - |
| - |
| 80 |
| 0 |
| 0 |
| 0 |
| 2.21 |
| Investment property | - | - | 0 | 0 | 0 | 0 | 0 |
| Non-current investments | -21.1% | 1,314 | 1,666 | 1,394 | 1,294 | 1,052 | 569 |
| Total non-current financial assets | -17.4% | 1,528 | 1,850 | 1,574 | 1,567 | 1,343 | 771 |
| Total non-current assets | -11.9% | 2,956 | 3,356 | 3,116 | 3,276 | 3,125 | 2,784 |
| Total assets | -5.1% | 11,546 | 12,166 | 11,355 | 11,633 | 11,600 | 11,220 |
| Borrowings, non-current | 44.3% | 102 | 71 | 39 | 74 | 135 | 259 |
| Total non-current financial liabilities | 42.3% | 102 | 72 | 42 | 80 | 141 | 269 |
| Provisions, non-current | -3.7% | 27 | 28 | 27 | 25 | 34 | 50 |
| Total non-current liabilities | 33.9% | 400 | 299 | 319 | 319 | 421 | 452 |
| Borrowings, current | -27% | 1,868 | 2,557 | 1,827 | 2,311 | 2,551 | 2,790 |
| Total current financial liabilities | -10.3% | 4,800 | 5,354 | 4,764 | 5,307 | 5,659 | 5,438 |
| Provisions, current | 1.7% | 9.52 | 9.38 | 9.55 | 9.38 | 11 | 11 |
| Total current liabilities | -12.8% | 5,672 | 6,506 | 5,849 | 6,500 | 6,576 | 6,347 |
| Total liabilities | -10.8% | 6,073 | 6,805 | 6,168 | 6,820 | 6,997 | 6,798 |
| Equity share capital | 0% | 146 | 146 | 146 | 146 | 146 | 146 |
| Total equity | 2.1% | 5,473 | 5,362 | 5,186 | 4,813 | 4,603 | 4,422 |
| Total equity and liabilities | -5.1% | 11,546 | 12,166 | 11,355 | 11,633 | 11,600 | 11,220 |
| 2.9% |
| -61.42 |
| -63.28 |
| 0 |
| 0 |
| - |
| - |
| Income taxes paid (refund) | 2.1% | 50 | 49 | -161.63 | 168 | - | - |
| Net Cashflows From Operating Activities | -67.1% | 373 | 1,130 | 1,136 | -11.54 | - | - |
| Proceeds from sales of PPE | -43.8% | 28 | 49 | 47 | 6.02 | - | - |
| Purchase of property, plant and equipment | 15.9% | 198 | 171 | 88 | 145 | - | - |
| Proceeds from sales of investment property | 18.5% | 487 | 411 | 0 | 0 | - | - |
| Purchase of investment property | 18.5% | 602 | 508 | 0 | 0 | - | - |
| Interest received | -3.2% | 61 | 63 | 51 | 33 | - | - |
| Other inflows (outflows) of cash | - | 0 | 0 | 0 | 0.12 | - | - |
| Net Cashflows From Investing Activities | -42.8% | -224.53 | -156.89 | -257.92 | 490 | - | - |
| Proceeds from issuing shares | - | 0 | 0 | 0 | 501 | - | - |
| Proceeds from issuing other equity instruments | -100.8% | 0 | 133 | 0 | 0 | - | - |
| Proceeds from borrowings | - | 167 | 0 | 0 | 0 | - | - |
| Repayments of borrowings | -92.4% | 63 | 819 | 386 | 319 | - | - |
| Dividends paid | 2943.5% | 15 | 1.46 | 1.46 | 15 | - | - |
| Interest paid | -2.2% | 491 | 502 | 514 | 605 | - | - |
| Other inflows (outflows) of cash | 6.2% | 0.39 | 0.35 | 0.32 | 0.26 | - | - |
| Net Cashflows from Financing Activities | 66.2% | -401.73 | -1,188.81 | -900.9 | -437.66 | - | - |
| Net change in cash and cash eq. | -16.9% | -252.77 | -216.1 | -23.13 | 41 | - | - |
Analysis of Dilip Buildcon's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Sep 30, 2025
| Description | Share | Value |
|---|---|---|
| (a) EPC Projects & Road Infrastructure Maintenance | 67.2% | 3.1 kCr |
| (b) Annuity Projects & Others | 32.8% | 1.5 kCr |
| Total |
| 4.5 kCr |