Dilip Buildcon Ltd
₹ 423
0.76%
09 Jul
1:51 p.m.
About
Dilip Buildcon Limited, incorporated in 2006, is presently in the business of development of infrastructure facilities on Engineering Procurement and Construction basis (EPC) and undertakes contracts from various Government and other parties and special purpose vehicles promoted by the Company. [1]
Key Points
- Market Cap ₹ 6,870 Cr.
- Current Price ₹ 423
- High / Low ₹ 588 / 382
- Stock P/E 11.2
- Book Value ₹ 420
- Dividend Yield 0.24 %
- ROCE 13.3 %
- ROE 10.3 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.00 times its book value
- Company has delivered good profit growth of 19.1% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -2.44% over past five years.
- Tax rate seems low
- Company has a low return on equity of 7.67% over last 3 years.
- Earnings include an other income of Rs.1,396 Cr.
- Debtor days have increased from 50.5 to 67.2 days.
- Promoter holding has decreased over last 3 years: -7.01%
- Working capital days have increased from 77.8 days to 124 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Loading peers table ...
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,762 | 4,206 | 5,227 | 7,891 | 9,403 | 9,701 | 10,166 | 9,564 | 10,630 | 12,012 | 11,317 | 8,984 | |
| 2,075 | 3,225 | 4,067 | 6,420 | 7,638 | 7,631 | 8,032 | 8,788 | 9,673 | 10,590 | 9,158 | 7,218 | |
| Operating Profit | 687 | 981 | 1,160 | 1,472 | 1,765 | 2,070 | 2,133 | 776 | 957 | 1,421 | 2,159 | 1,766 |
| OPM % | 25% | 23% | 22% | 19% | 19% | 21% | 21% | 8% | 9% | 12% | 19% | 20% |
| 7 | 16 | 12 | 41 | 46 | 105 | 70 | -22 | 447 | 462 | 417 | 1,396 | |
| Interest | 354 | 519 | 555 | 590 | 872 | 1,136 | 1,174 | 1,057 | 901 | 1,013 | 1,249 | 1,403 |
| Depreciation | 206 | 200 | 245 | 292 | 362 | 470 | 443 | 400 | 398 | 379 | 346 | 298 |
| Profit before tax | 133 | 277 | 372 | 631 | 577 | 569 | 586 | -704 | 103 | 492 | 981 | 1,461 |
| Tax % | 34% | 17% | 4% | 10% | 6% | 29% | 29% | -22% | 101% | 59% | 14% | 4% |
| 88 | 230 | 358 | 578 | 547 | 405 | 437 | -550 | -1 | 201 | 840 | 1,398 | |
| EPS in Rs | 7.48 | 19.62 | 26.15 | 42.23 | 40.38 | 26.16 | 19.49 | -37.54 | 0.06 | 13.27 | 43.83 | 80.17 |
| Dividend Payout % | 1% | 0% | 4% | 2% | 2% | 4% | 5% | -0% | 157% | 8% | 2% | 1% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | -2% |
| 3 Years: | -5% |
| TTM: | -21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 19% |
| 3 Years: | 61% |
| TTM: | 30% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -7% |
| 3 Years: | 19% |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 2% |
| 3 Years: | 8% |
| Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 117 | 117 | 137 | 137 | 137 | 137 | 137 | 146 | 146 | 146 | 146 | 162 |
| Reserves | 688 | 815 | 1,582 | 2,139 | 2,669 | 3,005 | 3,263 | 3,404 | 3,855 | 4,223 | 4,918 | 6,667 |
| 3,512 | 3,630 | 4,230 | 4,949 | 7,406 | 9,060 | 10,508 | 8,783 | 6,658 | 7,240 | 9,525 | 8,041 | |
| 1,276 | 1,714 | 2,071 | 3,351 | 4,227 | 4,531 | 4,460 | 4,007 | 4,780 | 5,030 | 5,120 | 4,038 | |
| Total Liabilities | 5,593 | 6,276 | 8,019 | 10,575 | 14,439 | 16,733 | 18,368 | 16,341 | 15,439 | 16,640 | 19,709 | 18,908 |
| 2,193 | 1,655 | 1,967 | 2,044 | 3,031 | 2,908 | 2,730 | 1,789 | 1,529 | 1,531 | 1,427 | 1,421 | |
| CWIP | 415 | 0 | 460 | 1,623 | 2,736 | 2,840 | 3,893 | 3,385 | 2,658 | 2,832 | 3,689 | 3,362 |
| Investments | 0 | 0 | 0 | 0 | 68 | 9 | 37 | 0 | 964 | 857 | 832 | 1,557 |
| 2,985 | 4,621 | 5,592 | 6,909 | 8,604 | 10,976 | 11,709 | 11,166 | 10,288 | 11,420 | 13,761 | 12,569 | |
| Total Assets | 5,593 | 6,276 | 8,019 | 10,575 | 14,439 | 16,733 | 18,368 | 16,341 | 15,439 | 16,640 | 19,709 | 18,908 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 376 | 269 | 614 | 1,299 | 1,169 | 44 | 1,082 | 1,624 | 2,845 | 1,080 | 131 | 1,204 | |
| -1,038 | -171 | -1,007 | -1,518 | -2,512 | -278 | -1,323 | 206 | -202 | -379 | -1,427 | 468 | |
| 856 | -248 | 440 | 350 | 1,569 | 502 | 261 | -2,295 | -3,028 | -431 | 1,022 | -2,503 | |
| Net Cash Flow | 194 | -151 | 47 | 132 | 227 | 268 | 20 | -466 | -385 | 270 | -274 | -831 |
| Free Cash Flow | -666 | -284 | -407 | -434 | -4,253 | -5,042 | -3,229 | -2,360 | -1,071 | -4,473 | -4,134 | 1,242 |
| CFO/OP | 64% | 33% | 62% | 99% | 74% | 12% | 60% | 233% | 280% | 88% | 5% | 80% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 167 | 80 | 66 | 53 | 45 | 44 | 42 | 37 | 48 | 39 | 46 | 67 |
| Inventory Days | 512 | 586 | 336 | 341 | 345 | 381 | 378 | 280 | 272 | 294 | 189 | |
| Days Payable | 448 | 380 | 252 | 237 | 216 | 260 | 249 | 254 | 226 | 237 | 141 | |
| Cash Conversion Cycle | 231 | 286 | 66 | 137 | 149 | 173 | 163 | 165 | 74 | 85 | 103 | 115 |
| Working Capital Days | -67 | -14 | -8 | 13 | 23 | 13 | 23 | 84 | 42 | 44 | 65 | 124 |
| ROCE % | 14% | 18% | 18% | 18% | 17% | 14% | 13% | 3% | 5% | 10% | 15% | 13% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Order Book Rs. Cr ・Standalone data |
|
|||||||||||
| Order Book Mix - Mining share % of total order book ・Standalone data |
||||||||||||
| Order Book Mix - Roads & Highways share % of total order book ・Standalone data |
||||||||||||
| Order Inflows (Annual) Rs. Cr ・Standalone data |
||||||||||||
| Pachhwara Coal Production MMT (Million Metric Tonnes) |
||||||||||||
| Pachhwara Over Burden (OB) Production Mn BCM (Million Bank Cubic Metres) |
||||||||||||
| Siarmal Coal Production MMT (Million Metric Tonnes) |
||||||||||||
| Siarmal Over Burden (OB) Production Mn BCM (Million Bank Cubic Metres) |
||||||||||||
Requires Premium
Requires Premium
Extracted by Screener AI
Documents
Announcements
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Natural Calamity At Anakkampoyil-Kalladi-Meppadi Tunnel Project Site.
1d - July 7, 2026 landslide at Anakkampoyil–Kalladi–Meppadi tunnel site; rescue operations and personnel accounting underway.
-
Dilip Buildcon Limited Has Received Letter Of Award (LOA) For Construction Of Diversion Road From 4/700 Km To 11/500 Km Of Duduka-Gopalpur-Toparia Road (6 Lane With Service Road) In The District Of Sundargarh On EPC Mode, Order Worth Rs. 160.20 Crores.
1d - Dilip Buildcon received LOA for 6-lane diversion road project in Odisha worth Rs. 160.20 crore.
-
Dilip Buildcon Limited Has Received Letter Of Award (LOA) For Construction Of Diversion Road From 4/700 Km To 11/500 Km Of Duduka-Gopalpur-Toparia Road (6 Lane With Service Road) In The District Of Sundargarh On EPC Mode, Order Worth Rs. 160.20 Crores.
1d - Dilip Buildcon received LOA for Sundargarh diversion road EPC project worth ₹160.20 crore, to complete in 18 months.
-
Received Provisional Completion Certificate For Bengaluru-Vijayawada Expressway Package-7 Limited.
2d - Received completion certificate for Bengaluru-Vijayawada Expressway Package-7; Rs. 780.12 crore project declared fit for commercial operation from 02.06.2026.
-
Received Provisional Completion Certificate For Bengaluru-Vijayawada Expressway Package-1 Limited And Bengaluru-Vijayawada Expressway Package-4 Limited.
3 Jul - Provisional completion certificates received for Bengaluru-Vijayawada Expressway Packages 1 and 4; commercial operation dates 2 May and 4 May 2026.
Annual reports
Concalls
-
May 2026Transcript PPT
-
Feb 2026Transcript PPT
-
Nov 2025Transcript PPT
-
Aug 2025Transcript PPT
-
May 2025Transcript PPT REC
-
Feb 2025Transcript PPT
-
Nov 2024Transcript PPT
-
Aug 2024Transcript PPT
-
May 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Jan 2024TranscriptAI SummaryPPT
-
Nov 2023Transcript PPT
-
Aug 2023Transcript PPT
-
May 2023Transcript PPT
-
Mar 2023TranscriptPPT
-
Feb 2023Transcript PPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
Jun 2022Transcript PPT
-
Feb 2022TranscriptAI SummaryPPT
-
Nov 2021TranscriptAI SummaryPPT
-
Nov 2021TranscriptAI SummaryPPT
-
Aug 2021TranscriptAI SummaryPPT
-
May 2021TranscriptAI SummaryPPT
-
Feb 2021TranscriptAI SummaryPPT
-
Nov 2020TranscriptAI SummaryPPT
-
Aug 2020TranscriptAI SummaryPPT
-
Aug 2020TranscriptAI SummaryPPT
-
May 2020TranscriptAI SummaryPPT
-
Feb 2020TranscriptAI SummaryPPT
-
Nov 2019TranscriptAI SummaryPPT
-
Aug 2019TranscriptAI SummaryPPT
-
May 2019TranscriptAI SummaryPPT
-
Apr 2019TranscriptAI SummaryPPT
-
Feb 2019TranscriptAI SummaryPPT
-
Nov 2018TranscriptAI SummaryPPT
-
Aug 2018TranscriptAI SummaryPPT
-
May 2018TranscriptAI SummaryPPT
-
May 2018TranscriptAI SummaryPPT
-
Mar 2018TranscriptAI SummaryPPT
-
Feb 2018TranscriptAI SummaryPPT
-
Nov 2017TranscriptAI SummaryPPT
-
Aug 2017TranscriptAI SummaryPPT
-
May 2017TranscriptAI SummaryPPT
-
Mar 2017TranscriptAI SummaryPPT
-
Feb 2017TranscriptAI SummaryPPT
-
Feb 2017TranscriptAI SummaryPPT
-
Jan 2017TranscriptAI SummaryPPT
-
Dec 2016TranscriptAI SummaryPPT
-
Nov 2016TranscriptAI SummaryPPT
-
Oct 2016TranscriptAI SummaryPPT
Business Segments
(i) EPC Projects & Road Infrastructure Maintenance (~93% in FY24 vs ~99% in FY23): [1] Comprises construction business, where it undertakes road, irrigation, airport, metro rail viaduct, and mining excavation projects on an EPC basis; and infrastructure maintenance and operations of BOT road projects.
(ii) Annuity Projects & Others (7% in FY24 vs ~1% in FY23): Comprises projects undertaken on a hybrid annuity basis, toll basis, annuity basis, and annuity plus toll basis. [2]
Order Book*
As of FY24, the company had an order book of Rs. ~17,400 Cr vs Rs. ~25,600 Cr in FY22. [3]