Dilip Buildcon Ltd
Dilip Buildcon Ltd
ConstructionKey Fundamentals
MicrocapCivil ConstructionConstructionInsights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Dilip Buildcon Ltd insights
56 extracted metrics + investor summaries across FY10–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Stock is trading at 1.00 times its book value
- Company has delivered good profit growth of 19.1% CAGR over last 5 years
Weaknesses
8- 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.1,058 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
Growth Rate
AI Analysis — Bull vs Bear
Dilip Buildcon trades at a PE of 4.9x and 1.0x book value with a market cap of Rs.6,841 Cr, reflecting deep value metrics but offset by declining revenues (TTM sales growth of -21%), rising working capital days (124 days), and falling promoter holding. Profit growth has been strong at 30% TTM and 61% CAGR over 3 years, though revenue contraction and balance sheet stress present a mixed picture.
- Stock trades at just 1.0x price-to-book value, indicating deep value territory for an infrastructure company of this scale
- PE ratio of 4.9x is significantly below the construction sector average, suggesting earnings are being heavily discounted by the market
- Compounded profit growth of 61% CAGR over the last 3 years demonstrates a sharp earnings recovery
- TTM profit growth of 30% shows continued earnings momentum despite revenue headwinds
- 5-year compounded profit CAGR of 19.1% indicates sustained long-term earnings growth capability
- ROE improved to 10% in the last year from a 3-year average of 8%, suggesting improving capital efficiency
- 10-year compounded sales CAGR of 8% reflects a track record of scaling revenue over longer business cycles
- TTM sales declined 21%, indicating a severe revenue contraction and potential order execution slowdown
- Working capital days surged from 77.8 to 124 days, pointing to significant cash flow stress and delayed collections
- Debtor days increased from 50.5 to 67.2 days, reflecting deteriorating receivable quality possibly from government clients
- Low interest coverage ratio signals that debt servicing burden is straining operating profits
- Promoter holding declined by 7.01% over the last 3 years, raising concerns about insider confidence or pledging activity
- 5-year compounded sales CAGR is negative at -2.44%, showing the company has struggled to grow its topline over a meaningful period
- Earnings include other income of Rs.1,396 Cr, suggesting core operating profit quality may be overstated
- 3-year ROE of only 7.67% is below cost-of-equity benchmarks, implying the company has not adequately rewarded shareholders' capital over this period
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Landslide hits tunnel project site Jul 7
A landslide struck Dilip Buildcon's Anakkampoyil-Kalladi-Meppadi tunnel project in Wayanad amid heavy rainfall. The company is aiding rescue operations and cooperating with authorities, posing potential project delays and reputational risk.
- ₹2524 Cr Chhattisgarh WRD order Jul 28
Dilip Buildcon secured a Rs 2524.32 crore work order from the Water Resources Department of Chhattisgarh, adding to a confirmed backlog of Rs 1016.60 crore representing 0.39 quarters of revenue coverage.
- ₹160 Cr road project in Odisha Jul 7
Secured an EPC road project worth Rs 160.20 Cr from OB&CC Ltd in Sundargarh, Odisha, involving construction of a 6-lane diversion road with service road over an 18-month timeline.
- ₹2500 Cr order details awaited Jul 28
Dilip Buildcon secured a new order valued at ₹2500 crores, but no details on scope, nature, or timeline were disclosed. Likely the same as the Chhattisgarh WRD order reported the same day.
TL;DR: Dilip Buildcon is on a strong order-win streak, adding over ₹2,680 crore in new orders in July 2025 across water resources and road segments. The landslide incident at the Wayanad tunnel site is a near-term operational and safety risk but appears contained. Overall momentum is positive with a growing order book, though execution risks from weather-related disruptions remain a watchpoint heading into monsoon season.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,921 | 2,849 | 2,877 | 3,366 | 3,134 | 2,497 | 2,590 | 3,096 | 2,620 | 1,926 | 2,138 | 2,300 | 2,378 |
| Expenses | 2,527 | 2,508 | 2,520 | 3,036 | 2,656 | 1,962 | 2,113 | 2,435 | 2,100 | 1,455 | 1,756 | 1,908 | 1,949 |
| Operating Profit | 394 | 341 | 357 | 330 | 478 | 535 | 477 | 661 | 521 | 471 | 382 | 392 | 429 |
| OPM % | 13% | 12% | 12% | 10% | 15% | 21% | 18% | 21% | 20% | 24% | 18% | 17% | 18% |
| Other Income | 24 | 135 | 155 | 149 | 20 | 182 | 138 | 86 | 386 | 191 | 755 | 65 | 47 |
| Interest | 256 | 261 | 244 | 252 | 297 | 322 | 320 | 309 | 498 | 320 | 349 | 236 | 245 |
| Depreciation | 97 | 96 | 95 | 90 | 88 | 86 | 86 | 87 | 78 | 77 | 75 | 68 | 74 |
| PBT | 64 | 118 | 173 | 137 | 113 | 309 | 208 | 350 | 330 | 265 | 713 | 153 | 157 |
| Tax % | 81% | 38% | 35% | 98% | -23% | 14% | 24% | 21% | 18% | 19% | -11% | 19% | 19% |
| Net Profit | 12 | 73 | 113 | 3 | 140 | 266 | 158 | 277 | 271 | 214 | 789 | 124 | 128 |
| EPS in Rs | 0.87 | 4.69 | 7.34 | 0.37 | 8.17 | 16.09 | 7.88 | 11.68 | 14.1 | 11.17 | 51.09 | 3.82 | 6.95 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,762 | 4,206 | 5,227 | 7,891 | 9,403 | 9,701 | 10,166 | 9,564 | 10,630 | 12,012 | 11,317 | 8,984 | 8,741 |
| Expenses | 2,075 | 3,225 | 4,067 | 6,420 | 7,638 | 7,631 | 8,032 | 8,788 | 9,673 | 10,590 | 9,158 | 7,218 | 7,067 |
| Operating Profit | 687 | 981 | 1,160 | 1,472 | 1,765 | 2,070 | 2,133 | 776 | 957 | 1,421 | 2,159 | 1,766 | 1,674 |
| OPM % | 25% | 23% | 22% | 19% | 19% | 21% | 21% | 8% | 9% | 12% | 19% | 20% | 19% |
| Other Income | 7 | 16 | 12 | 41 | 46 | 105 | 70 | -22 | 447 | 462 | 417 | 1,396 | 1,058 |
| Interest | 354 | 519 | 555 | 590 | 872 | 1,136 | 1,174 | 1,057 | 901 | 1,013 | 1,249 | 1,403 | 1,150 |
| Depreciation | 206 | 200 | 245 | 292 | 362 | 470 | 443 | 400 | 398 | 379 | 346 | 298 | 294 |
| PBT | 133 | 277 | 372 | 631 | 577 | 569 | 586 | -704 | 103 | 492 | 981 | 1,461 | 1,288 |
| Tax % | 34% | 17% | 4% | 10% | 6% | 29% | 29% | -22% | 101% | 59% | 14% | 4% | — |
| Net Profit | 88 | 230 | 358 | 578 | 547 | 405 | 437 | -550 | -1 | 201 | 840 | 1,398 | 1,255 |
| 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 | 73.03 |
| Div. Payout % | 1% | 0% | 4% | 2% | 2% | 4% | 5% | 0% | 157% | 8% | 2% | 1% | — |
Balance Sheet
| 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 |
| Borrowings | 3,512 | 3,630 | 4,230 | 4,949 | 7,406 | 9,060 | 10,508 | 8,783 | 6,658 | 7,240 | 9,525 | 8,041 |
| Other Liabilities | 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 |
| Fixed Assets | 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 |
| Other Assets | 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 Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 376 | 269 | 614 | 1,299 | 1,169 | 44 | 1,082 | 1,624 | 2,845 | 1,080 | 131 | 1,204 |
| Investing | -1,038 | -171 | -1,007 | -1,518 | -2,512 | -278 | -1,323 | 206 | -202 | -379 | -1,427 | 468 |
| Financing | 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
| 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% |
Documents
Frequently Asked Questions about Dilip Buildcon Ltd
What does Dilip Buildcon Ltd do?
Where is Dilip Buildcon Ltd (DBL) listed?
Which sector does Dilip Buildcon Ltd belong to?
What is the market capitalisation of Dilip Buildcon Ltd?
What is the PE ratio of Dilip Buildcon Ltd?
What is the 52-week high and low of Dilip Buildcon Ltd?
Does Dilip Buildcon Ltd pay dividends?
What is the Return on Equity (ROE) of Dilip Buildcon Ltd?
How can I research Dilip Buildcon Ltd on Tapetide?
Company Information
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]