Dilip Buildcon Ltd
Dilip Buildcon Ltd Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Q4 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
FY27 standalone revenue is targeted to grow by 30% to 40% compared to FY26 revenue of INR7,005 crores. DBL targets 30% to 40% revenue growth in FY27 from FY26 levels, supported by a healthy order book of ~INR28,000 crores.
From Dilip Buildcon Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- FY27 standalone revenue is targeted to grow by 30% to 40% compared to FY26 revenue of INR7,005 crores.
- Coal mining revenue is expected to increase from INR1,600 crores in FY26 to about INR2,500 crores in FY27, and further to INR3,000+ crores in FY28.
- By FY29, coal production is targeted at around 57 million metric tons, scaling up the mining business significantly.
- Overall coal business revenue is projected to reach approximately INR4,000 crores by FY29.
- The order inflow target for FY27 is INR10,000 crores to INR12,000 crores, providing visibility up to FY30.
- EBITDA margins are expected to remain around 11%-12% in EPC.
- Mining margins are stabilizing around 24%-25%, with potential for improvement due to economies of scale and new coal handling plant.
- By FY29, about 75% of profits are expected from long-term assets, with only 25% from EPC.
Profitability & Margins
See what Dilip Buildcon Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Dilip Buildcon plans equity investment of about INR1,600 crores in solar (INR1,200 crores) and transmission (INR400 crores) projects during FY27 and FY28.
- The company aims to raise 85% of this equity from external investors, with DBL contributing the remaining 15%.
- These investments are structured via separate SPVs for solar and transmission projects.
- For 11 road assets to be transferred to Anantam InvIT, approximately INR169 crores of additional investment is needed for completion.
- Capex focus includes building these assets with an eye on monetization and divestment to achieve net debt-free status by FY28.
- Total capex for standalone operations was not explicitly stated but implied through these strategic investments.
- Commissioning deadline for the new projects is approximately 2 years from the start date (around April 2026 onwards).
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Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Dilip Buildcon Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- As of May 14, 2026, Dilip Buildcon Limited's current order book stands at approximately INR28,800 crores.
- The standalone EPC order book is healthy and diversified with strong execution visibility across multiple infrastructure segments.
- The company secured total order inflows of INR18,548 crores in FY26, exceeding their original guidance.
- They are targeting new order inflow of about INR10,000 to INR12,000 crores for FY27 to maintain revenue visibility up to FY30.
- The company focuses on selective tendering prioritizing profitability, cash flow visibility, and return ratios over pure topline growth.
- Order backlog includes government contracts and orders from coal business, which is growing with increasing volumes.
- The order book actively updates quarterly due to ongoing projects and business expansion.
Dilip Buildcon Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹2.3K Cr, net profit ₹124 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Dilip Buildcon Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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Frequently Asked Questions
What were Dilip Buildcon Ltd Q4 FY26 results?
FY27 standalone revenue is targeted to grow by 30% to 40% compared to FY26 revenue of INR7,005 crores. DBL targets 30% to 40% revenue growth in FY27 from FY26 levels, supported by a healthy order book of ~INR28,000 crores.
What is Dilip Buildcon Ltd share price analysis?
Dilip Buildcon Ltd currently shows a neutral. The stock trades at a P/E of 12.0 with a market cap of ₹6,698 Cr. Investors should review the full earnings analysis for detailed insights.
Is Dilip Buildcon Ltd planning capital expenditure?
Dilip Buildcon plans equity investment of about INR1,600 crores in solar (INR1,200 crores) and transmission (INR400 crores) projects during FY27 and FY28.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.