Dilip Buildcon Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹6,151 Cr
- P/E
- 11.03
- ROE
- 5.55%
- PEG
- 0.25
- Price to sales
- 0.72
- Debt to equity
- 1.18
- 52W high / low
- ₹512 / ₹360
- Sales growth (5Y)
- -2.44%
- EBITDA margin
- 19.15%
- Net profit margin
- 3.95%
- Promoter holding
- 63.14%
- Sales (last year)
- ₹8,741 Cr
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]
Guidance scorecard · Q1 FY27 call
What Dilip Buildcon Ltd's management guided
and where it ranks in Construction
Construction
RevenueQ1 FY27 call
40%+- DBL expects a 30%-40% growth in revenue for FY27, with significant ramp-up starting from Q3 and peaking in Q4, extending into Q1 FY28.
- MDO coal production planned at 27 million tonnes in Siarmal and 7 million tonnes in Pachhwara for FY27, aiming for 57 million tonnes by FY29.
- Post coal handling plant (CHP) completion (~1.5 years), MDO revenue and margins are expected to significantly increase with capacity moving from 42.5 million to 50 million tonnes.
- Bid pipeline is strong with approximately Rs. 1.5 lakh crore projects across sectors; overall bidding pipeline of Rs. 2.5 lakh crore to Rs. 3 lakh crore covering roads, highways, irrigation, metro, tunneling, etc.
2 more points from Dilip Buildcon Ltd's call on revenue
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MarginsQ1 FY27 call
FlatSee what Dilip Buildcon Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- Current and future CAPEX guidance remains under Rs. 100 crores per year on standalone basis, primarily for replacement of important equipment.
- Siarmal MDO project CAPEX originally envisaged at Rs. 2,730 crores, with 40%-45% already done; remaining equity of Rs. 235 crores to be met through internal accruals and cash at SPV level.
- Coal handling plant (CHP) completion at Siarmal expected by FY29; once CHP completed and peak capacity achieved, margin profile and value unlocking possible.
2 more points from Dilip Buildcon Ltd's call on capex
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FundraisingQ1 FY27 call
PlannedSee what Dilip Buildcon Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
- As of June 30, 2026, Dilip Buildcon Limited's order book stands at approximately Rs. 27,691 crores.
- The order book is diversified across 12 verticals including mining, roads, highways, irrigation, and renewable energy.
- Mining sector's reported order book is Rs. 5,224 crores (3-year rolling snapshot), with a larger balance contract value of around Rs. 1.03 lakh crores at current pricing beyond that.
- Order inflow for Q1 FY27 was about Rs. 268 crores.
- The company maintains a selective bidding strategy with a bid pipeline of around Rs. 1.5 lakh crores across sectors.
2 more points from Dilip Buildcon Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Construction
on management's own guidance
- Strong growth2
- 1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Construction companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | Dilip Buildcon LtdThis stock | 40%+ | Flat | ₹6,531 Cr | 11.7 |
| 2 | 40%+ | Flat | ₹1,089 Cr | 9.3 | |
| 3 | 40%+ | Flat | ₹898 Cr | 7.6 | |
| 4 | 40%+ | Flat | ₹807 Cr | 14.7 | |
| 5 | 40%+ | Flat | ₹554 Cr | 13.1 | |
| 6 | 40%+ | Flat | ₹516 Cr | 30.7 |
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Pro shows every company guiding 40%+ revenue growth →Full Construction rankingDilip Buildcon Ltd announcements
All announcements →- Order winNotableDilip Buildcon awarded ₹688.23 Cr contract for 4-lane elevated corridor in Maharashtra
- Order winNotableDilip Buildcon Ltd receives PNGRB authorization for LPG pipeline project
- Order winNotableDilip Buildcon Limited declared L-1 bidder for ₹688.23 Cr NH-65 elevated corridor project
- Order winNotableDilip Buildcon Ltd selected as L-1 bidder for 400 KV Yavatmal Transmission Project
- Order winNotableDilip Buildcon Limited declared L-1 bidder for 400 KV GIS Transmission Project
Financials of Dilip Buildcon Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Dilip Buildcon Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 2,841 | 2,921 | 2,849 | 2,877 | 3,366 | 3,134 | 2,497 | 2,590 | 3,096 | 2,620 | 1,926 | 2,138 | 2,300 |
| Expenses + | 2,671 | 2,527 | 2,508 | 2,520 | 3,036 | 2,656 | 1,962 | 2,113 | 2,435 | 2,100 | 1,455 | 1,756 | 1,908 |
| Operating Profit | 170 | 394 | 341 | 357 | 330 | 478 | 535 | 477 | 661 | 521 | 471 | 382 | 392 |
| OPM % | 6% | 13% | 12% | 12% | 10% | 15% | 21% | 18% | 21% | 20% | 24% | 18% | 17% |
| Other Income + | 48 | 24 | 135 | 155 | 149 | 20 | 182 | 138 | 86 | 386 | 191 | 755 | 65 |
| Interest | 128 | 256 | 261 | 244 | 252 | 297 | 322 | 320 | 309 | 498 | 320 | 349 | 236 |
| Depreciation | 97 | 97 | 96 | 95 | 90 | 88 | 86 | 86 | 87 | 78 | 77 | 75 | 68 |
| Profit before tax | -7 | 64 | 118 | 173 | 137 | 113 | 309 | 208 | 350 | 330 | 265 | 713 | 153 |
| Tax % | 859% | 81% | 38% | 35% | 98% | -23% | 14% | 24% | 21% | 18% | 19% | -11% | 19% |
| Net Profit + | -70 | 12 | 73 | 113 | 3 | 140 | 266 | 158 | 277 | 271 | 214 | 789 | 124 |
| EPS in Rs | -5.00 | 0.87 | 4.69 | 7.34 | 0.37 | 8.17 | 16.09 | 7.88 | 11.68 | 14.10 | 11.17 | 51.09 | 3.82 |
Financials of Dilip Buildcon Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 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% |
| Other Income + | 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% |
| Net Profit + | 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% |
Financials of Dilip Buildcon Ltd
Balance Sheet
Capital structure and asset base
| 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 |
Financials of Dilip Buildcon Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 376 | 269 | 614 | 1,299 | 1,169 | 44 | 1,082 | 1,624 | 2,845 | 1,080 | 131 | 1,204 |
| Cash from Investing Activity + | -1,038 | -171 | -1,007 | -1,518 | -2,512 | -278 | -1,323 | 206 | -202 | -379 | -1,427 | 468 |
| Cash from Financing Activity + | 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% |
Financials of Dilip Buildcon Ltd
Ratios
Working capital efficiency and return 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% |
Guidance history
How Dilip Buildcon Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 40%+ | Flat | Planned | Planned | — |
| Q4 FY26 call → | 20–40% | Flat | Planned | Planned | Rising |
| Q3 FY26 call → | 20–40% | Up 0–2% | None planned | Planned | Rising |
| Q2 FY26 call → | 10–20% | Flat | Planned | Planned | Flat |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
15 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −21.5% | 35% |
| Last 6 months | −18.5% | 21% |
| Last 3 months | −9.9% | 40% |
The price is 68% below its all-time high of ₹1,181.95 (6 Apr 2018). Stocks more than 20% below their peak have their score halved, so 30 became 15.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Dilip Buildcon Ltd: 0.4 × 35 + 0.4 × 21 + 0.2 × 40 = 30, halved to 15 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
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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