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Investor Presentation

Dilip Buildcon Investor Presentation: Key Takeaways

DBL reports consolidated revenue of ₹2,378 Cr for Q1 FY27, shifting strategy towards a multi-asset infrastructure developer with recurring annuity and MDO cash flows.

Highlights
MarginsConsolidated EBITDA margin 18.1%; MDO segment margin accretive at 27%.
Order book₹27,691 Cr as of June 30, 2026.
Demand visibilityHigh; order book at ₹27,691 Cr across 12 verticals.

Growth

Consolidated Revenue grew to ₹2,378 Cr with 18.1% EBITDA margin, compared to 19.9% in Q1 FY26.

Outlook

Targeting net debt positive at standalone levels; ramping coal production to 30 MMT; diversifying into Solar and Transmission.

Risks

Macro headwinds and margin variability in standalone EPC projects; transition risk from pure EPC to asset-heavy MDO/InvIT.

Last quarter's promises, checked

Delivered

  • Guided FY26 Order Inflow > INR 10,000-12,000 Cr → delivered INR 18,548 Cr (= BEAT)
  • Guided Siarmal FY26 production target → delivered 22.35 Cr tons (= BEAT)
  • Guided Standalone Interest Cost reduction → delivered 11% reduction (= BEAT)

Partly delivered

  • Guided MDO Margin ~24-25% → delivered 23% in Q4 FY26 (= PARTIAL)

Missed

  • Guided Standalone Revenue FY26 → delivered INR 7,005 Cr (22.2% YoY decline) (= MISS)
  • Guided Consolidated Revenue FY26 → delivered INR 8,984 Cr (20.6% YoY decline) (= MISS)
Source

Investor Presentation filed with BSE, NSE: DBL. Summary written with AI assistance from the document.

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Dilip Buildcon Ltd: key numbers

Share price
₹412.45
Market cap
₹6,700 Cr
Revenue (annual)
₹8,984 Cr
Net profit (annual)
₹1,302 Cr
P/E (TTM)
5.7×Sector 33.0×
Promoter holding
63.14%+0.00% QoQ
FII holding
1.99%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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15:40 IST BSE
Annual General Meeting

Dilip Buildcon Annual General Meeting

Dilip Buildcon's 20th AGM approved a per-share dividend and NCD/CP limits of up to ₹1,000 Cr each. Related party transaction limits were enhanced across subsidiaries.

14:50 IST BSE
Merger & Restructuring

Dilip Buildcon Merger & Restructuring Worth ₹6,829 Cr

DBL sells its 1,363 MW solar portfolio stake to Alpha Alternatives at an enterprise value of ₹6,829 Cr. The deal advances its asset-light, asset-recycling strategy.

Value
₹6,829 Cr
solar capacity
1363.0 MW
10:49 IST BSE
New Order Win

Dilip Buildcon Bags ₹1,265 Cr Order from REC Power Development and Consultancy Limited, on behalf of...

Dilip Buildcon selected as L-1 bidder for 400 KV Solapur/Paranda transmission station by RECPDCL on BOOT basis. EPC value is ₹1,265 Crore over 24-month construction period.

Value
₹1,265 Cr
From
REC Power Development and Consultancy Limited (RECPDCL), on behalf of Maharashtra State Transmission Utility
Execution
24 months construction + 35 years operation from COD (BOOT)
transmission switching station voltage class
400 KV
10:34 IST BSE
Merger & Restructuring

Dilip Buildcon Merger & Restructuring Worth ₹2,914 Cr

DBL sold its 51% stake in Mekhali Power Transmission SPV to Alpha Alternatives at ₹2,914 Cr enterprise value. The divestment advances its asset-light DBL 2.0 strategy.

Value
₹2,914 Cr
transmission line length
470.0 ckm
18:40 IST BSE
New Order Win

Dilip Buildcon Bags ₹1,800 Cr Order from Petroleum and Natural Gas Regulatory Board

Dilip Buildcon Ltd received an LOI from PNGRB for an LPG pipeline project from Paradip to Raipur, valued at approximately ₹1,800 Crore, to be executed over 36 months.

Value
₹1,800 Cr
From
Petroleum and Natural Gas Regulatory Board (PNGRB)
Execution
36 months