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Economic Times
04-08-2025
- Business
- Economic Times
Dilip Buildcon shares gain 4% after JV wins Rs 1,500 crore Gurugram Metro Rail contract
Dilip Buildcon shares surged 4.4% to their day's high of Rs 478 on the BSE on Monday, August 4, after the company announced that its joint venture with RBL Bank has emerged as the lowest (L1) bidder for a Rs 1,503.6 crore railway construction project awarded by Gurugram Metro Rail. ADVERTISEMENT The contract involves building a viaduct and 14 elevated stations from Millennium City Centre to Sector 9 and Dwarka Expressway (1.85 km), including a ramp to the depot at Sector 33. The JV will also construct an underpass at Bhaktawar Chowk, excluding PEB and architectural finishing works for the Gurugram Metro Corridor between Millennium City Centre and Cyber City (26.65 km). Additionally, the project includes constructing a spur from Basai village to Dwarka Expressway (1.85 km) with permeable structures and a total of 27 stations. The entire project is to be completed within 30 months. Also Read: These 10 stocks delivered consistent dividend yields over the last 3 years On July 29, Dilip Buildcon reported a 94% year-on-year jump in consolidated net profit to Rs 271 crore for Q1FY26, aided by improved margins and an exceptional gain of Rs 170 crore. EBITDA rose 9% to Rs 520 crore, with margins expanding to 20% from 15% a year revenue declined 16% YoY to Rs 2,620 crore, reflecting a slowdown in EPC (engineering, procurement, and construction) order inflows. ADVERTISEMENT As of June 30, 2025, the company's order book stood at Rs 13,695 crore. Mining contributed the largest share at 28.9%, followed by roads and highways at 17.8%. Other segments include irrigation, tunnels, water supply, optical fibre, urban development, bridges, and metro Director and CEO Devendra Jain acknowledged the EPC headwinds but highlighted that coal mining and HAM (Hybrid Annuity Model) road projects have provided support. 'We remain optimistic about securing a healthy quantum of orders in the coming quarters. With that, all three of our growth engines will accelerate,' he said. ADVERTISEMENT Separately, the board has approved raising up to Rs 1,000 crore each through the issuance of non-convertible debentures (NCDs) and commercial papers via private placement. Also Read: PNB Housing Finance, RBL Bank among 10 small-cap stocks where FIIs increased stake in Q1 ADVERTISEMENT According to Trendlyne, the average target price for Dilip Buildcon stands at Rs 453, implying a potential downside of about 1% from current levels. Among six analysts covering the stock, the consensus recommendation is 'Sell'.The stock has declined 11% in the past month and 10% over the last 12 months. However, it has delivered a 43% return over the last two years. Dilip Buildcon's current market capitalisation is around Rs 6,696 crore. (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
04-08-2025
- Business
- Time of India
Dilip Buildcon shares in focus after JV wins Rs 1,500 crore Gurugram Metro Rail contract
Dilip Buildcon shares will be in focus on Monday, August 4, after the company announced that its joint venture (JV) with RBL Bank has emerged as the lowest (L1) bidder for a Rs 1,504 crore railway construction project awarded by Gurugram Metro Rail. The contract involves building a viaduct and 14 elevated stations from Millennium City Centre to Sector 9 and Dwarka Expressway (1.85 km), including a ramp to the depot at Sector 33. The JV will also construct an underpass at Bhaktawar Chowk, excluding PEB and architectural finishing works for the Gurugram Metro Corridor between Millennium City Centre and Cyber City (26.65 km). Additionally, the project includes constructing a spur from Basai village to Dwarka Expressway (1.85 km) with permeable structures and a total of 27 stations. The entire project is to be completed within 30 months. Also Read: These 10 stocks delivered consistent dividend yields over the last 3 years Q1 earnings snapshot On July 29, Dilip Buildcon reported a 94% year-on-year jump in consolidated net profit to Rs 271 crore for Q1FY26, aided by improved margins and an exceptional gain of Rs 170 crore. EBITDA rose 9% to Rs 520 crore, with margins expanding to 20% from 15% a year ago. However, revenue declined 16% YoY to Rs 2,620 crore, reflecting a slowdown in EPC (engineering, procurement, and construction) order inflows. As of June 30, 2025, the company's order book stood at Rs 13,695 crore. Mining contributed the largest share at 28.9%, followed by roads and highways at 17.8%. Other segments include irrigation, tunnels, water supply, optical fibre, urban development, bridges, and metro projects. Managing Director and CEO Devendra Jain acknowledged the EPC headwinds but highlighted that coal mining and HAM (Hybrid Annuity Model) road projects have provided support. 'We remain optimistic about securing a healthy quantum of orders in the coming quarters. With that, all three of our growth engines will accelerate,' he said. Separately, the board has approved raising up to Rs 1,000 crore each through the issuance of non-convertible debentures (NCDs) and commercial papers via private placement. Also Read: PNB Housing Finance, RBL Bank among 10 small-cap stocks where FIIs increased stake in Q1 Dilip Buildcon stock performance & target price According to Trendlyne, the average target price for Dilip Buildcon stands at Rs 453, implying a potential downside of about 1% from current levels. Among six analysts covering the stock, the consensus recommendation is 'Sell'. The stock has declined 11% in the past month and 10% over the last 12 months. However, it has delivered a 43% return over the last two years. Dilip Buildcon's current market capitalisation is around Rs 6,696 crore. ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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Business Standard
30-07-2025
- Business
- Business Standard
Dilip Buildcon shares jump 6% after Q1 results; check details here
Shares of Dilip Buildcon surged over 6 per cent on Wednesday after the company's net profit zoomed 93 per cent in the June quarter of the current financial year (Q1FY26). The civil construction firm's stock rose 6.52 per cent to ₹505 per share, the steepest gain since June 26 this year. The stock pared some gains to trade 2.5 per cent higher at ₹485.9 apiece, compared to a 0.14 per cent advance in Nifty 50 as of 12:17 PM. Shares of the company rose for the second straight day and currently trade at 7.6 times the average 30-day trading volume, according to Bloomberg. The counter has risen 7.8 per cent this year, compared to a 5 per cent advance in the benchmark Nifty 50. Dilip Buildcon has a total market capitalisation of ₹7,098.74 crore. Track LIVE Stock Market Updates Here Dilip Buildcon Q1 results The company reported a 93.6 per cent year-on-year (Y-o-Y) surge in consolidated net profit to ₹271 crore in Q1 FY26, compared with ₹140 crore in the same period last year. Despite the strong bottom-line performance, revenue from operations declined 16.4 per cent to ₹2,620 crore in Q1 FY26, down from ₹3,134 crore in Q1 FY25. Profit before tax more than tripled, rising 191.26 per cent to ₹330.50 crore from ₹113.47 crore a year ago. On the operational front, Ebitda (excluding other income) increased 8.7 per cent Y-o-Y to ₹520 crore, compared with ₹478 crore in the corresponding quarter last year. The Ebitda margin expanded to 19.85 per cent in Q1 FY26, up from 15.25 per cent a year earlier. As of 30 June 2025, Dilip Buildcon's net order book stood at ₹13,695 crore. Mining projects accounted for the largest share at 28.86 per cent, followed by irrigation projects at 21.83 per cent and roads and highways at 17.81 per cent. "We remain optimistic about securing a healthy volume of new orders in the coming quarters. Once that materialises, all three of our growth engines will be operating in accelerated mode," Devendra Jain, managing director & CEO, said. The board of directors of Dilip Buildcon approved the issuance of non-convertible debentures (NCDs) and commercial papers (CPs) up to Rs 1,000 crore through private placement. About Dilip Buildcon The firm is presently in the business of developing infrastructure facilities on an Engineering Procurement and Construction basis (EPC) and undertakes contracts from various government and other parties and special-purpose vehicles promoted by the company.
Business Standard
30-07-2025
- Business
- Business Standard
Dilip Buildcon gains as Q1 PAT zooms 94% YoY to Rs 271 cr
Dilip Buildcon added 4.04% to Rs 491.35 after the company's consolidated net profit soared 93.57% to Rs 271 crore in Q1 FY26, compared with Rs 140 crore in Q1 FY25. However, revenue from operations fell 16.40% year on year (YoY) to Rs 2,620 crore in Q1 FY26. Profit before tax was at Rs 330.50 in Q1 FY26, up 191.26% as against Rs 113.47 crore in Q1 FY25. EBITDA (excluding other income) stood at Rs 520 crore in Q1 FY26, up 8.79%, compared with Rs 478 crore in Q1 FY25. EBITDA margin stood at 19.85% in Q1 FY26 as against 15.25% in Q1 FY25. Revenue from the engineering, procurement, and construction (EPC) segment declined by 32.54% to Rs 1,825.22 crore in Q1 FY26, compared to Rs 2,705.64 crore in the corresponding quarter of the previous year. In contrast, revenue from the Annuity Projects & Others segment increased by 85.55% YoY, reaching Rs 795.11 crore in Q1 FY26. As of 30 June 2025, the net order book stands at Rs 13,695 crore. Of this, mining projects constitute the largest share at 28.86%, followed by irrigation projects at 21.83%, and roads and highways at 17.81%. Tunnel projects account for 12.83%, optical fiber projects make up 7.04%, while special bridge and urban development projects contribute 5.28%. Water supply projects represent 4.26% of the order book, and metro projects account for the remaining 2.09%. Commenting on the results, Devendra Jain, managing director & CEO, said:"Our EPC business is currently facing industry headwinds due to subdued ordering activity across the infrastructure sector. However, a strong ramp-up in our coal business and a maturing road HAM portfolio have supported our earnings and cash flows, which is reflected in our consolidated financials. We remain optimistic about securing a healthy volume of new orders in the coming quarters. Once that materializes, all three of our growth engines will be operating in accelerated mode." The board of directors of Dilip Buildcon approved the issuance of non-convertible debentures (NCDs) and commercial papers (CPs) up to Rs 1,000 crore through private placement. Dilip Buildcon is presently in the business of development of infrastructure facilities on an Engineering Procurement and Construction basis (EPC) and undertakes contracts from various government and other parties and special purpose vehicles promoted by the company.
Time of India
30-07-2025
- Business
- Time of India
Dilip Buildcon shares zoom 7% after Q1 profit surges 94% YoY to Rs 271 crore
Live Events Dilip Buildcon Shares Target Price (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Dilip Buildcon zoomed 7.2% to their intraday high of Rs 506.65 on the BSE in early trade on Wednesday after the company reported a 93.6% year-on-year (YoY) rise in consolidated net profit to Rs 271 crore for Q1FY26. The surge was driven by improved margins and an exceptional gain of Rs 169.3 grew 8.7% to Rs 520 crore, while EBITDA margin rose sharply to 19.8% from 15.2% a year ago. However, revenue fell 16.4% YoY to Rs 2,620 crore, reflecting a slowdown in engineering, procurement, and construction (EPC) the quarter, the company completed key road projects, including a Rs 925 crore section of the Bangalore–Chennai Expressway in Andhra Pradesh and a Rs 680 crore stretch of the Raipur–Visakhapatnam Economic Corridor in of June 30, 2025, the company's order book stood at Rs 13,695 crore. Mining accounted for the largest share at 28.9%, followed by roads and highways at 17.8%. Other segments included irrigation, tunnels, water supply, optical fibre, urban development, bridges, and metro Director and CEO Devendra Jain said that while EPC headwinds remain, the coal mining and Hybrid Annuity Model (HAM) road projects helped cushion the impact.'We remain optimistic about winning a decent quantum of orders in the coming quarters. Post that, all three of our growth engines will be on accelerated mode,' he the board approved the issuance of non-convertible debentures and commercial papers worth up to Rs 1,000 crore each through private to Trendlyne, the average target price for Dilip Buildcon is Rs 442, indicating a potential downside of around 7% from current levels. Among six analysts tracking the stock, the consensus recommendation is 'Sell'.While the stock has declined over 8% in the past year, it has delivered an 85% return over the last two years. The company's current market capitalisation stands at approximately Rs 6,905 crore.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
