Latest news with #DilipBuildcon
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Business Standard
04-08-2025
- Business
- Business Standard
Smallcap infra stock under ₹500 jumps 4%; here's what drove the rise
Dilip Buildcon share price today: Shares of infrastructure firm, Dilip Buildcon, experienced a rise of over 4 per cent on Monday, August 4, 2025, logging an intraday high of ₹468.30. At 2:20 PM, shares of Dilip Buildcon were trading at ₹471.25, up by 2.89 per cent on the BSE. In comparison, BSE Sensex was trading at 81,034.45 level, up by 434 points or 0.54 per cent. The shares are currently down by 24 per cent from their 52-week high of ₹588.40, while the 52-week low stands at ₹363.45. Meanwhile, RBL shares were up by 2 per cent, logging an intraday high of ₹265.25. Why Dilip Buildcon shares were buzzing in trade today? The buying interest on the counter came after the company announced that its joint venture (JV) with RBL Bank emerged as the lowest (L1) bidder for a ₹1,503.63 crore Gurugram metro rail construction contract. The project covers the construction of a 26.65-km elevated viaduct with 14 stations and a 1.85 km spur. The project completion time is set for 30 months. The contract includes the "construction of viaduct and 14 elevated stations from Millennium City Centre to Sector 9 (Inclusive) from chainage 381 m to 12603 m, spur to Dwarka Expressway (1.85 km) and ramp to Depot at Sector 33, underpass at Bhaktawar Chowk excluding PEB and Architectural finishing works of Gurugram Metro Corridor between Millennium City Centre and Cyber City (26.65 Km) and Spur from Basai Village to Dwarka Expressway (1.85 Km) with total 27 stations," the regulatory filing read. It is worth mentioning that just a few months back, the company had received a letter of acceptance (LoA) for a ₹1,341 crore project from Konkan Railway Corporation Ltd. Dilip Buildcon Q1FY26 earnings The company reported a profit after tax (PAT) of ₹271 crore during the quarter ended June 30, 2025, marking a rise of over 93 per cent Y-o-Y from ₹140 crore recorded in the corresponding quarter of the previous quarter. However, on a sequential basis, the company witnessed a decline of 1.8 per cent in PAT. Consolidated revenue from operations for the quarter under review stood at ₹2,620 crore, down by 16 per cent from ₹3,134 crore recorded in the first quarter of the last financial year. Earnings before interest, taxes, depreciation and amortisation (Ebitda) advanced 4.6 per cent Y-o-Y to 19.85 per cent in Q1FY26. The figure stood at 15.25 per cent during the same quarter of the last fiscal year. Dilip Buildcon's net order book as on June 30, 2025, stands at ₹13,695 crore.
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)
Hindustan Times
04-08-2025
- Business
- Hindustan Times
Gurugram Metro Phase 1 builder finalised, work could start by end of month
The Gurugram Metro's Phase 1 construction — from Millennium City Centre to Sector 9, spanning 15.23km and 14 stations — could begin soon as a joint venture of Dilip Buildcon Ltd and Ranjit Buildcon Ltd (DBL-RBL) has emerged as the lowest bidder for the ₹1,586 crore construction tender with a bid of ₹1,503 crore, officials of Gurugram Metro Rail Limited (GMRL) said on Sunday. Millennium City Centre metro station in Gurugram Sector 29. (Parveen Kumar/HT Photo) Negotiations with the company will be held in the next 10 days after which they will be awarded the work, a GMRL official said, adding that the company is expected to start work at the project site by the end of this month. GMRL said that a total of six firms had bid for the project. 'The project involves construction of a 15.23-kilometre-long viaduct and 14 elevated metro stations, along with a 1.85km spur to Dwarka Expressway, an underpass at Bhakhtawar Chowk, and a ramp to the depot at Sector 33. The construction timeline is 30 months. The project cost is ₹1,503.63 crore,' Dilip Buildcon told SEBI (Securities and Exchange Board of India) on August 2. 'In accordance with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that the company through DBL-RBL JV has declared as L-1 bidder for the tender floated by GMRL,' it said. According to GMRL, the civil contractor will have to conduct a detailed survey of the alignment for the viaduct to fix the span and construct major components of the viaduct. The contractor will also build the station structure including track supporting structure, commercial area and other civil works including entry and exits to the stations. The contractor will set up a control room with round-the-clock radio communication or telephone switch board links with all safety offices, works sites, site offices, batching plants, casting yards, workshops and all locations. 'The Gururgam Metro project has to be completed in the next four years and this is the reason we are working hard to finalise the alignment of the phase two as well so that the tender for civil construction can be floated,' a senior GMRL official said. The metro stations, which will be constructed under Phase 1 are Millennium City Centre, which will be connected with the Delhi Metro station through an interchange, Sector 45, Cyber Park (Sector 46), Sector 47, Subhash Chowk, Sector 48, Sector 33, Hero Honda Chowk, Udyog Vihar Phase 6, Sector 10, Sector 37, Basai, Sector 9 and Sector 101, which will be connected through a spur. 'The joint venture of Dilip Buildcon and Ranjit Buildcon has emerged as the lowest bidder for the construction of first phase of Gurugram metro from Millennium City centre to Sector 9. Six companies had qualified for the financial bid, which were evaluated by GMRL. The negotiations with the lowest bidder will be held in next seven to 10 days after which work will be awarded. We expect the contractor to mobilise the site by the end of this month as construction of Gurugram Metro project is on high priority,' said a senior GMRL official. The six companies which qualified for the tender included L&T, GR Infra, Afcons, J Kumar and KLPT, said the official, adding that the bids were between ₹1,503 crore and ₹1,812 crore. The construction tender for the first phase of Gururgam Metro was floated on March 8 but it was extended in May as the scope of work had changed. The ₹5,452 crore Gurugram Metro extension project, whose foundation stone was laid by Prime Minister Narendra Modi on February 16 last year, will extend the metro line from Huda City Centre to Cyber Hub via Old Gurugram, covering a total distance of 28.5km with a total of 27 elevated stations.
Business Standard
02-08-2025
- Business
- Business Standard
Dilip Buildcon JV wins bid for Rs 1503 cr Gurugram Metro Rail project
Dilip Buildcon (DBL) announced that the Company through DBL-RBL JV has declared as L-1 bidder for the tender floated by the Gurugram Metro Rail (GMRL). The project entails construction of Viaduct and 14 elevated stations from Millennium City Centre to Sector 9 (Inclusive) from chainage (-)381 m to 12603 m, spur to Dwarka Expressway (1.85 km) and ramp to Depot at Sector 33, underpass at Bhaktawar Chowk excluding PEB and Architectural finishing works of Gurugram Metro Corridor between Millennium City Centre and Cyber City (26.65 Km) and Spur from Basai Village to Dwarka Expressway (1.85 Km) with total 27 stations. The project cost is Rs 1,503.63 crore.
