Fin Cascade
Get Android appGet iOS app

Prices as of 9 Oct 2026 close · Not investment advice

Dilip Buildcon Limited

NSE: DBLCivil Construction

Share price

₹395.65

-0.44% close of 9 Oct 2026

Market cap ₹6,410 CrP/E 11.5

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

55

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹6,410 Cr

P/E ratio

11.5

P/B ratio

0.9

ROCE

13.1%

ROE

5.5%

Dividend yield

0.2%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹524.4052-week low ₹386.15

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales fell 19.1% over the past year. Meanwhile what it keeps of every 100 rupees of sales improved from 5.6% to 19.4% over the last four years.

Whether it grew faster than its sector

It grew 7.8% a year against a sector median of 9.1% — 1.4 percentage points slower.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 0.2 times its growth rate, on earnings growth of 47%.

Profit growthPrice per ₹1 profitPer 1% growth
Dilip Buildcon Limited — this one47%/yr11.5×₹0.25
Larsen & Toubro17%/yr28.3×₹1.7
Rail Vikas Nigam Limited-13%/yr43.4×—
Kalpataru Projects International Limited36%/yr21.4×₹0.60
IRB Infrastructure Developers Limited8%/yr21.6×₹2.7
NBCC (India) Limited13%/yr29.2×₹2.2

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Civil Construction), it ranks 48 of 89 on returns, 51 of 84 on growth, 17 of 90 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 13.1% on capital, ahead of 46% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹6884 crore of cash from the business but spent ₹14523 crore on plant and equipment, ₹7639 crore more than it made, paid from its own cash and investments. And the profit is real: of every 100 rupees it reported over 12 years, about 259 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being waiting 84 days for its cash to waiting 122 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

3 of 9 checks clear · 33%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 10 Aug 2026 · Consolidated · Unaudited

Revenue

₹2,378 Cr

Revenue vs last year

-9.2%

Revenue vs last quarter

+3.4%

Net profit

₹128 Cr

Profit vs last year

-52.8%

Profit vs last quarter

+3.2%

Net margin

5.4%

EPS

₹7.88

Earnings call transcript · 11 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹6,410 Cr
Prev close
₹395.65
52w High
₹532
52w Low
₹382
Enterprise value
₹14,071 Cr
Beta
1.1
Price CAGR 1y
-22.0%
Price CAGR 3y
10.0%
Price CAGR 5y
-9.0%
Price CAGR 10y
6.0%

Ratios

Return on assets
7.4%
PEG ratio
0.2
P/E ratio
11.5
P/B ratio
0.9
EV / EBITDA
8.4
Industry P/E
15.8
ROCE
13.1%
ROCE 5y average
9.2%
ROE
5.5%
Debt / Equity
1.2
Interest coverage
2.0
Dividend yield
0.2%
ROE 3y average
5.0%
ROE last year
6.0%

Annual P&L

Annual revenue
₹8,984 Cr
Annual profit
₹1,398 Cr
Operating margin
20.0%
Net profit margin
15.6%
EBITDA margin
19.7%
Sales growth 3y
-5.5%
Sales growth 5y
-2.4%
Profit growth 3y
47.0%
Profit growth 5y
5.0%
EPS
₹80.2
Sales growth TTM
-19.0%
Profit growth TTM
22.0%
Dividend payout
1.0%

Quarter P&L

Sales latest quarter
₹2,378 Cr
Profit latest quarter
₹128 Cr
YoY quarterly sales growth
-9.3%
YoY quarterly profit growth
-52.8%
OPM latest quarter
18.1%

Balance Sheet

Book Value
₹422
Face Value
₹10.0
Total debt
₹8,041 Cr
Total cash
₹328 Cr
Borrowings
₹8,041 Cr
Reserves / Equity
41.2

Cash Flow

Operating cash flow
₹1,204 Cr
Free cash flow
₹1,242 Cr
FCF yield
-2.5%
Net cash flow
-₹1,073 Cr

Shareholding

Promoter holding
63.1%
FII holding
2.0%
DII holding
6.1%
Public holding
28.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Larsen & Toubro3,701.5028.95,09,2881.034,988.014.067,941.76.714.6
Rail Vikas195.8745.440,8390.87159.518.54,321.210.610.8
Kalpataru Proj.1,458.4022.424,9050.75311.545.16,408.03.818.3
IRB Infra.Devl.17.4421.421,0640.89306.351.32,137.31.87.5
NBCC76.7430.320,7201.30158.017.22,259.5-5.529.3
Cemindia Project1,137.8032.519,5460.26140.82.62,720.95.632.8
Engineers India308.3022.117,3281.62157.9141.5819.8-5.830.4
Dilip Buildcon409.2511.96,6480.24128.0-2.02,377.8-9.313.1
Median129.8116.26370.0010.617.7171.911.015.5

Competes with: Cemindia Projects Limited, Central Mine Planning & Design Institute Limited, Engineers India Limited, IRB Infrastructure Developers Limited, Ircon International Limited, KEC International Limited, Kalpataru Projects International Limited, Larsen & Toubro, NBCC (India) Limited, Rail Vikas Nigam Limited, Techno Electric & Engineering Company Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,9212,8492,8773,3663,1342,4972,5903,0962,6201,9262,1382,3002,378
Expenses2,5272,5082,5203,0362,6561,9622,1132,4352,1001,4551,7561,9081,949
Material Cost1,9791,3211,6681,7601,859
Change in Inventories-8.72-1.44-24-36-64
Purchases of Stock-in-Trade00000
Employee Cost4746417046
Other Expenses838971114107
Operating Profit394341357330478535477661521471382392429
OPM %1312129.80152118212024181718
Other Income2413515514920182138863861917556547
Exceptional items (within Other Income)1691225853.620.05
Interest256261244252297322320309498320349236245
Depreciation97969590888686877877756874
Profit before tax64118173137113309208350330265713153157
Tax %81383598-231424211819-111919
Net Profit12731133140266158277271214789124128
EPS in Rs0.874.697.340.378.17167.88121411513.826.95
Diluted EPS in Rs1715497.627.88

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,7624,2065,2277,8919,4039,70110,1669,56410,63012,01211,3178,9848,741
Expenses2,0753,2254,0676,4207,6387,6318,0328,7889,67310,5909,1587,2187,067
Material Cost6,729
Change in Inventories-70
Purchases of Stock-in-Trade0
Employee Cost203
Other Expenses357
Operating Profit6879811,1601,4721,7652,0702,1337769571,4212,1591,7661,674
OPM %252322191921218912192019
Other Income71612414610570-224474624171,3961,058
Exceptional items (within Other Income)880
Interest3545195555908721,1361,1741,0579011,0131,2491,4031,150
Depreciation206200245292362470443400398379346298294
Profit before tax133277372631577569586-7041034929811,4611,288
Tax %341741062929-2210159144
Net Profit88230358578547405437-550-12018401,3981,255
EPS in Rs7.48202642402619-380.0613448073
Diluted EPS in Rs86
Dividend Payout %1042245-0157821

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
8%
5 years
-2%
3 years
-5%
TTM
-19%

Compounded profit growth

10 years
4%
5 years
5%
3 years
47%
TTM
22%

Stock price CAGR

10 years
6%
5 years
-9%
3 years
10%
1 year
-22%

Return on equity

10 years
6%
5 years
0%
3 years
5%
Last year
6%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital117117137137137137137146146146146162
Reserves6888151,5822,1392,6693,0053,2633,4043,8554,2234,9186,667
Borrowings3,5123,6304,2304,9497,4069,06010,5088,7836,6587,2409,5258,041
Other Liabilities1,2761,7142,0713,3514,2274,5314,4604,0074,7805,0305,1204,038
Minority Interest132
Total Liabilities5,5936,2768,01910,57514,43916,73318,36816,34115,43916,64019,70918,908
Fixed Assets2,1931,6551,9672,0443,0312,9082,7301,7891,5291,5311,4271,421
CWIP41504601,6232,7362,8403,8933,3852,6582,8323,6893,362
Investments00006893709648578321,557
Other Assets2,9854,6215,5926,9098,60410,97611,70911,16610,28811,42013,76112,569
Total Assets5,5936,2768,01910,57514,43916,73318,36816,34115,43916,64019,70918,908

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3762696141,2991,169441,0821,6242,8451,0801311,204
Cash from Investing Activity-1,038-171-1,007-1,518-2,512-278-1,323206-202-379-1,427226
Cash from Financing Activity856-2484403501,569502261-2,295-3,028-4311,022-2,503
Net Cash Flow194-1514713222726820-466-385270-274-1,073
Free Cash Flow-666-284-407-434-4,253-5,042-3,229-2,360-1,071-4,473-9771,242

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1678066534544423748394667
Inventory Days512586336341345381378280272294474
Days Payable448380252237216260249254226237355
Cash Conversion Cycle231286661371491731631657485103187
Working Capital Days-67-14-81323132384424465122
ROCE %1418181817141335101513

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters707070707070706363636363
FIIs2.692.892.892.803.073.183.132.762.912.471.971.99
DIIs9.069.109.089.179.519.546.596.936.136.236.106.12
Public181818181717202728282929
No. of Shareholders81,71178,58680,12273,66971,48870,23467,61764,30162,05462,15161,01059,900

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -23.4% (₹516.65 → ₹395.65)Brick size ₹12.35 (fixed)Bricks 47
₹450₹500₹396Nov '25Feb '26Apr '26Jun '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹395.65 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

7,661inr_cr

2026-03-31

net debt as the company states it (net cash negative)

2,106inr_cr

2026-06-30

order book, Rs crore

27,691inr_cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

5.11cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

44,32,822inr

2026-03-31

News

News and filings about Dilip Buildcon Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • bitumen
  • cement
  • crushed stone / aggregates
  • diesel / power and fuel
  • gitty, murram and boulders
  • oil and grease
  • reinforcement / structural steel and steel pipes

Depends on the price of

  • Crude Oil Brent
  • cement
  • diesel
  • steel

Sells to

  • Bharat Sanchar Nigam Ltd · optical fiber network DBOM/EPC services
  • Gujarat Metro Rail Corporation (GMRC) · metro infrastructure EPC services
  • Konkan Railway Corporation Limited (KRCL) · tunnel and railway infrastructure EPC services
  • Madhya Pradesh Jal Nigam Maryadit · water supply EPC services
  • Mahanadi Coalfields Limited · Mine Developer & Operator (MDO) services - Siarmal Open Cast Project (Coal India subsidiar…
  • Ministry of Road Transport and Highways · road and highway construction services
  • National Highways Authority of India (NHAI) · EPC/HAM road and highway construction services
  • Punjab State Power Corporation Limited (PSPCL) · MDO services - Pachhwara Central coal mine development and operation
  • Rail Vikas Nigam Limited · rail/metro infrastructure EPC construction services (packages awarded by RVNL)

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Construction
Industry
Civil Construction
Classification
Construction › Civil Construction
ISIN
INE917M01012

Business segments

  • EPC Projects & Road Infrastructure Maintenance · 68%
  • Annuity Projects & Others · 32%

Plants

  • Aarneel Technocrafts road furniture manufacturing plant · Pithampur, Dhar, Madhya Pradesh
  • Bitumen batch mix plants
  • Ready Mix Concrete batching plants

News impact

Big market events that reach Dilip Buildcon Limited, and how the effect spreads.

15 Sept, 19:36 IST · Market event · high impact

PNC Infratech dips 20% as NHAI bans for 3 years

Highway builder PNC Infratech is banned from bidding for national-highway projects for 3 years, so its shares crashed 20%; rival road builders may gain from thinner competition, while PNC's earnings face a long squeeze.

Construction

Who it hits first

  • PNC Infratech, a highway-building company, is barred from bidding for any National Highways Authority of India (NHAI) project for 3 years — NHAI is the government body that awards most highway contracts, and it is PNC's main customer.
  • Its shares crashed 20% to a 52-week low of Rs 140.32 as investors priced in three years of shrinking new orders.
  • The ban grew out of the Kanpur-Lucknow Expressway troubles, where NHAI flagged road damage and quality lapses; PNC says it is weighing legal options.

Who may gain

  • Dilip Buildcon, a pure road-highway builder, which now faces one fewer rival in NHAI tenders — thinner bidding crowds can mean more wins and firmer prices.
  • HG Infra Engineering, another pure road-highway builder, which gains the same way from reduced competition.
  • Other NHAI regulars (Ashoka Buildcon, KNR, GR Infra) see a small rub-off, though none carries a full signal here.

Along the supply chain

Downstream

NHAI re-tenders the highway stretches PNC would have built, so road users see no lasting gap — only possible short delays where PNC was the lowest bidder.

Upstream

PNC's lenders, equipment hirers and sub-contractors face slower payment flows as its executable order book stops growing — no listed supplier was found in the knowledge graph, so no upstream signal is emitted.

Where demand moves

Business

Business demand does not vanish — NHAI still awards the same highway kilometres — it redistributes: tenders PNC would have contested now split among survivors like Dilip Buildcon and HG Infra, with slightly less price undercutting per bid.

Capital

Money exits PNC Infratech (20% lower circuit) and mostly sits out road-building stocks rather than rotating: diversified giants (LT) and unrelated peers (RVNL, KEC, NBCC) see no flow change, while a trickle may favour road survivors.

How it spreads across sectors

Construction

Road-building sentiment takes a knock as the market re-prices governance risk at NHAI-exposed builders, but order volumes do not change — this is a redistribution of work among builders, not a sector demand shock. Rail, transmission and buildings corners of Construction see no effect.

Commodity angle

Cc skip reason

no_commodity_link

When it plays out

Immediate

PNC likely stays under pressure for 1-7 days with possible follow-on selling; watch for its legal challenge and any NHAI word on existing projects.

Short term

Over 1-4 weeks the market sizes the order-book hole from PNC's disclosures; road peers' order-win commentary will show whether thinner bidding is lifting win rates.

Who it hits first

  • Dilip Buildcon adds a multi-year build-plus-operate LPG pipeline asset
  • PNGRB tariff rights give annuity-like cash flows after construction
  • Peers (PNC, GR Infra, HG Infra) re-rate on pipeline-order optimism

Who may gain

  • GAIL and Petronet gain long-term LPG logistics capacity on the east coast
  • Hindustan Petroleum and other LPG marketers get cheaper inland LPG movement

Along the supply chain

Downstream

LPG marketers and city-gas firms eventually get lower logistics cost on the Paradip-Raipur leg.

Upstream

Pipe makers and EPC suppliers gain orders as DBL procures steel pipes and compressors.

Where demand moves

Business

DBL orders pipes (Jindal Saw, Maharashtra Seamless) and construction services; on completion, LPG flows cheaper inland, aiding marketers' margins.

Capital

Money rotates into mid-cap infra builders on order-book visibility; DBL's leverage keeps large institutions cautious.

How it spreads across sectors

Construction

pipeline EPC order flow validates diversification beyond roads

Oil, Gas & Consumable Fuels

new LPG artery aids east-India supply security

When it plays out

Immediate

DBL stock extends gains; pipe and infra peers firm on sympathy.

Medium term

Annuity tariffs de-risk DBL's road-heavy book if execution stays on track.

Short term

Watch financial closure, tariff finalisation and DBL's debt funding for the build.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

15 Sep 2026unspecified₹1
8 Sep 2025unspecified₹1
17 Sep 2024unspecified₹1
11 Sep 2023unspecified₹0.1
22 Sep 2022unspecified₹0.1
22 Sep 2021unspecified₹1
18 Sep 2020unspecified₹1
6 Sep 2019unspecified₹1

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
24 Jul 2026MICROCURVES TRADING PRIVATE LIMITEDSELL12,30,087₹415.93
24 Jul 2026MICROCURVES TRADING PRIVATE LIMITEDBUY12,30,087₹415.61

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.