MarketFriction

Dilip Buildcon Ltd

NSE DBL · BSE 540047 · Civil Construction
₹399.10 -1.75%
NSE close2026-10-01
52 week range381.55 - 538.20
Market cap₹6,675 Cr.
P/E12.0
IPO 2016 · +82% since Microcap 250 Price band 20% Delivery 54.2%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,8492,8773,3663,1342,4972,5903,0962,6201,9262,1382,3002,378
Expenses2,5082,5203,0362,6561,9622,1132,4352,1001,4551,7561,9081,949
Operating Profit341357330478535477661521471382392429
OPM %12%12%10%15%21%18%21%20%24%18%17%18%
Other Income13515514920182138863861917556547
Interest261244252297322320309498320349236245
Depreciation969590888686877877756874
Profit before tax118173137113309208350330265713153157
Tax %38%35%98%-23%14%24%21%18%19%-11%19%19%
Net Profit731133140266158277271214789124128
EPS in Rs4.697.340.378.1716.097.8811.6814.1011.1751.093.826.95
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,2065,2277,8919,4039,70110,1669,56410,63012,01211,3178,9848,741
Expenses3,2254,0676,4207,6387,6318,0328,7889,67310,5909,1587,2187,067
Operating Profit9811,1601,4721,7652,0702,1337769571,4212,1591,7661,674
OPM %23%22%19%19%21%21%8%9%12%19%20%19%
Other Income1612414610570-224474624171,3961,058
Interest5195555908721,1361,1741,0579011,0131,2491,4031,150
Depreciation200245292362470443400398379346298294
Profit before tax277372631577569586-7041034929811,4611,288
Tax %17%4%10%6%29%29%-22%101%59%14%4%
Net Profit230358578547405437-550-12018401,3981,255
EPS in Rs19.6226.1542.2340.3826.1619.49-37.540.0613.2743.8380.1773.03
Dividend Payout %0%4%2%2%4%5%-0%157%8%2%1%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth8%-2%-5%-19%
Compounded Profit Growth4%5%47%22%
Stock Price CAGR6%-6%10%-16%
Return on Equity6%0%5%6%
Mar 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
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
Mar 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
CFO/OP64%33%62%99%74%12%60%233%280%88%5%80%
Mar 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 %14%18%18%18%17%14%13%3%5%10%15%13%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters70.15%70.15%70.15%70.15%70.15%70.15%70.15%63.14%63.14%63.14%63.14%63.14%
FIIs2.69%2.89%2.89%2.80%3.07%3.18%3.13%2.76%2.91%2.47%1.97%1.99%
DIIs9.06%9.10%9.08%9.17%9.51%9.54%6.59%6.93%6.13%6.23%6.10%6.12%
Public18.09%17.87%17.89%17.87%17.27%17.14%20.13%27.16%27.82%28.16%28.79%28.75%
No. of Shareholders81,71178,58680,12273,66971,48870,23467,61764,30162,05462,15161,01059,900

Fundamentals

Market Cap₹ 6,675 Cr.
Current Price₹ 411
Stock P/E12.0
Book Value₹ 420
ROCE13.1 %
ROE5.55 %
Dividend Yield0.24 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-19%
Compounded Profit Growth (TTM)22%
Consolidated figures.
Valuation
Market capRs 6,483 Cr
Enterprise valueRs 14,197 Cr
P/E (TTM)5.46x
Price to book0.95x
Price to sales0.74x
EV / EBITDA5.20x
EV / EBIT5.82x
EV / sales1.62x
Price to cash flow5.38x
Earnings yield18.30%
Dividend yield0.25%
P/E, 3-year average16.71x
P/B, 3-year average1.27x
P/E, 5-year average676.39x
P/B, 5-year average1.09x
Profitability
Operating margin (excl. other income)19.66%
Operating margin (incl. other income)35.19%
EBITDA margin31.25%
Pre-tax margin14.73%
Net profit margin13.57%
Net margin, latest quarter4.75%
ROE21.90%
ROCE19.44%
ROA6.75%
ROE, 3-year average13.37%
ROCE, 3-year average16.66%
ROA, 3-year average3.83%
ROE, 5-year average4.87%
ROCE, 5-year average12.28%
ROA, 5-year average1.66%
ROIC (approx.)16.04%
Tax rate4.30%
Other income / net worth20.44%
Growth
Sales growth (latest year)-20.61%
Profit growth (latest year)103.23%
Sales CAGR, 3 years-5.45%
Sales CAGR, 5 years-2.44%
Profit CAGR, 3 years1018.79%
Profit CAGR, 5 years37.33%
Sales growth QoQ3.39%
Profit growth QoQ82.03%
Sales growth YoY (latest quarter)-9.26%
Profit growth YoY (latest quarter)-50.67%
Per share
EPS (TTM)Rs 73.03
EPS (latest year)Rs 80.17
EPS (latest quarter)Rs 6.95
EPS, 3-year averageRs 45.76
EPS, 5-year averageRs 19.96
Book value per shareRs 420.39
Sales per shareRs 538.11
Cash flow per shareRs 74.13
Free cash flow per shareRs 76.46
Dividend per share (latest year)Rs 1.00
Dividend per share, 3-year averageRs 1.00
Dividend per share, 5-year averageRs 0.64
Dividends
Dividend payout1.25%
Dividend payout, 3-year average3.69%
Dividend payout, 5-year average42.01%
Efficiency
Asset turnover0.48x
Fixed asset turnover6.32x
Inventory turnover1.96x
Inventory days186 days
Debtor days67 days
Debtors turnover5.43x
Creditor days355 days
Cash conversion cycle187 days
Working capital days122 days
Leverage
Total debtRs 8,041 Cr
Cash and bankRs 328 Cr
Net debtRs 7,714 Cr
Debt to equity1.18x
Net debt / EBITDA2.82x
Interest coverage2.12x
Current ratio (filing 2026-03-31)1.56x
Quick ratio (filing 2026-03-31)0.99x
Trade payables (filing 2026-03-31)Rs 2,572 Cr
Owners' fund to total sources36.12%
Debt to assets42.53%
Cash flow
Cash from Operating Activity (latest year)Rs 1,204 Cr
Cash from Investing Activity (latest year)Rs 226 Cr
Cash from Financing Activity (latest year)Rs -2,503 Cr
Net Cash Flow (latest year)Rs -1,073 Cr
Free cash flow (latest year)Rs 1,242 Cr
FCFE (approx.: FCF + change in debt)Rs -242 Cr
Cash from ops / profit, 5 years3.65x
Sales to cash flow7.46x
Statement figures
Net sales (TTM)Rs 8,741 Cr
Net sales (latest year)Rs 8,984 Cr
Sales (latest quarter)Rs 2,378 Cr
Operating profit excl. other income (latest year)Rs 1,766 Cr
Operating profit (latest quarter)Rs 429 Cr
Other income (TTM)Rs 1,058 Cr
EBITDA (TTM)Rs 2,732 Cr
PBDT (TTM)Rs 1,582 Cr
Profit before tax (TTM)Rs 1,288 Cr
Tax (latest year)Rs 63 Cr
Net profit (TTM)Rs 1,186 Cr
Net profit (latest year)Rs 1,302 Cr
Net profit (latest quarter)Rs 113 Cr
Depreciation (TTM)Rs 294 Cr
Depreciation (latest quarter)Rs 74 Cr
Interest (TTM)Rs 1,150 Cr
Cost of goods sold (latest year)Rs 6,748 Cr
Total expenditure (latest year)Rs 7,218 Cr
Total income (latest year)Rs 10,380 Cr
Share capitalRs 162 Cr
ReservesRs 6,667 Cr
Shareholders' fundsRs 6,829 Cr
Total assetsRs 18,908 Cr
Net blockRs 1,421 Cr
Capital work in progressRs 3,362 Cr
InvestmentsRs 1,557 Cr
ReceivablesRs 1,654 Cr
InventoryRs 3,441 Cr
Other liabilitiesRs 4,038 Cr
Shares outstanding (crore)16.24
Ownership
Promoter holding63.14% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 5.5 is at the 6th percentile of its own 7.4-year range (median 16.1, low 4.5, high 52.8).
P/B 0.95 is at the 4th percentile (median 1.77).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodDBLNifty 50Difference
1 week-3.3%-2.8% -0.5 pts
1 month+1.1%-6.8% +7.9 pts
3 months-9.6%-7.6% -2.0 pts
6 months+3.1%+0.4% +2.7 pts
1 year-24.8%-9.9% -14.9 pts
2 years-28.9%-13.6% -15.4 pts
3 years+28.2%+14.2% +14.0 pts
5 years-30.9%+27.9% -58.8 pts
8 mutual fund schemes hold about ₹137 Cr. Over three months 0 bought more and 5 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Large & Mid Cap Fund0.36%110 -3%
HDFC Dividend Yield Fund0.36%20 +1%
Motilal Oswal Nifty Microcap 250 Index Fund0.25%6 -7%
Groww Nifty Total Market Index Fund0.01%0 -5%
Angel One Nifty Total Market Index Fund0.01%0 -6%
Mirae Asset Nifty Total Market Index Fund0.01%0 +2%
Bandhan Nifty Total Market Index Fund0.01%0 -5%
Motilal Oswal BSE 1000 Index Fund0.01%0 -6%

Red flags

F-score 5 of 8
explainReceivables outrunning sales Receivables grew 17% vs sales -21% in 2026
lookShare dilution Share count up 11% in a year, 11% in three
lookProfit leans on other income Other income was 96% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹2,378 Cr -9.2% vs Jun 2025. Net profit ₹128 Cr -52.8%.
Against our estimate for Jun 2026: sales +15.7%, profit -41.9% in line. Our estimate for Sep 2026: sales Rs 1,589 Cr, profit Rs 131 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-15Dividend - Re 1 Per Share
2025-09-08Dividend - Re 1 Per Share
2024-09-17Annual General Meeting/Dividend - Re 1 Per Share
2023-09-11Annual General Meeting/Dividend - Re 0.10 Per Share
2022-09-22Annual General Meeting/Dividend - Re 0.10 Per Share
2021-09-22 Annual General Meeting/Dividend - Re 1 Per Share
2020-09-18 Annual General Meeting/Dividend - Re 1 Per Share
2019-09-06 Annual General Meeting/Dividend - Re 1 Per Sh
2018-09-18 Annual General Meeting/Dividend- Re 1 Per Share
2017-09-01 Annual General Meeting/Dividend - Re 1/- Per Share
DateTypeWhat it says
2026-09-28Order winBagging/Receiving of orders/contracts
2026-09-28Order winBagging/Receiving of orders/contracts
2026-09-23Shareholder meetingVoting results of Annual General Meeting held on September 22, 2026
2026-09-23Shareholder meetingDilip Buildcon Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 22, 2026
2026-09-22Shareholder meetingProceedings of Annual General Meeting held on September 22, 2026
2026-09-21Press ReleaseA press release dated September 21, 2026, titled "Dilip Buildcon sells stake in Under-Construction Solar Portfolio to Alpha Alternatives".
2026-09-21Order winBagging/Receiving of orders/contracts
2026-09-10Press ReleaseA press release dated September 10, 2026, titled "Dilip Buildcon sells stake in Under-Construction Power Transmission Project to Alpha Alternatives".
2026-09-09Order winBagging/Receiving of orders/contracts
2026-08-29Shareholder meetingNotice of Annual General Meeting to be held on September 22, 2026
2026-08-27Concall / analyst meetSchedule of meet
2026-08-18Concall / analyst meetTranscript
2026-08-12Record DateRecord date for the purpose of Dividend is 15-Sep-2026.
2026-08-11Concall / analyst meetLink of Recording
2026-08-11Concall / analyst meetSchedule of meet
2026-08-10Press ReleaseA press release dated August 10, 2026, titled "press release on financial Results for the quarter ended June 30, 2026.".
2026-08-10Press ReleaseA press release dated August 10, 2026, titled "press release on sale of stake in Under-Construction Power Transmission & Solar Projects to Alpha Alter...
2026-08-10Investor PresentationInvestor Presentation
2026-08-10Board meeting outcomeDilip Buildcon Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-06Concall / analyst meetSchedule of meet
2026-07-28Order winBagging/Receiving of orders/contracts
2026-07-10Reply to Clarification- FinaThe Exchange had sought clarification from Dilip Buildcon Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (Listing...
2026-07-07Updates.
2026-07-07UpdatesDilip Buildcon Limited has received letter of award (LOA) for Construction of Diversion Road from 4/700 km to 11/500 km of Duduka-Gopalpur-Toparia Roa...
2026-07-06General UpdatesGeneral Updates
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-03-04NCLTVs Dilip Buildcon Ltd
2021-01-28NCLTVs Dilip Buildcon Ltd
2020-12-04NCLTVs Dilip Buildcon Ltd
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Dilip Buildcon Ltd?

Dilip Buildcon Ltd (DBL) has a market capitalisation of Rs 6,675 Cr. at the 2026-10-01 close.

What is the P/E ratio of Dilip Buildcon Ltd?

Dilip Buildcon Ltd trades at a P/E of 12.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Dilip Buildcon Ltd's latest quarterly results?

In the Jun 2026 quarter, Dilip Buildcon Ltd sales was Rs 2,378 Cr (-9.2% vs Jun 2025) and net profit was Rs 128 Cr.

What is the 52-week high and low of Dilip Buildcon Ltd?

The 52-week high is Rs 538.20 and the 52-week low is Rs 381.55.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03