Announcement • Aug 03
Dilip Buildcon Limited to Report Q1, 2027 Results on Aug 10, 2026 Dilip Buildcon Limited announced that they will report Q1, 2027 results on Aug 10, 2026 Price Target Changed • Jun 18
Price target increased by 7.5% to ₹540 Up from ₹503, the current price target is an average from 5 analysts. New target price is 26% above last closing price of ₹430. Stock is down 12% over the past year. The company is forecast to post earnings per share of ₹18.70 for next year compared to ₹86.08 last year. Reported Earnings • May 15
Full year 2026 earnings released: EPS: ₹86.08 (vs ₹43.83 in FY 2025) Full year 2026 results: EPS: ₹86.08 (up from ₹43.83 in FY 2025). Revenue: ₹95.0b (down 16% from FY 2025). Net income: ₹13.0b (up 103% from FY 2025). Profit margin: 14% (up from 5.7% in FY 2025). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Announcement • May 07
Dilip Buildcon Limited to Report Q4, 2026 Results on May 14, 2026 Dilip Buildcon Limited announced that they will report Q4, 2026 results on May 14, 2026 Price Target Changed • Mar 08
Price target increased by 8.5% to ₹509 Up from ₹469, the current price target is an average from 6 analysts. New target price is 13% above last closing price of ₹448. Stock is down 3.2% over the past year. The company posted earnings per share of ₹43.83 last year. Reported Earnings • Feb 12
Third quarter 2026 earnings released: EPS: ₹48.57 (vs ₹10.78 in 3Q 2025) Third quarter 2026 results: EPS: ₹48.57 (up from ₹10.78 in 3Q 2025). Revenue: ₹23.1b (down 11% from 3Q 2025). Net income: ₹8.30b (up ₹7.15b from 3Q 2025). Profit margin: 36% (up from 4.5% in 3Q 2025). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Announcement • Feb 02
Dilip Buildcon Limited to Report Q3, 2026 Results on Feb 10, 2026 Dilip Buildcon Limited announced that they will report Q3, 2026 results on Feb 10, 2026 Board Change • Nov 19
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent & Non-Executive Woman Director Ratna Vishwanathan was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Nov 15
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 41% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Earnings are forecast to decline by an average of 27% per year for the foreseeable future. High level of non-cash earnings (41% accrual ratio). Announcement • Nov 05
Dilip Buildcon Limited to Report Q2, 2026 Results on Nov 13, 2025 Dilip Buildcon Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Price Target Changed • Sep 15
Price target increased by 8.9% to ₹481 Up from ₹442, the current price target is an average from 6 analysts. New target price is 14% below last closing price of ₹561. Stock is up 1.2% over the past year. The company is forecast to post earnings per share of ₹11.00 for next year compared to ₹43.83 last year. Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹548, the stock trades at a forward P/E ratio of 44x. Average forward P/E is 21x in the Construction industry in India. Total returns to shareholders of 135% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹440 per share. Buy Or Sell Opportunity • Sep 11
Now 21% overvalued Over the last 90 days, the stock has fallen 2.3% to ₹521. The fair value is estimated to be ₹431, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 13% in 2 years. Earnings are forecast to decline by 62% in the next 2 years. Upcoming Dividend • Sep 02
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 09 September 2025. Payment date: 16 October 2025. Payout ratio is a comfortable 2.3% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (0.8%). Declared Dividend • Jul 31
Dividend of ₹1.00 announced Dividend of ₹1.00 is the same as last year. Ex-date: 9th September 2025 Payment date: 16th October 2025 Dividend yield will be 0.2%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (2% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 8 years ago. However, payments have been volatile during that time. EPS is expected to decline by 83% over the next year. However, it would need to fall by 98% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Jul 30
First quarter 2026 earnings released: EPS: ₹17.06 (vs ₹9.56 in 1Q 2025) First quarter 2026 results: EPS: ₹17.06 (up from ₹9.56 in 1Q 2025). Revenue: ₹28.4b (down 9.5% from 1Q 2025). Net income: ₹2.29b (up 92% from 1Q 2025). Profit margin: 8.1% (up from 3.8% in 1Q 2025). Revenue is expected to decline by 8.4% p.a. on average during the next 2 years, while revenues in the Construction industry in India are expected to grow by 12%. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • Jul 22
Dilip Buildcon Limited to Report Q1, 2026 Results on Jul 29, 2025 Dilip Buildcon Limited announced that they will report Q1, 2026 results on Jul 29, 2025 Reported Earnings • May 10
Full year 2025 earnings released: EPS: ₹57.44 (vs ₹13.27 in FY 2024) Full year 2025 results: EPS: ₹57.44 (up from ₹13.27 in FY 2024). Revenue: ₹114.5b (down 4.7% from FY 2024). Net income: ₹6.41b (up 230% from FY 2024). Profit margin: 5.6% (up from 1.6% in FY 2024). Revenue is expected to decline by 5.6% p.a. on average during the next 2 years, while revenues in the Construction industry in India are expected to grow by 12%. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Announcement • May 01
Dilip Buildcon Limited to Report Q4, 2025 Results on May 08, 2025 Dilip Buildcon Limited announced that they will report Q4, 2025 results on May 08, 2025 Announcement • Mar 21
Dilip Buildcon Limited Approves Appointment of Alok Verma as Non-Executive Independent Director Dilip Buildcon Limited at the EGM held on March 20, 2025 approved appointment of Mr. Alok Verma as A Non - Executive Independent Director for a term of 5 consecutive years. Price Target Changed • Feb 18
Price target decreased by 10% to ₹490 Down from ₹546, the current price target is an average from 6 analysts. New target price is 19% above last closing price of ₹411. Stock is down 14% over the past year. The company is forecast to post earnings per share of ₹7.00 for next year compared to ₹13.27 last year. Buy Or Sell Opportunity • Feb 17
Now 20% overvalued Over the last 90 days, the stock has fallen 9.8% to ₹393. The fair value is estimated to be ₹328, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.4% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 8.8% in 2 years. Earnings are forecast to decline by 23% in the next 2 years. New Risk • Feb 17
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 5.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings are forecast to decline by an average of 5.7% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹10.78 (vs ₹7.72 in 3Q 2024) Third quarter 2025 results: EPS: ₹10.78 (up from ₹7.72 in 3Q 2024). Revenue: ₹26.3b (down 8.5% from 3Q 2024). Net income: ₹1.15b (up 7.3% from 3Q 2024). Profit margin: 4.4% (up from 3.7% in 3Q 2024). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Feb 06
Dilip Buildcon Limited to Report Q3, 2025 Results on Feb 14, 2025 Dilip Buildcon Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹449, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 20x in the Construction industry in India. Total returns to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹335 per share. Buy Or Sell Opportunity • Jan 29
Now 25% overvalued Over the last 90 days, the stock has fallen 19% to ₹404. The fair value is estimated to be ₹324, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 4.2% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. Announcement • Jan 22
Dilip Buildcon Limited Announces Retirement of Satish Chandra Pandey as Independent Director Dilip Buildcon Limited announced that Mr. Satish Chandra Pandey shall retire from the position of Independent Director on completion of his second and final term of office as an Independent Director of the Company effecting from end of the day on January 22, 2025. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹493, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 22x in the Construction industry in India. Total loss to shareholders of 9.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹352 per share. Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: ₹18.18 (vs ₹5.01 in 2Q 2024) Second quarter 2025 results: EPS: ₹18.18 (up from ₹5.01 in 2Q 2024). Revenue: ₹25.2b (down 12% from 2Q 2024). Net income: ₹2.35b (up 243% from 2Q 2024). Profit margin: 9.3% (up from 2.4% in 2Q 2024). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Nov 05
Dilip Buildcon Limited to Report Q2, 2025 Results on Nov 13, 2024 Dilip Buildcon Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Upcoming Dividend • Sep 10
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 17 September 2024. Payment date: 24 October 2024. Payout ratio is a comfortable 7.5% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.6%). Declared Dividend • Aug 15
Dividend increased to ₹1.00 Dividend of ₹1.00 is 900% higher than last year. Ex-date: 17th September 2024 Payment date: 24th October 2024 Dividend yield will be 0.2%, which is lower than the industry average of 0.6%. Sustainability & Growth Dividend is covered by earnings (7% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 7 years ago. However, payments have been volatile during that time. EPS is expected to grow by 88% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Aug 14
Price target increased by 17% to ₹529 Up from ₹453, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of ₹512. Stock is up 67% over the past year. The company is forecast to post earnings per share of ₹24.15 for next year compared to ₹13.75 last year. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹9.56 (vs ₹0.84 in 1Q 2024) First quarter 2025 results: EPS: ₹9.56 (up from ₹0.84 in 1Q 2024). Revenue: ₹31.5b (up 8.0% from 1Q 2024). Net income: ₹1.19b (up ₹1.07b from 1Q 2024). Profit margin: 3.8% (up from 0.4% in 1Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 13% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Aug 13
Dilip Buildcon Limited, Annual General Meeting, Sep 24, 2024 Dilip Buildcon Limited, Annual General Meeting, Sep 24, 2024. Announcement • Aug 05
Dilip Buildcon Limited to Report Q1, 2025 Results on Aug 13, 2024 Dilip Buildcon Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹454, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 24x in the Construction industry in India. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹444 per share. Announcement • May 12
Dilip Buildcon Limited Recommends Dividend for 2023-24 Dilip Buildcon Limited at their meeting held on May 10, 2024 recommended a final dividend of INR 1/- (10%) per equity share for the Financial Year ended March 31, 2024 subject To Approve the Shareholders in the Annual General Meeting for the Financial Year 2023-24. Reported Earnings • May 11
Full year 2024 earnings released: EPS: ₹13.75 (vs ₹0.064 in FY 2023) Full year 2024 results: EPS: ₹13.75 (up from ₹0.064 in FY 2023). Revenue: ₹121.6b (up 14% from FY 2023). Net income: ₹1.94b (up ₹1.93b from FY 2023). Profit margin: 1.6% (up from 0% in FY 2023). Revenue is expected to decline by 1.0% p.a. on average during the next 2 years, while revenues in the Construction industry in India are expected to grow by 13%. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • May 05
Dilip Buildcon Limited to Report Q4, 2024 Results on May 10, 2024 Dilip Buildcon Limited announced that they will report Q4, 2024 results on May 10, 2024 Announcement • Apr 03
Alpha Alternatives Holdings Private Limited completed the acquisition of 26% stake in Dodaballapur Hoskote Highways Limited, Dhrol Bhadra Highways Limited and Repallewada Highways Limited from Dilip Buildcon Limited (NSEI:DBL). Alpha Alternatives Holdings Private Limited entered into agreement to acquire 26% stake in Dodaballapur Hoskote Highways Limited, Dhrol Bhadra Highways Limited and Repallewada Highways Limited from Dilip Buildcon Limited (NSEI:DBL) for INR 1.09 billion on March 30, 2024. The transaction is expected to close on April 1, 2024.
Alpha Alternatives Holdings Private Limited completed the acquisition of 26% stake in Dodaballapur Hoskote Highways Limited, Dhrol Bhadra Highways Limited and Repallewada Highways Limited from Dilip Buildcon Limited (NSEI:DBL) on April 1, 2024. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹454, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the Construction industry in India. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹325 per share. Buy Or Sell Opportunity • Feb 14
Now 40% overvalued after recent price rise Over the last 90 days, the stock has risen 9.2% to ₹456. The fair value is estimated to be ₹326, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.1% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 2.8% in 2 years. Earnings are forecast to grow by 363% in the next 2 years. Reported Earnings • Feb 14
Third quarter 2024 earnings released: EPS: ₹7.72 (vs ₹7.54 in 3Q 2023) Third quarter 2024 results: EPS: ₹7.72. Revenue: ₹28.8b (up 24% from 3Q 2023). Net income: ₹1.07b (down 3.3% from 3Q 2023). Profit margin: 3.7% (down from 4.8% in 3Q 2023). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India. Announcement • Feb 02
Dilip Buildcon Limited to Report Q3, 2024 Results on Feb 12, 2024 Dilip Buildcon Limited announced that they will report Q3, 2024 results at 4:00 PM, Indian Standard Time on Feb 12, 2024 Buy Or Sell Opportunity • Jan 24
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 27% to ₹384. The fair value is estimated to be ₹314, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.1% in 2 years. Earnings are forecast to grow by 341% in the next 2 years. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹398, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Construction industry in India. Total returns to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹319 per share. Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: ₹5.01 (vs ₹0.89 in 2Q 2023) Second quarter 2024 results: EPS: ₹5.01 (up from ₹0.89 in 2Q 2023). Revenue: ₹28.9b (up 12% from 2Q 2023). Net income: ₹686.3m (up 304% from 2Q 2023). Profit margin: 2.4% (up from 0.7% in 2Q 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. New Risk • Nov 08
New major risk - Revenue and earnings growth Earnings have declined by 60% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Earnings have declined by 60% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Announcement • Oct 29
Dilip Buildcon Limited to Report Q2, 2024 Results on Nov 07, 2023 Dilip Buildcon Limited announced that they will report Q2, 2024 results on Nov 07, 2023 Announcement • Sep 19
Dilip Buildcon Limited Approves Declaration of Final Dividend for the Financial Year Ended March 31, 2023 Dilip Buildcon Limited approved declaration of final dividend of INR 0.10 per equity shares of INR 10 each for the financial year ended March 31, 2023 at the Annual General Meeting held on September 18, 2023. Upcoming Dividend • Sep 04
Upcoming dividend of ₹0.10 per share Eligible shareholders must have bought the stock before 11 September 2023. Payment date: 18 October 2023. The company is paying out more than 100% of its profits and is cash flow negative. The company last paid an ordinary dividend in May 2017. The average dividend yield among industry peers is 0.9%. Reported Earnings • Aug 05
First quarter 2024 earnings released: EPS: ₹0.84 (vs ₹3.77 loss in 1Q 2023) First quarter 2024 results: EPS: ₹0.84 (up from ₹3.77 loss in 1Q 2023). Revenue: ₹29.2b (up 1.3% from 1Q 2023). Net income: ₹126.8m (up ₹666.2m from 1Q 2023). Profit margin: 0.4% (up from net loss in 1Q 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in India. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Aug 05
Dilip Buildcon Limited, Annual General Meeting, Sep 18, 2023 Dilip Buildcon Limited, Annual General Meeting, Sep 18, 2023. Announcement • Jul 29
Dilip Buildcon Limited to Report Q1, 2024 Results on Aug 04, 2023 Dilip Buildcon Limited announced that they will report Q1, 2024 results on Aug 04, 2023 New Risk • Jun 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Price Target Changed • May 26
Price target decreased by 7.4% to ₹234 Down from ₹253, the current price target is an average from 4 analysts. New target price is 38% above last closing price of ₹169. Stock is down 24% over the past year. The company is forecast to post earnings per share of ₹21.43 next year compared to a net loss per share of ₹0.10 last year. Reported Earnings • May 20
Full year 2023 earnings released: ₹0.10 loss per share (vs ₹37.71 loss in FY 2022) Full year 2023 results: ₹0.10 loss per share (improved from ₹37.71 loss in FY 2022). Revenue: ₹107.1b (up 12% from FY 2022). Net income: ₹9.35m (up ₹5.50b from FY 2022). Profit margin: 0% (up from net loss in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Announcement • May 20
Dilip Buildcon Limited Recommends Dividend for 2022-2023 Dilip Buildcon Limited announced that at its board meeting held on May 19, 2023, recommended dividend of INR. 0.10 each share (that is 1%) for the financial year 2022-2023. Announcement • May 13
Dilip Buildcon Limited to Report Q4, 2023 Results on May 19, 2023 Dilip Buildcon Limited announced that they will report Q4, 2023 results on May 19, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹7.54 (vs ₹1.36 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹7.54 (up from ₹1.36 loss in 3Q 2022). Revenue: ₹23.2b (up 3.4% from 3Q 2022). Net income: ₹1.11b (up ₹1.30b from 3Q 2022). Profit margin: 4.8% (up from net loss in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Price Target Changed • Feb 03
Price target decreased by 10% to ₹271 Down from ₹301, the current price target is an average from 3 analysts. New target price is 30% above last closing price of ₹208. Stock is down 43% over the past year. The company posted a net loss per share of ₹37.71 last year. Announcement • Feb 03
Dilip Buildcon Limited to Report Q3, 2023 Results on Feb 10, 2023 Dilip Buildcon Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Announcement • Dec 01
Dilip Buildcon Limited completed the acquisition of a 51% stake in DBL Sangli Borgaon Highways Private Limited from Shrem lnvlT. Dilip Buildcon Limited agreed to acquire a 51% stake in DBL Sangli Borgaon Highways Private Limited from Shrem lnvlT for approximately INR 460 million on March 4, 2022. As of March 31, 2021, DBL Sangli Borgaon Highways Private Limited reported revenue of INR 2039 million and total assets of INR 647.8 million.Dilip Buildcon Limited completed the acquisition of a 51% stake in DBL Sangli Borgaon Highways Private Limited from Shrem lnvlT on November 29, 2022. Reported Earnings • Nov 18
Second quarter 2023 earnings released: EPS: ₹0.89 (vs ₹30.40 loss in 2Q 2022) Second quarter 2023 results: EPS: ₹0.89 (up from ₹30.40 loss in 2Q 2022). Revenue: ₹26.0b (down 9.1% from 2Q 2022). Net income: ₹170.1m (up ₹4.61b from 2Q 2022). Profit margin: 0.7% (up from net loss in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent & Non-Executive Woman Director Ratna Vishwanathan was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 08
Dilip Buildcon Limited to Report Q2, 2023 Results on Nov 14, 2022 Dilip Buildcon Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Announcement • Oct 01
Dilip Buildcon Limited Declares Final Dividend for the Financial Year Ended March 31,2022 Dilip Buildcon Limited declared final dividend of INR 0.10/- (Ten Paise) i.e. 1% per equity shares of INR 10 each for the financial year ended March 31,2022. Upcoming Dividend • Sep 15
Upcoming dividend of ₹0.10 per share Eligible shareholders must have bought the stock before 22 September 2022. Payment date: 30 October 2022. The company is not currently making a profit and is not cash flow positive. The company last paid an ordinary dividend in May 2017. The average dividend yield among industry peers is 1.2%. Announcement • Sep 09
Dilip Buildcon Limited, Annual General Meeting, Sep 30, 2022 Dilip Buildcon Limited, Annual General Meeting, Sep 30, 2022, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the audited financial statements including the balance sheet and statement for change in the equity, profit and loss and cash flow of the Company for the financial year ended March 31, 2022 together with the reports of the board of directors and auditors thereon; and the audited consolidated financial statements including the balance sheet and statement for change in the equity, profit and loss and cash flow of the Company for the financial year ended March 31, 2022 together with the report of the auditors thereon; to declare final dividend on equity shares for the financial year ended March 31, 2022; to appoint a director in place of Mr. Devendra Jain, who is liable to retire by rotation, being eligible and offers himself for re-appointment; to consider and approve the appointment of Statutory Auditor of the Company; and to discuss other matters. Reported Earnings • Aug 14
First quarter 2023 earnings released First quarter 2023 results: ₹3.77 loss per share. Revenue: ₹29.1b (up 19% from 1Q 2022). Net loss: ₹539.4m (loss widened 240% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Announcement • Aug 06
Dilip Buildcon Limited to Report Q1, 2023 Results on Aug 12, 2022 Dilip Buildcon Limited announced that they will report Q1, 2023 results on Aug 12, 2022 Price Target Changed • Jul 23
Price target decreased to ₹301 Down from ₹421, the current price target is provided by 1 analyst. New target price is 37% above last closing price of ₹220. Stock is down 61% over the past year. The company posted a net loss per share of ₹37.77 last year. Price Target Changed • Jun 17
Price target decreased to ₹421 Down from ₹478, the current price target is provided by 1 analyst. New target price is 112% above last closing price of ₹198. Stock is down 64% over the past year. The company posted a net loss per share of ₹37.77 last year. Reported Earnings • Jun 02
Full year 2022 earnings released: ₹37.77 loss per share (vs ₹19.49 profit in FY 2021) Full year 2022 results: ₹37.77 loss per share (down from ₹19.49 profit in FY 2021). Revenue: ₹95.7b (down 5.9% from FY 2021). Net loss: ₹5.49b (down 306% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Announcement • May 25
Dilip Buildcon Limited to Report Q4, 2022 Results on May 30, 2022 Dilip Buildcon Limited announced that they will report Q4, 2022 results on May 30, 2022 Price Target Changed • Apr 27
Price target decreased to ₹478 Down from ₹515, the current price target is provided by 1 analyst. New target price is 75% above last closing price of ₹273. Stock is down 50% over the past year. The company posted earnings per share of ₹19.49 last year. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Independent & Non-Executive Woman Director Ratna Vishwanathan was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹6.63 loss per share (down from ₹13.32 profit in 3Q 2021). Revenue: ₹22.6b (down 18% from 3Q 2021). Net loss: ₹191.6m (down 118% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Price Target Changed • Feb 14
Price target decreased to ₹521 Down from ₹613, the current price target is provided by 1 analyst. New target price is 65% above last closing price of ₹315. Stock is down 43% over the past year. The company posted earnings per share of ₹19.49 last year. Announcement • Feb 05
Dilip Buildcon Limited to Report Q3, 2022 Results on Feb 12, 2022 Dilip Buildcon Limited announced that they will report Q3, 2022 results on Feb 12, 2022 Announcement • Jan 25
Shrem Invit (NSEI:SHREMINVIT) agreed to acquire Portfolio Often Hybrid Annuity Model Of Dilip Buildcon Limited from Dilip Buildcon Limited (BSE:540047) for an enterprise value of INR 23.5 billion. Shrem Invit (NSEI:SHREMINVIT) agreed to acquire Portfolio Often Hybrid Annuity Model Of Dilip Buildcon Limited from Dilip Buildcon Limited (BSE:540047) for an enterprise value of INR 23.5 billion on January 21, 2022. The deal is subject to approval from NHAI. The deal is expected to close on February 8, 2022. Reported Earnings • Nov 17
Second quarter 2022 earnings released: ₹30.40 loss per share The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: ₹28.6b (up 31% from 2Q 2021). Net loss: ₹4.44b (down ₹4.53b from profit in 2Q 2021). Executive Departure • Oct 07
Whole Time Director Seema Suryavanshi has left the company On the 30th of September, Seema Suryavanshi's tenure as Whole Time Director ended after 15.3 years in the role. As of June 2021, Seema still personally held 11.90m shares (₹6.8b worth at the time). Seema is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.75 years. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment improved over the past week After last week's 17% share price gain to ₹629, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 19x in the Construction industry in India. Total returns to shareholders of 15% over the past three years. Price Target Changed • Sep 23
Price target decreased to ₹621 Down from ₹667, the current price target is provided by 1 analyst. New target price is 12% above last closing price of ₹554. Stock is up 67% over the past year. Upcoming Dividend • Sep 15
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 22 September 2021. Payment date: 30 October 2021. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.1%). Reported Earnings • Aug 18
First quarter 2022 earnings released The company reported a soft first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2022 results: Revenue: ₹24.4b (up 16% from 1Q 2021). Net loss: ₹158.8m (down 159% from profit in 1Q 2021). Announcement • Aug 06
Dilip Buildcon Limited (BSE:540047) acquired DBL Infra Assets Private Limited for INR 20 million. Dilip Buildcon Limited (BSE:540047) agreed to acquire DBL Infra Assets Private Limited for INR 20 million on August 5, 2021. The consideration is paid in cash. Dilip Buildcon Limited acquired 2 million equity shares of DBL Infra Assets Private Limited. Post the acquisition DBL Infra Assets Private Limited will become a wholly owned subsidiary of Dilip Buildcon Limited. The transaction is expected to close before August 31, 2021.
Dilip Buildcon Limited (BSE:540047) completed the acquisition of DBL Infra Assets Private Limited for INR 20 million on August 5, 2021. 
