Dilip Buildcon Limited

NSEI:DBL Stock Report

Market Cap: ₹69.8b

Dilip Buildcon Future Growth

Future criteria checks 0/6

Dilip Buildcon's earnings are forecast to decline at 58.9% per annum while its annual revenue is expected to grow at 8.9% per year. EPS is expected to decline by 67.8% per annum. Return on equity is forecast to be 7% in 3 years.

Key information

-58.9%

Earnings growth rate

-67.81%

EPS growth rate

Construction earnings growth16.2%
Revenue growth rate8.9%
Future return on equity7.02%
Analyst coverage

Good

Last updated15 May 2026

Recent future growth updates

Recent updates

Analysis Article 8h

Dilip Buildcon (NSE:DBL) Shareholders Should Be Cautious Despite Solid Earnings

Investors appear disappointed with Dilip Buildcon Limited's ( NSE:DBL ) recent earnings, despite the decent statutory...
Narrative Update Apr 08

DBL: New EPC Wins And Mining Ramp Up Will Support Cash Flows

Analysts have kept the fair value estimate for Dilip Buildcon steady at ₹508.67. Only minor tweaks to discount rate, revenue growth, profit margin and future P/E assumptions support this unchanged price target.
Narrative Update Mar 25

DBL: New EPC And Mining Orders Will Support Future Cash Flows

Analysts have kept the fair value estimate for Dilip Buildcon steady at ₹508.67 per share, while modestly adjusting key inputs such as the discount rate and assumed future P/E. This reflects updated views on risk and long term earnings potential without altering the headline price target.
Narrative Update Mar 08

DBL: Large New EPC And Mining Awards Will Support Future Performance

Analysts have lifted their price target on Dilip Buildcon from ₹452 to about ₹509, reflecting adjusted expectations around revenue growth, profit margins and a higher assumed future P/E multiple. What's in the News Dilip Buildcon has been declared L-1 bidder by the Narmada Water Resources Water Supply & Kalpasar Department, Government of Gujarat, for construction of a flood protection embankment on the Narmada river in Bharuch on an EPC basis.
Analysis Article Nov 21

Dilip Buildcon's (NSE:DBL) Earnings Might Not Be As Promising As They Seem

Investors appear disappointed with Dilip Buildcon Limited's ( NSE:DBL ) recent earnings, despite the decent statutory...
Analysis Article Nov 20

Estimating The Intrinsic Value Of Dilip Buildcon Limited (NSE:DBL)

Key Insights The projected fair value for Dilip Buildcon is ₹464 based on 2 Stage Free Cash Flow to Equity Dilip...
Narrative Update Nov 10

DBL: New Project Wins And Stable Outlook Will Support Future Performance

Analysts have maintained their price target for Dilip Buildcon at ₹452.00, citing a stable outlook despite minor adjustments to the discount rate and future price-earnings ratio assumptions. What's in the News Dilip Buildcon's Board Meeting is scheduled for November 13, 2025 to consider and approve audited financial results for the quarter and half year ended September 30, 2025 (Company filing).
Analysis Article Nov 05

Returns On Capital At Dilip Buildcon (NSE:DBL) Have Stalled

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Narrative Update Oct 27

New Orders And Project Wins Will Support Margins Amid Rising Costs

Analysts have adjusted their price target for Dilip Buildcon slightly upward from ₹450.50 to ₹452.00, citing minor improvements in profit margin projections. This change comes despite a modest increase in the discount rate and a slight reduction in expected future revenue growth.
Narrative Update Oct 13

CapEx Pauses And Low-Cost Bidders Will Threaten EPC Margins

Narrative Update: Dilip Buildcon's Analyst Price Target Revised Analysts have lowered their fair value estimate for Dilip Buildcon from ₹481.33 to ₹450.50. This change reflects an updated outlook based on recent financial metric adjustments.
Narrative Update Sep 15

CapEx Pauses And Low-Cost Bidders Will Threaten EPC Margins

The increase in Dilip Buildcon's consensus analyst price target is primarily supported by a substantial improvement in profitability, evidenced by a higher net profit margin and a markedly lower future P/E ratio, bringing the fair value estimate up to ₹481.33. What's in the News DBL-RBL JV received the Letter of Acceptance for the construction of the Gurugram Metro Corridor, including 27 stations covering 28.5 km.
Analysis Article Sep 10

Shareholders May Not Be So Generous With Dilip Buildcon Limited's (NSE:DBL) CEO Compensation And Here's Why

Key Insights Dilip Buildcon to hold its Annual General Meeting on 16th of September Salary of ₹110.0m is part of CEO...
Analysis Article Jun 10

Investors Don't See Light At End Of Dilip Buildcon Limited's (NSE:DBL) Tunnel

With a price-to-earnings (or "P/E") ratio of 12.2x Dilip Buildcon Limited ( NSE:DBL ) may be sending very bullish...
Analysis Article May 01

Dilip Buildcon (NSE:DBL) Will Be Hoping To Turn Its Returns On Capital Around

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Apr 09

Is Now The Time To Look At Buying Dilip Buildcon Limited (NSE:DBL)?

While Dilip Buildcon Limited ( NSE:DBL ) might not have the largest market cap around , it saw a double-digit share...
Analysis Article Mar 23

Does Dilip Buildcon (NSE:DBL) Deserve A Spot On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
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New Narrative Mar 15

Muted Order Inflows And High Fixed Costs Will Challenge Future Profitability In Indian Construction Industry

Lack of new order inflows and execution delays could negatively impact revenue growth and earnings improvement.
Analysis Article Mar 06

Why Investors Shouldn't Be Surprised By Dilip Buildcon Limited's (NSE:DBL) Low P/E

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 25x, you may consider Dilip...
Analysis Article Dec 19

Dilip Buildcon Limited's (NSE:DBL) Intrinsic Value Is Potentially 26% Below Its Share Price

Key Insights Dilip Buildcon's estimated fair value is ₹353 based on 2 Stage Free Cash Flow to Equity Dilip Buildcon is...
Analysis Article Nov 21

Shareholders Shouldn’t Be Too Comfortable With Dilip Buildcon's (NSE:DBL) Strong Earnings

Strong earnings weren't enough to please Dilip Buildcon Limited's ( NSE:DBL ) shareholders over the last week. We did...
Analysis Article Nov 15

Dilip Buildcon's (NSE:DBL) Returns On Capital Not Reflecting Well On The Business

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Oct 23

At ₹464, Is It Time To Put Dilip Buildcon Limited (NSE:DBL) On Your Watch List?

Dilip Buildcon Limited ( NSE:DBL ), might not be a large cap stock, but it saw significant share price movement during...
Analysis Article Sep 12

Dilip Buildcon (NSE:DBL) Has Announced That It Will Be Increasing Its Dividend To ₹1.00

Dilip Buildcon Limited ( NSE:DBL ) will increase its dividend from last year's comparable payment on the 24th of...
Analysis Article Aug 29

Dilip Buildcon (NSE:DBL) Will Pay A Larger Dividend Than Last Year At ₹1.00

Dilip Buildcon Limited's ( NSE:DBL ) dividend will be increasing from last year's payment of the same period to ₹1.00...
Analysis Article Aug 09

Returns On Capital Signal Difficult Times Ahead For Dilip Buildcon (NSE:DBL)

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Businesses...
Analysis Article Jun 21

Dilip Buildcon Limited's (NSE:DBL) Shares Bounce 26% But Its Business Still Trails The Industry

Despite an already strong run, Dilip Buildcon Limited ( NSE:DBL ) shares have been powering on, with a gain of 26% in...
Analysis Article Jun 08

Estimating The Intrinsic Value Of Dilip Buildcon Limited (NSE:DBL)

Key Insights The projected fair value for Dilip Buildcon is ₹439 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article May 21

Statutory Earnings May Not Be The Best Way To Understand Dilip Buildcon's (NSE:DBL) True Position

Despite posting strong earnings, Dilip Buildcon Limited's ( NSE:DBL ) stock didn't move much over the last week. We...
Analysis Article Apr 19

Lacklustre Performance Is Driving Dilip Buildcon Limited's (NSE:DBL) Low P/S

You may think that with a price-to-sales (or "P/S") ratio of 0.5x Dilip Buildcon Limited ( NSE:DBL ) is a stock worth...
Analysis Article Mar 14

Is It Too Late To Consider Buying Dilip Buildcon Limited (NSE:DBL)?

While Dilip Buildcon Limited ( NSE:DBL ) might not have the largest market cap around , it received a lot of attention...
Analysis Article Dec 21

Dilip Buildcon Limited's (NSE:DBL) Price Is Right But Growth Is Lacking

You may think that with a price-to-sales (or "P/S") ratio of 0.5x Dilip Buildcon Limited ( NSE:DBL ) is a stock worth...
Analysis Article Oct 28

An Intrinsic Calculation For Dilip Buildcon Limited (NSE:DBL) Suggests It's 38% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, Dilip Buildcon fair value estimate is ₹493 Current share price...
Analysis Article Sep 12

Should Shareholders Reconsider Dilip Buildcon Limited's (NSE:DBL) CEO Compensation Package?

Key Insights Dilip Buildcon's Annual General Meeting to take place on 18th of September Total pay for CEO Devendra Jain...
Analysis Article Aug 02

Dilip Buildcon (NSE:DBL) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Earnings and Revenue Growth Forecasts

NSEI:DBL - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2028106,8954,7237,1217,6696
3/31/202790,1143,35813,04914,1466
3/31/202689,83913,024-20,33612,042N/A
12/31/202597,80214,112N/AN/AN/A
9/30/2025102,6746,966-51,675-5,883N/A
6/30/2025108,0297,503N/AN/AN/A
3/31/2025113,1676,408-41,3431,310N/A
12/31/2024115,8624,753N/AN/AN/A
9/30/2024118,3804,674-68,092-12,556N/A
6/30/2024122,2533,008N/AN/AN/A
3/31/2024120,1191,940-44,73110,805N/A
12/31/2023114,8731,155N/AN/AN/A
9/30/2023109,3291,192-3,55040,765N/A
6/30/2023106,801676N/AN/AN/A
3/31/2023106,4369-10,71028,452N/A
12/31/2022104,663186N/AN/AN/A
9/30/2022103,894-1,116-42,259222N/A
6/30/2022100,125-5,869N/AN/AN/A
3/31/202295,664-5,489-23,59916,237N/A
12/31/2021100,382-3,697N/AN/AN/A
9/30/2021111,755-2,433-21,06321,871N/A
6/30/2021105,0662,237N/AN/AN/A
3/31/2021101,6832,666-32,29110,820N/A
12/31/202097,6253,340-35,0257,250N/A
9/30/202095,8072,624-44,6742,033N/A
6/30/202093,8842,823N/AN/AN/A
3/31/202097,2493,578-50,421440N/A
12/31/201995,6692,544N/AN/AN/A
9/30/201995,9603,953N/A14,957N/A
6/30/201993,2974,313N/AN/AN/A
3/31/201994,1585,523N/A11,695N/A
3/31/201879,3755,776N/A12,993N/A
3/31/201753,1923,577N/A6,139N/A
3/31/201643,0052,298N/A2,685N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: DBL's earnings are forecast to decline over the next 3 years (-58.9% per year).

Earnings vs Market: DBL's earnings are forecast to decline over the next 3 years (-58.9% per year).

High Growth Earnings: DBL's earnings are forecast to decline over the next 3 years.

Revenue vs Market: DBL's revenue (8.9% per year) is forecast to grow slower than the Indian market (10.8% per year).

High Growth Revenue: DBL's revenue (8.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DBL's Return on Equity is forecast to be low in 3 years time (7%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 12:48
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Dilip Buildcon Limited is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bhavin ModiAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.