Dilip Buildcon Ltd. News and Updates

Name: Latest research reports of Dilip Buildcon Ltd. authored by BOB Capital Markets Ltd. and published by - Trendlyne research reports.
Item: Dilip Buildcon Ltd.
Rating: 5
Author: BOB Capital Markets Ltd.

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Dilip Buildcon Ltd.

11 Feb 2020

478.50

1.18%

Dilip Buildcon (BUY): Lacklustre quarter; order inflows key to watch

Buy: Dilip Buildcon Ltd.

Target

BOB Capital Markets Ltd.

Dilip Buildcon's (DBL) Q3FY20 standalone revenue fell 4% YoY to Rs 23.8bn (Rs 25bn est.) due to the extended monsoon and delayed appointed dates.

Dilip Buildcon Ltd. is trading above all available SMAs

Dilip Buildcon Ltd.

11 Feb 2020

478.50

1.18%

Q3FY20 Result Review : Dilip Buildcon

Buy: Dilip Buildcon Ltd.

Target

IDBI Capital

In 3QFY20, Dilip Buildcon Ltd (DBL) revenue declined by 4% YoY on account of delay in award of appointed date by NHAI and continuous rainfall until Nov-19. Management has lowered its FY20E revenue guidance by 5% to Rs95b. But we understand, despite the cut, revenue to increase by 40% YoY in 4QFY20. EBITDA margin in 3QFY20 was flat YoY at 17.6% and FY20E EBITDA margin is expected at 17-18%. DBL has received orders of Rs62b in YTDFY20 and has guided for incremental orders of Rs50-70b in 4QFY20. NHAI ordering has been weak and Rs800b worth of tender are open until today and DBL expected speedy award in the coming month. We maintain BUY rating on...

Dilip Buildcon Ltd. has an average target of 414.00 from 2 brokers.

Dilip Buildcon Ltd.

06 Feb 2020

478.50

1.18%

Dilip Buildcon bags 861-cr road project in Chhattisgarh

Business Line

Dilip Buildcon Ltd on Thursday said it has bagged a road project worth 860.50 crore in Chhattisgarh.The company has been declared as L-1 bidder in

Dilip Buildcon Ltd.'s price crossed above 200Day SMA today

Dilip Buildcon Ltd.

23 Jan 2020

478.50

1.18%

Dilip Buildcon executes EPC pact with UPEIDA for Rs 1,250cr road project in UP

Moneycontrol

"The company has executed the EPC agreement with the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) for...project in the state of Uttar Pradesh," the company said in a BSE filing.

Dilip Buildcon Ltd. has an average target of 414.00 from 2 brokers.

Dilip Buildcon Ltd.

24 Dec 2019

478.50

1.18%

Dilip Buildcon bags 1,362-cr road project in Uttar Pradesh

Business Line

Dilip Buildcon Ltd on Tuesday said it had bagged a 1,362.06 crore road project in Uttar Pradesh.In a regulatory filing, the company said that it had

Dilip Buildcon Ltd.'s price crossed above 200Day SMA today

Dilip Buildcon Ltd.

10 Dec 2019

478.50

1.18%

Dilip Buildcon lowest bidder for 826-cr Delhi Metro project

Business Line

Dilip Buildcon Ltd has been declared the lower bidder by Delhi Metro Rail Corporation Ltd for 825.62-crore project. Dilip Buildcon Ltd through JV

Dilip Buildcon Ltd. has an average target of 414.00 from 2 brokers.

Dilip Buildcon bags Rs 825cr Delhi Metro project; share price rises 2%

Moneycontrol | 10 Dec 2019

Dilip Buildcon Ltd.

29 Nov 2019

478.50

1.18%

Dilip Buildcon share price rises 6% on bagging expressway project in UP

Moneycontrol

The project cost is Rs 1,362.06 crore and it has to be completed in 36 months.

Dilip Buildcon Ltd. is trading above all available SMAs

Dilip Buildcon bags Rs 1,362cr road project in Uttar Pradesh

Moneycontrol | 29 Nov 2019 1 more

Dilip Buildcon Ltd.

15 Nov 2019

478.50

1.18%

Dilip Buildcon (2QFY20): On track performance. Maintain BUY

Buy: Dilip Buildcon Ltd.

Target

HDFC Securities

DBL has established itself as strong executioner with a track record of securing early completion bonus for its projects, though it comes at a cost of inventory pile up and NWC stress in case of delays in Appointed Date. With all but one of its HAM projects awaiting AD, we expect an improvement in NWC situation. DBL has secured a deal for monetization of its HAM portfolio with Cube Highways, which may enable capital churning and help bid for new projects. We maintain BUY with a cautious approach on debt built up We maintain BUY on DBL, with a reduced TP of Rs 717/sh (vs. Rs 737/sh earlier). We retain our target EPC multiple at 12x FY21E EPS to factor a marginal cut in FY20 revenue estimates. We have revised our FY20/21 EPS estimates lower by 9.9/4.9% respectively.

Dilip Buildcon Ltd. has an average target of 414.00 from 2 brokers.

Dilip Buildcon Ltd.

15 Nov 2019

478.50

1.18%

Dilip Buildcon (BUY): Subdued execution drives guidance cut

Buy: Dilip Buildcon Ltd.

Target

BOB Capital Markets Ltd.

Dilip Buildcon's (DBL) Q2FY20 standalone revenue was in line at Rs 18.1bn (+11% YoY), but PAT (31% YoY) missed estimates on higher depreciation and taxes.