NSE: DBL | BSE: 540047

Mid-range Performer

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511.15 12.40 (2.49%)

High volume today

NSE 26 Jun, 2025 3:31 PM (IST)

7,473.8

Market Cap

Below industry Median

1.1

Beta 1Year

High Volatility

Dilip Buildcon Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for DBL, BSE:540047 Dilip Buildcon Ltd.

Dilip Buildcon Ltd.

09 Feb 2019

511.15

2.49%

Dilip Buildcon (3QFY19): Strong comeback. Maintain BUY

Buy: Dilip Buildcon Ltd.

HDFC Securities

We maintain BUY with reduced TP of Rs 833/sh (13.5x Dec-20E EPS and BOT at 1x equity invested). DBL posted strong 3QFY19 Rev/EBITDA/APAT of Rs 24.9/4.4/2.1bn (+6/7/14% beat) despite only ~Rs. 100bn of the order book effectively being under execution. EBIDTA margins came in line at 17.7%. With 80-IA projects still contributing significantly, DBL reported a 6% effective tax rate.

Dilip Buildcon Ltd. has an average target of 431.00 from 2 brokers.

Dilip Buildcon Ltd.

15 Nov 2018

511.15

2.49%

Dilip Buildcon

Buy: Dilip Buildcon Ltd.

Target

Dolat Capital

Weak quarter, focus shifting from revenue growth to reducing leverage DBL's standalone revenue up 2.7% YoY to `16.2 bn in Q2FY19 (16.7% below estimates) due to slower execution run rate in road (+4% YoY) segment affected by monsoon. EBITDA margin down 70 bps YoY to 17.3% (66 bps below estimates), primarily due to higher other expenses and employee costs which was partially offset by fall in raw material costs by 64 bps to 76.8% of revenue. Reported PAT decreased 28.0% YoY to `832 mn due to poor operating performance coupled with higher tax rate of 12.8% vs....

Dilip Buildcon Ltd. is trading above all available SMAs

Dilip Buildcon Ltd.

15 Nov 2018

511.15

2.49%

Dilip Buildcon Ltd. | Q2FY19 Result Update

Buy: Dilip Buildcon Ltd.

Target

Edelweiss

Dilip Buildcon (DBL), after 7 quarters of consistent outperformance, reported a muted revenue growth of 3% YoY to INR 1,624 cr in Q2FY19.

Dilip Buildcon Ltd. is trading at high day volume of 1.1M.

Dilip Buildcon Ltd.

14 Nov 2018

511.15

2.49%

Dilip Buildcon (2QFY19): Muted performance. Maintain BUY

Buy: Dilip Buildcon Ltd.

Target

HDFC Securities

Owing to increase in debt we have ascribed a 25% P/E valuation discount and value EPC business at 13.5x, we maintain BUY with reduced TP of Rs 817/sh (13.5x FY20E EPS and BOT at 1x equity invested). DBL delivered muted execution of Rs 16.3bn (2% miss). EBIDTA Margin was in line with guidance at 17.3%. APAT at Rs 832mn was 37% below estimates owing to higher depreciation/interest/tax rate.

Dilip Buildcon Ltd. has an average target of 431.00 from 2 brokers.

Dilip Buildcon Ltd.

24 Sep 2018

511.15

2.49%

Dilip Buildcon

Buy: Dilip Buildcon Ltd.

Target

Dolat Capital

DBL received order inflows of 20 projects in FY18 of which 12 are road HAM, 7 are road EPC and 1 in urban development leading to orderbook of `240.9 bn providing revenue visibility of 2.8x TTM revenue. In the current scenario where, weak balance sheet-companies are facing difficulties for financial closure, DBL has proved its excellence by completing financial closures for 3 HAM projects and expects other 9 to be completed within scheduled time....

Dilip Buildcon Ltd. is trading above all available SMAs

Dilip Buildcon Ltd.

17 Aug 2018

511.15

2.49%

Dilip Buildcon

Buy: Dilip Buildcon Ltd.

Kotak Securities

DBL results for the quarter were ahead of our estimates led by better than expected execution and margins. Better than expected order inflow during FY18 and a robust order book provides healthy visibility of future earnings...

Dilip Buildcon Ltd. has an average target of 431.00 from 2 brokers.

Dilip Buildcon Ltd.

16 Aug 2018

511.15

2.49%

Dilip Buildcon (1QFY19): Strong comeback. Maintain BUY

Buy: Dilip Buildcon Ltd.

HDFC Securities

We maintain BUY with a TP of Rs 1,434/sh (10x FY20E EV/EBITDA and BOT at 1x equity invested). DBL delivered strong execution with 1QFY19 revenue beat of 3.7%. Revenue for 1QFY19 came in at Rs 24.4bn. Margins continued to be higher than industry at 17.8%. APAT at Rs 2.5bn was 30.9% above our estimates on account of deferred tax reversal impact of Rs 173mn. Adjusted for deferred tax APAT was 22.0% above estimates. There was no early completion bonus in 1QFY19.

Dilip Buildcon Ltd. is trading above all available SMAs

Dilip Buildcon Ltd.

02 Jun 2018

511.15

2.49%

Dilip Buildcon Ltd - Much Ado About Nothing

Mgmt Note: Dilip Buildcon Ltd.

Edelweiss

In last few days Dilip Buildcon stock has corrected by more than 25%. There have been some concerns raised by investors.

Dilip Buildcon Ltd. is trading at high day volume of 1.1M.

Dilip Buildcon Ltd.

30 May 2018

511.15

2.49%

Dilip Buildcon (4QFY18): Outperformance continues. Maintain BUY

Buy: Dilip Buildcon Ltd.

Target

HDFC Securities

We maintain BUY with a TP of Rs 1,434/sh (10x FY20E EV/EBITDA and BOT at 1x equity invested) DBL continued to deliver strong execution with 4QFY18 Revenue beat of 15.3%. Revenue for FY18 came in at Rs 77.5bn. DBL has consistently demonstrated industry beating 18.1% EBITDA margins in FY18. Despite a muted 9MFY18, ~Rs 141.1bn (EPC portion) of orders were bagged in FY18 as NHAI tendering picked up pace in 4QFY18.

Dilip Buildcon Ltd. is trading at high day volume of 1.1M.

Dilip Buildcon Ltd.

20 Mar 2018

511.15

2.49%

Dilip Buildcon

Buy: Dilip Buildcon Ltd.

Target

Dolat Capital

DBL with its differentiated business model that lays on project selection and execution with operational efficiency continues to remain one of the prime beneficiaries of Govt's Bharatmala project (` 6.95tn). With its presence across 13 states of India (as on Mar'18) and signing of an agreement with Shrem Group (Aug'17) to exit 100% from its 24 BoT projects for ` 16bn,...

Dilip Buildcon Ltd. has an average target of 431.00 from 2 brokers.

Is Dilip Buildcon Ltd. worth buying?

602 Votes:

Buy 85.38%

Sell 8.31%

Hold 6.31%

RESEARCH REPORTS

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Sell SEE REPORTS >

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