DBLConstruction

Dilip Buildcon Limited

Civil Construction · ISIN INE917M01012 · BSE 540047 · NSE EQ · FV ₹10
Last price
₹408
+0.53%today
What this company does

Dilip Buildcon Limited operates in Civil Construction, part of the Construction sector. It booked ₹2,378 cr of revenue in its latest quarter (Q1 FY27) and kept 4.8% of sales as profit.

44out of 100
Equitytale Health Score
Strained

Healthier than 44% of companies in Construction, on all six measures of filed financials. Each measure is ranked against the 7–23 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
52

At close. Not part of the score.

Profitability & returns40

How much profit it earns on the money it employs

Balance sheet18

How much it owes, and whether earnings cover the interest

Cash quality38

Whether reported profit actually arrives as cash

Growth & consistency32

Whether sales and profit have grown, and how steadily

Valuation81

What today's price implies, against our models or its peers

Governance & risk78

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 63%
Watch-outs
! Thin 4.8% net margin
! Sales down 9% vs last year
! Profit down 51% vs last year
! 14.2% of promoter stake pledged
! Low 6.6% return on equity
! Carries high debt (D/E 1.2)
! Operating cash flow is negative

What if I invest in DBL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹408 +0.53%
latest close · 2026-09-17
1-year return
-20.7%
52-wk low ₹18852-wk high ₹750
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio13.0Low
LowAverageHigh
P/B ratio0.97Below book
Below bookModerateHigh
EV / EBITDA7.7Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity6.6%Weak
WeakFairStrong ▸15%
Return on capital12.5%Fair
WeakFairStrong
Net margin4.8%Thin
ThinDecentStrong
EBITDA margin20.0%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.16High
LowModerateHigh ▸1
Interest cover1.6×Risky
RiskyOkayStrong ▸5×
Current ratio1.56Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹6,633 cr
Book value
₹420
EPS
₹7.88
latest quarter
Net debt
₹7,956 cr
owes more than its cash
Enterprise value
₹14,589 cr
EBITDA
₹1,905 cr
annualised
EBIT
₹1,608 cr
annualised
Operating margin
16.9%
Return on assets
2.4%
Earnings yield
7.72%
P/S
0.70
Sales / share
₹585.5
Tax rate
18.6%
Face value
₹10
Shares
16.2 cr
Working capital
₹3,387 cr
Current assets
₹9,402 cr
Current liabilities
₹6,015 cr
Delivery %
44.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹333₹339, midpoint ₹336

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹2,378 cr
Other Income₹47 cr
Total Income₹2,425 cr
Cost of Materials₹1,859 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-64 cr
Employee Benefit Expense₹46 cr
Finance Costs₹245 cr
Depreciation & Amortisation₹74 cr
Other Expenses₹107 cr
Total Expenses₹2,268 cr
Exceptional Items₹4.5 L
Profit before Tax₹157 cr
Tax Expense₹29 cr
Share of JV / Associates₹12.3 L
Net Profit₹128 cr
Net margin on total income5.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹1,796 cr74.1%
Employee benefit expense₹46 cr1.9%
Finance costs₹245 cr10.1%
Depreciation & amortisation₹74 cr3.1%
Other expenses₹107 cr4.4%
Tax expense₹29 cr1.2%
Profit for the period₹128 cr5.3%
Total income ₹2,425 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue2,138 cr2,300 cr2,378 cr
Total income2,308 cr2,361 cr2,425 cr
Expenses2,180 cr2,211 cr2,268 cr
Profit before tax713 cr153 cr157 cr
Tax-76 cr29 cr29 cr
Net profit (owners' share)830 cr62 cr113 cr
Net margin (owners' share, on revenue)38.8%2.7%4.8%
EPS (₹)48.577.627.88
YoY (latest quarter): total income -14.5% · net profit -50.7%
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹18,908 cr
Shareholder equity
₹6,829 cr
parent shareholders
Total debt
₹8,041 cr
Cash
₹86 cr
Cash flow · H1 FY26
Operating
₹-2,154 cr
Investing
₹1,275 cr
Financing
₹415 cr
Peer comparison
Civil Construction · by market value
CompanyPriceMarket capP/E
Larsen & Toubro Limited₹3,836₹5.28 L cr32.0
Rail Vikas Nigam Limited₹202₹42,055 cr66.3
Kalpataru Projects International Limited₹1,399₹23,900 cr19.3
IRB Infrastructure Developers Limited₹19₹22,767 cr18.9
NBCC (India) Limited₹82₹22,175 cr36.0
Cemindia Projects Limited₹1,255₹21,563 cr38.3
Engineers India Limited₹264₹14,824 cr23.5
Techno Electric & Engineering Company Limited₹985₹11,452 cr30.7
KEC International Limited₹402₹10,700 cr36.8
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.24%
trailing 12 months
Dividend / share (TTM)
₹1
Last dividend
₹1
ex 15 Sep 2026
ActionDetailEx-date
Dividend₹1 / share15 Sep 2026
Dividend₹1 / share8 Sep 2025
Dividend₹1 / share17 Sep 2024
Dividend₹0.1 / share11 Sep 2023
Dividend₹0.1 / share22 Sep 2022
Dividend₹1 / share22 Sep 2021
Who owns it · 2026-06-30
14.2% pledged
Promoter
63.1%
FII / Foreign
2.0%
DII / Domestic
6.1%
Retail / others
28.7%
Promoter stake down 7.0% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtDilip Suryavanshi · Promoters3.25 L · ₹19.5 cr7 Jul 21
BoughtDevendra Jain · Promoters1.75 L · ₹10.5 cr7 Jul 21
BoughtDilip Suryavanshi · Promoters8.74 L · ₹47.8 cr29 Jun 21
Bulk / block deals
SoldMICROCURVES TRADING PRIVATE LIMITED · NSE12.30 L @ ₹415.9324 Jul 26
BoughtMICROCURVES TRADING PRIVATE LIMITED · NSE12.30 L @ ₹415.6124 Jul 26
short · NSE224 Jul 26
Stake changes
BoughtHelium Services LLP→ 9.99%16 Jul 26
BoughtHelium Services LLP→ 9.99%22 May 26
BoughtHelium Services LLP→ 9.99%11 May 26
Promoter pledges
ReleasedRBL Bank Limited5.48 L · 7.14% held25 Oct 24
ReleasedRBL Bank Limited7.95 L · 3.72% held25 Oct 24
ReleasedAditya Birla Finance Ltd50,000 · 3.75% held22 Jul 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 17 Jan 2026
See the official result
1
The approval of the members be and is hereby accorded for Material Related Party Transactions under Regulation 23 Of SEBI (LODR) Regulation, 2015 between the Company and DBL ERCP Bandh Baretha Private Limited (a subsidiary of the Company)
Backed by 86% of shareholders other than promotersneeded 50%
1.99 cr votes for, 33.35 L against · 48% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 6 named members
owning 29.2% between them · as of 2026-06-30
Devendra Jain21.89%
Seema Suryavanshi7.33%
Dilip Suryavanshino shares
Karan Suryavanshino shares
SURYAVANSHI FAMILY TRUST (Trustees:Dilip Suryavanshi, Rohan Suryavanshi, Karan Suryavanshi)no shares
Suryavanshi Minerals Private Limitedno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹532 cr raised in Dec 2023 by selling shares to the public

As of Mar 2025, the company says it has spent 25% of what it set aside. CRISIL RATINGS LIMITED watches the spending on the exchange’s behalf.

WORKING CAPITAL
0%
of what was set aside
GENERAL CORPORATE PURPOSE
100%
of what was set aside

The rupee amounts in this company’s own breakdown don’t add up to the amount it says it raised — a common filing slip, where a table meant to be read in lakhs is entered as whole rupees. Rather than guess which is right, we show only the percentages, which are unaffected.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.