Want to see IN:DBL full AI Analyst Report?
Top Page
Dilip Buildcon Ltd.
(DBL)
Select Model
Select Model
Rating:58Neutral
Price Target:
₹437.00
▲(1.47% Upside)
Action:Reiterated
Date:07/25/26
The score is held back mainly by weak cash generation (negative operating cash flow and deeply negative free cash flow) and still-elevated leverage despite improvement, which outweigh strong recent profitability. Technicals are mixed-to-bearish with the stock below key moving averages and negative MACD. Valuation is a key support due to the low P/E, though dividend yield is minimal.
Positive Factors
Improved profitability margins
A material rebound to double‑digit net and EBIT margins reflects stronger project pricing, execution efficiency and cost control. Sustained margins increase internal capital generation potential, improve bid competitiveness on future EPC contracts and support returns despite sector cyclicality.
Negative Factors
Weak and negative cash generation
Persistently negative operating and free cash flow signals earnings quality and working‑capital stress: it forces reliance on external financing, raises refinancing and liquidity risk for large projects, and constrains ability to fund capex or absorb payment delays without raising cost of capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved profitability margins
A material rebound to double‑digit net and EBIT margins reflects stronger project pricing, execution efficiency and cost control. Sustained margins increase internal capital generation potential, improve bid competitiveness on future EPC contracts and support returns despite sector cyclicality.
Read all positive factors
Dilip Buildcon Ltd. (DBL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹69.96B
Dividend Yield0.23%
Average Volume (3M)27.95K
Price to Earnings (P/E)4.9
Beta (1Y)1.10
Revenue Growth-20.36%
EPS Growth91.60%
CountryIN
Employees23,762
SectorGeneral
Sector StrengthN/A
IndustryEngineering & Construction
Share Statistics
EPS (TTM)87.89
Shares Outstanding162,444,840
10 Day Avg. Volume43,053
30 Day Avg. Volume27,947
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)0.86
Price to Sales (P/S)0.65
P/FCF Ratio-1.77
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)23.46
Revenue Forecast (FY)₹98.74B
Dilip Buildcon Ltd. Business Overview & Revenue Model
Company Description
Dilip Buildcon Limited, an Indian construction conglomerate inclusive of its subsidiaries, focuses on developing diverse infrastructure projects across the nation using an Engineering, Procurement, and Construction (EPC) methodology. Its business ...
How the Company Makes Money
DBL primarily makes money by undertaking infrastructure construction contracts and EPC works awarded by central/state government departments and public-sector authorities, where revenue is recognized as project execution progresses based on contra...
Dilip Buildcon Ltd. Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
61
Positive
Cash Flow
34
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 89.84B | 113.17B | 120.12B | 103.33B | 91.94B |
| Gross Profit | 18.25B | 27.57B | 20.67B | 10.95B | 9.11B |
| EBITDA | 17.66B | 21.51B | 16.56B | 11.82B | 7.53B |
| Net Income | 13.02B | 6.41B | 1.94B | 9.35M | -5.49B |
Balance Sheet | |||||
| Total Assets | 189.08B | 197.09B | 166.47B | 154.39B | 163.41B |
| Cash, Cash Equivalents and Short-Term Investments | 3.79B | 11.58B | 7.36B | 4.26B | 5.83B |
| Total Debt | 80.41B | 95.25B | 72.46B | 66.75B | 88.15B |
| Total Liabilities | 119.47B | 144.54B | 122.72B | 114.41B | 127.91B |
| Stockholders Equity | 68.29B | 50.64B | 43.70B | 40.02B | 35.51B |
Cash Flow | |||||
| Free Cash Flow | -33.03B | -41.34B | -44.83B | -10.71B | -23.60B |
| Operating Cash Flow | -656.39M | 1.31B | 10.70B | 28.45B | 16.24B |
| Investing Cash Flow | 3.35B | -7.31B | -1.11B | 257.88M | 4.45B |
| Financing Cash Flow | -11.00B | 10.22B | -4.31B | -30.28B | -22.95B |
Dilip Buildcon Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | ₹85.54B | 9.47 | ― | 0.29% | 13.58% | -11.01% | |
65 Neutral | ₹34.01B | 1.33 | ― | ― | -25.08% | 51.20% | |
58 Neutral | ₹69.96B | 4.88 | ― | 0.23% | -20.36% | 91.60% | |
58 Neutral | ₹63.10B | 7.59 | ― | 0.25% | -20.69% | 1.98% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | ₹56.19B | 25.22 | ― | ― | -29.16% | 35.71% | |
51 Neutral | ₹88.49B | 13.12 | ― | 1.37% | -6.20% | -17.63% |
* General Sector Average
IN:DBL
Dilip Buildcon Ltd.
444.75
-39.66
-8.19%
IN:ASHOKA
Ashoka Buildcon Limited
121.15
-77.95
-39.15%
IN:GRINFRA
G R Infraprojects Ltd.
901.95
-325.61
-26.52%
IN:HCC
Hindustan Construction Co. Ltd.
21.81
-4.68
-17.67%
IN:NCC
NCC Limited
144.50
-64.91
-31.00%
IN:PNCINFRA
PNC Infratech Ltd
247.05
-68.93
-21.81%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.