Dilip Buildcon (DBL) had a P/E of 5.1× on 6 Nov 2026, below the industry P/E of 16.4×, and the shares are 20% below their 52-week high. It earns ROCE of 20% and ROE of 22%, and sales fell 7.3% a year over 3 years. Its dividend yield is 0.3%, and debt is 1.16× equity. It is a small-cap company with a market cap of ₹6,494 Cr, ranked 21st of 156 Engineering & Construction companies by market cap; the shares fell 22% over the past year.
- ₹392.95
- ₹401.95
- ₹392.00
- ₹396.90
- 61.5K
Health check
- ReturnsBehind
−22.4% over a year, better than 2 of 7 peers.
- Price tagCheaper
P/E 5.1 vs industry 16.4.
- GrowthSteady
Sales −7.3%, profit +1016.2% a year over 3 years.
- ProfitabilityAverage
ROCE 19.7% vs peer median 19.9%.
- Balance sheetFair
Debt 1.16× equity, interest covered 2.4×, Piotroski 6 of 9.
- Red flags3 to check
Quarterly profit down 50.7% on a year ago.
Small cap
Defensive
Key metrics
- Market cap
- ₹6,494 Cr
- Small cap
- P/E
- 5.1
- Industry 16.4
- Price to book
- 0.77
- Peers 4.92
- Dividend yield
- 0.25%
- ROE
- 21.9%
- Peers 17.9%
- ROCE
- 19.7%
- Peers 19.9%
- Debt to equity
- 1.16
- Debt ₹8,041 Cr
- EPS (TTM)
- ₹78.71
- Face value ₹10
- OPM (TTM)
- 19.2%
- Net margin 13.6%
- Sales growth
- −9.3%
- Latest quarter vs a year ago
- Profit growth
- −50.7%
- Latest quarter vs a year ago
- Price to sales
- 0.74
- EV/EBITDA 8.1
Strengths and risks
Strengths
- Return on equity of 21.9%.
- P/E of 5.1 against an industry P/E of 16.4.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Quarterly profit down 50.7% on a year ago.
- Quarterly sales down 9.3% on a year ago.
- Interest coverage of only 1.8×.
About Dilip Buildcon
Dilip Buildcon Limited, together its subsidiaries, engages in the development of infrastructure facilities on engineering, procurement, and construction (EPC) basis in India. The company operates through Engineering, Procurement and Construction (EPC) Projects & Road Infrastructure Maintenance, and Annuity Projects & Others segments. It is involved in roads, highways, bridges, tunnels, irrigation, mining, water supply, metros, airport, and urban…
- Headquarters
- Bhopal
- Employees
- 21,221
- Sector
- Industrials
- ISIN
- INE917M01012
- Website
- dilipbuildcon.com
Price range
- Avg volume (3M)
- 2.9 L
- 1-year return
- minus 22.4%
- From 52-week high
- minus 19.6%
Peers · Engineering & Construction
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| LTLarsen & Toubro | 4,117.70 | plus 1.67% | 5,66,549 | 31.7 | 19.6 | 14.6% | 9.6% | 1.05 | 16.1% | plus 3.2% |
| RVNLRail Vikas Nigam | 193.34 | minus 0.18% | 40,312 | 44.9 | 56.9 | 11.0% | 4.3% | 0.49 | 0.2% | minus 40.5% |
| CEMPROCemindia Projects | 1,323.30 | plus 2.79% | 24,405 | 36.4 | 24.2 | 37.1% | 10.4% | 0.35 | 25.5% | plus 49.2% |
| KPILKalpataru Projects International | 1,370.80 | minus 0.04% | 23,410 | 19.7 | 10.1 | 19.9% | 8.3% | 0.46 | 18.4% | plus 4.3% |
| NBCCNBCC (India) | 78.00 | minus 2.90% | 21,060 | 26.5 | 19.8 | 34.3% | 6.1% | 0.00 | 12.9% | minus 29.5% |
| ENGINERSINEngineers India | 292.70 | minus 1.94% | 16,451 | 18.3 | 21.5 | 28.1% | 21.2% | 0.00 | 5.7% | plus 51.1% |
| WABAGVA Tech Wabag | 1,988.20 | plus 6.57% | 12,434 | 29.4 | 20.8 | 16.3% | 10.9% | 0.09 | 9.9% | plus 33.2% |
| DBLDilip Buildcon | 399.75 | plus 0.72% | 6,494 | 5.1 | 7.4 | 19.7% | 19.2% | 1.16 | −7.3% | minus 22.4% |
| Median of 7 peers | – | −0.04% | 23,410 | 29.4 | 20.8 | 19.9% | 9.6% | 0.35 | 12.9% | 4.3% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 2,620 | 1,926 | 2,138 | 2,300 | 2,378 | |
| 2,100 | 1,455 | 1,756 | 1,908 | 1,949 | |
| 521 | 471 | 382 | 392 | 429 | |
| 19.9% | 24.4% | 17.9% | 17.1% | 18.0% | |
| 216 | 68.8 | 170 | 60.9 | 47.1 | |
| 498 | 320 | 349 | 236 | 245 | |
| 78 | 77 | 74.9 | 67.7 | 74.2 | |
| 169 | 122 | 585 | 3.6 | 0 | |
| 331 | 265 | 713 | 153 | 157 | |
| 17.9% | 19.1% | −10.7% | 19.1% | 18.6% | |
| 229 | 181 | 830 | 62.1 | 113 | |
| 17.06 | 14.64 | 48.57 | 7.62 | 7.88 |
Profit & loss
- Sales CAGR 3Y
- −7.3%
- Profit CAGR 3Y
- +1016.2%
- EPS CAGR 3Y
- +1003.6%
- ROE
- 21.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10,333 | 11,736 | 10,431 | 8,218 | |
| – | +13.6% | minus 11.1% | minus 21.2% | |
| 9,176 | 10,224 | 8,448 | 6,304 | |
| 1,157 | 1,512 | 1,983 | 1,914 | |
| 11.2% | 12.9% | 19.0% | 23.3% | |
| −152 | −65.9 | −66.4 | 10 | |
| 680 | 785 | 830 | 1,079 | |
| 398 | 379 | 346 | 298 | |
| 177 | 210 | 241 | 914 | |
| 103 | 492 | 981 | 1,461 | |
| 101.3% | 59.1% | 14.4% | 4.3% | |
| 0.9 | 194 | 641 | 1,302 | |
| – | +20654.6% | +230.3% | +103.2% | |
| 0.06 | 12.38 | 51.71 | 86.08 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 146 | 146 | 146 | 162 | |
| 3,855 | 4,223 | 4,918 | 6,667 | |
| 6,675 | 7,246 | 9,528 | 8,044 | |
| 4,762 | 5,025 | 5,117 | 4,035 | |
| 15,439 | 16,640 | 19,709 | 18,908 | |
| 4,187 | 4,375 | 5,276 | 4,976 | |
| 2,670 | 2,853 | 3,856 | 3,561 | |
| 1,110 | 862 | 960 | 1,556 | |
| 140 | 399 | 913 | 327 | |
| 7,333 | 8,152 | 8,705 | 8,488 | |
| 15,439 | 16,640 | 19,709 | 18,908 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,845 | 1,080 | 131 | 1,204 | |
| 25.8 | −111 | −731 | 468 | |
| −3,028 | −431 | 1,022 | −2,503 | |
| −157 | 539 | 422 | −831 | |
| −3,916 | −5,554 | −4,265 | −3,238 | |
| −1,071 | −4,473 | −4,134 | −2,034 | |
| −1.5 | −1.5 | −14.6 | −16.2 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 6.3% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.