Company Selected As 548 Crore Project Bidder; Share Target ₹500 And ₹576

Construction Stock: Civil construction company Dilip Buildcon(NSE: DBL) received a big order from the Tamil Nadu government over the weekend.
In the data that was sent to the stock market company, it was stated that it was selected as the bidder with the highest priority for the project which is worth 548 crores.
This week, this share was traded at the price of 437 rupees (Dilip Buildercon’s share price). It has earned an annual return of 120 percent within a year.
Let us tell you that after 3 days of continuous decline, this stock has started rising. Experts set Share Target of ₹500 And ₹576.
Dilip Buildcon Order Details
According to the information available on the BSE website, Dilip Buildcon has been selected as the L1 bidder for the project worth Rs 548 crore by the Tamil Nadu government.
The company has received this order for NH-44 which is to improve the alignment. This order has been received in hybrid annuity mode.
Shares of Dilip Buildcon closed at Rs 437 this week. The 52-week high is Rs 504 which it made on February 19.
The 52-week low is Rs 160 which it made on 19 May 2023. The all-time highest price in this company is 1247.
It has gained momentum after three trading sessions of decline. So far this year, this stock has given returns of 15 percent,
8 percent in three months, and 33 percent in six months. Has given 120 percent return in one year.
About Dilip Buildcon Ltd
Dilip Buildcon Limited, an Indian company.
The divisions: Engineering, Construction Projects & Road Infrastructure Maintenance, Annuity Projects & Others.
The company’s projects revolve around highways and roads, sewage treatment and dams, railways and metros, airports and mining, irrigation, and tunnels. The Company has contracts with various governments, parties, and special-purpose vehicles.
DBL is a parent company of DBL Hassan Periyapatna Tollways Limited. Others are Bhavya Infrastructure, Jalpa Devi Engineering Private Limited & Systems Private Limited, and DBL Nidagatta Mysore Highways Private Limited.
Fundamental Analysis of Dilip Buildcon Ltd
Market Cap | ₹ 6,396 Cr. |
Current Price | ₹ 437 |
52-wk High | ₹ 504 |
52-wk Low | ₹ 160 |
Stock P/E | 108 |
Book Value | ₹ 283 |
Dividend | 0.02 % |
ROCE | 5.34 % |
ROE | -7.47 % |
Face Value | ₹ 10.0 |
P/B Value | 1.55 |
OPM | 11.0 % |
EPS | ₹ 7.90 |
Debt | ₹ 6,763 Cr. |
Debt to Equity | 1.64 |
Year | 1st Target | 2nd Target |
2024 | ₹ 460 | ₹ 500 |
2025 | ₹ 521 | ₹ 565 |
2026 | ₹ 570 | ₹ 598 |
2027 | ₹ 600 | ₹ 622 |
2028 | ₹ 625 | ₹ 698 |
2029 | ₹ 700 | ₹ 722 |
2030 | ₹ 744 | ₹ 787 |
Promoters Holding | |
Dec 2022 | 70.15% |
Mar 2023 | 70.15% |
June 2023 | 70.15% |
Sept 2023 | 70.15% |
Dec 2023 | 70.15% |
FII Holding | |
Dec 2022 | 5.56% |
Mar 2023 | 4.70% |
June 2023 | 2.56% |
Sept 2023 | 2.69% |
Dec 2023 | 2.89% |
DII Holding | |
Dec 2022 | 9.10% |
Mar 2023 | 9.03% |
June 2023 | 9.03% |
Sept 2023 | 9.06% |
Dec 2023 | 9.11% |
Public Holding | |
Dec 2022 | 15.18% |
Mar 2023 | 16.12% |
June 2023 | 18.26% |
Sept 2023 | 18.09% |
Dec 2023 | 17.86% |
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
2019 | ₹ 9,403 Cr |
2020 | ₹ 9,701 Cr |
2021 | ₹ 10,166 Cr |
2022 | ₹ 9,564 Cr |
2023 | ₹ 11,487 Cr |
Last 5 Years’ Net Profit:
2019 | ₹ 547 Cr |
2020 | ₹ 405 Cr |
2021 | ₹ 437 Cr |
2022 | ₹ -550 Cr |
2023 | ₹ 129 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
2019 | 2.48 |
2020 | 2.62 |
2021 | 2.82 |
2022 | 2.47 |
2023 | 1.66 |
Last 10 Years’ Profit Growth:
10 Years: | — |
5 Years: | — |
3 Years: | — |
Current Year: | 126% |
Last 10 years’ Return on Equity (ROE):
10 Years: | 8% |
5 Years: | 2% |
3 Years: | -5% |
Last Year: | -7% |
Sales Growth Over 10 Years:
10 Years: | 19% |
5 Years: | 6% |
3 Years: | 3% |
Current Year: | 10% |
Conclusion
This article is a complete guide about Dilip Buildcon Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, this information will help you in your further investment.
If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.
If you have any further queries, please comment below. We will be happy to answer all your questions.
If you like this information, share the article with as many people as possible.
Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.