Dilip Buildcon Ltd (NSE: DBL): Civil construction company Dilip Buildcon has informed us that the bid made by it for an irrigation project in Madhya Pradesh through a joint venture has proved to be the lowest. A dam and irrigation network are to be prepared in this project.
The company announced this information to the markets following the end of trading for the day. The stock of the company closed with an increase of over one percent on Thursday’s trading. The effect of the news will be felt on Friday.
What Information Is It?
In the information sent to the stock market, Dilip Buildcon said that the company’s joint venture Vijay Kumar Mishra Construction and Dilip Buildcon Limited JV (VKMCPL-DBL (JV)) was declared as L-1 bidder for Machhareva Irrigation Project Dam and Pressurized Pipe Irrigation Network. So JV’s bid was the cheapest.
According to the company, bids for the project were invited by the Water Resources Department of the Madhya Pradesh Government. The company informed us that the cost of this entire project is Rs 412.92 crore. The period to complete the project has been kept at 60 months.
How Was The Stock’s Performance?
In Thursday’s trading, Dilip Buildcon’s stock closed at Rs 450.85 with a decline of more than one percent. The stock has earned gains of over 100 percent over the past year.
The company’s profits during the quarter ended December was 95.29 crore. This was an improvement of 20%% over the previous year.
At the same time, EBITDA has increased by 24 percent on a year-on-year basis to Rs 344 crore. Net sales increased by 8 percent to Rs 2571 crore.
About Dilip Buildcon Ltd Company
Dilip Buildcon Limited, is 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 | ₹ 6,572 Cr. |
| Current Price | ₹ 451 |
| 52-wk High | ₹ 467 |
| 52-wk Low | ₹ 160 |
| Stock P/E | 111 |
| Book Value | ₹ 283 |
| Dividend | 0.02 % |
| ROCE | 5.34 % |
| ROE | -7.47 % |
| Face Value | ₹ 10.0 |
| P/B Value | 1.59 |
| OPM | 11.0 % |
| EPS | ₹ 7.90 |
| Debt | ₹ 6,763 Cr. |
| Debt to Equity | 1.64 |
Dilip Buildcon Ltd Share Price Target 2024 To 2030
| 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 |
Dilip Buildcon Ltd Shareholding Pattern
| Promoters Holding | |
| Sep 2022 | 70.15% |
| Dec 2022 | 70.15% |
| Mar 2023 | 70.15% |
| June 2023 | 70.15% |
| Sept 2023 | 70.15% |
| FII Holding | |
| Sep 2022 | 6.31% |
| Dec 2022 | 5.56% |
| Mar 2023 | 4.70% |
| June 2023 | 2.56% |
| Sept 2023 | 2.69% |
| DII Holding | |
| Sep 2022 | 9.12% |
| Dec 2022 | 9.10% |
| Mar 2023 | 9.03% |
| June 2023 | 9.03% |
| Sept 2023 | 9.06% |
| Public Holding | |
| Sep 2022 | 14.42% |
| Dec 2022 | 15.18% |
| Mar 2023 | 16.12% |
| June 2023 | 18.26% |
| Sept 2023 | 18.09% |
Dilip Buildcon Ltd Share: Last 5 Years’ Financial Condition
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. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses.
Also, We have discussed the share’s prospects and growth potential in detail.
This information will help you in your further investment.
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