Dilip Buildcon Ltd
Dilip Buildcon Limited, incorporated in 2006, is presently in the business of development of infrastructure facilities on Engineering Procurement and Construction basis (EPC) and undertakes contracts from various Government and other parties and special purpose vehicles promoted by the Company. [1]
- Market Cap ₹ 6,498 Cr.
- Current Price ₹ 444
- High / Low ₹ 504 / 161
- Stock P/E 94.6
- Book Value ₹ 299
- Dividend Yield 0.02 %
- ROCE 10.7 %
- ROE 1.64 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 145 days to 110 days
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.02% over past five years.
- Company has a low return on equity of -6.14% over last 3 years.
- Contingent liabilities of Rs.3,198 Cr.
- Earnings include an other income of Rs.462 Cr.
- Promoter holding has decreased over last 3 years: -4.84%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,919 | 2,384 | 2,762 | 4,206 | 5,227 | 7,891 | 9,403 | 9,701 | 10,166 | 9,564 | 10,630 | 12,012 | |
1,446 | 1,859 | 2,075 | 3,225 | 4,067 | 6,420 | 7,638 | 7,631 | 8,032 | 8,788 | 9,673 | 10,591 | |
Operating Profit | 473 | 524 | 687 | 981 | 1,160 | 1,472 | 1,765 | 2,070 | 2,133 | 776 | 957 | 1,421 |
OPM % | 25% | 22% | 25% | 23% | 22% | 19% | 19% | 21% | 21% | 8% | 9% | 12% |
7 | 18 | 7 | 16 | 12 | 41 | 46 | 105 | 70 | -22 | 447 | 462 | |
Interest | 115 | 201 | 354 | 519 | 555 | 590 | 872 | 1,136 | 1,174 | 1,057 | 901 | 1,012 |
Depreciation | 76 | 100 | 206 | 200 | 245 | 292 | 362 | 470 | 443 | 400 | 398 | 379 |
Profit before tax | 290 | 242 | 133 | 277 | 372 | 631 | 577 | 569 | 586 | -704 | 103 | 492 |
Tax % | 17% | 23% | 34% | 17% | 4% | 10% | 6% | 29% | 29% | 22% | 101% | 59% |
241 | 186 | 88 | 230 | 358 | 578 | 547 | 405 | 437 | -550 | -1 | 201 | |
EPS in Rs | 68.47 | 52.70 | 7.48 | 19.62 | 26.15 | 42.23 | 40.38 | 26.16 | 19.49 | -37.54 | 0.06 | 13.27 |
Dividend Payout % | 0% | 1% | 1% | 0% | 4% | 2% | 2% | 4% | 5% | -0% | 156% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 18% |
5 Years: | 5% |
3 Years: | 6% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | -9% |
5 Years: | -34% |
3 Years: | -35% |
TTM: | 124% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -4% |
3 Years: | -7% |
1 Year: | 166% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | -1% |
3 Years: | -6% |
Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 35 | 35 | 117 | 117 | 137 | 137 | 137 | 137 | 137 | 146 | 146 | 146 |
Reserves | 476 | 660 | 688 | 815 | 1,582 | 2,139 | 2,669 | 3,005 | 3,263 | 3,404 | 3,855 | 4,223 |
Preference Capital | 24 | 24 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
1,364 | 2,044 | 3,512 | 3,630 | 4,230 | 4,949 | 7,406 | 9,060 | 10,508 | 8,783 | 6,658 | 7,240 | |
521 | 829 | 1,276 | 1,714 | 2,071 | 3,351 | 4,227 | 4,531 | 4,460 | 4,007 | 4,780 | 5,037 | |
Total Liabilities | 2,395 | 3,568 | 5,593 | 6,276 | 8,019 | 10,575 | 14,439 | 16,733 | 18,368 | 16,341 | 15,439 | 16,647 |
674 | 1,282 | 2,193 | 1,655 | 1,967 | 2,044 | 3,031 | 2,908 | 2,730 | 1,789 | 1,529 | 1,531 | |
CWIP | 531 | 491 | 415 | 0 | 460 | 1,623 | 2,736 | 2,840 | 3,893 | 3,385 | 2,658 | 2,832 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 68 | 9 | 37 | 0 | 964 | 857 |
1,191 | 1,796 | 2,985 | 4,621 | 5,592 | 6,909 | 8,604 | 10,976 | 11,709 | 11,166 | 10,288 | 11,427 | |
Total Assets | 2,395 | 3,568 | 5,593 | 6,276 | 8,019 | 10,575 | 14,439 | 16,733 | 18,368 | 16,341 | 15,439 | 16,647 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
172 | 177 | 376 | 269 | 614 | 1,299 | 1,169 | 44 | 1,082 | 1,624 | 2,845 | 1,080 | |
-586 | -664 | -1,038 | -171 | -1,007 | -1,518 | -2,512 | -278 | -1,323 | 206 | -202 | -111 | |
373 | 505 | 856 | -248 | 440 | 350 | 1,569 | 502 | 261 | -2,295 | -3,028 | -431 | |
Net Cash Flow | -41 | 18 | 194 | -151 | 47 | 132 | 227 | 268 | 20 | -466 | -385 | 539 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 109 | 153 | 167 | 80 | 66 | 53 | 45 | 44 | 42 | 37 | 48 | 39 |
Inventory Days | 253 | 289 | 512 | 586 | 336 | 341 | 345 | 381 | 378 | 280 | 126 | |
Days Payable | 174 | 258 | 448 | 380 | 252 | 237 | 216 | 260 | 249 | 254 | 105 | |
Cash Conversion Cycle | 188 | 184 | 231 | 286 | 66 | 137 | 149 | 173 | 163 | 165 | 74 | 60 |
Working Capital Days | 136 | 92 | 115 | 113 | 98 | 96 | 106 | 102 | 148 | 191 | 135 | 110 |
ROCE % | 26% | 19% | 14% | 18% | 18% | 18% | 17% | 14% | 13% | 3% | 5% |
Documents
Announcements
- Outcome Of The Arbitration Proceedings 1d
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 15 May
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 May - Monitoring Agency Report for the quarter ended March 31, 2024 - in relation to the Preferential Issue of warrants of the Company
- Issue Of Provisional Completion Certificate For The Project 'Construction Of Gorakhpur Link Expressway (Package II) From Fulwaria (Dist. Ambedkar Nagar) To Salarapur (Dist. Azamgarh) (Km 47+500 To Km 90+535) In The State Of Uttar Pradesh On EPC Basis.' 13 May
- Audio Call Recording Link Of The Analyst/Investors Conference Call 11 May
Annual reports
Concalls
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Jan 2024TranscriptNotesPPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Mar 2023TranscriptPPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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May 2021TranscriptNotesPPT
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Feb 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Dec 2016TranscriptNotesPPT
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Oct 2016TranscriptNotesPPT
Business Segments
The company’s business includes:
(i) construction business, under which DBL undertakes road, irrigation, airport, metro rail viaduct and mining excavation projects on an EPC basis; and
(ii) infrastructure maintenance and operations business, under which DBL undertakes maintenance and operation of BOT road projects. [1]