Dilip Buildcon Ltd

📈 Dilip Buildcon Q1 FY27: Robust Order Book & Clear Growth Path

• Order book as of June 30, 2026: ₹27,691 crores, diversified across 12 verticals.

• Mining Development Operator (MDO) order book: ₹5,224 crores, with an additional contract value of ~₹1.03 lakh crores at current pricing.

• Q1 FY27 order inflow: ~₹268 crores. Full-year order guidance maintained at ₹10,000-12,000 crores for FY27.

• Declared L1 bidder for Sikasar to Kodar Reservoir Link Canal Pipeline project (Chhattisgarh), valued at ~₹2,524 crores.

• Completed three HAM projects worth ₹1,700 crores ahead of schedule.

• Q1 FY27 coal production: 4.79 million tonnes. Target coal production by FY29: ~57 million tonnes.

• Group holds InvIT units with a face value of ~₹1,521 crores.

• On track to transfer next tranche of 11 HAM assets to InvIT by March 2027, generating units valued at ~₹1,750 crores.

• Board approved stake sale in under-construction power & solar projects (combined cost ~₹8,400 crores) to Alpha Alternatives.

• Standalone net debt (June 30, 2026): ₹2,106 crores. Consolidated net debt: ₹7,801 crores.

• Standalone Q1 FY27: Revenue ₹1,930 cr, EBITDA ₹199 cr (10.32% margin), PAT ₹39 cr.

• Consolidated Q1 FY27: Revenue ₹2,378 cr, EBITDA (ex-other income) ₹429 cr (18.05% margin), PAT ₹128 cr.

• FY27 Guidance Reaffirmed: Revenue growth 30%-40%, EBITDA margin 10%-12%, standalone net debt reduction of ₹600-800 crores.

• Goal to reach net debt positive on a standalone balance sheet by FY28 remains on track.