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Dilip Buildcon Ltd. (IN:DBL)
:DBL
India Market
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Dilip Buildcon Ltd. (DBL) AI Stock Analysis

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IN:DBL

Dilip Buildcon Ltd.

(DBL)

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Neutral 58 (OpenAI - 5.2)
Rating:58Neutral
Price Target:
₹437.00
▼(-6.63% Downside)
Action:Reiterated
Date:07/25/26
The score is held back mainly by weak cash generation (negative operating cash flow and deeply negative free cash flow) and still-elevated leverage despite improvement, which outweigh strong recent profitability. Technicals are mixed-to-bearish with the stock below key moving averages and negative MACD. Valuation is a key support due to the low P/E, though dividend yield is minimal.
Positive Factors
Profitability Recovery
The sharp recovery in net and operating margins indicates improved project profitability and execution economics. If sustained, stronger margins can support earnings resilience and help rebuild financial capacity despite slower revenue growth.
Negative Factors
Declining Revenue Trend
Consecutive revenue declines point to weaker project execution, order conversion or project timing. Sustained contraction could reduce operating leverage, weaken market momentum and make the recent margin recovery harder to maintain.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability Recovery
The sharp recovery in net and operating margins indicates improved project profitability and execution economics. If sustained, stronger margins can support earnings resilience and help rebuild financial capacity despite slower revenue growth.
Read all positive factors

Dilip Buildcon Ltd. (DBL) vs. iShares MSCI India ETF (INDA)

Dilip Buildcon Ltd. Business Overview & Revenue Model

Company Description
Dilip Buildcon Limited, an Indian construction conglomerate inclusive of its subsidiaries, focuses on developing diverse infrastructure projects across the nation using an Engineering, Procurement, and Construction (EPC) methodology. Its business ...
How the Company Makes Money
DBL primarily makes money by undertaking infrastructure construction contracts and EPC works awarded by central/state government departments and public-sector authorities, where revenue is recognized as project execution progresses based on contra...

Dilip Buildcon Ltd. Financial Statement Overview

Summary
Income statement strength (Score 72) shows a sharp profitability rebound (net margin ~14.5%, EBIT margin ~16.3%), but the balance sheet remains leveraged (Score 61; debt-to-equity ~1.18x) and cash flow is a major drag (Cash Flow Score 34) with negative operating cash flow in FY2026 and consistently deeply negative free cash flow, raising funding and earnings-quality risk.
Income Statement
72
Positive
Balance Sheet
61
Positive
Cash Flow
34
Negative
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue87.41B89.84B113.17B120.12B103.33B91.94B
Gross Profit19.99B18.25B27.57B20.67B10.95B9.11B
EBITDA26.20B17.66B21.51B16.56B11.82B7.53B
Net Income11.86B13.02B6.41B1.94B9.35M-5.49B
Balance Sheet
Total Assets0.00189.08B197.09B166.47B154.39B163.41B
Cash, Cash Equivalents and Short-Term Investments3.79B3.79B11.58B7.36B4.26B5.83B
Total Debt0.0080.41B95.25B72.46B66.75B88.15B
Total Liabilities-69.62B119.47B144.54B122.72B114.41B127.91B
Stockholders Equity69.62B68.29B50.64B43.70B40.02B35.51B
Cash Flow
Free Cash Flow-34.10B-33.03B-41.34B-44.83B-10.71B-23.60B
Operating Cash Flow-21.54B-656.39M1.31B10.70B28.45B16.24B
Investing Cash Flow12.75B3.35B-7.31B-1.11B257.88M4.45B
Financing Cash Flow4.15B-11.00B10.22B-4.31B-30.28B-22.95B

Dilip Buildcon Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
₹31.40B1.27-24.59%40.36%
65
Neutral
₹84.10B8.410.29%25.06%-7.89%
59
Neutral
₹52.52B25.75-20.64%-12.46%
58
Neutral
₹68.33B5.350.23%-18.82%54.43%
58
Neutral
₹54.85B7.430.25%-6.48%9.00%
56
Neutral
₹88.09B12.531.37%-1.81%-12.78%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:DBL
Dilip Buildcon Ltd.
416.05
-67.86
-14.02%
IN:ASHOKA
Ashoka Buildcon Limited
111.65
-73.45
-39.68%
IN:GRINFRA
G R Infraprojects Ltd.
884.00
-383.40
-30.25%
IN:HCC
Hindustan Construction Co. Ltd.
19.84
-7.46
-27.33%
IN:NCC
NCC Limited
139.15
-78.39
-36.04%
IN:PNCINFRA
PNC Infratech Ltd
211.90
-98.49
-31.73%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 25, 2026