Dilip Buildcon

Dilip Buildcon was declared the L-1 bidder by REC Power Development and Consultancy Limited for the development and operation of the 400 kV AIS Yavatmal (Babhulgaon) intra-state transmission system in Maharashtra on a build, own, operate and transfer basis under tariff-based competitive bidding, with 35 years of operation after a 24-month construction period. The proposed engineering, procurement and construction work for the company was valued at Rs 1151.47 crore excluding GST, with the company to acquire 100% equity of the project special purpose vehicle as transmission service provider. The project followed an L-1 for the Solapur/Paranda 400 kV GIS switching station with proposed EPC of about Rs 1265 crore and an LOI for the Paradip-Raipur LPG pipeline with proposed EPC of about Rs 1800 crore. The company's order book stood at Rs 27,691 crore as of 30 June 2026, while consolidated revenue was about Rs 8,984 crore in FY26 with EPC contributing about Rs 7,005 crore. Recent orders clustered between Rs 500 crore and Rs 2,500 crore.

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Sept 28 (Reuters) - Dilip Buildcon Limited DIBL.NS:

• DECLARED L-1 BIDDER FOR 4 LANE CORRIDOR PROJECT IN MAHARASHTRA WORTH 6.88 BILLION RUPEES

Further company coverage: DIBL.NS

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Dilip Buildcon executed definitive agreements on 18 September 2026 with Alpha Alternatives for divestment of its stake in ten special purpose vehicles holding its under-construction solar portfolio through DBL Renewable Private Limited. The portfolio carried an estimated project cost of about ₹6,263 crore, with equity of about ₹1,253 crore to be funded 51:49 by DBL Renewable and Alpha during construction, and was valued at an enterprise value of about ₹6,829 crore subject to closing adjustments and regulatory approvals, with Alpha to acquire the remaining 51% on completion. The portfolio comprised about 1,363 MW (AC) of grid-connected solar capacity across 163 locations in Madhya Pradesh under power purchase agreements with Madhya Pradesh Power Management Company Limited, with commercial operations targeted for September 2027. The agreements followed an August announcement covering divestment of transmission and solar assets to the same partner and definitive agreements in early September for the Mekhali transmission project. Dilip Buildcon reported consolidated revenue of about ₹8,984 crore in the year to March 2026 and an order book of ₹27,691 crore at the end of June 2026. Standalone net debt stood at about ₹2,100 crore in June 2026.

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Dilip Buildcon was declared the L-1 bidder by REC Power Development and Consultancy for development and operation of the 400 kV GIS Solapur/Paranda switching station in Maharashtra. The project is to be executed on a build, own, operate and transfer basis under tariff-based competitive bidding, with a 24-month construction period followed by 35 years of operation from commercial operation date. The company said the EPC portion accruing to it was Rs 1,265 crore excluding GST and that it would acquire 100% equity of the project special purpose vehicle as transmission service provider. The company's order book stood at Rs 27,691 crore as of 30 June 2026, against consolidated revenue of Rs 8,984 crore in FY26 led by EPC at about Rs 7,005 crore. It has been developing transmission assets alongside roads and mining, including the 400 kV Belagavi Mekhali Power Transmission project with Karnataka Power Transmission Corporation where definitive agreements with Alpha Alternatives were executed on 8 September 2026.

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Sept 21 (Reuters) - Dilip Buildcon Limited DIBL.NS:

• DILIP BUILDCON - DECLARED L-1 BIDDER FOR 400 KV GIS SOLAPUR/PARANDA SWITCHING STATION PROJECT

• DILIP BUILDCON - ORDER VALUED AT 12.65 BILLION RUPEES

Source text: ID:nBSE7TTZ8w

Further company coverage: DIBL.NS

(([email protected];))

Dilip Buildcon signed definitive agreements with Alpha Alternatives to divest its 51% stake in Mekhali Power Transmission, a Karnataka project with an estimated total cost of ₹2,171 crore. Alpha agreed to fund 49% of the project's equity alongside DBL and acquire DBL's stake after commissioning, in a buyout valued at about ₹2,914 crore in enterprise value, subject to closing adjustments, conditions and regulatory approvals. The project comprised a 400kV/220kV substation and about 470 circuit kilometres of transmission lines under a BOOT arrangement with Karnataka Power Transmission Corporation, with commercial operations targeted for mid-2028. DBL had been shifting from a pure-play EPC contractor towards a multi-asset infrastructure platform, with FY26 consolidated revenue of about ₹8,984 crore and an order book of ₹28,830 crore.

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** Shares of Dilip Buildcon DIBL.NS rises as much as 11.9%; last up 7.3% at 421.5 rupees

** Stock set for highest intraday pct gain since July 24

** Engineering, procurement and construction co wins LOI for LPG pipeline project from Paradip, Odisha to Raipur, Chattisgarh from Petroleum and Natural Gas Regulatory Board (PNGRB)

** Project is worth 18 billion rupees ($188.88 million)

** Project entails the grant of an exclusive license by PNGRB to act as the authorized entity for the development of “pipeline” infrastructure for the transportation of LPG and to levy and collect tariff for the transportation of LPG for a period of 25 years

** More than 2.4 million shares traded vs 30-day avg of 279,186 shares

** YTD, stock down ~8%

($1 = 95.3000 Indian rupees)

(Reporting by Mridula Kumar in Bengaluru)

(([email protected];))

Dilip Buildcon received a letter of intent from the Petroleum and Natural Gas Regulatory Board to develop an LPG pipeline from Paradip in Odisha to Raipur in Chhattisgarh. The project was to be implemented through a wholly owned special-purpose vehicle, with DBL set to execute EPC work worth about ₹1,800 crore excluding GST over three years and operate the pipeline for 25 years. The pipeline was intended to carry LPG to oil-marketing companies’ bottling plants and operate as a common carrier, reducing road-based tanker transport. DBL reported consolidated FY26 revenue of ₹8,984 crore and an order book of ₹27,691 crore at June 30, 2026, with EPC contributing about ₹7,005 crore of revenue.

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Sept 9 (Reuters) - Dilip Buildcon Limited DIBL.NS:

• GOT ORDER WORTH 18 BILLION RUPEES

• WINS LOI FOR LPG PIPELINE PROJECT PARADIP-RAIPUR FROM PNGRB

Further company coverage: DIBL.NS

(([email protected];))

** Shares of Dilip Buildcon DIBL.NS fall 4% to 425.25 rupees, on track for biggest intraday pct drop since May 15

** Engineering, procurement and construction co on Monday reported first-quarter profit down 51% y/y; rev from ops down 9.3% y/y

** DIBL on avg rated "buy" by 4 analysts; median PT is 549 rupees - LSEG-compiled data

** Stock down 10.8% YTD

(Reporting by Abhirami G in Bengaluru)

(([email protected]))

Aug 10 (Reuters) - Dilip Buildcon Limited DIBL.NS:

• JUNE-QUARTER CONSOL NET PROFIT 1.13 BILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 23.78 BILLION RUPEES

• APPROVED ISSUANCE OF NCDS AND COMMERCIAL PAPERS WORTH 10 BLN RUPEES EACH

• TO SELL STAKE IN UNDER-CONSTRUCTION TRANSMISSION, SOLAR PROJECTS WITH PROJECT COST OF 84 BLN RUPEES

Further company coverage: DIBL.NS

(([email protected];;))

Dilip Buildcon was declared the L-1 bidder for a ₹2,524.32 crore canal construction and maintenance project from the Water Resources Department of the Chhattisgarh government. The lump-sum contract, which includes a five-year operations and maintenance period, has a construction timeline of 30 months. The company’s order book stood at a record ₹28,830 crore at the close of the March 2026 financial year, with water resources and irrigation forming a significant portion. The L-1 status is a preliminary step that precedes the formal award of the contract.

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July 28 (Reuters) - Dilip Buildcon Ltd DIBL.NS:

• DILIP BUILDCON - DECLARED L-1 BIDDER FOR 25.24 BILLION RUPEES PROJECT

Source text: ID:nBSE4GlM5q

Further company coverage: DIBL.NS

(([email protected];;))

** Shares of India's Dilip Buildcon DIBL.NS fall 1.6% to 422.30 rupees, lowest since June 11

** Stock falls for third straight session

** Infrastructure development and construction company says landslide occurred at the under-construction Anakkampoyil–Kalladi–Meppadi tunnel project connecting Kerala's Kozhikode and Wayanad districts

** Co did not provide any other details

** Stock down 11.6% YTD

(Reporting by Payel Das in Bengaluru)

(([email protected]))

July 7 (Reuters) - Dilip Buildcon Ltd DIBL.NS:

• REPORTS LANDSLIDE AT ANAKKAMPOYIL–KALLADI–MEPPADI TUNNEL PROJECT SITE

Source text: ID:nBSEbXnCyL

Further company coverage: DIBL.NS

(([email protected];))

May 22 (Reuters) - Dilip Buildcon Ltd DIBL.NS:

• DILIP BUILDCON LTD - RECEIVES LOA FOR GED BARRAGE EPC PROJECT WORTH 2.68 BILLION RUPEES

Source text: ID:nBSE1n9wgS

Further company coverage: DIBL.NS

(([email protected];))

** Shares of India's Dilip Buildcon DIBL.NS fall as much as ~5.4% to 447 rupees; last down 3%

** Construction firm's quarterly profit falls ~63.7% y/y to 620.5 million rupees ($6.47 million), hurt by elevated input costs, lower asset utilization

** Revenue from operations declines 25.7% y/y

** Profit margin contracts to 5.39% from 8.95% a year earlier

** DIBL rated "hold" on average by four analysts, median PT: 529.50 rupees - LSEG data

** YTD, stock down ~4.1%

($1 = 95.9238 Indian rupees)

(Reporting by Bipasha Dey in Bengaluru)

(([email protected];))

May 14 (Reuters) - Dilip Buildcon Ltd DIBL.NS:

• DILIP BUILDCON LTD - RECOMMENDS DIVIDEND OF 1 RUPEE PER SHARE FOR FY2025-26

• DILIP BUILDCON LTD MARCH-QUARTER CONSOL NET PROFIT 620.5 MILLION RUPEES

• DILIP BUILDCON LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 23 BILLION RUPEES

Source text: ID:nBSEb7bZQh

Further company coverage: DIBL.NS

(([email protected];;))

April 9 (Reuters) - Dilip Buildcon Ltd DIBL.NS:

• DILIP BUILDCON LTD - DECLARED L-1 BIDDER FOR GED BARRAGE EPC PROJECT WORTH 2.68 BILLION RUPEES

Source text: ID:nNSE97w6b

Further company coverage: DIBL.NS

(([email protected];))

** Shares of Dilip Buildcon Ltd DIBL.NS rise as much as 3% to 472.4 rupees

** Co gets Letter of Intent from REC Power Development and Consultancy for establishing 400kV sub-station at Mekhali for 18.5 bln rupees ($201.3 mln)

** More than 605,000 shares traded as of 12:46 p.m. IST, nearly 2x their 30-day moving avg

** DIBL last up 1%, cutting YTD losses to 3.8%

($1 = 91.9150 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

** Dilip Buildcon DIBL.NS gains as much as 6.1% to 461.65 rupees; last up 3.5%

** Co declared as L-1 bidder for tender floated by Government of Gujarat

** Project cost estimated at 7.02 billion rupees ($77.4 million)

** YTD, DIBL down 5.5%

($1 = 90.6625 Indian rupees)

(Reporting by Brijesh Patel in Bengaluru)

(([email protected]; Ph no. +91 9590227221;))

Feb 17 (Reuters) - Dilip Buildcon Ltd DIBL.NS:

• DILIP BUILDCON LTD - DECLARED AS L-1 BIDDER FOR PROJECT WORTH 7.02 BILLION RUPEES

Source text: ID:nnAZN4SH4H3

Further company coverage: DIBL.NS

(([email protected];))

Feb 13 (Reuters) - Dilip Buildcon Ltd DIBL.NS:

• GETS EPC WORKS VALUED AT 1.24 BILLION RUPEES

Source text: ID:nBSE91dg16

Further company coverage: DIBL.NS

(([email protected];))

Feb 10 (Reuters) - Dilip Buildcon Ltd DIBL.NS:

• DILIP BUILDCON LTD - DEC-QUARTER CONSOL NET PROFIT 8.3 BILLION RUPEES

• DILIP BUILDCON LTD - DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 21.38 BILLION RUPEES

Source text: ID:nBSE6hnhTQ

Further company coverage: DIBL.NS

(([email protected];))

** Dilip Buildcon DIBL.NS rises as much as 4.5% to 538 rupees; eyes a fourth straight session of gains

** Stock last up 1.9%

** Construction co's JV wins contract to develop a 100 MW solar PV power project to supply power to Madhya Pradesh state-owned utility body

** The power off-taker will invest 312 mln rupees ($3.5 mln) for a 26% equity stake in the JV, DIBL says

** YTD, DIBL up 14%

($1 = 88.7600 Indian rupees)

(Reporting by Yagnoseni Das in Bengaluru)

(([email protected];))

Sept 25 (Reuters) - Dilip Buildcon Ltd DIBL.NS:

• DILIP BUILDCON LTD - DBL-RAMKY CONSORTIUM RECEIVES LOA FOR PROJECTS

• DILIP BUILDCON LTD - LOA FOR PROJECTS WORTH 29.05 BILLION RUPEES AND 11.15 BILLION RUPEES

Source text: ID:nBSE8cC68t

Further company coverage: DIBL.NS

(([email protected];;))

** Dilip Buildcon DIBL.NS rises 2.7% to 492 rupees

** Construction co's JV wins project to build metro corridor in Gurugram for up to 15.04 bln rupees (~$172 mln)

** Consortium secures 29.52 bln-rupee water pipeline project in Rajasthan

** Around 339,000 shares traded, more than 2x the 30-day avg

** YTD, DIBL gains 7.7%

($1 = 87.4500 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

** Shares of Dilip Buildcon DIBL.NS rise 3% to 472 rupees

** Stock marks biggest intraday pct gain since June 9

** Construction co declared L-1 bidder for 15.03 bln-rupee ($172.02 mln) metro project by Gurugram Metro Rail

** More than 221,450 shares change hands, 1.2x of 30-day avg

** DIBL rated "hold" by five analysts on average; median target price is 463 rupees – data compiled by LSEG

** Stock up 4.86% YTD

($1 = 87.3730 Indian rupees)

(Reporting by Rudra Pratap Singh in Bengaluru)

(([email protected]))

** Shares of infra firm Dilip Buildcon DIBL.NS rises 3.5% to 490.50 rupees

** Co's Q1 consol net profit nearly doubled y/y, net profit margins expands to 9.57% from 4.43% y/y

** Trading volume at 630,000 shares vs 30-day avg of nearly 175,000 shares

** Stock rated "hold" on avg; median TP 443 rupees - LSEG data

** YTD, stock up 9%

($1 = 87.2225 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

July 22 (Reuters) - Dilip Buildcon Ltd DIBL.NS:

• TO CONSIDER ISSUANCE OF NON-CONVERTIBLE DEBENTURES

• TO CONSIDER ISSUANCE OF COMMERCIAL PAPER

Source text: ID:nBSE2qdd1k

Further company coverage: DIBL.NS

(([email protected];;))