| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 2.3K | 7.6% | 25.7% |
| Total Income | 2.4K | 2.3% | 25.0% |
| Expenditure | 2.2K | 1.4% | 21.9% |
| PBT | 153.09 | 78.5% | 56.3% |
| Net Profit | 123.83 | 84.3% | 55.2% |
| OPM | 17.21% | 28.03pp | 5.30pp |
| NPM | 5.25% | 28.94pp | 3.54pp |
| EPS | 7.62 | 84.3% | 59.7% |
Dilip Buildcon FY26 Revenue at ₹7,005 Cr, PAT at ₹842 Cr
14 May 2026 · 14 May, 5:42 pm
Summary
Dilip Buildcon Limited reported strong financial performance for FY26, with consolidated revenue from operations reaching ₹8,984 crore and Profit After Tax (PAT) at ₹1,398 crore. For Q4FY26, consolidated revenue stood at ₹2,300 crore, contributing to a full-year consolidated EBITDA of ₹1,766 crore with a margin of 19.66%. The company's order book achieved an all-time high of ₹28,830 crore as of March 31st, 2026, demonstrating robust future revenue visibility. Management emphasized the ongoing strategic transition through DBL 2.0, aiming to diversify into a multi-asset infrastructure platform and strengthen long-term sustainability by building a portfolio with substantial profitability driven by contracted assets. The company is also focused on strengthening its balance sheet and aims to be nearly net debt-free over the medium term.
Key Highlights
- 1
Dilip Buildcon Limited reported consolidated revenue from operations of ₹8,984 crore for the financial year ended March 31st, 2026.
- 2
Consolidated Profit After Tax (PAT) for FY26 stood at ₹1,398 crore, reflecting the company's overall profitability.
- 3
For Q4FY26, consolidated revenue from operations was ₹2,300 crore, alongside a consolidated PAT of ₹124 crore.
- 4
The company achieved a consolidated EBITDA of ₹1,766 crore for FY26, resulting in a healthy EBITDA margin of 19.66%.
- 5
Dilip Buildcon's order book reached an all-time high of ₹28,830 crore as of March 31st, 2026, signaling strong future revenue visibility.
- 6
The strategic 'DBL 2.0' initiative marks an accelerated transition towards a diversified multi-asset infrastructure platform.
- 7
Consolidated net debt for the company was reported at ₹7,244 crore as of March 31st, 2026.
Management Comments
Mr. Dilip Suryavanshi
For over three decades, we have been building infrastructure across India and have navigated multiple industry cycles, including geopolitical disruptions, commodity volatility, election-year slowdowns and global macroeconomic uncertainties. Q4 FY26 reflected some of the external challenges. However, these developments also reinforce the importance of the strategic transition we had already initiated through DBL 2.0, which was conceptualized well before the current phase of geopolitical concerns. Over time, the Company aims to build a portfolio where a substantial share of profitability is driven by contracted assets with 25– 50 year lifespans, strengthening the long-term sustainability of the business.
Mr. Devendra Jain
Q4 FY26 performance remained in line with our expectations amid slower industry-wide order awarding activity. Margins during the quarter were impacted by elevated input costs and lower asset utilization. However, we believe these pressures are temporary in nature. During FY26, the Company continued to strengthen its order book and further diversify across mining and infrastructure asset businesses.
Mr. Rohan Suryavanshi
Our debt profile remains largely asset-backed and project-linked in nature, supported by long-term infrastructure assets and cash-generating businesses. Over the medium term, the Company remains focused on strengthening its balance sheet through operating cash flows from EPC business, mining operations, InvIT distributions and disciplined capital allocation. DBL 2.0 is aimed at gradually creating a more balanced infrastructure model where long- duration contracted assets complement the EPC business and contribute meaningfully to long-term profitability, cash-flow visibility and return ratios.
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