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{{Infobox company
{{Infobox company
| name = Dilip Buildcon Limited
| name = Dilip Buildcon Limited
| logo = File:Dilip Buildcon Limited Logo.png
| logo = Dilip Buildcon Limited Logo.png
| logo_size =
| logo_size =
| logo_caption =
| logo_caption =
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| collapsible =
| collapsible =
| former_name =
| former_name =
| revenue = {{up}} {{INRConvert|10119|c}} (FY23)<ref name="fy23"/>
| revenue = {{profit}} {{INRConvert|9208.92|c}}<ref>{{cite web |title=Stock share price of Dilip Buildcon |url=https://www.bseindia.com/stock-share-price/dilip-buildcon-ltd/dbl/540047/financials-results/ |work=BSE India}}</ref>
| operating_income = {{up}} {{INRConvert|988|c}} (FY23)<ref name="fy23"/>
| revenue_year = 2021
| net_income = {{up}} {{INRConvert|221|c}} (FY23)<ref name="fy23">{{cite news |title=Dilip Buildcon Limited |url=https://www.careratings.com/upload/CompanyFiles/PR/202307130705_Dilip_Buildcon_Limited.pdf |access-date=2 August 2023 |work=CARE Ratings}}</ref>
| net_income = {{INRConvert|319.29|c}}
| net_income_year = 2021
| footnotes =
| footnotes =
| type = [[Public company|Public]]
| type = [[Public company|Public]]
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| predecessor =
| predecessor =
| successor =
| successor =
| founder = Dilip Suryavanshi
| founder = [[Dilip Suryavanshi]]
| industry = Infrastructure, EPC ([[Engineering, Procurement and Construction]])
| industry = Infrastructure, EPC ([[Engineering, Procurement and Construction]])
| services = [[Mining]] and [[Construction]]
| services = [[Mining]] and [[Construction]]
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| trading_name =
| trading_name =
| logo_padding =
| logo_padding =
| image =
| image =
| image_size = 270
| image_size = 270
| image_alt =
| image_alt =
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| traded_as = {{NSE|DBL}}<br> {{BSE|540047}}
| traded_as = {{NSE|DBL}}<br> {{BSE|540047}}
| ISIN = {{ISIN|sl=n|pl=y|INE917M01012}}
| ISIN = {{ISIN|sl=n|pl=y|INE917M01012}}
| location = Janki Nagar, [[Bhopal]], [[Madhya Pradesh]], [[India]]
| location = Janki Nagar, [[Bhopal]], [[Madhya Pradesh]], India
| num_locations =
| num_locations =
| num_locations_year =
| num_locations_year =
| area_served =
| area_served =
| production_year =
| production_year =
⚫
| key_people = [[Dilip Suryavanshi]]<br>{{small|(Chairman & MD)}} <br> Devendra Jain <br> {{small|(CEO)}} <br> Sanjay Kumar Bansal <br> {{small|(CFO)}} <br> Abhishek Shrivastava <br> {{small|(Company Secretary)}}<ref>{{cite web |title=Company Profile & Executives - Dilip Buildcon Ltd. |work=Wall Street Journal |url=https://www.wsj.com/market-data/quotes/IN/XNSE/DBL/company-people/executive-profile/134061914 }}</ref><ref>{{cite web |last1=R |first1=Maria |title=Dilip Buildcon Captures Top Slot to Become Numero Uno |url=https://www.nbmcw.com/interviews/dilip-buildcon-captures-top-slot-to-become-numero-uno.html |website=www.nbmcw.com |language=en-gb}}</ref>
| operating_income =
| income_year =
⚫
| key_people = Dilip Suryavanshi <br> {{small|(Chairman & MD)}} <br> Devendra Jain <br> {{small|(CEO)}} <br> Radhe Shyam Garg <br> {{small|(CFO)}} <br> Abhishek Shrivastava <br> {{small|(Company Secretary)}}<ref>{{cite web |title=Company Profile & Executives - Dilip Buildcon Ltd. |work=Wall Street Journal |url=https://www.wsj.com/market-data/quotes/IN/XNSE/DBL/company-people/executive-profile/134061914 }}</ref><ref>{{cite web |last1=R |first1=Maria |title=Dilip Buildcon Captures Top Slot to Become Numero Uno |url=https://www.nbmcw.com/interviews/dilip-buildcon-captures-top-slot-to-become-numero-uno.html |website=www.nbmcw.com |language=en-gb}}</ref>
| assets_year =
| assets_year =
| equity_year =
| equity_year =
| members =
| members =
| members_year =
| members_year =
| num_employees = 34,262 (March 2021)
| num_employees = 26,743 (March 2023)
| subsid =
| subsid =
| module =
| module =
| website = {{url|https://www.dilipbuildcon.com}}
| website = {{URL|https://www.dilipbuildcon.com}}
}}
}}


'''Dilip Buildcon Limited (DBL)''' is a construction and infrastructure development company based at [[Bhopal]], [[Madhya Pradesh]] in [[India]]. It was founded by Mr. Dilip Suryavanshi in 1987 and got incorporated in the [[Ministry of Corporate Affairs]] on 12 June 2006.<ref>{{cite web |url=https://www.zaubacorp.com/company/DILIP-BUILDCON-LIMITED/L45201MP2006PLC018689 |title=Company profile of Dilip Buildcon Limited |work=ZaubaCorp |access-date=25 September 2021 }}</ref> The company is listed on both the [[Bombay Stock Exchange]] (BSE)<ref>{{cite web |title=Stock Share Price {{!}} Get Quote {{!}} BSE |url=https://www.bseindia.com/stock-share-price/dilip-buildcon/dilip-buildcon/540047/ |website=Bseindia.com}}</ref> and on the [[National Stock Exchange of India|National Stock Exchange]] (NSE) since August 2016.<ref>{{cite web |title=Dilip Buildcon Limited |url=https://www1.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=DBL |publisher=NSE India}}</ref><ref>{{cite web |title=Check out 's stock price (DBL-IN) in real time |url=https://www.cnbc.com/quotes/DBL-IN |website=CNBC |language=en}}</ref><ref>{{cite web |title=Dilip Buildcon has bright years ahead: Why it is stock pick of the week |url=https://economictimes.indiatimes.com/wealth/invest/dilip-buildcon-has-bright-years-ahead-why-it-is-stock-pick-of-the-week/articleshow/83661216.cms |website=The Economic Times}}</ref><ref>{{cite web |last1=Raj |first1=Shubham |title=Market Movers: What led to rally in Dilip Buildcon; PSU banks, RIL give sell signals |url=https://economictimes.indiatimes.com/markets/stocks/news/market-movers-what-led-to-rally-in-dilip-buildcon-psu-banks-ril-give-sell-signals/articleshow/81331350.cms |website=The Economic Times}}</ref>
'''Dilip Buildcon Limited (DBL)''' is an Indian construction and infrastructure development company based in [[Bhopal]]. It was founded by Dilip Suryavanshi in 1987 and was incorporated in the [[Ministry of Corporate Affairs]] on 12 June 2006.<ref>{{cite web |url=https://www.zaubacorp.com/company/DILIP-BUILDCON-LIMITED/L45201MP2006PLC018689 |title=Company profile of Dilip Buildcon Limited |work=ZaubaCorp |access-date=25 September 2021 }}</ref> The company is listed on both the [[Bombay Stock Exchange]] (BSE)<ref>{{cite web |title=Stock Share Price {{!}} Get Quote {{!}} BSE |url=https://www.bseindia.com/stock-share-price/dilip-buildcon/dilip-buildcon/540047/ |website=Bseindia.com}}</ref> and the [[National Stock Exchange of India|National Stock Exchange]] (NSE) since August 2016.<ref>{{cite web |title=Dilip Buildcon Limited |url=https://www1.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=DBL |publisher=NSE India}}</ref><ref>{{cite web |title=Check out 's stock price (DBL-IN) in real time |url=https://www.cnbc.com/quotes/DBL-IN |website=CNBC |date=29 January 2012 |language=en}}</ref><ref>{{cite web |title=Dilip Buildcon has bright years ahead: Why it is stock pick of the week |url=https://economictimes.indiatimes.com/wealth/invest/dilip-buildcon-has-bright-years-ahead-why-it-is-stock-pick-of-the-week/articleshow/83661216.cms |website=The Economic Times}}</ref><ref>{{cite news |last1=Raj |first1=Shubham |title=Market Movers: What led to rally in Dilip Buildcon; PSU banks, RIL give sell signals |url=https://economictimes.indiatimes.com/markets/stocks/news/market-movers-what-led-to-rally-in-dilip-buildcon-psu-banks-ril-give-sell-signals/articleshow/81331350.cms |website=The Economic Times|date=4 March 2021 }}</ref>


== History ==
== History ==
Dilip Buildcon Limited (DBL) was founded in 1987 in Bhopal by Mr. Dilip Suryavanshi. DBL is the successor of Dilip Builders that was founded as a proprietorship concern in 1988-89. DBL is a Class A-V Firm, registered with Public Works Department Bhopal and also with the Water Resource Department Madhya Pradesh.<ref>{{cite web |title=Dilip Buildcon Ltd Stock Price - (601.45), Dilip Buildcon Ltd Share Price Live Today, Dilip Buildcon LtdStock Live BSE/NSE Share Price |url=https://www.financialexpress.com/market/stock-market/dilip-buildcon-ltd-stock-price/ |website=www.financialexpress.com}}</ref> The Company was incorporated as Dilip Buildcon Private Limited on 12 June 2006 as a private limited company under the Companies Act 1956 with the Registrar of Companies Gwalior. Subsequently the business of M/s Dilip Builders, a sole proprietorship concern has been taken over by the Company in 2007. The Company registered as a [[Public limited company]] in August 2010. In the initial years of its operation, the company focused on commercial & residential buildings creating many marquee projects in Madhya Pradesh.<ref>{{cite web |title=Dilip Buildcon Share Price, Dilip Buildcon Stock Price, Dilip Buildcon Ltd. Stock Price, Share Price, Live BSE/NSE, Dilip Buildcon Ltd. Bids Offers. Buy/Sell Dilip Buildcon Ltd. news & tips, & F&O Quotes, NSE/BSE Forecast News and Live Quotes |url=https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-civil/dilipbuildcon/DB04 |website=www.moneycontrol.com |language=en}}</ref><ref>{{cite web |title=Latest Dilip buildcon ltd information at www.indiainfoline.com |url=https://www.indiainfoline.com/company/dilip-buildcon-ltd/summary/36662 |website=www.indiainfoline.comcompany |language=en}}</ref>
Dilip Buildcon Limited (DBL) was founded in 1987 in Bhopal by [[Dilip Suryavanshi]] as a proprietorship concern called Dilip Builders. The company was incorporated as Dilip Buildcon Private Limited on 12 June 2006 as a [[private limited company]] under the Companies Act 1956 with the Registrar of Companies Gwalior. Subsequently, the company took over the business of Dilip Builders, a [[sole proprietorship]] concern, in 2007. The company registered as a [[public limited company]] in August 2010. In the initial years of its operation, the company focused on commercial and residential building projects in Madhya Pradesh.<ref>{{cite web |title=Dilip Buildcon Share Price, Dilip Buildcon Stock Price, Dilip Buildcon Ltd. Stock Price, Share Price, Live BSE/NSE, Dilip Buildcon Ltd. Bids Offers. Buy/Sell Dilip Buildcon Ltd. news & tips, & F&O Quotes, NSE/BSE Forecast News and Live Quotes |url=https://www.moneycontrol.com/india/stockpricequote/constructioncontracting-civil/dilipbuildcon/DB04 |website=www.moneycontrol.com |language=en}}</ref><ref>{{cite web |title=Latest Dilip buildcon ltd information at www.indiainfoline.com |url=https://www.indiainfoline.com/company/dilip-buildcon-ltd/summary/36662 |website=www.indiainfoline.comcompany |language=en}}</ref>


⚫
As business grew in the early 1990s, the company forayed into other types of construction. The first move was into water sanitation and sewage.<ref>{{cite news |title=CIL arm awards Rs 1,470 crore project to Dilip Buildcon JV |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/cil-arm-awards-rs-1470-crore-project-to-dilip-buildcon-jv/articleshow/55493499.cms |website=The Economic Times|date=18 November 2016 }}</ref><ref>{{cite web |last1=Shah |first1=Reeta |title=Dilip Buildcon lowest bidder for Indore Metro project |url=https://www.metrorailnews.in/dilip-buildcon-lowest-bidder-for-indore-metro-project/ |website=Metro Rail News |date=21 September 2018}}</ref>
⚫
In August 2016, the company was listed in [[Bombay Stock Exchange]] (BSE) and [[National Stock Exchange of India|National Stock Exchange]] (NSE) and is regularly traded on both.<ref>{{cite web |title=Dilip Buildcon (BSE:540047) - Share price, News & Analysis |url=https://simplywall.st/stocks/in/capital-goods/bse-540047/dilip-buildcon-shares#summary |website=Simply Wall St |language=en}}</ref>


⚫
The company also did structural designing and construction in the field of the oil and gas industry. At the end of the 1990s, when the new central government put forward a vision of connecting the country with roads, DBL ventured into road construction starting with a small road project.<ref>{{cite web |title=Dilip Buildcon Ltd. |url=https://www.business-standard.com/company/dilip-buildcon-36662/information/company-history |website=Business Standard India}}</ref><ref>{{cite news |last1=Naidu |first1=Rajesh |title=Why construction companies look better placed during the second wave |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/why-construction-companies-look-better-placed-during-the-second-wave/articleshow/82291113.cms |website=The Economic Times|date=28 April 2021 }}</ref><ref name="economictimes.indiatimes.com">{{cite news |title=Modi's infra push likely to double this highway builder's revenue in 4-5 years |url=https://economictimes.indiatimes.com/markets/stocks/news/modis-infra-push-likely-to-double-this-highway-builders-revenue-in-4-5-years/articleshow/81293462.cms |website=The Economic Times|date=2 March 2021 }}</ref>
On 7 September 2015, [[Savitri Bai Phule]] filed a complaint against [[Dilip Buildcon|Dilip Buildcon Limited]] company over caste remarks and threatening her with dire consequences.<ref>{{Cite web|url=https://timesofindia.indiatimes.com/city/ranchi/Man-killed-cut-into-10-pieces/articleshow/48851559.cms|title=Man killed, cut into 10 pieces |date=7 September 2015|first=Alok K. N. |last=Mishra |website=The Times of India|language=en|access-date=10 February 2020}}</ref><ref>{{cite web |title=BJP MP files FIR against company official for casteist remarks |url=https://www.indiatoday.in/pti-feed/story/bjp-mp-files-fir-against-company-official-for-casteist-remarks-460677-2015-09-07 |website=India Today |language=en}}</ref>


⚫
From 2012, the company started pursuing bigger road projects across the country.<ref>{{cite web |title=Analyst Corner: Maintain 'buy' on Dilip Buildcon with TP of Rs 810 |url=https://www.financialexpress.com/market/analyst-corner-maintain-buy-on-dilip-buildcon-with-tp-of-rs-810/2200725/ |website=The Financial Express |date=24 February 2021}}</ref> In the meantime, the government came up with the [[Public–private partnership|PPP model]] for roads inviting attention from other industries into the sector.<ref>{{cite news |last1=Naidu |first1=Rajesh |title=3 construction stocks that may be on the road to re-rating |url=https://economictimes.indiatimes.com/markets/stocks/news/is-there-more-steam-left-in-construction-stocks/articleshow/81136420.cms |website=The Economic Times|date=22 February 2021 }}</ref><ref>{{cite web |title=Analysts bullish on PNC Infra, KNR, Dilip Buildcon |url=https://economictimes.indiatimes.com/markets/stocks/news/3-construction-cos-that-may-record-up-to-35-revenue-growth-in-two-years/articleshow/81970262.cms |website=The Economic Times}}</ref> DBL invested in procuring the road building equipment from around the world.<ref>{{cite web |title=Dilip Buildcon Surges On Emerging Lowest Bidder For Two Highway Projects |url=https://www.ndtv.com/business/dilip-buildcon-share-price-news-dilip-buildcon-surges-on-emerging-lowest-bidder-for-two-highway-projects-2379074 |website=NDTV.com|date=26 February 2021 }}</ref>
===Growth===
⚫
As business grew in the early 90's the company forayed into other types of construction as well. The first move was into water sanitation & sewage.<ref>{{cite web |title=CIL arm awards Rs 1,470 crore project to Dilip Buildcon JV |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/cil-arm-awards-rs-1470-crore-project-to-dilip-buildcon-jv/articleshow/55493499.cms |website=The Economic Times}}</ref><ref>{{cite web |last1=Shah |first1=Reeta |title=Dilip Buildcon lowest bidder for Indore Metro project |url=https://www.metrorailnews.in/dilip-buildcon-lowest-bidder-for-indore-metro-project/ |website=Metro Rail News |date=21 September 2018}}</ref>


⚫
In August 2016, Dilip Buildcon became a [[publicly-listed company]] through an [[initial public offering]] (IPO),<ref>{{cite web |title=GR Infraprojects IPO opens July 7, issue entirely an OFS; here's all you need to know |url=https://www.financialexpress.com/market/ipo-news/gr-infraprojects-ipo-opens-july-7-issue-entirely-an-ofs-heres-all-you-need-to-know/2280340/ |website=The Financial Express |date=29 June 2021}}</ref><ref name="economictimes.indiatimes.com"/> and got listed on [[Bombay Stock Exchange]] (BSE) and [[National Stock Exchange of India|National Stock Exchange]] (NSE).<ref>{{cite web |title=Dilip Buildcon (BSE:540047) - Share price, News & Analysis |url=https://simplywall.st/stocks/in/capital-goods/bse-540047/dilip-buildcon-shares#summary |website=Simply Wall St |language=en}}</ref>
⚫
After that the company also did structural designing & construction in the field of oil & gas industry. At the end of the 1990s when the new central government put forward a vision of connecting the country with roads, DBL saw it as a huge opportunity & dived headfirst into it. After facing stiff resistance on multiple fronts by the established players & stakeholders DBL finally got a start in the sector with a small road project.<ref>{{cite web |title=Dilip Buildcon Ltd. |url=https://www.business-standard.com/company/dilip-buildcon-36662/information/company-history |website=Business Standard India}}</ref><ref>{{cite web |last1=Naidu |first1=Rajesh |title=Why construction companies look better placed during the second wave |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/why-construction-companies-look-better-placed-during-the-second-wave/articleshow/82291113.cms |website=The Economic Times}}</ref><ref>{{cite web |title=Modi's infra push likely to double this highway builder's revenue in 4-5 years |url=https://economictimes.indiatimes.com/markets/stocks/news/modis-infra-push-likely-to-double-this-highway-builders-revenue-in-4-5-years/articleshow/81293462.cms |website=The Economic Times}}</ref>


==Operations==
⚫
From 2012, the company started pursuing bigger projects of roads across the country.<ref>{{cite web |title=Analyst Corner: Maintain ‘buy’ on Dilip Buildcon with TP of Rs 810 |url=https://www.financialexpress.com/market/analyst-corner-maintain-buy-on-dilip-buildcon-with-tp-of-rs-810/2200725/ |website=The Financial Express |date=24 February 2021}}</ref> In the meantime to fuel the nation's growth the government came up with the PPP model for roads inviting attention from other industries into the sector.<ref>{{cite web |last1=Naidu |first1=Rajesh |title=3 construction stocks that may be on the road to re-rating |url=https://economictimes.indiatimes.com/markets/stocks/news/is-there-more-steam-left-in-construction-stocks/articleshow/81136420.cms |website=The Economic Times}}</ref><ref>{{cite web |title=Analysts bullish on PNC Infra, KNR, Dilip Buildcon |url=https://economictimes.indiatimes.com/markets/stocks/news/3-construction-cos-that-may-record-up-to-35-revenue-growth-in-two-years/articleshow/81970262.cms |website=The Economic Times}}</ref>
Dilip Buildcon undertakes projects on an [[Engineering, Procurement and Construction]] (EPC) basis. This includes special bridges and tunnel. DBL is a Class A-V Firm, registered with Public Works Department Bhopal and also with the Water Resource Department Madhya Pradesh.<ref>{{cite web |title=Dilip Buildcon Ltd Stock Price - (601.45), Dilip Buildcon Ltd Share Price Live Today, Dilip Buildcon LtdStock Live BSE/NSE Share Price |url=https://www.financialexpress.com/market/stock-market/dilip-buildcon-ltd-stock-price/ |website=www.financialexpress.com}}</ref>

DBL positioned itself to work tirelessly to improve its EPC capabilities & invested heavily in procuring the road building equipment from around the world.<ref>{{cite web |title=Dilip Buildcon Surges On Emerging Lowest Bidder For Two Highway Projects |url=https://www.ndtv.com/business/dilip-buildcon-share-price-news-dilip-buildcon-surges-on-emerging-lowest-bidder-for-two-highway-projects-2379074 |website=NDTV.com}}</ref>

During the Financial Year 2016-17 Dilip Buildcon entered into the Securities Market through [[initial public offering]] (IPO).<ref>{{cite web |title=GR Infraprojects IPO opens July 7, issue entirely an OFS; here’s all you need to know |url=https://www.financialexpress.com/market/ipo-news/gr-infraprojects-ipo-opens-july-7-issue-entirely-an-ofs-heres-all-you-need-to-know/2280340/ |website=The Financial Express |date=29 June 2021}}</ref><ref>{{cite web |title=Modi's infra push likely to double this highway builder's revenue in 4-5 years |url=https://economictimes.indiatimes.com/markets/stocks/news/modis-infra-push-likely-to-double-this-highway-builders-revenue-in-4-5-years/articleshow/81293462.cms |website=The Economic Times}}</ref>

==EPC Projects==
Dilip Buildcon undertakes projects on an [[Engineering, Procurement and Construction]] (EPC) basis. This includes special bridges and tunnel. Dilip Buildcon and its joint venture (JV) has entered a pact with the [[National Highways Authority of India]] (NHAI) for a Rs 1,000-crore highway project in Rajasthan. The project will be built on the EPC mode.<ref>{{cite web |title=Dilip Buildcon JV inks pact with NHAI for Rs 1,000-crore highway project in Rajasthan |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/dilip-buildcon-jv-inks-pact-with-nhai-for-rs-1000-crore-highway-project-in-rajasthan/articleshow/80498645.cms?from=mdr |website=The Economic Times}}</ref><ref>{{cite web |title=HCC-DBL JV receives LoA for new BG line between Rishikesh-Karanprayag |url=https://www.constructionweekonline.in/projects-tenders/14706-hcc-dbl-jv-receives-loa-for-new-bg-line-between-rishikesh-karanprayag |website=Constructionweekonline}}</ref>


===Highways===
===Highways===
Dilip Buildcon sharpened its focus on National Highways, especially the Expressway.<ref>{{cite web |title=Dilip Buildcon bags Bundelkhand Expressway Project worth Rs 1,362 cr in UP |url=https://www.business-standard.com/article/pti-stories/dilip-buildcon-bags-rs-1-362-cr-road-project-in-up-119112900222_1.html |website=Business Standard India |date=29 November 2019}}</ref>
Dilip Buildcon undertakes projects on National Highways, especially the Expressway.<ref>{{cite web |title=Dilip Buildcon bags Bundelkhand Expressway Project worth Rs 1,362 cr in UP |url=https://www.business-standard.com/article/pti-stories/dilip-buildcon-bags-rs-1-362-cr-road-project-in-up-119112900222_1.html |website=Business Standard India |date=29 November 2019}}</ref> In 2021, Dilip Buildcon's joint venture (JV) entered a pact with the [[National Highways Authority of India]] (NHAI) for a Rs 1,000-crore highway project in Rajasthan, to be built on the EPC mode.<ref>{{cite news |title=Dilip Buildcon JV inks pact with NHAI for Rs 1,000-crore highway project in Rajasthan |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/dilip-buildcon-jv-inks-pact-with-nhai-for-rs-1000-crore-highway-project-in-rajasthan/articleshow/80498645.cms?from=mdr |website=The Economic Times| date=28 January 2021 }}</ref><ref>{{cite web |title=HCC-DBL JV receives LoA for new BG line between Rishikesh-Karanprayag |url=https://www.constructionweekonline.in/projects-tenders/14706-hcc-dbl-jv-receives-loa-for-new-bg-line-between-rishikesh-karanprayag |website=Constructionweekonline|date=20 August 2020 }}</ref>


===Metro Rail===
===Metro Rail===
Dilip Buildcon Limited (DBL) on 25 September 2020 launched the first 8.5-meter wide pre-cast segment at the proposed Kendriya Vidyalay metro station for building the elevated viaduct of the Bhopal Metro Rail project.<ref>{{cite web |title=Dilip Buildcon launches first pre-cast segment of Bhopal Metro Rail project |url=https://www.urbantransportnews.com/news/dilip-buildcon-launches-first-pre-cast-segment-of-bhopal-metro-rail-project |website=Urban Transport News}}</ref>
Dilip Buildcon Limited (DBL) on 25 September 2020 launched the first 8.5-meter wide pre-cast segment at the proposed Kendriya Vidyalay metro station for building the elevated viaduct of the Bhopal Metro Rail project.<ref>{{cite web |title=Dilip Buildcon launches first pre-cast segment of Bhopal Metro Rail project |url=https://www.urbantransportnews.com/news/dilip-buildcon-launches-first-pre-cast-segment-of-bhopal-metro-rail-project |website=Urban Transport News}}</ref>


==Mining==
===Mining===
DBL has received an MDO contract signed in 2018 with Punjab State Power Corporation Ltd (PSPCL) for the development and operation of the Pachhwara Central coal mine. DBL bags another Mine Developer and Operator (MDO) for development and operation of the Siarmal Open Cast Project of Mahanadi Coalfield Ltd. a subsidiary of Coal India Limited for 25 years.<ref>{{cite web |title=Dilip Buildcon bags massive 25 year MDO mining contract in India for Mahanadi's Siarmal open cast coal project |url=https://im-mining.com/2021/03/04/dilip-buildcon-bags-massive-25-year-mdo-mining-contract-india-mahanadis-siarmal-open-cast-coal-project/ |website=International Mining |date=4 March 2021}}</ref><ref>{{cite web |title=Dilip Buildcon emerges as lowest bidder for Mahanadi Coalfields' project in Odisha |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/dilip-buildcon-emerges-as-lowest-bidder-for-mahanadi-coalfields-project-in-odisha/articleshow/79098287.cms |website=The Economic Times}}</ref>
DBL received an MDO contract signed in 2018 with Punjab State Power Corporation Ltd (PSPCL) for the development and operation of the Pachhwara Central coal mine. DBL bagged another Mine Developer and Operator (MDO) for development and operation of the Siarmal Open Cast Project of Mahanadi Coalfield Ltd. a subsidiary of [[Coal India Limited]] for 25 years.<ref>{{cite web |title=Dilip Buildcon bags massive 25 year MDO mining contract in India for Mahanadi's Siarmal open cast coal project |url=https://im-mining.com/2021/03/04/dilip-buildcon-bags-massive-25-year-mdo-mining-contract-india-mahanadis-siarmal-open-cast-coal-project/ |website=International Mining |date=4 March 2021}}</ref><ref>{{cite news |title=Dilip Buildcon emerges as lowest bidder for Mahanadi Coalfields' project in Odisha |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/dilip-buildcon-emerges-as-lowest-bidder-for-mahanadi-coalfields-project-in-odisha/articleshow/79098287.cms |website=The Economic Times|date=7 November 2020 }}</ref>

⚫
===Irrigation===
⚫
For the construction of 2 irrigation projects i.e. Kundaliya Dam at a cost of Rs 3,400 crore and Mohanpura Dam at Rs 3,866 crores, the Madhya Pradesh state government tendered Dilip Buildcon Ltd.<ref>{{cite web |title=MP Becomes First State to Introduce Private Players in Agriculture Sector |url=https://www.newsclick.in/MP-first-state-introduce-private-players-agriculture-sector |website=NewsClick |language=en |date=17 January 2020}}</ref> Mohanpura Dam at Rajgarh, a project undertaken by Dilip Buildcon, was inaugurated by the Prime Minister of India.<ref>{{cite news |title=HCC, Dilip Buildcon JV bags Rs 4,167.7 cr contract from Narmada Water Resources dept |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/hcc-dilip-buildcon-jv-bags-rs-4167-7-cr-contract-from-narmada-water-resources-dept/articleshow/77128485.cms |website=The Economic Times|date=23 July 2020 }}</ref>


The Bhadbhut barrage Mega Project, flood protection embankments and associated works across river Narmada near village Bhadbhut of Bharuch District is DBL's expertise of Marine Engineering Construction Skills. This is a joint venture of Dilip Buildcon and [[Hindustan Construction Company|HCC]] as the design and construction contractor. The 1.663&nbsp;km long causeway-cum-weir barrage will be constructed. It will form a reservoir holding 599 [[Million cubic metre|MCM]] of fresh water. The barrage will have 90 gates. A six-lane bridge will be also constructed on the barrage.
⚫
==Irrigation==
⚫
For the construction of 2 irrigation projects i.e. Kundaliya Dam at a cost of Rs 3,400 crore and Mohanpura Dam at Rs 3,866 crores, the Madhya Pradesh state government tendered Dilip Buildcon Ltd.<ref>{{cite web |title=MP Becomes First State to Introduce Private Players in Agriculture Sector |url=https://www.newsclick.in/MP-first-state-introduce-private-players-agriculture-sector |website=NewsClick |language=en |date=17 January 2020}}</ref>
Mohanpura Dam at Rajgarh is a milestone project by Dilip Buildcon and was inaugurated by the Prime Minister of India.<ref>{{cite web |title=HCC, Dilip Buildcon JV bags Rs 4,167.7 cr contract from Narmada Water Resources dept |url=https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/hcc-dilip-buildcon-jv-bags-rs-4167-7-cr-contract-from-narmada-water-resources-dept/articleshow/77128485.cms |website=The Economic Times}}</ref>


==Key projects==
==Key projects==
* [[Bangalore-Chennai Expressway]] (three sections totaling 74 km only)
* [[Bangalore–Chennai Expressway]] (three sections totaling 74&nbsp;km only)
* [[Bhopal Metro]]
* [[Bhoj Metro]]
* [[Bundelkhand Expressway]] (45&nbsp;km only)
* [[Bundelkhand Expressway]] (45&nbsp;km only)
* [[Delhi-Mumbai Expressway]] (08&nbsp;km only)
* [[Delhi–Mumbai Expressway]] (08&nbsp;km only)
* [[Taxiway]] at [[Dabolim Airport]]
* [[Taxiway]] at [[Dabolim Airport]]
* [[Gorakhpur Link Expressway]] (43&nbsp;km only)
* [[Gorakhpur Link Expressway]] (43&nbsp;km only)
* [[Indore Metro]]
* [[Indore Metro]]
* [[Mumbai-Nagpur Expressway]] (45&nbsp;km only)
* [[Mumbai–Nagpur Expressway]] (45&nbsp;km only)
* [[Rajkot Airport]]
* [[Rajkot Airport]]
* [[New Zuari Bridge]], [[Goa]]
* [[New Zuari Bridge]], [[Goa]]
* [[Bengaluru-Mysuru Expressway]] (117&nbsp;km)
* [[Bengaluru–Mysuru Expressway]] (117&nbsp;km)


==Awards==
==Awards==

Latest revision as of 08:36, 27 December 2024

Dilip Buildcon Limited
Company typePublic
NSE: DBL
BSE: 540047
ISININE917M01012
IndustryInfrastructure, EPC (Engineering, Procurement and Construction)
Founded1987; 37 years ago (1987)
FounderDilip Suryavanshi
HeadquartersJanki Nagar, Bhopal, Madhya Pradesh, India
Key people
Dilip Suryavanshi
(Chairman & MD)
Devendra Jain
(CEO)
Sanjay Kumar Bansal
(CFO)
Abhishek Shrivastava
(Company Secretary)[1][2]
ServicesMining and Construction
RevenueIncrease ₹10,119 crore (US$1.2 billion) (FY23)[3]
Increase ₹988 crore (US$120 million) (FY23)[3]
Increase ₹221 crore (US$26 million) (FY23)[3]
Number of employees
26,743 (March 2023)
Websitewww.dilipbuildcon.com

Dilip Buildcon Limited (DBL) is an Indian construction and infrastructure development company based in Bhopal. It was founded by Dilip Suryavanshi in 1987 and was incorporated in the Ministry of Corporate Affairs on 12 June 2006.[4] The company is listed on both the Bombay Stock Exchange (BSE)[5] and the National Stock Exchange (NSE) since August 2016.[6][7][8][9]

History

[edit]

Dilip Buildcon Limited (DBL) was founded in 1987 in Bhopal by Dilip Suryavanshi as a proprietorship concern called Dilip Builders. The company was incorporated as Dilip Buildcon Private Limited on 12 June 2006 as a private limited company under the Companies Act 1956 with the Registrar of Companies Gwalior. Subsequently, the company took over the business of Dilip Builders, a sole proprietorship concern, in 2007. The company registered as a public limited company in August 2010. In the initial years of its operation, the company focused on commercial and residential building projects in Madhya Pradesh.[10][11]

As business grew in the early 1990s, the company forayed into other types of construction. The first move was into water sanitation and sewage.[12][13]

The company also did structural designing and construction in the field of the oil and gas industry. At the end of the 1990s, when the new central government put forward a vision of connecting the country with roads, DBL ventured into road construction starting with a small road project.[14][15][16]

From 2012, the company started pursuing bigger road projects across the country.[17] In the meantime, the government came up with the PPP model for roads inviting attention from other industries into the sector.[18][19] DBL invested in procuring the road building equipment from around the world.[20]

In August 2016, Dilip Buildcon became a publicly-listed company through an initial public offering (IPO),[21][16] and got listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).[22]

Operations

[edit]

Dilip Buildcon undertakes projects on an Engineering, Procurement and Construction (EPC) basis. This includes special bridges and tunnel. DBL is a Class A-V Firm, registered with Public Works Department Bhopal and also with the Water Resource Department Madhya Pradesh.[23]

Highways

[edit]

Dilip Buildcon undertakes projects on National Highways, especially the Expressway.[24] In 2021, Dilip Buildcon's joint venture (JV) entered a pact with the National Highways Authority of India (NHAI) for a Rs 1,000-crore highway project in Rajasthan, to be built on the EPC mode.[25][26]

Metro Rail

[edit]

Dilip Buildcon Limited (DBL) on 25 September 2020 launched the first 8.5-meter wide pre-cast segment at the proposed Kendriya Vidyalay metro station for building the elevated viaduct of the Bhopal Metro Rail project.[27]

Mining

[edit]

DBL received an MDO contract signed in 2018 with Punjab State Power Corporation Ltd (PSPCL) for the development and operation of the Pachhwara Central coal mine. DBL bagged another Mine Developer and Operator (MDO) for development and operation of the Siarmal Open Cast Project of Mahanadi Coalfield Ltd. a subsidiary of Coal India Limited for 25 years.[28][29]

Irrigation

[edit]

For the construction of 2 irrigation projects i.e. Kundaliya Dam at a cost of Rs 3,400 crore and Mohanpura Dam at Rs 3,866 crores, the Madhya Pradesh state government tendered Dilip Buildcon Ltd.[30] Mohanpura Dam at Rajgarh, a project undertaken by Dilip Buildcon, was inaugurated by the Prime Minister of India.[31]

The Bhadbhut barrage Mega Project, flood protection embankments and associated works across river Narmada near village Bhadbhut of Bharuch District is DBL's expertise of Marine Engineering Construction Skills. This is a joint venture of Dilip Buildcon and HCC as the design and construction contractor. The 1.663 km long causeway-cum-weir barrage will be constructed. It will form a reservoir holding 599 MCM of fresh water. The barrage will have 90 gates. A six-lane bridge will be also constructed on the barrage.

Key projects

[edit]

Awards

[edit]
  • 2018 Silver Awards for Excellence in Construction Management felicitated by Nitin Gadkari.[32]

See also

[edit]

References

[edit]
  1. ^ "Company Profile & Executives - Dilip Buildcon Ltd". Wall Street Journal.
  2. ^ R, Maria. "Dilip Buildcon Captures Top Slot to Become Numero Uno". www.nbmcw.com.
  3. ^ a b c "Dilip Buildcon Limited" (PDF). CARE Ratings. Retrieved 2 August 2023.
  4. ^ "Company profile of Dilip Buildcon Limited". ZaubaCorp. Retrieved 25 September 2021.
  5. ^ "Stock Share Price | Get Quote | BSE". Bseindia.com.
  6. ^ "Dilip Buildcon Limited". NSE India.
  7. ^ "Check out 's stock price (DBL-IN) in real time". CNBC. 29 January 2012.
  8. ^ "Dilip Buildcon has bright years ahead: Why it is stock pick of the week". The Economic Times.
  9. ^ Raj, Shubham (4 March 2021). "Market Movers: What led to rally in Dilip Buildcon; PSU banks, RIL give sell signals". The Economic Times.
  10. ^ "Dilip Buildcon Share Price, Dilip Buildcon Stock Price, Dilip Buildcon Ltd. Stock Price, Share Price, Live BSE/NSE, Dilip Buildcon Ltd. Bids Offers. Buy/Sell Dilip Buildcon Ltd. news & tips, & F&O Quotes, NSE/BSE Forecast News and Live Quotes". www.moneycontrol.com.
  11. ^ "Latest Dilip buildcon ltd information at www.indiainfoline.com". www.indiainfoline.comcompany.
  12. ^ "CIL arm awards Rs 1,470 crore project to Dilip Buildcon JV". The Economic Times. 18 November 2016.
  13. ^ Shah, Reeta (21 September 2018). "Dilip Buildcon lowest bidder for Indore Metro project". Metro Rail News.
  14. ^ "Dilip Buildcon Ltd". Business Standard India.
  15. ^ Naidu, Rajesh (28 April 2021). "Why construction companies look better placed during the second wave". The Economic Times.
  16. ^ a b "Modi's infra push likely to double this highway builder's revenue in 4-5 years". The Economic Times. 2 March 2021.
  17. ^ "Analyst Corner: Maintain 'buy' on Dilip Buildcon with TP of Rs 810". The Financial Express. 24 February 2021.
  18. ^ Naidu, Rajesh (22 February 2021). "3 construction stocks that may be on the road to re-rating". The Economic Times.
  19. ^ "Analysts bullish on PNC Infra, KNR, Dilip Buildcon". The Economic Times.
  20. ^ "Dilip Buildcon Surges On Emerging Lowest Bidder For Two Highway Projects". NDTV.com. 26 February 2021.
  21. ^ "GR Infraprojects IPO opens July 7, issue entirely an OFS; here's all you need to know". The Financial Express. 29 June 2021.
  22. ^ "Dilip Buildcon (BSE:540047) - Share price, News & Analysis". Simply Wall St.
  23. ^ "Dilip Buildcon Ltd Stock Price - (601.45), Dilip Buildcon Ltd Share Price Live Today, Dilip Buildcon LtdStock Live BSE/NSE Share Price". www.financialexpress.com.
  24. ^ "Dilip Buildcon bags Bundelkhand Expressway Project worth Rs 1,362 cr in UP". Business Standard India. 29 November 2019.
  25. ^ "Dilip Buildcon JV inks pact with NHAI for Rs 1,000-crore highway project in Rajasthan". The Economic Times. 28 January 2021.
  26. ^ "HCC-DBL JV receives LoA for new BG line between Rishikesh-Karanprayag". Constructionweekonline. 20 August 2020.
  27. ^ "Dilip Buildcon launches first pre-cast segment of Bhopal Metro Rail project". Urban Transport News.
  28. ^ "Dilip Buildcon bags massive 25 year MDO mining contract in India for Mahanadi's Siarmal open cast coal project". International Mining. 4 March 2021.
  29. ^ "Dilip Buildcon emerges as lowest bidder for Mahanadi Coalfields' project in Odisha". The Economic Times. 7 November 2020.
  30. ^ "MP Becomes First State to Introduce Private Players in Agriculture Sector". NewsClick. 17 January 2020.
  31. ^ "HCC, Dilip Buildcon JV bags Rs 4,167.7 cr contract from Narmada Water Resources dept". The Economic Times. 23 July 2020.
  32. ^ "Dilip Buildcon bags Silver Award for Excellence in Construction Management". Business Standard India. 10 January 2019.
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