Dilip Buildcon Posts FY26 Results As It Shifts To Multi Asset Platform

Dilip Buildcon Limited announced audited results for the quarter and financial year ended 31 March 2026 and outlined its shift into a diversified multi?asset platform under DBL two point zero. The strategy is designed to improve revenue visibility and cash?flow generation by expanding beyond engineering, procurement and construction. The update set out consolidated and standalone financials and medium?term balance?sheet goals.

On a consolidated basis for fiscal 2026 Dilip Buildcon reported revenue of Rs 89.84 billion (Rs 89.84 bn), EBITDA of Rs 17.66 billion and profit after tax of Rs 13.98 billion, with an EBITDA margin of 19.66 per cent. Consolidated net debt was Rs 72.44 billion as of 31 March 2026. For the fourth quarter the group recorded revenue of Rs 23.00 billion, EBITDA of Rs 3.92 billion and PAT of Rs 1.24 billion, with a quarter EBITDA margin of 17.06 per cent.

On a standalone basis for the year the company reported revenue of Rs 70.05 billion, EBITDA of Rs 7.34 billion and PAT of Rs 8.42 billion, with an EBITDA margin of 10.48 per cent. Standalone fourth quarter revenue was Rs 18.60 billion, EBITDA Rs 1.99 billion and PAT Rs 0.67 billion. EPC contributed Rs 70.05 billion, mining generated Rs 16.92 billion and InvIT income was Rs 640 million (Rs 640 mn).

The order book reached Rs 288.30 billion as of 31 March 2026 and the company described it as well diversified. Senior management said the initiative aims to build a portfolio weighted to long?duration contracted assets that complement the EPC business and strengthen long?term profitability and cash?flow visibility. They noted margin pressure from elevated input costs and lower asset utilisation but indicated these effects as temporary.

The company reported operations in 20 states and one Union Territory supported by 20,581 employees and a fleet of 10,275 units. Management set priorities to move towards a nearly net?debt?free position over medium term, strengthen mining as a core cash?flow driver and develop recurring revenue via selective PPP and InvIT expansion. It emphasised capex discipline and capital allocation.

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