Dilip Buildcon Wins Rs 1,602 mn Odisha EPC Road Contract
ROADS & HIGHWAYS

Dilip Buildcon Wins Rs 1,602 mn Odisha EPC Road Contract

Dilip Buildcon Ltd (DBL) has received a Letter of Award from Odisha Bridge & Construction Corporation Ltd for an Engineering, Procurement and Construction road project worth Rs 1,602 mn excluding GST and to be completed within 18 months. The contract was secured under the EPC model and covers construction in Sundargarh district. The company will be the executing contractor for the diversion road.

The project comprises a diversion road from km 4.700 to km 11.500 on the Duduka-Gopalpur-Toparia Road and includes a six-lane carriageway with service roads. The works are intended to improve road connectivity and support smoother traffic movement in the region. Contract features and timelines aim to strengthen local transport infrastructure.

The Odisha award augments DBL's order book following a May win through a DBL-RBL joint venture with Ranjit Buildcon Ltd for a Rs 2,680 mn EPC contract from the Gujarat government's Narmada Water Resources, Water Supply & Kalpasar Department. That assignment covers the design and construction of the Ged Barrage across the Sabarmati River, protection works, related infrastructure and 10 years of operation and maintenance. The successive orders reflect continued tender wins in roads and water infrastructure.

Despite fresh projects, consolidated net profit declined 63.7 per cent year-on-year to Rs 620.5 mn from Rs 1,708.3 mn and revenue from operations fell 25.7 per cent to Rs 22,998 mn from Rs 30,961 mn in the March quarter. EBITDA dropped to Rs 3,923 mn and the EBITDA margin narrowed to 17.06 per cent from 21.35 per cent, with the company citing lower execution, margin pressure and the absence of exceptional gains as factors. DBL is adjusting its long-term strategy to reduce reliance on EPC contracts and plans for infrastructure assets and mining to generate 75 per cent of profits and cash flows by FY29, with EPC contributing the remaining 25 per cent.

Dilip Buildcon Ltd (DBL) has received a Letter of Award from Odisha Bridge & Construction Corporation Ltd for an Engineering, Procurement and Construction road project worth Rs 1,602 mn excluding GST and to be completed within 18 months. The contract was secured under the EPC model and covers construction in Sundargarh district. The company will be the executing contractor for the diversion road. The project comprises a diversion road from km 4.700 to km 11.500 on the Duduka-Gopalpur-Toparia Road and includes a six-lane carriageway with service roads. The works are intended to improve road connectivity and support smoother traffic movement in the region. Contract features and timelines aim to strengthen local transport infrastructure. The Odisha award augments DBL's order book following a May win through a DBL-RBL joint venture with Ranjit Buildcon Ltd for a Rs 2,680 mn EPC contract from the Gujarat government's Narmada Water Resources, Water Supply & Kalpasar Department. That assignment covers the design and construction of the Ged Barrage across the Sabarmati River, protection works, related infrastructure and 10 years of operation and maintenance. The successive orders reflect continued tender wins in roads and water infrastructure. Despite fresh projects, consolidated net profit declined 63.7 per cent year-on-year to Rs 620.5 mn from Rs 1,708.3 mn and revenue from operations fell 25.7 per cent to Rs 22,998 mn from Rs 30,961 mn in the March quarter. EBITDA dropped to Rs 3,923 mn and the EBITDA margin narrowed to 17.06 per cent from 21.35 per cent, with the company citing lower execution, margin pressure and the absence of exceptional gains as factors. DBL is adjusting its long-term strategy to reduce reliance on EPC contracts and plans for infrastructure assets and mining to generate 75 per cent of profits and cash flows by FY29, with EPC contributing the remaining 25 per cent.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD, NaBFID Partner to Fund Rural Infrastructure

The National Bank for Agriculture and Rural Development (NABARD) and the National Bank for Financing Infrastructure and Development (NaBFID) have signed a Memorandum of Understanding (MoU) to collaborate on financing infrastructure projects with significant rural impact.The partnership combines NABARD’s expertise in rural and agricultural infrastructure with NaBFID’s specialised infrastructure financing capabilities. It will focus on joint financing, knowledge sharing and developing financing solutions to improve access to long-term, competitively priced capital for rural infrastructure an..

Next Story
Infrastructure Energy

Advait Energy Wins Rs 1.34 Billion MPPTCL Order

Advait Energy Transitions (AETL) has secured a Rs 1.34 billion turnkey contract from Madhya Pradesh Power Transmission Co. Ltd. (MPPTCL) for the design, manufacturing and supply of Emergency Restoration Systems (ERS) for 400kV, 220kV and 132kV EHV transmission lines.The order, received against Tender No. TR-23/2025 on August 25, 2026, will be executed over 18 months. The contract value, inclusive of taxes, covers the complete ERS along with the required accessories.Emergency Restoration Systems are used to restore transmission infrastructure following disruptions, helping maintain continuity a..

Next Story
Real Estate

Gradiant expands Coimbatore engineering centre

Gradiant has expanded its Global Engineering Center (GEC) in Coimbatore, more than doubling its engineering workforce from approximately 100 to over 200 professionals as it strengthens its global project execution capabilities.The expanded centre will bring together multidisciplinary expertise across process engineering, detailed design and project engineering, enabling the India team to take on greater responsibility for the engineering and design of Gradiant’s international projects.According to Govind Alagappan, COO, Gradiant, Coimbatore’s engineering talent and industrial heritage make..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement