Financial Performance - Q1 FY27 (Consolidated Basis)

  • Revenue from Operations: ₹2,378 crore
  • EBITDA: ₹429 crore
  • EBITDA Margin: 18.1%
  • Profit After Tax (PAT): ₹128 crore

Financial Performance - Q1 FY27 (Standalone Basis)

  • Revenue from Operations: ₹1,930 crore
  • EBITDA: ₹199 crore
  • EBITDA Margin: 10.3%
  • Profit After Tax (PAT): ₹39 crore

Order Book Position

As of June 30, 2026, total order book stood at ₹27,691 crore with the following diversification:

  • Roads & Highways: 17.1%
  • Irrigation & Water: 18.1%
  • Mining: 20.9%
  • Other Verticals (rail, tunnels, urban development, renewable energy): 43.9%

Excludes new irrigation project won in July 2026 in Chhattisgarh with total project cost of ₹2,524.32 crore.

Fresh order inflow of ₹517.2 crore recorded during the quarter, including new ₹268 crore EPC win.

Segmental Revenue Breakdown (Q1 FY27)

  • Gross Revenue from EPC business: ₹1,752 crore
  • Gross Revenue from Mining: ₹392 crore
  • Income from InvITs: ₹34.77 crore

Debt Position

As of June 30, 2026, standalone net debt stood at ₹2,106 crore, compared to:

  • ₹1,880 crore as of March 31, 2026
  • ₹1,661 crore as of June 30, 2025

Company reaffirms net debt-free standalone balance sheet target by FY28.

Management Commentary

Mr. Dilip Suryavanshi, Chairman and Managing Director:

  • Q1 FY27 reflects DBL 2.0 philosophy of "One Platform, 3 Engines, 12 verticals"
  • Company has completed close to 90% of projects ahead of schedule
  • Workforce of 21,221 employees and fleet of 10,394 equipment units
  • Mining MDO contracts run 25 to 55 years, beyond typical EPC duration
  • Focused on strengthening balance sheet and increasing long-duration contracted revenue streams

Mr. Devendra Jain, CEO:

  • Q1 FY26 profitability included one-time gain from asset monetization that did not recur
  • Margins improved sequentially on like-for-like operating basis
  • Net debt increase reflects build-up in trade receivables and equipment mobilization for new projects (Ged Barrage and ERCP Bandh Baretha)
  • Actively working to normalize collection cycles
  • Debt profile remains largely asset-backed and project-linked
  • Focused on strengthening balance sheet through operating cash flows, InvIT distributions and disciplined capital allocation

Recent Project Wins

  • DBL-RBL joint venture received Letter of Award for Ged Barrage EPC project in Gujarat from Narmada Water Resources, Water Supply & Kalpasar Department
  • Incremental order additions at Siarmal and Pachhwara mining MDO projects

Strategic Focus

  • DBL 2.0 strategy gaining traction with increasing contribution from long-duration, contracted businesses
  • Transitioning from pure-play EPC contractor to diversified multi-asset infrastructure platform
  • Operating across 20 states and 1 Union Territory

Additional Information

Full financial statements will be available on company website: www.dilipbuildcon.com