Slide 1: Exchange filing cover letter
February 14, 2025 To To BSE Limited National Stock Exchange of India Ltd. Listing Department Exchange Plaza, C-1, Block G P.J Tower, Dalal Street BandraKurla Complex, Mumbai – 400001 Bandra (E), Mumbai – 400051 Stock Symbol -540047 Stock Symbol –DBL Sub: -Investor Presentation Pursuant to regulation
Slide 2: Earnings Presentation Q3 & 9M FY25
Road Irrigation Coal Mine Water supply Tunnel Metro Special Bridge Airport Optical Fiber DILIP BUILDCON LIMITED Earnings Presentation Q3 & 9M FY25
Slide 3: Table of Content
TABLE OF CONTENT Business Highlights 03 Equity and Divestment Tracker 27 Standalone and Consolidated Financial 13 Strategic Partnership with Alpha Alternatives 32 Highlights Key Projects Update 35 Coal Mines Business Update 24 Company Overview 39
Slide 4: Business Highlights
DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND Business Highlights
Slide 5: Business Highlights - YTD FY25
Business Highlights - YTD FY25 WON 2 NEW PROJECTS COMPLETED 5 PROJECTS DIVESTMENT WORTH ₹ 2,100 Cr * WORTH ₹ 4,141 Cr STATUS Completed 3 HAM project worth Shrem InvIT : 100% equity stake Tunnel Project in Kerala ₹ 2,354 Cr and 2 EPC project divested in 10 HAM projects ₹ 1,136 Cr and worth ₹ 1,787 Cr
Slide 6: New Projects Won - YTD FY25
New Projects Won - YTD FY25 (₹ in Cr.) Contract Value excluding Period in which Project Name Segment State Name of Employer GST order won Construction of Twin Tube Uni-directional Tunnel in the Kozhikode and Wayanad Tunnel Kerala Konkan Railway Corporation Ltd. 1,136 Q2-FY25 Districts of Kerala Stat
Slide 7: Projects Completed - YTD FY25
Projects Completed -YTD FY25 (₹ in Cr.) Scheduled COD Actual Name of EPC Cost Early Completion Project Name State Type of Work with EOT/ Grace Completion the Employer excluding GST Days period Date Tamilnadu & National Highways Authority of India Villupuram-Puducherry HAM 762 04.04.2024 04.04.2024 -
Slide 8: Order Book – as on 31st December 2024
Order Book – as on 31st December 2024 (₹ in Cr) Vertical Wise Model Wise Special Bridge, Urban Development, Optical Fiber, ₹ 333 , (2%) ₹ 459 , (3%) ₹ 964 , (6%) HAM, 23.3% Road, Tunnel, ₹ 3,867 , (23%) ₹ 2,039 , (12%) Metro, ₹ 608 , (4%) Irrigation, EPC, 76.7% ₹ 3,386 , (20%) Mining, ₹ 3,547 , (21%
Slide 9: Order Book as on 31st December 2024
Order Book as on 31st December 2024 Business Division wise order book – ₹ 16,626 Cr ROADS & HIGHWAYS MINING IRRIGATION TUNNEL ₹ 3,867 Cr ₹ 3,547 Cr ₹ 3,386 Cr ₹ 2,039 Cr 23.26% 21.33% 20.37% 12.26% www.dilipbuildcon.com | EARNINGS PRESENTATION Q3 FY25 8 |
Slide 10: Order Book as on 31st December 2024
Order Book as on 31st December 2024 Business Division wise order book – ₹ 16,626 Cr WATER OPTICAL FIBER SPECIAL BRIDGES & METRO AIRPORT SUPPLY URBAN DEVELOPMENTS ₹ 1,423 Cr ₹ 964 Cr ₹ 792 Cr ₹ 608 Cr ₹ NIL 8.56% 5.80% 4.76% 3.66% - www.dilipbuildcon.com | EARNINGS PRESENTATION Q3 FY25 9 |
Slide 11: Order Book – Trend
Order Book – Trend (₹ in Cr) 27,411 25,595 25,395 19,082 18,606 17,432 17,355 16,626 FY20 FY21 FY22 FY23 FY24 Q1FY25 Q2FY25 Q3FY25 www.dilipbuildcon.com | EARNINGS PRESENTATION Q3 FY25 10 |
Slide 12: Order Book as on 31st December 2024 (Geography)
Order Book as on 31st December 2024 (₹ in Cr) State Completed as on Ongoing Gross Order Book as on % to Total Order Book 31.12.2024 31.12.2024 31.12.2024 Jharkhand 1,613 5,845 3,530 21.23% Geography wise order book Odisha 1,288 2,334 2,303 13.85% Gujarat 2,067 5,147 2,209 13.28% Madhya Pradesh 15,80
Slide 13: NHAI/MoRTH - HAM Portfolio
NHAI/MoRTH - HAM Portfolio (₹ in Cr.) Sr No. Particulars Bid project cost Remarks 19 HAM Projects: • Shrem Group/Shrem InvIT - 16 Projects -100% Divested 1 26 Completed HAM Projects 30,483 • Cube Highways-3 Projects -100% Divested 7 HAM Projects: • 7 HAM Project - 26% divested to Alpha Alternative •
Slide 14: Standalone and Consolidated Financial Highlights
Standalone and Consolidated Financial Highlights
Slide 15: Standalone Financials- Quarterly
Standalone Financials- Quarterly (₹ in Cr.) Revenue from Operations EBITDA excl. other income Profit after Tax -16.18% -33.96% -7.37% Y-o-Y Highlights 2,571 2,155 318 210 95 88 Q3 FY24 Q3 FY25 Q3 FY24 Q3 FY25 Q3 FY24 Q3 FY25 Revenue from Operations EBITDA excl. other income Profit after Tax Q-o-Q Hi
Slide 16: Standalone Financials – 9M FY24 v/s 9M FY25
Standalone Financials – 9M FY24 v/s 9M FY25 (₹ in Cr.) Revenue from Operations EBITDA excl. other income Profit after Tax -12.05% -26.72% -11.41% 7,607 6,690 947 694 298 264 9M FY24 9M FY25 9M FY24 9M FY25 9M FY24 9M FY25 www.dilipbuildcon.com | EARNINGS PRESENTATION Q3 FY25 15 |
Slide 17: Consolidated Financials- Quarterly
Consolidated Financials- Quarterly (₹ in Cr) Revenue from Operations EBITDA excl. other income Profit after Tax -9.98% 33.61% 39.82% Y-o-Y Highlights 2,877 2,590 357 477 113 158 Q3 FY24 Q3 FY25 Q3 FY24 Q3 FY25 Q3 FY24 Q3 FY25 Revenue from Operations EBITDA excl. other income Profit after Tax Q-o-Q H
Slide 18: Consolidated Financials – 9M FY24 v/s 9M FY25
Consolidated Financials – 9M FY24 v/s 9M FY25 (₹ in Cr) Revenue from Operations EBITDA excl. other income Profit after Tax -4.92% 36.57% 184.34% 8,646 8,221 1,091 1,490 198 563 9M FY24 9M FY25 9M FY24 9M FY25 9M FY24 9M FY25 www.dilipbuildcon.com | EARNINGS PRESENTATION Q3 FY25 17 |
Slide 19: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement (₹ in Cr.) Particulars Q3 FY25 Q3 FY24 Y-o-Y% Q2 FY25 Q-o-Q% 9M FY25 9M FY24 Y-o-Y% FY24 Revenue 2,155 2,571 -16.18% 2,177 -1.01% 6,690 7,607 -12.05% 10,537 Less:- Operating expenses 1,945 2,253 -13.67% 1,955 -0.51% 5,996 6,660 -9.97% 9,238 EBITDA excl. other incom
Slide 20: Standalone Balance Sheet
Standalone Balance Sheet (₹ in Cr.) Particulars Dec’24 Sep’24 Mar’24 Particulars Dec’24 Sep’24 Mar’24 ASSETS EQUITY AND LIABILITIES Non-current assets Equity (a) Equity share capital 146 146 146 (a) Property, plant and equipment 1,055 995 1,119 (b) Other equity 5,286 5,215 5,041 (b) Capital work in
Slide 21: Standalone Cash Flow
Standalone Cash Flow (₹ in Cr.) Particulars Q3 FY25 9M FY25 FY24 Particulars Q3 FY25 9M FY25 FY24 CASH FLOW FROM OPERATING ACTIVITIES CASH FLOW FROM INVESTING ACTIVITIES Net profit before tax as per Statement of Profit and Loss 108 333 636 Purchase of Fixed Assets -62 -188 -171 Adjustments for: Sale
Slide 22: Consolidated Profit & Loss
Consolidated Profit & Loss (₹ in Cr). Particulars Q3 FY25 Q3 FY24 Y-o-Y% Q2 FY25 Q-o-Q% 9M FY25 9M FY24 Y-o-Y% FY24 Revenue 2,590 2,877 -9.98% 2,497 3.72% 8,221 8,646 -4.92% 12,012 Less:- Operating expenses 2,113 2,520 -16.15% 1,961 7.75% 6,731 7,555 -10.91% 10,590 EBITDA excl. other income 477 357
Slide 23: Quarterly - Net Working Capital Days
Quarterly - Net Working Capital Days 107 109 89 102 101 96 97 84 95 83 97 83 94 75 70 72 67 65 67 62 61 60 59 58 56 48 48 124 119 117 118 115 114 117 119 124 Dec'22 Mar'23 Jun'23 Sep'23 Dec'23 Mar'24 Jun'24 Sep'24 Dec'24 Debtor Days Inventory days Creditor Days Working Capital Days Net working capit
Slide 24: Quarterly - Net Debt to Equity
Quarterly - Net Debt to Equity (₹ in Cr.) 0.58 0.52 0.51 0.43 0.42 0.43 0.40 0.48 0.36 0.44 0.42 0.29 0.4 0.38 0.38 0.37 0.32 0.25 0.1 0.09 0.08 0.05 0.04 0.04 0.04 0.03 0.03 Dec'22 Mar'23 Jun'23 Sep'23 Dec'23 Mar'24 Jun'24 Sep'24 Dec'24 Net Debt/Equity Equipment Debt/Equity Working Capital Debt/Equ
Slide 25: Mine Development and Operator (MDO)-Business Update
Mine Development and Operator (MDO)-Business Update
Slide 26: MDO Business - ₹ 97,100 Cr
MDO - Business MDO Business - ₹ 97,100 Cr* Mine Development and Operator (MDO) Block Name Concession Coal Production Balance Pachhwara Central Coal tenure, Peak Contract Mine MDO (7 MMT PA) Capacity & Total Price Coal Reserves - 382.81 MMT Qty Contracted Actual/Planne Year Coal d Coal Production Pro
Slide 27: MDO - Performance
MDO - Performance Siarmal MDO Production Unit Q1 FY25 Q2 FY25 Q3 FY25 9M FY25 FY23-24 Over Burden Removal MN.BCM 4.49 3.11 5.39 12.99 9.14 Coal Production MMT 3.23 4.17 5.27 12.67 7.24 Pachwara MDO Production Unit Q1 FY25 Q2 FY25 Q3 FY25 9M FY25 FY 23-24 Over Burden Removal MN.BCM 1.79 1.50 2.98 6.2
Slide 28: Equity and Divestment Tracker
Equity and Divestment Tracker
Slide 29: Equity and Divestment Tracker
Equity and Divestment Tracker ₹ in Cr Equity Invested (Equity+USL+NCD) Total Upto Dec-24 Balance Equity Q4FY 25 FY 26 FY 27 FY 28 -FY 30 Equity Particulars Require DBL DBL DBL Projected Projected Projected Projected Total Equity Required ment Infra Assets Infratech Infra Venture Divested to Invested
Slide 30: 8 – HAM Projects
8 – HAM Projects Sr. No. Project Name PCOD Status NHAI NOC Status Divestment Status 1 Dodaballapur- Hoskote Highways Limited Received Received 26% divested to Alpha 2 Repallewada Highways Limited Received Received 26% divested to Alpha 3 Dhrol Bhadra Highways Limited Received Received 26% divested t
Slide 31: 10 – HAM Projects
10 – HAM Projects Sr. No. Project Name Appointed Date Expected COD 1 Bangarupalem Gudipala Highways Limited 04.10.2022 31.03.2025 2 Sannur Bikarnakette Highways Limited 10.10.2022 30.06.2025 3 Raipur-Visakhapatnam-CG-2 Highways Limited 09.01.2023 31.03.2025 4 Maradgi S Andola-Baswantpur Highways Lim
Slide 32: New HAM
New HAM Sr. No. Project Name Appointed Date 1 Dharmapuri - Salem Thoppur Ghat Limited Awaited www.dilipbuildcon.com | EARNINGS PRESENTATION Q3 FY25 31 |
Slide 33: Strategic Partnership with Alpha Alternatives
Strategic Partnership with Alpha Alternatives
Slide 34: Long-term strategic partnership with Alpha Alternatives
Dilip Buildcon Ltd - Long-term strategic partnership with Alpha Alternatives Key Terms of strategic partnership • Dilip Buildcon Limited (DBL) entering into a long-term strategic partnership in Nov-23 with Alpha Alternatives (AA) for construction, financing and monetization of road projects through
Slide 35: DBL- AA Partnership Update-Till Date
DBL- AA Partnership Update-Till Date • 10% stake in DBL through preferential allotment of warrants • AA with its associates invested ₹ 133.12 Cr in DBL on December 21, 2023 towards subscription of equity warrants of 1,62,29,862 (25% the total consideration payable). • Balance 75% of the total consid
Slide 36: Key Projects Update
DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND Key Projects Update
Slide 37: Key Project Progress - HAM Projects
Key Project Progress - HAM Projects Payment Milestone (Grant) % of work done as on Sr. No Project Name Appointed Date Achieved 31.12.2024 1 Poondiyan kuppam Highways Limited* 10th PM, 90% Physical Progress 15.11.2021 98.36 2 Bangarupalem Gudipala Highways Limited 10h PM, 90% Physical Progress 04.10.
Slide 38: Key Project Progress - EPC Projects
Key Project Progress - EPC Projects ₹ in Cr. Metro Outstanding Order Book Schedule Date of Project Name Contract Value LOA Date Date of Start as on 31.12.2024 Completion with EOT Bhopal Metro 221 4 Oct-18 Nov-18 Mar-25 Indore Metro 204 13 Oct-18 Dec-18 Mar-25 Surat Metro Rail Project, Phase-1 (Pkg-C
Slide 39: Key Project Progress - EPC Projects
Key Project Progress - EPC Projects ₹ in Cr. Special Bridge Outstanding Order Book Schedule Date of Project Name Contract Value LOA Date Date of Start as on 31.12.2024 Completion with EOT Extra-dosed bridge across Sharavathi backwaters 322 1 Jul-19 Dec-19 Aug-25 Sahibganj Bypass including Ganga Brid
Slide 40: Company Overview
DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND.
Slide 41: DBL - Overview
DBL - Overview Pan India presence 20 states Largest employer in construction & 1 Union Territory industry 23,762 employees Largest owner of construction Diversified orderbook of equipment’s 10,097 ₹ 16,626 Cr from 9 verticals No subcontracting, vertically Early completion bonus integrated and use of
Slide 42: DBL - Journey
DBL - Journey The Company continued Dilip Suryavanshi, a its expansion pace, young civil engineer wining its first EPC Company expanded into started Dilip Builders as Converted to a private project worth Rs.1,081 the Irrigation development a proprietorship firm First backward limited company to fulf
Slide 43: DBL - Journey
DBL - Journey Completed IPO oversubscribed by 22 14 projects worth Completed 12 projects times, making it the most Forays into airport Rs.10,544 Cr which is worth Rs. 8,160 Cr in 8 successful EPC issuance in highest completion in a states despite several Crossed Net Worth development segment. Of Rs.
Slide 44: Backward Integration
Backward Integration To further support our in-house execution, we have setup our own manufacturing units, which make the highest quality road furniture / material needed for our business. It helps us control costs and timelines. Octagonal Poles Pipe Rolling Metal Beam Crash Barrier Road Marking Pai
Slide 45: Leadership Team
Leadership Team Mr. Dilip Suryavanshi Mr. Devendra Jain Chairman and MD MD & CEO Dilip Suryavanshi is the Chairman and Managing Devendra Jain is a Managing Director and Chief Director of our Company. He holds a bachelors degree Executive Officer of our Company. He holds a in civil engineering from t
Slide 46: Leadership Team
Leadership Team Rohan Suryavanshi Sanjay Bansal Head – Strategy & Planning Chief Financial Officer Rohan Suryavanshi joined DBL in 2007. Sanjay Kumar Bansal, 48 years of age, He holds a BA (Hons) in Commerce joined DBL in 2022. He is a Chartered from the University of Pune and an MBA Accountant and
Slide 47: Disclaimer
Disclaimer This presentation contains certain forward-looking statements concerning DBL future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward-looking statements. The ris
Slide 48: Thank You
Thank You Dilip Buildcon Limited S-Ancial Technologies Pvt. Ltd. Mr. Gautam Jain Ms. Jill Chandrani Registered Office : Plot No. 5, Inside Govind Narayan Singh Gate, Chuna Bhatti, Contact No : +91 75060 23955 Kolar Road, Bhopal Madhya Pradesh - 462 016 E-mail : jill@s-ancial.com L45201MP2006PLC01868