Dilip Buildcon Ltd. · NSE:DBL
Dilip Buildcon — Q4 FY25 Earnings Presentation
45 slides from Dilip Buildcon's earnings presentation, May 8, 2025
Slide 1: Investor Presentation filing letter to exchanges
May 08, 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 46(2
Slide 2: Earnings Presentation Q4 & FY25
G 4 DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND DILIP BUILDCON LIMITED EARNINGS PRESENTATION Q4 & FY25 S Coal Mine = | tt ellie 7 tty o> lis 726 Fiber © special Bridge
Slide 3: Table of Content
©) DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND. Table of Content Business Highlights ‘Financtal Highlights : Standalone and Consolidated Coal Mines Business Update Equity and Divestment Tracker Strategic Partnership with Alpha Alternatives Key Projects Update 03 13 23 26 28 31 “CompanyOverview ss
Slide 4: Business Highlights
© DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND. Business Highlights fy
Slide 5: Business Highlights FY25
| Business Highlights FY25 WON 2 NEW PROJECTS WORTH & 2,100 Cr Won Tunnel Project worth & 1,136 Cr in Kerala and Optical Fiber project worth % 964 Cr in Jammu & Kashmir | EARNINGS PRESENTATION Q4 FY25 | COMPLETED 5 PROJECTS WORTH & 4,141 Cr Completed 3 HAM projects worth % 2,354 Cr and 2 EPC project
Slide 6: New Projects Won in FY25
| New Projects Won in FY25 A , Contract Value Period in which a me sae ee excluding GST 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 State Development Of Middle mile and last mile networ
Slide 7: Projects Completed in FY25
I Projects Completed in FY25 Name of bids =— a xc Scheduled COD wit Actual EOT Completion Date National Highways Authority Villupuram- Tamilnadu & 762 04.04.2024 04.04.2024 7 of India Puducherry Puducherry Uttar Pradesh Expressways Gorakhpur Link Industrial Development expressway Uttar Pradesh EPC 1
Slide 8: Order Book - as on 31st March 2025
| Order Book - as on 31st March 2025 ( Vertical Wise | Model Wise J Optical Fibre, Special Bridge, % 964, (7%) %271, (2%) Urban Development, % 459, (3%) Road, 3,134, (21%) Metro, © 431, (3%) Irrigation, 3,162, (21%) Water Supply, Mining, % 942 , (6%) % 3,626 , (24%) otal order book % 14,923 The comp
Slide 9: Order Book as on 31st March 2025
| Order Book as on 31st March 2025 I Business Division wise order book - % 14,923 Cr. I WAAR CCCI IRRIGATION 3,162 Cr. & 3,626 Cr. 21.19% 24.30% | EARNINGS PRESENTATION Q4 FY25 | | www-dilipbuildcon.com | 8
Slide 10: Order Book as on 31st March 2025
| Order Book as on 31st March 2025 I Business Division wise order book - % 14,923 Cr. I == [ TUNNEL OPTICAL FIBER URBAN DEVELOPMENTS = 1,934 Cr. = 964 Cr. % 431 Cr. % 730 Cr. NIL 12.96% 6.46% 2.89% 4.89% - | EARNINGS PRESENTATION Q4 FY25 | | www-dilipbuildcon.com | 9
Slide 11: Order Book — Year wise Trend
| Order Book — Year wise Trend 27,411 25,595 25,395 19,082 17,432 14,923 FY20 FY21 FY22 FY23 FY24 FY25 —— | EARNINGS PRESENTATION Q&4 FY25 | | www-dilipbuildcon.com | 10
Slide 12: Geography Wise Order Book as on 31st March 2025
| Geography Wise Order Book as on 31st March 2025 9 Jammu & Kashmir, 6.46% Himachal Pradeshy 1.23% Uttarakhand, 3.40% 9 Rajasthan, 297% 9 9 eae Gujarat, Jharkhand, os 9 Bg Laren 3.08% pacs Karnataka, 3.98% Tamilnadu & Puducherry, 2.76% Kerala, 7.62% | EARNINGS PRESENTATION Q4 FY25 | Completed as on
Slide 13: NHAI/MoRTH - HAM Portfolio
BB) NHAI/MoRTH - HAM Portfolio r 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 Projects - 26% divested to Alpha Alternative 2 12 Un
Slide 14: Financial Highlights - Standalone and Consolidated
DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND Financial Highlights - Standalone and Consolidated
Slide 15: Financial Highlights- Quarterly (Y-o-Y)
| Financial Highlights- Quarterly (Y-o0-Y) Revenue from operations EBITDA excl. other income Profit after tax 21.02% -40.79% 62.10% o i= 2 CJ mol c i] i 7) 2,315 Q4FY24 Q4FY25 Q4 FY24 Q4FY25 Q4FY24 Q4FY25 Revenue from operations EBITDA excl. other income Profit after tax 3 -8.02% 10.30% 9100.00% 2 .
Slide 16: Financials Highlights- Quarterly (Q-o-Q)
J Financials Highlights- Quarterly (Q-o-Q) KS) Revenue from operations EBITDA excl. other income Profit after tax 7.42% -0.48% 2 | -46.59% ] 2 CJ mol c i] i : a | & Q3 FY25 Q4 FY25 Q3 FY25 Q4FY25 Q3 FY25 Revenue from operations EBITDA excl. other income Profit after tax 3 . 19.54% 38.57% 74.68% 3 y
Slide 17: Financial Highlights - Yearly (Y-o-Y)
| Financial Highlights - Yearly (Y-o-Y) Revenue from operations EBITDA excl. other income “14.55% -30.48% —— Standalone Profit after tax v 2008 = FY25 FY24 FY25 FY24 Revenue from operations EBITDA excl. other income ao) @ 2 o i ° 7) = 9 Oo FY24 FY25 FY25 5 -26.30% FY24 FY25 Profit after tax -5.79% |
Slide 18: Standalone Profit & Loss Statement
| Standalone Profit & Loss Statement Revenue from operations Less:- Operating expenses EBITDA excl. other income EBITDA margin (%) Add:- Other Income Less:- Depreciation & amortization expenses Less:- Finance cost Profit/(loss) before exceptional items and tax Add:- Exceptional items Profit/(loss) b
Slide 19: Consolidated Profit & Loss Statement
| Consolidated Profit & Loss Statement Pare “ ms “ um es mm ms um vial 11,317 Revenue Less:- Operating expenses EBITDA excl. other income EBITDA Margin (%) Add:- Other Income Less:- Depreciation Less:- Interest Profit/(loss) before exceptional items and tax Add:- Exceptional items Profit/(loss) befo
Slide 20: Standalone Balance Sheet
| Standalone Balance Sheet © incr) ASSETS Non-current assets (a) Property, plant and equipment (b) Other Intangible assets (c) Financial assets (i) Investments (ii) Other (d)Deferred tax assets (net) (e) Other non-current asset TOTAL NON-CURRENT ASSETS Current assets (a) Inventories (b) Financial as
Slide 21: Standalone Cash Flow
| Standalone Cash Flow CASH FLOW FROM OPERATING ACTIVITIES Net profit before tax as per Statement of Profit and Loss Adjustments for: Depreciation & amortization expenses Interest income Finance income due to unwinding of security deposit & financial assets (Profit)/Loss on sale of fixed assets Inte
Slide 22: Quarterly - Working Capital Days
| Quarterly - Working Capital Days Mar'23 Jun'23 Sep'23 Dec'23 Mar'24 Jun'24 Sep'24 Dec'24 Mar'25 mamDebtor Days mamInventorydays mmmCreditorDays — Working Capital Days Working capital days decreased from 83 days as on Dec’24 to 75 days as on Mar’25 | EARNINGS PRESENTATION Q4 FY25 | www.dilipbuildco
Slide 23: Quarterly — Net Debt to Equity ratio
| Quarterly — Net Debt to Equity ratio 0.52 0.51 0.25 0.26 0.08 0.09 o_O 0.04 0.04 0.04 0.03 0.03 0.03 o> a —o o ° Mar'23 Jun'23 Sep'23 Dec'23 Mar'24 Jun'24 Sep'24 Dec'24 Mar'25 =®=Net Debt/Equity }—®-Equipment Debt/Equity —®=Working Capital Debt/Equity | arcane | marae | suns | sopza | oovzs | marz
Slide 24: Mine Development and Operator (MDO) Business Update
§ DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND. Mine Development and Operator (MDO)- Business Update
Slide 25: MDO Business
i po - Business MDO Business - 2 94,270 C 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 aty Contracted Actual/Planne Coal dCoal Production Production
Slide 26: MDO - Performance
i) Mp0 - Performance Ww) Siarmal MDO rr Over Burden Removal Mn BCM 18.02 Coal Production MMT 7.24 3.23 4.17 5.27 5.86 18.53 Pachhwara MDO Over Burden Removal Mn BCM Coal Production MMT 4.60 1.48 1.33 1.97 2.09 6.87 —— | EARNINGS PRESENTATION Q4 FY25 | | wwwadilipbuildcon.com | 2
Slide 27: Equity and Divestment Tracker
DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND. Equity and Divestment Tracker
Slide 28: Equity and Divestment Tracker
| Equity and Divestment Tracker Total . ‘ Equity Equity Invested (Equity+! Upto March 25. Balance Require Equity FY 26 FY 27 FY 29 -FY 30 Total Eq DBL DBL DBL . Required Projected | Projected Projected ment Divested to ‘ Invested ti DBL Infra Assets Infrate infra Venture Alpha & AIF (Projected) Mar-
Slide 29: Strategic Partnership with Alpha Alternatives
DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND Cues, Aurernatives
Slide 30: Long-Term Strategic Partnership with Alpha Alternatives
| Long-Term Strategic Partnership with Alpha Alternatives © Key Terms of strategic partnership Dilip Buildcon Limited (DBL) entered into a long-term strategic partnership in Nov-23 with Alpha Alternatives (AA) for construction, financing and monetization of road projects through an InvIT platform AA
Slide 31: DBL - AA Partnership Update - Till Date
10% stake in DBL through preferential allotment of warrants | DBL - AA Partnership Update - Till Date 26% stake in 8 HAM Projects & InvIT registration > AAwith 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 consid
Slide 32: Key Projects Update
Slide 33: Key Project Progress - HAM Projects
| Key Project Progress - HAM Projects lo Project Name yment Mtestone (Grant) Appointed Date % of work done as on 1 Poondiyankuppam Highways Limited* 10th PM, 90% Physical progress 15.11.2021 98.36 2 Bangarupalem Gudipala Highways Limited 10th PM, 90% Physical progress 04.10.2022 93.63 3 Sannur Bikar
Slide 34: Key Project Progress - EPC Projects
| Key Project Progress - EPC Projects Project Name Contract Value ee Order Book Bhopal Metro 221 4 Indore Metro 204 9 Surat Metro Rail Project, Phase-1 (Package CS 6) 702 230 Ahmedabad Metro Rail Project, Phase-2 (Package C3) 724 188 9. @ in Cr.) Schedule Date of LOA Date Date of Start Completion wi
Slide 35: Key Project Progress - EPC Projects
| Key Project Progress - EPC Projects S) (incr) Special Bridge . Outstanding Order Book Schedule Date of Project Name Contract Value as on 31.03.2025 LOA Date Date of Start Completion with EOT Extra Dosed Bridge across Sharavathi Backwaters 322 1 Jul-19 Dec-19 Aug-25 Sahibganj Bypass including Ganga
Slide 36: Key Project Progress - EPC Projects
| Key Project Progress - EPC Projects Urban Development Py Outstanding Order Book Schedule Date of Project Name Contract Value as on 31.03.2025 LOA Date Date of Start Completion with EOT Construction of Observatory Towers and Viewing Galleries 459 459 - - - Optical Fiber Outstanding Order Book LOA D
Slide 37: Company Overview
DILIP BUILI INFRASTRU JILDCON LIMITED ICTURE & BEYOND, Company Overview HR
Slide 38: DBL - Overview
DBL - Overview Revenue growth 10 years CAGR of 13.00% Pan India presence 20 states & 1 Union Territory Largest owner of construction equipments 10,124 Early completion bonus FY 2012 to 2025 = 580 Cr DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND No subcontracting, vertically integrated € and use of
Slide 39: DBL - Journey
| DBL - Journey First backward integration by buying its 15t stone crusher Dilip Suryavanshi, a young civil engineer started Dilip Builders as a proprietorship firm with focus on real estate construction Converted to a private limited company to fulfil the growing ambitions of a young Company The Co
Slide 40: DBL - Journey
| DBL - Journey Sold complete portfolio of 24 road assets with an economic value of Rs. 10,500 Cr. making it the single largest road buyout © Enters into Tunnels and Highest ever order Crossed Coal MDO- Metros segments. won and Largest Turnover of Rs. Production Revenue grows to more Order book. 10,
Slide 41: Backward Integration
| Backward Integration AS) 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 Metal Beam Crash Barrier | Road Marking Paint Bu
Slide 42: Leadership Team
| Leadership Team Mr. Dilip Suryavanshi Chairman & MD Dilip Suryavanshi is the Chairman and Managing Director of our Company. He holds a bachelor’s degree in civil engineering from the University of Jabalpur. He has over 42 years of experience in the business of construction. He is currently the Pre
Slide 43: Leadership Team
| Leadership Team Bharat Singh President Bharat Singh joined Dilip Builders in 1988, prior to which he had a sole proprietorship concern. He has 39 years work of experience in the field of construction. At DBL, he is responsible for administration and management of finance and accounts. | EARNINGS P
Slide 44: 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 r
Slide 45: Thank You
Thank You Dilip Buildcon Limited Mr. Gautam Jain Registered Office : Plot No. 5, Inside Govind Narayan Singh Gate, Chuna Bhatti, Kolar Road, Bhopal Madhya Pradesh - 462 016 L45201MP2006PLC018689 Contact No : +91 99878 99747 Email : gautamjain@dilipbuildcon.co.in