Slide 1: Exchange filing cover letter for Investor Presentation
July 29, 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(
Slide 2: Earnings Presentation Q1 FY26
G, WS) a 4 —/ DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND DILIP BUILDCON LIMITED EARNINGS PRESENTATION Q1, FY26 E/ BE 7 Fer En Airport hb Optical Fiber
Slide 3: Table of Content
© DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND. es Table of Content Business Highlights “Financial Highlights - Standalone and Consolidated Mining Business Update Equity and Divestment Tracker Strategic Partnership with Alpha Alternatives Key Projects Update 03 12 21 24 26 29 “CompanyOverview ssss
Slide 4: Business Highlights
© DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND. Business Highlights
Slide 5: Business Highlights
| Business Highlights LETTER OF ACCEPTANCE (LOA) RECEIVED LOA for Construction of Twin Tube Unidirectional Tunnel in the Kozhikode and Wayanad Districts of Kerala State | EARNINGS PRESENTATION Q1 FY26 | COMPLETED 2 PROJECTS WORTH & 1,605 Cr Completed 2 HAM projects worth = 1,605 Cr www.dilipbuildcon
Slide 6: Projects Completed in YTD FY26
| Projects Completed in YTD FY26 EPC Cost P Name of p 5 Scheduled COD with Actual/ Provisional the Clients Biclecu Name UNpacitens ceren EOT Completion Date National Highways Raipur-Visakhapatnam CG-2 . Authority of India Highways Limited Chhattisgarh HAM 925 08.04.2025 08.04.2025 . . Bangalore-Chen
Slide 7: Order Book as on 30 June 2025
I Order Book — as on 30* June 2025 ( Vertical Wise y Model Wise J Optical fibre, Special Bridge, % 964, (7%) % 264, (2%) Urban Development, % 459, (3%) Roads & Highways , % 2,439 , (18%) Tunnel, 21,757 , (13%), Irrigation, Metro, % 2,989 , (22%) % 286, (2%) Water Supply, = 584, (4%) zt ansd Box) ota
Slide 8: Order Book as on 30 June 2025
I Order Book as on 30* June 2025 I Business Division wise order book -— % 13,695 Cr. I MAAR CCCI IRRIGATION = 2,989 Cr. & 3,953 Cr. 21.83% 28.86% | EARNINGS PRESENTATION QI FY26 | | wwwadilipbuildcon.com | 7
Slide 9: Order Book as on 30 June 2025
I Order Book as on 30* June 2025 I Business Division wise order book - % 13,695 Cr. I TUNNEL OPTICAL FIBER URBAN DEVELOPMENTS 21,757 Cr. 2964 Cr. NIL 12.83% 7.04% - | EARNINGS PRESENTATION QI FY26 | | wwwadilipbuildcon.com | 8
Slide 10: Order Book Year wise Trend
| Order Book — Year wise Trend 25,595 25,395 17,432 14,923 13,695 FY22 FY23 FY24 FY25 Q1,FY26 —— | EARNINGS PRESENTATION QI FY26 | | wwwadilipbuildcon.com | 9
Slide 11: Geography Wise Order Book as on 30 June 2025
—— | EARNINGS PRESENTATION QI FY26 | 9 Jammu & Kashmir, 7.08% Himachal Prades! 1.07% Uttarakhand, 3.23% 9 Rajasthan, 2.69% 9 9 ia Gujarat, Jharkhand, or 9 = net, \ en an Karnataka, | Geography Wise Order Book as on 30% June 2025 Completed as on | Ongoing Gross 30.06.2025 30.06.2025 Jharkhand Odisha
Slide 12: NHAI/MORTH-HAM Portfolio / PWD (Goa) - Observatory Tower
NHAI/MORTH-HAM Portfolio / PWD (Goa) - Observatory Tower (Zin cr.) Particulars Bid Project Cost 19 HAM Projects: * Shrem Group/Shrem InvIT - 16 Projects -100% Divested * Cube Highways-3 Projects -100% Divested 1 29 Completed HAM Projects 36,466 10 HAM Projects: * 7 HAM Projects - 26% divested to Alp
Slide 13: Financial Highlights Standalone and Consolidated
CU © DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND Financial Highlights Standalone and Consolidated
Slide 14: Financial Highlights - Quarterly (Y-o-Y)
| Financial Highlights- Quarterly (Y-o0-Y) Profit after tax 161.70% 7 123 Q1FY25 Q1FY26 Profit after tax 93.57% ~——] v 271 Revenue from operations EBITDA excl. other income -14.76% “22.52% 5 i= 2 | CJ mol c i] £ ° - Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Revenue from operations EBITDA excl. other income 3
Slide 15: Financial Highlights - Quarterly (Q-o-Q)
J Financials Highlights- Quarterly (Q-0-Q) Standalone ao} o 2 i = i} Q < i} o —— | EARNINGS PRESENTATION QI FY26 | Revenue from operations EBITDA excl. other income 5 -2.87% | v Profit after tax [ 161.70% | - Revenue from operations -15.37% Q4FY25 Q1 FY26 EBITDA excl. other income —_ -21.33% | 661 Q
Slide 16: Standalone Profit & Loss Statement
| Standalone Profit & Loss Statement Revenue 2,010 2,358 -14.76% 2,315 -13.17% 9,004 Less:- Operating expenses 1,807 2,096 -13.79% 2,106 -14.20% 8,101 EBITDA excl. other income 203 262 -22.52% 209 -2.87% 903 EBITDA Margin (%) 10.10% 11.11% -1.01% 9.03% 1.07% 10.03% Add:- Other Income 28 13 115.38% 2
Slide 17: Consolidated Profit & Loss Statement
| Consolidated Profit & Loss Statement incr.) re rm vars en ee Revenue 2,620 3,134 -16.40% 3,096 -15.37% 11,317 Less:- Operating expenses 2,100 2,656 -20.93% 2,435 -13.76% 9,166 EBITDA excl. other income 520 478 8.79% 661 -21.33% 2,151 EBITDA Margin (%) 19.85% 15.25% 4.60% 21.35% -1.50% 19.01% Add:-
Slide 18: Standalone Balance Sheet
| Standalone Balance Sheet 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 assets (i)
Slide 19: 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 20: Quarterly - Working Capital Days
| Quarterly - Working Capital Days Jun'23 Sep'23 Dec'23 Mar'24 Jun'24 Sep'24 Dec'24 Mar'25, Jun'25 mmm DebtorDays maminventorydays mmmCreditorDays — Working Capital Days Working capital days increased from 75 days as on Mar’25 to 84 days as on Jun’25 | EARNINGS PRESENTATION QU FY26 | www.dilipbuildc
Slide 21: Quarterly - Net Debt to Equity ratio
| Quarterly — Net Debt to Equity ratio 0.51 0.25 0.26 0.26 0.09 —_** 0.04 0.04 0.04 0.03 0.03 0.03 0.02 —e- © ~ © ° o- —s Jun'23 Sep'23 Dec'23 Mar'24 Jun'24 Sep'24 Dec'24 Mar'25 Jun'25 =®=Net Debt/Equity —®-Equipment Debt/Equity —®=Working Capital Debt/Equity EN Net Debt 2,382 2,073 1,821 1,515 2,22
Slide 22: Mine Development and Operator (MDO) Business Update
Mine Development and Operator (MDO)- Business Update
Slide 23: MDO Business
i po - Business MDO Business - 2 94,166 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 Value Coal Reserves - 382.81 MMT aty Contracted Actual/Planne Coal dCoal Production Productio
Slide 24: MDO Performance
i) Mp0 - Performance SIARMAL OB Production (Mn BCM) 37 18.02 Coal Production (Mn MT) 5.42 18.53 Coal Dispatch (Mn MT) 4.72 16.42 | EARNINGS PRESENTATION QU FY26 | PACHHWARA OB Production (Mn BCM) 7.24 Coal Production (Mn MT) 2.90 6.87 4.61 5.94 Coal Delivered at Plant (Mn MT) 1.67 6.91 4.10 | www.di
Slide 25: Equity and Divestment Tracker
) DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND. Equity and Divestment Tracker
Slide 26: Equity and Divestment Tracker
Equity and Divestment Tracker Equity Invested Total Equity (Equity+USL+NCD) Balance Requi Upto June-25 Equity SMFY 26 FY 27 FY 28 FY 29 -FY 30 equirement : . y \ 2 Total Equity pel Ba DBL Required | Projected | Projected | Projected | Projected Invested till] DBL | Infra Assets | Infrat Infra Ventur
Slide 27: Strategic Partnership with Alpha Alternatives
DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND Cues, Atrernatives
Slide 28: 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 29: DBL - AA Partnership Update - Till Date
—— | EARNINGS PRESENTATION QI FY26 | | 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 pay
Slide 30: Key Projects Update
Slide 31: Key Project Progress - HAM/BOT Projects
| Key Project Progress - HAM/BOT Projects % of work done as Project Name Model ment Milestone (Grant) Achieved Appointed Date 1 Poondiyankuppam Highways Limited* HAM 10th PM, 90% Physical progress 15.11.2021 98.36 2 Bangarupalem Gudipala Highways Limited** HAM 10th PM, 90% Physical progress 04.10.20
Slide 32: Key Project Progress - EPC Projects
| Key Project Progress - EPC Projects Project Name Contract Value cnr g der Book Bhopal Metro 221 4 Indore Metro 204 9 Surat Metro Rail Project, Phase-1 (Package CS-6) 702 153 Ahmedabad Metro Rail Project, Phase-2 (Package C-3) 724 121 9. @ in Cr.) Schedule Date of LOA Date Date of Start Completion
Slide 33: Key Project Progress - EPC Projects
| Key Project Progress - EPC Projects incr) Special Bridge Project Name Contract Value as on 30.06.2025 Extra Dosed Bridge across Sharavathi Backwaters 322 1 Sahibganj Bypass including Ganga Bridge and Manihari Bypass 1,697 263 Outstanding Order Book Schedule Date of LOA Date Date of Start Completio
Slide 34: Company Overview
© DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND. Company Overview
Slide 35: 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 10,130 Early completion bonus FY 2012 to 2025 = 580 Cr DILIP BUILDCON LIMITED INFRASTRUCTURE & BEYOND No subcontracting, vertically integrated € and use of
Slide 36: 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 37: 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 38: 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. Bus Shelter Fabricated Casting Panels and Moulds Sign Boards “ | EAR
Slide 39: 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 40: 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 41: 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 42: 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