Synopsis:
Dilip Buildcon’s JV declared L-1 bidder for Rs. 1,503.63 crore Gurugram Metro project, involving viaducts, stations, and key infrastructure over 15.22 km.

During Monday’s trading session, shares of one of the leading full-service infrastructure companies moved up by nearly 4.4 percent on BSE, after the company announced securing an order worth Rs. 1,503.6 crores from Gurugram Metro Rail Limited.

At 10:55 a.m., the shares of Dilip Buildcon Limited were trading in the green at Rs. 471.25 on BSE, up by around 3 percent, as against its previous closing price of Rs. 458, with a market cap of Rs. 6,890 crores. The stock has delivered negative returns of over 6 percent in the last year, and has fallen by around 6 percent in the last month.

What’s the News

According to the latest regulatory disclosures, Dilip Buildcon Limited, through the DBL-RBL (Ranjit Buildcon Limited) joint venture, has emerged as the lowest (L-1) bidder for a tender floated by Gurugram Metro Rail Limited (GMRL) in Haryana. The contract is valued at Rs. 1,503.63 crores, with a completion period of 30 months and a total project length of 15.22 kilometres.

The scope of work includes the construction of a viaduct and 14 elevated metro stations from Millennium City Centre to Sector 9 (inclusive), spanning from chainage (-)381 m to 12,603 meters. It also involves a 1.85 km spur to the Dwarka Expressway, a ramp to Depot at Sector 33, and an underpass at Bhaktawar Chowk.

The project excludes pre-engineered building (PEB) and architectural finishing works of Gurugram Metro Corridor between Millennium City Centre and Cyber City (26.65 Km) and a spur from Basai Village to Dwarka Expressway (1.85 Km), comprising a total of 27 stations.

Financials & more

Dilip Buildcon reported a decline in its revenue from operations, showing a year-on-year decrease of around 16 percent from Rs. 3,134 crores in Q1 FY25 to Rs. 2,620 crores in Q1 FY26. In contrast, its net profit increased during the same period from Rs. 140 crores to Rs. 271 crores, representing a significant rise of about 94 percent YoY.

Dilip Buildcon Limited is engaged in the business of development of infrastructure facilities on an Engineering Procurement and Construction basis (EPC) and undertakes contracts from various Government and other parties and special purpose vehicles promoted by the company.

The company is one of the leading full-service infrastructure companies with construction capabilities in roads & bridges, mining, water sanitation, sewage, dams, irrigation, airport, metro & railways, optical fibre, industrial, commercial, and residential buildings with a presence in over 20 states & 1 union territory.

As of June 2025, the company’s order book stood at Rs. 13,695 crores from nine verticals, including roads & highways, irrigation, water supply, metro, tunnel, mining and more.

Written by Shivani Singh

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