Dilip Buildcon - The best-in-class execution!

(LTInvestor) #164

Agree on the revenue share. But DBL + other EPCs never went down for fundamentals. Purely sentiments + midcap massacre. Any clear win for BJP in MP will help sentiments part.

(himanjim) #165

Ratings update: http://www.careratings.com/upload/CompanyFiles/PR/Dilip%20Buildcon%20Limited-12-12-2018.pdf

main issues are rise in debt, increasing capital intensity compared to peers due to ownership of sizable equipment fleet, tense lending environment

(himanjim) #166

Long-term rating downgraded to ‘CRISIL A/Stable’ ; short-term rating reaffirmed


near full utilisation of bank limits, no mobilization advance for the projects leading to high working capital requirement

(skg) #167

Does anyone think this rating downgrade will impact DBL in long run? I think full utilization of bank limit might be for short term until DBL get advance from NHAI. Thoughts?