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

https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/Dilip_Buildcon_Limited_January_08_2019_RR.html

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?