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Last Updated on: 10 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Dilip Buildcon Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: December 9, 2024, 11:00 pm

Market Cap 7,322 Cr.
Current Price 500
High / Low588/341
Stock P/E26.7
Book Value 316
Dividend Yield0.20 %
ROCE10.5 %
ROE1.37 %
Face Value 10.0
PEG Ratio-1.28

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Dilip Buildcon Ltd

Competitors of Dilip Buildcon Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Genus Prime Infra Ltd 38.5 Cr. 25.835.1/13.8 32.30.00 %2.80 %4.09 % 2.00
Ekansh Concepts Ltd 222 Cr. 147157/41.6 32.20.00 %8.19 %0.25 % 10.0
Dhruv Consultancy Services Ltd 212 Cr. 133168/56.235.9 62.90.37 %12.1 %9.57 % 10.0
Crane Infrastructure Ltd 17.3 Cr. 23.940.0/16.720.4 41.40.00 %6.44 %4.99 % 10.0
Brahmaputra Infrastructure Ltd 187 Cr. 64.4114/52.511.0 62.10.00 %10.6 %10.6 % 10.0
Industry Average1,542.50 Cr158.2440.4477.760.09%9.77%13.06%8.15

All Competitor Stocks of Dilip Buildcon Ltd

Quarterly Result

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales2,1872,7463,1352,4382,2192,2462,6642,8842,5962,3222,8412,9212,849
Expenses1,7342,1162,5511,9822,1662,2002,4452,6072,2442,1652,6712,5272,508
Operating Profit4526305844565345219277352157170394341
OPM %21%23%19%19%2%2%8%10%14%7%6%13%12%
Other Income9101922-198151539503104824135
Interest293324252317211272256290282201128256261
Depreciation11311199108941009899101101979796
Profit before tax5520625253-450-176-131-7419165-764118
Tax %69%12%33%44%2%45%69%25%33%33%-859%81%38%
Net Profit1718218633-445-97-41-5513110-701273
EPS in Rs0.647.849.04-1.09-30.40-1.31-3.80-3.691.167.59-5.000.874.69

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,1901,9192,3842,7624,2065,2277,8919,4039,70110,1669,56410,63010,933
Expenses9261,4461,8592,0753,2254,0676,4207,6387,6318,0328,7889,6739,871
Operating Profit2644735246879811,1601,4721,7652,0702,1337769571,062
OPM %22%25%22%25%23%22%19%19%21%21%8%9%10%
Other Income371871612414610570-22447516
Interest591152013545195555908721,1361,1741,057901846
Depreciation4476100206200245292362470443400398392
Profit before tax164290242133277372631577569586-704103340
Tax %34%17%23%34%17%4%10%6%29%29%22%101%
Net Profit10824118688230358578547405437-550-1126
EPS in Rs30.6968.4752.707.4819.6226.1542.2340.3826.1619.49-37.540.068.15
Dividend Payout %1%0%1%1%0%4%2%2%4%5%-0%156%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)123.15%-22.82%-52.69%161.36%55.65%61.45%-5.36%-25.96%7.90%-225.86%99.82%
Change in YoY Net Profit Growth (%)0.00%-145.97%-29.87%214.05%-105.71%5.80%-66.82%-20.60%33.86%-233.76%325.68%

Dilip Buildcon Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:18%
5 Years:5%
3 Years:6%
TTM:8%
Compounded Profit Growth
10 Years:-11%
5 Years:-36%
3 Years:-39%
TTM:425%
Stock Price CAGR
10 Years:%
5 Years:6%
3 Years:-4%
1 Year:25%
Return on Equity
10 Years:7%
5 Years:-1%
3 Years:-6%
Last Year:1%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 12:37 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital3535117117137137137137137146146146146
Reserves4766606888151,5822,1392,6693,0053,2633,4043,8554,0904,468
Borrowings1,3882,0683,5123,6304,2304,9497,4069,06010,5088,7836,6587,2409,038
Other Liabilities4978051,2761,7142,0713,3514,2274,5314,4604,0074,7805,1705,157
Total Liabilities2,3953,5685,5936,2768,01910,57514,43916,73318,36816,34115,43916,64718,809
Fixed Assets6741,2822,1931,6551,9672,0443,0312,9082,7301,7891,5291,5311,412
CWIP53149141504601,6232,7362,8403,8933,3852,6582,8322,721
Investments000000689370964857857
Other Assets1,1911,7962,9854,6215,5926,9098,60410,97611,70911,16610,28811,42713,819
Total Assets2,3953,5685,5936,2768,01910,57514,43916,73318,36816,34115,43916,64718,809

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +1721773762696141,2991,169441,0821,6242,8451,070
Cash from Investing Activity +-586-664-1,038-171-1,007-1,518-2,512-278-1,323206-202-369
Cash from Financing Activity +373505856-2484403501,569502261-2,295-3,028-431
Net Cash Flow-4118194-1514713222726820-466-385270

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow264.00472.00522.00684.00978.00-3.00-3.00-6.00-7.00-8.00768.00951.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days109153167806653454442374839
Inventory Days253289512586336341345381378280272
Days Payable174258448380252237216260249254226
Cash Conversion Cycle188184231286661371491731631657485
Working Capital Days136921151139896106102148191135111
ROCE %26%19%14%18%18%18%17%14%13%3%5%11%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters70.15%70.15%70.15%70.15%70.15%70.15%70.15%70.15%70.15%70.15%70.15%70.15%
FIIs10.79%9.60%7.77%6.35%6.31%5.56%4.70%2.56%2.69%2.89%2.89%2.80%
DIIs11.08%10.17%9.11%9.12%9.12%9.10%9.03%9.03%9.06%9.11%9.08%9.17%
Public7.98%10.08%12.97%14.38%14.42%15.18%16.12%18.26%18.09%17.86%17.89%17.87%
No. of Shareholders60,78155,99580,81889,77387,90088,92889,33587,42681,71178,58680,12273,669

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Mid-Cap Opportunities Fund - Regular Plan6,148,0900.39187.121002024-12-066147990%
HDFC Capital Builder Value Fund - Regular Plan616,0640.3318.751002024-12-06615964%
HDFC Infrastructure Fund - Regular Plan187,6120.65.711002024-12-06187512%
Motilal Oswal Nifty Microcap 250 Index Fund43,5000.291.321002024-12-0643400%
Groww Nifty Total Market Index Fund1000.0101002024-12-060%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)13.75-0.10-37.7731.9229.64
Diluted EPS (Rs.)13.36-0.10-37.7731.9229.64
Cash EPS (Rs.)39.6527.16-10.2562.9763.99
Book Value[Excl.RevalReserv]/Share (Rs.)298.85273.68242.78275.83241.54
Book Value[Incl.RevalReserv]/Share (Rs.)298.85273.68242.78275.83241.54
Revenue From Operations / Share (Rs.)821.52727.94654.27743.46711.04
PBDIT / Share (Rs.)107.0570.0755.47158.70153.92
PBIT / Share (Rs.)81.1542.8228.13126.32119.52
PBT / Share (Rs.)33.637.07-48.1242.8841.60
Net Profit / Share (Rs.)13.75-0.09-37.5930.5929.59
NP After MI And SOA / Share (Rs.)13.270.06-37.5419.4926.16
PBDIT Margin (%)13.039.628.4721.3421.64
PBIT Margin (%)9.875.884.2916.9916.80
PBT Margin (%)4.090.97-7.355.765.85
Net Profit Margin (%)1.67-0.01-5.744.114.16
NP After MI And SOA Margin (%)1.610.00-5.732.623.67
Return on Networth / Equity (%)4.440.02-15.457.8411.21
Return on Capital Employeed (%)12.047.354.0515.0515.91
Return On Assets (%)1.160.00-3.351.452.13
Long Term Debt / Equity (X)1.160.981.682.061.88
Total Debt / Equity (X)1.661.662.472.822.62
Asset Turnover Ratio (%)0.740.660.600.650.70
Current Ratio (X)1.321.241.441.211.18
Quick Ratio (X)0.810.750.880.760.77
Dividend Payout Ratio (NP) (%)0.75156.37-2.665.133.82
Dividend Payout Ratio (CP) (%)0.250.36-9.801.921.65
Earning Retention Ratio (%)99.25-56.37102.6694.8796.18
Cash Earning Retention Ratio (%)99.7599.64109.8098.0898.35
Interest Coverage Ratio (X)1.551.140.761.851.85
Interest Coverage Ratio (Post Tax) (X)0.880.570.531.331.29
Enterprise Value (Cr.)13188.368699.0511725.5017082.0410560.44
EV / Net Operating Revenue (X)1.100.811.231.681.09
EV / EBITDA (X)8.438.4914.467.875.02
MarketCap / Net Operating Revenue (X)0.550.230.360.780.29
Retention Ratios (%)99.24-56.37102.6694.8696.17
Price / BV (X)1.530.610.992.330.90
Price / Net Operating Revenue (X)0.550.230.360.780.29
EarningsYield0.020.00-0.150.030.12

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Dilip Buildcon Ltd as of December 10, 2024 is: 115.82

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 10, 2024, Dilip Buildcon Ltd is Overvalued by 76.84% compared to the current share price 500.00

Intrinsic Value of Dilip Buildcon Ltd as of December 10, 2024 is: 91.72

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 10, 2024, Dilip Buildcon Ltd is Overvalued by 81.66% compared to the current share price 500.00

Last 5 Year EPS CAGR: -20.80%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (6.08 cr) and profit (275.38 cr) over the years.
  1. The stock has a low average ROCE of 14.67%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 120.25, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 158.42, which may not be favorable.
  4. The company has higher borrowings (6,036.15) compared to reserves (2,393.38), which may suggest financial risk.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Dilip Buildcon Ltd:
    1. Net Profit Margin: 1.67%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 12.04% (Industry Average ROCE: 8.8%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 4.44% (Industry Average ROE: 10.45%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 0.88
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.81
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 26.7 (Industry average Stock P/E: 26.29)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 1.66
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Dilip Buildcon Ltd. is a Public Limited Listed company incorporated on 12/06/2006 and has its registered office in the State of Madhya Pradesh, India. Company’s Corporate Identification Number(CIN) is L45201MP2006PLC018689 and registration number is 018689. Currently Company is involved in the business activities of Construction and maintenance of motorways, streets, roads, other vehicular and pedestrian ways, highways, bridges, tunnels and subways. Company’s Total Operating Revenue is Rs. 9006.15 Cr. and Equity Capital is Rs. 146.22 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Infrastructure - GeneralPlot No. 5, Inside Govind Narayan Singh Gate, Bhopal Madhya Pradesh 462016db@dilipbuildcon.co.in
http://www.dilipbuildcon.com
Management
NamePosition Held
Mr. Dilip SuryavanshiChairman & Managing Director
Mr. Devendra JainManaging Director & CEO
Mr. Satish Chandra PandeyIndependent Director
Mr. Vijay ChhibberIndependent Director
Mr. Malay MukherjeeIndependent Director
Ms. Ratna Dharashree VishwanathanIndependent Director

FAQ

What is the latest intrinsic value of Dilip Buildcon Ltd?

The latest intrinsic value of Dilip Buildcon Ltd as on 10 December 2024 is ₹115.82, which is 76.84% lower than the current market price of ₹500.00. The stock has a market capitalization of 7,322 Cr. and recorded a high/low of ₹588/341 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹4,468 Cr and total liabilities of ₹18,809 Cr.

What is the Market Cap of Dilip Buildcon Ltd?

The Market Cap of Dilip Buildcon Ltd is 7,322 Cr..

What is the current Stock Price of Dilip Buildcon Ltd as on 10 December 2024?

The current stock price of Dilip Buildcon Ltd as on 10 December 2024 is 500.

What is the High / Low of Dilip Buildcon Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Dilip Buildcon Ltd stocks is 588/341.

What is the Stock P/E of Dilip Buildcon Ltd?

The Stock P/E of Dilip Buildcon Ltd is 26.7.

What is the Book Value of Dilip Buildcon Ltd?

The Book Value of Dilip Buildcon Ltd is 316.

What is the Dividend Yield of Dilip Buildcon Ltd?

The Dividend Yield of Dilip Buildcon Ltd is 0.20 %.

What is the ROCE of Dilip Buildcon Ltd?

The ROCE of Dilip Buildcon Ltd is 10.5 %.

What is the ROE of Dilip Buildcon Ltd?

The ROE of Dilip Buildcon Ltd is 1.37 %.

What is the Face Value of Dilip Buildcon Ltd?

The Face Value of Dilip Buildcon Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Dilip Buildcon Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE