Dilip Buildcon Secures ₹40.2 Billion in LOAs, Strengthens Infra Play with DBL-Ramky Consortium

Dilip Buildcon Ltd (DBL) has received Letters of Acceptance (LOAs) for two major infrastructure projects collectively valued at ₹40.2 billion, reinforcing its leadership in India’s EPC and HAM segments. The announcement, made today, highlights DBL’s strategic momentum in water and urban transit infrastructure.

 

Key Project Wins:

The DBL-Ramky Consortium has bagged a ₹29.05 billion LOA for the Rajasthan Water Grid Project. The scope includes constructing a feeder pipeline from Isarda to Bandh Baretha in Bharatpur, with a 27-month execution timeline and 20-year O&M commitment under the Hybrid Annuity Model (HAM).

 

Separately, DBL-RBL JV secured an ₹11.15 billion LOA from Gurugram Metro Rail Ltd (GMRL) for building a viaduct and 14 elevated stations along the Millennium City Centre–Sector 9 corridor, including a spur to Dwarka Expressway and a depot ramp at Sector 33.

 

Strategic Outlook:

These wins align with DBL’s long-term growth strategy and bolster its order book across water distribution and urban mobility sectors.

 

DBL’s Q1 FY26 net profit surged 93.57% YoY to ₹271 crore, signaling strong financial health amid expanding project execution.

 

Sources: ProjX News, Business Standard, Stock Insights.