Dilip Buildcon had a positive debut on the bourses and its stock was trading 13 percent higher than the listing price intraday Thursday.
Post listing, Devendra Jain, CEO of Dilip Buidcon told CNBC-TV18 that the company will maintain its EBITDA margins in the range of 18-20 percent and aims to clock a revenue of Rs 5000 crore for this fiscal.
The company had a revenue of Rs 4100 crore last year and plans expects a growth of 20 percent for this fiscal, he said.
Dilip Buidcon's current orderbook stands at Rs 10,800 crore and as the company keeps its order inflow 2 to 2.5 times its revenue target, Jain said that he is confident of winning orders worth Rs 10,000 crore in the next two years.
The majority of the company's business comes from Madhya Pradesh and accounts for 40 percent of its orderbook, Jain said.
The company is well diversified and has a presence in 12 other states as well, he added.Watch video for more.
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