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Net Sales are expected to increase by 3.5 percent Y-o-Y (up 4.9 percent Q-o-Q) to Rs 2,587.2 crore, according to YES Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) up 9.9 percent at Rs 541.6 crore, while margin was at 21.1 percent, YoY.
Kotak Institutional Equities also maintained its buy rating on the stock, but slashed price target to Rs 665 from Rs 735 earlier after lowering order inflow estimates for FY20.
Net Sales are expected to decrease by 22.1 percent Y-o-Y (down 26.2 percent Q-o-Q) to Rs. 1,896.7 crore, according to Kotak.
The brokerage expects its coverage universe to post strong result despite NHAI awarding lesser number of contracts than expected
Net Sales are expected to increase by 20.9 percent Y-o-Y (up 44.6 percent Q-o-Q) to Rs. 2,348 crore, according to HDFC Securities.
Credit Suisse has maintained Outperform rating on Dilip Buildcon as it expects revenue/EBITDA CAGR of 20 percent over FY18-20.
Net Sales are expected to increase by 73.6 percent Y-o-Y (down 8.1 percent Q-o-Q) to Rs. 2,350 crore, according to HDFC.
Net Sales are expected to increase by 26.7 percent Y-o-Y (up 14.2 percent Q-o-Q) to Rs. 2,218 crore, according to HDFC Securities.
On an average, there was a 4% increase in the sales turnover of the 14 mid and small size construction companies that have reported results so far.
Dilip Buildcon posted a strong set of Q2 earnings. The EBITDA has jumped over 80 percent for the company this quarter aided by lower other expenses. In an interview with Rohan Suryavanshi, Head of Strategy and Planning at the company discussed all the details.
Dilip Buildcon posted a good set of Q1 earnings. In an interview to CNBC-TV18, Rohan Suryavanshi, Head - Strategy and Planning at Dilip Buildcon discussed about the same.
In an interview to CNBC-TV18, Rohan Suryavanshi, Head-Strategy & Planning at Dilip Buildcon spoke about the results and his outlook for the company.
Around 40 percent of its business comes from the first half of the year and 60 percent from the second half. So a lot of projects will reach the peak stage in the second half of current fiscal. So Dilip Buildcon's Head of Strategy and Planning, Rohan Suryavanshi expects a strong secong half.