Dilip Buildcon Limited has informed the Exchange about Bagging/Receiving of orders/contracts
DBL · price
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Dilip Buildcon has received a Letter of Acceptance from the Narmada Water Resources, Water Supply & Kalpasar Department, Government of Gujarat for building a flood protection embankment on the Narmada river in Bharuch district on an EPC basis. The project is valued at Rs. 698.49 crore (excluding GST) and must be completed within 24 months. This is a domestic government contract with no related party interest from the promoter group. The company had earlier disclosed receiving an initial announcement related to this order on February 17, 2026, and has now confirmed the formal LOA.
This Rs. 698 Cr order strengthens DBL's order book visibility and adds to its infrastructure pipeline from a government client, which is a positive for revenue assurance over the next two years. For shareholders, it signals continued order flow momentum, though the stock reaction will depend on the order's size relative to the company's annual revenue and execution margins.