Dilip Buildcon Limited has informed the Exchange about Bagging/Receiving of orders/contracts
DBL · price
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Awaiting price reaction for this filing.
Dilip Buildcon, through its joint venture DBL-RBL JV, has been declared the L-1 (lowest) bidder for a Rs. 1,503.63 crore metro construction contract from Gurugram Metro Rail Limited (GMRL). The project involves building a viaduct, 14 elevated stations, and supporting works for a 26.65 km stretch of the Gurugram Metro Corridor between Millennium City Centre and Cyber City, along with a 1.85 km spur to Dwarka Expressway — covering 27 stations in total. The contract is on an item-rate basis with a 30-month completion timeline. As L-1 bidder, formal award is typically the next step. The order is a domestic government-backed infrastructure contract, not a related-party transaction.
A sizeable order win that strengthens Dilip Buildcon's order book visibility for the next 2.5 years in the metro segment. Positive signal for revenue pipeline, though execution risks and competitive pricing in an item-rate contract remain factors to watch.