Rs 25,395 crore order book: This small-cap company receives an order worth Rs 699.03 crore!

The company completed 9,052.90 crore worth of projects in FY23.

Dilip Buildcon Ltd, a leading Engineering Procurement and Construction (EPC) company has declared as an L-1 bidder for the tender floated by the Water Resource Department in the state of Madhya Pradesh, District -Mandsaur from Vijay Kumar Mishra Construction Pvt Ltd. The order is worth Rs 699.03 crore and will be completed within 36 months from LOI.

The company also bagged a total of 10,918.10 crore orders in FY22-23 and with this, the company's total order book stands at Rs 25,395 crore. Furthermore, the company completed 9,052.90 crore worth of projects in FY23.

According to the financials, Dilip Buildcon has a market cap of Rs 2,443.25 crore. The net sales increased by 14.01 per cent and the net profit increased by 1,852.61 per cent in Q4FY23 over Q4FY22. The net sales increased by 12.36 per cent and the net profit increased by 357.96 per cent in FY23 over FY22.

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Dilip Buildcon Limited is presently in the business of development of infrastructure facilities on an EPC basis and undertakes contracts from various Governments and other parties and special purpose vehicles promoted by the Company.

On Friday, shares of Dilip Buildcon Ltd plunged 2.45 per cent to Rs 167.10 per share with the day’s high of Rs 177.60 and low of Rs 159.70.

The stock gave multibagger returns of 110 per cent in just 3 years. Investors should keep an eye on this stock.