Dolat Capital: Dilip Buildcon Posts Stable Q2, Valuations Appear Fair  

Dolat Capital: Dilip Buildcon Posts Stable Q2, Valuations Appear Fair

Cranes operate at a construction site in New Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Dilip Buildcon Ltd. reported revenue and profit after tax above estimates and Ebitda margins in-line with estimates.

The company posted 6.4%/ down 4.8%/ down 18.1% YoY growth in revenue/ Ebitda/ adjusted profit after tax to Rs 19.3 billion/ Rs 3.1 billion/ Rs 473 million in Q2 FY21.

We increase our revenue estimates by 3.1%/ 3.1% for FY21E/ FY22E factoring H1 FY21 results. We maintain Ebitda margin estimates for FY21E/ FY22E.

Click on the attachment to read the full report:

Dolat Capital Dilip Buildcon Q2FY21 Result Update.pdf
Read Document

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

lock-gif
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Still Not convinced ?  Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES