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Dilip Buildcon slips despite reporting 11% rise in Q4 net profit

30 May 2018 Evaluate

Dilip Buildcon is currently trading at Rs. 945.20, down by 107.95 points or 10.25% from its previous closing of Rs. 1053.15 on the BSE.

The scrip opened at Rs. 1036.90 and has touched a high and low of Rs. 1036.90 and Rs. 901.10 respectively. So far 128951 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1248.35 on 15-May-2018 and a 52 week low of Rs. 405.05 on 27-Jun-2017.

Last one week high and low of the scrip stood at Rs. 1,080.00 and Rs. 901.10 respectively. The current market cap of the company is Rs. 13348.73 crore.

The promoters holding in the company stood at 75.63%, while Institutions and Non-Institutions held 16.63% and 7.74% respectively.

Dilip Buildcon has reported a rise of 11.03% in its net profit at Rs 217.36 crore for the quarter ended March 31, 2018 as compared to Rs 195.77 crore for the same quarter in the previous year. Total income of the company increased by 46.11% at Rs 2561.97 crore for quarter under review as compared to Rs 1753.46 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 71.86% in its net profit at Rs 620.30 crore as compared to Rs 360.94 crore for the previous year. Total income of the company increased by 51.91% at Rs 7761.40 crore for year under review as compared to Rs 5109.07 crore for the year ended March 31, 2017.

Peers
Company Name CMP
Lodha Developers 1116.00
Prestige EstatesProj 1458.00
Dilip Buildcon 405.50
DLF 664.00
Oberoi Realty 1825.20
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