Dilip Buildcon Wins Rajasthan Water Grid Project Worth ₹2952 Crores; Share Price Surges

Dilip Buildcon Limited, through the DBL-RAMKY Consortium, has been declared as the L1 bidder for the Rajasthan Water Grid Project, a major infrastructure initiative in the state of Rajasthan. The order, valued at ₹2952 crores including GST, has been awarded by the Rajasthan Water Grid Corporation Limited under the Hybrid Annuity Model.

Project Details and Execution Timeline

The project involves the construction of a feeder from Isarda to Khura Chainpura to Bandh Baretha Bharatpur, including all its components, with operations and maintenance for a period of 20 years. The contract is to be executed over a period of 27 months. Awarded by a domestic entity, this project underscores Dilip Buildcon’s growing footprint in large-scale infrastructure development.

Dilip Buildcon Q1FY26 Earnings Results 

In Q1 FY26, the company posted revenue from operations of ₹2,620 crore, representing a 15.37% sequential decline from ₹3,096 crore in Q4 FY25 and a 16.40% drop compared to ₹3,134 crore in Q1 FY25. 

However, despite the contraction in revenue, EBITDA (excluding other income) came in at ₹520 crore, up 8.79% year-on-year from ₹478 crore, though lower by 21.33% against ₹661 crore in the preceding quarter.

Read More: Dilip Buildcon Shares in Focus: Revenue Fell While Profits Grew ~94% in Q1FY26!

Dilip Buildcon Share Price Performance 

As of August 18, 2025, at 9:30 AM, Dilip Buildcon share price is trading at ₹486.40 per share, reflecting a gain of 1.51% from the previous close price.

Conclusion

This new achievement positions Dilip Buildcon as a key player in Rajasthan’s water infrastructure expansion. With the project’s significant scope and long-term maintenance responsibility, it highlights the company’s capacity to handle complex and large-scale projects, while reinforcing its compliance with regulatory frameworks.

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