Rs 13,695 crore order book: EPC company emerges as L1 bidder for order worth Rs 1,115.37 crore from The Kerala Industrial Corridor Development Corporation Ltd

Dilip Buildcon Ltd has been declared the L-1 bidder for a new project in Kerala, securing a contract worth Rs 1,115.37 crore (excluding GST). The order was awarded by the Kerala Industrial Corridor Development Corporation Limited. The project is for the design, construction, testing, commissioning, and operation & maintenance of infrastructure works at Pudussery Central and Kannambra in Palakkad as part of the Chennai Bengaluru Industrial Corridor (CBIC) extension to Kochi via Coimbatore.

The contract is on an Engineering, Procurement & Construction (EPC) basis and is a domestic project. Dilip Buildcon Ltd secured the project through a joint venture with PSP, with a 74% stake. The time period for the execution of the project is 42 months. The announcement was made in accordance with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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. The company has a market cap of over Rs 9,000 crore. 

On Wednesday, shares of Dilip Buildcon Ltd gained 5.95 per cent to Rs 587.90 per share from its previous closing of Rs 555 per share. The stock’s 52-week high is Rs 587.90 per share and its 52-week low is Rs 363.45 per share. The shares of the company saw a spurt in volume by more than 1.2 times on the BSE.

As of June 30, 2025, the company's order book stood at Rs 13,695 crore, with orders from various business divisions, including roads & highways, metro, irrigation and water supply. The stock is up over 60 per cent from its 52-week low of Rs 363.45 per share.

Disclaimer: The article is for informational purposes only and not investment advice.