Dilip Buildcon Receives ₹160.20 Crore EPC Road Construction Order in Odisha

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Dilip Buildcon Limited has received a Letter of Award (LOA) worth ₹160.20 crore (excluding GST) from Odisha Bridge & Construction Corporation Limited (OB&CC Ltd.) for the construction of a six-lane service road and diversion road project in Sundargarh district, Odisha. The project will be executed on an Engineering, Procurement and Construction (EPC) basis over 18 months.

PRICE-SENSITIVE TRIGGER

Event: Receipt of Letter of Award (LOA) for an EPC road infrastructure project.

Type: Order Win

Impact: Positive

Immediate Effect: Strengthens the company’s EPC order book with a ₹160.20 crore road construction contract.

highlight:

  • Order Value: ₹160.20 crore (excluding GST)
  • Execution Period: 18 months
What Happened ?

Dilip Buildcon Limited informed the exchanges that it has received a Letter of Award (LOA) from Odisha Bridge & Construction Corporation Limited (OB&CC Ltd.) for the construction of a diversion road from 4/700 km to 11/500 km of the Duduka–Gopalpur–Toparia Road (six-lane with service road) in Sundargarh district, Odisha.

The project will be executed on an Engineering, Procurement and Construction (EPC) basis.

Key Details

Operational Highlights:

  • Awarding Authority: Odisha Bridge & Construction Corporation Limited (OB&CC Ltd.)
  • Order Value: ₹160.20 crore (excluding GST)
  • Nature of Contract: EPC road construction project
  • Project: Construction of diversion road from 4/700 km to 11/500 km of Duduka–Gopalpur–Toparia Road (6-lane with service road)
  • Location: Sundargarh district, Odisha
  • Execution Period: 18 months
  • Awarded by a domestic entity
  • No promoter or related party interest in the awarding entity
  • Transaction is not a related party transaction
Risk Analysis

Summary:

  • Timely execution within the 18-month schedule and effective cost management will be important for margin realization.

Key Risks:

  • Construction delays may impact execution timelines.
  • Cost inflation could affect project profitability.
  • Delays in approvals or site availability may slow progress.
  • Revenue recognition will depend on project execution milestones.

Worst Case:

  • Project delays or cost overruns could reduce profitability and postpone revenue realization.

Risk Level: Medium

Company Commentary
  • The company has received an LOA from OB&CC Ltd. for the EPC road project.
  • The contract value is ₹160.20 crore (excluding GST).
  • The project will be completed within 18 months.
  • The awarding entity is domestic, with no promoter interest or related-party involvement.

Official Exchange Filing: Dilip Buildcon Limited

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