Dilip Buildcon Secures Rs 879.30 Crore Highway Project in Tamil Nadu

Dilip Buildcon Limited (DBL), a prominent infrastructure company, has been declared the lowest bidder (L-1) for a significant highway project in Tamil Nadu. The project, awarded by the National Highways Authority of India (NHAI), involves the four-laning of a 46.665 km stretch from Paramakudi to Ramanathapuram.

Project Details

Aspect	Details
Project Description	4-laning of Paramakudi to Ramanathapuram Section of NH49 New NH87
Location	Tamil Nadu
Project Length	46.665 km (from Km 80.360 to Km 127.025)
Contract Value	Rs 879.30 crores (excluding GST)
Execution Mode	Hybrid Annuity Mode (HAM)
Completion Period	24 months
Operation Period	15 years from the Commercial Operation Date (COD)

Key Points

The project is part of the National Highways Development Program, aimed at improving road infrastructure in India.
Dilip Buildcon secured this project through a competitive bidding process, emerging as the L-1 bidder.
The Hybrid Annuity Mode (HAM) of execution is a public-private partnership model that combines features of the build-operate-transfer (BOT) annuity and EPC (Engineering, Procurement, and Construction) models.

Company Disclosure

In compliance with regulatory requirements, Dilip Buildcon has made the following disclosures:

The project does not fall under related party transactions.
The promoter group companies have no interest in the awarding entity (NHAI).
The company's trading window for insiders and designated persons is closed until 48 hours after the declaration of financial results for the quarter ended September 30, 2025.

This project win strengthens Dilip Buildcon's order book and reinforces its position in the infrastructure development sector. The successful execution of this project is expected to contribute to the company's long-term growth and profitability while also enhancing road connectivity in Tamil Nadu.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.57%	-1.61%	-2.20%	+9.00%	+0.68%	+44.49%

Dilip Buildcon , a prominent player in the infrastructure sector, has announced ambitious expansion plans for its Infrastructure Investment Trust (InvIT). The company's InvIT, which currently manages seven Hybrid Annuity Model (HAM) road projects, is set to significantly increase its portfolio value over the next few years.

Current Portfolio and Expansion Target

Metric	Current Value	Target Value	Timeframe
Number of HAM Road Projects	7	Not Specified	-
Enterprise Value	₹4,500 crore	₹20,000-₹30,000 crore	2-3 years

Dilip Buildcon's InvIT presently holds a portfolio of seven HAM road projects, collectively valued at ₹4,500 crore. However, the company has set its sights on a substantial expansion, aiming to grow its portfolio value to between ₹20,000 crore and ₹30,000 crore over the next two to three years.

Implications of the Expansion

This planned expansion represents a significant scaling up of Dilip Buildcon's InvIT operations. If successful, it would mean a four to six-fold increase in the trust's enterprise value. Such growth could potentially:

Enhance the company's position in the infrastructure sector
Provide increased opportunities for investors in infrastructure assets
Contribute to the development of India's road infrastructure

The company's focus on HAM road projects through its InvIT structure suggests a strategic approach to infrastructure development and investment. HAM projects, which involve a combination of government support and private investment, have become an increasingly popular model in India's road sector.

As Dilip Buildcon moves forward with its expansion plans, market observers will likely keep a close watch on the company's progress in achieving this ambitious target. The success of this initiative could have significant implications not only for Dilip Buildcon but also for the broader infrastructure and InvIT landscape in India.