It forms part of the extension of the Chennai–Bengaluru Industrial Corridor (CBIC) to Kochi via Coimbatore. The EPC contract is to be executed over 42 months, the company said in a stock exchange filing.
Ahead of the announcement, shares of Dilip Bundcon closed 0.53% lower at ₹556.50 on the NSE.The new order adds to the company’s robust pipeline. Last month, DBL announced that its joint venture with RBL Bank had secured the lowest bid for a ₹1,503.6 crore Gurugram Metro rail project, covering the Millennium City Centre–Cyber City corridor and a spur to Dwarka Expressway, with 27 stations planned.
Also Read: KEC International shares gain nearly 8% after winning orders worth ₹3,243 crore in UAE, AmericasFinancially, DBL reported a 93.6% year-on-year surge in consolidated net profit to ₹271 crore for Q1 FY26, aided by improved margins and an exceptional gain. EBITDA rose 8.7% to ₹520 crore, with margins expanding to 19.8%. However, revenue dipped 16.4% to ₹2,620 crore, reflecting muted EPC activity.
As of June 30, 2025, DBL’s order book stood at ₹13,695 crore, led by mining (28.9%) and roads/highways (17.8%), with contributions from irrigation, tunnels, water supply, urban development, and metro projects.
The latest Kerala order reinforces Dilip Buildcon’s position as a key EPC player across roads, metro, and industrial corridor infrastructure, underpinning its growth trajectory despite sectoral challenges.

