Working capital cycle elongation impacting cash flow
Working capital days have moved marginally from 131 to 133 days. Administrative delays on project approvals and payments have persisted. This is cyclical but affects near-term cash generation.
Dilip Buildcon · Material risks, their source context, and severity in the latest available quarter.
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Working capital days have moved marginally from 131 to 133 days. Administrative delays on project approvals and payments have persisted. This is cyclical but affects near-term cash generation.
Global crude price uncertainties continue to weigh on fuel Bitumen and related input costs. While government has provided some relaxation (60-65% for cement, steel), commodity price volatility remains a concern for execution margins.
An analyst specifically asked about the impact of the Kerala tunnel collapse incident on DBL's technical scores and future tunneling bids. Management attributed it to natural calamity but did not fully address competitive positioning risk.
To achieve FY27 target of 27 MMT (up from 4.79 MMT in Q1), DBL needs ~83% growth in remaining quarters. Coal Handling Plant completion timeline and operational ramp at Pachwara are critical execution points.