Business Overview
Dhariwal is a leading road construction companies in India, specializing in the development of highways, bridges, railway overbridges and tunnels. The Company undertakes projects for the Border Roads Organisation, state highways, PMGSY roads, rural infrastructure and other civil construction works. It has established itself as a key player in the road engineering, procurement and construction (EPC) segment. Its efficient business model, strategic equipment base and emphasis on operational excellence position the Company as a trusted partner in India’s infrastructure development. With a pan-India presence and a healthy, diversified order book, Dhariwal has consistently demonstrated its ability to cater to varied client requirements, achieving a revenue CAGR of 36.53% between Fiscal 2023 and Fiscal 2025.
Dhariwal Buildtech IPO Size
Objects of Issue
- Repayment of certain outstanding borrowings availed by the Company
- Investment in subsidiaries for repayment of outstanding borrowings.
- Funding capital expenditure for purchase of construction equipment by the Company
- General corporate purposes
Dhariwal Buildtech IPO Financial Performance
(Rs. in crores)
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue | 1,152.98 | 921.12 | 618.51 |
| PAT | 160.59 | 110.15 | 64.39 |
| Net Worth | 416.52 | 257.00 | 137.60 |
| Borrowings | 484.09 | 161.17 | 75.68 |
| Assets | 1,053.42 | 604.43 | 286.72 |
| NAV (₹) | 43.78 | 27.80 | 16.97 |
| EPS (₹) | 16.91 | 11.94 | 7.91 |
Key Performance Indicators (KPIs)
EBITDA
21.39%
PAT
13.93%
ROE
38.56%
ROCE
24.64%
Debt to Equity
1.16
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Promoter Holding
Promoter
99.63%
Public
0.37%
Management
Registrar & Lead Managers
Registrar
MUFG Intime India
Lead Managers (2)
Company Details
Name: Dhariwal Buildtech Limited
Address: DSS 72P, Sector - 15AP, Hisar - 125 001, Haryana, India
Number: 01662-453059
Email: compliance@dhariwalbuildtech. com
Website: www.dhariwalbuildtech.com
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