Formation of a small, Bhopal - base construction firm called Dilip Builders. Dilip Suryavanshi led a staff of 5 to execute small urban development projects. Dilip Builders' first office was situated in a garage.

Dilip Builders was awarded its first major project as EPC contractors for Ansal Housing. The Delhi-based pan-India developer was constructing the largest private residential project in Bhopal. A first of its kind project, the premium housing complex is located in Shyamla Hills and is comprised of 180 flats and 24 duplexes.

A young firm, Dilip Builders won a competitive bid to construct India's largest OIL PSU, Indian Oil Corporation Limited's Madhya Pradesh corporate office.

Dilip Builders bought its first stone crusher as part of its backward integration strategy. This was the foundation for building its strong fleet and creating a market differentiator. Soon after, Dilip Builders also bought their first excavator and truck. 

A young company eager for opportunities, Dilip Builders expanded operations beyond Bhopal. First stop was Rajgarh (MP), where they built a hospital for INR 56 lakhs for the Red Cross Society in Rajgarh (MP).

Dilip Builders took on multiple office, residential and road projects in Rajgarh, MP. They built a composite building, valued at INR 4 cr, for PWD MP, completing the project on schedule.

As opportunities in the road sector increased in Madhya Pradesh, Dilip Builders entered the sector by working on 5 - 6 road projects in MP valued between INR 2 - 3 cr each. The company's revenue at the time was INR 1 cr. A flagship project at the time was the Narsingarh - Boda 2 - lane 45 km highway commissioned by PWD MP and valued at INR 3.16 cr.

With an ambition to become a leading player in the EPC sector, Dilip Buildcon was incorporated as a private limited company. They started building an equipment bank to ensure quality and on-time execution. The first equipment Dilip Buildcon purchased was the Metso crusher. With increasing capacity, the company also undertook larger projects. The Ashta - Kannod 127km 2 - lane highway was valued at INR 719 mn., a significant jump for Dilip Buildcon.

Dilip Buildcon acquired Dilip Builders along with all assets and liabilities on 1st April 2007. The company's typical project size also increased to INR 1150 mn with Ratlam - Jawra. Dilip Buildcon completed the project 8 months before the scheduled time and received an INR 50 mn bonus. 

Dilip Buildcon forayed outside its home state of Madhya Pradesh (MP) for the first time with road projects in Himachal Pradesh (HP). In HP, Dilip Buildcon constructed 2 roads; Ranital - Kotla Package - 07 and Bhawarna - Lambagaon Package - 10 valued at INR 1391.7 mn. The projects received an award for early completion from the World Bank. 

Dilip Buildcon won the its largest EPC project to date; 4-laning Ahmedabad - Godhra NH - 59 bridge project in Gujarat with a project value of INR 10,189.9 mn. The project was 4X the typical value of projects the company had undertaken before that. For the first time, Dilip Builders entered a non-Hindi speaking state and had to undertake creative measures to adapt such as conducting Gujarati classes for on-site staff.Dilip Buildcon Private Limited Company converted to Publice Limited Company on 26th August 2010.

Dilip Buildcon raised its first external capital through a PE investor, BanyanTree Growth Capital. The fund invested INR 750 mn into the company. With fresh capital, revenue increased ~3X; from INR 4840 mn in 2011 to INR 11840 mn in 2012. The order book also crossed INR 25,000 mn.

Strategically, Dilip Buildcon started making the shift to become a full-service infrastructure player. The first sector Dilip Buildcon entered was Urban Development with the Mardanpur Water Supply project. Awarded by the Jal Vikas Nigam MP, the project is valued at INR 2300 mn and was completed in June 2016. 

The Central and State Governments' vision for river linking and irrigation gave Dilip Buildcon the impetus to enter the Irrigation sector. The first project in the sector is the Mohanpura Major Multipurpose project. Planned across Newaj River in Rajgarh District of MP and intercepting 3825 km2 of basin area, the dam will provide 352.834 mn cubic meter water for irrigation, 20 mn cubic meter water for drinking and 60 mn cubic meter water for industrial use. Dilip Buildcon expanded its presence in the sector with the Bahuti Canal project in MP. 

Continuing with its strategy to become a full-service infrastructure player, Dilip Buildcon entered Mining sector with an INR 1,045 mn contract for Nigahi OCP of NCL in Singrauli, Madhya Pradesh. The strategic move was made based on India's increasing power requirement and the Government of India's stated goal of increasing output and reducing coal import. 

DBL goes public with the promise of increasing shareholder value. The IPO is 22 times oversubscribed and is greeted at Dalal Street with a celebration. Marquee investors included HDFC Mutual Fund, Eastbridge, Neuberger Berman, IDFC Mutual Fund, Blackrock, Capital Group, Nomura, Grandeur Peak Global Advisors, Smallcap World Fund, and Abu Dhabi Investment Authority.

DBL achieves a milestone with INR 51,091 mn in revenue in FY16-17, exhibiting a 25% growth from FY15-16. The company has grown to a team of 27,000+ employees and has acquired an 9,613+ strong fleet. Till date, DBL has constructed 15,000+ lane kms. and today has an order book that is 3.6X FY16-17 revenue.

DBL is leveraging its expertise to make a mark in allied sectors as well and derisking its business model through diversification. On the back of its execution prowess, DBL has started taking on complex and iconic projects. One such project is the Zuari Bridge, which is the largest cable suspension bridge constructed by a private sector player in India

DBL achieves a top line of INR 77,614 mn in FY17-18 registering a growth of 52% from FY16-17. The company has grown to a team of 32,000+ employees and has acquired an 9,998 strong fleet. 

DBL is leveraging its expertise to make a mark in allied sectors as well and deriving its business model through diversification. On the back of its execution prowess, DBL has started taking on complex and iconic projects.

DBL achieves a record top line of INR 91,646 mn in FY18-19 registering a growth of 18% from FY17-18. The company has grown to a team of 35,000+ employees and has acquired an 11,000+ strong fleet. 

DBL has entered into tunnel anr metro segment.

DBL achieves a record top line of INR 91,646 mn in FY19-20 registering a growth of 18% from FY18-19. The company has grown to a team of 33,692+ employees and has acquired an 12,901+ strong fleet. 

Completed 14 projects worth ₹ 1,05,445 mn, which is highest completion in a single year.

DBL achieves a record highest ever order won and has the largest orderbook at ₹ 2,74,114 million

Won 15 projects worth ₹ 2,19,581 million*
• Completed 4 projects on or before schedule
• Won projects in 3 new territories – Bihar, Uttarakhand and Puducherry
• Largest diversified order book in our history

With 25,679 employees, largest employer in India’s construction industry

Diversified areas of expertise:

• Roads,
• Special Bridges, Mines, Tunnels, Dams,
• Canals, Metro Airports, Irrigation, Buildings
• & Urban Development

Won an enviable ₹ 5,655 million worth of early completion bonus till date