Deepak Builders & Engineers India Ltd stock slipped by more than 20% on the first day of listing. Also, the stock is listed in the stock market at a 0% premium. In short, the investors are facing a huge loss. In this situation, the prediction of Deepak Builders & Engineers India’s share price target for 2024, 2025, and 2026 may help you.
Deepak Builders & Engineers India Ltd IPO was opened on Oct 21, 2024, and listed in the market on Oct 28, 2024. The issue size of the IPO was Rs. 260.04 Crore with a price range of Rs. 192 to Rs. 203.
Free Stocks & IPO GMP
- IPO GMP: Get IPO GMP (Grey Market Premium) of current IPOs directly on WhatsApp.
- Best Stocks: Based on current market and industry conditions, find the best stocks for short-term or long-term investment.
- Free Stocks: Get short-term stocks for short-term investing from top brokers and researchers, including Anand Rathi, Motilal Oswal, Sharekhan, ICICI Securities, Phabhudas Lilladher, and others.
Related Posts:
- Hyundai Motor share price target 2024, 2025, and 2026
- Waaree Energies share price target 2024, 2025, and 2026
- Garuda Construction and Engineering share price target 2024, 2025, and 2026
About Deepak Builders & Engineers India Ltd
Deepak Builders & Engineers India Ltd company was incorporated in 2017. The company provides various construction services for the private and government sectors. The company’s construction services are as follows-
- Hospitals
- Highways
- Flyovers/ROB/RUB
- Development Works
- Museums/Memorials
- Commercial Buildings
- Stadiums/Sports Complex
- Residential Buildings/Apartments
- and more…
As of now, the company has completed dozens of projects in various categories, such as Administrative and institutional Buildings, Hospitals and medical Colleges, Stadiums and Sports Complexes, Historical Memorial Complexes, Development, and other Construction Works, Flyovers/Bridges/Roads, and Residential Complexes. You can see all of Deepak Builders & Engineers India Ltd’s projects on their website.
There are 12 ongoing projects of Hospital & Medical Colleges, Railways, Flyovers/Bridges/Roads, Industrial Building, and Administrative & Institutional Building. This info is based on the company’s official website.
The company has many top and well-known clients like Central Public Works Department, Indian Railways, AIIMS, New Delhi, PGIMER, Chandigarh, Indian Oil Corporation Limited, HSCC (India) Ltd, National Projects Construction Corporation Ltd, WAPCOS Limited, Engineers India Ltd, Public Works Department, UK, and many more.
Deepak Builders & Engineers India Ltd’s Scrip Info
| NSE | DBEIL |
| BSE | 544276 |
| ISIN | INE0OPA01019 |
| SECTOR | CONSTRUCTION |
Company Analysis
Below you’ll find Deepak Builders & Engineers India Limited’s company information like financials, fundamentals, and shareholding patterns. This information plays an important role in identifying good companies for investing.
Note: The shared information is not enough for a complete analysis of any company or stock. Kindly cross-check this information with any screener or broker.
Note: All the values are in (₹) Rupees Crore.
| Quarter | Net Profit & Loss |
|---|---|
| Sep 2023 | ₹ |
| Dec 2023 | ₹ |
| Mar 2024 | ₹ |
| Jun 2024 | ₹14 |
| Sep 2024 | ₹ |
| Year | Net Profit & Loss |
|---|---|
| Mar 2020 | ₹14 |
| Mar 2021 | ₹14 |
| Mar 2022 | ₹18 |
| Mar 2023 | ₹18 |
| Mar 2024 | ₹21 |
Note: It is the company’s financial performance data, typically released every three months (quarterly) or once a year (annually).
| Market Cap | ₹754Cr | ROE | 0.00% |
| P/E Ratio (TTM) | 35.27 | EPS (TTM) | 4.59 |
| P/B Ratio | 2.43 | Div. Yield | 0.00% |
| Industry PE | 31.83 | Book Value | 66.55 |
| Debt to Equity | 0.90 | Face Value | 10 |
| Held By | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|
| FIIs | NA | NA | NA | NA | NA |
| DIIs | NA | NA | NA | NA | NA |
| Public | NA | NA | NA | NA | NA |
| Promoters | NA | NA | NA | NA | NA |
| Other Holders | NA | NA | NA | NA | NA |
Key Insights
- Declining net cash flow.
- Zero promoter pledge.
- Strong annual EPS growth.
- Low debt on the company.
- The company’s debt is increasing.
- The company has cash of Rs. 0.09 Crore.
- The company makes profits consistently annually.
- The company’s 3-year compounded profit growth is 17%.
- The company’s 3 Years of compounded sales growth is 7%.
- Debt-to-Equity is 0.90 and debt on the company is Rs. 153.04 Crore.
- Over the years, the company’s annual net profit has been increasing.
Deepak Builder & Engineers India Share Price Target
Deepak Builders & Engineers India Ltd is a small-cap company, but still, the company is making good profits, low debt, and zero promoter pledge. Also, the experts’ predictions about the construction sector for the long term are positive and can deliver good returns as well. In summary, it can also benefit Deepak Builder & Engineers India’s share price target for 2024, 2025, and 2026.
India’s construction sector plays a very important role in India’s GDP as it contributes 8% to 10%. The sector is expected to grow at a 6% CAGR from 2024 to 2033. India’s construction market size is likely to reach USD 1.39 trillion by 2033.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹175 | ₹200 |
| 2025 | ₹200 | ₹150 |
| 2026 | ₹250 | ₹300 |
Disclaimer: AskDhan or we are not SEBI registered, and this is not a Buying or Selling recommendation. We will not be responsible for any loss or profit. This post is only for educational and learning purposes. All the targets given in the post are based on news, brokerage research, technical analysis, etc. We strongly recommend you talk to your financial advisor before making any decision.
Deepak Builders & Engineers Share Price Target 2024
As of 29 Oct 2024, the Deepak Builders & Engineers stock is down by more than 20% and most probably it may continue falling. This crash in the stock is because of the massive profit booking. Profit booking happens when investors see no good growth in the stock from the short term to the long term.
As of now, the stock is very bearish and there is no short-term trading opportunity. So, it is advised you should avoid the stock for the short term until the stock becomes stable or forms any button. At this level, investing in the stock can give good returns.
Deepak Builders & Engineers Share Price Target 2025 and 2026
For the long term, if you are looking for small-cap construction sector stock. It can be one of the best small-cap stocks in the sector with low debt on the company, zero promoter pledges, consistent profits, rising annual profits, and many more.
The Deepak Builders & Engineers India Ltd company raised the money for various purposes like repayment/prepayments of the borrowings, funding working capital requirements, and general corporate purposes. This thing may help the company reduce its debt and complete projects quickly.
The stock is good for the long term, as the government is supporting the construction and infrastructure sector with its many schemes like Pradhan Mantri Awas Yojana. Also, income is increasing and most people in India focus on owning a house in the place of renting.
There are also many reasons behind being bullish on the construction sector. If the construction sector rises, it may benefit Deepak Builders & Engineers India’s share price target for 2025 and 2026. The target is expected to be near Rs. 250 to Rs. 300.
FAQs
Deepak Builders & Engineers India Ltd stock is falling due to high selling pressure as the investors do not see any good growth in the stock/company for the short term.
It looks like the stock will continue falling in the upcoming days. As there are only sellers. As of 29 Oct, the stock is trading at Rs. 157.25 and its 52-week high is Rs. 200, which is more than 20% down.
Deepak Builders & Engineers India Ltd is a small-cap stock and this type of fluctuations are very normal due to any news, not good growth, etc.
In a few words, investing in small-cap can be risky if you are a beginner or a safe trader. There are many good large-cap, financially, and fundamentally strong stocks in the sector to choose like IRCON International Ltd, Ahluwalia Contracts (India) Ltd, PSP Projects Ltd, and many more.
As it is a good stock the experts predict that the construction sector is likely to grow at 6% CAGR. So no doubt the stock is going to give good returns by the next year.
But the returns depend on the buying price if you are already at a huge loss you may not see a good return. The stock target for the 2025 is near Rs. 200 to Rs. 250.
Final Words
Deepak Builders & Engineers India Ltd is a good small-cap stock as the company there is low debt, low promoter pledge, annually rising profits, and high growth predicted in the construction sector by the experts. It all indicates good growth in the construction sector which may benefit Deepak Builders & Engineers India’s share price target for 2024, 2025, and 2026.