Dalmia Bharat Limited share price

Key numbers

Market cap

₹ 31,918 Cr

Current price

₹ 1,700.20

52-week high / low

₹ 2,320 / 1,605

Stock P/E

34.1

Book value

₹ 958.5

Dividend yield

0.59%

ROCE

8.0%

ROE

6.4%

Debt to equity

0.41

Sales growth (3 yrs)

3.0%

Profit growth (3 yrs)

3.2%

1-year return

-27.3%

About Dalmia Bharat Limited

Dalmia Bharat Limited, together with its subsidiaries, manufactures and sells cement and its related products primarily in India. It offers ordinary Portland cement (OPC), Portland pozzolana cement (PPC), Portland composite cement (PCC), and Portland slag cement (PSC) under the Dalmia DSP Cement, Dalmia Cement, Konark Cement, Dalmia Bharat Weather365, InfraPro Cement, and InstaPro Cement brand names. The company also provides Dalmia Magic Premium Skim Coat, a natural colour tone alternative to wall putty; Dalmia Magic FIBROTHICK, a versatile cement based micro-texture; Dalmia Magic Premium Ceilingfast, a fiber polymer modified cement-based plaster; Dalmia Magic INNOBOND, a versatile thin-set block jointing mortar for thin bed applications; Dalmia Magic INNOFIX, a versatile adhesive material for very thin bed applications; and Dalmia Infra Green products. It serves institutional and commercial establishments, individual home builders, and government bodies engaged in infrastructure development. The company was formerly known as Odisha Cement Limited and changed its name to Dalmia Bharat Limited in April 2019. Dalmia Bharat Limited was founded in 1939 and is headquartered in New…

Quarterly results

Consolidated figures in ₹ crores

Concall summary (2026-07-28)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

• GST collections reached an all -time high of INR6.3 lac crores in Q1 FY27, underpinning strong domestic consumption.
• For full year FY27, we expect depreciation to increase by INR100 crores, as we commission the acquired Jaypee plants and commercialize Belgaum capacity.

Growth & demand

• Yet India remains one of the fastest -growing major economies globally with an RBI growth projection at 6.6% for financial year '27.
• Despite these market-specific challenges, we have delivered a robust volume growth of 9% on a Y-o-Y basis.

Margins & costs

• At the same time, healthy price increases of about INR10 to INR15 in South and INR15 to INR20 in East markets enabled us to pass on a significant portion of the input cost inflation.
• During the quarter, our raw material cost per ton of production increased 12% Q-o-Q to INR823, primarily due to increase in the limestone raising cost and other cost headwinds.

Capex & expansion

• July 24, 2026 Capital spending in the first 2 months inched up to 21% of the annual budgeted outlay, reflecting government's commitment to infrastructure development and long -term capacity creation.
• This acquisition brings 5.2 million tons of cement capacity, supported by 3.3 million tons of clinker capacity in the strategically important Central India region.

Balance sheet & cash

• The finance cost during the quarter increased by 36% Y-o-Y to INR147 crores, primarily due to the increase in gross debt owing to acquisition funding.
• Our gross debt at the end of the quarter increased to INR9,108 crores, primarily due to the acquisition, while net debt increased to INR4,431 crores.

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