ALFA Finder| Revenue growth | 7% YoY driven by volume. |
|---|---|
| Margins | EBITDA/T at ₹1,055; margins pressured by costs. |
| Demand visibility | Positive, ~7% India cement demand growth expected. |
| Management confidence | High, citing resilient economic growth. |
Growth
Revenue grew 7% YoY; sales volume up 9% YoY to 7.6 MnT. EBITDA declined 9% YoY to ₹805 Cr.
Outlook
Targeting 66.7 MnT cement capacity by Q3 FY28. Project capex of ~₹2.2k Cr planned for FY27e.
Risks
Rising raw material and power costs (12% and 10% QoQ respectively); deficit monsoon and El Niño effects.
Last quarter's promises, checked
Delivered
- Guided FY27 expansion capex ₹2,200 Cr → delivered ₹2,200 Cr plan maintained (= BEAT)
- Targeted cost take-out ₹50-100/t → delivered lowest quarterly cost in 5 years (= BEAT)
- Targeted premium share growth → delivered all-time high 25% (= BEAT)
Partly delivered
- Targeted 75 MnT capacity by FY28 → delivered 66.7 MnT target for Q3 FY28 (= PARTIAL)
Missed
- Guided volume growth to beat industry (7-8%) → delivered 9% vs industry but EBITDA fell 9% (= MISS)
Investor Presentation filed with NSE, NSE: DALBHARAT. Summary written with AI assistance from the document.
Dalmia Bharat Ltd: key numbers
- Share price
- ₹1,488.60
- Market cap
- ₹27,921 Cr
- Revenue (annual)
- ₹14,804 Cr
- Net profit (annual)
- ₹1,139 Cr
- P/E (TTM)
- 57.0×Sector 33.5×
- Promoter holding
- 55.84%+0.00% QoQ
- FII holding
- 7.41%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Dalmia Bharat Ltd
All →Dalmia Bharat Other Announcement
Dalmia Bharat disclosed that its RTA, KFin Technologies, moves its corporate office from December 1, 2026. Investor correspondence must go to the new address.
Dalmia Bharat Earnings Call Transcript: Key Takeaways
Dalmia Bharat reported a weak Q2 with EBITDA/ton dropping to ₹698 due to East market floods and cost inflation. Despite volume growth, exceptional impairment charges for old thermal plants and brand transitions hurt the bottom line.
Dalmia Bharat Dividend
Dalmia Bharat Limited declared an interim dividend of Rs 4 per equity share at its 26-Oct-2026 board meeting. The record date for the dividend is 30-Oct-2026.
Dalmia Bharat Investor Presentation: Key Takeaways
Q2 FY27 revenue Rs 3,563 Cr (+4% YoY), EBITDA Rs 493 Cr (-29% YoY), reported PAT loss Rs 205 Cr after Rs 282 Cr impairment; volumes 7.1 MnT (+3% YoY).
Dalmia Bharat Results Update
Dalmia Bharat reported Q2 FY27 revenue of ₹3,563 Cr, PAT loss of ₹205 Cr. Trial run began at 3.6 MnTPA Belgaum clinker line, ahead of schedule.
- clinker trial run capacity
- 3.6 MnTPA
Dalmia Bharat Q2 FY27 Results: Net Loss of ₹205 Cr
Dalmia Bharat Ltd reported revenue from operations of ₹3,563 Cr (+4.3% YoY) and a net loss of ₹205 Cr for Q2 FY27.
- Key figure
- Net loss ₹205 Cr