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Earnings Call Transcript

Dalmia Bharat Earnings Call Transcript: Key Takeaways

Dalmia Bharat reported Q1 FY27 revenue growth of 7% YoY to INR 3,890 Cr and robust volume growth of 9%. Strategy focuses on premiumization (25% share) and pan-India capacity expansion through Jaypee acquisitions.

Highlights
Revenue growth7% YoY growth in Q1 FY27.
MarginsEBITDA/ton up sequentially; cost management mitigating fuel inflation.
Demand visibilityExpect 7% industry growth in FY27.
Management confidenceHigh, focused on profitable growth and market share gains.

Growth

Revenue grew 7% YoY; Volume up 9%. EBITDA per ton improved sequentially to INR 1,055 despite input cost pressures.

Outlook

Targeting 67MT capacity by Q3 FY28; long-term vision of 110-130MT. FY27 capex guided at INR 3,200-3,400 Cr.

Risks

Elevated pet coke prices, diesel cost increases, and potential monsoon disruptions affecting construction activity.

Last quarter's promises, checked

Delivered

  • Guided INR 50-100/t cost reduction → Delivered lowest quarterly cost in 5 years (= BEAT)
  • Guided 75MT capacity by FY28 → Reaffirmed 72-75MT target (= BEAT)
  • Guided INR 3,200-3,400 Cr total FY27 capex → Maintained range in current call (= BEAT)

Partly delivered

  • Guided better than industry growth → 9% volume vs 7% industry expectation (= PARTIAL)
Source

Earnings Call Transcript filed with BSE, NSE: DALBHARAT. Summary written with AI assistance from the document.

Read the document ↗

Dalmia Bharat Ltd: key numbers

Share price
₹1,700.20
Market cap
₹31,890 Cr
Revenue (annual)
₹14,804 Cr
Net profit (annual)
₹1,139 Cr
P/E (TTM)
34.2×Sector 33.0×
Promoter holding
55.84%+0.00% QoQ
FII holding
6.81%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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