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NSE:DALBHARAT

DALMIA BHARAT LIMITED

Construction Materials › Cement & Cement Products·NIFTY 500NIFTY LARGEMIDCAP 250NIFTY MIDCAP 150NIFTY MIDSMALLCAP 400+5
₹1,518.00
at close · 27 Oct 2026
▼ 107.00 (-6.58%)

Latest filings

  1. Rs 4 interim dividend declared; October 30 record date confirmed · Corporate Actions
  2. Rs 4 interim dividend declared; record date October 30 · Corporate Actions
  3. Q2 FY27 swings to loss as EBITDA falls 29 percent on cost pressure · Investor Communications
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures and sells cement and cement-based products, primarily serving construction and infrastructure customers. Cement accounts for 97.9% of segment revenue, with 'Others' at 1.7% and discontinued operations at 0.4%. Q1 FY27 sales volume grew 9% YoY against industry growth of 7-8%, with the new Weather365 premium-plus line recently launched. The May 2026 Jaypee acquisition adds 5.2 MnTPA cement and 3.3 MnTPA clinker capacity, with the target of approximately 67 MnT by Q3 FY28. Premium products make up 25% of the mix. The largest cost line is other operating expenses at 57.3% of revenue, followed by materials at 15.7%; pet coke, diesel and packing bags are the main swing factors, with Q1 FY27 power and fuel costs up 10% YoY to ₹1,045/ton and raw material costs up 12% QoQ to ₹823/ton.

Revenue mix · reported segments
Cement97.9%
Others1.7%
Discontinued operations0.4%
Operating scale
Cement capacity
54.7 MnTPAPost-Jaypee acquisition, May 2026
Target cement capacity
~67 MnTBy Q3 FY28
Q1 FY27 sales volume
7.6 MnTQ1 FY27
Q1 FY27 EBITDA per ton
₹1,055Q1 FY27
Premium product share
25% of mixQ1 FY27
FY26 cement capacity
50 MnTFY26
Who pays it
Construction, housing and infrastructure customers
Biggest cost
Power and fuel (pet coke, diesel) and raw materials
Kind of business
Asset-heavy, cyclical cement manufacturer
Where it sits
4th largest cement player in India at end of FY26, with 50 MnT capacity, scaling to 54.7 MnTPA after the Jaypee acquisition
Market Cap
₹28,720 Cr
P / E (TTM)
30.4×
EV / EBITDA
11.4×
Div Yield
0.59%
Growth
7.1%▲
Revenue 5y CAGR
PAT -1.4% · EBITDA +2.0%
Quality
6.3%·
ROCE (5y median)
ROE 6.4% (5y median) · margin 22.1%
Leverage
0.37·
Debt / Equity · low
Net debt ₹6,540 Cr
Revenue FY21→FY26
1.4×▲
Margin −4.0 pts
₹10,522 Cr → ₹14,804 Cr
Cash conversion
2.26×▲
Operating cash ÷ profit · 5 yrs
₹11,219 Cr on ₹4,961 Cr
Moves on a normal day
0.89%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 37 Cement & Cement Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#16/29
P/B#21/34
ROCE#16/37
ROE#19/34
Debt / Equity#15/33
EBITDA margin#7/37
Revenue growth#20/37
Profit growth#27/37

Scorecard

Measured from the filed financials, judged against its Cement & Cement Products peers · as of FY26 — not investment advice

Strengths
Over 5 years it reported ₹4,961 Cr of profit and ₹11,219 Cr of operating cash — 2.26×
Profit is converting into cash
Concerns
Profit shrinking over 5 years (−1% a year)
Erratic profits — up in only 1 of the last 5 years
Returns on capital 6.3% (5-year median)
#16 of 37 in Cement & Cement Products on the latest reported figures · down from 10.2% in FY21

Charts

How has the market priced it — with filings on the timeline?

DALBHARAT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from DALMIA BHARAT LIMITED's filed financials and exchange disclosures

What does DALMIA BHARAT LIMITED do?

DALMIA BHARAT LIMITED is a Cement & Cement Products company listed on NSE and BSE, trading under the symbol DALBHARAT.

Is DALMIA BHARAT LIMITED profitable?

Yes. Over the trailing twelve months DALMIA BHARAT LIMITED reported a net profit of ₹953 Cr on revenue of ₹15,058 Cr.

Does DALMIA BHARAT LIMITED pay a dividend?

Yes. The dividend yield is 0.59% at the current price. It paid out 15% of its profit as dividend in FY26.

Is DALMIA BHARAT LIMITED debt-free?

No. It reported borrowings of ₹6,752 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹6,540 Cr after cash. Debt stands at 0.37× equity. That is lower than 56% of its 33 Cement & Cement Products peers.

Is DALMIA BHARAT LIMITED expensive compared with its peers?

On trailing P/E, DALMIA BHARAT LIMITED ranks 16 of 29 in Cement & Cement Products — cheaper than 46% of them, against an industry median of 27.9×. This is a position, not a valuation judgement.

How much does the DALMIA BHARAT LIMITED share price move in a day?

On a typical session DALMIA BHARAT LIMITED moves 0.89% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track DALMIA BHARAT LIMITED's announcements?

Every NSE and BSE filing by DALMIA BHARAT LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.