DALBHARAT
Dalmia Bharat Limited
NSELast Traded Price
₹1842.4
-33.8 (-1.8%)
Open
₹1876.2
High
₹1876.2
Low
₹1832.3
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₹1876.2
Industry
Cement & Cement Products
Market Cap
34557.15 Cr
Filing History
Recent corporate announcements and filings for DALBHARAT
Business Update
Positive
2026-08-24 22:41
- Amendment to MMDR Act, 2026, means Dalmia Bharat is no longer required to pay Mineral Bearing Land Tax and Mineral Cess from Aug 22, 2026. The company paid ₹127 Cr in FY26 and ₹38 Cr in FY27 towards these levies.
Business Update
Neutral
2026-08-20 14:03
- Dalmia Bharat Limited will attend investor meetings on Aug 31 - Sep 1, 2026 (Goldman Sachs conference, Hong Kong) and Sep 2 - 3, 2026 (Avendus Spark meetings, Singapore). No Unpublished Price Sensitive Information (UPSI) will be shared.
Business Update
Neutral
2026-08-05 17:46
- Schedule of Analyst/Institutional Investor Meetings
- August 14, 2026: Equirus Annual India Conference (Physical, Mumbai, One-on-one & Group)
- August 17, 2026: Motilal Oswal 22nd Annual Global Investor Conference (Physical, Mumbai, One-on-one & Group)
- No Unpublished Price Sensitive Information (UPSI) will be shared during these meetings.
Business Update
Positive
2026-07-28 17:30
- Cement demand is projected to grow at a healthy 7% in FY27. The company reported robust Q1 FY27 volume growth of 9% YoY and 7% YoY revenue growth to INR3,890 crores, with sequential EBITDA per ton improvement to INR1,055.
- Successfully acquired Jaypee Cement assets for an enterprise value of INR2,850 crores, adding 5.2 million tons of cement capacity, with integration underway and expected meaningful contribution from Q3 FY27.
- Targeting total cement capacity of approximately 67 million tons by Q3 FY28, with a long-term aspiration to reach 110-130 million tons by FY31.
- Capex commitment for FY27 is projected at INR3,200-INR3,400 crores; net debt leverage stands at 1.47x (comfortably below 2x net debt to EBITDA).
- Anticipates an INR70-INR80 increase in input costs for Q2 FY27 but is focused on internal efficiency cost reduction initiatives (INR50-INR100/ton per year).
- Launched 'Weather365' premium-plus offering, strengthening its premiumization strategy.
Business Update
Positive
2026-07-28 17:27
- Dalmia Cement (Bharat) Limited (DCBL), a wholly owned subsidiary, has been identified as the successful resolution applicant for Bhilai Jaypee Cement Limited (BJCL).
- DCBL received a Letter of Intent (LOI) on July 28, 2026.
- BJCL owns a 2.2 MnTPA Grinding Unit and a 1.1 Mn TPA Clinker Unit.
- The transaction is subject to approval by the National Company Law Tribunal and other regulatory authorities.
Financials
Negative
2026-07-24 13:38
- Consolidated Revenue ₹3,890 Cr vs ₹3,636 Cr (▲7.0% YoY)
- EBITDA ₹805 Cr vs ₹883 Cr (▼8.8% YoY)
- PAT ₹192 Cr vs ₹395 Cr (▼51.4% YoY)
- EBITDA Margin 20.7% vs 24.3% (▼359 bps)
Governance
Negative
2026-07-24 13:28
- Board approved Q1 FY27 consolidated unaudited results: Revenue ▲7.0% YoY, PAT ▼52.2% YoY, and EBITDA margin contracted significantly.
- Mr. Yatin Malhotra appointed CFO & KMP from Aug 1, 2026, replacing Mr. Dharmender Tuteja (superannuation).
Routine
Neutral
2026-07-24 13:19
New Filing detected. See link for details.
Business Update
Neutral
2026-07-18 19:26
- Concall Schedule
- Concall Date: Friday, July 24, 2026
- Concall Time: 04:30 P.M. (IST)
Business Update
Positive
2026-07-17 13:33
- ICRA ESG Ratings has reaffirmed Dalmia Bharat Limited's ESG rating as "Combined Rating 80, Exceptional", as intimated on July 16, 2026.
Governance
Positive
2026-06-30 19:04
- The 13th Annual General Meeting (AGM) of Dalmia Bharat Limited was held on June 30, 2026.
- All resolutions placed before the AGM were passed with the requisite majority.
- Key resolutions passed include the adoption of financial statements, declaration of a final dividend of ₹5.00 (250%) per equity share for FY ended March 31, 2026, re-appointment of Mr. Puneet Yadu Dalmia as Director, re-appointment of M/s Walker Chandiok & Co LLP as Statutory Auditors, and authorization for raising funds through issuance of securities.
Governance
Positive
2026-06-30 18:44
- 13th Annual General Meeting (AGM) held on June 30, 2026.
- Shareholders adopted financial statements and approved a final dividend of Rs. 5.00 (250%) per equity share for FY 2025-26.
- Re-appointed Mr. Puneet Yadu Dalmia as Director and M/s Walker Chandiok & Co LLP as Statutory Auditors.
- Authorized the company for fund-raising through issuance of securities.
Financials
Neutral
2026-06-26 18:33
- Dalmia Bharat Limited announced the closure of its trading window from July 1, 2026, for designated persons and their immediate relatives.
- The window will reopen 48 hours after the declaration of unaudited financial results for the quarter ending June 30, 2026.
- The date of the Board Meeting for considering these results will be intimated later.
Business Update
Neutral
2026-06-22 18:46
- Investor Meeting Schedule
- Meeting Date: 25th June, 2026
- Event: Investor meetings organized by DAM Capital (Physical, Mumbai, One-on-one & Group)
Business Update
Positive
2026-06-21 16:39
- Dalmia Cement (Bharat) Limited, a wholly-owned subsidiary, commenced commercial production at its Chunar (Uttar Pradesh) plant.
- The new facility has a Cement Grinding Capacity of 2.5 MTPA.
- Commercial production started on June 20, 2026.
Financials
Positive
2026-06-05 17:03
- The Board of Directors recommended a final dividend of Rs. 5/- per equity share for the financial year 2025-26, subject to shareholder approval.
- The dividend will be paid after deduction of Tax at Source (TDS).
- Shareholders are advised to submit TDS-related documents by June 23, 2026, to ensure the appropriate withholding tax rate.
Business Update
Neutral
2026-06-05 16:56
- Dalmia Bharat Limited announced the online availability of its Integrated Annual Report for Financial Year 2025-26 on its website.
- Shareholders who have not registered their email addresses have been sent a letter with the web-link.
- Instructions are provided for requesting physical copies and updating email addresses for future electronic communications.
Financials
Positive
2026-06-04 22:23
- Consolidated Revenue for FY 2025-26: ₹14,804 Cr vs ₹13,966 Cr (▲6% YoY)
- EBITDA for FY 2025-26: ₹3,083 Cr vs ₹2,409 Cr (▲28% YoY)
- PAT for FY 2025-26: ₹1,157 Cr vs ₹701 Cr (▲65% YoY)
- EBITDA Margin for FY 2025-26: 20.83% vs 17.25% (▲358bps)
Business Update
Positive
2026-05-29 19:02
Dalmia Cement (Bharat) Limited, a wholly-owned subsidiary of Dalmia Bharat Limited, completed the acquisition of cement undertakings from Jaiprakash Associates Limited and Adani Infra (India) Ltd. This acquisition adds 5.2 MnTPA cement capacity and 3.3 MnTPA clinker capacity through plants located in Rewa, Churk, Chunar, and Sadwa. With this, Dalmia Bharat's total cement capacity now stands at 54.7 MnTPA.
Governance
Positive
2026-05-23 18:27
Dalmia Bharat's Board recommended a final dividend of ₹5/- per equity share (250%) for FY 2025-26, with June 23, 2026 as the Record Date. The 13th Annual General Meeting (AGM) will be held on June 30, 2026. The Board also recommended re-appointing M/s Walker Chandiok & Co LLP as Statutory Auditors for a second five-year term and sought shareholder approval to issue further securities up to ₹4,000 Crore.
Governance
Positive
2026-05-23 18:19
The Board of Directors of Dalmia Bharat Limited, at its meeting on May 23, 2026, approved the convening of the 13th Annual General Meeting (AGM) on June 30, 2026. Key decisions included recommending a final dividend of ₹5 per equity share (250%) for FY 2025-26, with June 23, 2026, as the record date. The Board also recommended the re-appointment of M/s Walker Chandiok & Co LLP as Statutory Auditors for a second term of five years and sought shareholder approval to issue further securities up to an aggregate amount of ₹4,000 Crore.
Governance
Positive
2026-05-23 18:10
Dalmia Bharat's Board of Directors met on May 23, 2026, and approved the convening of the 13th Annual General Meeting (AGM) on June 30, 2026. Key recommendations include the re-appointment of M/s Walker Chandiok & Co LLP as Statutory Auditors for a second term and a Final Dividend of ₹5/- per Equity share (250%) for FY 2025-26, with June 23, 2026, as the Record Date. The Board also sought enabling approval for raising funds up to ₹4,000 Crore through various securities.
Governance
Positive
2026-05-23 17:39
The Board of Dalmia Bharat Limited, at its meeting on May 23, 2026, approved convening the 13th AGM on June 30, 2026. They recommended a final dividend of ₹5/- per equity share (250%) for FY 2025-26, with June 23, 2026, as the Record Date. The board also recommended the re-appointment of M/s Walker Chandiok & Co LLP as Statutory Auditors for a second five-year term and sought enabling approval for issuing further securities up to ₹4,000 Crore.
Business Update
Positive
2026-05-22 01:12
Dalmia Cement (Bharat) Limited, a subsidiary of Dalmia Bharat Limited, executed a Business Transfer Agreement on May 21, 2026, to acquire 5.2 MnTPA cement and 3.3 MnTPA clinker capacity in the Central Region from Jaiprakash Associates Ltd (acquired by Adani Group) for an Enterprise Value of ₹2,850 Cr. This acquisition will increase Dalmia Bharat's total cement capacity to 54.7 MnTPA, strategically advancing its goal to become a pan-India player and is expected to augment EBITDA delivery and enhance returns.
Business Update
Positive
2026-05-22 01:00
Dalmia Cement (Bharat) Limited, a subsidiary of Dalmia Bharat Limited, acquired cement plants from Jaiprakash Associates Ltd (acquired by Adani Group) and Adani Infra for an Enterprise Value of Rs 2,850 Cr. The acquisition includes 5.2 MnTPA cement and 3.3 MnTPA clinker capacity, plus 99 MW thermal power across Rewa, Churk, Chunar, and Sadwa. This increases Dalmia Bharat's total cement capacity to 54.7 MnTPA. Commercial production is expected in Q2 FY27, bolstering its pan-India presence and EBITDA.
Business Update
Neutral
2026-05-11 17:02
Dalmia Bharat Limited announced its schedule of upcoming analyst/institutional investor meetings. The company's management will attend the Bank of America's flagship India conference on June 3, 2026, and the Citi India Conference 2026 on June 4, 2026, both in Mumbai. The company confirmed that no Unpublished Price Sensitive Information will be shared during these meetings.
Business Update
Negative
2026-05-08 15:28
CRITICAL RED FLAG DETECTED
Dalmia Bharat Limited issued a clarification regarding recent media reports on an SFIO investigation concerning the fraudulent transfer of mutual fund units by Allied Financial Services involving its subsidiary, DCBL. The company denies the reports, stating DCBL's funds were misappropriated by Allied, leading to investigations by SEBI and EOW. The Supreme Court ordered the release of the mutual funds to DCBL in August 2019. The company also confirmed an MCA-ordered SFIO investigation from 2019, where it has not yet received a report. Dalmia Bharat deems current news speculative, asserting its adherence to high corporate governance standards.
Business Update
Positive
2026-05-01 18:22
Dalmia Bharat Limited announced that its wholly-owned subsidiary, Dalmia Cement (Bharat) Limited (DCBL), has had an appeal allowed by the Office of Additional Commissioner of CGST (Appeals). The entire penalty of Rs. 11,82,298/-, previously imposed for input tax credit issues from FY 2017-18, has been waived off. This resolution, received on April 30, 2026, results in no financial impact on DCBL.
Business Update
Positive
2026-05-01 12:19
Dalmia Bharat is targeting a 75 million tons capacity milestone by FY28, with ongoing expansion projects expected to increase capacity to 61.5 million tons per annum in the next 18-20 months. The company anticipates cement demand to grow at a 7-8% CAGR in the medium term, driven by infrastructure investments, and aims to outperform industry volume growth in FY27/28. Management targets an annual cost reduction of INR50-100 per ton. While expecting a cost headwind of INR125-150 per ton in Q1 FY27 from petcoke, packing, logistics, and fuel, the company is confident in mitigating this through recent price hikes and mix optimization to protect margins. Total capex for FY27 is guided between INR3,200-3,400 crores, including INR2,200 crores for expansion. The company remains committed to maintaining a healthy balance sheet and expanding renewable energy capacity to 576 MW.
Business Update
Positive
2026-04-29 22:21
Dalmia Cement (Bharat) Limited, a subsidiary of Dalmia Bharat, will acquire a 41% stake (26% fully-diluted) in Oyster Green Hybrid Five Private Limited for approx. ₹17.35 crore. This strategic acquisition is to source 21.6 MW Wind and 14 MWp Solar hybrid power as a captive consumer for its Kadapa plant in Andhra Pradesh, supporting the group's commitment to RE 100 by 2030 and carbon negativity by 2040. The acquisition is expected to be completed within four months.
Financials
Positive
2026-04-28 14:31
CRITICAL RED FLAG DETECTED
Consolidated Revenue ₹4,245Cr vs ₹4,091Cr (▲3.8% YoY), EBITDA ₹902Cr vs ₹793Cr (▲13.7% YoY), PAT ₹394Cr vs ₹439Cr (▼10.3% YoY). EBITDA Margin 21.3% vs 19.4% (▲190bps). The board recommended a final dividend of Rs 5 per share.
Routine
Neutral
2026-04-28 14:23
New Filing detected. See link for details.
Business Update
Neutral
2026-04-23 18:38
Dalmia Bharat Limited announced a change in the mode of its Q4 FY26 earnings call for investors/analysts from an audio conference call to a Zoom meeting. The call, scheduled for April 28, 2026, at 4:30 P.M. (IST), to discuss financial results, remains unchanged in date and time.
Governance
Positive
2026-04-22 08:45
CRITICAL RED FLAG DETECTED
Dalmia Bharat Limited announced that its subsidiary, Dalmia Cement (Bharat) Limited (DCBL), had its attached land parcels released by the Enforcement Directorate on April 21, 2026, against a bank guarantee of Rs.92.52 crs. This reduces the alleged Proceeds of Crime from Rs.793.34 cr to Rs.92.52 crs. DCBL is appealing the remaining alleged POC of Rs.92.52 Cr.
Business Update
Neutral
2026-04-16 18:54
Dalmia Bharat Limited announced an investors/analysts conference call for its Q4 FY26 Audited Standalone and Consolidated Financial Results (quarter and year ended March 31, 2026) scheduled for April 28, 2026, at 4:30 PM (IST).
Business Update
Negative
2026-03-29 19:37
Dalmia Bharat reported a kiln breakdown at its Rajgangpur, Odisha plant on March 13, 2026. The 14-day disruption impacted cement sales by 2.5-3.0 Lac Tons in March. Operations stabilized by March 27, 2026, with supply chains normalizing. The event does not qualify as material per SEBI regulations.
Business Update
Negative
2026-03-26 23:11
CRITICAL RED FLAG DETECTED
Dalmia Cement (Bharat) Ltd. (subsidiary) received two orders imposing a total tax demand and penalty of approximately Rs. 2.97 Crores for Input Tax Credit disallowance in FY 2019-20. The company will appeal against these orders, stating they do not have a major financial impact.
Routine
Neutral
2026-03-26 18:46
Dalmia Bharat Limited announced the closure of the trading window for designated persons and their immediate relatives from April 1, 2026. It will reopen 48 hours after the declaration of the audited financial results for the quarter and financial year ending March 31, 2026.
Business Update
Positive
2026-03-20 19:02
Dalmia Cement (Bharat) Limited, a subsidiary, is acquiring a 26% stake in Ventora Energy Private Limited for Rs. 4.42 Cr to source 8.1 MW wind power for captive consumption in Tamil Nadu. This move supports the group's RE 100 by 2030 and carbon negative by 2040 goals.
Business Update
Positive
2026-03-11 21:59
CRITICAL RED FLAG DETECTED
Dalmia Cement (Bharat) Limited's appeal was partially allowed by the PMLA Tribunal on March 9, 2026. The alleged Proceeds of Crime for its subsidiary were significantly reduced from ₹793.34 Cr. to ₹92.52 Cr. The company plans to challenge the remaining amount.
Business Update
Neutral
2026-03-03 13:20
Dalmia Bharat Limited announced its management will attend the Morgan Stanley Virtual India Materials Seminar on March 10, 2026. No Unpublished Price Sensitive Information (UPSI) will be shared during the meeting.