Dalmia Bharat Ltd (DALBHARAT)
₹1,326.20
Mkt cap
₹24,875 Cr
P/E ratio
22.60
P/B
1.38
Div yield
0.68%
ROE
6.11%
ROCE
7.59%
EPS (TTM)
₹58.68
Book value
₹959
52W range
1,319–2,260
Sector
Commodities
Price history
Previous close
Dalmia Bharat is engaged in the business of Manufacturing and Selling of Cement. The company was started in 1939 and is the 4th largest cement manufacturer by installed capacity in India. [1]
NSE DALBHARATBSE 542216
Health check
Cautious
ValuationFair
ProfitabilityWeak
GrowthModerate
TechnicalsBearish
52-week range
−41.32% from high₹1,326
₹1,319+0.55% from low₹2,260
Current
₹1,326.20
Prev close
₹1,407.90
Day
−5.80%
Price performance
1D
−5.16%
1W
−16.09%
1M
−18.46%
3M
−25.58%
6M
−31.52%
1Y
−37.43%
YTD
−38.23%
Financials
Revenue, profit & margin
P/E ratio
22.6×
DALBHARAT is 4% below the sector median of 23.6×
DALBHARAT22.6×
Sector median23.6×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026NSE | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,627 | 3,153 | 3,604 | 4,307 | 3,621 | 3,087 | 3,181 | 4,091 | 3,636 | 3,417 | 3,506 | 4,245 | 3,890 | 3,563 | |
| Expenses | 3,014 | 2,560 | 2,825 | 3,653 | 2,952 | 2,653 | 2,670 | 3,298 | 2,753 | 2,721 | 2,904 | 3,343 | 3,085 | 3,070 | |
| Operating Profit | 613 | 593 | 779 | 654 | 669 | 434 | 511 | 793 | 883 | 696 | 602 | 902 | 805 | 493 | |
| OPM % | 17% | 19% | 22% | 15% | 18% | 14% | 16% | 19% | 24% | 20% | 17% | 21% | 21% | 14% | |
| Other Income | 54 | 80 | 60 | 120 | -63 | 73 | 37 | 93 | 65 | 66 | 30 | 34 | -43 | -293 | |
| Interest | 83 | 101 | 108 | 94 | 95 | 98 | 101 | 105 | 108 | 122 | 118 | 132 | 147 | 130 | |
| Depreciation | 399 | 401 | 370 | 328 | 317 | 336 | 364 | 314 | 322 | 322 | 340 | 365 | 361 | 363 | |
| Profit before tax | 185 | 171 | 361 | 352 | 194 | 73 | 83 | 467 | 518 | 318 | 174 | 439 | 254 | -293 | |
| Tax % | 22% | 28% | 26% | 9% | 25% | 33% | 20% | 6% | 24% | 25% | 26% | 10% | 24% | 29% | |
| Net Profit | 144 | 123 | 266 | 320 | 145 | 49 | 66 | 439 | 395 | 239 | 128 | 394 | 192 | -205 | |
| EPS in Rs | 6.93 | 6.29 | 14.02 | 16.80 | 7.52 | 2.45 | 3.25 | 23.19 | 20.95 | 12.58 | 6.50 | 20.63 | 10.02 | -11.03 | |
| Raw PDF | — |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.40% · closed higher next day 14 of last 31
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 24 Jan '24◦ | 25 Apr '24 | 18 Jul '24◦ | 19 Oct '24◦ | 21 Jan '25◦ | 23 Apr '25◦ | 22 Jul '25◦ | 17 Oct '25 | 21 Jan '26 | 28 Apr '26 | 24 Jul '26 | 26 Oct '26◦ |
| Earnings day | +2.33% | −7.97% | −5.12% | −1.15% | +1.57% | +4.48% | −2.18% | +0.93% | +1.87% | −2.73% | −2.37% | −6.57% |
| +1 day | +4.72% | −8.31% | −7.60% | −2.58% | +3.23% | +4.05% | −2.20% | −1.28% | −2.18% | −1.17% | −1.52% | −9.31% |
| +5 days | +4.84% | −8.49% | −5.46% | −3.02% | +4.81% | +3.18% | −3.48% | −4.33% | −5.85% | +0.10% | −2.97% | — |
| +15 days | −3.26% | −7.56% | −9.19% | −3.53% | +0.84% | +9.56% | −2.13% | −8.46% | −0.92% | −13.48% | −0.68% | — |
| +30 days | −10.00% | −7.79% | +0.16% | +3.33% | −3.62% | +12.00% | +3.88% | −10.83% | −13.31% | −18.38% | −5.68% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Rs 4 Per Share | 4.00 | 30 Oct '26 | 30 Oct '26 |
| dividend Dividend - Rs 5 Per Share | 5.00 | 23 Jun '26 | 23 Jun '26 |
Shareholding
as of Sep 202655.84%Promoter
Promoters55.84%
FIIs7.41%0.60
DIIs18.91%1.04
Public17.70%0.44
Government0.13%
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| UltraTech Cem. | ₹11,045.00 | 36.61 | 3,25,473 | 2.17% | 1,501 | +21.66% | 23,295 | +18.81% | 12.66% |
| Grasim Inds | ₹2,981.40 | 35.36 | 2,02,895 | 0.34% | 3,846 | +49.95% | 48,716 | +21.43% | 8.01% |
| Ambuja Cements | ₹348.05 | 28.64 | 86,484 | 0.57% | 236 | −87.23% | 9,197 | +0.24% | 5.61% |
| Shree Cement | ₹22,995.00 | 52.40 | 82,968 | 0.65% | 263 | −15.13% | 5,897 | +23.85% | 10.27% |
| J K Cements | ₹4,785.50 | 37.39 | 36,977 | 0.42% | 169 | +7.76% | 3,733 | +23.66% | 15.10% |
| Dalmia BharatLtd | ₹1,326.20 | 22.65 | 24,875 | 0.68% | 192 | −15.27% | 3,890 | +6.99% | 7.59% |
| ACC | ₹1,130.00 | 23.10 | 21,220 | 0.66% | 93 | −87.65% | 5,689 | −5.26% | 11.25% |
| Median: 32 Co. | ₹151.32 | 23.64 | 2,577 | 0.35% | 35 | −18.02% | 742 | +14.36% | 7.01% |
Filings
Annual reports15
Concall transcripts65
TranscriptOct 2026PPTOct 2026RECOct 2026TranscriptJul 2026PPTJul 2026TranscriptMay 2026PPTMay 2026TranscriptJan 2026PPTJan 2026TranscriptNov 2025PPTNov 2025PPTOct 2025TranscriptAug 2025PPTAug 2025RECAug 2025PPTJul 2025PPTJul 2025TranscriptMay 2025PPTMay 2025RECMay 2025PPTApr 2025PPTApr 2025TranscriptFeb 2025PPTFeb 2025
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Earnings Call Transcript 28 Oct - Transcript of Q2 FY27 - Earnings Conference CallIntimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations') 27 Oct - Dalmia Bharat issued TDS guidance for Rs. 4 interim dividend for FY2026-27, with documents due October 30, 2026.Fixed The Record Date I.E., Friday, October 30, 2026, For Determining The Entitlement Of Shareholders For Payment Of Interim Dividend For Financial Year 2026-27. 26 OctCorporate Action-Board approves Dividend 26 OctAnnouncement under Regulation 30 (LODR)-Investor Presentation 26 Oct - Investor Presentation Q2 & H1 FY 27