Dalmia Bharat Ltd (DALBHARAT)
₹1,810.80
Mkt cap
₹33,964 Cr
P/E ratio
30.90
P/B
1.89
Div yield
0.50%
ROE
6.11%
ROCE
7.59%
EPS (TTM)
₹58.60
Book value
₹959
52W range
1,610–2,476
Sector
Commodities
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]
Health check
Cautious
ValuationFair
ProfitabilityWeak
GrowthModerate
TechnicalsBearish
52-week range
−26.87% from high₹1,811
₹1,610+12.46% from low₹2,476
Current
₹1,810.80
Prev close
₹1,805.00
Day
+0.32%
Price performance
1D
+0.32%
1W
−2.00%
1M
+5.25%
3M
−7.73%
6M
−17.37%
1Y
−17.30%
YTD
−15.66%
Financials
FRevenue, profit & margin
P/E ratio
30.9×
DALBHARAT is 4% above the sector median of 29.6×
DALBHARAT30.9×
Sector median29.6×
| 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 | 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 | |
| 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 | |
| Operating Profit | 613 | 593 | 779 | 654 | 669 | 434 | 511 | 793 | 883 | 696 | 602 | 902 | 805 | |
| OPM % | 17% | 19% | 22% | 15% | 18% | 14% | 16% | 19% | 24% | 20% | 17% | 21% | 21% | |
| Other Income | 54 | 80 | 60 | 120 | -63 | 73 | 37 | 93 | 65 | 66 | 30 | 34 | -43 | |
| Interest | 83 | 101 | 108 | 94 | 95 | 98 | 101 | 105 | 108 | 122 | 118 | 132 | 147 | |
| Depreciation | 399 | 401 | 370 | 328 | 317 | 336 | 364 | 314 | 322 | 322 | 340 | 365 | 361 | |
| Profit before tax | 185 | 171 | 361 | 352 | 194 | 73 | 83 | 467 | 518 | 318 | 174 | 439 | 254 | |
| Tax % | 22% | 28% | 26% | 9% | 25% | 33% | 20% | 6% | 24% | 25% | 26% | 10% | 24% | |
| Net Profit | 144 | 123 | 266 | 320 | 145 | 49 | 66 | 439 | 395 | 239 | 128 | 394 | 192 | |
| 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 | |
| Raw PDF |
Earnings
EResults 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 −0.20% · closed higher next day 15 of last 29
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 14 Oct '23◦ | 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 |
| Earnings day | +1.29% | +2.33% | −7.97% | −5.12% | −1.15% | +1.57% | +4.48% | −2.18% | +0.93% | +1.87% | −2.73% | −2.68% |
| +1 day | −1.60% | +4.72% | −8.31% | −7.60% | −2.58% | +3.23% | +4.05% | −2.20% | −1.28% | −2.18% | −1.17% | — |
| +5 days | −9.47% | +4.84% | −8.49% | −5.46% | −3.02% | +4.81% | +3.18% | −3.48% | −4.33% | −5.85% | +0.10% | — |
| +15 days | −8.85% | −3.26% | −7.56% | −9.19% | −3.53% | +0.84% | +9.56% | −2.13% | −8.46% | −0.92% | −13.48% | — |
| +30 days | −3.27% | −10.00% | −7.79% | +0.16% | +3.33% | −3.62% | +12.00% | +3.88% | −10.83% | −13.31% | −18.38% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 5 Per Share | 5.00 | 23 Jun '26 | 23 Jun '26 |
Results analysis
Shareholding
Sas of Jun 202655.84%Promoter
Promoters55.84%
FIIs6.81%0.34
DIIs19.95%0.30
Public17.26%0.65
Government0.13%
Ownership trend
Peers
P7 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. | ₹11,846.00 | 40.47 | 3,49,077 | 2.03% | 2,604 | +15.75% | 24,648 | +15.85% | 12.78% |
| Grasim Inds | ₹3,089.40 | 42.01 | 2,10,243 | 0.32% | 3,802 | +30.85% | 51,101 | +15.44% | 8.01% |
| Ambuja Cements | ₹425.15 | 21.14 | 1,05,642 | 0.47% | 1,857 | +102.92% | 10,915 | +9.37% | 5.61% |
| Shree Cement | ₹26,740.00 | 57.35 | 96,480 | 0.56% | 528 | −8.47% | 6,101 | +10.29% | 10.27% |
| J K Cements | ₹5,649.00 | 44.70 | 43,649 | 0.35% | 275 | −14.47% | 4,032 | +20.26% | 15.10% |
| Dalmia BharatLtd | ₹1,810.80 | 30.92 | 33,964 | 0.50% | 192 | −15.27% | 3,890 | +6.99% | 7.59% |
| ACC | ₹1,340.90 | 13.25 | 25,180 | 0.56% | 147 | −56.33% | 5,808 | −4.59% | 11.25% |
| Median: 32 Co. | ₹181.10 | 29.58 | 3,147 | 0.32% | 71 | +23.65% | 735 | +9.14% | 7.05% |
Filings
DAnnual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bseFinancial Year 2011bse
Concall transcripts61
PPTJul 2026TranscriptMay 2026PPTMay 2026TranscriptJan 2026PPTJan 2026TranscriptNov 2025PPTNov 2025PPTOct 2025TranscriptAug 2025PPTAug 2025PPTJul 2025RECJul 2025PPTJul 2025TranscriptMay 2025PPTMay 2025RECMay 2025PPTApr 2025PPTApr 2025TranscriptFeb 2025PPTFeb 2025PPTJan 2025TranscriptNov 2024PPTNov 2024PPTOct 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Investor Presentation 13hAnnouncement under Regulation 30 (LODR)-Press Release / Media Release 13h - Q1 FY27 results: acquired 5.2 MnTPA cement assets, started Chunar production, and reported Rs 3,890 Cr revenue.Announcement under Regulation 30 (LODR)-Change in Management 14h - Board approved Q1 FY27 results, named Yatin Malhotra CFO from Aug. 1, 2026, and disclosed Rs 2,850 crore JAL acquisition.Board Meeting Outcome for Outcome Of Board Meeting Held On July 24, 2026 14h - Board approved Q1 FY27 results and appointed Yatin Malhotra CFO from August 1, 2026.Outcome Of Board Meeting Held On July 24, 2026 14h