NSE: DALBHARAT · BSE: 542216 · ISIN INE00R701025
Dalmia Bharat Limited stock analysis
Dalmia Bharat Limited ranks #2554 in the TickerSutra evidence-ranked universe with a score of 46/100 and 95% data confidence. The latest captured fundamentals show ROCE of 7.6%, quarterly sales growth of 7.0% and quarterly profit growth of -15.3%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- No calculated threshold risk in the current snapshot.
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹11,286cr | ₹2,426cr | ₹845cr | 22.0% |
| 2023 | ₹13,552cr | ₹2,328cr | ₹1,079cr | 17.0% |
| 2024 | ₹14,691cr | ₹2,639cr | ₹853cr | 18.0% |
| 2025 | ₹13,980cr | ₹2,407cr | ₹699cr | 17.0% |
| 2026 | ₹14,804cr | ₹3,083cr | ₹1,157cr | 21.0% |
| TTM | ₹15,058cr | ₹3,005cr | ₹953cr | 20.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Intimation of closure of trading window w.e.f. October 1, 2026 for the purpose of unaudited financial results of the Company for the quarter and half year ending September 30, 2026.
RoutineDalmia Bharat Ltd - 542216 - Announcement under Regulation 30 (LODR)-Newspaper PublicationBSE · 20 Sept 2026Newspaper Notice regarding Postal Ballot Notice and remote e-voting
RoutineNotice Of Shareholders Meetings-XBRLNSE · 19 Sept 2026 · Structured filingDalmia Bharat Limited has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot
Dalmia Bharat Limited has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot
Open original XBRL sourceDalmia Bharat Limited has informed the Exchange regarding Notice of Postal Ballot
RoutineDalmia Bharat Ltd - 542216 - Shareholder Meeting / Postal Ballot-Notice of Postal BallotBSE · 19 Sept 2026Intimation of Postal Ballot Notice and remote e-voting period.
MANAGEMENT COMMENTARY
Signals from filed documents
Collectively, these initiatives generated savings of more than INR150 per ton during the quarter. At the same time, healthy price increases of about INR10 to INR15 in South and INR15 to INR20 in East markets enabled us to pass on a significant portion of the input cost inflation. As a result, EBITDA per ton improved sequentially to INR1,055.
At the same time, we are steadily embedding Dalmia's operating practices across these facilities with a strong focus on improving efficiency and enhancing productivity. Our Belgaum expansion project is also progressing ahead of schedule and is expected to commission -- commence commercial production in the next 6 months. At Kadapa and Pune, site excavation is underway with contractors mobilized to begin civil and mec
Revenues from operations improved by 7% Y-o-Y during the quarter to INR3,890 crores, driven by higher sales volumes. Realizations improved 6% Q -o-Q, supporte d by healthy price increases, higher premiumization and strengthening brand position. During the quarter, we accrued INR45 crores in incentives and collected INR60 crores.
As we consolidate our brand position and cost leadership through consistent and meaningful initiatives, I'm confident that we will continue to deliver profitable growth in the quarters ahead. Now shifting gears to our capacity expansion plans. I'm particularly excited with the addition of Jaypee Cement assets to our portfolio.
So let us see how this pans out for us and for the industry. Amit Murarka: And just to be clear, this is excluding negative operating leverage, right, we see in Q2? Yatin Malhotra: No, I'm just telling you the macro headwinds.
MANAGEMENT PROMISE LEDGER
Quantified statements on the clock
“At the same time, we are steadily embedding Dalmia's operating practices across these facilities with a strong focus on improving efficiency and enhancing productivity. Our Belgaum expansion project is also progressing ahead of schedule and is expected to commission -- commence commercial production in the next 6 months. At Kadapa and Pune, site excavation is underway with contractors mobilized to begin civil and mec”
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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