DALBHARAT · NSE
Dalmia Bharat Limited
₹1,761.4
+4.02% (+₹68.1)
Prev. close
₹1,693.3
Volume
3,74,184
Delivery %
52.1%
As of
18 Sept 2026
Price history
Analyst sentiment
Analysts lean bullish
1 analyst stance · last 90 days · one per analyst
Trackable
1 · 1 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Maintains 'Buy' rating on Dalmia Bharat with a target price of ₹2,430 per share due to attractive valuation compared to …” | Axis Securities AnalysisAxis Securities | Dalmia Bharat | NOT GRADED |
Fundamentals
About Dalmia Bharat Limited
Dalmia Bharat Limited, together with its subsidiaries, manufactures and sells cement and its related products primarily in India. It offers ordinary Portland cement (OPC), Portland pozzolana cement (PPC), Portland composite cement (PCC), and Portland slag cement (PSC) under the Dalmia DSP Cement, Dalmia Cement, Konark Cement, Dalmia Bharat Weather365, InfraPro Cement, and InstaPro Cement brand names. The company also provides Dalmia Magic Premium Skim Coat, a natural colour tone alternative to wall putty; Dalmia Magic FIBROTHICK, a versatile cement based micro-texture; Dalmia Magic Premium Ceilingfast, a fiber polymer modified cement-based plaster; Dalmia Magic INNOBOND, a versatile thin-set block jointing mortar for thin bed applications; Dalmia Magic INNOFIX, a versatile adhesive material for very thin bed applications; and Dalmia Infra Green products. It serves institutional and commercial establishments, individual home builders, and government bodies engaged in infrastructure development. The company was formerly known as Odisha Cement Limited and changed its name to Dalmia Bharat Limited in April 2019. Dalmia Bharat Limited was founded in 1939 and is headquartered in New Delhi, India.
Details
Sector
Basic Materials
Industry
Building Materials
CEO
Mr. Puneet Yadu Dalmia B.Tech., M.B.A.
Headquarters
New Delhi
Employees
5,841
Website
dalmiabharat.comExchange
View on NSE ↗Key stats
Market cap
₹33,066.55 Cr
P/E ratio (TTM)
35.3
Dividend yield
0.59%
EPS (TTM)
₹49.95
Beta (1Y · daily vs NIFTY 50)
1.20
Beta (5Y · monthly vs NIFTY 50)
0.94
Shares float
7.41 Cr
EPS · quarter ended Jun 2026
₹10.02
Upcoming earnings
15 Oct 2026
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based
05 · Capital Structure & Asset Utilization
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
07 · Debt Level & Coverage
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹10,522.00 Cr | ₹11,286.00 Cr | ₹13,540.00 Cr | ₹14,691.00 Cr | ₹13,980.00 Cr | ₹14,804.00 Cr | |
| EBITDA | ₹2,973.00 Cr | ₹2,584.00 Cr | ₹2,868.00 Cr | ₹2,954.00 Cr | ₹2,547.00 Cr | ₹3,279.00 Cr |
| ₹1,231.00 Cr | ₹1,144.00 Cr | ₹1,035.00 Cr | ₹826.00 Cr | ₹683.00 Cr | ₹1,139.00 Cr | |
| Diluted EPS | ₹65.55 | ₹61.11 | ₹55.19 | ₹44.03 | ₹36.42 | ₹60.73 |
Net income for Mar 2022 could not be independently verified against the company's own annual report: this page shows ₹1,144.00 Cr while the annual report gives ₹1,173.00 Cr (2.5% apart). That disagreement leaves the whole cross-check inconclusive, so Net income for Mar 2020 (the annual report alone gives ₹238.00 Cr) is left blank here too, rather than shown from only one of the two sources.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹21,886.00 Cr | ₹24,668.00 Cr | ₹25,519.00 Cr | ₹27,712.00 Cr | ₹30,171.00 Cr | ₹33,259.00 Cr | |
| — | — | ₹3,855.00 Cr | ₹4,805.00 Cr | ₹5,702.00 Cr | ₹7,406.00 Cr | |
| Stockholders' equity | ₹12,810.00 Cr | ₹16,061.00 Cr | ₹15,628.00 Cr | ₹16,397.00 Cr | ₹17,374.00 Cr | ₹17,979.00 Cr |
Current assets, Trade receivables, Cash & equivalents, Non-current assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹3,604.00 Cr | ₹1,932.00 Cr | ₹2,252.00 Cr | ₹2,635.00 Cr | ₹2,117.00 Cr | ₹2,278.00 Cr | |
| Investing cash flow | ₹-276.00 Cr | ₹-1,050.00 Cr | ₹-2,326.00 Cr | ₹-2,750.00 Cr | ₹-2,270.00 Cr | ₹-3,023.00 Cr |
| ₹-3,375.00 Cr | ₹-942.00 Cr | ₹168.00 Cr | ₹222.00 Cr | ₹-39.00 Cr | ₹808.00 Cr | |
| Capital expenditure | ₹-1,035.00 Cr | ₹-1,769.00 Cr | ₹-2,709.00 Cr | ₹-2,827.00 Cr | ₹-2,664.00 Cr | ₹-2,056.00 Cr |
| End cash position | — | ₹140.00 Cr | ₹234.00 Cr | ₹341.00 Cr | ₹149.00 Cr | ₹212.00 Cr |
Debt issued, Debt repaid, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Dec 21(2Q) | Mar 22–Jun 22(2Q) | Sep 22 | Dec 22–Jun 23(3Q) | Sep 23 | Dec 23–Jun 26(11Q) |
|---|---|---|---|---|---|---|
| Promoter | 55.97% | 55.90% | 55.87% | 55.86% | 55.85% | 55.84% |
| Public | 44.03% | 44.10% | 44.13% | 44.14% | 44.15% | 44.16% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Basic Materials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| UltraTech Cement Limited | ₹3.17 L Cr | ₹11,014 | 36.9 | 4.13 | 10.7% | 0.31 | +16.6% | -12.8% |
| JSW Steel Limited | ₹3.06 L Cr | ₹1,275.6 | 12.4 | 3.06 | 22.3% | 1.19 | +9.3% | +13.8% |
| Hindustan Zinc Limited | ₹2.42 L Cr | ₹596 | 14.2 | 10.69 | 61.1% | 0.39 | +18.6% | +31.0% |
| Asian Paints Limited | ₹2.35 L Cr | ₹2,451.3 | 49.3 | 11.01 | 20.2% | 0.18 | +5.1% | -1.1% |
| Tata Steel Limited | ₹2.28 L Cr | ₹187.29 | 20.7 | 2.23 | 10.6% | 0.90 | +6.2% | +9.3% |
| Hindalco Industries Limited | ₹2.18 L Cr | ₹986.5 | 13.3 | 1.59 | 9.8% | 0.73 | +15.0% | +31.5% |
| Grasim Industries Limited | ₹2.15 L Cr | ₹3,209.2 | 37.9 | 2.08 | 4.8% | 2.20 | +18.2% | +11.5% |
| Solar Industries India Limited | ₹1.71 L Cr | ₹18,815 | 86.1 | 27.25 | 26.7% | 0.29 | +30.6% | +27.0% |
| Vedanta Aluminium Metal Limited | ₹1.60 L Cr | ₹416.5 | 42.1 | — | — | — | — | — |
| Pidilite Industries Limited | ₹1.58 L Cr | ₹1,572.1 | 59.8 | 14.58 | 22.6% | 0.04 | +11.1% | -48.5% |
| JINDAL STEEL LIMITED | ₹1.11 L Cr | ₹1,103 | 41.1 | 2.19 | 6.6% | 0.44 | +5.5% | +4.7% |
| Dalmia Bharat Limited | ₹31,654.83 Cr | ₹1,693.3 | 33.8 | 1.76 | 6.3% | 0.41 | +5.9% | -31.6% |
Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 16
Concall transcripts
Show all 12
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
29 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.