Dalmia Bharat Limited
Dalmia Bharat Limited operates in Cement & Cement Products, part of the Construction Materials sector. It booked ₹3,563 cr of revenue in its latest quarter (Q2 FY27) and kept -5.8% of sales as profit. It is the 6th largest of 9 Cement & Cement Products companies we track, by market value.
| Segment | FY20 | FY21 | FY22 | Share |
|---|---|---|---|---|
| Cement | 9,048 | 10,089 | 11,261 | 93% → 94% |
| Others | 718 | 609 | 194 | 7% → 2% |
| Discontinued operrations | — | — | 194 | 2% |
| Discontinued operations | — | — | 209 | 2% |
| Refractory (Discontinued operation) | — | — | 133 | 1% |
| Total | 9,766 | 10,698 | 11,991 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 42% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,198–2,932 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 30
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in DALBHARAT?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹3,563 cr |
| Other Income | ₹46 cr |
| Total Income | ₹3,609 cr |
| Cost of Materials | ₹616 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Inventory Change (±) | ₹-88 cr |
| Employee Benefit Expense | ₹246 cr |
| Finance Costs | ₹130 cr |
| Depreciation & Amortisation | ₹363 cr |
| Other Expenses | ₹2,296 cr |
| Total Expenses | ₹3,563 cr |
| Exceptional Items | ₹-339 cr |
| Profit before Tax | ₹-293 cr |
| Tax Expense | ₹-85 cr |
| Net Profit | ₹-205 cr |
| Net margin on total income | -5.7% |
The company made a net loss of ₹205 cr this quarter — income covered only ₹101 of every ₹100 it spent on costs and tax.
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 4,245 cr | 3,890 cr | 3,563 cr |
| Total income | 4,290 cr | 4,029 cr | 3,609 cr |
| Expenses | 3,840 cr | 3,593 cr | 3,563 cr |
| Profit before tax | 440 cr | 254 cr | -293 cr |
| Tax | 45 cr | 62 cr | -85 cr |
| Net profit (owners' share) | 387 cr | 188 cr | -207 cr |
| Net margin (owners' share, on revenue) | 9.1% | 4.8% | -5.8% |
| EPS (₹) | 20.77 | 10.02 | -11.18 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| UltraTech Cement Limited | ₹11,700 | ₹3.45 L cr | 57.6 | 8.1% | 6.4% | — |
| Grasim Industries Limited | ₹3,090 | ₹2.10 L cr | 24.4 | 8.3% | 4.4% | — |
| Ambuja Cements Limited | ₹369 | ₹91,672 cr | 118.2 | 1.3% | 2.1% | — |
| SHREE CEMENT LIMITED | ₹23,910 | ₹86,267 cr | 82.4 | 4.4% | 4.4% | — |
| JK Cement Limited | ₹5,085 | ₹39,289 cr | 56.8 | 9.4% | 4.6% | — |
| Dalmia Bharat Limitedthis company | ₹1,381 | ₹26,247 cr | — | -4.6% | -5.8% | — |
| ACC Limited | ₹1,170 | ₹21,998 cr | 59.1 | 1.8% | 1.6% | — |
| The Ramco Cements Limited | ₹745 | ₹17,604 cr | 141.1 | 1.5% | 1.4% | — |
| JSW Cement Limited | ₹122 | ₹16,499 cr | 48.4 | 5.0% | 4.5% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹4 / share | 30 Oct 2026 |
| Dividend | ₹5 / share | 23 Jun 2026 |
| Dividend | ₹4 / share | 24 Oct 2025 |
| Dividend | ₹5 / share | 23 Jun 2025 |
| Dividend | ₹4 / share | 25 Oct 2024 |
| Dividend | ₹5 / share | 19 Jun 2024 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 9 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.