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Dalmia Bharat Limited

Dalmia Bharat Limited

NSE: DALBHARAT
Building MaterialsBasic MaterialsLARGE CAPMCap ₹31.62k Cr
₹1,684.40₹74.40 (+4.62%)

Market Closed • NSE

Market cap₹31.62k Cr
Enterprise value₹32.45k Cr
P/E TTM33.77
Forward P/E23.52
P/B1.76
EPS TTM₹49.88
Forward EPS₹71.63
D/E0.41
Dividend yield0.01%
52W high₹2,319.90
52W low₹1,580.00
Price chart(1Y)
1Y Return:+1.52% (+₹25.20)
H: ₹1,925L: ₹1,580
1W+3.55%
1M-0.53%
3M-9.64%
6M-15.48%
1Y-24.28%
Today at a glance

Day range

₹1,595.00₹1,709.00

52 week range

₹1,580.00₹2,319.90
Volume317.7K3.52x 20D avg
Free float50.00%+251.90% volume

Dalmia Bharat Limited closed at INR1684.40 (+4.62%) on volume 3.52x its 20-day average, trading 27.39% below its 52-week high.

Technical analysis
RSI (14)50.1Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹52.54High
SMA 20₹1,673.56BULLISH
SMA 50₹1,750.88BEARISH
SMA 100₹1,753.67BEARISH
SMA 200₹1,863.54BEARISH
CPR bottom₹1,626.20
Pivot₹1,620.80
CPR top₹1,615.40
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -51.4% QoQ

2026-06-23

DIVIDEND Announced

Dividend - Rs 5 Per Share

2025-10-24

DIVIDEND Announced

Interim Dividend - Rs 4 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹7.41k Cr₹31.62k Cr23.42%≤ 33%PASS
Non-halal income ratio–₹14.80k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹33.10k Cr₹33.31k Cr99.36%≥ 20%PASS
Receivables ratio–₹33.31k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E33.7721.90
Forward P/E23.52—
P/B1.762.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield3.004.60
Growth & profitability
RevenuePAT
FY24PAT margin 5.60%
FY25PAT margin 4.90%
FY26PAT margin 7.70%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+1.90%
Revenue CAGR 5Y+0.60%
PAT CAGR 3Y+18.60%
PAT CAGR 5Y+6.60%
Operating margin11.41%
Net margin6.20%
Financial health & cash flow
Net debt₹7.19k CrModerate
Interest coverage3.60xEBIT / interest
CFO / PAT2.41x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹2.28k Cr
Capital expenditure–
Free cash flow₹222.0 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall65/100
Valuation50/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.41x

High Cash Flow Conversion: CFO/PAT averaged 2.41x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Building Materials.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
23 Jun 2026Dividend₹5.00 / share—23 Jun 2026
25 Oct 2025Dividend₹4.00 / share—24 Oct 2025
23 Jun 2025Dividend₹5.00 / share—23 Jun 2025
26 Oct 2024Dividend₹4.00 / share—25 Oct 2024
19 Jun 2024Dividend₹5.00 / share—19 Jun 2024
21 Oct 2023Dividend₹4.00 / share—20 Oct 2023
23 Jun 2023Dividend₹5.00 / share—23 Jun 2023
11 Nov 2022Dividend₹4.00 / share—10 Nov 2022
25 Jun 2022Dividend₹5.00 / share—23 Jun 2022
10 Nov 2021Dividend₹4.00 / share—09 Nov 2021
22 Sept 2021Dividend₹1.33 / share—21 Sept 2021
—Annual General MeetingAnnual General Meeting—22 Sept 2020
18 Feb 2020Dividend₹2.00 / share—17 Feb 2020
—Dividend₹2.00 / share—22 Aug 2019
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)52.74%-25.50% latest vs average
Highest delivery68.94%on 28 Sept
Average volume (20D)90.3KTrading-session average
Conviction trendWeakening-25.50% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Dalmia Bharat Limited
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, Dalmia Supreme, Konark Cement, 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.

IndiaBasic Materials

Questions investors ask
Is Dalmia Bharat Limited Shariah compliant?

Dalmia Bharat Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (23.42%) complies with AAOIFI threshold (≤ 33%).

What is Dalmia Bharat Limited's current valuation relative to peers?

Dalmia Bharat Limited trades at a P/E of 33.8x compared to the sector median of 21.9x, and a Price-to-Book of 1.8x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.41x. Interest coverage is 3.6x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 0.6% while net profit growth averaged 6.6%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.