About
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.
Key Metrics
as of Sep 2026Market Cap32,811 Cr
P/E29.90
Div Yield0.51 %
Book Value₹959.00
52w High₹2,496.00
52w Low₹1,605.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 108.00 | 105.00 | 101.00 | 80.00 | 75.00 | 78.00 | 61.00 | 29.00 | 34.00 | 32.00 | 30.00 | 33.00 | 35.00 |
| Expenses | 81.00 | 81.00 | 72.00 | 68.00 | 65.00 | 73.00 | 52.00 | 24.00 | 30.00 | 25.00 | 28.00 | 28.00 | 32.00 |
| Operating Profit | 27.00 | 24.00 | 29.00 | 12.00 | 10.00 | 5.00 | 9.00 | 5.00 | 4.00 | 7.00 | 2.00 | 5.00 | 3.00 |
| OPM % | 25.00 | 23.00 | 29.00 | 15.00 | 13.00 | 6.00 | 15.00 | 17.00 | 12.00 | 22.00 | 7.00 | 15.00 | 9.00 |
| Other Income | 14.00 | 78.00 | 6.00 | 7.00 | 28.00 | 70.00 | 8.00 | 12.00 | 99.00 | 12.00 | 9.00 | 85.00 | 9.00 |
| Depreciation | 10.00 | 9.00 | 10.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 2.00 | 1.00 |
| Interest | 6.00 | 11.00 | 5.00 | 1.00 | 1.00 | -2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Profit before tax | 25.00 | 82.00 | 20.00 | 15.00 | 34.00 | 75.00 | 14.00 | 14.00 | 101.00 | 17.00 | 9.00 | 87.00 | 10.00 |
| Tax % | 8.00 | 11.00 | 0.00 | 7.00 | 3.00 | -3.00 | 50.00 | 29.00 | 5.00 | 35.00 | 0.00 | 5.00 | 10.00 |
| Net Profit | 23.00 | 73.00 | 20.00 | 14.00 | 33.00 | 77.00 | 7.00 | 10.00 | 96.00 | 11.00 | 9.00 | 83.00 | 9.00 |
| EPS in Rs | 1.23 | 3.89 | 1.07 | 0.75 | 1.76 | 4.11 | 0.37 | 0.53 | 5.12 | 0.59 | 0.48 | 4.43 | 0.48 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 361.00 | 202.00 | 130.00 | 132.00 | 135.00 | 148.00 | 151.00 | 164.00 | 125.00 | 103.00 | 0.00 | 0.00 |
| Expenses | 286.00 | 179.00 | 113.00 | 118.00 | 114.00 | 133.00 | 128.00 | 126.00 | 113.00 | 86.00 | 0.00 | 0.00 |
| Operating Profit | 75.00 | 23.00 | 17.00 | 14.00 | 21.00 | 15.00 | 23.00 | 38.00 | 12.00 | 17.00 | 0.00 | 0.00 |
| OPM % | 21.00 | 11.00 | 13.00 | 11.00 | 16.00 | 10.00 | 15.00 | 23.00 | 10.00 | 16.00 | — | — |
| Other Income | 119.00 | 189.00 | 115.00 | 200.00 | 184.00 | 41.00 | 143.00 | 87.00 | 91.00 | 65.00 | 0.00 | 0.00 |
| Interest | 17.00 | 1.00 | 4.00 | 3.00 | 4.00 | 11.00 | 4.00 | 2.00 | 5.00 | 21.00 | 0.00 | 0.00 |
| Depreciation | 25.00 | 6.00 | 5.00 | 6.00 | 6.00 | 11.00 | 9.00 | 4.00 | 4.00 | 4.00 | 0.00 | 0.00 |
| Profit before tax | 152.00 | 205.00 | 123.00 | 205.00 | 195.00 | 34.00 | 153.00 | 119.00 | 94.00 | 57.00 | 0.00 | 0.00 |
| Tax % | 7.00 | 7.00 | 9.00 | 5.00 | 6.00 | 26.00 | 12.00 | 15.00 | 23.00 | 30.00 | — | — |
| Net Profit | 141.00 | 190.00 | 112.00 | 195.00 | 183.00 | 25.00 | 135.00 | 101.00 | 72.00 | 40.00 | 0.00 | 0.00 |
| EPS in Rs | 7.52 | 10.13 | 5.97 | 10.40 | 9.77 | 1.34 | 7.00 | 5.23 | 14,400.00 | 8,000.00 | 0.00 | 0.00 |
| Dividend Payout % | 121.00 | 90.00 | 153.00 | 85.00 | 91.00 | 98.00 | 29.00 | 39.00 | 7,855.00 | 0.00 | — | — |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 38.00 | 38.00 | 38.00 | 37.00 | 37.00 | 37.00 | 39.00 | 39.00 | 6,654.00 | 0.05 | 0.05 | 0.05 |
| Reserves | 7,837.00 | 7,800.00 | 7,762.00 | 7,811.00 | 7,956.00 | 7,463.00 | 7,603.00 | 7,541.00 | 859.00 | 809.00 | 0.00 | 0.00 |
| Borrowings | 219.00 | 12.00 | 5.00 | 3.00 | 5.00 | 205.00 | 19.00 | 2.00 | 2.00 | 200.00 | 0.00 | 0.00 |
| Other Liabilities | 147.00 | 163.00 | 101.00 | 96.00 | 116.00 | 72.00 | 52.00 | 100.00 | 231.00 | 6,817.00 | 0.00 | 0.00 |
| Total Liabilities | 8,241.00 | 8,013.00 | 7,906.00 | 7,947.00 | 8,114.00 | 7,777.00 | 7,713.00 | 7,682.00 | 7,746.00 | 7,826.00 | 0.00 | 0.00 |
| Fixed Assets | 280.00 | 71.00 | 66.00 | 68.00 | 72.00 | 73.00 | 90.00 | 72.00 | 74.00 | 0.00 | 0.00 | 0.00 |
| CWIP | 19.00 | 12.00 | 0.00 | 0.00 | 0.00 | 1.00 | 2.00 | 7.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Investments | 7,773.00 | 7,385.00 | 7,354.00 | 7,346.00 | 7,521.00 | 7,091.00 | 7,042.00 | 7,113.00 | 7,066.00 | 7,162.00 | 0.00 | 0.00 |
| Other Assets | 169.00 | 545.00 | 486.00 | 533.00 | 521.00 | 612.00 | 579.00 | 490.00 | 605.00 | 664.00 | 0.00 | 0.00 |
| Total Assets | 8,241.00 | 8,013.00 | 7,906.00 | 7,947.00 | 8,114.00 | 7,777.00 | 7,713.00 | 7,682.00 | 7,746.00 | 7,826.00 | 0.00 | 0.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 46.00 | 39.00 | 30.00 | 11.00 | -11.00 | 40.00 | -12.00 | -187.00 | -198.00 | 18.00 |
| Cash from Investing Activity | 138.00 | 131.00 | 68.00 | 242.00 | 305.00 | 70.00 | 205.00 | 225.00 | 431.00 | 15.00 |
| Cash from Financing Activity | -184.00 | -172.00 | -175.00 | -174.00 | -299.00 | -217.00 | -91.00 | -31.00 | -231.00 | -33.00 |
| Net Cash Flow | 0.00 | -2.00 | -77.00 | 79.00 | -5.00 | -107.00 | 102.00 | 7.00 | 2.00 | 0.00 |
| Free Cash Flow | 2.00 | 38.00 | 30.00 | 9.00 | -14.00 | 39.00 | -14.00 | -196.00 | -199.00 | 20.00 |
| CFO/OP % | 97.00 | 222.00 | 147.00 | 171.00 | 105.00 | 253.00 | 26.00 | -453.00 | -1,183.00 | 100.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 59.00 | 38.00 | 31.00 | 36.00 | 24.00 | 32.00 | 41.00 | 116.00 | 64.00 | 46.00 | — |
| Cash Conversion Cycle | 59.00 | 38.00 | 31.00 | 36.00 | 24.00 | 32.00 | 41.00 | 116.00 | 64.00 | 46.00 | — |
| Working Capital Days | -28.00 | 501.00 | 34.00 | -6.00 | 257.00 | 757.00 | 810.00 | 737.00 | 1,075.00 | 1,435.00 | — |
| ROCE % | 2.00 | 3.00 | 2.00 | 3.00 | 3.00 | 1.00 | 2.00 | 1.00 | 2.00 | 15.00 | 0.00 |
Corporate Actions
15 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 23 Jun 2026 | 23 Jun 2026 | — | 5.00 | |
| Dividend | 24 Oct 2025 | 25 Oct 2025 | — | 4.00 | |
| Dividend | 23 Jun 2025 | 23 Jun 2025 | — | 5.00 | |
| Dividend | 25 Oct 2024 | 26 Oct 2024 | — | 4.00 | |
| Dividend | 19 Jun 2024 | 19 Jun 2024 | — | 5.00 | |
| Dividend | 20 Oct 2023 | 21 Oct 2023 | — | 4.00 | |
| Dividend | 23 Jun 2023 | 23 Jun 2023 | — | 5.00 | |
| Dividend | 10 Nov 2022 | 11 Nov 2022 | — | 4.00 | |
| Dividend | 23 Jun 2022 | 25 Jun 2022 | — | 5.00 | |
| Dividend | 09 Nov 2021 | 10 Nov 2021 | — | 4.00 | |
| Dividend | 21 Sep 2021 | 22 Sep 2021 | — | 1.33 | |
| Other | 22 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 17 Feb 2020 | 18 Feb 2020 | — | 2.00 | |
| Dividend | 22 Aug 2019 | — | — | 2.00 | |
| Other | 07 Jan 2019 | 08 Jan 2019 | — | — | Reduction of Capital |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update2 Jun from crisil
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Rating update11 Aug 2025 from crisil
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Rating update6 Jun 2024 from crisil
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Rating update20 Mar 2023 from crisil
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Rating update20 Dec 2022 from crisil
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Rating update25 Nov 2022 from crisil