Dalmia Bharat

Quick check

The five things to look at first. Open one for more.

• DebtHigh safetyRated AA+ by CRISIL.
• ResultsProfit fallingIn the Jun 2026 quarter, sales rose 7% and profit fell 51% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 56% of the company, about the same as in Jun 2025.
• ValuationCheap vs its pastThe share trades at 25.2 times its yearly earnings (P/E), cheaper than 98% of the time in the last 5 years. Its usual P/E is about 38.

Dalmia Bharat against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)25.2 against a typical 30: cheaper than most peers (1st = cheapest).19th of 40
• Sales growth+7% against a typical +9.4% from a year earlier.22nd of 37
• Profit growth−51.4% against a typical −31.3% from a year earlier.21st of 28
• Share price, 3 months−18.9% against a typical −13.2%.28th of 39
• Size₹ 29,800.7 Cr. market value against a typical ₹ 686.3 Cr. (1st = largest).4th of 32

Exchange filings and their impact on the company.

• 26 Oct 2026Outcome of Board MeetingHigh impactNegativePrice −6.6% on 27 Oct
  Q2 swings to Rs 205 cr loss on Rs 339 cr one-offs while Rs 2,850 cr acquisition lifts sales and debt.

  Dalmia Bharat reported Q2 FY27 consolidated revenue of Rs 3,563 crore, up from Rs 3,417 crore a year ago, but swung to a net loss of Rs 205 crore versus a Rs 239 crore profit on Rs 339 crore of one-offs including Rs 282 crore impairment of captive power plants and a brand plus Rs 57 crore for employee separation. The results include the Rs 2,850 crore Jaiprakash Associates cement business bought in May 2026 adding 5.2 MTPA cement capacity, which pushed borrowings to Rs 9,582 crore. The board also declared an interim dividend of Rs 4 per share with record date 30 October 2026.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Puneet Yadu Dalmia

Chief Executive Officer, Managing Director, Executive Director

Dharmender Tuteja

Chief Financial Officer

Udaiy Khanna

Chief Human Resources Officer

Manu Sood

Chief Digital and Information Officer

Rajeev Kumar

Compliance Officer, Company Secretary

Rajiv Kumar Choubey

Chief Risk Officer, Group General Counsel

Gautam Dalmia

Managing Director, Whole-Time Director

Kailash Chand Birla

Head Projects