DALBHARAT
Dalmia Bharat Limited (DALBHARAT) Stock Analysis
Dalmia Bharat Limited is a leading Indian cement company with a strong regional presence. It produces cement and clinker for infrastructure and housing nationwide. Capacity expansion and sustainability initiatives shape its growth in India. The company is listed on Indian stock exchanges and is headquartered in India.
Basic Materials › Building Materials
₹1,684.40
+5.37% 1W | -27.10% 52W
Market Cap
31.6k CR
P/E Ratio
33.8
52W High
₹2319.9
52W Low
₹1580
Div. Yield
0.62%
Beta
0.2
50 DMA
₹1758.2
200 DMA
₹1861
Profit Margin
6.2%
Inst. Own.
29.5%
📉 CONSOLIDATING DOWN
📉 CONSOLIDATING DOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,627 | 3,153 | 3,604 | 4,307 | 3,621 | 3,087 | 3,181 | 4,091 | 3,636 | 3,417 | 3,506 | 4,245 | 3,890 |
| Expenses | 3,014 | 2,560 | 2,825 | 3,653 | 2,952 | 2,653 | 2,670 | 3,298 | 2,753 | 2,721 | 2,904 | 3,343 | 3,085 |
| Operating Profit | 613 | 593 | 779 | 654 | 669 | 434 | 511 | 793 | 883 | 696 | 602 | 902 | 805 |
| OPM % | 17% | 19% | 22% | 15% | 18% | 14% | 16% | 19% | 24% | 20% | 17% | 21% | 21% |
| Other Income | 54 | 80 | 60 | 120 | -63 | 73 | 37 | 93 | 65 | 66 | 30 | 34 | -43 |
| Interest | 83 | 101 | 108 | 94 | 95 | 98 | 101 | 105 | 108 | 122 | 118 | 132 | 147 |
| Depreciation | 399 | 401 | 370 | 328 | 317 | 336 | 364 | 314 | 322 | 322 | 340 | 365 | 361 |
| Profit before tax | 185 | 171 | 361 | 352 | 194 | 73 | 83 | 467 | 518 | 318 | 174 | 439 | 254 |
| Tax % | 22% | 28% | 26% | 9% | 25% | 33% | 20% | 6% | 24% | 25% | 26% | 10% | 24% |
| Net Profit | 144 | 123 | 266 | 320 | 145 | 49 | 66 | 439 | 395 | 239 | 128 | 394 | 192 |
| EPS in Rs | 6.93 | 6.29 | 14.02 | 16.80 | 7.52 | 2.45 | 3.25 | 23.19 | 20.95 | 12.58 | 6.50 | 20.63 | 10.02 |
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,444 | 8,579 | 9,484 | 9,674 | 10,110 | 11,286 | 13,552 | 14,691 | 13,980 | 14,804 | 15,058 |
| Expenses | 5,550 | 6,543 | 7,542 | 7,591 | 7,340 | 8,860 | 11,224 | 12,052 | 11,573 | 11,721 | 12,053 |
| Operating Profit | 1,894 | 2,036 | 1,942 | 2,083 | 2,770 | 2,426 | 2,328 | 2,639 | 2,407 | 3,083 | 3,005 |
| OPM % | 25% | 24% | 20% | 22% | 27% | 22% | 17% | 18% | 17% | 21% | 20% |
| Other Income | 296 | 274 | 235 | 217 | 145 | 171 | 532 | 314 | 140 | 195 | 87 |
| Interest | 856 | 708 | 542 | 415 | 303 | 202 | 234 | 386 | 399 | 480 | 519 |
| Depreciation | 1,226 | 1,213 | 1,296 | 1,528 | 1,250 | 1,235 | 1,305 | 1,498 | 1,331 | 1,349 | 1,388 |
| Profit before tax | 108 | 389 | 339 | 357 | 1,362 | 1,160 | 1,321 | 1,069 | 817 | 1,449 | 1,185 |
| Tax % | 69% | 25% | -3% | 33% | 13% | 27% | 18% | 20% | 14% | 20% | |
| Net Profit | 44 | 291 | 349 | 238 | 1,183 | 845 | 1,079 | 853 | 699 | 1,157 | 953 |
| EPS in Rs | 8,800.00 | 58,400.00 | 15.96 | 11.61 | 62.58 | 43.55 | 55.21 | 44.04 | 36.41 | 60.73 | 49.73 |
| Dividend Payout % | 0% | 1,937% | 13% | 17% | 2% | 20% | 16% | 21% | 25% | 15% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 3.0% | 8.0% | – |
| Profit CAGR | -1.0% | -2.0% | – |
Shareholding Pattern
Promoters55.84%
FIIs8.23%
DIIs17.37%
Public18.42%
Promoters55.84%
FIIs8.75%
DIIs17.81%
Public17.45%
Promoters55.84%
FIIs7.92%
DIIs18.99%
Public17.11%
Promoters55.84%
FIIs7.15%
DIIs20.25%
Public16.61%
Promoters55.84%
FIIs6.81%
DIIs19.95%
Public17.26%
Promoters55.86%
FIIs12.87%
DIIs8.53%
Public22.59%
Promoters55.84%
FIIs11.37%
DIIs12.62%
Public20.03%
Promoters55.84%
FIIs8.29%
DIIs16.43%
Public19.29%
Promoters55.84%
FIIs7.15%
DIIs20.25%
Public16.61%
Promoters55.84%
FIIs6.81%
DIIs19.95%
Public17.26%
DALBHARAT
Holdings Analysis
Key strengths & risk signals
45
Overall
46
Fundamental
45
Technical
Risks (4)
OVERVALUED! PEG of 9.31 means expensive relative to growth rate.
WEAK YEAR! Stock declined 17.8% in the last year.
BEARISH SENTIMENT! In last 30 days: 18 up days, 11 down days. Avg volume on up days: 301,144 vs down days: 386,237. Ratio: 0.78x
LOWER HALF! Trading at 23.1% of 52W range - weakness visible.
Strengths (4)
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
LOW VOLATILITY! Beta of 0.10 - stable stock, less market risk.
MIXED POSITION! Current price (1810.8) above 50-day but below 200-day.
NEUTRAL! RSI at 54.2 - balanced momentum.
Fundamental & Technical Analysis
45Overall
46Fundamental
45Technical
Fundamental Breakdown
Growth Quality
10/30
Revenue CAGR: 3.8% (SLOW, 5/15). Profit CAGR: 3.2% (SLOW, 5/15).
Profit Margin
3/10
LOW MARGIN! 7.7% profit margin - thin profits.
PEG Valuation
0/10
OVERVALUED! PEG of 9.31 means expensive relative to growth rate.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.54% yield - little to no income.
Debt to Equity
8/10
LOW DEBT! D/E of 0.33 - strong balance sheet.
Public Holding
14/20
MODERATE PUBLIC HOLDING! 21.29% public ownership - balanced ownership structure.
Stability Index
8/10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Technical Breakdown
Moving Averages
5/10
BEARISH TREND! 50-day average (1742.6) is below 200-day average (1951.2) - negative signal.
Price Position
6/10
MIXED POSITION! Current price (1810.8) above 50-day but below 200-day.
Trend Pattern
10/20
AT RESISTANCE! Stock is at key resistance level.
52W Performance
2/10
WEAK YEAR! Stock declined 17.8% in the last year.
Volume Sentiment
10/30
BEARISH SENTIMENT! In last 30 days: 18 up days, 11 down days. Avg volume on up days: 301,144 vs down days: 386,237. Ratio: 0.78x
RSI
3/5
NEUTRAL! RSI at 54.2 - balanced momentum.
52W Range
2/5
LOWER HALF! Trading at 23.1% of 52W range - weakness visible.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - -0.7% (1 week), 4.5% (1 month), -7.7% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.10 - stable stock, less market risk.
DALBHARAT
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-07-28 | Concall PDF | |
| Q2FY262026-01-23 | Concall PDF | |
| Q1FY262025-10-22 | Concall PDF |
Peer Comparison
Basic Materials · Building Materials · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DALBHARAT | ₹1,684.40 | 33.8 | 6.2% | 3.0% | 3.2% | -27.1% | 45 | CONSOLIDATING DOWN | -52.2% | -51.4% | +7.0% | -8.4% |
| JKCEMENT | ₹4,923.00 | 40.2 | 6.6% | 12.1% | 32.8% | -25.3% | 57 | CONSOLIDATING DOWN | -14.5% | -16.6% | +20.3% | +3.7% |
| ACC | ₹1,187.20 | 11.7 | 7.6% | 12.9% | 48.7% | -37.9% | 62 | APPROACHING RESISTANCE | -60.8% | -38.3% | -7.8% | -18.7% |
| SHREECEM | ₹22,460.00 | 49.7 | 7.4% | 5.7% | 11.1% | -25.3% | 49 | APPROACHING SUPPORT | -17.7% | +0.7% | +18.0% | +2.2% |
| AMBUJACEM | ₹360.00 | 20.4 | 11.1% | 8.9% | 34.6% | -38.1% | 67 | CONSOLIDATING DOWN | -33.6% | -68.5% | -7.5% | -13.0% |
| GRASIM | ₹2,920.00 | 34.8 | 3.1% | 14.3% | -10.1% | +1.3% | 57 | BOUNCE FROM SUPPORT | +51.1% | +9.6% | +21.4% | -4.7% |
| ULTRACEMCO | ₹10,907.00 | 37.6 | 9.3% | 11.9% | 17.3% | -12.7% | 64 | BREAKOUT | +16.8% | -12.9% | +15.9% | -4.5% |
| RAMCOCEM | ₹805.40 | 29.5 | 7.0% | 3.3% | 30.5% | -23.1% | 65 | BOUNCE FROM SUPPORT | -63.3% | -79.3% | +9.6% | -12.9% |
Data from TradeAlone · Updated daily
