Dalmia Bharat Reports Consolidated Results: Achieves 9% Sales Volume Growth as Integration Continues on Acquired Cement Assets

Dalmia Bharat Reports Consolidated Results: Achieves 9% Sales Volume Growth as Integration Continues on Acquired Cement Assets​

Dalmia Bharat Limited, a prominent cement manufacturer, has reported its consolidated financial results for the quarter ending June 30, 2026. The company demonstrated strong operational growth and capacity expansion while navigating a challenging market environment.

Key highlights from the quarter include an increase in installed cement capacity to 54.7 MnTPA following the successful acquisition of 5.2 MnTPA capacity in the Central Region. Furthermore, Dalmia has made strategic investments into captive power generation and commenced commercial production at its Chunar Grinding Unit.

Financial Performance Snapshot​

The company’s performance was detailed through the consolidated financial results for Q1FY27 compared to Q1FY26.

Strategic Expansion and Operations​

Dalmia Bharat is progressing toward its goal of becoming a pan-India player through strategic acquisitions and operational milestones. The company completed the acquisition of Jaiprakash Associates' cement undertaking, which adds 5.2 MnTPA of cement capacity and 3.3 MnTPA of clinker capacity across four plants in Madhya Pradesh and Uttar Pradesh, at an Enterprise Value (EV) of Rs 2,850 Cr.

Operationally, commercial production commenced at the 2.5 MnTPA Chunar Grinding Unit on June 20, 2026. Additionally, a trial run began at the 3.3 MnTPA Rewa Clinker Unit in July.

In a strategic move to secure captive power, Dalmia entered into agreements to acquire a 41% stake (26% on fully-diluted basis) in Oyster Green Hybrid Five Private Limited. This Special Purpose Vehicle of Oyster Renewable Energy Private Limited aims to source Hybrid Power (Wind & Solar) for its Kadapa plant at an aggregate consideration of approximately Rs. 17 Cr.

Management Commentary​

Commenting on the performance, Puneet Dalmia, Managing Director & CEO, stated that the quarter marks a crucial milestone with the Central region asset acquisition, strengthening the company's path toward becoming a pan-India player. He noted that while geopolitical uncertainties persist, India’s resilience and the government focus on infrastructure provide a constructive outlook for long term cement demand.

Dharmender Tuteja, Chief Financial Officer, highlighted the robust 9% volume growth achieved despite temporary disruptions caused by state elections. Mr. Tuteja added that focused initiatives helped offset cost escalation, resulting in a strong EBITDA of Rs 1,055 per ton and underscored the company's commitment to disciplined capital allocation, maintaining modest leverage even post-acquisition.

Recognitions during the Quarter​

Dalmia Bharat Limited received several industry accolades recognizing its operational excellence and sustainability commitments during the quarter, including:

• CII-ITC Sustainability Award: Commended for 'Significant Achievement' in the Manufacturing sector under Excellence for Corporate Social Responsibility.
• FAME India Awards 2026: Multiple awards were granted to various units (JCW, KCW, GCW and Umrangso) for excellence across Health & Safety, Environment, Sustainability, and CSR.
• Kalinga Environment Excellence Award: The company received a 5 Star award for Environmental stewardship and Operational Excellence in Rajgangpur, with the KCW Unit receiving Gold category recognition for social impact and sustainable development.

DALBHARAT Stock Price Movement​

As of 1:40 PM, shares of Dalmia Bharat Limited are slipping by 3.64% in live trading, currently priced at ₹1787.2 after shedding ₹67.50 from the previous close. The stock has seen considerable activity today, with a total of 592,540 shares traded as the market continues its session.