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Dalmia Bharat Ltd share Price Today

Company details

1,935.10
1,977.00
1,803.15
2,430.70
6M Return -18.06%
1Y Return 3.90%
Mkt Cap.(Cr) 36,424.63
Volume 650,389
Div Yield 0.45%
OI
-
OI Chg %
-
Volume 650,389

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Cement & Cement Products company Dalmia Bharat announced Q3FY24 results:

  • Volume increased 8.1% YoY to 6.8 MnT
  • Revenue increased 7.3% YoY to Rs 3,600 crore
  • EBITDA increased 20.3% YoY to Rs 775 crore
  • Cement capacity increased to 44.6 MnT
  • One of the Lowest Carbon footprints in the global cement world at 459 kgCO2/Ton1 of Cement
  • Net Debt/EBITDA stood at 0.16x
  • Puneet Dalmia takes the additional role of CEO & MD of Dalmia (Cement) Bharat

Commenting on the quarter gone by, Puneet Dalmia, Managing Director & CEO – Dalmia Bharat, said, “India has undergone a huge metamorphosis with a lot of reforms in the last decade. With this, the base for sustainable growth has been set, the momentum is clearly built and we are now clearly transitioned from a Reform Phase into a fast Growth phase. Foreseeing this massive growth opportunity, we remain committed to our plan of 110-130 MnT by 2031.”

He further added, “Our sales volume improved 8.1% YoY with EBITDA growing 20.3% YoY to Rs 775 crore in Q3FY24. With the cement price being largely stable, correction in commodity prices has led to margin recovery; from the lows of 12.8% in Q2FY23 to 21.5% during Q3FY24. While we believe that margins may improve further from here on, our focus for the next 12-15 months would remain on improving our capacity utilization and delivering industry-leading volume growth.”

Dharmender Tuteja, Chief Financial Officer – Dalmia Bharat, said, “We continue to remain one of the lowest cost producers in the country. This, along with softening commodity prices, helped us to achieve 11.3% YoY growth in our EBITDA/T to Rs 1,138. We continue to further strengthen our operational efficiencies through strategic investments. In line with our commitment to keep net debt at less than 2 times of EBITDA, we closed this quarter with Net Debt to EBITDA at 0.16 times. Our Net Debt is now reduced to Rs 431 crore.”

Result PDF

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Dalmia Bharat Ltd shares SWOT Analysis

Strengths (4)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with Low Debt
  • Company with Zero Promoter Pledge

Weakness (6)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years

Opportunity (1)

  • Street Favorite: High Analyst Rating with at least 20% upside

Threats (2)

  • Promoter decreasing their shareholding
  • Companies with growing costs YoY for long term projects

Resistance and support

R1 1,990.8
R2 2,023.8
R3 2,044.2
Pivot

1,970.47

S1 1,937.5
S2 1,917.1
S3 1,884.1
EMA SMA
1,958.8
2,046.6
2,107.3
2,101.2
1,949.0
2,071.5
2,162.8
2,152.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
MARSHALL WACE INVESTMENT STRATEGIES - EUREKA FUND Block Purchase 2024-01-25 2154.75 256977 BSE
MARSHALL WACE INVESTMENT STRATEGIES EUREKA FUND Block Purchase 2024-01-25 2154.75 175702 NSE
SOCIETE GENERALE Block Purchase 2024-01-25 2154.75 148279 BSE
Name Category Shares
Mayuka Investment limited PROMOTER 20.76%
Shree Nirman Limited PROMOTER 8.28%
Sita Investment Company Limited PROMOTER 7.41%
Ankita Pratisthan Limited PROMOTER 6.87%
Rama Investment Company Private Limited PROMOTER 4.83%
Dalmia Bharat Sugar and Industries Limited PROMOTER 1.7%
J.H. Dalmia Trust PROMOTER 1.38%
Kavita Dalmia Parivar Trust PROMOTER 1.38%
Keshav Power Limited** PROMOTER 1.38%
Dalmia Bharat Refractories Limited** PROMOTER 0.85%
MAJ Textiles Pvt Ltd PROMOTER 0.69%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Dalmia Bharat Ltd Stocks COMPARISON

Financials( in Cr) Dalmia Bharat Ltd UltraTech Cement Ltd Ambuja Cements Ltd Shree Cement Ltd ACC Ltd
Price 1,942.15 9,749.15 612.35 25,682.85 2,491.70
% Change -0.80 1.31 1.80 -0.99 1.53
Mcap Cr 36,424.63 281,445.29 121,590.97 92,666.29 46,790.89
Revenue TTM Cr 13,540.00 61,326.50 28,965.46 17,852.33 16,151.67
Net Profit TTM Cr 1,079.00 4,916.88 3,711.04 1,269.14 1,863.10
PE TTM 30.16 43.33 36.47 41.72 27.55
1 Year Return 3.90 30.86 65.50 0.39 47.88
ROCE 7.88 12.86 21.37 8.51 18.51
ROE 6.81 9.62 15.43 7.03 13.80
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 15,616.00 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 30,755.54 31,723.05
LAST 3M 69,913.40 26,515.65
LAST 6M 130,081.93 60,306.69
LAST 12M 189,259.39 205,003.99

Dalmia Bharat Ltd Information

Stock PE (TTM)
30.16
Promoter Holding
55.84%
Book Value
853.677
ROCE
7.88%
ROE
6.81%
Description
  • Dalmia Bharat Limited is a cement manufacturing company based in India. It is primarily engaged in the manufacturing and marketing of various types of cement and related products. The company operates in two business segments—cement and refractory. The company was incorporated as a public limited company on 12 July 2013, and it has its headquarters in Tiruchirapalli District, Tamil Nadu. As of 20 October 2022, the market capitalisation of the company is Rs 28,564 crore.

    The company is listed on the National Stock Exchange (NSE), as well the Bombay Stock Exchange (BSE) under the codes DALBHARAT and 542216, respectively. The company is also included in the BSE 200 and BSE 500 indices.

    The company, along with its subsidiaries, manufactures seven kinds of cement, including OPC 53 Grade cement, PC 53-S Grade cement, OPC 43 Grade cement, PSC, PPC, SRPC, and Masonry cement. The company’s refractory products include ferrous, non-ferrous, hydrocarbon, and glass. The company’s subsidiaries are OCL Global Limited and OCL China Limited. For the quarter that ended June 2022, the company reported consolidated sales of Rs 3,302 crore with a net profit of Rs 196 crore.

    The shareholding pattern of the company in June 2022 reflected a 55.90% stake in the company was held by promoters, a 25.67% stake was held by retail investors, a 12.59% stake was held by foreign institutional investors, 5.75% was invested in mutual funds, and the remaining 0.09% stake belonged to domestic institutions. Top mutual funds in which the company has invested include PGIM India Mid Cap Opportunities Direct Growth Fund, Mahindra Manulife Mid Cap Unnati Yojana Direct Growth, Mahindra Manulife Multi Cap Badhat Yojana Direct Growth, and Nippon India Direct Growth Fund.

    The company’s management team comprises Mr Pradip Kumar Khaitan (chairman and independent director), Mr Puneet Yadu Dalmia (managing director and CEO), Mr Gautam Dalmia (managing director), Mr Niddodi Subaro Ranjan (non-executive director), and Mr Yadu Hari Dalmia (non-executive director).

    On 21 October 2022, Dalmia Bharat Limited’s shares were trading for Rs 1521.40 per share at the NSE and Rs 1520.00 per share at the BSE. The 52-week low price for Dalmia Bharat shares is Rs 1212.60, and the 52-week high price is Rs 2195.00. The top peers of the company include ACC, Ambuja Cement, Ultratech Cement, and Shree Cement.

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code: 07730), BSE Ltd (Member Code: 103) and Member of Multi Commodity Exchange of India Ltd.(Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Such representations are not indicative of future results. The securities quoted are exemplary and are not recommendatory. Investors should consult their financial advisers if in doubt about whether the product is suitable for them. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

No Data Found

AGM Date (Month) : Jun
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 542216
NSE Code : DALBHARAT
Book Closure Date (Month) :
BSE Group : A
ISIN : INE00R701025

FAQ’s on Dalmia Bharat Ltd Shares

You can buy Dalmia Bharat Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Dalmia Bharat Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 03:58 PM the closing price of Dalmia Bharat Ltd was ₹ 1,942.15.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 03:58 PM, the market cap of Dalmia Bharat Ltd stood at ₹ 36,424.63.

The latest PE ratio of Dalmia Bharat Ltd as of Mar 28, 2024 03:58 PM is 30.16

The latest PB ratio of Dalmia Bharat Ltd as of Mar 28, 2024 03:58 PM is 0.44

The 52-week high of Dalmia Bharat Ltd share price is ₹ 2,430.70 while the 52-week low is ₹ 1,803.15

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