Press Release on Unaudited Financial Results for the quarter ended June 30, 2026
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 24 Jul 2026, 01:39 PM IST · BSE ID: e56133dd-90fc-484b-8633-26b45d2cb4cd
View Original BSE Filing (PDF)
💡
In Simple Terms
The cement company reported higher sales and increased production capacity after buying new assets, but profit decreased due to acquisition costs.
🤖 AI Summary
- Dalmia Bharat reported Q1 FY27 consolidated revenue from operations of Rs 3,890 Cr, a 7.0% increase YoY.
- Sales volume for the quarter improved 9.0% YoY to 7.6 MnT.
- Installed cement capacity increased to 54.7 MnTPA following the acquisition of 5.2 MnTPA assets.
- PAT for Q1 FY27 was Rs 192 Cr, a 51.4% decrease YoY, influenced by Rs 182 Cr exceptional costs.
- Net Debt to EBITDA ratio increased to 1.47x in Q1 FY27 from 0.33x in Q1 FY26.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Sales Volume (MnT)
7.6
9.0%
Revenue from Operations
Rs 3,890 Cr
7.0%
EBITDA/T (Rs/T)
Rs 1,055
(16.4%)
PBT (before exceptional items)
Rs 436 Cr
(13.1%)
Exceptional items
Rs (182) Cr
Net Debt to EBITDA (x)
1.47x
Installed cement capacity
54.7 MnTPA
Acquired capacity
5.2 MnTPA
Acquisition EV
Rs 2,850 Cr
🏢 How This Affects the Company
The successful acquisition of 5.2 MnTPA cement assets in the Central region expands Dalmia Bharat's installed capacity to 54.7 MnTPA, strengthening its market position as a pan-India player. Sales volume increased 9.0% YoY to 7.6 MnT, indicating growth in core operations.
Revenue from operations increased 7.0% YoY to Rs 3,890 Cr. However, PAT decreased 51.4% YoY to Rs 192 Cr, primarily due to Rs 182 Cr in exceptional acquisition-related costs. Net Debt to EBITDA ratio increased to 1.47x from 0.33x, reflecting increased leverage from the acquisition.
Commercial production commenced at the 2.5 MnTPA Chunar Grinding Unit in June, and trial runs started at the 3.3 MnTPA Rewa Clinker Unit in July, indicating enhanced operational capabilities and future production potential. The company also acquired a 41% stake in Oyster Green Hybrid Five Private Limited to source hybrid power for its Kadapa plant.
The increase in Net Debt to EBITDA to 1.47x from 0.33x suggests a higher financial leverage post-acquisition, which can increase interest expense sensitivity. However, management stated leverage remains modest and commitment to prudent capital allocation.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results press release.
👤
Who Is Affected
All shareholders are affected by the reported financial performance, including the decrease in PAT to Rs 192 Cr and the increase in Net Debt to EBITDA to 1.47x. The company's expanded capacity to 54.7 MnTPA may influence long-term valuation.
🔍
Management Signal
Management is focused on strategic acquisitions to expand capacity and geographic presence, integrating acquired assets, and implementing cost leadership practices to unlock superior returns.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 results — monitor EBITDA margin and PAT after acquisition integration.
Updates on ramp-up of Chunar Grinding Unit and Rewa Clinker Unit operations.
Progress on acquiring 41% stake in Oyster Green Hybrid Five Private Limited.
MEDIUM RISK
Increased leverage post-acquisition (Net Debt to EBITDA 1.47x) and significant PAT reduction due to one-time costs.
💡 Investor Takeaway
Dalmia Bharat's Q1 FY27 consolidated revenue increased 7.0% YoY to Rs 3,890 Cr and sales volume rose 9.0% YoY to 7.6 MnT. However, PAT decreased 51.4% to Rs 192 Cr, affected by Rs 182 Cr in exceptional acquisition-related costs. Installed capacity is now 54.7 MnTPA.
⚖️ Strengths & Concerns
✅ Positives
- Sales volume improved 9.0% YoY to 7.6 MnT, and revenue from operations increased 7.0% YoY to Rs 3,890 Cr.
- Installed cement capacity expanded to 54.7 MnTPA with the acquisition of 5.2 MnTPA assets for an EV of Rs 2,850 Cr.
⚠️ Concerns
- PAT decreased 51.4% YoY to Rs 192 Cr, impacted by Rs 182 Cr in exceptional acquisition-related costs.
- EBITDA decreased 8.8% YoY to Rs 805 Cr, and EBITDA per ton decreased 16.4% YoY to Rs 1,055 per ton.
📅 Company Track Record
Previous Board Meeting filings on July 24, 2026, confirmed the approval of Q1 FY27 results and the appointment of Yatin Malhotra as CFO from August 01, 2026. This press release provides the detailed financial figures for the approved results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Dalmia Bharat's revenue from operations in Q1 FY27?
Dalmia Bharat reported a revenue from operations of Rs 3,890 Cr for the quarter ended June 30, 2026, which is a 7.0% increase YoY.
What was Dalmia Bharat's net profit (PAT) in Q1 FY27?
The company's consolidated PAT for Q1 FY27 was Rs 192 Cr, representing a 51.4% decrease compared to Rs 395 Cr in Q1 FY26.
How did acquisitions impact Dalmia Bharat's capacity and financial results in Q1 FY27?
Dalmia Bharat's installed cement capacity increased to 54.7 MnTPA after acquiring 5.2 MnTPA assets. The Q1 FY27 PAT was impacted by Rs 182 Cr in exceptional acquisition-related costs.
What was Dalmia Bharat's Net Debt to EBITDA ratio in Q1 FY27?
Dalmia Bharat's Net Debt to EBITDA ratio was 1.47x in Q1 FY27, an increase from 0.33x in Q1 FY26.
Questions based on this BSE filing only. For information purposes.