Dalmia Bharat released its Q2 FY26 investor presentation, showcasing a 3% YoY sales volume growth and ₹1,013/T EBITDA. The company focuses on expanding capacity to 110-130 MnT by 2031 and emphasizes sustainability, aiming for 48.1% renewable energy share. Additionally, an interim dividend of ₹4 per share was declared, reflecting the company’s strong financial health and commitment to shareholder returns.
Strategic Growth Initiatives
Dalmia Bharat aims to increase its capacity to between 110-130 MnT by 2031, solidifying its position as a key player in the cement industry. The company has set a target of reaching 75 MnT capacity by FY2028, indicating a focused approach to expansion. A strong balance sheet is being maintained to support these growth initiatives, ensuring financial stability for future projects.
Q2 FY26 Financial Performance
In Q2 FY26, Dalmia Bharat achieved an EBITDA of ₹1,013 per ton. The company’s sales volume experienced a growth of 3% year-over-year. This marks the second consecutive quarter where the company has achieved a four-digit EBITDA per ton, showcasing consistent financial performance.
Sustainability and Renewable Energy
Dalmia Bharat is committed to increasing its share of renewable energy. Currently, renewable energy accounts for 48.1% of the company’s energy mix, highlighting a dedication to sustainable practices. The company’s operational renewable energy capacity has been increased to 387 MW.
Capital Allocation and Dividends
The board has declared an interim dividend of ₹4 per share, demonstrating a commitment to delivering shareholder value. This decision underscores the company’s strong financial position and its ability to generate returns for investors.
Capacity Expansion Details
The company’s cement capacity as of FY25 stands at 49.5 MnT. Significant expansions are planned, including +3.0 MnT at Pune, MH, +3.0 MnT at Belgaum, KA, and +6.0 MnT at Kadapa, AP. The addition of a bulk terminal in Chennai, TN is also underway.
Commitment to Green Power
As of Q2FY26, the renewable energy capacity has reached 387 MW and the company expects the total RE capacity to reach 576 MW by FY26.
Source: BSE
