Dalmia Bharat Limited announced robust financial results for Q4 and the full year ending March 31, 2026. The company achieved a 6% revenue increase to ₹14,804 crore for the year, while annual PAT surged by 65% to ₹1,157 crore. Driven by volume growth, price optimization, and cost-saving initiatives, the company continues to demonstrate strong operational efficiency and a solid balance sheet as it expands its pan-India footprint.
Annual Financial Performance Highlights
Dalmia Bharat Limited concluded the fiscal year 2026 on a high note, reflecting a strong performance across key financial metrics. The company reported annual revenue of ₹14,804 crore, marking a 6% growth compared to the previous fiscal year. Most notably, the Profit After Tax (PAT) reached ₹1,157 crore, reflecting a substantial 65% increase, supported by an EBITDA of ₹3,083 crore, which represents a 28% year-over-year improvement.
Operational Efficiency and Cost Management
The company’s focus on operational discipline resulted in improved profitability. EBITDA per ton saw an impressive 25% growth, reaching ₹1,027 for the year. This was achieved through a multi-faceted approach, including a 6% reduction in raw material costs and a 4% reduction in logistics costs compared to the previous year. Furthermore, the company successfully optimized its fuel mix, with Renewable Energy (RE) power capacity reaching 449 MW, a significant seven-fold increase since FY22.
Strategic Expansion and Market Presence
Dalmia Bharat continues to execute its growth strategy, maintaining a cement capacity of 49.5 MnT. The company is actively working on brownfield expansions in Belgaum, Pune, and Kadapa, which are projected to enhance capacity to 61.5 MnT by Q2-Q3 FY28. These projects are supported by a healthy balance sheet, with Net Debt to EBITDA standing at a conservative 0.46x, well below the company’s internal threshold of 2x.
Sustainability and Governance
Beyond financial metrics, the company continues to lead in sustainability. Dalmia Bharat has been ranked #1 in the Cement & Building Materials sector by BusinessWorld and maintains an ‘Exceptional’ ICRA ESG rating of 80. The company remains committed to its goal of becoming Net Carbon Negative by 2040, bolstered by its consistent investment in renewable energy and water conservation projects, including the creation of over 6+ Lac KL in water harvesting capacity.
Source: BSE
