Sector: Cement and Construction
|Large Cap
Dalmia Bharat Ltd.
₹1,822.10
Invest in DALBHARAT with up to 4.00x margin.
Trade with MTF₹1793.00
₹1844.40
₹1675.10
₹2496.30
Markets Today
Historical Performance
Indicator | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 |
|---|---|---|---|---|---|
| Total Revenue | 105 | 101 | 80 | 75 | 78 |
| Operating Expense | 81 | 72 | 68 | 65 | 73 |
| Operating Profit | 24 | 29 | 12 | 10 | 5 |
| Depreciation | 9 | 10 | 3 | 3 | 2 |
| Interest | 11 | 5 | 1 | 1 | -2 |
| Tax | 9 | 0 | 1 | 1 | -2 |
| Net Profit | 73 | 20 | 14 | 33 | 77 |
Research Type
Equity , Long Term
Buy Range
₹2,035 - ₹0
Target Price
₹2,420
Stop Loss
-
Target Date
1 Dec 26
Potential Returns
18.92 %
₹1822.10
↗ Bullish Moving Average
0
↘ Bearish Moving Average
16
Dalmia Bharat Limited, with its corporate operations in New Delhi, functions as a cement manufacturing company in India . The company produces clinker and a range of cement products including Portland pozzolana cement, Portland slag cement, Portland composite cement, and ordinary Portland cement under brand names such as Dalmia Cement, Dalmia DSP, and Konark Cement . Dalmia Bharat has a substantial reach with manufacturing plants spread across multiple states in India, including Tamil Nadu, Andhra Pradesh, Odisha, Assam, and Maharashtra . The company was originally founded in 1939 and was formerly known as Odisha Cement Limited before changing its name in 2019 .
Dalmia Bharat share price on NSE and BSE signifies how market participants react to the company’s operational performance and the overall developments in the building materials sector. The company’s financial health depends on factors like cement sales volumes, capacity utilization rates, raw material limestone and fuel costs, and the company’s ability to manage logistics expenses . Dalmia Bharat stock price gets influenced by various factors such as earnings reports, changes in government infrastructure spending, and trends in housing and real estate demand. In the longer run, strategies such as capacity expansion, new plant openings, and renewable energy adoption affect the stock market sentiments. All these factors need monitoring to have an idea about the company’s stock price movements.
Dalmia Bharat live share price provides real-time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of the Dalmia Bharat stock price movements helps in observing short term price volatility and shows how a stock moves relative to the broader commodity index. Furthermore, monitoring Dalmia Bharat live price helps investors understand real-time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short-term performance and respond to news, quarterly results, or sector trends that may influence the company’s valuation.
Dalmia Bharat Limited is part of the Dalmia Group, with origins tracing back to 1939 when Dalmia Cement was established by Jaidayal Dalmia. The present corporate structure of Dalmia Bharat Limited emerged through subsequent restructuring and consolidation of cement businesses within the group. The company is headquartered in New Delhi, India, with its registered office in Dalmiapuram, Tamil Nadu. It operates as a cement manufacturing company focused on the production and sale of cement and related products in India. Over the years, the company has expanded its manufacturing capacity and geographic reach across southern, eastern, northeastern, and other regions of India. Its operations include multiple cement plants, supported by logistics and distribution networks. The company is listed on the National Stock Exchange and the Bombay Stock Exchange.
Revenue is primarily generated from the manufacture and sale of cement products
The cement industry in India is closely linked to economic growth, infrastructure development, and construction activity. Demand is driven by housing, urban development, industrial projects, and public infrastructure investments. India is one of the largest cement producers globally, with growth supported by increasing urbanisation and government-led infrastructure initiatives.
The industry is also characterised by capacity expansion, regional competition, and a shift toward blended cement and energy-efficient production methods. Environmental considerations, including reduction in carbon emissions and use of alternative fuels, are increasingly influencing industry practices.
Within this environment, Dalmia Bharat Limited operates as a cement manufacturer with a focus on capacity expansion, regional market presence, and operational efficiency in the Indian cement sector.
Dalmia Bharat Limited is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Dalmia Bharat share price is available for trading on the NSE under the symbol DALBHARAT and on the BSE with the scrip code 542216 . The company’s market presence is primarily within the mid-cap segment of the market . Due to its size and sector focus, Dalmia Bharat stock price is generally tracked by investors interested in the cement and building materials industry.
Dalmia Bharat is part of several broad-based and sector-specific stock market indices, reflecting its position as a mid-cap cement company in India. Dalmia Bharat share price is a constituent of wider market indices such as the BSE 500, BSE MidCap, and BSE Commodities indices . In addition, the company is included in multiple BSE indices which capture companies across large, mid, and small-cap segments.
Dalmia Bharat share price on NSE reflects its status as a cement manufacturer with a strong focus on the South and East Indian markets. Performance gets driven by factors like cement sales volume, capacity utilization, raw material limestone and pet coke prices, and the company’s ability to manage logistics and freight costs effectively . Investors compare Dalmia Bharat share price today with other cement companies to gauge relative performance within the sector.
These underlying factors often appear through real market movements across different periods. Broader sector strength has played a role in supporting Dalmia Bharat share price. In addition to operational and sector-led factors, corporate actions such as dividend announcements can also have a significant impact on Dalmia Bharat share price movements in the short term. The company has paid dividends to shareholders, with a dividend yield of over zero point five percent, showing its ability to reward shareholders . This shows how corporate actions can trigger short-term swings, even within a competitive commodity framework influenced by raw material prices and infrastructure demand cycles.
While short-term movements reflect events and announcements, longer-term valuation trends become visible through Dalmia Bharat share price 52-week high and low, providing context beyond daily or weekly changes . Highs indicate strong cement demand and stable margins, while lows align with market corrections or sector volatility. These levels capture the impacts of government policies, infrastructure spending, and earnings visibility, providing context for the stock’s historical performance.
Dalmia Bharat stock performance reflects the trading behaviour of a mid-cap cement company operating within India’s competitive building materials landscape. The company’s diversified product portfolio across multiple cement grades and its focus on the South and East markets have shaped its Dalmia Bharat share price history . Over time, the stock has shown long-term wealth creation, marked by periods of gains and phases of consolidation. The company has been recognized for achieving one of the lowest carbon footprints in the cement industry globally, which has been a point of differentiation .
Dalmia Bharat stock performance over time has closely followed India’s infrastructure spending and housing demand cycles. The company serves institutional and commercial customers, individual home builders, and government bodies engaged in infrastructure development . Over longer investment horizons, the stock has delivered mixed returns, with a five-year return showing positive growth but a three-year return showing a slight decline . The stock reached a 52-week high at a certain level and a 52-week low at a different level, reflecting the volatility inherent in the cement business .
Despite the disruptions caused by the COVID-19 pandemic, Dalmia Bharat shares showed resilience. While the broader economy faced challenges with lockdowns and supply chain disruptions, the company’s focus on essential infrastructure materials helped the stock recover. The company’s manufacturing facilities resumed operations gradually following government guidelines during lockdowns.
Dalmia Bharat share price has seen decreases due to several recurring reasons. A decline in cement demand from infrastructure or real estate sectors directly impacts sales and leads to selling pressure. Changes in government policy, such as alterations in GST rates on cement or changes in environmental regulations for mining, can also cause the stock to fall. Furthermore, any increase in operational costs like raw material procurement costs for limestone or fuel costs for pet coke without a matching rise in cement prices squeezes the company’s margins, making the stock less attractive. Periods of economic slowdown that reduce construction activity raise concerns about cement demand, leading to a drop in Dalmia Bharat share price. The stock is also sensitive to competitive intensity in the cement sector; if rival companies undertake aggressive capacity expansion leading to oversupply, it can lead to a decrease in Dalmia Bharat stock price as investors adjust expectations for future pricing power . Broader market sell-offs in mid-cap commodity stocks also pull the price down, regardless of the company’s individual performance. A decrease in utilization rates or lower realizations per tonne directly hurts the company’s revenue, resulting in a lower valuation for Dalmia Bharat share price. The company’s net profit for the financial year 2024 decreased by over twenty percent compared to the previous year, reflecting margin pressures from higher input costs and increased competition .
Dalmia Bharat is a holding in building materials and mid-cap portfolios, offering exposure to cement manufacturing, clinker production, and specialty building products. Inclusion in commodity and infrastructure indices underscores its importance in India’s cement manufacturing space. The company’s diversified product portfolio, focus on operational efficiency, and expansion plans make it a consideration for long-term allocations.
Dalmia Bharat equity is held by a broad mix of promoters and institutional investors, reflecting its standing in India’s cement sector. Promoter holding remains stable at around fifty five point eight four percent . Prominent mutual fund holders include Life Insurance Corporation of India Asset Management, SBI Funds Management, and Nippon Life India Asset Management, with mutual funds collectively holding approximately fifteen point three one percent of the company . Other institutional investors include foreign institutional investors holding around seven point nine two percent and other domestic institutions holding nearly three point six eight percent of the company’s shares . Retail investors hold approximately seventeen point two five percent of the company’s shares. This broad investor base with institutional participation underscores the company’s role as a holding in both domestic and global portfolios focused on building materials.
Beyond fundamentals and ownership, Dalmia Bharat share price is actively monitored by market participants. The stock is available for trading in the futures and options segment on the NSE, allowing investors to take positions based on their outlook for the cement sector. Market participants watch derivative indicators such as open interest and rollover patterns to gauge sentiment around quarterly results and policy announcements.
Technical indicators such as RSI, MACD, and MFI provide additional insight into short-term momentum shifts in the company’s stock price. While these indicators are primarily used for near-term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements.
Dalmia Bharat stock price has exhibited certain volatility patterns. Dalmia Bharat beta has generally remained at levels reflecting its position as a mid-cap commodity stock with institutional participation and business fundamentals tied to the infrastructure cycle. The company’s focus on expansion and capital expenditure has influenced its risk profile. Over shorter timeframes, the stock has shown relatively higher sensitivity to market movements, indicating short-term volatility. During the three-month period, this sensitivity appears more balanced, suggesting a stable trading pattern. Across longer durations, the beta trends in a manner indicating continued correlation with overall market fluctuations. This behaviour is typical for companies in the cement sector with exposure to commodity price cycles. Overall, these variations across different timeframes highlight that while Dalmia Bharat may experience short-term fluctuations, its longer-term volatility remains characteristic of a mid-cap commodity stock.
Dalmia Bharat sector relevance stems from its scale in cement manufacturing and its strong presence across the South and East Indian markets . Peer comparisons with companies like UltraTech Cement, Ambuja Cements, ACC Limited, Shree Cement, JK Cement, and The Ramco Cements focus on production capacity, capacity utilization, cost per tonne, and geographical presence rather than short-term stock moves . These benchmarks help investors assess operational scale, efficiency, and market positioning. Institutional tracking of infrastructure spending, housing demand, and input cost trends further highlights Dalmia Bharat positioning within India’s broader cement manufacturing market.
Dalmia Bharat market cap history shows the company’s position within the cement sector. Since its rechristening from Odisha Cement Limited in 2019, the market capitalization has grown as the company expanded its manufacturing capacity . The company’s focus on achieving one of the lowest carbon footprints globally contributed to a re-evaluation by the market. This transition from a regional cement player to a nationally recognized mid-cap company has been a key factor in how the company’s overall valuation has evolved over time. The company currently maintains a market capitalization in the mid-cap range, with a market cap of over thirty two thousand crore rupees .
Dalmia Bharat earnings history demonstrates the impact of its strategic business decisions and external market conditions. The company reported revenue of over fourteen thousand six hundred fifty crore rupees for the trailing twelve months, with net profit of over one thousand one hundred eighty six crore rupees . For the financial year 2024, the company reported revenue of over fourteen thousand nine hundred ninety crore rupees, with profit of over eight hundred twenty six crore rupees, representing a decrease of over twenty percent from the previous year . The company’s operating profit margin for the trailing twelve months stood at over eleven percent . The company’s earnings before interest, taxes, depreciation, and amortisation per tonne has shown variation, with a high of over one thousand two hundred sixty one rupees in a recent quarter .
Dalmia Bharat EPS provides insight into its operational performance and income generation from cement and clinker sales. Over the years, earnings per share have shown variation in line with the company’s business cycle and industry conditions. The company’s focus on cost reduction through renewable energy adoption and logistics optimization has influenced the EPS trajectory . Quarterly performance reflects the ongoing earnings from manufacturing operations, with the cement division contributing significantly to the overall per-share earnings picture. The company’s basic earnings per share for the trailing twelve months was reported at over sixty three rupees .
Dalmia Bharat P/E ratio reflects how investors perceive the company’s earnings relative to its business model. The company’s price-to-earnings ratio has been observed around twenty seven to twenty eight times, indicating the valuation the market assigns to the company’s earnings . This ratio represents a slight discount compared to the industry median. The ratio has moved in response to how investors view the company’s prospects in areas like capacity expansion and cost reduction. The company’s P/E ratio has fluctuated based on earnings performance and market sentiment, with the ratio decreasing from over fifty times in the financial year 2025 to lower levels currently . These changes highlight how market sentiment has evolved alongside the company’s business transformation and expansion strategy.
Summary
Dalmia Bharat Limited manufactures cement, clinker, and specialty building products for infrastructure and housing projects across India. Dalmia Bharat share price on the NSE and BSE reflects trading activity within the cement and building materials industry. The company has a notable presence in domestic markets. Dalmia Bharat stock price is influenced by infrastructure spending, housing demand, raw material costs, and broader economic factors. The company’s focus on operational efficiency and capacity expansion remains a key aspect of its business profile.
| Held By | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoter | 55.8 | 55.8 | 55.8 | 55.8 | 55.8 | 55.8 |
| FII | 9.1 | 8.3 | 8.2 | 8.8 | 7.9 | 7.2 |
| DII | 14.8 | 16.5 | 17.5 | 17.9 | 19.1 | 20.3 |
| Public | 20.2 | 19.3 | 18.4 | 17.4 | 17.1 | 16.6 |
| Period | Combined Delivery Volume | NSE+BSE Traded Volume Avg | Daily Avg Delivery Volume % |
|---|---|---|---|
| Day | 1.82 L | 3.37 L | 54.18% |
| Week | 1.86 L | 3.55 L | 52.30% |
| 1 Month | 2.28 L | 4.54 L | 50.19% |
| 6 Month | 1.72 L | 3.22 L | 53.32% |
Benjamin Graham Value Screen
Buy Zone: Stocks in the buy zone based on days traded at current PE and P/BV
Mid-range Performer (DVM)
Best Bargains Screener: Above line growth, Below line valuations
Growth Stars: Strongest Annual EPS Performers
Strong QoQ EPS Growth in recent results
PEG lower than Industry PEG
Growth in Net Profit with increasing Profit Margin (QoQ)
Companies with Low Debt
Increasing Revenue every quarter for the past 2 quarters
Book Value per share Improving for last 2 years
Companies with Zero Promoter Pledge
Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
| 24 Oct, 2025 | 4 | INTERIM | 25 Oct, 2025 | Equity Share |
| 23 Jun, 2025 | 5 | FINAL | 23 Jun, 2025 | Equity Share |
| 25 Oct, 2024 | 4 | INTERIM | 26 Oct, 2024 | Equity Share |
| 19 Jun, 2024 | 5 | FINAL | 19 Jun, 2024 | Equity Share |
| 20 Oct, 2023 | 4 | INTERIM | 21 Oct, 2023 | Equity Share |
| 23 Jun, 2023 | 5 | FINAL | 23 Jun, 2023 | Equity Share |
| 10 Nov, 2022 | 4 | INTERIM | 11 Nov, 2022 | Equity Share |
| 23 Jun, 2022 | 5 | FINAL | 25 Jun, 2022 | Equity Share |
| 09 Nov, 2021 | 4 | INTERIM | 10 Nov, 2021 | Equity Share |
| 21 Sep, 2021 | 1.33 | FINAL | 22 Sep, 2021 | Equity Share |
Financials | |||||
|---|---|---|---|---|---|
| Price (₹) | ₹272.75 | ₹96.86 | ₹21.61 | ₹5,450 | ₹11,726 |
| % Change | 0.61% | 2.15% | -1.91% | -1.93% | 1.36% |
| Revenue TTM (₹ Cr) | ₹20,143.09 | ₹12,966.32 | ₹7,648.15 | ₹13,415.98 | ₹88,511.53 |
| Net Profit TTM (₹ Cr) | ₹1,146.80 | ₹654.56 | ₹850.36 | ₹1,019.94 | ₹8,165.64 |
| PE TTM | 49.00 | 38.40 | 30.00 | 40.50 | 41.20 |
| 1 Year Return | -37.52 | -19.77 | -16.61 | 1.3 | -4.36 |
| ROCE | 14.12 | 29.96 | 5.95 | 12.51 | 12.04 |
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