New Delhi, April 28th, 2026: Dalmia Bharat Limited, (BSE: 542216, NSE: DALBHARAT), a leading cement manufacturing company, reported its consolidated financial results for the quarter and year ended March 31, 2026.
Financial Highlights for the Quarter and year ended March 31, 2026
(Figures in Rs Cr)
| Particulars | Q4FY26 | Q4FY25 | YoY | FY26 | FY25 | YoY |
| Sales Volume (MnT) | 8.8 | 8.6 | 3.0% | 30.0 | 29.4 | 2.2% |
| Revenue from Operations | 4,245 | 4,091 | 3.8% | 14,804 | 13,980 | 5.9% |
| EBITDA | 902 | 793 | 13.7% | 3,083 | 2,407 | 28.1% |
| EBITDA/T (Rs/T) | 1,023 | 926 | 10.4% | 1,027 | 820 | 25.3% |
| PAT | 394 | 439 | -10.3% | 1,157 | 699 | 65.5% |
| Net Debt to EBITDA (x) | 0.46x | 0.30x | 0.16x | 0.46x | 0.30x | 0.16x |
Commenting on the performance, Mr. Puneet Dalmia, Managing Director & CEO – Dalmia Bharat Limited, said, “As the nation progresses toward the vision of Viksit Bharat by 2047, substantial investments in infrastructurewill be essential, and Dalmia Bharat is proud to play a meaningful role in India’s growth journey. India continues to demonstrate resilience amidst the geo-economic uncertainties.” He further added, “During the year, we made significant progress on our strategic priorities and delivered highest ever EBITDA of Rs 3,083 Cr in FY26. Going ahead, I remain excited about the opportunities that lie before us. With ongoing investments, a strong balance sheet and a highly committed executive committee, Dalmia is well-positioned for an accelerated growth.”
Mr. Dharmender Tuteja, Chief Financial Officer – Dalmia Bharat Limited, said “During the quarter, our cement volumes improved by 3% YoY to 8.8 MnT. At the same time, we continue to improve on our quality of sales with improvement in trade share as well as premium mix. EBITDA saw a strong uptick to Rs 902 Cr in Q4, supported by a combination of improved realizations, continued cost optimization initiatives and higher volumes. The recent improvementin cement prices is expected to help offset cost pressures arising out of geo-political uncertainties. I am confident that our consistent focus on maximizing ROCE, coupled with strategic capacity expansion, will drive strong value creation for all our stakeholders.”
Key updates
- ED had attached land parcels (valued Rs 344 Cr) of the company considering alleged Proceeds of Crime (“POC”) of Rs 793 Cr. ED case was basis a 2011 CBI case emanating from investigation against Mr. YS Jagan Mohan Reddy and others. The Company had challenged the attachment before the PMLA Tribunal, who reduced the POC by ~90% to Rs 93 Cr. Basis Tribunal's order, ED has ordered release of entire attached land parcels of the Company. Dalmiain tends to challenge the Tribunal’s order to the extent confirming POC of ~Rs 93 Cr.
- Commissioned 15 MW of WHRS and 7 MW of Solar power during the quarter, while an additional 17 MW of renewable energy capacity was commissioned under Group Captive agreements. This increases our total operational renewable energy capacity to 449 MW at end of FY26.
- The Board has recommended a final dividend of Rs 5 per share (250%) of face value of Rs 2 per share for FY2025-26 subject to approval of shareholders in ensuing AGM.
Key Recognitions during the quarter
The company received several prestigious national and industry recognitions, reaffirming its commitment to operational excellence, sustainability, workplace safety, and people-centric practices.
- DJSI Ranking
Dalmia Bharat achieved a score of 70 in the Dow Jones Sustainability Index (DJSI) Corporate Sustainability Assessment for FY25, improving from 64 in the previous year
- ISEI Award
Multiple units of Dalmia Bharat were recognized for excellence in Safety, Occupational Health & Safety, and Fire Safety practices
- World HRD Congress Recognition
Dalmia recognized at World HRD Congress for strong people practices and high-performance culture.
