Dalmia Bharat FY26 PAT Jumps 65% to ₹1,157 Cr; Recommends ₹5 Dividend
Dalmia Bharat reported FY26 PAT of ₹1,157 Cr, up 65.5% YoY. Q4 FY26 EBITDA reached ₹902 Cr (up 13.7% YoY) and revenue was ₹4,245 Cr (up 3.8% YoY). Cement volumes grew 3% YoY to 8.8 MnT in Q4. The Board recommended a final dividend of ₹5 per share for FY26. ED ordered release of attached land parcels.
The substantial increase in PAT and EBITDA, coupled with record results and a dividend recommendation, are material financial events. The resolution of the significant legal attachment issue also has a considerable impact on the company's assets and operations.
The company reported significant year-on-year growth in PAT and EBITDA, along with record EBITDA, and recommended a dividend, indicating a strong financial performance and positive outlook. The resolution of the ED land attachment issue is also a positive development.
Dalmia Bharat Limited announced its audited consolidated financial results for the quarter and year ended March 31, 2026. The company reported a robust performance with Profit After Tax (PAT) jumping 65.5% year-on-year to ₹1,157 crore for the full fiscal year FY26, compared to ₹699 crore in FY25. For the fourth quarter of FY26, PAT stood at ₹394 crore, a decrease of 10.3% from ₹439 crore in Q4 FY25.
Revenue from operations for FY26 increased by 5.9% to ₹14,804 crore from ₹13,980 crore in the previous year. In Q4 FY26, revenues grew by 3.8% YoY to ₹4,245 crore. The company achieved its highest ever quarterly EBITDA of ₹902 crore in Q4 FY26, a 13.7% increase YoY, and for the full year FY26, EBITDA surged by 28.1% to ₹3,083 crore from ₹2,407 crore in FY25.
Cement volumes for Q4 FY26 increased by 3.0% YoY to 8.8 million tonnes (MnT), contributing to a full-year volume of 30.0 MnT, up 2.2% from FY25. The Net Debt to EBITDA ratio stood at 0.46x as of March 31, 2026. The company also commissioned 15 MW of Waste Heat Recovery Systems (WHRS) and 7 MW of Solar power during the quarter, increasing its total operational renewable energy capacity to 449 MW by the end of FY26.
In a significant development, the Enforcement Directorate (ED) has ordered the release of attached land parcels valued at ₹344 crore, following a PMLA Tribunal's reduction of the alleged Proceeds of Crime (POC) to ₹93 crore. Dalmia Bharat intends to challenge the tribunal's order regarding the confirmed POC. The Board has recommended a final dividend of ₹5 per share (250%) for FY2025-26, subject to shareholder approval at the ensuing AGM.
What to do with a filing like this
Dalmia Bharat Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Dalmia Bharat Limited. Read the original for the full detail.